up, all the bills have gone up. it s just really difficult. and all the food prices, the fuel prices. we ll be asking when we might hope for better economic news and what the two people vying to become prime minister might do to help. also on the programme. china releases images of the country s launch of ballistic missiles into waters around taiwan, in response to a senior us democrat visiting the island nation yesterday. the bbc should have done more to explore claims of sexual misconduct made against the former dj tim westwood says an internal review. and at the commonwealth games, geraint thomas suffers a bruising crash but still takes bronze in the men s cycling time trial. and coming up on the bbc news channel. we ll have the latest from the women s open at muirfield, where japan s hinako shibuno has impressed with a first round of 65. good evening. the bank of england has given a very downbeat assessment of the state of the economy warning that it will fall into
moved to a hospice. china launches several ballistic missile tests into waters around taiwan following a senior us leader s divisive visit to the island. and how disposable facemasks are blighting birdlife in 23 countries around the world. good afternoon, welcome to the bbc news channel. good afternoon, welcome to the bbc news channel. the bank of england has predicted that the uk is set to enter a recession this autumn lasting more than a year. the bank says inflation is likely to peak at 13% by december and today it has announced the largest rise in interest rates for 27 years. the 0.5% hike means that interest rates now stand at 1.75%. the move is part of attempts to curb spiralling inflation, by making borrowing more expensive and discouraging spending. but it means mortgages and loans will be more expensive for millions of people as andy verity reports. rarely has the bank of england given out an economic warning this unsettling. it s not only forecasting the worst infla