clarence house by car this afternoon en route for sandringham. earlier in the day prince harry arrived in london to visit his father, there is no news on if he too has travelled to norfolk. the palace have not given any further details on what type of cancer king charles has been diagnosed with. only that it was found during his recent treatment for a benign enlarged prostate. butjudging by what the prime minister said earlier on bbc radio it would appear they have caught it early. well, like everyone else, shocked and sad and just all our thoughts are with him and his family. and you know, thankfully this has been caught early and now everyone will be wishing him. that he gets the treatment that he needs and makes a full recovery. that s what we re all hoping and praying for, and i m of course in regular contact with him, and will continue to communicate with him as normal. and those who know him say he will reflect on this, through his faith. the most reverend stephen cottr
westminsters s brains beyond government have been crunching through its, and they ve concluded what many a newscaster will know, it s the kind of the bleeding obvious, really. they present that times are really tough for people that wages and living standards and housing income are squeezed and will be for while. the tax burden for the highest it has been for a while and will be for a while as well. as we were discussing on the last edition of the podcast. a lot of the budget was quite nerdy and in the weeds. there was a discussion around childcare in england that we talked about. the arguments about pensions for very well. doctors and others to train and encourage them to work and not retire and spend time in the golf course. since then, the political discussion has moved on a bit with the announcement we were talking about with tiktok. what is hope for within government and some of the union resolution to some of the nhs disputes and strikes we ve seen in the last few month
The white house has reiterated its opposition to a unilateral recognition of a palestinian state, after three European Countries announced they would do so. Palestinians have hailed the move by norway, ireland and spain as historic. More than a0 high ranking foreign delegations have been taking part in a ceremony in tehran to commemorate president ebrahim raisi, who died in a helicopter crash. Prayers were led by the nations supreme leader. The former boss of the post office has admitted that evidence she gave to mps in 2012, looking into problems with the horizon it system, was not true. Paula vennells broke down as she was questioned over the scandal. So we begin with The Big Story of the day here in the uk news that the Prime Minister rishi sunak has announced a General Election will be held onjuly fourth. Speaking in a rainy Downing Street, battling against baring music from a nearby street, its probably not the image the Prime Minister would have wanted to kick start his Election
Environment. Where we are is the new eaglewood librium just a new equilibrium. The higher for longer will stay there. We understand we establish price stability as key. They are not giving up the 2 inflation target. The economy is doing fine and i think the economy is on its way to 2 by the end of the year. This is bloomberg surveillance. Jonathan the third hour of bloomberg surveillance begins right now, live from new york city, there are many ways to get a read on the u. S. Economy. You could ask the ceo of the biggest bank in america, jamie dimon, Francine Lacqua will do that in 10 minutes time. You can look for the data at 8 30 a. M. Eastern time in the jobless claims come of the estimate is 220 or look to a large retailer like walmart in the premarket posited by more than 5 after a beat on the top and bottom line. Lisa there is a cohesive thread coming together and its not clean and neat and dramatic. It is a slow softening. Its clear with walmarts extreme beat on the heels of hig