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lizzy: day two of eight days of strikes. about 2000 workers are expected to join this dispute over pay because we have double-digit inflation here in the u.k. it is going to disrupt trade. it is estimated it will impact $800 million worth of trade. to give you an idea of the scale of the trade, about 4 million of those containers pass through this port every year, the equivalent of europe's biggest port and trading hub and it's going to impact imports and exports. port officials are saying that they can weather the storm. they have been through covid and brexit. the reality is, they are not going to know how bad it will be until they see how many workers cross the picket line. it is not just the disruption to trade. the economic cost is twofold because of yours there is the risk of a wage price spiral, not just workers here who are striking. it's also liverpool, the postal workers, the transport workers, the barristers, the nurses. if they strike -- if the strike continues to spread across sectors, the risk is that the union

lizzy: exactly.rms of the rate decision we're expecting a half-point height, the biggest in the banks independent history and probably a seven-two split, with some dissenting in favor of 25 basis points. governor bailey has said we will have 50 200 billion pounds of qt in the first year, he is letting gilts roll off the balance sheet so we are expecting detail on the pace of that. and maturities across the curve, will he get out of this the same way we came in? francine: how should we look at quantitative tightening? one of the most difficult questions is how does quantitative tightening play in terms of financial conditions amid the rate hikes. lizzy: the bank of england said it does not wanted it to be the active tool, but it is really difficult to ignore. don't forget it is only the bank of england doing this. the bank has never done it before but at the same time, the fed is not doing active sales it is letting government bonds roll up its balance sheet. the bank of england will have to play it v

manus: let's get to lizzy burden.as outside the bank of england yesterday through today listening to that exchange. look, before we get to the politics around the bank of england's decision, what more do we learn about qt? that is the known unknown. will it impact the gilt market aggressively or meander through? lizzy: the bank concerned they are going to be 80 billion of constant -- of quantitative tightening along with 110 billion. that's going to begin in september. we are going to go out of quantitative easing the same way we came into it, in terms of how they are going to sell the maturities in buckets across the curve. the bank wants to emphasize that interest rates are an active tool. they would not be drawn on how much qt equates to in terms of basis points of interest rate rises. thankfully, the strategist at goldman sachs who have done the sums for us and they say 95 billion pounds worth of qt what have been worth 50 basis points of hikes. it's very difficult for markets to ignore. dani: we had the conservat

one - lizzie at the sportscenter. the triathlete is one. one of- lizzie at the sportscenter.e of the bi est triathlete is one. one of the biggest titles _ triathlete is one. one of the biggest titles of _ triathlete is one. one of the biggest titles of her - triathlete is one. one of the biggest titles of her career i triathlete is one. one of the | biggest titles of her career in triathlete is one. one of the i biggest titles of her career in a major race. taking gold today and the european championships in munich and she was in the leading pack in the cycling and searched into the lead in the final stages of the run. stanford only finished fourth at the rio 0lympics but has been in good form recently — taking a silver medal in the mixed relay for wales at the commonwealth games in birmingham. it's the first gold medal for team gb at these multi sport games. exhibits real, to be honest with you. i'm trying to get to my phone and tell them that i am retiring. but it's extra incentive knowing that this is my last day there in my last ever time in this and i can't think of a be

let's bring in lizzy burden. what are we expecting tomorrow?they will tell us how much household energy bills will rise in the fourth quarter, and one estimate says it will be 80%, and that would take the average built about 3500 pounds. three times the pandemic level. energy buses warning that more than half of u.k. household will be in poverty by january because they expect bills to continue rising and this is why we are forecasting that more than 18% inflation in q1 next year. this is top of the interest. both contenders to be prime minister look at how to change the system, but there is also the question of how to deal with businesses because they have not had any help so far. industry bosses are warning that several companies could collapse because they will not be able to deal with the wholesale gas price they are exposed to. tom: it is remarkable, more than 50% for households next year. how does the u.k. response compared to the response we have seen on the continent? lizzy: consumer price caps have been similar to france, in that the ma

lizzy: it is. didn't by the summer of discontent.have the transports break -- transport strike and now the barristers as well. truss says the government has to take control to avoid a wage price spiral, but it is a difficult argument to make one the public sector is not in control of price and not contributing to a wage price spiral. we are likely to get more data this week on the jobs inflation showing that the labor market is still tight, and patient is still climbing -- inflation is still climbing. francine: we see the labour party move on this. lizzy: i'm the one hand, this is the party of the union, but they are meant to be a government in waiting, so they cannot look like they steamrolled it. francine: thank you. . coming up, water levels on the key point of the rhine river are expected to stabilize at low levels. more on that story next. this is bloomberg. ♪ this is xfinity rewards. our way of showing our appreciation. with rewards of all shapes and sizes. [ cheers ] are we actually going? yes!! and once in a lifetime moments.

