tv BBC News BBC News August 4, 2022 2:00pm-5:01pm BST
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this is bbc news. the headlines: the bank of england says inflation is likely to peak at 13% later this year. gdp growth in the uk has slowed and the economy is forecast to enter a recession later this year. and the bank of england today raised interest rates by 0.5% to 1.75%. some businesses voice concern at the change. it is crippling. interest rate rises are something that could really stop a small business like us. we'll be answering your questions on all of that and the cost of living crisis. the family of british 12—year—old archie battersbee seek legal permission to move their son to a hospice, after losing their fight to keep him on life support.
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china has launched several ballistic missiles into waters around taiwan in response to a us senator's divisive visit to the island. and how disposable facemasks are blighting birdlife in 23 countries around the world. the bank of england has predicted that the uk is set to enter a recession this autumn lasting more than a year. the bank says inflation is likely to peak at 13% by december, and today it has announced the largest rise in interest rates for 27 years.
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the 0.5% hike means that interest rates now stand at 1.75%. the move is part of attempts to curb spiralling inflation, by making borrowing more expensive and discouraging spending. but it means mortgages and loans will be more expensive for millions of people, as andy verity reports. rarely has the bank of england given out an economic warning this unsettling. it's not only forecasting the worst inflation in a0 years, hitting 13% in the next few months, but a full—blown recession starting this autumn. that means it expects buying and selling activity to start shrinking and carry on for the whole of next year. the risks around the mpcs forecasts are exceptionally large at present. the source of these risks and the driver of most of the revisions to our forecasts since the may report is overwhelmingly energy prices and the consequences of the actions of russia. this rise in energy prices has exacerbated the fall in real incomes
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and so led to another significant deterioration in the outlook for activity in the uk, and in the rest of europe. gdp growth in the uk has slowed and the economy is now forecast to enter recession later this year. these were what prices looked like the last time the official interest rate rose by as much half a percentage point, 28 years ago. back then they were rising much more slowly tha now — barely a third as quickly. the official interest rate is now higher than it has been for 13 years, but only because rates have been so low for so long. if you look back further to the last time the rates went up by 0.5% in 1995, the rates were three times what they are now. i recognise the significant impact this will have and how difficult the cost of living challenge will continue to be for many people in the uk. inflation hits the least well off hardest. but if we do not act to prevent inflation becoming persistent, the consequences later
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will be worse. and that will require larger increases in interest rates. the bank of england's hope is raising interest rates and making it more expensive to borrow will discourage firms and households from borrowing to buy and invest, dampening down demand for goods and cooling an overheating economy. but small businesses like this manufacture of specialised bubble toys in bangor, north wales, say ongoing hikes in interest rates could slow down business, hitting growing businesses like this, making any recession worse. it is crippling, interest rate rises are something that could really stop a small business like us, who are ambitious, timely, and doing our absolute best, and they could stop this growth or stymie it, or curtail it, at a time when we need to be making changes. only about 1.9 million households, less than a tenth, have mortgages with variable rates.
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if they have a typical mortgage of £200,000, they will pay £59 more a month. but a further 1.3 million mortgage borrowers will move off fixed rate deals this year, and they are also likely to pay more. if raising interest rates is aiming to curb household spending to help tame inflation, energy bills are already doing that on a much greater scale, leading to a rare and nasty combination of soaring inflation and impending recession. week will speak to and in a moment but i want to bring you something from the chancellor of the exchequer nadhim zahawi has already issued a statement.
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that was the response from the chancellor but let's speak to andy verity. if we go back to what the governor of the bank of england was saying, it was quite stark, how much of what he said was expected? i think the severity of it was completely unexpected. we expected the bank of england to say they were going to raise interest rates, it was widely predicted they would buy half a percentage point, i had my piece written and rewrite it because of surprised by us saying the uk would enter a recession in the fourth quarter of the year in the economy would shrink in every quarter of next year. that's a very unpleasant combination. we've got used to the severe warnings, the pandemic, washed recession in 300 years but when you define recession
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as an assertion of economic activity, the amount of buying and selling shrinking, that was more severe but there is a big difference, with this one, that is the government is no longer stepping in to protect businesses and pay wages if they need to, to safeguard them from the effects of dwindling spending by consumers. figs them from the effects of dwindling spending by consumers.— spending by consumers. as you mentioned. _ spending by consumers. as you mentioned, we _ spending by consumers. as you mentioned, we had _ spending by consumers. as you mentioned, we had the - spending by consumers. as you | mentioned, we had the decision during the pandemic but how much more severe is this expected to be and also what impact are we likely to see further down the line? in a to see further down the line? in a wa it's a to see further down the line? in a way it's a lot _ to see further down the line? in a way it's a lot less _ to see further down the line? in —. way it's a lot less severe in terms of the scale of the economic drop but what is nastier it comes with the highest inflation in a0 years. the bank of england recently predicted inflation would peak at 11% this october and which less than 5% by the end of next year and now they are saying it will reach 13% in they are saying it will reach 13% in the next few months and energy bills are the overwhelming reason. last report they thought it would be a0%
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up report they thought it would be a0% up on household energy bills by october and now it is looking at the 70%. energy bills indirectly through the war in ukraine and effecting it the war in ukraine and effecting it the most. it was a global pandemic and many other countries have been affected by the impact of the war in ukraine, how do other countries compare when it comes to this forecast recession? the inflation is predicted for the uk looks worse than other g7 economies and although we have been bouncing back from the pandemic, now it looks like if the bank of england is right we will flatten out. one of the worst economic records in the g7. ., ~ , o, y the worst economic records in the g7. ., y a o, g7. thank you very much for answering — g7. thank you very much for answering all— g7. thank you very much for answering all our— g7. thank you very much for answering all our questions, g7. thank you very much for- answering all our questions, and the. andy verity, our economics correspondent. 0ur political correspondent jonathan blakejoins me now — and jonathan warnings about recession by the end of the year — suddenly more for the politicians to think about.
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we've had some immediate response from the government as you read out the statement from the chancellor nadhim zahawi, we've not seen or heard from him today but he's put out that statement via the treasury saying the uk is facing global economic challenges and the forecast will be concerning for many people aren't talking about the government's response to the cost of living as a we also told he will speak to the governor of the bank of england andrew bailey this afternoon, that could be an interesting conversation for both men to have. given the dire warnings and unexpectedly gloomy forecast to use an understatement, by the bank of england this afternoon. 0bviously by the bank of england this afternoon. obviously it plays into the contest which is underweight for the contest which is underweight for the leadership of the conservative party. either liz truss or rishi sunak will be in number 10 downing
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st in less than five weeks' time. this is a reminder of the immediate problem is they will have to tackle. lots of the contest so far has talked almost in abstract terms about what will happen in the future but this will bring it into sharp focus, the dire economic conditions present in the uk and the inflation forecast to rise further and the recession set to take hold. and so far we've seen both candidates repeating their arguments about their economic approach cope without liz truss and immediate tax cuts, or rishi sunak holding off to group inflation, as he puts it, and cut taxes later on. now they will face more pressing questions about what they would do in the immediate term to help households with astronomical energy bills, which are only forecast to rise ever higher. and the impact that and other factors is having on financial situations for
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people around the country. jonathan, thank you. joining me now is rebecca mcdonald, who is a chief economist atjoseph rowntree foundation. a charity which conducts and funds research aimed at solving poverty in the uk. it goes without saying any forecast of a recession is hugely worrying, what is the impact you are most concerned about? the worrying, what is the impact you are most concerned about?— most concerned about? the forecast toda and most concerned about? the forecast today and the _ most concerned about? the forecast today and the new _ most concerned about? the forecast today and the new news _ most concerned about? the forecast today and the new news on - most concerned about? the forecast today and the new news on the - most concerned about? the forecasti today and the new news on the bank of england extremely frightening. in the more medium—term of the most frightening thing is the inflation forecasts and the fact they are now due to peak at 13% later this year and as you say, later on into the year ahead, we and as you say, later on into the yearahead, we are and as you say, later on into the year ahead, we are expecting a recession. and in particular over the next few years the bank of england expects unemployment to rise which will of course be a big worry for many people. people are already struggling hugely. what sort of impact are we
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likely to see on those of worst affected? 1 likely to see on those of worst affected? ~' , ., ., , affected? i think the situation is incredibly dire _ affected? i think the situation is incredibly dire at _ affected? i think the situation is incredibly dire at the _ affected? i think the situation is incredibly dire at the moment i affected? i think the situation is i incredibly dire at the moment and this news will be very frightening for many people. to put this in context, we know by may this year over 7 million households, low income households already had to go without an essential, skipping a meal or a shower or not heating their homes or heating their meals and we also know more than 1 million low income households had to go into additional debt or turn to new lending in order to specifically afford a sensual meal. that was on me. the situation was already difficult for many people and looking ahead to the winter and they know their energy bills will go up by so much more in october and that's incredibly scary. i think the figures today, i hope will be our call to action for whoever the next prime minister is and the current
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chancellor, to be honest. i hope that the real call to action that they need to reassess and update the cost of living support that has so far been promised. because given these figures and the bigger increases in bills and prices we now expect, the cost of living support package already announced is really not enough. {iii package already announced is really not enou . h. ., package already announced is really not enough-— package already announced is really not enou:h. ., u, ., , ., not enough. of the two candidates to become the — not enough. of the two candidates to become the next _ not enough. of the two candidates to become the next prime _ not enough. of the two candidates to become the next prime minister, - not enough. of the two candidates to | become the next prime minister, who do you have most confidence in to be able to tackle this issue? at do you have most confidence in to be able to tackle this issue?— able to tackle this issue? at the moment neither _ able to tackle this issue? at the moment neither candidate - able to tackle this issue? at the moment neither candidate have i moment neither candidate have important very much about cost of living support. they focused on the debate around tax cuts and are very much looking forwards further into the future and i think that is particularly worrying and people will listen to those discussions and think but what are you going to help us with now and especially for the most vulnerable families, have they forgotten about that? when will the reassess to support packages they've previously announced, and the need to update them. that's my main hope
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for the candidates, that they can turn attention towards what is going on right now and the very difficult situation the lowest income families are facing right at this moment. you mention support packages, i must mention support packages, i must mention the chancellor nadhim zahawi has said the £37 billion package of help is taking, their way of taking action, including direct payments to the most vulnerable. what do you think the government should be doing? in think the government should be doinu ? ., think the government should be doinu ? . , ., ., doing? in that short term, two thins doing? in that short term, two things they do happen. firstly| doing? in that short term, two i things they do happen. firstly the support package that was announced in may needs to be reassessed. because back in may the forecast for energy bills and prices were lower and now they've got up, in order for that support packs to do its job as originally designed it will need to be more generous. that's the first thing. secondly, the way in which the government is currently using the government is currently using the benefit system is making the situation a lot worse for many
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families on universal credit because they're taking debt repayments are from people's benefit income is at the very unaffordable rates and that just means for people who are on low incomes already the they're losing even more of that because of debt repayments that could be paid back much more slowly. i would like to see the government to urgently act on that as well and cap the amount of debt repayments that can be deducted from universal credit. thank you so much for taking the time to speak to us, rebecca. and later this hour, at two thirty this afternoon, we'll be answering your questions on the cost of living. you can send them in to us by tweeting — using the hash tag #bbcyourquestions or by emailing them to yourquestions@bbc.co.uk the headlines on bbc news...
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the bank of england says inflation is likely to peak at 13% later this year. taiwan says china has fired several ballistic missiles in the waters around the island, as part of beijing's biggest ever military exercises in the area. the family of archie battersbee have insisted they will "fight" to get him moved to a hospice, after the european court of human rights rejected their request to postpone the withdrawal of his life support. the twelve—year—old has been in a coma since he was found unconscious after an accident at his home in essex in april.
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for nearly four months, archie battersbee has been at the centre of a lengthy legal battle. now the family has acknowledged it has come to an end, they have one final wish, for archie to be moved to a hospice where they can say goodbye privately. every single day of archie's life, i have told him i love him. i have no regrets with archie whatsoever. for that to happen, they need the permission of the court. earlier archie's family filed an application to the high court. but lawyers for barts health nhs trust, which runs this hospital where archie is being treated, say any application to transfer the 12—year—old would be opposed. the trust believes his condition is unstable and moving him even a short distance would create significant risk. archie has been in a coma since he was found unconscious at his home in april. doctors say it is highly likely archie is brain stem dead and there is no hope of recovery.
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the hospital says it has his best interests at the forefront of its care. after careful thought, we refuse permission... in a series of court rulings, ten judges agreed his treatment should be withdrawn. yesterday the european court of human rights refused to intervene in the case after an application by archie's parent's. this is not the first high—profile case where doctors and families have disagreed. one would understand archie in the minds of the family is still alive and they don't want to lose their boy. i think sadly that happens, however, those kinds of disconnects are relatively rare. his parents now face another wait to find out if they will be able to move their son to a hospice where they can say goodbye. helena wilkinson, bbc news, royal london hospital. 0ur reporter katharine da costa is
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outside the royal london hospital in east london. what is the latest? as you heard archie's family have made application to the high court at nine o'clock this morning they met the deadline asking for permission to move him from the royal london hospital to a local hospice. his mother has said she wants to be with archie away from the noise and chaos of the hospital when treatment is ended. lawyers for barts health trust which runs the hospital have said they would oppose the move because they feel it would be too risky to move him. the trust has said no changes will be made to his treatment until all court proceedings have been finalised and thatis proceedings have been finalised and that is due to be a high court hearing this afternoon around 3:30pm, to consider the application about whether to move archie to a hospice. any statement his mum said that if the courts refused to permission to move him and for him to receive palliative oxygen it
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would be simply inhumane. she says they would fight to the end for the right for archie to live. they have indicated that they have been contacted by hospitals injapan, italy, offering to continue life support for archie abroad. some experts have said if he is too fragile to be moved even to a local hospice it is unlikely he would survive being moved abroad, and there are no current treatments available to reverse significant damage that he has sustained. this has been a really high profile case in the public spotlight, and the family have said that everything has happened so quickly they have not had time to process what has happened over the last four months. catherine got —— katharine da costa outside the royal london hospital.
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the energy giant shell is to give its workers a one—off 8% bonus after the company reported record profits from high oil and gas prices. most of its 82,000 staff worldwide will get the pay award but senior executives will be excluded. shell says the award reflects its financial success and is "not a response" to the rising cost of living. detectives searching for a student nurse who disappeared nearly a month ago in south london have arrested a fourth man on suspicion of murder. 2a year old 0wami davies from grays in essex was last seen in west croydon on 7thjuly. police say she was recorded on cctv in the company of a man on the night she was last seen alive. they are keen to speak to a van driver seen passing 0wami on the street.
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taiwan says china has fired several ballistic missiles in the waters around the island, as part of beijing's biggest ever military exercises in the area. china announced the drills in response to a visit to taiwan by american democrat, nancy pelosi. the exercises stop ships and planes from using maritime and air space. taiwan says they amount to a blockade. stephen mcdonell reports. in volley after volley, missiles were fired into the waters off taiwan and, according to the people's liberation army, hit their targets. attack helicopters flew past pingtan island, one of china's closest points to taiwan. after assembling for days, china's military has staged massive live fire exercises, in a dramatic escalation of pressure on a place it considers a rogue province. these are normally busy shipping lanes, but in six huge areas
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surrounding the island, commercial vessels and aircraft were warned not to approach what looks like a dress rehearsal for a blockade of taiwan. some have asked whether the pelosi visit was worth it, given that taiwan's security appears to have deteriorated as a result. but many taiwanese say they are used to such tensions. translation: basically, - i am not afraid of the threats from china because, at least right now, when china says it wants to annex taiwan by force, they have actually said that for quite a while. translation: i think i am already used to the threat from china - and i have accepted it. actually, taiwan cares more about the economy. the chinese government has been encouraging strident nationalist condemnation of nancy pelosi and taiwan. this could, though, lead to calls for more extreme military options, more extreme than it's prepared to consider, and that
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could bring its own political pressure on beijing. translation: i think ms pelosi's visit is a good thing. _ it gives us an opportunity to surround taiwan, then use this opportunity to take taiwan by force earlier than expected. i think we should thank comrade pelosi. translation: psychologically, i i think emotions are running high for chinese people when she came, but when we calm down and think about it, we must have faith in our motherland, in that they, the government, have already figured out a solution. for hardliners in china's communist party, the visit has provided the perfect excuse to ramp up military activity around taiwan. now that exercises have been carried out so close to the island, could this become a regular event? that would mean even more regional instability in the coming years.
