and are earning more than ever before. let s start with oil prices, because they ve risen some 20% over the past three weeks. this time last week, prices surged after the oil cartel, opec +, decided it would reduce its combined output by 1.1 million barrels per day. crude prices climbed after the cartel s announcement, but later in the week they steadied, following the latest us and chinese economic data which suggested weaker post pandemic growth. so where are we headed? russ mould, investment research director at aj bell joins me now. i m very excited about this. you are down by the seaside in brighton but actually here today. on the bank holiday we dragged you in. what are your thoughts about oil right now? opec + is seen as this organisation by the white house is not especially helpful when it comes to our outlook for the global economy, cutting production and causing another spike in the price of oil which is very inflationary? it spike in the price of oil which is very
there is the wreck of the mary rose. it has come to the surface. and it s exactly a0 years since henry 8th s flagship the mary rose was raised from the bottom of the solent, after 437 years under the sea. the bank of england has been forced to intervene once again in the markets warning of a material risk to financial stability. the emergency move this morning will see the bank buy a wider range of government debt, in order to restore conditions in the markets. it follows on from yesterday s announcement of further meaures aimed at ensuring an orderly end to its emergency bond buying scheme. today the institute for fiscal studies think tank warnted the chancellor will need to make big and painful spending cuts to put the country s finances on a sustainable path. it suggests the chancellor could increase working age benefits in line with average earnings, limit public investment to 2% of national income and cut the budgets of every government department except he
trying to approach from the north west but lots of dry weather this afternoon, the best sunshine the further south and east you sit on top temperatures are around 16 degrees. underthe on top temperatures are around 16 degrees. under the cloud, some rain by the evening approaching western scotland and northern ireland, hides between 12 and 1a. this evening and overnight cloud continues to drift east across the uk, does not look like much will get into east anglia and the south east so we could defrost towards the end of the night. generally milder elsewhere because of the wind is picking up at the cloud insulating things, temperatures in double figures. northern ireland, wet overnight and first thing on wednesday. should brighton quite quickly across the north east of scotland, pain in the south lingering in the morning, drier weather for northern ireland for the second half of the day, temperatures very similar to today. england and wales overall have more cloud and patchy ra
are expected to run. hello and welcome if you re watching in the uk or around the world. a prince harry reportedly claims he was physically attacked by his brother william during a row over his marriage to meghan. the guardian has obtained a copy of spare, the highly anticipated book from the duke of sussex, days before it s due to hit the shelves. the bbc are yet to see a copy. aru na iyengar reports. there is stringent prelaunch security around this book but the guardian has published extracts of a copy of spare it has viewed. in the book, prince harry describes a meeting in 2019 at his home in london with prince william to discuss their faltering relationship. a furious row broke out, according to the book, during which prince william, now the prince of wales, described meghan, the duchess of sussex, as difficult, rude and abrasive. harry accused his brother of parroting the press narrative about his wife. the row escalated, and then, according to the book, harry claims he