The trade implications. Scotlands only Oil Refinery is to close with a cost of 400 jobs the Unite Union calls it an act of industrial vandalism. And Credit Crunch why are so many Women Led bUsinesses cancelling Expansion Plans because they are unable to access finance . Well speak to one big bank trying to address that. Live from london, this is bUsiness today. Im mark lobel. The Aircraft Maker Boeing is awaiting news from its workforce on whether its accepted a four Year Pay Deal which could lead to a walkout of up to 33,000 workers. The deal 25 over four years has been backed by the workers iam union, but many employees are not happy with the terms. A result s expected very shortly and could lead to Strike Action in the coming hours. That would affect production of the companys 737 and 737 max aircraft. Heres our North America BUsiness correspondent ritika gupta. Breaking news on the subject. Boeing workers have voted to strike after rejecting a Pay Offer backed by their own union. T
the israeli chief of staff ordered the mobilization of a number of reserve soldiers in air defence units, fighterjet pilots and drone operators amid heightened tensions in the region. in the latest escalation of tensions between israel and the palestinians two israeli women have been killed in an attack in the occupied west bank. the authorities say a third person was also seriously wounded in the incident, near the settlement of hamra. the israeli military says troops are searching for suspects who opened fire at a car, causing it to crash. this latest development comes after the israeli military hit targets belonging to the palestinian militant group hamas. the air strikes hit areas of the gaza strip and lebanon israel says they re in retaliation for a major rocket attack on israel launched from southern lebanon which the israelis blamed on hamas. these images from gaza show the aftermath. they re the heaviest air strikes that israel has carried out on gaza since last
he s the education secretary, kit malthouse. four years before then he did more junior roles, having been deputy to borisjohnson, not as prime minister, but when he was mayor of london. kit malthouse is seen as a fixer. he becomes the fifth education secretary in a little over a year, a sign ofjust how unstable politics has been. kit malthouse, welcome to political thinking. thank you. i m flattered to be here. well, it s been a roller coaster ride this week, hasn t it? it has been a challenging week, as they say. i think that s the euphemism that politicians use. but hopefully things will settle, although i have to say it comes. i mean, i got elected in 2015 and it s been a pretty much a roller coaster ride since 2016. so leadership elections, general elections, referendums, pandemics, wars, it s been a, you know, a bit of a roller coaster. so i sort of feel a bit seasoned towards it. and to be honest with you, nick, ifind myself a bit surprised that people are surprised be
hello, welcome. we start in the uk. the chair of the conservative party, nadim zahawi, has confirmed that he made a payment to the tax office to settle a disagreement about his tax affairs. mr zahawi said hmrc accepted that an error concerning shares he gave to his father for help in setting up the polling company yougov in 2000 had been careless and not deliberate. it comes after newspaper reports that he d paid a seven figure sum and been subject to a penalty. it s understood the dispute over mr zahawi s taxes was resolved while he was serving as chancellor of the exchequer. earlier, labour had called on nadhim zahawi to resign. here s our political correspondent helen catt. nadhim zahawi is a seniorfigure in the government, the chairman of the conservative party, who sits in the cabinet. last year, he was for a few months borisjohnson s chancellor, in charge of the country s finances. is the hmrc still after you, sir? but since then, he s faced questions about his
memorials have been held across indonesia for the deceased. the british prime minister has admitted her government s mini budget that sparked turmoil on the financial markets could have been handled better. liz truss has remained defiant as senior conservatives criticised the fiscal event. now on bbc news, political thinking with nick robinson. welcome to political thinking, a conversation with rather than an interrogation of someone who shapes our thinking about what has shaped theirs. well, you know what they say about a week in politics. what a long time this week has felt since that budget that was officially not a budget. we ve seen the pound go down. interest rates go up, mortgages being cancelled, and billions and billions and billions of pounds being spent by the bank of england in order to try and defend the pension system. my guest on political thinking this week is a new member of liz truss s new cabinet. he s the education secretary, kit malthouse. four years befo