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good morning. the governor of the bank of england has defended the decision to raise interest rates, saying there s a real risk of soaring prices becoming embedded . yesterday, the bank warned the uk will fall into recession as it raised interest rates by the largest amount in 27 years. the uk economy is forecast to shrink in the last three months of this year, as the bank predicts a recession that will last well into next year. the bank says that sharp increases in energy prices will push inflation to more than 13% a 42 year high and that the value of people s incomes is falling. one of the ways it can try to control inflation is to raise interest rates. this makes borrowing money more expensive which means we are less likely to spend bringing prices down. that s the bank s justification for raising interest rates from 1.25% to 1.75% the biggest rise since 1995. the governor of the bank of england, andrew bailey, told the today programme why raising interest rates ....
experiences its biggest ever outbreak of avian flu. good morning from birmingham, where england are celebrating a double diving gold one for the team s teenage star at her first commonwealth games and another for the most experienced diver retaining his title. it s friday the 5th of august. our main story. a hosepipe ban will come into force in parts of southern england later today, as recent extreme temperatures and a lack of rainfall continue to put pressure on waterways and water supplies. southern water said the move, which affects the isle of wight and parts of hampshire, was a vital step . other bans will follow later in the month in kent, sussex and parts of wales. zoe conway has this report. i ve actually used the hosepipe more. frances and john are neighbours, friends, and very keen gardeners. from today, people living here near alresford in hampshire will be banned from using a hosepipe in their gardens. frances, do you think people will follow the rules? a ....
the week, but further than it looks like things will be a little bit cooler. if you look at the weather icons, not a drop of rain in sight, and that is of course bad news especially for the southern areas. so hot and dry is the story. 50 hot and dry is the story. thank ou ve so hot and dry is the story. thank you very much- that is the bbc news at six on thursday the 4th of august. you can keep up with all the latest developments on bbc website. from the six team it is goodbye but the news hello and welcome to sportsday was this the moment that geraint thomas lost the gold medal? wales s star cyclist comes up short in the time trials. it s gold number 40 for england as zoe newson shows her strength and joy in the women s pa ra powerlifting final and world champion wightman is in control once again as he eases into the 1500m final and he isn t the only athlete from the home nations to watch out for. well, what a dramatic day in the men s time trial with crashes ....
moved to a hospice. china launches several ballistic missile tests into waters around taiwan following a senior us leader s divisive visit to the island. and how disposable facemasks are blighting birdlife in 23 countries around the world. good afternoon, welcome to the bbc news channel. good afternoon, welcome to the bbc news channel. the bank of england has predicted that the uk is set to enter a recession this autumn lasting more than a year. the bank says inflation is likely to peak at 13% by december and today it has announced the largest rise in interest rates for 27 years. the 0.5% hike means that interest rates now stand at 1.75%. the move is part of attempts to curb spiralling inflation, by making borrowing more expensive and discouraging spending. but it means mortgages and loans will be more expensive for millions of people as andy verity reports. rarely has the bank of england given out an economic warning this unsettling. it s not only forecasting the worst ....
away from issues. i don t know quite how we got here away from issues. i don t know quite how we got here from away from issues. i don t know quite how we got here from planting - how we got here from planting 1 million trees! you ll get your say no matter what. i million trees! you ll get your say no matter what. 1 million trees is a huge amount of trees that could contribute to eventually soaking up the carbon dioxide in our atmosphere. rosa, again, this government are the government who are told they still aren t doing enough to tackle climate change. still a long way to go. enough to tackle climate change. still a long way to go. yeah, and we haven t heard still a long way to go. yeah, and we haven t heard a still a long way to go. yeah, and we haven t heard a great still a long way to go. yeah, and we haven t heard a great deal - still a long way to go. yeah, and we haven t heard a great deal about. haven t heard a great deal about climate haven t hear ....