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interest rates are expected to rise sharply today, as the bank of england attempts to tackle soaring prices. the bank is expected to increase its base rate by three quarters of a percentage point from 2.25% to 3%. that would be its eighth consecutive increase since december, pushing the rate to its highest level for m years. it would also mark the biggest single increase since 1989, and could have a big impact on the cost of living and peoples finances. our correspondent navtej johal h...

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In terms of what weve also had overnight about some migrants being dumped in the centre of london, there are a lot of questions about what is actually happening on the ground. also theyre bigger, wider question about how you sell this policy wise. question about how you sell this policy wise-— question about how you sell this oli wise. ., , , policy wise. that is right. in terms ofthe policy wise. that is right. in terms of the situation _ policy wise. that is right. in terms of the situation ...

Understand whats happening tonight, since bp isnt doing it real time, chad myers joins us. chad, what do we know about whats going on right now? >> we know the oil you see coming out that picture right now is not coming out of the top of the new cap. that oil is coming out from a different valve, a different hole in the top of the cap. its still the cap, but they have now shut off with the valve the main flow. now, that may seem irrelevant, but its not irrelevant, because now with this new plume...

Understand whats happening tonight, since bp isnt doing it, chad myers joins us. what do we know about whats going on right now? >> we know the oil coming out of that picture right now is not coming out of the top of the new cap. that oil is coming out from a different valve, a different hole in the top of the cap. its still the cap, but they have now shut off with the valve the main flow. now, that may seem irrelevant, but its not, because now with this new plume of oil, which looks like smoke,...

Its still the cap, but they have now shut off with the valve the main flow. now, that may seem irrelevant, but its not irrelevant, because now with this new plume of oil, which looks like smoke, you can now turn the valve slowly enough to bring up the pressure to the blowout preventer, which is below it, and also, of course, that stack that goes all the way down in the drill hole that goes all the way down to the bottom of the ocean, and then another 12,000 to 14,000 feet below that. as they bri...