about about an hour or so ago, new detail coming in all of the time as those emergency services deal with it. the fire crews, the ambulance service, police are all there as the latest details on casualties have been made clear. 16 people have been injured including seven who are in a critical condition. we saw one of the earlier pictures showing the whole side of the building had collapsed there onto the straight. the number of casualties, 16 have been injured, seven in critical condition. let s talk to how journalists joining condition. let s talk to how journalistsjoining us condition. let s talk to how journalists joining us live on the programme. alice, tell us the latest that your hearing. the programme. alice, tell us the latest that your hearing. that your hearing. the latest i have heard were that your hearing. the latest i have heard were sirens that your hearing. the latest i have heard were sirens in that your hearing. the latest i have heard were sirens in
Was weaker than we expected in the Fourth Quarter of last year but we think the First Quarter of this year has been a bit stronger, which will lead the level of Economic Activity broadly when we thought it would be. 12 months Consumer Price inflation fell from 4 in december to 3. 2 in march, its lowest rate since december 2021. March, its lowest rate since december2021. 0. I march, its lowest rate since december 2021. 0. 1 higher than we expected in february. The decline was spread across food, core goods and services. Energy prices have also continued to contribute negatively to the Headline Inflation rate. As a lower 0fgem cap on Household Energy prices come into effect in april, we expect Headline Inflation to drop further to a level very close to target in the next few months. But we then expected to edge up months. But we then expected to edge up a again. This absence of data surprises is an indication that we are now getting back to more normal times, at least compared to the hig
Erin delmore explains why. Meta Ceo Mark Zuckerberg piqued investors interest when he predicted 2023 would be the year of efficiency and he won them over when he delivered on it. The stock nearly tripled last year. This year, meta shares are up another a0 . But on wednesday, meta released its First Quarter Earnings Report and shares initially slumped during after hours trading. Facebook s Parent Company did Beat Expectations on revenue and earnings, but it disappointed on its Revenue Forecast for the Second Quarter of the year. Higher expenses also weighed shares down. So wednesdays Earnings Report marked a back down to earth moment for the formerly red hot tech giant, and it moderates expectations for the months ahead as the company grapples over how to generate profit off of Generative Aland drum up Advertising Revenue in an increasingly crowded market. I spoke to tech analyst ray wang of constellation research, and asked him what he made of metas soft outlook. They outperformed in t
Of people around the world. Here in the uk, theres been another fall in the inflation rate, the global picture is somewhat mixed and thats giving central bankers the people who decide how much it should cost to borrow money plenty to think about. Uk inflation for march has been reported at an annnualised rate of 3. 2 . That data coming out earlier today. Thats a long way from its recent peak of just over ii . The latest figures show a fall in the cost of meat and furniture, among other things. But many forecasters had been banking on a more significant drop than this. So where does that leave the Bank Of England and its 5. 25 Interest Rate . There had been an expectation that the banks policymakers could reduce the cost of borrowing in may orjune, but many forecasters now think it could be later in the summer. The uks central bank has a similar dilemma to its us counterpart, where inflation is at 3. 5 after last weeks unexpected jump. And that stubbornness is why theres a Growing Warin