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From 5 to 5. 25 . And for the first time, its suggested that rates will stay higher for longer in an attempt to drive down stubborn inflation the rising cost of goods and services by reducing the amount of money we have to spend. Although todays increase means Borrowing Costs are at their highest level since 2008, it follows an era of unprecedented low rates. In previous decades, rates were much higher we can see here that in the 1980s rates got up to 18 before gradually falling. The bank today cut its forecast for economic growth, though it said the uk will avoid a recession. In a moment, well hearfrom savers, as well as families trying to cope with increasing costs, but first, heres our Chief Economics correspondent dharshini david. From cafe says customers may resist rate as higher mortgage and rent payments bite, to Est ....
Increased use of private providers . Is it the thin end of the wedge as far as you see it, the start of the Slippery Slope towards full privatisation that some people really worry about . Let us know. There is the phone number, nhs weights, that is what we are doing. Is private cure . Lets get the news headlines. The worlds oceans have had their hottest ever recorded temperature as they soak up warmth from climate change. Scientists say the average Surface Temperature reached 20. 96 celsius this week, surpassing the previous high set in 2016. The government are set out plans to expand the use of the private sector to tackle the nhs backlog in england. 30 new Community Diagnostic Centres are being set up, eight of which will be run privately. The sector already carries out hundreds of thousands of treat ....
Pattern globally. Rising Sea Temperatures and increasing numbers of Marine Heatwaves. And it has just reached a new peak, 20. 96 degrees celsius, the highest Global Average sea temperature ever recorded. The worlds warming waters are a dangerous trend, say experts. Peoples perspective is that the ocean is so big, so vast, that it can buffer anything that humanity can throw at it. And the reality is thats not the case. Everything has its niche within the ocean, and its incredibly easy to to break that niche and influence it and upset it. Take plankton. These tiny plants and animals are crucial to life on the planet. Theyre the basis of the entire Marine Food Chain and produce half the oxygen in our atmosphere. So, every other breath you take. And they are sens ....