A P Pa re ntly apparently the british people love pies we will get stuck into that later. Lets start with apple, because the Tech Giant has unvelied four new iphones which will hit the shelves next month. Were not talking apple pies. The firm has had a busy 2a hours, it was forced to release a Security Patch after a flaw was found in its devices. However, apple will be hoping its new offerings will be making the headlines now. The new iphones include the Iphone 13, Iphone 13 mini, Iphone 13 Pro And Iphone 13 Pro Max Which will have a Starting Price of 699. The launch comes as buyers are keeping their phones for longer before upgrading. Investment firm Wedbush Securities estimates that around 250 Million iphone users have not upgraded their phones in 3. 5 years. Joining me now is russ frushtick, co founder of polygon. Im sure youve been looking in detail with what apple wants, we always demand you innovation and this time everyone seems very underwhelmed . And this time everyone seems very underwhelmed . Yeah, Apple Kind of goes very underwhelmed . Yeah, Apple Kind of goes in very underwhelmed . Yeah, Apple Kind of goes in these very underwhelmed . Yeah, Apple Kind of goes in these waves very underwhelmed . Yeah, Apple Kind of goes in these waves and L Kind of goes in these waves and this is feels less ambitious, a safer attempt from apple. I think normally we expect these big, splashy new features but here we are getting standard things from apple, a slightly better camera, a better screen, the notch at the top of the screen is smaller but broadly speaking, iam not screen is smaller but broadly speaking, i am not a screen is smaller but broadly speaking, Iam Nota huge nota speaking, Iam Nota huge not a huge overhaul and there are many who have not upgraded in quite some time so these are totally viable options but if youre looking at fancy things to pull out and impress people, this is not game changing by any means as you said, a sightly better camera. Longer battery life. Sightly better camera. Longer battery life, which sightly better camera. Longer battery life, which is sightly better camera. Longer battery life, which is what battery life, which is what annoys most of us, when we ran out of battery and also more data, we can keep more stuff on the phone. What about the issue of getting fines to market . There have been real problems . Yeah, absolutely, the Chip Shortage has impacted Technology Companies like apple especially bad and in this case we have apple trying to produce not one, but four models of iphone and they are struggling against chipmakers who are constantly rising prices who are trying to match demand in increasingly tough terms. Tim cook recently mentioned injuly how much he is foreseeing prices increasing in terms of manufacturers, where the providers of chips have mentioned they are increasing prices as much as 20 in january, so i think they have a serious problem on their hands, Long Term. That being said, it doesnt look like they are passing on higher expenses to the consumer with these models, these are consistent prices with previous years. Briefly, for apple with previous years. Briefly, for apple and with previous years. Briefly, for apple and their for apple and their competitors, the fact we do not upgrade offer now, it is a problem or not . I have not upgraded my Smart Phone for many years and i just got a new battery recently and its like having a new phone you are riaht, having a new phone you are riuht, it having a new phone you are right. It is having a new phone you are right, it is definitely right, it is definitely concerning. They need people to upgrade and they can sustain three years, but maybe four years, if people are not replacing their phone, something is a bit off and they generally need to give people a reason to make that big jump. This year may not be the one to do it but moving forward, we will see phones in the next year or two, that will be more drastically improved, that will give people like you the excuse to throw some money down. Goad to throw some money down. Good to throw some money down. Good to talk to yom you also tell me what you think about what apple is offering. We would love to get your views, and Reach Out on twitter. Lets get some of the days other news. The uk is to delay introducing Post Brexit checks on Food And Farming imports to england, scotland and wales, blaming Covid Disruption and pressure on global Supply Chains. Measures which were expected to come in next month will now be introduced injanuary and july next year. Amazon has announced it will raise its starting wage in the us for new hires to more than 18 an hour. The online retailer added it planned to hire another 125,000 workers in the country, mainly in Warehouse And Transportation roles, to ensure there was no Supply Chain Disruption in the Run Up To christmas. Spains left Wing Government has agreed Emergency Measures to cut spiralling Energy Bills as Electricity Prices climb to record levels. It aims to channel 2. 6 billion euro in Energy Company profits to consumers and Slash Electricity taxes over the winter months. Energy bills have been climbing across europe as Gas Prices soar in particular. To the us now, where Inflation Rose at its slowest pace in six months in august with Consumer Prices going up by 0. 3 percent from july, compared with a year ago, the rise was 5. 