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fascinating snapshot of business. we will start with the economy, where it recorded a growth of 0.01%. they fell by 0.8%, underscoring the impact of the ongoing strikes on the cost of living crisis. hardly booming, but a far cry from the record breaking recession that the bank of england was protecting six months ago. on thursday, they announce a major rethink of its forecast, said the uk will avoid going into recession. the bank also raised its main interest rate again by .25%, but is why it sets. it is the 12th right in a row and puts the cost of borrowing at around a 15 year high. areal cost of borrowing at around a 15 year high. area i spoke to stephen nolan, a lecturer at liverpool in economics, and asked him why the uk is lagging behind the other common needs. . . , is lagging behind the other common needs. . ., , ., needs. there are a number of factors, needs. there are a number of factors. but needs. there are a number of factors, but when needs. there are a ....
dana. thank you very much. great to see you. all right, good evening everyone, i m alisyn camerota. welcome to cnn tonight. the u.s. is bracing for tens of thousands of desperate migrants to try to cross the southern border in a few days. that s when the trump era policy expires, that allowed some ministry quickly turned away. already, men, women, and children are lining up for food, sleeping on the streets. when 150,000 people are reportedly just across the border waiting to cross. but it s the responsibility of congress to pass new immigration laws. so, what can the biden ministration actually do? our panel has ideas. plus, nobody wants to live in fear that we re only a day or two away from the next mass shooting. this past weekend saw another one, eight people killed, this time at a mall in allen, texas. the shooter was a 33-year-old who served in the military for three months. but a defense official says he was terminated years ago because of a mental health conditi ....
i ll try to give you a fascinating snapshot of all the world of business and money. let s start here in the uk, where the economy in the first three months of this year recorded growth ofjust 0.1%. output in consumer facing services fell by 0.8% in march underscoring the impact of ongoing strikes and the cost of living crisis. hardly booming but a far cry from the record breaking recession that the bank of england was predicting six months ago. on thursday, the bank announced a major rethink of its forecasts saying the uk will now avoid going into recession. of course, talking about interest rates. the bank also raised its main interest rate again by a quarter of a percent to 4.5%. that s the 12th rate rise in a row and it puts the cost of borrowing here in the uk at a 15 year high. here s dr steve nolan, senior lecturer in economics at liverpool john moores university. good to see you. hardly the doom and gloom of the recession that was predicted, but let s ....
you are in the cnn newsroom. i m paula reed in washington. jim acosta is off. history unfolded before the world today. for the first time in 70 years, there is a new british monarch sitting on the thrown. god save the king! god save the king! king charles iii was officiaofficial ly crowned today at westminster abbey, a moment he s been waiting for more than seven decades. his wife, camilla, also received her crown, officially making her britain s new queen. tens of thousands of royal enthusiasts filled the streets through london to greet the royal family. the twitter account for kensington palace released this video a short time ago. cnn s max foster has more of today s highlights from london. god save the king god save the king. reporter: a day of destiny. the patient prince crowned at last. charles iii, king of the united kingdom and commonwealth realms. london stood still has well wishers lined the streets, huddled in the rain, to join the celeb ....
any strike by teachers, a huge knock on effect. most state school teachers in england had a 5% rise in 2022, and a 3% rise was recommended from this year. but the unions want above inflation increases, and to ensure pay rises don t come out of schools budgets. they argue they are playing catch up on pay over the last more than a decade. the government says it s a fair and reasonable offer and that schools would receive an extra £2.3 billion over the next two years. are you a pupil or parent off school and work today? how are the strikes affecting you? do you agree with what the teachers are doing? teachers please get in touch, too tell me why this matters. this morning are teachers right to strike? a pay deal for hundreds of thousands of nhs staff in england is expected to be settled later. ministers will meet health bosses and representatives from m unions this lunchtime. but some workers including nurses are still opposed to the offer, which includes a 5 ....