welcome to the programme. there are tentative signs that inflation is coming under control, and the recession forecast last year will be shallower and shorter than expected. butjust to make sure, the central banks are raising the interest rates again. yesterday it was the fed, today the bank of england increased the base rate, half a point, to 4% the highest it has been in m years. we think inflation will come down rapidly, and a lot of that is down to energy prices, which have fallen rapidly. but i m afraid there are big risks out there which mean that it may not happen in that way. yet we re still seeing stronger pressure from price and wage setting in the economy in the question is, will that start to ease off? coinciding with the bank s decision came a profit announcement from shell and a rather blunt illustration of why we re all getting poorer. the oil and gas giant has reaped profits of £40 billion last year. the taxman has reaped far less. shell said it paid $1
assess his momentous life. also tonight. in pakistan, 33 million people are now said to be affected in some way by the worst flooding in the country s history. floods happen during the monsoon here every year but not like this. britain s pub chains say that without urgent government help the industry will be devastated by rising energy bills. and the british number one emma raducanu says it s all about positive energy as she prepares to defend her us open title. and as well as the latest from the us open. coming up on the bbc news channel, there s a saints stunner at southampton. we ll have all tonight s premier league action. the former soviet leader mikhail gorbachev, one of the most influential statesman of the 20th century has died at the age of 91. the news was announced by russian news agencies within the last hour. mikhail gorbachev came to power in 1985 and ended the so called cold war between east and west, a process which led to the reunification of germany eventual
accumulations with the darkest blues and greens through northern ireland and greens through northern ireland and into south west scotland, perhaps through the weekend we could see as much as 50 100 millimetres of rain. the rain has already arrived and it may well be here for quite some time. you can see heavier pulses pushing into western scotland and northern ireland, so that s going to stay out of the west through the night tonight. a few scattered showers further south and as we go into saturday morning it looks likely that we will continue to see that rain certainly it s going to be quite a nuisance. elsewhere it will be sunny spells and scattered showers. some of the showers could be heavy but some of you actually will miss the showers, keep the sunshine and just like today, you will get some warmth. top temperatures around 2a celsius, the low slips a bit further south and west. the wind squeezed together overnight into sunday and that will kick another weather front out
investigate the alleged war crimes. ukrainian police say they have already found the bodies of more than 1200 civilians in the kyiv region alone. and, a huge tunnel has been discovered running under the mexico us border, with its own rail track, electricity and ventilation system. authorities say it was being used to smuggle drugs. hello, and welcome if you re watching in the uk or around the world. the uk s rate of inflation the measure of the rise in the cost of living has hit its highest level for a0 yea rs. and the rate at which it is increasing is the fastest since records began. it reached 9% in april, up from 7% the month before. that means the prices we pay for goods and services are on average 9% higher than they were last year. most of the rise was due to the large increase in energy bills after the lifting of the price cap last month. the chancellor rishi sunak blamed higher global energy prices he said the government could not protect people completely from
palestinians out of gaza. khan younis and rafah were struck by strikes on monday. there are reports dozens of israeli tanks have been seen near khan younis. hamas is considered a terrorist organisation by the us and uk governments. israel says hamas fighters are hiding in the south. we says hamas fighters are hiding in the south. ~ , , the south. we pursue them in northern gaza, the south. we pursue them in northern gaza, we the south. we pursue them in northern gaza, we are - the south. we pursue them in northern gaza, we are now i the south. we pursue them in - northern gaza, we are now pursuing them in southern gaza two. we are operating with maximum force against hamas terrorists and infrastructures while minimising harm to the civilians that hamas places around them as shields. them as shields. hospitals inside gaza are struggling them as shields. hospitals inside gaza are struggling to them as shields. hospitals inside gaza are struggling to shake - them as shi