welcome to the programme. the bank of england has warned the uk is facing its longest recession since records began, as it raised interest rates, by the biggest rise in 30 years. the 0.75 percentage point rise the eighth consecutive hike takes uk rates to from 2.25 per cent to 3 percent, meaning higher mortgage bills for many homeowners. the bank of england s move matches the us central bank s rate hike on wednesday, taking us rates to 3.75 to 4.0%. here s the bank of england governor. these are big changes. they have a real impact on people s lives. so, why are we doing it, and why are we doing it now when so many people are struggling with higher energy and food prices and other bills? we are increasing bank rate because inflation is too high. it is the bank s job to bring it down. a rise in interest rates can have an influence on things like credit card repayments and mortgages but also the interest paid on your savings. but the governor says this is the only way to r
First on 13. Convenience frenzy of millionaire hopefuls this morning. Thats as the Powerball Mega millions jackpot raises to 675 million. Higher than its ever been before. Its like willy wonka and the Golden Ticket Everyone Wants that ticket and the kids are telling their mom to pick numbers and filling them out its awesome. Here are last nights winning numbers. A matching ticket would have won 500 million. But no tickets were sold matching that exactly. Tickets matching combos without the powerball can still win money. But its the looming jackpot that has people flooding stores to press their luck. This caseys in normally sells about 200 to 500 dollars in tickets. Yesterday it sold nearly 2thousand dollars worth. One person dropping 110 dollars in one stop. Today only looks to be busier. As the stakes get higher. Again, that winner walks away with 675 million. The only ticket to come close to that was sold back in 2012. At 656 million. Construction workers in altoona are mourning the
the most successful technology companies in the world. they came by the thousands to see the new computer invented by steve jobs. this is awesome technology. jobs came from humble beginnings. he was adopted by a middle-class families who could barely afford to send him to college. he dropped out after six months, but credited a calligraphy class for inspiring him to make style and esthetics a big part of apple s look. what everybody had to drive a basic car or live in a beige house? it would be a pretty different world. apple almost became a different place after jobs was fired from the company he founded. he returned to the helm at 12 years later and helped resurrect apple from near death. his comeback was followed by the release of the imac, the ipod, itunes, and the iphone. jobs helped invent a line of products that have been almost cold light among fans. after a long battle with pancreatic cancer while he was still at apple, jobs received a liver transplant in 2
weapon, similar to knife. according to southwest, the man has not been detained or arrested, but was not allowed back on the flight. the plane was thoroughly searched and the remaining passengers were also taken off in groups of 10. we had to get patted down and our luggage and carry on searched and our purses. they went through every book, they thumbed through every page. it took about three hours, but the passengers say the process was handled professionally by the crew and tsa, and that helped put them at ease. everybody was curious but calm. everybody seemed to be taking it in stride. they were happy to be on the ground in baltimore and kasay. we all feel very blessed that we landed, even though my poor daughter had to wait here for hours. the fbi says the item in question in the bathroom was not an explosive. they said the man was questioned in-built and released and put on a flight back to baltimore. kim dacey, wbal-tv 11 news. preparations are underwa
mitt romney only came to iowa twice since may. he won just 3% of the vote. texas governor, rick perry, got 4% all right in. perry in south carolina today stole some thunder from ottawa with this. i declare to you today as a candidate for president of the united states. a new republican contender and a new republican winner. this is a wonderful downpayment on taking the country back. we still have a very long way to go. michele bachmann is the front runner in iowa. you will have a mitt romney at the front runner in new hampshire. maybe rick perry is the front runner in south carolina. it will be a long campaign season. fresh it is less than a month until mitt romney, rick perry, and michele bachmann face off in the next republican debate. here at home, one month from today, baltimore voters go to the polls to select the democratic nominee for mayor. campaigning, stephanie rollins blake describe terse outlook as confident. we are knocking on doors every sing