secured their biggest pay rise since 1991, giving the central bank the confidence to make its move. one that puts decades of deflation in the rear view mirror. lets go live to shizuoka in japan and seijiro takeshita professor at the univesity of shizuoka. good to have you on the programme. we knew this was coming, it has happened, give us your reaction. us your reaction. well, as you said, it us your reaction. well, as you said. it was us your reaction. well, as you said, it was expected - us your reaction. well, as you said, it was expected because of the pre requisites were set, basically, 5.2% increase by larger companies, pay rise. we expected only form per sense of that history very well. we have the inflation target which is to present a morejust been fulfilled so basically, prerequisites for lifting off from this secure operation of negative interest rate is finally here. it negative interest rate is finally here. finally here. it is finally here, finally here. i
u.s. district court in los angeles, california. hunter biden is there as we speak. he s being arraigned formally on the nine federal tax charges. prosecutors are alleged that he engaged in a four-year scheme to avoid paying millions in taxes. we re on top of that. i m neil cavuto. glad to have you with us. let s get to it with kelly o grady who is there and how things are going now. kelly? neil, the hearing is expected to get underway any minute now. this is going to be hunter biden s first appearance in court over these charges. he arrived at the courthouse behind me roughly 1 1/2 hours ago or so. it was very much in contrast to yesterday s chaos on the hill. the arrival was planned. he was driven in to underground parking. today he s facing nine charges of tax evasion, three of those will be felonies. according to the indictment as you mentioned, he failed to pay $1.4 million in federal taxes from 2016 to 2019. he did, however, spend millions on a lavish lifestyle. there
instability and rising mortgage rates for some time to come. downing street says the prime minister is now focussed on ensuring economic stability, but with most of her plans now ripped up, we ll be asking whether liz truss can survive, and getting reaction from voters. also this lunchtime the head of the metropolitan police says hundreds of his officers should have been sacked for gross misconduct. civilians rescued in the ukrainian capital after an attack by russian kamikaze drones. and against the odds, scotland s cricketers beat the west indies in one of their greatest ever victories. and coming up on the bbc news channel scotland have made a winning start to their t20 world cup campaign with a shock defeat of the west indies in australia. good afternoon. the new chancellor, jeremy hunt, has scrapped almost all of the key measures in last month s controversial mini budget, in the latest in a series of government u turns. in an emergency statement, aimed at reassurin
government s in panic. the country will pay a lasting price for putting is through this ideological experiment and will pay a lasting price through economic instability and rising mortgage rates for some time to come. and in other news. the head of the metropolitan police says hundreds of his officers should have been sacked for gross misconduct. civilians rescued in the ukrainian capital after an attack by russian kamikaze drones. scotland s first minister nicola sturgeon has set out her economic argument for leaving the uk, including plans move to a scottish currency when the time is right . the new chancellor, jeremy hunt, has scrapped almost all of the key measures in last month s controversial mini budget, in the latest in a series of government u turns. in an emergency statement, he abandoned indefinitely the planned 1p cut in the basic rate of income tax, that had been due to come in next year. help with energy bills will now only last until next april instead of for