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helped to slow down the rate of price increases for non food products, which eased injanuary down from over 3% in december. i m joined now by shanti kelemen, chief investment officer at m&g wealth. good morning. this isjust what we want to hear before the bank of england has its first meeting of 2024, which happens on thursday. meeting of 2024, which happens on thursday- on thursday. yes, we will have a decision on thursday. yes, we will have a decision from on thursday. yes, we will have a decision from them - on thursday. yes, we will have a decision from them on - a decision from them on interest rates, wiley expected to keep rates unchanged and thatis to keep rates unchanged and that is positive news for inflation and a prices, on the other side we do have the economy still not in a recession and wage growth has been pretty strong. there are some factors balancing inflation, thinking it might not be a sharp drop in the next few months. to not be a sharp drop ....
a very warm welcome to the programme. we begin here in the uk. it is the morning after that budget. the chancellor has insisted his first budget is transformational and will get people back into work. jeremy hunt set out major changes to pensions and benefits, as well as an expansion of free childcare in england, all designed to boost economic growth. the new pension tax rules will allow higher earners to save more into their pensions, tax free. the opposition labour party has said it s the wrong priority for the wrong people. emma simpson reports. at this nursery in south east london working parents like charlie love the idea of 30 hours of free childcare for those nine months and over in england. her daughter, dorothy, will hopefully qualify. will hopefully qualify. other to - line, will hopefully qualify. other topline, ecstatic, will hopefully qualify. other topline, ecstatic, i ve - will hopefully qualify. other topline, ecstatic, i vejust i topline, ecstati ....
as $54 billion from the swiss central bank. is it enough to calm fears of a new financial crisis? plus: rates rethink. will market turmoil force the european bank to scale back a rise in the cost of borrowing later today? and the generation x factor. why the over 50s have the skills so many employers want, but aren t applying for thejobs. let s now get down to business. we start here in the uk, where households and businesses are weighing up whether they will be better or worse off following the chancellor of the exchequer s first budget. jeremy hunt wants to kick start a stagnating economy that s lagging behind its rivals across the developed world. the big focus getting more people into work and tackling the labour shortage that has left more than a million job vacancies unfilled. there will be more free childcare and changes to benefits and pensions. but there will be no tax cuts for individuals or businesses. companies still face a rise in corporation tax from 19% to 25 ....
fall in living standards since the 19505 and predicted house prices will drop by 10%. tonight we ll look at the key measures unveiled by the chancellor. as he tries to get more people into work 30 hours of free childcare is one of them. it s being expanded in england to cover one and two year olds. we can t afford to be able to put her in nursery for several days a week, so i can go back to work. so it is quite difficult really. this announcement sounds promising. there ll be changes to the benefit system with tougher sanctions for claimants who won t get a job. promoting nuclear energy it s being reclassified as environmentally sustainable to drive more investment in the sector. and stay with us on bbc news for continuing coverage and and coming up on the bbc news channel: he admits that chances are channel: he admits that chances are wafer thin, butjurgen klopp says liverpool will have a go at overturning a 5 2 deficit in their champions league last the chancellor, jere ....
criticising the small boat policy, resulting in him being taken off air for breaching bbc guidelines. he accused rishi sunak of not standing up accused rishi sunak of not standing up to what he called keir starmer, snowflake conservative mps who he said wanted to cancel gary lineker for criticising the government and saying so publicly. he then questioned why it was that rishi sunak s former boss, the chairman of the bbc, a conservative donor, richard sharp, was still in his position, asking if it was still tenable when there had been allegations about a conflict of interest in terms of trying to facilitate a loan for the conservative prime minister, boris johnson. that was pmqs. let s have the statement from jeremy hunt. madam deputy speaker, in the face of enormous challenges, i report today on a british economy which is proving the doubters wrong. in the autumn, we took difficult decisions to deliver stability and sound money. since mid october, and your guilt rates have f ....