both men said talks were productive and repeated their stance that a default is off the table. to avoid that, though, they ll have to work out an agreement within the next ten days. my college michelle fleury explains. even before president biden met with house speaker kevin mccarthy, negotiators were once again around the table, trying to strike a deal to avoid a default. now, sources say the white house is now offering to keep spending flat from this year to next, while republicans they say they want to increase defence spending while cutting everything else by up to 22%. treasury secretary janet yellen confirmed over the weekend that june 1st is the hard deadline, when the government can no longer pay its bills. and the deadline for a deal may actually be sooner in order for it to pass the house and senate in time. and there s another worry even if they do get a deal done in time, will rank and file members of both parties go for it? the impact of defaulting would
this section of this road, here, nearly. the people living on this side, they are blocked off, essentially. you can see there are cars here that have been smashed, the windows have been smashed in. they are stuck in the middle of the road. prince harry loses a legal challenge, in his attempt to be allowed to pay privately for police protection when he s in the uk. scientists warn of serious health risks after a bbc news investigation found vapes confiscated from school pupils contained high levels of lead and other metals. and the ban on ivory plans to extend the law to cover other threatened animals hunted for their tusks and teeth. and coming up on bbc news. 0llie robinson has given england a pre ashes boost after being declared fit to face ireland in a warm up next week, he had been struggling with an ankle problem. good afternoon and welcome to the bbc news at one. police divers are searching a reservoir in southern portugal this lunchtime as part of an investigation
to fall into recession this year and will maintain positive growth this year. news welcomed by the uk finance minister as a big upgrade in the uk outlook. but for many right now, it might not feel like things are looking up with double digit inflation pushing up the cost of living, and pushing living standards down. here s the chancellorjeremy hunt reacting to the news. today the imf s assessment shows we are on the right track. the report forecast growth of 0.4% in 2023 and 0.7 percentage point upgrade since the aprilforecast. 0.7 percentage point upgrade since the april forecast. that s even higher than the bank of england forecast published last week for 0.25% growth in 23. the imf says we have acted decisively to fight inflation which will substantially reduce to around 5% by the end of the year. in the imf say our approach to fiscal policy will help to significantly reduce the deficit over the forecast by 3% of gdp between 20 to 23 and 2728. so together these forecasts