the battle of the blockbusters will be decided later at the biggest night in the entertainment calendar. will barbie or oppenheimer win big at the oscars? as we heard earlier the budget the government unveiled on wednesday has left the shadow chancellor with a major headache. jeremy hunt cut national insurance by 2 pence for the second time in six months, as well as stealing two of labour's fund—raising policies. the party had planned to use these to fund breakfast clubs in schools and reduce nhs waiting lists, if it wins the next election.earlier, the shadow chancellor, rachel reeves spoke to the bbc�*s laura kuennsberg about how they plan to raise money now, starting with establishing a taskforce to help create a national wealth fund. the national wealth fund is a key component of the growth plan and the idea is to leveraging the private sector investment alongside a government endowment to invest in some of thejobs government endowment to invest in some of the jobs and industries of the future from carbon and storage to green hydrogen and steel, floating offshore wind and so much more. areas where we can be a world leader and bring good jobs paying a decent wage to britain, bring energy bills down and also boost the economic security by boosting our domestic energy security. i am really pleased that what businesses can see as labour have a serious plan, we are determined to get in that private sector investment and they want to work with me and the labour party on how we can get that “p labour party on how we can get that up and running if we are fortunate enough to win the next election. you said it is about _ enough to win the next election. you said it is about getting green energy and jobs, some viewers might think that is what you are trying to do either drewjury densely promised to spend 28 billion on it.— to spend 28 billion on it. interest rates were _ to spend 28 billion on it. interest rates were 0.196 _ to spend 28 billion on it. interest rates were 0.1% when _ to spend 28 billion on it. interest rates were 0.196 when i - to spend 28 billion on it. interest rates were 0.196 when i first - rates were 0.1% when i first announced the plan, we had not had the liz truss mini budget and i had to be honest that the damage the conservatives have done to the economy will affect what an incoming labour government can do. i have been working with businesses to look at how we can leverage private sector investment to do the things we want to do and need to do to get our economy growing because unless we can grow our economy and boost productivity and investment we have not really got a chance to turn around the living standards shower was talking about and i am determined to be the chance of that left living standards most investing in public surfaces. you left living standards most investing in public surfaces.— left living standards most investing in public surfaces. you said you had to be honest _ in public surfaces. you said you had to be honest and _ in public surfaces. you said you had to be honest and that _ in public surfaces. you said you had to be honest and that is _ in public surfaces. you said you had to be honest and that is what - to be honest and that is what viewers want, i am sure he will please the tories took your plan to close loopholes for non—dumpling but that decision byjeremy hunt leaves you to billion pounds short to pay for breakfast clubs and in the nhs, when will it come from. it is for breakfast clubs and in the nhs, when will it come from.— when will it come from. it is at a leisurely 18 _ when will it come from. it is at a leisurely 18 that _ when will it come from. it is at a leisurely 18 that and _ when will it come from. it is at a leisurely 18 that and the - when will it come from. it is at a | leisurely 18 that and the chance's final budget, 15 since the came to office it is taking them this long to abolish a gaping loophole in the tax system. to abolish a gaping loophole in the tax system-— to abolish a gaping loophole in the tax system. when will you get that money from? _ tax system. when will you get that money from? i _ tax system. when will you get that money from? i am _ tax system. when will you get that money from? i am going _ tax system. when will you get that money from? i am going through l tax system. when will you get that i money from? i am going through the government — money from? i am going through the government documents _ money from? i am going through the government documents to _ money from? i am going through the government documents to identify i money from? i am going through the | government documents to identify the funding stream to honour those commitments and the actual reduce hospital waiting lists by 2 million a year, 700,000 identical appointments as well as the free breakfast clubs. we will do that in an orderly way. keir breakfast clubs. we will do that in an orderly way-— an orderly way. keir starmer says have the election _ an orderly way. keir starmer says have the election in _ an orderly way. keir starmer says have the election in may, - an orderly way. keir starmer says have the election in may, bring i an orderly way. keir starmer says have the election in may, bring it| have the election in may, bring it on copies says labour