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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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BBCNEWS BBC News July 7, 2024

as parts of europe face a drought, the first in a series of hosepipe bans is due to come into force across the south of england to try and tackle water shortages. the american conspiracy theorist alexjones has been ordered to pay more than $4 million in damages after losing a defamation case for falsely claiming the sandy hook shooting was a hoax. hello, and welcome if you re watching in the uk or around the world. in the uk, 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 of a 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 ....

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BBCNEWS BBC June 26, 2024

you can t trust him on this issue. like on every other issue, you say one thing, you do another. you just don t know which keir starmer you re going to get. you can t trust him on this issue. an inquest finds that failures by multiple agencies contributed to the death of a woman who was murdered as she walked home from a night out in east london two years ago. a military coup is under way in bolivia, where hundreds of soldiers and armoured vehicles have encircled government buildings in la paz. welcome to bbc news. i m kasia madera. tonight, rishi sunak and sir keir starmer have clashed over tax, immigration and welfare in their final head to head debate before polling day next thursday. it was a heated confrontation, during which they faced questions from a live audience, who challenged them to explain and justify their stance on integrity in politics, the cost of living and brexit. our political editor chris mason has more. when this campaign started, it felt like spr ....

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BBCNEWS Newsnight June 26, 2024

this programme continues on bbc one. good evening. welcome to our weeknight newsnight extravaganza of interviews and intoxicating insight. here in the studio, a critical friend of the conservative party, the commentator tim montgomery, the former leader of the scottish labour party, kezia dugdale, and the uber pollster, luke tryl, the uk director of more in common. first, that debate in nottingham, only the second time sunak and starmer have shared a stage in the last five weeks. we ll show some of the most interesting bits, but was this the moment of the debate? interesting bits, but was this mr sunak, i think you made a fair job of being chancellor. but you re a pretty mediocre prime minister. sir keir, i think that that your strings are being pulled by very senior members of the labour party. are you two really the best we ve got to be the next prime minister of our great country? applause. there was just that moment, wasn t there kind of a whoa . your reaction to t ....

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BBCNEWS BBC News June 4, 2024 10:00:00

This is bbc news. the headlines at 11am: the bank of england rejects accusations it was too slow to raise interest rates ahead of a looming recession. the economy dominates the latest conservative leadership debate as contenders liz truss and rishi sunak clash over how to deal with the threat of a looming recession. as parts of europe face a drought, the first in a series of hosepipe bans is due to come into force across the south of england to try and tackle water shortages. and environmentally friendly music we look at how one company is trying to make vinyl go green. we use no pvc, we are using 90% less ....

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