rachel reeves, the shadow chancellor, is there and they promise they will bring back the rate of interest tax to fund nhs staff. other news this afternoon. a moment of history in italy georgia meloni looks set to become its first far right leader since the second world war and its first female prime minister. a school shooting in russia has left at least 13 people dead, seven of them children. and nasa prepare to crash a space probe into an asteroid to find out how hard it would be to save the planet. welcome to bbc news, very good to have your company and it is going to be a busy 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. of course, that had come too late for their trading week on friday. at one stage, sterling plunged to around $1.03, before regaining ground. a weaker pound raises the cost
with the murder of nine year old olivia pratt korbel, who was shot dead in her home. brazil s presidential election on a knife edge there ll be a run off between the far right incumbent jair bolsonaro and his left wing challenger. king charles and the queen consort visit dunfermline on their first official engagment since the period of royal mourning ended. and the 9,000 year old footprints giving us clues about the story of our coastline. and coming up on the bbc news channel. we ll bring you the outcome of the women s champions league draw as we find out who arsenal and chelsea will face in the group stage. good afternoon. it has been the sharpest of u turns the government is dropping its plans to abolish the 45p top rate of income tax for the highest earners. amid growing opposition to the policy, kwasi kwarteng, the chancellor, said it had become a distracton. we get it, he said, we have listened . but the plan is being ditched less than 2a hours after the prime mi
with the murder of nine year old olivia pratt korbel. she was shot in her home in liverpool in august. king charles and the queen consort camilla visited dunfermline on their first official engagment since the period of royal mourning came to an end. and coming up we meet mr doodle the man from kent who makes his living from doodling and has covered his whole house in drawings. hello, if you havejustjoined us welcome to bbc news. just to remind you we will have live coverage of the chancellor kwasi kwarteng s speech to the conservative party conference later. he has been forced into a dramatic u turn to scrap the 45p top rate of income tax. the decision to ditch the policy a decision which mr kwarteng confirmed this morning came less than 2a hours after the prime minister liz truss had publicly defended it. in a statement, mr kwarteng said the 45p tax plan had become a huge distraction and that the government had listened to people s concerns. yesterday on the bbc,
after appearing in court charged with the murder of nine year old olivia pratt korbel. thomas cashman who s 3a is due to stand trial in march. king charles and the queen consort have greeted crowds in dunfermline on their first official engagment since the period of royal mourning came to an end. and meet the man from kent who makes his living from doodling and has achieved a childhood dream, by covering his whole house in drawings. the chancellor kwasi kwarteng has defended his u turn on abolishing the 45p income tax rate, following widespread criticism, at the conservative party conference. this morning he backtracked on the plans, which were announced just 10 days ago in the mini budget, follwoing several senior conservative mps voicing their opposition. in a speech in the last hour, he admitted it s been a difficult day, but told the conservative party conference that the uk needs a new approach and that economic growth is the only way to spread opportunity and
the media show. hello, it s the oprah, meghan, and harry show! not really, this is the media show. but if you re bored of that spectacle, i m afraid to tell you that the aftershocks are very real and relevant to us. as we always say, the media is the story. itv s share price fell by around 5%, reuters has quoted city traders who say that the fall could be partly attributed to the resignation of itv s starjournalist, piers morgan. morgan was bringing in record ratings for good morning britain, of course, but he quit on tuesday after refusing to apologise for his on air criticism of the royal couple. so, whilst the oprah interview represents an historic move , moment for buckingham palace, is it also a massive deal for british media? perhaps so. does piers morgan s departure show that his brand of highly opinionated journalism is incompatible with an ofcom regulated tv channel? and will he resurface on the new news channels that s coming to the uk which has promised to capitali