interest rates have been held at 5.25% for the seventh time in a row by the bank of england, despite the rate of inflation hitting the bank s target level of 2% for the time in three years. of 2% for the first time in three years. economists have predicted that interest rates, which are currently at a 16 year high, won t be cut until august. with more, here s our chief economics correspondent, dharshini david. ok, so it s four bedrooms. first time buyerjames has his eye on his dream home in coventry. but getting the keys to the door has been more challenging than expected as higher mortgage rates have made the first rung of the housing ladder harder to grasp. we definitely had to make some cutbacks as a couple and look at our financial plan to see if we could afford the mortgage. with the rates being high, we ve had to save for effectively another year to come into line with that. it s also understanding, yeah, the term of the mortgage, you know, from looking at it, it s now
Social media feeds. For now, from many in the rest of the team here it is goodbye. Hello, this is breakfast, with Rachel Burden and ben thompson. The Democratic Unionist Party say no final deal has yet been reached over a parliamentary pact with the conservatives. Late last night, both parties said talks will continue next week and that the detail of an agreement is still to be determined. Borisjohnson has rejected Newspaper Reports of a Leadership Bid, giving theresa may his full support. The labour Leaderjeremy Corbyn says hes ready for another General Election, insisting he can still become Prime Minister. Good morning, its sunday iithjune. Well be live in westminster and belfast shortly. Also ahead pictures of the fake explosive belts worn by the London Bridge attackers are released by police. Well hear from one of the first officers on the scene. At that point, there were still lots and lots of shots ringing out. I didnt know whether they were our chaps all the bad guys. Richard h
Social media feeds. For now, from many in the rest of the team here it is goodbye. Hello, this is breakfast, with Rachel Burden and ben thompson. The Democratic Unionist Party say no final deal has yet been reached over a parliamentary pact with the conservatives. Late last night, both parties said talks will continue next week and that the detail of an agreement is still to be determined. Borisjohnson has rejected Newspaper Reports of a Leadership Bid, giving theresa may his full support. The labour Leaderjeremy Corbyn says hes ready for another General Election, insisting he can still become Prime Minister. Good morning, its sunday iithjune. Well be live in westminster and belfast shortly. Also ahead pictures of the fake explosive belts worn by the London Bridge attackers are released by police. Well hear from one of the first officers on the scene. At that point, there were still lots and lots of shots ringing out. I didnt know whether they were our chaps all the bad guys. Richard h