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The Daily Guardian: U.K. Inflation Remains Unchanged at 6.7 Percent, Putting an End to Consecutive Declines

The Daily Guardian: U.K. Inflation Remains Unchanged at 6.7 Percent, Putting an End to Consecutive Declines
thedailyguardian.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailyguardian.net Daily Mail and Mail on Sunday newspapers.

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Transcripts for BBCNEWS BBC News 20240604 10:08:00

Precise impact of all the shocks that are hitting the uk economy. we have brexit, the energy shop due to the russian invasion of ukraine, we have had the pandemic. it is very hard to unpick the direct impact of all of those. couple of factors i would note that, firstly, the market reaction to the many budget does strongly signal that some combination of higher taxes and lower spending will be needed in order to restore credibility in the uk s fiscal approach. that will lead to lower economic activity and depend on demand. 0n the other side we have seen this energy price rise. this is really reflecting the war in europe. there is no setting a bank rate by the bank of england that can somehow change the fact we will be ....

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Transcripts for BBCNEWS BBC News 20240604 00:16:00

They are pursuing. we will leave it there. thank - they are pursuing. we will leave it there. thank you | they are pursuing. we will. leave it there. thank you very much. . ~ leave it there. thank you very much. ., ~ i. leave it there. thank you very much. ., ~ ., ., here in the uk, households have been warned that energy bills will soar by 80% in october for tens of millions of people, causing real hardship for many who are already struggling with a steep rise in the cost of living. the bbc s business editor simonjack reports. abby dezso is a single mum living in ipswich. the energy price rise will hit her hard. she has a part timejob which earns her £1000 a month, but her energy bill is going up from £80 to £250 in october, which she will struggle to find. is there anything you can cut? honestly. . . no. as she looks at her stretched budget, her primary concern is for her children. you don t want them to go without, so as long as they re fed, that s my main priority. as long as i ....

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Transcripts for BBCNEWS BBC News 20240604 02:14:00

Been warned that energy bills will soar by 80% in october for tens of millions of people, causing real hardship for many who are already struggling with a steep rise in the cost of living. the bbc s business editor simonjack reports. abby dezso is a single mum living in ipswich. the energy price rise will hit her hard. she has a part timejob which earns her £1000 a month, but her energy bill is going up from £80 to £250 in october, which she will struggle to find. is there anything you can cut? honestly. . . no. as she looks at her stretched budget, her primary concern is for her children. you don t want them to go without. so as long as they re fed, that s my main priority. so, as long as i ve fed them, i don t really mind. i m happy with a bit of toast, that doesn t bother me. but you just know that they re going to end up going without. announcing the new prices this morning, the regulator said ....

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