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the international monetary fund has released it's latest economic outlook, and it's grim reading for the uk. forecasts for growth this year have been revised upwards slightly for most major economies, with even russia growing at a faster pace than the uk according to the imf. the stronger performance for most is down to the reopening of china and more resilient labour markets, household spending and business investment. michelle fleury spoke to their chief economist to national monetary fund is sounding a little less gloomy thanit sounding a little less gloomy than it did a view mont...

we start today with the problem staring at us every time we go to the shops and look at our bank balance: the cost of living crisis. today we'll get the latest estimate of inflation here in the uk for the month of may. we'll go back to april to set the scene: inflation that month was running at 9%,' the highest rate here in the uk for a0 years. looking into the future, the bank of england has warned inflation might exceed 11% later this year as the prices of fuel and food put pressure on household budgets. the response by the bank of england has been to raise the cost of borrowing. r...

The transition to Electric Vehicle is the focus. It could mean less job security. Michelle fleury visited lordstown. Stretching across 64 acres, the factory is far from the picket line. But this site, a partnership between General Motors and a korean battery supplier, lg, is at the forefront of the United Auto Move to electric does. A Maintenance Technician here at the only american Battery Plants to be represented by a union. Seeing those machines move and make a sale. It was like a kid in the candy store. I was so excited. She loves herjob and said she had to vote or pay and benefits. Batter...

welcome to our look at the top business stories. i'm lukwesa burak. today, global markets will be watching the latest us inflation data for clues as to whether the federal reserve might move again on interest rates. inflation was 3.7% over the 12 months to september — which is the same rate recorded for august. while inflation has cooled significantly from last year, it remains higher than the 2% target. this month, the us central bank held its key interest rate at its current 22—year high as it seeks to stabilise price rises, which had recently reached near—record levels. join...

widodo�*s indonesia is no exception. from jakarta, our asia business correspondent, nick marsh, reports. this is a country on the move. super high—speed rail has come to indonesia. whoosh was built by chinese engineers and financed with chinese loans. once upon a time indonesia's largest trading partner was the united states. that train has left the station. now, it is china. they were given the nod to build this over america's ally and the master train makers, japan. this train is notjust the testament to chinese engineering. the fact it was chosen overjapan�*s offer is a vote...