Minute holiday somewhere hot im in cheshire, where there is a beautiful sunrise this morning. Bookings at campsites like this are down because of that bad weather. We will be hanging out with people who have braved the weather and are staying here No Matter What, and my goodness they are looking for some goodness they are looking for some good news from carol. find goodness they are looking for some good news from carol. Good news from carol. And we are lookin at good news from carol. And we are looking at a good news from carol. And we are looking at a dry. Good news from carol. And we are looking at a dry, sunny good news from carol. And we are looking at a dry, sunny and good news from carol. And we are looking at a dry, sunny and warml good news from carol. And we are i looking at a dry, sunny and warm day for most of us. There could be some showers later onto the west then a more unsettled period with sunshine and showers for the next few days. Its thursday the 10th august. Our m
Quite simply they are doing this because of inflation and the rate of Price Increases and the International Comparisons are clear, although inflation is falling, in the uk it is not falling by as much or down to as low a level as it is elsewhere in europe in the us, and the us, and the bank has been talking up food prices and the amount we pay for services and the speed that wholesale, lower wholesale prices are being passed through the supply chain to us. The bank talked about crystallising risks, essentially the fear that when it comes to private sector wage growth, rings might be becoming embedded so they argued they needed to continue acting despite the impact it will have on households and businesses and we know the impact it will have on uk households and Mortgage Holders and also those ran singh. Also a warning from the bank also those renting. They said the rates will be high for a while, they are expecting inflation to meet the target of the Prime Minister, to half inflation t
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