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BBCNEWS Newsday July 7, 2024



but the figures aren t quite the horror show many feared. it s 8:00 in the morning here in singapore, and 1am in london where the uk has recorded temperatures of more than a0 degrees celsius for the first time. the heatwave has caused widespread disruption, and a major incident has been declared in london, where the mayor sadiq khan said fire crews were struggling to cope. the un s climate chief has warned heatwaves like the one gripping western europe are becoming more frequent. our first report is from our climate editorjustin rowlatt. with today s searing heat came fires, and lots of them. huge plumes of smoke rose above london as grassfires engulfed homes on the outskirts of the capital. the london fire brigade declared a major incident. a number of the calls that we ve been dealing with today have been wildfires or grassfires, where the ground has been tinder box dry result of the weather over the last week, but in particular, the last two days. temperature records ....

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BBCNEWS World Business Report July 7, 2024



so let s now get down to business and we begin with the bank of england and the warning that interest rates could go up by as much as half a percentage point at its next rates meeting. that s according to the bank s governor, andrew bailey. he was speaking to financial leaders in london last night and pledged to do whatever it takes to get inflation under control. we will have to act forcefully. in simple terms it means a 50 basis point increase will be among the choices on the table when we next meet. but it is not locked in. and anyone who predicts that we will do that is doing that based on their own view. we do not pronounce rate decisions for one very simple reason, and pc decisions are based on deliberation at the time on nine people focused on retaining inflation to the 2% target sustainability. well, injust over an hour s time we will get the latest inflation figures for the uk. prices have already been rising at the fastest rate in a0 years at 9.1%. joining me ....

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