Speaking before squeezed by massive bills, there is still Spending Power out there. A lot of our customers are probably a bit older, so we dont feel the mortgage rate, although it creates uncertainty for them and that does and we do notice when there is a rate rise, everyone gets a bitjittery. Does it feel like we are getting green shoots . I dont feel that there is green shoots, no, no. I dont feel that there is green shoots, no, no. I feel we are in a holding pattern. It could go either way. Today, the Bank Of England said the tough medicine was beginning to work. Less tha n less than two years they have over 14 steps raised Interest Rates to the highest level in 15 years in an attempt to drain Spending Powerfrom the Spending Power from the economy. The period of near zero Interest Rates now consigned to history with the bank warning that rates could remain at this level for some time. If you asked the question, yes, and when are rates going to come down . My answer is we are going t
average global m average global sea tem-erature has been average global i sea temperature has been recorded. i am in plymouth to find out what that means of us. borrowers are being warned interest rates could stay high after yesterday s rise. in sport it was a golden start to the cycling world championships in glasgow. sophie unwin and pilotjenny holl collecting gold for team gb in the visually impaired i kilometre time trial. hello from edinburgh, the very epicentre of the cultural universe for the next three weeks. we will bring you all of the sights and sounds of the weight and wonderful and everything in between. wade and everything in between. wade and wonderful. sons of something more summery next week in the weather but unsettled this weekend. it s friday 4th august. our main story.