and winds of change. cloud computing, augmented reality, and 100km/h yachts! how sailgp hopes to get the video game generation on board. this we start with the cost of borrowing because it is on the rise again. in the next few hours the bank of england and the european central bank are both expected to increase their main interest rates by half a percentage point to their highest in m years as they battle to bring inflation under control. good news for savers of course, but piling more pressure on businesses and many people with loans and mortgages. for the bank of england, it would be the tenth rise in a row and would take the cost of borrowing to 4% its highest since 2008. on wednesday the us federal reserve announced a quarter percent increase a much smaller rise than in recent months. but its chair, jerome powell, warned that it would not be the last. as samira hussain in new york reports after in new york reports a year of aggressive rate increases after a year o
good morning. it is a fairly cloudy start for money. some drizzle in the west, some heavier rain in scotland. that will push north eastwards through the day, with brighter skies in central and eastern areas. details later in the programme. good morning. it s thursday, 2nd february. british gas is facing an investigation after using debt collectors to break into the homes of vulnerable people and forcibly fit pre payment energy meters. the tactic which results in someone s heating being cut off if they don t have the cash to top up their meter is only supposed to be used in homes where there are no young children, pensioners or other vulnerable people. but an undercover reporter from the times newspaper found the meters were being fitted in homes which should be protected. aru na iyengar reports. hello? british gas, your gas supplier. we re here with a court warrant. can you please open the door? otherwise we will have to open it for you. this is the exciting bit. i love t
but said other agents might act differently. it s a very unusual situation at the moment. and this kind of very aggressive debt collection just feels very, very unfair. british gas says, the allegations around our third party contractor, arvato, are unacceptable, and we immediately suspended their warrant activity. ofgem has now confirmed it s investigating, telling the bbc, these are extremely serious allegations from the times. we won t hesitate to take firm enforcement action. with no end in sight of a rising energy prices, the energy companies and regulators may need to find a better way to sort out those who refuse to pay, and those who just can t. aruna iyengar, bbc news. the bank of england is expected to announce that it s putting up interest rates for the tenth consecutive time at midday with many analysts expecting a rise of half a percentage point. ben is here to tell us what this could mean for people.
reruns. good morning. it s thursday, 2nd february. british gas is facing an investigation after using debt collectors to break into the homes of vulnerable people and forcibly fit prepayment energy meters. the tactic, which results in someone s heating being cut off if they don t have the cash to top up their meter, is only supposed to be used in homes where there are no young children, pensioners, or other vulnerable people. an undercover reporter from the times newspaper found the meters were being fitted in homes which should be protected. aru na iyengar reports. hello? british gas, your gas supplier. we re here with a court warrant. can you please open the door? otherwise we will have to open it for you. this is the exciting bit. i love this bit. paul morgan bentley, a times newspaper reporter, says he has witnessed instances of energy companies using strong arm tactics when customers fall into debt.
scotland overnight will ease as we go through the course of tomorrow. and the rain will slowly start to push northwards once again. brighter skies will be further south and also in northern ireland. these are the temperatures. up to a0 degrees. a very mild for temperatures. up to a0 degrees. a very mild for the temperatures. up to a0 degrees. a very mild for the time temperatures. up to a0 degrees. a very mild for the time of temperatures. up to a0 degrees. a very mild for the time of the temperatures. up to a0 degrees. a very mild for the time of the year. thank you. we will see you later. 20 past six. let s take a look at today s papers. the times leads with its investigation into british gas, and findings that the company uses debt collectors to forcibly install prepayment meters in vulnerable people s homes. following the report, british gas owner centrica said it would suspend the use of court warrants that allow forced installations. the daily express leads with the ongoing searc