At TFL, we're making journeys safer for everyone, and that includes improving safety on London's roads.

That's why we and London boroughs are lowering more speed limits to 20 miles per hour,

because 20 miles per hour roads have already reduced collisions resulting in deaths or

serious injuries by 24%. That is how we're making journeys in London safer and brighter for everyone.

Such TFL Improvement Plan to the Mayor of London and TFL every journey matters.

This is CBS High in the World. I'm John Bachelor. The business of America is small business,

and I welcome my colleague and friend Jean Marx, the small business columnist for the Guardian

newspaper UK and US edition. Our hometown newspaper The Philadelphia Inquirer and other

distinguished publications such as The Hill. We begin with good news from the Wall Street Journal.

Pay raises. After years of falling behind inflation, they've now gone ahead of inflation.

Is this a good thing? Jean, a very good evening to you. Is this a positive? Because

this is the sort of thing that sometimes is mentioned by the smart people on Wall Street

as driving inflation and keeping the Federal Reserve on the watch. Good evening to you.

Hi, John. Yeah, it's a double-edged sword and you have to be careful with the numbers as well.

The Labor Department reported that wages over the past year have been,

they're actually over the past month, but on an annualized basis,

are rising more than 4% while inflation, the most recent indication from the Consumer Price

Index, is at 3%. Which is good news when you consider that you need workers to be keeping

up with inflation. For employers or any of you, anybody listening to this conversation and

if you run a business or in charge of people and you're budgeting for pay raises over the next 12

months, the target number there is 4% according to the Department of Labor, but I do want to caution

you. The Department of Labor takes this information from surveys that it can dox. It has a

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