it went up to above 10%. we are still about there. for most people, wages are not keeping pace with how much things cost. we are on average 2.7% worse off, even with significant pay rises factored in. what happens now? because inflation has peaked, it does not mean prices are coming down. all it means is that prices are going up less quickly. the bank of england has a dilemma now because inflation is coming down but they will want to curbit coming down but they will want to curb it quickly. perhaps they will raise interest rates. they have done that a few times. the hope being that a few times. the hope being that we save more and spend less to bring the runaway train under control. that is not going to happen anytime soon, to get back to the rate of 2% is a long journey and for
suspect, anderson lee aldrich, purchased both the weapons he brought to the attack legally. he was able to do so despite a 2021 arrest over a bomb threat. we learned that from the colorado springs police chief last hour. so far, the chief says they have been unable to interview the suspect. listen to an update on the two heroes who stopped the shooting from being much, much worse. one of them was injured and is in the hospital. i am waiting for an update on him. but, nonelife-threatening injuries is what i am told. i believe he is not in critical condition. the other individual was not injured but they did an amazing job. reporters back at the table with us. the chief laying out what comes next in the investigation and we will learn more facts in the hours ahead. he spent a lot of time out in colorado. one of the big questions put the attorney general and the governor is saying yes, we have a red flag law in place. just last year, again, no charges were filed. that seems to be the
heavy missile fire going towards kyiv, so obviously top of the agenda at the g7. . at the g7. and further than the sanctions at the g7. and further than the sanctions road at the g7. and further than the sanctions road we at the g7. and further than the sanctions road we get, - at the g7. and further than the sanctions road we get, the - at the g7. and further than the i sanctions road we get, the more difficult things get because the more other countries imposing the sections have to make sacrifices. what do you make of this measure the ft would have pulled out? it what do you make of this measure the ft would have pulled out? ft would have pulled out? it does aet ve ft would have pulled out? it does get very difficult ft would have pulled out? it does get very difficult indeed, - ft would have pulled out? it does get very difficult indeed, so - ft would have pulled out? it does get very difficult indeed, so the i get very difficult indeed, so the way this get very difficu
are still feeling the fallout because of oil and gas prices. increases in wages are about 4% which means that when you take inflation into account, we are all about 1% worse off, even less money going around in the bank account if you work in the public sector statistically. you work in the public sector statisticall . , ., ., , statistically. these are monthly fi . ures statistically. these are monthly figures this statistically. these are monthly figures this morning, statistically. these are monthly figures this morning, but - statistically. these are monthly figures this morning, but these j figures this morning, but these increases, it will not be the end of that, this could go on for ages? that s right, the bank of england are saying we have not seen the worst of it yet. their expectation is that inflation will hit 8% in the coming months. it could go even higher. what tools that they have in their armoury to bring it down? they can increase interest rates. the hope being tha
knock on on the rhythm of services and the knock on of services being cancelled. but they have welcomed this morning the government s decision to reduce the days of covid isolation from ten down to seven in england with the hope being that that will bring more drivers back onto the network and hopefully appease some of the problems some of the companies are facing with trying to get services running and most importantly get people where they need to be for christmas, but the advice is to check, check, check and check again. advice is to check, check, check and check again- check again. thanks, simon. simon brownin: check again. thanks, simon. simon browning reporting. one of the uk s largest homebuilders, taylor wimpey, has agreed to drop terms in their contracts by which ground rents for leaseholders double every 10 15 years. taylor wimpey is the latest to agree to the changes, following a long running investigation by the competition and markets authority. it said ground rents of