yael selfin, thank _ financially more secure. yael selfin, thank you _ financially more secure.ou for your analysis. a state of emergency�*s been declared in malawi after tropical storm freddy struck the country for a second time, killing more than a hundred people. rescue workers describe being completely overwhelmed by the rainfall and mudslides. the cyclone's one of the longest running in history and has caused havoc across parts of southern africa. we can speak to our correspondent shingai nyoka, who's in harare. welcome, what do we know about what is happening on the ground? irate is happening on the ground? - understand that tropical storm freddy is weakening as it moves across the southern part of malawi, people are still talking about heavy rainfall, we have seen images of raging rivers and a destroyed infrastructure so the rescue and search efforts are still under way but there is still a long way to understand the true scope of this disaster. ~ ., ., ~ ., ., ., disaster. what do we know about what hel is disaster. what do we know about what help is available _ disaster

joining me now is yael selfin, chief economist at kpmg uk. thank you for coming on the programme.t rise? are we nearing the top? i think we are. we have had very steep increase in interest rates and a short period of time, and even though we had this unexpected increase in inflation based on the data released yesterday, generally we are expecting inflation to fall very quickly this year. if we are expecting inflation to fall very quickly this year. iii it we are expecting inflation to fall very quickly this year.— very quickly this year. if it does, does that mean _ very quickly this year. if it does, does that mean that _ very quickly this year. if it does, does that mean that we - very quickly this year. if it does, does that mean that we very - very quickly this year. if it does, - does that mean that we very quickly see all this being undone? unfortunately not. the bank of england at the moment considers a neutral rate of interest rates between 2% and 3%, we are probably likely to see interest rates at around 3%, maybe even a bit higher at the beginning, because they will stil

a short time ago i spoke to yael selfin, chief economist at the accountancy firm kpmg, who said the numbersnds. overall growth is likely to be relatively weak. hour is likely to be relatively weak. how much will this _ is likely to be relatively weak. how much will this influence the upcoming budget? it much will this influence the upcoming budget?- much will this influence the upcoming budget? much will this influence the u -acomin budaet? ._ .., upcoming budget? it may indicate he will have a little _ upcoming budget? it may indicate he will have a little bit _ upcoming budget? it may indicate he will have a little bit more _ upcoming budget? it may indicate he will have a little bit more room, - will have a little bit more room, because if the economy is growing faster, it means he's more likely to get revenue coming in with higher intake from taxes, and therefore that might give him a little bit more space to spend a bit more money. more space to spend a bit more mone . �* more space to spend a bit more mone . ~ ., more space to spend a bit more mone . �* ., y ., ~ more space to spend a

let's speak to yael selfin, chief economist at the accountancy firm kpmg.short term than what we thought last year, but we are not out of the woods yet, we still have some headwinds, and therefore overall growth is likely to be relatively weak this year. hagar to be relatively weak this year. how much will these _ to be relatively weak this year. how much will these figures influence the chancellor's upcoming budget? it may indicate that he will have a little bit more room because if the economy is growing faster it means he is more likely to get more revenue coming in with higher income from taxes and that may give him a little bit more space to spend a bit more money. d0 little bit more space to spend a bit more money-— little bit more space to spend a bit more mone . ~ , more money. do you think he will be renerous more money. do you think he will be generous with _ more money. do you think he will be generous with that? _ more money. do you think he will be generous with that? how _ more money. do you think he will be generous with that? how cautious i

yael selfin.eers who deliver food several times a month to hundreds of residents in the kherson oblast region of ukraine. these volunteers have continued to work within the artillery range of russian troops. it often comes close to costing them their lives. working at speed within range of russian firepower, these volunteers rush to load vital aid. translation: please stop, take it easy, it is heavy. please stop, take it easy, it is hea . ., ., , , heavy. even out on the roads, these volunteers — heavy. even out on the roads, these volunteers have _ heavy. even out on the roads, these volunteers have not _ heavy. even out on the roads, these volunteers have not escaped - heavy. even out on the roads, these volunteers have not escaped the - volunteers have not escaped the danger. translation: it is volunteers have not escaped the danger. translation: it is more difficult than — danger. translation: it is more difficult than intense, _ danger. translation: it is more difficult than intense, but - da