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hello and welcome to audiences in the uk and around the world. we start here in the uk where the bank of england is poised for the biggest rise in the cost of borrowing for 27 years to rein in the soaring cost of living. economists expect the central bank to raise its main interest rate by half a percentage point something it hasn t done in one go since 1995. that would take it to 1.75% the most expensive borrowing costs the uk has seen for almost a decade and a half with further steep rises expected. it comes as a leading think tank has warned inflation could hit 15% before it starts to ease next year. george buckley is chief uk & euro area economist at the investment bank nomura. i assume you are with the majority and you think is half a percent rise today is a given? i a percent rise today is a civen? ~ , a percent rise today is a civen? ~ , ., a percent rise today is a . iven? ~ , ., ., given? i think it is going to happen. given? i think it is going to h ....
Destroyed. murky brown floodwaters destroyed. murky brown floodwaters has - destroyed. murky brown floodwaters has invadedj destroyed. murky brown - floodwaters has invaded nazanin as my property three times this year. home isn t insured because the premiums are too expensive, and cover is hard to find. i expensive, and cover is hard to find. ., ., find. i don t have flood insurance find. i don t have flood insurance and - find. i don t have flood insurance and you - find. i don t have flood i insurance and you would find. i don t have flood - insurance and you would be very hard pressed to find any company that will cover you in a flood zone, even in a one in 100 yearflood zone, a flood zone, even in a one in 100 year flood zone, because you are very high risk. it is very unsettling, and it is hard to start over, because you are like, is it worth fixing, is it worth replacing things? if i sell my house, can i sell my house? so there is a lot of uncertainty. it house? so there is ....