we still, of course, work out the detail of the inquiry, but we are still. it is still sinking in, to be honest. charges of attempted rape and assault are dropped against manchester united footballer mason greenwood, after a key witnesses withdraws involvement. the oil giant shell reports record annual profits of £32 billion the highest in its 115 year history. and a watchdog urges landlords to act now after tens of thousands of homes were found to have serious damp and mould issues. good afternoon and welcome to bbc news. the bank of england has raised interest rates from 3.5 to 4% their highest level since 2008. the increase will leave millions of households facing higher mortgages at a time when many are already struggling with energy and food bills. the bank also says the uk will enter recession, but it won t be as severe as they predicted last year. the governor of the bank of england, andrew bailey, has been speaking with our economics editor, faisal islam. we th
good afternoon and welcome to bbc news. the bank of england has raised interest rates from 3.5 to li% their highest level since 2008. the increase will leave millions of households facing higher mortgages at a time when many people are already struggling with energy and food bills. it will also have an impact on repayment charges on bank loans and credit cards but it is better news for savers, who should get a higher return. the bank of england says the increase will help to curb rising prices. our economics correspondent andy verity reports. in leeds like every where else, the cost of keeping up a mortgage isjumping, because of interest rates. stu is used to saving after spending much of his life on a minimum wage. he got a better paying job as a librarian, but like many, his wages have stagnated. when his mortgage expired his payments went from £90 a month to £360. i thought the days of checking the bank balance were gone. but they re back with a vengeance now. it is
The government s 0nline safety bill, because of new research which shows the scale of online grooming. the nspcc says 42 police forces in england and wales recorded more than six thousand offences, involving sexual communications with children last year. critics say the bill will affect the privacy of users. police investigating the deaths of two 18 year olds, who attended the same dj event in glasgow have confirmed they are being treated as drugs related. the first man became unwell at croy train station on saturday night and was later pronounced dead in hospital. the second took ill at the swg3 venue in the early hours of sunday. he also died in hospital a short time later. officers have also said they do not believe the deaths are linked. a private service is being held to mark the 25th anniversary of the 0magh bombing. 29 people died in the blast from a car bomb planted by the real ira. the service is taking place at 0magh library at ten past three this afternoon the same time as
The thinking being from the families, and backed up by a legaljudgment they secured in 2021, that there is a prospect that if the security forces on both sides of the irish border had pieced together intelligence that they had in the run up to the 0magh bombing, then maybe the attack could have been prevented. as far as political reaction goes, we have heard from the democratic unionist party, and the sdlp, both of them welcoming the announcement by the government in london. we have had a statement from the irish foreign minister, micheal martin. the judge who made the ruling 18 months ago which has now led to this british government moved to establish an inquiry said that there should be an investigation carried out by the irish government as well, although it was not in his power to rule that the irish government
That are unprecedented for a generation or more. british gas has now suspended all forced installations. the government has already urged all energy suppliers to do this. the pressure s now really lit up to protect the poorest customers who can t afford to pay. emma simpson, bbc news. the goverment has announced there will be a public inquiry into the 1998 0magh bombing. 29 people died as a result of the attack, the biggest single atrocity in the troubles. the northern ireland secretary chris heaton harris said he hopes his decision will give some comfort to the families on a summer saturday afternoon, the darkness of mass murder came to 0magh. in terms of the numbers of lives lost, it was the worst of many atrocities during the northern ireland conflict. it s almost 25 years