we start in india where figures out in a few hours�* time are expected to confirm the economy grew around 8% in the three months tojune. it's a growth rate to be envied by many countries here in europe. in fact, india's economy is predicted to double in size in the next eight years and become the second biggest in the world later this century. but what happens there has an increasing impact on the rest of the globe. food prices in india are soaring, threatening hardship for millions, and there are implications for everyone. as our india business correspondent nikhil inamdar reports. feeding herfamily feeding her family of four, this humble vegetarian meal costs are third more than it did a few months ago. with prices of most april soaring the money she brings home as a domestic helper is not enough. she has now taken part—time work as a seamstress to earn additional income. i work as a seamstress to earn additional income.— additional income. i am a sinale additional income. i am a single owner— additional income. i am a single owner in _ additional income. i am a single owner in the - additional income. i am a| single owner in the family additional income. i am a - single owner in the family and we cannot save anything anymore. everything from food and gas costs more, we are very stretched. and gas costs more, we are very stretchted-— stretched. there is 'ust no res - ite stretched. there is 'ust no respite in h stretched. there is 'ust no respite in the h stretched. there isjust no respite in the prices - stretched. there isjust no respite in the prices of- stretched. there isjust no i respite in the prices of basic staples at supermarkets like these, and as the country boss macro suffer from soaring food inflation, the government have had to bring in curbs on the exports of essential commodities like rice, wheat, and even onions to call domestic prices. this has globalfood domestic prices. this has global food security implications say experts. indie accounts for 40% of the global rice market, since it spends on basmati rice came into effect prices of rice for markets like thailand havejumped prices of rice for markets like thailand have jumped 20%. prices of rice for markets like thailand havejumped 20%. and now a sugar ban under consideration could aggravate the situation.— the situation. there is a ban on sugar— the situation. there is a ban on sugar exports _ the situation. there is a ban on sugar exports which - the situation. there is a ban on sugar exports which the l on sugar exports which the likelihood has increased because there is projection of sugar production being lower in the next season that would have an impact on global prices and all the economies are right now focused on controlling inflation in their own economies. i would say that india also has to take care of its own interest.— india also has to take care of its own interest. food makes up for a big chunk _ its own interest. food makes up for a big chunk of _ its own interest. food makes up for a big chunk of an _ its own interest. food makes up for a big chunk of an average - for a big chunk of an average indian�*s monthly expense, while soaring prices are eating into disposable incomes, erratic rains and changing climate patterns have led to lower yields for millions of indian farmers. he has spent three and a half thousand pounds sewing onions and his three acre plot of land and is staring at big losses this year.— of land and is staring at big losses this year. the quality ofthe losses this year. the quality of the crap _ losses this year. the quality of the crop was _ losses this year. the quality of the crop was very - losses this year. the quality of the crop was very poor i of the crop was very poor because of the unseasonal rain. 80% of what i sewed has rotted, i'm not going to be able to cover my cost.— cover my cost. with a big general _ cover my cost. with a big general election - cover my cost. with a big general election looming | cover my cost. with a big - general election looming unrest due to high food prices as a risk no government will want to confront. nikhil inamdar, bbc news. live to mumbai now to talk to nikhil. many across india will not feel the benefit of the strong economic growth we are likely to hear about later today. talk us through what this feeling that growth?— us through what this feeling that urowth? . ., , that growth? there are a number of factors that _ that growth? there are a number of factors that would _ that growth? there are a number of factors that would be - of factors that would be fuelling gdp growth, things such as government capital expenditure, especially on things like infrastructure projects, roadbuilding or railways, also the government will benefit from a statistically favourable base, which is the technical thing that will get gdp up. also we are likely to see things like hotels, for instance, trade and construction, those kind of sick as doing especially well, that could take gdp up to between 7.5 to 8.5%, that is really the range economists are predicting, and even if we come in at the lower end of that range, it is still higher than the 6.06% we saw in the previous quarter. what this number will show us is that india will continue to remain resilient as far as growth is concerned despite a slow down in exports and an overall global economy that is slowing down. this global economy that is slowing down. �* , global economy that is slowing down. a ., down. as you pointed out inflation _ down. as you pointed out inflation is _ down. as you pointed out inflation is a _ down. as you pointed out inflation is a big - down. as you pointed out| inflation is a big problem, what is being done about that? the government has taken a number of measures as i pointed out in that report, including curbing the exports of things like onions, wheat, rice, there is now a sugar ban that is under consideration as well, all of this is being done essentially to call domestic prices because we are in a politically sensitive. at this point in time. the elections are looming next summer. is the report pointed out that has global implications because india is the largest exporter of rice it is also the second largest exporter of wheat, of sugar and onions, so what india does has an impact on the world as far as agricultural trade is concerned.