Is a rate rise good for you . Really looking forward to speaking to you, to hearing from you this morning, by telephone, by text or social media. Lets get the neatest News Headlines from karishma patel. The Bank Of England is expected to raise its main Interest Rate to 5. 25 at lunchtime. It will be the 14th time in a row its gone up. Inflation has slowed down in the past few months, but is still at nearly 8 four times higher than the official target. Deputy Prime Minister, oliver dowden, says migrants will start to be housed on a barge in dorset in the coming weeks and that inspections are being carried out. They were meant to move in earlier this week but there have been concerns over fire safety and port staff. Ofcom says older viewers are switching away from live tv as part of a record drop in people watching traditional television. The Broadcasting Watchdog says audiences now have an all you can eat buffet of broadcast and online content to choose from. Scientists say a Prehistori
in the uk are at an all time high as country. its lowest ever now we have the round up of the business news and one of those headline stories you are concentrating on. welcome to the programme. yes, on course for stronger than expected recovery. that is the assessment from the international monetary fund on the state of the global economy in its latest world economic outlook update. the imf predicts that global growth of 3.1% this year and slightly higher growth in 2025. it also says that inflation is declining faster than expected because many supply chain problems caused by the pandemic have now been resolved. the imf has, however, issued a warning to the uk government not to cut taxes any further and suggested that treasury percent planned spending cuts for this year were unrealistic. earlier i spoke to the imf s chief economist and i asked him what his concerns were over the uk cutting those taxes. ~ , ., taxes. well, first, for the uk, we are seeing taxes. well, first,
yearago. i previous record more than a year ago. i spoke to a tribeca investment partner.- year ago. i spoke to a tribeca investment partner. heading to a aood investment partner. heading to a good start- investment partner. heading to a good start. the investment partner. heading to a good start. the optimism - investment partner. heading to a good start. the optimism hasi a good start. the optimism has returned after the first couple of weeks. investors have cited 2024 will be a year where interest rates will be lower globally. economic activities will slow down but not as badly as feared. all that combined, it s good to see asdaq pushing higher. it s good to see asdaq pushing hiaher. ~ ., ,., ., ., higher. we re hearing some good thins and higher. we re hearing some good things and some higher. we re hearing some good things and some lay-offs. - higher. we re hearing some good things and some lay-offs. i- higher. we re hearing some good things and some lay-offs. i
winds and rain. we begin in the united states, where florida governor, ron desantis, has dropped out from the republican presidential race and endorsed donald trump. the surprise video announcement comes ahead of this week s republican primary in new hampshire where mr desantis was polling in the single digits. his departure leaves nikki haley as mr trump s only significant rival. here s what he had to say. if there was anything i could do to produce a favourable outcome, more campaign stops, more interviews, i would do it. but i can t ask our supporters to volunteer their time and donate their resources if we don t have a clear path to victory. accordingly, i am today suspending my campaign. i m proud to have delivered on 100% of my promises. i will not stop now. it s clear to me that the majority of majority republican primary voters want to give donald trump another chance. they watched his presidency get stymied by relentless resistance and they see democrats using la
hearing, has held what the us calls candid and constructive talks with china s foreign minister in beijing. this at the start of two days of meetings with chinese officials. mr blinken emphasised the need for diplomacy and keeping open channels of communication us officials added. the trip to china is the first by a top us diplomat in almost five years and comes months after an earlier visit by the secretary of state was postponed when a suspected chinese spy balloon flew in us airspace. can this trip reboot relations? to discuss this and what s at stake for the world s two biggest economies, i m joined by alicia garcia herrero chief economist at natixis. good to have you on the programme. from your perspective, when we are looking at trade, the two biggest economies in the world, how important is this trip? extremely important. and the main reason for this trip is not even trade, it s about assurance to really avoid a military conflict in taiwan and i think that s th