Of course, so i think we are a long way from that. Digital currencies are in their infancy. So essentially, not too concerned about, you know, the Central Banks no longer being able to carry out Monetary Policy because of crypto currencies or digital currencies. You know, facebook, i believe, has made quite broad rounds around the world, really, with regulator regulators, supervisors and lots of people to discuss their plans and that certainly includes us. And its something we are looking at. We meet with a broad range of private sector firms all the time on Financial Technology and theres just a tremendous amount of innovation going on out there. The potential benefits here, there are also potential risks, particularly of a currency that could, you know, could potentially have large application. So i would echo what Governor Carney said which is we will wind up having quite High Expectations from a sort of safety and soundness and regulatory standpoint if they do decide to go forward
So far, it looks like folks are able to get on the trains without any major problems. B. A. R. T. Says the agency had to move more than 10,000 additional commuters today through the trans bay tube into the city because of the box truck crash that caused all the traffic. B. A. R. T. Did suggest that people leave earlier in the day to avoid huge crowds or wait until later in the evening and leave then. One b. A. R. T. Rider described what a headache it was for him to change his plans last minute this morning once he learned about the bay bridge crash. I left my house out of concord at 8 00 in the morning. By the time i got to lafayette, it was just too backed up. I had to take my car, drop it off at a hotel, then find my way to the b. A. R. T. In lafayette. Reporter were not seeing any major problems but certainly a lot of commuters here at this hour. B. A. R. T. Did tell us that the agency, however, did not add any extra trains for this evenings commute. Reporting live from san bay area
Also get some very interesting comments. The chancellor, jeremy hunt has made to gb news his Liam Halligan don trump is due to appear in court in washington , dc at 9 pm. Uk time facing four serious charges. And four serious charges. And joining me tonight on talking pints, star of radio and tv pat sharp will be here. But before all of that, lets get the news with polly middlehurst. With polly middlehurst. Nigel, thank you. Good evening. The top story tonight from the gb news room is that the bank of england has raised its Interest Rate for the 14th time row. Its increasing time in a row. Its increasing from 5 to 5. 25. Thats the highest base rate since 2008. The bank says it expects inflation to be halved by the end of the year. Thats one of the governments key targets. The increase puts pressure on borrowers , mortgage holders and borrowers, mortgage holders and households struggling with budgets. The chancellor, jeremy hunt , told the hunt, told gb news the governments plan, though,
With a soft landing and we can avoid a recession. Avoid a recession. Well, the shadow chancellor rachel reeves, says the government needs to do something. A family thats looking to remortgage their property is going to be paying on average more than £200 extra every single month. And for some people its much more than that. The government need to take responsibility for the fact that inflation in the uk is much higher than it is in comparable countries. Countries. Now the developing news this houris now the developing news this hour is that donald trump is currently making his way to washington dc. As youve been hearing, hes going to appear in court there. The former president is charged with plotting to overturn the 2020 us president ial election result. President ial election result. Hes due in court at 9 00 pm. Thats uk time and well keep you up to date with the very latest on that as it happens. Latest on that as it happens. Now, five activists that scaled the Prime Ministers home
Saying World Leaders are treating america would longlost respect. With longlost respect. They are going to be unveiling their first piece of hardware. An aipowered device. More details into their push into driverless vehicles. Good evening. Blowout numbers. A quick chance to put this in context. How theshowing companys topline Growth Continues to be its rivals. 10 zen is in red. Google in blue. Yellow is facebook. White is alibaba. Growing gradually this topline growth the highest. Apple but wenclude do have alibaba, facebook and out for that. Alphabet. 8781. Of the, it was just 2. 5 hong kong benchmark. Ever since it has climbed steadily now just shy of 20 . There we go. It just keeps growing. Now a huge player. Like ts almost we have seen this midas touch when it comes to anything related to tencent. Having that blockbuster ipo. Oday we are looking to yixin tencent was an early investor. Times. Lets get to the broader markets. We have that ipo coming up. We have taken a bit of a paus