not materialised yet. there are also worries about the indebted property sector today, moody's downgraded chinese property giant country garden again — the firm faces a crucial vote to avoid defaulting on a bond repayment. earlier i spoke to janet mui who is head of market analysis at rbc brewin dolphin. china is facing a number of problems. it all comes down to the slowdown in the property market. house prices are falling and housing transactions are slowing so that is why the largest developers in the country are suffering. country garden, for example, it was the largest property developer once, but they have suffered a loss of $6.7 billion. it is likely to go into default, it is warning. it adds further pressure on the general sector, the property sector, which affects consumers and the wider economy. this tells us an interesting story and it paints a picture of how china has managed its economy for so long. it has seen growing wealth and the money has been put into the banks of the country which have been lending out cheaply to construction and manufacturing firms, especially building houses. and now we are seeing the house bubble burst in spectacular fashion. china has got to do something to refocus it economy away from massive construction and infrastructure, towards domestic demand and domestic consumption but that is easier said than done? yes. it is difficult. the household mindset has high savings rate and chinese savings ratio is above 35% on average and the property sector is important and it affects sentiment. if property prices are falling and people are not confident about the housing market, they are not going to spend. the government eventually will still try to steam late housing demand. we already see that the authorities have announced there will be no more down payments for purchases for first time and second time home buyers and they are also lowering mortgage rates, trying to stimulate the economy and also trying to help the private sector by improving the supply of credit to these private enterprises but it will take some time. incrementally these steps are helpful but i think the structural issues are just too big. days— are just too big. particular days are 'ust too bi-. particular concern about construction, there is a particular concern around construction _ there is a particular concern around construction in _ there is a particular concern around construction in china, _ there is a particular concern around construction in china, as _ there is a particular concern around construction in china, as well, - there is a particular concern around construction in china, as well, as l construction in china, as well, as well as the slowing economy. the cost of living crisis is continuing to cause headaches across the eurozone, with the latest inflation figures for august showed consumer prices across the bloc rose by 5.3% in august, adding to pressure on the european central bank to push ahead with another rate hike at its september meeting. here's holger schmieding, chief economist at berenberg. if we look at the details of the data, the news in august, a bit above expectations, still at 5.3% was largely driven by an uptick in oil prices, excluding energy inflation, continues to come down gradually in the eurozone. so, the challenge for the ecb is whether it sees through this renewed uptick in oil prices and focuses on the underlying trend, which is a gradual slowdown in inflation, or whether it looks at the headline rate, sticky at an unacceptably high 5.3%. so, we have looked at china and the eurozone. two big snapshots of the health of the us economy within the last hour. first up — consumer spending. it accounts for two thirds of us economic activity. it rose 0.8% last month, more than forecast and a further sign that easing inflation, but rising wages are giving consumers a boost. but at the same time, less good news discount retail giant dollar general. it posted worse than expected results as consumers bought essentials — with lower margins, rather than discretionary extras. shares in the firm are down 36% so far this year. a retail analyst said these numbers means that consumers will be cautious in the months ahead. it certainly feels like the consumer has a little bit more money, but we have to understand that the federal reserve just increased the interest rates. that means that credit cards, to carry over balances, it's going to be more expensive for the consumer. we have the holiday season coming up just in a couple of months. people are starting to spend that money. so holding those credit card balances is going to be more expensive. to spend on credit will be more expensive. we see small businesses feeling the pinch as well. according to research from the data catalyst institute on a report that i worked on, we are seeing small businesses to the tune of 66% who sell both off—line and online feel the pinch of price. so when you have that combination, i am foreseeing that the consumer in general and especially retailers are going to see that wave of hesitation from the consumer as we get closer to november and december where that holiday season starts to take hold. to india now, india's economy grew at its quickest pace in a year in the april—june quarter, swelling 7.8%, thanks to strong services activity. it's in contrast to growth here in europe, infact india's economy is predicted to double in size in the next eight years and become the second biggest in the world later this century. our india business correspondent nikhil inamdar reports from mumbai. feeding her family of four, this humble vegetarian