government. the government wants things to be moving faster. in terms of what has been promised, the headline figure is £10 billion. that is a proposed figure at the moment, it does have to be approved by the water regulator and if it is approved, it will mean, as i mentioned in that report, a series of measures improving the pipe network, increasing the capacity of sewage treatment plants and more sewage treatment plants and more sewage can be treated and a series of other measures. there will be, if it is approved, that £10 billion of investment running up to 2030. i think we should all bear in mind when they talk about investing £10 billion, effectively, that is £10 billion, effectively, that is £10 billion of our money in future bills. that money will be borrowed and we will have to pay it back incrementally over several years. to fix this huge problem across the uk
are ready to witness history again. with new creations on display and new friendships are formed. you re live with bbc news. time for a look at the business news now. ben? thank you. we start in europe where s there renewed concern about inflation. the rate of prices increases has accelerated for the first time since november blamed on the rising cost of food, alcohol and tobacco. here s how the numbers stack up. the headline figure for inflation came in at 7% for april that s up 0.1% compared to march. but if you strip out the cost of food and energy because they re often so volatile, so called core inflation fell slightly to 7.3%. that volatility has been caused, in large part, by the war in ukraine. however it s still way above the european central bank s 2% target for inflation over
in order to create what is described as a period of calm, the national education union has agreed to not announce any further strike days in the next two weeks, to allow a bit of a pause in which detox can take place. remind us what teachers are looking for in terms of their pay offer, alongside those issues around conditions, workload, etc. this year in england most teachers will have received a 5% pay offer which the unions are pointing out is way below the cost of living increases we are seeing. the proposal for the government for next year is 3.5% overall and when you break that down, that is 3% for most teachers and an increase in the starting salary for new teachers up to 30,000. so that headline figure of 3.5, where the other public sector discussion started, is below the sort of 5% where we are seeing for example settlement with the health unions. as we have just discussed,
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prepared to provide to ukraine. you have seen what they have called for, what was not delivered today. those will be the big questions coming out of two dueling speeches tomorrow night. it will be a remarkable split screen. so glad you are there in warsaw covering all this for us. we want to bring back jim sciutto. how does this latest round of what $500 million in assistance fits in the with the billions already provided? let s look at the headline figure. so far close to $30 billion, it is a big headline figure. but when you place in the context of the overall u.s. defense budget in 2023, $816 billion, that means the aid to ukraine. we re speaking specifically of military assistance amounts to less than 4% of the overall u.s. defense budget. u.s. officials made the point for that 4%, the u.s. has contributed to the decimation of russia s ground military capability.