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life in washington this morning. >> good morning, ashley and todd, the warships scouring the plexi unlikely to find anything according to top -- i don't know if we can recover or not, but we will certainly have to do that and have to deal with it. the u.s. top officer said not sure if there fighter bit to make jet meant to call her life crushing down into the sea 30,000 feet about 75 miles southwest of crimea. >> it went over and landed in the black sea. it is probably 4,000 feet of water. to that depth. but there is a little bit more aggressive actions being conducted by the russian...

welcome to the programme. it was budget day here in britain today. a big set piece annual event in which the chancellor stairs into the crystal ball, and tries to predict the future — and how best to steer the uk economy through it. the obstacles in his way are common to europe and the united states. high inflation, higher interest rates, and since the pandemic, an intractably acute labour shortage. this graph trackjob vacancies across europe since august 2022, historically high after the pandemic, but you will see the uk, the red line at the very top, is struggling more than most....

Confidence in the integrity of the banks. ashley, taught. >> todd: all right, brooke, thank you very much. they director of madison ventures plus first-hand experience of silicon valley bank. he's got money there! the bank want you to keep your money they are nco said your portfolio companies to move funds in the past week, please consider moving some of them back as part of secure deposit diversification strategy. are you moving your money back, mitch? >> heck no. i will clear that up for you, todd. probably more viscerally reacting at the time. here is the backstory, i was involved in a deal...

Inflation — said, in the previous segment inflation is still in a place where americans— inflation is still in a place where americans are feeling it in their pockets — americans are feeling it in their pockets and europeans as well for even _ pockets and europeans as well for even if _ pockets and europeans as well for even if things aren't rising to the cost that— even if things aren't rising to the cost that they were five or six months — cost that they were five or six months ago people are so having a really— months ago people are so having a really hard — months ago people ...

Start to get government dialling back on— start to get government dialling back on its spending just as the bank— back on its spending just as the bank is — back on its spending just as the bank is raising interest rates, so, both— bank is raising interest rates, so, both of— bank is raising interest rates, so, both of those factors generally are not very— both of those factors generally are not very positive for the economic picture _ not very positive for the economic ticture. ., , , not very positive for the economic itcture. ., , , ., picture. really interesting, thanks very mu...