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more money for social care in england to help free up nhs beds, but critics say it s just tinkering around the edges. iranian police and anti government protesters clash in tehran for a seventh day in the worst unrest for years after the death of a young woman in police custody. and launching the see monster, the latest project in a festival of creativity in the uk, costing the taxpayer £120 million. is it worth it? and coming up in the sport on the bbc news channel england s cricketers convincingly crushed in karachi as pakistan level the t20 series with a ten wicket win. good evening. interest rates have risen to their highest level for 14 years, heaping extra costs on mortgage holders, credit card users and businesses. the governor of the bank of england warned that the uk economy may already be in recession. rates have risen by 0.5% today the seventh hike in a row as the bank tries to curb inflation. interest rates now stand at 2.25%. our economics editor faisal isla
TenInterest-ratesPressureRecessionLevelBank-of-englandUkHousehold-budgets2-25CountryChancellorReservists