it was a terror attack. the incident comes as israelis have been celebrating independence day. the bank of england is forecasting that the british economy is likely to shrink over the next year and inflation will exceed io%. the bank has raised interest rates to i%, but warned monetary policy will not be able to control soaring costs in the short term. earlier, i spoke to yael selfin, chief economist for the global accountancy firm kpmg. i started by asking her to return to the basics and explain why the bank of england raised interest rates. in the last few months, inflation has been going up quite a lot. and it is still expected to go up further this year, and therefore the bank of england needs to act because inflation is way above its target of 2% and is likely to go even further. but realistically, they ve gone up to 1% today, how long does it take for interest rate rises to change our patterns of spending and saving? that s a very good question because it normally takes
will be quite so pathetic to going after some of these big oil giants erecting into record profits at a time when everybody else is being squeezed in the politics of it as you can seat it wouldst be seen to be quite popular and would not alienate too many members of the public either. alienate too many members of the public either- public either. let s turn to a different public either. let s turn to a different story. public either. let s turn to a different story. also - public either. let s turn to a different story. also in - public either. let s turn to a different story. also in the i different story. also in the telegraph actually, antilock down sweden among lowest for pandemic deaths but the world health organization has released estimates of excess deaths and these are those who both died directly and indirectly from covid i9 showing nearly 15 million deaths worldwide which i think is about three times higher than the figure reported. interesting that they have
who was overthrown in street protests 36 years ago could win the presidency in an election that s being billed as a test for democracy. actress amber heard tells a court more of the violence she says she suffered in her marriage with her former husband jonny depp. he sits down in front of me at one point man because of not answering him, i was looking out of the window and he slaps my face. li’se him, i was looking out of the window and he slaps my face. and he slaps my face. live from our studio in singapore. and he slaps my face. live from our studio in singapore. this and he slaps my face. live from our studio in singapore. this is - and he slaps my face. live from our studio in singapore. this is bbc - studio in singapore. this is bbc news, it s news day. it s six in the morning in singapore, and one in the morning in mariupol, where ukrainian troops holed up in a steel works have been told to surrender by vladimir putin. it s the last stronghold of ukraininan re
champions league final it s the club s third champions league final in five years. good morning. parts of the ukrainian city of lviv, close to the polish border, are without power and water after the first russian missile strikes in the west of the country in more than a week. moscow s missiles struck three power stations, causing blackouts and leaving many without power or water. elsewhere, in the south eastern city of mariupol, the steelworks is facing intense shelling, where 200 people remain in hiding underneath the plant. the donetsk region is also being bombarded. officials say 21 people were killed the highest daily death toll since the attack on the railway station kramatosk. in the last hour, the european union announced a ban on all russian oil by the end of this year, in its latest round of economic sanctions. our first report is from mark lobel. after a week s lull, the return of russian missiles, targeting ukraine s west. in lviv, at least three pounded power
the regulator ofgem has warned suppliers not to use the cap increase as a chance to overcharge. how do you know if that includes you? i ll take a look. and remembering those lost on hms sheffield a memorial to the sunken falklands warship will be unveiled today. the champions league final awaits. liverpool knock out vilareal to reach the paris final. and with one trophy already in the bag, just how many more will they add? good morning. some mist and fog to watch good morning. some mist and fog to watch out good morning. some mist and fog to watch out for the first thing this morning watch out for the first thing this morning. also a band of rain pushing east morning. also a band of rain pushing east as morning. also a band of rain pushing east as it morning. also a band of rain pushing east. as it clears the sun will come out behind east. as it clears the sun will come out behind. that could trigger heavy showers out behind. that could trigger heavy showers.