civil servants. meanwhile, separate data from the bank of england shows british lenders reported a sharp increase in the rate at which households and businesses defaulted on loans such as mortgages. the chancellor said the economic outlook was still brighter than expected. let s bring in the chief economist at kpmg. the uk economy remains weaker than any other country in the g7. we still have twin drives of high inflation and rising interest rates. how resilient do the you think the uk economy is? the latest data has been think the uk economy is? the latest data has been more think the uk economy is? the latest data has been more positive - think the uk economy is? the latest data has been more positive than i data has been more positive than what we feared late last year so it seems like the overall economy is more resilient and the majority of the weakness that we saw more recently is related to strikes rather than any fundamental weakness of the economy but obviously w
we start in the us, where the rate of inflation has slowed to its lowest level in nearly 2 years. figures released in the last hour, show the consumer prices index came in at 5% last month, lower than expected. but what does it mean for central banks that have been agressively raising interest rates around the world, to keep a lid on prices? well the deputy director of the imf has been speaking to our north america correspondent, samira hussain, about what could happen next. let s speak to her now. she s in washington. it isa it is a really interesting interview. if the idea that banks need to hold firm on the idea of raising rates until we are clear of the peak of inflation? we raising rates until we are clear of the peak of inflation? raising rates until we are clear of the peak of inflation? we spend such a lona time the peak of inflation? we spend such a long time in the peak of inflation? we spend such a long time in an the peak of inflation? we spend such a long ti
Police have released cctv images of a man wanted in connection with a car crash that killed three teenage boys in west london on friday night. Police say that despite the image being poor quality anyone who knows the man would recognise him and urge them to come forward with information. In a statement the metropolitan police said, three young men have lost their lives. Such tragic circumstances must far outweigh any taboo around assisting police. Investigators believe there were at least two men in a black audi that hit the Three Friends near a bus stop in hayes. One man is under arrest. The victims have been named locally as harry rice, George Wilkinson and josh kennedy. Our correspondent leigh milner is there. This cctv image was captured by the bus stop where the three boys died. The detective sergeant said that while the images were not a good quality, hes convinced that those who know the man in that image will recognise him. Meanwhile another 28 year old man is currently being d
Welcome to bbc news. Police are hunting for a man who is believed to have fled the scene after a crash that killed three teenage boys at a bus stop in west london. A 28 year old man was arrested on friday night on suspicion of causing death by dangerous driving after a car mounted the pavement in hayes. The three victims have been named locally as josh kennedy, harry rice and George Wilkinson. Jon donnison reports. Three teenage friends on their way to a friday night party. Their lives cut short. Theyve been named locally as josh kennedy, George Wilkinson and harry rice. Hed been a promising footballer with farnborough fc. Our thoughts are with harrys family and friends at this sad time, the club posted on social media. Yesterday, at the scene of the crash, the community gathered to pay their respects and offer an impromptu tribute. They were killed when they were hit by this black audi as it reared up onto the pavement at speed. A 28 year old man has been arrested on suspicion of caus
Market. Good morning. The english Wine Industry has grown by nearly 20 in the last year so im at this vineyard in kent looking at whats been behind that sparkling performance. Millions of us already know how beautiful the Lake District is, now the rest of the world does too. We are live there this morning as the United Nations gives it World Heritage data is. Im at wimbledon where a place in the quarter finals is on offer for britains best. Andy murray and Johanna Konta are both in action today and both looking to get into the last eight here at the all england club. Weather wise, were looking at a mixture of sunshine and showers, a 30 chance of showers through the afternoon. For the uk as a whole, sunshine and showers but some of the showers will be heavy and thundery in east anglia and the south east. More later in the programme. Good morning. First, our main story. The case of the terminally ill 11 month old boy, charlie gard, returns to the High Court Today, as judges consider new