Tory hopefuls clash on recession | How interest rates affect you | Starmer breaks MPs' rules

Plus, 'I forgive the man who tried to murder me'

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By Andrew McFarlane

Recession forecast puts rivals for No 10 at loggerheads     A year-long recession, price rises peaking at 13.3% and energy bills of almost £300 a month. The forecasts made for grim reading, as the Bank of England raised interest rates to 1.75% in a bid to curb inflation by nudging people to save more and spend less. The move adds more than £50 to the monthly payments of those on typical tracker or standard variable rate mortgages. Bank governor Andrew Bailey expressed "huge sympathy" for those struggling but said the alternative was worse in the form of persistent inflation. It all puts the competing economic plans of Tory leadership rivals Rishi Sunak and Liz Truss under even greater scrutiny. The pair took part in another TV debate last night, with Foreign Secretary Ms Truss telling the Sky News audience recession was "not inevitable". Her pledges to immediately reverse April's increase in National Insurance and cut other taxes would help the economy to grow, she said. Former Chancellor Mr Sunak argued his rival's £30bn package of "unfunded" tax cuts would "pour fuel on the fire" of inflation and increase the cost of borrowing. While Ms Truss leads polls of the Conservative Party members who will choose our next prime minister, Mr Sunak appeared to win a show of hands from the studio audience. Here's our summary of the debate.

Need to know... the economy         Explainer What is a recession and how could it affect me?       Analysis "Wannabe PMs exchange blows... families worry about help"       Interest rates How they affect mortgages, credit cards and savings       Case studies "I'll have to find another £250 a month to cover debts"

Starmer broke MPs' rules eight times     When Parliament's standards commissioner started investigating claims Sir Keir Starmer had breached the MPs' code of conduct, the Labour leader said he was "absolutely confident" he had not. But Kathryn Stone's report concludes he broke the rules in eight instances by failing to register income and hospitality within 28 days. These included being late to register gifts of tickets to Arsenal matches, income from a book deal and freebies allowing his staff to attend a food festival and kebab awards night. Ms Stone says the breaches are "minor and/or inadvertent". Sir Keir has written to apologise, saying he takes full responsibility for the "administrative error" resulting in late declarations, Labour says.

'I forgive the man who tried to murder me'     Five years ago this weekend, Linda McDonald lay stunned and bleeding as convicted murderer Robbie McIntosh battered her with a dumb-bell. "This is the day you die and this is the way you die," she recalls thinking to herself. Only the intervention of dog walkers - who had heard her screams through Templeton Woods, in Dundee - prevented that. McIntosh was serving a life sentence for murder but had been allowed home leave ahead of consideration for early release. On Monday, he faces an automatic parole hearing. And while Mrs McDonald has forgiven her attacker, she does not feel the same way about the system she says failed to keep her safe. Here's her story.

Hotels, hopelessness and opportunity for UK Afghans   Six-year-old Sepehr Vesal stood with his face pressed against the window, counting the cars, counting the days until he would leave the hotel near Heathrow where he was isolating. That was last August, when Sepehr, his father Burhan and mother Narcis had arrived in the UK from Afghanistan, in the wake of the Taliban's takeover. They consider themselves the lucky ones. BBC News has followed their journey: from hiding in Kabul, where former British army interpreter Burhan pleaded for the UK not to leave them behind, to the crush and danger at the airport as he waved their documents, to their safe arrival in the UK. We went to Aberdeen to meet them. "I call it the city of opportunity," Burhan says. He has a job in security, while Narcis is learning English. She hopes to use her skills as a doctor to help her adopted community.           Read full report >         Lucy Manning Special correspondent

What the papers say     The gloomy outlook for the UK economy leads every front page. The Financial Times reports predictions of a protracted recession, with the worst squeeze on living standards for more than 60 years, after the Bank of England raised interest rates. "Britain slides into crisis," is the Times's headline. The Metro and i both use the phrase: "The big squeeze." People with £200,000 mortgages could face paying an extra £50 on their monthly payments, as well as increased food and energy costs, says the Metro. Read our paper review in full.

Daily digest         NHS Growth in overseas recruitment a risk, says union       Conspiracy theorist Jones to pay $4m over Sandy Hook hoax claims       Taiwan Live updates as China restarts military drills       Orban Hungary's leader fires up Texas conservatives

If you do one thing today Take our quiz of the week's news

If you listen to one thing today Making scents: The story of perfume

If you read one thing today Did we all believe a myth about depression?

Need something different?     The words "company away day" might mean a range of things to you, depending on your tolerance of "blue-sky thinking", organised fun or - well - your colleagues. But building rapport in the age of hybrid working and online meetings is a serious concern for many companies. Business reporter Katherine Latham explores ways they are tackling the problem, starting with a bit of drumming. And, in another sign of the times, competitive gaming is being included as a pilot event at the Commonwealth Games in Birmingham. And data from the organisers suggests people aged 16 to 24 are more likely to watch esports tournaments than traditional sporting competitions. Read why Hargun Singh, captain of India's esports team, thinks it's time video games were on an equal-footing with their physical equivalents.

On this day         1962 Actress Marilyn Monroe is found dead in bed at her Los Angeles home.

From elsewhere       New evidence shows how Myanmar’s military planned its brutal purge of the Rohingya (Reuters)         Margaret Thatcher’s ghost looms over Liz Truss and Rishi Sunak (Politico)             Bank of England gives a lesson in honest central banking (Bloomberg)       Interest rates are rising – so why are mortgage rules being scrapped? (Guardian)

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