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hear in the next few minutes? >> reporter: they are walking into the room where they will have this bilateral meeting, this is at a hotel here in hiroshima. the president there shaking the prime minister's hand. and this is real an important moment. u.s. officials say that they view prime the prime minister a political ally in the surprising role that he has taken over the war in ukraine and applying sanctions on russia that haven't been a guarantee. so you hear a lot from american officials how pleased they are at how strong the relationship has become. this summit only takes place ...

yes, a very warm welcome to all the business news. and we start here in the uk, where skyrocketing inflation is causing big problems for retailers. just how big will be revealed in a few hours when we get those retail sales numbers forjuly. if we look back, sales fell 0.1% month—on—month injune, and that was a better—than—expected result as rising energy and fuel prices dented consumer confidence. now that inflation is topping 10%, the british independent retailers association is calling for 100% rates relief to be introduced for smaller retailers, and an energy price cap for...

Make decisions and incoming administrations focus on hustings in the next couple of weeks for the crisis is immediate. that is where the issueis immediate. that is where the issue is and we need an intervention or we will see businesses lost and jobs, you know, it is going to be horrendous. it is potentially catastrophic for our industry. i am sorry to hear that, michael. i have to leave it there but thanks for your time. i appreciated. have a good weekend. let's see how the asian markets are faring today. it isa it is a little bit of a mixed bag but stocks didn't swing on friday. investors tr...