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BBCNEWS BBC News June 4, 2024 15:17:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 15:17:00

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...

BBCNEWS The Context June 4, 2024 19:51:00 - Vimarsana News

BBCNEWS The Context June 4, 2024 19:51:00

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...

BBCNEWS Newsday June 4, 2024 22:19:00 - Vimarsana News

BBCNEWS Newsday June 4, 2024 22:19:00

Some of the stories in the headlines in the uk.... higher food prices, for longer. that's the warning from the bank of england as it raises interest rates for the 12th time in a row. rates rose from 4.25% to 4.5% — the highest in almost 15 years. the bank has been rapidly raising rates to try to slow the sharp rise in the cost of living. the closure of the only nhs gender clinic for children in england and wales has been delayed to march 2024, a year later than first planned. based in the tavistock centre in london, it will be replaced by two regional hubs, but will continue providing care f...

BBCNEWS Breakfast June 4, 2024 07:03:00 - Vimarsana News

BBCNEWS Breakfast June 4, 2024 07:03:00

When you hear that the bank of england base rate is likely to go up again today, how do you feel about that? it's frustrating and, you know, you can get frustrated by it, but you just can't let it dwell. the base rate is currently set at 4.25%. if it goes up to 4.5% later today, that will be the 12th time in a row that it's increased, affecting 1.4 million people with a variable mortgage and nearly two million who are set to take out a new mortgage this year. the bank of england estimates that people on fixed rate mortgages who need to renegotiate this year will find themselves paying around Â...

BBCNEWS Breakfast June 4, 2024 06:02:00 - Vimarsana News

BBCNEWS Breakfast June 4, 2024 06:02:00

To raise interest rates again today to 4.5%, the highest level in 15 years. it will be the 12th consecutive hike since december 2021, meaning mortgage payments could rise further for millions of customers. here's hannah with the details. hi, i'm hannah. hi, guive, nice to meet you. come on in. this is the first home guive has owned, bought with his girlfriend two months ago. but since they agreed their mortgage, the monthly payments have gone up twice in line with the base rate of interest set by the bank of england. when we were coming to find a mortgage, the fixed rates were astronomically h...