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if you have just joined if you havejustjoined us it is time for the top business stories. we start here in the uk where in the next few hours the bank of england is widely expected to raise the cost of borrowing for the twelfth time in a row. the quarter percent rise most economists are predicting would take the bank s main interest rate to 4.5% the highest it has been in almost 15 years. the big question though will it be enough to start to get inflation, which is still running at more than 10% a year, under control? let s speak to katharine neiss she has held various roles at the bank of england and is now chief european economist at p gim fixed income. good to have you on the programme. iassume good to have you on the programme. i assume you are with the majority believe we are looking at a rate hike today of another 25 basis points. today of another 25 basis oints. . , today of another 25 basis oints. . , ., , points. that s right, that s the consens ....
first there was a row over the arresting of protesters. now a royal fan has revealed she was detained too, as she waited to glimpse the king outside buckingham palace. in her first tv interview, we ask alice chambers exactly what happened. also tonight, the question facing lawmakers across the globe is artificial intelligence going to be the next economic miracle or a danger to our whole way of life, or both? as the eu votes on the world s first ai laws, we ask how do you get the balance right between innovation and safety? and remember this promise? when he ran for conservative leader, rishi sunak pledged to review or repeal thousands of eu laws still on the statute book. but the government says far fewer than that will actually face the shredder. this brexiteer says sunak should go much further. this remainer says labour should throw the whole brexit wagon into reverse. and after air strikes on gaza kill two senior palestinian islamichhad commanders, along with a d ....
16 countries take the stage in liverpool later for the second semifinal. ukraine s president says his country is still waiting for more arms before it launches its counter offensive against russian forces. volodymyr zelensky warned the army still needed the promised supplies, including armoured vehicles, that are only arriving in batches . mr zelensky was speaking to the bbc s hugo bachega in kyiv, who was conducting the interview on behalf of the eurovision news group of public service broadcasters. everybody is waiting for this counteroffensive, and i think what is interesting is that president zelensky also acknowledged that some people may be tired of the war, but he also said he believed in victory, he believed in success, obviously, this is the job of the president, to keep the country united, to keep morale high. i think there is a clear understanding that this much anticipated counteroffensive is likely to be crucial for ukraine, not only because what happens o ....
that amounts to more than a 10th of vodafone s global workforce, and will affect its firm s uk headquarters and other cities. the company had already outlined plans to cutjobs in germany and italy. ceo margherita della valle warned that vodafone s performance has not been good enough . let s speak now to karen egan, who is senior telecoms analyst at the research company enders analysis. thanks for being with us. let s come onto some of the performance issue in a second per first of all the jobs, 11,000 is about a tenth of the workforce, that is a lot of people to lose out of a business. it is workforce, that is a lot of people to lose out of a business. it is and particularly to lose out of a business. it is and particularly as to lose out of a business. it is and particularly as it to lose out of a business. it is and particularly as it comes to lose out of a business. it is and particularly as it comes on - to lose out of a business. it is and particularly as ....
rates are expected to rise from 4.25% to 4.5% as the bank of england tries to rein in soaring inflation. inflation is still running at over 10% and at a as year high, largely driven by soaring food and energy prices. the bank rate is already at its highest level for m years, and further increases will pile more pain onto borrowers, particularly homeowners through higher mortgage rates. let s look ahead now with azad zangana, senior european economist & strategist, schroders. this deal we will get in half an hour but it feels done and are priced n. it hour but it feels done and are riced n. , hour but it feels done and are priced n- hour but it feels done and are ricedn. ,, , . ,. priced n. it is pretty much expected end has been priced n. it is pretty much expected end has been flagged priced n. it is pretty much expected end has been flagged for priced n. it is pretty much expected end has been flagged for some - priced n. it is pretty much expected | end has be ....