— as far as agricultural trade is concerned. ., ~ . concerned. thank you so much, see ou concerned. thank you so much, see you again — concerned. thank you so much, see you again soon. _ let's speak to suvodeep rakshit, senior economist at kotak institutional equities in mumbai. welcome to the programme. what is your take on this problem india is facing, very strong growth but inflation that is hard to tame? i growth but inflation that is hard to tame?— growth but inflation that is hard to tame? i think if you look at the _ hard to tame? i think if you look at the inflation, - look at the inflation, tragically it has been on the higher side over the past few months, it has come off recently, and going forward we have some risk on the upside, we will see food inflation dominating the trajectory on the upside. you have to remember one thing that is an el nino year 4 india which means monsoons have been erratic, so there is a challenge on the monsoon lead sewing and then impact on the food prices from. but, at the same time, i think the government has taken enough measures and it will possibly continue to do so, in terms of curbing domestic prices, and that should help part of the inflation trajectory to come off, which is the food inflation part. if i can point out quickly there are two points to the story, one is on the vegetables which has seen very high inflation and there is the longer cycling crops which is a little more durable in terms of the food inflation arc. vegetable prices will come off over the next few months, and as the new crop comes, cereals, pulses will take slightly longer but overall i think the trajectory should start to come off from third—quarter, which is the december quarter and then subsequently in the march quarter it should further come off. , , . quarter it should further come off. , , , off. this is a sensitive time, elections — off. this is a sensitive time, elections next _ off. this is a sensitive time, elections next summer, - off. this is a sensitive time, | elections next summer, what off. this is a sensitive time, - elections next summer, what is the quality of life like in india, for the normalfamily. india, for the normal family. we india, for the normalfamily. we saw there the challenges in that report, but as we have been saying in years to come, india could be the world's second biggest economy? there are some challenges, _ second biggest economy? there are some challenges, in - second biggest economy? there are some challenges, in terms | are some challenges, in terms of inflation hitting the common man, the common person on the street. as you would note there are also free food programmes the government runs for 800 million people, which is a safety net that the common person has, in terms of the basic necessary —— necessity is taken care of, but high prices eat into your quality of living in terms of your ability to spend on other commodities and other items, whether that be food items or services etc. having said that, the inflation front in india has been much better than most of the other markets, whether it is us, uk, europe, it has been much better, much more under control. the recent spike you see is due to a i—off increase in particular vegetable and subsequently we are seeing pressure on onions but the point is it is not inflation which is completely out of hand of either the central bank or the government policy because they have been nimble footed and they have pushed ahead to compress the issue in terms of curbing food inflation front. if you look at the core inflation which is what most of the services would come into this, core inflation has come off significantly and will be in a more comfortable, and is current —— currently in a comfortable range and will continue to do so for the next few quarters. continue to do so for the next few quartere— few quarters. thank you, interesting _ few quarters. thank you, interesting to _ few quarters. thank you, interesting to get - few quarters. thank you, interesting to get your i few quarters. thank you, i interesting to get your take few quarters. thank you, - interesting to get your take on what is happening in india, at the moment. let's stay with inflation, but move back to europe, because price rises across the 20 nations that use the euro currency are expected to have eased again this month. the headline rate of inflation is predicted to have come down to 5.2% in august from 5.3% injuly. we get the figures in a few hours' time. if confirmed, that would be the lowest rate of inflation since january of last year before russia invaded ukraine. sylvain broyer is chief economist for europe, the middle east and africa at s&p global ratings. good to have you on the programme. i know you were listening intently to what is going on in india. talk us through the picture across europe? through the picture across euro e? , , through the picture across euroe? , , ., europe? definitely looking at in india not _ europe? definitely looking at in india not only _ europe? definitely looking at in india not only in _ europe? definitely looking at in india not only in terms - europe? definitely looking at in india not only in terms of i in india not only in terms of inflation but growth. inflation is expected to moderate further in the eurozone, you mentioned the numbers, everybody is expecting. but it is a very slow process of this inflation is low because it is limited so far to energy prices, there is much less progress on other commodities, food price inflation remains dominant and core inflation is the same as what we have in the us economy, core inflation is now slightly above headline inflation. i would not say inflation is already under control, even if it is receding, core prices remain very high almost three times above the target stop with all that.