we start here in the uk, where as you have been hearing the pressure on prime minister liz truss is building after another day of political chaos. the exit of a key cabinet member, home secretary suella braverman, who delivered a blistering attack on her former boss in her resignation letter. then a huge row in the house of commons over a vote on fracking, seen as a test of loyalty to the prime minister. it saw the pound fall sharply on wednesday, wiping out all the gains made this week after liz truss replaced her chancellor and abandoned the tax cutting plans that had rattled the markets. our political editor chris mason was following events. conservative mps are openmouthed in horror at what they are witnessing, government six week old histjunked the majority of its programme and removed a chancellor in a day of complete chaos, at lunchtime a senior adviser to the prime minister suspended over allegations of briefing against conservative mps, after prime minister s questi
most of the time patients have a great experience but we must not paper over the problems we face. we expect backlogs to rise before they fall. a teenager is arrested after a 15 year old boy was stabbed outside his school in huddersfield in west yorkshire. five british captives who were held by russian backed forces in ukraine are released in a prisoner exchange. ministers lift their ban on fracking in england in a bid to increase energy production but critics are warning about environmental damage and a risk of earthquakes. retiring tennis champion roger federer will play the final match of his career in a doubles team alongside his long time rival rafael nadal as part of the laver cup tomorrow. good afternoon and welcome to bbc news. interest rates have been raised to 2.25%, the highest level since 2008. it s the seventh consecutive time that they ve been increased by the bank of england, in an attempt to curb soaring prices. the rate has gone up from 1.75%. the bank of e
slows in the uk for a second month in a row, but remains close to a ao year high. there is still a long way to go in the battle against inflation for families up and down the country who are seeing food price inflation of nearly 17% and that is causing a massive hike in the cost of the weekly shop. philippinejournalist and nobel peace prize winner maria ressa is cleared of tax evasion charges. in tennis defending men s champion rafa nadal is out of the australian open at the second round stage after defeat by american mackenzie mcdonald. hello and welcome if you re watching in the uk or around the world. officials in ukraine have told the bbc that the country s interior minister denys monastyrsky and his deputy are among at least 18 people who ve been killed in a helicopter crash in a suburb of kyiv. there were nine people including mr monastyrsky aboard the helicopter. some of those killed were on the ground. the regional governor said the aircraft came down near a kin
into recession this year. its big boss there she is, managing director kristalina georgieva, joins me for an exclusive interview about the year in front of us. also on the show, as the fashion world mourns the loss of iconic designer dame vivienne westwood, we ask if the world of designer clothes will ever be as collectible as the world of art. yep. the boss of vestiaire collective, that s the global fashion resale sitejoins me to tell us what you should buy to make your wardrobe make money. wherever you rejoining me from around the world. once again, a big hello and a warm welcome to the show. you know, while we always like to have a warm start to the year, i ll tell you what, it s looking pretty bleak for the global economy. the pressing issues of 2022 didn t go away at the stroke of midnight on december the 31st. in a few minutes, we re going to be hearing from the managing director of the imf, the international monetary fund, kristalina georgieva. she s going to talk abou
ready to form a new executive. a new election will be called at one minute past midnight if no executive is formed that s 2a weeks since the last poll. in other news: the oil giant shell reports quarterly profits of nearly $9.5 billion its second highest on record but pays no windfall tax in the uk. and now we know the title of prince harry s much anticipated and controversial memoir. it s called spare, and it documents his move to america. the elected assembly which runs northern ireland is hours away from collapsing, over the region s post brexit trade arrangements. politicians have until one minute past midnight uk time that s around five hours from now to restore a power sharing agreement before a new election is called. political parties met at stormont today in a last ditch effort to try to form a new executive nearly six months after they were elected. procedures though are being blocked by the democratic unionist party the dup which objects to the no