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Transcripts For BBCNEWS BBC 20240704

Increase in Co2 Concentrations in the atmosphere. The link between c02 and rising temperatures is well established and this year Global Temperatures got an extra boost thanks to el nino, which brings warmer water to the surface of parts of the tropical pacific. That explains why february was 1. 77 degrees warmer than preindustrial temperatures, and why global average temperatures hit a record 1. 55 degrees above preindustrial levels over the last 12 months. It means we have temporarily at least breached the 1. 5 degrees threshold the world agreed to try and limit Temperature Rise to, to avoid the worst impacts of Climate Change. February 2024 was the warmest february on record globally, with an average temperature of 13. 54 degrees, above the 1991 2020 temperature. While this is remarkable, because, for instance, it is a tenth of a degree warmer than the warmest previous february, which was 2016, its not really surprising, because this has been the el nino year, where temperatures tend

Transcripts For BBCNEWS BBC News 20240707

interest rates are expected to rise sharply today, as the bank of england attempts to tackle soaring prices. the bank is expected to increase its base rate by three quarters of a percentage point from 2.25% to 3%. that would be its eighth consecutive increase since december, pushing the rate to its highest level for m years. it would also mark the biggest single increase since 1989, and could have a big impact on the cost of living and people s finances. our correspondent navtej johal has this report. omar is a veterinary surgeon based in derby. he came to the uk four years ago and had planned to buy a home and settle here long term. with interest rates here expected to rise further today, which is likely to make mortgages more expensive, omar says he s now considering whether he should even stay in the uk. have you lost trust in the uk? i trust my colleagues, i trust my friends, i trust a lot of people in the uk. it shook my trust in the system. and you may move, you may lea

Transcripts For BBCNEWS BBC News 20240707

interest rates have gone up by three quarters of a percentage point, the biggest increase for more than 30 years. it pushes the base rate up to 3%, as the bank of england tries to control inflation. it s the eighth rise in a row, meaning higher mortgage bills for many homeowners. meanwhile the bank has also warned the uk could be on course for its longest recession since reliable records began, over a century ago. our economics correspondent, andy verity, reports. it is the biggest interest rate rise in a third of a century. the cost of living has been rising at its fastest rate for a0 years for global reasons but the bank of england is trying to prevent runaway inflation from becoming embedded in the domestic economy. these are big changes, they have a real impact on people s lives, so why are we doing it? and why are we doing it now when so many people are already struggling with higher energy and food prices and other bills? quite simply we are increasing the bank rate bec

Transcripts For BBCNEWS BBC News 20240707

are you waiting on a routine operation? if so, for how long? get in touch to let me know you can do that on twitter @annitabbc and use the hashtag #bbcyourquestions, or email yourquestions@bbc.co.uk right wing radio host alexjones is ordered to pay almost $1 billion in damages forfalse claims ordered to pay almost $1 billion in damages for false claims that the sandy hook school massacre was a hoax. a report by conservationists says global wildlife populations have fallen by nearly 70 % in less than five decades. hello and welcome if you re watching in the uk or around the world. the uk prime minister is coming under increasing pressure to rethink the tax cuts announced in last month s mini budget. one tory mp accused her of wrecking ten years of conservative policies aimed at helping working people. this morning the foreign secretary james cleverly warned tory mps that any attempt to replace liz truss as prime minister would be a disastrously bad idea . let s take a look

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