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hello i m sally bundock with the top business stories. let s start with the us central bank, because everybody is asking will the federal reserve raise rates one more time? or will it take a break? as the fed wraps up its may meeting inflation isn t the only worry, the turbulence at first republic has revived fears about credit conditions. another area of concern is the labour market, which is showing signs of cooling. interest rates currently stand at li point 75%, so what will america s central bank do and say? michelle fleury reports from westchester, new york. losing momentum, and nine rate hikes in the past year the federal reserve does make efforts to cool the economy are having an effect. having an effect. this is a chain you having an effect. this is a chain you would - having an effect. this is a chain you would see - having an effect. this is a chain you would see on i having an effect. this is a - chain you would see on roller shades and for lines.- shades and f ....
a year ago theatres in england closed their doors because of the pandemic. in that time the theatre world has lost income of around 200 million pounds. many theatre workers are freelancers and a quarter of them have gone out of business. our arts editor will gompertz has spoken to four performers who ve had to change jobs to make ends meet. music: there s no business like showbusiness theatre, one of the great success stories of britain s creative industries but this time last year the bright lights of the west end went dark. theatreland s professionals suddenly found themselves unemployed and needing a plan b. i am a freelance and as well as the show, i also do a range of other kinds of playing such as concerts and recording sessions and tourism things like that. as well as the show closing, all of that went up in smoke. so all of your income has disappeared? yes, exactly. these guys here were looking for an extra pair of hands and they kindly agreed to take me on. i ....
petrol or diesel car, would you be prepared to swap it for a bike or take the bus instead 7 a scheme s begun in coventry where people can hand their vehicles over to be recycled in exchange for credit to spend on more sustainable modes of transport. our business correspondent katy austin has the details. it s the end of the road for this car. it was sent here deliberately by its former owner. but why? let s reverse a few days. we met mohammed, who owned that 15 year old diesel for four years. after, you know, the lockdown has kicked in, i have been mainly working from home, five days a week. so, i m not using the car as much. he decided tojoin a trial in coventry. owners of cars over ten years old can give them up and get cash for other forms of travel. they are offering £3000 worth of credits, which you can use to travel by bus, train, taxi. authorities in the west midlands are behind this scheme, using funding from a government grant. the idea is to get 250 cars of ....
chanting: shame on you! the head of the met police says she does not intend to resign and welcomes a review into the police s handling of last night s vigil for sarah everard. i don t think anybody who was not in the operation can actually pass a detailed comment on the rightness and wrongness of it. you know, this is fiendishly difficult policing. but criticism of the police has been swift from across the political spectrum and those who attended the vigil. authorities in the republic of ireland recommend temporarily suspending use of the astrazeneca vaccine, after a report of four new cases of blood clotting incidents in adults who d had the jab in norway. the foreign secretary makes another call for the immediate release of british iranian nazanin zaghari ratcliffe, after she faces new allegations of anti government propaganda in court. and it s the music industry s biggest awards night of the year the grammys. they re being held at a virtual ceremony in los angeles. now ....
now, it s been the end of an important school week for children in england, with classes having resumed as a first step on the road to lifting the coronavirus lockdown. our correspondent, danny savage, has spent the last few days at a primary school near skegness to see how pupils and teachers have been getting on. good morning. a colourful, celebratory return to school. a warm welcome after a cold winter, designed to take the worry out of the day. bye, see you later! have a good day. bobby is just four years old. for reception children like him, teachers say it s like starting all over again. i was a bit emotional, but he was absolutely fine. glad to be back. what are you feeling? happy, really happy that we re getting a bit of normality back. most of the families at this school have been scattered across this area in isolation for months. now they have their focal point back. years three and four, right, when we go in, just a little squirt of sanitiser. lesson one in year 3 ....