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let s get down to business now. in just a few hours, the federal reserve america s central bank will make a decision on interest rates. it s pretty clear the cost of borrowing will go up but the question is, byjust how much. our north america business correspondent samira hussain reports from new york in the united states the cost of living has hit the highest level in more than a0 years. everything is more expensive. in the last year, the cost of food and vegetables is of more than 8%. today, £1 of beef is $5. last year it was $a.a0. the price of petrol has skyrocketed by 60%. and this is not a uniquely american problem. great prices are soaring around the world. the federal reserve, like other central banks is raising rates to curb inflation. here on wall street most people believe the policymakers will raise by .75%. but there are those believe the fed may adopt a more aggressive policy and raise the rates by a full percentage point. such is the urgency of combating r ....
use all the means russia has, and that his words are not a bluff translation: | repeat, | we are talking of a partial mobilisation only. only people in the military reserve will be drafted. the priority will be on people who served in the armed forces, who have military specialisation and experience. and ongoing crisis in maternity care. the royal college of midwives were in warns that new research shows that many units in england do not meet safety standards. the bbc obtains new material relating to the death of footballer emiliano sala, with the pilot of the plane which crashed calling it dodgy before it took off. welcome to bbc news. businesses could have their energy bills cut by a third under new government plans. we re expecting more details this morning, but the measures are believed to include a cap on wholesale energy costs for businesses which currently don t have an energy price cap. it is thought the limit will be 21.1p per kilo watt hour for electricity, ....
Faster rate each month. while the telecoms companies are betting on the billions they ve ploughed into 5g paying off, they won t be relying on their sales this christmas to bring it all home just yet. zoe kleinman, bbc news. finally, if you are in the uk, tomorrow you re being encouraged to shop locally and support small businesses. the annual event small business saturday has been running for a decade now and is aimed at showing appreciation for the local companies who, in the words of the organisers, are the life and soul of our economy, society, and communities . michelle 0vens is director of small business saturday. just outlined some of the challenges, if you will, as to what businesses are facing at the moment. what businesses are facing at the moment. thank you. it is of course a challenging the moment. thank you. it is of course a challenging time. - the moment. thank you. it is of course a challenging time. you | course a challenging time. you can see a tonne, every ne ....
0vens, director of small business saturday. if you have been watching on bbc news and bbc one, thank you, it has been a pleasure. you have breakfast coming up very soon. for world view is, you have me for another hour. see you soon, goodbye. hello. fog has been quite a big feature of our weather over the last few days in some places, quite persistent and reluctant to clear. and there will be fog around to start friday morning once again. however, that fog should start to lift and clear to give some spells of sunshine, with a bit more of a breeze developing. but a really murky start for parts of east wales, the midlands, down into the west country but there is some mist and fog and low clouds to be found elsewhere, as well. through the day, though, with the easterly breeze starting to pick up, some of that mist and murk and low cloud will lift to give a bit more in the way of sunshine. some showers feeding into eastern england. northern england likely to stay quite cloudy for much o ....
Businesses? would like to see for small businesses? ., , businesses? there have been ste -s in businesses? there have been steps in the businesses? there have been steps in the right businesses? there have been steps in the right direction. . steps in the right direction. the increase to business rates relief announced in the budget a couple of weeks ago, 75% relief for retail and hospitality, a massive step in the right direction. rates are a huge burden for high streets in particular. i think the biggest challenge for small businesses continues to be energy costs, and whilst some of those have been mitigating with the energy support, a lot of businesses i still finding they are getting crippling energy bills coming in and i think we need to continue to look at that. that has a horizon on it, almost a stop in april next year. i think what is clear to businesses, we need a longer term plan for support, particularly on energy, which has gone from being a small bill to the biggest f ....