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Is a rate rise good for you . Really looking forward to speaking to you, to hearing from you this morning, by telephone, by text or social media. Lets get the neatest News Headlines from karishma patel. The Bank Of England is expected to raise its main Interest Rate to 5. 25 at lunchtime. It will be the 14th time in a row its gone up. Inflation has slowed down in the past few months, but is still at nearly 8 four times higher than the official target. Deputy Prime Minister, oliver dowden, says migrants will start to be housed on a barge in dorset in the coming weeks and that inspections are being carried out. They were meant to move in earlier this week but there have been concerns over fire safety and port staff. Ofcom says older viewers are switching away from liv ....
for millions of homeowners if the government stuck to its plan. here s our political correspondent, tony bonsignore. soaring food prices, sky high energy bills, rents and mortgages going through the roof. today the prime minister again sought to calm growing fears about the state of the economy. this week you have told people it is going to be ok. do you understand why people looking at their mortgage bills, shopping bills, worrying about keeping the roof over their heads, they will listen to you and think, it is not going to be ok for me ? i have never said it is not challenging, i have never said it will not be a difficult time to get through, but i want to give people the reassurance and confidence we have a plan, the plan will work and we will get through this. that is exactly what people should be hearing from their prime minister and government. but with interest rates already at a 15 year high and more rate rises likely from the bank of england, there are fears ....
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the wall street giant said it would pay $10.6 billion dollars to the federal insurance deposit corp, after officials shut down the smaller bank. first republic had been under pressure since last month, when the collapse of two other us lenders sparked fears about the state of the banking system. meanwhile, the managing director of the international monetary fund kristalina georgieva says she expects more weaknesses to be exposed in the banking sector. so just how vulnerable is it? let s ask the chief global investment officer of oreana financial, isaac poole. isaac, great to get you on the show. in the first instance, how much of a risk do you think there is of a failure amongst other us banks in the system? i failure amongst other us banks in the system? failure amongst other us banks in the system? i think there is a real risk of that- the system? i think there is a real risk of that. this the system? i think there is a real risk of that. this is the system? i ....
powerful quake that sent tremors across the entire region. the magnitude 7.8 quake struck before day break in southern turkey nearly the border with syria. the quake and aftershocks collapsing buildings. now a desperate search and rescue efforts under way to find people trapped in piles of rubble. cnn s scott mclean joins us from london. scott, this is one of the strongest quakes to hit turkey in a century, what do we know? reporter: that s right, this part of the turkey, christine, used to earthquakes but nothing like this. this happened in the middle of the night, so people were jolted out of bed with this terrifying shaking. they re finding themselves running out of their houses and apartment buildings into very cold weather. turkey is experiencing an unusual cold snap in that part of the country. andmalatya, they re working to get people of the rubble. with the cold weather, time of the essence, because people were not survive in this kind of cold. we re getting m ....