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BBCNEWS Breakfast July 4, 2024

Warmer and more humid as we go through this week. All the details later in the programme. Good morning. Its tuesday the 15th of august. The former us President Donald Trump has been served with a fresh set of charges accusing him of trying to overturn the results of the last us president ial election. He and 18 others have been indicted in the State Of Georgia on counts that include racketeering and forgery. Mr trump has previously denied any wrongdoing and said the case was politically motivated. The investigation has centred on claims the former president pressured Georgia State officials into rejecting legitimate votes. Every individual charged in the indictment is charged with one count of violating georgias racketeering and corrupt organisations act through participation in a criminal enterprise to accompli ....

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BBCNEWS Verified July 4, 2024

Thats slightly higher than expected and driven mainly by higher costs for gasoline and rents. In the 12 months up to february, the cpi rate increased by 3. 2 , compared to 3. 1 injanuary. 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. Lets head over to new york and speak to our north America Business correspondent michelle fleury. As far as the fed is concerned, it is about how they respond to this number. It is not going in the direction they wanted it to. The tricky word direction they wanted it to. The tricky word that direc ....

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BBCNEWS World July 4, 2024

Increase wont come. Lets not forget that yesterday we heard that average uk wages were rising at their fastest pace in 20 years. Joining me now is Neil Shearing group Chief Economist at capital economics. Thanks very much for being with us today. Clearly it is pretty good news, but is it happening fast enough, oras news, but is it happening fast enough, or as fast as we had hoped . The fall in the Headline Rate of inflation, as you say, thats going to be welcomed by the Bank Of England. It takes a bit of pressure off them. But when you start to dig into the details of this report, i think perhaps there is still some uncomfortable reading there for the policymakers of the bank. As you mentioned, a lot of the fall in the
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BBCNEWS Verified July 4, 2024

10 15pm on the 13th Of August on sunday, those two men were standing outside the nightclub, in south london, they were approached police say by a man who attacked them with a knife before running away. Both men are in their 20s or 30s, they were taken to hospital for treatment and have since been discharged, there has been no officers, officers are following up leads, they are crucial in the Ongoing Investigation what they described as a homophobic attack of the two men. We will of course have more on that story as we get it but now lets go to tie and write for the business news. Lets start with china. Weve had some worrying data this week fuelling fears about the health today, Property Prices fell for the first time this year due to flagging demand house prices fell by 0. 1 injuly, compared with the same month l ....

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BBCNEWS World July 4, 2024

Neil carberry is the Chief Executive of the recruitment and employment confederation. We have definitely seen a cooling in Labour Market demand for newjobs over the last year, year and a half. And lots of change going on inside companies as they adapt to a slower economy. So, definitely signs of a cooling, that of course is what the bank is looking for to justify dropping Interest Rates in the next few months. But i think what is important to say is that there is nothing precipitous here, unemployment overall is still low, demand is still relatively high next to historic standards. So this is a gentle cooling, more of a soft landing rather than anything more challenging. And there is some hope in the business surveys for a turnaround later in the year. The rec speaks for 3,000
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