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Aug 14, 2024
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our business correspondent marc ashdown reports.ast couple of years, which is good news for this family—run restaurant in hove on the south coast. since it opened back in 1969, marrocco's has weathered many an economic storm, but recent years have been a struggle. it has been tricky, especially since brexit and the cost of living, the price of products have gone up quite considerably. i mean, for the ice cream, we reckon about 30% they've gone up in the past three years. we've tried to keep our prices so that it's still obtainable to a lot of people, so we've put our prices up about 15%. so we've had to absorb some of the cost. the prices of gas and electricity are largely behind this uptick in inflation, but it was widely forecast and remains close to the bank of england's long—term target of 2%. so inflation has come down a long way since that huge spike we saw at the end of 2022. injuly, prices rose at 2.2% and the bank of england expects them to stay around this rate until the end of the year. but, of course, inflation is made u
our business correspondent marc ashdown reports.ast couple of years, which is good news for this family—run restaurant in hove on the south coast. since it opened back in 1969, marrocco's has weathered many an economic storm, but recent years have been a struggle. it has been tricky, especially since brexit and the cost of living, the price of products have gone up quite considerably. i mean, for the ice cream, we reckon about 30% they've gone up in the past three years. we've tried to keep...
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Aug 3, 2024
08/24
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marc ashdown has more.is —— getting to see a live match is rare for some fans. it often starts in a social media sites. scammers typically post fake adverts, sometimes using pictures of real tickets. they convince fans to send their money by bank transfer, then the scammer and the tickets disappear into thin air. analysis by lloyds bank showed that during the last football season, there was a 32% rise in customers reporting they had fallen victim to a tickets game. arsenal and liverpool fans were the most targeted, and the average loss was £177, but some fans reported losing more than a thousand fans. younger fans losing more than a thousand fans. youngerfans aged losing more than a thousand fans. younger fans aged between 18 and 34 made up two thirds of those targeted. made up two thirds of those tare eted. , , made up two thirds of those tareeted. , , ._ made up two thirds of those targeted-— made up two thirds of those tareeted. , , ., ., ., targeted. the best way to avoid scams is targeted. the best way
marc ashdown has more.is —— getting to see a live match is rare for some fans. it often starts in a social media sites. scammers typically post fake adverts, sometimes using pictures of real tickets. they convince fans to send their money by bank transfer, then the scammer and the tickets disappear into thin air. analysis by lloyds bank showed that during the last football season, there was a 32% rise in customers reporting they had fallen victim to a tickets game. arsenal and liverpool...
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Aug 14, 2024
08/24
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our business correspondent, marc ashdown, reports. the pace of price rises has cooled off over the past couple of years, which is good news for this family—run restaurant in hove on the south coast. since it opened back in 1969, marrocco�*s has weathered many an economic storm, but recent years have been a struggle. it has been tricky, especially since brexit and the cost of living, the price of products have gone up quite considerably. i mean, for the ice cream, we reckon about 30% they've gone up in the past three years. we've tried to keep our prices so that it's still obtainable to a lot of people, so we've put our prices up about 15%. so we've had to absorb some of the cost. the prices of gas and electricity are largely behind this uptick in inflation, but it was widely forecast and remains close to the bank of england's long—term target of 2%. so inflation has come down a long way since that huge spike we saw at the end of 2022. injuly, prices rose at 2.2% and the bank of england expects them to stay around this rate until the e
our business correspondent, marc ashdown, reports. the pace of price rises has cooled off over the past couple of years, which is good news for this family—run restaurant in hove on the south coast. since it opened back in 1969, marrocco�*s has weathered many an economic storm, but recent years have been a struggle. it has been tricky, especially since brexit and the cost of living, the price of products have gone up quite considerably. i mean, for the ice cream, we reckon about 30% they've...