meal costs a third more than it did a few months ago. but prices are soaring and the money she brings home as a domestic helper isn't enough. she's now taken on part—time work as a seamstress to earn additional income. translation: i am a single earner in the family and we can't _ save anything any more. everything from food to gas cylinders costs more, we are very stretched. there isjust no respite in the prices of basic staples in food markets like these, and as the country's poorest suffer from soaring food inflation, the government has had to bring in curbs on the experts of essential commodities like rice, wheat and even onions to control domestic prices. this has global food security implications, say experts. india accounts for 40% of the global rice market. since the ban on non—basmati rice came into effect, prices have risen from markets like thailand by around 20%. and now the sugar ban under consideration could aggravate the situation. in case there is a ban on sugar exports, which the likelihood has increased because there is projection of sugar production being lowered next season, that would have an impact on global prices, and all the economies are right now focused on controlling inflation in their own economies. so i would say that india also has to take care of its own interest. food makes up for a big chunk of an average indian�*s monthly expense. while soaring prices are eating into disposable incomes, erratic rains and shaming dough changing climate patterns have led to lower yields for millions of indian farmers. this farmer has spent £3,500 sewing onions on this three acre plot of land and is staring at big losses this year. translation: the quality of the crop was very poor. because of the unseasonable rain. 80% of what i stored has rotted. i'm not going to be able to recoup my costs. with a big general election looming, unrest due to high food prices is a risk no government will want to confront. in other news... gloomy news from the uk high—street as hundreds of staff at the collapsed high street chain wilko will lose theirjobs in the coming days, the administrators have said. 12,500 people are currently employed by the company. the gmb union is hopeful that a buyer can still be found. the united states has expanded the restriction of exports of nvidia artificial—intelligence chips beyond china — to some countries in the middle east. a similar move last year, signaled an escalation of a crackdown on china's technological capabilities. nvidia says the curbs which effect its a100 and h100 chips — which speed up machine—learning tasks — would not have an immediate impact on its results. thousands ofjobs will be cut as ubs absorbs credit suisse, in a takeover that is reshaping swiss banking. ubs reported a 23 billion pound profit between april and june, in its first results since it bought its struggling rival. but the merged bank will shed 3,000 staff in the coming years as it aims to cut costs by more than £9 billion. around the world and across the uk. this is bbc news. they have a good amount of school uniforms and pe kits here, due to close are collected at schools across nottingham and washed before given to families who need some extra help —— used clothes. demand is increasing in the current economic climate.- is increasing in the current economic climate. this summer compared _ economic climate. this summer compared to — economic climate. this summer compared to last _ economic climate. this summer compared to last we _ economic climate. this summer compared to last we are - economic climate. this summerj compared to last we are dealing economic climate. this summer - compared to last we are dealing with around 55 children per week leading uniform whereas last year it was around 28 per week so it has roughly doubled. we are getting more referrals from different agencies. people use a charity saved as a vital service.— people use a charity saved as a vital service. the cost of food in addition to _ vital service. the cost of food in addition to the _ vital service. the cost of food in addition to the cost _ vital service. the cost of food in addition to the cost of— vital service. the cost of food in addition to the cost of uniform i vital service. the cost of food in | addition to the cost of uniform is massive — addition to the cost of uniform is massive but along with that they are also expressing great appreciation for a service like this, they are grateful— for a service like this, they are grateful that something like this exists _ grateful that something like this exists. at grateful that something like this exists. �* ., , ., , exists. at the moment they only su -l exists. at the moment they only sopply primary _ exists. at the moment they only supply primary school _ exists. at the moment they only supply primary school uniforms l exists. at the moment they only i supply primary school uniforms and the charity hopes that one day it can find ways to provide a secondary school uniforms as well. you're live with bbc news. in south africa at least 73 people, including several children, building in johannesburg. the emergency services said the building, in the city's former business district, was being used by homeless people. dozens of people were injured, and rushed to hospital. it's been described, as one of the worst fire incidents in the city's recent history. we have managed to retrieve bodies but we have not been able to process them all. for those that we only have parts, we will use dna to see if they belong to the body. a0 male adults were amongst those killed. some bodies were burned beyond