uk inflation is far more than expected in september, raising hopes of cheaper borrowing costs. positive energy, the wild was in have too much oil despite tensions in the middle eastis despite tensions in the middle east is cheaper renewables take over even the world into a new age of electricity. cabin

pressure, striking brownlie workers rally as they head to wall street to shore up its finances —— —— boeing workers rally. welcome to business today. welcome to business today. let's start in the uk let's start in the uk where there's been a surprise where there's been a surprise fall in the rate of inflation. fall in the rate of inflation. where there's been a surprise where there's been a surprise that's raised hopes of lower that's raised hopes of lower borrowing costs and it has also borrowing costs and it has also hit the value of the pound hit the value of the pound as investors bet on bigger as investors bet on bigger interest cuts from interest cuts from the bank of england. the bank of england. the annual rate of price rises the annual rate of price rises eased to 1.7 percent eased to 1.7 percent november. in september that's down in september that's down sharply from 2.2% in august and sharply from 2.2% in august and a bigger drop than expected. a bigger drop than expected. good news for consumers good news for consumers and for the bank of england and for the bank of england whose mandate is to keep whose mandate is to keep inflation around 2%. inflation around 2%. all of which will feed all of which will feed into their next interest rate into their next interest rate

decision on the 7th of decision on the 7th of november.

some tough choices but what i can say is that in the sort of environment where inflation is coming down and the budget needs to have very expansionary physical stances, the bank of england has a lot more room to confidently cut rates and that is very good for the ordinary consumer. is very good for the ordinary consumer-— is very good for the ordinary consumer. , , . , consumer. soaring energy prices was a reason _ consumer. soaring energy prices was a reason for _ consumer. soaring energy prices was a reason for the _ consumer. soaring energy prices was a reason for the global- was a reason for the global energy prices. again, some good news on that front. the international energy agency says despite the conflict in the mid—80s rather than oil shorted, the world could actually have too much oil, a surplus —— in the middle east despite the complex... in its annual analysis of the world energy systems, the organisation says the increasing move to electric mobility driven largely by china will disrupt the global oil market. renewable energy increasingly feeding into the energy system. in order to meet the global target of tripling renewable

capacty by 2030 an annual investment of $1.5 trillion dollars is needed. and in the more immediate future despite fears that the ongoing conflict and uncertainty in the middle east could have on oil and gas supply the iea says we could actually be heading for a sizeable surplus in the new year. let's go to paris and speak to these executive director of the international energy agency. welcome to the programme. what does all this mean, your findings, and alice, the predictions... why does it mean for energy security and also, economic development? —— your analysis... economic development? -- your analysis- - -_ analysis... for many countries around the — analysis... for many countries around the world _ analysis... for many countries around the world such - analysis... for many countries around the world such as - analysis... for many countries around the world such as the i around the world such as the uk, india or european countries, for many countries around the world, they import energy, oil, natural gas and others. this is good news. why it is happening is that there is a lot of oil, new oil projects going to hit the market coming from the us, canada, brazil, lots of supply production in the markets and a

demand of oil is weaker and weaker. this is mainly as a result of china who economy is becoming slower book compared to the pass. it was at... and major exportation of cars in the transport sector. we expect global oil demand to peak before 2030 and this year, and next year, global oil demand will be much weaker than in previous years. for example, in this year, we expect less than 1 million by day. let this year, we expect less than 1 million by day.— 1 million by day. let us “ump onto the i 1 million by day. let us “ump onto the feature * 1 million by day. let us “ump onto the feature which h 1 million by day. let usjump onto the feature which is - onto the feature which is renewable energy. the target is that the capacity for 2030. .. i'll be on target for that? what about those developing economies where access to electricity has either reduced or falling away, what has gone

