Increase wont come. Lets not forget that yesterday we heard that average uk wages were rising at their fastest pace in 20 years. Joining me now is Neil Shearing group Chief Economist at capital economics. Thanks very much for being with us today. Clearly it is pretty good news, but is it happening fast enough, oras news, but is it happening fast enough, or as fast as we had hoped . The fall in the Headline Rate of inflation, as you say, thats going to be welcomed by the Bank Of England. It takes a bit of pressure off them. But when you start to dig into the details of this report, i think perhaps there is still some uncomfortable reading there for the policymakers of the bank. As you mentioned, a lot of the fall in the Headline Rate, that is driven by what has happened to food and Energy Prices and that is out of the banks control. Interest rates dont tend to affect the price of our energy or food. Those are set in global markets. What they do affect his conditions in the real economy,
workwear and let s be honest, sometimes pyjamas below the waist accelerated. but london s premier menswear district, savile row, says there s been a renewed interest in classic menswear now that life has returned to normal. its tailors say that sales of bespoke handmade suits are back at pre pandemic levels. we sent anders edenholm to investigate. introducing the best dressed street in the world. savile row was founded here by the first and most famous tailor of them all, mr henry poole, a few years after the battle of waterloo. my name is simon candy. i am owner and managing director of henry poole & company, here at 15 savile row. this year we re looking, certainly at a good start in the year for the first half. we are going to see perhaps a little change, i am sure, as the pent up demand is declining a little bit, shall we say, but nevertheless people are aspiring to say something really special for them. it s a similar story further down the row. when we look at the figures fro
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