is ready. this plant was well trailed, you are not ready. i plant was well trailed, you are not read . ~ , ., , ., ready. i think your viewers would want to know _ ready. i think your viewers would want to know i _ ready. i think your viewers would want to know i was _ ready. i think your viewers would want to know i was doing - ready. i think your viewers would want to know i was doing the - ready. i think your viewers would l want to know i was doing the work properly, notjust plucking numbers out of the air but that i was methodically going through all the government documents to identify the funding streams so all the sums add up funding streams so all the sums add up and if that is one thing you and your viewers know about me it is that everything in our manifesto will be fully costed and funded including this pledge and i will do the work properly as always to make sure the sums add up. itruieiiii the work properly as always to make sure the sums add up.— sure the sums add up. well you acce -t sure the sums add up. well you accept another _ sure the sums add up. well you accept another of _ sure the sums add up. well you accept another of jeremy - sure the sums add up. well you i accept another of jeremy hunt's accept another of jeremy hunt's measures accept another ofjeremy hunt's measures to cut capital gains tax on second home sales. the government said they will do that to encourage people to sell to provide more homes, would you reverse that? if you look at how the fit for budget responsibility have costed that they say it brings in revenue and i will not undo a measure that would end up costing taxpayers. goad not undo a measure that would end up costing taxoayers-_ costing taxpayers. good to have that on the record- _ costing taxpayers. good to have that on the record. coming _ costing taxpayers. good to have that on the record. coming to _ costing taxpayers. good to have that on the record. coming to capital- on the record. coming to capital gains, angela rayner has faced questions of whether she should have paid capital gains when she sold her home, the chancellor made a joke about it and the budget. she said she did nothing wrong but have you talk to her about it. she she did nothing wrong but have you talk to her about it.— talk to her about it. she has a friend and _ talk to her about it. she has a friend and a _ talk to her about it. she has a friend and a colleague - talk to her about it. she has a friend and a colleague and - talk to her about it. she has a| friend and a colleague and has talk to her about it. she has a - friend and a colleague and has made her representations on this and that is good enough for me and people are ready to move on from that. it is a bit rich forjeremy hunt who owns multiple properties but she rents to make a jibe at angela to put a council house and later sold it. it is very different. a neighbour has told the times that she is not being straight about that, have you asked about it. i straight about that, have you asked about it. . , about it. i have seen the representations - about it. i have seen the representations and - about it. i have seen the | representations and have about it. i have seen the - representations and have absolute faith in angela, she has been clear she has taken advice and explained the situation that is good for me. her big plan is to really extend workers' rights, essentially give more or less the same rights to everybody with a freelance or working part—time. can you guarantee the full package will be in the labour manifesto. yes, we have committed to an extension of workers' rights, including banning zero—hours contracts, getting rid of fire—and—rehire, and having a real minimum wage. obviously, the low pay commission will set that. but this is a big extension of the rights of working people because if an economy is not working for working people, it's not working at all. and at the moment, too many people are stuck in insecure, precarious work. we went into the pandemic with 11 million people having less than £100 of savings, it reflects notjust low—paid but terribly insecure work for too many people and we want to change that but we will work with businesses to make sure the plans work for them as well including probation periods in employment contracts. we want to make changes but all our plans aren't pro—business and pro—worker because they are the two sides of the same coin. also speaking on this morning's programme was the health secretary victoria atkins. she responded to rishi sunak saying nhs waiting times were not good enough.. set this target because we get it. i use the nhs and proudly have done since the age of three when i was diagnosed with type one diabetes. i absolutely understand why people are so worried about this. we have set it as a clear priority for the whole of government, but particularly obviously for my department. and although over the last three months we have seen waiting lists come down of course we want to do much more. interestingly, we know that for the longest waits they are concentrated in just 15 trusts. and so as well as tackling the problem nationally, we have made concerted efforts to try to support those 15 trusts, to get those longest waiting patients looked at, looked after, so that