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BBCNEWS World Business Report July 7, 2024

we start here in the uk where a final battle to become the next prime minister is taking place as the country faces the worst cost of living crisis in a generation. as you ve been hearing, formerfinance minister, rishi sunak, and the foreign secretary, liz truss are the last remaining candidates. they will now face a vote by conservative party members around the uk with a result expected in september. whoever wins could mean a very different approach to the economy. truss says you cannot tax your way to growth she is proposing more than 30 million pounds in immediate tax cuts. sunak wants to delay the tax cuts until inflation is under control. borrowing your way out of inflation , he says, isn t a plan, it s a fairytale . the economic challenges facing the next prime minister are huge. last month, the rate of inflation hit 9.4% the highest rate for a0 years driven by a leap in the price of fuel, and also of basic foods like milk, cheese and eggs. our economi ....

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BBCNEWS World Business Report June 4, 2024 04:32:00

The economic challenges facing the next prime minister are huge. last month, the rate of inflation hit 9.4% the highest rate for a0 years driven by a leap in the price of fuel, and also of basic foods like milk, cheese and eggs. our economics editor faisal islam reports. it is the staples, fuel and food going up last month that pushed inflation to a0 year high. this is what that means forfamilies in derbyshire and across the uk. in this community pantry finding demand rocketing at the same time as surplus supermarket supplies they rely on rental. we surplus supermarket supplies they rely on rental. they rely on rental. we are shiftin: they rely on rental. we are shifting a they rely on rental. we are shifting a quarter - they rely on rental. we are shifting a quarter ton - they rely on rental. we are shifting a quarter ton of. they rely on rental. we are l shifting a quarter ton of food as demand keeps going up will run out in terms of being able to acquire enough food to feed peo ....

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