we start with the latest market action and as the trading day began in asia the pound started to slide down nearly 5% at one point against the us dollar that s on top of the 3.6% dive on friday. investors are running for the exits as fears mount the new government s shock and awe tax plans for the uk economy are too big a gamble. on friday the chancellor, kwasi kwarteng, announced historic tax cuts, and the biggest increase in borrowing since 1972 to pay for them. there is now calls for the bank of england to take emergency action to calm rattled markets and bolster sterling. so let s look at how the pound is trading now. it has been hovering around just over $1.05 but one hour ago we were looking at the pound buying $1.03 so it has recovered a tiny bit but not much and you can see that the markets in asia are fairly mixed and we have the price of oil edging lower as well. joining me now is simon french, chief economist at panmure gordon. is at panmure gordon. this what
a confusing world. welcome to your world. i m neil cavuto. happy to have you with us. let s go to jacqui heinrich on what we re likely to hear from the president. hi, neil. we re getting a closer picture of the strategy here at the white house. we ve heard from the president before and seeing more of now telling voters that things will get worse with the economy if republicans take back control of congress. we got an unusual e-mail in the white house press core from andrew bates telling us to watch an interview that house minority leader kevin mccarthy is going to be doing with punch bowl next week. bates writes to us in an e-mail, kevin mccarthy continues to show cause how eager maga republicans are to make inflation worse if it minds a wind fall for rich special interests at the expense of the middle class families. nobody gives more compelling proof for the fact that republicans in congress would exacerbate inflation and sell hard working families out to special intere
down. i m no historian, but didn t somebody else get impeached for that? despite his embarrassing courtship, the president is vowing to reassess our relationship with the oil-rich nation. looks like he was wrong when he said nobody messes with biden. we find ourselves in a position, as beggars, the most powerful country in the world. the democrats will do anything to try to keep gas from increasing. going to dictatorships like venezuela, pleading with them. alienating longtime partners in places like saudi arabia and the united arab emirates. jesse: if you think the president is done reassuring the saudis, stagehand. we are about to talk to them. in what way, sir? stay tuned. jesse: it does not stop there. biden is straight up lying to the american people, saying that he is making skyrocketing inflation better. making the absurd claim about republicans in an attempt to sway the midterm vote. we have got an election in a month. voters have to decide, democrats
he beat britain s anthony joshua on a split points decision. the fight in saudi arabia was a rematch of usyk s victory in london in september. now on bbc news, the media show. hello. in march this year, the bbc gave one of its biggest soaps, holby city, a do not resuscitate order after 23 years. injuly, channel 5 decided we no longer needed good neighbours and the sun went down on ramsay street after 37 years. but cast your minds back to christmas day, 1986. anyone remember this? this, my sweet, is a letter from my solicitor telling you that your husband has filed a petition for divorce. happy christmas, ange. that was dirty den handing angie watts divorce papers after she d lied to him about having six months left to live. 30 million people tuned in to watch that episode of eastenders, more than half the population. today, the show averages between 4 and 6 million per episode, much of it through iplayer. so do soaps matter any more? what s their place in the cultural landsca
this, my sweet, is a letter from my solicitor telling you that your husband has filed a petition for divorce. happy christmas, ange. that was dirty den handing angie watts divorce papers after she d lied to him about having six months left to live. 30 million people tuned in to watch that episode of eastenders, more than half the population. today, the show averages between 4 and 6 million per episode, much of it through iplayer. so do soaps matter any more? what s their place in the cultural landscape? are we going through a messy den and angie divorce with them? or is it still enduring love, like scott and charlene? i m joined by sir phil redmond, creator of three of the biggest british soaps of all time grange hill, brookside and hollyoa ks. daniel kilkenny is soaps editor for entertainment news website digital spy. tv critic and soap fan emma bullimore is here, and charles collingwood, who s been farming, flirting and digging into his wife s venison pie for a whopping 4