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The Bank of England is expected to unveil the biggest interest rate rise since the 1980s today.

A hike of 0.75 percentage points is anticipated – pushing the base rate to 3%, levels that have not been seen since 2008.

If confirmed, this could push up mortgage bills for millions of people in the coming months.

Supermarket offers 1p ready meals – cost of living latest

This would also be the eighth time in a row that the Bank of England has hiked interest rates. Less than a year ago, the base rate was just 0.1%.

Earlier this month, the markets had predicted that today’s increase could be one whole percentage point – but sentiment has calmed since the mini-budget was reversed and Liz Truss resigned as prime minister.

The Bank of England is also set to release long-term inflation forecasts, which are expected to show that the cost of living next year will be much higher than its target of 2%.

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Official figures released in September showed inflation hit 10.1% – matching a 40-year high seen in July – with much of this increase driven by rising food costs.

Through these rate hikes, the Bank of England is trying to bring core inflation under control, which excludes more volatile elements such as petrol and energy prices.

Analysts at Deutsche Bank have warned they expect the BoE’s forecasts to show “the economic outlook has deteriorated further”, adding: “Conditioned on market pricing, the UK economy will likely fall into a deeper and more prolonged recession.”

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‘Black hole’ in finances explained

Firms face ‘desperately difficult decisions,’ Labour warns

This afternoon, Labour’s shadow chancellor will warn that the latest interest rate rise will have a huge impact on consumers and companies alike.

Speaking at the Anthropy conference in Cornwall, Rachel Reeves will say: “Rising interest rates will mean families with already stretched budgets will be hit by higher mortgage payments. It will mean higher financing costs for businesses.

“For many firms who have had a tough couple of years, this will mean desperately difficult decisions about whether to carry on.

“And it will mean profound implications for growth as demand is sucked out of the economy – and even those firms that are keeping their head above water face difficult decisions about whether to invest or expand.”

Yesterday, a new poll carried about by Ipsos for Sky News revealed that more than a quarter of people have started using their credit cards to buy food – and a fifth have borrowed money to adjust to rising prices this year.

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People putting food bills on credit

US also increases interest rates

The Bank of England’s decision will come a day after America’s central bank, the Federal Reserve, also confirmed that it will increase interest rates by 0.75 percentage points.

Wall Street fell sharply when Fed Chairman Jerome Powell suggested the US base rate may need to go even higher than previously thought to tackle the worst inflation seen in decades.

He warned: “It’s very premature, in my view, to think about or to be talking about pausing our rate hikes. We have a ways to go.”

Mr Powell also said that the Federal Reserve would rather make a mistake of taking interest rates too high than easing too quickly, amid fears that a premature pullback could cause inflation to remain.

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Growing number of domestic violence victims are taking their own lives

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Growing number of domestic violence victims are taking their own lives

Sharon Holland sits surrounded by fresh flowers as she scrolls through photos on her phone of her daughter, Chloe.

Warning: This article contains references to suicide and domestic abuse

Beautiful, poised, Chloe stares back at her from the screen. She was a fun, independent young women – until she wasn’t.

Caught up in an abusive relationship with a former partner, who her mother calls a “monster”, Chloe became a shadow of her former self.

Sharon never met him as Chloe kept the ongoing relationship a secret but she had suspicions when her daughter, who had moved out of home, retreated from her friends and family.

“As far as I knew, they’d split up in September 2022 and she was living happily in Southampton,” she says.

But Sharon began to suspect the relationship might be back on after she spotted her daughter liking some of her ex-boyfriend’s Facebook posts.

Chloe
Image:
Chloe was full of life before she met her abuser

“I saw a few hearts on his pictures, and thought ‘here we go’. But she would always deny it and say she would never get back with him. Of course, she was lying to me.”

Increasingly isolated from her loved ones, Chloe’s only communication with Sharon was through text messages and the occasional phone call.

“She turned up at people’s houses with black eyes and made excuses for marks around her neck and everything else,” says Sharon. “No one told me.”

Chloe took her own life in February 2023.

Her family is not alone in their grief. There are now more victims of domestic abuse who take their own life, than those who are killed by their partners.

