borrowing. super typhoon noru sweeps through the philippines capital, manila bringing winds of up to 175 kph. i evacuated the house i m living in because i m scared. the floods there get really high and i don t want a repeat of what happened to me before. cubans give their verdict on legalising same sex marriage and whether gay couples can adopt in a landmark referendum that s divided the nation. and less than two months ahead of the men s football world cup in qatar, concerns that there may not be enough affordable accommodation. italy has never had a female prime minister. but exit polls suggest that is about to change, with the far right brothers of italy emerging as the biggest party in the new parliament, and putting its leader giorgia meloni on course to become the prime minister. her party leans further to the right than any government since that of mussolini 80 years ago. the opposition democratic party have already conceded, and she said the voters had indicated
we start with the latest market action and as the trading day began in asia the pound started to slide down nearly 5% at one point against the us dollar that s on top of the 3.6% dive on friday. investors are running for the exits as fears mount the new government s shock and awe tax plans for the uk economy are too big a gamble. on friday the chancellor, kwasi kwarteng, announced historic tax cuts, and the biggest increase in borrowing since 1972 to pay for them. there is now calls for the bank of england to take emergency action to calm rattled markets and bolster sterling. so let s look at how the pound is trading now. it has been hovering around just over $1.05 but one hour ago we were looking at the pound buying $1.03 so it has recovered a tiny bit but not much and you can see that the markets in asia are fairly mixed and we have the price of oil edging lower as well. joining me now is simon french, chief economist at panmure gordon. is at panmure gordon. this what
it puts her in line to be the country s first female prime minister. iii country s first female prime minister. ., country s first female prime minister- country s first female prime minister. . ., ., minister. if we are called to govern this nation. minister. if we are called to govern this nation, we minister. if we are called to govern this nation, we will minister. if we are called to govern this nation, we will do minister. if we are called to govern this nation, we will do it minister. if we are called to govern this nation, we will do it for - minister. if we are called to govern this nation, we will do it for all - this nation, we will do it for all italians with a clear objective of uniting the people, of underline what unites it, rather than what divides it. and, nasa prepares to crash a probe into an asteroid to see how to stop a space rock from hitting earth. coming up later this hour how king charles helped save british farmhouse cheese. the value of
hi, dodd. not seen you for a while. how have you been, you big giraffe? sally laughs. good morning. with one game to go before the world cup begins, how gareth southgate s future s the spotlight, a year after leading england to the euros final. good morning. we ve currently got some rain in the south east which will clear away and for all of us we are looking at a day of sunshine and showers and a noticeable wind too, and feeling chilly in that wind. i will have all the details about this mornings programme. good morning, everybody. it s monday 26th september. our main story. the pound has fallen to its lowest level against the us dollarfor 50 years. the record slump came after the government unveiled tax cuts funded by huge increases in borrowing. let s talk more to nina about this. how did this all start? a drop to around $1 how did this all start? a drop to around s1that s how did this all start? a drop to around $1 that s the how did this all start? a drop to around $
at least 13 people dead, seven of them children. a moment of history in italy. georgia meloni looks set to become the country s first far right leader since the second world war and italy s first female prime minister. a people smuggler tells the bbc the government s policy of sending asylum seekers to rwanda is not deterring migrants. and nasa prepare to crash a space probe into an asteroid to find out how hard it would be save the planet. to save the planet. coming up on the bbc news channel. as england face into their final match ahead of the world cup, manager gareth southgate admits he faces losing his job if results don t go his way in qatar. good afternoon. the pound fell overnight to its lowest level against the dollar for half a century. asian markets were reacting in part to the government s announcement last week of tax cuts and increased borrowing to pay for them. at one stage sterling plunged to around $1.03 before regaining ground. a weaker pound raises the cost