hello from the bbc sport centre. we'll start with the ashes. after the men produced an unforgettable test match a couple of days ago, it's now down to the women. their multi—format series got started today, with england taking on australia in a five—day test match at trent bridge. australia won the toss and chose to bat. australia 39—1. phoebe litchfield is one of two players making her debut for australia, who have lost just making her debut for australia, who have lostjust eight out of 110 games across all formats since 2018. she was batting with the experience beth mooney who has just gone out after being caught with an lbw on 23 runs. in football... manchester city captain ilkay gundogan willjoin barcelona on a free transfer when his contract expires at the end of this month. gundogan was offered a new contact by city

but is thought to have negotiated a more lucrative three—year deal with the spanish champions. city boss pep guardiola was keen to keep gundogan, who was integral to the club winning the treble this season — scoring 11 goals in 51 games last season. more transfer news — arsenal have agreed a deal with chelsea worth around £65 million for kai havertz — which could rise with add—ons. the 24—year—old joined chelsea from bayer leverkusen in 2020 for a deal worth about £71 million. he scored the winner for chelsea in the 2021 champions leeague final against manchester city... he joins mateo kovacic in leaving the club as they look to trim their squad for new manager mauricio pochettino. in brazil's top flight, santos�* game against corinthians was abandoned in the 88th minute after fans threw rockets onto the pitch corinthians were winning 2—0 in the final minutes when fans began to protest against the team's poor performance, forcing the referee to end the game. santos�* squad needed help from police to get off the field. brazil's sports court prosecutor—general already announced he�*ll request that santos�* next game — against flamengo — should be

held behind closed doors. leading figures from the world of golf have been invited to testify at a us senate hearing into the merger between the pga tour, dp world tour and saudi arabia�*s public investment fund. the hearing is aimed to uncover the facts about the merger. former world number one adam scott admits numerous questions remain to be answered about golf�*s shock peace deal, especially for those who stayed with the pga tour. you know, eventually we�*ll find out if that�*s the best for the game and how we feel so, you know, i have some emotions about that but kind of time often plays a big part of these things so we�*ll see how it advances. the women�*s pga championship in newjersey gets under way today. south korean in gee chun is the defending champion

says she is hopeful of defending her title. jin young ko has been number one in the world for 158 weeks can set the record for most weeks at number one in the women�*s world ranking if she remains top after the tournament, surpassing lorena ochoa who was number one from 2007 to 2010. she says it�*s a privilege to be mentioned alongside 0choa. yeah, it�*s in honour to people saying with lorena and me in the same sentence so it makes me happy but also it makes me humble, so, yeah. it�*s a great honour. the nba draft starts later on thursday. it�*s pretty safe to assume that 19—year—old frenchman victor wembanyama will be selected first overall by the san antonio spurs. however it�*s two twin brothers who have caught the eyes

of most of the fans. amen and ausar thompson could make history, becoming the first siblings to be picked inside the top ten — despite not coming through the american university system. they caught up with our reporter adam samuel earlier this week, and told him who they�*re looking forward to facing in the nba. would you be looking forward to playing against him, as well? id�*s. it playing against him, as well? ds. it would make — playing against him, as well? ds. it would make me _ playing against him, as well? ds. it would make me guarded _ playing against him, as well? ds. it would make me guarded but- playing against him, as well? ds. it would make me guarded but i - playing against him, as well? d: it would make me guarded but i will give him a hard time. looking forward to playing against him. more people in my position. all sorts of players. jimmy butler. people like that. ~ ., , players. jimmy butler. people like that. ., , ., players. jimmy butler. people like that. ~ ., , ., ., that. when it goes into your own draft class _ that. when it goes into your own draft class there _ that. when it goes into your own draft class there are _ that. when it goes into your own draft class there are some - that. when it goes into your own j draft class there are some hyped that. when it goes into your own i draft class there are some hyped up names. who have you played against? who do you can you match up with, as

