with the rates now we re a lot more hesitant. the other main story tonight: at least one of the people killed in the manchester arena bombing could have been saved if the emergency services had arrived sooner says a highly critical report. gunfire pakistan s former prime minister, imran khan, survives a gun attack during a protest march. we know what you whisper. and we ll be on the red carpet, as the eagerly awaited black panther sequel arrives in the uk. the effect of the cost of living crisis on both those participating in sport. good evening. the bank of england has announced the bigget single hike in interest rates since 1989, as it tries to dampen down soaring inflation. it has raised rates from 2.25% to 3% and predicted that the uk is heading into a recession that could last until at least the middle of 202a. it would be the longest recession since records began a century ago and the less well off will be hardest hit. the bank s governor, andrew bailey, also said s
ukraine s slow advance on the russian held city of kherson amid reports russia could be preparing to withdraw our international editor jeremy bowen is on the front line. you can see why the kherson offensive is taking a lot of time. it is flat, open ground. they are under the russian guns. explosions. pakistan s former prime minister imran khan survives a gun attack during a protest march. and the leisure centres, swimming pools and gyms that could be forced to close this winter as a result of soaring energy costs. coming up in sport on the bbc news channel, manchester united win their final europa league group game, but finishing second means a potentially tricky knockout round playoff awaits. good evening. the bank of england has raised interest rates from 2.25% to 3% the biggest single hike in more than 30 years to try to dampen down soaring inflation. it will impact everything from mortgages and rents to the price of food and services. the bank warned that the uk is
that shamima begum who left london aged 15 to join the islamic state group was smuggled into syria by an intelligence agent working for canada. thousands of royal mail workers stage a second day of strike action in a row over pay disrupting deliveries of packages and letters. full speed ahead for the world s largest operating offshore wind farm. hornsea two, off the yorkshire coast, will power more than one million homes. than one million homes. defending champion emma raducanu is out of the us open losing in the first round to france s alize cornet. the last leader of the soviet union, mikhail gorbachev, has died, aged 91, following a long illness. mr gorbachev was crucial to ending the cold war. he was one of the most influential political figures of the 20th century. world leaders have been paying tribute. president biden described him as a man of remarkable vision. the un chief antonio guterres said he changed the course of history . our moscow editor, steve ro
the economy with the biggest tax cuts in four decades. at spitalfields market in east london, they are taking stock of a mini budget that s ignored a massive shift in political direction. what do you make of moves like reversing the national insurance rise? will that help, do you think? i think it probably will help. to a degree. but it depends what bracket you are in in terms of income. yeah, i think it will help. i mean, it does not even touch the sides. i don t know. we will see. there is a lot to take in. the treasury is cutting the basic rate of income tax from 20p to 19p from april next year. it is abolishing the 45p top tax rate for people who earn over £150,000, as well as reversing the national insurance rise from november, and cancelling a corporation tax rise planned for next year. stamp duty will be scrapped below £250,000. the government will borrow to fund it. £231; billion this year. there is criticism from opposition politicians that those with the most are