England decide what to do with Interest Rates. The current uk base rate 5. 25 . But after we found out that wages, on average, are rising at their fastest level now in 20 years, could we see another rise in september. Joining me now is kallum pickering, whos the Senior Economist at berenberg bank. With your predictions, what are you thinking you will see here today . I you thinking you will see here toda . ~ , today . I think we might be surprised today . I think we might be surprised a today . I think we might be surprised a little today . I think we might be surprised a little to today . I think we might be surprised a little to the surprised a little to the upside but it not should not make much of a difference, the Bank Of England expecting 6. 8, markets expecting 6. 7, if it came at 6. 9 i would not be surprised because Petrol Prices rose over the month but it should be a big versus last month because the energy price comes down in the monthjuly. This should be another step down i
So what is driving this revival in bitcoin . Erin delmore reports. Its been more than two years since we have seen Bitcoin Cross the 60,000 mark, but the cryptocurrency did just that on wednesday, even soaring to 64,000. It may be closing in on its all time high of 68,000. There are a few reasons why crypto enthusiasts are fired up About Bitcoin these days, newly approved Spot Bitcoin Exchange traded funds have investors buzzing and there is a change coming up in april when bitcoin miners start getting less bitcoin for their efforts and the spectre of lesser supply fuels more demand. 0ne lesser supply fuels more demand. One more thing than any background here, the Federal Reserve is expected to cut Interest Rates this year, that stokes investors because interest in alternative investments like cryptocurrencies. But its not all smooth sailing, some uses of queen based global, the largest trip to exchange in the us unexpectedly saw their balances drop down to zero among the bitcoin buzz
Thank you. And thats bbc news at ten. Theres more analysis of the days main stories on newsnight, with kirsty wark, which isjust getting under way on bbc two. The news continues here on bbc one, as now its time to join our colleagues across the nations and regions for the almost a year since the start of the Women Life Freedom Protests in iran, we have a Special Report with defiant voices inside the country as the Morality Police double down on the repression of women. So how should the uk calibrate relations with iran . Well be joined by a Iranian American Human Rights researcher whose father was a political prisoner who died under house arrest and the former uk ambassador to iran. Also tonight, to raise or not to raise should the Bank Of England hike the Interest Rate tomorrow, or can the economy do its own work now . Two senior economists argue it out. The upcoming ruthergen and Hamilton West by election expected to be a major Snp Labour Battle could be a bellwether for the general
Is a rate rise good for you . Really looking forward to speaking to you, to hearing from you this morning, by telephone, by text or social media. Lets get the neatest News Headlines from karishma patel. The Bank Of England is expected to raise its main Interest Rate to 5. 25 at lunchtime. It will be the 14th time in a row its gone up. Inflation has slowed down in the past few months, but is still at nearly 8 four times higher than the official target. Deputy Prime Minister, oliver dowden, says migrants will start to be housed on a barge in dorset in the coming weeks and that inspections are being carried out. They were meant to move in earlier this week but there have been concerns over fire safety and port staff. Ofcom says older viewers are switching away from live tv as part of a record drop in people watching traditional television. The Broadcasting Watchdog says audiences now have an all you can eat buffet of broadcast and online content to choose from. Scientists say a Prehistori
at their record high today. but will the european central bank signal lower borrowing costs are on the way? bag pipes skirl. paying the piper! as scots everywhere celebrate burns night, we ll be speaking to one whose playing has bagged a global following. yes we have bagpipes in this programme. we start in the us where air safety chiefs have cleared a path for boeing 737 max 9 jets to return to the skies after dozens were grounded when a cabin panel blew off mid flight, forcing an emergency landing. the federal aviation administration says the jets can fly again once approved inspections are done. but in a blow to boeing, the faa says it won t allow any ramp up in production of the 737 max until it s satisfied about the company s quality control. earlier on wednesday, boeing s chief executive faced senators in washington. our north america business correspondent erin delmore reports. the boss of boeing said he understood the seriousness of the safety questions facing the co