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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, ....
The Foreign Secretary lord cameron has been injerusalem as the world waits to see how israel will respond to irans drone and missile attacks last weekend. Lord cameron has had talks with the israeli Prime MinisterBenjamin Netanyahu. From jerusalem, our diplomatic correspondent, James Landale reports. More than 300 drones and missiles were launched at israel from iran, an unprecedented attack that thrust an unprecedented attack that thrust an old war Out Of The Shadows and into the open. The men and women around this table have decided to retaliate but it is not clear when or how. Their allies are urging restraint. The message of lord cameron reinforced when he met his counterpart injerusalem, asking ....