an emotional appeal to the public from the family of nicola bulley to help find her. and a warning that mammals such as foxes and otters are contracting avian flu after eating dead birds. and coming up on the bbc news channel: the countdown is on to the six nations, as england s new coach steve borthwick goes for a more youthful side. good evening and welcome to the bbc news at six. the bank of england has rasied interest rates to 4%, their highest level for m years, as it continues its attempts to curb soaring inflation. the latest rise, the tenth in a row, will mean higher mortgage payments for homeowners with a typical tracker mortgage. but people with savings should benefit. the bank also said that the uk is set to enter recession this year though it could be shorter than was previously forecast. and it also predicted a significant fall in inflation by the end of this year. our economics editor, faisal islam, has all the details. sophie, rates have been raised consistentl
we still, of course, work out the detail of the inquiry, but we are still. it is still sinking in, to be honest. charges of attempted rape and assault are dropped against manchester united footballer mason greenwood, after a key witnesses withdraws involvement. the oil giant shell reports record annual profits of £32 billion the highest in its 115 year history. and a watchdog urges landlords to act now after tens of thousands of homes were found to have serious damp and mould issues. good afternoon and welcome to bbc news. the bank of england has raised interest rates from 3.5 to 4% their highest level since 2008. the increase will leave millions of households facing higher mortgages at a time when many are already struggling with energy and food bills. the bank also says the uk will enter recession, but it won t be as severe as they predicted last year. the governor of the bank of england, andrew bailey, has been speaking with our economics editor, faisal islam. we th
welcome to the programme. there are tentative signs that inflation is coming under control, and the recession forecast last year will be shallower and shorter than expected. butjust to make sure, the central banks are raising the interest rates again. yesterday it was the fed, today the bank of england increased the base rate, half a point, to 4% the highest it has been in m years. we think inflation will come down rapidly, and a lot of that is down to energy prices, which have fallen rapidly. but i m afraid there are big risks out there which mean that it may not happen in that way. yet we re still seeing stronger pressure from price and wage setting in the economy in the question is, will that start to ease off? coinciding with the bank s decision came a profit announcement from shell and a rather blunt illustration of why we re all getting poorer. the oil and gas giant has reaped profits of £40 billion last year. the taxman has reaped far less. shell said it paid $1
about the political direction of the government during what she described as a tumultuous time. well, that development means that liz truss has now lost two very senior members of her cabinet injust a now lost two very senior members of her cabinet in just a few days. following the sacking of kwasi kwarteng as her chancellor of the exchequer. what an extraordinary few daysin exchequer. what an extraordinary few days in prime minister s questions, in the commons a little bit early on. liz truss said she is a fighter and not a quitter, but she is under more pressure than ever now. and this is the scene, you can see it in downing street. we may be hearing from the new home secretary, grant shapps, he was a supporter of rishi sunak who lost the tory leadership to liz truss. it is interesting now that liz truss is bringing people from that wing of the party, the rishi sunak wing of the party, if you want to call it that into the top echelons of her government. let s talk to our po