mervyn, lord king, welcome to hardtalk. thank you. pleasure to be on your show. it s great to have you here. as we look around the world, we see heightened global tension, uncertainty, conflict in so many different arenas. does that mean that for you, there are many reasons to be fearful about the impacts of geopolitics on the global economy? yes is the simple answer. i think we thought about the russian invasion of ukraine, we thought that was a contained conflict. now we see in the middle east. the more you fight, if this extends beyond gaza two major areas of conflict makes it much more likely that a third will occur. who knows? the chinese blockade of taiwan, perhaps. all of this is going to put enormous strain on the ability of the united states in particular, but also of europe, to provide the financial support, or support in terms of military equipment, to enable ukraine to resist russia, to bring about some kind of end to hostilities in the middle east, and to preve
the highest it s been in 15 years. but last month, the bank s rate setting committee narrowly voted to keep it unchanged. and it s widely expected to do the same again today as evidence grows of the strain that high borrowing costs are putting on the economy and the housing market. here s our cost of living correspondent colletta smith. this is my monthly dining out, put that in as a reminder. ebony is doing all the right things. ebony is doing all the right thins. , ., , ., ., things. this month they have a savin: things. this month they have a saving goals things. this month they have a saving goals towards things. this month they have a saving goals towards my - things. this month they have a i saving goals towards my house buying savings. she saving goals towards my house buying savings- buying savings. she and her artner buying savings. she and her partner saving buying savings. she and her partner saving carefully - partner saving carefully putting cash into phys
and reducing bureaucracy in the single market. it s all part of an eu push to strengthen the bloc s economy and help it catch the us and china. rainer riess, is the director general of the federation of european securities exchanges. how much closer are we getting to cmu? and what would that mean? i think not too close, i think we made some progress, but it is a project that is dating back from 2015, lord hill, the last british commissioner, actually, had the vision to bring european capital markets closer together and to catch up with the us to diversify funding sources for business,er specially for small and medium enterprises and the idea behind it is to foster growth innovation and resilience in the eu economy and obviously this would bring a lot of benefits, lowering barriers within the european union, for cross border investments, making funding more available for smes, strengthening the role of the markets to fund the green position. defence is now a big topic. a lot o
what is there in the election for young voters? national service, reform, covered in the cost of living crisis? what is in it for you? and rishi sunak says he is incredibly angry about the betting scandal. good evening live from the newsnight studio, where our guests, young, old, well, older and somewhere in between, entertain us with interviews and searing, late night insight. we shouted out for younger voters to get in touch about how they re feeling about the election. 26 year old harrison from bournemouth came straight back. hello, newsnight, definitely feeling ignored during this campaign. six months ago, i had to quit myjob in watford and move back home to live with my parents in bournemouth with the cost of renting being the leading factor in my decision. i simply couldn t afford to live where i worked. i haven t heard anything from any of the political parties during this campaign that i think will materially improve the lives for young people. we ve got a stuffed so
Children he murdered. And why does this tiny island in the South Pacific have more plastic rubbish washing up on its shore, than anywhere else in the world . Its 5 oclock. Our main story The Labour Leader Jeremy Corbyn has officially launched the partys General Election manifesto, describing it as a Blueprint For What Britain could be. He chose bradford for the event saying it was a radical and radical and responsible plan for government. Ben brown has been at the launch event and is in bradford for us now. Im ben brown live in bradford where The Labour Leader Jeremy Corbyn has officially launched the pa rtys General Election manifesto, some of the details of which were leaked last week. We now know that it includes proposals to renationalise the Water Companies as well as the railways and the royal mail. There would be more Free Childcare for two year olds and some one year olds. And University Tuition fees in england would be scrapped. 0n taxation, it proposes a 45p tax rate on earni