Notice, blaming the stand off over the debt ceiling which was ultimately lifted any last minute bipartisan deal. The feud was cited by fitch is one of the reasons for the downgrade. Make no mistake, this is a major black eye for america. The us treasury, essentially government ious are seen as the bedrock of the Global Financial system. Fitch is essentially pointing out there is an erosion of trust in american leadership. Given the death and perceived safety of us treasuries, this downgrade is not likely to change its role in the financial system. Likely to change its role in the financialsystem. It likely to change its role in the financial system. It could, likely to change its role in the financialsystem. It could, however, make it potentially harder and more expensive for the government to borrow in the future. Right now the Us Government owes 30 trillion in debt. Fitch is highlighting that the Us Government has too much debt doesnt have a way to bring it down. And at washington at
Thank you. And thats bbc news at ten. Theres more analysis of the days main stories on newsnight, with kirsty wark, which isjust getting under way on bbc two. The news continues here on bbc one, as now its time to join our colleagues across the nations and regions for the almost a year since the start of the Women Life Freedom Protests in iran, we have a Special Report with defiant voices inside the country as the Morality Police double down on the repression of women. So how should the uk calibrate relations with iran . Well be joined by a Iranian American Human Rights researcher whose father was a political prisoner who died under house arrest and the former uk ambassador to iran. Also tonight, to raise or not to raise should the Bank Of England hike the Interest Rate tomorrow, or can the economy do its own work now . Two senior economists argue it out. The upcoming ruthergen and Hamilton West by election expected to be a major Snp Labour Battle could be a bellwether for the general
Weve got seven children, so weve got nothing to dry our clothes on, we cant hang clothes out, so were all a bit wet. Were making the best of it. We are having fun, were all together. Harman is here from london with his family, who are visiting from india. I was wondering that, given its the month of august now, it would be, like, good weather for beach, but british weather is as uncertain as ever. Martha has taken the weather as it comes day by day. Weve got four days camping. So, yeah, rain the first day, | its obviously very windy and wet today, but yesterday, we all got sunburns back at hoburne holiday park, guests see this wet weather as part and parcel of a Quintessentially British summer and, in true british fashion, take in the weather in their stride. You bring your raincoats, you bring your shorts, you bring a bit of everything, dont you . And then youve got it in the car if you need it. And weve needed it not a true british holiday, isnt it, if you dont have a bit of rain . B
The boss of one of britains biggest banks has apologised to the former Uk Independence Party leader nigel farage after a row over why his Coutts Bank Account was closed. Alison rose, the chief executive at natwest, says comments made about him were deeply inappropriate. Mr farage said his account had been closed because his political views didnt align with the banks values. Tonight ms rose has repeated her offer of Alternative Banking Arrangements for him at natwest which owns coutts. The governement has announced that banks will now face tougher rules over closing customers accounts in a move designed to protect freedom of expression. Heres our analysis editor ros atkins to explain. This is a story about banking and political beliefs, and it starts here. I had a phone call a couple of months ago to say, we are closing your account. I asked why and no reason was given. Mr farage suggested it was politically motivated. That was late june. By earlyjuly, there was a twist. A bbc headline
The boss of one of britains biggest banks has apologised to the former Uk Independence Party leader nigel farage after a row over why his Coutts Bank Account was closed. Alison rose, the chief executive at natwest, says comments made about him were deeply inappropriate. Mr farage said his account had been closed because his political views didnt align with the banks values. Tonight ms rose has repeated her offer of Alternative Banking Arrangements for him at natwest which owns coutts. The governement has announced that banks will now face tougher rules over closing customers accounts in a move designed to protect freedom of expression. Heres our analysis editor ros atkins to explain. This is a story about banking and political beliefs, and it starts here. I had a phone call a couple of months ago to say, we are closing your account. I asked why and no reason was given. Mr farage suggested it was politically motivated. That was late june. By earlyjuly, there was a twist. A bbc headline