live from london this, is business today. i'm sally bundock. we start in the uk, where, injust underan hour and a half's time, we'll be getting the latest reading on the rate of price rises. the consumer price index figure for april is expected to show a significant drop in inflation, which has been heading in the right direction for the last few months, easing the pressure on the cost of living, and heading towards the bank of england's targets. let's take a look at the numbers. in february, inflation was running at 3.4% — it then came down to a two—and—a—half—year low of 3.2% in march, and now analysts are predicting inflation could come down to the bank of england's target rate of 2% for april. but households and businesses may not feel any better off

in the short term, as ben king reports. the recipes haven't changed in 90 years in this traditional bakerin 90 years in this traditional baker in west sussex, but the cost of their ingredients has. flour prices, meat prices, energy prices all up. the cost of fat has doubled. that has put the squeeze on profits, but the end is in sight.— the end is in sight. prices aren't continuing - the end is in sight. prices aren't continuing to - the end is in sight. prices i aren't continuing to increase that much. they definitely aren't coming down, that doesn't happen very often, but it does seem that things have plateaued a bit, and i'm pleased to see that the pressure could the next few months will pass on to our customers and employees as well, which will be great for everyone. well, which will be great for everyone-— well, which will be great for eve one. ~ , everyone. and official figures are telling — everyone. and official figures are telling the _ everyone. and official figures are telling the same - everyone. and official figures are telling the same story. i everyone. and official figures are telling the same story. a| are telling the same story. a big cut in the 0fgem energy price cut means gas and electricity bills are down for most of us. that makes for a big fall in headline inflation number. meanwhile, prices for

most other things including food are rising more slowly. i think it has peak now. i don't find it has gone up any more, but it has increased by about 50% over the last year or two. everywhere i go, even if i pop inand— everywhere i go, even if i pop in and have a coffee, it's how much? — in and have a coffee, it's how much? �* . ., ., , much? i've changed some of my habit so i _ much? i've changed some of my habit so i don't _ much? i've changed some of my habit so i don't buy _ much? i've changed some of my habit so i don't buy something i habit so i don't buy something that's— habit so i don't buy something that's gone _ habit so i don't buy something that's gone up— habit so i don't buy something that's gone up so— habit so i don't buy something that's gone up so much. - habit so i don't buy something that's gone up so much. i- that's gone up so much. i change _ that's gone up so much. i change it_ that's gone up so much. i change it to _ that's gone up so much. i change it to something i that's gone up so much. i. change it to something else, and i— change it to something else, and i can— change it to something else, and i can still— change it to something else, and i can still manage - change it to something else, and i can still manage on - change it to something else, and i can still manage on myi and i can still manage on my sn1all— and i can still manage on my small pension. _ and i can still manage on my small pension.— small pension. today's inflation _ small pension. today's inflation number - small pension. today's inflation number is - small pension. today's inflation number is the i small pension. today's - inflation number is the first of two that we get before the next time the bank of england's monetary policy committee meets to set interest policy again, and if both of those numbers show inflation coming down, as we expect, that makes it much more likely they will decide the time has now come to start cutting interest rates. after nearly three years of soaring inflation, things are finally cooling off. but thatjust means prices are going up more slowly, not coming down, and for most of us, our standard of living is still not what it used to be. ben king, bbc news,

rusting tin, west sussex. so if price rises are easing, just when can we expect any move from the bank of england on the cost of borrowing? joining me now is robert wood, chief uk economist at pantheon macroeconomics. a warm welcome to the programme. robert, just on cue, andrew bailey is speaking at the london school of economics, late last night, and he gave quite a few hints, didn't he? he did. the bank of england are very, very close to lowering interest rates here, as you have just shown, the interest rates here, as you havejust shown, the rate interest rates here, as you have just shown, the rate of inflation is going to come back pretty much to their inflation target in data today, and if not today, then probably next month. the bank of england meet onjune 20 to decide interest rates, i think they will lower than one quarter of a percent then. if not, then they are very likely to in august. you've got several of the nine

