government s in panic. the country will pay a lasting price for putting is through this ideological experiment and will pay a lasting price through economic instability and rising mortgage rates for some time to come. and in other news. the head of the metropolitan police says hundreds of his officers should have been sacked for gross misconduct. civilians rescued in the ukrainian capital after an attack by russian kamikaze drones. scotland s first minister nicola sturgeon has set out her economic argument for leaving the uk, including plans move to a scottish currency when the time is right . the new chancellor, jeremy hunt, has scrapped almost all of the key measures in last month s controversial mini budget, in the latest in a series of government u turns. in an emergency statement, he abandoned indefinitely the planned 1p cut in the basic rate of income tax, that had been due to come in next year. help with energy bills will now only last until next april instead of for
announced by his predecessor, kwasi kwarteng, in last month s mini budgetjust three weeks ago. in an emergency statement this morning, he abandoned indefinitely the planned ip cut in the basic income tax that was due to come next year. help with energy bills will now only last until next april. instead of for two years, and then that will be reviewed. today, jeremy hunt claimed all of those announcements will save £32 billion a year, but he also warned that there are going to be more difficult decisions ahead on tax and spending to cut government debt. he will be addressing mps in the commons later this afternoon, some time after lipm. before then, there will be an urgent question in there will be an urgent question in the commons asked by sir keir starmer. it will not be liz truss responding to that, it will instead be penny mordaunt. so plenty ahead in the commons. in terms of the market reaction, jeremy hunt said that he had sought to reassure the markets this morning and
pope francis leads mourners for his predeccessor benedict xvi at an open air funeral mass at the vatican. upset for emma raducanu after she retires from her second round match at the asb classic in auckland with an ankle injury. and coming up this hour hear more from the girl group flo, who are the winners of the bbc s sound of 2023 award. sir keir starmer has promised that a labour government would devolve more power out of westminster by giving local authorities more say in areas such as transport and housing. the labour leader said in a new year speech that taking back control borrowing from the brexit slogan would be central to his party s agenda if it won the next election. it s not unreasonable for us to recognise the desire of communities to stand on their own feet. it s what take back control meant. the control people want is control over their lives and their communities. so we will embrace the take back control message, but we ll turn it from a slogan in
the #bbcyourquestions no outright winner in the brazilian election left wing candidate luiz inacio lula da silva and right wingerjair bolsonaro will go to a second round run off. an investigation s underway after at least 125 were killed in a crush at a football match in indonesia one of the world s worst stadium disasters. the king and queen consort will undertake their firstjoint public engagements today since the end of the period of royal mourning for the queen. and, meet mr doodle the man from kent who makes his living from doodling and has covered his whole house in drawings. hello and welcome if you re watching in the uk or around the world. the government has this morning performed a huge u turn and abandoned its plan to scrap the 45 pence top rate of income tax. the announcement, from chancellor kwasi kwarteng , came just a day after the prime minister liz truss backed the policy. in a statement, mr kwarteng said the 45p tax plan had become a huge distract