Stay updated with breaking news from Andrew pozzi. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
good morning. the governor of the bank of england has defended the decision to raise interest rates, saying there s a real risk of soaring prices becoming embedded . yesterday, the bank warned the uk will fall into recession as it raised interest rates by the largest amount in 27 years. the uk economy is forecast to shrink in the last three months of this year, as the bank predicts a recession that will last well into next year. the bank says that sharp increases in energy prices will push inflation to more than 13% a 42 year high and that the value of people s incomes is falling. one of the ways it can try to control inflation is to raise interest rates. this makes borrowing money more expensive which means we are less likely to spend bringing prices down. that s the bank s justification for raising interest rates from 1.25% to 1.75% the biggest rise since 1995. the governor of the bank of england, andrew bailey, told the today programme why raising interest rates ....
experiences its biggest ever outbreak of avian flu. good morning from birmingham, where england are celebrating a double diving gold one for the team s teenage star at her first commonwealth games and another for the most experienced diver retaining his title. it s friday the 5th of august. our main story. a hosepipe ban will come into force in parts of southern england later today, as recent extreme temperatures and a lack of rainfall continue to put pressure on waterways and water supplies. southern water said the move, which affects the isle of wight and parts of hampshire, was a vital step . other bans will follow later in the month in kent, sussex and parts of wales. zoe conway has this report. i ve actually used the hosepipe more. frances and john are neighbours, friends, and very keen gardeners. from today, people living here near alresford in hampshire will be banned from using a hosepipe in their gardens. frances, do you think people will follow the rules? a ....
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 ....
away from issues. i don t know quite how we got here away from issues. i don t know quite how we got here from away from issues. i don t know quite how we got here from planting - how we got here from planting 1 million trees! you ll get your say no matter what. i million trees! you ll get your say no matter what. 1 million trees is a huge amount of trees that could contribute to eventually soaking up the carbon dioxide in our atmosphere. rosa, again, this government are the government who are told they still aren t doing enough to tackle climate change. still a long way to go. enough to tackle climate change. still a long way to go. yeah, and we haven t heard still a long way to go. yeah, and we haven t heard a still a long way to go. yeah, and we haven t heard a great still a long way to go. yeah, and we haven t heard a great deal - still a long way to go. yeah, and we haven t heard a great deal about. haven t heard a great deal about climate haven t hear ....
the fatal shooting of breonna taylor. ms taylor s death in 2020 became a focus of the black lives matter protests across the us. hello and welcome to our look ahead at what the newspapers are going to bring us tomorrow. 0ne story dominates, as you can imagine. with me tonight are yasmin alibhai brown, journalist and author, and rosa prince, editor of house magazine, all about the workings of parliament. let s have a look at some of the front pages before we discuss them in detail. first off, let s look at the ft, which leads with the only story in town really today the warning from the bank of england about a looming recession. experts are predicting inflation will hit 13% by the end of the year. the big squeeze is the is headline, with a dramatic front page graphic of the inflation rise. the daily express tells it s readers to batten down the hatches as a recession is on the way . the mail pictures the bank of england governor andrew bailey, calling him the ban ....