people who set interest rates say they have now seen pretty much enough, and theyjust want inflation to come down to their target before they lower interest rates. [30 target before they lower interest rates.— target before they lower interest rates. do you think they could _ interest rates. do you think they could be _ interest rates. do you think they could be tempted - interest rates. do you think they could be tempted to l interest rates. do you think| they could be tempted to go interest rates. do you think i they could be tempted to go a bit further, maybe half a percent cut?— bit further, maybe half a ercent cut? ., ~ ., �* , percent cut? no, i think that's very unlikely- _ percent cut? no, i think that's very unlikely. the _ percent cut? no, i think that's very unlikely. the bank- percent cut? no, i think that's very unlikely. the bank of- very unlikely. the bank of england, i mean, it is fantastic news that inflation has come down very rapidly from the double digit rates we were seeing damn pretty close to the target, to the 2% target that the bank of england has today. but it has been a long process that the bank of england has had to work at, by keeping interest rates elevated to deliver that slowdown in inflation. i think it is very unlikely they will declare job done and say we can cut interest rates really quickly now. they are much more likely to be cautious, to very gradually lower interest rates to ensure inflation stabilises, not that it just falls down to ensure inflation stabilises, not that itjust falls down and then picks back up again but actually stabilises. find

then picks back up again but actually stabilises.— actually stabilises. and 'ust cuickl , actually stabilises. and 'ust quickly, robert, * actually stabilises. and 'ust quickly, robert, the h actually stabilises. and just - quickly, robert, the chancellor jeremy hunt will of course i'm sure very quickly after the inflation numbers are out will fit out a tweet or some sort of comment to say this is great news for the uk economy. can he take any credit for this? i would imagine he would say this is a sign of success for his economic policies.- is a sign of success for his economic policies. no, none at all. a economic policies. no, none at all- a lot _ economic policies. no, none at all- a lot of— economic policies. no, none at all. a lot of the _ economic policies. no, none at all. a lot of the fall _ economic policies. no, none at all. a lot of the fall in - all. a lot of the fall in inflation is just all. a lot of the fall in inflation isjust simply all. a lot of the fall in inflation is just simply global energy and food costs stopping racing, which has nothing to do withjeremy hunt. the rest of it is largely due to the pressure that the bank of england has placed on the economy by raising interest rates, which slowed growth and encouraged wage growth to come down. if anything, jeremy hunt by cutting taxes has worked in the opposite direction to that. he certainly probably hasn't on balance worsened the situation, but the vast majority of this has nothing to do with the government.— has nothing to do with the government. has nothing to do with the covernment. ., ., , ., government. 0k, go to get your take. government. 0k, go to get your take- thank — government. 0k, go to get your take. thank you _ government. 0k, go to get your take. thank you very _ government. 0k, go to get your take. thank you very much - take. thank you very much indeed. and just to say that

when we do get those inflation numbers, which is in an hour and 20 minutes or so, we will update you on bbc news. staying in the uk, to mining now. shares in the australian extraction giant, bhp, have edged up, ahead of a deadline today for its proposed takeover bid of uk—based rival, anglo american. bhp has until the close of business today — 5pm — to lodge a formal bid for anglo american — who rejected a $15 billion dollar offer last week, and unveiled plans for a break—up. but bhp�*s takeover plan has, according to some market watchers, "sent a fresh chill through the city of london", worried if a deal does go through, it could see more corporate giants leaving london. robert alster is chief investment officer at close brothers asset management. good to have you on the

programme. what are your thoughts on this discussion about london, and big companies choosing to exit it?— choosing to exit it? yeah, well, choosing to exit it? yeah, well. good _ choosing to exit it? yeah, well, good morning. - well, good morning. anglo—american is about the 15th largest contributor of the ftse 100, so it will be a big loss if it does get taken out by bhp. 0ther loss if it does get taken out by bhp. other companies have been leaving voluntarily, not just via mergers and acquisitions, and so london is in for a battle. it is trying to fight for its place in the globalfinancial to fight for its place in the global financial system. but, you know, it is very finely balanced, less. companies are leaving because of low valuations in the uk, because executive pay, for example, is higher in the us, so there's a number of forces at work. but at the same time, the uk government is fighting back, and the chancellor is holding a summit with company, executives

