the people who are affected most by high interest rates would tend to be younger households. older people, older house holders, are more likely to have paid off their mortgages they are mortgage free so they don t feel the impact of the increase in mortgage rates. you could spread the pain more broadly, so those households that, perhaps, aren t facing higher mortgage rates currently households that don t hold mortgages would potentially contribute towards the squeeze in demand by paying higher taxation. you could argue for a property tax, for example. yet there are also practical problems with using tax and spending policy to control inflation. history suggests it s hard to get the timing right, and when it comes to tax and spending political considerations often interfere unhelpfully. this is why the practice in recent decades has been to leave inflation control to the independent bank of england. however there is certainly more open thinking going on among respectab
and they have specific objectives included in them that need to be met, and that is up to each individual country to agree with nato, so they include areas like cybersecurity and also. and information sharing. cybersecurity and also. .. and information sharing.- cybersecurity and also. and information sharing. there were also talks of information sharing. there were also talks of opening information sharing. there were also talks of opening a - information sharing. there were also talks of opening a nato - also talks of opening a nato office in tokyo, but then france strongly objected to it. can you tell us about differences of opinion about how nato should deal with the concerns over china, with these asian allies. so, i think the conversation is increasingly around the interconnectedness between the end of pacific region, notjust around china, but of course around china, but of course around concerns about china as well. we have seen that mentioned in the re
president zelensky is accused nature of weakness and uncertainty over the reluctance of some members to set a timetable for ukraine to join the military alliance. nato leaders meeting in lithuania have agreed they can try but only when certain conditions are met. nato secretary general the sun has said the alliance has never sent a stronger political and practical message about partnership but made clear they could notjoin while it was still at war with russia. our europe editor katya adler sent this report from the summit in vilnius. disappointed, volodymyr zelensky put on a brave face today for supporters in the lithuanian capital. translation: i came here today believing in partners, in a nato that does not waste time. ukraine will make nato stronger. nato will make ukraine safer. a very different tone from his tweet earlier in the day, when he blasted the military alliance as absurd and weak for not agreeing a timetable for kyiv to join the club. as confirmed by nato s
don t write off somebody because they re in a wheelchair. look at what they can do when they ve got the right help and support they can climb mount kilimanjaro. good morning from this factory in rochdale, where they cut doors into shape. what shape is the uk economy in? we get the latest figures this morning. england s greatest ever anotherjoe root century his fastest ever has his team mates purring over his performance. good morning. many of us starting off with a fair bit of cloud this morning. some sunshine. the cloud will build through the day. patchy rain at the far north. this week it is getting warmer, especially across england and wales. details coming up. good morning. it s monday, june the 13th. more home grown produce and more support forfarmers they ll be the central promises within the government s food strategy for england, which is released later today. the plan should improve food security, but well publicised recommendations to reduce consumption of
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