3 percent. Financial markets are breathing a sigh of relief as fears have been rife all year that prices could start to spiral out of control, forcing the us federal reserve to raise Interest Rates and possibly derail the nations economic recovery. Joining me now is maike currie, whos the Investment Director at fidelity international. Your thoughts on this latest news from the us . Your thoughts on this latest news from the us . Very much in line with what news from the us . Very much in line with what Economists News from the us . Very much in line with what economists were i line with what economists were expecting, sally, so the increase in the rise of inflation of 5. 3 , slightly down on the previous month but still the most sustained increase we have seen in inflation since the 1990s and there is big debate around inflation, specifically in the us but really globally is whether inflation is transitory, temporarily, and mostly caused by Pandemic Lead disruptions, the Supply Chain issues we continuously hear about the rise in prices is something more permanent, more entrenched, and that is what is concerning economies. This is why markets are keeping such a close eye on the rates in the us and uk later today. But the we have not us and uk later today. But the we have not seen us and uk later today. But the we have not seen a us and uk later today. But the we have not seen a further we have not seen a further sharp increase is better news, isnt it . It takes the heat of the fed, meeting next week but interesting how us markets closed lower, there are still worries, arent there, about the outlook . The outlook . Markets are worried because the outlook . Markets are worried because of the outlook . Markets are | worried because of course the outlook . Markets are worried because of course that the question is whether the fed will start tapering the big Asset Purchase programmes that have been propping markets up and when Interest Rates will rise and the Month Everyone is keeping an eye on is november for an indication from the federal reserve of the most powerful Central Bank in the world, as to how it expects to taper the asset rich programmes and when it expects to start raising Interest Rates. We have not seen them high for more than a decade. We have not seen high inflation for many years. This will very much impact Consumer Sentiment and we will also see Oil Prices and Gas Prices rise can significantly and there is a fear that will flow through to inflation and will see high numbers persist. Thank you so much for getting up thank you so much for getting up so early from the worlds largest economy to the second biggest, china, which has announced its Retail Sale Rose by 2. 5 percent in august, which is 6 percent lower than july. The countrys industrial output grew 5. 3 percent last month, which is its weakest pace in over a year. The data suggests Chinas Economy may be slowing down. Joining me now isjinny yan, whos the chief China Economist at icbc standard. Nice to see you. Now, looking at markets in asia, they have taken a real dip, following news coming out of China Today . Absolutely. The data is very much anticipated. Really the first sign since summer that we have had Activity Indicators showing us what may lie ahead and that is definitely a slowing Down Trajectory in terms of activity. Now, i think markets are picking up, not just the fact that the Economy And Activity is slowing, but the potential for the Central Bank to wait further in terms of even more signs that the economy is slowing more than anticipated for it to loosen Monetary Policy even further. So markets are hoping for a cut in the benchmark Interest Rate or even probably the triple are which is the reserve requirement ratio, the rate most likely to move, and if the data continues to be relatively stable because we know that china will slow down because we have had this relative period of uptick in detail, but if we start to see that normalisation happening faster than anticipated, at a point when the rest of the world is still seeing a lot of uncertainty, thatis seeing a lot of uncertainty, that is when markets will slightly be disappointed. But when ou slightly be disappointed. But when you take into account what businesses have been coping within china, some businesses in certain areas have been grappling with lockdowns havent they . They have had problems with Raw Material costs going up, supply, bottlenecks. There have been many challenges in certain parts of china . Many challenges in certain parts of china . Many challenges in certain arts of china . , parts of china . There have been Hue Parts of china . There have been huge challenges parts of china . There have been huge challenges not parts of china . There have been huge challenges not the parts of china . There have been huge challenges not the least i huge challenges not the least regulatory hall, technology industries, but actually more importantly, the Labour Market has remained surprisingly resilient, given that many provinces are going through carbon transmissions, for example, and the temporary factor here is that Trade Data came in this month surprisingly strong because we had earlier exported orders than usual because of the Supply Chains we have been talking about, issues. That will be quite temporary and really the key here is that consumption