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Transcripts For BBCNEWS Nicky 20240704

Is a rate rise good for you . Really looking forward to speaking to you, to hearing from you this morning, by telephone, by text or social media. Lets get the neatest News Headlines from karishma patel. The Bank Of England is expected to raise its main Interest Rate to 5. 25 at lunchtime. It will be the 14th time in a row its gone up. Inflation has slowed down in the past few months, but is still at nearly 8 four times higher than the official target. Deputy Prime Minister, oliver dowden, says migrants will start to be housed on a barge in dorset in the coming weeks and that inspections are being carried out. They were meant to move in earlier this week but there have been concerns over fire safety and port staff. Ofcom says older viewers are switching away from live tv as part of a record drop in people watching traditional television. The Broadcasting Watchdog says audiences now have an all you can eat buffet of broadcast and online content to choose from. Scientists say a Prehistori

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Transcripts for BBCNEWS Nicky Campbell 20240604 08:15:00

Way or another affect every part of all of our lives. trying to get a feel for that from your phone calls this morning. call 08085 909 693. we are hearing about business and what about property and the housing market? we know the impact mortgage rates are having on that and they know according to people who rent as well. sophie and ipswich and craig in edinburgh, you have got different stories to tell, sophie, tell us about your situation in ipswich. basically i am a single working mother, basically i am a single working mother, my rent at the moment is ust mother, my rent at the moment is just about mother, my rent at the moment is just about affordable. i pretty much rely on just about affordable. i pretty much rely on universal credit outside of what rely on universal credit outside of what i rely on universal credit outside of what i earn rely on universal credit outside of what i earn to survive each month. 0ne what i earn to survive each month. one of what i earn to

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Transcripts for BBCNEWS Nicky Campbell 20240604 08:11:00

The moment, that is what we are livin: with. , , . living with. this is the medicine. i cuess living with. this is the medicine. i iuess it living with. this is the medicine. i guess it economist, living with. this is the medicine. i guess it economist, the living with. this is the medicine. i guess it economist, the bank - living with. this is the medicine. i guess it economist, the bank of l guess it economist, the bank of england, the government, will say it is doing what we expected to do. if it can push inflation down. peter, if you are staying, all good, if not, let s get to some of the phone calls. thank you for the millions of texts. text 85058. let s talk to sophie in ipswich, creek in edinburgh, tracy is in chesterfield. good morning and welcome to the programme. tracy, tell us about your situation, you are a small business, a cafe owner in chesterfield. how are things? we a cafe owner in chesterfield. how are things? are things? we run a cafe in chesterfield, are thin

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Transcripts for BBCNEWS Nicky Campbell 20240604 08:24:00

Things are hard enough as it is, someone is making a lot of money out of this. another listener saying i work in the automotive manufacturing industry, the bank of england is having a devastating impact on the altima sector, from manufacturing through to retail. a lot of businesses are about to lose jobs in scotland, they should be the last rate increase and in the future act sooner to slow the economy, not leave until the need to cut deep and hard. that point has been made many times before, did the bank of england act quickly and hard enough? let s bring in craig in edinburgh. good morning, create, sorry to have you holding on so much. this is about the rental market or are you looking to buy a property two rare looking to buy a property two we recently moved back to the uk intent

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