Joining me now isjoshua mahony, chief Market Analyst at Scope Market. Asian markets have suffered their worst day in many years this week, spurred by a sharp sell off in semiconductor shares and global Market Contagion. Whats happened so suddenly . Well, we are coming to the end of a back of week that has been massive for markets. Sadly we solved the bank of japan for markets. Sadly we solved the Bank Ofjapan interest for markets. Sadly we solved the bank of japan interest Rates Decision Catch people off guard, raising interest rates. That is the same time that we saw the federal Reserve Planning to cut interest rates in september. The markets are fearful after the back of a Manufacturing Survey Yesterday that we saw the collapse, that points towards a rough session coming around the corner, at the same time we see inflation pressures building within the Manufacturing Sector. The stories around the japanese market at the moment firmly planted in the reversal we are seeing in terms of t
After cracks were found in some of the high speed trains. It s thought 180 trains made by hitachi had to be taken out of service. Great western railway and london north eastern railway have advised passengers not to travel on sunday, and they ve warned that disruption could continue through the week. Katy austin s report contains flashing images. These high speed hitachi 800 series trains weren t running this morning. They needed to be kept back for inspections after thin cracks were found in some, as the boss of hitachi rail told me. It s actually on the metal against the body where the passengers sit, with the underside of the train, which is what it actually runs on. And so, that area s critical for the operation of the train. And so, just to make sure that we are very safe, we took that decision to withdraw the trains while we just made sure that we fully understood the situation and that it is actually safe for the trains to operate with passengers riding on them. That led to majo
I cringed here. It s enough to scare the pants off anyone, this. Now it s time for a look at the weather with ben rich. Good afternoon. A burst of spring warmth for many today. Temperatures across eastern england already up to 21 degrees. Not as warm further west but still warmer than it has been. Certainly not sunny everywhere, we have areas of cloud around, showers for northern ireland especially and tonight we will see heavy downpours and thunderstorms drifting across the south east, east anglia and perhaps north england by the end of the night. It will be frost free for just about all of us, 12 degrees, the overnight low in norwich. Tomorrow, it is sunshine and showers with persistent rain in north east scotland but elsewhere showers get going through the day, some will be heavy and thundery but there will be dry and sunny interludes in between. Not as warm as today but warmer than it has been, 14 to 70 degrees. Through the week ahead we will see heavy downpours, dry interludes but
Angela rayner, as campaigns chief. That s what you do in leadership can you take responsibility. You don t scapegoat goat and blame others, you take it on the chin. They are hard calls, but it is for him to choose the team he wants and get people in the positions he wants us in. Some good news for labour though, as tracy brabin is elected as the first mayor of west yorkshire. But she ll have to resign her westminster seat, triggering a by election in batley and spen. Scotland s first minister, nicola sturgeon, warns it would be completely outrageous for the westminster government to block a second independence referendum. The government is expected to end the advice against hugging each other, as part of the relaxation of lockdown rules in england. The government is calling on the rail industry to fix disruption on some of britain s busiest rail lines, after small cracks were found in some high speed trains. Now on bbc news, the travel show. Ade adepitan takes a look into the future an
talking of which, that travel list. Don t go to istanbul, fans of chelsea and manchester city are told, and they re now calling on uefa to move the champions league final to wembley after the uk government added turkey to its travel red list. Weatherwise, in the company of low pressure introducing a settled story unsettled story but those temperatures are rising. I will return with all of the details. It s saturday the eighth of may. Our top story: the snp s hopes of an outright majority in the scottish parliament still lie in the balance today. With votes still being counted, the party needs another 26 seats to win total control, but two key targets of dumbarton and eastwood have been missed. With all the details, here s our scotland editor sarah smith. Angus robertson, scottish national party, 16,276. Angus robertson, scottish national party. 16. 276. party, 16,276. Every seat that has chanced party, 16,276. Every seat that has changed hands party, 16,276. Every seat that h