is not strong enough really to be boosted by the various policies, so i think domestic consumption remains a key weakness but as long as the Employment Situation remains relatively stable, the authorities will not be so worried, just yet. Authorities will not be so worried, just yet. Worried, ust yet. 0k, thank ou. Stay with us on bbc news, still to come savoury or sweet . Its time for the british Pie Awards, well fill you in on the favourites for the prize. This is bbc world news, the latest headlines counting is under way in california. The democratic governor, gavin newsom, is waiting to find out if the state has voted him out of office. Exit polls are predicting hell win. The bitter Power Struggle in haiti has intensified the Prime Minister sacks the prosecutor, who wants him to face charges over the assassination of president jovenel moise. To Northern Ireland now, where a new high Street Voucher Scheme to boost businesses in retail and hospitality has been announced. The £145 million programme will offer pre paid cards worth £100 to all over 18s. The scheme is based on similar Ones Injersey and malta and is viewed as a Helicopter Money Policy a term economists use to describe giving out cash to households to stimulate spending. But does Helicopter Money like this actually help . Richard lim is Chief Executive of retail economics. What does it work . The measure here is designed what does it work . The measure here is designed to what does it work . The measure here is designed to support what does it work . The measure here is designed to support a here is designed to support a part of the economy that has really been hit significantly during the pandemic and associated lockdowns. There are associated lockdowns. There are a number of factors as to whether or not it will work but it will certainly be a vital stimulus to encourage people to return to the High Street and during a time where footfall across Northern Ireland remains down 25 on the levels of 2019. Also at a time when small struggling and we are about to see a lot of Government Measures being unwound. So there is a lot of hope that this will encourage people to return. I this will encourage people to return. ,. , return. I presume there are conditions return. I presume there are conditions attached . Return. I presume there are conditions attached . The i conditions attached . The conditions conditions attached . The conditions are conditions attached . The conditions are that conditions attached . Tie conditions are that the voucher cannot be spent online it cannot be spent online it cannot be spent for certain parts of the Consumer Sector so it cannot be used for gambling and there is a narrative, and encouragement for the prepaid cards to be used to spend locally and i think this is an important fact to hear. Where it is really trying to be encouraged to be channelled towards the business that is in need of the most help. We towards the business that is in need of the most help. We saw a similar Move Need of the most help. We saw a similar move in need of the most help. We saw a similar move in the need of the most help. We saw a similar move in the united similar move in the united states where people were given checks for 1400 per person and that was on one occasion and then later in the year, 1200 Check Certificate is something that many governments Around The World are doing, isnt it . It is. This is in reaction of course to the significant low that has happened to global economies. I think there is a Trade Off here as well between whether or not it could be targeted and there are many other factors to consider as well in terms of seasonality, of when these stimulus desire to be used, particularly in perspective the retail sector. What we really do not want to see is the voucher used where it displaces spending that would have otherwise occurred. It is really important to get the timing right, and balance this against something that needs to be done quickly to really encourage that spending on High Streets. On High Streets. Changing the subect on High Streets. Changing the subject here. On High Streets. Changing the subject here, in on High Streets. Changing the subject here, in the on High Streets. Changing the| subject here, in the Newsroom Today there is a big debate about your favourite Hi Today there is a big debate about Yourfavourite Hi because we will be talking about pie in the moment. What is your favourite pyre . Savoury or sweet . Either oryou favourite pyre . Savoury or sweet . Either or you cannot have both. I sweet . Either or you cannot have both sweet . Either or you cannot have both. I like a traditional Chicken Pie have both. I like a traditional Chicken Pie. It have both. I like a traditional Chicken Pie. It has have both. I like a traditional Chicken Pie. It has to have both. I like a traditional Chicken Pie. It has to have i Chicken Pie. It has to have Creamy Mash and a lot of gravy. And maybe some peas . I do not like peas. And maybe some peas . I do not like peas. I and maybe some peas . I do not like peas, i have and maybe some peas . I do not like peas, i have to and maybe some peas . I do not like peas, i have to say and maybe some peas . I do not like peas, i have to say that. Like peas, i have to say that. I am getting carried away, i am hungry. Great to talk to you, thank you for telling us about