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Transcripts For BBCNEWS BBC News 20240706

we still, of course, work out the detail of the inquiry, but we are still. it is still sinking in, to be honest. charges of attempted rape and assault are dropped against manchester united footballer mason greenwood, after a key witnesses withdraws involvement. the oil giant shell reports record annual profits of £32 billion the highest in its 115 year history. and a watchdog urges landlords to act now after tens of thousands of homes were found to have serious damp and mould issues. good afternoon and welcome to bbc news. the bank of england has raised interest rates from 3.5 to 4% their highest level since 2008. the increase will leave millions of households facing higher mortgages at a time when many are already struggling with energy and food bills. the bank also says the uk will enter recession, but it won t be as severe as they predicted last year. the governor of the bank of england, andrew bailey, has been speaking with our economics editor, faisal islam. we th

Bbc newsReeta chakrabartiBank of englandInterest ratesTurned a cornerEnergy pricesPublic inquiryMichael gallagherSon aidenOmagh bombingManchester unitedMason greenwoodOil giant shellTens of thousandsAct now32 billion

Transcripts For BBCNEWS BBC News 20240707

moved to a hospice. china launches several ballistic missile tests into waters around taiwan following a senior us leader s divisive visit to the island. and how disposable facemasks are blighting birdlife in 23 countries around the world. good afternoon, welcome to the bbc news channel. good afternoon, welcome to the bbc news channel. the bank of england has predicted that the uk is set to enter a recession this autumn lasting more than a year. the bank says inflation is likely to peak at 13% by december and today it has announced the largest rise in interest rates for 27 years. the 0.5% hike means that interest rates now stand at 1.75%. the move is part of attempts to curb spiralling inflation, by making borrowing more expensive and discouraging spending. but it means mortgages and loans will be more expensive for millions of people as andy verity reports. rarely has the bank of england given out an economic warning this unsettling. it s not only forecasting the worst infla

Bbc newsDouble warningMartine croxallBank of englandGdp growthInterest ratesInterest rate rises1 75Dj tim westwoodArchie battersbeeHigh courtHard liners in china sBbc news channelAndy verity0 5Mpc s forecasts

Transcripts For BBCNEWS BBC News 20240707

by the union leadership. half of britain s rail lines will be closed when workers walk out on tuesday, thursday and saturday. these strikes are not only a bid to derail reforms that are critical to the network s future and designed to inflict damage at the worst possible time. iam in i am in the devon constituency which has been conservative for 100 years. we will hear for the labour candidate where it may not be so certain that it will stay that way. hot and getting even hotter britain s heatwave expected to peak tomorrow with temperatures of 3a degrees celsius. good afternoon. borisjohnson s ethics adviser, who resigned last night, has accused the prime minister of putting him in an impossible and odious position. in his resignation letter, lord geidt said the prime minister had asked him to consider measures, understood to be on a trade issue, which risked a deliberate and purposeful breach of the ministerial code. lord geidt s letter also says he came close to quitting

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UK households can cut their next mortgage payment by £241

UK households can cut their next mortgage payment by £241
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Buy-to-let vs holiday let – find out which makes the best investment

Buy-to-let (BTL) has become a time honoured investment option, combining regular rental income with the chance of long-term capital growth.

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