wrong there? we or falling away, what has gone wrong there?— or falling away, what has gone wrong there? we should look at all the project — wrong there? we should look at all the project country _ wrong there? we should look at all the project country by - all the project country by country in the next year to come. the target was three times the growth and based on the current projects, the growth will be not three, but credit than 2.7 times a renewable energy growth. to fit it into context, how important it into context, how important it will be, the amount of new renewable especially solar and wind back coming into the markets in the next six years is equal to the entire power capacity of the us, china and india and the eu put together. the total power capacity of these four major economies is equal to just the renewables coming into the market in the nexis years —— in the next six years. they are mainly driven

because they are getting cheaper and cheaper. fin because they are getting cheaper and cheaper. on climate olicies, cheaper and cheaper. on climate policies. just _ cheaper and cheaper. on climate policies, just looking _ cheaper and cheaper. on climate policies, just looking ahead, - policies, just looking ahead, when you put together this report, you look at a number of scenarios for the future. what is the likely scenario? i know that the iea hasjoined many voices he said that the path to is —— the target of 1.5 is becoming increasingly unlikely, so when we talk about energy transition what's a path we are we likely to follow a? we exoected _ we likely to follow a? we expected global - we likely to follow a? - expected global carbon emissions which was growing year by yearfor emissions which was growing year by year for many decades coming to a peak, it is an imminent —— imminent, either this year or next year but after that, we don't see a steep decline which we will see if we want to reach our climate targets. the current trajectory is a temperature increase by about 2.4 celsius which is far

higher than the one to .5 celsius which would have catastrophic implications rather fragile a clue will be of our plan is —— rather higher than the 1.5 celsius. it of our plan is -- rather higher than the 1.5 celsius.— than the 1.5 celsius. it has been a pleasure, - than the 1.5 celsius. it has been a pleasure, thank. than the 1.5 celsius. it has i been a pleasure, thank you. than the 1.5 celsius. it has - been a pleasure, thank you. we are going to cross to paris now and the issue of green technology. the world's auto industry is gathering there for the paris motor show and the keyissue the paris motor show and the key issue for the whole industry is accusations that chinese tvs are being sold at rock bottom prices and pushing other producers are out of the market. our correspondent is at the show for us.— the show for us. first of all, we are a _ the show for us. first of all, we are a privately _ the show for us. first of all, we are a privately owned . we are a privately owned company, our ownership is very transparent and we are listed

in the us and hong kong so compared to others globally, we are as transparent as any other company. secondly, the reason we are competitive is because we are competitive is because we have fought every year tooth and nailfor the most and nail for the most competitive and nailfor the most competitive meiotic —— market in the world, which is the chinese evs market, we have competed with tesla as well as global atms and from that competition, it really honed the core competencies, the operational efficiencies as well as the technology. we are actually coming to bring that technology from the chinese market to europe and i think it will benefit consumers as well as communities in europe as well. ., , ., ., ., , well. the european union has introduced — well. the european union has introduced most _ well. the european union hasj introduced most controversial towers of imports of chinese electric vehicles, how that's going to affect your company. —— controversial with carrots. 0ur —— controversial with carrots. our view is that europe is a

long—term opportunity and a long—term opportunity and a long—term market that we need to invest and continue to develop by providing the best products, technologies and services and with a team locally. this is something despite the curve, we had the continue to really build and improve and invest. i would say to an extent, it will present challenges and put pressure on us on a business model wise but this is all part of doing business globally as a multinational company and we are actually looking at this from a long—term perspective. what about the production in europe? what about the production in euroe? �* , what about the production in euroe? , ., what about the production in euroe? . . , europe? any company that wants to be a markets _ europe? any company that wants to be a markets company - europe? any company that wants to be a markets company in - europe? any company that wants to be a markets company in any l to be a markets company in any market, you have to have local plans and thinking. i think at some point, we need to have local capabilities which will include manufacturing, supply chain, local networks and services etc. this is part of the plan that we have to do

anyway. to the us where striking boeing workers have been rallying in seattle piling further pressure on the embattled plane maker to find a way out of the industrial action which is hammering its finances. some 33,000 workers on the us west coast have been off the job since the 13th of september demanding wage increases and pension reforms. the action has halted production of boeing's best selling 737max jet amongst others adding to an increasingly backed up order book. in response, boeing has announced plans to raise some 35 billion dollars to plug the cash drain caused by the strikes through share sales and new credit. last week, it said it will axe some 17,000 workers, around 10% of the workforce to meet what the chief executive kelly 0rtberg described as boeings new �*financial reality�*. 0ur north america business correspondent ritika gupta has the details.

