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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 ....
The former president faces three separate criminal trials in the coming months but remains the frontrunner for the republican president ial nomination for next years election. Our North America correspondent nomia iqbal has the report. Donald trump has described his latest Court Appearance as a very sad day for america. Our North America correspondent nomia iqbal has the report. It was the same atmosphere but a different venue. Those who Love And Hate donald trump turned up outside the courthouse, ready for his arrival. Once donald trump lived as president in this city. But he returned as a criminal defendant. He faces four charges and is accused of orchestrating an astonishingly Broad Campaign to overturn the < ....
Gazas hamas controlled Health Ministry says 7,326 people have been killed in the strip after nearly three weeks of bombardment. More than 40 of them are children. And a senior un official is warning that many more will die from the catastrophic Aid Shortages caused by israels total siege. Israels military says it carried out a new raid in gaza overnight targeting hamas fighters, with ground units accompanied by helicopter gunships. These pictures, supplied by the idf, apparently show a Hamas Tunnel Being struck by a guided missile. Launch sites for anti tank missiles and command and control centres were also hit and the army says it killed a senior hamas commander. Its the second brief ground raid in as many days. Prime minister Benjamin Netanyahu has insist ....
Hello, im lucy hockings. Welcome to bbc news now, three hours of fast moving news, interviews and reaction. Israels military says it carried out a new ground raid in gaza overnight to target hamas fighters. Infantry and armoured units were accompanied by Helicopter Gunships as they entered eastern gaza city. These pictures, supplied by the idf, apparently show a Hamas Tunnel Being struck by a guided missile. Launch sites for anti tank missiles and command and control centres were also hit. The army said it killed a senior hamas commander and all israeli troops exited the area with no injuries. This is the second brief ground raid in as many days. The israeli Prime MinisterBenjamin Netanyahu has insisted a full offensive is coming. The main un agency in ....