and people from the city to try and people from the city to try and figure out the strategy and stop the leakage of listed companies abroad. find stop the leakage of listed companies abroad. and its interesting, _ companies abroad. and its interesting, because - companies abroad. and its interesting, because we i companies abroad. and its - interesting, because we spoke to the chief executive of the london stock exchange last week, julia hoggart, who says she is at pains to say there is no need to panic and always 0k, no need to panic and always ok, but that isn't the case, is it, as you say, companies are choosing to voluntarily move. there are conversations that if a company such as cannon shell were to move, that could have serious implications. it were to move, that could have serious implications.— serious implications. it does feel like a — serious implications. it does feel like a general— serious implications. it does feel like a general leakage, | serious implications. it does| feel like a general leakage, i agree, it is not a time to panic but it is definitely a time to reassess about exactly why this is happening, why are uk companies finding it more attractive to move abroad? and it is not something you want to just sit and watch happen, we need to be more active, you need to be more active, you need to be more active, you need to have a strategy at all layers of the market, notjust large companies like shall, in the mid—cap and small cap areas of the market. it is definitely something you need to do about the very low valuations in the

uk, which have been persistent now for a number of years. those valuations are being crystallised. the reason bhp is bidding for anglo american is because of those low valuations, so i agree it is not time to panic but it is a time to maintain a strategy longer term to maintain london's position. we have lots going for it. i london's position. we have lots going for it— going for it. i want to ask this question _ going for it. i want to ask this question and - going for it. i want to ask this question and time i going for it. i want to ask this question and time is| this question and time is tight. what do you think will happen to anglo american? will it fall into the hands of bhp or will it stay independent and break up? i or will it stay independent and break op?— break up? i think eventually it will aet break up? i think eventually it will get swallowed _ break up? i think eventually it will get swallowed up, - break up? i think eventually it will get swallowed up, eitherl will get swallowed up, either by bhp, or another company. cough up its main assets people are trying to bet and win, it is just to attractive a long—term metal — copper, its main asset. long-term metal - copper, its main asset-— main asset. good to talk to ou. to the us now, where, at the moment, another day

means another record close on wall street. this time both the s&p 500 and the tech heavy nasdaq hit all—time highs at the close on tuesday. so what is fuelling this bull run? well, some say investors are betting big on stellar results from the chip giant, nvidia, which are due out later today, and there is continued good cheer, brought on by the lower—than—expected inflation numbers out in the us last week. michelle fleury was watching all the action in new york. the s&p 500 and the nasdaq both closed at new record highs, each raising more than two tenths of a percent. meanwhile, the dowjones industrial the dow jones industrial average, the dowjones industrial average, well, it eked out a small gain, that after earnings from some big retailers shed light on how american consumers are faring. shares in the disbarment —— the department store chain, macy's, closed up

5%, as its turnaround plan appears to be working. however it did still see a drop in sales as shoppers continue to pull back on spending. that has been a big worry, that they are feeling under pressure from rising prices. investors are turning their attention now they are to the giant chip—maker, and video. it is expected to post another strong set of —— nvidia. the stock has soared more than 90% this year alone, all on the back of enthusiasm that al alone, all on the back of enthusiasm that ai will boost corporate profits. the question is will al's big spenders, that is will al's big spenders, that is the likes of amazon, microsoft et al., continue to drive profit growth, or is that trajectory beginning to ease? all street is betting the chip—maker will exceed expectations. chip- maker will exceed expectations.— chip-maker will exceed exectations. m , expectations. michelle fleury there. so record high markets, but people are still apparently feeling the pinch. a us central bank survey, the latest in a bunch recently, showing consumers are still

reeling from inflation, particularly from high food and fuel prices. on tuesday, president biden released a million barrels of gasoline from the strategic reserve to help, but current signals from the fed see no let—up in the cost of borrowing any time soon. for more, i'mjoined by marc 0stwald, chief economist and global strategist at investors adm isi. good morning to you. good morning- — good morning to you. good morning- so _ good morning to you. good morning. so what - good morning to you. good morning. so what is - good morning to you. good i morning. so what is happening on wall street _ morning. so what is happening on wall street does _ morning. so what is happening on wall street does not - morning. so what is happening on wall street does not reflect| on wall street does not reflect what's going on on main street? absolutely not, matt has been the case for quite some time. there is this big divide between the real economy and the financial economy. the financial economy is being driven in terms of the us stocks by huge foreign investor demand for huge stocks, but for

