rates to a 15 year high at 4.5% as it continues its fight against high inflation. and donald trump calls for republicans to let the us default on its debt rather than give way on biden s spending plans. hello. a warm welcome to the programme. this is world business report, i m ben thompson and we are going to start in the uk where the bank of england has raised interest rates for a 12th consecutive month. all of that as it tries to fight high inflation. uk interest rates were raised by 0.25%, while the bank said inflation would fall sharply in april but not as far or as fast as it previously thought. last month inflation slowed to 10.1% but that figure is still way above the bank of england s target. remember that target is 2%. let s speak to victorias, head of investment at interactive investor. lovely to see you. let s talk about what we have heard. first the interest rate itself because the interesting stuff is what the bank told us about what might happen next. a widely
phase and the deadline is looming closer and closer, i think you and i will be talking a lot about this because at this point it is the political theatre of that negotiation. we have another congressional meeting with the leaders of congress and joe biden this friday, so i would expect more lines from that and out of the white house and every day between now and the 1st ofjune which is the date the 1st ofjune which is the date the treasury says they will run out of money and cash to keep paying the united states debt. ads, of money and cash to keep paying the united states debt. united states debt. a date for the dia , and united states debt. a date for the diary. and i m united states debt. a date for the diary, and i m sure united states debt. a date for the diary, and i m sure we united states debt. a date for the diary, and i m sure we will- united states debt. a date for the diary, and i m sure we will talk- diary, and i m sure we will talk much more about this befo
terminal that day. it must be life-threatening annoying if it is your job to drive one of those carts all day long with that horrible alert noise blaring all day long, which is where the infinite genius of newark airport comes in. they have solved the problem of the silent electric cart, not by putting some horrible intrusive honking or beeping siren on the carts, instead, by having the cart drivers just say beep. they just politely say beep beep, as they drive around the airport, not hitting you in their silent electric cart. route your next trip through new arc, i swear they do this. it s awesome. why does the new arc airport do it this way, i have no idea. we asked the spokesperson whether this was official airport policy, where it came from? they chuckled at us, were very nice, said they would check but have not gotten back to us. tonight, on the best new thing in the world, somebody has one upped the geniuses at
if you re a passenger in that terminal that day. it must be life-threatening annoying if it is your job to drive one of those carts all day long with that horrible alert noise blaring all day long, which is where the infinite genius of newark airport comes in. they have solved the problem of the silent electric cart, not by putting some horrible intrusive honking or beeping siren on the carts, instead, by having the cart drivers just say beep. they just politely say beep beep, as they drive around the airport, not hitting you in their silent electric cart. route your next trip through new arc, i swear they do this. it s awesome. why does the new arc airport do it this way, i have no idea. we asked the spokesperson whether this was official airport policy, where it came from? they chuckled at us, were very nice, said they would check but have not gotten back to us.
if you re a passenger in that terminal that day. it must be life-threatening annoying if it is your job to drive one of those carts all day long with that horrible alert noise blaring all day long, which is where the infinite genius of newark airport comes in. they have solved the problem of the silent electric cart, not by putting some horrible intrusive honking or beeping siren on the carts, instead, by having the cart drivers just say beep. they just politely say beep beep, as they drive around the airport, not hitting you in their silent electric cart. route your next trip through new arc, i swear they do this. it s awesome. why does the new arc airport do it this way, i have no idea. we asked the spokesperson whether this was official airport policy, where it came from? they chuckled at us, were very nice, said they would check but have not gotten back to us. tonight, on the best new thing in the world, somebody has