Favour over the past month. Weve seen sterling rise that will help temper the Price Pressures from imports. Weve also seen other pressures in the markets where theyve been raising some questions about the Bank Of Englands credibility, as in Mortgage Rates going up without decisions being made that has all calmed down, too. And the public s expectations of where inflation is going, which were really very high, have now begun to temper. So thats also going in the banks favour. But a crucial issue is that they have raised rates by 5 the impact of that has really taken some time to filter through into the economy, there is sort of turning the type of rate rises on. Turning the tap. We are beginning to see the impact of that now weve seen in the Housing Market, weve seen it in some corporate insolvencies too. So that all leads back to this Balancing Act between crushing inflation, but avoiding a downturn its a tight rope and we are probably approaching the most narrow, trickiest part of tha
to allow millions of tonnes of grain exports from ukraine is extended just a day before it was due to expire. and chipping away at a new trade deal, the uk bets big on a semiconductor agreement with deal, the uk bets big on a semiconductor agreement with japan. hello, welcome, this is world business report, i m ben thompson and good news for the world, that is how the un secretary general as described an agreement with russia to continue allowing ukrainian grain exports via the black sea for another two months. the existing deal was arranged lastjuly, designed to tackle a global food crisis that was caused by russia s invasion of ukraine. one of the world s top grain exporters is of course ukraine. that deal was due to expire today, thursday. here is what the un chief had to say about the importance to world food supplies. these agreements matter for global food security. ukrainian and russian products feed the world. with the black sea initiative more than 10 million tonnes
following allegations of inappropriate behaviour made by four women. clashes break out following last night s match between west ham and az alkmaar when fans of the dutch side tried to attack people in the guest area for west ham. welcome to bbc news. it is a day of two important summits with the war in ukraine being the common theme. at the g7 gathering injapan, world leaders met to discuss a new round of sanctions against russia. while at the arab league meeting in saudi arabia president zelensky made a surprise visit, urging those attending, to support ukraine. he told the gathering injeddah that on this, the asoth day of the war the world needed to fight the virus of aggression from moscow stressing kyiv would not give up any sovereign territory to achieve peace. also making the headlines at that summit president assad of syria the first time he s been invited to the arab league since the devastating civil war, that s blighted the country. here he is
northern ireland but arriving late in the day. temperatures, high teens to low 20s and it will feel warm in the may sunshine and the sunshine is stronger this time of the year so there will be high levels of uv. are out for any level of time might be worth considering suncream. similar on sunday, best of the sunshine in england and wales, scotland and northern ireland cloudy and bright, one or two bits of rain and the temperature is similar, it s going to be quite a one weekend for most of us. nice one, chris, thanks for that. chris fawkes. that s it. more analysis of the main stories on newsnight coming up on bbc two with faisal islam but now the news continues here on bbc one as we join our colleagues across the nations and regions for all of the news where you are. i have a very good night. the economic ascent of china with significant consequences for production of electric vehicles, batteries and microchips. in this new world, does the uk have a strategy? china calls the
hello and welcome to the programme. tyre nichols, was a 29 year old black man. a father, a fedex employee, a keen skateboarder. three weeks ago, he was pulled over by the memphis police on suspicion of reckless driving. there was a confrontation after which tyre fled. and what happened next defies belief. five memphis police officers, who are also black, chased him down just 80 yards short of his mother s front door, they beat tyre so badly that, three days later, he died from his injuries. i am going to show you a picture of what tyre looked like before he died. just a warning it is hard to look at. the coroner said he had suffered excessive bleeding caused by a severe beating . the family have been shown the body cam footage. while each of the five individuals played a different role in the incident in question, the actions of all of them resulted in the death of tyre nichols, and they are all responsible. reverend al sharpton has spoken with the family and will deliver th