Our main story is the bank of englands view that Interest Rates will probably rise earlier than expected because of strong growth in the global economy. The key lending rate has been left unchanged at half of one per cent. But the banks governor, mark carney, said that increasing growth in the year ahead meant that action would be needed to control inflation. The pound surged leapt in value against the dollar, as our economics correspondent andy verity reports. If the whole economy performed like this manchester maker of branded clothing, its biggest problems would be almost solved. Its growing fast, exporting to europe and boosting productivity through investment. And while inflation caused by the weak pound boosted its costs, its been able to absorb out and carry on winning new orders. The last 12 months, weve grown by 20 in the uk but europe has been much stronger than that, so we have more than doubled the growth rate in the uk. Im cautiously optimistic about the future. We are mak
Industrial average was up 6 . A typical year on average is that the market is up 8 or 10 for the entire year. Reporter investors have been making money, and those that are overly concerned about mondays drop should consider that on black monday in 1987, the dow jones lost 22 1 2 of its value. In october, it shed 18 of its value. We have a buying opportunity and stocks are on sale. Reporter mcbride said that it does not mean that Certain Companies are not a safe investment. Last quarter, the fourth 1 45 thousand 17, apples revenues were 88 billion. This is a company that is making almost 1 billion everyday. It is incredible. Reporter the volunteer to the volatility volatility also affects peoples retirement plans, but there is no need to be overly concerned. If you panic and sell when the market drops, and sit on the sideline until there is a big recovery, and any people did this back in 2008 and 2009. They waited a couple of years to get back in, and they are much worse off for doing s
Where 3,000 of the worlds top business and political leaders are attending the World Economic forum. Among those arriving today, us president donald trump. What will he make of the theme of this years meeting strengthening cooperation in a fractured world . Concerns over his America First policy have helped send the dollar to a three year low. Us treasury secretary Steve Mnuchin provoked a further steep fall on wednesday by saying a weaker dollar was good for the us in terms of trade. This week the president signed new protectionist measures against foreign goods slapping tariffs of up to 30 on chinese solar panels and up to 50 on south korean washing machines. He has also, of course, threatened to pull out of the north American Free trade agreement with neighbours canada and mexico worth 1. 2 trillion dollars. Talks to try and save it are under way this week the stakes are high. China, mexico and canada are the usas top three trading partners accounting for over 45 of its foreign trad
Changes, but mostly about his decision making. He has some huge weapons in his game. Hello. Welcome to the programme, were live until 11 this morning. Well get figures after half 9 which will give us an idea of the number of rough sleepers across england. If youve been homeless at some point in your life do let me know about your own experience, how it happened, what effect it had on you . And how you got back on your feet. And ill share your insight with the nation. You can email, message me on fb, use the hashtag victoria live and if you text, you will be charged at the Standard Network rate. Our top story today. The Education Minister Nadhim Zahawi has been reprimanded by number 10 for attending the men only charity dinner. Is mr zahawi attended the president s clubs function at the dorchester hotel, where women employed as hostesses say they were groped. The minister said he felt uncomfortable and left the event early. Alexandra mackenzie reports. The annual president s club dinner
To explain his presence. Tens of thousands of free water refill points will be set up across england in a bid cut the number of plastic bottles being thrown away. Three Million People fall victim to scams, tricked out of millions of pounds a year. So theres a new scheme launched today to warn people of the dangers and how to spot dodgy deals. Ill look at how it works. Im Still Standing after all this time. A long goodbye from sir eltonjohn as he announces an end to touring after 300 more concerts. And matt has the weather good morning. Nowhere near as work and indie out there this morning but cooler, most start dry but showers developing later. Details on that and yourfull developing later. Details on that and your full weekend forecast coming up. Thanks, matt, see you later. Good morning. First our main story theresa may will use a speech at the World Economic forum in switzerland to put more pressure on Technology Companies like facebook and twitter to tackle extremist material onlin