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Transcripts For BBCNEWS BBC 20240706

4.5%. risen by a quarter of a percent, that is from our economics editor, faisal islam, who has tweeted that. just getting that information in that, as expected, interest rates in the uk are now at 4.5%, up from 4.25%, a quarter rate rise. 0ur cost of living correspondent is watching these developments for us, kevin, news that will impact on so many people s lives for their mortgages and make life just that bit more difficult as they have seen those rate rises so many times, for the 13th time in a row? it many times, for the 13th time in a row? , ., . many times, for the 13th time in a row? ,., ,, many times, for the 13th time in a row? , ,,, row? it is not a surprise, but clearly the row? it is not a surprise, but clearly the impact row? it is not a surprise, but clearly the impact is - row? it is not a surprise, but clearly the impact is still - row? it is not a surprise, but| clearly the impact is still very real. it will make borrowing more expensive for many, many pe

Transcripts for BBCNEWS BBC News 20240604 11:08:00

markets, but who knows what geopolitics russia and ukraine could throughout. we put this onto a giant mix, and my impression is that we have had this 12th rise. this is not a case of 12 and out. perhaps it goes further because inflation is not yet under control. there are fears it has become embedded, and there is fears in the uk context that it there is fears in the uk context thatitis there is fears in the uk context that it is a little stickier than it is elsewhere. the bank leaving their options open, leaving the weapon loaded for further rate rises in the future, at least one injune. loaded for further rate rises in the future, at least one in june. thank ou ve future, at least one in june. thank you very much- future, at least one in june. thank you very much. let s future, at least one in june. thank you very much. let s go future, at least one in june. thank you very much. let s go back - future, at least one in june. thank you very much. let s go back to i future, at lea

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