programme. there will no be default. those were the words of president biden on thursday as he hailed what he called productive talks with his political rivals as the clock ticks on the country s finances. he is trying to avoid hitting the debt ceiling. the us government is set to hit its borrowing limit of $31.4 trillion next week, raising fears it could run out of money to pay its bills without a deal to increase the debt ceiling. from new york, michelle fleury reports. with just one week left until treasury officials say the us will run out of cash to pay its bills, the mood music from washington was upbeat that a deal can be done to avoid default. i want to be clear that the negotiations we re having with speaker mccarthy is about the outlines of what the budget will look like not about default. it s about competing visions for america. nothing will be resolved till we solve them all. we know where our differences lie. we worked well past midnight last night, we r
people move back to the city centres but it is quite challenging if you are running a business in central london, for example, rent and rates are higher. for example, rent and rates are hiaher. . .,, for example, rent and rates are hiaher. . ., higher. and the cost of living has pushed higher. and the cost of living has pushed up higher. and the cost of living has pushed up the higher. and the cost of living has pushed up the price i higher. and the cost of living has pushed up the price of. higher. and the cost of living | has pushed up the price of the average sandwich and i have seen anecdotally people bringing their food a seen anecdotally people bringing theirfood a bit more to save money. you are competing with other types of lunches like suits and things so how do you get ahead of the game? so how do you get ahead of the name? ~ . , so how do you get ahead of the name? ~ ., , ,., game? what we find is some eo - le game? what we find is some people do game? what we fi
representing annual sales of around £8 billion. the sandwich market was hit hard by the pandemic and the rise of working from home but it has recovered most of that ground. let s speak tojim winship, director of the british sandwich & food to go association, which organises british sandwich week. thank you forjoining us. talking about inflation and the effect of food, things like bread, cheese, butter has all gone up quite significantly during the cost of living crisis, higherthan during the cost of living crisis, higher than inflation. has that impacted demand? its. yes, it impacts demand to some degree but i think people want to have sandwiches and they will go out and find some, regardless of that. but it has been tough for the last few years because covid hit our industry badly and then we have had inflation and shortages of
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