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disposable facemasks are blighting birdlife in 23 countries around the world. that's the finding from an online project called birds and debris, in which people submitted photos and reports of birds nesting or entangled in rubbish. scientists collecting and studying the images say birds in almost every continent are now living in our litter. our science correspondent victoria gill reports. a grim but familiar sight in many urban waterways. how many different types of plastic are just floating here? yeah, i can see easily, one, two, three, four, five, six, seven... seven or eight different kinds of plasticjust here. and it's the wildlife that inhabits these waterways that's living with and living in our rubbish. these images, submitted by members of the public and collected by scientists, show the global extent of the problem. scientists asked people to upload photographs and reports of birds tangled or nesting in rubbish. we've got about a00 reports covering every continent
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except antarctica, so, yeah, literally everywhere. and then covid happened and all of a sudden we had all of the submissions of facemasks, surgical gloves. is, say, a mask or a ppe item, is that more of an environmental problem than a plastic bag or a plastic bottle? yeah, so masks is not just one thing. you think about you've got the ear loops which are made of elastic, you've got sheeting on them, you've got the rigid piece of flexible plastic that, you know, fits over your nose, so you've got a whole bunch of ways that wildlife can seemingly interact with it. bird cheeps. in some cases, like this one in stratford—on—avon, nature lovers have been able to help. hey, come on, buddy. 0h, perfect, well done. there we go. but this project shows the surge in pandemic—related waste that's ending up in our environment.
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scientists say the systems we have for managing that waste can't cope and that wildlife and wild spaces are bearing the consequences. victoria gill, bbc news. now it's time for a look at the weather. with a hosepipe ban starting across parts of hampshire and isle of wight tomorrow we could really do with some rainfall but nothing for this week and even next week will state bone dry as well. plenty of sunshine across england and wales for the rest of today but scotland and northern ireland scots on its bills and some passing showers, the majority of the showers to the north of northern ireland, hebrides, highlands, orkney and shetland but lots of dry weather otherwise. a lot less humid across east anglia, much more pleasant feel and much more comfortable night's slip ahead. showers across scotland and northern ireland continue overnight and spread to north west england and
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yoghurt shell hello, this is bbc news. the headlines: the bank of england warns the uk will enter recession this year, with inflation likely to peak at 13% by december gdp growth in the uk has slowed an economy is now forecast into recession later this year. interest rates are rising by 0.5% to 1.75%
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it is crippling, these interest—rate rises could really harm a small business like us. we'll be answering your questions on all of that and on the cost of living crisis. the family of british 12 year old archie battersbee seek legal permission to move their son to a hospice, after losing their fight to keep him on life support china has launched several ballistic missiles into waters around taiwan in response to a us senator's divisive visit to the island on how disposable facemasks are blighting birdlife in 23 countries around the world. sport now and a full round—up from the bbc sport centre. good afternoon. welcome to day seven of the commonwealth games in a birmingham. the men's cycling time trial is under way. 27 riders taking to the road, one minute after one another,
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and wales geraint thomas is the last rider off and you can see him now. he finished third at the tour de france, remember, as he looks to gain another commonwealth games medal. this is live and iplayer at the moment if you want to watch it. this trialjust moment if you want to watch it. this trial just a moment if you want to watch it. this trialjust a shade under the a0km wrote that tom is in the penultimate stage of the tour de france. you are seeing an unfortunate crash there at the moment, in fact, listening to some of the commentary around that, some of the commentary around that, some people are saying they are pleased it is a dry day at the moment in the midlands because this track with its twists and turns can be particularly dangerous. but that is geraint thomas on screen at the moment, trying to get himself gold. he has talked about his pride to be racing for wales and here he is. can watch that live on iplayer and see
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whether he can get himself over the line. for many site here our home profile, including the australian champion. we arejust profile, including the australian champion. we are just going to profile, including the australian champion. we arejust going to move on to the women's race, we have already seen the women's time trial that we saw earlier on, which was a delight for australia, we talked about how well they have done at this time trial so far. henderson of england is on screen at the moment, she managed to take herself silver earlier in the women's cycling time trial, anna henderson, that was the first home nations medal of the day for her, and she was talking about her challengers, she was optimistic of winning gold, grace brown in the end finishing ahead of her, henderson 33 seconds behind her, making two with a silver metal.
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england women have thrashed wales 5—0 to qualify for the knockouts of the hockey as group a winners. grace balsdon scored a hat—trick with hannah martin and giselle ansley also on target as england continued their unbeaten start in birmingham. they'll now play the defending champions new zealand in the semifinals. right, let's take you to some live hockey where india are playing wales. wales hoping to thwart india's charge towards a successive semifinal and india are 2—0 up at the moment in the second quarter, not the easiest time for wales. india have a great record in hockey, you would expect them to get themselves over the line against wales. a busy day of boxing as well. it's a busy day of boxing quarter finals at the nec hall four,
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where victory guarantees a fighter a bronze medal. one of those is scotland's matthew mchale who produced a dominant display against malaysia's muhammad ahmad shaharom to move into the semi—finals of the bantamweight. mchale, from edinburgh, won the first round on alljudges' scorecards and then the second by a 10—8 margin. northern ireland teenager dylan eagleson is also guaranteed at least bronze after winning his ba ntamweight fight today. england's gemma richardson has moved into the semi—finals of the women's lightweight boxing tournament, meaning she will win at least bronze. richardson produced a fine display to claim a 5—0 victory overjade burden, the first female boxer to compete at the games from the isle of man. northern ireland's michaela walsh is also guaranteed a bronze, after winning her quarter final in the fetaherweight division. keep across the boxing on iplayer if you can. to the netball and a shock result — jamaica have beaten the top seeds and three—time champions australia to finish top of their group.
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jamaica, known as the the sunshine girls, were five goals down after the third quarter but put in a huge final 15 minutes to win 57—55. if england beat new zealand later on tonight they'll face jamaica in the semifinal on saturday. the final is on sunday. elsewhere, wales may not have made it to the semifinals, but they got their second win in pool a, beating barbados 60—aa. it's an improvement on the 2018 competition, where they didn't win any of their pool matches. next, to the women's 200m heats. there's no english representation in this event after 100m medalist darryl neita withdrew. she won bronze at last night. wales' hannah brier here and guernsey's abi galpin both booked their place in the semifinals after a successful start to the day. england's zharnel hughes and adam gemili have both made it
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through their heats of the mens 200m. hughes qualified comfortably in his heat. he finished first in the 2018 final, but was disqualified afterwards for impeding the eventual champion jereem richards. gemilli won his heat comfortably to reach the semi finals too. it's ridiculous, it is a morning session and to a full stadium full of fans. why are having more events in the uk? it's outrageous. it was so humbling at the reception i got, a data rifle closely what they gave me in 2012, so can't complain. —— it rivalled closely. we have track and field, typing, time trial cycling all coming up, you can keep across that on iplayer and now back to the studio.
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some breaking news coming through that i'm going to bring you now. it's information that says an independent reviewer has been appointed to fully examine what was known about concerns regarding tim westwood to's contact during his time with the bbc. the bbc board made the decision following an expedited review by the broadcaster's internal investigations team which reported to the board's senior independent director. an update on that review has been published today and outlines a number of allegations of misconduct against mr westwood is. the bbc has instructed a qc supported by a law firm to lead this work. there is more information to come on that which we will bring you later, butjust to summarise that an independent reviewer has been
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appointed to fully examine what was known about concerns regarding tim westwood to. and if we go through now to what the board senior independent director is saying, he is saying i am grateful to the bbc�*s investigation team for the work they have done, it is an important piece of work but i see it as a first step. new allegations and issues are emerging as time passes, for this reason, the work must continue. so, we will have more from our reporter in a moment but first, it's a time on bbc news now for your questions answered. with me is martyn james, who's from money savings expert, and sue hayward, who's a consumer and finance journalist.
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thank you, both, forjoining us today. so we start with, as you can imagine, many questions on this subject. martin, iwant imagine, many questions on this subject. martin, i want to ask a question from chris, and this is about to be a £a00 rebates, discounts are being paid in terms of a discount on energy bills. chris asks, what professions are being made for payment to families living in residential caravans, mobile home parks, those living on boats and on canals, quite a niche question but what is the advice there? chris was touched on — what is the advice there? chris was touched on something _ what is the advice there? chris was touched on something that - what is the advice there? chris was touched on something that will- touched on something that will resonate with a huge number of people. you may have seen in the news yesterday that lots of questions were being asked about renters whose landlords paid the energy bill for them because the rebate will be going through the landlords. when the scheme was announced, it wasn't clear how many
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people would fall through the cracks and this is a great example of something that hadn't been thought through. i am something that hadn't been thought through. iam in something that hadn't been thought through. i am in touch with the government along with a number of campaigners to highlight the fact that there are a number of people in chris' situation who are going to struggle. a lot of this will come down to how the energy bill is passed on through the caravan parks or through the marinas to the actual people who are living there but it is something that is still waiting to grind out, i don't have an answer gets, hopefully will get one from the government before september. sue, i will ask this to you, it's along the same lines over energy prices, this is from susan in hull, she says she is a pensioner living alone, she was paying the £62 a month to shell up to april this year, she changed to a new energy company after the old company shell quoted increase to £1a9. for a new
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company quoted a £1a3 a month, but now she has received an e—mail saying she is using more energy than she was before and now her new payment is £201 a month, she asked how was this possible? i met she was saying that she doesn't think she is using more energy. tina saying that she doesn't think she is using more energy.— saying that she doesn't think she is using more energy. two things occur to me, on using more energy. two things occur to me. on the _ using more energy. two things occur to me, on the one _ using more energy. two things occur to me, on the one hand, _ using more energy. two things occur to me, on the one hand, we - using more energy. two things occur to me, on the one hand, we don't i to me, on the one hand, we don't know_ to me, on the one hand, we don't know if_ to me, on the one hand, we don't know if these bills have been estimated, so she sat this bill come through— estimated, so she sat this bill come through that is now reflecting the amount_ through that is now reflecting the amount of energy she is using, we do know_ amount of energy she is using, we do know that _ amount of energy she is using, we do know that prices go up but if she seems _ know that prices go up but if she seems to— know that prices go up but if she seems to be using a lot more energy but if_ seems to be using a lot more energy but if the _ seems to be using a lot more energy but if the bill has been estimated and she _ but if the bill has been estimated and she is— but if the bill has been estimated and she is not actually using half as much— and she is not actually using half as much as — and she is not actually using half as much as they think she is, that could _ as much as they think she is, that could well— as much as they think she is, that could well account for the extra cost _ could well account for the extra cost and — could well account for the extra cost. and if she has recently switched _ cost. and if she has recently switched from one company to another, — switched from one company to another, and maybe they are basing her readings on previous usage where as now— her readings on previous usage where as now prices have gone up, she may have been— as now prices have gone up, she may have been cutting the amount of energy— have been cutting the amount of energy she was using are not using
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as much _ energy she was using are not using as much. you also mention how she switched _ as much. you also mention how she switched energy without knowing the full details, i don't know if she went— full details, i don't know if she went to — full details, i don't know if she went to a _ full details, i don't know if she went to a fixed—rate deal, and hohomily— went to a fixed—rate deal, and hopefully she didn't, because the fixed-rate — hopefully she didn't, because the fixed—rate deals tend to be far more expensive _ fixed—rate deals tend to be far more expensive then any of these standard rates that _ expensive then any of these standard rates that the energy providers are changing, _ rates that the energy providers are charging, so that's also a possibility. but without knowing the full details, it's hard to say, so there _ full details, it's hard to say, so there are — full details, it's hard to say, so there are one of two things, either there are one of two things, either the bill— there are one of two things, either the bill is — there are one of two things, either the bill is estimated or sheer switch — the bill is estimated or sheer switch to— the bill is estimated or sheer switch to perhaps a more expensive deal going _ switch to perhaps a more expensive deal going forward.— deal going forward. there is a key coule of deal going forward. there is a key couple of questions _ deal going forward. there is a key couple of questions that - deal going forward. there is a key couple of questions that sue - deal going forward. there is a key couple of questions that sue will. couple of questions that sue will need to ask. this is a question that affects so many viewers, and a question for you, affects so many viewers, and a question foryou, martyn, affects so many viewers, and a question for you, martyn, jane says, last winter i didn't turn my heating on a pretended i was back in the 19605, on a pretended i was back in the 1960s, she says it looks like i will be doing the same again, thank goodness for thermal underwear! but
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however, is a country that produces lots of our own energy, how to compare to other european countries? this is a question i get asked a lot and a lot of people say that the solution to the energy crisis is not thermal underwear, we have to come up thermal underwear, we have to come up with a much better, wider ranging solution for everybody. but looking at the way energy is promised across europe, we also seem to be looking at significant increases in a number of countries. there are a lot of factors at play here, it depends on the proportion of energy can get from different sources, what are you generating it reproducing it yourself, and if you want in hot political discussion this evening, the matter of fact is that a country like france has a lot of state owned or partial state owned companies which means the government can directly put pressure on and reduce prices, whereas we have a privatised energy market which means the options are limited. this energy market which means the options are limited.— options are limited. as you say, thermal underwear _
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options are limited. as you say, thermal underwear can - options are limited. as you say, thermal underwear can only - options are limited. as you say, | thermal underwear can only take options are limited. as you say, - thermal underwear can only take you so far. on the note about the energy companies, i saw meg put this to you, sue, from bob in huntington, who says i don't understand that the utility companies are making vast amounts of money thanks to the increase in price of fuel, so why don't they put some of that cash into helping customers? we heard about the record profits made by organisations like shell and eccentric, and he also adds to that, what happened to north sea gas and oil, hasn't run out, there is never any news about that. i’m oil, hasn't run out, there is never any news about that.— oil, hasn't run out, there is never any news about that. i'm not going to sit here — any news about that. i'm not going to sit here and _ any news about that. i'm not going to sit here and defend _ any news about that. i'm not going to sit here and defend the - any news about that. i'm not going to sit here and defend the oil - to sit here and defend the oil companies, they are making massive profits— companies, they are making massive profits and _ companies, they are making massive profits and their problem is people are being — profits and their problem is people are being squeezed, obviously the consumers and suppliers but the way it works _ consumers and suppliers but the way it works is _ consumers and suppliers but the way it works is because the suppliers are having — it works is because the suppliers are having to pay these wholesale prices, _ are having to pay these wholesale prices, they are buying it but as
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they— prices, they are buying it but as they have — prices, they are buying it but as they have to buy it so far in advance, _ they have to buy it so far in advance, by the time gets to us, we are paying _ advance, by the time gets to us, we are paying a — advance, by the time gets to us, we are paying a lot more the problem was they— are paying a lot more the problem was they were trying to offer all these _ was they were trying to offer all these fixed deals and discounts which _ these fixed deals and discounts which we — these fixed deals and discounts which we were snapping up any hope of paying _ which we were snapping up any hope of paying a _ which we were snapping up any hope of paying a cheaper energy prices, it meant— of paying a cheaper energy prices, it meant that the suppliers are really— it meant that the suppliers are really the _ it meant that the suppliers are really the ones in the middle who are being — really the ones in the middle who are being squeezed at both ways because — are being squeezed at both ways because they were having to be squeezed by the oil giants and paying — squeezed by the oil giants and paying the prices charged by them. equally. _ paying the prices charged by them. equally, we were demanding the cheaper. — equally, we were demanding the cheaper, fixed deals, so they were being _ cheaper, fixed deals, so they were being squeezed which in turn means they are _ being squeezed which in turn means they are paying the price and passing — they are paying the price and passing the prices on to us. it is very— passing the prices onto us. it is very much— passing the prices on to us. it is very much the case that it squeezed all the _ very much the case that it squeezed all the chain but i am not going to defend _ all the chain but i am not going to defend the — all the chain but i am not going to defend the oil companies and say that we _ defend the oil companies and say that we should be making those profits, — that we should be making those profits, it's horrendous that they are making these huge amounts of money— are making these huge amounts of money and — are making these huge amounts of money and certainly while all others are struggling at thinking how we are struggling at thinking how we are going — are struggling at thinking how we are going to pay the bills, it's 'ust are going to pay the bills, it's just unbelievable. and are going to pay the bills, it's just unbelievable.— are going to pay the bills, it's just unbelievable. and now from heatin: it just unbelievable. and now from heating it to _ just unbelievable. and now from heating it to eating _ just unbelievable. and now from
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heating it to eating it, _ just unbelievable. and now from heating it to eating it, this - just unbelievable. and now from heating it to eating it, this is - just unbelievable. and now from heating it to eating it, this is a l heating it to eating it, this is a question from jeff. martyn, jeff is asking about shrinkflation, i think we call it, he said he has been enjoying his favourite chocolate for years but has noticed the contents getting smaller. it took a bit of initiative and e—mailed them and to their credit, the company replied saying they are putting less product in the yoghurt tubs. so he says, how many other firms are doing this during the cost of living crisis? we talk about chocolate bars getting smaller but is this happening to all the food? , , ., ., smaller but is this happening to all the food? , , . ., , the food? this is a real thing, this is something _ the food? this is a real thing, this is something that _ the food? this is a real thing, this is something that has _ the food? this is a real thing, this is something that has been - the food? this is a real thing, this is something that has been going| the food? this is a real thing, this i is something that has been going on and something that sue has been writing about for a number of years now, way back when people first started to notice wagon wheels were getting smaller. when you put this to the brands that own at these companies, the argument to say is, people still want to enjoy their
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favourite treats and don't want to see the price going up so much but what people are saying to me is that, this feels smaller, i feel like i'm being kind. the thing is, the public respect you more if you are honest about how much something costs but if you think you can stick something under the radar and they won't notice, they will do. so it is happening on all treats you can think of. and also have a look on multi packs for a reduction in size are there as well.— are there as well. onto the big sto of are there as well. onto the big story of today. _ are there as well. onto the big story of today, the _ are there as well. onto the big story of today, the increase . are there as well. onto the big story of today, the increase in | story of today, the increase in interest rates announced by the bank of england. sue, we have had a few questions about this, from tony and dave asking similar questions, tony says, how does increasing interest rates and therefore affecting things like mortgages and the rate we have to pay back on loans, how is that going to help with the population it deal with the higher cost of living?
