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sunday where there might be the odd crack of thunder in northern ireland. we will get to that soon. here is the big picture. a large area of low pressure here is helping to draw in a warm atmosphere from the southern climes and it is spreading across the uk. it has already been the warmest day of the year so far in england, around 19 celsius. in the north of the country, still feeling the chill in scotland, it will be freezing mid morning on saturday. for most of us between four and 10 celsius and on some western coasts. lots of cloud across the north half of the uk. showers from the morning onwards across northern ireland, wales, the north west of england. the best of the weather this programme continues on bbc1. the chairman quits. he falls on his sword to protect the bbc reputation. questions remain about the mysterious £800,000 alone in the independence of the bbc. richard sharp says that the independent report into his appointment found only that he inadvertently ....
good afternoon and welcome to bbc news. the bank of england has raised interest rates from 3.5 to li% their highest level since 2008. the increase will leave millions of households facing higher mortgages at a time when many people are already struggling with energy and food bills. it will also have an impact on repayment charges on bank loans and credit cards but it is better news for savers, who should get a higher return. the bank of england says the increase will help to curb rising prices. our economics correspondent andy verity reports. in leeds like every where else, the cost of keeping up a mortgage isjumping, because of interest rates. stu is used to saving after spending much of his life on a minimum wage. he got a better paying job as a librarian, but like many, his wages have stagnated. when his mortgage expired his payments went from £90 a month to £360. i thought the days of checking the bank balance were gone. but they re back with a vengeance now. ....
we start here in the uk, where the bank of england has raised interest rates to their highest level for m years. the increase will leave millions of households facing higher mortgage payments at a time when many people are already struggling with crippling energy and food bills. the bank has raised rates by half a percentage point, to 4%. the aim to make it more expensive to borrow and spend so businesses and households rein in, meaning less upward pressure on prices. uk inflation eased slightly in december but was still at 10.5%, close to the highest level in a0 years and more than five times the bank of england s target. the bank governor said inflation had turned the corner, but the battle against surging prices wasn t over yet. we have done a lot on rates already. the full effect of that is still to come through. but it is too soon to declare victory just yet. inflationary pressures are still there, and we can see that in the data and we hear it from our agents. and we ....
this currency expert from one of the world s biggest banks tells me how it s a story of both american strength and the weakness of other economies. so how much stronger could the dollar get? i m going to ask this man right here, former us treasury secretary larry summers, if an international deal will be needed to curb its rise. also on the show, helping beat those queues at the airport. i m going to be speaking to the big boss of air transport data giant sita about the tech solutions driving the future of seamless travel. wherever you rejoining me from around the world, once again, a big hello and a warm welcome to the show. here s a quote. the dollar is our currency, but it s your problem. that s what the then us treasury secretaryjohn connally famously told some of his european counterparts back in 1971. and 50 years on, it seems as true as ever. us policymakers, they re trying to clamp down on the cost of living crisis and the impact of that? it s being felt all o ....
time for a look at the weather. here s darren bett. but so much in the west because we have this cloud spilling in. it is wrapped around that big area of low pressure, and the low itself will not reach us just yet but i had a bit, pushing well ahead of it, all of this cloud and that is beginning to arrive across parts of northern ireland, limiting the sunshine. further east, it has been a beautiful day, this was the picture at whitby in north yorkshire. we have seen one or two light show is running in off the irish sea into parts of north west england and one or two bumping into the far west and fat north of scotland but generally it is dry with a lot more sunshine to come over the next couple of hours with temperatures holding at around 12 13 celsius and it ll get cold this evening for eastern areas with those clearer skies. to the west, some more showers running in off the irish sea, heavy showers in scotland moving up towards the northern isles, then that now that we ....