England decide what to do with Interest Rates. The current uk base rate 5. 25 . But after we found out that wages, on average, are rising at their fastest level now in 20 years, could we see another rise in september. Joining me now is kallum pickering, whos the Senior Economist at berenberg bank. With your predictions, what are you thinking you will see here today . I you thinking you will see here toda . ~ , today . I think we might be surprised today . I think we might be surprised a today . I think we might be surprised a little today . I think we might be surprised a little to today . I think we might be surprised a little to the surprised a little to the upside but it not should not make much of a difference, the Bank Of England expecting 6. 8, markets expecting 6. 7, if it came at 6. 9 i would not be surprised because Petrol Prices rose over the month but it should be a big versus last month because the energy price comes down in the monthjuly. This should be another step down i
To try and rein in soaring prices. So where is the Economy Heading . Im joined now by Salomon Fiedler whos an economist at berenberg bank. Better than expected numbers . More thanjust better than expected numbers . More than just a Coronation Weekend you alluded to, june was the strongest month. The coronation was in may. Domestic spending is relatively strong at the moment or has been in 02. Strong at the moment or has been in q2. Consumers have spent and we see that in the figures now. 02. Consumers have spent and we see that in the figures now. That in the figures now. There are concerns for that in the figures now. There are concerns for the that in the figures now. There are concerns for the longterm that in the figures now. There are| concerns for the longterm health that in the figures now. There are i concerns for the longterm health of concerns for the Long Term Health of the uk economy, what is going on there . , ,. , the uk economy, what is going on there . ,. ,. There . May
let s start in the us where some of the worlds leading money managers are warning the collapse of another american bank could lead to a credit crunch and an economic slowdown. constrained lending as a result of stricter banking regulation could stifle credit to the us economy at a critical time. we ll get an expert view on this in a moment but first here s my colleague samira hussain on the collapse of first republic. as of monday, first republic customers turning up at their bank are in fact customers ofjp morgan chase. the signs above will soon change. first republic had been under pressure since the collapse of silicon valley bank and signature bank two months earlier. last week, first republic revealed deposited had removed $100 million in the space of a few months. customers feared their money was not safe. investors became convinced that it too was about to fail. riding to the rescue of america s distressed financial system, the boss of america s biggest bank, jamie dim
Afternoon ben, it could go head to head with strictly come dancing under the terms of the new broadcast package. More details coming up. Louise has all the weather with snow showers in many some parts . Yes, plenty in the north and west, significant snow could threaten on sunday. More details in half an hour. Hello everyone this is afternoon live. Lets get the latest from brussels with david eades. Thank you. When it happened, my goodness that happened fast, talks to the matt done suddenly theresa may was in brussels talking with Jean Claude Juncker the president of the European Commission and the deal was done. That was spread from dublin to belfast, everywhere you looked, everyone had some sense of agreement that this would be good enough forJean Claude Juncker to announce that sufficient progress has now been made on three keyissues progress has now been made on three key issues of this brexit divorce to allow for future trade steel discussions to begin. It has been a tortuous proje
Wednesday 25th january. Welcome to bbc newsroom live. President trump has promised a significant day ahead on National Security, including an announcement about his plans for a wall on the Mexican Border. He tweeted big day planned on National Security tomorrow. Among many other things, we will build the wall building a 2,000 mile wall along the Mexican Border was one of trumps key election promises. Hes said the wall would cost 8 billion and will be up to a0 feet high. The new president is also expected to approve Immigration Restrictions on seven mostly muslim countries in the middle east and africa iraq, iran, libya, somalia, sudan, syria, and yemen. And trump wants to make all us cities co operate to deport Illegal Immigrants a move aimed at so called Sanctuary Cities like san francisco, where local police do not help with most deportations. Our washington correspondent david willis has more. Were going to have our borders nice and strong. Were going to build a wall. Were going to