Live Breaking News & Updates on Damian Grammaticus
Stay updated with breaking news from Damian grammaticus. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
good morning. the governor of the bank of england has defended the decision to raise interest rates, saying there s a real risk of soaring prices becoming embedded . yesterday, the bank warned the uk will fall into recession as it raised interest rates by the largest amount in 27 years. the uk economy is forecast to shrink in the last three months of this year, as the bank predicts a recession that will last well into next year. the bank says that sharp increases in energy prices will push inflation to more than 13% a 42 year high and that the value of people s incomes is falling. one of the ways it can try to control inflation is to raise interest rates. this makes borrowing money more expensive which means we are less likely to spend bringing prices down. that s the bank s justification for raising interest rates from 1.25% to 1.75% the biggest rise since 1995. the governor of the bank of england, andrew bailey, told the today programme why raising interest rates ....
as parts of europe face a drought, the first in a series of hosepipe bans is due to come into force across the south of england to try and tackle water shortages. the american conspiracy theorist alexjones has been ordered to pay more than $4 million in damages after losing a defamation case for falsely claiming the sandy hook shooting was a hoax. hello, and welcome if you re watching in the uk or around the world. in the uk, the governor of the bank of england has defended the decision to raise interest rates, saying there s a real risk of soaring prices becoming embedded . yesterday, the bank warned of a recession as it raised interest rates by the largest amount in 27 years. the uk economy is forecast to shrink in the last three months of this year, as the bank predicts a recession that will last well into next year. the bank says that sharp increases in energy prices will push inflation to more than 13% a 42 year high and that the value of people s incomes is ....
to global food supplies. the podcaster deborahjames, who s raised more than £1 million for cancer charities, announces she s having hospice care at home for her terminal bowel cancer. and rebekah vardy v colleen rooney the so called wagatha christie libel trial kicks off at the high court. good afternoon from westminster. prince charles has unveiled the government s plans for legislation for the year ahead, at the state opening of parliament. it was the first time in nearly 60 years that the queen didn t deliver the speech, after she decided not to attend because of what buckingham palace described as mobility problems. this is the first time, although it is the third this is the first time, although it is the third time this is the first time, although it is the third time she this is the first time, although it is the third time she has this is the first time, although it is the third time she has not delivered the speech, on the two previous occasions it was because s ....
Is currently unclear whether the president was on board the helicopter that state media says was involved in the accident, so there were three helicopters in this convoy. One of them had what state media are calling a hard landing. There is a lot of heavy rain and fog in the area and we are just seeing the mp for the city where the convoy was heading has told reporters in tehran that Emergency Rescue workers have yet to find the location of the president s helicopter, and heavy rain and fog has made the rescue very difficult. They are saying of the three helicopters, to have landed safely but there is no news on the third. Some reports do say they were carrying the president and Foreign Minister but we have had no confirmation of that at the moment and i amjoined in confirmation of that at the moment and i am joined in the studio by mike colleague. You have been monitorin ....
Details later. Its thursday 19th october. Around 20 trucks of aid are expected to enter gaza after a deal announced by President Biden. Egypt has agreed to let the humanitarian supplies enter via the Rafah Crossing but its unlikely to happen until friday. Announcing the agreement, the us president warned that the aid would be stopped, if any supplies were taken by hamas, which is regarded as a Terrorist Organisation by the uk. Rishi sunak will also arrive in tel aviv this morning, as part of a two day visit to The Middle East. With the latest, heres our correspondent wyre davies. As trucks carrying aid queue on the egyptian side of the gaza egypt border, the un and aid agencies have been increasingly alarmed at the unfolding humanitarian crisis. On a visit ....