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Welcome back to bbc news. the bank of england is expected to announce another rise to the cost of borrowing at noon. their eyes would be the 13th in a row by the bank s monetary policy committee and is in response to stubbornly high inflation. inflation which measures the base prices rise at stated eight the base prices rise at stated eight the month of may, the same as in april. many analysts and economists had expected at least hoped it may have fallen to about 8.5% but it didn t and one of the problems we have with inflation is core inflation is still very high in the uk. there had been hoped that prices may have come down and the bank s remit is to keep inflation at 2%, 8.7%, way, way above bank s target. but the news if it does happen would come as a blow to many mortgage holders who could say their mortgage repayments rise of the cost of ....
Your response is tojeremy hunt saying he really wants to stick to his guns. you have been covering the cost of living crisis for quite some time now, do you think that many can really fast to this idea of this is the 13th rise in a row? the government the 13th rise in a row? the government clearly i the 13th rise in a row? the government clearly has i the 13th rise in a row? the government clearly has a clear target government clearly has a clear target on government clearly has a clear target on getting down inflation, it says it target on getting down inflation, it says it wants to have inflation from 10% down says it wants to have inflation from 10% down to 5% by the end of the year. 10% down to 5% by the end of the year. now 10% down to 5% by the end of the year, now clearly one of the major ways year, now clearly one of the major ways of year, now clearly one of the major ways of doing that is intelligently bank of ways of doing that is intelligently bank of engla ....