Change Interest Rates from five percent. The decision, expected at midday, comes after inflation, showing the rise in consumer prices, remained at 2. 2 Per Cent last month. The Central Bank in the united states lowered Interest Rates by half a Percentage Point Yesterday the first cut for more than four years. Lets speak to our Business Correspondent peter ruddick. What is the expectation with the Bank Of England . I knew you will ask me that. I am not a betting man but the one thing we can predict is it is going to be a close decision. The last time the nine Person Committee voted five to four, as close as you can get to cut Interest Rates last time to the 5 level they are now, a quarter of a Percentage Point change. Why will it be so although there is disagreement really among the committee and economic experts about how sticky, how stubborn Inflation Price rises are, there is agreement that the trend is Price Rises and the rate of inflation is coming down but relatively slowly, relat
In four years. Hello. In the last hour, lebanon has banned Walkie Talkies and pagers from all flights out of the countrys only commercial airport in operation. The move comes after explosions were triggered in pagers and Walkie Talkies used by hezbollah. The attacks killed at least 32 people and injured thousands. Israel hasnt confirmed it was behind the blasts, but its Defence Minister Yoav gallant has said its opening a new phase in the war. The us says its involved in intensive diplomatic efforts to prevent the conflict escalating further. The leader of hezbollah, which some western states have designated a terrorist organisation, is expected to address the events in a speech later today. Simonjones reports. A funeral in Southern Lebanon is about to be interrupted. Explosion an explosion, injuring a hezbollah soldier, causing panic and fear. Screaming in beirut, another blast caused by a walkie talkie. Explosion. A new form of technological warfare. Sirens. Seen too at this mobile P
Caution at the Bank Of England. It keeps Interest Rates on hold but the governor tells us they are optimistic that Borrowing Costs are on the Path Down. Over on Wall Street though the party is back on. Shares hit a new Record High as the fed says the economys in a good place despite Itsjumbo Rate cut billion dollar breaks Australias Economy rides a wave of interest in surfing. It is the government fully with the sport . All those puns to come a little later in the programme. We start here in the uk where the bank of England Governor Andrew Bailey has said Interest Rates are now gradually on the Path Down despite the Banks Decision to keep the cost of borrowing on hold today. The banks main rate was left at 5 after it was cut last month for the first time in more than four years. The bank ratcheted up Interest Rates to try and control inflation which hit a peak of 11. 1 back in 2022. Since then inflation has been brought down significantly its sitting just above the banks target curre
You know what love is on thanksgiving . I love you so much and im so thankful for you that im not going to see you. This year if you love someone, it is smarter and better to stay away. Well be alone physically, but we are spiritually together celebrating in a way that is even deeper. The story is, my mom is going to come up and two of my girls is the current plan. But the plans change. But thats my plan. Sandra and that grabbed a lot of headlines. Laura ingle is tracking it for us. How long for the governor to change his tune about those plans . We crunched the numbers, looked at time codes. It was exactly 1 hour 33 minutes for him to Reverse Course and change his plans. As others plans go forward others move forward. He is letting folks know things are getting so bad in new york he is putting some restrictions in place for some areas where those cases are spiking, limiting the hours of restaurants and exactly how many people can gather for their thanksgiving day meal safely in new yo
in nevada. the senate race between katherine cortez masto and adam laxalt have a dead heat. i m neil cavuto. let s go to alexandra on what she s seeing in nevada. hi, neil. yeah. this thing has gotten a lot tighter than people anticipated at the start. this etching former president barack obama will be holding a rally at this high school behind he in north las vegas hoping to drum up some support among democratic voters. namely for senator katherine cortez masto who has served since 2017. she s now locked in what you call a dead heat with republican challenger adam laxalt. the latest poll has the two candidates tied. laxalt kicked off his bus tour. he said this a short time ago. everything we re experiencing today is a direct result of policy. $6 gas is not an accident. gas prices around $5 with inflation, crime have been major focus points for republicans. democrats continue to stress the issue of abortion here. last week senator bernie sanders came here to offer his s