they re like a bomb. has the cost of borrowing peaked? we ll have a better idea today, when the bank of england reveals its latest decision on interest rates. but whatever the outcome, first time buyers are still feeling the pressure. manchester united are in a bad place , according to their manager they re out of the league cup, after being soundly beaten by newcastle. it s their worst start to a season for over 60 years. good morning. it s thursday, the 2nd of november. a major incident has been declared across parts of the south coast of england and the channel islands, as storm ciaran brings heavy rain and strong winds, with flood and red danger to life warnings issued for several areas. many schools and airports have been forced to close, with widespread travel disruption also expected across road and rail networks. aruna iyengar has the very latest. waves crashing over the sea wall in devon. a car is washed into the sea. this is penzance in cornwall. and there is hea
the highest it s been in 15 years. but last month, the bank s rate setting committee narrowly voted to keep it unchanged. and it s widely expected to do the same again today as evidence grows of the strain that high borrowing costs are putting on the economy and the housing market. here s our cost of living correspondent colletta smith. this is my monthly dining out, put that in as a reminder. ebony is doing all the right things. ebony is doing all the right thins. , ., , ., ., things. this month they have a savin: things. this month they have a saving goals things. this month they have a saving goals towards things. this month they have a saving goals towards my - things. this month they have a i saving goals towards my house buying savings. she saving goals towards my house buying savings- buying savings. she and her artner buying savings. she and her partner saving buying savings. she and her partner saving carefully - partner saving carefully putting cash into phys