First a Welcome Development here in the uk. Inflation fell sharply to 6. 8 injuly, from 7. 9 injune. But it still means prices continue to rise. Prime minister rishi sunak says it shows his governments plan is working, but he cautioned against complacency. The drop was fueled by lower energy costs. But Core Inflation which looks at price rises excluding food and energy remained unchanged. According to the office of national statistics, the rising costs of hotels, air travel, and rents are in Part Keeping Inflation high. Economists are still expecting Interest Rates the tool used by the Bank Of England to control price rises to be raised further. The bbc s economics editor faisal islam has more. The heat may be coming out of rising prices at supermarkets and convenience shops, and that can be seen, for example, in milk prices on the shelves of this shop in walsall. Overall they are still rising, butjust by less than they were. This area was, originally, about two months ago, all a pound
hello, welcome to the daily global, where we ll bring you the top stories from around the world. there been a second day of violence between is been a second day of violence between israeli forces and armed palestinians after a major raid by israel into the occupied west bank. 11 people have been killed in the operation in thejenin refugee camp, the palestinian health ministry says four of them were under 18. the israeli say the action was attempting to root out terrorists. palestinian authorities say it s a war crime. they say 3000 people have leftjenin, un operatives i alarm at the operation. demand has driven his car into people after a knife attack. 0ur internationaljeremy bowen is injenin and send this report. the israeli military released these pictures. their message? israel s enemies can expect no mercy. families caught in the crossfire managed to get out overnight. the impact on civilians is alarming un agencies, what they call the loss of life and the scale and seve
pressure as well. the main problem is that the company has nearly £14 billion of debt, so it has a substantial interest bill to pay every year. that interest bill is currently going up because interest rates are going up. some interest rate payments are related to inflation, which is very high. at the same time, it s having to spend over £1 billion a year in infrastructure, water mains, stopping leakage and there s a regulatory review coming up in a few years which may mean it will have to invest even more. thames water needs to raise money from somewhere but if it can t get it, the government is looking at options. we need to make sure thames water as an entity survives. there s a lot of work the government is doing on resolving sewage. up until now, the regulator has been focused on keeping consumer bills down but there is a lot of infrastructure work that needs to take place and we need that entity to survive. in a statement, thames water says it s working constructively
carried out air raids in the gaza strip, striking targets belonging to the islamichhad militant group. palestinian sources told the bbc that at least nine palestinians were killed in the air strikes which targeted the homes of three of the top commanders of the al quds brigade, the armed wing of islamichhad. civilians are reportedly among the dead. a bbc correspondent in gaza said explosions were heard throughout gaza city and rafah in the south of the gaza strip, causing panic among residents. we ll have more next hour. we ll be speaking to our correpondent in gaza city. to the us state of texas, where the driver of a car that struck a group of people at a bus stop killing eight, has been charged with manslaughter. it happned in the city of brownsville, texas, it happened in the city of brownsville, texas, which is right near the mexico border. police have identified the driver as george alvarez, a 34 year old brownsville resident with a lengthy criminal history. investigato
hello and welcome to the programme. as celebrations to mark the coronation of king charles enter the final day, people across the uk are taking part in community events. the big help out is urging britons to take on volunteering roles and members of the royal family have been dropping in on some of the projects. charlotte gallagher reports. after the glitz and glamour of the coronation concert, today s celebrations come down to earth. scouts and their volunteer leaders are just some of the thousands of people taking part in the big help out. and a famous face is getting involved too. it makes us all a better person when we get involved. we extend our network and meet new people and develop new friendships. we feel like we are doing something positive. and i love that. members of the royal family are at some of the events, including the prince and princess of wales and their children. they ve been in slough, helping the scouts with a bit of building work, with prince louis k