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Now playing Next Economy Bank of England keeps rate on hold: Investors betting on August cut The Bank of England kept the Bank Rate at 5.25% in June, with two MPC members favouring a 0.25% cut. Inflation rate hit the 2% target in May, yet policymakers continue to advise caution to interest rate cuts. 20/06/2024
Now playing Next Business Boeing: Crash victim relatives demand charges and billion-dollar fine A total of 346 people died in two Boeing 737 Max crashes. Their relatives are calling for a $24.8 billion fine on the company, saying what happened was "the deadliest corporate crime in US history". 20/06/2024
Now playing Next Economy Krone rises as Norway holds firm over interest rate decision Unlike its counterparts for Sweden, Switzerland and the euro zone, Norges Bank is holding back on interest rate cuts. 20/06/2024
Now playing Next Economy German wholesale inflation continues to drop on energy price falls Falling natural gas and electricity prices were the main contributors to May’s figure, as well as the declining cost of intermediate goods. 20/06/2024
Now playing Next Europe News EU agrees new sanctions on Russia, targeting LNG for the first time Belgium, France and Spain are the main entry points for Russian LNG. 20/06/2024
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