city kids on the high seas. ready to tack in three, two, one. it makes you just feel so powerful and strong. but it also makes you feel free. it has real, tangible benefits for the students that do it. it was pretty rough conditions, like 20 knots, wind against tide. let s keep behind, let s keep behind. the weather was crazy. right? and is the ambulance on the way, is it? the coastguard apparently lost contact with it. so when my parents first found out i was sailing, they were like, what s sailing? you re just on a boat. but once i qualified and now i m a sailing instructor, they realise that i m actually getting somewhere. it s not what they expected. the main reason why i do this whole programme is that it has real, tangible benefits for the students that do it. i ll probably use the helm one. sometimes it s hard for me to articulate myself. and when you re a boat with different people, you have to kind of communicate. if not, it can go wrong. so it kind of helped me g
our main story: the foreign secretary, david cameron, has said the uk had no choice but to take military action against houthi targets in yemen following weeks of attacks on vessels in the red sea. the uk and the us launched dozens of strikes on thursday night after houthi fighters had caused major disruption along the shipping route. simonjones reports. they are af typhoon jets called into action on thursday to strike targets in yemen. action the foreign secretary argues that the uk had to take stock writing in the sunday telegraph, lord cameron says. and this is what the houthi militia have been doing, targeting ships off the coast of yemen. sometimes boarding them, other vessels have been attacked with drones and missiles. what the group shows although to support. today marks the 100th day of the ongoing conflict between israel and hamas. yemen has a key strategic position in the middle east, especially when it comes to global shipping. the red sea shipping route typi
feeble-minded freaks called just stop oil. after seeing them, you would wish they just stop breathing. you see the protest they block traffic during rush hours which makes them persuasive as alec baldwin teaches gun safety. nothing inspires society better than acting like a total [ bleep ] last week when they pulled a traffic stunt, this happened. [ [cars honking] [applause] yeah, nothing like applauding violence. a few motorists stepped into remove the blockade. society was just trying to get his job or the embicile who have been laid through the thatcher era. [ bleep ] it is amazing, the police cuffed the motorists because he didn t have the right politics that would allow him to break the law. if only he were a drag queen racing to the library to read to orphans. but we see it more and more. here is the hierarchy and the protesters who have all the time in the world and get nowhere to get to and allow to break the law and impede your life. the guys stepping in and the
if you have just joined if you havejustjoined us it is time for the top business stories. we start here in the uk where in the next few hours the bank of england is widely expected to raise the cost of borrowing for the twelfth time in a row. the quarter percent rise most economists are predicting would take the bank s main interest rate to 4.5% the highest it has been in almost 15 years. the big question though will it be enough to start to get inflation, which is still running at more than 10% a year, under control? let s speak to katharine neiss she has held various roles at the bank of england and is now chief european economist at p gim fixed income. good to have you on the programme. iassume good to have you on the programme. i assume you are with the majority believe we are looking at a rate hike today of another 25 basis points. today of another 25 basis oints. . , today of another 25 basis oints. . , ., , points. that s right, that s the consensus p
rates to a 15 year high at 4.5% as it continues its fight against high inflation. and donald trump calls for republicans to let the us default on its debt rather than give way on biden s spending plans. hello. a warm welcome to the programme. this is world business report, i m ben thompson and we are going to start in the uk where the bank of england has raised interest rates for a 12th consecutive month. all of that as it tries to fight high inflation. uk interest rates were raised by 0.25%, while the bank said inflation would fall sharply in april but not as far or as fast as it previously thought. last month inflation slowed to 10.1% but that figure is still way above the bank of england s target. remember that target is 2%. let s speak to victorias, head of investment at interactive investor. lovely to see you. let s talk about what we have heard. first the interest rate itself because the interesting stuff is what the bank told us about what might happen next. a widely