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BBCNEWS BBC July 4, 2024

According to the british retail consortium, Food Inflation fell last month to 13. 4 thanks to the lower cost of staple goods like oils, breakfast cereals, fats and fish. Heres our Business Correspondent emma simpson. It may not feel like it but the worst of food price rises could now be over. Grocery bills, though, are still way too high for many shoppers. Like, before you can just walk in with £10 and get a lot of things but now even £10 cant even buy what you actually want to buy. I mean, at the moment im ok but i guess im very lucky. But if it increased any more, just like Mortgage Rates as well, just like, yeah, the whole things going up, isnt it . Instead of Buying Luxuries now i buy the basics. Todays
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BBCNEWS Verified July 4, 2024

1096 quite comfortably. I eventually . Eventually, they reached 1096 quite comfortably. I think eventually . Eventually, they reached 1096 quite comfortably. I think was i 10 quite comfortably. I think was about 14 or so. They were looking for 1,000 registered voters here in the constituency to sign that petition, and in the end, they surpassed that in a straightforward manner. What it means is that there will be a by election for the people here in rather glenn and nearby hamilton glass rotherglen. Its almost three years since Margaret Ferrier built those rules by speaking in parliament when she was waiting for the results of a covid test. When i came back positive, rather than isolating, Shejumped On The came back positive, rather than isolating, she jumped on the train and came back up here to scotland. The consequences have been far reaching. She was arrested by polic ....

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BBCNEWS Verified Live June 4, 2024 16:45:00

From july last year, with the average cost of a home in the uk nowjust over £260,000. earlier we spoke to our correspondent, colletta smith and we began by asking her what s driving this trend? what we re seeing is the biggest house price fall since the financial crash in 2009. but the ingredients, the causes of this fall are very different. it s really being fuelling by those huge increases in mortgage rates that we ve seen over recent months. so today, if you were to get a two year fixed rate mortgage deal, the average price is that you d be paying 6.85% and interest. that s a massive jump compared to this point last year. that means more people are failing those mortgage affordability checks when they re trying to get hold of a mortgage, and othersjust opting for cheaper properties, putting in for lower offers, and that s having a real world impact now. we re seeing that on house prices. nationwide saying today that, actually, since that peak ....

Colletta Smith , Nowjust Over , Mortgage Rates , House Price , Fixed Rate Mortgage Deal , Mortgage Affordability , 36 85 ,

BBCNEWS BBC News at One June 4, 2024 12:17:00

From july last year, with the average cost of a home in the uk nowjust over £260,000. let s go live now to our correspondent, colletta smith. colletta, what s driving this trend? well, it s interesting, what we are seeing is the biggest house price fall since the financial crash in 2009. at the ingredients, the causes of the fall are very different. it s really being fuelled by the huge increases in mortgage rates that we have seen over recent months. today, if you are to get a two year, fixed rate mortgage deal, the average price you would be paying is 6.85% in interest, a massivejump compared to this point last year. that means more people are failing of the mortgage affordability checks were now trying to get hold of a mortgage and others are opting for cheaper properties, putting on low offers. that is having a real world impact on house prices. nationwide ....

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