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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 falling. one of the ways it can try to control inflation is to raise interest rates. this makes borrowing money more expensive which means we are less likely to spend bringing prices down. that s the bank s justification for raising interest rates from 1.25% to 1.75% the biggest rise since 1995. the governor of the bank of england, andrew bailey, told the today programme why raising interest rates ....
experiences its biggest ever outbreak of avian flu. good morning from birmingham, where england are celebrating a double diving gold one for the team s teenage star at her first commonwealth games and another for the most experienced diver retaining his title. it s friday the 5th of august. our main story. a hosepipe ban will come into force in parts of southern england later today, as recent extreme temperatures and a lack of rainfall continue to put pressure on waterways and water supplies. southern water said the move, which affects the isle of wight and parts of hampshire, was a vital step . other bans will follow later in the month in kent, sussex and parts of wales. zoe conway has this report. i ve actually used the hosepipe more. frances and john are neighbours, friends, and very keen gardeners. from today, people living here near alresford in hampshire will be banned from using a hosepipe in their gardens. frances, do you think people will follow the rules? a ....
Morning. the sun is shining, another beautiful in victoria square where the crowds are starting to gather. another busy day in athletics and the diving pool where england won two gold medals in the diving last night. one for their newest team member, only 17, and one for the defending champion. spare a thought for the road cyclists who have rather saw bones today i would have thought after some rather nasty crashes yesterday including one for wales s geraint thomas. from the champs elysees to wolverhampton. just 11 days after coming third in the tour de france, wales s geraint thomas was hungry for more success in the men s time trial. now, in this event, it s crucial to get off to a good start. he didn t get one. oh, no. geraint thomas an early faller. a slip within the first few kilometres. ....
France, wales s geraint thomas was hungry for more success in the men s time trial. in this event, it is crucial to get off to a good start. he did not get one. commentator: oh, no. and geraint thomas an early faller. a slip within the first few kilometres and, with that, the gold had slipped through his fingers. and thomas wasn t the only one who struggled. england s dan bigham clattering into a barrier, which meant he finished the race on his fiancee s bike. commentator: oh, no. but despite all of this, thomas still managed to win a bronze with england s fred wright taking silver. it is what it is, you know. my fault. one of those things. but, just had to then try and refocus and get stuck into the ride. to come away with a medal is ok in the end, i guess. meanwhile, there was more gold for england in the weightlifting. zoe newson taking the women s lightweight powerlifting title. a shiny new upgrade on the bronze she won four years ago. ....