answer. let s get started victory lap, in his first ever over office address, president biden touts a big win on a bipartisan bid to avert a catastrophic debt default. we re live on capitol hill, with the presidents message to both parties, ahead. and campaign chaos. the twice impeached criminally indicted disgraced one term ex president is trying to get his job back. sparred with his florida for ron desantis on the campaign trail by power of political panel is standing by with what voters think of this bickering. e , later, making a splash. one woman who helped buyout more than 100 theaters across the country, so little girls could see an aerial who looks like them. she will join us live. all of this and more is coming up. good saturday morning to you all, i m katie phang. we start with a historic win for the country. united states will detect fall on its debt, avoiding a full blown economic meltdown. hours from now, president biden will sign the bipartisan debt limit bill
of living, what do they make of the chancellor s announcement? i m not going to pay stamp duty. it s a i m not going to pay stamp duty. it s a trickle down budget. sometime in the it s a trickle down budget. sometime in the future it s a trickle down budget. sometime in the future we it s a trickle down budget. sometime in the future we might it s a trickle down budget. sometime in the future we might see it s a trickle down budget. sometime in the future we might see a - it s a trickle down budget. sometime in the future we might see a benefit i in the future we might see a benefit if all goes in the future we might see a benefit if all goes well in the future we might see a benefit if all goes well for in the future we might see a benefit if all goes well for the in the future we might see a benefit if all goes well for the but in the future we might see a benefit if all goes well for the but the - if all goes well for the but the poor heed if all goes
we start here in the uk, where the bank of england has raised the cost of borrowing to its highest level in 13 years. the quarter of a percentage point rise, to 1.25%, was less than some were expecting. but financial markets are now betting uk interest rates will have to rise a lot further from here, to get control over soaring inflation. the worry is, too steep a rise in borrowing costs could tip the economy into recession. and the warning signs are already there. our economics editor faisal islam reports. on faisal islam reports. the outskirts of doncaster, a on the outskirts of doncaster, a successful business, the crown hotel, grappling with energy, food prices and wages going up at the same time that household income is being squeezed and now a relentless run of interest rate rises to hit some buyers on variable rate within hours. hit some buyers on variable rate within hours. with got a mortgage rate within hours. with got a mortgage and rate within hours. with got
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