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prices are rising faster than they have done for a0 years in the uk. the bank of england says the recent increases in energy hills, which are set to be three times more than they were a year ago, will drive inflation the rate at which prices rise even higher, to 13%. uk inflation hit that a0 year high injune, reaching 9.a%. july s figures are released in a few hours and there is a real chance that headline uk inflation could hit double figures. joining me now is liz martins, uk economist, hsbc welcome and it is good to have you on the programme. what do you on the programme. what do you think? do you think we will hit double digits today and if so how significant is that? that is our forecast that we get to exactly 10% year on year injuly and some of our fellow economists don t think it is quite that bad they say nine point 8% perhaps but 9.8, ten, these are incredible figures that even a few months ago we would have found hard to believe. yesterday we had the labou ....
to death while riding a mobility scooter in west london. police officers who are violent towards women or girls can be sacked under new guidance. toa to a betting chance is ordered to pay 17 million for money laundering and safety failures. prices in the uk increased by 10.1% in the year tojuly. that s the first time inflation has reached double digits since 1982. rising food and drink prices made the biggest contribution to the increase in the inflation rate between june and july this year but the cost of living is rising across the board, with rising costs being driven in part by energy prices, the ukraine war and the cost of raw materials despite this, wage increases are falling behind, with the average wage buying 3% fewer goods and services than last year. the bank of england have predicted that inflation will continue to rise and won t go down to its target of 2% for about two years. the cabinet minister kit malthouse said he understood that households are being affecte ....
the contaminated blood scandal of the 1970s and 80s, the government will give thousands of people an interim payment of £100,000 each. i think it s a vindication of the work of the inquiry and the fact that this is an interim compensation payment suggests to me that liability has been accepted by the government. there are pollution warnings for nearly 50 beaches around england and wales after untreated sewage is discharged with heavy rain. and britain s emma raducanu knocks serena williams out of the cincinnati masters in straight sets. and coming up on the bbc news channel. we will have the latest from lord s as england take on south africa in the first test of the series. good afternoon and welcome to the bbc news at one. an increase in food and drink prices has pushed inflation to double digits as the cost of living crisis intensifies. the office for national statistics says the rise in the price of goods is now at its highest rate for more than a0 years. inflation ....
market, talking to traders this morning as we wait to find out the latest numbers on inflation. police are urgently latest numbers on inflation. police are urgently appealing latest numbers on inflation. police are urgently appealing for - latest numbers on inflation. police are urgently appealing for any - are urgently appealing for any witnesses to come forward after an elderly man, thought to be riding a mobility scooter, was stabbed to death in london yesterday afternoon. emma raducanu spoils serena williams farewell tour in cincinnati, beating the 23 time grand slam champion in straight sets in the opening round. good morning. today we have a band of heavy rain across northern england. moving south and losing intensity as it does say that we will see further heavy thundery downpours across scotland and northern ireland. elsewhere a dry and sunny day. preparing to launch. a rocket which will eventually take astronauts back to the moon is getting ready for blast off. ....
contaminated blood in the uk in the 70s and 80s will receive compensation but campaigners say many grieving families have been ignored. british police appeal for witnesses after an elderly man is stabbed to death while riding a mobility scooter in the capital, london. voters in a republican primary in the us state of wyoming oust trump critic, congresswoman liz cheney, in favour of a candidate backed by the former president. harriet has received the most votes in this primary, she won, i called her to concede the race. this primary election is over. this primary election is over. the british betting company entain, which owns ladbrokes, coral, and foxy bingo, is ordered to pay more than 20 million dollars for safety and anti money laundering failures. hello and welcome if you re watching in the uk or around the world. prices in the uk increased by 10.1% in the year tojuly. that s the first time inflation has reached double digits since 1982. much of the rise is due to t ....