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BBCNEWS World Business Report July 7, 2024



let s start here in the uk, where in just over an hour s time the latest inflation figures for april will be released. many analysts are expecting the rate to hit 9% for last month, which will mean the prices remain at their highest level in three decades. the bank of england has warned inflation could hit 10% within months, as the price of fuel and food puts pressure on household budgets. bbc s consumer affairs correspondent colletta smith has more on the impact rising prices is having on daily lives. shopping is like ten or more a week, more expensive, shopping is like ten or more a week, more expensive, bread shopping is like ten or more a week, more expensive, bread has gone up, the bread i have gone up gone up, the bread i have gone up 50p. gone up, the bread i have gone u- 50. , gone up, the bread i have gone u . 50 . , ., ., gone up, the bread i have gone u. 50, , ., ., , gone up, the bread i have gone u 50. , ., ., gone up, the bread i have gone up 50p. this w ....

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BBCNEWS Talking July 2, 2024



attacks since october seven. iceland s government has declared a state of emergency and evacuated thousands of people from towns in the west of the country amid a rising chance of a volcanic eruption. now come on bbc news, talking business. hello, everybody. a very warm welcome to this special edition of talking business weekly. with me, aaron hazelhurst, coming to you from long beach, california. let s go and take a look at what s on the show. a flight full of dollars. that s right. the airline industry is on course to return to profit this year after the turbulence of covid. so we re going to find out how they re investing that cash in the next leg of ourjourneys. holy cow. from virtual reality to robot wheelchairs, we re here at the airline passenger experience expo to find out what airlines are doing with the latest technology and innovations to help us enjoy our flights. i m going to be sitting down with one of the most influential figures in the industry, the big ....

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BBCNEWS Talking July 2, 2024



and that return of demand, well, it comes despite rising fares for passengers. you know, according to data from the travel website kayak, globalflight prices have risen 16% between july and september this year compared to the same time a year ago. and that s helped some airlines to record record profits. however, the airline body, iata, that s the international air transport association, says despite those higher fares, the average airline will make a profit ofjust $2.25 per passenger as the rest of the moneyjust gets sucked up by rising costs. and that s the big challenge, because in the last few months, we ve seen a steady increase in oil prices. of course, that s the number one expense for airlines. there s also ongoing staffing shortages everywhere, from baggage handlers to pilots. and then there s the cost of moving towards greener aircraft. but despite the cost of living crisis, it s been leisure rather than business travel which has been feeding into this strong ....

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BBCNEWS Business July 2, 2024



reforms would continue in the world s fastest growing major economy in the world. that reported more than an 8% economic expansion in the last financial year. some of the post poll projections have even predicted a two thirds majority for the ruling party, and that would be even more than what they won in the 2019 elections. but these are still projections, and the exit polls have had their share of failures in the past. there s also expectation that many seats could go for a nail biting finish in the world s largest election. that also was marked by high pitched campaigns, divisive speeches, fake news and questions over the free and fair election. and so it s not over until it s over. the electronic voting machines that have recorded every single vote that was casted and its corresponding paper trails have reached the strong rules and the counting will begin 8am tuesday local time for whoever wins this mandate, creating enoughjobs and ensuring that india s fast paced e ....

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BBCNEWS Business June 4, 2024



that reported more than an 8% economic expansion in the last financial year. some of the post poll projections have even predicted a two thirds majority for the ruling party, and that would be even more than what they won in the 2019 elections. but these are still projections, and the exit polls have had their share of failures in the past. there s also expectation that many seats could go for a nail biting finish in the world s largest election. that also was marked by high pitched campaigns, divisive speeches, fake news and questions over the free and fair election. and so it s not over until it s over. the electronic voting machines that have recorded every single vote that was casted and its corresponding paper trails have reached the strong rooms and the counting will begin 8am tuesday local time for whoever wins this mandate, creating enoughjobs and ensuring that india s fast paced economic growth continues and also trickles down to the masses will be priority. th ....

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