Goes into administration. Three, two, one, release, release, release. And a mother and daughter and an 80 year old man with parkinsons become Space Tourists with sir richard branson s virgin. On newsnight at 10 30pm a a star hotel in leafy llanelli. The government says it will not put migrants into such places, but here, they are trying very hard to do just that. Is there a Coherent Policy On Migration . Good evening. An Hawaiian Paradise has been turned into an inferno by wildfire. President biden has declared a major disaster on the island of maui. At least 36 people have lost their lives so far with the coastal Tourist Town Lahaina razed to the ground. Thousands have had to flee and as you can see most houses have been destroyed. People have told how they ran into the ocean as the fire swept through the town. Its not know how the fires started, but the ground is tinder dry after recent hot weather and the flames have been fanned by strong winds from hurricane dora, cutting across th
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
have to live in so far, we will talk tonight about the us to the decision tonight about the us to the decision to supply cluster munitions to ukraine and the latest request from president zelensky for long range weapons. the war in ukraine and the resulting energy crisis is weighing heavy on the german economy. figures out today such germany is heading into its longest sustained recession since 2008. data from the first two months of this quarter the alliance meets in vilnius next week, a summit at which ukraine s so lets start with ukraine. a lot of news in the past couple of hours. president zelensky has just landed in istanbul where he has been meeting president erdogan. the turkish leader touts a special relationship with president putin, and has in the past served as a go between. but he also, stands in the way of sweden s, full membership of nato. an issue that which will be a major part of the discussions when nato meets next week in vilnius. earlier in the day, on his
and 48 hours to come up with the next generation of video games. we ll be hearing from the man behind the global gamejam. hello there. we start here in the uk, where the bank of england has raised the cost of borrowing for the tenth time in a row. the half a percent rise puts uk interest rates at 4%, their highest level in more than 1a years. a bonus, of course, for savers, but it piles more pressure on businesses and those with mortgages, loans and credit card debt. the good news is that the bank now thinks the uk s recession will be shorter and less severe than it previously thought, and there s a hint that rates may not have to go any higher. but a recovery could take years as our economics editor faisal islam reports. the squeeze continues. an official interest rate of 4% should not feel huge, but it does, and notjust here in nuneaton, forjoanne, who runs a furniture and gift shop. the mortgage a furniture and gift shop. the mortgage on a furniture and gift shop. th
good afternoon and welcome to bbc news. the bank of england has raised interest rates from 3.5 to li% their highest level since 2008. the increase will leave millions of households facing higher mortgages at a time when many people are already struggling with energy and food bills. it will also have an impact on repayment charges on bank loans and credit cards but it is better news for savers, who should get a higher return. the bank of england says the increase will help to curb rising prices. our economics correspondent andy verity reports. in leeds like every where else, the cost of keeping up a mortgage isjumping, because of interest rates. stu is used to saving after spending much of his life on a minimum wage. he got a better paying job as a librarian, but like many, his wages have stagnated. when his mortgage expired his payments went from £90 a month to £360. i thought the days of checking the bank balance were gone. but they re back with a vengeance now. it is