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BBCNEWS Sportsday July 6, 2024

rain. sunny skies on saturday. saturday will be the best day of the weekend, so mother nature has it right. come sunday, the rain will reach liverpool. so we just about get away with it. but it will be a nice day. back to the here and now. right now, we have high pressure building across scotland and ireland. to the east of the country, though, we have a breeze off the north sea. there is thick cloud. we have had some rain in the south and south east from a weak weather front crossing us. this is where the cooler conditions are, ten, 12, 1a degrees further east. at the moment, temperatures are in the high teens and will probably hit 20 degrees for western scotland, northern ireland, wales and in the south west as well. tonight, we will have thick cloud across eastern and southern and central parts of england. in the north and west, as well as northern ireland, clearer skies, and where we have clear skies overnight, sunshine will greet us first thing on saturday morning. ....

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BBCNEWS World July 6, 2024

i ll try to give you a fascinating snapshot of all the world of business and money. let s start here in the uk, where the economy in the first three months of this year recorded growth ofjust 0.1%. output in consumer facing services fell by 0.8% in march underscoring the impact of ongoing strikes and the cost of living crisis. hardly booming but a far cry from the record breaking recession that the bank of england was predicting six months ago. on thursday, the bank announced a major rethink of its forecasts saying the uk will now avoid going into recession. of course, talking about interest rates. the bank also raised its main interest rate again by a quarter of a percent to 4.5%. that s the 12th rate rise in a row and it puts the cost of borrowing here in the uk at a 15 year high. here s dr steve nolan, senior lecturer in economics at liverpool john moores university. good to see you. hardly the doom and gloom of the recession that was predicted, but let s ....

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BBCNEWS BBC July 6, 2024

a bit more persistent. so, in general the market s expecting maybe one or two more interest rate rises, up to about 5%. the fact we are not in recession probably doesn t change that thinking. the man in charge of the uk s economy has welcomed the rise. here s chancellor of the exchequer, jeremy hunt. these are much better figures than anyone would possibly have predicted even three months ago. that is partly because what the governor of the bank of england said yesterday. measures in the budget that are helping to help companies to recruit and tackle some of the underlying problems in the economy. but there is still much work to do. we still have inflation that is much too high, that is causing a lot of pressure forfamilies up and down the country. that is why we have to stick to our plan to get inflation down, to get growth up, and to get the economy motoring in the way that we all want. the uk remains the only g7 country in which the quarterly measure of gdp has not r ....

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BBCNEWS World Business Report June 4, 2024 10:33:00

Is the billion seem to be closer to fixing it. here is the billion pound seem to be closer to fixing it. here is the billion pound question. how does the government to fix it? out does the government to fix it? out do we get that growth spurt? how do we get that growth spurt? how do we get that growth spurt? how do we get that growth spurt? irate do we get that growth spurt? how do we get that growth spurt? we have to think about do we get that growth spurt? we have to think about long-term do we get that growth spurt? we have to think about long-term plans. - do we get that growth spurt? we have to think about long-term plans. you l to think about long term plans. you mentioned what has been a dirty word within the uk, industrial policy and investment. where do we want to encourage investment both by government but also by business? how will they train people for what is going forward? these are the kinds of things we need to think about in a joined up of things we ....

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BBCNEWS BBC News June 4, 2024 12:45:00

Gdp per capita is much lower than in competitor nations. and that is still fundamentally what we call a structural problem. we don t seem to be closer to fixing it. we have to start thinking about long term plans. you mentioned what has generally been a dirty word within the uk, for 40 50 years, industrial policy and investment. where do we want to invest within the country? where do we want to encourage investment both by government but also by business? how will they train people for what is going forward? these are the kinds of things we need to think about in a joined up kind of way, rather than flashy policy announcements that can hopefully give a kind of sugar rush to the economy, we want sustained long term growth rather thanjust a big jump. inflation does seem to be sticking around longer than most people projected. there is a concern now about the level of food prices, whether that is going to become ....

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