we can reduce the lists in that way as well. you agree with the prime minister that you have failed? yeah. and we well, we also acknowledge that as well as putting extra funding into dealing with the electives, we have a recovery plan that, as i say, we are making progress on. we have also got to acknowledge the impact that strikes have had 1.4 million appointments cancelled in the last year. and so but against that background, nonetheless, the nhs has managed to reduce waiting lists over the last three months, from fairly appalling, fairly appalling levels. and our viewers tell us that all the time. very much so. and i acknowledge that, which is why it is a priority. but one of the things that's curious about what's happened is, according to official statistics, the health service is still less productive than it was before the pandemic. now, in normal terms, that means essentially it's doing less and getting more money. what's gone wrong? not only are we investing record amounts, we have more doctors, more nurses, more midwives working in the nhs and we're getting less exactly right. which is why this wednesday the chancellor announced not just tax cuts for 29 million workers. he didn'tjust announce changes to the high income child benefit charge that will help nearly half a million families. he also announced a £3.11 billion productivity plan for the nhs because the nhs is one of our it's our largest spending department in that regard. it's a critical and incredibly important public service. and we know that whilst a strong economy helps pay for the nhs equally, a strong and productive nhs helps a growing economy. and so i'm really excited about these very ambitious plans to notjust gear up basic technology across our hospital trusts to make sure that doctors and nurses are able to work with the best technology day to day. voters in portugal are electing a new parliament today. sunday's snap election was called after the socialist prime minister, antonio costa, resigned over a corruption investigation involving some of his staff. voting is now underway, with the governing socialists and opposition centre—right democratic alliance looking to claim a majority. a close result could give the far—right chega party powerful sway — though the democratic alliance leader has ruled out forming a coalition with it. socialist party is defending its record in eight years in power and although the economy lasted expanded more than most in europe there are a lot of problems, a big squeeze on public spending and the government is trying to reduce public debt and that has led to cuts and the health service and education and a wave of strikes which are not over yet so i guess that backdrop the centre—right democratic alliance have been leading in the polls and there is theissue leading in the polls and there is the issue the prime minister resigning because of an ongoing investigation into irregularity and government contracts although he is not a suspect himself, he has bowed out and that has given ammunition to the far—right party which looks set to double or possibly triple its vote of 7% last time and claiming it as the champion of fighting against government corruption. tell us more about this party, what does it stand for because it could end up being the kingmaker. that is what it wants to do and really that is a former city councilman of the opposition party but he left in 2019 and founded the chega party and was immediately elected to parliament, his tally met up to 12 last time round that could double and he wants to play a chemical role, however the centre—right democratic alliance says it will not play ball, it's neither has said no is no, it will not align itself with him so the outcome is very uncertain given that neither of the two main particle forces look set to get a majority and for now the democratic alliance says it will not lie with chega. in terms of turnout, a people fired up about this election? i terms of turnout, a people fired up about this election?— about this election? i don't thing it has been _ about this election? i don't thing it has been particularly _ it has been particularly scintillating election, the truth as the two main party leaders are both leading their parties into a general election for the first time and neither of them is a fantastic performer, in fact mr costa when he stepped into the campaign it was notable how much she energised it and the same thing has happened on the other side with previous prime ministers and presidents, the only prime minister from the party could cut a majority in parliament coming into the fray so not a particularly exciting campaign and with the great uncertainty and rise of chega which has caused most portuguese not vote for, a lot of not very confident about the future. now, this week, germany faced uncomfortable questions after a security lapse allowed a top—secret military discussion to be intercepted — then made public by russian state media. officers from the german air force were heard talking about weapons aid to ukraine. the conversation also included sensitive details about uk military activities. our analysis editor ros atkins explains. the uk's foreign secretary and germany's foreign minister met in berlin on thursday. at the press