From 5 to 5. 25 . And for the first time, its suggested that rates will stay higher for longer in an attempt to drive down stubborn inflation the rising cost of goods and services by reducing the amount of money we have to spend. Although todays increase means Borrowing Costs are at their highest level since 2008, it follows an era of unprecedented low rates. In previous decades, rates were much higher we can see here that in the 1980s rates got up to 18 before gradually falling. The bank today cut its forecast for economic growth, though it said the uk will avoid a recession. In a moment, well hearfrom savers, as well as families trying to cope with increasing costs, but first, heres our Chief Economics correspondent dharshini david. From cafe says customers may resist rate as higher mortgage and rent payments bite, to Estate Agents grappling with a sagging housing market, the hit from Interest Rates is clear. But for a very small minority, that impact is Life Changing. Minority, that
Global systems that we have in the oceans. It is important to say that these are sea Surface Temperatures. It is also about the time of year. So normally the oceans are at their hottest in march, but we are obviously now in august. And so scientists are worried about all of that time left until next march. There is also el nino which is less naturally occurring Climate Fluctuation which we have talked about it before. It happens every few years but it does drive up Ocean Temperatures. But we are only at the beginning of that now, it is quite weak and so as not to get stronger in the coming months, Scientists Say they fear these average temperatures will just carry they fear these average temperatures willjust carry on going up. What do scientists think is the cause . Scientists know that in the long term, Climate Change is driving up average temperatures in the oceans. They also think that a lot of the heat, or they know that a lot of the heat, or they know that a lot of the heat that
i am here in dorset where the school of your 150 million year old sea monster is going on public display. new tax rules mean leading online platforms will have to hand over details of people who make money from so called side hustles on top of their regular income. i ll explain who s affected and how. in sport, ready, set, and taking aim 16 year old luke littler becomes the youngest ever player to reach the semi finals of the world darts championship, and has his sights set on a spot in the final later. and we have a drier week this week. for the time being today we could see more disruptive rain and strong winds across the country. good morning. it s tuesday, the 2nd of january. routine school inspections won t take place for the next couple of weeks, while more training is given to 0fsted assessors to protect the wellbeing of school staff in england. in his first interview, sir martyn 0liver told the bbc that the organisation could also be far more empathetic, following t
invasion of ukraine. and the lengths people will go to to get around schemes that are supposed to reduce coming up on bbc news the fallout from the grand national is the death of three horses across the three day meeting, protest and arrest part of the best spark debate. good evening. the nhs in england said it had to cancel almost 200,000 operations and appointments last week during the four day strike by junior doctors, heaping four day strike byjunior doctors, heaping yet more pressure on the health service. over the past five months, almost half a million appointments have had to be rescheduled, and the nhs national medical director says with each strike, it becomes harder. and he wants the impact on patients and staff will continue to worsen. he warns. our health editor hugh pym reports. trying to get back to normal. are you comfortable as you are, lying on the bed? they are assessing patients who have come through this hospital s emergency department. fully staf
an accident doesn t mean the presence of safety. the future of abortion pills in america could be hanging in the balance. this case could have profound implications throughout the entire united states. my god! norah: the cleanup from feet of snow across new york and new england, to the mudslides and heavy rain in california that destroyed homes. you get the knock at the door, and you get told safety, get in your car and go. norah: and the dramatic rescue, a toddler saved from a sinking car. it was the best cry i ve ever heard in my life. norah: good evening to our viewers in the west, and thank you for joining us on this wednesday night. tonight, an important consumer alert about the recall of millions of sleep apnea machines and the potential health risks to users. plus, the inspiring story of one of the world s best polar explorers, whose toughest journey was a battle with cancer. but first, the rising tensions tonight after that confrontatio