consumers, if you looked at the new york fed survey, it housing costs, which really is making a lot of people feel the pinch, andindeed lot of people feel the pinch, and indeed if one looks at housing inflation, that is running much higher, about 5.5%, according to the official data, even though that is probably a little bit overstated. so they are not feeling great. mortgage rates are high and some of the basic costs, particularly gasoline, hence the release of, that release from the sp1 yesterday, housing and gasoline basically are what drive a lot of consumer sentiment, are what drive a lot of consumersentiment, not are what drive a lot of consumer sentiment, not only in the us but around the world. and it is interesting because petrol prices have come down quite a bit, as you and i both know, but since president biden came to office, gasoline is still 16% higher, which americans will feel keenly, won't they commence that move

on the part of the white house to release a million barrels of petrol onto the market, ahead of the us summer driving season. of the us summer driving season-— of the us summer driving season. ~ ,,., y of the us summer driving season. ~ , ,., , ,, season. absolutely. in the us, where public — season. absolutely. in the us, where public transport - season. absolutely. in the us, where public transport isn't i where public transport isn't exactly fantastic, other than in the cities, the major cities, the cost of gasoline is basically front and centre for pretty much every single household. nevertheless, i would add that there is quite a big political divide here. if you look at the week before last michelin sentiment, —— michigan sentiment can be had both democrat and republican voters feeling worse, but there was a margin of different of a0 whole points. democrats at 90.2, whereas republicans were 52.7. so there is an element of political... $5 52.7. so there is an element of political- - -_ political... as always, there certainly — political... as always, there certainly is. _ political... as always, there certainly is, marc, -

political. .. as always, there certainly is, marc, thank- political... as always, there i certainly is, marc, thank you, have a lovely day. we will see you again soon.— let's get some of the day's other news now. as we've been hearing, most of the passengers and crew of a singapore airlines flight that experienced severe turbulence on a flight from london have now arrived in singapore, after an emergency diversion to bangkok. dozens received treatment for their injuries. a british passenger died from a suspected heart attack, when the boeing aircraft dropped 2,000 metres without warning over myanmar. the head of singapore airlines has apologised for the deadly traumatic flight. fake olympics and taylor swift tickets are the two biggest online scams consumers are likely to encounter this year. that's a warning from the banking lobby group, uk finance. the alert came as the number of people tricked by romance fraud and purchase scams jumped to new highs last year. uk finance say online criminals stole over £1 billion in the uk in 2023. the uk data watchdog — the ico — says it is "making "enquiries with microsoft" over

a new feature that can take screenshots of your laptop every few seconds. microsoft says recall, which will store encrypted snapshots locally on your computer, is exclusive to its forthcoming copilot+ pcs. but the watchdog says it is seeking more information over privacy concerns. microsoft says the feature is optional, and it is committed to privacy and security. around the world and across the uk, this is bbc news.

you're with business today, and now we are focusing on the business of sport, and the technology that is playing an increasing role on the field. this is not about var — we haven't got time for that debate. don't panic. but it is about helping referees. here's more from bbc

click�*s shiona mccallum. this is touch. it's a bit like rugby, but instead of a tackle, players are attached to get control of the ball. if the defenders haven't intercepted the ball after six touches, they get to be the attackers. it's fast, and the ref has to be, well, everywhere at once, and deal with things like this. yes, he is. how far along the yes, he is. how faralong the phd — yes, he is. how faralong the phd want _ yes, he is. how faralong the phd want him to go? he yes, he is. how far along the phd want him to go?- yes, he is. how far along the phd want him to go? he has had to make a _ phd want him to go? he has had to make a decision _ phd want him to go? he has had to make a decision against i phd want him to go? he has had to make a decision against him, | to make a decision against him, which _ to make a decision against him, which resulted _ to make a decision against him, which resulted in— to make a decision against him, which resulted in a _ to make a decision against him, which resulted in a penalty, i which resulted in a penalty, and — which resulted in a penalty, and then— which resulted in a penalty, and then resulted _ which resulted in a penalty, and then resulted in - which resulted in a penalty, and then resulted in a i which resulted in a penalty, i and then resulted in a penalty, and then resulted in a penalty, and then— and then resulted in a penalty, and then the _ and then resulted in a penalty, and then the player— and then resulted in a penalty, and then the player continues. and then the player continues that conversation— and then the player continues that conversation with - and then the player continues that conversation with the i that conversation with the referee, _ that conversation with the referee, resulting - that conversation with the referee, resulting in- that conversation with the i referee, resulting in another penalty _ referee, resulting in another enal . ., referee, resulting in another enal _ ., penalty. the referee would look back on this _ penalty. the referee would look back on this and _ penalty. the referee would look back on this and not _ penalty. the referee would look back on this and not be - back on this and not be particularly happy with the interaction with the player. referee's and professional development courses here at edinburgh's napier university collect back at their decisions thanks to some familiar —looking tech that has been repurposed. it -looking tech that has been repurposed-_

