shares in the swiss banking giant credit suisse fall to a record low as investors remain worried after the collapse of silicon valley bank. a high court in pakistan orders police to halt their operation to arrest former prime minister imran khan until thursday, following clashes between police and his supporters. conflicting accounts from washington and moscow as a us drone crashes into the black sea after an encounter with russian fighter jets. and a small number of wolves settle in belgium for the first time in more than 100 years as numbers rise across europe. hello. we start here in the uk where the chancellorjeremy hunt has been setting out his budget, pledging to build for the future . the uk economy is set to shrink this year, but it is no longer expected to enter a recession. mr hunt also says the inflation forecast is to fall from above 10%, to just under 3% by the end of 2023. but the labour leader, sir keir starmer, accuses the government of dressing up stagnat
instability and rising mortgage rates for some time to come. downing street says the prime minister is now focussed on ensuring economic stability, but with most of her plans now ripped up, we ll be asking whether liz truss can survive, and getting reaction from voters. also this lunchtime 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. and against the odds, scotland s cricketers beat the west indies in one of their greatest ever victories. and coming up on the bbc news channel scotland have made a winning start to their t20 world cup campaign with a shock defeat of the west indies in australia. good afternoon. 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, aimed at reassurin
plane crashed in nepal. the yeti airlines flight came down close to the tourist town of pokhara. it s thought a number of foreign nationals are among the dead. nepalese airlines have a poor safety record and are banned from european union airspace. caroline davies has the latest, and a warning there may be distressing images here. believed to be the final moments before the crash, flying low and the sound of the impact. this video appeared on social media, reportedly showing the yeti flight. shouting. at the site, chaos and confusion as smoke and flames engulf the charred crater where the plane crashed. this is only 1.5km from the flight s destination, pokhara airport. the crowds step around what s left tangled metal and plastic. among the passengers, 53 were from nepal, five from india, four russians, two koreans and one passenger each from ireland, australia, argentina and france. the plane took off at 10.32 this morning from kathmandu. an airline commander said the incid
hello, this is bbc news. i m kasia madera. the headlines: donald trump s former strategist steve bannon has been found guilty of contempt of congress. he was charged after refusing to testify to the inquiry into the january 6 riots at the us capitol and could face two years in prison. ukraine and russia have signed a deal which will allow the resumption of ukrainian grain exports from ports on the black sea. they had been blocked by russia, following the military invasion. russian exports will also be guaranteed safe passage. the european commission has launched fresh legal action against the uk. it says there is a failure to comply with the post brexit trading arrangements for northern ireland. there are warnings that the the gridlock around the english channel port of dover could get worse over the weekend. officials declared a critical incidents today. i ll be back later with a full round up of the day s news. but first, with all the week s political news, here s newscast.
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