conference, one subject was certain to come up. i don't want to play into the hands of some russian narrative about divisions between allies. we will not allow anyone to drive a wedge between us. we are talking a hybrid war here. journalists were asking about recording of a conversation between german military officials that russian sources had leaked days before. in the leak, we hear a discussion of the war in ukraine, in particular about the implications if germany were to send its long—range taurus missiles to ukraine, something chancellor olaf scholz has ruled out. and one word has been used a lot to describe the leak. well, i think it is absolutely embarrassing that military top officials would not follow the procedures in order to conduct such calls. and it's notjust embarrassing. it raises questions about the west's strategy in ukraine and about the reach of russian intelligence. this leaked conversation involved four senior figures in germany's airforce, one of them was attending singapore's airshow, he dialled into the meeting from a hotel there. this proved to be a miscalculation. germany's defence minister has highlighted how eavesdropping of hotels is widespread, and germany's ambassador to the uk has offered this advice. i think that's a good lesson for everybody, never use hotel internet if you want to do a secure call. germany's air force may be learning that lesson the hard way. the reason they were discussing these taurus missiles is that while germany has declined to send them, ukraine has repeatedly made the request. translation: we need long-range weapons because russia stands - at a distance that allows them to strike our people, while we cannot reply appropriately. it is true that russia's missiles can go further. at the moment ukraine has british and french, both with a range of around 150 miles. germany's taurus missile has a range of around 300 miles. it would give ukraine and many more options. but olaf scholz fears this will escalate the war and that ukraine will need german personal to help operate the missiles. the leaked conversation discusses all of this, and makes reference to the uk already having forces in ukraine. this we already knew, because in february downing street confirmed a small number of personnel are in ukraine, though it did not say what they are doing. while reaction to the leak has continued, the kremlin has shared its thoughts on it. this suggestst that within germany's armed forces plans for striking the territory of the russian federation are being discussed substantively and specifically. there is nothing in the leak that suggests this. germany has called russia's claim absurd and offered this assessment. this is a russian hybrid attack again, it is clearly the intention to destabilise the west. it was not a coincidence that this recording was published the day of navalny's funeral. if that is the intention, none of germany's allies have been critical, not in public at least. but the former uk defence secretary, ben wallace, has concerns. he was in government during the majority of the war, and he has told the times, "we know germany is pretty penetrated by russian intelligence, so itjust demonstrates they are neither secure nor reliable. the german ambassador to the uk called those comments unhelpful. and while ukraine's allies seek to offer a united front, they know decisions about how to support ukraine are crucial, not least because right now for ukraine at best, the war is stuck. at worst, russia is getting the upper hand. last month, ukraine withdrew from the key town of avdiivka. it says it needs weapons and ammunitions. since the war began, germany has provided more military aid than any other country, bar the us. throughout the conflict, like ukraine's other allies, germany has had to decide what kind of military hardware it will provide. russia will want to influence these kind of decisions. the leaked german conversation may be part of an effort to do that. the manner in which it has been exploited by the russians is an indication of russia's attempt to divide western support for ukraine and to intimidate the west, to play on the west's fears of escalation. this leak is another example of that practice. what the leak certainly confirms is that the west continues to grapple with the best route forward in this war. more now on the run up to today's oscars. final preparations are taking place ahead of the stars hitting the red carpet. christopher nolan's oppenheimer, which has 13 nominations, is expected to pick up many of the top awards. then there's barbie, last year's biggest box office hit, which has eight nods. but those are just two of hundreds of films in the running for the more than 20 categories voted on by the academy of motion picture arts and sciences. earlier i spoke to larushka ivan—zadeh — chief film critic for metro. we are having issues with videos today relating to the oscars. there will be full coverage waiter and there's already a great article on there's already a great article on the bbc website you can take a look at. i think we do have this video. we have got beyond the point of what will win, it isjust a question of how many open higher up well when, to when best picture and best director, best actor perhaps that might be less