ECB hikes rates to 2.5%
The European Central Bank has raised interest rates as inflation keeps climbing

The European Central Bank has raised interest rates as inflation keeps climbing
The European Central Bank has raised its key interest rate to 2.5%, as it steps up efforts to bring inflation under control. Will be taking a look at the kind of impact this is having and will other central banks follow suit.
Oil as hit over a hundred dollars a barrel, with jet fuel costs in some parts of the world pushed even higher.
And the Chinese telecoms giant Huawei goes on trial in New York.
Presenter: Luke Wilson Producer: Barbara George