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is a rate rise good for you? really looking forward to speaking to you, to hearing from you this morning, by telephone, by text or social media. let s get the neatest news headlines from karishma patel. the bank of england is expected to raise its main interest rate to 5.25% at lunchtime. it will be the 14th time in a row it s gone up. inflation has slowed down in the past few months, but is still at nearly 8% four times higher than the official target. deputy prime minister, oliver dowden, says migrants will start to be housed on a barge in dorset in the coming weeks and that inspections are being carried out. they were meant to move in earlier this week but there have been concerns over fire safety and port staff. ofcom says older viewers are switching away from live tv as part of a record drop in people watching traditional television. the broadcasting watchdog says audiences now have an all you can eat buffet of broadcast and online content to choose fr ....
It s a bitter medicine from the bank, getting us to borrow less, to spend less, and in theory slow prices. but it does appear to be working the rate of inflation is now finally slowing. but at what cost? the bank of england walking a real economic tightrope. fears of recession swirling again. i want to hearfrom you. are you worried about the impact a rate rise could have on your business, yourjob, your mortgage, your rent? or maybe you are hoping for a better return on your savings, and really back the bank s tactics to tame inflation? an issue that matters to all of us. ....
By the mpc, the monetary policy committee, the members deciding on the interest rate rise, they say the question to be considered by mpc members is whether they have tightened enough and going further, risk tipping the economy into a recession, or whether another turn of the ratchet is needed and by how much. the mpc, according to the telegraph, might well be advised to are on the side of caution, since morning lines have been imminent recession, have been flashing red. the bank s reputation has been so shredded by its failure to control inflation, then it will overcompensate, to underpin its own readability, that is the worry. actually, around the slowing of manufacturing and all of that think, we had this report a little earlier on this week, that was saying that rates of contraction in factory output, new orders and employment, all accelerated in july. ....
I own these been with me for ten years, so, yes, i own these properties been with me for ten years, so, yes, i own these properties and been with me for ten years, so, yes, i own these properties and i- been with me for ten years, so, yes, i own these properties and i have i i own these properties and i have put a i own these properties and i have put a lot i own these properties and i have put a lot of i own these properties and i have put a lot of work i own these properties and i have put a lot of work into i own these properties and i have put a lot of work into this - i own these properties and i have put a lot of work into this and i haven t put a lot of work into this and i haven t mistreated put a lot of work into this and i haven t mistreated a put a lot of work into this and i haven t mistreated a single i put a lot of work into this and i- haven t mistreated a single tenant. i ve haven t mistreated a single tenant. i ve never haven t mistreated a single te ....
The moment, that is what we are livin: with. , , . living with. this is the medicine. i cuess living with. this is the medicine. i iuess it living with. this is the medicine. i guess it economist, living with. this is the medicine. i guess it economist, the living with. this is the medicine. i guess it economist, the bank - living with. this is the medicine. i guess it economist, the bank of l guess it economist, the bank of england, the government, will say it is doing what we expected to do. if it can push inflation down. peter, if you are staying, all good, if not, let s get to some of the phone calls. thank you for the millions of texts. text 85058. let s talk to sophie in ipswich, creek in edinburgh, tracy is in chesterfield. good morning and welcome to the programme. tracy, tell us about your situation, you are a small business, a cafe owner in chesterfield. how are things? we a cafe owner in chesterfield. how are things? are things? we run a cafe in chesterfield, are thin ....