and the rate of core inflation which strips out volatile items like food and fuel is actually going up. rising interest rates are piling the pressure on millions of mortgage borrowers here in the uk who are facing steep rises in monthly bills. the bbc has been hearing from some of them. rebecca from greater manchester, craig in cambridgeshire, and rose who lives in hampshire. just three homeowners out of hundreds of thousands of people facing a huge rise in their mortgage costs over the coming months. at this moment in time, at the end ofjune, i will make my final payment of £434 when my current deal ends, and thereafter i have been told to expect my payments will be over £1,800. i m currently paying £560 a month. at the end ofjuly, it will go on to variable and it will go up to £1,200 a month. 0ur mortgage has gone up by over £2,200 a year. - it s a huge impact on our- expenditure and has an impact on the family as a whole. rose has already been cutting costs on
hearing, has held what the us calls candid and constructive talks with china s foreign minister in beijing. this at the start of two days of meetings with chinese officials. mr blinken emphasised the need for diplomacy and keeping open channels of communication us officials added. the trip to china is the first by a top us diplomat in almost five years and comes months after an earlier visit by the secretary of state was postponed when a suspected chinese spy balloon flew in us airspace. can this trip reboot relations? to discuss this and what s at stake for the world s two biggest economies, i m joined by alicia garcia herrero chief economist at natixis. good to have you on the programme. from your perspective, when we are looking at trade, the two biggest economies in the world, how important is this trip? extremely important. and the main reason for this trip is not even trade, it s about assurance to really avoid a military conflict in taiwan and i think that s th
sluggish exports and waning domestic demand are both weighing on the economy. those economic concerns are part of why chinese premier wang li is in germany. that s part of the reason he is in germany. frank laban explained the balancing act berlin has to tread. i think germany is trying to do what it can to enhance the economic relationship with china while still respecting the important political bond with the united states, and the crux of this is ukraine, where both germany and the us support ukraine pushing back russia, and china s on the other side of that, with a warm embrace of putin. ~ . ~ . , putin. what challenges will both countries putin. what challenges will both countries face - putin. what challenges will both countries face moving j both countries face moving forward economically? well, there is a forward economically? well, there is a question forward economically? well, there is a question for - forward economically? well, i there is a question for ger
hello and welcome to westminster. conservative mps will cast their first vote today for who they want to replace borisjohnson as party leader and prime minister. let s take a closer look at the timetable for today.there are eight candidates through to the first round of voting each one of them needs to secure 30 votes today to stay in the race. the poll opens at 1:30 the electorate is made up of conservative mps. we are expecting a result at about five o clock. to be announced, as before, by graham brady, the chairman of the conservative backbench 1922 committee. further votes will take place over the next few days in order to whittle the number of candidates down to two. let s get more from our political correspondent ione wells. i can report that we have eight candidates, duly nominated. and then there were eight. one of these candidates will be the next prime minister, having secured the backing of at least 20 tory mps. the former chancellor, rishi sunak, the attorney ge
is taking aim at more than scotland s historic st andrew s course. it may look more like an oil rig and an oil painting but this former north sea platform standing more than 100 feet high is being brought into weston super mare to become a major art installation. fix, into weston-super-mare to become a major art installation. major art installation. a pleasantly warm day for major art installation. a pleasantly warm day for many, major art installation. a pleasantly warm day for many, feeling - major art installation. a pleasantly warm day for many, feeling a - major art installation. a pleasantlyj warm day for many, feeling a good deal more comfortable than of late. it continues in the south east of england. the full forecast coming up here on breakfast. it s wednesday, the 13th ofjuly. our main story. conservative mps will cast their first vote today for who they want to replace borisjohnson as party leader. eight candidates are left in the race to become the next prim