Between April 2022 to March 2023, there were 93 people who took their own lives following domestic abuse. A 29% rise compared to the previous year.

Sharon
Image:
Sharon and Sky News’ Ashna Hurynag

Assaulted with a dumbbell and handed a knife

Marc Masterton, Chloe’s boyfriend at the time, was routinely assaulting her, controlling her appearance, isolating her from friends and family, belittling her and encouraging her to self-harm.

On one occasion after he assaulted her with a dumbbell, Chloe threatened to take her own life.

In response, Masterton handed her a knife.

“She said on a few occasions, his eyes went from blue to black and it terrified her,” Sharon says.

The abuse was happening in plain sight – in hotels, hostels and on public transport. Chloe eventually chose to report the abuse to police. But two weeks later, she attempted to take her own life.

At the intensive care unit she was taken to before she died, Sharon didn’t leave her bedside. It was here she learnt from a police officer about Chloe’s testimony a fortnight before.

Chloe and her mother, Sharon
Image:
Chloe and her mother, Sharon

Chloe’s evidence

“They told me she’d done a video statement for over two hours and were investigating him,” Sharon says.

“I’ve watched it. She was crying for lots of it and was distraught. I was devastated and angry. He was telling her to take her life. He was giving her knives up against her neck and then saying, you do it.”

Her evidence led to the conviction of her abuser. Masterton admitted coercive and controlling behaviour and was jailed for three years, nine months.

Justice which, Sharon feels, fell well below her expectations.

“We needed to get over four years for him to go on this dangerous person’s list, so he could be monitored as high risk,” she adds.

Sharon is now calling for tougher sentences for those convicted of coercive control.

The current maximum sentence a perpetrator can get for the offence is five years, but Sharon points to countries like France where the maximum sentence is 10 years.

“No amount of years is going to bring her back… But he needed to get more than that.”

Chloe

The overlooked victims of a growing crisis

It’s incredibly rare to get a criminal investigation in these cases, says Hazel Mercer from the national charity, Advocacy After Fatal Domestic Abuse.

“Most of the families that come to us where there’s been a suicide as result of domestic abuse, the biggest issue for them is the lack of acknowledgement of what has happened to their loved one. Is there going to be any justice that says this domestic abuse was a crime against this person who’s now dead?

“They ask, is anything like that going to happen, and at the moment, nine times out of ten, the answer is no.”

Hazel Mercer
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Hazel Mercer advocates for families who have a lost a loved one after domestic abuse

Hazel works with families who feel a lack of “professional curiosity” by authorities means critical connections are often missed.

“When we have a homicide, resources are put into it, there is a real investigation… For a suicide, we seldom see that investigative desire or professional curiosity to look behind that suicide and why it happened.”

Fighting for change

The Crown Prosecution Service is investigating the link between suicide and domestic abuse more closely.

Efforts are being made to educate police and prosecutors on coercive control’s deadly trajectory after the high-profile death of mother Kiena Dawes, who was abused before she died by suicide on 22 July 2022.

Sky News has learnt the CPS is actively assessing similar cases, but Chief Crown Prosecutor Kate Brown says “it isn’t straightforward”.

Kiena Dawes
Image:
Kiena Dawes was abused before she died by suicide

Invariably because of the nature of coercive and controlling behaviour, a lot of that offending happens in private. So without the victim, that’s quite difficult,” she says.

They are working with police to unpick the detail of the abuse a victim suffered in the lead up to their death. Collating evidence from family, friends or even doctors if the victim’s medical records show there’s been a history of physical violence.

Kate Brown
Image:
Chief Crown Prosecutor Kate Brown

The Ministry of Justice told Sky News: “This government is committed to halving violence against women and girls. The independent sentencing review is looking at sentences for offences primarily committed against them.

“Victims of controlling and coercive behaviour will also now be better protected through a new law that ensures more abusers are subject to joined-up management by police and probation.”

For Sharon, her campaign is a way of honouring her daughter’s memory. “I won’t stop till I get justice for Chloe,” she says.

