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Quite simply they are doing this because of inflation and the rate of Price Increases and the International Comparisons are clear, although inflation is falling, in the uk it is not falling by as much or down to as low a level as it is elsewhere in europe in the us, and the us, and the bank has been talking up food prices and the amount we pay for services and the speed that wholesale, lower wholesale prices are being passed through the supply chain to us. The bank talked about crystallising risks, essentially the fear that when it comes to private sector wage growth, rings might be becoming e...

Higher savings for some. In the last half an hour, weve had this reaction to the rate rise from the chancellor, jeremy hunt. Well, of course any rise in Interest Rates is a worry for families with mortgages, for businesses with loans. But underneath that decision is a forecast that says that this time next year, inflation will be 2. 8 and we will have avoided recession. What the Bank Of England governor is saying is that we have a plan that is bringing down Inflation Lay solidly, robustly and consistently. So the plan is working but what we have to do as a government is make sure we stick to t...

Courtroom today. I know its still wednesday where you are, but of course thursday, he will appear. But of course thursday, he will a ear. ~ � , but of course thursday, he will auearr � , appear. Were ust about technically appear. Were just about technically thursday. Appear. Were just about | technically thursday. The apartment midnight here in washington, so yes for us, but later. The clock went midnight. Donald trump is expected to appear in person. That might not surprise you because in previous cases, hes wanted to be seen turning up at court. Hes wanted to be there in the public spotl...

Growing at a slower rate for the past two months, but inflation remains at nearly 8 , four times higher than the official target. Hannah miller has this report. For father of two peter, sorting out the Family Finances is proving hard. He and his wife bought their first home using the help to buy scheme. But when their mortgage comes up for renewal early next year, theyll have to find an extra £750 a month in repayments. Somehow were supposed to spend less and find £750 extra a month to pay for that. So, you know, for many families, its a terrifying situation. If you have young families like ...

Mortgages and loans payments for many people in the uk but it should also mean higher savings for some. The chancellor, jeremy hunt, says the governments plan to bring down inflation is on track. Well, of course any rise in Interest Rates is a worry for families with mortgages, for businesses with loans. Its tough news for any family that has a business or any business with a loan. But underneath these tickets is more encouraging news when it comes to the trend, what Bank Of England say today is when it comes to the battle against inflation from the government says we are reducing it solidly, ...