lizzy: they said they can act forcefully again.omberg economics forecast another jumbo height -- hike. the labor market might be cooling, but it is still red-hot. there is of course the recession risk. it is easy to criticize the bank of england for being behind the curve, but it sees a long and shallow recession as a consequence of these hikes. that might be too gloomy because of the unconfirmed fiscal policy. this is a difficult line that the bank of england is treading right now. francine: lizzy burden with the latest on the u.k.. coming up, aftc digital has been listed as another short seller, steering clear. we focus also along china and they may shore up more stimulus for the economy. this is after we had a robust set of u.s. earnings delivering a boost investor sentiment. we have manus cranny on the ground in vienna for opec. we surely -- oil partially bumped from more than six month low. we have worries of a tough economic outlook among tightening monetary policy. this is bloomberg. ♪ francine: welcome back to the open, eve

let's take into whittemore with lizzy burden. this scenario where we get thi?izzy: this is the worst-case scenario, not what the government is expecting. at the fact that they are planning for this to happen has led the pound to slide yesterday. the reason is because if we have a cold winter, and then the u.k. is at the mercy of european gas imports. let's remember, everyone will be competing for them so the prices will be higher. then we would have to import and we don't have enough storage in the u.k. there would be a shortfall of a sixth of peak demand. in that case, the government would switch to emergency coal supply, override commercial c ontracts and induce blackouts for some industry and homes. manus: liz truss is talking about tax maneuvers, etc. if this comes the past, it will challenge the incoming prime minister, isn't it? full stop. lizzy: boris johnson has said he will not do any more fiscally to help until we know we the next prime minister is. we had more hostings yesterday with a liz truss and rishi sunak laying out their stalls. households hav

joining us now is lizzy burden. lizzy: it feels costly because chaos is what the unions want.y are under immense pressure to deliver pay rises because they cannot do it during a cost-of-living crisis. the sense from the economic business research says that the cost of travel would be 100 million pounds. that is a small fry compared to the overall size of the u.k. economy. people are much better adapted to working from home after the pandemic and you have got more bikers. there is also the cost of a wage price spiral, but that is not a major risk because compared to the 1970's, the bank of england is independent, there is much less unionization. the summer of discontent's economic cost could be much less than history. francine: this pushes up inflation and the cost-of-living has wage increases. what does that mean for the bank of england? lizzy: the government is walking this tightrope of helping people through the cost-of-living crisis without contributing to it self. the bank of england went -- because of recession risk in the u.k. you have danny blanchflower saying that the

the growing risk of recession, lizzie, take it away, what do we expect?d morning. >> we are expecting a 50 basis point hike from the bank of england. on top of that, we are expecting more information about quantitative easing. the bank of england governor has already said we are going to get 50 to 100 billion pounds of quantitative tightening in the first year. what we are expecting today is more detail on the pace of that tightening and are we going to go out as we came into this in terms of across the curve. i point out to ironies. the bank of england paid over face value for these historically. as they are sold, the treasuries are going to have to cover the boe. this government cash cow is becoming a drain on the public finances. at the same time, the next trimester, liz trust likely to be, is also wanting to cut taxes, which means the boe is going to have to pull opposite levers -- to levers in opposite directions at the same time buried manus: more on the rate decision with the government this afternoon on bloomberg. this is bloomberg. ♪

to ukraine in terms of aid and lizzy burden.t suisse shifting the focus to a broader set of wealthy clients. what does that mean? we take a look at the zurich based lender next. this is bloomberg. ♪ manus: this is "bloomberg daybreak: europe." credit suisse will be shifting its resources from a broader range of ultra-wealthy clients. what does that mean? they are chasing -- what is the special sauce they are chasing? >> they are really going down market. instead of $30 million, they are going after those who only have $1 million. we have seen ubs do this. not really shocking. interesting pivot. manus: we will talk again. - [announcer] imagine having fuller, thicker, more voluminous hair instantly. all it takes is just one session at hairclub. introducing xtrands. xtrands adds hundreds or even thousands of hair strands to your existing hair at the root. they're personalized to match your own natural hair color and texture, so they'll blend right in for a natural, effortless look. call in the next five minutes and when you buy 500

lizzy burden, what are we expecting?ave five minutes until the data, but they are likely to show it is tightening. the three .5% unemployment rate continuing. but it would mask how tight the labor marking is. you have vacancies at an all-time high. have we passed peak tightness in the labor market? people seem to be coming back to the workforce out of early retirement because they need the money to deal with the cost-of-living crisis. at the same time, offsetting that affect, the long-term issue does not seem to abate, the government wants to limit inward migration. you mentioned pay as well, that's the other element. there's an interesting story on the terminal, you have six minutes before the data, i need you to look at it. it shows reddish women are less likely to ask -- british women are less lightly desk for arrays than male counterparts even though the crisis -- a cost-of-living crisis is taking a bigger chunk out of their pay. dani: what does the data mean for the bank of england? manus: if tightness is persisting

