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Listen to kamala harris. Done before, which is to provide a Tax Cut for billionaires and big corporations which will result in 5 Trillion to americas deficit. Donald trump talked up his economic legacy as the debate moved onto the question of tarfiffs. Youll remember Mr Trump has recently been speaking about increasing tariffs on international goods. Lets have a listen. We are doing tariffs on other countries. Other countries after 75 years will pay us back after 75 years will pay us back after all we have done for The World. The tariff will be substantial in some cases. I took in the billions and billions of dollars from china. In fact, then never took the tariff of because it was so much money. We have had a terrible economy because inflation, which ....
10 15pm on the 13th Of August on sunday, those two men were standing outside the nightclub, in south london, they were approached police say by a man who attacked them with a knife before running away. Both men are in their 20s or 30s, they were taken to hospital for treatment and have since been discharged, there has been no officers, officers are following up leads, they are crucial in the Ongoing Investigation what they described as a homophobic attack of the two men. We will of course have more on that story as we get it but now lets go to tie and write for the business news. Lets start with china. Weve had some worrying data this week fuelling fears about the health today, Property Prices fell for the first time this year due to flagging demand house prices fell by 0. 1 injuly, compared with the same month l ....
is the outlook a little brighter? that s the talk in davos as business leaders and top government officials discuss the recent changes in the global economy. china s move to drop strict covid controls is seen as a boost and now the international monetary fund may soon upgrade its economic forecasts. today, we ll get a sense of how challenging the economic environment is across europe. in a few hours time, we ll get the latest inflation numbers in the uk and eurozone. joining me now is katharine neiss, chief european economist at pgim fixed income. good to see you. let s start with the inflation figures. the uk - with the inflation figures. the uk will we see them coming down again today? uk - will we see them coming down again today? uk - will we see them coming down again today? we re getting uk cpi data down again today? we re getting uk cpi data for down again today? we re getting uk cpi data for december - down again today? we re getting uk cpi data for december la ....
welcome to the programme. the bank of england has warned the uk is facing its longest recession since records began, as it raised interest rates, by the biggest rise in 30 years. the 0.75 percentage point rise the eighth consecutive hike takes uk rates to from 2.25 per cent to 3 percent, meaning higher mortgage bills for many homeowners. the bank of england s move matches the us central bank s rate hike on wednesday, taking us rates to 3.75 to 4.0%. here s the bank of england governor. these are big changes. they have a real impact on people s lives. so, why are we doing it, and why are we doing it now when so many people are struggling with higher energy and food prices and other bills? we are increasing bank rate because inflation is too high. it is the bank s job to bring it down. a rise in interest rates can have an influence on things like credit card repayments and mortgages but also the interest paid on your savings. but the governor says this is the only wa ....
a couple of hours. inflation was 3.7% in the year to september which is the same rate clocked for august. this month the us central bank held its key interest rate at its current 22 year high as it seeks to curb price rises. last week, the ratings agency moody s lowered the outlook for the nation s credit rating to negative from stable, citing those higher interest rates not backed up by policies to reduce spending. the us treasury secretary janet yellen has pushed back here she is speaking at the apec summit. this is a decision that i disagree with. the american economy is fundamentally strong and treasury securities remain the world s pre eminent safe and liquid asset. we have enjoyed over the past several years a historically fast economic recovery from a deep recession, our unemployment rate is near historic lows, inflation has come down significantly and our economy grew by almost 5% in the third quarter. economy grew by almost 596 in the third quarter- th ....