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From 5 to 5. 25 . And for the first time, its suggested that rates will stay higher for longer in an attempt to drive down stubborn inflation the rising cost of goods and services by reducing the amount of money we have to spend. Although todays increase means Borrowing Costs are at their highest level since 2008, it follows an era of unprecedented low rates. In previous decades, rates were much higher we can see here that in the 1980s rates got up to 18 before gradually falling. The bank today cut its forecast for economic growth, though it said the uk will avoid a recession. In a moment, well hearfrom savers, as well as families trying to cope with increasing costs, but first, heres our Chief Economics correspondent dharshini david. From cafe says customers may resist rate as higher mortgage and rent payments bite, to Est ....
Oh mess every day in every state across the country our political system is bankrolled by an army of fundraisers pulling in millions of dollars a race sometimes it looks like you might imagine knocking on doors, calling every name in the phonebook, and emails, so many emails. But for all those little fish drawing 100 to their local race, its the whales, those Campaign Fundraisers really need powerful and rich individuals and companies. And when they donate 20 5,000, 1 million, they want a favor or ten it should be obvious that thats corrupt, but with a wink and nod, political deals to the bribery line every single day. And we may never have noticed that certain illinois the governor hadnt flung back the curtain within unrepentant ego, a political corruption, crime spree in a set of unprecedented Audio Recordings that shined a bright light on the inner workings of amer ....
The disruption of Sporting Events or this kind of action, what kind of protest is ok for you . Looking forward to talking to you about that, do get in touch. Before anything else, lets get the latest news. Donald trump has described his latest Court Appearance as a very sad Day For America after pleading not guilty to trying to overturn the 2020 us election result. The former president denied four charges, and said the case was persecution of a political opponent. Five people who were arrested after an anti fossil fuels protest at the home of the Prime Minister have been released on bail pending further inquiries. Greenpeace activists climbed onto the roof of rishi sunak 5 North Yorkshire house and covered ....
Traders were also encouraged by new Inflation Data forjanuary that showed the smallest increase in goods and Services Prices for three years. That has added to bets that the Federal Reserve is on track to start cutting Interest Rates injune. Our north America Business correspondent Erin Delmore Reports from new york. All three of the major us Stock Indexes closed out february with a bang. The Tech Heavy Nasdaq Hit an all time high and it is the first time we have been able to say that since november 2021. Another new high for the ....
Out stop , plays out. Interestingly, the other servers went up also what are the other services . Overall Services Continue to be strong, a key part of apple growth story, and really that is something they are building out further and further. Youre going to also have, going into this next year, cloud, i think app store, if you look at that, that continues to uptick. That has been a big part of what i call the re rating of apple stock. Meanwhile, Retail Giant Amazon has reported a quarterly profit that smashed Market Expectations for q2. That came in at 6. 7 billion, eclipsing forecasts. In fact, this was amazons biggest earnings reveal since the last quarter of 2020. My colleague Michelle Fleury with more. Amazons results show its firing on all cylind ....