good evening and welcome to bbc news. it s been a tough day that s how the chancellor began his speech to the party faithful at the conservative party conference this afternoon. it follows a dramatic u turn this morning when the government suddenly dropped its plan to scrap the 45p top rate of income tax. only yesterday, the prime minister had insisted the tax cut would stay except in scotland. but now kwasi kwarteng says criticism of the measure had become a huge distraction that had drowned out other measures announced in the government s so called mini budgetjust 10 days ago. his change of heart followed mounting opposition among tory mps to the tax cut. our political editor, chris mason, reports. first thing this morning, things are moving. and fast. the planned tax cut for the highest paid is being junked. the government has blinked. it was an ambitious plan, and we talked to lots of people up and down the country. i saw the reaction. we considered what to do w
advised by the telecoms regulator. there is a big question on the cma is the moment because we don t have a ceo for that we ve been without one frate while now. there s a question as to whether there might be a bit of change of tact which has been quite anti merger from many parties for some time. in terms of ofcom, there really will have a lot of sway in this. they have softened their stance a little bit, seeing their stance a little bit, seeing the struggles of the industry over the struggles of the industry over the past couple of decades. the past 12 years, industry revenues are down by 10% and investment is up enormously because traffic volumes are up enormously as we all know for the above 1000% of the 12 year period. the operators are really being squeezed in the financials of three in particular are looking somewhat on viable. and ofcom have
Federally Administered Tribal Areas (FATA) s anti-merger faction has announced a series of rallies in the region alongside long March towards Islamabad in pursuance of their demands including reversal of FATA s merger with Khyber Pakhtunkhwa and restoration of the region legal status back, local media reported.
fewer voices you see out on the airwaves and so on? not just the democratic party. i think that there has been real concern about consolidation, not just in the media but in many realms. it will be interesting to see if this new spirit of populism and anti-merger philosophy infuses all of the decisions that the justice department s going to make coming down the line. for example, sinclair media is trying to buy tribune broadcasting. that deal s been announced. that s under review. the fcc just loosened up its own rules to enable that. sinclair happens to be a media outlet that is very sympathetic to the president. it will be interesting to see. the justice department is supposed to be reviewing that deal, how they handle that. i will say this, though, jeffrey toobin s characterization of the president s feelings about cnn is probably one assertion on cnn that the president won t dispute. i think that he i think he