if you have just joined if you havejustjoined us it is time for the top business stories. we start here in the uk where in the next few hours the bank of england is widely expected to raise the cost of borrowing for the twelfth time in a row. the quarter percent rise most economists are predicting would take the bank s main interest rate to 4.5% the highest it has been in almost 15 years. the big question though will it be enough to start to get inflation, which is still running at more than 10% a year, under control? let s speak to katharine neiss she has held various roles at the bank of england and is now chief european economist at p gim fixed income. good to have you on the programme. iassume good to have you on the programme. i assume you are with the majority believe we are looking at a rate hike today of another 25 basis points. today of another 25 basis oints. . , today of another 25 basis oints. . , ., , points. that s right, that s the consensus p
that is your worst nightmar imagining what is happening to your child a note with big demands left by mysterious kidnapper who seemed to know all, se all. they are watching the house and then the victim hersel calls. her mom jumping into work with police, would hand over th ransom herself if i didn t jump the mone properly, that would be the en of her she dropped the cash all right but who picked it up that s where everything went wrong? that s where everything wen wrong. kidnapping case about to go way off script her story did not mak sense. what was really going on? i ve been a cup for 11 year and i blush when i listen to the tape a story with more twists an turns in the florida roads trying to find this missin mom. this case was not going t turn out like a lot of peopl assumed. thanks for joining us i m lester holt. whenever someone is kidnappe it triggers a race against tim as police often joined by th victims family begin a frantic search that s w
And to bring inflation down. Only the conservatives have the resolution to resist easy answers, avoid empty pledges and make the right decisions for the long term. Whether its resisting inflation busting pay demands in the Public Sector or tackling the loonies who stop hard Working Families get to work, orfacing down the stop hard Working Families get to work, or facing down the faint hearts who say we shouldnt try to control our borders or taking on the enemies of promise in education, only the conservatives are up for the fight. We are the party that fought in the past to bring positive change. That fought to clear slums over a century ago. That fought to lay the foundations of the Welfare State 90 years ago, that for fascism, communism and tyranny through the 20th century. Which fought the culture of bureaucratic slot that held us back in the 70s. The party that fought for home ownership, no attacks on personal freedom that fought for home ownership, no attacks on personalfreedom in