boeing workers staged a rally in seattle, hoping it will pressure the plane—maker to raise its wage offer. hundreds of striking workers packed the main hall at the union headquarters with speakers from elected officials. management should be able to see the faces of the men and women in this room who deliver the production of those planes and deliver a fair wage. to the union boss, john holden. even when boeing received the i economics that they demanded, they squandered it . with stock buy— backs and then sending money back to the shareholders, - let's not forget it was boeing that has undermined its own| manufacturing system - for short—term gains, right? yeah. it was the largest rally the union has held since the strike began last month. and the show of force comes a day after the us acting labour secretary flew to seattle to meet with both sides in an attempt

to break the deadlock. tensions between the airline giant and the union remain high, especially after the company's announcement last week that it will cut 17,000 jobs. boeing is trying to shore up its flagging financial position and announce it will offer up to $25 billion in stock and debt offerings, as well as a $10 billion credit agreement. stay with us here. more on bbc news.

hello from the bbc sport centre. thomas tuchel has been confirmed as the next england manager. the former chelsea boss has signed an 18 month contract, and will take the reigns on the 1st of january next year. tuchel won the league with bayern munich and ps6 and the champions league with chelsea. until he's officially in post, interim manager lee carsley will remain in charge

for the november nations league games against greece and the republic of ireland. england have been without a permanent manager since gareth southgate resigned after euro 2024. 0ne one of the best managers in the world. he has one trophies at a paris saint german. although there are those positive ways, there are those positive ways, there are those positive ways, there are criticisms that he has taken this job. some believe that it should be an english coach to be in charge of the england team but he has a remit to come in and win a major trophy. to the nations league, where scotland held portugal to a goalless draw and picked up theirfirst point of their campaign. group leaders portugal had won three out of three before this one but scotland are still without a competitive win in over a year. the point was important for us after the work that we have put

into the group to get off the mark, it is now so pleased. defensively sound, the shape of the team is good. everybody contributed to what is a well done point. voting is open for the bbc women s footballer of the year 2024. five global players have been shortlisted based on their performances over the last year and the public will now decide the winner. you?can now vote at bbc.com/womensfootball. today, we ll hear from zambia and orlando pride striker barbra banda. she scored four goals at the 2024 olympic games in paris and has been one of the top goal scorers in the nw sl since her move to the us, playing alongside brazilian legend marta. banda is now the highest—scoring african player, male orfemale, in olympic history having scored hat—tricks at three successive olympic games. banda has been discussing the pride she feels wearing the zambian colours

on the international stage. i want to be the greatest footballer in the world. everybody can read about me and say ok, we had barbara banda. for me, me to be inspired for football, it came from my father, it was my father who played social football. he was the one who i was looking up to when i was growing up. african parents were against women playing soccer so it was very difficult for my mum to accept that. she would was encouraged me to go to school in instead of doing soccer. it is just now thatis of doing soccer. it is just now that is a change in africa. the moment that she accepted that is when i was called for the national team. is when i was called for the nationalteam. she is when i was called for the national team. she is now my number one fan. every time we

have a game, she is the first person to be in the stadium. putting on my zambian shed, it is very important for me. we qualified for the olympics and i managed to score a hat—trick. it was a great moment for me. we are hoping to do better but it was unfortunate that we do not go further. it was a great expense for me and i am think i'm still learning more from that. —— i'm still learning more from that. -- it i'm still learning more from that. —— it was a great experience for me. i felt that i needed something to challenge myself, it is very different here, the league is 1529 00:19