rates to a 15 year high at 4.5% as it continues its fight against high inflation. and donald trump calls for republicans to let the us default on its debt rather than give way on biden s spending plans. hello. a warm welcome to the programme. this is world business report, i m ben thompson and we are going to start in the uk where the bank of england has raised interest rates for a 12th consecutive month. all of that as it tries to fight high inflation. uk interest rates were raised by 0.25%, while the bank said inflation would fall sharply in april but not as far or as fast as it previously thought. last month inflation slowed to 10.1% but that figure is still way above the bank of england s target. remember that target is 2%. let s speak to victorias, head of investment at interactive investor. lovely to see you. let s talk about what we have heard. first the interest rate itself because the interesting stuff is what the bank told us about what might happen next. a widely
which operating on behalf of a country which denies all involvement. north korea. assignment which denies all involvement. north korea. assignment join which denies all involvement. north korea. assignment join me, - which denies all involvement. iif? ii i korea. assignmentjoin me, geoff white, to mejean lee for a gripping new series of the podcast. the lazarus heist. lazarus heist. you re life with bbc news. let s look at all of today s sports. here is betty glover with the details. hello, thank you very much. a big week of european football semifinals continued later with the europa league and europa conference league. we will talk more about those in the moment but we will start with the milan derby and it is inter milan who hold the advantage in their champions league semifinal. they took the lead at the san siro inside ten minutes through edin dzeko and thenjust a few ten minutes through edin dzeko and then just a few minutes later the former manchester united and arsenal