plus the crypto crash deepens. could it spell disaster for el salvador s multi million dollar gamble on bitcoin? we start in the us where the federal reserve has announced the biggest rise in borrowing costs in 28 years. the fed raised its key interest rate by three quarters of a percent and signalled more big increases are on the cards. as our correspondent michelle fleury reports, from washington, it s battling to control the worst inflation in four decades. intensifying its five figure inflation which is currently at a a0 year high reserve raised its key interest rate by three quarters of a percentage point to a range of 1.5 to one and three quarters of a percent, move that will push up borrowing costs for and company. us interest rates haven t been hiked by this much in one go since bill clinton was in the white house in 199a, the size of the mood something federal chair reflected on during his press conference. clearly the 75 basis point is an unusually large one a
a&e departments in england are causing serious harm to patients, according to a healthcare safety watchdog. landlords are to be prevented from evicting tenants without giving a reason, under government plans to make the private rental market in england fairer. one of the most significant archeological discoveries in british history sheds new light on the realities of the dark ages. a warm welcome to bbc news. downing street is under pressure to publish a letter from boris johnson s former adviser on the ministerial code, lord geidt, who resigned suddenly last night. on the ministerial code, lord geidt, the on the ministerial code, lord geidt, second ethics minister the second ethics adviser the prime minister has lost in two years. apart from a brief statement saying he was stepping down with regret , no explanation was given for the peer s departure. just two days ago, lord geidt told mps it was reasonable to suggest that borisjohnson had breached the ministerial code whe
adviser says he resigned last night because the prime minister put him in an impossible and odious position over an issue he believed would amount to a deliberate breach of the ministerial code. interest rates up again to one and a quarter per cent, the highest in more than a decade. a man confesses to killing a britishjournalist and his local guide in brazil, and leads police to where he buried the bodies. hot and getting even hotter britain s heatwave is expected to peak tomorrow with temperatures of 3a degrees celsius. an independent investigation into allegations of mistreatment in british gymnastics has found that physical and emotional abuse was systemic . the whyte review, which extends beyond 300 pages and was co commissioned by uk sport and sport england, found that gymnast well being and welfare had not been at the centre of british gymnastics culture during a 12 year period up to 2020 and that there was a coach led culture of fear. let s talk to our spor