It this, you can get a deterrent into place, get flights off to rwanda and people are then dissuaded from crossing the channel in small boats then in due course the cost of the Asylum System will fall and they say that if they did nothing, if they simply took this rwanda policy out of the equation, then the cost of Hotel Accommodation in any case is set to soar. Of Hotel Accommodation in any case is set to soar is set to soar. Thank you very much indeed for is set to soar. Thank you very much indeed forjoining is set to soar. Thank you very much indeed forjoining us. Its three years since two brothers from blackburn in the north of england bought supermarket giant asda. Mohsin and zuber issa made a £5 billion fortune building a global Petrol Station empire, which they stilljointly own, with a private finance company. Buying asda though has put them under a glare of publicity and scrutiny partly because of the large amount of debt they used to do it. Theyre notoriously publicity shy. B
Traders were also encouraged by new Inflation Data forjanuary that showed the smallest increase in goods and Services Prices for three years. That has added to bets that the Federal Reserve is on track to start cutting Interest Rates injune. Our north America Business correspondent Erin Delmore Reports from new york. All three of the major us Stock Indexes closed out february with a bang. The Tech Heavy Nasdaq Hit an all time high and it is the first time we have been able to say that since november 2021. Another new high for the s p 500. Both indexers enjoyed their best february high for the s p 500. Both indexers enjoyed their best february since 2015. The Dowjones Industrial Average for its part was up as well. That makes february the fourth straight month in the green for wall street and the Leap Day Boost was helped by some new Inflation Data. Well, the market today is reacting to a favourable continuation of inflation coming down in a trend towards the Federal Reserve s target.