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the economy is coping with the cost of living crisis when we get first quarter gdp figures in just over an hour s time. it s expected to have continued growing by 0.2% in the first three months of the year. hardly booming, but a far cry from the record breaking recession that the bank of england was predicting six months ago. on thursday, the bank announced a major rethink of its forecasts, saying the uk will now avoid going into recession. but it warned that the battle to get soaring prices under control is taking much longer than expected. the bank also raised its main interest rate again by 0.25%, to 4.5%. that s the 12th rate rise in a row, and it puts the cost of borrowing here in the uk at a 15 year high. the bank is trying to take spending power out of the economy to stop prices rising so fast. inflation is currently running at over 10% a year. that s the highest rate in a0 years, and five times the bank s target of 2%. our economics editor faisal islam reports. ....
Hello, i m helena humphrey. glad you could join me. four israeli hostages taken by hamas during the october 7th attacks have now been reunited with their families. but israeli forces in gaza killed scores of palestinians in the military operation to free them. israeli special forces raided two locations in nuseirat, in central gaza in broad daylight. one israeli soldier was killed. hamas says more than 200 palestinians were killed in the operation. an israeli military spokesman said there were under 100 palestinian casualties. the eu s top diplomat condemned the israeli raid. the us president has also spoken out at a press conference during his state visit to france. i want to echo president macron s comments welcoming the return of the hostages to theirfamilies in israel. we won t stop working until they are all home. hugo bachega has more from tel aviv. a dramatic rescue and she s free again. 25 year old noa argamani, captured by hamas on the 7th of october, and taken to gaza, is f ....
Materials are only coming down slowly. materials are only coming down slowl . , ., ., , , slowly. they have gone up, they are beginning slowly. they have gone up, they are beginning to slowly. they have gone up, they are beginning to come slowly. they have gone up, they are beginning to come back - slowly. they have gone up, they are beginning to come back a i are beginning to come back a little bit, but! are beginning to come back a little bit, but i think when people get the opportunity to put the prices up, they very rarely let them drift down too much must two because the competition is under cutting them, and there isn t a great deal of competition out there for that type of thing, really. the economy not yet back to normal, but industry and households starting to emerge from three years of global crisis. faisal islam, bbc news. a committee of the uk parliament is today launching an investigation into soaring food prices and whether the food supply chain is operating fairly. ....
But i didn t realise the extent to which the line has been redrawn. there are generational and cultural shifts that ijust didn t fully appreciate, and i should have. no excuses. andrew cuomo. let s go to our correspondent in washington, gary o donoghue. quite a reversal of fortune for this man, gary, who had been hailed as a bit of a saviour during the covid pandemic. mt; bit of a saviour during the covid pandemic pandemic. my goodness, it has been cuite a pandemic. my goodness, it has been quite a fall. pandemic. my goodness, it has been quite a fall, when pandemic. my goodness, it has been quite a fall, when you pandemic. my goodness, it has been quite a fall, when you think- pandemic. my goodness, it has been quite a fall, when you think back - pandemic. my goodness, it has been quite a fall, when you think back a i quite a fall, when you think back a year, this time last year, the winter months of last year, andrew cuomo really a leader, a national leader, any battle against ....
Something former president obama says may be a liability for his former vice president. according to politico n a meeting with one candidate he pointed out that during his own 2008 campaign, he had an intimate bond with the electorate, especially in iowa that he no longer has. he then added and you know who really doesn t have it? joe biden. while biden hopes to make up ground in iowa, a new poll just out spells trouble for another front runner. more on that when we come back. r front runner more on that when we come back a i need all the breaks that i can get. at liberty butchemel. cut. liberty mu. line? cut. liberty mutual customizes your car insurance so you only pay for what you need. cut. liberty m. am i allowed to riff? what if i come out of the water? liberty biberty. cut. we ll dub it. liberty mutual customizes your car insurance so you only pay for what you need. only pay for what you need. liberty. liberty. liberty. liberty. some farms grow food. ....