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we still, of course, work out the detail of the inquiry, but we are still. it is still sinking in, to be honest. charges of attempted rape and assault are dropped against manchester united footballer mason greenwood, after a key witnesses withdraws involvement. the oil giant shell reports record annual profits of £32 billion the highest in its 115 year history. and a watchdog urges landlords to act now after tens of thousands of homes were found to have serious damp and mould issues. good afternoon and welcome to bbc news. the bank of england has raised interest rates from 3.5 to 4% their highest level since 2008. the increase will leave millions of households facing higher mortgages at a time when many are already struggling with energy and food bills. the bank also says the uk will enter recession, but it won t be as severe as they predicted last year. the governor of the bank of england, andrew bailey, has been speaking with our economics editor, faisal islam. ....
The bank of englands Monetary Policy committee, the nine economists who decided Interest Rates, they dont meet every month. They meet eight months a yeah month. They meet eight months a year. The fact that they have been held, it is disappointing for lots of people who want to remortgage their house. They want to see Mortgage Rates come down, its also disappointing, of course, for someone called rishi sunak, who is betting hes bet the ranch , bet the tories bet the ranch, bet the tories entire strategy for this election, to the extent they have a strategy on playing the long game, on waiting for Interest Rate cuts on getting more tax cuts in. Weve had two so far, those National Insurance reductions, tory hig ....
Election campaign may lead to slower lending – Mortgage Strategy mortgagestrategy.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagestrategy.co.uk Daily Mail and Mail on Sunday newspapers.
Inflation fell to 2.3pc in April, according to the Office for National Statistics. The figure is a welcome fall from 3.2pc inflation seen in March, but still sits above the Government’s target of 2pc. ....