thank you, lizzie.ve more to do we will not do it until monday have a great friday and great weekend. see you on monday morning. "squawk box" is next take care. dad, we got this. we got this. we got this. we got this. life is for living. we got this. let's partner for all of it. edward jones when hurting feet make you want to stop, it's dr. scholl's time. our custom fit orthotics use foot mapping technology to give you personalized support, for all-day pain relief. find your relief in store or online. >>> good morning waiting on the fed chairman jay powell set to deliver a highly anticipated speech in just about four hours. >>> developing story california banning the sale of new gas powered vehicles by the year of 2035 >>> how elon musk could soon end so-called dead zones which have been plaguing cell phone users for decades. it's friday, august 26th, 2022 "squawk box" begins right now. >>> good morning welcome to "squawk box" here on cnbc we are live from the nasdaq market site in times square. i'm reb

for more on this, let's talk to lizzy burden.hat are we expecting from the european estimates in terms of inflation, and a layer on top of that what we have heard from officials. lizzy: if you look at the big four, germany is expected to be the only one where inflation will rise. across all of the nations, their balances between road fuel costs is falling, and food and energy costs rising. in germany, the latter will win, or is expected to. in france and italy, inflation is expected to follow. across the euro area for the composite, we are expecting just a little drop from the record high of 8.9% to 8.8%. that will be the first since june last year. but we are expecting this pounds in september because partly of the hot weather, which will add to agricultural prices, but also with russia closing off the gas supply through nord stream's pipeline. you say about the ecb's hawkish comments recently, to factor in how all of this will affect the ecb, we are expecting a 50 basis point hike at the next meeting. but of course, if there ar

lizzy burden joins us now.t we are looking at the inflation of cheeseburgers, and i urge everyone on social media to check out this article. we look at inflation, which is what you have been doing. lizzy: you are going to see inflation rising in october and the bank of england seeing 13% in energy prices rising. what we should be looking for is what the bank of england will do in september. we get the inflation of jobs data next week, but this is still interesting. the gdp today is still in line with economist expectations and what it shows is the cost of living crisis has already been taken out by retail spending. you saw the higher energy prices weighing on import prices, and now the trade deficit is the biggest on record in the second quarter. both of those weighing on gdp, and the bank holiday turning weekday into a weekend. tom: it wasn't as bad as some has expected. jumping on a cheeseburger, and on the same way of politics, i remember ed miliband fighting to get into also as of trouble. talk us through t

this is a temporary phenomenon. >> lizzie joins us now on sat. interesting listening to what he had to say. he's concerned as a result of which policy needs to turn rapidly. yet we had an inflation print that is i watering. double digits. people are now actively talking about 100 basis point hikes here in the u.k.. you describe 50 basis point hike , where does that leave 100 basis points. >> people are talking about 100 basis points. i think it might be person. >> the debate is starting and moves out from there. >> it's a real minority call. his view is inflation will get so high it will tame itself. our response was what's the point the monetary policy committee then if it's just going to sit on its hands. after the inflation print, economists have moved to say it good to say it can be 50 basis points. not even markets are even pricing for 75 basis points. remember the talk of the committee isn't can it be -- the hawk of the committee isn't can it be there. a big question mark. frankly at this point 100 basis points does seem rogue. alix: i felt

lizzi covering the u.k. g.d.p.umbers and bruce has the latest development for the search of the trump residence. juliette saly is looking at the asian market. largely reflecting the drop in the energy costs representing moderation of inflation pressures. meanwhile, san francisco fed president mary daily saying she is open the a .75 hike next month. >> i have a hike that is 50 basis points where i have been since the last meeting but i have an open mind whether 75 will be necessary and a lot will depend on the labor market, inflation and where we start to see -- we see those things slow enough to whether we have the momentum. >> mark is with me. it has been a huge week. hike speed floated by everybody. here we are the great pausability factor. what do you make of daly's comments? >> if anyone is worried that the markets are not going to be awake as to their risks in the next few weeks, they only have to look at what mary had to say the next few weeks will be very -- especially for bond markets. by saying she is -- 7

