we start here in the uk, where more shops are limiting the sale of some fruit and vegetables because of a shortage of fresh produce. the uk s biggest supermarket chain tesco is the latest to bring in rationing, a cap of three items per customer on tomatoes, peppers and cucumbers. it follows similar moves by rivals asda, aldi and morrison s. extreme weather has affected harvests in spain and north africa. but some are also pointing to specific problems within the uk s food industry, as emma simpson reports. if you ve been to the supermarket, chances are you ll have seen this. a shortage of tomatoes, cucumbers and some other fresh vegetables and now britain s biggest retailer has joined in with placing a limit on how much shoppers can buy. here is the problem. at this time of year we rely on imports from overseas. we get a lot of tomatoes here from morocco but it is a whiteout with harvest disrupted. extreme weather is playing havoc food production. this huge business is in the
hello and welcome to audiences in the uk and around the world. we start here in the uk where the bank of england is poised for the biggest rise in the cost of borrowing for 27 years to rein in the soaring cost of living. economists expect the central bank to raise its main interest rate by half a percentage point something it hasn t done in one go since 1995. that would take it to 1.75% the most expensive borrowing costs the uk has seen for almost a decade and a half with further steep rises expected. it comes as a leading think tank has warned inflation could hit 15% before it starts to ease next year. george buckley is chief uk & euro area economist at the investment bank nomura. i assume you are with the majority and you think is half a percent rise today is a given? i a percent rise today is a civen? ~ , a percent rise today is a civen? ~ , ., a percent rise today is a . iven? ~ , ., ., given? i think it is going to happen. given? i think it is going to happen.
kevin: done with the stuffing and now it s on to the shopping. could be a record season for your spending. hello. i m edward lawrence in for neil cavuto. this is a special thanksgiving edition of your world. with consumers giving thanks for a cooling inflation, they are not thankful for a rash of retail theft across the country keeping prices higher. to madison al worth with the latest on what you can expect when you hit the stores. madison? hi, edward. the national retail federation forecasting that holiday spending is expected to reach record levels in november and december and 966 billion. black friday deals are already in full swing. amazon and best buy started their black friday deals a full week early november 17. target began offering seasonal discounts on november 19. according to a recent detail me not survey, 83% of shoppers say they intended to start holiday shopping before today, thanksgiving. you re heading out the door right now to snag some deals first, w
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