and after a break of three years, glastonbury opens its gates to festivalgoers this morning. good morning for the tower of london. we are here for the super bloom display in order of the platinumjubilee. sunny, dry bloom display in order of the platinum jubilee. sunny, dry and platinumjubilee. sunny, dry and warm platinum jubilee. sunny, dry and warm foremost, platinumjubilee. sunny, dry and warm foremost, more platinum jubilee. sunny, dry and warm foremost, more clout in the north and west. it s wednesday the 22nd ofjune. our main story. the uk s rate of inflation is expected to rise once again when the latest figures are released this morning. in april, inflation rose to 9%, its highest in a0 years, as the increasing costs of energy, fuel and food continues to squeeze household budgets. our business correspondent emma simpson reports. if i haven t got the money, i can t eat. you see lots of things that are on cheap, we buy them and freeze them. definitely shopping around, l
we start here in the uk, where the bank of england has raised the cost of borrowing to its highest level in 13 years. the quarter of a percentage point rise, to 1.25%, was less than some were expecting. but financial markets are now betting uk interest rates will have to rise a lot further from here, to get control over soaring inflation. the worry is, too steep a rise in borrowing costs could tip the economy into recession. and the warning signs are already there. our economics editor faisal islam reports. on faisal islam reports. the outskirts of doncaster, a on the outskirts of doncaster, a successful business, the crown hotel, grappling with energy, food prices and wages going up at the same time that household income is being squeezed and now a relentless run of interest rate rises to hit some buyers on variable rate within hours. hit some buyers on variable rate within hours. with got a mortgage rate within hours. with got a mortgage and rate within hours. with got