Speaking before squeezed by massive bills, there is still Spending Power out there. A lot of our customers are probably a bit older, so we dont feel the mortgage rate, although it creates uncertainty for them and that does and we do notice when there is a rate rise, everyone gets a bitjittery. Does it feel like we are getting green shoots . I dont feel that there is green shoots, no, no. I dont feel that there is green shoots, no, no. I feel we are in a holding pattern. It could go either way. Today, the Bank Of England said the tough medicine was beginning to work. Less tha n less than two years they have over 14 steps raised Interest Rates to the highest level in 15 years in an attempt to drain Spending Powerfrom the Spending Power from the economy. The period of near zero Interest Rates now consigned to history with the bank warning that rates could remain at this level for some time. If you asked the question, yes, and when are rates going to come down . My answer is we are going t
you re live with bbc news. to the travel and tourism business now. it accounts for almost 10% of the global economy and some countries depend on it far more than that. one of those is greece where thousands of people have been forced to abandon their holidays because of devastating wildfires. all across southern europe popular tourist destinations have been struggling under extreme heat. so what will climate change mean for the tourism industry in the long term? my colleague aaron heslehurst has been speaking to the president of the european travel commission and asked him about the impact of the ongoing wildfires. what the it will have an impact on everyone, every sector of the economy. on everyone, every sector of the economy- on everyone, every sector of the economy. climate change is something the economy. climate change is something that the economy. climate change is something that affects - the economy. climate change is something that affects the - something that affec