recognition. among those i have mentioned, we have 12 children involved also in this tragedy. some ofthe involved also in this tragedy. some of the distressing _ involved also in this tragedy. some of the distressing details _ involved also in this tragedy. some of the distressing details there - of the distressing details there from that press conference about a5 minutes ago given that he may grow giving the latest —— giving the latest update on the figures. the south african president has cancelled an address to the nation and is heading to the scene to be briefed by emergency officials on the ground. we will have more in south africa late in the programme. —— later. a reminder of that breaking news — schools in england must immediately shut buildings made with a type of concrete that is prone to collapse until safety measures are put in place. more than 100 schools are being contacted before the start of term. the decision has come from the government who say... 0ur education correspondent, vanessa clarke gave us more details about the extent of the problem. about 10a more schools have been announced today. so we have around 50 schools that have already been contacted and now we have more than 100 more so we have more than 150 schools in total. this is a type of concrete that was used in buildings from around the 1950s until the 90s, so any school that was built or modified may have used this. schools have been doing a number of investigations to see if they have it but the department for education have slightly changed tack on this and they have said as a result of careful analysis they are taking precautionary and proactive steps to change their approach so any school where it is identified that these type of concrete is used, children will have to be moved out. so, before this there could be mitigations in place, but now no child or teacher will be allowed in that building so that is a significant step today. unions have said this has been a situation for some time and there is no real timeline on how this will be replaced. they say it is bad timing, especially with children are back to school next week, although the department for education said this is quite a small number of schools that are being affected. some have reacted to grant shapps's appointment with a degree of scepticism. grant shapps has had this to say... here's security correspondent frank gardner. ukraine is the military�*s main effort, but there are plenty of other challenges facing the new defence secretary. defence procurement is one, so in other words, the kind of securing the supply of new equipment, much of which is delayed or is running over budget. it's an absolute augean stables that every defence secretary has to try and grapple with. and i think when it comes to grant shapps, it all really depends on whether you want to see the glass half full or half empty. his detractors, of which there are many, say, "look, "this guy doesn't know the first thing about defence. "why are we putting somebody in there in charge of one "of the most important ministries in britain at a time when britain "is supporting a european ally in its war against russian invasion? "why are we putting in somebody in there who doesn't have any "military experience?" 0n the other side, that can be an advantage if the new defence secretary is prepared to listen to people. and he has got some experience of logistics, which are the unglamorous but hugely important part of any war fighting. so he's worked in transport and energy and he was in ukraine just recently, talking about energy. it's perfectly possible. i don't know if he knew he was at that stage whether he was going to get the job. but it's done him no harm to have already met some very senior ukrainian officials. now, frank, ben wallace, former soldier, of course, talked not that long ago about british forces being hollowed out over time. so it's notjust ukraine, they will want the three services to have a loud voice in cabinet, trying to get more resources to accommodate and combat all of that. i think it's unlikely that we're going to see grant shapps putting his head above the parapet on that one. i may be wrong, but he is first and foremost a politician. now, hopefully, he will listen to what people have to say about where the defence needs are. i mean, there are some really critical shortages perhaps coming down the pipeline in terms of artillery, of ammunition, of missiles and so on because britain has emptied out, not completely, but it's emptied a lot of the contents of its armouries, its warehouses, its arsenals and sent all this stuff overland to ukraine. ben wallace was really forward leaning on this. he was one of the kind of foremost figures in europe to say this is what ukraine needs, this is what we're going to supply them. and in fact, if anything, he was kind of one step ahead of the americans. the americans are much more cautious. they were very wary of upsetting the russians to the point that this war could spill out over into nato's borders, into nato countries. ben wallace decided clearly that putin was bluffing and that he wasn't going to retaliate in that way. so he started sending more and more lethal equipment, challenger 2 main battle tanks, stormer long range missiles, giving the go ahead and support for f—16 training, even though britain doesn't have f—16 fighter planes. but britain was one of those countries to say, yes, we need to give this to ukraine and let's help the dutch and the danes give them training for that. so that was quite controversial. i think that's probably one of the reasons why