Caution at the Bank Of England. It keeps Interest Rates on hold but the governor tells us they are optimistic that Borrowing Costs are on the Path Down. Over on Wall Street though the party is back on. Shares hit a new Record High as the fed says the economys in a good place despite Itsjumbo Rate cut billion dollar breaks Australias Economy rides a wave of interest in surfing. It is the government fully with the sport . All those puns to come a little later in the programme. We start here in the uk where the bank of England Governor Andrew Bailey has said Interest Rates are now gradually on the Path Down despite the Banks Decision to keep the cost of borrowing on hold today. The banks main rate was left at 5 after it was cut last month for the first time in more than four years. The bank ratcheted up Interest Rates to try and control inflation which hit a peak of 11. 1 back in 2022. Since then inflation has been brought down significantly its sitting just above the banks target curre
I am here today to answer any legitimate questions and the House Oversight committee may have for me. Shall i allow hunter to give his Opening Statement first . It doesnt appear mr. Biden showed up for his public hearing. With any luck today marks the end of what may be the most spectacular failure in the history of an congressional investigations. State your iniry because we were a very important hearing what is your inquiry . It is not a stunned. I am simply asking you dont have a parliamentary inquiry . Chair recognize him mr. Chairman chairman recognizes mr. Does the committee how the Text Messages . Mr. Chairman we dont have time for games by democrats today. House Impeachment Hearing at 80 he did start, republicans and democrats taking shots at each other with two of Hunter Bidens former Business Partners. Hello and welcome everyone im sandra smith and dajohn craig to be with you. John great to be with you, what a hearing today, im john roberts in washington and this is america r
Rating that everybody should be more concerned about right now . It did not hip stocks today. Well tell you all about it. All right. Welcome. Im neil cavuto. Lets get to it. To Griff Jenkins where it will all go down tomorrow. The third time weve been through this drill, different city but the same drill. Explain what happens. Third indictment in four months. Good afternoon, neil. In exactly 24 hours from now, 4 00 p. M. At the court behind me, we expect the former president to make a first court appearance, possibly be arraigned. It comes after jack smith indicted him again in delivering short brief remarks that some thought were politically charged. Listen. The attack on our nations capitol on january 6, 2021, was an unpredented assault on the seat of american democracy. Its described in the indictment, it was fueled by lies. Lies by the defendant, targeted at obstructing a Bedrock Function of the u. S. Government. Trump is facing four counts in this indictment. You can see them here
Is a rate rise good for you . Really looking forward to speaking to you, to hearing from you this morning, by telephone, by text or social media. Lets get the neatest News Headlines from karishma patel. The Bank Of England is expected to raise its main Interest Rate to 5. 25 at lunchtime. It will be the 14th time in a row its gone up. Inflation has slowed down in the past few months, but is still at nearly 8 four times higher than the official target. Deputy Prime Minister, oliver dowden, says migrants will start to be housed on a barge in dorset in the coming weeks and that inspections are being carried out. They were meant to move in earlier this week but there have been concerns over fire safety and port staff. Ofcom says older viewers are switching away from live tv as part of a record drop in people watching traditional television. The Broadcasting Watchdog says audiences now have an all you can eat buffet of broadcast and online content to choose from. Scientists say a Prehistori
headquarters here in new york city. we continue our breaking news coverage of this evening of u.s. air strikes against iran- backed militias in iraq and syria. the military action is a sharp escalation in the administration s effort to stop the rising threat from iran- backed groups across the middle east. earlier this evening, u.s. central command released video of one of the b one bomber s used to carry out the air strikes, and in a call with reporters and national security council spokesperson laid out the details of the attack. u.s. military forces struck more than 85 targets at seven facilities utilized by the revolutionary guard groups. three of the facilities in iraq, four of them are in syria. numerous aircraft, including b1 bombers, dispatched from the united states were involved in this operation, firing more than 125 precision guided munitions over the course of about 30 minutes. target facilities included command and control centers as well as headquarters build