laura in the studio. and henry at home. michael gove on the front of the ft. michael gove said in the sunday times that young people are being stitched up by the housing crisis. he did and he said young people might lose faith in democracy if they don t get the houses they need. as you have already alluded to, for somebody who has been in government for 14 years with a bum on the seat of the cabinet table, it is a curious thing to be pointing the finger in this way that somehow this is a terrible, terrible problem and now it must be turn to. whereas people who study the housing market, you can pick up any statistics under the sun to show the issue has become more and more and more acute under 14 years of conservative government. there is a weird element to michael gove trying to make like a bystander. the back story is what he s trying to do is persuade other people and government to make sure the legislation he wants to pass goes through and he wants more money for housing i
we still, of course, work out the detail of the inquiry, but we are still. it is still sinking in, to be honest. charges of attempted rape and assault are dropped against manchester united footballer mason greenwood, after a key witnesses withdraws involvement. the oil giant shell reports record annual profits of £32 billion the highest in its 115 year history. and a watchdog urges landlords to act now after tens of thousands of homes were found to have serious damp and mould issues. good afternoon and welcome to bbc news. the bank of england has raised interest rates from 3.5 to 4% their highest level since 2008. the increase will leave millions of households facing higher mortgages at a time when many are already struggling with energy and food bills. the bank also says the uk will enter recession, but it won t be as severe as they predicted last year. the governor of the bank of england, andrew bailey, has been speaking with our economics editor, faisal islam. we th
there is the wreck of the mary rose. it has come to the surface. and it s exactly a0 years since henry 8th s flagship the mary rose was raised from the bottom of the solent, after 437 years under the sea. the bank of england has been forced to intervene once again in the markets warning of a material risk to financial stability. the emergency move this morning will see the bank buy a wider range of government debt, in order to restore conditions in the markets. it follows on from yesterday s announcement of further meaures aimed at ensuring an orderly end to its emergency bond buying scheme. today the institute for fiscal studies think tank warnted the chancellor will need to make big and painful spending cuts to put the country s finances on a sustainable path. it suggests the chancellor could increase working age benefits in line with average earnings, limit public investment to 2% of national income and cut the budgets of every government department except he
Security. We will have more on that later myanmar is a country in the grip of a war largely forgotten, by the outside world. And today we have a Special Report from the frontline. Rebel forces there are fighting an intense battle against the military regime. In the past seven months, a country wide insurgency has made gains conquering large swathes of territory. The fighters, among them a group known as kndf, are now presenting the Myanmar Military with the biggest threat to its rule in years. Press freedom in the country is restricted, hundreds ofjournalists have beenjailed, and getting into myanmar to report first hand is tough. But a bbc team has managed. Our correspondent Quentin Sommerville spent a month with the rebels at theirjungle bases and on the frontline. A revolution is rising across myanmar. Hidden from the world by its remoteness. Few countries are more isolated, few conflicts more unseen. We spent a month with the insurgents on back roads and Jungle Tracks in karenni st