Im lukwesa burak. We start here in the uk because the uks national debt is on course to triple over the next half a century. Thats the warning from the governments official forecaster, the office for budget responsibility. An ageing population, climate change, and rising geopolitical tensions will all put increasing pressure on the Public Finances according to the 0brs report. And it says without extra Tax Revenues or a return to post War Productivity levels, the Public Finances are not sustainable over the long term, and something has got to give. Uk national debt is currently at almost 100 of the size of its annual Economy Output or gdp. The 0br says its Base Scenario is a national debt of 274 of gdp in 2071. Risks from war, disease, cyber Conflict And Trade tensions could push that even higher. By 2071, the 0br expects the uk to be spending more than £200 Billion extra per year on things like health, Social Care and pensions. The chair of the 0br Richard Hughes spoke to the bbc ear
We start with an Epic Battle Raging On Wall Street that has seen small time Amateur Investors take on the titans of the hedge fund industry. Its all centred around this company the struggling us computer Game Retailer gamestop. It shares have soared at much as 1700 after a group of private investors used online forums to drive up their price. And that has raised serious questions about how Financial Markets operate in the era of social media, as paul hawkins reports. This is a story of david versus goliath, of the amateur online investor beating the Big Traditional Wall Street traders. At the centre of it, gamestop, a struggling American Retailer Selling dvds and video games. A number of the Wall Street Traders picked up on its problems and bet money that its share price would fall, known in the business as shorting a stock. Only for this particular stock, Amateur Investors swapping tips on the social media site reddit saw it as an opportunity. They bought shares, which actually drove
Or not, banking leaders have said that the term should not be used because it is well, racist. Are they right or is this just the woke mob throwing its toys out of the pram . Once again . Do out of the pram . Once again . Do get in touch. Send us your thoughts on gbviews gbnews. Com or at gb news. But or tweet me at gb news. But first, lets get the news headunes first, lets get the News Headlines rory. Headlines with rory. Thank you very much, emily. Those who have been wrongfully convicted of crimes will no longer have the living costs docked from their compensation payments. This new guidance payments. This new guidance issued by justice secretary alex chalk comes into immediate effect today say it follows the controversy sparked by the jailing of Andrew Malkinson , who jailing of Andrew Malkinson, who spent 17 years behind bars for a crime he did not commit. He voiced his concerns that expenses may be deducted from his compensation , prompting his compensation, prompting downing str
Certainly have. Know when people know and i know when people know that know what that were married, i know what they i know what youll that were married, i know what the be i know what youll that were married, i know what the be sayingi know what youll that were married, i know what the be saying at now what youll that were married, i know what the be saying at home. Iat youll that were married, i know what the be saying at home. Shesrll all be saying at home. Shes a very lucky lady. I know. Thats what everybody well what everybody thinks. Well also discussing what everybody thinks. Well also the discussing what everybody thinks. Well also the two discussing what everybody thinks. Well also the two child ;sing what everybody thinks. Well also the two child cap| what everybody thinks. Well also the two child cap on about the two to child cap on child credits. Lots of child tax credits. Lots of labour mps are very unhappy that the have said labour mps are very unhappy that the theyre hav
Certainly have. Know when people know and i know when people know that know what that were married, i know what they i know what youll that were married, i know what the be i know what youll that were married, i know what the be sayingi know what youll that were married, i know what the be saying at now what youll that were married, i know what the be saying at home. Iat youll that were married, i know what the be saying at home. Shesrll all be saying at home. Shes a very lucky lady. I know. Thats what everybody well what everybody thinks. Well also discussing what everybody thinks. Well also the discussing what everybody thinks. Well also the two discussing what everybody thinks. Well also the two child ;sing what everybody thinks. Well also the two child cap| what everybody thinks. Well also the two child cap on about the two to child cap on child credits. Lots of child tax credits. Lots of labour mps are very unhappy that the have said labour mps are very unhappy that the theyre hav