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at st james s park in newcastle. they became a symbol of a nation s grief and gratitude after the queen s death, and now hundreds of paddingtons left in london s parks will be donated to charity. good morning. early, blustery showers slowly easing on the far north of scotland. elsewhere, it s a quieter story. north of scotland. elsewhere, it s a quieterstory. more north of scotland. elsewhere, it s a quieter story. more sunshine coming through and lighter winds. i ll have all the details coming up shortly. it is sunday 16 october. our main story: the prime minister and chancellor will hold talks today our main story: the prime minister as the government tries to salvage its economic credibility following three weeks of market turmoil and policy u turns. the new chancellor, jeremy hunt, has said he wants growth underpinned by stability, but some conservative mps are privately discussing trying to eject liz truss from office. here is our political correspondent ben wright ....
and wished rishi sunak success. our country continues to battle through a storm. but i believe in britain. i believe in the british people. and i know that brighter days lie ahead. the cost of living crisis continues as many food prices soar some like pasta, tea and cooking oil up by 65% in a year. in our area, there is a lot of people that rely on pensions, rely on benefits, and if they are not supported, businesses won t continue to thrive because there will be nobody to use us. we will bring you more from throughout another momentous day in british politics as mr sunak sax tiago cabinet members he did not want those cabinet and appoints those in the place. already on the way out is business secretary and liz truss supporter jacob rees mogg. also on the way out, you work and pensions secretary, chloe smith. welcome to audiences around the world. rishi sunak has given a speech to the nation before making his way into number ten as prime minister for the first t ....
But businesses here have defended the prime minister. what she is doing is delivering a broader programme. she has reached the conclusion that doing all the tax cuts at the same time is too much for the markets to sustain in the short term, because there are so many global disruptions. we are seeing every other country with inflationary rises. but the prime minister s hopes of survival could hinge on what she and her chancellor decide over the next two weeks. if that package doesn t work and the markets are still reacting all over the place, then i think she is in considerable trouble. she has admitted mistakes, and if she admits those mistakes and puts them right then i think she could conceivably get beyond this. and many conservative mps are furious liz truss has led the government into this chaos and are talking privately about trying to turf the prime minister out a precarious place for liz truss to be as she heads into another difficult week. ....
They became a symbol of a nation s grief and gratitude after the queen s death, and now hundreds of paddingtons left at london landmarks will be donated to charity. good morning. early blustery showers slowly easing in the far north of scotland. elsewhere it s a quieter story more sunshine coming through, and lighter winds. i ll have all the details coming up shortly. it s sunday 16 october. our main story: the prime minister and chancellor will hold talks today as the government tries to salvage its economic credibility following three weeks of market turmoil and policy u turns. the new chancellor, jeremy hunt, has said he wants growth underpinned by stability, but some conservative mps are privately discussing trying to eject liz truss from office. here is our political correspondent ben wright. congratulations, mr chancellor. ....
Leaving those discussions. does the power lie with the prime minister or is it now with her chancellor. in fact, liz truss has a column in the sun on sunday where she said no matter how hard things get, my mission will remain the same. there was one report that another centrepiece of the mini budget will be ditched, the bringing forward of the cut in income tax to next year. that could now be delayed, treasury refusing to confirm or deny that as the case, but certainly it seemed all things are on the table. the prime minister may have bought herself a little bit of time by replacing kwasi kwarteng withjeremy hunt, but for many conservatives, they think she frankly is now beyond repair. they think she frankly is now beyond re air. ., ~ ,, we can get a view now from the leader of the liberal democrats. sir ed daveyjoins us from dorset. good morning to you. thank you very much for getting up early to talk to us this morning. what would you like to see happen? to see happen? well, first ....