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
the chancellor says we ve turned a corner, but is the uk now in a cul de sac? i now call the chancellor to make the autumn statement, jeremy hunt. jeremy hunt trumpets a two percentage point cut in national insurance, and an almost 2% rise in the living wage, but the uk tax burden is still the heaviest since world war ii, and growth forecasts are down, so will the cost of living crisis still be a cost of living crisis next year and the year after? nick s been out gauging reaction injeremy hunt s patch. ijust i just worry that this is a government that is running out of good ideas. government that is running out of good ideas- government that is running out of aood ideas. , ., ., , , good ideas. they are doing the best the can good ideas. they are doing the best they can under good ideas. they are doing the best they can under the good ideas. they are doing the best they can under the circumstances. l they can under the circumstances. they they can under the circumstanc
families to seekjustice. the headlines on bbc news. the bank of england raises interest rates to four per cent and says the uk may have turned a corner on inflation but warns of economic pressure ahead. an independent statutory inquiry into the 1998 0magh bombing which killed 29 people is announced by the government. michael gallagher s son aiden was 21 years old when he was killed in the attack. charges of attempted rape and assault are dropped against manchester united footballer mason greenwood after a key witnesses withdraws involvement. the acting boss of welsh rugby union, nigel walker, has told a senedd committee there had been warning signs about sexism in the wru, but the governing body had been in denial . a bbc investigation last week
this is bbc news. i m reeta chakrabarti. the headlines at 5pm: the bank of england raises interest rates to 4%, and says the uk may have turned a corner on inflation. but it warns of economic pressure had. ~ ~ ., ., , ., ., had. we think inflation is going to come down had. we think inflation is going to come down rapidly, had. we think inflation is going to come down rapidly, and had. we think inflation is going to come down rapidly, and a - had. we think inflation is going to come down rapidly, and a lot - had. we think inflation is going to come down rapidly, and a lot of. had. we think inflation is going to i come down rapidly, and a lot of that is because of energy prices. but there is a lot of risk out there that it may not happen in that way. an independent statutory inquiry into the 1998 omagh bombing, which killed 29 people, is announced by the government. michael gallagher s son aiden was 21 years old when he was killed in the attack. it s been 25 years of struggle, a
a corner on inflation but warns of economic pressure ahead. an independent statutory inquiry into the 1998 0magh bombing, which killed 29 people, is announced by the government. michael gallagher s son aiden was 21 years old when he was killed in the attack. 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 pounds the highest in its 115 year history good evening everyone. charges of rape and assault have been dropped against manchester united player mason greenwood. the 21 year old had been due to face trial in november over allegations of attempted rape, assault and controlling and coercive behaviour, which he denied. the crown prosecution service said the charges were discontinued after a key witness withdrew their involvement. greater manchester police said it was only fair to announce greenwood would no longer fac