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Transcripts For BBCNEWS BBC News 20240707

interest rates are expected to rise sharply today, as the bank of england attempts to tackle soaring prices. the bank is expected to increase its base rate by three quarters of a percentage point from 2.25% to 3%. that would be its eighth consecutive increase since december, pushing the rate to its highest level for m years. it would also mark the biggest single increase since 1989, and could have a big impact on the cost of living and people s finances. our correspondent navtej johal has this report. omar is a veterinary surgeon based in derby. he came to the uk four years ago and had planned to buy a home and settle here long term. with interest rates here expected to rise further today, which is likely to make mortgages more expensive, omar says he s now considering whether he should even stay in the uk. have you lost trust in the uk? i trust my colleagues, i trust my friends, i trust a lot of people in the uk. it shook my trust in the system. and you may move, you may lea

Transcripts For BBCNEWS BBC News at One 20240707

could the emergency services have done more to save lives after the manchester arena bombing? a report is due out shortly. the migrant crisis in kent the home secretary visits dover and manston to see for herself what s happening there. and why soaring energy bills mean many swimming pools and fitness centres could be forced to close this winter. i ve been going, what, ten years or more. peter has been coming 16. and coming up on the bbc news channel. it s crunch time in the t20 world cup group stages as pakistan dig deep to claim a vital victory over south africa to avoid elimination. good afternoon. within the last hour, 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 longes

Transcripts For BBCNEWS BBC News at Six 20240707

with the rates now we re a lot more hesitant. the other main story tonight: at least one of the people killed in the manchester arena bombing could have been saved if the emergency services had arrived sooner says a highly critical report. gunfire pakistan s former prime minister, imran khan, survives a gun attack during a protest march. we know what you whisper. and we ll be on the red carpet, as the eagerly awaited black panther sequel arrives in the uk. the effect of the cost of living crisis on both those participating in sport. good evening. the bank of england has announced the bigget single hike in interest rates since 1989, as it tries to dampen down soaring inflation. it has raised rates from 2.25% to 3% and predicted that the uk is heading into a recession that could last until at least the middle of 202a. it would be the longest recession since records began a century ago and the less well off will be hardest hit. the bank s governor, andrew bailey, also said s

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