inflationary pressures will require a stronger response than we perhaps first thought in august. manchester united footballer mason greenwood is arrested for allegedly breaching bail conditions that were set after he was taken into custody on suspicion of rape and assault injanuary. more than a0 turkish miners are now known to have died following an underground explosion dozens of others were injured. rugby league world cup hosts england get off to a flying start in the opening game of the tournament against samoa. good afternoon. the new chancellor, jeremy hunt, has today indicated that he will make major changes to liz truss economic strategy. mr hunt appointed yesterday after kwasi kwarteng was sacked from thejob said mistakes had been made by the government. he warned of difficult decisions ahead , suggesting taxes may have to rise and refusing to rule out spending cuts. meanwhile, in the last hour, the governor of the bank of england has predicted that uk interes
pressures will require a stronger response than we perhaps in august. manchester united and england footballer mason greenwood is charged with attempted rape, engaging in controlling and coercive behaviour, and assault. more than a0 turkish miners are now known to have died following an underground explosion dozens of others were injured. and rugby league world cup hosts england get off to a flying start, crushing samoa in the opening game of the tournament at st james s park good afternoon. the new chancellor of the exchequer, jeremy hunt, who has refused to rule out public spending cuts, and said taxes may have to rise. mr hunt appointed yesterday after kwasi kwarteng was sacked from the job said mistakes had been made by the government and warned of difficult decisions ahead . and in a further problem for the government, the governor of the bank of england has predicted that in order to combat inflation uk interest rates may have to rise even higher than expecte
this has been seen as a sort of reality check really and possibly, whispering it, even a turning point. yeah and the markets open on monday or sunday night, so what is your assessment, your thoughts of how they are going to react? first of all, a large chunk of this is driven by the turmoil we ve seen in the markets over the last few weeks, the pound has been battered, the cost effectiveness of government birriwing has gone through the roof along with many people s mortgage rates as well. inflation stubbornly high, the bank of england having to emerge and step in to prop up pension funds. the initial reaction of people i spoke to today said they are cautiously optimistic, they welcome this fresh thinking. they thinkjeremy hunt is a money contrast, he gets it, in city speak. but yes, the credibility remains pretty low and it comes with quite a low point. the problems remain. the government still wants to borrow tens of billions of pounds to help everyone out with their energy bills and
first of all, a large chunk of this is driven by the turmoil we ve seen in the markets over the last few weeks, the pound has been battered, the cost effectiveness of government birriwing has gone through the roof along with many people s mortgage rates as well. inflation stubbornly high, the bank of england having to emerge and step in to prop up pension funds. the initial reaction of people i spoke to today said they are cautiously optimistic, they welcome this fresh thinking. they thinkjeremy hunt is a money contrast, he gets it, in city speak. but yes, the credibility remains pretty low and it comes with quite a low point. the problems remain. the government still wants to borrow tens of billions of pounds to help everyone out with their energy bills and rising cost of living. that will need paying for. talking to the institute for fiscal studies earlier today, they said that sort of thing we could be looking at is very below inflation pay rises in the public sector and tight spend