the people who are affected most by high interest rates would tend to be younger households. older people, older house holders, are more likely to have paid off their mortgages they are mortgage free so they don t feel the impact of the increase in mortgage rates. you could spread the pain more broadly, so those households that, perhaps, aren t facing higher mortgage rates currently households that don t hold mortgages would potentially contribute towards the squeeze in demand by paying higher taxation. you could argue for a property tax, for example. yet there are also practical problems with using tax and spending policy to control inflation. history suggests it s hard to get the timing right, and when it comes to tax and spending political considerations often interfere unhelpfully. this is why the practice in recent decades has been to leave inflation control to the independent bank of england. however there is certainly more open thinking going on among respectab
and they have specific objectives included in them that need to be met, and that is up to each individual country to agree with nato, so they include areas like cybersecurity and also. and information sharing. cybersecurity and also. .. and information sharing.- cybersecurity and also. and information sharing. there were also talks of information sharing. there were also talks of opening information sharing. there were also talks of opening a - information sharing. there were also talks of opening a nato - also talks of opening a nato office in tokyo, but then france strongly objected to it. can you tell us about differences of opinion about how nato should deal with the concerns over china, with these asian allies. so, i think the conversation is increasingly around the interconnectedness between the end of pacific region, notjust around china, but of course around china, but of course around concerns about china as well. we have seen that mentioned in the re
president zelensky is accused nature of weakness and uncertainty over the reluctance of some members to set a timetable for ukraine to join the military alliance. nato leaders meeting in lithuania have agreed they can try but only when certain conditions are met. nato secretary general the sun has said the alliance has never sent a stronger political and practical message about partnership but made clear they could notjoin while it was still at war with russia. our europe editor katya adler sent this report from the summit in vilnius. disappointed, volodymyr zelensky put on a brave face today for supporters in the lithuanian capital. translation: i came here today believing in partners, in a nato that does not waste time. ukraine will make nato stronger. nato will make ukraine safer. a very different tone from his tweet earlier in the day, when he blasted the military alliance as absurd and weak for not agreeing a timetable for kyiv to join the club. as confirmed by nato s
on the women s side, elena rybakina, roared past shelby rogers. other winners included andy murray, who maintained his record of never losing in the wimbledon first round. here s chetan pathak with a round up of the best of the day s play. rain here washed out play for most of tuesday, certainly on these outside courts, but on the show courts, underneath those roofs, play was completed as scheduled, and that saw elena rybakina, the women s defendant champion, in the end survive a scare against america s shelby rogers. she has been having a virus and needed to come back from a set down to beat the american. with the band now listed on russian and belarusian players, aryna sabalenka east past in straight since. there was also a straight set win for last year positive eaten finalist. in the men s draw, carlos alcaraz of the men s draw, carlos alcaraz of the number one, looked supreme again, seeing offjeremy chardy in three. and any murray, now 36 and playing with that middle hi