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this is going to hit people who don't necessarily have huge amounts of saving, this will hit people have huge debts. of saving, this will hit people have huge debts-— huge debts. absolutely. high inflation hits _ huge debts. absolutely. high inflation hits owes _ huge debts. absolutely. high inflation hits owes all- huge debts. absolutely. high inflation hits owes all and - inflation hits owes all and generally, it's people at the lower end of— generally, it's people at the lower end of the — generally, it's people at the lower end of the on lower incomes, who pay more _ end of the on lower incomes, who pay more. certainly food prices with rising _ more. certainly food prices with rising inflation, it's been widely touted — rising inflation, it's been widely touted that these are basic staples, pasta, _ touted that these are basic staples, pasta, bread, milk, and that the value _ pasta, bread, milk, and that the value and — pasta, bread, milk, and that the value end of the markets were some of those _ value end of the markets were some of those prices have shot up astronomically, even more so than some _ astronomically, even more so than some of— astronomically, even more so than some of the — astronomically, even more so than some of the brands. the idea of increasing — some of the brands. the idea of increasing interest rates, it means that those — increasing interest rates, it means that those of us with mortgages, if you are _ that those of us with mortgages, if you are a _ that those of us with mortgages, if you are a standard variable rates, of course, — you are a standard variable rates, of course, the interest won't affect everyone _ of course, the interest won't affect everyone on mortgages, but if you are one _ everyone on mortgages, but if you are one of— everyone on mortgages, but if you are one of the 2 million homeowners paying _ are one of the 2 million homeowners paying either standard variable rate or a tracker — paying either standard variable rate or a tracker rate mortgage, you will pay more. — or a tracker rate mortgage, you will pay more, and the idea is, if we are
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having _ pay more, and the idea is, if we are having to _ pay more, and the idea is, if we are having to pay— pay more, and the idea is, if we are having to pay more on our mortgages, it curbs _ having to pay more on our mortgages, it curbs our— having to pay more on our mortgages, it curbs our spending, which in turn means— it curbs our spending, which in turn means we're — it curbs our spending, which in turn means we're spending less, which slows _ means we're spending less, which slows the — means we're spending less, which slows the whole economic process. but what _ slows the whole economic process. but what we don't want to do, and this is— but what we don't want to do, and this is where the finer balancing act comes— this is where the finer balancing act comes in, is if things get slow too much, — act comes in, is if things get slow too much, not only is there a danger, _ too much, not only is there a danger, we _ too much, not only is there a danger, we are now being told we are going _ danger, we are now being told we are going into _ danger, we are now being told we are going into recession, or it is widely— going into recession, or it is widely expected we will be, come december, for a year. widely expected we will be, come december, fora year. so widely expected we will be, come december, for a year. so it is a balancing — december, for a year. so it is a balancing tightrope of trying to increase — balancing tightrope of trying to increase the interest rates to kerb our spending, which means where are borrowing _ our spending, which means where are borrowing more but equally, at the other— borrowing more but equally, at the other end — borrowing more but equally, at the other end of the scale, if we stop spending — other end of the scale, if we stop spending completely, it means production will dry up and therefore we go _ production will dry up and therefore we go into— production will dry up and therefore we go into recession. so it's a tricky— we go into recession. so it's a tricky one _ we go into recession. so it's a tricky one but, yes, a lot of people are going _ tricky one but, yes, a lot of people are going to— tricky one but, yes, a lot of people are going to be paying more on their mortgage _ are going to be paying more on their mortgage and if you are equally on a fixed deal. _ mortgage and if you are equally on a fixed deal, even if you are thinking, _ fixed deal, even if you are thinking, i fixed deal, even if you are thinking, lam fixed deal, even if you are thinking, i am 0k fixed deal, even if you are thinking, i am ok on a fixed deal, i
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won't _ thinking, i am ok on a fixed deal, i won't be _ thinking, i am ok on a fixed deal, i won't be paying any more my mortgage is right— won't be paying any more my mortgage is right now. _ won't be paying any more my mortgage is right now, when your fixed deal ends, _ is right now, when your fixed deal ends. you — is right now, when your fixed deal ends, you will end up finding that a lot of— ends, you will end up finding that a lot of the _ ends, you will end up finding that a lot of the deals you could have snapped — lot of the deals you could have snapped up previously aren't around. a lot of— snapped up previously aren't around. a lot of mortgage lenders will actually— a lot of mortgage lenders will actually let you fix a new fixed deal _ actually let you fix a new fixed deal around three to six months before _ deal around three to six months before your current one ends. so it could _ before your current one ends. so it could be _ before your current one ends. so it could be worthwhile if your mortgage deal ascending to start shopping around _ deal ascending to start shopping around to— deal ascending to start shopping around to see if you can lock into a new one. _ around to see if you can lock into a new one, ready to seamlessly continue — new one, ready to seamlessly continue when the old one ends. i will continue when the old one ends. will put the continue when the old one ends. i will put the question to you as well at martyn, what is your advice for the people who are going to be hit at the this interest rate increase? now is the time to take a pragmatic look at yourfinances. now is the time to take a pragmatic look at your finances. there is a range of help out there whether you are worried about borrowing or your capacity to pay for all the things you have committed to, there are organisations that can help you if you are really struggling and your outgoings are more than your
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incomings, you can negotiate with lenders, there are payment holidays available, but a long term, look at your finances right now so you know precisely what you're dealing with and reach out to each of the organisations you owe money to add explain your situation. they have an obligation in all the regulated sectors to come up with taylor plans to help you out of a dark place if you are struggling financially. so, seek help, don't wait until it happens, seek help now. thank you, both. in iceland, a volcano has begun to erupt following a series of earthquakes in an uninhabited valley near the capital reykjavik. guy lambert has the story. in the land of fire and ice, another powerful force of mother nature is on display, attracting tourists from all over the world.
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the volcano erupted on wednesday, a0km east of the capital of reykjavik, just eight months after its last eruption officially ended. the site is close to mount fagradalsfjall, a volcano that threw out magma for six months in 2021. no one lives in the valley, but since the eruption began more than 1500 curious onlookers have visited the site. we were trekking down here and i was, like, i have to stop, stop, let's sit down and i had a little cry because it's so beautiful and so emotional and this is, like, the raw power of our planet. but there is a danger to visiting sites such as this. when exposed, gases from a volcanic eruption, especially sulphur dioxide, may pose a danger to health, and officials have urged people to avoid the site until a danger assessment has been conducted. today, the icelandic government issued an alert advising that young children should not walk up to the eruption site. it is not known how long it will be until this latest eruption subsides. twins elma and thelma, from stockport, turned 103 today.
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they've lived through second world war, the coronation and say their secret is a sip of brandy before bed each night. they could be the oldest twins in the uk. and of course, such a big milestone deserves a party, so we sent our reporter davinia ramos along. # happy birthday to you.#. enjoy life, don't let anything get you down, but don't worry, that's it. wise words from elma and thelma on their 103rd birthday. these twin sisters were born on the 3rd of august 1919 and grew up together in stockport. and although times were tough, they had fun, played together and bickered, like most siblings. what are your best memories of growing up together? we did play together, didn't we? we did. but we did have our little troubles and little fights. our mother used to bang
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our heads together. elma and thelma have lived through the second world war, seen 20 prime ministers come and go and say it's surreal looking back ove their lives. the bombs used to come over at night, so we used to have to go to the river and we used to have to go into the caves, go in there, out of the bombs, cos we could hear them falling. and in the cave, the water used to run down the walls, it was cold, we had to sit there all night, then go to work the next morning. i remember standing at the back bedroom window, looking out, and the planes were going over. today is a far cry away from that. they are able to celebrate with their loved ones and meet the youngest member of the family, their great—great—grandson, who isjust seven weeks old.
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so pleased to see them talk and go through their - stories, it's so interesting. somebody who has lived that long and been through so much, - it's so interesting. we lived fairly close to each other, didn't we? yeah. what were they like growing up? wonderful. laughter. and the secret to a long and happy life? the odd tipple, apparently. i like me food, put it that way. and i like a brandy at night. i think i could get on board with that too. # catch a falling star and put it in your pocket # save it for a rainy day.#. hgppy happy birthday to them both! hosepipe bans come into force across
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parts of hampshire, the isle of wight tomorrow and further bands across southeast england next week. it is, of course, down to the dry weather. look at england as a whole, through january weather. look at england as a whole, throuthanuary and weather. look at england as a whole, through january and july, with only two thirds of the normal rainfall, but back in 1976, it was even drier than that. there is snow on the forecast, bone dry for the next five days across a majority of england again and i don't see much rain falling next week either, so this extended period of dry weather is set to continue. today, tax and sunshine across england and wales but scotland and northern ireland, more of a mixture with passing showers, the majority of most of the north of northern ireland, across the hebrides and islands in scotland as well. temperatures into the high teens, a fresher feel to the weather in the sunshine across east anglia and southeast england, more pleasant field. overnight tonight, we will
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perhaps get showers turn into north wales. the further south, the try the weather is, no rain expected and clear skies. a comfortable night's sleep and a fine start tomorrow. a weather on the cards, foremost most of england wales, and so were sunshine, northern scotland to perhaps a northwest of england seeing the showers and the temperature similar as well for friday. looking at the weather for the commonwealth games, the athletics tomorrow looking fine here with the temperature around 20 degrees, perfect conditions for the athletes. forthe degrees, perfect conditions for the athletes. for the weekend, a change for the far north of scotland with the weather threatening thick cloud and a little rain, winds picking up. perhaps more cloud for northern ireland and parts of northern england but for the bulk of england and wales, a fine and sunny day with temperatures up to 27. through sunday and into next week, this area of high pressure becoming more
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this is bbc news. the headlines: the bbc announces an independent review into the allegations surrounding the former bbc radio one dj tim westwood and his conduct when he worked for the company. the bank of england warns the uk will enter recession this year, with inflation likely to peak at 13% by december. gdp growth in the uk has slowed and the economy is forecast to enter a recession later this year. interest rates are rising by 0.5% to 1.75%, the biggest increase in more than quarter of a century. some businesses voice concern at the change. it is crippling. interest rate rises are something that could really stop a small business like us.
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the family of british 12—year—old archie battersbee seek legal permission to move their son to a hospice, after losing their china has launched several ballistic missiles into waters around taiwan in response to a us senator's divisive visit to the island the bank of england has predicted that the uk is set to enter a recession this autumn lasting more than a year. the bank says inflation is likely to peak at 13% by december, and today it has announced the largest rise in interest rates for 27 yea rs. the 0.5% hike means that interest rates now stand at 1.75%. the move is part of attempts to curb spiralling inflation, by making borrowing more expensive and discouraging spending. but it means mortgages and loans
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will be more expensive for millions of people as andy verity reports. rarely has the bank of england given out an economic warning this unsettling. it's not only forecasting the worst inflation in a0 years, hitting 13% in the next few months, but a full—blown recession starting this autumn. that means it expects buying and selling activity to start shrinking and carry on for the whole of next year. the risks around the mpc�*s forecasts are exceptionally large at present. the source of these risks and the driver of most of the revisions to our forecasts since the may report is overwhelmingly energy prices and the consequences of the actions of russia. this rise in energy prices has exacerbated the fall in real incomes and so led to another significant deterioration in the outlook for activity in the uk, and in the rest of europe.
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gdp growth in the uk has slowed and the economy is now forecast to enter recession later this year. these were what prices looked like the last time the official interest rate rose by as much half a percentage point, 28 years ago. back then they were rising much more slowly than now — barely a third as quickly. the official interest rate is now higher than it has been for 13 years, but only because rates have been so low for so long. if you look back further to the last time the rates went up by 0.5% in 1995, the rates were three times what they are now. i recognise the significant impact this will have and how difficult the cost of living challenge will continue to be for many people in the uk. inflation hits the least well off hardest. but if we do not act to prevent inflation becoming persistent, the consequences later will be worse. and that will require larger increases in interest rates. the bank of england's hope
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is raising interest rates and making it more expensive to borrow will discourage firms and households from borrowing to buy and invest, dampening down demand for goods and cooling an overheating economy. but small businesses like this manufacture of specialised bubble toys in bangor, north wales, say ongoing hikes in interest rates could slow down business, hitting growing businesses like this, making any recession worse. it is crippling, interest rate rises are something that could really stop a small business like us, who are ambitious, timely, and doing our absolute best, and they could stop this growth or stymie it, or curtail it, at a time when we need to be making changes. only about 1.9 million households, less than a tenth, have mortgages with variable rates. if they have a typical mortgage of £200,000, they will pay £59 more a month. but a further 1.3 million mortgage
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borrowers will move off fixed rate deals this year, and they are also likely to pay more. if raising interest rates is aiming to curb household spending to help tame inflation, energy bills are already doing that leading on a much greater scale, leading to a rare and nasty combination of soaring inflation and impending recession. the chancellor of the exchequer nadhim zahawi has already issued a statement.
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i think this ability was completely unexpected. we expect that the back—up england to say there were going to raise interest rates, it was when the predicted they would do it by 0.5%. i had my piece written and had to rewrite it because they surprised by us saying the uk would enter a recession in the fourth quarter of the year in the economy would shrink in every quarter of next year. that's a very unpleasant combination. we've got used to the severe warnings, the pandemic, worst recession in 300 years but when you define recession selling shrinking, that was more severe but there is a big difference, with this one,
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that is the government is no longer stepping in to protect businesses and pay wages if they need to, to safeguard them from the effects of dwindling spending by consumers. as you mentioned, we had the recession during the pandemic but how much more severe is this expected to be and also what impact are we likely to see further down the line? in a way it's a lot less severe in terms of the scale of the economic drop but what is nastier it comes with the highest inflation in a0 years. the bank of england recently predicted inflation would peak at 11% this october and then less than 5% by the end of next year and now they are saying it will reach 13% in the next few months and energy bills are the overwhelming reason. last report they thought it would be a0% up on household energy bills by october and now it is looking at --like 70%. energy bills indirectly through the war in ukraine and effecting it the most. joining me now is miatta fahnbulleh, who is chief executive of the new economics foundation. thank you so much forjoining us.
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first or all i want to get your reaction to the announcement of the interest rate increase and what your concern is about who will be most affected. i concern is about who will be most affected. ~ ., , ., affected. i think it was the wrong call by the _ affected. i think it was the wrong call by the bank _ affected. i think it was the wrong call by the bank of _ affected. i think it was the wrong call by the bank of england. - affected. i think it was the wrong i call by the bank of england. we are likely to bring into recession in the autumn, increasing interest rate which, by the way, will not solve inflation because we know inflation is being driven by energy prices coming from outside and also supply chain disruption due to the aftermath of the pandemic. it is not because the economy is overheating so increasing interest rate doesn't solve the problem, it will exacerbate the risk of recession and in the end it will be people already being squeezed who will be hit by increased mortgage payments and also millions of people are borrowing to get by on the cost of credit will go up get by on the cost of credit will go up and it will choke the economy and investment.
