Now playing Next Economy UK shakes off recession with 0.6% GDP growth in first quarter In a pre-election boost for Prime Minister Rishi Sunak, national output surpasses analysts’ expectations. 10/05/2024
Now playing Next Markets Weekly markets round-up: Optimism high on interest rate cut hopes Major European indices have notched up all-time highs, with the FTSE 100 reaching a fresh record following signals from the Bank of England (BoE) indicating an impending rate cut. 10/05/2024
Now playing Next Economy BoE holds rates steady, sees inflation below target in two years The Bank of England maintained interest rates at 5.25%, in a split decision with two members dissenting. Governor Andrew Bailey indicated it's premature to reduce rates. New forecasts project that price pressures will fall below the target within two years. 09/05/2024
Now playing Next Senegal Boeing skids off runway at Senegal airport, injuring at least 10 At least 10 people were reportedly injured on the Air Sénégal flight headed to Bamako. 09/05/2024
Now playing Next Business Boeing faces new probe over reports workers faked inspections The US regulator has launched an investigation into Boeing after the firm reported that workers falsified inspection records on some 787 planes. 07/05/2024
Now playing Next Space Abandoned liftoff means Boeing's first space foray stays earthbound Boeing called off its first attempted launch ferrying two NASA test astronauts to the ISS because of a valve problem on its Starliner capsule. 07/05/2024
Now playing Next Space Boeing set to launch its first human spaceflight after years of delay Boeing’s new Starliner capsule will launch NASA astronauts Butch Wilmore and Suni Williams to the International Space Station on May 6 local time. 06/05/2024
Now playing Next Business Ahead in the Markets: The BoE's rate decision, UBS, and ARM earnings This week, all eyes will be on the Bank of England's (BoE) rate decision, along with the release of quarterly earnings reports from major companies including UBS and BP. These events will provide crucial insights into the market trajectory and investor sentiment. 06/05/2024
Now playing Next Space Astronauts prepare for arrival of Boeing's Starliner at space station Boeing is due to launch the company’s first-ever crewed mission next week. 03/05/2024
Now playing Next Business Boeing announces million-dollar losses after series of safety scandals The aircraft manufacturer beats Wall Street expectations but still finds itself in crisis mode after a mid-flight cabin panel blowout in January. 24/04/2024
Now playing Next Economy UK inflation drops to two and a half year low as food prices cool Stabilising food inflation and falling house prices both contributed to UK inflation coming down further in March, leading to renewed hopes that the Bank of England might cut rates soon. 17/04/2024
Now playing Next Markets Gold continues price surge as investors monitor Middle East tensions Gold prices have touched a new record high, as tensions between Iran and Israel intensify, leading to more safe haven asset purchasing. 11/04/2024
Now playing Next Business Boeing falls behind with plane supplies as Airbus picks up speed Aircraft deliveries from Boeing fall to their lowest level since mid-2021 while Airbus records a quarterly jump for the same period. 10/04/2024
Now playing Next Economy UK consumers struggle with bills despite easing housing costs Housing costs are well past last summer’s peak, although affordability issues continue to hamper the UK market. 10/04/2024
Now playing Next Economy UK house prices fall after five months of consecutive growth A delayed timeline for interest rate cuts has pushed up mortgage costs, holding back buyer demand. 05/04/2024
Now playing Next Economy Market Round-Up: Best quarter in a year for European markets Global stock markets remained on an upbeat trajectory in March, with the European stock markets particularly robust in the first quarter. Banking and Energy stocks shone, outpacing the technology sector in March. 29/03/2024
Now playing Next Business Boeing CEO to depart after five turbulent years for company Boeing's reputation has been rocked by plane crashes and manufacturing defects since 2018. 25/03/2024
