will cause huge disruption . this time of year is traditionally one of the nhs s most busy periods. 0ur health correspondent sharon barbour has the story. hospitals across england, already struggling with the pressures that winter brings, are bracing themselves, as tens of thousands ofjunior doctors walk out for three days. whose nhs? 0ur nhs! dr greenhlagh is a surgical registrar. he s already qualified to undertake major knee and hip surgery. every time that i go and see a patient in the accident and emergency department, and i can t examine them in a room because there s no space, and so they re on a trolley in the corridor, it s not right. and when you see how little it seems the government values us, again that is a real blow to many doctors morale. we re not asking for a huge pay rise. what we re asking for is our pay to stop being cut and to reverse the pay cuts we ve already suffered. have you thought about leaving? i think alljunior doctors, to be honest, i think m
global markets are eagerly waiting for the latest us inflation numbers and whether they will give any indication the rate has peaked. last week there was unexpectedly strong us jobs data which added to expectations the world s biggest economy is able to withstand a sharp interest rate rise by the federal reserve. but if inflation continues to soar it could change the likelihood of an aggressive big hike by the central bank. here s our north america business correspondent michelle fleury. after yea rs of no after years of no or at least hardly any inflation in the us, the past 12 months have seen consumer prices bugging sharply. the annual headline rate was 9.1%, the highest level for a0 years. economies expect the rate to call slightly to 8.7%. if that is the case that was ignored some welcome relief for us consumers and there are signs that americans do not expect inflation to continue at these levels for long. in addition, congress is about to pass the inflation reduction a
britain s ecomomy is expected to have gone into reverse shrinking by 0.1%. and if that continues for the rest of the year two quarters of negative growth that would constitute a recession. the bank of england has raised the cost of borrowing to a 15 year high, to try to rein in soaring prices, and that s weighing heavily on many businesses and households. on thursday, official data showed a steep jump in the number of people falling behind on mortgage payments. our cost of living correspondent, colletta smith, reports. good morning, donna speaking, how may i help? with rates on the up, more people have been struggling to pay their mortgage bill. don t worry, i m sure we can get this sorted out for you. ..and an increasing number are now officially in arrears. you know, nobody wants to send debt collectors to your door. nobody wants that. that s not what we want. we want to help you, we want to get a solution in place with you, but we can only do that if you give us a ca
in the months to come. adding to that, we obviously have the worries about inflation. the less money we have to spend on things like holidays, but also just a hassle, watching people travel around the world the summer, it hasn t been fun, has it? that is obviously coming on top. there are labour shortages in all sectors, but the hospitality and travel industry has been hit worst, i would say, because peoplejust moved out of the sector. and also you see those charges everywhere. it is expensive, it has been disrupted. you have too few people serving the industry and disposable incomes that adds to pleasure. we do think travel activity will come down, but people also need to save money and that is what we are providing, we are helping people compare prices so we are positive in providing value to the travellers, but the overall volume is likely to come down.