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We have continuing coverage of the story on bbc news. Countdown serve the fed, the us Central Bank is expected to cut Interest Rates in the next couple of hours. The question is by how much. Also ahead, Uk Inflation hold steady in august but as the Bank Of England finally slaying the dragon . And The Party is over for tupperware as the 78 year old firm filed for bankruptcy. We lift the lid on what went wrong. Welcome to business today. We start in the us where the federal reserve is poised to cut the cost of borrowing for the first time in four years. That decision comes in less that three hours. It will come at two oclock eastern time. Americas Central Bank cranked up Interest Rates for the highest in two decades to get soaring inflation under control. Lets take you live to New York and talk to our North America Business corr ....
Emergency Evacuation Order and a there were volunteers here all Night Stuffing Sandbags like this and forming human chains, to bring the bags down now near to the embankment, where a section of the River Bank had subsided and there was a danger according to the mayor of that River Bank collapsing completely at the water rushing through into the town of nysa where we are now. You can see the wall of sandbags and the river behind. They have plugged the gap and in fact the River Water Level has begun to fall back. It seems according to the authorities that the immediate danger has passed. They are prepared if the Water Level rises again. There is talk of another problem with the Embankment A little further up but after a dramatic night lots of helicopters in the skies, lots of sirens and huge numbers of volunteers to bring these sandbags to the spot to try to protect their town. It does seem like this morning The Sun has come out and p ....
Of a 22 Pay RIse over two Years endIng a dIspute whIch prompted the longest strIke In nhs hIstory. Health secretary Wes SteetIng saId the deal marks the fIrst step Health Secretary Wes StreetIng saId the deal marks the fIrst step In Future ProofIng The Nhs. But the BrItIsh MedIcal AssocIatIon has warned of further actIon If pay does not contInue to match InflatIon. Our Health EdItor Hugh pym has thIs report. It began In march last Year. StrIkIng JunIor Doctors on PIcket LInes In england and demandIng a Pay RIse of 35 to be phased In, whIch they saId should compensate for InflatIon over more than a decade. What do we want . Pay restoratIon when do we want It . Now some talks took place wIth the conservatIve government, but that dIdnt stop 11 rounds of strIkes over a total of 44 days. Soon after the electIon, the Labour Government made an Increased pay offer, whIch the Doctors UnIon, the bma, put to members and they voted to accept. We are brIngIng thIs current dIspute of two Years now t ....