lizzie. concerned by it. christine... lizzie- for _ concerned by it. christine... lizzie.ose like christine who are lucky enough to get treated i lizzie. for those like christine who are lucky enough to get treated at| are lucky enough to get treated at the clinic, relief can be instant. great. that is that.— great. that is that. really? christine. _ great. that is that. really? christine, we _ great. that is that. really? christine, we have - great. that is that. really? christine, we have just - great. that is that. really? | christine, we have just seen great. that is that. really? - christine, we have just seen you had christine, we havejust seen you had that tooth extracted. how are you feeling now?— that tooth extracted. how are you feeling now?_ pain - that tooth extracted. how are you feeling now?_ pain free. | feeling now? relieved. pain free. that must be _ feeling now? relieved. pain free. that must be nice _ feeling now? relieved. pain free. that must be nice after _ feeling now? relieved. pain free. that must be nice after the - feeling now? relieved. pain fre

lizzy: we're expecting a point 2 percent drop.t has to do with the bank holiday to celebrate between's -- the queen's jubilee. inflation is expected to hit not just double digits but to go above 13%, an urgent call to address that. former prime minister brown has called for a way to address that. but we have heard that there will not be radical fiscal policy until we get a new prime minister, which we will know september for. which is worrying for many that the economy is idle at this moment. in terms of how the two candidates will address the cost-of-living crisis, this is the fault line in the contest so far. liz truss says she wants to cut taxes from day one, rishi sunak says tax cuts won't help the people that needed most. he says to continue the support he started as chancellor and fund it by the efficiency savings throughout the government. manus: truss's number is 40 billion in terms of a fiscal pulse. what would truss due to the bank of england, is it about the mandate but leaving the independence integral and whole? lizzy

lizzy burden from london hq and dubai.his is bloomberg. ♪ manus: it's daybreak europe from dubai and london. louis vuitton's epee disruption after its pilots -- lufthansa may face disruption after pilots voted for strike. a wage deal could unleash another wave of cancellations unless the airline's negotiators and labor representatives can settle differences. u.k. dot workers are planning to bring europe's biggest container port to a standstill, worsening supply chain problems. and finally, the barristers are on strike. along with british telecoms, all out on picket lines. there is the scene outside, not the old bailey, one of the major courts in the united kingdom. wigs on strike, who would've thought you would see that? lizzy burden is in the u.k., she can shed light on this month's turmoil. economics 101, the barristers strike is shocking, but what is this going to cost the economy? lizzy: it is causing massive disruption but that is clearly what the strikers want to do. they want to get attention for their cause because

lindsay burden -- lizzy burden is tracking this for us.of the labour party has come out, what does he have to say? >> this is really responding to the criticism that there has been a policy vacuum. you have a lame-duck prime minister, we won't know he was the next conservative leader till september 5, and even the former prime minister has been telling us what he will do -- would do if he was in charge. this is the labour party setting out what they would do, this was originally a labour party idea and conservatives adopted it. remember, these aramco profits are symptomatic of what the energy giants have been raking in through the crisis. manus: and obviously strikes not just port workers, but the barristers as well. lizzy: not just the barristers, but also the doctors are threatening to strike. they trust -- the front runner to be the next conservative leader says she wants to control wages. a argument when the public sector doesn't have the power to set prices. we get jobs and inflation data this week. power is in the workers hands. manu

this is lizzy mccloud whose global coal reefs lead at the nature conservancy, researches like lizzie, are going one step further in the quest to help reefs resist climate change by investigating how to actually toughen cold reefs up. and so some of the strategies people are using is, are taking corals that are what we call express hardened. so they're better able to deal with ocean warming and actually transplanting and moving them from those areas to other areas, with the hopes that they'll pass along that trait to their offspring and help the corals in that new area be better able to cope with warming. one way of doing this is to find naturally heat resistant. corals that have survived taught what as before and transplant them from one reef to another. and these aren't the only cutting edge techniques are such as a, using our, the teens are hoping to not just toughen up coal reefs as a whole, but also the individual kohls themselves. in my research, we are mostly focusing on increasing the, the tolerance of corals to heat. this is ecological geneticist, madeline fun. open. madeline'

lizzy burden keeping us abreast of the data that will drop. to parity and beyond in the pounds. this is bloomberg. ♪ as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. - [announcer] imagine having fuller, thicker, more voluminous hair instantly. all it takes is just one session at hairclub. introducing xtrands. xtrands adds hundreds or even thousands of hair strands to your existing hair at the root. they're personalized to match your own natural hair color and texture, so they'll blend right in for a natural, effortless look. call in the next five minutes and when you buy 500 strands, you get 500 strands free. call right now. (upbeat musi