well? , , ., ., ., well? everybody. tell me to go and i will no well? everybody. tell me to go and i will go take — well? everybody. tell me to go and i will go take a — well? everybody. tell me to go and i will go take a shot _ well? everybody. tell me to go and i will go take a shot out _ well? everybody. tell me to go and i will go take a shot out of _ well? everybody. tell me to go and i will go take a shot out of the - well? everybody. tell me to go and i will go take a shot out of the air. - will go take a shot out of the air. i�*ve got an eight foot wingspan. exactly. and finally, the english football league fixtures have been announced — with the three relegated premier league sides learning their opening day opponents. new southampton boss russell martin�*s first game in charge will be away at newly—promoted sheffield wednesday in the season�*s opening fixture on the friday night. leicester�*s return to the championship begins with a game against beaten playoff finalists coventry on the sunday, shortly followed by leeds hosting cardiff. all the fixtures across the three leagues are available now on the bbc sport website and app. hello and

welcome back to bbc news. the bank of england is expected to announce another rise to the cost of borrowing at noon. their eyes would be the 13th in a row by the bank�*s monetary policy committee and is in response to stubbornly high inflation. inflation which measures the base prices rise at stated eight the base prices rise at stated eight the month of may, the same as in april. many analysts and economists had expected at least hoped it may have fallen to about 8.5% but it didn�*t and one of the problems we have with inflation is core inflation is still very high in the uk. there had been hoped that prices may have come down and the bank�*s remit is to keep inflation at 2%, 8.7%, way, way above bank�*s target. but the news if it does happen would come as a blow to many mortgage holders who could say their mortgage repayments rise of the cost of

borrowing. the convening are financial correspondent kevin peachey in the business news in fuzz now and let�*s talk first of all about the bank in terms of what it has left in its arsenal to deal with inflation because the disappointing factions many economists inflation didn�*t follow summit hopes and predicted it would do in may. why is that? �* ., ~ ., ., ., , that? the bank of england had this as its primary _ that? the bank of england had this as its primary tool _ that? the bank of england had this as its primary tool in _ that? the bank of england had this as its primary tool in order- that? the bank of england had this as its primary tool in order to - that? the bank of england had this| as its primary tool in order to make the dough might try and bring down that rate of rising prices and a discussion today really about whether they are going to take a big step which would mean putting up interest rates to 5%, a 0.5% rise, or whether they would take a small step at a 0.25 percentage rise. they could also decide not to take any steps at all. it could turn around and say we�*re going to hold interest rates where they have a 4.5% which would allow time for previous

increases and, remember, we have had 12 and a vote for december 21, to give time to allow this to take effect, if you like. but, yes, lots of discussion about whether it is the right move. lots of decision about whether this tour is abundant till now and trying to tackle inflation —— whether this tool is a blunt tool now. in all likelihood, the monetary policy committee at the bank of england are not going to be united in their view on what they decide in the end. {131 united in their view on what they decide in the end.— united in their view on what they decide in the end. of course, kevin is the rate — decide in the end. of course, kevin is the rate of— decide in the end. of course, kevin is the rate of interest _ decide in the end. of course, kevin is the rate of interest rates - is the rate of interest rates continues to rise and potentially today can be the 13th month in 13th rise so more pain for many homeowners up and down the country whose mortgage monthly payments could end up going up because of it. yes, absolutely. with fixed rate

mortgages we will only see a rise when it comes to menu your mortgage but in effect mortgage lenders have been pricing in this interest rate rise. they expected to come so they priced it into their mortgage rate but the immediate impact will be felt on around 1.5 million people on track or variable rate mortgages and they could see another rise, the latest in many, of course, and, yes, increasing squeeze on them and their monthly repayments and in all likelihood talking about another £20 also in their monthly payments this has been significant over time for them saying it is too much money. welcome back to him imminently but i want to talk to a few people really feeling the impact of what�*s happening. journalling is a homeownerfrom happening. journalling is a homeowner from manchester and also

