hello and welcome to the programme. coastguards are intensifyng the search for a missing submersible near the wreck of the titanic in the north atlantic, as estimates suggest the five men on board could run out of oxygen in less than 20 hours. more surface vessels and remotely operated submarines arejoining in and the rescue area has widened. the us coast guard has confirmed that more tapping noises were picked up by a canadian team overnight, but locating them is proving extremely difficult. 0ur news correspondent carl nasman is in boston and has been telling me about the search. it s taking shape and it s taking on some new urgency as well with that confirmation that we are getting that some sort of noise or sounds were detected by canadian search teams. this was on tuesday, even into wednesday morning. we still don t know exactly what or who were making these sounds or even the exact location. but what it s also doing is giving these search teams a glimmer of hope. my coll
as you can see here, the rate of inflation in the uk has remained stubbornly high over the last few months adding pressure on the bank of england to raise interest rates again when it meets tomorrow. they re likely to be concerned that core inflation which excludes volatile food and energy prices actually rose hitting 7.1%. that s the highest rate since march 1992. bear in mind, the bank of england s target for inflation is 2% and its been falling in other countries. here s the uk finance ministerjeremy hunt. we don t have the clip at the moment. yael selfin is chief uk economist at the business consultancy kpmg and joins us from london. we heard from jeremy hunt earlier and he said it is a surprise, and it is one of their targets to get inflation down, but it is proving to be harder to do and easier to say. it is proving tricky and there are a number of reasons, one of which is we have a very tight labour market, tighter than in other economies, especially in europe,
stories from around the world. we start with that masive search off the newfoundland coast for a missing submersible, near the wreck of the titanic. us coastguards have confirmed that underwater noises have been detected. this is happening a long way off the coast in a difficult search area thatis coast in a difficult search area that is expanding. on the songs that have been picked up by canadian aircraft, we know that they took place this morning and last night and that search pushes vessels have headed toward those noises but we don t have confirmation as to what s mission and noises. five people are on board. four adults and a teenager. the latest guess is about 20 hours of oxygen left on board. that s school life to man in boston for us. ~ ., ., for us. where continued to get more details from for us. where continued to get more details from that for us. where continued to get more details from that press for us. where continued to get more details from that pr