repurposed. it is a standard 360 camera. _ repurposed. it is a standard 360 camera, which - repurposed. it is a standard 360 camera, which sits i repurposed. it is a standard 360 camera, which sits on | repurposed. it is a standard i 360 camera, which sits on top of a head, straps round the back and then a step underneath. aha, back and then a step underneath.- back and then a step underneath. �* q; ~:: ., ., underneath. a 360 camera works b usin: underneath. a 360 camera works by using two _ underneath. a 360 camera works by using two or — underneath. a 360 camera works by using two or more _ underneath. a 360 camera works by using two or more lenses i underneath. a 360 camera works by using two or more lenses to l by using two or more lenses to capture a 360 degrees view of everything around it. it will then stitch the shots together to make one spherical image. when displayed in 2d, the viewer can move around all of the space that's been captured. 0nce the space that's been captured. once we got the footage back, what it then gives us is how our decisions are landing, how our decisions are landing, how our interactions are landing with the players, we can see what's going on behind us, perhaps we have missed decisions.— perhaps we have missed decisions. �* ., decisions. and you can go right round, decisions. and you can go right round. so _ decisions. and you can go right round. so you _ decisions. and you can go right round, so you are _ decisions. and you can go right round, so you are really - round, so you are really getting much more immersive experience and i suppose you are learning things about the game as the referee that you might not have seen in real time? , ., ., time? exactly. so most of our assessments _ time? exactly. so most of our assessments in _ time? exactly. so most of our assessments in order - time? exactly. so most of our assessments in order to i time? exactly. so most of our. assessments in order to develop assessments in order to develop as a referee are taken by people on the sidelines, but the referee sees a very differently, and we know from research that looking at things

in different angles produces different decisions.- in different angles produces different decisions. when the referees sit _ different decisions. when the referees sit down _ different decisions. when the referees sit down with - different decisions. when the referees sit down with their l referees sit down with their coaches after a training session, the tech takes the post match analysis to a whole new level. this post match analysis to a whole new level-— new level. as a coach, i can't hear what — new level. as a coach, i can't hear what the _ new level. as a coach, i can't hear what the ref _ new level. as a coach, i can't hear what the ref is - new level. as a coach, i can't hear what the ref is saying i new level. as a coach, i can't. hear what the ref is saying and i don't have their point of view from that, but with this technology i can see what the referee is saying, i can see how the referee speaking to the players, but i can also use this technology to pan around and look at what the referee is not seeing and what they are missing, so we can talk about areas of improvement.- missing, so we can talk about areas of improvement. when you sit down and _ areas of improvement. when you sit down and review— areas of improvement. when you sit down and review at _ areas of improvement. when you sit down and review at with i sit down and review at with our sit down and review at with your coach _ sit down and review at with your coach you _ sit down and review at with your coach you can - sit down and review at with your coach you can sort i sit down and review at with your coach you can sort of. sit down and review at with your coach you can sort of look at your— your coach you can sort of look at your positioning and where you should have been whereas this is— you should have been whereas this is where you are.— this is where you are. having this is where you are. having this technology _ this is where you are. having this technology i _ this is where you are. having this technology i can - this is where you are. having this technology i can say, i this technology i can say, look. _ this technology i can say, look. right— this technology i can say, look, right there, - this technology i can say, look, right there, that's i this technology i can say, i look, right there, that's what i'm look, right there, that's what in talking _ look, right there, that's what i'm talking about _ look, right there, that's what i'm talking about and - look, right there, that's what i'm talking about and that's i i'm talking about and that's what — i'm talking about and that's what we _ i'm talking about and that's what we need _ i'm talking about and that's what we need to _ i'm talking about and that's what we need to change, i i'm talking about and that's| what we need to change, or structure _ what we need to change, or structure slightly _ what we need to change, orl structure slightly differently. the technology _ structure slightly differently. the technology is _ structure slightly differently. the technology is being i structure slightly differently. j the technology is being used structure slightly differently. i the technology is being used to coach referees in the run—up to the well�*s touch championships taking place injuly. duncan hopes it could have a lasting impact. hopes it could have a lasting

