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Transcripts For BBCNEWS Business Today 20241010 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
Presidential endorsement that both candidates have been angling to lock down for weeks now. And it turns out neither one of them is getting it. An an election that is marked by an allout fight for Blue Collar voters. The teamsters silence rings louder than really any endorsement could tonight. The leadership declared during that theyre not backing Vice President harris or former president Donald Trump. The republican Nominee Tonight tried to claim otherwise earlier today, i was honored to receive The Endorsement of the Rankandfile Membership of the teamsters. I love that endorsement comes from the leadership of the teamsters, but well talk more about that in a moment. But just to give you a sense of how much trump was trying to woo the Teamsters President Sean Obrien, he gave him a Prime Time Speaking Slot at the republican national convention. Any reaction with the Teamsters Decision not to endorse know they are. ....
motorcade that is making its way towards the irish president. let s bring in our correspondence, charlotte gallagher. a lot of pomp and ceremony. today, very much the formal part of this visit. yes. and ceremony. today, very much the formal part of this visit. formal part of this visit. yes, it is really back formal part of this visit. yes, it is really back to formal part of this visit. yes, it is really back to business - formal part of this visit. yes, it is really back to business for i formal part of this visit. yes, it | is really back to business forjoe is really back to business forjoe biden after spending last night in a pub, he was even behind the bar at one point. it looked like he was going to pull a pint of guinness. today he is meeting the president, michael d higgins, his wife, and also the deputy prime minister. he is at the official residence to meet joe biden. and rows of soldiers as well. it has all the hallmarks of a state visit. so they are goin ....
decisions on interest rates and they put up interest rates again by 0.25%. the last time they were there was middle of they were there was middle of the financial crisis in 2008. they also say they will stay for that level for quite some time so this idea of high interest rates to say is here to stay. interest rates to say is here to sta . f , interest rates to say is here to sta . j , , . to stay. they re big picture message to stay. they re big picture message is to stay. they re big picture message is not to stay. they re big picture message is not great, - to stay. they re big picture message is not great, it i to stay. they re big picture message is not great, it is| message is not great, it is pretty bleak. they are saying things may not be as bad as had been predicted. been predicted. that s where the graphs been predicted. that s where the graphs come been predicted. that s where the graphs come in been predicted. that s where the graphs come in and ....
of the financial crisis, 2008 ish? yes. and they have said they will stay about that level for quite a while, so the idea that interest rates are here to stay is here to stay. and the big picture message is not great, it s pretty bleak, but they are kind of saying things might not be as bad as had been predicted. yes, that s where the graphs come in. we will now try and paint graphs with words, but they looked at inflation, which they do in all these reports and actually, they are now suggesting that inflation will fall faster than they predicted when they lasted this back in november. politically, that helps rishi sunak, showing his first pledge of halving inflation by the end of the year is comfortably going to be met on this trajectory. yes, and voters and lots of people will say hurrah to that. as far as the politics is concerned, there will be, as there was when he announced this, a slight scepticism about the extent to which he is actually responsible for that. it ....