— with all that. with all that ou with all that. with all that you have _ with all that. with all that you have just _ with all that. with all that you have just said - with all that. with all that you have just said i - with all that. with all that you have just said i don't| with all that. with all that - you have just said i don't envy you havejust said i don't envy christine nygaard and her team at the central bank, there are such diversity across the european zone. germany has announced a programme to boost its economy which is flagging. what will the ecb do next? i expect the ecb to pause on rates in september, it does not mean we are done with interest rates but what we see is the growth slowdown is there, and it is sharper than what the ecb was expecting so far. it will be very interesting to see how the ecb will revised its outlook for growth, in two weeks, probably will be weaker. disinflation is there, it is moderate, there will probably be a trade off between high inflation and decelerating growth, for the september meeting. the growth outlook is deteriorating far more than than what the ecb was thinking. right now and august are you feeling more comfortable about where the eurozone is at seven what germany recently announced in terms of stimulus?— in terms of stimulus? what germany — in terms of stimulus? what germany announced - in terms of stimulus? what germany announced is - in terms of stimulus? what. germany announced is about in terms of stimulus? what - germany announced is about less than one point of gdp stimulus overfour than one point of gdp stimulus over four years. than one point of gdp stimulus overfouryears. not than one point of gdp stimulus overfour years. not sure than one point of gdp stimulus over four years. not sure this is a big game changer. definitely goes on the right direction because it is about encouraging germany companies to invest more, especially to foster the green transition. we know germany needs to invest more to avoid its economy shrinking over the longer term and remember it is not that different from india, working age population is expected to decline over the next decade so this is where we need to invest. ~ ., invest. we will leave it there, thank you _ invest. we will leave it there, thank you very _ invest. we will leave it there, thank you very much. - invest. we will leave it there, thank you very much. sylvain| thank you very much. sylvain broyerfrom s and p global ratings. susannah streeter is head of money and markets at hargreaves la nsdown. i feel like we have ifeel like we have been i feel like we have been going all over the world today to just look at inflation, growth, central banks are doing, how they are tackling it. in the uk they are tackling it. in the uk the picture is changing all the time. we had positive news earlier this week about inflation in the shops coming down a little. your thoughts? yes, certainly, we did, and that will be food for thought, that will be food for thought, that data on groceries come down in price for bank of england policymakers, we have also had further update concerning mortgage approvals, which had dipped, and also an easing off in credit card borrowing, fresh indicators that the economy is slowing down. we had a snapshot of purchasing managers index showing business activities shrinking as well. all of this is painting a picture of a really slowing economy, wage growth is still an issue. that is why the bank of england still is expected to push rates despite the slowing economy by “p despite the slowing economy by up to 5.5% in september. after that, i think the picture is really muddy. the markets are still pricing in two hikes, it is likely we know how quickly forecasts change, but certainly, as the economy is slowing rapidly, prospect of further rate hikes after that also declined. ii further rate hikes after that also declined.— also declined. if we look at the us, — also declined. if we look at the us, quite _ also declined. if we look at the us, quite a _ also declined. if we look at the us, quite a bit- also declined. if we look at the us, quite a bit of- the us, quite a bit of information this week which is quite interesting. yesterday we have the latest revision on their second—quarter growth numbers, it actually went down 2.1% i believe my serves me. it is interesting, many arm pricing and the fact they won't increase rates again in september in the us. that's ri . ht, september in the us. that's right. down _ september in the us. that's right, down 2.4%, _ september in the us. that's right, down 2.4%, up - september in the us. that's right, down 2.496, up 2.196 | september in the us. that's i right, down 2.496, up 2.196 and right, down 2.4%, up 2.1% and also we have some data out on the jobs market, also we have some data out on thejobs market, that is also we have some data out on the jobs market, that is out tomorrow. all of this, jobsite is showing actually the jobs market is cooling rapidly, and thatis market is cooling rapidly, and that is why we are seeing more expectations that there will be a pause. however, after that, the chair of the federal reserve has said the door is still open to a further rate hike, so there is a 50% chance of a further one by the end of the year. but thatjob stated coming out on friday will be closely watched as well as the inflation reading later today. thank you so much. good to see you and see you again soon. three analysts in a row. we are keeping you across every twist and turn here when it comes to global economic growth, inflation, etc. around the world and across the uk, this is bbc news. vmcsovsk: bbc news - - bringing you different stories from across the uk. up until last august, this was the helmsley post office. but when the shop it was based in closed with little