most of the time patients have a great experience but we must not paper over the problems we face. we expect backlogs to rise before they fall. a teenager is arrested after a 15 year old boy was stabbed outside his school in huddersfield in west yorkshire. five british captives who were held by russian backed forces in ukraine are released in a prisoner exchange. ministers lift their ban on fracking in england in a bid to increase energy production but critics are warning about environmental damage and a risk of earthquakes. retiring tennis champion roger federer will play the final match of his career in a doubles team alongside his long time rival rafael nadal as part of the laver cup tomorrow. good afternoon and welcome to bbc news. interest rates have been raised to 2.25%, the highest level since 2008. it s the seventh consecutive time that they ve been increased by the bank of england, in an attempt to curb soaring prices. the rate has gone up from 1.75%. the bank of e
good afternoon and welcome to bbc news. interest rates have been raised to 2.25%, the highest level since 2008. it s the seventh consecutive time that they ve been increased by the bank of england, in an attempt to curb soaring prices. the rate has gone up from 1.75%. the bank of england hopes it will help bring down inflation, which is the pace at which prices rise. inflation is currently at its highest level for nearly a0 years. the bank also forecast that the economy is already in recession. here s our economics correspondent andrew verity. in st albans in hertfordshire, house prices have long been out of reach for most young people growing up here, even when lenders were offering the cheapest mortgage rates ever seen. now, after the bank of england raised interest rates to their highest in 14 years, mortgage borrowers no longer have access to cheaper loans, and repayments can only be expected to rise.
this is bbc news. the headlines. interest rates are increased by 0.5% as the bank of england tries to tackle soaring prices, taking it to 2.25%, which is the highest rate for m years. it will be a good thing for me, but i m mindful of the younger members of my family, they ve got big mortgages. prices are going up, and the interest rates are just one part of it, you know, the cost of living is going up, and that is something that is a bit of a concern. health secretary therese coffey is promising to improve access to gps as she lays out plans for how the nhs will reduce ambulance delays and waiting list backlogs in the commons.
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this is bbc news. the headlines. the bank of england raises interest rates to a 14 year high of 2.5% to tackle soaring prices. it will be a good thing for me but i am very mindful of the young members of my family with big mortgages. prices are going up and their interest prices are going up and their interest rates are just one part of it, interest rates are just one part of it. the interest rates are just one part of it. the cost interest rates are just one part of it, the cost of living is going up and that it, the cost of living is going up and that is it, the cost of living is going up and that is a concern. health secretary therese coffey sets out her plan for the nhs in england but warns waiting times will rise before they fall following the pandemic. most of the time patients have a great experience but we must not paper over the problem is that we