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where they are, let's keep them high to show financial markets that we are serious about fighting inflation and wait until it comes down before we loosen. of course the criticism here is that, and the bank's own analysis shows that, that it takes 1.5 years for the full effect of interest rate increases to ripple through the economy, so we might well be in a situation where we have kept rates very high for quite a while and that is really pummelling the economy, we are getting low or even negative growth and inflation is even below target. so it's understandable why the bank of englan...

we start with some breaking news. the bbc has learned that a police officer working as part they were telling us they were contacted by the gambling, and these are these officers that are allocated in this and don't like incense. —— in this is it. obviously, they will hear things about what a prime minister is played inc. . they were looking into these alleged bets around one of their officers. the metro police telling me that they matter was immediately referred to officers in the directorate of professional standards. they open investigation. to put it in another language, whil...

We will then go on to conduct whatever— we will then go on to conduct whatever balloting are necessary during _ whatever balloting are necessary during the course of monday, and when _ during the course of monday, and when we — during the course of monday, and when we reach two final candidates... audio loss within the ii w i] within the [i will hand over, to talk within the — . will hand over, to talk about... i i went out and over to the party chairman— i went out and over to the party chairman to talk about the members statements. _, ., chairman to talk about the members statements-...

And, you know, that covers everything from basically the end of the second world war up to where we are now, and it's covered generations. and it will be a huge cultural shift as well. ten seconds. well, growing up in canada, i can say that i think- in canada, it'sjust not talked about. i i think everyone has enough respect for elizabeth that i no—one will talk about it when she's gone. i i think it's an open question. jeffrey kofman, brian o'connor, eunice goes, thank you all very much. thank you. bye— bye.

Are cutting management staff to streamline services. so lots going on with royal mail. we will be talking to somebody from the organisation about the new stamps and about delivery delays after eight o'clock. what we love to see this morning, if you do have stamps hanging around the house, or if you are philatelist and love collecting them, send us your photographs through the usual means, e—mail, twitter, facebook. we love to see your favourite stamp pictures because this is something that really gets people going. the more that we use online shopping, and ordering parcels and sending them d...