warning, the town was left without one. but after seeing a report right here on look north and launching a petition, the people of helmsley came up with "swan" heck of a good idea. morning. good morning. it's lovely to see you here. thank you very much for opening. and from today, the black swan now doubles up as a post office three days a week. the black swan has a long—standing history in helmsley. it's been at the heart of its community for many years, so there's that element that we took into consideration by trying to step in and offer that service to the people that we serve through the whole town in the restaurant, and things like that. it's regularly talked about that the world is becoming digital, and we should get more stuff done online. but it's not always possible for everyone. one of your finest first—class stamps, please. beth parsons, bbc look north. you're live with bbc news. to the world of technology now, and a looming crisis in the supply of one of its vital raw materials. copper is used in everything from batteries to cabling to solar panels. it's seen as key to the �*green tech' transition. demand is set to surge 50% over the next decade or so, but supplies of the red metal are becoming increasingly tight. one israeli firm thinks it has a solution. dr moshiel biton is ceo and co—founder of addionics. he's in tel aviv. thanks for being on the programme. what is the solution?— programme. what is the solution? ., , solution? good morning, sally. i am a scientist _ solution? good morning, sally. i am a scientist and _ solution? good morning, sally. i am a scientist and i _ i am a scientist and i co—founded the company together with my supervisor, from imperial college here in london, and we are reinventing the battery, for any battery whether it is battery for a consumer electronics, mobile phone or electric vehicle, and ljy phone or electric vehicle, and by changing the structure, we can make the battery more powerful and reduce the cost of the battery and to accelerate it. ., ., , . it. how does it reduce the demand _ it. how does it reduce the demand for _ it. how does it reduce the demand for copper? i it. how does it reduce the l demand for copper? copper it. how does it reduce the i demand for copper? copper is the new goal _ demand for copper? copper is the new goal in _ demand for copper? copper is the new goal in electric i the new goal in electric vehicles, three times more copper than conventional vehicles. in our solution, copper than conventional vehicles. in oursolution, by changing the metal structure and reducing the consumptions of copper by 60%, allows it to reduce cost and improve performance, and this is fully recycled copper, can be used, and saves around 60%. if we translate it to the ev, to say five kilograms per vehicle. can this be done _ five kilograms per vehicle. can this be done en _ five kilograms per vehicle. can this be done en masse, at scale? ., . ., ., scale? correct, from day one, we built and _ scale? correct, from day one, we built and manufactured i scale? correct, from day one, we built and manufactured at| scale? correct, from day one, i we built and manufactured at an business to crater in a cost—effective manner. cost—effective, you say for the what about price competitively alternatives? the what about price competitively alternatives?— alternatives? the goal is to reduce the _ alternatives? the goal is to reduce the cost _ alternatives? the goal is to reduce the cost by - alternatives? the goal is to reduce the cost by 1096 i alternatives? the goal is to reduce the cost by 1096 per| reduce the cost by 10% per kilowatt power, it is around $7 per kilowatt hour. find kilowatt power, it is around $7 per kilowatt hour.— per kilowatt hour. and this is a susceptible _ per kilowatt hour. and this is a susceptible answer - per kilowatt hour. and this is a susceptible answer as i per kilowatt hour. and this is| a susceptible answer as well, isn't it? ., . ,., a susceptible answer as well, isn't it? ., . ., isn't it? correct, so that it isn't it? correct, so that it is fully recycled. - isn't it? correct, so that it. is fully recycled. addionics, in order to recycle onshore, and to deal with the shortage and to deal with the shortage and demand of copper.- and to deal with the shortage and demand of copper. have you not on and demand of copper. have you got on board _ and demand of copper. have you got on board in _ and demand of copper. have you got on board in terms _ and demand of copper. have you got on board in terms of- got on board in terms of clients you are working with? right now, the main focus is on electric vehicles and big manufacturing of electric vehicles in the world, european and in america manufacturers. really, really interesting, and thank you for getting on the programme to talk to us about this. thank you very much. finally to the video gaming industry. it is now very big business, set to be worth $300 billion a year by 2025. so, it's not surprising that global media companies are turning their attentions to games in their battle to win more subscribers. netflix has been telling the bbc�*s steffan powell about its plans to move in on the gaming world. thanks to shows like stranger things, squid game, the crown and others, netflix helped change the entertainment landscape. now, if i said to you i was on the set of a netflix production, this isn't necessarily what you'd have in mind. you'd be thinking of big spaces, with cameras, actors and directors making television and movies. but it is development studios like this one, in liverpool, that could hold the key to the streaming giant's future. a lot of gamers play chess... to not fall behind its rivals, netflix is turning to companies like ripstone, who make video games. because you're a female in a gaming world, we really wanted to tap into that and help people learn chess. since 2021, the streaming service has offered subscribers the chance to play games on its app. the offering