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BBCNEWS BBC News July 7, 2024 - Vimarsana News

BBCNEWS BBC News July 7, 2024

good morning. the governor of the bank of england has defended the decision to raise interest rates, saying there's a "real risk" of soaring prices becoming "embedded". yesterday, the bank warned the uk will fall into recession as it raised interest rates by the largest amount in 27 years. the uk economy is forecast to shrink in the last three months of this year, as the bank predicts a recession that will last well into next year. the bank says that sharp increases in energy prices will push inflation to more than 13% — a 42 year high — and that the value of people's incomes is ...

BBCNEWS BBC News June 4, 2024 08:30:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 08:30:00

The bank of england rejects accusations it was too slow to raise interest rates. the rise from 1.25% to 1.75% is the biggest increase in 27 years. the economy dominates the latest tory leadership debate — as liz truss and rishi sunak clash over how to deal with the threat of a looming recession. the first in a series of hosepipe bans is due to come into force in parts of hampshire and the isle of wight, later today. there's been a big increase in the proportion of doctors and nursesjoining the nhs in england from overseas. and in the commonwealth games — england's jack laugher and andrea s...