interest rates are expected to rise sharply today, as the bank of england attempts to tackle soaring prices. the bank is expected to increase its base rate by three quarters of a percentage point from 2.25% to 3%. that would be its eighth consecutive increase since december, pushing the rate to its highest level for m years. it would also mark the biggest single increase since 1989, and could have a big impact on the cost of living and people s finances. our correspondent navtej johal has this report. omar is a veterinary surgeon based in derby. he came to the uk four years ago and had planned to buy a home and settle here long term. with interest rates here expected to rise further today, which is likely to make mortgages more expensive, omar says he s now considering whether he should even stay in the uk. have you lost trust in the uk? i trust my colleagues, i trust my friends, i trust a lot of people in the uk. it shook my trust in the system. and you may move, you may lea
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
more children could die. i ll be joined by correspondence to discuss the conservative leadership contest in the crisis in ukraine and the departure from iraqi politics. stay with us on bbc news. hello and welcome to bbc news. after weeks of debate, voting has closed in the conservative party leadership race. after two months of campaigning, and eight initial candidates whittled down to two, we ll find out on monday whether liz truss or rishi sunak has been chosen by party members to be the next leader and so prime minister. here s our political correspondent ben wright: after a long, rancorous campaign, it s now time to count the ballots. just 160,000 tory party members are picking their next leader, the next prime minister. and the challenges facing them are huge. they were spelt out today by the current chancellor. he is backing liz truss, presumed frontrunner. there are no easy options. we have war on our continent. we havejust come through a pandemic. but this economy i
hello and welcome to bbc news. after weeks of debate, voting has closed in the conservative party leadership race. after 2 months of campaigning, and 8 initial candidates whittled down to 2, we ll find out on monday whether liz truss or rishi sunak has been chosen by party members to be the next leader and so prime minister. here s our political correspondent ben wright: after a long, rancorous campaign, it s now time to count the ballots. just 160,000 tory party members are picking their next leader, the next prime minister. and the challenges facing them are huge. they were spelt out today by the current chancellor. he is backing liz truss, presumed frontrunner. there are no easy options. we have war on our continent. we havejust come through a pandemic. but this economy is resilient. how will they handle soaring inflation? i borisjohnson s ejection from office injuly triggered a stampede of wannabe successors. tory mps had the job of picking two final candidates. sunak,