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Aug 14, 2024
08/24
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let's speak to our business correspondent marc ashdown.ise, predicted, back in october 2020 this is not a big surprise, predicted, back in 0ctober202011%, we are not back into that territory now, the consensus was for the price rises to go up at 2.3% injuly, it has been rising at 2.2%, lower than we thought. couple of big factors, the huge energy bills, the cost of gas and electricity and food in the supermarkets, as those figures work their way through and prices come down, inflation starts to ease. the bank of england once 2% inflation, this is the first time in a couple of months above target. going up in a gentle little trend towards the end of the year. downward pressures, things like the energy bills continue to cause upward pressure, also the national minimum wage going up, going to the bosses and asking for pay rises. 0n the flip side, food inflation was running a 19%, it is now below the target at 1.5%, good news for the weekly shop. the big question, what impact on interest rates, the big lever to tame inflation the bankers. core
let's speak to our business correspondent marc ashdown.ise, predicted, back in october 2020 this is not a big surprise, predicted, back in 0ctober202011%, we are not back into that territory now, the consensus was for the price rises to go up at 2.3% injuly, it has been rising at 2.2%, lower than we thought. couple of big factors, the huge energy bills, the cost of gas and electricity and food in the supermarkets, as those figures work their way through and prices come down, inflation starts to...
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Aug 3, 2024
08/24
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here's our business correspondent marc ashdown. the football season is about to kick off.o see a live match is rare for some fans. and last season, more and more supporters fell victim to ruthless ticket scammers. it often starts here, a social media site like facebook or x. scammers typically post fake adverts, sometimes using pictures of real tickets. they convince fans to send them money via bank transfer, then the scammer and the tickets disappear into thin air. analysis by lloyds bank showed that during the last football season, there was a 32% rise in customers reporting they had fallen victim to a ticket scam. arsenal and liverpool fans were the most targeted and the average loss was £177, but some fans reported losing more than £1,000. younger fans aged between 18 and 3a made up two thirds of those targeted. the best way to avoid these scams is to go through official channels. most of the clubs now will have ticket exchanges where season ticket holders you can't make the game will sell their tickets. these are much more reliable. if you're considering using another
here's our business correspondent marc ashdown. the football season is about to kick off.o see a live match is rare for some fans. and last season, more and more supporters fell victim to ruthless ticket scammers. it often starts here, a social media site like facebook or x. scammers typically post fake adverts, sometimes using pictures of real tickets. they convince fans to send them money via bank transfer, then the scammer and the tickets disappear into thin air. analysis by lloyds bank...
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Aug 15, 2024
08/24
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but it is growth, in fact the biggest expansion in over two years as marc ashdown reports.ootball didn't quite make it home again but euros give uk june gdp figure a gentle kick in the right direction. gross domestic product is a measure of all the economic activity of company governments and people in the country. one of major sporting entertainment events with seasonal son or downpour can affect how productive we are month—to—month. after big quick update on employment and and inflation, the latest monthly and quarterly meetings give another indication of where the economy is heading. the economic story that continues to be one of recovery after the uk teaching to your brief but shallow recession at the end of last year, two consecutive quarters of growth will be welcomed even if some months may prove to be bumpier than others. given the historical and will in part depend on small enterprises, being able to dive, like carrieton who up a steadyjob to grow her passion into a business venture. she has two stores. $5 business venture. she has two stores. �* , . , . business v
but it is growth, in fact the biggest expansion in over two years as marc ashdown reports.ootball didn't quite make it home again but euros give uk june gdp figure a gentle kick in the right direction. gross domestic product is a measure of all the economic activity of company governments and people in the country. one of major sporting entertainment events with seasonal son or downpour can affect how productive we are month—to—month. after big quick update on employment and and inflation,...
