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10 15pm on the 13th Of August on sunday, those two men were standing outside the nightclub, in south london, they were approached police say by a man who attacked them with a knife before running away. Both men are in their 20s or 30s, they were taken to hospital for treatment and have since been discharged, there has been no officers, officers are following up leads, they are crucial in the Ongoing Investigation what they described as a homophobic attack of the two men. We will of course have more on that story as we get it but now lets go to tie and write for the business news. Lets start with china. Weve had some worrying data this week fuelling fears about the health today, Property Prices fell for the first time this year due to flagging demand house prices fell by 0. 1 injuly, compared with the same month l ....
The economy too much. To dicsuss this further im nowjoined by the Bank Of England 5 former head of international surveillance, katharine neiss. She is now the chief european economist for pgim fixed income. Good to have no surprise that Interest Rates are still rising. Do you think that this is it . ~ ,. ,. , is it . The banker very clear today that if inflation is it . The banker very clear today that if Inflation Remains is it . The banker very clear today that if Inflation Remains resilientl that if Inflation Remains resilient at higher levels, then they could see Interest Rates are going higher from here. That said, to me, the really big mess ....
is the outlook a little brighter? that s the talk in davos as business leaders and top government officials discuss the recent changes in the global economy. china s move to drop strict covid controls is seen as a boost and now the international monetary fund may soon upgrade its economic forecasts. today, we ll get a sense of how challenging the economic environment is across europe. in a few hours time, we ll get the latest inflation numbers in the uk and eurozone. joining me now is katharine neiss, chief european economist at pgim fixed income. good to see you. let s start with the inflation figures. the uk - with the inflation figures. the uk will we see them coming down again today? uk - will we see them coming down again today? uk - will we see them coming down again today? we re getting uk cpi data down again today? we re getting uk cpi data for down again today? we re getting uk cpi data for december - down again today? we re getting uk cpi data for december la ....
a couple of hours. inflation was 3.7% in the year to september which is the same rate clocked for august. this month the us central bank held its key interest rate at its current 22 year high as it seeks to curb price rises. last week, the ratings agency moody s lowered the outlook for the nation s credit rating to negative from stable, citing those higher interest rates not backed up by policies to reduce spending. the us treasury secretary janet yellen has pushed back here she is speaking at the apec summit. this is a decision that i disagree with. the american economy is fundamentally strong and treasury securities remain the world s pre eminent safe and liquid asset. we have enjoyed over the past several years a historically fast economic recovery from a deep recession, our unemployment rate is near historic lows, inflation has come down significantly and our economy grew by almost 5% in the third quarter. economy grew by almost 596 in the third quarter- th ....