At a near standstill since the beginning of the year. The Bank Of England has raised the cost of borrowing 1a times since the end of 2021 to try and rein in soaring prices. That has weighed on the economy, but experts have warned the full effect of those Interest Rises has yet to be felt. Emma vardy reports from morecambe in the north of england. Rowing is a delicate art. A bit like managing economy. A year of slow growth, business is feeling the pressure from rising costs, means as no surprise that many are feeling cautious about their ambitions were branching out. We cautious about their ambitions were branching out. Were branching out. We have struggled were branching out. We have struggled to were branching out. We have struggled to try were branching out. We have struggled to try to were branching out. We have struggled to try to work were branching out. We have struggled to try to work out i were branching out. We have| struggled to try to work out a rationale for expanding. So w
Its long been thought that 10,000 is the magic number, but could walking 5,000 steps a day be enough to see a benefit . The white house is marking one year since President Biden signed the chips for america legislation. It earmarked 52. 7 million in subisdies for the Semiconductor Industry in the us. The Commerce Department started taking in applications injune for the Subsidy Programme for Us Semiconductor manufacturing and since then, more than 460 companies have expressed interest in the funding. The programme is part of the administrations bid to boost competitiveness with chinas science and technology. The Commerce Department is also tyring to ensure that china doesnt benefit from the subsidies. Adrienne elrod is director of external and Government Affairs in the chips for America Office of the Us Department of commerce. How does the Biden Administration believe this legislation serves economic and National Security . First of all i think, thank you for having me, it is great to t
In the 90s and early 00s. Now this comes hot on the heels of disappointing china trade data on tuesday showing exports sank at their fastest rate since the pandemic. Global demand for chinese made goods is falling, down more 14 in the year tojuly. But domestic demand is down too with imports also falling by more than 12 in the same period. Earlier, i spoke to janet mui, whos the head of Market Analysis at rbc brewin dolphin, and she explained where the deflation was coming from. Deflation data, basically mostly coming from food prices and also commodities prices like raw materials, energy, etc. Actually, if you look at the underlying inflation, things like services, things like tourism, leisure, hotels, actually they are up. The Core Inflation is up from 0. 4 to 0. 8 , but obviously its still pretty muted. So overall, i think it is a concern that china prices are contracting and it could be lasting for a while as well. How likely do you think it is, though, that china is going to be
Half time. With just two days to go until the new premier League Season starts, wolves have made a managerial change. Gary oneil has been appointed to take over from julen lopetegui, who left after a long running disagreement with the club about transfers. Oneil has signed a three year deal after being sacked by bournemouth, despite helping them avoid relegation last season. Their first match of the new campaign is on monday against Manchester United. West ham have agreed a fee of £30 million, thats around 38 million, for both southampton captainjames ward prowse and Manchester United defender harry maguire. The England International had slipped down the Pecking Order at old trafford under erik ten hag, who took the captaincy off maguire at the start of preseason. Its not thought agreeing personal terms will be a problem. Two of the worlds top golf players, row of two of the worlds top golf players, have secured their place in the team. Rory mcilroy will play in his seventh consecutiv
consecrated, i think. and i didn t go to mass. remember what i said about afghanistan? i said we get help froer whamd. the taliban. what s happening now? what s going to readi was your press? i wasright. right. less than 500 days untilthe the 2024 election and the left is finally to panic over biden s latest embarrassing stumbles. politico leading the way today with a new column. why should primary biden? the onus should be on bidensl to prove he s mentally and physically nimble enough to dallyo job for another termdo before he s allowed to run against the bestlicans h the republicans have to offer. besides putting him ine to fighting, trim or not. primary adversaries would prepare for the all too realreal possibility that he s incapacitated pos, by a stroke, seriously injured or even worseinjured . even wor the piece even addresses pre main reason biden neede eves a primary challenger, his vice president. is vicf kamala harris, hadnvince convinced the country that she