Quite simply they are doing this because of inflation and the rate of Price Increases and the International Comparisons are clear, although inflation is falling, in the uk it is not falling by as much or down to as low a level as it is elsewhere in europe in the us, and the us, and the bank has been talking up food prices and the amount we pay for services and the speed that wholesale, lower wholesale prices are being passed through the supply chain to us. The bank talked about crystallising risks, essentially the fear that when it comes to private sector wage growth, rings might be becoming embedded so they argued they needed to continue acting despite the impact it will have on households and businesses and we know the impact it will have on uk households and Mortgage Holders and also those ran singh. Also a warning from the bank also those renting. They said the rates will be high for a while, they are expecting inflation to meet the target of the Prime Minister, to half inflation t
Responsibility for the fact that inflation in the uk is much higher than it is in comparable countries. In the us, it is 3 . In the eurozone it is 5. 3 . And yet, here in britain, inflation remains stubbornly at 7. 9 because of a decade or more of mismanagement by the conservative party. Lets talk to our work and money reporter peter ruddick. What does this mean for people with mortgages . It what does this mean for people with mortua. Es . , what does this mean for people with mortua. Es . , , what does this mean for people with mortauaes . ,. Mortgages . It was widely expected but unfortunately mortgages . It was widely expected but unfortunately that mortgages . It was widely expected but unfortunately that will mortgages . It was widely expected but unfortunately that will not but unfortunately that will not prevent the pain from hurting. Lets break this down, for people on a variable or a tracker rate mortgage, which tracks the Bank Of England base rate, they will see immediate im
winfrey but he is out of his comfort zone on the stand. absolutely and as i found to my zone on the stand. absolutely and as i found to my cost zone on the stand. absolutely and as i found to my cost as zone on the stand. absolutely and as i found to my cost as well, zone on the stand. absolutely and as i found to my cost as well, going - zone on the stand. absolutely and as i found to my cost as well, going in l i found to my cost as well, going in the witness box is the loneliest place in the world and it s a lot more unsettling and traumatic than if you are on newsnight. you have some of the best lawyers who are pulling your life apart and it s going to go on for days. i was prosecuted for tax fraud in 2016 and i went in the witness box for four days and got decimated, really. i ve written a book about this which is coming out soon, time after time, about the emotional trauma when you are put through the wringer like that. he might have bitten off more than he can
challenger, robert kennedy jr., is already polling at 19 and 20% in two separate polls.rate p olnow, in just a moment, by thev way, are okay.e junior will join us live rightje here on this program. we ll ask him about joe biden,lo why biden won t debate him. we ll also ask him abouta this. take a loolook.k. do you believe they murderede ory were involved in the murder of your uncle? would havo e you comepe to te cia? yes, they were definitelymurr involved in the murder. wow. .obert kerobert kennedy jr. wile straight ahead. now, of course, biden s bad week is not t just because of bd polling or a strong challenge from rfq junior. it also doesn t have anything in to do with the insanitity at the southern border with title forty two is now set to expire this thursday. the situation, as we all know,we is completely out of control. we have waves ofave wa illegalvr immigrants now lined up as far as the eye can see, justjuweeken waiting to cross over the weekend. border patr
people, has around 400 stores across britain. it says it s facing mounting cash pressures, and has taken the difficult decision to seek administrators as it tries to secure a rescue deal. last month the number of people heading out to the shops fell for the first time in 1a years as the uk grappled with one of the wettest months on record. analysis firm, springboard, says overall footfall was down by 0.3%, the first drop injuly since 2009. high streets were hit hardest but shopping centres and retail parks got a boost in visitor numbers. police investigating the disappearance of a woman have released cctv of her in an attempt to find her body. a murder investigation was launched after 48 year old fiona holm was reported missing in london by her family onjune 29th. 0fficers believe she was killed up to nine days earlier having last been seen on cctv on 20 june. you re live with bbc news. france says it has