and are earning more than ever before. let s start with oil prices, because they ve risen some 20% over the past three weeks. this time last week, prices surged after the oil cartel, opec +, decided it would reduce its combined output by 1.1 million barrels per day. crude prices climbed after the cartel s announcement, but later in the week they steadied, following the latest us and chinese economic data which suggested weaker post pandemic growth. so where are we headed? russ mould, investment research director at aj bell joins me now. i m very excited about this. you are down by the seaside in brighton but actually here today. on the bank holiday we dragged you in. what are your thoughts about oil right now? opec + is seen as this organisation by the white house is not especially helpful when it comes to our outlook for the global economy, cutting production and causing another spike in the price of oil which is very inflationary? it spike in the price of oil which is very
temperatures are expected to reach well into the 30s across southern england today a level three heat health alert has been issued for the region on what could be the hottest day of the year england has appointed its first women s health ambassador with the aim of closing the gender health gap president zelensky says ukraine is closer than ever to the eu with senior officials in brussels expected to recommend it as a formal candidate for membership later today. welcome to bbc news. this morning we re looking at the impact of the rising cost of living with the bank of england warning that the increase in the cost of everything we buy and use could hit 11% later this year. the huge rise is being driven in part by events taking place thousands of miles away in ukraine but the pinch is already being felt right here in the uk. it comes as a bbc commissioned survey suggests we re cutting back on food and travel as those price rises hit our household budgets. four thousand
And is mainly among young people. A minutes silence as the Public Inquiry into the Manchester Arena terror attack, which killed 22 people, gets underway. The worlds number one Novak Djokovic apologises for hitting an official with a ball and is disqualified from the us open. Good afternoon and welcome to bbc news. Police in birmingham have arrested a 27 year old man on suspicion of murder and seven counts of attempted murder, in connection with a series of stabbings in the city centre yesterday morning. The man was arrested in the selly oak area of the city at around 4am this morning. The attacks happened at four different locations across the city centre over 90 minutes early in the early hours. Phil mackie reports. Its 36 hours since the Emergency Services answered countless 999 calls from Birmingham City centre. During little more than an hour and a half, one person was killed and seven more were injured. West Midlands Police said they believed there had been a lone attacker and rel
This is bbc news with the latest headlines. Foreign travel to dozens of countries is possible from today without needing to self isolate for two weeks on return to the uk. Now we dont have to quarantine coming back in its a big help. We can just go out there, we can stay in the hotel, obviously taking all the precautions. As the requirement to self isolate when returning from dozens of countries is lifted, the travel industry hopes more people start booking their holidays. I am at Gatwick Airport to find out what the new travel experience will be like for passengers. Outdoor shows, team cricket, beauty treatments and tattoos are all coming back in england
in the next few days. Northern ireland is becoming the first of the uks nations to allow gyms to reopen today. In scotland people must now cover their faces when they go into shops. In hong kong, all schools are closing again after a spike in coronavirus cases. And on the 80th anniversary of the start of the battle of britain the stor
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