the white house didn't back his bid to become nato's secretary general. we nato's secretary general. have these pictures in r because we have these pictures in rome because we are seeing pope francis as he begins hisjourney to mongolia. it has been a busy few weeks for pope francis, especially after concerns over his health and his hospital stay. but you can see the preparations as the pope begins to embark on the jet that would take him to mongolia for the trip. those pictures coming into us and he will be in mongolia until the ath of september. we will keep a close eye on that trip no doubt over the coming days. five railway workers were conducting overnight maintenance work in italy. they were said to have been dragged for several metres. two of their colleagues working nearby escaped and the local mayor said an investigation has begun and the communication mistake appears to be to blame. when two teenagers were killed in an e—bike crash in cardiff in may, their deaths triggered a riot. dozens of police officers were injured, property was damaged and cars were set alight by residents who believed that kyrees sullivan and harvey evans were being chased by police. cctv captured the two boys being followed by a police van in ely — in the welsh capital. now a police officer, who had previously been served a gross misconduct notice — is being criminally investigated for dangerous driving. 0ur wales correspondent — hywel griffith — has more from cardiff. we already knew that the driver of the police van which had been following the two boys a couple of minutes before their death and another officer in the van had already been issued with gross misconduct notices. now, the driver, who was a serving police officer, we understand, has been informed that they are being investigated criminally for dangerous driving. we are told the investigation is going through hundreds of clips gathered from the scene, looking at cctv footage and also going through statements gathered from residents in ely, all around the time of this crash on 22nd may, when 16—year—old kyrees sullivan and 15—year—old harvey evans were seen riding that bike around the streets in the local neighbourhood before tragically crashing at the roadside. although the police had initially denied that there was a pursuit, that is the focus of this independent investigation and while no charges have been brought yet and that decision will need to be made, this is a clear and significant development within the case. we are told the families of the two boys have been told about it. now to the story that dominated in the early days of the week. thousands of passengers faced a nightmare bank holiday monday, with many left stuck abroad and in the uk. some people slept on airport floors or in makeshift beds, while many scrambled to rebook flights. passengers have reported being left out of pocket after arranging alternative transport and accommodation following the cancellation of more than 1,500 flights on monday. the delays and cancellations have continued despite the air traffic control issue being fixed. live now to malaga where we can speak to mike peters. thanks forjoining us. tell viewers what has happened to you. we were due to fly out _ what has happened to you. we were due to fly out from _ what has happened to you. we were due to fly out from spain _ what has happened to you. we were due to fly out from spain on - what has happened to you. we werej due to fly out from spain on monday and the airport was chaotic needless to say. which is understandable. nobody actually had any information or instruction as to what was going on in what was happening. the flight was delayed and delayed and delayed and then we were notified of it being cancelled. the response you then get is, go to the app and rebook and find yourself a hotel. and then we will reimburse you the costs, they say, but only when you have a new flight booked. in costs, they say, but only when you have a new flight booked.- have a new flight booked. in terms ofthe have a new flight booked. in terms of the costs. _ have a new flight booked. in terms of the costs, flights, _ of the costs, flights, accommodation, how much out—of—pocket are you? the accommodation, how much out-of-pocket are you? the problem is, there out-of-pocket are you? the problem is. there were _ out-of-pocket are you? the problem is, there were not _ out-of-pocket are you? the problem is, there were not any _ out-of-pocket are you? the problem is, there were not any other- is, there were not any other flights, so it is now friday,, thursday, we are still in spain and we have a fight which we booked with another carrier, due to go tomorrow, hopefully, that has cast £1000. we expect to get the money back, yes, but we are fortunate we have a credit card and we can pay on credit and hopefully get the money reclaimed. the issue is, things go wrong, it is understandable, and something fairly major went wrong, but it is the way people deal with it. and simply being told, given a helpline, where you would hang on for ten minutes and then get cut off, orjust go to the app and the earliest flight was about ten days later. �* ., ., ~' earliest flight was about ten days later. �* ., ., ~ ., ., earliest flight was about ten days later. �* ., ., , ., later. i'm looking at a statement from easyjet _ later. i'm looking at a statement from easyjet who _ later. i'm looking at a statement from easyjet who talk _ later. i'm looking at a statement from easyjet who talk about - later. i'm looking at a statement from easyjet who talk about the | from easyjet who talk about the difficulties that so many airlines had but they go on to talk about the advice they have given to customers and the alternative flights when they have been available but they make the point that the communications also inform customers how to claim expenses quickly for flights and accommodation, they said. they say they will reimburse people within a matter of days, does that reassure you? it people within a matter of days, does that reassure you?