Anyone feeling emotionally distressed or suicidal can call Samaritans for help on 116 123 or email jo@samaritans.org in the UK. In the US, call the Samaritans branch in your area or 1 (800) 273-TALK

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Child dies and another injured after car driven on to sports pitch

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Child dies and another injured after car driven on to sports pitch

A child has died and another has been injured after a car was driven on to a sports pitch in Cumbria.

Police say they were called at 4.58pm to reports of a collision involving a BMW i40 and two children on a pitch at Kendal Rugby Union Football Club on Shap Road, in Kendal.

Cumbria Police say one child died, while the second is being treated by paramedics.

A man aged in his 40s has been arrested on suspicion of causing death by dangerous driving.

A spokesperson for Cumbria Police said: “Specialist investigators are at the scene and the area has been cordoned off as initial investigation enquiries take place.”

The force said the incident was not believed to be terror-related. Immediate family members of both children have been informed, it added.

In a post on its Facebook page, the club said it was “deeply saddened to confirm that an incident occurred today at Kendal Rugby Club.”

The post, attributed to club chairman Dr Stephen Green, continued: “Our thoughts are with their family and friends and we kindly ask for privacy for all involved at this difficult time.”

The club and its facilities are now temporarily closed while it cooperates “fully” with authorities, it added.

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Tim Farron MP, whose constituency includes Kendal, posted on X: “This is devastating, utterly heartbreaking news. I’m praying for the children and for their families and friends.

“Our community in Kendal is stunned and in mourning.”

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PhD student guilty of drugging and raping 10 women in London and China

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PhD student guilty of drugging and raping 10 women in London and China

A man has been convicted of drugging and raping 10 women in London and China between 2019 and 2023.

Chinese PhD student Zhenhao Zou, 28, filmed nine of the attacks as “souvenirs”, and kept a trophy box of women’s belongings, jurors in his trial were told.

Warning: This article contains details of sexual offences

He was accused in court of drugging and raping three women in London and seven in China between 2019 and 2023.

Jurors at Inner London Crown Court found him guilty of 11 charges of rape against 10 women, including two who have been identified and another eight who have yet to be traced.

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Moment police arrest student guilty of rape

The mechanical engineering student was also convicted of three counts of voyeurism, 10 of possession of an extreme pornographic image, one of false imprisonment and three of possession of a controlled drug with intent to commit a sexual offence, namely butanediol.

He was cleared of two further counts of possession of an extreme pornographic image and one of possession of MDMA with intent to commit a sexual offence.

***ONLY USE IF HE IS CONVICTED OF AT LEAST TWO RAPES*** The trial heard Zou kept a 'lost property box' full of women's belongings. Pic: Met Police
Image:
The trial heard Zou kept a ‘lost property box’ full of women’s belongings. Pic: Met Police

The jury has not reached verdicts on four counts of possession of drugs with intent to commit a sexual offence.

Zou – who first moved to Belfast in 2017 to study mechanical engineering at Queen’s University before moving to London in 2019 – showed no visible reaction as the verdicts were read out in court.

Catherine Farrelly KC, prosecuting, told jurors during the trial that Zou “presents as a smart and charming young man” but is “also a persistent sexual predator; a voyeur and a rapist”.

***ONLY USE IF HE IS CONVICTED OF AT LEAST TWO RAPES*** A discreet camera belonging to Zou. Pic: Met Police
Image:
A discreet camera belonging to Zou. Pic: Met Police

Zou, who also used the name Pakho online, befriended fellow Chinese students on WeChat and dating apps, before inviting them for drinks and drugging them at his flats in London or an unknown location in China, the court heard.

The jury heard how he would secretly film his attacks using a mobile device and hidden cameras, and was shown evidence found on SD cards at his accommodation of him raping unconscious women in London and in China.

Senior Crown Prosecution Service prosecutor Saira Pike thanked the “incredibly strong and brave” women who came forward to report his “heinous” crimes.

“Zou is a serial rapist and a danger to women,” she said.

“In some instances, we have not been able to identify Zou’s victims. Without knowing who these women are, we have not been able to support them through a deeply distressing period of time.

“We have always been determined to seek justice for both the unidentified and identified victims in this case.”

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