you normally do not see this in a g7 economy. and it s one of the most glamorous sporting events in the world formula one roars back into singapore this weekend. live from our studio in singapore. this is bbc news. it s newsday. it s 7 in the morning in singapore, and 7pm in the us state of florida, which has been hit by one of the most powerful hurricanes in the history of the united states with winds of up to 150 miles an hour. hurricane ian has torn a path of destruction through towns and cities, leaving more than 2 million homes and businesses without power, and experts warning of life threatening flooding. and it could cause more damage as it heads north into the carolinas, the storm system has regained hurricane strength. our north america correspondent, john sudworth, reports from fort myers. florida had been told to brace for a life threatening event and the city of fort myers was the first to feel the hurricane s power. at their peak, wind speeds reached over 150
tonight at ten the international monetary fund weighs into the financial uncertainty in the uk, criticising the government s plan and saying it s likely to increase inequality. meanwhile, there are concerns that costs could rise including mortgages after the bank of england hints a sizeable interest rate rise could be coming. i think it is hard not to draw the conclusion that all this will require a significant monetary policy response. the chancellor has defended the government s plan and has today tried to reassure big investors and critical mps from his own party. also tonight. sir keir starmer sets out his plan to the labour party conference including a state owned green energy company. britain will get its future back a country where aspiration is rewarded, where working people succeed, a force for good in the world, a clean energy superpower, a fairer, greener, more dynamic nation. two pipe lines that carry gas from russia to europe suddenly spring a number of l
care workers out of theirjobs. it s the late, late show at old trafford, as an injury time winner earns manchester united victory in the europa league, which keeps alive their chances of winning their group. we are live at king s cross station in london. say happy birthday to the world s most famous train, the flying scotsman, celebrating 100 years on our ways. and as we steam towards the weekend, expect a mishmash of cloud, sunshine and rain at times. sunday looking driver many. coming up. good morning. it s friday, the 14th october. our main story. the chancellor kwasi kwarteng has cut short his visit to the us to hold urgent talks with the prime minister, as pressure mounts on the government over its mini budget. liz truss is facing intense pressure to reverse her tax cutting plans, in a bid to reassure both the financial markets and her own party. frances read reports. behind closed doors in downing street, everything is back on the table. billions of pounds of borrowing
indonesia has sacked a police chief in east java after one of the world s worst football stadium disasters. at least 32 children were among 125 people who died in the crush. since the events of the mini budget, the pound has regained most of its losses, but the costs of government borrowing and mortgage interest rates are still significantly higher. it was meant to be growth it was meant to be a growth plan, not a budget. it was meant to underpin the confidence of investors in all projects from those involving towering cranes to ordinary house moves to make that investment. but instead, it amplified an interest rate shock from around the world and targeted it at the uk. if i look back at this, natwest last week were quoting a five year fixed rate at 3.77, whereas the changes that were made today, their five year fixed rate cheapest is 5.14. and that s with a 40% deposit. and that was with a 40% deposit, yeah. 10 minutes walk from the chancellor s speech, a birmingham mortgag
in a major scientific achievement, nasa says its attempt to deflect the path of an asteroid has been a success. last night, the police arrested him for killing hemsley post. and one of the last stars of hollywood s golden age, the actress angela lansbury, has died, at the age of 96. live from our studio in singapore, this is bbc news. it s newsday. welcome to the programme. president biden and g7 leaders have said they will provide ukraine with military and financial support for as long as it takes as they warned russia against using weapons of mass destruction. the leaders made the commitment at an online meeting, in which they promised severe consequences should moscow s rhetoric on nuclear weapons become more than just words. the meeting was addressed by president volodymyr zelenskyy, who called for more help with air defence following two days of russian missile attacks. paul adams reports from kyiv. in kyiv, a day of welcome calm after yesterday s storm. air raid sirens