if you have just joined if you havejustjoined us it is time for the top business stories. we start here in the uk where in the next few hours the bank of england is widely expected to raise the cost of borrowing for the twelfth time in a row. the quarter percent rise most economists are predicting would take the bank s main interest rate to 4.5% the highest it has been in almost 15 years. the big question though will it be enough to start to get inflation, which is still running at more than 10% a year, under control? let s speak to katharine neiss she has held various roles at the bank of england and is now chief european economist at p gim fixed income. good to have you on the programme. iassume good to have you on the programme. i assume you are with the majority believe we are looking at a rate hike today of another 25 basis points. today of another 25 basis oints. . , today of another 25 basis oints. . , ., , points. that s right, that s the consensus p
be here at windsor later for a star studded coronation concert, featuring the likes of katy perry and take that. featuring the likes of katy perry and take that. ,., ., ., ., and take that. good morning. i am roaer and take that. good morning. i am rogerjohnson and take that. good morning. i am rogerjohnson insulted and take that. good morning. i am rogerjohnson insulted with - and take that. good morning. i am rogerjohnson insulted with the - and take that. good morning. i am| rogerjohnson insulted with the rest rogerjohnson insulted with the rest of the morning s news. rishi sunak will be hosting coronation celebrations in downing street today as his party assesses how to deal with this week s bruising local election results. with this week s bruising local election results. eurovision fever is buildin: election results. eurovision fever is building in election results. eurovision fever is building in liverpool election results. eurovision fever is building in live
16 countries take the stage in liverpool later for the second semifinal. sticking with the eurovision theme, we are in liverpool at the shopping centre right in the heart of liverpool, surrounded by these beautiful eggs, i will tell you about them later on. the bank of england is expected to raise interest rates again today to 4.5%, the highest level in 15 years. it will be the 12th consecutive hike since december 2021, meaning mortgage payments could rise further for millions of customers. our business correspondent hannah miller reports. this is the first home gheev has owned, bought with his girlfriend two months ago. but since they agreed their mortgage, the monthly payments have gone up twice in line with the base rate of interest set by the bank of england. when we were coming to find a mortgage, the fixed rates were astronomically high. we figured that if the bank of england base rate goes up by another two or three percentage points, we re actually better off staying
fans from around the world here. including many ukrainians living in the uk ukraine is very much in focus because it was supposed to be held in ukraine and there are so many signpost to ukrainian culture all over the city. i spoke to one mother and daughter who came here from dnipro after the war started. i asked them how excited they are. i really wanted to see a lot here because it is very nice and exciting and i m very happy. teili because it is very nice and exciting and i m very happy- and i m very happy. tell me a bit about the and i m very happy. tell me a bit about the fact and i m very happy. tell me a bit about the fact ukraine and i m very happy. tell me a bit about the fact ukraine one - and i m very happy. tell me a bit about the fact ukraine one this i and i m very happy. tell me a bit i about the fact ukraine one this year and it is being hosted here and i get a very strong sense of ukraine everywhere walk in the city, do get that too? , . ., , ., that t
city. gibbon deeney is an italian football journalist. football “ournalist. i think simone inzauhi football journalist. i think simone inzaghi might football journalist. i think simone inzaghi might have football journalist. i think simone inzaghi might have sussed - football journalist. i think simone inzaghi might have sussed this i football journalist. i think simone | inzaghi might have sussed this out about milan that they have a slow start sometimes because in this supercopa game injanuary in riyadh which into milan won 3 0 there scored twice in the first 20 minutes and i think it was a deliberate strategy in this game to have that started the game, the atmosphere was so loud and so intimidating at san siro last night that even though it is also into milan s home ground, as the away team they were so outnumbered, i think the manager knew that if you puncture that, managed to burst that bubble and take the energy out of the stadium it could really change the tie and