prices will stay high for longer. and we take a look at the biggest deal in golf, ahead of a us senate hearing into the pga liv merger. welcome to world business report. let s start here in the uk where the government is facing another big setback in its battle against inflation. new data show that average wages have risen at a record annual pace of 7.3% in the march to may period, compared with the same period last year. british headline inflation is running at 8.7%, staying higher for longer than many had forecast. and there are concerns that after 13 consecutive interest rate rises, that the bank of england could need to raise it even further to bring price rises under control. let s hear now from janet mui, head of market analysis at rbc brewin dolphin. thank you for being with us. inflation has not been coming down at the expected pace. what does this data signal about how things could pan out? good afternoon. thank you for having me. which group is still pretty strong,
ukraine s president calls the move historic . tonight with the context, former senior advisor to george w bush, ron christie. and former advisor to hillary clinton, amanda renteria. the us supreme court has upheld the right of americans to carry guns in public, striking down a century old restrictions in new york that limited the ability of people to carry weapons. the legislation required residents to prove they had proper cause to have a concealed handgun. the judges ruled that it violated the constitutional right to bear arms. the governor of new york state kathy hochul described the ruling as outrageous. this decision isn tjust reckless, it s reprehensible. it s not what new yorkers want. and we should have the right of determination of what we want to do in terms of our gun laws in our state. the federal government will not have sweeping laws to protect us, then our states and our governors have a moral responsibility to do what we can, and have laws to protect our ci
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let s hear now from janet mui, head of market analysis at rbc brewin dolphin. thank you for being with us. inflation has not been coming down at the expected pace. what does this data signal about how things could pan out? good afternoon. thank you for having me. which group is still pretty strong, but what we see is that there is actually a slight drop in there is actually a slight drop in the market data recently. for example, vacancies are going down, and in activity in that labour market is actually feeding a little bit, so fewer people are leaving the job market or retiring. is fading a bit. we looked at surveys, and it pointed to a weakening in employers s intention to hire, going forward, and their reluctance to keeping these higher wages. i think this sort of data is strong, but it could be a bit lacking, so we do think that we will eventually weaken
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