helped to slow down the rate of price increases for non food products, which eased injanuary down from over 3% in december. i m joined now by shanti kelemen, chief investment officer at m&g wealth. good morning. this isjust what we want to hear before the bank of england has its first meeting of 2024, which happens on thursday. meeting of 2024, which happens on thursday- on thursday. yes, we will have a decision on thursday. yes, we will have a decision from on thursday. yes, we will have a decision from them - on thursday. yes, we will have a decision from them on - a decision from them on interest rates, wiley expected to keep rates unchanged and thatis to keep rates unchanged and that is positive news for inflation and a prices, on the other side we do have the economy still not in a recession and wage growth has been pretty strong. there are some factors balancing inflation, thinking it might not be a sharp drop in the next few months. to not be a sharp drop in the
the budget director, mark, so maybe you can tell us what the impact of these decisions would be. the budget director said that these decisions would be. the budget director said that the these decisions would be. the budget director said that the united - these decisions would be. the budget director said that the united states i director said that the united states is almost out of money, and that s certainly true. it is true that the money is committed. it s not all spent. that means there won t be any new money, new purchases, but there will be a flow of previous purchases and previous commitments going to ukraine. that will decline over time. what that means is that over time, as this flow decreases, ukrainian military capabilities will decrease also. militaries and back need to constant flow of munitions and supplies to replace what s lost and supplies to replace what s lost and used up, and without those, they become less effective, and we will see that happening wi
Zooming exports and crumbling classrooms. The paradox of germanys lopsided economy. Plus will iran Stay Open For Business . Conservatives pledge to roll back rouhanis reforms, as companies nervously await next weeks president ial election. Welcome to World Business report. Im Tanya Beckett. Also coming up, playing for big steaks. China agrees to buy us beef as trade talks continue. But first we start in europes economic powerhouse, because in a couple of hours time, germany will release its latest gdp figures. Growth is expected to have accelerated in the first three months of the year, fuelled by Global Demand for the countrys exports, like cars and machinery. But its not all cause for celebration. Let me show you why. Last year, germany clocked up its biggest ever trade surplus. Thats how much more it exports than it imports. At 275 billion germany has one of the biggest Trade Surpluses in the world. Its a source of tension with its neighbours and allies. Look at how much more german
As Britains Dan Evans pulls off the best win of his career, beating seventh seed, marin cilic. And coming up in sport comes ryder cup captain thomas bjorn gets an extra world ca rd cup captain thomas bjorn gets an extra world card wild card choice in a revamped accommodation for next year. Revamped competition for next year. Good afternoon and welcome to the bbc news at one. The president of the European Commission Jean Claude Juncker has told the European Parliament that he will do everything he can to ensure that the negotiations over britains exit from the European Union end in a good result for all concerned. But he also admitted the negotiations would be very, very, very difficult. Our europe correspondent gavin lee reports. A clear view from westminster, cold comfort to eu officials meeting in strasbourgs European Parliament today. A sad, surrealist state of affairs, that was the brief tweet from donald tusk, and when the sudden clarity was welcomed here, seven months after the b