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BBCNEWS BBC News July 7, 2024

good morning. the governor of the bank of england has defended the decision to raise interest rates, saying there s a real risk of soaring prices becoming embedded . yesterday, the bank warned the uk will fall into recession as it raised interest rates by the largest amount in 27 years. the uk economy is forecast to shrink in the last three months of this year, as the bank predicts a recession that will last well into next year. the bank says that sharp increases in energy prices will push inflation to more than 13% a 42 year high and that the value of people s incomes is falling. one of the ways it can try to control inflation is to raise interest rates. this makes borrowing money more expensive which means we are less likely to spend bringing prices down. that s the bank s justification for raising interest rates from 1.25% to 1.75% the biggest rise since 1995. the governor of the bank of england, andrew bailey, told the today programme why raising interest rates ....

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Nigeria's silver at Birmingham 2022 Para powerlifting upgraded to gold

Nigeria's silver at Birmingham 2022 Para powerlifting upgraded to gold
ghanaiantimes.com.gh - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ghanaiantimes.com.gh Daily Mail and Mail on Sunday newspapers.

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Micky Yule: Commonwealth Games bronze upgraded to silver

Micky Yule: Commonwealth Games bronze upgraded to silver
eastlothiancourier.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eastlothiancourier.com Daily Mail and Mail on Sunday newspapers.

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From Oliver Hoare's 1,500m win to the boisterous Birmingham crowds, here are our picks for the best moments from the 2022 Commonwealth Games - 09-Aug-2022

As the 2022 Commonwealth Games comes to a close, we reflect on some of the most magical moments from the past 11 days. ....

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Tory leadership campaign is turning into the stuff of nightmares with true colours revealed - Record View

Tory leadership campaign is turning into the stuff of nightmares with true colours revealed - Record View
dailyrecord.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyrecord.co.uk Daily Mail and Mail on Sunday newspapers.

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