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BBCNEWS World July 5, 2024



as the difficult post covid recovery continues to weigh on demand. so that s the picture on the factory floor when it comes to what consumers are facing when buying goods and services the consumer price index was unchanged year on year, compared with a slight gain in may, the slowest pace since february 2021. the us treasury secretary janet yellen has just left beijing following a four day visit in an attempt to bridge us china trade relations. she told reporters just before leaving china that despite significant disagreements, the relationship between both countries was moving towards a surer footing. my my purpose is to make sure that we do not engage in a series of unintended escalatory actions. that will be harmful to our overall economic relationship. with one another. and we have had very little contact, both senior officials and also just the american people and the chinese people, have had very little contact with one another over the last several years. in ....

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BBCNEWS World Business Report July 6, 2024



let s start here in the uk, where, in a few hours time, the chancellorjeremy hunt will unveil his first budget, where he will outline the government s big decisions on spending, and plans for raising or lowering taxes. among the measures he s expected to unveil is a significant expansion of free childcare provision. it s part of a strategy to get more people back to work, given the shortage of staff in some key sectors. the chancellor is also expected to announce a rise in the tax free limit for pension contributions, to encourage people to stay in work for longer. the latest economic figures underline the challenge facing the government, as well as the pressure on household and business budgets. here s our economics editor faisal islam. it is back to work budget, that s a promise, and it was centre on one of the biggest ever expansions of childcare for england with equivalent funding for other nations. parents of one and two year olds will get the same 30 hours of sup ....

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BBCNEWS BBC News at Six July 7, 2024



with the rates now we re a lot more hesitant. the other main story tonight: at least one of the people killed in the manchester arena bombing could have been saved if the emergency services had arrived sooner says a highly critical report. gunfire pakistan s former prime minister, imran khan, survives a gun attack during a protest march. we know what you whisper. and we ll be on the red carpet, as the eagerly awaited black panther sequel arrives in the uk. the effect of the cost of living crisis on both those participating in sport. good evening. the bank of england has announced the bigget single hike in interest rates since 1989, as it tries to dampen down soaring inflation. it has raised rates from 2.25% to 3% and predicted that the uk is heading into a recession that could last until at least the middle of 202a. it would be the longest recession since records began a century ago and the less well off will be hardest hit. the bank s governor, andrew bailey, also ....

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BBCNEWS Sportsday July 7, 2024



east quite quickly, with some showers coming into the north and west, but compared with this week, really it day. with temperatures back down to what they should be at this time of year. does it last? no. the weekend brings in this low pressure which is the remnants of storm martin which will bring wet and windy weather at times to us as well as some rather large waves on saturday night into sunday. saturday brings another land of rain eastwards, slowing down as it approaches the south and east. brighter weather following on behind. temperatures about average. because it is bonfire evening. are we going to get any dry weather? probably, between our weather front which is starting to clear away and the next a group of showers coming in. a rather unsettled picture this weekend, some large waves on saturday night and into sunday and some rather large amounts of rainfall potentially in the south and east once again. we will keep an eye on that. and that is it from the bbc n ....

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BBCNEWS BBC July 3, 2024

Voted, last time just one of them voted, last time just one of them voted for a cut in Interest Rates. If we start to see other members of that committee moving towards a cut, a cut later in the year becomes increasingly likely. We will also get detail from the Bank Of England about what they think they is happening to economy right now to stop your running at the detail there that the main concern for them is inflation. It has been sky high over recent months and it is now starting to come down. 3. 2 is where it currently is but it is still above the Bank Of England a target of 2 . What they will be looking out at what point will be inflation, thats a measure of how quickly prices are rising, at what point will that come in line with their forecast and therefore they can start to afford to cut
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