certain, cillian murphy against paul giamatti. christopher nolan perhaps the only week stop the red spot is writing for moment so it leaves the way fifa best actress and best supporting actress to be won by another film supporting actress to be won by anotherfilm but supporting actress to be won by another film but it is a technically masterful film so it is bound to sweep out of if you every second it is going for an oscar, the entire motivation. but is going for an oscar, the entire motivation-— is going for an oscar, the entire motivation. but it has got people back in cinema _ motivation. but it has got people back in cinema is, _ motivation. but it has got people back in cinema is, last _ motivation. but it has got people back in cinema is, last year- motivation. but it has got people back in cinema is, last year we i motivation. but it has got people i back in cinema is, last year we had the effect of bad me and oppenheimer. —— barbie and oppenheimer. —— barbie and oppenheimer. i loved barbie and upset about category a girl bigger being snubbed but barbara stopped for best picture and she is the only director to have all three films she has directed nominated for best picture and barbie was the biggest film of the whole planet last year, it closed well over $1 billion. i do not think they will feel to snubbed. it is key that films that people go to see get recognised because there is a danger of these are ceremonies becoming too predictable. definitely and --eole becoming too predictable. definitely and people turning _ becoming too predictable. definitely and people turning off— becoming too predictable. definitely and people turning off because - becoming too predictable. definitely and people turning off because the i and people turning off because the do not know any of the films. the hostjimmy kimmel has said one of the reasons he took the gig this year is because of barbie because he is able to make jokes about something everybody recognises rather than an obscure film people do not. the viewing figures are low, 18 million last year but at its peak it was nearer 60 so having a film people respond to and love is great and i cannot wait to see ryan gosling singing.— and i cannot wait to see ryan gosling singing. that will be the hi . hli . ht gosling singing. that will be the highlight of— gosling singing. that will be the highlight of the _ gosling singing. that will be the highlight of the night. _ gosling singing. that will be the highlight of the night. i - gosling singing. that will be the highlight of the night. i do - gosling singing. that will be the highlight of the night. i do not l highlight of the night. i do not want to get carried away but that is what everybody is looking forward to. talk us through something else we should look out for. the to. talk us through something else we should look out for.— we should look out for. the only otential we should look out for. the only potential surprise _ we should look out for. the only potential surprise is _ we should look out for. the only potential surprise is and - we should look out for. the only potential surprise is and best. potential surprise is and best actress, emma stone puts an annexe robbery performance and poor things up robbery performance and poor things up against lilly gladstone has made history as the first indigenous american nominee and could make history as the first one. representation is so important at the oscars because it is seen as the big one going down in history so having these firsts is really important about people being seen so thatis important about people being seen so that is the only one i could not quite predict otherwise looking pretty certain. iii quite predict otherwise looking pretty certain-— quite predict otherwise looking re certain. , ., pretty certain. in terms of the new diversity rules _ pretty certain. in terms of the new diversity rules what _ pretty certain. in terms of the new diversity rules what impact - pretty certain. in terms of the new diversity rules what impact do - pretty certain. in terms of the new diversity rules what impact do you | diversity rules what impact do you think they will have going forward onto the film industry. it is interesting, _ onto the film industry. it is interesting, you _ onto the film industry. it is interesting, you have - onto the film industry. it 3 interesting, you have diversity in front of and behind the camera, zone of interest does not have much diversity in front of the camera, what can you do with a white german family but it is important to have equal opportunities notjust in equal opportunities not just in front equal opportunities notjust in front but the crew feeling seen and they are actually going to be rewarded and given the opportunities they might not have any past. it is only a good thing and so far the studies we have seen are really becoming more and more interesting now diversity is foregrounded, something that is really important. after years of negotiations, the world—famous speedboat bluebird — which broke seven world water speed records has returned to its spiritual home in england's lake district. a team of enthusiasts has spent 17 years painstakingly restoring the craft, which crashed on coniston water in 1967. our reporter