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over 3% in december. we spoke to investment manager shanti kelemen. she told us the fall in shop prices is a positive development, as the bank of england weighs up when it can start cutting the cost of borrowing. i think it s absolutely good news. i mean, one quirk of psychology is that even though inflation isn t going up because prices arejust sort of constant, it might not feel a lot better because the price is still higher than it was two years ago. with the changes and how people are expecting the future to unfold, the interest rates people pay our mortgages have already fallen a bit, similarly the rates the government is paying for borrowing are also coming down a bit from last year, so that in itself will provide a little bit of relief, even before the bank of england changes interest rates. but will that downward trend in shop price inflation continue? we all know about the supply chain disruptions in the red sea. and the picture could be further complicated fro ....
good morning. iam good morning. i am out of the very front and to get this prized position you had to be here two days ago, at a 7am on saturday morning. it won t be long before this lot are inside. that is wherejohn and carol r. yes, good morning. the big news on day one of these wimbledon championships is the withdrawal of nick kyrgios. the beaten finalist last year and the amount s singles is out because of a wrist injury after what has been an injury ravaged season. and will it stay dry? well, actually, we are expecting some showers this afternoon at wimbledon. for most, rain in the north of scotland, rain in northern ireland putting eastwards. behind all of that, sunshine and showers. a day for taking the brolly. more later. good morning. it s monday, the 3rd ofjuly. it appears to have been a calmer night across france, after the family of a teenager shot dead by police said they did not want his death to spark riots. police made around 80 arrests overnight, down f ....
hello, welcome to the daily global, where we ll bring you the top stories from around the world. hundreds of israeli soldiers backed by drones and armoured bulldozers are continuing a sustained assault on armed palestinians in thejenin refugee camp. the palestinian authorities say eight people have been killed and dozens wounded. it s one of its biggest raids in the territory by israel in recent years. the operation started with multiple drone strikes on the refugee camp and israeli army vehicles were seen moving in. israel claims the camp contains a command centre for palestinian militants. palestinian leaders say it s an attempt to destroy a refugee camp and that innocent people inside the camp have been bombed. ambulances have struggled to reach those injured because of the intensity of the fighting. palestinians have been throwing stones at israeli troops from behind burning street barricades. fighting is continuing and there ve been gun battles on the streets with ....
controversial end to the second ashes series. welcome back to verify life. a watchdog has found that uk drivers paid more for fuel at supermarkets last year because of a lack of competition between retailers. the competition and markets authority says drivers paid an average of an extra six pence a litre for fuel, with diesel 13 pence a litre more expensive. the government is now promising a change in the law to increase competition. simon williams, the rac s fuel spokesperson, gave us this reaction. yes, consumers have been overcharged for some considerable time. the rac has a programme called fuelwatch. we monitor the price of retailfuel but also, crucially, the price of wholesale fuel. and for the last three months, the price of diesel on the wholesale market has been lower than petrol. yet if you go to virtually any forecourt across the uk, you will see diesel being priced above petrol. now, that is simply not right, it s not fair. it doesn t reflect what s going on ....
time now to focus on the top business stories. i m sally bundock and we begin here in the uk where labour shortages and the rising cost of living have crippled the food sector with issues ranging from livestock stranded on farms, worker shortages at abattoirs and crops left to rot in fields with no one to harvest them. the prime minister, rishi sunak, is holding a food summit for crisis talks with farming and supermarket bosses to discuss how inflation is impacting food production. the nationalfarmers union has reported a ao year low in domestic salad production, while egg production recently fell to its weakest level in nine years. let s hear now from anna taylor, executive director of the food foundation. good morning to you, anna. good morninu. good morning to you, anna. good morning- what good morning to you, anna. good morning. what is good morning to you, anna. good morning. what is the good morning to you, anna. good morning. what is the situation - morning. wha ....