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BBCNEWS BBC News at One June 4, 2024 13:12:00

Level for ia years, and said they could rise further still if prices continue to soar. the benchmark rate has been lifted to 3.5% from 3%, in a widely expected move. the chancellor said it was vital to take action to lower inflation. andrew verity reports. in pudsey in west yorkshire, clive turner works in customer service for a large supermarket chain, earning around £20,000 a year. together with his girlfriend, on a similarly modest income, he is already struggling, like millions of families, to cover energy bills which have doubled, and now, his five year fixed rate mortgage is due to expire. every time he hears about an interest rate hike on the news, he winces. it s absolutely mega stressful. because i m trying to work, but then you re looking at the news, it s, like, interest rates, you know, going up, inflation coming up, it s, like, what can i do? withjust over 100,000 left on his mortgage, his interest rate is going tojump from 3.48% to 5.76%. we re now going onto mortgage ....

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BBCNEWS BBC News at Six June 4, 2024 18:15:00

0ur economics editor, faisal islam, has the details. it s absolutely mega stressful. because i m trying to work, but then you re looking at the news, it s, like, interest rates, you know, going up, inflation coming up, it s, like, what can i do? in pudsey in west yorkshire, homeowner clive turner is one of the four million owner occupiers facing significant rises in mortgage costs after a year of bank of england rate rises and that is on top of the hike and energy bills. it is about £120 difference because 5.76. so it is a lot more money out of our disposable income. plus, our energy costs are going up as well as everybody s are. it is going to be a struggle. this is the challenge. the bank of england aims to keep price rises inflation at 2%, but look at this. it is still close to a four decade high, but on the bank s ....

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BBCNEWS BBC News at Ten June 4, 2024 22:15:00

Industrial action still to come. real nervousness in government about those ambulance strikes in much of england and wales taking place next wednesday and a real sense that industrial action this winter is really only just starting. industrial action this winter is really onlyjust starting. ﬁur really only ust starting. our olitical really onlyjust starting. our political editor really onlyjust starting. 0ur political editor chris mason, thank you. the bank of england has announced another rise in interest rates, taking them to their highest level for 1h years. they ve gone up from 3% to 3.5%. the rise will mean higher mortgage payments for some homeowners and people with loans, at a time when many are struggling with the cost of living. the bank is hoping the rise will help bring down the rate of inflation. 0ur economics editor faisal islam has the details. it s absolutely mega stressful because i m trying to work, but all interest rates, you know, going up, inflation s going up. ....

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BBCNEWS Breakfast June 4, 2024 05:51:00

Mornin: good morning to you. hello. good morning from good morning to you. hello. good morning from me good morning to you. hello. good morning from me and good morning to you. hello. good morning from me and good - good morning to you. hello. good l morning from me and good morning everybody. monday was all about alexander, and didn t he do well? tuesday was all about quinn and wednesday was all about kai and yesterday in aberystwyth, he smashed it and we will show you that later. but today pudsey and i will bring on the girls, at last and in about an hour s time, we will introduce sanna. two things you need to know, she has a condition called thalassaemia which means her body does not create enough haemoglobin and you are wiped out, and it s a lifelong condition for sanna, and the second thing you need to know, brace yourself, pudsey, she has never ridden a bike in her life. have a look at this. my name is sanna. i m 20 years old. ....

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BBCNEWS Breakfast June 4, 2024 05:53:00

Exhausted to isolated to go out. that was until a children in need funded charity called oscar birmingham came along. how do i look, pudsey? let s go. this project is helping young people like sanna in the heart of birmingham, and it has really helped turn her life around. right. welcome to oscar birmingham. i first started off myjourney with oscar at around 12 years old, receiving support, but now i m here to mentor young children as well, which is amazing. this is where sanna gained a new social circle which understood her condition. and it s where sanna today is a mentor helping other young people on the same journey. right, ears on! 0k. here we go. ready? can you tell me a bit about how brilliant this charity is, and how children in need has helped us so much? absolutely amazing charity. we re the only ones to be able to reach out to children and young people who are isolated, low in confidence and affected by sickle cell thalassemia, ....

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