Stay updated with breaking news from Savings haven t. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
wherever your arejoining me from around the world, once again a big hello and warm welcome to the show. you know, across the world s most powerful countries, the cost of borrowing money has been going up. central banks, they ve been raising the interest rates to tackle inflation. and while banks have been lightning fast in passing on those rising rates to those who borrow from them, those who save with their banks, well, they ve not been seeing the same immediate reaction. if they want higher rates, they often have to shop around and move their money. in the united states, the world s biggest economy, you can see the difference. the average interest rate for someone wanting to take out a 30 year mortgage is around 7%. but the average rate for savers? it s a lot less. just 0.35% a year. so, if you put $1,000 into the bank, you would earn just $3.50 in interest. in europe, it s a similar story. the average interest rate you have to pay if you want to borrow money to buy a ....
and, michele yeoh says she kung fu kicked the glass ceiling, with her best actress win at the oscars. for all the little boys and girls who look like me watching tonight, this is a beacon of hope and possibilities. live from our studio in singapore, this is bbc news. it s newsday. welcome to bbc news, broadcasting to viewers in the uk, on pbs in the us, and around the world. the leaders of britain, australia and the united states have hailed a pact to provide canberra with nuclear powered attack submarines, saying it will boost security in the asia pacific region for decades to come. under the aukus agreement, australia will first receive at least three submarines from the us. chris mason reports from san diego, where the deal was announced. a pact of old democracies coming together to counter a new and growing adversary. china. australia and the united kingdom are two of america s most stalwart and capable allies. our common values, ourshared vision for a peaceful, p ....
i m going to be discussing it with these three, there they are, matthew plosser from the new york federal reserve, liz lumley from the banker magazine, and frederic malherbe from university college london, who thinks central banks should consider more radical steps to get the banks to pass on better deals for savers. plus, the boss behind the trains of tomorrow. my interview with the global ceo of one of the world s biggest train and tram makers, on the future of transport across the world. wherever you arejoining me from around the world, once again a big hello, and warm welcome to the show. you know, across the world s most powerful countries, the cost of borrowing money has been going up. central banks, they ve been raising the interest rates to tackle inflation. and while banks have been lightning fast in passing on those rising rates to those who borrow from them, those who save with their banks, well, they ve not been seeing the same immediate reaction. if they wa ....
added to the venue for hollywood s biggest awards. the field of best picture contenders features many of last year s biggest box office hits, including elvis, and everything everywhere all at once. now on bbc news, talking business. hello, everybody, welcome to talking business with me, aaron heslehurst. let s take a look at what s on the show. rates are rising around the world, so why aren t more savers getting a better deal from their banks? bumper profits are expected from the world s biggest financial institutions this year, as they charge more to borrow. but those with savings haven t seen the same consistent increase in what they get paid for putting money in the bank. so, why not? i m going to be discussing it with these three, there they are matthew plosser from the new york federal reserve, liz lumley from the banker magazine, and frederick maller from university college london, who thinks central banks should consider more radical steps to get the banks to p ....