A cut to come by the summer. Im a cut to come by the summer. Im interested a cut to come by the summer. Im interested in a cut to come by the summer. Im interested in this Wage Inflation problem because we are seeing in some sectors quite a lot of industrial action, which is all about wages. Is that a fly in the announcement . It about wages. Is that a fly in the announcement . About wages. Is that a fly in the announcement . , , announcement . It certainly is across euro e announcement . It certainly is across eumpe and announcement . It certainly is across eumpe and in announcement . It certainly is across europe and in the announcement . It certainly is across europe and in the uk, announcement . It certainly is across europe and in the uk, so announcement . It certainly is across europe and in the uk, so we announcement . It certainly is across europe and in the uk, so we have i europe and in the uk, so we have seen while the Headline Inflation Number is coming down, the big increa
It looks like hes going to concentrate more on the households rather than on businesses. And therefore, there are two major taxes that he could hope for, one is income tax and the other one is National Insurance contribution. Income tax is a broader tax and it would cost him more money, whereas National Insurance contribution focuses on people at work and will cost him a little bit less. Yeah, i mean having a bit less money to play with, i suppose, do you think perhaps that might give us a clearer sense of the conservative priorities here . Obviously, we know there might be an election coming. Its actually who that money goes to, where to target votes, maybe. That is a very good question because it does look like they are going to target consumers or households rather than businesses. Whereas if you look at what the priorities are in terms of raising growth potential, you do want to improve and get Business Investment growing faster. So that is really a very big question as to where th
The details. How they could this be . The eu has been very clear it didnt want to give apple the equivalent of a Parking Ticket although that said, apples earnings last year were not too far off hundred billion, it is big but apple can afford it. It all stands from a complaint brought by its butterfly back in 2019. They were essentially unhappy with apples rules that stop them other ways to pay. Spotter five. Apples rules that stop them other ways to pay. Spotterfive. The Eu Commission said that apple had behaving in an uncompetitive way for ten years and that what they were saying had essentially cost consumers in terms of higher bills for their music. Apple responded strongly, they accuse them of getting their facts wrong and they said they would be appealing. What said they would be appealing. What kind of impact said they would be appealing. What kind of impact could said they would be appealing. What kind of impact could this have the streamers, music streamers, this could open th
That is getting to people inside gaza. The situation for children, women and men who are caught in the crossfire is unacceptable and not sustainable. Israel has to maximise every possible means, every possible method of getting assistance to people who need it. Meanwhile on the ground in gaza, the war continues. There have been more air strikes in the south of the territory, including here, in the Southern City of rafah. The World Health Organisation says some Eight Thousand patients in gaza, many of them badly injured in israels bombardment, urgently need to be moved out of the territory. It is also warning of extreme malnutrition among children there. One other line to bring you from the middle east a un team of experts has concluded there are reasonable grounds to believe Sexual Violence, including rape and gang rape, took place in at least three locations during the hamas attacks on israel on the 7th of october. They also said there was convincing information that some hostages cou
Bitcoin hitting record highs, the continuation of a rally that has been building for a couple of months. There are a couple of factors the mainstreaming of bitcoin. You may recall earlier this year regulators in the us open and investing opportunities attached to crypto currencies to more investors, and since then funds have been pouring into that. There was a report that huge figures have been raised. That has definitely increased things on the demand side. On the supply side, there is a 0n the supply side, there is a process called halving, part of the bitcoin protocol, only a certain number are issued, and once every four years, a reward for bitcoin miners, that number decreases. That may also have an impact on what investors think the supply will be. All of this i think you can safely say is leading to that craze for laser eyes, the meme that bitcoin fund is used when they are feeling optimistic about it. ~. , they are feeling optimistic about it. We will come back to it. Michelle.