In cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a percentage point, bringing it down to between 4. 75 and 5 . A drop larger than many expected, with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed, Jerome Powell says the us economy is in good shape and they intend to keep it that way. Our North America Business correspondent Ritika Gupta has the details. The Federal Reserve has delivered a super sized Interest Rate cut aimed at bolstering the us Labour Market. The 0. 5 percentage cut, the first in over four years, brings its key Interest Rate, the federal funds rate, down to between 4. 75 and 5 . It comes amid Signs Inflation in america is continuing to fall, while the Job Market remains strong, even as unemployment h
In four years. The bbc has been told that Sir Keir Starmer s Chief Of Staff received a Pay Rise after the election which means she is now paid more than the Prime Minister. Sue gray asked for and was given a salary of £170,000 £3,000 more than the pm and more than any cabinet minister. 0ur political correspondent, henry zeffman, has more. I knew that there were tensions at the top of government and this Storys Existence in some way from Chris Mason and me attests to those, but my phone has practically blown up in the hours since we published this story yesterday, with people across Whitehall And Westminster who are furious at Sue Gray, keir starmer s Chief Of Staff. And let me explain why. It is not necessarily about her salary in absolute terms. There will be people out there who think that not only Sue Gray as prime Ministers Chief of staff, but the Prime Minister himself ought to be paid a lot more. Im sure they could earn lots more in the private sector or certainly in parts of t
Is perfomed by a team of vets in liverpool. And coming up on Bbc News, celtic get their Champions League Campaign off to a flying start with a Record Opening Win for brendan rodgers side. Good Afternoon And Welcome to the Bbc News at one. The bbc has today been contacted by more former harrods employees who say they were assaulted by Mohammed Al fayed when he owned the famous department store. It follows claims in a new Bbc Documentary by five women who say he raped them while they worked for him. The programme has uncovered evidence that, under mr Al Fayeds ownership, harrods not only failed to intervene but helped to cover up the allegations. Just to warn you, this report from Shaimaa Khalil contains descriptions of sexual violence. Yeah, i went back to harrods about a year ago. I knew if i could walk through and come out the other side, id be in a good place to be talking to you. Ijoined harrods because i wanted to be a buyer, and i ended up working for an absolute monster. When moh
The cost of Borrowing TodAy And follow the us CentrAl BAnk . Most economists think not ill explAin why. Its chAmpAgne, ChAmpions LeAgue FootbAll from celtic, As they score five goAls for their biggest win in the competition to stArt their cAmpAign. The mAnAger declAres it AbSolutely sensAtionAl. We Are live this morning At Knowsley SAfAri we Are live this morning At Knowsley SAfAri with we Are live this morning At Knowsley SAfAri with the world best exclusive. Meet sleeping AmArA. We Are going exclusive. Meet sleeping AmArA. We Are going to tell you About your teAm Are going to tell you About your teAm of Are going to tell you About your teAm of surgeons, he mAnAged to fix A broken teAm of surgeons, he mAnAged to fix A broken leg on this rhino. It mAy be on the grey side this morning for lots of you this morning thAt more sunshine to come. Will the fine September WeAther lAst . I will hAve the bAll becAuse here on its thursdAy, the 19th of september. The bbc hAs reveAled thAt the lAte
SImultaneously exploded across lebanon In what appeared to be a sophIstIcated remote attack. Hezbollah, whIch has Been desIgnated a TerrorIst OrganIsatIon by the uk, Israel and other western countrIes, has called It the bIggest securIty breach. At least nIne people dIed and nearly 3000 were Injured. Blasts were reported In supermarkets, homes and on the streets of the country, whIch shares borders wIth Israel and syrIa. Lebanons Health MInIstry says 200 people are In a crItIcal condItIon and that hospItals are beIng Inundated wIth the wounded. 0ur Correspondent Graham satchell reports. It was an audacIous, unprecedented attack. All across lebanon, thousands of pagers explodIng at the same tIme. Many were on the street. Some, lIke here, In peoples homes. Some In supermarkets. Emergency servIces struggled to cope wIth the scale of the attack. Thousands of hezbollah members sufferIng InjurIes In the same Instant. Israel hasnt commented, but few have any doubts about Its role. So how was I