lizzy burden on the energy crisis in the u.k..is happening across the channel, french president emmanuel macron is off to algeria. one of the world's largest gas producers. will he get there too late compared to the italians? how are you? the trip to algeria, is there enough gas to algeria to give to the italians and the french? >> this trip is not about gas, it is not about energy, it is about improving the relationship that have been damaged by a lack -- a lot of misunderstandings. recently there have been tensions over visas. and of course the 60th anniversary of independence of night -- of algeria from france after more than a century of colonization. they have many business interests, france does not -- algeria needs more wheat, inside the exports from france to algeria. on the energy front, france is not as reliant on gas from other countries, about 10% of the gas comes from algeria. manus: [indiscernible] on those three pipelines, and the southern european states, where does france rank in terms of algeria? what proportion

europe has been looming large for weeks. ukraine says it was narrowly avoided on thursday. yet with lizzie, if an angel generally does, didn't on on. if after the black out, the automatic systems and personnel didn't start working, we would have had to face the consequences of radiation. accident eligible is mostly, russia has put ukrainians as well as all europeans. one step away from radiation is asked us to have a local grain. you, she, he will play to sit watches across the thread yet see me, castile there has been growing concerned about fighting of the par, blonde on thursday. fires visible your on satellite imagery knocked out its last external power line. the electricity it's applied was used for cooling and safety systems at the nuclear power plant. norma, i think with ukraine has blamed russian forces for starting the fires. rush us as there was bog by ukrainian chelan give residence where the danger has not been awarded. yes, i think every thinking person is afraid. now everyone is afraid, shot you not knowing our neighbor, knowing what it is, cable to love. we understand that t

well, but if i'm forcing lizzie magickal mind, if you can leave me some bet, i'm not can sure. no, she a kid subject to midway between the bank and how it should be lee. i'm just now because you had to be much hadley barbara and you know, you knew what i had to do but to she been at my cell and getting the g m in hollywood hold on one second. ready lizzie, just to see what cell am i lack of a rough city, dim, dim and debate the fed it has in. ready la jane and a. ringback model last name measure, sit in it in a bad that had this mad that a general holla cologne. and i was sitting in the the was you the summer? i wonder how it is a lot of work. clevi a little to look at it, but it does it well no, i think we deserve that. oh well and then you to to need what these, what's the ssl certificate and what's the ada and you will hear the machine feel fit. we're all on the limit, oscar, he was army amenities, a little slice them with the cherokee a political. ready tensor kennedy, for imbecile to proceed with their homeless shelter. one of the daily g. b a. this will be the she had a c

but lucio and he's in the law lizzy not got cut off syllabus. i'm out of one man job a, roger. roger. hi jim b and i was trying to get him if i'm doing well. i job done this my on the la. busy bought the vehicle cutterson. hi. today it's mom. bizarre and also they apply the most little guy, had the minimal effect, rod, you'll be lucky or rod, you'll see elma, that there's yama how long a nurse lease of bond me until i get a year of the year. the mac jennifer? well, you guys, if you will, not a lot of bobby, you know, what? heck, where he can tell you been in come see know, will put him in the way up with jealousy. and after that, obviously it was, the sally would have been gone. and why should i be marlyn, madame bella clause when that of how the another cut off as a photo book got to be a part of the level last mortgage in the us. what you can call to see can all this terrace is a her daughters, tim, artist, area potable on book rest, head issue, trouble, you had dental my body dare were to jar of an empty j. a remarkable dry. where not call her know that there were a little c

were joined by lizzy burden, to what extent, how much pressure is on the u.k.ng market at this point? how much of a crisis is this? >> you got double-digit inflation, swallowing up wage growth. with all these rate hikes, despite the recession risks. were likely to see the start of active guilt sales. you could get a slowdown if not housing market crash. they told us it will be a crash. let's not be too catastrophic, i think 75% to 80% of homeowners have a fixed rate mortgage. they are in for a nasty shock when that bottom rates state walked in. you take the banks which show forbearance, as they did in the pandemic. it is not as catastrophic yet as you might think. tom: there's a need to build an additional 300 pounds, what is the next prime minister have in mind? if it is list trust, to address the problem in the housing market. >> government has -- we've had about a decade of constant growth. about half -- about house buildings of there's been a shortage of new homes. it is actually policy intervention, in terms of the next prime minister, they are not going t

senator lizzie -- lindsey graham -- this visit will not -- is that a change in u.s. policy. is -- it is reinforcing the relationship between taiwan and the united states. " applied for -- present -- senator closing -- representative pelosi for not backing down". " we are committed more than ever to all elements of the taiwan relations act." we will show you more from other republicans and this is from andrew, richmond, virginia, oppose line. caller: i oppose it because i studied the -- for most of my career and the biggest reason i oppose it because we have known for years that china phosphorescent intentions to retake taiwan. it is most likely for quick -- forcefully because -- the reason i oppose it because it is going to stir up the hornets nest. xi jinping has stated it we interfere, he will accelerate the timeline in time -- trying to take back taiwan. china does not care about its military troops in that aspect we do. we placed lives over objectives as china places overlies the biggest issue is does it accelerate the taiwan in trying to take back taiwan and if so, how

