in the uk are at an all time high as country. its lowest ever now we have the round up of the business news and one of those headline stories you are concentrating on. welcome to the programme. yes, on course for stronger than expected recovery. that is the assessment from the international monetary fund on the state of the global economy in its latest world economic outlook update. the imf predicts that global growth of 3.1% this year and slightly higher growth in 2025. it also says that inflation is declining faster than expected because many supply chain problems caused by the pandemic have now been resolved. the imf has, however, issued a warning to the uk government not to cut taxes any further and suggested that treasury percent planned spending cuts for this year were unrealistic. earlier i spoke to the imf s chief economist and i asked him what his concerns were over the uk cutting those taxes. ~ , ., taxes. well, first, for the uk, we are seeing taxes. well, first,
over 3% in december. we spoke to investment manager shanti kelemen. she told us the fall in shop prices is a positive development, as the bank of england weighs up when it can start cutting the cost of borrowing. i think it s absolutely good news. i mean, one quirk of psychology is that even though inflation isn t going up because prices arejust sort of constant, it might not feel a lot better because the price is still higher than it was two years ago. with the changes and how people are expecting the future to unfold, the interest rates people pay our mortgages have already fallen a bit, similarly the rates the government is paying for borrowing are also coming down a bit from last year, so that in itself will provide a little bit of relief, even before the bank of england changes interest rates. but will that downward trend in shop price inflation continue? we all know about the supply chain disruptions in the red sea. and the picture could be further complicated from toni
overcome and inspiring a new generation announcer: this is nbc nightly news with lester holt good evening. for the defense, accused murderer alex murdaugh taking the witness stand today in south carolina dramatic and at times tearful testimony from the man at the center of the country s most closely followed criminal trial murdaugh under questioning from his lawyers saying i didn t shoot my wife or son and addressing what has appeared to be some of the prosecution s strongest evidence murdaugh from the witness box admitting he lied about his whereabouts the night his wife and 22-year-old son were shot to death. chalking up the lies to opioid addiction and paranoia under cross-examination, murdaugh, a former lawyer, also admitted to stealing from clients. the prosecution has maintained the murders were part of murdaugh s attempt to escape accountability for financial misdeeds we begin tonight with catie beck reporting from walterboro, south carolina. reporter: after ne
institutionally racist, misogynist and homophobic in a scathing year that says it needs a complete overhaul to restore public faith. the culture, sadly, in the met is all pervasive and the institutional racism and homophobia, misogyny, largely led by what their officers have said and what our own research has shown. ., , have said and what our own research has shown. ., . , have said and what our own research has shown- has shown. today is one of the darkest days. has shown. today is one of the darkest days, without - has shown. today is one of the darkest days, without a - has shown. today is one of the darkest days, without a doubt, j has shown. today is one of the - darkest days, without a doubt, and history darkest days, without a doubt, and history of darkest days, without a doubt, and history of almost 200 year old met police history of almost 200 year old met police service. history of almost 200-year-old met police service- police service. european stock mark
to restore public faith. the culture sadly in the met is all pervasive and the institutional racism, misogyny and homophobia is largely led by what their officers have said and what our own research has shown. todayis today is without a doubt one of the darkest today is without a doubt one of the darkest days in an almost 200 year old met police service. european stock markets recover in early trading with shares in banks rallying after moves to reassure investors following the takeover of credit suisse. barricades go up in new york in preparation for protests. a grand jury could make history by indicting former president donald trump over alleged hush money paid to a porn actress. hello and welcome to bbc news. the chinese president xi jinping, who s in moscow, has described russia and china as strategic partners and great neighbouring powers . on the second day of his visit, mr xi invited vladimir putin to visit beijing this year, and said he would make ties with mos