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absolutely the wrong call. the bank of england's governor said, it understood the rise in living costs people were experiencing and the concerns around that and said it was doing what they could to return inflation to 2% target. what is your response to that? the inflation to 2% target. what is your response to that?— response to that? the bank of en . land response to that? the bank of england is _ response to that? the bank of england is in _ response to that? the bank of england is in a _ response to that? the bank of england is in a tough - response to that? the bank of england is in a tough place, i response to that? the bank of| england is in a tough place, its response to that? the bank of- england is in a tough place, its job england is in a tough place, itsjob to keep inflation is low and so it has to be seen to be acting in the hope is by increasing interest rates you shift expectations and it makes people think the bank is doing something and inflation will come down and expectations of change and therefore behaviour changes but i don't think that bears the reality, the thing driving this are external factors and most people understand that and understand energy bills are going to go up in october and january and possibly afterwards and it is not clear to me this when using these leavers are well and if
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you have to balance the risk of recession and the economy tanking, or the inflation risk, given the tools that it ought to trying to stave off recession because the worst of all worlds is a high prices and an economy flatlining, stagflation, that would be the worst for people already struggling and suffering. their aim in suffering. theiraim in this suffering. their aim in this is to tackle that rising inflation, which they forecast is going to reach 13%. what do you suggest instead? what should be bank of england be doing?! do you suggest instead? what should be bank of england be doing? ithihk be bank of england be doing? i think the have be bank of england be doing? i think they have quite _ be bank of england be doing? i think they have quite limited _ be bank of england be doing? i think they have quite limited levers - be bank of england be doing? i try “ia; they have quite limited levers and i think you have to turn to the government who has more levers. in that short—term, this won't help inflation but certainly will help the impact of inflation, you've got to put money in people's pockets in order to offset the huge increase in bills. i want the government to put
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a tougher windfall tax on excess profits being announced by energy companies and then use that to soften the blow on households on low and middle incomes. in addition to providing additional support particularly on families at the sharp end and in the longer term we absolutely need to talk about reform and that's about reducing the energy we use and also fundamentally changing the nature of the market. there is stuff the government can do in the short term and there is a lot of talk about what is driving inflation, we are seeing huge profits at the top, wages increase at the top and not at the bottom and there are things the government could be doing the regulation in order to impact that in that short term. less for the bank of england to do because in the end it is not about the economy overheating but there are things the government could do in order to soften the blow of increasing inflation and also look to get it down in that long
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term. thank you so much for your time, miatta fahnbulleh, chief executive of the new economics foundation. joining me now is conservative mp and chair of the treasury select committee, who's also supporting rishi sunak for the leadership, mel stride. thank you forjoining us. i don't know how much of that previous interview you could hear but we were speaking to the head of a think tank said that the back—up england's move is the wrong one, what do you think —— bank of england. n is the wrong one, what do you think -- bank of england.— -- bank of england. i don't think it is, ithink -- bank of england. i don't think it is, i think interest _ -- bank of england. i don't think it is, i think interest rates _ -- bank of england. i don't think it is, i think interest rates have - -- bank of england. i don't think it is, i think interest rates have to i is, i think interest rates have to go is, i think interest rates have to 9° up, is, i think interest rates have to go up, there was debate whether it should have been 0.25% or 0.5% but where miatta is right is interest rates don't contort many of the things driving inflation but they do help to condition expectation, the
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concern is the labour market is overheated and the domestic economy is overheated and therefore rates have to rise to curb inflation. otherwise it becomes more embedded and persistent in the longer term and persistent in the longer term and you'd then have to raise interest rates even further as a consequence with further pain down the line. figs consequence with further pain down the line. �* , ,, consequence with further pain down the line. ~ , i. ., the line. as you mentioned, there has been a _ the line. as you mentioned, there has been a bit _ the line. as you mentioned, there has been a bit of _ the line. as you mentioned, there has been a bit of discussion - the line. as you mentioned, there has been a bit of discussion over i has been a bit of discussion over whether raising it by 0.25% would be a better increase because you do .5% is the biggest increase in years so why not soften the blow slightly and take a more softly softly approach and go with the smaller rise? the back of and go with the smaller rise? tue: back of england and go with the smaller rise? tts: back of england has and go with the smaller rise? tt9 back of england has done and go with the smaller rise? tt9: back of england has done that and go with the smaller rise? tt9 back of england has done that for the last six increases, this is a 61, the last five were all smaller amounts, —— this is the sixth increase. this is something the treasury select committee i'd share
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wanted to look at closely, the view of the monetary policy committee at the bank of england is the second round effects, labour market effects are indicating inflationary expectations have to be adjusted and interest rates is the tool to do that but that comes at a cost, people will pay more for their mortgages and it'll hit businesses and this is why critically we got to keep inflation as low as possible and get on top of it which is why you mentioned earlier i am supporting rishi sunak and one of the reasons is i know he has an appropriate plan in place to do that and i am very worried about suggestions from liz truss's count that what they are going to do is have £60 billion of unfunded tax cut which will feed into demand very quickly raise inflation further and that will lead to higher interest rates still in the short to medium term and higher mortgage costs and problems with the housing market, we
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could see a property slump if we are not careful and a great deal of stress on businesses so we got to be careful not to make the problem worse and we've got to focus on bringing inflation down and under particular before we look at significant tax cuts. this fairly dismal outlook on the economy and the forecast of a recession, isn't that a bit of a damning indictment on the conservative economic policy of recent years and specifically of rishi sunak�*s reign as chancellor? no because most of these problems have been visited upon us, they have not been home—grown. the pandemic which caused the biggest recession slump in 300 years was a huge challenge. what rishi did was moved at scale and pace to bring in the furlough scheme the imf described as one of the best quality interventions of any country in the world to save millions ofjobs and i
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think you did an extraordinaryjob. and of course we've got into a war in ukraine and the kind of problems as the economy expanded quickly once it opened up and supply chain bottlenecks resulted in other problems. it's been a very difficult terrain. ~ :, , :, :, terrain. what we understand from s-ueakin terrain. what we understand from speaking to _ terrain. what we understand from speaking to our— terrain. what we understand from speaking to our economics - speaking to our economics correspondent and others is the outcome, the outlook is more severe here than for other countries who have also had the same impact of the global pandemic and the impact of the war in ukraine. so why is it we are feeling the effects? th the war in ukraine. so why is it we are feeling the effects?— are feeling the effects? in recent times i are feeling the effects? in recent times i don't _ are feeling the effects? in recent times i don't think _ are feeling the effects? in recent times i don't think history - are feeling the effects? in recent times i don't think history bears l times i don't think history bears that out, we put fastest g7 growth... that out, we put fastest g7 growth- - -— that out, we put fastest g7 urowth... :, , , :, : growth... that depends on which metric you _ growth... that depends on which metric you look _ growth... that depends on which metric you look at. _ growth... that depends on which metric you look at. according - growth... that depends on which metric you look at. according to | metric you look at. according to some metrics it was the fifth fastest, not the fastest. put it this way. _ fastest, not the fastest. put it this way, we've _ fastest, not the fastest. put it this way, we've had _ fastest, not the fastest. put it this way, we've had some - fastest, not the fastest. put it i this way, we've had some pretty strong growth given what the economy
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has gone through and the shock we've had and at the beginning of the pandemic many commentators suggested would have multiple millions of people out of work and that never happened and that's a great tribute to the interventions that rishi sunak in particular was responsible for. ~ , :, sunak in particular was responsible for. :, sunak in particular was responsible for. ~ ,~ :, :, : sunak in particular was responsible for. :, :, for. why are our economic forecast more severe _ for. why are our economic forecast more severe than _ for. why are our economic forecast more severe than that _ for. why are our economic forecast more severe than that of _ for. why are our economic forecast more severe than that of many - for. why are our economic forecast i more severe than that of many other countries? t more severe than that of many other countries? ~' :, more severe than that of many other countries? ~ :, :, :, countries? i think going forward what matters — countries? i think going forward what matters now— countries? i think going forward what matters now as _ countries? i think going forward what matters now as we - countries? i think going forward i what matters now as we recognise we've got to do three things, get on top of inflation, and rishi sunak is best placed to do that because he is not going to intervene in a way that will exacerbate the problem. he was behind the reigns _ will exacerbate the problem. he was behind the reigns over _ will exacerbate the problem. he was behind the reigns over the _ will exacerbate the problem. he was behind the reigns over the past - will exacerbate the problem. he was behind the reigns over the past few. behind the reigns over the past few years as chancellor and yet here we are with our more dire economic outlook than many other countries. you say that but if you look at inflation which is the major pressing challenge that we have at the moment, inflation is substantially elevated across all
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economies. we are not unique in that sense an 80% plus of our inflation is being imported by soaring energy costs and the war in ukraine and these are things completely beyond rishi sunak�*s control. we've got to get inflation down, we must not add fuel to the fire unfunded tax cuts and we've got to focus on getting growth going and he has very good plans around incentivising business investment and rnd development in particular and then we can come to the tax cuts in a measured and orderly way. this is very much, very good piece in telegraph today from nigel lawson who made the point lady thatcher faced nigel lawson who made the point lady thatcherfaced similar nigel lawson who made the point lady thatcher faced similar challenges at the beginning of her term in power and she did not go for unfunded tax cuts or borrowing lots of money, she went for getting inflation down first and then she delivered
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spectacular tax cuts later on and thatis spectacular tax cuts later on and that is what we've got to do as a conservative party and i believe rishi sunak is best placed to achieve that.— rishi sunak is best placed to achieve that. :, ,, , :, :, achieve that. male, thank you for our time achieve that. male, thank you for your time today. _ the family of archie battersbee have insisted they will "fight" to get him moved to a hospice, after the european a high court hearing is set to begin, to determine whether archie battersbee can be moved to a hospice. doctors have warned he's too ill to be transferred but his family have said they will "fight to the end" to allow him to die with dignity. yesterday, the european court of human rights refused their request to delay
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the withdrawal of life—supporting treatment for the 12—year—old, who's been in a coma since april. helena wilkinson reports. for nearly four months, archie battersbee has been at the centre of a lengthy legal battle. now the family has acknowledged it has come to an end, they have one final wish, for archie to be moved to a hospice where they can say goodbye privately. every single day of archie's life, i have told him ilove him. i have no regrets with archie whatsoever. for that to happen, they need the permission of the court. earlier archie's family filed an application to the high court. but lawyers for barts health nhs trust, which runs this hospital where archie is being treated, say any application to transfer the 12—year—old would be opposed. the trust believes his condition is unstable and moving him even a short distance would create significant risk. archie has been in a coma since he was found unconscious at his home in april. doctors say it is highly likely archie is brain stem dead and there is no hope of recovery. the hospital says it has his best interests at the forefront of its care.
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after careful thought, we refuse permission... in a series of court rulings, ten judges agreed his treatment should be withdrawn. yesterday the european court of human rights refused to intervene in the case after an application by archie's parent's. this is not the first high—profile case where doctors and families have disagreed. one would understand archie in the minds of the family is still alive and they don't want to lose their boy. i think sadly that happens, however, those kinds of disconnects are relatively rare. his parents now face another wait to find out if they will be able to move their son to a hospice where they can say goodbye. helena wilkinson, bbc news, royal london hospital. an inquest into the death
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of a 9—year—old lincolnshire girl has opened and been adjourned today. lilia valutyte was killed while playing in boston town centre last week. 22—year—old deividas skeba skebas been charged with her murder. a crowdfunding page to help pay for lilia's funeral has already raised more than six thousand pounds. jo black is in boston. nine—year—old lilia valutyte died after being stabbed last thursday in lincolnshire around 6:20pm. we understand she was playing outside the shop caught playing hula hoop with her two—year—old sister. two days later a 22—year—old deividas skebas was located by police in a park in boston. he was arrested and taken into custody and then one day later charged with murder. he already has appeared in court this week and been remanded into custody.
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he will next appear in court for a plea hearing on september the 19th. this afternoon in lincoln, lincolnshire's senior coroner paul smith opened and adjourned the inquest into the death. it was a short hearing, only nine minutes long and the court heard the provisional result of a forensic postmortem into the cause of death was a stab wound to the chest. the coroner then adjourned the inquest until the conclusion of the criminal proceedings, as he is required to do so. mps are calling for urgent action to put more money in to what they describe as a "ravaged care system", supporting older and disabled people in england. responding to the report by the levelling up, housing and communities committee, the government insisted it was already putting an extra £5.a billion
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into adult social care over the next three years. let's get more perspective on this. joining me now is sir david pearson. an independent advisor on social care who chaired the uk government's social care sector covid—19 support task force. he joins us from nottinghamshire. first of all, the concerns around the future of social care have been going on for years, how much more do you feel, more seville has a situation got now?— you feel, more seville has a situation got now? thank you. i am s-ueakin situation got now? thank you. i am speaking and _ situation got now? thank you. i am speaking and a _ situation got now? thank you. i am speaking and a personal— situation got now? thank you. i am speaking and a personal capacity i situation got now? thank you. i amj speaking and a personal capacity as far as the supplement is concerned. what we need is a bridge between the current crisis affecting social care and the very laudable aims of the white paper health and social care act and the white paper regarding the future of social care and in terms of what more needs to be done, the report highlights some important issues such as what they have described as at £7 billion funding
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gap which sounds like a lot of money but for the benefit of viewers that only around 0.7% of public expenditure, for something which affects millions of people up and down the country in terms of the care that they received. and also something like 8.8 million unpaid carers, which has increased significantly since the pandemic. what we also are facing is workforce shortages, skills for care estimate the vacancy level of 110,000 last year has reached 165,000, out of 1.5 million care workers. we need a long—term strategy for social care and a really robust workforce plan that involves paying people in social care equivalent salaries for the same role as they are in health care and making sure people get the right training and development and
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in my view, ensuring people are registered so they have the benefits of registration which hold responsibilities and also that accreditation and development that is so badly needed in the sector. the government have produced a white paper which covers this and things like technology enabled care which will help enormously in the coming years, integration for health and social care, which is also extremely important. a lot of the changes as well as the changes to who pays for social care such as changing the threshold for means testing, all those things are extremely good and very welcomed but there is a big job to do now urgently in order to invest the kind of thing that needed to make sure social care is sustainable in the future. i know hindsight is a wonderful thing but this is a concern that has
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been voiced for years now, the future of the social care industry. do you think more could have been donein do you think more could have been done in governments of the past years or decades in order to put us in a better position today? t in a better position today? i think the debate _ in a better position today? i think the debate on _ in a better position today? i think the debate on the _ in a better position today? i think the debate on the funding - in a better position today? i think the debate on the funding of- in a better position today? i think. the debate on the funding of social care has been going on for about 25 years, so clearly the answer is yes. but we are where we are and i think the opportunity now exists with the kind of changes being signalled by the government, for the future to add some flesh on to the detail of what those proposals will look like around technology, workforce and so on. as well as making sure all be it, we got to be careful about public expenditure, i appreciate that but the importance of this for the people of this country cannot be underestimated and therefore, to go
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the extra step to ensure it is properly funded now, or make a huge difference because we've got a very difficult winter ahead for the health and social care system as well as the country as a whole and well as the country as a whole and we want to be in the best place that we want to be in the best place that we can to ensure the people of this country get the service that they need and deserve.— country get the service that they need and deserve. david, thank you for our need and deserve. david, thank you for yourtime- _ now it's time for a look at the weather. with a hosepipe ban starting across parts of hampshire and the isle of wight tomorrow we could really do with some rainfall but nothing for this week and even next week will stay bone dry as well. plenty of sunshine across england and wales for the rest sunny spells and some passing showers, the majority of the showers to the north of northern ireland, hebrides, highlands, orkney and shetland but lots
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of dry weather otherwise. a lot less humid across east anglia, much more pleasant feel, and much more comfortable night's sleep ahead. showers across scotland and northern ireland continue overnight and spread to north west england and north wales, a little bit of rain at times, temperatures 8—1a. tomorrow, the weather is almost identical to today. some showers across scotland and northern ireland, most of england and wales will stay dry and temperatures not changing much either. that's the latest. hello, this is bbc news. the headlines: to bbc is independent review into allegations surrounding tim westwood and his conduct when he worked for the company. 11 from the bank of england — it says a recession is coming at
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inflation could peak at 13% by december. inflation could peak at 13% by december-— inflation could peak at 13% by december. , , :, :, , december. gdp growth in the uk has slowed and we _ december. gdp growth in the uk has slowed and we are _ december. gdp growth in the uk has slowed and we are forecast _ december. gdp growth in the uk has slowed and we are forecast to - december. gdp growth in the uk has slowed and we are forecast to enter. slowed and we are forecast to enter recession later this year. meanwhile, interest raised by 0.5% to the highest level for nearly 30 years. to the highest level for nearly 30 ears. , , to the highest level for nearly 30 ears, , , : , , , years. this is crippling. interest rate rises are _ years. this is crippling. interest rate rises are something - years. this is crippling. interest rate rises are something that i years. this is crippling. interest. rate rises are something that could really stop a small business like us. a, really stop a small business like us. : :, :, , :, us. a high court hearing is due to beain in us. a high court hearing is due to begin in the _ us. a high court hearing is due to begin in the next _ us. a high court hearing is due to begin in the next hour _ us. a high court hearing is due to begin in the next hour to - us. a high court hearing is due to i begin in the next hour to determine whether archie battersby could be moved to a hospice. china launches several ballistic missile tests into waters around taiwan following a senior us leader's device a visit to the island. now a full round—up from the bbc sports centre. good afternoon, it's been an eventful day seven of these
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commonwealth games so far. not least in the men's road time trial. england's fred wright took slilver and wales' geraint thomas has won bronze. which was impressive in the end when you see this. thomas had a nightmare moment early on, costing him precious seconds, when he turned the corner with too much speed and ended up colliding with the barrier. nearly saved himself but not quite, and it wasn't much better for england's dan bigham, who crashed into the barriers too. his handlebars were tangled up and in the end he got on another bike — and ended up in 11th place. australia's former world champion rohan dennis had a trouble—free ride though. that was good enough for gold. thomas pushed all the way to the line but ended up
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in the bronze medal position, two seconds behind england's fred wright. earlier, england's anna henderson won the first home nations medal of the day, taking silver in the women's cycling time trial. henderson impressed during the women's tour de france recently, and did the same this morning across the 28.8km circuit at wolverhampton's west park. australia's grace brown took gold, winning in a fraction over a0 minutes, with henderson 33 seconds behind, while georgia williams of new zealand came third. england women have thrashed wales 5—0 to qualify for the knockouts of the hockey as group a winners. grace balsdon scored a hat—trick with hannah martin and giselle ansle also on target as england continued their unbeaten start in birmingham. they'll now play the defending champions new zealand in the semifinals. let's take you to some live hockey,
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where india are playing wales. india's men are leading wales at half—time in their pool b hockey match. they are a—1 up going into the final quarter in pool b. wales need to shock their highly—fancied opponents to reach the semifinals. it's not going to happen, india are well on top. if india win, they, along with england, will reach the last four, with the hosts still to face canada in their final group match at apm. it's the first day of diving at the sandwell aquatics centre, with the men's 1m springboard preliminary rounds taking place ahead of the final. the home favourite and defending championjack laugher wasn't perfect throughout the preliminary round but he did enough to finish fourth overall and qualify for the finals.