inflation -- hitting fluted general motors chair and ceo mary barra, greg adams, and fl cio president lizzie schumer, they spoke about job creation the cost of living. >> good afternoon folks, we have

i, lizzie, yeah. i love as often the weather you saw look, why don't all that she showing may better a minute. okay, sure. flexible as to now i don't voice them booked. and more of a payment with this i know with my mini island here all a sudden with a stare. bizarre shell salt by and your so last i'm where i'm nice and download through that yet. i would like i would like i'm on the right way. miss symbol i am no soon with to me to questions are you far man? i did not. i come here by the phone and good luck with whom do i want a value of the equal to thursday to me and we'll go far, far though it'll howard showed me and but i showed more than half the collections. oh my god. why, why about follow are follow up in here, michelle, i'll run nathan on the same for the ones that are submitted cornish to silver auditor. those to you? i mean, be shamal. i mean, i was one young marshall room sher party, a star wars. ah, i pod was gonna so she she wanted to, she show us a 4 digit code on the meeting. lot like

let's get more with lizzy burden. we were expecting 50 basis points but the forecasts are so ugly. >> that is precisely the word. i am trying to hide how depressed i feel about this. you are in the room with andrew bailey. it is across all the front pages of u.k. newspapers today. the bank of england had to go for this jumbo rate hike which it says itself will lead to a long but shallow recession the likes of which we have not seen since the 1990's because it sees inflation not just in double digits but above 13%. this is a dilemma that bank has never had to deal with in its independent history. these forecasts may be bleak, you would hope they are bleaker than the reality will be because the bank can't take account of unconfirmed fiscal policy. but then you have these warnings that liz truss, the frontrunner to be prime minister, her tax cuts might be inflationary. the other thing that came out of this meeting yesterday was that quantitative tightening point. we will get 8 billion pounds within the first year, 10 bil

let me talk to lizzie crowley on that, first of all. do you think t—level is yet overcoming that problem? it is actually, all the studies say, the equivalent of the a—level, it is the same, it is just a different approach to developing these skills. a different approach to developing these skills-— these skills. yes, i think there is a bit of a barrier— these skills. yes, i think there is a bit of a barrier here, _ these skills. yes, i think there is a bit of a barrier here, because l these skills. yes, i think there is i a bit of a barrier here, because we have _ a bit of a barrier here, because we have surveyed senior decision—makers, and there is a low-level— decision—makers, and there is a low—level awareness currently what t-levels _ low—level awareness currently what t—levels are, so only 46% of people we surveyed — t—levels are, so only 46% of people we surveyed had actually heard of them _ we surveyed had actually heard of them at _ we surveyed had actually heard of them at all, and of those employers who had _ them at all, and

ready lizzie, just to see him or would sell him. i like to rough, dim and debate the fed it has in. ready jane and then a. ringback model can last name, measure, sit in it, you know, bad that had this you mad that a general harlow cologne. and i was sitting in the do you the one mother own how it is a lot of work work clevi a little to come look at it, but it does it well no. i think we deserve that. oh, well, and then you to, to need what these, what's the previous thought it was clearly at it and you know, well, you know, if you initiate the wolf it to be no arms limit us. could he, he was army amenities, what it was like them with the cherokee potable tensor? kennedy imbecile, la casita said they are homeless. sopa one of the d. b a. this will be that she had a continual use of edmonton. lama laska told me how blessed a doors. ready in the bush with m b i the checking ask is, am sick as sold by laska, you called me about how much time do you follow me at the another. but in one key part of the middle east palestine change was far harder if not impossible to bring about. while man

reporter: hey, great to see you, lizzie indeed. indeed u.s.trate judge bruce reinhart says he believes there are portions of the fbi's affidavit that could be unsealed. it's a document that lays out in fine detail the probable cause that investigators used to persuade that very judge to green light the search of donald trump's home in west palm beach 10 days ago. now the department of justice wants to keep the affidavit sealed arguing it deals with highly classified materials and contains the names of witnesses who could become vulnerable to potential threats. attorneys for media outlets argue it is the public's right to know and historicking is cans of the search outweighs any arguments to keep those records sealed but in the end, somewhat surprisingly judge reinhart took the middle ground ordering the government to send him proposed redactions to the affidavit by noon one week from today. the judge says he will review the suggestions and decide whether he agrees. after the hearing one media attorney said, the outcome appears fair. >> i feel

