rates to a 15 year high at 4.5% as it continues its fight against high inflation. and donald trump calls for republicans to let the us default on its debt rather than give way on biden s spending plans. hello. a warm welcome to the programme. this is world business report, i m ben thompson and we are going to start in the uk where the bank of england has raised interest rates for a 12th consecutive month. all of that as it tries to fight high inflation. uk interest rates were raised by 0.25%, while the bank said inflation would fall sharply in april but not as far or as fast as it previously thought. last month inflation slowed to 10.1% but that figure is still way above the bank of england s target. remember that target is 2%. let s speak to victorias, head of investment at interactive investor. lovely to see you. let s talk about what we have heard. first the interest rate itself because the interesting stuff is what the bank told us about what might happen next. a widely
in the uk and around the world. i m tadhg enright. we start here in the uk where a summer of strikes could get even worse in the winter as two of britain s largest trade unions have put forward motions to co ordinate future walkouts in an effort to cause maximum impact. this the latest move to build pressure on the government and companies as workers demand higher wages in the face of soaring inflation and the cost of living crisis. the summer has seen industrial action from railway workers, to dock workers through to criminal barristers. and there could be more to come as nurses and local government workers are set to make decisions in the coming weeks. joining me now is gervais williams, head of equities at premier miton investors. whenever we talk about such things, we often reference the winter of discontent from the 1970s when there were widespread strikes in the face of high inflation. could this match it? iithink i i think it s very serious, when we look at the cost of
Again but serious effort as those fijians, they are some of the hardest players individually to tackle in the world. So huge effort but that attitude and the intent doesnt change this week. That stays there again. Hopefully with less tackles and more possession this week. ,. , week. England have made Three Chances week. England have made three changes for week. England have made three changes for their week. England have made three changes for their starting week. England have made Threel Changes for their starting lineup changes for their starting line up for sundays game againstjapan. For sundays game against japan. After for sundays game againstjapan. After missing the last two matches, he makes the bench. Lewis replaces the suspended tom currie in the back row. And coming into the front row at the other two changes. Dan cole misses out entirely. Misses out entirely. There is more to come. Misses out entirely. There is more to come i misses out entirely. There is more to come. I thi
Before on wall street and a strong session in asia. If youre going on holiday, what do you do with these things, your pets . Would you let someone stay in home for free if they agree to look after your pets for you . We will speak to the man who is trying to make a business from that very idea We Wa Nt Business from that very idea we want to know how far would you relocate for work . Let us know just use the hashtag bbcbizlive. Hello and welcome to Business Live. Yes, do send in your thoughts and your questions about the stories were covering. Including staying in peoples homes looking after their pets. In a decade apple has sold more than 1. 2 billion iphones and it seems like the worlds most valuable company. It doesnt see any end to our enthusaism for one of the 21st centurys most revolutionary products. It appeared to dismiss fears of a delay to the expected september release of its latest model as it told us it made 16. 1 billion of sales in the three months from april to june. So