Enable superfast travel on earth and itaims to enable superfast travel on earth and it aims to start sending people to mars in 202a. Good morning and welcome to radio one. It has been soundtracks of the 60s, were celebrating 50 years of bbc radio one. And your views about our News Coverage the governor of the bank of england, mark carney, has given his clearest indication yet that Interest Rates could rise this autumn for the first time in a decade. The base rate was cut to the Current Record low of a quarter of one percent, after the eu referendum. Since then, the bank has since been under mounting pressure to raise rates to help curb inflation. Great for borrowers, miserable for savers. Interest rates are at their lowest level since the bank of england was founded over 300 years ago. But today, the governor of the bank sent the strongest signal yet that that might be about to change. What we have said is that if the economy continues on the track that it has been on, and all indications are that it is, in the relatively near term we can expect that Interest Rates would increase somewhat. The last time rates went up was more than ten years ago, in 2007. Many younger borrowers have never experienced one, but if it happens, what impact will it have . The most obvious one will be on the 11 million homeowners who have variable rate or tracker mortgages. Those borrowers have an average outstanding mortgage of £116,000. A quarter point rise would mean an increase of £15 in monthly mortgage payments. Im not very happy about it because of my mortgage. Im not on a fixed mortgage. It would be great to get more interest on my savings. Why, after a decade of downward moves, is now the right time to reverse direction . This is a time when the economy is pretty strong, especially as unemployment is pretty low, so there is a good chance inflationary pressures are growing from that side. Also, inflation is above target, so it is a good time to raise rates from the extremely low level where they have been. Consumer debt is also worrying the bank, having grown to over £200 billion over the last year, the highest level since the crisis. These superlow Interest Rates have made it cheaper for us to borrow and spend, but that spending can push up inflation, which is already higher than the bank would like. So perhaps time for an adjustment. There are also those in the bank who think it is not a bad idea to have a bit of room between us and zero to give them more options in the future. Celebrating 20 years of independence from government, the governor of the bank of england said there were limits to its power. The biggest determinants of the uks medium term prosperity will be the countrys new relationship with the eu and the series of reforms that relationship catalyses. Most of the necessary adjustments are real in nature and therefore not in monetary policymakers. In english, that means politicians are in the Economic Driving seat now. Only two of nine rate setters voted for a rise last month, so it is not a done deal, but it is worth bracing ourselves for the first increase in a decade. Simon jack, bbc news. Some breaking news regarding teachers pay impossible increases. The 1 cap on teachers pay rises in england could be lifted after instructions from the treasury to the teachers pay review body. It says that more flexibility is needed in areas where there is a skills shortage. The independent pay review body has won for the last two years that it body has won for the last two years thatitis body has won for the last two years that it is increasingly difficult to recruit regiments into teaching in some subjects. Previously, there is beamed as 1 average cap in line with other Public Sector pay but the chief secretary to the treasury, liz truss, said that well paid discipline is needed, Public Sector workers need to have the filling jobs that are barely fairly rewarded. Ukip have announced their new leader. He secured only 30 of the vote from the party s members. You will be the fourth leader of ukip in under a year. At the partys annual conference he set out what he believed the partys future direction should be. Today is not only a crucial day for a party. It is a critical day for our country. And weve already heard today from a number of speakers of the importance of holding the government to task for the delivery 0n that mandate that they were given on the 23rd ofjune last which so far they have failed to deliver anything on. Ladies and gentlemen, brexit is our core task. Applause however, it is not the end of the line. When we leave the European Union, that is not the end of the story. Were leaving the European Union because we as a nation wants to have that right of self determination. We want to be responsible for our own destiny. Not having decided in a foreign capital. Applause will want to do that so we can be a prosperous nation, a globally outward looking trading nation. Basic sure nation, a nation that can protect its own way of life, its own culture and its own environment in every respect. We want to be a confident and optimistic nation and we wa nt confident and optimistic nation and we want to be a nation that is proud to be called cheshire. British. While brexit is our core task but that greater goal which is on going beyond the time that we leave the European Union, that is our core purpose. Any bold, the new leader of ukip. It was designed to transform the benefits system, making it simpler, and encourage people into work. But universal credit, which combines six benefits into one, has been strongly criticised by a former top government adviser. Dame louise casey, who was head of the governments troubled families unit, has told the bbc that the way its being implemented made her hair stand on end. She says claimants could be left in dire circumstances, waiting weeks for their benefits. 