and northern ireland. we started the day with rather grey and cloudy skies, like these. and the rain that we had that started on thursday lasted into the first part of friday morning, bringing about a third of a month s worth of rain in places, so it was really quite a wet spell of weather. even as that cleared, there were just one or two showers that followed through through the afternoon, but generally, the weather at least did turn brighter. further south across england, wales, different story lots of sunshine, both morning and afternoon, and blue, sunny skies like these in eastbourne were really commonplace. it was also a hot day across parts of eastern england. that s where we had the highest temperatures, with highs hitting the 30 degree mark in london s st james s park, but 28 there for hull and for cambridge as well. overnight tonight, we ll keep those dry weather conditions going for the vast majority of the uk. it s a night where, well, it s going to be quite warm, really,
of what is feeding a lot rising prices. of course what is feeding a lot rising prices. of course governments have not been of course governments have not been -ood of course governments have not been good at of course governments have not been good at clamping down on that and the governments that have been good for example spain, with a hype but price for example spain, with a hype but price controls but they have cap increases price controls but they have cap increases have got much lower inflation increases have got much lower inflation because that is a way to tackle inflation because that is a way to tackle what is corporate profiteering driving inflation at the moment. profiteering driving inflation at the moment. , . ., the moment. very much the debate of the moment. very much the debate of the da . the moment. very much the debate of the day- thank the moment. very much the debate of the day. thank you the moment. very much the debate of the day. thank you to
that is what is happening here for stuff that happened over spending at a particular time with covid, all of these things coming to an end. it is a direct result of overspending and that ultimately led to a flux of a lot of money being spent at a fast pace. we still have not cooled down. think, we have not cooled down inflation after a two years to focus here and which hauled it transitional when it first started. so no one has real control over this. the spending, people think the spending will continue and inflation rates, will go down and interest rates, will go down and interest rates will go back down from are far from that conversation. i think it is an election year so you are was far from is an election year so you are was farfrom back in position to is an election year so you are was far from back in position to stop people seeing echoes of that here in the uk. , ., ., the uk. there is a feeling out there in resect the uk. there is a feeling out there in respect to the uk. t
immigration. all of the structural issues coming to a head at a very difficult and challenging time. in difficult and challenging time. in the uk there are all sorts of indicators that were the government. the latest is the slowdown in the housing sector. house prices have fallen at their fastest rate in 12 years, according to the halifax, while mortgages continue to rise. the annual fall was 2.6%. that s equal to £7,500 being wiped off the average uk house price. you see again another effect on the uk economy. do you think that the housing market is still an indicator about how the economy is performing? i do not think it is. because a lot of the i do not think it is. because a lot of the period that the uk economy was stagnant over the last 13 years actually was stagnant over the last 13 years actually of was stagnant over the last 13 years actually of the housing market has been actually of the housing market has been booming. for instance, laster, house been booming. for
truly affordable. i need to be in order to make housing truly affordable. truly affordable. i guess the point i am truly affordable. i guess the point i am making truly affordable. i guess the point i am making is truly affordable. i guess the point i am making is that truly affordable. i guess the point i am making is that all truly affordable. i guess the point i am making is that all of - truly affordable. i guess the point i am making is that all of this - truly affordable. i guess the point i am making is that all of this is i i am making is that all of this is interconnected and there are a lot of people out there who are questioning the interest rate policy. many countries are in stagnation. the inflation is large been driven by energy prices and supply constraints. they have put financial, created financial problems for government. do you look at what is happening in the us and uk and think the interest policy is right now? it uk and think the interest policy is riaht n