The Prime Minister has warned that the budget this october will be painful, in his first major speech from no 10 since becoming Prime Minister. Speaking in the rose garden, he said his government had inherited a black hole in the public finances, of £22 billion. Those with the broadest shoulders should bear the heaviest burden, he cautioned, but he also said there would be big asks of everyone. The conservatives responded by saying the speech was an indication that labour had been planning tax rises all along. Vicki young has our top story. Blue skies and sunshine, but the Prime Minister didnt come here to paint a rosy picture. He has accused the conservatives of wrecking the economy, leaving him to put it right. There is a budget coming in october. And it is going to be painful. We have no other choice, given the situation that we are in. Those with the broadest shoulders should bear the heavier burden. I will have to turn to the country, and make big asks of you as well. Its already
from promoting projects which have already been completed. that s why we saw the cast of oppenheimner, including matt damon and emily blunt, walk out of the film s london premier last night when the strike was announced. avatar a film sequel is among the big productions that are expected to stop production while the strike s ongoing. it s also possible that hbo s house of the dragon tv series may be hit the studios say they have made meaningful offers but that s been rejected by the strikers. our correspondent sent us this report. actors from bit part players to hollywood s biggest starsjoined those who write their lines on the picket lines. the studios say actors have walked away from their historic offer on pay and a ground breaking proposal protecting them from the use of artificial intelligence. in that ground breaking proposal they propose background performers should be able to be scanned to pay for one day s pay and the company should own their image and likeness
here in the uk the veteran tv presenter phillip schofield will no longer present itv s this morning after agreeing to step down with immediate effect his last programme was on thursday. the presenter has worked on the show for more than 20 years. recent reports claimed relations between him and co host holly willoughby were strained. yesterday, his brother timothy schofield was sentenced to 12 years for sex offences against a child. today, philip schofield said the last few days had been very difficult and that itv felt the current situation couldn t continue. our media correspondent david sillito reports. welcome back, i am holding the fort. holly has had to leave early today, because she is meeting his majesty the king. because she is meeting his ma esty the kinu. , ., ., :: the king. philip schofield, for 20 ears the the king. philip schofield, for 20 years the host the king. philip schofield, for 20 years the host of the king. philip schofield, for 20 years th
another area of concern is the labour market, which while still strong is showing signs of cooling. so what will america s central bank do and say? the bbc s michelle fleury reports from westchester, new york. losing momentum after nine rate hikes in the past year. the federal reserve s efforts to cool the us economy are having an effect. this is a chain that you ll see on like roller shades and vertical blinds. something bill, who runs a family owned manufacturing business in westchester, new york, is seeing first hand. right now, we re expecting some softness in the marketplace for probably six months or so. we re seeing a lot of softness in the marketplace as far as demand the commitment in terms of like long term blanket orders with customers. we re not seeing that either right now. so we re having some challenges with that. american businesses are pulling back on spending and hiring. the housing market is slowing both areas sensitive to changes in interest rates. and mor
i don t even like football. but we re just here. it s brilliant. amazing, isn t it? yeah they ve done more thanjust for the club. they ve done it for the whole town. the town is buzzing. when you walk around, people are just happy. well, you can see what it means. you just see what it means. it s been some journey. in two years, reynolds and mcelhenney have turned a struggling non league team into a global tv phenomenon. and as the fans flock to the ground, another hollywood star, paul rudd, was spotted in the local pub. but would it be the blockbuster finale? they had to beat boreham wood. and of course there had to be a twist, as afterjust 43 seconds the visitors went ahead. but back wrexham came and how. after elliot lee s equaliser, paul mullin brilliantly gave them the lead to their owners relief before mullin sealed promotion in suitably fairytale fashion. mullin! and soon the final whistle sparked elation and emotion. 15 years after being relegated from the football