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Aug 14, 2024
08/24
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here's our business correspondent, marc ashdown. first off, this is not a big surprise.d. if you cast your mind back to those days where we saw inflation rising and rising and rising, topping off at 11% back in october 2022. we're not back into that territory now. analysts, the consensus was for the price of rises to be going up at 2.3% injuly. it actually has been rising at 2.2%, so a little bit lower than we thought. there's a couple of big factors at play here. it's things like those huge energy bills. remember, the cost of gas and electricity. also the cost of food in the supermarkets, as well. as those figures start to work their way through and the prices start to come down, inflation starts to ease. now, the bank of england wants inflation to be at 2%, so this is the first time in a couple of months it's been above its target, and it is predicting it to sort of go up on a gentle little trend until the end of the year. but as i say, there's certain factors at play here. they talk about upwards and downwards pressures, things like those energy bills. they continue t
here's our business correspondent, marc ashdown. first off, this is not a big surprise.d. if you cast your mind back to those days where we saw inflation rising and rising and rising, topping off at 11% back in october 2022. we're not back into that territory now. analysts, the consensus was for the price of rises to be going up at 2.3% injuly. it actually has been rising at 2.2%, so a little bit lower than we thought. there's a couple of big factors at play here. it's things like those huge...
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Aug 15, 2024
08/24
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but it is growth, in fact the biggest expansion in over two years as marc ashdown reports.rection. gross domestic product is a measure of all the economic activity of company governments and people in the country. one of major sporting
but it is growth, in fact the biggest expansion in over two years as marc ashdown reports.rection. gross domestic product is a measure of all the economic activity of company governments and people in the country. one of major sporting
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Aug 15, 2024
08/24
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earlier, our business correspondent marc ashdown, gave us his assesment i think muted celebration ascorks, but this is certainly a story of recovery. gdp of course, gross domestic product the technical term. it's the measure of all economic activity in a country. so everything added up from companies, governments and individual people split into different areas like manufacturing, construction and of course services, a huge part of the economy. now, we get a reading month to month, but crucially, we also get quarterly readings. so four times a year we get a quarterly reading. and if ijust show you this behind me here, if you have a look at this screen, this will show you. can you see that? the back end of last year. look, those two quarters there. that is a technical recession. if you have two consecutive quarters of negative growth — we were in recession back end of last year. but look at how we've bounced back out of it. look, 0.7% between january and march. and in the other quarterjust recorded up tojune. look, 0.6% growth. so definitely a story of recovery, the economy heading ba
earlier, our business correspondent marc ashdown, gave us his assesment i think muted celebration ascorks, but this is certainly a story of recovery. gdp of course, gross domestic product the technical term. it's the measure of all economic activity in a country. so everything added up from companies, governments and individual people split into different areas like manufacturing, construction and of course services, a huge part of the economy. now, we get a reading month to month, but...
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Aug 14, 2024
08/24
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our business correspondent, marc ashdown, reports.uth coast. since it opened back in 1969, marrocco's has weathered many an economic storm, but recent years have been a struggle.
our business correspondent, marc ashdown, reports.uth coast. since it opened back in 1969, marrocco's has weathered many an economic storm, but recent years have been a struggle.
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Aug 15, 2024
08/24
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certainly fixed from a calendar point of view within that timeframe, our business correspondent marc ashdown muted celebration as we _ underlying momentum? well, i think muted celebration as we heard - underlying momentum? well, i think muted celebration as we heard from| muted celebration as we heard from the treasury, they are not popping any champagne. this is certainly a story of recovery, gdp, gross domestic product would be the technical term. domestic product would be the technicalterm. it domestic product would be the technical term. it is the measure of all economic activity in a country, everything adding up from companies, governments and individual people split into different areas like manufacturing construction and of course service is a huge part of the economy. we get a reading month to month but crucially we also get quarterly readings. four times a year we get a quarterly reading. if ijust read this behind me... look at the screen. this will show you, do you see that? back end of last year. those two quarters they are, 0.1 and 0.3. that is a technical recession. if you have
certainly fixed from a calendar point of view within that timeframe, our business correspondent marc ashdown muted celebration as we _ underlying momentum? well, i think muted celebration as we heard - underlying momentum? well, i think muted celebration as we heard from| muted celebration as we heard from the treasury, they are not popping any champagne. this is certainly a story of recovery, gdp, gross domestic product would be the technical term. domestic product would be the technicalterm....
