the slowdown in the factory of the world is deepening. and boeing awaits an inquest into the deaths of three british passengers who died in a 737 max crash. we start in china where the latest inflation figures have shown an alarming drop in factory gate prices that s the price of goods as they leave chinese factories. they ve fallen at the fastest pace in more than seven and a half years. it s the ninth month in a row that the producer price index has fallen, down 5.4% from a year earlier, marking the steepest decline since december 2015, as the difficult post covid recovery continues to weigh on demand. so that s changed the picture on the factory floor when it comes to what consumers are facing when buying goods and services, the consumer price index was unchanged year on year, compared with a slight gain in may, the slowest pace since february 2021. the us treasury secretary janet yellen has just left beijing following a four day visit in an attempt to bridge us china tr
griff: hour two, here we go, i m griff jenkins. aiming to keep the focus on the latest jobs report amid the fallout. lucas tomlinson is live on the north lawn with the latest. reporter: good afternoon. all week the white house has refused to rule out the biden family from its list of suspects of who brought cocaine into the white house. white house press secretary karine jean-pierre even called it irresponsible to even can th. earlier you had a former justice department attorney asking the question that many americans are asking today. she s the one that s irresponsible in not giving a direct answer. it s very simple to come out and say no member of the biden family had anything to do with this cocaine, and the white house intends to insure that whatever staff member or guest put this cocaine in the white house is fully prosecuted under the law. we ve not heard that from the white house press office, and you have to wonder, why not? reporter: there s the question. now,
interest payments some of which are linked to inflation. let s get this in perspective though the uk s national debt is at record levels. it owes £2.69 trillion. that is almost the size of the uk economy the so called debt to gdp ratio is around 97.7%. that is a useful guide to how affordable the debt is for a country. the chancellor has pledged to get that ratio down. the uk s far better off than some of its neighbours though italy s debt to gdp is around 140%. but if we look at germany s that s is only around 65%. but if we look at germany s that s only around 65%. staying in the uk where aside from talk of potential tax cuts there are stark warnings that 2 million people could have their gas and electricity cut off this winter because they can t afford to top up their prepayment meter. that comes from the charity the citizens advice bureau as cost of living pressure continue to bite for many. joining me now is the report author alex belsham harris en
this is it, the official kickoff for the 2024 battle for the white house, and one state has the first shot at shaping the race. it s decision time in the bitter cold heartland. iowa has a huge, huge role to play here. this starts here. there is no way iowa is voting against trump. the first votes in a presidential contest that is testing american democracy in extraordinary ways. are you ready? will the former president and unprecedented legal peril get one step closer to a white house comeback? 2024 is our final battle. it s iowa s choice. tonight, after months of anticipation, the republican race gets real. donald trump aiming to drive home his dominance over his gop rivals. we got to be sure that we put this thing away. ron desantis and nikki haley. our best days are yet to come. engaging in a heated showdown to be the top alternative to trump. nikki haley is running on her donors issues. i m the only one running on your issues. he is going to
including pensions according to the think tank, the high pay centre. that s equivalent to wait for it £1,170 an hour 109 times the average worker whose median annual salary isjust under £35,000. chris roebuck is a global leadership expert who has worked in major organisations assessing senior leaders performance. i asked him if these huge payouts are justified. we will come back to that in a moment. but essentially he told me a little bit more about the talent poaching that the city had to be careful of unless they paid the ceos competitive salaries. this is what he told me. well, i think you need to ask the question. lobbyists are saying, yes, they are justified because we need to attract the best ceos to the uk or to keep them here. but, actually, this is not consistent across the world. if you look at some of the data on that ratio. if you say, if we re at 200, the us is at 270, but funnily enough german is only at 136, so the ratio of germany ceo play to empl