Increase wont come. Lets not forget that yesterday we heard that average uk wages were rising at their fastest pace in 20 years. Joining me now is Neil Shearing group Chief Economist at capital economics. Thanks very much for being with us today. Clearly it is pretty good news, but is it happening fast enough, oras news, but is it happening fast enough, or as fast as we had hoped . The fall in the Headline Rate of inflation, as you say, thats going to be welcomed by the Bank Of England. It takes a bit of pressure off them. But when you start to dig into the details of this report, i think perhaps there is still some uncomfortable reading there for the policymakers of the bank. As you mentioned, a lot of the fall in the Headline Rate, that is driven by what has happened to food and Energy Prices and that is out of the banks control. Interest rates dont tend to affect the price of our energy or food. Those are set in global markets. What they do affect his conditions in the real economy,
Necessarily played out a great deal in womens football. In womens football. It has surpassed in womens football. It has surpassed so in womens football. It has surpassed so many in womens football. It has surpassed so many expectations and packed out the partisan crowds. Many expected sweden to get the final and obviously they have got to get through these next 45 minutes, but what a chance. This through these next 45 minutes, but what a chance what a chance. This is a historic da for what a chance. This is a historic day for both. What a chance. This is a historic day for both, potentially, what a chance. This is a historic i day for both, potentially, certainly australia who have never got this far in the competition before. England have reached three world cup semifinals but never gone that extra stage to the final. This is the first time they have got past any major semifinals when they won the euros last year. For them this is a hugely significant game, particularly because the on
After lifeboats from the uk joined the search operation. Many of the survivors had been in the sea, screaming for help. Others had been trying to bail out their sinking boat using their shoes. Translation they were in trouble. Some were suffering from seasickness and the boats are quite simply overloaded. They overload the boats and so the boats can no longer move forwards. The last boat was too full. These pictures taken earlier in the week showed just how many people can be crammed into flimsy boats in the worlds busiest shipping lane. The french Authorities Say they will only intervene at sea if a boat gets into difficulty. The mp for dover is calling for a new approach. This is an absolute tragedy today in the channel, and my thoughts and prayers are with all those affected. What we now really need to see is the french stopping these unseaworthy and overcrowded vessels getting into the channel in the first place, and a joint channel security zone. Charities supporting refugees say
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