as many of us look forward to a summer holiday, the cost of being dropped off at the airport is now higher than ever. i ll have the details on how much it s gone up. it s gold in rome for keely hodgkinson. despite struggling with illness, she wins the european 800m title once again, with the olympics just around the corner. after a brighter, sunny start in central and eastern areas, rain in the west will cross us all except for the far east and it will be windy especially in the west. all the details later. it s thursday the 13th ofjune. our main story. labour will publish its election manifesto this morning, with sir keir starmer saying he is putting wealth creation at the heart of his plans for government. he s said there will be no surprises on tax and has ruled out increases in vat, income tax and national insurance. the conservatives have challenged labour to match their own range of tax pledges for families and businesses. our political correspondent damian grammaticas
shareholders are in favour. welcome to business today. i m sally bundock. we start in the us where the cost of borrowing will be staying higher for a while longer. the us federal reserve left its key interest rate unchanged on wednesday at its highest in more than two decades and signalled it only expects to make one cut this year. the fed though is predicting four more cuts in 2025. the decision came just hours after some encouraging news on its battle to control inflation. america s official consumer price index showed prices rising at an annual rate of 3.3% in may. that was down 0.1% on april s rate and was lower than expected. but it s still way above the fed s inflation target of 2%. erin delmore in new york has all the details. economic datasets can feel abundant, these are two big deal events. we ve only seen them happen on the same day seven times in the last decade. to start, the consumer price index. that s the key inflation gauge that held good news wednesday morni