You expecting . I think there will be a rate rise and everyone you expecting . I think there will be a rate rise and everyone is a rate rise and everyone is expecting 0. 25 from the bank today. The challenge it has is that its looking at what inflation has already done and we know Interest Rate rises take quite a while to filter through. Rate rises take quite a while to filterthrough. Is rate rises take quite a while to filter through. Is any danger here that rates go too high and therefore strangle the economic recovery . There is always a risk when putting Interest Rates up, its a really hard job to do. To know that when youre putting your foot on the accelerator that is going to do the right thing because there are lots of lags in how long it takes. In general, you get the sense of the Bank Of England and the message, they are more concerned about doing nothing, they feel that they can dial back on that a little bit more than letting inflation continue to persist. Obviously, the ris
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good thing. on the other side, the public spending should help, for the moment taxes have increased because clearly after the election, president erdogan is moving into a less, trying to restore public finances a bit. less, trying to restore public finances a bit. ., ~ , ., , . to asia now, and india s government is reviewing its atomic energy law to allow private participation in the country s nuclear power sector. the information was revealed during parliamentary questions by the country s federal atomic energy minister. our india business correspondent has more from mumbai. well, this is essentially being considered with an aim to develop small modular reactors, which can help india reduce its dependence on fossilfuels quicker. now, these are typically reactors that generate about 300 megawatts of power. right now in india, private players