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fellow english diverjordan houlden finished just ahead of laugher, while scotland's james heatley came second behind australia's shixin li. i don't know how many people actually know who i am here, there are just happy to support team england. i haven't had a massive crowd behind me for some time now, especially an english crowd. it's difficult, wasn't expecting it to be that loud but there are good things and bad things to work through later. it's a busy day of boxing quarter finals at the nec hall four, where victory guarantees a fighter a bronze medal. one of those is scotland's matthew mchale, who produced a dominant display against malaysia's muhammad ahmad shaharom to move into the semifinals of the bantamweight. mchale, from edinburgh, won the first round on alljudges' scorecards and then the second by a 10—8 margin.
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northern ireland teenager dylan eagleson is also guaranteed at least bronze after winning his ba ntamweight fight today, england's gemma richardson has moved into the semifinals of the women's lightweight boxing tournament, meaning she will win at least bronze. richardson produced a fine display to claim a 5—0 victory overjade burden, the first female boxer to compete at the games from the isle of man. northern ireland's michaela walsh is also guaranteed a bronze, after winning her quarterfinal in the fetaherweight division. to the netball and a shock result — jamaica have beaten the top seeds and three—time champions australia to finish top of their group. jamaica, known as the the sunshine girls, were five goals down after the third quarter but put in a huge final 15 minutes to win 57—55. if england beat new zealand later on tonight, they'll face jamaica in the semifinal on saturday. elsewhere, wales may not have made
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it to the semifinals, but they got their second win in pool a, beating barbados 60—aa. it's an improvement on the 2018 competition, where they didn't win any of their pool matches. as ever, you can follow all the latest on the commonwealth games on iplayer. maupay in the next hour but for now, back to you. the bbc has confirmed it had have a number of historical complaints of the context of tim westwood. there were reports of allegations of unexpected and unwanted sexual touching and sexual misconduct made by a number of women against the presenter. the corporation said it was in receipt of several allegations against him westwood in 2012. as a result, it's asked for an
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external investigation to be conducted by a barrister into what it new. chi chi uzundu joins me in the studio now the bbc said it received complaints before, during and after tim westwood's employment with the corporation. in a statement, the investigator said, corporation. in a statement, the investigatorsaid, in corporation. in a statement, the investigator said, in light of the bbc�*s internal review, i believe there may have been occasions in the past where the bbc is sure to have further explored issues that were being raised. so, to go through what the internal report says, the corporation says the allegations range from inappropriate comments to allegations of sexual misconduct. two of those allegations of sexual misconduct were received in 2012, in the wake of the uncovering of the jimmy sample abuses. one of those complaints was reported as
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inappropriate comments that tim westwood is alleged to have made to a 15—year—old girl. that was reported to police in 2012 and in 2013, the police said they were taking no further action. so, the bbc feels the issues they have uncovered as part of this internal review are serious enough to instigate an external review. they are now going to appoint an external barrister to conduct that. the bbc says that in the timeframe of today's reports, which has only been a number of weeks, i believe, it can't be sure it has looked at everything. they are formally going to ask people if anyone has any evidence, please come forward and lets us know as part of this external investigation. the bbc also says it is happy to work with other employers are have employed him westwood. we know he worked at capital radio before he started his career at the bbc and after, capital
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radio is owned by global. was also employed by mtv and separately, mtv said that although it hasn't received any complaints, it too has launched an internal review. hagar received any complaints, it too has launched an internal review. how did we aet launched an internal review. how did we get here? — launched an internal review. how did we get here? back _ launched an internal review. how did we get here? back in _ launched an internal review. how did we get here? back in november, - launched an internal review. how did we get here? back in november, i i we get here? back in november, i submitted a _ we get here? back in november, i submitted a freedom _ we get here? back in november, i submitted a freedom of— we get here? back in november, i i submitted a freedom of information request to the bbc asking about any complaints they had against tim westwood. its response was we can neither confirm nor deny that they hold any information. eye appeal that response and it upheld its we can neither confirm nor deny response. we then broadcast our first documentary featuring the seven accounts of unexpected and unwanted sexual touching and sexual misconduct against tim westwood in april. at the time, he he strenuously denied those allegations. because the bbc had upheld my freedom of information
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request response, they cannot confirm nor deny they had any complaints, i took that to the information commissioner's office. the of the information watchdog, if you like. it was then the bbc said it had received six complaints, one of which way that no one know was serious enough to refer to the police. we have also had an 18th woman come forward to detail allegations of unwanted sex with tim westwood. we put those allegations to him he has not responded. thank ou. let's return now to the cost of living and in particular, the impact that rising interest rates could have on businesses, amid a warning from the bank of england that the uk is heading
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towards a recession. joining me now is the national chair of the federation of small businesses, martin mctague. thank you forjoining us. what are concerns about how this will affect small businesses? we concerns about how this will affect small businesses?— concerns about how this will affect small businesses? we understand that the bank has — small businesses? we understand that the bank has to — small businesses? we understand that the bank has to get _ small businesses? we understand that the bank has to get a _ small businesses? we understand that the bank has to get a grip _ small businesses? we understand that the bank has to get a grip on _ the bank has to get a grip on inflation but are you think that makes the need for support even more urgent. when you think that inflation for businesses is currently running at double the headline rate, fuel costs have accelerated, the cost of labour has increased dramatically, materials are costing more, and then look at loans, most loans, in contrast to consumers, are not fixed, and that means commercial loans are going to increase dramatically. these have serious consequences. the most vulnerable businesses, those that have hung on by theirfingernails from the covid process, are now extremely vulnerable and are going to be under a lot of pressure. it
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also means demand is going to be depressed, so those businesses that were looking for an increase in demand in the next few months are now going to find it a lot more difficult. ithink now going to find it a lot more difficult. i think the government can take urgent action to correct some of these things. businesses have already _ some of these things. businesses have already been _ some of these things. businesses have already been through - some of these things. businesses have already been through the . some of these things. businesses. have already been through the mill with the pandemic, so given this, do you have concerns about how many will simply go under in the coming months and years? that will simply go under in the coming months and years?— months and years? at the last estimate that _ months and years? at the last estimate that the _ months and years? at the last estimate that the ons - months and years? at the last estimate that the ons did, . months and years? at the last i estimate that the ons did, they months and years? at the last - estimate that the ons did, they put it at a0% of businesses were trying to survive on less than three months worth of cash. there are businesses that are particularly vulnerable in places like retail, hospitality and leisure. you're talking about hundreds and thousands of businesses now that are very, very close to losing their grip on business
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survival. i think it's so important that the government steps up and there are clear things they can do, they can reverse the cut in national insurance, they can take away some of these profit costs that they impose on businesses, like business rates and the cost of fuel, the fuel levy. that are practical things they can do to try to ameliorate this increase. ~ :, :, : :, , can do to try to ameliorate this increase. ~ :, :, , :, increase. we have a couple of candidates — increase. we have a couple of candidates vying _ increase. we have a couple of candidates vying for _ increase. we have a couple of candidates vying for the - increase. we have a couple of candidates vying for the role i increase. we have a couple of| candidates vying for the role of prime minister, who do you have the most confidence in in terms of helping businesses get through this difficult time? took to be helping businesses get through this difficult time? tool— difficult time? took to be fair, i don't think— difficult time? took to be fair, i don't think there _ difficult time? took to be fair, i don't think there are _ difficult time? took to be fair, i don't think there are many - difficult time? took to be fair, i - don't think there are many business owners in these difficult times watching the twists and turns of the conservative leadership race but it is clear one of the candidate seems to take phase issues a lot more seriously and they are talking about cuts in national insurance and i
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think that is a very clear signal that it think that is a very clear signal thatitis think that is a very clear signal that it is urgent, they need to take action and it cannotjust be business as usual. t action and it cannot 'ust be business as usual. :, , :, :, business as usual. i imagine you are referrin: business as usual. i imagine you are referring to — business as usual. i imagine you are referring to liz _ business as usual. i imagine you are referring to liz truss _ business as usual. i imagine you are referring to liz truss there? - business as usual. i imagine you are referring to liz truss there? liz - referring to liz truss there? liz truss has _ referring to liz truss there? l z truss has made it clear she sees this as a priority so i leave other people to reach their conclusions. thank you for your time. that was martin mick tait, the national chair of small businesses. ofgem has announced that changes to the energy price cap will be made every three months, rather than the current six. the energy regulator says the move will allow prices to reflect changes to wholesale gas and electricity costs more quickly and accurately. from dr carole nakhle, an energy economist and the ceo of crystol energy. let me get your response to that, what difference will the reduction
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of that time period make? big of that time period make? egg organisations such as central banks, opec, and the main problem is a certain level of volatility we are seeing in global energy markets, and this requires a different approach, taking it step—by—step, rather than making commitments over a longer period and in whatever commitment you make, they turn out to be inappropriate because market conditions have changed drastically. this is where ofgem's decisions coming from, being able to follow and trace rapid developments in the global energy markets. th and trace rapid developments in the global energy markets.— global energy markets. in terms of im act on global energy markets. in terms of impact on consumers, _ global energy markets. in terms of impact on consumers, many - global energy markets. in terms of impact on consumers, many might| global energy markets. in terms of i impact on consumers, many might be global energy markets. in terms of - impact on consumers, many might be a bit worried because of this shorter term of time period may affect budgeting? tt term of time period may affect budgeting?— term of time period may affect buduuetin? , :, , , term of time period may affect budaaetin ? , :, , , :, budgeting? it is worrying but we are livin: in budgeting? it is worrying but we are living in very — budgeting? it is worrying but we are living in very concerning _ budgeting? it is worrying but we are living in very concerning times. - budgeting? it is worrying but we are living in very concerning times. we. living in very concerning times. we are talking about an energy crisis
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which has been exacerbated by a geopolitical crisis but also it goes to the pre—pandemic and post—pandemic policies and reaction, so we have a crisis such as consulting for everyone, let alone we are faced with new decisions that change the timeframe. this can be a good thing because if there is a slowdown in growth in energy prices, this means ofgem can revisit its decision of raising the cap. but with our decision of raising the cap. but with your perspective on what the global energy prices are doing, surely you must think it's looking more likely they will increase rather than go down? tlat rather than go down? not necessarily. _ rather than go down? not necessarily. with - rather than go down? ttrrt necessarily. with gas, there is a risk they will increase further, especially over the winter season, but it depends on the economic outlook as well. if there is a slowdown in economic activity, you will have less industry, less factories, people not spend as much as before, so that is an important
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factor. but look at oil prices, today, all prices are lower than what we saw in march, so it's not a fait accompli where prices are necessarily going to continue to go up, they may go higherfurther but they can also go down, particularly if the economic fears of a global recession materialised. t if the economic fears of a global recession materialised.- if the economic fears of a global recession materialised. i think its well it's partly — recession materialised. i think its well it's partly a _ recession materialised. i think its well it's partly a timing _ recession materialised. i think its well it's partly a timing thing - recession materialised. i think its well it's partly a timing thing and| well it's partly a timing thing and that this would mean any price increase just smack i'm appreciate you are saying prices won't necessarily go up and — but it does, it will hit consumers injanuary, in winter, when there using more energy and it will affect the more anyway. using more energy and it will affect the more anyway-— using more energy and it will affect the more anyway. what i'm going to sa will the more anyway. what i'm going to say will not — the more anyway. what i'm going to say will not be _ the more anyway. what i'm going to say will not be popular _ the more anyway. what i'm going to say will not be popular among - the more anyway. what i'm going to say will not be popular among many| say will not be popular among many people but this is rational thinking, let's put it this way. we should not always see high energy prices is a bad thing and in fact, the imf published a study recently asking governments in europe not to
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shield customers from the rising energy prices, because that's the way we achieve sick greater energy conservation, a faster transition to a greenerfuture. but of conservation, a faster transition to a greener future. but of course, cover and should be able to protect low income households, those that are less privileged. in that respect, high energy prices are worrying and no—one likes to pay them, i don't like to pay them, but they may be the answer we need to they may be the answer we need to the way we use our energy and find better alternatives. bud the way we use our energy and find better alternatives.— better alternatives. and briefly, i know ou better alternatives. and briefly, i know you have — better alternatives. and briefly, i know you have acknowledged - better alternatives. and briefly, i | know you have acknowledged that better alternatives. and briefly, i - know you have acknowledged that what your saying won't necessarily be popular, but people have commented on how this can be squared with the record profits that have been made by energy companies? t record profits that have been made by energy companies?— by energy companies? i know this sounds pretty _ by energy companies? i know this sounds pretty unfair— by energy companies? i know this sounds pretty unfair because - by energy companies? i know this. sounds pretty unfair because those oil & gas uk companies are those we see is damaging the environment are making huge profits and consumers are suffering but it is not like one
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is because the other, they are about consequences of global developments in energy markets, so i wouldn't blame the energy crisis i would just hope they use the high profits wisely and at best to bring in more supplies of oil and gas and invest in green energy. supplies of oil and gas and invest in green energy-— in green energy. thank you very much. a corner shop in scunthorpe lost about a thousand pounds' worth of chocolate after its air conditioning failed to cope during the recent heatwave. but the community has come together to help. an online appeal by the daughter of the shop owners has reached thousands of pounds. and i'm pleased to say we can speak to the daughter claire york now. thank you forjoining us. first of all, how did this happen? we knew the heatwave was coming, could anything have been done to prevent this? tn anything have been done to prevent this? , , :, :, this? in hindsight, hindsighta great thin , this? in hindsight, hindsighta great thin, hoe this? in hindsight, hindsighta great
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thing, hope through _ this? in hindsight, hindsighta great thing, hope through the _ this? in hindsight, hindsighta great thing, hope through the air - this? in hindsight, hindsighta great thing, hope through the air would i thing, hope through the air would have worked, if the fridges just couldn't keep up and were blowing out warm air, things would have been different, we might have got to be popped out in the chocolate in, but hindsight is a great thing. haifa popped out in the chocolate in, but hindsight is a great thing.— hindsight is a great thing. how did our hindsight is a great thing. how did your parents _ hindsight is a great thing. how did your parents react _ hindsight is a great thing. how did your parents react when _ hindsight is a great thing. how did your parents react when this - your parents react when this happened, it must have been horrifying when it sank in? absolutely. my mum was devastated, the more they took off the shelf, the more they took off the shelf, the worse it was getting, more and more chocolate was going in the bin, and then half price, just selling off damage sock. she was mortified, bless her, really upset. is someone with a sweet tooth, a chocolate is absolutely unacceptable! but this had a real financial impact?— financial impact? massive. even thou . h financial impact? massive. even though the _ financial impact? massive. even though the loss _ financial impact? massive. even though the loss is _
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financial impact? massive. even though the loss is around - financial impact? massive. even. though the loss is around £1000, financial impact? massive. even - though the loss is around £1000, to restart, you have to buy the whole box again, so you're looking at triple the amount to restock the shelves. so, a lot of money. itrufhat shelves. so, a lot of money. what made you — shelves. so, a lot of money. what made you decide _ shelves. so, a lot of money. what made you decide to _ shelves. so, a lot of money. what made you decide to try _ shelves. so, a lot of money. what made you decide to try this - shelves. so, a lot of money. what made you decide to try this online approach? made you decide to try this online a- roach? , ., made you decide to try this online auroach? , :, : :, approach? they do so much for the community. _ approach? they do so much for the community. i— approach? they do so much for the community, i really _ approach? they do so much for the community, i really thought, - approach? they do so much for the community, i really thought, it's i community, i really thought, it's about time, they take some help. they won't ask for themselves, so i thought i would just do it. i spoke to some friends who said they would donate, so i thought, yeah, i'll try it and see where it goes. did donate, so i thought, yeah, i'll try it and see where it goes.— it and see where it goes. did the reaction take _ it and see where it goes. did the reaction take you _ it and see where it goes. did the reaction take you by _ it and see where it goes. did the reaction take you by surprise? i reaction take you by surprise? absolutely, yeah. ithought, if we get a couple of hundred pounds, just to help a car sign out, just to get them on the shelves, there will be great, but overwhelming. bud them on the shelves, there will be great, but overwhelming. and your arents great, but overwhelming. and your parents must _ great, but overwhelming. and your parents must be _ great, but overwhelming. and your parents must be so _ great, but overwhelming. and your parents must be so proud - great, but overwhelming. and your parents must be so proud to. - great, but overwhelming. and your parents must be so proud to. you i parents must be so proud to. you definitely win some brownie points as a daughter!—
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as a daughter! yeah, definitely! some chocolate! _ as a daughter! yeah, definitely! some chocolate! brilliant, - as a daughter! yeah, definitely! some chocolate! brilliant, i- as a daughter! yeah, definitely! . some chocolate! brilliant, i hope ou aet some chocolate! brilliant, i hope you get rewarded _ some chocolate! brilliant, i hope you get rewarded in _ some chocolate! brilliant, i hope you get rewarded in chocolate i some chocolate! brilliant, i hope. you get rewarded in chocolate that is not the melted kind, that goes gloopy and weird! thank you for speaking to us, it is great to have some positive news and the generosity of the community. trufe’d generosity of the community. we'd like to say thank— generosity of the community. we'd like to say thank you _ generosity of the community. we'd like to say thank you to _ generosity of the community. 99 like to say thank you to everyone who has donated, it's been absolutely amazing.- who has donated, it's been absolutely amazing. thank you for s-ueakin absolutely amazing. thank you for speaking to _ absolutely amazing. thank you for speaking to us. — absolutely amazing. thank you for speaking to us, claire. _ absolutely amazing. thank you for speaking to us, claire. thanks! i disposable facemasks are blighting birdlife in 23 countries around the world — that's the finding from an online project called birds and debris, in which people submitted photos and reports of birds nesting or entangled in rubbish. scientists collecting and studying the images say birds in almost every continent are now living in our litter. our science correspondent victoria gill reports. a grim but familiar sight in many urban waterways. how many different types of plastic are just floating here? yeah, i can see easily, one, two, three, four, five, six, seven...
