Growing at a slower rate for the past two months, but inflation remains at nearly 8 , four times higher than the official target. Hannah miller has this report. For father of two peter, sorting out the Family Finances is proving hard. He and his wife bought their first home using the help to buy scheme. But when their mortgage comes up for renewal early next year, theyll have to find an extra £750 a month in repayments. Somehow were supposed to spend less and find £750 extra a month to pay for that. So, you know, for many families, its a terrifying situation. If you have young families like ourselves who have been swayed into the Housing Market by government, whose advertised help to buy as an affordable scheme, right, when things become unaffordable, you cant simply turn around and say, thats your problem. A rise of 0. 25 Percentage Points would take the Bank Of Englands base rate to 5. 25 , the highest since april 2008. For someone with an average Tracker Mortgage of £200,000, tha
or overdoing it, it can catch up with you. over the next 11 days, this will be one of the surprises at the combined world cycling championships, along with other lesser known sports like artistic cycling and cycle ball, again pushing the boundaries of what we call possible. and they re taking their place on the world stage alongside the more recognised cycling events, the track and road races, the established bmx sports and mountain biking. we ll have over 8000 athletes, we ll have them from 120 countries. and so it s bigger than the commonwealth games and we are delighted for the very first time to have para athletes competing alongside their able bodied peers. one of the key things about getting one nation like scotland to host all the world championships in the various disciplines at the same time is to show the range of things you can do on a bike. and so getting more people involved in whatever kind of cycling they want to do. this catalyst for behaviour change,
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the west, clearer but then a band of rain building into ireland. if you are looking into something drier and warmer, maybe wednesday, thursday next week is looking promising at the moment. the single biggest cycling event in history starts today in glasgow, with around 2,700 riders competing for more than 200 gold medals. the first combined uci cycling world championships will see competitions across seven disciplines, including some lesser known sports such as cycle ball and artistic cyling. i don t know what they are, do you? i don t know what they are, do you? i imagine it looks artistic. brilliant, i imagine it looks artistic. brilliant, thank you for that. that is explained perfectly. tell us more, mike, it will be quite an