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Transcripts For BBCNEWS BBC 20240704

following a fall of 0.1% the previous quarter. it s the third time that the uk has fallen into recession in the past 25 years. the first was during the financial crash in 2008 that was the deepest recession for decades. the most recent was at the start of covid when much of the economy was forced to shut down. the good news is this latest recession is smaller than previous ones. the difficult issue for the prime minister is that one of his five pledges is to grow the economy. 0ur economics editor faisal islam reports. signs of the times in harlow town centre. 0n the one hand, some evidence of the struggle for hairdressers, retailers, restaurateurs and others on the high street. on the other, they need to fill recruitment gaps. it may look like a recession, indeed it is now officially a recession, but it s not a very normal one. we officially a recession, but it s not a very normal one. officially a recession, but it s not a very normal one. we went to the food bank. a ve

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Transcripts For BBCNEWS BBC 20240704

going up now for six months. and if we stick to our guns, independent forecasters say that by the early summer we could start to see interest rates falling, and that will be a very important relief for families with mortgages. we spoke to my colleague about how the uk economic situation compares to other countries. i the uk economic situation compares to other countries. to other countries. i think the crucial thing to other countries. i think the crucial thing to to other countries. i think the crucial thing to understand i to other countries. i think the i crucialthing to understand here, crucial thing to understand here, because quite frankly everyone looks at it slightly differently and there are different factors going on, but the uk is not alone because when you look at the factors that lie behind the uk s dip in the last half of last year, i really dip, very mild, you are talking about the cost of living crisis, high prices that hit consumers and businesses in the

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Transcripts For BBCNEWS The 20240703

munitions were pause last week and new shipments were under review. the british prime minister has suffered a second defection in under a fortnight. the megabytes for dover has joined fortnight. the megabytes for dover hasjoined labour the mp. she also accused the pm of failing to deliver on his promise to stop the boat. analysis suggest that the world s oceans are struggling to deal with climate change effects, with temperature records up reading the broken last year. since may 2023, the average surface temperature is have exceeded the record for the time of year on every single day. warmer oceans have been linked to the mass bleaching of coral and the declining species. two months ago, the bosses of social media companies came face to face with children who have been taken their own lives after being exposed to harmful my content. show their own lives after being exposed to harmful my content. their own lives after being exposed to harmful my content. show them the ictu

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UK: The Economy, Stupid? PM Rishi Sunak's 'Only' Chance of Re-election

UK leader Rishi Sunak's hopes of turning around his beleaguered Conservative party's fortunes before a likely general election next year hinge on a British economic recovery, observers say.

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