prices are rising faster than they have done for a0 years in the uk. the bank of england says the recent increases in energy hills, which are set to be three times more than they were a year ago, will drive inflation the rate at which prices rise even higher, to 13%. uk inflation hit that a0 year high injune, reaching 9.a%. july s figures are released in a few hours and there is a real chance that headline uk inflation could hit double figures. joining me now is liz martins, uk economist, hsbc welcome and it is good to have you on the programme. what do you on the programme. what do you think? do you think we will hit double digits today and if so how significant is that? that is our forecast that we get to exactly 10% year on year injuly and some of our fellow economists don t think it is quite that bad they say nine point 8% perhaps but 9.8, ten, these are incredible figures that even a few months ago we would have found hard to believe. yesterday we had the labour mark
the worst drought in 1200 years . it is scary to think we cannot do this because we know have water to do it. there is this assumption that it will always be there, still, it s always not there. they might have been captured by the russians they have been fighting. we expect they were from the tank shooting with a blast. he had this and this big burden on him to serve the people however he can. i want to see him back safely. i am jessica dean in washington. pamela house tonight off. you are in the cnn newsroom. we begin this hour with your wallet, and the beating it has taken in recent days, weeks and months. the s&p 500 ended its first week since march of 2020. that is when the pandemic hit. for a second straight day, the dow closed between 30,000. americans are filling the worst inflation now since 1981. consumer prices shot up by 8.6% ending in may. record gas prices and skyrocketing airline tickets are battering summer travel plans. just a few days ago, the federa
Get away from the glass [background sounds] neil how would you like to be in the middle of all of that . Fox on top of texas after a destructive and deadly storm touch down. Thiess seven confirmed dead in the houston area after wind gusts reached more than 100 mileperhour. Hundreds of thousands still without power, and were tracking the legal storms as well from the fixation over Donald Trumps new york Hush Money Trial to the folk on Hunter Bidens two upcoming trials. Will any of it matter to voters in november . And then the storm over my, shall we say, chat with the white house economic adviser Jared Bernstein after President Biden continues to say inflation was 9 percent when he took office. The facts see otherwise, it got nasty, and youll get to see for yourself. Neil good morning, everybody. Happy to have you, im neil cavuto. Lets get right to it with the latest in houston and the fallout from a storm that ended up being a lot worse than earlier thought. Lets get the latest from f
That he loved me and cared about me and ive been serwer since then and now i have 17 months congratulations for that. Thank you. Do you dream about the future now . Yeah. A few years ago, i didnt think id be alive and so it was really weird turning 18 and having plans to go to college and just all of the things that i get to do now one point, i didnt know of lucy was going to live or die and now i know lucy is going to do whatever she wants to do in this world. Every single one of these kids gives us all hope today that no matter how hard your life is, things can get better. One de at a time it sounds like such a Great Program and, and you know that young woman lucy, her face just lit up when she was talking about her her sobriety what are the effects that a school like this exists, say, about the state of the drug crisis in our country, especially among teens yeah i mean its sad. I think that a school like this has to exist, but on the other hand, youre glad that it does. Its sort of