the pound remains under pressure from market concerns about government borrowing to fund tax cuts. a state funeral is due to be held for the former japanese prime minister shinzo abe. leaders from across the world are expected to be at the service. the event will start in just under an hour but there has been growing opposition with detractors citing the cost. and honours even as engalnd and germany share six goals in their final game before the qatar, world cup. of an asteroid travelling at 14,000 miles per hour! it s the first time it s ever been done, and it s hoped that it ll teach us how to change the speed and path of future asteroids and planets. our science editor, rebecca morelle, has been taking a look at what happened. closing in on the target. images beamed back from 7 million miles away as a nasa spacecraft approaches an asteroid. the details of the rocky world are revealed. but this probe isn t here to study it. itsjob is to knock the space rock off course by
awaiting visual confirmation. bullseye! nasa successfully crashes a spacecraft into an asteroid to see if it can push it off course in its first planetary defence mission. not quite lift off for england, but a second half comeback against germany sees gareth southgate s side produce a confidence boosting 3 3 draw in their world cup send off. good morning. another day of sunshine and showers. some of the shower especially in the north and north east will be heavy and thundery, windy again, and it will feel cool for the time of year. all the details throughout the programme. it s tuesday the 27th september. our main story. banks and building societies have withdrawn some of their mortgage deals because of the volatility on global markets. interest rates are expected to rise significantly over the coming months with analysts predicting they could edge up towards 6% next year. vincent mcaviney reports. a volatile start to the week for the pound and the uk. the early morning plu
stability after a fall in the value of the pound. sterling s price has now steadied on the foreign exchange markets after slumping to an all time low against the us dollar on monday. vincent mcaviney reports a new day of trading after a difficult start to the week for the pound and the ”thielii s; isihzefiéiéggi; 1 t the t of sterling in the value of sterling to unprecedented depths against dollar impacts petrol, food the dollar impacts petrol, food mortgage the the dollar impacts petrol, food economy. 5 the the dollar impacts petrol, food economy. the the the dollar impacts petrol, food economy. the chancellor: tight lipped. tight-lipped. - to make about going further cuts in with tax cuts in borrowing which had spooked international markets confidence in the of liz government of liz truss. the
for the pound and the uk. the early morning plunge yesterday in sterling s value to unprecedented depth against the dollar impacts petrol, food prices, mortgage costs, and the wider economy. what are you going to do about the turmoil on the markets this morning, sir? the chancellor remained tight lipped. i m not going to make any comment now. thank you. but it was his mini budget and subsequent comments over the weekend about going further with tax cuts and borrowing which had spooked international markets confidence in liz truss new government. the problem is that nobody knows whether we can afford it or not. and so the market is pricing in the possibility that this is a big, you know, experiment that may backfire. to give you a sense of how dramatic a fall the pound has taken, in 2007 before the financial crisis it was on average $2 to a pound. but yesterday it had tumbled to almost $1 to £1 parity.