correspondentjonathan blake. clu bs clubs don t pay the bills! stop on the strikes clubs don t pay the bills! stop on the strikes as clubs don t pay the bills! stop on the strikes as the - on the strikes as the government does not hope that afterjunior doctors walked out yesterday, they said the 6% rise offered yesterday was not enough. appointments and cancellations again, amounting to the ministers urging unions to the ministers urging unions to say yes to the increases offered, they warned they could be more common. i offered, they warned they could be more common. be more common. i think there will be a be more common. ! think there will be a new be more common. i think there will be a new wave be more common. i think there will be a new wave of be more common. i think there will be a new wave of strikes i will be a new wave of strikes in the nhs and what really needs to happen as the government needs to come to the table, pay a proper pay rise to these workers.
if you have joined if you havejoined us, you are welcome and we are looking at the top business stories. we start here in the uk, where there is some relief for millions of people facing soaring housing costs. lenders have started the new year by slashing the cost of mortgages as financial markets bet the bank of england will soon begin to cut interest rates from their 15 year high. from today banking giant hsbc becomes the first major lender to bring back mortgages below 4% since last march. it comes as rival halifax slashed almost a percentage point off some of its mortgage rates this week. and it s raised hopes of a price war between banks. hsbc is offering a five year fixed rate mortgage at 3.94%. it s only available to people remortgaging their home not to first time buyers. but it s far below rates of almost 6.5% that borrowers were facing just a few months ago. and it will be a welcome development for many uk households as our cost of living correspondent kevin peach
real frenzy of activity around this case. so, i promise we will return to that as soon as we have it. let s turn our attentions to the united states. the house of representatives has approved a deal to allow the us to borrow more money, days before the world s biggest economy would have started defaulting on its debt. the measure passed the chamber by a vote of 314 to 117, with defections on both sides of the aisle. the us senate must vote on the bill later this week before presidentjoe biden can sign it into law. joining me now is martin baccardax, senior editor, thestreet.com. was it game, set and match to biden on this deal? i think, to some degree, he can claim an incredible victory here, although ultimately he did want to separate this debt ceiling negotiation from his budget, and he had to concede at least some spending cuts along the way. so, he didn t get precisely what you wanted, but as you indicated, there was tremendous bipartisan support for the deal, including r
a family run fragrance firm has won a king s award for enterprise after growing exports 500%. we ll speak to the boss. could an easing of tensions between the world s economic superpowers be on the way? in a major speech in washington on thursday, us treasury secretary janet yellen has called for a constructive and fair relationship with china, saying a decoupling of their economies would be disastrous for both sides. secretary yellen also said she plans to visit china for talks. us china relations are in their worst state in decades with the biden administraton enforcing a strict export ban on advanced technology to china, which accuses washington of trying to stifle its modernisation. from new york, our correspondent samira hussain reports. it has been five years since the united states imposed tariffs on billions of dollars of goods coming in from china. they not only have trade relations but diplomatic relations but diplomatic relations between the two countries have