diane, business owner. tell us that situation you are in on what your worries and fears are today. we had an offer accepted _ worries and fears are today. we had an offer accepted in _ worries and fears are today. we had an offer accepted in our— worries and fears are today. we had an offer accepted in our house - worries and fears are today. we had an offer accepted in our house in . an offer accepted in our house in april last year. it was literally the week that ukraine was invaded. we then explained dominic exchanged keys the day liz truss announced her budget so pretty much since we have had our offer accepted things like the cost of fuel, the cost of energy, everything hasjust gone up and up and constantly refining our belts are getting tighter and tighter and tighter and i were mortgage expires in september next year and the early calculations are looking at the numbers now it looks like it could be £300 £400 a month more than we are paying at the moment and when our belts have already tight we cannot afford to let them get any tighter so it�*s a

really daunting prospect. it�*s really daunting prospect. it�*s really worrying and it�*s something that we probably talk about every night out of pure anxiety.- night out of pure anxiety. diane, tell me this. _ night out of pure anxiety. diane, tell me this. you _ night out of pure anxiety. diane, tell me this. you are _ night out of pure anxiety. diane, tell me this. you are a _ night out of pure anxiety. diane, tell me this. you are a businessl tell me this. you are a business owner owning a book shop. em owner owning a book shop. in independent book shop, yes. owner owning a book shop. fifi independent book shop, yes. it is independent book shop, yes. it is independent book shop week as well! as it? ., ., , . independent book shop week as well! as it? ., . ., ~ independent book shop week as well! asit? ., . ., ,, independent book shop week as well! asit? ., . ., ., as it? fantastic, thank you for that. i wanted _ as it? fantastic, thank you for that. i wanted to _ as it? fantastic, thank you for that. i wanted to ask - as it? fantastic, thank you for that. i wanted to ask you - as it? fantastic, thank you for that. i wanted to ask you what as it? fantastic, thank you for - that. i wanted to ask you what these hi . h that. i wanted to ask you what these high interest — that. i wanted to ask you what these high interest rates _ that. i wanted to ask you what these high interest rates identity _ that. i wanted to ask you what these high interest rates identity your - high interest rates identity your business on the way you are running your business. we business on the way you are running your lausiness-_ business on the way you are running your business. we have got a double weddin: if your business. we have got a double wedding if you _ your business. we have got a double wedding if you like _ your business. we have got a double wedding if you like because - your business. we have got a double wedding if you like because not - your business. we have got a double wedding if you like because not only| wedding if you like because not only have i got a business loan for the building, customers that come in to buy books from us are feeling like danieljust said, that buy books from us are feeling like daniel just said, that squeeze, buy books from us are feeling like danieljust said, that squeeze, so where do i find the extra money to come and buy gifts and books and things like that? local libraries are closing down as well so that�*s not helping and we need to make sure that children especially can come and buy books. you know? , we have got sick staff including myself and my husband. if people don�*t buy

books that means i don�*t make any money, i can pay my mortgage on my building, then i can pay my wages. you know, all people want is to be able to... i mean, daniel hasjust got a new house, may be starting a family. all he wants to is eat, heat his home and be comfortable. i mean, he is not looking for a ferrari. i�*m sure he might be but he�*s not looking for that. he is looking for comfort, isn�*t he, and be able to provide for his family. how worrying was that these have to sit there night there night after night going how are we going to cope with this? what are we going to do? and is no good going well we willjoin a house and get something smaller because the housing market is going to crash, isn�*t it? that�*s what happened last time. in 2008, that is what happened. we don�*t want to go there. i think the bank of england need to hold off and just see what happens. they have put their rates up happens. they have put their rates up 12 times a bit 13th time lucky. there is not working on is it? i

