and the rate of core inflation which strips out volatile items like food and fuel is actually going up. rising interest rates are piling the pressure on millions of mortgage borrowers here in the uk who are facing steep rises in monthly bills. the bbc has been hearing from some of them. rebecca from greater manchester, craig in cambridgeshire, and rose who lives in hampshire. just three homeowners out of hundreds of thousands of people facing a huge rise in their mortgage costs over the coming months. at this moment in time, at the end ofjune, i will make my final payment of £434 when my current deal ends, and thereafter i have been told to expect my payments will be over £1,800. i m currently paying £560 a month. at the end ofjuly, it will go on to variable and it will go up to £1,200 a month. 0ur mortgage has gone up by over £2,200 a year. - it s a huge impact on our- expenditure and has an impact on the family as a whole. rose has already been cutting costs on
think is a mistake. i believe in it so that we are going to get there but we are going to get there in decades and not overnight. between now and then we are still going to need oil and gas and if we had got supplies in the uk it seems to me absurd not to use those because it will create jobs and also nick improves our energy security and reduces inflation. we have seen what happens when energy dictators hold us to ransom, so cutting off our own supplies of energy seems short sighted policy and it would the situation worse. on public sector pay, low value public sector workers, they do an incredible job, the nhs or the teachers, for example, and of course everyone would like to be paid more, but i have got to be cognisant of what we can afford and what is responsible and it would be dishonest to say, i m going to borrow money so i can give you a generous pay rise and make my life easier for a give you a generous pay rise and make my life easierfor a bit but knowing full well
three hours of breaking stories, and checking out the truth behind them. let s start with that massive hunt for the missing submersible in the north atlantic which is now in a critical phase. fears are growing for the five people onboard the missing vessel, which lost contact, during a descent to the wreck of the titanic. it s thought the oxygen supply on board may have run out. but the us coast guard insists it remains focused on finding the crew alive. we were told they were certain the crew would have slows their consumption of oxygen, extending the time available for the rescue. the search area has been doubled in size, and a french ship with a robot that can reach the sea bed is on site. live now to boston where sumi somaskanda has been following the story hello matthew. that is right. this is a massive search, and you have to understand that the ships and aircraft on site at the moment are scarring an area of around 10,000 square miles. they are also trying to loo
Our integrated review anticipated this and talked about the increasing competition from state based threats and identified these things, but as i said, what is new is the pace and intensity of where we arent seeing these threats emerge, and i commend to everyone the Chatham House speech which talked about this as well where we are seeing these threats. Asjens stoltenberg highlighted, the interconnectedness when you have state supporting each other and working together, that is what we have to recognise has changed. That is why it is important we make the investment and make it now and i believe it is the right thing to do. What was your second question . Inaudible that is the main thing, but the one thing i would point out, because we have been talking a lot about it, we should approach the question from a position of strength and confidence. Ukraine is a good example of that. If you think back a couple of years, and im sure this would be echoed by jens, Special Operation undertook by
it will go on to variable and it will go up to £1,200 a month. 0ur mortgage has gone up by over £2,200 a year. - it s a huge impact on our- expenditure and has an impact on the family as a whole. rose has already been cutting costs on day to day activities and even some essentials to try and cope. the impacts are huge. so we are having to cut down on how much i spend a week on food. i m having to plan my meals that i cook for the children. i m trying to cut down on day trips because of the cost of fuel going up, as well. i m trying to. i m also currently looking at getting another part timejob alongside my currentjob in order to bring in more money to pay for the bills. rebecca, too, has already had to cut back on her outgoings after her husband who was the main