and that s what we do as a business. there is a bit more to it than that. and it s all about the housing benefit that can be claimed to house vulnerable people who need support. the government calls it exempt accommodation. exempt accommodation is a particular type of supported housing which is exempt from having benefit regulations, which means you can charge a higher rent. while there are good providers of this type of housing, there is mounting evidence this taxpayer funded system is open to exploitation. it s a really wild west system and the winners are the people creaming off quite often very large profits. you and i are paying for this situation every day that we pay tax. paul o rourke works closely with a charity called my space housing solutions. it is a registered provider of social housing. this is the village of north wingfield in derbyshire. in 2018, paul o rourke bought arcam house here. my space took a 20 year lease on the property and used it to house and supp
harry smith on the end of an internet era announcer: this is nbc nightly news with lester holt good evening today some tough medicine for an american economy racked by high inflation. the federal reserve raising a key interest rate 0.75% it s the biggest bump-up since 1994 a hike sure to be felt in the wallets of american borrowers. think higher mortgages rates and bigger credit card payments which we ll get into in a moment. what s it all about? the fed hopes the increase will start putting the brakes on inflation which is running at 40-year highs. gas, food, prices, you name it. it s all soaring investors liked the news today the markets rallying on the fed announcement policymakers weighing future increases while trying to steer around the risk of a recession. let s tell you what you need to know about all this starting with tom costello reporter: for days, the fed has telegraphed that it would go big today after acknowledging it should have acted sooner to rein in
news breaking about how the secret service scrambled to find some way donald trump might have joined what we now know is a march that ended in a criminal breach of the cooperate that day. we re also learning this hearing will feature testimony by the first capitol officer injured as well as video evidence that appears to blow the lid on a sket military meeting in an underground parking garage. this was on insurrection eve. stewart. pleasure. pleasure s all mine. i m going stay close, just to make sure my guys are okay. okay. tomorrow. i got a lot of stuff to do tomorrow. that s what the meeting looked like. both of the individuals you see there are now awaiting their trials for sedition. one of the most serious types of conspiracies on the federal books. we ve got a lot going on tonight as i mentioned, so i m going to get right to it and bring in our special guest on this busy news week, barbara mcquade and veteran political strategist and former obama adviser and
Tonight, amidst increasing International Pressure on israel over the killing of seven aid workers, the first call by Benjamin Netanyahus main rival in the Emergency Government for elections within months. The Israel Defense force promises an independent investigation into the aid convoy kiilings. Well ask an idf spokeman how it can be independent if its conducted by former idf personnel. They come to their own conclusions. They are independent of the Chain Of Command. They can rule whatever they see fit, based on their professional understanding of the reality. Well be asking the team leader for save the childrens Gaza Response what she makes of that, and speaking to the diplomatic correpondent at the times of israel about the prospect of an early election. Also tonight is the market in the uk for Electric Cars running out of charge . Well examine the data and ask whether theres a risk of our net zero Journey Running off the road. 75 years tomorrow, nato was founded, out of the ashes o
Town. And the new threat were tracking tonight. And just out, the new forecast for the atlantic Hurricane Season. Noaa warning its never seen one like this before. The new clashes on campus. Propalestinian protesters at Ucla Climbing on to rooftops, behind a building. Police moving into their camp while the schools president is away, testifying On Capitol Hill. The major Antitrust Suit filed against live nation. The doj accusing it of illegally driving up Concert Prices for fans. New video of the arrest of the worlds of the golfer, scottie scheffler. The officer seen running after his suv. Dash cam of scheffler led away in cuffs. And why that arresting officer has now been disciplined. The new email scam. Crooks tapping right into your bank account. Chances are youve already been targeted. And right after one of the hardest moments of his life, the High School Valedictorians inspiring speech bringing his classmates to tears. This is Nbc Nightly News with lester holt. And good evening.