over the past week and beyond. what does it mean for the pound in your pocket, your mortage rate, and the future of the uk s economy? to help answer these questions, we have a panel of experts. andrew walker is a former bbc economics correspondent who has reported on many tumultuous events in economies around the world and will turn his weathered eye to what the uk has been experiencing. and from across the uk, we have mercedes osborne a director at the exeter based mortgage brokers pointers financial paul lewis, is a personal finance expert who presents the bbc s money box radio show and joins us from llandudno, and fiona cincotta is a currency expert and senior market analyst at city index the online trading platform. she s in north london. welcome to all of you. so, first, andrew how did all this turmoil start? the pound at one stage went to an all time low and lost ground against other currencies. the bank of england which is responsible for controlling inflation an
and i m chris rogers the other stories on bbc news. several regions of ukraine occupied by russia begin voting in so called referendums on whether to become part of russia. protests continue across iran after the death of a young woman detained by the morality police . her father says they lied about how she died. and some promising news. scientists say a new type of cancer therapy is looking hopeful. hello, i mjoanna gosling, in westminster ahead of the government s mini budget annoncement this morning. the chancellor kwasi kwarteng is expected to unveil tax cuts and increases in public spending as part of plans to boost economic growth. it s not a full budget that s due later this year but it still has some pretty sizeable changes.let s have a look at what could be announced. the chancellor will confirm it will let people keep more of their earnings by cutting national insurance contributions & go through with the plan to cut corporation tax. the government could als
are the biggest tax cutting budget in half a century. we ll find out what the changes mean for households. also this lunchtime: four russian occupied areas of ukraine are voting on whether to become part of russia in what the west sees as a move by moscow to annex the regions. a court has been shown distressing video footage about suicide and self harm that the schoolgirl molly russell viewed before she took her own life. and the multi award winning novelist dame hilary mantel, best known for her wolf hall trilogy, has died aged 70. coming up on the bbc news channel, can england rediscover theirform again? italy awaits tonight before germany on monday, with gareth southgate hoping to avoid the disappointment of relegation in the nations league. good afternoon and welcome to the bbc news at one. in a massive shake up of the uk s finances, the chancellor, kwasi kwarteng, has outlined a series of tax cuts and spending commitments that will cost £45 billion by 2027. the independ
we ll bring you analysis throughout the day on bbc news and if you want to send in your questions or thoughts on the mini budget get in touch i m @bbcjoannag on twitter or use the hashtag bbc your questions. and i m lukwesa burak the other stories on bbc news. the victims commissioner for england and wales dame vera baird resigns, describing the criminaljustice system as being in chaos. a 15 year old boy has become the second person to be arrested in connection with the murder of a 15 year old boy who was stabbed outside his school in huddersfield. and author dame hilary mantel, best known for her wolf hall trilogy, has died aged 70. hello, i mjoanna gosling in westminster, in a massive shake up of the uk s finances, the chancellor kwasi kwarteng has outlined a series of tax cuts and spending commitments that will cost £45 billion by 2027. the government says its policies will help boost economic growth. but critics say funding the tax cuts will lead to unsustai
more than a third of doctors whojoined the nhs in england last year came from overseas, according to bbc research unions say it s unsustainable. the first hosepipe ban of the year comes into force shortly, in southern england, after the driestjuly in more than 80 years. 0h! superb! and it s commonwealth gold for england s jack laugher and andrew harding in the men s synchro three metre springboard. and coming up in sport on the bbc news channel, targetting herfirst commonwealth games medal. scotland s laura muir qualifies for the women s 1500 metres final. good afternoon and welcome to the bbc news at one. the governor of the bank of england has defended the decision to raise interest rates, saying there is a real risk of soaring prices becoming embedded. the bank has forecast that the uk economy will fall into recession in the last three months of this year and that it will last well into next year. it also anticipates a further climb in inflation to more than 13%, t