A month in repayments. Somehow, were supposed to spend less and find £750 extra a month to pay for that. So, you know, for many families, it is a terrifying situation. You know, if you have young families like ourselves who have been swayed into the Housing Market by government, whos advertised help to buy as an affordable scheme, right . When things become unaffordable, you cant simply turn around and say, thats your problem. A rise of 0. 25 Percentage Points would take the Bank Of Englands base rate to 5. 25 the highest since april 2008. For someone with an average Tracker Mortgage of £200,000, that would mean a rise of more than £23 a month. And for around 800,000 homeowners due to renegotiate their fixed deal in the second half of this year, it could mean an even bigger increase in their monthly repayments. Whites, good afternoon. But at this estate agent in salisbury, they say there are still more people wanting houses than there are properties available. A supply and demand is
Pain it also causes. The background to this is high inflation, we have a sequencing that Around The World, particularly sticky, or at least has been here in the uk. That is why the bank has been increasing Interest Rates to try and curb the spending and get that Inflation Rate down. Should they continue to do that today, on the one hand, we have an Inflation Rate in the uk that has been easing a little, and when you dig into some of the details, to look at Producer Price inflation, thatis look at Producer Price inflation, that is further down the supply chain, that is the price is that manufacturers and factories might be paying, suggestions are it could be coming down quite significantly now. On the other hand, headline inflation, 7. 9 , still four times the Bank Of Englands 2 target. When you strip out energy and food, which can be equally volatile core inflation, they are still not falling by enough, wage growth remains quite high as well, and then there are wage comparisons, and in
future is possible. wherever you rejoining me from around the world, once again, a big hello and a warm welcome to the show. you know, just over six years ago, the singing superstar rihanna, she launched a cosmetic brand called fenty. she had the backing of the global luxury goods giant lvmh. today, fenty has made rihanna a billionaire, but she s not alone. kyliejenner, one of the most followed people in the world on social media, launched a makeup line and became hugely successful all by the age of 21. the cosmetics industry, it s one of the most disrupted out there, as well as coping with covid. it s had to deal with an onslaught of these start ups, which use the founder who can talk directly to customers on social media to drive growth and create a seemingly personal relationship with them. that s according to one of the authors of one of the most widely read reports in the cosmetic and beauty world. they re not necessarily celebrity driven, many of them are, but often the
saying it wasn t informed by russian authorities. and king charles is said to be doing well after undergoing treatment for an enlarged prostate. he was admitted this morning to the private london clinic, where the princess of wales is also recovering from abdominal surgery. good evening. the united nations highest court says israel must take action to prevent acts of genocide by its forces in gaza and must let more aid into the enclave to alleviate the suffering. but the provisional ruling from the international court ofjustice, in the hague, stopped short of demanding a ceasefire. joan donoghue, the president of the court, issued their 29 page ruling, but she did not draw conclusions as to whether there had been violations under the convention. that, she said, will happen at a later stage of the process. in the court s view, at least some of the acts and omissions alleged by south africa have been committed by israel in gaza appear to be capable of falling within the prov