cities and infrastructure. the supreme court considers whether the scottish government in holyrood can call an independence referendum without the agreement of westminster. and the prince and princess of wales at radio 1 s newsbeat recording a special episode on mental health. as we said at the start of this special newsbeat, this is all about having a meaningful conversation on mental health, but it shouldn t stop here. absolutely, because talking about mental health is so important. coming up on the bbc news channel, jofra archer is given an england central contract despite not playing international cricket for the last 18 months, so they re hoping the fast bowler will be back in the next year. good afternoon and welcome to the bbc news at one. the bank of england has made a fresh move to try to calm investors, saying it will buy more government bonds after warning of a material risk on the markets to financial stability. uk bonds are also known as gilts, and they allow t
an nhs health check at the age of 45 so they can discuss the menopause with their doctor. heartbreakfor the home nations as both scotland and wales fail to qualify for the women s world cup. a cold start the day in the southeast with patchy thrust, the rest of us do not have a skull to start as yesterday. with apache frost, the rest of us do not have as cold start as yesterday. it s wednesday 12th october. our main story. the value of the pound has fallen sharply after the bank of england confirmed it won t extend an emergency financial support package beyond this friday. the measures were launched nearly two weeks ago because of the turmoil prompted by the chancellor s mini budget. our economics editor, faisal islam reports. the problems in uk financial markets are not solved. the bank of england has repeatedly stepped in to help the pensions industry since chancellor kwasi kwarteng s controversial mini budget. but the message from governor andrew bailey to the bbc is tha
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Finding it hard to recruit staff, so hard in fact that they are having to turn away new business. so they are certainly not going their economy. so the labour market and the tightness of it and the difficulty of hiring people is a big problem for growth. the other one is that interest rates have been rising significantly, to the extent that the bank of england had to get involved again this morning to do an emergency bond buying programme to try and calm the markets down. at that mini budget, a lot of the financial markets said, we don t see how the numbers add up. if interest rates go up, that is bad for refinancing and new borrowers and it is bad for corporations, companies would like to borrow to invest to grow the economy. so on two fronts, you have impediments to growth, which puts the emphasis now on the chancellor to come up with some reforms which will mean reforming the supply of labour and reforming the supply of labour and reforming the supply of land to build on. a lot of p