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. let s 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 it s 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. sc
By the mpc, the monetary policy committee, the members deciding on the interest rate rise, they say the question to be considered by mpc members is whether they have tightened enough and going further, risk tipping the economy into a recession, or whether another turn of the ratchet is needed and by how much. the mpc, according to the telegraph, might well be advised to are on the side of caution, since morning lines have been imminent recession, have been flashing red. the bank s reputation has been so shredded by its failure to control inflation, then it will overcompensate, to underpin its own readability, that is the worry. actually, around the slowing of manufacturing and all of that think, we had this report a little earlier on this week, that was saying that rates of contraction in factory output, new orders and employment, all accelerated in july.