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Offshore wind turbines have come into operation in the past year. now to interest rates. we saw that move in the us from the federal reserve last week well today in the uk the bank of england did the same. they've raised rates by a quater of 1% from 4.25 to 4.5%. that means they are now at their highest level for almost 15 years. the uk is affected by prices rising across the globe other countries are taking a similar approach, and have also been raising interest rates. and here is the inflation rate a stubbornly high 10.1% in march this year. mohamed el erian is the president of queens�* co...

As far as previously thought. last month inflation slowed to 10.1% but that figure is still way above the bank of england's target. remember that target isjust bank of england's target. remember that target is just 2%. it is proving to be pretty sticky in the words of some market watchers. jane foley, head of fx strategy, rabobank. i hope you can hear me because that picture looks frozen. talk to me about what we have heard today, not wholly unexpected but nonetheless interest rates on the way up to trying to tame inflation.- trying to tame inflation. yeah, absolutely- — trying to tame infla...

For almost 15 years. the uk is affected by prices rising across the globe — other countries are taking a similar approach, and have also been raising interest rates. and here is the inflation rate, a stubbornly high 10.1% in march this year. here's the uk chancellor 0ur economics editor, faisal islam, has been speaking to the governor of the bank of england, andrew bailey, and asked whether this shows we're through the worst of this crisis period in the economy now. i'll give you a balance answer to that. we'd still get to see inflation calmed down, that's crucial. we believe it will start t...

Cables under london. but this vast national rewiring project will take years to complete. that means lots of new uk renewable plants will have to wait before they can deliver clean power to our homes. justin rowlatt, bbc news. now — to interest rates. we saw that move in the us from the federal reserve last week — well today in the uk the bank of england did the same. they've raised rates by a quarter of 1% — from 4.25 to 4.5 %. that means they are now at their highest level for almost 15 years. the uk is affected by prices rising across the globe. other countries are taking a similar ap...

Offer to teachers, as thousands of members of the national education union in england stage another strike. all the education unions have rejected the offer, and say they'll ballot for more walkouts. 0ur correspondent louisa pilbeam sent this update from outside the department of education in central london. the teachers, thousands of teachers who were here early in the department for education of moved on to downing street where they admit their demands clear and they want a bad inflation pay rise. currently sitting at 10.1% by the government, they have actually given them an offer which they...