news of another cyber this time affecting several large london hospitals, being described as a major cyber attack. services including the delivery of blood transfusions have been affected, according to memos are sent to nhs staff. we know that the king s couege staff. we know that the king s college hospital and guy s and saint thomases are amongst the hospital is experiencing problems, with some operations reported to have been cancelled or redirected. we will talk to one of a health correspondence about this shortly. more on that story, the breaking story coming up for you. let s continue with the general election campaign. the big news today is rishi sunak and sir keir starmer will go head to head in their first televised debate of the general election campaign tonight. the hour long programme on itv will be filmed in front of a live studio audience. it comes as the conservatives have promised to introduce a yearly cap on the number of migrant visas, while labour has accus
Is like an awkward date you wait for them to show up at the restaurant, after ten years you decide they are probably not coming. The obr has assumed at each of the last 16 fiscal events that productivity growth would return to its pre crisis trend of about 2 a year, but it has remained stubbornly flat. So today they revise down the outlook for productivity growth, business investment, and gdp growth across the forecast period. That line was more important than Everything Else in the speech combined. But a Second Striking feature of this budget concerns public spending and austerity. After the last six elections, weve had big tax rises to pay for extra public spending. Not this time. An historic shift. And yet, we still have spending cuts baked in to our plans, sizeable spending cuts. Heres the graph. Per capita spending on Government Services from 2015 to 2022. So is this really do able . Today the chancellor bunged some billions into the Public Sector to ease the pain in the next coup
Holywell in flintshire. We see why it hurts, and what traders can do about it. They all say that they are for the businesses and that and yet theyre not helping us at all. Theyre making it harder for us to get to them. Because if we run out of change or need to do a bank for cash and that, you cantjust nip to the bank any more. Youve got to physically go to a town somewhere else. Hello, happy new year. Hopefully. But who will it be a happy new year for . Thats where we start tonight as we take advantage of the fact that 2018 is still in its warm up phase to look at politics here, and how it might evolve. As always, the big battle is the one between the conservatives and labour and rarely has the choice between them been as stark. So how a minority conservative government gets on, and whether labour can threaten it is an obvious issue for the year ahead. But in some ways, a lot of the action in politics these days is within the two main parties. They both have huge great cracks down the
Rates potentially going up faster than expected makes profits harder to earn, and shares relatively less attractive. And the good news spin is that higher rates are the result of growth, so these are problems of success. Which is all reassuring. But theres a bigger way of looking at this that this is a turning point. We had a crash ten years ago; we still havent got back to normal and this kind of disruption isjust a starter as to what to expect as we do. The banking crisis of ten years ago has spread across the west and was like an economic heart attack, leaving banks slow to lend so companies couldnt get credit to pay for new investment and too many households were stranded with big debts and couldnt afford to spend. Across the west, grows inevitably slowed. For the time being at least, the nice decade is behind us. The credit cycle has turned. Central banks had to step up to stop the economy is falling down even further, printing money and slashing Interest Rates to nearly zero. In
With me are lucy fisher, defence editor of the times and Faiza Shaheen from the left think tank centre for labour and social studies. Come back to you both. Tomorrows front pages starting with. Welcome back to you both. On the front page of the telegraph, reports that face coverings will be made mandatory in english shops. The government has tonight confirmed an official announcement will take place tomorrow to confirm that the rule will be brought in from july 24th. face it, you have to put on a mask reads the front of the metro. Its reporting that shoppers who dont wear face coverings in stores in england, face fines of up to £100 if they refuse. The daily mail says police will be able to hand out on the spot fines, and that only Young Children or people with certain disabilities will be exempt from the new regulations. The i meanwhile, says the government has accepted that face coverings are necessary to reopen the economy. The guardian says experts are worried there could be up to