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Good morning from the Financial Times. Today is Tuesday, May 9th.

And this is your FT News Briefing.

A lot of folks are expecting the Bank of England to raise interest rates again this week

and China is being blocked out of European deals.

Plus, US commercial real estate could be the next shoot a drop.

You don't know where these pockets of trouble are going to turn out and being caught

of thought is pretty much the worst thing.

I'm Mark Filipino and here's the news you need to start your day.

British Central Bankers gather later this week and they're expected to raise interest rates

for the 12th consecutive time. Behind the expected move from the Bank of England is of course

stubbornly high inflation. Official data for March showed inflation running at over 10 percent

well above what the BOE forecasted earlier this year. Now the question is how much the Bank of

England will raise rates. Economists in the markets almost universally expect a quarter of a

percentage point rise. That would bring rates up to 4.5 percent the highest level since 2008.

Chinese investment in Europe fell last year to its lowest point in almost a decade.

A new study examined 16 deals in 2022 involving Chinese entities buying European businesses

10 out of the 16 were not completed part because of regulatory concerns. Here's the FT's global

China editor James King. Europe has begun to vet Chinese inward investments quite a bit more

carefully and I think that has been responsible for quite a few big deals in rather sensitive

high technology areas or critical infrastructure areas not going ahead. There has been a couple

...