adam powell has the story. a fond farewell from the team that painstakingly rebuilt bluebird. north shields was where the wreckage of donald campbell's famous speedboat was brought after it was recovered from the depths of coniston water. but after a legal battle, k7 was handed over to coniston's ruskin museum and its journey to its forever home began. the bluebird wing of the ruskin museum has been open since 2010 and it's been a bit like a ring without a diamond. north east engineer bill smith found, then recovered bluebird in 2001. he and his loyal band of volunteers have spent a big chunk of their lives rebuilding the jet—powered speedboat. i've always described this as a diving job that got out of hand. that's my short version! so, yeah, i did geta bit involved in the end, yeah. everyone's very proud of their work and everyone wants to clap their work off the premises and be very positive because this space you're standing in now, which is empty, will be full next week with something else. this is the end of an era and the start of a new one. for the last 20 years, bluebird has been rebuilt here in north shields. now, it's been transported over cumbria to the lake district and coniston. donald campbell died injanuary 1967 attempting to break his own water speed record, pushing the boat beyond 300 mph. at a more sedate pace, it was a journey of around 120 miles on the back of a flatbed truck. in 2018, the rebuilt bluebird ran again on loch fad on the isle of bute. bluebird'sjet engine has been removed, yet the ruskin museum say they hope to one day run bluebird again on coniston. i said to brian, my partner, "i will never live long enough to see this day" and if it hadn't been for the museum and their tenacity and doggedness to see this through, i don't think i would've lived long enough to see this day. bagpipes skirl. cheering and applause. they came out in force to celebrate bluebird's return to coniston. the expectation about what happens next to this iconic speedboat is building. adam powell, bbc news. now it's time for a look at the weather with not particularly springlike for many areas so far, through the week and will perhaps start to feel more like spring. will perhaps start to feel more like surin _ , ., , will perhaps start to feel more like s-urin. , ., , . , will perhaps start to feel more like s-urin. , ., ,. , , spring. temperatures climbing but still some rain _ spring. temperatures climbing but still some rain at _ spring. temperatures climbing but still some rain at times. _ spring. temperatures climbing but still some rain at times. rain - spring. temperatures climbing but still some rain at times. rain for l still some rain at times. rain for the rest of the day, whether moving slowly north and west across england and north wales, some rain into southern scotland and northern ireland, patchy rain in the north of scotland. eastern scotland quite chilly, 5—6, sunshine from the south, wheels up to 12. this evening anthony we keep extensive cloud covered but rain easing, some drizzle, more widespread rain for a time in northern ireland, clear spells could fill in with areas of mist and fog, heading into tomorrow many of us find ourselves between different weather systems but this one hero bring more cloud and some rain towards parts of northern ireland, grazing the west of scotland and the area of low pressure to the south—east may bring some rain to east anglia and south—eastern con. in between large amounts of cloud, some bright sunny spells, the best of those from wales and the south—west, six or seven in the north—east of scotland. and two tuesday the weather system could bring rain across the southern half of the uk and then receive the next system from the west feeding rain across northern ireland and western parts of wales and into scotland lit up. limited sunny spells but temperatures will start to climb and thatis temperatures will start to climb and that is a sign of things to come. moving through the middle of the week various weather systems wriggling around and eventually as they shift north they will introduce warmer air which reachesjust they shift north they will introduce warmer air which reaches just about all the country by the end of the big, something cold a trying to cling on in the far north but for most of us into the weekend will bring higher temperatures but that doesn't mean blue skies and sunshine all the time, still rain. live from jerusalem, bbc news. a us army logistics ship carrying equipment to build a temporary floating port is heading to gaza, as part of plans to deliver humanitarian aid by sea. separately, a spanish charity says a ship carrying 200 tonnes of food for gaza is ready to set sail from cyprus. we'll be live with the latest from larnaca. and these pictures have come in the last hour of an airdrop of aid over gaza — amid warnings of looming famine. live from london, i am lucy grey. the princess of wales thanks the public for their support as kensington palace posts the first official image of her since she underwent abdominal surgery. the battle of the blockbusters will be decided later at the biggest night in the entertainment calendar. will barbie or oppenheimer win big at the oscars?

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