interest rates have been held at 5.25% for the seventh time in a row by the bank of england, despite the rate of inflation hitting the bank s target level of 2% for the time in three years. of 2% for the first time in three years. economists have predicted that interest rates, which are currently at a 16 year high, won t be cut until august. with more, here s our chief economics correspondent, dharshini david. ok, so it s four bedrooms. first time buyerjames has his eye on his dream home in coventry. but getting the keys to the door has been more challenging than expected as higher mortgage rates have made the first rung of the housing ladder harder to grasp. we definitely had to make some cutbacks as a couple and look at our financial plan to see if we could afford the mortgage. with the rates being high, we ve had to save for effectively another year to come into line with that. it s also understanding, yeah, the term of the mortgage, you know, from looking at it, it s now
translation: sundays, we are united by our democratic values and our commitment to a free, open and inclusive and a pacific. covering areas like vaccines, common change in emerging technology. indo pacific. it makes the quad global cause for good. the former chief doctor of british cycling and team sky has been found guilty of ordering performance enhancing testosterone, knowing or believing it was to be given to an unnamed rider. exports of goods to the european union dropped by more than 40% injanuary the largest monthly fall since records began. good evening. the metropolitan police has confirmed that a body found in woodland on wednesday, is that of sarah everard. she disappeared while walking home from a friend s house in clapham in south london last week. detectives have been given more time to question a serving police officer, on suspicion of the kidnap and murder of the 33 year old marketing executive. the police watchdog is investigating a number of issues incl
The latest trend in fashion. , whichs a trend growing are u. S. Companies bringing their cash back from abroad. We know apple is the big one. They are going to be bringing billions of dollars back, which means theyre going to pay 38 billion in taxes. And that is really, for lawmakers to pass the tax reform, that is the eyes on the prize. They have built up this much money overseas, when are they going to bring it back, and how much is it going to bet go back how much of it is going to go back to the economy. In creating jobs, which is most important to the white house. Those numbers that were highlighted in the press release if you look underneath the hood, theres questions of how much is going to be repatriated back and where it is going to go . A lot of the money is in the denominated dollars. And will other Companies Follow as well . In the meantime, another note on that, apple is spreading the joy, with employees getting bonuses. We also have overall stocks up, and a wild ride that
A sharp rise in young people struggling with debt with many having to borrow to meet basic living costs. Two stars on a collision course some 800 billion billion miles from earth scientists detect Gravitational Waves. And the case of gao zhisheng the prominent chinese human rights lawyer hos still missing. Well be talking to his daughter. Its 5 oclock. Our main story is the effect of storm ophelia which is causing damage across the republic of ireland and claimed the lives of three people. 100 mile an hour winds have swept across the country. More than 360,000 homes and businesses around ireland are now without electricity. Police have warned people to stay at home and not travel unless absolutely necessary. Troops have been deployed to coastal areas in whats expected to be the most severe storm to hit ireland in half a century. An amber warning for Northern Ireland, west wales, south west scotland and the isle of man is in force. 0ur correspondent ian palmer has the latest. In ireland