a very warm welcome to the programme. we begin here in the uk. it is the morning after that budget. the chancellor has insisted his first budget is transformational and will get people back into work. jeremy hunt set out major changes to pensions and benefits, as well as an expansion of free childcare in england, all designed to boost economic growth. the new pension tax rules will allow higher earners to save more into their pensions, tax free. the opposition labour party has said it s the wrong priority for the wrong people. emma simpson reports. at this nursery in south east london working parents like charlie love the idea of 30 hours of free childcare for those nine months and over in england. her daughter, dorothy, will hopefully qualify. will hopefully qualify. other to - line, will hopefully qualify. other topline, ecstatic, will hopefully qualify. other topline, ecstatic, i ve - will hopefully qualify. other topline, ecstatic, i vejust i topline, ecstatic, i v
we start here in the uk where investors are now betting the cost of borrowing will have to keep rising because inflation remains stubbornly high. that s despite a pledge by the government to bring it down, and a barrage of interest rate rises by the bank of england attempting to get it under control. just a few weeks ago, we were assuming that after 11 increases in a row, the bank would not have to raise rates much further. but on wednesday, there was a major rethink on financial markets, which are now pricing in three more rises this year, with rates hitting 5%. here s why. prices in the uk are still rising much too fast, with inflation at 10.1% in the year to march. that s a bit less than the 10.4% recorded in in february, but was still much higher than expected. economists were predicting inflation would fall into single figures. one of the biggest factors the soaring cost of food and drink. it s up over 19% in the past year. it s the fastest rise in 45 years accordi
has killed 19 people. the attack targeted a tuition centre holding a mock university entrance exam. many of the victims were teenage girls. first, newscast. hello again, jo. adam, it s been a while. making a triumphant return to thursday night television, although about an hour late. good evening. are you happy with your chair? i imagine it s top of the range chair. the question time share is. i always had it higher than any of the guests. i m quite tall. if ever you are lower, it was a nightmare because he couldn t control it. no moment but also, when you get bored you just pull the lever. chris, i just want to get your take of what was happening on local radio this morning. liz truss faced some really tough questions. yeah, she really did. it was a sort of wonderful quirk of the kind of political ecology. i was sitting on a train on the way back from the labour conference and bbc radio tees last night were tweeting that they had the prime minister on this morning, and peopl