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BBCNEWS BBC News July 7, 2024

interest rates are expected to rise sharply today, as the bank of england attempts to tackle soaring prices. the bank is expected to increase its base rate by three quarters of a percentage point from 2.25% to 3%. that would be its eighth consecutive increase since december, pushing the rate to its highest level for m years. it would also mark the biggest single increase since 1989, and could have a big impact on the cost of living and people s finances. our correspondent navtej johal has this report. omar is a veterinary surgeon based in derby. he came to the uk four years ago and had planned to buy a home and settle here long term. with interest rates here expected to rise further today, which is likely to make mortgages more expensive, omar says he s now considering whether he should even stay in the uk. have you lost trust in the uk? i trust my colleagues, i trust my friends, i trust a lot of people in the uk. it shook my trust in the system. and you may move, you m ....

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BBCNEWS BBC News June 4, 2024 09:12:00

Separately, the chairs of four parliamentary select committees have written to the home secretary asking for clarity on how the government plans to cut small boat crossings in the english channel and reduce the backlog of asylum claims. ben writers in westminster. increasing pressure on the secretary. 0n increasing pressure on the secretary. on several france, other than overlapping issues. the immigration and asylum system is broken. there is a crisis and no obvious resolution in sight in terms of trying to stem the number of small votes crossing the channel and what to do about the overcrowding in manston in particular. we know suella braverman will be visiting kent today. she is expected to go to dover and manston. at the moment there is no media access. it is unclear whether or not we can ask her some questions while she is there. we will see how the day ....

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