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yeah. my tip is don t grow a moustache during a pre heat wave. anyway. right. that s enough about me. well, the news more has emerged about the resignation of lord geidt, who was the prime minister s independent adviser on the ministerial code. now, vicki, you ve been following the story today on the news and we ve learned a lot more about what was going on we think so, we ll come to that in a second. but chris, just for people who the ministerial code is not an important part of their life, like it is for us i don t know if you carry a copy around in your in your briefcase. yeah. ..why is it such an important thing, the ministerial code, and what does the independent adviser kind of do? why are they such an important figure? well, it matters because it kind of sets out the rules, | the conventions about how ministers, including - the prime minister, should go about theirjob and overseen. by an independent adviser who looks at, when asked| by the prime minister, - t ....
on heatwave alert, outdoor public events have been banned in an area of france, spain, italy and the uk have experienced high temperatures. those are the headlines. at ten o clock, huw edwards will be here with a full round up of the days news. first, it s newscast. hello, i m the studio. i should accet hello, i m the studio. i should accept i m hello, i m the studio. i should accept i m growing hello, i m the studio. i should accept i m growing a - hello, i m the studio. i should i accept i m growing a moustache because i accept i m growing a moustache because i didn t mention it last week because i didn t mention it last week. , because i didn t mention it last week- no. - because i didn t mention it last week- no. it - because i didn t mention it last - week. no, it unfolded. week. didn t you? no, it unfolded. yet another week. didn t you? no, it unfolded. yet another benefit week. didn t you? no, it unfolded. yet another benefit of week. didn t you? ....
Things which we will come onto but i don t think it means they have forgotten it, or forgiven it necessarily. business journalists like yourself have had a busy day because interest rates have gone up to 1.25% which compared to many years before, it seems really high. it seems high, the highest since 2009. it s not that high but the fact it has been incremental leap going up so something up and i remember being in darlingtonjust before covid broke and interest rates drop 20.i%, hoping we would all start spending because the economy seem to be slowing down with the fear of this virus you might not have heard of. at the moment, we know inflation is at 9%, predictions it will go up to io%, ii%. the idea is increase interest rates, look at our bank accounts and say, i don t want to spend too much because credit is expensive and i don t want to get into more debt and if i save i m making it up so it slows down from spending. but we can charge a bit more because they are buying ....
Gone up to 1.25% which compared to many years before, it seems really high. it seems high, the highest since 2009. it s not that high but the fact it has been incremental leap going up since december, and i remember being in darlingtonjust before covid broke and interest rates drop 20.i%, hoping we would all start spending because the economy seem to be slowing down with the fear of this virus you might not have heard of. at the moment, we know inflation is at 9%, predictions it will go up to io%, ii%. the idea is increase interest rates, look at our bank accounts and say, i don t want to spend too much because credit is expensive and i don t want to get into more debt and if i save i m making it up so it slows down from spending. but we can charge a bit more because they are buying at the moment but were not buying. the reason inflation is high is because of scarcesity of resources, ....
Resigned after 2 weeks of protests against corruption and sectarianism opponents say hariri is departure is not enough to satisfy their demands they want a complete overhaul of the political system. the u.s. house of representatives has voted to recognize the mass killings of armenians by autumn and turks a century ago as genocide the house also called for sanctions on iraq for its invasion of northern syria turkey condemned both electronic device this is t w news from berlin for more follow us on twitter at d w news or visit our website that s you thought call. you re watching the news coming up in that news and business news germany s infrastructure is crumbling the economy is stalling and interest rates are near 0 so is it tough for germans to end their obsession with saving and start spending. ....