0ur social Affairs CorrespondentMichael Buchanan reports now from Great Yarmouth, one of the pilot areas for the new scheme. There are still some tourists in Great Yarmouth but as the Summer SeasonGreat Yarmouth but as the Summer Season closes, the cracks in the towns charm become more obvious. Pa rt towns charm become more obvious. Part of the seaside resort are among the most deprived areas in england. The Perfect Place therefore to test the biggest welfare change in decades. The localjob centre has been delivering universal credit for almost 18 months. This woman, an unemployed carer, applied two weeks ago. Progress payment is due in a month. How much money do you have . Nothing. They give you a meal at the local butchers in the high street for a small donation. It brings together six benefits into one monthly payment. Claimants usually have to wait six weeks for the first payment. Any benefits they already get stopped once claim is lodged. Ive beenin stopped once claim is lodged. Ive been in debt with event forever. Since it started, yes. This woman wrapped up hundreds of pounds of debt, rent arrears and utility bills, during the six weeks she was waiting for money. I hate being in debt and i dont like debt. And it ruined your life, you know. It spirals out of control so you know. It spirals out of control so fast when you are in debt and having to go to food banks. They we re having to go to food banks. They were a godsend and they were brilliant, but it was only what . Six months ago that i was giving stuff to this food banks myself. Great yarmouth is one of the first basis to feel the full effect of universal credit. The fear is that some of the problems that have emerged in debt, increased use of food banks, will appear in other places as well. As the benefit is rolled out across the country. By rolled out across the country. By some landlords here, time has run out for their tenants. The rising rent arrears theyd seen since ruud universal credit started has caused them to take drastic action. Evictions have gone through the roof. Ive personally served more repossession notices in the last 18 months and i have in the last 25 years. And have a vacancy, i will be asking the person who calls me, how do you intend to pay the rent . If it is via universal credit then the answer will be no. Ata answer will be no. At a small soup kitchen, the homeless gather for some free food. Kelly is here making herfor penn stretch as far as possible. Another grateful mouth is gary, a man who says he is homeless due to universal credit. That is weve got here now. As we head down towards his teddy says he has been turned down by 58 private landlords. Since ive gone to meet them and saidi since ive gone to meet them and said i am on universal credit it is a no. They have got no room. That happens but then they dont have rooms. If you tell them on the phone that on universal credit, what do they say . They hang up pretty much. They hang up pretty much. The payment would cover any rent. This is where i live. The problem is the benefit is causing Great Yarmouth means that for now this is home. Yarmouth means that for now this is home. Were joined werejoined by a professor of social policy at Brunel University london. Thank you very much for joining us this evening. What are the drivers for pressing ahead with universal credit, giving the warning that Dame Louise Casey has made . I should say i have also a professor of citizen participation at the. I think it is very complex because the arguments we have heard from governments, successive governments, have been that the sort of shift, the sort of welfare reform will improve efficiency and be Cost Effective and i think that has really stemmed from the notion that with modern technology, with electronic technology, we can simplify benefits. We can do this with computers, to the internet in a way we could never thought of before. But the problem with benefits is that everyone is different. Everyones circumstances are different. And that means you need a system that is actually complex and i am afraid that perhaps we as human beings have fantasised too much about the potential of technology, modern technology. 0n top of all that, you have to add all the ideological and other issues which unfortunately have come to surround issues of benefits and people receiving them. Given the technological problems that we face and the fact that there are so many that we face and the fact that there are so many unique stories in the benefit system, it is a flawed idea, fundamentally . I think we have seen that with lots of atte m pts i think we have seen that with lots of attempts to simpler by technology. Having one Global Information system for the National Health service. But it is only part of the issue. The infected expectation of modern technology is only part of it. We have to be honest about this. There are also some ideological imperatives working here and political imperatives. There is an offence that too many people have been receiving too much on the way of benefits and this needs to be challenged. Now, the evidence does not really indicate thatis evidence does not really indicate that is the case. Inevitable of a Serious Research is carried find that the amount of money that is not being claimed, which should rightfully be claim, always outweighs the amount of money that people, some people, because were all human and inevitable for people some people dont play by the rules, the money that is illicitly and inappropriately attained out of the welfare benefit system. And i am afraid only tend to get made when it isissues afraid only tend to get made when it is issues around people been as behaving inappropriately in relation to the system rather than the many people, particularly older people, who failed to claim money which is actually meant to be theirs by right. What is the evidence if you withdraw benefits from