Time for a look at the Business News now with marc ashdown. Hello, this is World Business report, im marc ashdown. We start in the us, where the all important Inflation Data is just out. Prices inched up injuly, but less than expected. The Consumer Price index, a key inflation figure, rose 3. 2 compared to a year ago. It was running at 3 injune, so on the face of it, the pace of price rises has ticked up again. But the markets had expected a bigger increase, so could todays figure be good news . And could it be enough to persuade the Federal Reserve to leave Interest Rates unchanged next month . Lets bring in our north America Business correspondent michelle fleury. Firstly, talk us through the reasons behind this uptick. Inflation had been easing gradually, why has it gone up . Some of this has to do with comparisons of where we were last year and the way the data is compiled but some of it is things like rising Housing Costs and stuff like rising Housing Costs and stuff like that. I
Good morning. It is going to be fairly cloudy and wet today across the central swathes of the uk. To the central swathes of the uk. To the south of that mostly dry and mild. In the north, blustery showers with gales in north west scotland. Details later. Good morning. Its wednesday, 13th march. Rishi sunak is facing calls to hand back millions of pounds donated to the Conservative Party by a businessman accused of making racist comments about the mp, diane abbott. Tech boss frank hester is reported to have said ms abbott made him want to hate all black women, and that she should be shot. The Prime Minister called the comments racist and wrong. Our Political Correspondent Hannah Miller has more. Hello, rishi. How are you . Very nice to see you. When rishi sunak made this visit to a mill near leeds in november, his Helicopter Ride had been provided by one of his partys biggest donors, frank hester, Who Last Year donated £10 million to the Conservative Party, now alleged to have made com
High street chain wilko says it has appointed Administrators after failing to secure a rescue deal. You will remember this chain has been in the news for the last couple of weeks with concerns over whether it will be rescued. It looks like the rescue deal has fallen through and they have appointed Administrators. 12,000 people, it looks like, at risk potentially, following the news that wilko has appointed Administrators. We will bring you any more detail when we get the story but the Breaking News, wilko, the high street chain, has appointed Administrators. Here in the uk, police and the West Midlands say they are treating a fire at a Well Known18th century pub near dudley as arson. The cricket house, described as britains One Ovest Pub was largely destroyed by the blaze, it was then bulldozed with the local council said was unauthorised, unacceptable and possibly unlawful. Here is louisa pilbeam. Whats left of the 250 year old pub has now been searched by a Specialist Fire Service do
Minute holiday somewhere hot im in cheshire, where there is a beautiful sunrise this morning. Bookings at campsites like this are down because of that bad weather. We will be hanging out with people who have braved the weather and are staying here No Matter What, and my goodness they are looking for some goodness they are looking for some good news from carol. find goodness they are looking for some good news from carol. Good news from carol. And we are lookin at good news from carol. And we are looking at a good news from carol. And we are looking at a dry. Good news from carol. And we are looking at a dry, sunny good news from carol. And we are looking at a dry, sunny and good news from carol. And we are looking at a dry, sunny and warml good news from carol. And we are i looking at a dry, sunny and warm day for most of us. There could be some showers later onto the west then a more unsettled period with sunshine and showers for the next few days. Its thursday the 10th august. Our m