Helicopter Money. Now lets introduce you to steph. Steph learnt she was pregnant at the same time that she was trying to raise new money for her Company Heka to fuel its growth. At first, she worried would Herfinancial Backers be happy for her to take time off to look after her new born child . Could she afford to leave her firm in someone elses hands . In our latest ceo Secrets Steph says everything came down to how she prepared the company for her absence. It is entirely possible to have a baby and run a business and enjoy the best of both worlds. When we looked at extending investment there were eyebrows raised around, 0k, how you continue to run a business while you are pregnant and then after the baby has come, once you have started a family. Personally it was quite shocking and surprising to have such prejudice. We needed to look at the projections that we had and plan for how many sales and how business would continue to grow while i was not there. So what we did was planned, maybe for the worse case scenario, a slight clattering of projections. As long as you can choose investors who are supportive and they can see the Long Term history, and give them leeway, they were not concerned by it. That is part of our Ceo Series and you can find more of those on our website. Love them or loathe them they are very popular in the uk. We are talking about pies and brits eat One Million pounds worth of them a year and its a Big Day for the industry, because around 150 Pie Connoisseurs and culinary experts willjudge 750 pies in 23 classes at the british Pie Awards later. A Vegan Pie Became Supreme Champion Last year a first in the competitions 12 year history. And this year the vegan class is the most popular for entries. So who else is among the favourites . Matthew 0callaghan is chairman of the british Pie Awards. Good morning and thank you for getting up so early to talk through. You do have a Big Day ahead. Taste through. You do have a Big Day ahead. ~. ,. ,. , j~ ahead. We now have over 800 ies. Ahead. We now have over 800 pies the ahead. We now have over 800 pies. The numbers ahead. We now have over 800 pies. The numbers are ahead. We now have over 800 pies. The numbers are going l ahead. We now have over 800 l pies. The numbers are going up. Before we pies. The numbers are going up. Before we get pies. The numbers are going up. Before we get into pies. The numbers are going up. Before we get into the before we get into the Nitty Gritty of that 800, what, when we talk about a pyre, do you have a particular definition for the competition . We do and the definition was debated in parliament. It is a feeling totally encased in pastry and Baked. No tarts, no lattices, no sausage rolls. It is a feeling completely encased in pastry and Baked. I is a feeling completely encased in pastry and Baked. Is a feeling completely encased in pastry and Baked. I assume a Cornish Pasty in pastry and Baked. I assume a Cornish Pasty does in pastry and Baked. I assume a Cornish Pasty does not in pastry and Baked. I assume a Cornish Pasty does not fit in pastry and Baked. I assume a Cornish Pasty does not fit the I Cornish Pasty does not fit the bill . At} . Cornish Pasty does not fit the bill . , Cornish Pasty does not fit the bill . ,. , , bill . Of course it does. Yes. It bill . Of course it does. Yes. It does bill . Of course it does. Yes. It does in bill . Of course it does. Yes. It does. In fact, bill . Of course it does. Yes. It does. In fact, controversy| it does. In fact, controversy about five years ago when a passkey won the british Pie Award and if it was allowed to enter, it was allowed to win. That was the deal. That was the deal. Talkers throu. H that was the deal. Talkers through the that was the deal. Talkers through the entries that was the deal. Talkers through the entries this i that was the deal. Talkers i through the entries this year. As i say we have over 800 entries in 23 classes in the most popular class is the beacon class. We introduce that a couple of years ago and it really has Ta Ken a couple of years ago and it really has taken off among the pie makers. Interestingly, many butchers make vegan pies. The 2019 And Supreme Champion was a vegan pie made by a butcher. So they are getting in on the act and then of course we have the traditional steak and ale, Steak And Kidney pies, Meat And Potato pies for our northern friends. There is all sorts of variety. And what we see among pies is a sort of differentiation in the market. You have cheerful pies, those Family Economy pies for these tough economic times but then you also have gourmet individual pies which have Portobello Mushrooms or moroccan spiced lamb or apricots. These are Gourmet Pies that are really starting to push the market. Mr; pies that are really starting to push the market. My mouth is waterin to push the market. My mouth is watering while to push the market. My mouth is watering while you to push the market. My mouth is watering while you are to push the market. My mouth is watering while you are talking i watering while you are talking about this because we are looking at the amazing footage of pies that have entered previously. So if you are going to win this competition, if you are going to win a particular class, what you have to do. What does the pie have to be like . ,. , , what does the pie have to be like . ,. , , what does