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welcome to the programme. the bank of england has warned the uk is facing its longest recession since records began, as it raised interest rates, by the biggest rise in 30 years. the 0.75 percentage point rise the eighth consecutive hike takes uk rates to from 2.25 per cent to 3 percent, meaning higher mortgage bills for many homeowners. the bank of england s move matches the us central bank s rate hike on wednesday, taking us rates to 3.75 to 4.0%. here s the bank of england governor. these are big changes. they have a real impact on people s lives. so, why are we doing it, and why are we doing it now when so many people are struggling with higher energy and food prices and other bills? we are increasing bank rate because inflation is too high. it is the bank s job to bring it down. a rise in interest rates can have an influence on things like credit card repayments and mortgages but also the interest paid on your savings. but the governor says this is the only wa ....
in the queue for the queen s lying in state. thousands continue to queue for hours to file past the coffin, with the line stretching for miles through the streets of london. i m mark lobel in westminster, where mourners have one day left to pay their respects to the queen. i ll speak to some of the tens of thousands already have. president biden is the latest world leader to arrive in the uk, ahead of the queen s state funeral on monday. in other news ukraine says more western weaponry is needed to beat russia, as bodies are recovered from a mass burial site, newly liberated, in northeastern ukraine. hello, welcome to the programme. the queen s eight grandchildren, including princes william and harry, have held a vigil at her lying in state in westminster hall. it s the first time in history that a monarch s grandchildren have performed such a ceremony, on their death. earlier, the king and the prince of wales met members of the public queueing to pay their respects t ....
and with western weapons continuing to arrive in ukraine the country s defence minister tells the bbc his country has become a de facto member of nato. tributes are paid to lisa marie presley, the only child of elvis, who s died at the age of 5a. royal mail customers still can t send letters and parcels overseas after a cyber attack on the company. good afternoon. the manchester city footballer, benjamin mendy, has been found not guilty of six counts of rape, and one count of sexual assault. jurors were unable to reach a verdict on one count of rape and one of sexual assault. it follows a six month trial at chester crown court. our north of england correspondent, danny savage is there, explain more about what happened today is. explain more about what happened toda is. , , ., ., explain more about what happened toda is. , , . ., ., explain more about what happened toda is. , ., ., , ., today is. this is a trial that began today is. this is a trial that began to be hea ....
less than 2a hours after kwasi kwarteng insisted he was 100% safe in his job as chancellor he has gone sacked by liz truss after he flew back early from washington for crisis talks. 3 weeks of turmoil on the financial markets has culminated in the prime minister announceing a second major u turn on her economic plans for growth corporation tax will now rise in april after all. she has sacked the chancellor and named a new one jeremy hunt the 4th this year. at a very short press conference this afternoon liz truss was repeatedly asked about her credibility as prime minister and why she was remaining in the job. let s take a listen to what she had to say. my my conviction to this country needs to go for growth and is rooted in my personal experience. i know what it s like to grow up somewhere that isn t feeling the benefits of growth and i so what that meant and i m not prepared to accept that for our country. i want a country where people can get good jobs and ....
stand off. there is a question, can someone come through the middle and when that? meanwhile, parties of opposition in england, scotland and wales have called for an immediate general election. we don t have to go on like this, we can have stability and to have an economy that works for working people, that s why we need a general election. i m samantha simmonds. in other news this morning: a warning the health and social care system in england is gridlocked and unable to cope with the demand, putting vulnerable people at risk. president zelensky says russian forces have planted mines at a dam in kakhovka, upstream from the city of kherson, as the ukrainian offensive gets closer. oscar winning actor kevin spacey has sexual assault allegations dismissed by a jury in new york. the chess grandmaster hans niemann sues rival magnus carlsen, after the five time world champion accused him of cheating. hello and welcome to bbc news, live from westminster. liz truss moved into 10 ....