order an investigation into whether the home secretary broke the ministerial code. suella braverman was accused of asking civil servants to help her avoid taking part in a group speed awareness course after she was caught speeding. mr sunak says he has consulted with the independent advisor on ministerial interests and was advised that on this occasion, further investigation is not necessary, and said he did not believe the matter amounted to a breach of the ministerial code. live now to our chief political correspondent, nick eardley, at westminster. this has broken the last half an hour or so, what more has the prime minister and for her part suella braverman had to say? in minister and for her part suella braverman had to say? in some ways it is that what braverman had to say? in some ways it is that what the braverman had to say? in some ways it is that what the home braverman had to say? in some ways it is that what the home secretary i it is that what the home s
talking to people about how they are coping with rising prices. join they are coping with rising prices. us at 9.30 at the we join us at 9.30 at the fire station. we have an audience full of fascinating people from all walks of life who will be talking about the cost of living crisis and how it is affecting people who work and live in the city. join us at 9.30. and i m annita mcveigh at westminster where at 12 o clock, liz truss will face questions from mps in the house of commons for the first time since the almost complete reversal of her economic plan. and as inflation hits double figures, downing street refuses to commit to increasing state pensions in line with prices, which would be breaking a manifesto pledge. obviously we take manifesto commitments incredibly seriously. the chancellor will be making a statement in just over a week s time, where he will set out all the plans for taxation and expenditure and government budgets. hello and welcome to bbc news, with mejo
Voted, last time just one of them voted, last time just one of them voted for a cut in Interest Rates. If we start to see other members of that committee moving towards a cut, a cut later in the year becomes increasingly likely. We will also get detail from the Bank Of England about what they think they is happening to economy right now to stop your running at the detail there that the main concern for them is inflation. It has been sky high over recent months and it is now starting to come down. 3. 2 is where it currently is but it is still above the Bank Of England a target of 2 . What they will be looking out at what point will be inflation, thats a measure of how quickly prices are rising, at what point will that come in line with their forecast and therefore they can start to afford to cut Interest Rates. Because english Interest Rates, m are rather blunt tool that the Bank Of England has to try and encourage us to save rather than to spend. Cool the economy, Stop It Overheating a
so wage inflation was just, you know, it was lower than 7%. and now we re seeing inflation higher than 8%. so it does mean that we will find ourselves struggling to make ends meet still. so prices are still rising. one of those things about inflation that, you know, people can get confused by is they think falling inflation might mean falling prices. in terms of petrol at the pumps, that is true. but in most cases, itjust means prices are rising more slowly. so it does mean, you know, unfortunately, although it s good news to see that these prices are rising more slowly, it doesn t mean that the pressure is off. no, things aren t getting cheaper any time soon. but one thing in particular that people will be feeling most keenly, perhaps, is food price rises, which are proving sticky, aren t they? they re proving troublesome to bring down. why is that the case? yes, so the way that the inflation will feed through into food prices so it starts right at the beginning. so whenever somethi