people or reduce them . Theyre more likely to go out and seek work . I think the evidence is very poor. I had a background myself as a Mental Health service user. I am involved ina Health Service user. I am involved in a National Service code shaping oui in a National Service code shaping our lives. We convened a meeting we we re our lives. We convened a meeting we were talking particularly then to people who were disabled, who were either receiving benefits or needing to be in employment. In one of the m essa 9 es we to be in employment. In one of the messages we got very powerfully from them was the failure of the systems we had in place to support people like them to be able to get in employment. So there is actually an issue here also of the inadequacy of oui issue here also of the inadequacy of our support systems to make it more possible for people to getjobs who actually might be able to do them and wants to. But i want to highlight, focus, Something Else which i think is very important especially having listened to some of the programme. Were hearing about the reluctance of landlords offer accommodation to people on benefits because they feel they may not then be paid. As you know and as we have heard, this new system means that people no longer receive housing benefits from local authorities but instead the benefits would go directly to. The system demands that people have the data to prove and an up to date tenancy agreement and the proof that they are paying their rent. That may be more possible if you are a council te na nt more possible if you are a Council Tenant but if you are in the private market, actually a number of landlords are not that keen to provide such information. Especially, as we know the lower end of the market, there are landlords who are not paying taxes, accommodation, there are liable to subletting illicitly. There are also landlords unfortunately who are illegally overcrowding accommodation. None of these groups wa nt to accommodation. None of these groups want to make it clear when the page what they are doing and so the problem is actually more extensive than some landlords distrust of the system and of tenants, although this system and of tenants, although this system is not working well. As you say, immensely complex. Thank you very much for talking to us. We asked the department for work and pensions tory minister interview and they directed us to the words of a committee member, the mp for brentwood. Speaking on bbcs radio 4 he said. The cover of the bank of england gives his clearest signal yet that Interest Rates are set to rise for the first time in ten years. Ukip has elected a new leader. A former army officer and one time liberal democrat parliamentary candidate, henry bolton. The government is urged to halt the roll out of the universal credit benefit system among mornings families could be left homeless and destitute. Three former executives at tesco trial. Three former executives at tesco have gone on trial, charged in connection with false accounting which overstated the supermarkets profits by £250 million. Prosecutors allege they were involved in cooking the books, in a scandal that wiped £2 billion off the companys share price. All three men deny the charges. From Southwark Crown court, emma simpson reports. Chris bush in the open neck shirt. The former md of tesco uk. The court was told he was a dishonest executive who massaged the figures and misled the stock market. So too, it is alleged, did this man. The former uk finance director. Along with this man, who used to be tescos uk commercial director. The prosecution said. The case centres on tescos accounts for the first half of 2014. Challenging times. On august 29, tesco on august the 29th, tesco announced a shock profits warning to the stock market. A statement which should have been true and fair. But on september 19, an internal report reveals the figures have been exaggerated. An internal report reveals the figures have been exaggerated. The court heard it was like a hand grenade been thrown into the company. On september 22, tesco tells the city that its profits forecast has been overstated by £250 million, wiping several billion pounds off the value of the company. The court heard how employees felt under great pressure, with aggressive and unrealistic sales targets, and during that summer it is alleged the defendants knew the hole in the accounts was getting bigger. The gap between what was being recorded in income, and what was actually being earned, a problem spiralling out of control. Some individuals felt so compromised by what they were being asked to do that they resigned rather than being involved. Leaving court tonight, all three men denied the charges, in a case that is expected to last three months. Emma simpson, bbc news, Southwark Crown court. Cheshire police said a a0 three rd manners been arrested on suspicion of murder. Lets get more from our correspondent who is in leeds. Tell us more correspondent who is in leeds. Tell us more about this discovery. The body of a 39 year old woman in the lake in that park. They believe that 39 year old woman is leanne mccarry. She is a mother of three Young Children who was a serving officer with the Greater Manchester police force but because this discovery was made in cheshire at a Cheshire Police detectives that are investigating the suspicious death that they have arrested a a3 year old man who is also from them so one suspicion of murder. They are saying they are not looking for anyone else in connection with this. They are describing it as an isolated incident. Weve had a statement from Cheshire Police. From the detective inspectors said investigations into her death currently ongoing and we are working ha rd to currently ongoing and we are working hard to establish the full circumstances surrounding the incident. We are aware of a number of rumours