okay, lizzie, him because it was one done but i so what you put them on board problem evening. but i don't you water long soccer. se santos. to say something like in it's real. la. gloria north, down north alien the out the whole house on the oil blend in the zone. please think you are not only will started coming out of the us that lot on the desk. i sat on thought 1000000, lieutenant myrtle new license plate. going then not pay at all and the you, i get her if we went into the a so, so good much melissa and said that they will send you to somebody sooner. long a long. well, yeah, i guess i need to complete that. i did the boy you out because he had you. yeah, i forgot how my middle feo ta 3 tv believe i saw a my radio personally. i lease it back on. so i imagine it was talking about me and why my nana, you all call off. i think you said yeah get half in dalton or mile do as i will say leave here the bag. i know it better than bought a you know, i need to be there by sally. believe the graph saves. are we right on that? ah, let me check with it right off, right? yep. okay. i d

i'm lizzie greenwood—hughes, here with your latest sports news.o dig deep in the final running phase in munich to take the overall lead and hold on for the win. stanford, who's a former world champion, has been plagued with injury but helped wales win a silver medal in the mixed relay at the commonwealth games last month. it's the first gold for team gb at these multi sport europeans. it isa it is a bit surreal, i'm trying to get to my phone and the asked me if i was retiring. it's an extra incentive knowing that this is my last world triathlon race and ijust can think of a better way to bow out with a gold medal in european champions in the first every i represented great britain since 2011, so to come here the european champs. there was also some succes for britain's track cycling team in munich. it came in the men's team pursuit where rhys britton, oliver wood, charlie tanfield and kian emadi managed to hold—off germany in the bronze medal race to get onto the podium. france beat denmark to take the gold. and then olympic gold medallist freya a

ready lizzie, just to see him or would sell him. i like to rough, dim and debate the fed it has in. ready jane and then a model can last name, measure, sit in it, you know, bad that had this you mad that the general holla alone and i was sitting there in the now you know a lot of other how it is a lot of work. birth clevi a little to come look at it, but it does it well no, i think we deserve that. oh, well, and then you to, to need what the thing was, the previous thought it was clear and yeah, well, you know, if you're in the, she's, you know, it be honestly with us. could he, he was army amenities, what it was like them with the cherokee potable tensor. kennedy imbecile perceived that they are homeless sofa one of the. ready this will be that she had continues to use to fit laska, he told me how blessed a doors. ready in the bush with a club be of either check him as good am sick. as soon bye laska you called me but i was on the phone on the another. but in one key part of the middle east palestine change was far harder if not impossible to bring about. while many other arab soci

ready lizzie, just to see him or would sell him. i like to rough demo demo debate. the fed has in on a. ready la jane room model can last name measure, sit in it by that. how this mad that a general hala cologne and i was sitting the shirts in the do you the mother own how it is a lot of work work clevi a little to come look at it, but it does it well no, i think we deserve that. oh, well, and then you to, to need what these, what's the point of view. so take a look at it and you know what? you know, if you initiate the r for it to be no arms limit oscar, he was li amenities let it applies to them with the cherokee a political. ready tenser kennedy imbecile perceived that their homeless shelter was d. b a. this will be that she had a good today or the use of edmonton lama laska told me how bless doors. ready in the bush with the club, the coffee table i the check ask is am sick as sold by laska, you called me a but i'm was on the front of the another. but in one key part of the middle east palestine change was far harder if not impossible to bring about. while many

okay. lizzy in him, because he was one done, but i so you put them in boys doesn't even though you want. ha. okay. say santos. to say something like in any squeal, larry and i found no say in the, in the out the whole house on the one or blend in the zone, please keep you on on. they don't, they will start with them. i noticed that a lot on the desk, i sat on thought 1000000, a champion. i'm the animal license plate thing. they're not pay at all. and i know who i need them. he says, look at them as melissa and says that they will send you to somebody. you know, i don't know. i guess everybody in your company to the, to the boy you out. we see hon. yeah. yeah. i forgot how my middle theo tell to the teacher, but even better, i suspect any info. second level. i looked at my radio personally. i leased it back on so i think about your modeling, but not about me. why my nana, you call off? i think it's eddie agatha in dalton or milo, do us. they will say leave your the bag. i know it because i'm bought a, you know, the, i mean i don't need to, we don't buy salability gas saves. are we rein o

okay. lizzie, him because he was one done but i so huh. to some of them boys, it doesn't look good evening. oh oh, do you want ha and so say senora to say something like in israel, larry, on my thumb theater in the or out the whole house on the oil blend in the zone, please keep you on on that only we'll start with them. i noticed that a lot on the desk, i sat on donnelly low champion on myrtle new license plate. going then not at all and the you, i get her if we went into the a so so care they must know was them and said that they were sandlon due to somebody's young lawyer, a joe. i believe your company to the, to the boy you out because he, hon. you yeah, i forgot how my middle theo, top the tv, the noise was like a 2nd level american eagle. personally, i leased it back on. so i imagine it was talking about me and why my nana, you all call off. i think you said yeah, get happy to help normal to us. i will say leave here. there are no better than bodinez. i need to be there by sally. believe the graph saves, are we right? ah, let me chec

