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Transcripts For BBCNEWS World Business Report 20240709



about it? we start with plan b , those new covid restrictions being imposed in england, in response to the sharp rise in cases of the omicron variant. from monday, employees in england are being asked to work from home wherever possible. there are currently no formal rules to work from home in wales and northern ireland, though it is encouraged, but in scotland the government also advises working from home where possible. from this friday, face coverings will need to be worn in most public venues in england, including theatres and cinemas, with some exceptions for eating ordrinking. and the nhs covid pass, also known as a vaccine passport, will become mandatory for nightclubs or other venues with large crowds. the advice in england to work from home again, after it was lifted in the summer, will have a major impact on businesses and employees, with employers groups calling on the government forfinancial support. our business editor simonjack reports. christmas is supp ....

Businesses , Government , Uk , Northern-england , Restrictions , Bbc-news , Working-from-home , Business-headlines , Covid , Viewers , Insta , Around-the-world

Transcripts For BBCNEWS World Business Report 20240709



let s start with cop26 because, today, transport dominates the discussions in glasgow. a lot of the focus will be on china, which is the world s largest car market and also the biggest polluter. president xijinping has come under some criticism for not attending the summit. and this is why. china s greenhouse gas emissions rose above those of all developed nations combined in 2019. president xi has promised to reach net zero by 2060, but that will be require some major changes in the way companies operate. china though is a market leader in both electric vehicle and battery technology manufacturing. electric vehicle sales are forecast to more than double to three million units this year, according to the china association of automobile manufacturers. let s go live to shanghai and speak to our correspondent robin brant. let s start with how cop26 is being covered or discussed at all in china. president xi isn t there, as we have already mentioned. i am sorry to disappoin ....

China-s , Car-market , Excitement , World , It , Polluter , Business , Bbc-news , New-york , Planet , Truck-maker , Act

Transcripts For BBCNEWS BBC 20240704



attack during the night. according to officials, air defence units were engaged in repelling the attack, purportedly coming from russia, with missile debris falling in different parts of the city. mr zelensky is expected to ask the west to show the political will to deliver air defence systems. our correspondent sarah rainsford has been at the scene in kyiv where the attacks happened. this has been at the scene in kyiv where the attacks happened. the attacks happened. this is the aftermath of the attacks happened. this is the aftermath of yet the attacks happened. this is the aftermath of yet another - the attacks happened. this is the aftermath of yet another missile | aftermath of yet another missile attack on ukraine s capital russian missile attack. . the biggest barrage have been launched for some time here. ukraine s air defences managed to shoot all of them down, but when they do that, them down, but when they do that, the debris falls to the ground and o ....

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Transcripts For BBCNEWS World 20240704



is on the road to recovery. joining me now is kathleen brooks, research director at the stockbrokers xtb. no great surprise the bank didn t decide to make a move on rates. the forecast is still later in the year but it is interesting when we look at how those members of the mpc voted, we get a sense of what could happen next. voted, we get a sense of what could happen next- happen next. absolutely, the two members that happen next. absolutely, the two members that voted happen next. absolutely, the two members that voted for - happen next. absolutely, the two members that voted for a - happen next. absolutely, the two members that voted for a hike i happen next. absolutely, the two | members that voted for a hike last month and for the last five months before all the other members, or most of the other members, were voting to remain on hold, they moved to the other side so they are no longer looking for rate hikes, so that has made the path to cuts much easier on t ....

Bank-of-england , Interest-rates , Hold , World-business-report , Uk , 5-25 , Inflation , Prices , Rate , Level , Times , Peak-back

Transcripts For BBCNEWS World 20240704



the core rate, stripping out those volatile elements such as fuel and rents, fell to 3.8% from 3.9% injanuary, but that was still higher than the 3.7% expected. this latest data suggests there is still some stickiness with inflation that will be scrutinised by the federal reserve as it weighs up a highly anticipated interest rate cut injune. let s head over to new york and speak to our north america business correspondent michelle fleury. not michelle fleury. a huge rise but not heading in the not a huge rise but not heading in the right direction? the right direction? people were hoinu to the right direction? people were heping to see the right direction? people were hoping to see more the right direction? people were hoping to see more evidence - hoping to see more evidence that prices were cooling and moving in the direction they wanted, this probably goes in the negative column, inflation is a bit hotter than people would like to see, and it does not necessaril ....

Prices , Us , Fed , Market , Interest-rate-cuts , Slump , Player , Lego , Toy-world , China , Plus-building-on-success , Rate