year ago £500 a month worse off than i was a year ago i £500 a month worse off than i was a year ago. i am therefore having to bite into year ago. i am therefore having to bite into my year ago. i am therefore having to bite into my savings for my average monthly bite into my savings for my average monthly outgoing. my pensions don t cover it monthly outgoing. my pensions don t cover it any monthly outgoing. my pensions don t cover it any more, and i can say that cover it any more, and i can say that i m cover it any more, and i can say that i m probably a lot better off than a that i m probably a lot better off than a lot that i m probably a lot better off than a lot of other pensioners. i would than a lot of other pensioners. i would like than a lot of other pensioners. i would like tojust than a lot of other pensioners. i would like to just say something than a lot of other pensioners. i would like tojust say something on what the would like tojust say somethi
. reporter: there s an $80,000 reward for information leading to the suspect who the fbi calls armed and dangerous, while officers search door to door in neighborhoods north of houston. we have 200 law enforcement personnel from federal, state and local agencies, trying to bring this subject into custody. reporter: oropesa has been deported at least four times, the first time in march 2009, and was convicted of driving while intoxicated in 2012. the local sheriff says oropesa had been drinking before the violence on friday began detailing the events that led up to the shooting. the victims, they came over to the fence, said, hey, do you mind not shooting out in the yard. we have a young baby that s trying to go to sleep. reporter: wilson garcia whose wife and 9-year-old son were shot and killed says they called 911 five times that night. they asked the gunman to shoot away from his property.
thank you very much. energy security. damian grammaticas, thank you very much. the energy security. damian grammaticas, thank you very much. the bank- energy security. damian grammaticas, thank you very much. the bank of- thank you very much. the bank of england is expected to announce another big rise in interest rates today. last month s half percentage point increase was the largest for 27 years and took the base rate to 1.75%. the continuing rise in prices on the scale of government spending mean that the bank is under pressure to announce a seventh consecutive increase economics correspondent joins us now. this was a decision delayed from last week?- joins us now. this was a decision delayed from last week? that s right but the markets delayed from last week? that s right but the markets are delayed from last week? that s right but the markets are predicting - delayed from last week? that s right but the markets are predicting the l but the markets are predicting the right
barometer. i m wondering should this president be watching the markets more? it s a barometer of worry and panic. what do you think? yeah, the markets were crashing when we came in to office. i think it was in march 2009. they went into the briefing room and said hey, stocks are cheap. people should buy it. we re like mr. president, never ever try to call the bottom of a stock market. never recommend it. probably that was about the low. yeah. people should have listened to him at that time. but that being said, just because you give great add advise you shouldn t take it. neil: yeah, ronald reagan would say stocks go up, stocks go down. leave it at that. maybe that was the best way to look at the markets. jason, great to see you. jason furman, the former barack
11% in october. it was saying above 10% before but now it is saying above 11% and as you say, their fifth consecutive rise, the highest interest rates we have had since 2009 and in fact, you can say interest rates are now ten times what they were a year ago because in the pandemic, they were cut to 0.1%. 1.25% is still quite low, though. we have had emergency low levels of interest rates really since march 2009 which was supposed to be something that went on for a few months but it has stayed low because the bank of england has not really felt able to raise interest rates because of weak economic growth and stagnant living standards. but now with global energy prices as you mentioned pushing up the cost of goods and services around the world, they feel they have two act to head off inflation. the idea is that if you make it more expensive to borrow, people will be less likely to borrow and have less money to spend on other things and that should cool down the economy, that