Point to 3. 5 . So have those eurozone nations turned a corner on inflation . Joining me now is charles younes, deputy chief Investment Officer at financial Analysis Company fe info. Good to have you with us. Make that link for us. We saw that cut earlier in the week, and it seems as though it backs up that decision they made earlier. Yes, i fully agree with you on that point. The ecb has been very clear, they have been slow in Cutting Rates, and really it is about inflation. So the number given this week confirms that the ecb needs to be very slow in Cutting Rates. It that the ecb needs to be very slow in Cutting Rates. Slow in Cutting Rates. It also suggests slow in Cutting Rates. It also suggests that slow in Cutting Rates. It also suggests that the slow in Cutting Rates. It also suggests that the european | suggests that the European Central Bank had a very different tactic versus the Bank Of England and the us federal reserve. What does it tell about their thinking and whether the
Levels isnt yet hitting home. The energy bills should be coming down by now. Not from what ive seen. They keep putting the standard charge for electricity up and gas. But it doesnt feel like. The cost to go out for the day and eating and drink seems to be going up as well. Sometimes ijust dont even, like, pay for my wi fi because i cant, so we have to go without. Everything isjustl going up, isnt it . Everything. And you dont think that thats starting to calm down or stabilise . Anything you can see in your own bills . Maybe our gas and electric is i slightly better than it was or not as bad as it was getting, but apart from that, no, not really. The latest figures show food costs and prices in cafes and restaurants helping Drive Inflation down to 3. 1i last month the lowest level for two and a half years, well down on its 11 peak. From here, the Headline Rate of inflation is likely to fall below 2 , thats the governments target, driven by those falls in Energy Prices next month. But w
We will now fund the cost of their training in full. This will cut costs for businesses and Training Providers and support thousands more young people to start an apprenticeship. These announcements by the Prime Minister come amid a warning from the Industry Trade body make uk which represents 20,000 british manufacturers that output wont grow at all this year and wont be much better next, thats the findings of its latest survey of members published today. Joining me now is make uks chief operating officer, ben fletcher. This survey is quite stark. Facing the prospect of two years of anaemic growth, yet your survey suggest that your members are still pretty optimistic. Your members are still pretty optimistic your members are still pretty 0 timistic. ,. ,. ,. , ~ optimistic. Join the dots for me. A lot of this comes optimistic. Join the dots for me. A lot of this comes from optimistic. Join the dots for me. A lot of this comes from the optimistic. Join the dots for me. A lot of this co
We will now fund the cost of their training in full. This will cut costs for businesses and Training Providers and support thousands more young people to start an apprentice. Make uks Chief Operating Officer is ben fletcher. A little earlier he told me why his members were still quite optimistic, despite a difficult outlook,. A lot of this comes from the fact that manufacturers are an extremely hardy bunch. They are, by definition, problem solvers. They are about how you take a problem and fix it and get through it. Our members have always been resilient and optimistic and positive, and they have a great deal of faith in they have a great deal of faith in the work they do in the sector. I think the challenges, for a variety of reasons, loss of our markets and the integrated supply chain is that we are part of a cross europe, they are depressed because economy in all of our Major Trading partners are not strong at the moment. There are some significant and ongoing issues with Energy Pri