decisions on interest rates and they put up interest rates again by 0.25%. the last time they were there was middle of they were there was middle of the financial crisis in 2008. they also say they will stay for that level for quite some time so this idea of high interest rates to say is here to stay. interest rates to say is here to sta . f , interest rates to say is here to sta . j , , . to stay. they re big picture message to stay. they re big picture message is to stay. they re big picture message is not to stay. they re big picture message is not great, - to stay. they re big picture message is not great, it i to stay. they re big picture message is not great, it is| message is not great, it is pretty bleak. they are saying things may not be as bad as had been predicted. been predicted. that s where the graphs been predicted. that s where the graphs come been predicted. that s where the graphs come in been predicted. that s where the graphs come in and - bee
of the financial crisis, 2008 ish? yes. and they have said they will stay about that level for quite a while, so the idea that interest rates are here to stay is here to stay. and the big picture message is not great, it s pretty bleak, but they are kind of saying things might not be as bad as had been predicted. yes, that s where the graphs come in. we will now try and paint graphs with words, but they looked at inflation, which they do in all these reports and actually, they are now suggesting that inflation will fall faster than they predicted when they lasted this back in november. politically, that helps rishi sunak, showing his first pledge of halving inflation by the end of the year is comfortably going to be met on this trajectory. yes, and voters and lots of people will say hurrah to that. as far as the politics is concerned, there will be, as there was when he announced this, a slight scepticism about the extent to which he is actually responsible for that. it is qu
you should video of those rescues. we were told yesterday close to 300 rescues had been reported. that is not counting all the volunteers who are randomly showing up on their own, with their own boats, and for readers, and drones, trying to find loved ones, or neighbors, or people have just heard about who need saving and really remote parts of the area. specific to the death count that you just updated, coming from the governor today. tragic numbers again. 25, expected to keep rising. the governor also noted, in that 25, at least six children, and they re not counting kentucky corridor, set of the six children, four of them are siblings. so for kids from one family. here on the ground, gut-wrenching stories of loss frankly. unimaginable loss unfolding here on the ground in kentucky as we said the rescue keep on piling up and everybody who did survive, was able to make a, not coming home to see the damage and destruction. we wanted to show you a portion of an interview we sho
we start in the uk, where we now have a new finance minister after a night of high political drama. the former chancellor rishi sunak handed in his resignation on tuesday evening, citing a failure of leadership from the prime minister in his handling of the latest political scandal. this left the top finance job up in the airfor a few hours before nadim zahawi was appointed as the new chancellor of the exchequer. this comes at a critical time for the economy as the uk grapples with a cost of living crisis and rising inflation. this was acknowledged in rishi sunak s resignation letter. he said: now, this is being read by some as a defence for current high taxes which could mean that the new man in the job may have been brought in to change that. so what can we expect from the new chancellor? i m joined byjustin urquhart stewart founder of the investment platform regionally. justin, platform regionally. good morning to you. so, justin, good morning to you. so, let s talk abou