Higher savings for some. In the last half an hour, weve had this reaction to the rate rise from the chancellor, jeremy hunt. Well, of course any rise in Interest Rates is a worry for families with mortgages, for businesses with loans. But underneath that decision is a forecast that says that this time next year, inflation will be 2. 8 and we will have avoided recession. What the Bank Of England governor is saying is that we have a plan that is bringing down Inflation Lay solidly, robustly and consistently. So the plan is working but what we have to do as a government is make sure we stick to that plan and dont veer around like a shopping trolley. We stick to that plan so that families and businesses can start to feel the benefits of that plan actually working. So, jeremy hunt says the government is sticking to its plan. But this was the reaction from labours shadow chancellor, rachel reeves. The government need to take responsibility for the fact that inflation in the uk is much higher
after two big teams, brazil and canada exited, two time champions germany were knocked out today, in what is one of the biggest shocks of the tournament. they were held to a draw by south korea in their final group stage game. i want to show you some of the pictures of germany fans watching the game in berlin. as you can see quite a few glum faces. to put this into context a bit this is the first time in germany s history that they have failed to reach the knockout stages. in the other game debutants morocco beat colombia 1 0. that result meant both sides booked their spot into the last 16. let s get more now with our sports reporter, mimi fawaz. one of the biggest shocks of the tournament germany out? absolutely unbelievable. coming into this competition, they were one of the favourites. let s not forget that they made it through to the final of the euro is against england just a year ago. they are the second