we start here in the uk where investors are now betting the cost of borrowing will have to keep rising because inflation remains stubbornly high. that s despite a pledge by the government to bring it down, and a barrage of interest rate rises by the bank of england attempting to get it under control. just a few weeks ago, we were assuming that after 11 increases in a row, the bank would not have to raise rates much further. but on wednesday, there was a major rethink on financial markets, which are now pricing in three more rises this year, with rates hitting 5%. here s why. prices in the uk are still rising much too fast, with inflation at 10.1% in the year to march. that s a bit less than the 10.4% recorded in in february, but was still much higher than expected. economists were predicting inflation would fall into single figures. one of the biggest factors the soaring cost of food and drink. it s up over 19% in the past year. it s the fastest rise in 45 years accordi
has not changed. officers are able to be as brutal as they want, and nobody holds them to account. and until that happens, there s no way the police are going to move forward. in the us, fox news comes to a 600 million pound settlement with the voting machine company dominion over its reporting of the 2020 presidential election. and ukraine s eurovision hopefuls happy to pose for selfies but the war is never far from their minds. and coming up on bbc news, manchester have one foot in the champions league semi finals as they go to germany with a 3 0 lead, aiming to finish the job against bayern munich. good afternoon and welcome to the bbc news at one. soaring prices for bread, cereal and chocolate meant the cost of living rose more than expected last month. inflation, which measures the rate at which prices are going up, was at 10.1% in the year to march. that is down from 10.4% in february, but it had been widely expected to fall below 10%. food prices have remained stubbo
hello and welcome. starting with our starting with our headline starting with our headline stories. the high court has been hearing a council s bid to block government plans for an asylum centre at an raf airfield. braintree district council is bringing legal action over the proposed use of raf wethersfield in essex. with more on this from our correspondent dominic casciani. he is in the newsroom for us. take us through it. he is in the newsroom for us. take us through it us through it. yes, this is crunch time for one us through it. yes, this is crunch time for one of us through it. yes, this is crunch time for one of the us through it. yes, this is crunch time for one of the home - us through it. yes, this is crunch - time for one of the home secretary s key strategist to try to deal with what she says is a genuine emergency situation with regards to managing the flow of migrants coming across the flow of migrants coming across the english channel. the vast majority o
all eyes on belfast this evening, where the architects of the good friday agreement are toasting 25 years of peace. there s a concluding dinner at hillsborough castle tonight, which we will dip into. no prospects of peace in ukraine. we are going to discuss a new report from denmark today which suggests russian assault ships, disguised as fishing trawlers and research vessels, that are threatening infrastructure in the north sea. we will talk more generally about bullying within the workplace and how we now define it. the sacked boss of the cbi has told the bbc his reputation has been totally destroyed by the allegation he is facing. and no let up in the cost of living. inflation is still a problem for all the advanced economies, a problem exacerbated here in the uk by the weak pound, which makes imports much more expensive. all that to come. but we start in belfast rishi sunak, is attending a gala dinner tonight, the final event in a week of commemorations marking 25 years