Our reporter ben king has the details. When drinkers gather at londons King Charles Pub this evening, there will be a new tax regime in place. Changes announced in March Come Into Effect today taxing stronger drinks more and weaker drinks less. At the same time, Alcohol Duties rise with inflation up by io. I . The result a complex series of changes. 12 sparkling wine will be i9p cheaper as higher rates for fizz are abolished. A can of pre mixed gin and tonic will be 5p cheaper. But a bottle of 12 still wine will rise 44p. A bottle of vodka up 76p and a bottle of 20 port up £1. 30. So among drinkers, there will be some winners and losers. But the wine and spirits industry, which sees many of its products hit with higher taxes, says customers will see higher prices and less choice. We have the biggest duty increase in almost 50 years at the same time as we have inflation rife and a cost of living crisis. On top of that, we have Raw Materials like glass that are increasing in price expon
Speaking before squeezed by massive bills, there is still Spending Power out there. A lot of our customers are probably a bit older, so we dont feel the mortgage rate, although it creates uncertainty for them and that does and we do notice when there is a rate rise, everyone gets a bitjittery. Does it feel like we are getting green shoots . I dont feel that there is green shoots, no, no. I dont feel that there is green shoots, no, no. I feel we are in a holding pattern. It could go either way. Today, the Bank Of England said the tough medicine was beginning to work. Less tha n less than two years they have over 14 steps raised Interest Rates to the highest level in 15 years in an attempt to drain Spending Powerfrom the Spending Power from the economy. The period of near zero Interest Rates now consigned to history with the bank warning that rates could remain at this level for some time. If you asked the question, yes, and when are rates going to come down . My answer is we are going t
Seized in schools across england and wales in the past two years. Also, dreams become Virtual Reality for one british tech firm. Improbable manages raises almost £400 million in one of the biggest ever investments in an early stage European Technology business. And. A close shave for Paddle Boarders in calfornia, after theyre warned theyre swimming next to 15 great white sharks. Good morning. Its friday 12th may. Im annita mcveigh. Welcome to bbc newsroom live. The Labour Leader, Jeremy Corbyn, is to give a major Foreign Policy speech in about half an hour s time in which he is likely to say that he doesnt see himself as a pacifist, because he would use Military Force as a last resort but that he believes Military Intervention has become far too common in recent times. Mr corbyn was chair of an anti war group and opposed intervention in kosovo and serbia. He is also known to bea kosovo and serbia. He is also known to be a long term supporter of unilateral disarmament and the stylist a
I loved him. For me, every time i saw him it was a special feeling. Good morning. And im live here at the London Stadium. Its day eight of the World Athletics Championships and all morning here on Bbc Breakfast. Ill be rounding up the action for you. And there was no Fairy Tale Ending for Isaac Makwala in the mens 200 metres last night. He finished sixth while britains Nethaneel Mitchell bla ke was fourth. Should the locals get to decide on what happens in the rough neighbourhood . Is people power the answer to our Housing Crisis . A new Campaign Says locals should get more say over Planning Applications. It would speed up construction, but critics say it could ruin the greenbelt. Ill have the details. It isa it is a beautiful start to the day. Will the weather remain this way . I will have the full forecast in 50 minutes. Thank you. 15 minutes. Good morning. First, our main story. The scandal over Contaminated Eggs continues to spread across europe, with denmark the latest country to
G Re Nfell Tower donations made to the victims of the Grenfell Tower fire are not reaching survivors quickly enough, according to campaigners in west london. Also Holiday Hold Ups where in the uk sees the longest delays . Passengers heading off from gatwick are worst affected, as Research Reveals how long travellers spend twiddling their thumbs at airports. Ready for the end of an era . Usain bolt will run his final competitive race this weekend at the World Athletics Championships. Good morning. Its friday, 11th august. Im ben brown. Welcome to bbc Newsroom Live. The us Defence Secretary, james mattis, says america is still trying to use diplomacy to resolve the growing tension with north korea and that war would be catastrophic. His remarks contrasted with those of President Trump, who said his threat to unleash Fire And Fury against north korea might not have been tough enough, but secretary mattis insisted diplomatic efforts were yielding results, though Military Options were ready