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BBCNEWS World Business Report July 6, 2024

we start here in the uk where investors are now betting the cost of borrowing will have to keep rising because inflation remains stubbornly high. that s despite a pledge by the government to bring it down, and a barrage of interest rate rises by the bank of england attempting to get it under control. just a few weeks ago, we were assuming that after 11 increases in a row, the bank would not have to raise rates much further. but on wednesday, there was a major rethink on financial markets, which are now pricing in three more rises this year, with rates hitting 5%. here s why. prices in the uk are still rising much too fast, with inflation at 10.1% in the year to march. that s a bit less than the 10.4% recorded in in february, but was still much higher than expected. economists were predicting inflation would fall into single figures. one of the biggest factors the soaring cost of food and drink. it s up over 19% in the past year. it s the fastest rise in 45 years a ....

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BBCNEWS BBC News At One May 3, 2017

And why the uks last Killer Whales are under threat. And coming up in the sport on bbc news. After announcing her retirement, 11 time british javelin champion Goldie Sayers says she leaves athletics feeling a deep sense of injustice. Good afternoon and welcome to the bbc news at one. The European Unions Chief Brexit Negotiator has been setting out his priorities for the talks, warning that they will be complex and not painless. Michel barnier insisted that the uk would not be punished for leaving but said that the accounts had to be settled. It came after reports that the uk could be asked to pay up to 100 Billion Euros to leave the eu. Mr barnier said the top priority was to establish the rights of ....

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FTSE 100 Closes Monday Down on Quiet Trade Dragged by Banks, Burberry Slips

The FTSE 100 index closed Monday down 0.4% at 7594 points, in line with European peers and mainly dragged by financial stocks and retailers in a volume-light day as U.S. markets were closed for. ....

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FTSE 100 Closes Monday Down on Quiet Trade Dragged by Banks, Burberry Slips

FTSE 100 Closes Monday Down on Quiet Trade Dragged by Banks, Burberry Slips
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

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The FTSE 100 Closed Down Despite the Bank of England Leaving Rates Unchanged

The FTSE 100 closed down 0.7% despite the short-lived boost stocks enjoyed after the Bank of England voted to keep its key interest rate unchanged at 5.25%, ending a run of 14 consecutive rises.. ....

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