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Transcripts For BBCNEWS World 20240704

Investment platform. Thanks bro. Thanks for joining Thanks Forjoining us. Mortgages cost more so it is a bit of a Vicious Cycle for First Time Buyers . It is, yes, and there is a bit of respite for people looking to get onto the Property Ladder but they have still got very high costs of borrowing and it will still cost a lot to afford the mortgages once you have got on the ladder and it still costs a lot of money for renting whilst you are trying to get on the ladder. But it is good news for people who are looking to get off the ladder and looking to use their housing as part of that so there is a bit of balance but i suppose house prices matter most when you are trying to change your position. For the vast majority it is a number that changes without us actually trying to change our Housing Position but i think the people trying to get on the Housing Ladder to make the first step are really feeling the squeeze right now. The numbers tell the story. 3. 8 fall in july alone, the fastest

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Transcripts For BBCNEWS BBC News 20240707

there is the wreck of the mary rose. it has come to the surface. and it s exactly a0 years since henry 8th s flagship the mary rose was raised from the bottom of the solent, after 437 years under the sea. the bank of england has been forced to intervene once again in the markets warning of a material risk to financial stability. the emergency move this morning will see the bank buy a wider range of government debt, in order to restore conditions in the markets. it follows on from yesterday s announcement of further meaures aimed at ensuring an orderly end to its emergency bond buying scheme. today the institute for fiscal studies think tank warnted the chancellor will need to make big and painful spending cuts to put the country s finances on a sustainable path. it suggests the chancellor could increase working age benefits in line with average earnings, limit public investment to 2% of national income and cut the budgets of every government department except he

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Transcripts For BBCNEWS The 20240701

douglas ross for the conservatives, labour s anas sarwar and alex cole hamilton, of the liberal demorats but not the scottish greens. the israeli military has announced the deaths of four more people who were abducted by hamas on the 7th of october. they ve been named as nadav popplewell, chaim peri, yoram metzger, and amiram cooper. israel s army says the hostages were killed during an israeli operation in khan younis. claudia sheinbaum has been elected as mexico s first woman president. preliminary results showed the 61 year old former mayor of mexico city had won close to 60% of the vote in sunday s election. she will replace her mentor, the outgoing president andres manuel lopez obrador. a final message from rugby league legend and motor neurone disease and motor neurone disease campaigner rob burrow has been released as part of a new bbc documentary. the message was recorded by the former leeds rhinos star especially for the programme, called there s only one rob burrow,

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Transcripts for BBCNEWS The Context 20240604 20:10:00

Attracting concern from the voters, would say what would you expect if you argued for moving britain from the single market when you argued for the hard brexit that has come about. but they cannot say that, the tories cannot say that, they have to take ownership of the project which in many ways it is not going particularly well because the opportunities they talk about for brexit are down the line. the challenges that arise from brexit including a forecast cut in the value of the british economy are happening right now. value of the british economy are happening right now. jessica, the headfine happening right now. jessica, the headline in happening right now. jessica, the headline in the happening right now. jessica, the headline in the independent - headline in the independent newspaper today. the headline in the independent newspaper today the eu rebuffs labour hopes for softer brexit. the article claims that brussels will be indifferent to any charm offensive from a labour g

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Transcripts for BBCNEWS World Business Report 20240604 13:32:00

Numbers tell the story. 3.8% fall in july alone, the fastest in 14 years and the biggest decline sincejuly 2009. as we approach an election year, this will be causing nervous in downing street? year, this will be causing nervous in downing street? yes, i think the headfine in downing street? yes, i think the headline inflation in downing street? yes, i think the headline inflation figure in downing street? yes, i think the headline inflation figure has - in downing street? yes, i think the headline inflation figure has been l headline inflation figure has been so high and that will be causing downing street concern. they will be wanting the monetary policy in the uk to bring that down and that alongside the goods and services inflation, they will one house price inflation, they will one house price inflation to come down at the same time. ~ . , , , , ~ time. what will buyers be thinking? are they taking time. what will buyers be thinking? are they taking a time. what will buy

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