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Transcripts For BBCNEWS BBC News 20240707

interest rates have gone up by three quarters of a percentage point, the biggest increase for more than 30 years. it pushes the base rate up to 3%, as the bank of england tries to control inflation. it s the eighth rise in a row, meaning higher mortgage bills for many homeowners. meanwhile the bank has also warned the uk could be on course for its longest recession since reliable records began, over a century ago. our economics correspondent, andy verity, reports. it is the biggest interest rate rise in a third of a century. the cost of living has been rising at its fastest rate for a0 years for global reasons but the bank of england is trying to prevent runaway inflation from becoming embedded in the domestic economy. these are big changes, they have a real impact on people s lives, so why are we doing it? and why are we doing it now when so many people are already struggling with higher energy and food prices and other bills? quite simply we are increasing the bank rate bec

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Transcripts For BBCNEWS BBC 20240703

Council and an iranian journalist. He explains who Ebraham Raisi is and how he came to power. Raisi was a mid ranking cleric who is in the inner circle of the Supreme Leader and one of his close allies and, you know, he became president after all of the reformist and moderate candidates were pretty much disqualified in an election that was considered illegitimate and many voters stayed away from. In an election that was considered engineered and many voters stayed away from. For more on this, i spooke to our persian correspondent khashayarjoneidi. What is the latest we are hearing from authorities in tehran . One news that came out a few moments ago is that turkeys drone that was dispatched has identified a source of heat which they say may be related to the crash site. It has been a long day and night for Rescue Workers in iran. This is treacherous terrain, mountainous area with thick forest, it has been raining with heavy fog through the day. Sub zero temperatures tonight there and i

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Transcripts For BBCNEWS BBC 20240703

Victim to an Armed Robbery and suffered a health scare but finally the end is in sight. Russell should cross the finish line in tunisia this afternoon, and our reporter ellie price has been looking back at his journey. Lets go day three day four day six his nickname on social media is hardest geezer. Day 349 of running the entire length of africa. After more than 350 days, 10,000 miles and 19 million steps, hes probably earned it. Hes run through deserts, rainforests, savannahs, mountains, jungle and 16 countries, and hes raised well over £500,000 for the Running Charity and sandblast, posting updates on his progress on social media. 0riginally, hed planned a mere 9,000 mile trip, but complications with visas, health scares, geopolitical issues and even an Armed Robbery meant the 26 year old was forced to extend the challenge. But hes taken it all in his stride. I was absolutely bricking it, to be totally honest. Everything goes through your head in those moments. And i was. I was pre

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