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Transcripts For BBCNEWS BBC News 20240706

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

Bbc newsReeta chakrabartiBank of englandInterest ratesTurned a cornerEnergy pricesPublic inquiryMichael gallagherSon aidenOmagh bombingManchester unitedMason greenwoodOil giant shellTens of thousandsAct now32 billion

Transcripts For GBN Good 20240703

The bank of englands Monetary Policy committee, the nine economists who decided Interest Rates, they dont meet every month. They meet eight months a yeah month. They meet eight months a year. The fact that they have been held, it is disappointing for lots of people who want to remortgage their house. They want to see Mortgage Rates come down, its also disappointing, of course, for someone called rishi sunak, who is betting hes bet the ranch , bet the tories bet the ranch, bet the tories entire strategy for this election, to the extent they have a strategy on playing the long game, on waiting for Interest Rate cuts on getting more tax cuts in. Weve had two so far, those National Insurance reductions, tory high command wants to get another one in before the general election. So i dont think therell be disappointment in downing street because they knew this was coming. They knew there wasnt being an Interest Rate cut today. Now, when i take my eyes away from the camera and manage to read,

Monetary policyMortgage ratesInterest rateNational insuranceHigh commandRate cutLook bankBank englandGetting betterBritish publicBank rateFederal reserveImportant bankInterest ratesOfgem energyOfgem energy price

Election campaign may lead to slower lending – Mortgage Strategy

Election campaign may lead to slower lending – Mortgage Strategy
mortgagestrategy.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagestrategy.co.uk Daily Mail and Mail on Sunday newspapers.

United kingdomNicholas mendesKeir starmerMichael goveJohn phillipsTim bannisterJohn charcolDomus holmesDepartment for levellingMinister rishi sunakJust mortgages

Concrete plans to address housing affordability and undersupply needed in election campaigns, brokers say

The upcoming general election will hopefully place a focus on improving affordability and undersupply in the housing market, brokers have said.

Keir starmerNathan emersonJohn phillipsJohn charcolMaria harrisNicholas mendesProperty data associationPrime minister rishi sunakJust mortgagesShared ownershipOpen property data association

What falling inflation means for mortgages, savings and investments

Inflation fell to 2.3pc in April, according to the Office for National Statistics. The figure is a welcome fall from 3.2pc inflation seen in March, but still sits above the Government’s target of 2pc.

United kingdomJohn charcolBen thompsonNicholas mendesJason hollandsAlice haineMortgage advice bureauFidelity internationalBank rateHabib bank zurichMonument bankOffice for national statisticsShawbrook bankTelegraph moneyConsumer price indexNational statistics