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Transcripts For BBCNEWS BBC 20240706

4.5%. risen by a quarter of a percent, that is from our economics editor, faisal islam, who has tweeted that. just getting that information in that, as expected, interest rates in the uk are now at 4.5%, up from 4.25%, a quarter rate rise. 0ur cost of living correspondent is watching these developments for us, kevin, news that will impact on so many people s lives for their mortgages and make life just that bit more difficult as they have seen those rate rises so many times, for the 13th time in a row? it many times, for the 13th time in a row? , ., . many times, for the 13th time in a row? ,., ,, many times, for the 13th time in a row? , ,,, row? it is not a surprise, but clearly the row? it is not a surprise, but clearly the impact row? it is not a surprise, but clearly the impact is - row? it is not a surprise, but clearly the impact is still - row? it is not a surprise, but| clearly the impact is still very real. it will make borrowing more expensive for many, many pe

Transcripts for BBCNEWS BBC News 20240604 11:03:00

were saying. have more to come. thank you. as we were saying. it have more to come. thank you. as we were saying. it is have more to come. thank you. as we were saying, it is ordinary have more to come. thank you. as we were saying, it is ordinary people - were saying, it is ordinary people whose lives are affected by this interest rate rise to 4.5%. cheryl spoke to us about having to move in with her parents because of rising costs and struggling to get a mortgage. welcome back to you. what is your reaction? ball ijust feel sorry ijust i just feel sorry for anybody with a mortgage at the moment. i wouldn t have been able to turn to survive in the place i was in, i would have gone under. this is going to be the case for so many people. i was fortunate, i sold my house in november, and i had to move back to my parents home, because i couldn t remortgage. i m self employed, and that plays a part for me in trying to remortgage. it is really hard for people at the moment. i don t

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