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seven or eight different kinds of plasticjust here. and it's the wildlife that inhabits these waterways that's living with and living in our rubbish. these images, submitted by members of the public and collected by scientists, show the global extent of the problem. scientists asked people to upload photographs and reports of birds tangled or nesting in rubbish. we've got about a00 reports covering every continent except antarctica, so, yeah, literally everywhere. and then covid happened and all of a sudden we had all of the submissions of facemasks, surgical gloves. is, say, a mask or a ppe item, is that more of an environmental problem than a plastic bag or a plastic bottle? yeah, so masks is not just one thing. you think about you've got the ear loops which are made of elastic, you've got sheeting on them, you've got the rigid piece of flexible plastic that, you know, fits over your nose, so you've got a whole bunch
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of ways that wildlife can seemingly interact with it. bird cheeps. in some cases, like this one in stratford—on—avon, nature lovers have been able to help. hey, come on, buddy. 0h, perfect, well done. there we go. but this project shows the surge in pandemic—related waste that's ending up in our environment. scientists say the systems we have for managing that waste can't cope and that wildlife and wild spaces are bearing the consequences. why would you spend 70 million dollars on making a film and then decide not to release it?
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that's what the movie world is wondering after warner brothers scrapped their new batgirl release filmed in glasgow in scotland. you'd think the movie would have to pretty bad, although there could be other factors as involved. reporting scotland's david farrell has the story. kelvingrove, george square and glasgow's merchant city were just some of the locations used for what should have been the latest dc comics movie, batgirl. the film, starring leslie grace and michael keaton, was due to be released in cinemas and on the streaming platform hbo max later this year, until overnight warner brothers scrapped its release, leaving fans disappointed. i am very disappointed as a dc fan and a fan of the character, hoping to see this character on the screen with hbo. also on a personal level and as a latino, having a latina actress in leslie grace leading this film, it hurts on a personal level because there is a lack of representation for the latino community within hollywood. with a budget of more than $70 million, warner brothers said the decision not to release the film was due to a strategic shift under new leadership, ultimately meaning the company
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is investing in movies made for the cinema rather than streaming, a decision that has surprised the industry. i am quite shocked and i think it is quite gut—wrenching for the people who worked on it, in terms of crew in scotland, i think it is sad but things go on and you continue to find work and there is still lots of production going on, so that's a good thing. batgirl was a big deal for glasgow,and it brought almost 2000 jobs to the local film industry, and streets like this were transformed into hollywood film sets. but was it worth it for local businesses? it was a bit of an upheaval from a business point of view, but it was still fun, it was fun to have it all in the street and have all the goings—on. i feel as if it is a slap. in the face to us, all the tourism that the council was saying the movie would bring in, - that is not going to happen. so they spent £150,000 - to the film crew, that is lost. i hope they have got something in the small print that they geti
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that back. glasgow city council offered warner brothers a £150,000 support grant to film in the city, and today they confirmed that money has not yet been paid to the film studio and discussions are ongoing. so, whilst we won't see batgirl 2 swooping into glasgow anytime soon, it won't be the last bit of hollywood to come to town. hosepipe bans come into force across parts of hampshire, the isle of wight tomorrow and further bans across southeast england next week. it is, of course, down to the dry weather. look at england as a whole, throuthanuary tojuly, only two thirds of the normal rainfall. but back in 1976, it was even drier than that. there is no rain in the forecast, bone dry for the next five days across a majority of england again and i don't see much rain falling next week either, so this extended period of dry weather is set to continue.
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today, plenty sunshine across england and wales but in scotland and northern ireland, more of a mixture with passing showers, the majority of those to the north of northern ireland, across the hebridian islands in scotland as well. temperatures into the high teens, a fresher feel to the weather in the sunshine across east anglia and southeast england, a more pleasant feel. overnight tonight, we will perhaps get showers in north wales. the further south, the drier the weather is, no rain expected and clear skies. a comfortable night's sleep and a fine start tomorrow. fine weather on the cards, for most of england and wales, also with sunshine, northern scotland to perhaps some of northwest of england seeing the showers and the temperature similar as well for friday. looking at the weather for the commonwealth games, the athletics tomorrow looking fine here with the temperature around 20 degrees, perfect
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conditions for the athletes. for the weekend, a change for the far north of scotland with the weather threatening thick cloud and a little rain, winds picking up. perhaps more cloud for northern ireland and parts of northern england but for the bulk of england and wales, a fine and sunny day with temperatures up to 27. through sunday and into next week, this area of high pressure becoming more expansive across the uk, so the weather becoming drier and a lot warmer as well, if not hot. temperatures back in to at least the low 30s in parts of southeast england and for wales. the warmth starting to spread to northern ireland and scotland as well.
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this is bbc news. the headlines: the bbc has announced an independent review into the allegations surrounding tim westwood and his conduct when he worked for the company. a double warning from the bank of england. it says a recession is coming and inflation could peak at 13% by december. gdp growth in the uk has slowed and the economy is now forecast to enter a recession later this year. meanwhile, interest rates rise by half a point to 1.75% — the biggest for nearly 30 years. some firms say the bank's decision is concerning. it's crippling. interest rate rises are something that could really stop are something that could really stop a small— are something that could really stop a small business like us.
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a high court hearing is set to begin in the next hour to determine whether archie battersbee can be moved to a hospice. china launches several ballistic missile tests into waters around taiwan following a senior us leader's divisive visit to the island. in response taiwan scrambled jets to warn away the aircraft. the bbc has confirmed it had a number of historical complaints regarding the conduct of a former bbc radio1 regarding the conduct of a former bbc radio 1 dj tim westwood, following an internal review after investigations by the busyness and the guardian reported allegations of unexpected and unwanted sexual touching and sexual misconduct made by a number of women against the
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presenter. the corporation has asked for an external review to be conducted to explore what it new. the bbc�*s actual director—general said, in light of the bbc�*s internal review, i believe there may have been occasions in the past when the bbc should have further explored issues that were being raised. just to go through what the internal report actually says, the corporation says the allegations range from inappropriate, darron inappropriate comments to allegations of sexual misconduct. two of those allegations of sexual misconduct were received in 2012 in the wake of the uncovering of the jimmy savile business was not one of thoseis jimmy savile business was not one of those is reported as inappropriate comments that tim westwood is alleged to have made a 15—year—old girl. that was reported to police in 2012, and in 2013, the police said
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they were taking no further action. so the bbc feels the issues they have uncovered as part of this internal review are serious enough to instigate an external review. they are now going to appoint an external barrister to conduct that. the bbc says that in the timeframe of today's report, which has only been a number of weeks, i believe, it can't be sure it's looked at everything, so it wants more time to look at everything. they are formally going to ask people if anyone has any evidence, please come forward and let them know as part of this external investigation. the bbc says it is also happy to work with other employers who may have employed tim westwood. we know he worked at capital radio before he started his career at the bbc and after, that is owned by global. he was also a presenter for mtv, he presented pimp my ride. and
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separately mtv said that though it has not received any complaints, it, too, has launched an internal review. : :, m review. and how did we get here? so back in november, _ review. and how did we get here? so back in november, i— review. and how did we get here? so back in november, i submitted i review. and how did we get here? so back in november, i submitted a i back in november, i submitted a freedom of information request to the bbc asking about any complaints that they had against tim westwood. its response was, "we can neither confirm nor deny and". there is then a documentary with accounts of allegations against tim westwood in april, and he strenuously denied the allegations at the time is not because the bbc had upheld my freedom of information request response, as they cannot confirm nor deny they had any complaints, i took that to the information commissioner's office. the
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information watchdog, if you like. and it was then that the bbc said it had received six complaints, one of which we now know was serious enough to refer to the police. we also have had an 18th woman come forward to detail allegations of unexpected and unwanted sex of tim westwood. we put those allegations to him, he has not responded to us for any comment. the bank of england has predicted that the uk is set to enter a recession this autumn lasting more than a year. the bank says inflation is likely to peak at 13% by december — and — today it has announced the largest rise in interest rates for 27 years. the 0.5% hike means that interest rates now stand at 1.75%. the move is part of attempts to curb spiralling inflation, by making borrowing more expensive and discouraging spending. but it means mortgages and loans will be more expensive for millions of people, as andy verity reports.
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rarely has the bank of england given out an economic warning this unsettling. it's not only forecasting the worst inflation in a0 years, hitting 13% in the next few months, but a full—blown recession starting this autumn. that means it expects buying and selling activity to start shrinking and carry on for the whole of next year. the risks around the mpc�*s forecasts are exceptionally large at present. the source of these risks and the driver of most of the revisions to our forecasts since the may report is overwhelmingly energy prices and the consequences of the actions of russia. this rise in energy prices has exacerbated the fall in real incomes and so led to another significant deterioration in the outlook for activity in the uk, and in the rest of europe. gdp growth in the uk has slowed and the economy is now forecast to enter recession later this year. these were what prices looked like the last time the official interest rate rose by as much half
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a percentage point, 28 years ago. back then they were rising much more slowly than now — barely a third as quickly. the official interest rate is now higher than it has been for 13 years, but only because rates have been so low for so long. if you look back further to the last time the rates went up by 0.5% in 1995, the rates were three times what they are now. i recognise the significant impact this will have and how difficult the cost of living challenge will continue to be for many people in the uk. inflation hits the least well off hardest. but if we do not act to prevent inflation becoming persistent, the consequences later will be worse. and that will require larger increases in interest rates. the bank of england's hope is raising interest rates and making it more expensive to borrow will discourage firms and households from borrowing to buy and invest, dampening down demand for goods and cooling an overheating economy.
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but small businesses like this manufacture of specialised bubble toys in bangor, north wales, say ongoing hikes in interest rates could slow down business, hitting growing businesses like this, making any recession worse. it is crippling, interest rate rises are something that could really stop a small business like us, who are ambitious, timely, and doing our absolute best, and they could stop this growth or stymie it, or curtail it, at a time when we need to be making changes. only about 1.9 million households, less than a tenth, have mortgages with variable rates. if they have a typical mortgage of £200,000, they will pay £59 more a month. but a further 1.3 million mortgage borrowers will move off fixed rate deals this year, and they are also likely to pay more. if raising interest rates is aiming to curb household spending to help tame inflation,
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energy bills are already doing that on a much greater scale, leading to a rare and nasty combination of soaring inflation and impending recession. our economics correspondent andy verity there. the chancellor of the exchequer nadhim zahawi has already issued a statement in response. our economics editor faisal islam has been speaking to the governor of the bank of england, andrew bailey.
