latest project launching the see monster, the latest in a creativity festival costing millions of pounds. with over 2000 football related arrests last season. good evening. interest rates have risen to their highest level for m years, heaping extra costs on mortgage holders, credit card users and businesses. the governor of the bank of england warned that the uk economy may already be in recession. rates have risen by 0.5% today the seventh hike in a row, as the bank tries to curb inflation. interest rates now stand at 2.25%. 0ur economics editor faisal islam has the details. for islam has the details. nearly a decade and a half, british for nearly a decade and a half, british interest rates have been extremely low. forthe british interest rates have been extremely low. for the homeowners, high street businesses and corporations, it had become used to very low base interest rates, this is now at an end. in nantwich in cheshire, the ice cream farm has benefited from inve
as president putin begins drafting new troops in the fight in ukraine. some flights out of russia have sold out. also in the programme. the bank of england raises interest rates to their highest level for m years it warns the uk may already been in recession. and a fracking ban in england is lifted in a bid to increase energy production but critics say the move could harm the environment and trigger earthquakes. the us secretary of state has said russia s president, vladimir putin, can t get away with shredding international order over his invasion of ukraine. he was speaking at a special meeting of the united nations security council. here s what else he had to say. even the number of nations that maintain close ties with moscow have said publicly that they have serious questions and concerns about president putin s ongoing invasion. rather than change course, however, president putin has doubled down, choosing not to end the war but to expand it. that expansion he was
more money for social care in england to help free up nhs beds, but critics say it s just tinkering around the edges. iranian police and anti government protesters clash in tehran for a seventh day in the worst unrest for years after the death of a young woman in police custody. and launching the see monster, the latest project in a festival of creativity in the uk, costing the taxpayer £120 million. is it worth it? and coming up in the sport on the bbc news channel england s cricketers convincingly crushed in karachi as pakistan level the t20 series with a ten wicket win. good evening. interest rates have risen to their highest level for 14 years, heaping extra costs on mortgage holders, credit card users and businesses. the governor of the bank of england warned that the uk economy may already be in recession. rates have risen by 0.5% today the seventh hike in a row as the bank tries to curb inflation. interest rates now stand at 2.25%. our economics editor faisal isla
unboxed is a year long celebration of creativitiy across the united kingdom. it s had almost a quarter of a million visitors costing the taxpayer £120 million. now the head of an influential parliamentary committee says it s a potentially monumental waste of money. katie razzall explains. sea monster looms over weston super mare, a decommissioned gas platform turned into an art installation about the environment. no one really ever these structures close up and they are struck by the sheer scale of it. martin greene is giving me an exclusive tour of the delayed project, the latest from his unboxed festival which celebrates british creativity. but unboxed has cost £120 million of taxpayers money and is underfire. have you felt under attack? there is a healthy natural cynicism to something new, something different. we are all very proud of it. a festival to showcase britain was initially announced in 2018
there is a healthy natural cynicism to something new, something different. we are all very proud of it. a festival to showcase britain was initially announced in 2018 by then prime minister theresa may. ten projects have been opening since march like this story of human life called about us, here in caernarfon. unboxed had an ambitious aim to reach 66 million people. today the chair of an influential parliamentary committee has written to the public spending watchdog, the national audit office, questioning how many visitors the festival has actually had and asking the nao to investigate whether it s been value for money. well, we saw the warning signs. the red lights were flashing on the dashboard of this, and unfortunately it seems we have been proven right by that. the fact is that this has been potentially a monumental waste of money and actually has made very little impact in the country as a whole. ultimately, these decisions