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Transcripts For BBCNEWS BBC News at One 20240706

while fighting in ukraine. and the blanket bog in scotland that is aiming to become a world heritage site. and coming up on the bbc news channel: the countdown is on for this weekends s six nations. scotland have named their tieam to face egland. we ll bring you the latest. good afternoon and welcome to the news at one. the bank of england has raised interest rates from 3.5 to 4% meaning they remain at their highest level since 2008. the increase could add nearly £50 a month to the average mortgage payment at a time when many people are already struggling with crippling energy and food bills. it will also have an impact on repayment charges on bank loans and credit cards but it is better news for savers, who should get a higher return. the bank of england says the increase should help to control rising prices reflected in the high rate of inflation. 0ur economics correspondent andy verity reports. in leeds like every where else, the cost of keeping up a mortgage is jumpi

Transcripts for BBCNEWS BBC News at One 20240604 13:10:00

playing £100 million of tax. next year they will pay £1105 million. that is peanuts you might say compared to the profits. but only 5% of shell s activity happens here in the uk. most of their money, almost all, is made in and taxed by other countries. plus, they re allowed to offset decommissioning costs for old oil rigs and investment in the uk against the profits. that is why the tax numbers are in the uk are so low. that won t satisfy people who think they re not paying their fair share. some say they should pay tax on their share buy backs, the way they give money to shareholders, they give money to shareholders, they gave five million last year and another five billion this year, that includes pension funds, but some people will say they re not paying

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