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13/09/2011

We look at the eurozone, the latest inflation numbers and the largest urban shopping center in Europe, being unveiled in east London.

In the Eurozone bank shares experienced another hammering yesterday, mainly over fears that Greece might be about to default on its debt. There are also growing fears that a Greek default might spark a financial chain reaction that could lead to another global recession, and perhaps even the break-up of the single currency. We speak to Gerard Lyons, chief economist at Standard Chartered Bank. The latest inflation numbers are out this morning, and the City expects the headline rate of inflation, the consumer prices index, to rise to 4.5% from 4.4%, which is already more than double the Bank Of England's target rate. Chris Williamson, chief economist at Markit joins us. We also look at the largest urban shopping centre in Europe which opens in East London and the world's biggest motor show in Frankfurt, as well as the paper and markets.

30 minutes

Last on

Tue 13 Sep 2011 05:30

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  • Tue 13 Sep 2011 05:30

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