china. president biden is facing ongoing questions about why he allowed his son hunter to attend a state dinner last week as more information is coming out about other investigations. critics say the decision was poor. the president s defenders disagree. jackie is live from the north along with details tonight. when we have questions about the ongoing federal probe into the president s son, officials redirect us to the white house counsel s office or the doj, saying they can t talk about it. when it comes to the decision to bring hunter to official events and presidential spaces, the answer is we are not going to engage on this. the former spokesperson believes hunter biden asked to attend the dinner days after accepting a plea deal with prosecutors in an ongoing investigation. his son wanted to come, so his son is going to come to the dinner. is the love for his son greater than the love for his country? that is what it looks like. the leader of the free world is a r
we still, of course, work out the detail of the inquiry, but we are still. it is still sinking in, to be honest. charges of attempted rape and assault are dropped against manchester united footballer mason greenwood, after a key witnesses withdraws involvement. the oil giant shell reports record annual profits of £32 billion the highest in its 115 year history. and a watchdog urges landlords to act now after tens of thousands of homes were found to have serious damp and mould issues. good afternoon and welcome to bbc news. the bank of england has raised interest rates from 3.5 to 4% their highest level since 2008. the increase will leave millions of households facing higher mortgages at a time when many are already struggling with energy and food bills. the bank also says the uk will enter recession, but it won t be as severe as they predicted last year. the governor of the bank of england, andrew bailey, has been speaking with our economics editor, faisal islam. we th
they re trying desperately to change the narrative here. and the reality that most russian forces in ukraine are on the retreat. the delayed rugby league world cup will finally begin later, when hosts england take on samoa in the first of 61 games of the tournament. hello and welcome if you re watching in the uk or around the world. in the uk, the new chancellor of the exchequer, jeremy hunt, has refused to rule out public spending cuts, and said taxes may have to rise. in his first interviews since being appointed, jeremy hunt told the bbc ministers had made mistakes when they announced plans to slash taxes without setting out how it would be paid for. in the three weeks since, the cost of borrowing money rose, both for the public and for the government. mr hunt said every government department would have to come up with savings. answering prime minister s questions this week, liz truss had suggested that public spending would continue to rise. there were some mistakes made
The catalyst wednesdays Consumer Price index report which showed inflation rising less rapidly in april than wed seen in the first three months of the year. Fed Chairjerome Powell had said just a day earlier that fed officials were surprised by this years higher than expected readouts. Traders keenly watch Inflation Figures for clues on how the fed will move forward on Interest Rates. Any news of price increases easing raises their hopes the Interest Rates will be cut sooner rather than later. Now more investors expect the fed to make its first rate cut in september and a second in december. As we have been reporting on news day, russiare president has arrived in china for a two day visit. It comes as moscow has become more dependent on beijing following its invasion of ukraine more than two years ago. Trade numbers hit record highs last year as china bought discounted russian oil in the face of sanctions. You can weep up with the latest on president putins trip by our live payment on
And the nasdaq all hit their highest levels ever. The catalyst wednesdays Consumer Price index report which showed inflation rising less rapidly inflation rising less rapidly in april than wed seen in the first three months of the year. Fed Chairjerome Powell has said a day earlier that fed officials were surprised by this years higher than expected readouts. Traders keenly watch Inflation Figures for clues on how the fed will move forward on Interest Rates. Any news of price increases easing raises their hopes the Interest Rates will be cut sooner rather than later. Now more investors expect the fed to make its first rate cut in september and a second in december. As we have been reporting on news day, russiare president has arrived in china for a two day visit. It comes as moscow has become more dependent on barnabyjoyce following its Barnaby Joyce following its invasion barnabyjoyce following its invasion of ukraine more than two years ago. Trade numbers hit record highs last year a