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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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BBCNEWS Breakfast July 7, 2024

the final countdown. conservative mps vote on which two candidates will go through to fight it out to become the party s leader and next prime minister. i m in brighton where england s lionesses take on spain tonight for a place in the semi finals of euro 2022. but in oregon, britain sjake wightman produces a stunning run to take 1500m gold at the athletics world championships. and the three dads will be here to tell us about their next challenge as they travel across the uk on their mission to get more schools to talk about suicide prevention. good morning. after yesterday s record breaking good morning. after yesterday s record breaking temperature in the uk, today record breaking temperature in the uk, today the temperature will be a -ood uk, today the temperature will be a good ten uk, today the temperature will be a good ten or uk, today the temperature will be a good ten or 15 degrees at least cooler good ten or 15 degrees at least cooler than it was yesterday. st ....

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BBCNEWS World Business Report June 4, 2024 04:35:00

Basis is more the role of the chancellor and that will be their focus whereas the inflation would have to be the bank of england will have to be myopic on dealing with thank but now let s the earnings season is well underway and netflix is the latest to tell wall street how its doing. the streaming giant revealed its lost nearly a million subscribers from april to june. that s fewer than the 2 million customers the company had warned investors it would lose. netflix said the strong us. dollar hit revenue, which grew 9% to us$7.97 billion below analyst estimates of $8.04 billion. so how is netflix doing, especially as the competition in the streaming industry heats up? harry mccracken is global technology editor at fast company ....

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