many of them children. they blamed the blaze on an electrical fault in the air conditioning system. now on bbc news, dateline london with shaun ley. hello, and welcome to the programme, which brings together leading uk commentators with the foreign correspondents who write, blog, podcast and broadcast from the dateline london. this week, a meeting between boris johnson and the energy companies about the ticking time bomb which is the capping of energy bills. the cap will rise further in october. the meeting achieved nothing. the british have a government that apparently must wait for action until the conservatives have chosen their leader, the country s next prime minister. there was another meeting which ended without result too, new york s attorney general summoned donald trump to quiz him about his tax affairs. he pleaded the fifth then repeated the words same answer to every question she put to him. the former president, who would be president again, hadn t kept shtum whe
would take weeks worth of rain to replenish water sources, while experts warn england s drought could last into the next year. now on bbc news, dateline london. hello, and welcome to the programme, which brings together leading uk commentators with the foreign correspondents who write, blog, podcast and broadcast from the dateline london. this week, a meeting between boris johnson and the energy companies about the ticking time bomb which is the capping of energy bills. the cap will rise further in october. the meeting achieved nothing. the british have a government that apparently must wait for action until the conservatives have chosen their leader, the country s next prime minister. there was another meeting which ended without result too, new york s attorney general summoned donald trump to quiz him about his tax affairs. he pleaded the fifth then repeated the words sa me a nswer to every question she put to him. the former president, who would be president again, ha
chosen their leader, the country s next prime minister. there was another meeting which ended without result too new york s attorney general summoned donald trump to quiz him about his tax affairs. he pleaded the fifth then repeated the words same answer to every question she put to him. the former president, who would be president again, hadn t kept shtum when the fbi had raided his florida home. to discuss those events in the studio with me are eunice goes, a portuguese academic and writer who teaches comparative government. janet daley, born in the united states. a 60s progressive who by the 1980s was a conservative, now writing a weekly column in the sunday telegraph. and thomas kielinger, who has been a foreign correspondent for german media, including in washington dc during the carter and reagan presidencies. he has written biographies of churchill and of both queens elizabeth. lovely to have you all in the studio with us today. let me start with you, eunice, on the
some companies including southeastern and crosscountry aren t running any services at all. it s been revealed the search warrant for donald trump s florida home was partly based on suspicion of violations of the us espionage act. court documents show that 20 boxes of items were removed including some documents marked top secret . now on bbc news, it s time for dateline london with shaun ley. hello, and welcome to the programme, which brings together leading uk commentators with the foreign correspondents who write, blog, podcast and broadcast from the dateline london. this week, a meeting between borisjohnson and the energy companies about the ticking time bomb which is the capping of energy bills. the cap will rise further in october. the meeting achieved nothing. the british have a government that apparently must wait for action until the conservatives have chosen their leader, the country s next prime minister. there was another meeting which ended without result to
Rates potentially going up faster than expected makes profits harder to earn, and shares relatively less attractive. And the good news spin is that higher rates are the result of growth, so these are problems of success. Which is all reassuring. But theres a bigger way of looking at this that this is a turning point. We had a crash ten years ago; we still havent got back to normal and this kind of disruption isjust a starter as to what to expect as we do. The banking crisis of ten years ago has spread across the west and was like an economic heart attack, leaving banks slow to lend so companies couldnt get credit to pay for new investment and too many households were stranded with big debts and couldnt afford to spend. Across the west, grows inevitably slowed. For the time being at least, the nice decade is behind us. The credit cycle has turned. Central banks had to step up to stop the economy is falling down even further, printing money and slashing Interest Rates to nearly zero. In