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we've been hit by a very, very severe shock and that shop is coming through energy prices, i'm afraid we got to be blunt about this, it's coming from the actions of russia. so when you look at what's happens to gas prices since may when we did our last forecast, this is a very big impact, as has been reflected in what ofgem announced this morning, and i'm afraid that its course is passing through, passing directly into inflation, but it will have an effect on the economy, i'm afraid, as you say, yes, we are forecasting as you say, yes, we are forecasting a recession. 50 as you say, yes, we are forecasting a recession-— a recession. so you're blaming russia for— a recession. so you're blaming russia for that. _ a recession. so you're blaming russia for that. but _ a recession. so you're blaming russia for that. but you - a recession. so you're blaming russia for that. but you know, j russia for that. but you know, economic policies set here. some would argue that of the biggest interest rate rise in over a quarter of the century, at the very same moment is predicting a significant recession. itrufhat the very same moment is predicting a significant recession.— significant recession. what i would sa to that significant recession. what i would say to that is _ significant recession. what i would say to that is that _ significant recession. what i would say to that is that our _ significant recession. what i would say to that is that our concern i significant recession. what i would say to that is that our concern is i say to that is that our concern is to ensure that this very big shock thatis to ensure that this very big shock that is going to hit inflation, is going to hit people of course this winter, doesn't then get embedded into the system. that's the real
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concern we have. we are seeing that around the country look, we are still seen from sing to me that they feel they can set prices quite aggressively, so we are concerned about that and that's what we're trying to head off, and i'm afraid the really blunt message i have to give on that is that if that does become more embedded, the problem gets worse, we will have high inflation for longer, and the bank of england will have to raise rates higher than we would otherwise do. your warnings have been cited by numerous politicians as white maglite public—sector pay shouldn't go maglite public—sector pay shouldn't 9° up maglite public—sector pay shouldn't go up by more than 5%, == maglite public-sector pay shouldn't go up by more than 5%,— go up by more than 5%, -- wide ublic go up by more than 5%, -- wide public sector _ go up by more than 5%, -- wide public sector pay _ go up by more than 5%, -- wide public sector pay and _ go up by more than 5%, -- wide public sector pay and go - go up by more than 5%, -- wide public sector pay and go back, i go up by more than 5%, -- wide. public sector pay and go back, do you like that? tim public sector pay and go back, do you like that?— you like that? i'm not making a oint you like that? i'm not making a point about _ you like that? i'm not making a point about public— you like that? i'm not making a point about public sector - you like that? i'm not making a point about public sector pay, i you like that? i'm not making a i point about public sector pay, what i said the past is that there are very high wage increases, and by the way, the other part of that story, the important part of that story is price setting... but the important part of that story is price setting- - -— price setting... but 596 when inflation is _
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price setting... but 596 when inflation is ten, _ price setting... but 596 when inflation is ten, 11, _ price setting... but 596 when inflation is ten, 11, 1296...? | price setting... but 596 when i inflation is ten, 11, 1296...? the wa in inflation is ten, 11, 1296...? the way in which — inflation is ten, 11, 1296...? the way in which this _ inflation is ten, 11, 12%...? tt9 way in which this inflation gets embedded as if domestic price setting and domestic wage setting gets up to very high levels, and i will have to raise interest rates by more than otherwise, that's the point i want to emphasise. surely the big fear— point i want to emphasise. surely the big fear is _ point i want to emphasise. surely the big fear is if— point i want to emphasise. surely the big fear is if the _ point i want to emphasise. surely the big fear is if the government | the big fear is if the government gets in and borrowing lots of money and giving lots of fiscal giveaways, that will raise interest rates, that's just natural textbook economics, isn't it? t that's just natural textbook economics, isn't it?- that's just natural textbook economics, isn't it? i can see exactly where _ economics, isn't it? i can see exactly where that _ economics, isn't it? i can see exactly where that line - economics, isn't it? i can see exactly where that line of i exactly where that line of questioning is going to do what i would say is this, we condition our view on what is announced government policy, so we've got the budget from a while ago, and that's what we used to condition our view of the economy. central bankers do intervene. mervyn king used to talk about fiscal policy. are you saying there is no... nothing you can say about...? as the governor of an independent central bank it is not my place to intervene in a process that's going on at the moment, the
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dues both the next leader of the conservative party in the next prime minister, it would be wrong if i did that and i will not do it. i'm joined now by a visiting professor at the university of cambridge and monetary policy expert. thank you forjoining us. first, do you think the bank of england was right to raise interest rates and the rated?— rates and the rated? that's the million-dollar _ rates and the rated? that's the million-dollar question, - rates and the rated? that's the million-dollar question, isn't i rates and the rated? that's the. million-dollar question, isn't it? million—dollar question, isn't it? yes and no. i think they were right to raise interest rates but you can only look at the market's reaction to that. sterling dropped, because yields dropped, too, and that's most sensitive to interest rate expectations. the problem is that the bank of england has left it far too late. if you looked over the pond, they are a good 75 basis points ahead of the curve than the
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bank of england, and really, whatever the bank of england does now is far too late. so, yes, it's going to hit everyone, including businesses, and my problem is not only did they raise interest rates by 0.5%, but they then talk about a recession for five quarters, starting in q for. this is ludicrous at best. and it really should not have waited this long. what is it in particular you think is ludicrous? it's ludicrous to buy insurance because swaps market next year indicating cuts to interest rates, so rather than leaving it so late, maybe take a leaf out of the fmc�*s book and start raising interest rates quite dig earlier on, and
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maybe we would not have put into this stagflation environment which is basically where we are at, let's remind ourselves, stagflation is limp gross or negative growth, high prices, and all we need now is a spike in unemployment which makes it even worse, and andrew bailey can blame, you know, energy and russia, but he really has to look inwards at when he should have acted, which in my opinion should have been a lot sooner. ~ , my opinion should have been a lot sooner. 9 , :, , :, ~ my opinion should have been a lot sooner. 9 , :, i. ~ ~ my opinion should have been a lot sooner. 9 , :, ~ ~ :, sooner. why do you think the bank of encland sooner. why do you think the bank of england didn't _ sooner. why do you think the bank of england didn't act _ sooner. why do you think the bank of england didn't act sooner, _ sooner. why do you think the bank of england didn't act sooner, then? i england didn't act sooner, then? sorry, can you repeat the question? why do you think action wasn't taken sooner? 9 :. , why do you think action wasn't taken sooner? 9 , :, , :, , why do you think action wasn't taken sooner? , :, , :_ , sooner? well, camp transitory, maybe that's a reason. _ sooner? well, camp transitory, maybe that's a reason, some _ sooner? well, camp transitory, maybe that's a reason, some of _ sooner? well, camp transitory, maybe that's a reason, some of the _ that's a reason, some of the derivatives, looking at inflation, still indicated that inflation may not be infringed or softening, and sitting on the fence, perhaps. i'm not so sure that if you look around at all the other central banks, they
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were acting quite quickly, a lot quicker can actually come in the fmc's quicker can actually come in the fmc�*s instance, i am not actually really sure why this wasn't, you know, than earlier. the hit to businesses and growth is a potential, plausible reason, but still, you really have to weigh up the pros and cons. but it really is, we are in a pretty vulnerable state, and talking about recessions, in qa does not help. t and talking about recessions, in 04 does not help-— and talking about recessions, in 04 does not help. i appreciate you feel action could — does not help. i appreciate you feel action could have _ does not help. i appreciate you feel action could have been _ does not help. i appreciate you feel action could have been taken - does not help. i appreciate you feel. action could have been taken sooner, but now interest rates have gone up, how much difference do you think it will make, how much help will it provide? tt will make, how much help will it rovide? ,:, provide? it will give some confidence _ provide? it will give some confidence to _ provide? it will give some confidence to the - provide? it will give some confidence to the market. provide? it will give some i confidence to the market. not provide? it will give some _ confidence to the market. not maybe today because the market's reacted really badly on this hunk. but it will set aside some confidence for the expectations on inflation, because, you know, part and parcel
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is the demand supply of inflation, but also, it's the expectations of inflation in the near to long—term. if businesses take a look at this hike and are confident that things will cool down, then inflation will start to peak and lower. but i do agree at double digits into the 13% by the end of qa, that's our bottom line. 9, ~' i. by the end of qa, that's our bottom line. :, ,, i. :, i. :, , the headlines on bbc news... the bbc has announced an independent review into the allegations surrounding tim westwood and his conduct when he worked for the company
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a double warning from the bank of england. it says a recesion is coming and inflation could peak at 13 percent by december meanwhile, interest rates rise by half a point to 1.75 percent — the biggest for nearly 30 years. some firms say the bank's decision is concerning. a high court hearing is under way to determine whether archie battersbee can be moved to a hospice. doctors have warned he's too ill to be transferred, but his family have said they will "fight to the end" to allow him to die with dignity. they will "fight to the end" helena wilkinson reports. they will "fight to the end" for nearly four months, archie battersbee has been at the centre of a lengthy legal battle. now the family has acknowledged it has come to an end, they have one final wish — for archie to be moved to a hospice where they can say goodbye privately. every single day of archie's life, i have told him i love him. i have no regrets with archie whatsoever. every single day i tell that little boy i love him. for that to happen, they need the
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permission of the court. earlier archie's family filed an application to the high court. but lawyers for barts health nhs trust, which runs this hospital where archie is being treated, say any application to transfer the 12—year—old would be opposed. the trust believes his condition is unstable and moving him even a short distance would create significant risk. archie has been in a coma since he was found unconscious at his home in april. doctors say it is highly likely archie is brain stem dead and there is no hope of recovery. the hospital says it has archie's best interests at the forefront of its care. after careful thought, we refuse permission... in a series of court rulings, ten judges agreed his treatment should be withdrawn. yesterday the european court of human rights refused to intervene in the case after an application by archie's parents. this is not the first high—profile case where doctors and families have disagreed.
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one would understand archie in the minds of the family is still alive and they don't want to lose their boy. so i think sadly that happens, however, those kinds of disconnects are relatively rare. his parents now face another wait to find out if they will be able to move their son to a hospice where they can say goodbye. helena wilkinson, bbc news, royal london hospital. taiwan has scrambled jets to warn away 22 chinese aircraft in its air defence zone, the taiwanese defence ministry has announced. taiwan also says china has fired several ballistic missiles in the waters around the island, as part of beijing's biggest ever military exercises in the area china announced the drills in response to a visit to taiwan by the american democrat politician, nancy pelosi. the exercises stop ships and planes from using maritime and air space. taiwan says they amount to a blockade. our china correspondent stephen
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mcdonell has more from beijing. in volley after volley, missiles were fired into the waters off taiwan and, according to the people's liberation army, hit their targets. attack helicopters flew past pingtan island, one of china's closest points to taiwan. after assembling for days, china's military has staged massive live fire exercises, in a dramatic escalation of pressure on a place it considers a rogue province. these are normally busy shipping lanes, but in six huge areas surrounding the island, commercial vessels and aircraft are warned not to approach what looks like a dress rehearsal for a blockade of taiwan. some have asked whether the pelosi visit was worth it, given that taiwan's security appears to have deteriorated as a result. but many taiwanese say
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they are used to such tensions. translation: basically, - i am not afraid of the threats from china because, at least right now, when china says it wants to annex taiwan by force, they have actually said that for quite a while. translation: i think i am already used to the threat from china i and i have accepted it. actually, taiwan cares more about the economy. the chinese government has been encouraging strident nationalist condemnation of nancy pelosi and taiwan. this could, though, lead to calls for more extreme military options, more extreme than it's prepared to consider, and that could bring its own political pressure on beijing. translation: i think this pelosi visit is a good thing. _ it gives us an opportunity to surround taiwan, then use this opportunity to take taiwan by force earlier than expected. i think we should thank comrade pelosi.
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translation: psychologically, i i think emotions are running high for chinese people when she came, but when we calm down and think about it, we must have faith in our motherland, in that they, the government, have already figured out a solution. for hardliners in china's communist party, the visit has provided the perfect excuse to ramp up military activity around taiwan. now that exercises have been carried out so close to the island, could this become a regular event? that would mean even more regional instability in the coming years. let's speak to our washington correspondent, gary o'donoghue. how likely are we to see things escalate from here? that's the big question, and everyone of course is hoping that it won't, but things are pretty serious. we had these crisis
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in the taiwan strait before, in fact, nissans have been fired before in the same way as they have been fired today, back in the mid—90s —— missiles have been fired. but it was a very different situation to the five years ago, the chinese power wasn't like it was now, relations weren't as bad, they were pretty good between the us and china, now there at a real low. and the provocation, as china sees it, of pelosi's visit has given them reason to show some muscle, that's exactly what they're doing and will be doing over the coming days. so the risks here of escalation are significant, not least because it may not, there may be nothing deliberate, there could be an accident or an encounter, an unplanned encounter, that spirals out of control. that's also a real possibility. so people are holding their breath over the situation of the next few days, there is no question about that. what has the white house said in response?
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what has the white house said in resonse? , :, , , , response? they have been pretty cuiet. i response? they have been pretty quiet- i mean. — response? they have been pretty quiet. i mean, the _ response? they have been pretty quiet. i mean, the secretary i response? they have been pretty quiet. i mean, the secretary of. quiet. i mean, the secretary of state, tony blinken, is on a visit to southeast asia at the moment and has been urging china not escalate this into a full—blown crisis, he says the administration is talking to beijing and is trying to ensure them that nothing has changed in us policy towards taiwan. that's not something that believed by the chinese government, but that's what he's been saying publicly. and so that's really been at the forefront, the problem for the americans is that as i said before, the military realities have changed. any kind of implied or implicit guarantees america has given to taiwan for its defence, and it does sell it a lot of defence capabilities, the calculation has changed because china is 100 miles away from taiwan and america is several thousand miles away. so defending taiwan is a huge proposition for the americans.
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and this all of course comes after nancy pelosi's visit. how much of that was an unnecessary provocation, and how much of it is just a red herring that's been used as an excuse by china?— herring that's been used as an excuse by china? herring that's been used as an excuse b china? 9 :, excuse by china? well, i mean, there are interestingly _ excuse by china? well, i mean, there are interestingly some _ excuse by china? well, i mean, there are interestingly some commentatorsj are interestingly some commentators here that believe it was an unnecessary provocation, it was a bit of a valedictory tour by nancy pelosi, who is 82, probably pretty likely to lose the speakership after the midterm elections in november, could be a bit of a swansong in that sense. so some people have criticised her. having said all that, republicans have backed her, that's unheard of in this country, for republicans to back anything nancy pelosi does. so there is political agreement that what she did was the right thing, even if perhaps the white house were a bit less keen on this visit, and certainly the pentagon wasn't very keen on this visit. so mixed
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messages depending on who you ask, but still, what everyone is unified about here is that she had a right to go, you know, china does not dictate, they say, which americans get to visit allies like taiwan. thank you. ofgem has announced that changes to the energy price cap will be made every three months, rather than the current six. the energy regulator says the move will allow prices to reflect changes to wholesale gas and electricity costs more quickly and accurately. energy giant shell is to give its workers a one—off 8% bonus after the company reported record profits from high oil and gas prices. most of its 82,000 staff worldwide will get the pay award but senior executives will be excluded. shell says the award reflects its financial success and is "not a response" to the rising cost of living. now it's time for a look at the weather with chris fawkes hello. with a hosepipe ban starting
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across parts of hampshire and the isle of wight tomorrow, we could really do with some rainfall but there's nothing for the rest of this week and i think even next week will stay bone dry as well. plenty of sunshine across england and wales for the rest of the day today, but for scotland and northern ireland, sunny spells and a few passing showers, the majority of the showers to the north of northern ireland, the hebrides, highlands, orkney and shetland, but otherwise a lot of dry weather. it will feel a lot less humid across east anglia and south east england this afternoon, so a much more pleasant feel to the weather, and a much more comfortable night's sleep ahead. the showers across scotland and northern ireland will continue overnight and will tend to spread to parts of north west england and north wales, as well, so there will be a little bit of rain at times here, temperatures 8—1a, so a comfortable night's sleep ahead. tomorrow, the weather is almost identical to today's weather. there'll be some showers across scotland and northern ireland, most of england and wales will stay dry, and temperatures will not change much either. that's the latest.
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hello, this is bbc news. the headlines: the bbc has announced an independent review into the allegations surrounding tim westwood and his conduct when he worked for the company. a double warning from the bank of england — it says a recesion is coming and inflation could peak at 13% by december gdp growth in the uk has slowed and the economy is now forecast to enter recession later this year. meanwhile, interest rates rise by half a point to 1.75%, the biggest for nearly 30 years. some firms say the bank's decision is concerning. a high court hearing is set to begin in the next hour to determine whether archie battersbee can be moved to a hospice. for moved to a hospice. 12 your order has been in a co since for 12 your order has been in a coma since april. china launches several ballistic missile tests into waters around taiwan following a senior us leader's divisive visit to the island.
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in response, taiwan scrambled jets to warn away aircraft. for a full round—up from the commonwealth games, here's our corresponded. it is always busy behind us here, fans watching the sport on the big screen and they have been particularly delighted in the last half an hour because england have got their first gold medal of the day, in the para powerlifting competition, accessible lift at 101 kilograms seeing her extend her lead at the top of the table, all the more impressive when you consider she considered giving up you consider she considered giving up the sport after the birth of her son. next to some drama in the
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main's road cycling time trial this afternoon where england won silver, wales' darren thomas taking bronze which was impressive when you consider this, thomas having a nightmare momentarily ornament, this crosscutting and precious seconds just as he was looking to avoid that final barrier, he crashed into it. that was then a moment of precious seconds west for him, no much better for england's dan beckham who also find also crashing into barriers, his sounds of birds tangled up and it got another bike ended up in 11th place. this man had a trouble—free ride and that got him gold. tt is ride and that got him gold. it is what it is, _ ride and that got him gold. it is what it is. my _ ride and that got him gold. it is what it is, my fault, _ ride and that got him gold. tt 59 what it is, my fault, one of ride and that got him gold. tit :9 what it is, my fault, one of those
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things. wejust what it is, my fault, one of those things. we just have to try and refocus and get stuck into the ride. it felt pretty good, probably a bit of adrenaline after the crash but i think to come away with a medal is ok in the end, i guess.— ok in the end, i guess. earlier, england's— ok in the end, i guess. earlier, england's anna _ ok in the end, i guess. earlier, england's anna henderson i ok in the end, i guess. earlier, england's anna henderson won ok in the end, i guess. earlier, i england's anna henderson won the first home nations medal today taking silver in the women's time trial, matching in result we saw in the men's, henderson impressing recently during the women's tour de france. she really did the same thing today across a 28.8km of wolverhampton's west park. henderson was 33 seconds behind the winner while new zealand's competitor finished third. next to hockey and declan's women have thrashed wales a 5-0 to
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declan's women have thrashed wales a 5—0 to qualify for the knockouts as group k winners. there was a hat—trick scored with two other players on targets, so england continued their unbeaten start here in birmingham, they will play the defending champions new zealand in the semifinals. wales have been beaten this afternoon by ntl a—1, that was the final match of the group stages meaning india qualify for the semifinals of the tournament alongside england. england's men are currently playing at canada, these are live pictures from the university of birmingham. england need to beat canada by four goals if they want to finish top of pool b to avoid australia but they have made a good start. second quarter, a—1 up, england, you can watch that on the
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iplayer. the first day of diving at the aquatic centre with the preliminary rounds are taking place ahead of the final tonight. home favourite, defending championjack lower wasn't perfect throughout a session, he got better as he went along and finished fourth overall, qualifying for the finals following the other english diver finishing just behind him. scholar's representative finishing just behind australia's. tt is representative finishing 'ust behind australia's. , , , , australia's. it is 'ust brushing the cobwebs off. — australia's. it isjust brushing the cobwebs off. offers _ australia's. it isjust brushing the cobwebs off. offers a _ australia's. it isjust brushing the cobwebs off. offers a are - australia's. it isjust brushing the cobwebs off. offers a are so i australia's. it isjust brushing the| cobwebs off. offers a are so many people here know i am coming happy justice appointing from england and the crowd behind everyone. i haven't had a massive crowd behind you for quite some time at now, especially an english crowd, and i wasn't exporting it to be that loud but rejected my strides, there are just some things to work through later.
