thanks forjoining us on bbc news. uk inflation has hit the bank of england s target of 2% for the first time in almost three years. the figure which tells us the rate at which prices are rising hit the target in may, coming down from 2.3% in april. our chief economics correspondent dharshini david reports. gary in sussex used to have seven butchers shops. he now has four. forced to make cuts as he s been caught between soaring costs over the last few years and customers with lean budgets looking for value. but things are easing. the price is probably 10 15% more than they were at the beginning of covid, but the actual price of the product is pretty much stationary now. well, we hope it s stationary. it would be nice if it would come down, but i can t see that, not in the foreseeable future anyway. it s global food and energy costs, which triggered the rise in inflation to ii% in 2022, which have also helped it fall to the 2% target, along with the rate rises over the last
A Textiles Company in yorkshire to find out how good we are exporting. In sport its not over yet for arsenal. Theyre up to fifth in the Premier League after beating southampton, just outside the Champions League places. And carol is out and about with the weather. Good morning. Iamat i am at Kenwood House in london where it is a beautiful yet chilly start to the day. For most of us it will be dry and sunny how whether there will be heavy downpours across parts of Southern England and south wales through the day. It will feel humid and some of us will reach 2a celsius. Do details in 15 minutes. Good morning. First, our main story. Labours draft election manifesto has been leaked more than a week before its official launch. The 51 page document was obtained by the bbc and several newspapers. It includes proposals to Nationalise The Railways and the Postal Service. A plan to create publicly owned Energy Companies in every region of the uk and the introduction of price caps. And theres a c