hasn't captured the imagination of the games industry so far, but there are now 70 playable titles and more being made, tied to their intellectual property. games is a really huge part of entertainment, and so it really is a natural progression for us to start thinking about how to offer games to our members. so to stay relevant, netflix is trying to leverage its famous franchises to have a stake in an industry that sees mobile games like candy crush make £135 billion a year. but success is not guaranteed. other mainstream entertainment and technology companies like amazon and google have tried. earlier this year, google's stadia service was shut down, and amazon laid off workers at its games division. i think when mainstream entertainment organisations have tried to enter the games space, they've struggled a little bit, and i think most of that comes down to the fact that they fundamentally misunderstood what it is about games that people love in the first place. they had these big budgets behind them, but ultimately lacked the creativity and uniqueness that we've come to expect. netflix is trying something slightly different, focusing on mobile games that are cheaper and quicker to make, so easier to build up a big portfolio. but the risk is that this approach could lack a scale and ambition to grab players�* attention in a crowded market. but in liverpool, the belief is their involvement will open doors. netflix has an audience of 238 million people now, many of which probably have never experienced a game before, so i think it'll make the games' audience bigger. and so, in this fierce battle for subscribers, netflix hopes this gaming gambit is a good move. steffan powell, bbc news. let's quickly have a look at financial markets today. we have a slew of economic data out today that will move these markets. it is fairly lacklustre in hong kong in particular. in china they had manufacturing activity data out today that showed a contraction for a fifth month in a row in august. it is not good news at all. on wall street, a sense of how the day ended there, half a percent gain for the nasdaq, in the us we also have more data coming out, in particular, the payroll numbers, giving more indication of thejobs payroll numbers, giving more indication of the jobs market indication of the jobs market in the states. it is on friday. i will see you soon. hello. for those of you that enjoy a big moon, there's a real treat outside at the moment — a super blue moon. what's one of those? well, the "super" bit is when the moon's closest to the earth for the year, and the "blue" bit is the second full moon of the month — so a super blue moon. and this is how sam's house spotted the rising moon here in derbyshire, just over the last few hours. now, looking at the weather picture at the moment, we do have some thicker cloud out to the west. that's going to rather spoil the sight of the moon. but across the eastern side of the country, we've got the clearest of the skies. now, through the day on thursday, we do have some rain that's going to be spreading in from the west, and that will start to make inroads towards southwest wales and southwest england over the next few hours. as that arrives, so will quite mild air. so 14 degrees in plymouth as we start the day on thursday. cooler across the north and east of the country. so, a northeast, southwest split with the weather for thursday, lovely start to the day for scotland, across much of northern england. bright with hazy sunshine for east anglia. but across western areas, we've got the rain moving in, and some of the rain will be quite heavy across southern areas of wales, southern areas of england. otherwise, it's probably going to come through quite light and patchy, really. top temperatures around about 18 to 20 degrees for many areas. now, on into friday's forecast, the remnants of that area of low pressure still with us. and, really, it's a day of sunny spells and a few showers. probably the cloudiest zone of weather will be across northern england, north wales, the north midlands and northern ireland, where there'll be a few patches of rain. one or two showers elsewhere. temperatures, again, high teens to low 20s. but as we head into the weekend, we've got a real change in the weather patterns. an area of high pressure is set to move in across the uk. we're not seeing too many of those over the last couple of months, i can tell you. now, saturday morning, there might be a few mist and fog patches first thing, but otherwise, it's a fine—looking day. lots of sunshine to look forward to, with just a little bit of fair weather cloud popping up for a time. temperatures rising across the board pretty much into the low 20s. 23 towards southeast england. and that is going to feel warm in the september sunshine. and we've got more of that to come through sunday and deep into the new week as well. so quite a long spell of dry and sunny weather finally looks set to arrive. bye for now. good morning. welcome to breakfast with naga munchetty and charlie stayt. our headlines today... police chiefs are to be given new powers to sack rogue officers — it follows the convictions of former met constables wayne couzens and david carrick. hurricane idalia leaves a trail of destruction across florida. with the government expected to bring in a ban on installing new oil boilers in off—grid homes in just three years' time, we've been speaking to people in rural areas who will be affected. in sport, it's a nightmare in the netherlands for rangers. they miss out on qualifying for the champions league. a big defeat by psv eindhoven has them heading for the europa league instead. and what a view! the blue supermoon has lit up skies across the world. and the clearest skies last night were across central and eastern parts of the uk. starting with sunshine. in the west and south expect rain, some of it will be heavy and thundery. all of the details later on in the programme. it's thursday, 31st august.