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Thatis is worth it to grow the economy, that is a gamble, and economically it is a gamble as well. many economists are not certain that all that this will work in its objective of achieving long—term economic growth. so the arguments you are going to hear over the next few weeks about this plan or whether the government has got its priorities right and its policies right. 0pposition parties say no, you should raise the money in other ways and focus your interventions in different ways. the biggest question of all that the government in the country is now facing, is this going to work? . ~ co...

Raised the base rate to 1.75%. by midday we expect it to go further, it could go up by three quarters of a percent to 2.5% which would have an impact on people with tracker mortgages or anyone renegotiating a mortgages or anyone renegotiating a mortgage but it is also used by high—street banks and lenders when they work out what to charge for credit cards other loans. the bank of encland credit cards other loans. the bank of england is _ credit cards other loans. the bank of england is trying _ credit cards other loans. the bank of england is trying to _ credit cards other loans. the bank of...

We've been expecting interest rates to rise. interest rates have been rising, and they're expected to go up again today. we'll get an announcement on that from the bank of england at midday. hannah's here with more. this will focus peoples minds today. yes, difficult news for people already— yes, difficult news for people already struggling. yes, a lot of you might be wondering why the bank of england is putting up interest rates, when people are already feeling the cost of living pressures. well the answer to that is inflation — currently at 9.9%. that means an item that cost £100 a year...

That is why the uk will spend 3% of gdp on defence by 2030, maintaining our position as the leading security actor in europe. the ban on fracking in the uk could be lifted under government plans to stimulate the shale gas industry. fracking has been suspended since 2019 following concerns that the extraction process can cause earthquakes. a review into the level of seismic activity allowed at sites is expected to be published today. the bank of england is expected to announce another big rise in interest rates today. last month's half a percentage point increase, the largest for 27 years, took...

The bank of england hopes it will help bring down inflation, which is the pace at which prices rise. inflation is currently at its highest level for nearly 40 years. the bank also forecast that the economy is already in recession. in a separate announcement, the government has announced it's reversing the 1.25 rise in national insurance planned for november. here's our economics correspondent, andrew verity. in st albans in hertfordshire, house prices have long been out of reach for most young people growing up here, even when lenders were offering the cheapest mortgage rates ever seen. now, a...