insisting the policy would stay, despite the widespread criticism. and tonight, another shift by the government, forced by events to make it, they are bringing forward their plan for dealing with debt to later this month, to try to reassure the markets. we will have the latest from birmingham on what the chancellor admitted had been a tough day. also tonight. raising the flag. ukrainian forces retake a village in one of the region is annexed by russia last week. a warning that the uk is facing a serious risk of gas shortages this winter, which could affect electricity supplies, too. cheering. and a warm welcome in fife, as the king and queen consort attend their firstjoint engagement since the end of formal mourning. and leicester strike early as they look to move off the bottom of the table with victory against nottingham forest at the king power. good evening. at the conservative conference in birmingham, party members have of modern times. abrupt policy u turns the chancel
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
as the king and the queen consort attend their firstjoint engagement since the end of formal mourning. live from our studio in singapore. this is bbc news. it s newsday. the uk chancellor, kwasi kwarteng, has told the conservative party conference in birmingham that he s still determined to deliver his economic plan hours after performing a major u turn on a flagship policy. he s abandoned a proposal to scrap the top income tax band, following widespread criticism, turmoil on the financial markets and a dramatic drop in the value of the pound. the chancellor acknowledged his plans caused, what he called, a little turbulence in the economy. he s now also expected to bring forward his next financial statement from the 23rd of november to this month. here s our political editor, chris mason. 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
attend theirfirstjoint engagement since the end of formal mourning. live from our studio in singapore this is bbc news. it s newsday. britain s finance minister kwasi kwarteng, has told the conservative party conference in birmingham that he s still determined to deliver his economic plan hours after performing a major u turn on a flagship policy. he s abandoned a proposal to lower taxes for high earners, following widespread criticism, turmoil in the financial markets and a dramatic drop in the value of the pound. the chancellor acknowledged his plans caused, what he called, a little turbulence in the economy. he s now also expected to bring forward his next financial statement from the 23rd of november to this month. here s our political editor, chris mason. 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
of a blackmail plot. the midfielder, who left united forjuventus this summer, claims he s being targeted by an organised gang. it comes after his brother posted a video online in which he promised to publish great revelations about the player. french police are investigating. gibraltar can officially call itself a city, 180 years after it was first granted the status by queen victoria. the british overseas territory had bid to become a city earlier this year as part of the queen s platinum jubilee. but when researchers looked through the national archives, they found it had already been recognised as one in 1842. i m joined now by the head of the government, chief minister of gibraltar, fabian picardo. welcome, thank you forjoining us. this is an extraordinary turnabout in events? it this is an extraordinary turnabout in events? , ., , ., this is an extraordinary turnabout inevents? , ., , ., ., , in events? it is really not anything new. the gibraltar in events? it is re