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
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
On the harry kane story . That is exactly where we will pick things up. That potential transfer. A deal has been agreed in principle for Bayern Munich to sign the captain. But it is now his call to make. He has a year left. 30 came in a campaign where spurs finished eight, meaning they missed out on european football. Its not all done and dusted. It is now up for harry kane to decide. Hes been in this club since 200a. Hes been in this club since 200a. He said many times, he wants to win trophies. Hes second in the all time score list. Hes got 213 at the moment. Alan shearer has 360. Ive been speaking to fans who say they dont think that record will be enough to keep kane at the club. Bit of enough to keep kane at the club. E; it of a surprise, enough to keep kane at the club. E; t of a surprise, and we came to the stadium and it was Breaking News that we agreed the deal he agreed. That we agreed the deal he aareed. , ~ that we agreed the deal he aareed. , ~. ,. , agreed. Its kind of
Of the wildfires. Officials said it is still difficult to determine the true extent of the damage on maui, and have warned the death toll may rise. Some of the people caught up players we just had the worst disaster i have ever seen. Its burnt to a crisp. Its like an apocalypse. Woke up this morning and got on our Phones Temperatures of our house down to the slab, nothing but smoke. The winds picked up, i everything flew away, our Apartment Complex is right above the aquatic centre. We thought we were 0k| but then the wind came, gas station blue up, everything caught fire by the brush and we had to evacuate. 0ur weather presenter ben rich has been looking into the Weather Conditions that have contributed to the fires in hawaii. Rarely causes board size but it can bring provisions that make them lightly and the weather on its own rarely causes wildfires, but it can bring conditions that make them more likely and help to fan the flames, which is exactly whats happened in hawaii. Its been