my interview with the global ceo of one of the world's biggest train and tram makers, alstom, on the across the world. wherever you'rejoining me from around the world, once again, a big hello and warm welcome to the show. you know, across the world's most powerful countries, the cost of borrowing money has been going up. central banks, they've been raising the interest rates to tackle inflation. and while banks have been lightning fast in passing on those rising rates to those who borrow from them, those who save with their banks, well, they've not been seeing the same immediate reaction. if they want higher rates, they often have to shop around and move their money. in the united states, the world's biggest economy, you can see the difference. the average interest rate for someone wanting to take out a 30—year mortgage is around 7%. but the average rate for savers? it's a lot less. just 0.35% a year. so, if you put $1,000 into the bank, you would earn just $3.50 in interest. in europe, it's a similar story. the average interest rate you have to pay if you want to borrow money to buy

but with governments and businesses like alstom feeling the impact of these these high prices, consumersble travel more of a priority today than it has been in the past? well, we need, and the world, as you said, is already facing this challenge on one hand, to have this inflation and the economic crisis that we are facing. and on the other hand, day by day, we see the impact of the climate change. so we need to find a way to combine the two. and it's fair to recognise that trains is much more efficient from an energy standpoint, from a cost standpoint, than to have your individual cars or individual mode of transportation. so we need to find a good environment, regulatory environment, in order to boost the usage of trains in the world. but it's true that the situation today is quite challenging and all the states have prioritised for this rail investment as opposed to other type of investment. but it's true that it's a complex situation to be in. well, on that point on, henri poupart—lafarge, the big boss of alstom, a real pleasure, my friend, having you on the show. thanks for your tim

well, on that point, henri poupart—lafarge, the big boss of alstom, a real pleasure, my friend, havingthat's it for this week's show. i hope you enjoyed it. don't forget, you can keep up with the latest on our global economy on the bbc website or the smartphone app. you can also follow me on twitter. tweet me — i'll tweet you back. you can get me @bbcaaron. thanks for watching. i'll see you soon. bye— bye. hello there. the snow was melting on sunday, temperatures were widely in double figures, but that doesn't mean the cold weather has gone away because we've got warnings from the met office through monday and into tuesday for snow and ice across northern parts of the uk. and it's cold in the far north of scotland — temperatures close to freezing first thing in the morning. otherwise, it is a very mild start to monday. we may well have some early sunshine across eastern parts of england before we see a few showers. other parts of the uk, more cloud, showers or longer spells of rain, and the rain in scotland is going to be turning more to snow, particularly over the hills, as a northerl

well, on that point, henri poupart—lafarge, the big boss of alstom, a real pleasure, my friend, havingr this week's show. i hope you enjoyed it. don't forget, you can keep up with the latest on our global economy on the bbc website or the smartphone app. you can also follow me on twitter. tweet me — i'll tweet you back. you can get me @bbcaaron. thanks for watching. i'll see you soon. bye— bye. hello. there's a weather battle going on this week, a battle between mild air and cold air. the mild air clung on for many on monday. in fact, parts of eastern england got all the way up to 16 degrees. compare that with just 1 degree in parts of northern scotland. and for tuesday, the cold air wins out for now. those parts of eastern england, just eight degrees on tuesday afternoon, and some spots in the highlands will struggle to get above freezing. with that, it will be breezy, not quite as windy as it was on monday. and there will be some wintry showers around as well, some ice to start the day. the cold air working in behind this band of rain and some hill snow pushing across southern englan