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Transcripts for BBCNEWS World Business Report 20240604 04:32:00

can charge consumers. all this, of course, is eroding spending power. new data released on tuesday found that while wages rose for public sector workers, price rises outpaced them meaning a 3% drop in spending power, the biggest fall in 20 years. in a moment, we ll be taking a closer look at what today s figures may reveal, but first dougal shaw has been visiting some london entrepreneurs, to find out more about how rising prices are impacting their businesses. the worst business help in white city, west london, was very quiet during lockdowns, but it started to bustle again with start up activity. however, in the current economic climate, rising costs are a big challenge to many. this start up to mix bags

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