this is the business stories from around the world, and i will try and pronounce that correctly in a let s start with a stark warning from the governor of the bank of england. andrew bailey has warned the uk and many other countries are facing apocalyptic food prices, due to supply problems caused by the war in ukraine. bailey warned inflation could hit 10% by the autumn, well above the central bank s 2% target. uk inflation is currently at 7%, which is its highest level in 30 years. another sign of the rising cost of living was shown at petrol pumps yesterday, with one litre of diesel costing £1.80, which is a record high. joining me now is swetha ramachandran, an investment manager at gam investments. thank you for being with us, we know that rising prices are a huge problem, but it really did underlinejust how bad huge problem, but it really did underline just how bad this could get without warning from the bank of england just yesterday. yes, indeed, and there are lots o
you re live with bbc news. thousands of farmers across germany blocked roads in a protest against fuel subsidies, they say the loss of the payments will make them non competitive, the government says it is necessary to fix a budget crisis after spending plans were ruled under constitutional. the dispute is threatening to bring down the government. with surging support for the far right government. this isn t your average monday on the germany autobahns, some farmers are taking the fight and tractors to the heart of birdland. like james who grows crops in the northeast of germany. politics for the last northeast of germany. politics for the last ten northeast of germany. politics for the last ten - northeast of germany. politics for the last ten - 15 northeast of germany. politics for the last ten - 15 years - northeast of germany. politics for the last ten - 15 years hasl for the last ten 15 years has had only a negative approach to