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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 consens ....
and this week was a most embarrassing charade yet. plus, stopping another santos congressman ricky torres joins me to discuss this legislation that would block politicians like george santos from lying to voters, and the hit swell they just keep on coming. fox has been slept with another defamation lawsuit, we ve got the details of their latest legal debacle. i m ayman mohyeldin let s get started. this week after four months of endless investigations, weeks upon weeks upon conspiracy arnold fox cameos, and countless promises of seismic revelations of a soprano asked biden family criminal enterprise, james comer and his republican allies from the house oversight committee held a crop press conference to announce, wait for it, nothing. nada. zilch. no evidence connecting president biden to any wrongdoing whatsoever. all of that work and in unity produces five-page memo showing no specific allegations of a crime committed by biden, or any of his relatives. in other words, ....
fox has been slapped with another defamation lawsuit. we have the details of their latest legal debacle. i m ayman mohyeldin, let s get started. this week, after four months of endless investigations, weeks upon weeks of conspiracy adult fox cameos and countless promises of seismic revelations of a soprano-esque biden family criminal enterprise, james coburn and his republican allies on the house oversight committees held a press conference to announce, wait for it, drumroll please. nothing, nothing, zilch, no evidence connecting president biden to any wrongdoing whatsoever. all of that work and innuendo to produce a 65-page memo showing no specific allegations of a crime committed by biden or any of his relatives. in other words, it was a flop and that is good news for two reasons one, we obviously don t want the then vice president to be tangled in criminal activity. and to, it makes this years-long smear campaign against joe biden harder to continue. and that was the ....
rates are expected to rise from 4.25% to 4.5% as the bank of england tries to rein in soaring inflation. inflation is still running at over 10% and at a as year high, largely driven by soaring food and energy prices. the bank rate is already at its highest level for m years, and further increases will pile more pain onto borrowers, particularly homeowners through higher mortgage rates. let s look ahead now with azad zangana, senior european economist & strategist, schroders. this deal we will get in half an hour but it feels done and are priced n. it hour but it feels done and are riced n. , hour but it feels done and are priced n- hour but it feels done and are ricedn. ,, , . ,. priced n. it is pretty much expected end has been priced n. it is pretty much expected end has been flagged priced n. it is pretty much expected end has been flagged for priced n. it is pretty much expected end has been flagged for some - priced n. it is pretty much expected | end has be ....
get lost, goof ball. ice cream? you said ice cream? girl like ice cream. come on, that s not going to work. i want to make sure i m not analogizing myself to scarface. you had to talk to people and pick-up lines like that didn t work. some guys keep trying and using them and hitting on girls no matter how many times they get blown off. and joe biden he is one of those guys. in fact, you could say joe biden is a testament to persistence. he has been flirting with america for 50 years. trying to romance us into making him president. and he was denied time and time again. until finally in 2020, america got into bed with biden. the average voter didn t know much about biden even though he had been in washington for 50 years. during a presidential campaign he largely hid away from the public. hid away from the basement. while the media and the big tech essentially ran the campaign for biden. then biden blew it. and now everybody wants out. but now biden is trying ....