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Aug 3, 2024
08/24
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marc ashdown, bbc news. it is 6:16am.eyes # i don't wanna to fall asleep #'cause i'd miss you, baby # and i don't wanna miss a thing... known for classics including i don't want to miss a thing and love in an elevator, aerosmith won four grammys during their career. the group said their singer steven tyler's voice couldn't recover because of damaged vocal chords and despite the best medical team, 76—year—old tyler had made the difficult but necessary decision. 76! they had no idea he was that age. 76! they had no idea he was that ace. , 76! they had no idea he was that a a e. , ., 76! they had no idea he was that ace. , ., , ., , 76! they had no idea he was that ae. , ., , ., ., age. did i hear you singing along there, rachel? _ age. did i hear you singing along there, rachel? did _ age. did i hear you singing along there, rachel? did i— age. did i hear you singing along there, rachel? did i heard - age. did i hear you singing along there, rachel? did i heard that?j age. did i hear you singing alongl there, rachel? did i
marc ashdown, bbc news. it is 6:16am.eyes # i don't wanna to fall asleep #'cause i'd miss you, baby # and i don't wanna miss a thing... known for classics including i don't want to miss a thing and love in an elevator, aerosmith won four grammys during their career. the group said their singer steven tyler's voice couldn't recover because of damaged vocal chords and despite the best medical team, 76—year—old tyler had made the difficult but necessary decision. 76! they had no idea he was...
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Aug 15, 2024
08/24
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our business correspondent marc ashdown reports.all didn't quite make it home — again — but the euros certainly gave the uk'sjune gdp figure a gentle kick in the right direction. gross domestic product is a measure of all the economic activity of companies, governments and people in a country. and one—off major sporting or entertainment events, along with seasonal sun or downpours, can affect how productive we all are from month to month. after a big week of data on employment and inflation, the latest monthly and quarterly readings give yet another indication of where the economy is heading. the economic story then continues to be one of recovery after the uk tipped into a brief—but—shallow recession at the end of last year. two consecutive quarters of growth will be welcomed, even if some months may prove to be bumpier than others. keeping that story going will in part depend on smaller enterprises being able to thrive, like carrie anne, who gave up a steadyjob to turn her passion for alternative fashion into a business venture. s
our business correspondent marc ashdown reports.all didn't quite make it home — again — but the euros certainly gave the uk'sjune gdp figure a gentle kick in the right direction. gross domestic product is a measure of all the economic activity of companies, governments and people in a country. and one—off major sporting or entertainment events, along with seasonal sun or downpours, can affect how productive we all are from month to month. after a big week of data on employment and...
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Aug 15, 2024
08/24
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our business correspondent marc ashdown reports.ros certainly gave the uk'sjune gdp figure a gentle kick in the right direction. gross domestic product is a measure of all the economic activity of companies, governments and people in a country. and one off major sporting or entertainment events, along with seasonal sun or downpours, can affect how productive we all are from month to month. after a big week of data on employment and inflation, the latest monthly and quarterly readings give yet another indication of where the economy is heading. the economic story then continues to be one of recovery after the uk tipped into a brief—but—shallow recession at the end of last year. two consecutive quarters of growth will be welcomed, even if some months may prove to be bumpier than others. keeping that story going will in part depend on smaller enterprises being able to thrive, like carrie ann, who gave up a steadyjob to turn her passion for alternative fashion into a business venture. she's now got two stalls based in redbrick, an indoo
our business correspondent marc ashdown reports.ros certainly gave the uk'sjune gdp figure a gentle kick in the right direction. gross domestic product is a measure of all the economic activity of companies, governments and people in a country. and one off major sporting or entertainment events, along with seasonal sun or downpours, can affect how productive we all are from month to month. after a big week of data on employment and inflation, the latest monthly and quarterly readings give yet...