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Transcripts For BBCNEWS BBC 20240706

4.5%. risen by a quarter of a percent, that is from our economics editor, faisal islam, who has tweeted that. just getting that information in that, as expected, interest rates in the uk are now at 4.5%, up from 4.25%, a quarter rate rise. 0ur cost of living correspondent is watching these developments for us, kevin, news that will impact on so many people s lives for their mortgages and make life just that bit more difficult as they have seen those rate rises so many times, for the 13th time in a row? it many times, for the 13th time in a row? , ., . many times, for the 13th time in a row? ,., ,, many times, for the 13th time in a row? , ,,, row? it is not a surprise, but clearly the row? it is not a surprise, but clearly the impact row? it is not a surprise, but clearly the impact is - row? it is not a surprise, but clearly the impact is still - row? it is not a surprise, but| clearly the impact is still very real. it will make borrowing more expensive for many, many pe

Transcripts For BBCNEWS BBC 20240706

welcome. let me start with the situation welcome. let me start with the situation as we see it on the outlook situation as we see it on the outlook for the economy. the outlook for growth outlook for the economy. the outlook for growth and unemployment has improved~ for growth and unemployment has improved. six months ago we expected a shallow improved. six months ago we expected a shallow but long recession. since then energy prices have fallen substantially and economic activity is holding substantially and economic activity is holding up better than expected. so today is holding up better than expected. so today we forecast modest but not positive so today we forecast modest but not positive growth and a much smaller increase positive growth and a much smaller increase in positive growth and a much smaller increase in unemployment. we think inflation increase in unemployment. we think inflation will fall quite sharply over inflation will fall quite shar

Transcripts For BBCNEWS BBC News 20240707

photograph of footballers and their girlfriends of the world cup. she was giving evidence in her high court libel trial against rooney. the first picture of the enormous black hole at the centre of our galaxy and the passenger with no flying experience match to land the plane after the pilot passed out. the metropolitan police have issued more than 50 new fines for breaches of covid rules in downing street and other government buildings. these fixed penalty notices are in addition to more than 50 handed out last month, including to borisjohnson and chancellor rishi sunak. neither mrjohnson nor his wife carriejohnson are among those to be fined this time. our political correspondent ben wright reports. are you shocked at the scale of lawbreaking in number ten, prime minister? how could you let that happen under your watch? the fallout from whitehall rule breaking has followed the prime minister to stoke. for a cabinet away day also attended by the uk s top civil servant, simon

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