support worth over five ilion pounds to give vulnerable people certainty that we are standing by them at this time. dwp will make the payment in time. dwp will make the payment in two lump sums, the first from july, the second in autumn, with payments from hmrc to those on tax credits followed shortly after. there is no need for people to fill out complicated forms or bureaucracy, we will send the payment straight to their bank accounts. our policy will benefit over 8 million households in receipt of means tested benefits from july. operating in that timeframe could only be done for those on universal credit and our policy will provide a larger average payment this year of £650, where as operating the same benefit by 9% would be worth only on average £530. there are two further groups who will need extra, targeted support. many pensioners are disproportionately impacted by higher energy costs. they cannot always increase their incomes through work and because they spend mor
Of the eu as well. British climber Andrew Foster has been killed in a massive rockslide in Yosemite National park his wife is in a Critical Condition in hospital. Three former tesco executives have gone on trial accused of fraud and false accounting. Good morning, everyone, welcome to the exciting new sound. And its been the soundtrack to teenagers lives since the 60s were celebrating 50 years of bbc radio one. And coming up in the sport and bbc news, Sergio Aguero is involved in a car crash in amsterdam but could his injuries lead two weeks on the sidelines . Good afternoon and welcome to the bbc news at one. The governor of the bank of england, mark carney, has given another strong hint that Interest Rates will rise this autumn for the first time in a decade. The base rate was cut to the Current Record low of a quarter of one percent after the eu referendum. The bank has since been under mounting pressure to raise rates to help curb inflation. Mr carney told the bbc that they are lik
Their new logo is attracting criticism for its similarity to the branding of the premier league. The aviation minister says ryanair has behaved disgracefully towards its passengers, for the way it handled the cancellation of thousands of flights. Also today the trial of three former tesco executives begins. They are accused of involvement in an accounting scandal which wiped two billion pounds off the supermarkets value. And good morning everyone, welcome to the exciting new sound of radio 1. And we say happy 50th birthday to radio 1. Good afternoon and welcome to bbc news. The governor of the bank of england, mark carney, has given another strong hint that Interest Rates will rise this autumn for the first time in a decade. The base rate was cut to a record low of a quarter of 1 after the eu referendum. Mr carney told the bbc that a rise was likely in the relatively near term. But new official figures for the three months tojune showed the economy growing at a slower pace than previou
Killed by a huge rock fall at Yosemite National park in california his wife is critically ill in hospital. The creation of winnie the pooh is the focus of a new british film. Well get Mark Kermodes thoughts on goodbye Christopher Robin and the rest of the cinema releases in the film review. Our main story at 5 00pm the governor of the bank of england, mark carney, has given his clearest indication yet that Interest Rates could rise this autumn for the first time in a decade. The base rate was cut to the Current Record low of a quarter of one percent, after the eu referendum. Since then, the bank has since been under mounting pressure to raise rates to help curb inflation. Well, today mr carney told the bbc that they are likely to rise in the relatively near term. Our correspondent Simon Gompertz reports. It looks like the cost of money, the Interest Rate on the cash we borrow, is about to go up, because this man, the canadian mark carney who runs the bank of england, has wasted no oppo