interest rates have been held at 5.25% for the seventh time in a row by the bank of england, despite the rate of inflation hitting the bank s target level of 2% for the time in three years. of 2% for the first time in three years. economists have predicted that interest rates, which are currently at a 16 year high, won t be cut until august. with more, here s our chief economics correspondent, dharshini david. ok, so it s four bedrooms. first time buyerjames has his eye on his dream home in coventry. but getting the keys to the door has been more challenging than expected as higher mortgage rates have made the first rung of the housing ladder harder to grasp. we definitely had to make some cutbacks as a couple and look at our financial plan to see if we could afford the mortgage. with the rates being high, we ve had to save for effectively another year to come into line with that. it s also understanding, yeah, the term of the mortgage, you know, from looking at it, it s now
Weinstein. A sharp rise in young people struggling with debt. We speak to one young woman about the risks of easy credit. Ijust i just used to ijust used to ignore the letters. I would rip them up as soon as i got them and the letters kept coming and them and the letters kept coming and the phone calls and i knew i was way in over my head. And from one storm to another. Its exactly 30 years since the uk was battered by the great storm of 1987. And coming up in the sport later in the hour on bbc news england are on the up but they wont be one of the top seeds at the world cup good afternoon and welcome to the bbc news at one. One person has died in ireland as a result of storm ophelia. Gusts of over 100mph are reported off the coast of ireland. Troops have been deployed to coastal areas in the republic in whats expected to be the most severe storm to hit ireland in half a century. More than 20,000 homes and businesses are without power in the irish republic. An amber warning for Norther
How his cricketing fathers suicide has affected his game. Good morning. Welcome to bbc newsroom live. The met office has warned of potential danger to life as the remnants of hurricane ophelia hit the Irish Republic and head towards Northern Ireland. Troops have been deployed in coastal areas in the republic, in whats expected to be the most severe storm to hit ireland in half a century. Already more than 3,000 people are without power in cork and kerry this morning and many planes, trains and buses have been cancelled. Storm 0phelia hit the south west coast of ireland a short time ago with gusts of 92mph. It moves on to Northern Ireland and parts of west wales this lunchtime with wind speeds expected of up to 80mph. The storm is then forecast to head north to central and southern scotland tomorrow, sparing eastern parts of the uk. Well, schools north and south of the irish border have been closed for the day. Sarah corker looks at the preparations for the arrival of storm 0phelia. Wit
But now it is time for sportsday. Hello and welcome to sportsday imjohn watson. Coming up. Newcastle united up for sale. Donning the red jersey of wales a change in International Selection which could affect one of their biggest stars. And we here from england cricketerJonny Bairstow on how the suicide of his father shaped his career. In some ways you remember everything that has gone on, but at the same time theres bits of it you choose not to remember. We start this evening with news of Newcastle United which has been put up Newcastle United which has been put upfor Newcastle United which has been put up for sale by owner mike ashley. The club won promotion back to the premier League Last Season but the owner has been a divisive figure since he took over the club ten yea rs since he took over the club ten years ago. David has been following events today. Why has mike ashley decided now is the right time to put the club up for sale . It is a bit of a surprise on the one hand because n
And on the day storm 0rphelia hits the uk, 30 years ago the country was reeling from the impact of the great storm of 1987. Good evening and welcome to bbc news. Three people have died as the worst storm for 50 years hits ireland, parts of the uk are affected too. Storm 0phelia has brought gusts of nearly a hundred miles an hour, damage to buildings and there are flood warnings in place along much of the west coastline of britain. The centre of the storm hit the south coast of ireland late this morning and moved up the country with the west coast bearing the brunt. Its now over the north coast heading to scotland where it will gradually weaken before finally passing the uk tomorrow afternoon. 360,000 homes and businesses have lost power. In ireland, around 170 flights have been cancelled with flights and ferries also called off in parts of scotland. From the atlantic 0phelia arrived in force. No longer a hurricane, but a storm still determined to show her power. That was seen on irelan