imact. ~ ., ., , hopes it could have a lasting imact.~ ., ., , impact. we have always used video technology _ impact. we have always used video technology and - impact. we have always used video technology and self- video technology and self reflection to help our officials, but this technology allows us to take that another level up. i allows us to take that another level u -. ~ ., , level up. i think in any refereeing, _ level up. i think in any refereeing, it - level up. i think in any refereeing, it is i level up. i think in any. refereeing, it is proximity level up. i think in any- refereeing, it is proximity to the try— refereeing, it is proximity to the try or— refereeing, it is proximity to the try or the foul or whatever is happening, the closer you are to — is happening, the closer you are to that the better, so getting _ are to that the better, so getting that positioning and moving yourself into position to make _ moving yourself into position to make those decisions is really— to make those decisions is really important. so i think it will help— really important. so i think it will help do that, for me. it has to be one of the most stressful jobs, it has to be one of the most stressfuljobs, hasn't it, being a referee? i tell you, stressfuljobs, hasn't it, being a referee? itell you, i do watch them with all. to germany now, where transport ministers from around the world are gathering to discuss the future of how we all get around. this year's international transport forum will be focusing on how to make our roads, cars, trains and planes greener and more sustainable. so what can we expect? what will actually be achieved? for more, i'm joined by cristina albuquerque,

director of global electric mobility, wri ross center for sustainable cities, who is speaking at international transport forum in leipzig. and i understand you are speaking at this forum in leipzig. so do tell, the theme this year is the greening of transport. how?— this year is the greening of transport. how? hello. so this ear's transport. how? hello. so this year's conference _ transport. how? hello. so this year's conference is _ transport. how? hello. so this year's conference is one i transport. how? hello. so this year's conference is one of i transport. how? hello. so this year's conference is one of the big ones, the itf forum, the green transport focus in terms of crisis, so really understanding how transport systems, having a lot of discussions with ministries and experts in the field, gathering more than 100 speakers and 1200 participants to discuss how transport systems should be addressing the needs of the population in the city to be more green, resilient and adaptable to the climate change impacts we are seeing in the future. we need to discuss some really different examples, and how those changes need to be done and sharing examples to inspire other cities and

countries to be replicating and adapting those solutions to their local context. so adapting those solutions to their local context.- their local context. so you mentioned _ their local context. so you mentioned you _ their local context. so you mentioned you have i their local context. so you i mentioned you have transport ministers there, you have obviously those within the transport sector and industry there as well. to what extent has the pandemic setback government's spending and plans for green transport? in government's spending and plans for green transport?— for green transport? in the pandemic. _ for green transport? in the pandemic. it _ for green transport? in the pandemic, it really - for green transport? in the | pandemic, it really brought for green transport? in the i pandemic, it really brought the attention of the needs to be solutions for some time, and right now it is to stop it, but right now it is to stop it, but right now it has already bringing back the needs to decarbonise transport systems to be net zero x 2050. right now we are getting the pace and the speed needed to decarbonise the speed needed to decarbonise the transport system in most of the transport system in most of the geographies, but a lot still needs to be done to be able to achieve zero transport systems in the goal of keeping the global warning to 1.5 celsius by 2050. we

the global warning to 1.5 celsius by 2050.- the global warning to 1.5 celsius by 2050. we are very aware of _ celsius by 2050. we are very aware of electric _ celsius by 2050. we are very aware of electric vehicles i celsius by 2050. we are very| aware of electric vehicles and the push in many countries to go for that, but what about other forms of transport? irate other forms of transport? we really need — other forms of transport? we really need to _ other forms of transport? - really need to have technology such as evs but also other modes, so really pushing for more sustainable transport modes in our city being ready to go, so how can improve public transport system, rail, buses or any other type of transport systems, but also improving walking, cycling in the cities in a way to move to a more sustainable modes. at the same time the transition to zero —— net zero technologies in the different types of transport systems, using the technologies to have and reach zero emissions. it technologies to have and reach zero emissions.— zero emissions. it is 'ust so challenging. * zero emissions. it is 'ust so challenging, there i zero emissions. it isjust so challenging, there are i zero emissions. it isjust so challenging, there are so i zero emissions. it isjust so i challenging, there are so much to do but thank you forjoining us today, cristina albuquerque, who was speaking at the

