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plus rising prices falling ratings. can president biden win the argument on the us economy with just days to go until the midterm elections? and a pressing crisis. the cost of olive oil set to soar with harvests shrivelled by europe s summer heatwave. hello. we start here in the uk which is now facing the longest recession since records began, a century ago. that was the bleak warning from the bank of england on thursday, as it raised interest rates to 3% to try to dampen down soaring inflation. the bank says the uk economy is already in recession, and could keep declining until the middle of 202a. the pound slumped on the news to its lowest in more than two weeks. here s our economics editor faisal islam. the end of a decade and a half of ultralow interest rates was always going to be difficult, but dealing in mortgages has in recent weeks felt more like the stock market than the housing market. , , stock market than the housing market. , , . ., , ....
with the rates now we re a lot more hesitant. the other main story tonight: at least one of the people killed in the manchester arena bombing could have been saved if the emergency services had arrived sooner says a highly critical report. gunfire pakistan s former prime minister, imran khan, survives a gun attack during a protest march. we know what you whisper. and we ll be on the red carpet, as the eagerly awaited black panther sequel arrives in the uk. the effect of the cost of living crisis on both those participating in sport. good evening. the bank of england has announced the bigget single hike in interest rates since 1989, as it tries to dampen down soaring inflation. it has raised rates from 2.25% to 3% and predicted that the uk is heading into a recession that could last until at least the middle of 202a. it would be the longest recession since records began a century ago and the less well off will be hardest hit. the bank s governor, andrew bailey, also ....
and israel election officials confirm benjamin netanyahu and his far right allies as the winners in tuesday s vote he s set to return for a record sixth term as prime minister. the bank of england has warned that the uk is facing its longest recession since records began, as it raised interest rates by the most in 33 years. the 0.75% point rise the eighth consecutive hike takes uk rates to 3%, meaning higher mortgage bills for many homeowners. the bank of england s move matches the us federal reserve s rate hike on wednesday, as central banks around the world battle to combat inflation. here s the bank of england governor. these are big changes. they have a real impact on people s lives. so why are we doing it and why are we doing it now when so many people are struggling with higher energy and food prices and other bills? we are increasing bank rate because inflation is too high. it is the bank sjob to bring it inflation is too high. it is the bank s job to bring ....
ukraine s slow advance on the russian held city of kherson amid reports russia could be preparing to withdraw our international editor jeremy bowen is on the front line. you can see why the kherson offensive is taking a lot of time. it is flat, open ground. they are under the russian guns. explosions. pakistan s former prime minister imran khan survives a gun attack during a protest march. and the leisure centres, swimming pools and gyms that could be forced to close this winter as a result of soaring energy costs. coming up in sport on the bbc news channel, manchester united win their final europa league group game, but finishing second means a potentially tricky knockout round playoff awaits. good evening. the bank of england has raised interest rates from 2.25% to 3% the biggest single hike in more than 30 years to try to dampen down soaring inflation. it will impact everything from mortgages and rents to the price of food and services. the bank warned that the ....
(Bloomberg) Perficient Inc. is considering a potential sale, people familiar with the matter said.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailTesla Soars on Tentative China Approval for Driving SystemS&P 500 Falls 1% at End of Worst Month in 2024: Markets WrapStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterThe US-listed technology consultant is working with advisers to explore strateg ....