with their energy bills after april is to be announced by the government. lots of storis in the mix today we d love to hear your thoughts on them. get in touch with me on twitter, @annitabbc, and use the #bbcyourquestions. and coming up, the final countdown. preparations are under way in cornwall for a rocket launch tonight that could mark a breakthrough moment in the uk s space race. harry has accused members of his family of being complicit in the pain and suffering endured by his wife, meghan. in two television interviews which were broadcast on itv and the american broadcaster cbs he admitted his relationship with his brother and father was strained but insisted he hoped for reconciliation. the palace hasn t commented on either interview, which were given in advance of the official release of prince harry s book spare. our royal correspondent daniela relph reports. harry, the interview. what an original name! the themes of the interviews were familiar. fury at the
welcome to the programme. amid the turmoil in uk markets this week, the chancellor met the us banks today and was told in no uncertain terms that his budget which he has planned for november is way too far away . the government needs to communicate much sooner, said the banks, on what the solution will be to the problem the city believes they created. it has been another chaotic day on the markets. this morning, the bank of england performed a screeching u turn, putting the brakes on its plan to sell government bonds and instead launching a new scheme to buy them. think of it as a form of digital money printing. the bank is creating funds to to buy bonds which the government issues to borrow money. and this is why. since the mini budget, the cost of government borrowing long term has shot up. it was spiralling above 5%. that s a 20 year high. we have seen rises in the last two days that would normally take years. the bank of england is buying up the debt, in essence creating
around western coasts, down into sunday. just a brief respite. still flood warnings in force and yet more heavy downpours still to come throughout the rest of this evening and overnight, particularly in the south where we will see gusty went around this area of low pressure, 50-60 around this area of low pressure, 50 60 mph and some thunderstorms around. we should pick these should become confined to the south and east by the end of the night and and east by the end of the night and a high pressure ridge building elsewhere and a colder night with frost in the glens of scotland and perhaps northern england, a touch of grass rust further south and probably a few pockets of fog with light winds around, perhaps in the central belt and further south. the rain should clear quite quickly from the south and east, some spray and standing water on the motorways but it looks as though tomorrow will be the driest and brightest day of the week. the fog will in places take time to clear
in the uk, as the bank of england warns the longest recession on record lies ahead. the united states calls for a un security council meeting to discuss north korea s continued use of ballistic missiles. and the world s disappearing glaciers a new report says a third could have melted to nothing in less than 30 years. live from our studio in singapore, this is bbc news. it s newsday. we begin the programme with dramatic developments in pakistan, where the former prime minister imran khan has been shot and injured while leading a protest march in the east of the country, calling for early elections. mr khan had been greeting supporters from the top of a lorry as a convoy of vehicles made its way to the capital, islamabad. he s been treated for injuries to his leg. pakistan s president called it a heinous assassination attempt. from pakistan, our correspondent samira hussain reports. thursday s protest march started like all the others, and then this happened. gunfire footage
you will see it like never before. tonight with the context, the former mayor of baltimore, stephanie rawlings blake, and the former uk ambassador to paris and national security advisor, lord peter ricketts. hello, welcome to the programme. it s hard to overstate how poorly the british government s fiscal event on friday has been received by financial markets. nothing in recent history compares with the price moves we have seen since. not brexit, not covid, 9/11 not even the uk s ejection from the exchange rate mechanism. the pound has slumped to its lowest ever level against the dollar. and the rate on short term gilts is now higher than italy or greece. 0rdinarily, tax cuts to promote growth might be welcomed by the city, when they are properly costed. but the government s critics would say that if there s no framework for the size of borrowing, nor any timeframe established to deliver the growth the treasury is chasing, then don t be surprised if markets are spooked. s