international transport forum in leipzig. let's take a look at the markets. in asia, we have mentioned the record highs the night before on wall street, a mixed picture as you can see emerging today in asia. that is all from me and business today. also the latest news. thanks forjoining us. i will see you soon. hello, thanks forjoining me. we had some wet weather today, but wednesday, for some of us, will be a wash—out, persistent rain, heavy at times on the way, and it's starting this evening. now, here's the forecast. it has already been quite wet in east anglia and the south—east. the rain will spread into the midlands in the night, it'll merge into the peak district, and then spread into northern england by the early hours of wednesday morning. it could reach eastern parts of wales, too, but scotland and northern ireland, apart from a few showers here and there, actually looking generally dry. so, tomorrow's forecast, then —

this is the morning, a widespread area of rain. we'll zoom in and see what is happening around 3 or apm, and by that stage, i think the heaviest of the rain will have cleared east anglia, the south—east, and along the southern counties, blustery winds and occasional showers. so, here's that persistent rain from the midlands, wales, the north of england, pretty much, well, almost everywhere. that rain isjust nudging into southern scotland, more showery, though, across the highlands. but look at northern ireland — escapes most of the rain — if anything, that rain should reach you later in the afternoon, probablyjust into the east of northern ireland. now, this is an area of low pressure that's parked itself in the north sea, and that weather front will just spiral around the centre of the low,so in some areas, the rain will keep falling in the same place for a couple of days, so really a substantial amount of rainfall is possible. now, by thursday, the rain will be, well, not quite as heavy, and it will be more patchy, but i think a lot of cloud, and at least a chance of encountering some rain on thursday. the best of the weather

in the south, the south—east, as well as east anglia — in fact, in norwich, london, portsmouth, plymouth, it could actually end up being a fairly bright if not sunny day, but cool. now, how much rain are we going to get? well, through wednesday and thursday, a lot. these teal colours, across the pennines and generally northern england, could indicate as much as a0 or 50 millimetres of rain, but the met office is suggesting that, in some spots, in the extreme case, we could have as much as 100 millimetres of rain, or more, and that will lead to some flooding. now, here's the good news — as we head towards the end of the week, and into the weekend, the weather will slowly settle down. there are indications that, as we go through the weekend, into bank holiday monday, we are going to have primarily dry and bright weather, with just a scattering of showers, so some good news for you there. bye— bye.

good morning and welcome to breakfast with sally nugent and jon kay. 0ur headlines today,,, face to face with the victims of the post office scandal. former chief executive paula vennells finally gives evidence to the public inquiry price rises are slowing — but quickly enough? today we find out if inflation is back down to where it should be — and ask are things really

returning to normal? tributes are paid to 73—year—old geoff kitchen who died after a plane hit severe turbulance on its way from london to singapore. mp craig mackinlay almost died after contracting sepsis. today, he returns to parliament having had both his hands and feet amputated. yet again, chelsea are looking for a new manager, as mauricio pochettino leaves the club by mutual consent afterjust one season in charge. we have heavy and persistent rain moving _ we have heavy and persistent rain moving north _ we have heavy and persistent rain moving north and _ we have heavy and persistent rain moving north and west _ we have heavy and persistent rain moving north and west today. if . we have heavy and persistent rain i moving north and west today. if you don't _ moving north and west today. if you don't have _ moving north and west today. if you don't have the — moving north and west today. if you don't have the rain, _ moving north and west today. if you don't have the rain, it _ moving north and west today. if you don't have the rain, it will— moving north and west today. if you don't have the rain, it will be - don't have the rain, it will be fairly— don't have the rain, it will be fairly cloudy _ don't have the rain, it will be fairly cloudy with _ don't have the rain, it will be fairly cloudy with some - don't have the rain, it will be - fairly cloudy with some showers. i have _ fairly cloudy with some showers. i have all_ fairly cloudy with some showers. i have all the — fairly cloudy with some showers. i have all the details _ fairly cloudy with some showers. i have all the details shortly. - it's wednesday 22 may. our main story. the former chief executive of the post office, paula vennells, will begin giving evidence at the public inquiry into the horizon it

scandal later today. between 1999 and 2015 hundreds of sub—postmasters were wrongly