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July 7, 2024
lets now get down to business. the biggest interest rate rise since 1989. thats what we are awaiting from the bank of england in just a few hours�* time as it battles to control soaring prices. the bank is widely expected to raise its benchmark rate — from 2.25% to 3% — pushing up the cost of mortgages, credit cards and loans. it comes as americas central bank — the us federal reserve — raised its main rate by three quarters of a percentage point — and warned borrowing cost...
July 7, 2024
a new climate report says temperatures in europe have been going up by more than twice the global average. with the us midterm elections fast approaching — president biden says democracy itself is on the line. # when i wake up early in the morning... and — still fab after all these years a long—awaited report is released today into the response of the emergency services to the bomb attack at the manchester arena five years ago. the report is expected to make serious criticisms of...
November 3, 2022
This is bbc news with the latest business headlines for viewers in the uk and around the world. how high will interest rates go? the bank of england poised for its biggest hike since the late �*80s — as inflation continues to bite. it comes as the us federal reserve pushes borrowing costs to a ill—year high — and warns they will keep rising. also coming up, the flight to net—zero — airbus says emission—free airliners could be here in a little over a decade. plus — winning bid! eb...