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everyone who diving in the men's competition set to reach the final, but percent of quota can be, this is what happens when things go wrong. not the landing that this shrunken diver will want to remember. —— sri lankan diver. but he has got to speu lankan diver. but he has got to spell it up out of the way and have found can put on a much better performance. iplayer will keep you across everything that is happening today, we will have more in the next hour but it might not come back to you. the us basketball star brittney griner has told a moscow court that bringing cannabis into russia was an honest mistake. griner, an olympic gold medallist, admitted having vapour cottages containing cannabis oil in a procession in february but she said she hadn't attended to break the
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law. let's speak to our state department correspondent barbara plett usher, who's in washington. this was almost the toughest sentence brittney griner could have got, the charge of drug smuggling is one that has a sentence of up to ten years and she got nine years. we knew she would be convicted because she pled guilty, she said she had brought those vape cartridges then but it was a mistake, she hadn't meant to break the law, but the court found she had deliberately done so and that she was guilty of drug smuggling. the reason she pled guilty is that she was hoping for a more lenient sentence, that hasn't happened, and you can see for serious expression on her face as thejudge spoke and serious expression on her face as the judge spoke and she listened to her interpreter following every word, finally finding out what her fate would be. it may not be that she will serve all that time or even most of it because the united states has put forward a proposal to the russians to bring her back.
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presumably a prisoner swap, although that hasn't been confirmed, though we did get a statement from president biden, again repeating that she was wrongfully detained. he said the sentence was unacceptable and that russia should release her immediately and that his administration would continue to work as hard as it could to bring her and another american detained in russia, paulwhelan, home as her and another american detained in russia, paul whelan, home as soon as they could. th russia, paul whelan, home as soon as the could. , :, :, they could. in terms of what the president has _ they could. in terms of what the president has said _ they could. in terms of what the president has said in _ they could. in terms of what the president has said in that - they could. in terms of what the i president has said in that statement which we have seen, is there much scope for that to happen? what's the capacity for the president to be able to do that? taste capacity for the president to be able to do that?— capacity for the president to be able to do that? we know there are serious negotiations _ able to do that? we know there are serious negotiations around - able to do that? we know there are serious negotiations around this. i serious negotiations around this. state department took the almost unprecedented step of a couple of weeks ago in a couple of weeks ago in announcing publicly it had made a substantial offer to the russians was waiting to hear back. we know the russians interested in negotiation that, according to
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russian media, their interest in bringing back, for example, a russian arms dealer who is imprisoned in the united states but we don't have any indication from the russians about how quickly they might move on that or whether they are going to wait for a while and see if they can get more out of it. secretary blank and said these talks were based entirely on a deal to bring griner and were based entirely on a deal to bring grinerand mr were based entirely on a deal to bring griner and mr whelan home but they had nothing to do with the war on ukraine and we will see whether the russians are wanting to get something more to it, perhaps some sanctions lifted, maybe try to get more prisoners released. it's not clear if that is indeed their objective but we are waiting now to see now that the sentence has begun on the court has made its ruling whether things will move quickly or whether things will move quickly or whether the russians will continue to wait. 9, ~ whether the russians will continue to wait. :, ,, , :, whether the russians will continue to wait. :, ,, i. :, whether the russians will continue to wait. :, ,, :, :,
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more now on our top story. the bank of england has predicted that the uk is set to enter a recession this autumn, lasting more than a year. the bank says inflation is likely to peak at 13% by december and today it has announced the largest rise in interest rates for 27 years. the 0.5% hike means that interest rates now stand at 1.75%. the move is part of attempts to curb spiralling inflation by making borrowing more expensive and discouraging spending. but it means mortgages and loans will be more expensive for millions of people. i'm joined now one of the many small businesses that will be affected by the interest rate price hike and the forecast recession, val burrows, who owns the west street laundry, in east grinstead. thank you, val, for your time. how did you feel when you heard the news about the interest rate rise? tt’s about the interest rate rise? it's ve , about the interest rate rise? it's very. very _ about the interest rate rise? tit�*s very, very scary. i run a very small
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business, i'm very concerned about it provides essential local community service. the business already has a bounce back a loan which we are repaying and it means it will be practically impossible for me to source any more funds to purchase more equipment and i at the moment me two washing machines to be replaced and that's just not going to happen any time soon. along with a hike in utility cost, to put it into perspective, my fixed—rate contract came to an end recently and my gas has gone up 2a6% and my electric 150%. my gas has gone up 2a6% and my electric150%. i my gas has gone up 2a6% and my electric 150%. i have increased the prices on the machines by 30% in anticipation of this increase but not to the extent it's come in. and it's crippling the business and now
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with this announcement from the government, there's no assistance from the government for small businesses for these utility hikes and it will undoubtedly be a result of launderettes closing in the future. i am seriously considering that i might have to close my launderette at the end of the lease and again in relation to the bank of england rate increasing, my lease comes to an end, if the freeholder has a mortgage, it is very likely that he will pass on this interest rate hike onto me as the tenant in rental payments, and it'sjust rate hike onto me as the tenant in rental payments, and it's just very, very concerning. i have started to cancel advertising contracts that i have to try and help with cash flow and obviously, that will have a knock—on effect and reduce my sales. our facilities need to knock—on effect and reduce my sales. ourfacilities need to be knock—on effect and reduce my sales. our facilities need to be affordable for low income families we need to
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be able to continue to offer our service to the elderly. i expect our duvet service will be the one hit the hardest because even though people can't put duvets in the regular washing machines, basically because people won't have as much disposable income and they will make cutbacks. you disposable income and they will make cutbacks. 9, :, disposable income and they will make cutbacks. :, :, , :, disposable income and they will make cutbacks. :, :, :, , cutbacks. you mention your worry that there is _ cutbacks. you mention your worry that there is a _ cutbacks. you mention your worry that there is a risk _ cutbacks. you mention your worry that there is a risk you _ cutbacks. you mention your worry that there is a risk you will- cutbacks. you mention your worry that there is a risk you willjust i that there is a risk you willjust have to close your business at some point. if that happens, where would you stand, what would happen to you? i'm at retirement age now, i would just have to walk away at having lost the investment that i had when i bought the business. that would be gone. i would i bought the business. that would be gone. iwould be i bought the business. that would be gone. i would be left with having to put the shop back to a state and hand it to the freeholder for him to try and find another tenant. aside
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from my position, what he's going to happen to all the local people that use launderettes? of all start closing down in the country, where are these people going to go? it's very concerning.— are these people going to go? it's very concerning. what do you think needs to happen. _ very concerning. what do you think needs to happen, what _ very concerning. what do you think needs to happen, what could i very concerning. what do you think needs to happen, what could make very concerning. what do you think. needs to happen, what could make a difference to you as to whether your business advice and you continue or itjust business advice and you continue or it just folds? business advice and you continue or itjust folds? t business advice and you continue or it just folds?— it just folds? i think the government _ it just folds? i think the government needs i it just folds? i think the government needs to i it just folds? i think the i government needs to start it just folds? i think the _ government needs to start looking at these utility costs. it's inevitable that we are going to start going into a recession but they need to look at the hike that's just been imposed on businesses and start to help them as well as help the domestic use. we've all got to pay these bills and i can't pass on increases of 2a6% on the sort of service i'm providing in the high street. it's not as easy as putting up street. it's not as easy as putting up the price of a cup of coffee or a
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bunch of flowers, this is an essential service and it's very concerning. and very sad, because it will be a further decline, more empty shops in the high street. t’m empty shops in the high street. i'm sor to empty shops in the high street. i'm sorry to hear what you're going through i i hope your business can make it through, thank you for taking the time to speak to us today. taking the time to speak to us toda . 9, ~ taking the time to speak to us toda . :, ,, i. police in bangladesh believe a father and son from cardiff, found unconscious in a flat in the country, were killed by carbon monoxide poisoning. 51—year—old rafiqul islam and his 16—year—old son mahiqul died while on a family visit last month. jordan davies reports. friends and family of rafiqul and mahiqul islam are still coming to terms with their loss in cardiff and bangladesh. the family were on a two—month visit to the country when a relative found them unconscious on beds in theirflat. rafiqul, who was 51 and a taxi driver in cardiff, and mahiqul,
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who was 16 and a fitzalan high school pupil, died on the way to hospital. sadiqul islam, rafiqul�*s older son, says he does not know what happened. i don't know what happened but i went to sleep around 11pm, 12am and then just woke up in hospital. hundreds of people attended rafiqul and mahiqul�*s funeral in bangladesh. police initially believed they had been poisoned. now officers believe their deaths may have been caused by carbon monoxide or smoke from a faulty generator. police say they're waiting to see if smoke samples from the generator match samples found on their bodies. if we get the chemical analysis report we can be able to say whether it is a poisoning or suffocation. we already collected the smoke sample from the generator and we sent it to the fire service, those who are experts,
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and they will tell us what kind of chemical is produced by this generator. husnara, rafiqul�*s wife has been released from hospital but police say their 20—year—old daughter samira is still in intensive care. an inquest into the death of a nine—year—old lincolnshire girl has opened and been adjourned today. lilia valutyte was killed while playing in boston town centre last week. 22—year—old deividas skebas has been charged with her murder. a crowdfunding page to help pay for lilia's funeral has already raised more than £6000. nine—year—old lily died after being stabbed outside an embroidery shop
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in boston. were unjust and she was playing outside that shop, playing hula hoop, with her two—year—old sister. just market days later, deividas skebas was located in a park by police in boston and he was later charged with murder. he has already appeared in a court this week and has been remanded into custody. will next appear in court for a plea hearing on september 19. this afternoon in lincoln, lincolnshire's acting senior coroner opens ten injured a hearing into liliana's death, it was a short hearing, and the court heard the professional results of the forensic postmortem into lilia's because of death was a stab wound to the chest. the corner then adjourned, as he is
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required to do. new data shows anti—semitic hate fell by more than a third in london in the first six months of the year. research by the charity community security trust found incidents against thejewish community dropped by 39% between january and june. it comes after they hit an all—time high last year. but the findings suggest a growth in the number of issues involving under 18s. our report shows that the proportion of incidents involving children, both as victims and perpetrators, is going up year—on—year. so, it is mainly school—age children on the streets and online, and i do think the fact that that age group are much more present on social media and get a lot more of their information and ideas about the world from the online space is probably playing a role in driving this trend.
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more heavy rain is expected in parts of northern pakistan, hit by some of the worst floods in recent years. more than 500 people have been killed in severe flooding and landslides in pakistan since the monsoon season began in june. thousands have been displaced. the government has promised round the clock help to affected communities but it's been criticised for being slow to bring aid to the worst—affected areas. in iceland, a volcano has begun to erupt following a series of earthquakes in an uninhabited valley near the capital reykjavik. guy lambert reports. in the land of fire and ice, another powerful force of mother nature is on display, attracting tourists from all over the world. the volcano erupted on wednesday, a0km east of the capital of reykjavik, just eight months after its last eruption officially ended. the site is close to mount fagradalsfjall, a volcano that threw out magma for six months in 2021. no one lives in the valley, but since the eruption began, more than 1500 curious onlookers have visited the site. we were trekking down here and i was, like, i have to stop, stop,
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let's sit down and i had a little cry because it's so beautiful and so emotional and this is, like, the raw power of our planet. but there is a danger to visiting sites such as this. when exposed, gases from a volcanic eruption, especially sulphur dioxide, may pose a danger to health, and officials have urged people to avoid the site until a danger assessment has been conducted. today, the icelandic government issued an alert advising that young children should not walk up to the eruption site. it is not known how long it will be until this latest eruption subsides. twins elma and thelma from stockport turned 103 today. they've lived through second world war, the coronation and say their secret is a sip of brandy before bed each night. they could be the oldest twins in the uk. and of course, such a big milestone deserves a party, so we sent our reporter davinia ramos along. # happy birthday to you.#.
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cheering. enjoy life, don't let anything get you down, but don't worry, that's it. wise words from elma and thelma on their 103rd birthday. these twin sisters were born on the 3rd of august 1919 and grew up together in stockport. and although times were tough, they had fun, played together and bickered, like most siblings. what are your best memories of growing up together? we did play together, didn't we? we did. but we did fall out, we did have our little troubles and little fights. our mother used to bang our heads together. elma and thelma have lived through the second world war, seen 20 prime ministers come and go and say it's surreal looking back over their lives. the bombs used to come over at night, so we used to have to go to the river and we used to have to go into the caves, go in there, out of the bombs, cos we could hear them falling.
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and in the cave, the water used to run down the walls, it was cold, we had to sit there all night, then go to work the next morning. i remember standing at the back bedroom window, looking out, and the planes were going over. today is a far cry away from that. they are able to celebrate with their loved ones and meet the youngest member of the family, their great—great—grandson, who is just seven weeks old. so pleased to see them talk and go through their - stories, it's so interesting. somebody who has lived that long and been through so much, - it's so interesting. we lived fairly close to each other, didn't we? yeah. what were they like growing up? wonderful.
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laughter. and the secret to a long and happy life? the odd tipple, apparently. i like me food, put it that way. and i like a brandy at night. i think i could get on board with that too. # catch a falling star and put it in your pocket # save it for a rainy day.#. both looking amazing at 103, if i may say. why would you spend $70 million dollars on making a film and then decide not to release it? that's what the movie world is wondering after warner brothers scrapped their new batgirl release, filmed in glasgow, in scotland. you'd think the movie would have to pretty bad, although there could be other factors as involved. reporting scotland's david farrell has the story. kelvingrove, george square
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and glasgow's merchant city were just some of the locations used for what should have been the latest dc comics movie, batgirl. the film, starring leslie grace and michael keaton, was due to be released in cinemas and on the streaming platform hbo max later this year, until overnight, warner brothers bosses scrapped its release, leaving fans disappointed. i am very disappointed as a dc fan and a fan of the character, hoping to see this character on the small screen with hbo. also, on a personal level as a latino, having a latina actress in leslie grace leading this film, it hurts on a personal level because there is a lack of representation for the latino community within hollywood. with a budget of more than $70 million, warner brothers said the decision not to release the film was due to a strategic shift under new leadership, ultimately meaning the company is investing in movies made for the cinema rather than streaming, a decision that has surprised the industry. i am quite shocked and i think it is quite gut—wrenching
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for the people who worked on it. in terms of crew in scotland, i think it's sad but things go on and you continue to find work and there is still lots of production going on, so that's a good thing. batgirl was a big deal for glasgow, it brought almost 2000 jobs to the local film industry and streets like this were transformed into hollywood film sets. but was it worth it for local businesses? it was a bit of an upheaval from a business point of view, but it was still fun, it was fun to have it all in the street and have all the goings—on. i feel as if it's a slap in the face to us. i all the tourism that i the council was saying the movie would bring in, i that's not going to happen. so they spent £150,000 - to the film crew, that's lost. i hope they've got something in the small print _ that they get that back. glasgow city council offered warner brothers a £150,000 support grant to film in the city, and today they confirmed that money
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has not yet been paid to the film studio and discussions are ongoing. so, whilst we won't see batgirl 2 swooping into glasgow anytime soon, it won't be the last bit of hollywood to come to town. now it's time for a look at the weather with chris fawkes. hello. with a hosepipe ban starting across parts of hampshire and the isle of wight tomorrow, we could really do with some rainfall but there's nothing for the rest of this week and i think even next week will stay bone dry as well. look at england as a whole, throuthanuary tojuly, only two thirds of the normal rainfall. but back in 1976, it was even drier than that. there is no rain in the forecast, bone dry for the next five days across a majority of england again and i don't see much rain falling next week either, so this extended period of dry weather is set to continue. today, plenty sunshine across england and wales but in scotland and northern ireland, more of a mixture
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with passing showers, the majority of those to the north of northern ireland, across the hebridies and highlands in scotland as well. temperatures into the high teens, a fresher feel to the weather in the sunshine across east anglia and southeast england, a more pleasant feel. overnight tonight, we will perhaps get showers in north wales. the further south, the drier the weather is, no rain expected and clear skies. a comfortable night's sleep and a fine start tomorrow. fine weather on the cards, for most of england and wales, also with sunshine, northern scotland to perhaps see showers of northwest of england seeing the showers and the temperature similar as well for friday. looking at the weather for the commonwealth games, the athletics tomorrow looking fine here with the temperature around 20 degrees, perfect conditions for the athletes.
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for the weekend, a change for the far north of scotland with the weather threatening thick cloud and a little rain, winds picking up. perhaps more cloud for northern ireland and parts of northern england but for the bulk of england and wales, a fine and sunny day with temperatures up to 27. through sunday and into next week, this area of high pressure becoming more expansive across the uk, so the weather becoming drier and a lot warmer as well, if not hot. temperatures back in to at least the low 30s in parts of southeast england and warm for wales. the warmth starting to spread to northern ireland and scotland as well.
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this is bbc news i'm martine croxall. the headlines at 5. a double warning from the bank of england. it says a recesion is coming and inflation could peak at 13% percent by december. gdp growth in the uk has slowed and the economy is now forecasted to enter recession later this year. meanwhile, interest rates rise by half a point to 1.75% the biggest for nearly 30 years. some firms say the bank's decision is concerning. it's crippling, interest rate rises are something that could really stop small businesses like us. the bbc has announced an independent review into the allegations surrounding tim westwood and his conduct when he worked for the company. a high court hearing is set to begin in the next hour to determine whether archie battersbee can be moved to a hospice.
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