flanders and claire barrett. we have got stephanie flanders from bloomberg economics on the podcast. hello. hello, hello. and another friend of the podcast, claer barrett, from the financial times. thank you for having me. i m glad you re here, so, interest rates at 3%, stephanie. gives a sense of how that feeds into real lives. in gives a sense of how that feeds into real lives. into real lives. in terms of money that into real lives. in terms of money that is into real lives. in terms of money that is about - into real lives. in terms of money that is about 2 - into real lives. in terms of. money that is about 2 million people in the country who are on a variable rate the biggest since the 80s or 90s depending on who you believe. and for somebody with the average size mortgage, that is going to add nearly £80 a month or £1000 a year, just from today s rise, but of course, that is the eighth rise we have had in succession from the bank of england. there is more pain t
2 million people in this country who are on a variable rate mortgage who will immediately see the impact of that 0.75% rise we have had today. the biggest since the 80s or 90s depending on who you believe. and for somebody with the average size mortgage, just from today s rise, but of course, that s the eighth rise we have had in succession from the bank of england. there s more pain to come for around 2 million people you roll off their mortgage fixed rates next year. they might see an even bigger rise because they re on a really low rate now and it ll probably be higher than it is next year, so again, somebody with the average size mortgage, they can expect to pay around £250 more per month, or £3000 a year, and that s based on a mortgage of 130,000 so obviously if you have a bigger mortgage, you will have bigger repayments. trying to work out from listening to the various contributions we ve heard today, whether it be andrew bailey at the bank of england orjeremy hunt
continues in the eastern town of soledar, despite russia s claims to have captured it. aston villa push leeds closer to trouble. it took them just three minutes to breach the yorkshire side s defence in the win. that could mean leeds are in the relegation zone by this evening. plus, there is risk of some more flooding around today after a fairly wet night. this morning, it will ease the many, looking a bit lighter into the afternoon but tomorrow, set the tone colder stop all the details here on first. all the details here on first. all the details here on first. all the details here on breakfast. it s saturday 1a january. our top story. some single use plastics will be banned in england from october. takeaways, restaurants, and cafes will have to stop using plastic cutlery, plates, and bowls as part of a new plan by the government to tackle plastic pollution. sean dilley reports. quick, convenient and no washing up from october, the government says it plans to ban re
the health secretary will meet representatives from the british medical association and other unions later this morning, in a bid to avert future strike action. and tributes pour in forjeff beck, one of the most influential rock guitarists of all time, who has died at the age of 78. hello and welcome to bbc news. a russian mercenary group fighting in ukraine says it has found the body of one of two british aid workers reported missing over the weekend. christopher parry and andrew bagshaw were last seen on friday heading to the town of soledar, which has seen fierce fighting in recent weeks. the claim has not been verified by the foreign office and the wagner group of mercenaries did not give a name. gareth barlow has this report. chris parry and andrew bagshaw went missing on friday, while travelling to the town of soledar. ukrainian police have since been conducting investigations into their disappearance. but now, unconfirmed reports from accounts linked to russia s wagner
being rescued on the front line as fighting rages around them. calls for energy companies to stop making their customers use prepayment meters because they re struggling to pay their bills. bumper christmas sales for some of britain s biggest retailers, despite the cost of living crisis. and tributes for the legendary rock guitaristjeff beck, who has died at the age of 78. and coming up on the bbc news channel. great britain s jack draper will hope to be the headline maker in the first round of the australian open on monday. he s been drawn against the defending champion, rafael nadal. good afternoon and welcome to the news at one. there s more evidence of the crisis in the nhs in england. ambulance response times reached their worst level on record in december. category 2 emergency calls, which include strokes, took more than an hour and a half on average. the target is 18 minutes. the highest priority calls, with an immediate threat to life, took almost 11 minutes on averag