We heard that average uk wages were rising at their fastest pace in 20 years. Katharine neiss is chief european economist at pgim fixed income. Thanks very much for being with us today, katharine neiss. So clearly welcomed news that inflation has fallen to this point. Still quite far off the Bank Of Englands target, though. Is everything going to plan or as we had expected . 50. To plan or as we had expected . So, toda s to plan or as we had expected . So, todays data to plan or as we had expected . Srr, todays data are to plan or as we had expected . S57, todays data are not to plan or as we had expected . S513, todays data are not a to plan or as we had expected . Sr3, todays data are not a surprise. It is encouraging, as you say, that Headline Inflation is coming down. No doubt uk consumers will be relieved to see that Energy Prices and food Price Inflation is beginning to cool. But, that said, core inflation, that is a measure of inflation that gives us perhaps a better read on dom
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
Has been in the newspapers this morning but as far as i can tell the Equalities Minister is one of those calling for the guidance to be strengthened from original drafts who wanted to go further in restricting the ability of people at school to identify as a different gender. We have reached this place where we do not know when the government is going to do in terms of the timetable for issuing new guidance, we do not knowing exactly when it will arrive when it comes to what it should look like short despite repeated assurances including in the last few weeks when we have been asking the government about when it was coming, it has been delayed and we do not know when and tell. Voters in three constituencies across england will go to the polls tomorrow in byelections and over the next few days well be in all three seats. Over the past two days weve been in Selby And Ainsty in North Yorkshire and somerton and frome in somerset. Today were in uxbridge and South Ruislip to the west of lond
has been in the newspapers this morning but as far as i can tell the equalities minister is one of those calling for the guidance to be strengthened from original drafts who wanted to go further in restricting the ability of people at school to identify as a different gender. we have reached this place where we do not know when the government is going to do in terms of the timetable for issuing new guidance, we do not knowing exactly when it will arrive when it comes to what it should look like short despite repeated assurances including in the last few weeks when we have been asking the government about when it was coming, it has been delayed and we do not know when and tell. voters in three constituencies across england will go to the polls tomorrow in byelections and over the next few days well be in all three seats. over the past two days we ve been in selby and ainsty in north yorkshire and somerton and frome in somerset. today we re in uxbridge and south ruislip to the
toyota. it is sounding bullish and has raised its annual net profit forecast reporting strong sales in all regions. the global shortage of semiconductors has eased and the car giant says it s on course for a record net profit this financial year of $30 billion. many car makers struggled because of a global chip shortage caused by increased demand and disrupted supply chains during the covid pandemic. toyota has also faced a safety test certification scandal at one of its major subsidiaries, daihatsu, which has led to production shutdowns at several factories. joining me now is anna marie baisden head of autos & infrastructure at fitch solutions. good to see you. when you look at the facts, the numbers and projections, it is looking very strong, but you read between the lines. tell us what we need to know. i the lines. tell us what we need to know. ~ ., , , ., the lines. tell us what we need to know. ~ . , , ., to know. i think, as you said, it is very to know. i think, a