we start today with the problem staring at us every time we go to the shops and look at our bank balance: the cost of living crisis. today we ll get the latest estimate of inflation here in the uk for the month of may. we ll go back to april to set the scene: inflation that month was running at 9%, the highest rate here in the uk for a0 years. looking into the future, the bank of england has warned inflation might exceed 11% later this year as the prices of fuel and food put pressure on household budgets. the response by the bank of england has been to raise the cost of borrowing. rates have recently been increased from 1% to 1.25%, the fifth consecutive rise, pushing them to the highest level in 13 years. our business correspondent, emma simpson, has been speaking to the chairman of the supermarket chain asda, lord stuart rose he told her that his customers have been cutting back on their shopping. if you haven t got the money, i cannot eat. iii if you haven t got the mon
and after a break of three years, glastonbury opens its gates to festivalgoers this morning. good morning for the tower of london. we are here for the super bloom display in order of the platinumjubilee. sunny, dry bloom display in order of the platinum jubilee. sunny, dry and platinumjubilee. sunny, dry and warm platinum jubilee. sunny, dry and warm foremost, platinumjubilee. sunny, dry and warm foremost, more platinum jubilee. sunny, dry and warm foremost, more clout in the north and west. it s wednesday the 22nd ofjune. our main story. the uk s rate of inflation is expected to rise once again when the latest figures are released this morning. in april, inflation rose to 9%, its highest in a0 years, as the increasing costs of energy, fuel and food continues to squeeze household budgets. our business correspondent emma simpson reports. if i haven t got the money, i can t eat. you see lots of things that are on cheap, we buy them and freeze them. definitely shopping around, l
Its thursday 19 january. Im annita mcveigh. Welcome to bbc Newsroom Live. Several people have been killed and many are missing after a hotel was hit by an avalanche in Central Italy. Up to 30 guests and staff we re italy. Up to 30 guests and staff were in the Rigopiano Hotel in the abruzzo region at the time. A major Rescue Operation is underway. Frankie mccamley reports. Buried in snow, barely visible, this is the hotel hit by last nights avalanche. Inside the extent of the damage is becoming clear. What looks like a Reception Leading to corridors now unrecognisable, full of snow and debris. Up to 20 people we re of snow and debris. Up to 20 people were staying in the hotel Rigopiano Hotel along with Seven Members of staff, but bad weather meant a difficult overnight Rescue Operation. Translation the hotel was reached at 4 30am By Courageous Men who faced up variable situations. They saved two people, they are working to bring the means of transport that are difficult to bring. On ski
Round the world challenge. Holding off a late challenge from britains alex thomson. Good afternoon and welcome to the bbc news at one. Theresa may has outlined her vision of a truly Global Britain during an address to Business Leaders at the World Economic forum in davos. The Prime Minister said the uk was facing a period of momentous change and must forge a new role in the world. She said the road ahead would be uncertain at times but britain sought to become even more global and internationalist. And mrs may had a warning for bosses whose companies have a global reach, telling them not to forget their responsibilities to communities. Our Business Editor simon jack sent this report. Voiceover theresa may stepped out to face the global elite she has been so scathing about. And audience she acknowledged was still struggling to understand the referendum result. I know that this, and the other reasons britain took such a decision is not always well understood internationally. Particularly