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
in his leadership following reports into lockdown parties in downing street. pressure on the scottish government over fairies as a fat head of the network says services are deteriorating. a feast fit for a clean, preparations and pulsing for next week and s platinum jubilee celebrations. a feast fit for a queen, preparations and pulsing for next week and s platinum jubilee celebrations. hello, welcome to bbc news. texas is where we began this hour. police say it was the wrong decision to delay entering the classroom in a school in the city of uvalde, where 21 people were killed by a gunman on tuesday. salvador ramos who was 18, barricaded himself inside the room, shooting 19 children and two teachers. it took 53 minutes for armed police to eventually go in. as the local people come to terms with tragedy, grief is turning into anger. here s our north america editor, sarah smith. the police broke windows at the school to get children out after the shooting, carrying some of t
impacted by higher mortgage rates. exlain wh. . , impacted by higher mortgage rates. exniain why- explain why. that is right. 60% of landlords who explain why. that is right. 6096 of landlords who own explain why. that is right. 6096 of landlords who own property - explain why. that is right. 6096 of landlords who own property do i explain why. that is right. 6096 of l landlords who own property do have mortgages and around half of those have quite large mortgages, more than half of that, being more than half the value of the property, and when rates go up, when they come to finance, they are under the greatest pressure and their costs go up and then they are looking to pass on the high rental costs onto their renters and in the last few years renters have seen some steep increases in rent, and when we look at mortgage rates pushing up mortgage payments for the average person with a mortgage, renters have experienced a £3000 per year increase on average in the amount of rent they
a strong introduction from the prime minister about his government keeping to high standards. i understand that that has been rewritten. i understand that that has been rewritten. ., understand that that has been rewritten. . , ., , rewritten. i haven t seen that, but i will rewritten. i haven t seen that, but i will accept rewritten. i haven t seen that, but i will accept what rewritten. i haven t seen that, but i will accept what you re rewritten. i haven t seen that, but i will accept what you re saying i rewritten. i haven t seen that, but i will accept what you re saying is | i will accept what you re saying is your understanding of it, butjust on this question of change is, what the government is also saying is that some of these changes are actually requested by your successor is on the standards of public life, they want more clarity, more clarity in particular on the launching of an investigation into ministerial behaviour, and the now prime minister s adviser on tha