the pie have to be like . ,. , like . Obviously you start with the pastry like . Obviously you start with the pastry and like . Obviously you start with the pastry and we like . Obviously you start with the pastry and we british like . Obviously you start with the pastry and we british are| the pastry and we british are masters at pastry. It can be short Cut Pastry or a hot water pastry. The pastry has to be right and it must be Baked right. So no soggy or burnt bottoms. It has to be crisp and even basic and then the feeling is important. Properly filled, not smear smear. That filling has to have some sort of vital texture to get your teeth working, it needs a saucer reduce inside which eases in terms of the Eating Quality but also adds flavour. It is a combination of Pastry And Source and filling which really delivers a good pie. You Source And Filling which really delivers a good pie. Source and filling which really delivers a good pie. You have a Bi Da delivers a good pie. You have a Big Day ahead delivers a good pie. You have a Big Day ahead so delivers a good pie. You have a Big Day ahead so we delivers a good pie. You have a Big Day ahead so we will delivers a good pie. You have a Big Day ahead so we will let Big Day ahead so we will let you go but thank you for talking us through the minutiae of what makes a fantastic pie. No burnt bottoms or saggy sides if you are planning to enter next year. This year you are too late, of course. These financial markets are down in the mood to change significantly after the data we had from china which we talk through earlier in the programme. You can see it has gone down nearly 1 of the moment. The night before on Wall Street it was a different story and the stocks headed lower and we will see how europe opens a little later today. I will see you soon. Hello there. After the very wet weather across england on tuesday, conditions look much better for the next couple of days. Thanks to a Ridge Of High Pressure, we should see plenty of dry and sunny weather. But it wont be completely sunny right across the board there will be a few showers, mainly across scotland and Northern Ireland. Thats yesterdays low, clearing a way in toward scandinavia. This Weather Front a weak front will bring some showers to scotland and Northern Ireland through the day, but this Ridge Of High Pressure will continue to build in, so a much better looking day for much of england and for wales, as well. A bit of cloud to start the day across eastern areas, maybe the odd shower. Any mist should clear away, too. Plenty of sunshine into the afternoon. Same, too, for Eastern Scotland, but northern and western scotland, and into Northern Ireland will see more cloud and a few showers around, so the mid to high teens here. Could see highs of 21 22 celsius further south. Now through wednesday night, it stays dry, with clear spells across england and wales that will allow some mist and dense Fog Patches to develop. Itll turn a bit cooler, as well, for many areas. I think single figure values across central and northern areas, particularly under any clear skies. And well continue with just one or two showers across the north, thanks to this Weather Front. But you can see the Ridge Of High Pressure will be a little bit stronger, more dominant across the country on thursday. So i think thursdays actually shaping up to be the driest and sunniest day of the week across the board. Well start off with that Mist And Fog around, quite a fresh feel to things but, with all the sunshine, temperatures will begin to rise into the Afternoon Thatll allow a bit of fair Weather Cloud to bubble up here and there. Top temperatures 22, maybe 23 degrees across central, southern, and eastern areas. A bit more cloud, though, starting to push into the northwest of the country, and that Heralds A Change a new area of low pressure and this Weather Front will be sweeping into Western Areas on friday. So itll be turning breezy up and down the west coast, around Irish Sea areas and towards western scotland, Northern Ireland, western england, and wales some Heavy Rain here but, actually, central and eastern england, Eastern Scotland should stay dry all day with some sunny spells. But it will be a breezier day for all, particularly across northern and Western Areas. Where we have the rain, then, mid teens, i think, the best. Further east in the sunshine, again its going to feel very pleasant 21, 22, maybe 23 degrees. Into the weekend, then, weve got some complicated areas of low pressure, a bit of uncertainty to the detail of the forecast. But it does look like low pressure wants to be nearby, so i think theres always the chance of some Cloud And Rain both saturday and sunday, and a little bit of sunshine, too. Good morning, welcome to breakfast with Dan Walker and louise minchin. 0ur headlines today. Covid boosterjabs for 30 Million people across the uk will be rolled out within days for Health Care workers, the over 50s, and those with underlying health conditions. Weve got to come back to a normal life somehow, somewhere, and this is the only way open to us. If by having it then i dont get the covid or im not ill, then ill willingly have it. Good morning. How far will the pennies in your pocket go . We get the latest Inflation Figures in an hour as Energy Prices are soaring, Food Shortages are kicking in and brexit is biting