— that reassure you? it does, yes, but it is more the _ that reassure you? it does, yes, but it is more the issue _ that reassure you? it does, yes, but it is more the issue of _ that reassure you? it does, yes, but it is more the issue of i _ that reassure you? it does, yes, but it is more the issue of i have - it is more the issue of i have booked a three day holiday and i have been here a week. some people would say, lucky you, but i have got a job and so is my wife, so we are causing chaos at home. —— so has my wife. if we had not taken the initiative we would still be waiting for a fight and i think some people have not got a flight home until next week. some people have stayed an extra 7—10 days. that is a lot of money to pay out, and yes, you can reclaim it, but you have still got to fork it out in the first place. the main issue is why they do not lay on you flights. 1500 people stranded out here, so why do they not lay on you flights instead of telling people to book their own flights? —— lay on new flights. mike, hopefully it will improve in the coming days. thanks forjoining us. now it's time for a look at the weather with stav danaos. hello there. the weather is looking promising this weekend and indeed into much of next week. we've got high pressure building in to bring settled, sunny, drier and warmer weather for most of us. but back to the here and now, low pressure continues to bring a lot more cloud. outbreaks of rain for southern and western areas courtesy of these weather fronts. the heaviest of the rain will be through the channel, particularly later on this evening and overnight. so this is how it's looking for the rest of today. northern ireland, much of wales, central and southern england will see thicker cloud, outbreaks of rain, but large parts of scotland, northeast and east england will stay dry with some good sunny spells here. variable cloud. up to 21 degrees in the east with some sunshine. generally, the mid—teens further south and west where we have the rain. now, this evening and overnight could see an area of thundery rain move through the channel, certainly for the channel islands. scraping along the south coast. further north would be rather cloudy. outbreaks of light and patchy rain, quite a mild, muggy night to come in the south. a little bit fresher across scotland where we have clear skies. for friday, then, we have that weather front lying across southern scotland, northern ireland, northern england, to the north of it, sunnier with one or two showers and an improving picture for the rest of england and wales. we should see the sunshine emerging into the afternoon. some good sunny spells around and just one or two showers. the odd heavier one. and feeling warmer, 22 degrees across the southeast. as we head through the weekend, though, high pressure builds in. it will be largely dry and sunny for most of us. we lose that weather front as we move through friday night, saturday and sunday, high pressure with us. but these weather fronts will continue to flirt with the north west of the uk to bring stronger winds and outbreaks of rain, especially on sunday. saturday, we have some mist and fog to contend with, that should melt away. lots of sunshine, more cloud breeze across the northwest of scotland closer to those weather fronts. so we've got the high teens here, but it's warming up further south, up to 23 degrees or so across central and southern areas. sunday, similar story, early mist and fog clears, plenty of sunshine, but we will see outbreaks of rain, stronger winds for the highlands and islands. elsewhere, though, plenty of sunshine, top temperatures 2a or 25 degrees — it will be warming up. and then as we head into next week, high pressure continues to bring a lot of dry, and settled weather, particularly towards southern and western areas. but there will be increasing threats of showers or longer spells of rain as we move deeper into the week. live from london — this is bbc news. senior and junior doctors in england say they'll take joint strike action for the first time over pay. donald trump pleads not guilty to charges that he tried to overturn the result of the 2020 election in the state of georgia. more than 100 schools in england are told to close buildings made from a specific type of concrete over concerns they could collapse. 7a people, including 12 children, have been killed in a fire at a block of flats in johannesburg. hello, i'm matthew amroliwala, welcome to verified live — three hours of breaking stories, and checking out the truth behind them. we start with that breaking news — for the first time in the history of the national health service, both junior and senior doctors in england are planning to strike at the same time. the british medical association has announced a series of strike days in september and october. both junior doctors and consultants will be on strike on october 2nd, 3rd and ath, when there will be so—called "christmas day" cover. the union as called on the government again to make a "credible" offer on pay. let's talk to our health correspondent, dominic hughes.

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