We have continuing coverage of the story on bbc news. Countdown serve the fed, the us Central Bank is expected to cut Interest Rates in the next couple of hours. The question is by how much. Also ahead, Uk Inflation hold steady in august but as the Bank Of England finally slaying the dragon . And The Party is over for tupperware as the 78 year old firm filed for bankruptcy. We lift the lid on what went wrong. Welcome to business today. We start in the us where the federal reserve is poised to cut the cost of borrowing for the first time in four years. That decision comes in less that three hours. It will come at two oclock eastern time. Americas Central Bank cranked up Interest Rates for the highest in two decades to get soaring inflation under control. Lets take you live to New York and talk to our North America Business correspondent. Investors are betting on a cat but the Big Question is how deep that cut will be. Indeed. Thats the deep that cut will be. Indeed. Thats the interestin
a man has been arrested by police in the us state of illinois after six people were shot dead at an independence day parade. a bbc investigation has found that children as young as 11 have been housed in temporary accomodation as record numbers are placed into care. 50,000 people have been put on evacuation alert as floods hit sydney for the third time this year. and cameron norrie, the last brit standing at wimbledon, is trying to reach his first ever semifinal, battling belgian david goffin. good afternoon and welcome to bbc news. the cabinet office minister, michael ellis, has confirmed that borisjohnson was aware of a complaint about alleged inappropriate behaviour by the mp chris pincher before appointing him deputy chief whip, but had forgotten he was told about it. lord mcdonald, the former top civil servant in the foreign office, said downing street had not told the truth when it said the prime minister was not aware of any formal complaints. labour s deputy leader,
performance at the result we wanted. now it s looking forward. liverpool go top for the time being, after coming from behind to beat crystal palace. and slade to the rescue for exeter, who score a famous late win to beat toulon on the opening weekend of european champions cup. also coming up on sportsday. a series victory for england s women in india, who seal a clinical win with another excellent bowling display. hello there and welcome along to sportsday this saturday, and after being named manager of the month for november, erik ten hag and his manchester united were brought crashing back down to earth at old trafford this afternoon, delivered a shock by bournemouth, who came away with a stunning 3 0 win. dominic solanke got the visitors off to the best possible start, with the opener after less than five minutes. headers from philip billing and marcos senesi in the space of five second half minutes completed the victory. bournemouth could have even had four, but the last