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— the annual rate at which prices have been going up. inflation peaked at more than 10% last year, forcing the bank to raise interest rates aggressively to try and bring it under control. but it has since fallen sharply. and on wednesday, official figures showed it was down to 3.9% in november, the lowest rate in 2 years, and far lower than expected. that's raised hopes the bank of england will be soon able to start cutting the cost of borrowing, easing pressure on businesses and households. here's our economics editor, faisal islam. arp and now sharply down. over the past year, in...

[sirens] ♪ ♪ ♪ [applause] >> good evening to all of you. [applause] ♪ ♪ ♪ [applause] >> i am beginning to recognize the fact that nothing is true. nothing. it is all down to perception. my immediate family is gone, but that is life. it's the same thing with every family, that somebody will be left in the end. and this time in life i have fantastic memories, but everybody's memory is different so they're just my memories, you know? i know that morris and robin would've had a different kind of memory. >> i remember barry saying that when they were going to be really famous....

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>> emily: unending tidal wave of border entries with no sign of slowing down. stunning images like the ones on the screen now speak to record-breaking pace of migrants entering the united states everyday. but the white houses "this is not unusual." this is "outnumbered," i'm emily compagno, joining me today carley shimkus, lisa boothe and fox news contributor janette nesheiwat and ranking member and host of the doug collins podcast, doug collins. cbp sources revealing to fox news there have been over 214,000 migrant encounters so far this month, including 11,000 in the last 24 hours....

♪ ♪ well you can tell by the way i use my walk ♪ ♪ you may look the other way ♪ ♪ ah, ah, ah, ah staying alive ♪ >> how did you people get back here. come on, come on. >> get him out of here. >> thank you very much. good evening to all of you. ♪ living for my life ♪ ♪ everything a man could want to do ♪ ♪ i could never see tomorrow ♪ ♪ no one said a word about the sorrow ♪ ♪ how can you stop the rain from falling down ♪ ♪ how can you stop the sun from shining ♪ ♪ what makes the world go around ♪ ♪ ♪ mend my broken heart ♪ ♪ and let me...