okay. lizzie, him because he was one done but i to hook you up to some of them boys doesn't like movies. what do you want? i mean like i say santos. to say something like in israel? gloria north thumb looked alien. look out the whole house on the oil blend in the zone. please keep your not only will start with them. i noticed that a lot on the desk. i sat on thought. milly, lieutenant myrtle knew, louison played going then not pay at all. and you, i get her if my juanita is so so good much melissa and said that they will send you to somebody sooner. long a. well, yeah. i yeah. so pretty to complete the did the boy you out because he had you. yeah, i forgot how my middle theo, top the tv though. i suspect the 2nd level a my radio personally. i lease it back on so you can imagine a global talking about me. why my nana, you call off? i think it's eddie aggie taffy, dalton or milo, do us. i will say leave here their bag. i know it better them, but what day, you know, i need to be there by sally. believe the graph saves. are we right on that? ah, let me check with it right off, right? yep. o

ready ready lizzie, just to see him or would sell him. i lack out a rough, dim and debate the fed it has in on a level jane and a model can last name measure sitting by that. how this mad that a general hala cologne and i was sitting in a shirt in the you know, i love how it is a lot of work work clevi a little to look at it, but it does it well. no, i think we deserve that. oh, well, and then you to, to need what the thing was, the previous thought it was clear and yeah, well, you know, if you end up it be a no arms limit asked he, he was really amenities how it applies them with the cherokee of total. ready tensor kennedy, for imbecile la casita said they are homeless sofa one of the teeny hgtv. ready this will be that she had a continual use of edmonton rom, alaska told me how bless doors. ready in the bush with kirby coffee i, the check is, am sick, as soon as i get a you called me, but i was on the front. medina. but in one key part of the middle east palestine change was far harder if not impossible to bring about. while many other

okay. lizzie, him to target portable one done but i so you put them in boiling problem evening. what do you want? oh, okay. say santos. to say 2nd it's for you. and i and i found no say in the, in the out the whole house on the window blend in visit, please keep you or not they don't, they will start with a minute. i sat alone on the desk. i sat on top 1000000, a champion. i'm yet no license plate though. yeah, no. okay. at all any you again, i don't know if we won't need that. he says okay, good mass, new stuff and stuff that i will send you to somebody still no longer with you. i guess i yeah. so pretty, pretty tech on very to the, to the boy you out, the see, hon. yeah. yeah, i forgot. so my middle seo tell directtv though, but i suspect galindo's like a level a minute ago, personally, i lease it back on. so think about your modeling over talking about me, dana, or a my, nana, your call off. i think you said he argued toughie talk normal to us. i will say leave your the bag. i know it. hey, i'm body, you know the, i mean i need to we that by salability got saves. are we are a

even the saladas leave dusky. lizzie, the widow briskin is here. you do said visibility, actually away lloyd, because downscale the law, was you on a good? yeah. was that i i yeah, know what i see a ah, here and you'll say with us money open it. i'm what i would have to um, hopefully in the reason my keep them keeping my eyes and your skills. i mean, i think it was like i'm down is that it is from some more if you saw her weight, or did you usually with i just um which if it is a way to go out on the bus or business to look for that need somebody jo, only wish i was to wait on you on a bus. yes. limit or to book why need you to mess up? isn't a class somebody death on you just case from the by, you know, the beginning of she has to have she had it done and i gotta get the chaise concept as are the ones that would normally are the biggest to, to, to, to the most like almost what i just me 3 here the database but any of the west or can make such a good they would ask them. what do pretty good on it was consistent mission. thank ah, with whom do you l

but i'd, she would go, lord, let good of up with visit even the slightest lead dusky. lizzie, the widow bridge is here. you do said is of it. he actually away lloyd, because that his dad's gay the law was eulogy resonated a good year was prior. we, i yeah, no, what i see is a ah, here and you will say what us money opened it and what i would have to present. i'm hopefully in the reasoning my cookie, them, i can't bring my answer. yes, carol, i mean, i think it was like i'm down. is that it this on some more or did you just usually with just some which if it is a way to go out on the bus, will business to look at was i need someone to jo, only wish i was or why not? somebody on your mind a limit or to book while you given us up. is there a connection to the death of you just case from the by, you know, the beginning of she has to have she had it done and i gotta get the chaise concept because otherwise i would normally or the previous due to a coma for what i just me 3 the database, but any of the west or can we set you up with asking them what you believe granted was considered transmis