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Transcripts For BBCNEWS World Business Report 20240706



us financal watchdogs target two more big names, the exchange genesis, and the crypto lender gemini. plus, pack your bags, travel is back. but where are people going? we ll hear from the boss of hotel booking site trivago. we start here in the uk, where we could get confirmation, in the next hour or so, that the economy is heading into recession. figures for november are expected to show a fall in britain s gdp, gross domestic product or economic output, after growth ofjust 0.5% in october. we already know the uk economy shrank in the three months to september, two quarters in a row of negative growth means a recession. businesses and consumers are feeling the pressure of soaring energy bills and rising interest rates, as one company owner has been telling the bbc. from our point of view, we can feel that yeah there is probably a recession coming on. people are finding it difficult, they are kind of worried about their basic of heating and fuel and all the rest of it in ....

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Transcripts for BBCNEWS World Business Report 20240604 05:32:00

Businesses and consumers are feeling the pressure of soaring energy bills and rising interest rates, as one company owner has been telling the bbc. from our point of view, we can feel that yeah there is probably a recession coming on. people are finding it difficult, they are kind of worried about their basic of heating and fuel and all the rest of it in the worries of inflation. so we can very much tell that there is a little bit of tension in consumers and we feel it ourselves. we have all got higher energy bills and things and our staff feel it so it is almost palpable at the moment but it seems to be a series of bad news from the beginning of covid towards, energy crisis, it is just one thing after another, give us a break. melanie baker is senior uk economist at royal london asset management. all eyes are on november s economic output, do you expect to see a depth? we economic output, do you expect to see a depth? to see a depth? we do, about four of 0.296 to see a depth? we do ....

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