in response to a us senator s visit to the island. the family of archie battersbee seek permission to move him to a hospice doctors warn this carries significant risk. and how disposable facemasks are blighting birdlife in 23 countries around the world. and coming up in sport on the bbc news channel. england s anna henderson wins the first home nations medal on day seven at the commonwealth games, taking silver in the women s cycling time trial. good afternoon and welcome to the bbc news at one. the bank of england has predicted that the uk is set to enter a recession this autumn lasting more than a year. it says inflation is likely to peak at 13% later this year 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 i.75%. the move is part of attempts to curb spiralling inflation, by making borrowing more expensive and discouraging spending. but it makes mortgages and loans more expensive for million
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
hospice. china launches several ballistic missiles into waters around taiwan following a senior us leader s divisive visit to the island. the bbc announces an independent review into the allegations surrounding tim westwood, and his conduct when he worked for the company. and how disposable face marks are affecting birdlife in 23 countries around the world. the bank of england has given a very downbeat assessment of the state of the economy, warning that it will fall into recession this year. it forecasts the economy will shrink in the final three months of 2022, and keep on drinking until the end of next year. inflation, the rate at which prices rise, which the bank forecasts will rise to over 13%, driven by the sharp rise in energy bills. in an effort to curb soaring prices, the bank of england raised interest rates by 0.5% to i.75%, the biggest in 27 years. our economic editor has this report. prices are inflating, interest rates are going up and the economy in general is