Rates have gone up again, for the 14th time in a row. The Bank Of England has put up its main rate from 5 to 5. 25 . That will mean higher mortgages for some people, but its also good news for savers. The Bank Of England is using Interest Rate rises to fight inflation, which has slowed recently, but which is still nearly 8 . Our economics correspondent andy verity reports the father of two, peter, keeping up the payments for his familys mortgages looking like anything but childs play. They bought their home under the governments help to buy scheme, but since then Interest Rates have risen 1a times. When his fixed rate deal expires early next year, the payments willjump. Somehow we are supposed to spend less and find an extra £750 per month to pay for that. For many families it is a terrifying situation, but if you have a young family like ourselves, who have been swayed into the Housing Market by government who has advertised help to buy as an affordable scheme, right, when things bec
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
the business, which employs 12,000 people, has around 400 stores across britain. it says it s facing mounting cash pressures, and has taken the difficult decision to seek administrators as it tries to secure a rescue deal. our top story this afternoon. the bank of england has increased its base rate to 5.25% as it continues to fight inflation. and i am in glasgow as the world cycling championships get under way. it is lunchtime, the athletes here are hungry for medals and thirsty for speed. coming up on bbc news, nfl legend tom brady is the latest high profile sports star to become involved with english football. he s the new minority owner of birmingham city, who say brady will lend them his time and expertise.
to be involved in either bid. at the netball world cup, england have beaten australia 56 55. both sides are already through to the semi finals, wales are leading trinidad and tobago. the american football legend, tom brady, has become a minority owner in the championship side, birmingham city. the seven time superbowl winner will become chairman of a new advisory board at st andrew s. birmingham say brady will bring significant expertise, and work alongside the sports science department to advise on health, nutrition, wellness, and recovery. and tottenham manager mauricio pochettino has played down concerns over an injury to striker christopher nkunku. the £52m player went off with an apparent knee injury in a pre season match against borussia dortmund in chicago.
now. we have not found hard conclusions or any outright indictments of the patriots but the investigator hired by the nfl concluded as you said that it was more probable than not that the new england patriots intentionally deflated footballs. the report blamed the locker room attendant and equipment assistant for letting the air out of the balls. there was little evidence linking the star quarterback tom brady to tampering with footballs, but and this is a big but, it did say brady was, quote, at least generally aware of the inappropriate activity. the patriots beat the colts in the afc championship game where 11 of 12 game balls were found to be underinflated. nfl commissioner roger goodell says the league is still considering what disciplinary action to take. and how to make sure it doesn t happen again. patriots are strongly disputing this report claiming the colts had plenty of underinflated