look at what it is like to take over a long running family business. time now to get down to business. we begin with energy. it will be clean and safe and power 1.8 million homes in the north of england and the midlands. that is the plan presented by the uk government and the netherlands who have announced the world s largest multiuse electricity powerline built under the north sea. the will connect the uk in the netherlands with offshore wind farms providing energy to britain aiming to reduce household bills. this announcement comes at the start of the second north sea summit which kicks off today in belgium, the founding countries are belgium, denmark and the netherlands will be joined by france, uk ireland norway and luxembourg and the largest ever coalition around energy in the northeast off let s talk to jess ralston head of energy at the energy and climate intelligence unit. first of all, uk government is saying it s the s largest of its kind, powerline is delivering c
united states, and flying basically west to east. it attempted to surveilled very sensitive military sites. in some cases it loitered. or return to them. as it progressed east. so there is no doubt in our minds at all that this was a surveillance balloon and be it was attempting to engage in active surveillance. as for the meeting with the china diplomat, blinken said as a direct conversation about the spy balloon. there is one thing blinken did not get from china, an apology. i will tell you know, there is no apology. i told them that was unacceptable. oh, but the rest of the bite administration seem to love his unacceptable message. believe me the message was clearly sent to china this is unacceptable. secretary blinken was able to deliver that message in munich. what secretary blinken said to the chinese it was very clear what the chinese did was totally unacceptable. i am sure china is shaking in their boots. appreciate the audible laughter from you, charlie dur
with the proposition is coming out of the treasury about how to get public finances back into a sustainable state. also this afternoon rishi sunak reintroduces a ban on fracking reversing liz truss decision to ban it. please do be respectful of the host nation, they will try, they are trying to ensure that people can be themselves and enjoy the football. ukrainian and russian forces prepare for what could be a bloody battle for the occupied city of kherson. good afternoon, and welcome to bbc news, live from westminster. the chancellorjeremy hunt has announced he is delaying the economic statement due on monday, in which he was expected to lay out plans for getting the government s finances in order. he will instead deliver a full autumn statement on 17 november. the news came shortly before rishi sunak took part in prime minister s questions for the first time since he entered number ten. at pmqs, he came under pressure from labour about his decision to appoint suella braverm
energy companies post big increases in profits as uk customers face soaring household bills. right on time! tributes are paid to the star of the railway children and narrator of the wombles bernard cribbins, who has died aged 93. and coming up on the bbc news channel. the lionesses will take on germany in the euro 22 final at wembley after the eight time champions saw off france in their semifinal. good afternoon and welcome to the bbc news at 0ne. the commonwealth games 2022 opens here at the alexander stadium in birmingham later today. this huge space seats 30,000 people and although we don t entirely know the themes of the opening ceremony, you get hints of how they want to celebrate birmingham, with a mock canal and brickwork heralding its industrial past and graffiti and skateboard ramps celebrating its gritty present. 0rganisers say it s the biggest in the event s history. prince charles will represent the queen tonight and performances will include local music and danc
we start here in the uk, where the bank of england has raised the cost of borrowing to its highest level in 13 years. the quarter of a percentage point rise, to 1.25%, was less than some were expecting. but financial markets are now betting uk interest rates will have to rise a lot further from here, to get control over soaring inflation. the worry is, too steep a rise in borrowing costs could tip the economy into recession. and the warning signs are already there. our economics editor faisal islam reports. on faisal islam reports. the outskirts of doncaster, a on the outskirts of doncaster, a successful business, the crown hotel, grappling with energy, food prices and wages going up at the same time that household income is being squeezed and now a relentless run of interest rate rises to hit some buyers on variable rate within hours. hit some buyers on variable rate within hours. with got a mortgage rate within hours. with got a mortgage and rate within hours. with got