think it is time we did something different. i think it is time we did something different. ,. ., think it is time we did something different. ~ ., , ., �* think it is time we did something different. ,. ., �* ., think it is time we did something different. ~ ., �* ., different. i know you're not looking to bu a different. i know you're not looking to buy a fast _ different. i know you're not looking to buy a fast car— different. i know you're not looking to buy a fast car but _ different. i know you're not looking to buy a fast car but the _ different. i know you're not looking to buy a fast car but the impact, i to buy a fast car but the impact, obviously, is happening to many people around the country but do you understand where the bank of england says we need to be able to control inflation and inflation is too high, unless we start raising the cost of borrowing inflation is going to remain high and that in itself has a detrimental effect on people in this country in terms of their spending power. i country in terms of their spending ower. . . country in terms of their spending ower. ., ., ,., ., power. i agree and disagree in that i think this isn't _ power. i agree and disagree in that i think this isn't the _ power. i agree and disagree in that i think this isn't the only _ i think this isn�*t the only solution. i think this isn't the only solution.— i think this isn't the only solution. . . i think this isn't the only solution. , , ., solution. let me 'ust up with one second because _ solution. let me just up with one second because i _ solution. let me just up with one second because i think _ solution. let me just up with one second because i think in - solution. let me just up with one second because i think in a - solution. let me just up with one| second because i think in a couple of minutes we�*re going be able to welcome to our international audience on bbc news, we�*rejust having a discussion with daniel and diane about the cost of borrowing in the uk and daniel isjust diane about the cost of borrowing in the uk and daniel is just about to answer to me what the high interest rates in the uk is doing to his life. daniel, keep going. sorry about that.

life. daniel, keep going. sorry about that-— life. daniel, keep going. sorry about that. ., �*, ,, ., about that. that's fine. i think a lot of people — about that. that's fine. i think a lot of people when _ about that. that's fine. i think a lot of people when they - about that. that's fine. i think a lot of people when they discuss| about that. that's fine. i think a - lot of people when they discuss this often point back to the 1970s and the situation that occurred then and high interest rates we use them to control inflation and i now think that economy involves so much more interest is linked to the economy much closer than it was then. things like car finance wasn�*t a thing. there is just so figure is? —— in the next second or so. w is |aven�*t had it yet figure is? —— in the next second or so. w isjust1�*t had it yet figure is? —— in the next second or so. w is just so had it yet like car finance wasn�*t a thing. there isjust so much more borrowing within our lives that driving up figure is? —— in the next second or so. w isjust so much yet figure is? —— in the next second or so. w isjust so much more borrowing there isjust so much more borrowing within our lives that driving up interest could also help drive up interest could also drive up inflation as well. the two could be interest could also help drive up inflation as well. the two could be linked and i think we need to have a linked and i think we need to have a different approach.— different approach. daniel and diane, different approach.— different approach. daniel and diane, different approach. daniel and diane. stay — different approach. daniel and diane, stay with _ different approach. daniel and diane. stay — different approach. daniel and diane, stay with _ different approach. daniel and diane, stay with us _ different approach. daniel and diane, stay with us for - different approach. daniel and diane, stay with us for a - different approach. daniel and i diane, stay with us for a second. different approach. daniel and diane, stay with us _ different approach. daniel and diane, stay with us for - different approach. daniel and diane, stay with us for a - different approach. daniel and i diane, stay with us for a second. i�*m just going to post there because i�*m just going to post there because in the next few seconds we are going in the next few seconds we are going to get the cost of borrowing figure to get the cost of borrowing figure in the uk. it is coming from the in the uk. it is coming from the bank of england�*s monetary policy bank of england�*s monetary policy committee in a neck second or so and committee in a neck second or so and if someone could tell me what i if someone could tell me what i figure is? —— in the next second or figure is? —— in the next second or

so. we haven�*t had it yet so. we haven�*t had it yet but it will have written in the next few seconds. —— it will happen in the next few seconds. we can now bring in the chief economic adviser. thank you so much forjoining us. we are still waiting for the bank of england to... here we go. we are getting... 0k, england to... here we go. we are getting... ok, so we have had an op .5%