The bbc understands she will accept pay recommendations, which are billions of pounds above what shes budgeted for. The calculation, the disruption from prolonged industrial action, is far more damaging to the economy than digging deep now for above Inflation Pay rises. But it comes at an immediate cost. Transport projects will be paused, cancelled or reprioritised. Borisjohnson s new Hospital Programme may also be reviewed. To get the public finances back on track in the longer term, ms reeves is expected to commit to no more than one majorfiscal event per year she says to put an end to surprise budgets, which can unsettle the markets and family finances. She will establish a new office for value for money to cut down on waste and ensure all Government Spending delivers value. And she will underline the new legal requirement for the independent office for Budget Responsibility to scrutinise any major Tax Or Spending announcements. Analysts, like the institute for fiscal studies, have
Hello, wlecome to the programne, im frankie mccamley. Lets start with the fast moving developments in thailand. The parliament in bangkok has voted for the candidate of the pheu thai party, srettha thavisin, to be the next Prime Minister. Mr srettha won a majority of votes in a joint session of the elected lower house and unelected senate. He heads a coalition which includes conservative, military aligned parties which have previously opposed pheu thai. The vote coincided with the return from 15 year exile of former Prime Minister thaksin shinawatra. Hes the founder and main funder of pheu thai. Hours after his return he was taken to prison for corruption. Mr thaksin has long argued that the charges levelled against him were politically motivated. Its widely believed that a deal has been agreed that will allow mr thaksin to serve only a short portion of his eight year sentence. Straight to bangkok. Our South East Asia correspondent Jonathan Head is there. Jonathan, first of all lets lo
Trying to deploy a net. The children were on their way to school, when two cables of the aerial trolley snapped. Heres our pakistan correspondent Caroline Davies with the latest. We know that there are six children on board, two adults inside this cable car. This happened around 7 00 local time this morning. Now, we understand that this is a cable car that is running between villages here. Now, if instead of taking the cable car, the children were to go to school by the roads, it would take 2 hours, where by comparison, using this cable car, which we understand has been built by a local mechanic, thats according to a Police Officer on the scene. This would take about four minute journey instead. Now, according to locals there, this cable car had already done four journeys this morning when on the fifth one, the cables snapped. Now we know that weve seen these images of the cable car hanging just what it seems to be by a single cable. We know that there have been repeated attempts by th
Instead. The new deal today has to be done by the 18th Of October, not only for microsoft and activision, but also because there is a a0 day statutory limits for the cma to come up statutory limits for the cma to come up with their phase one investigations into this deal. The 18th Of October is a date which a lot of Technology Observers and Business Observers have a circle around in their diary. Network rail is to face prosecution over a train crash in aberdeenshire which claimed three lives. Train driver brett mccullough, conductor Donald Dinnie and passenger Christopher Stuchbury died in the crash in august 2020 when the train derailed at carmont after it hit a landslide after heavy rain. Network rail is due to face criminal action at the high court in aberdeen on 7th september. An endangered insect feared to be extinct in britain is set to make a comeback. The tiny river fly, also known as scarce yellow sally, was thought to have died out decades ago, but a small number were re disc
School children who are stuck in a cable car. They are dangling precariously above a river bed in the mountainous Khyber Pakhtunkhwa province. The children were on their way to school when two cables of the aerial trolley snapped. Lots of people on the ground watching the Rescue Operation, a huge amount of concern about what might happen. With me is our reporter courtney bembridge. How is the Rescue Operation going . In the pictures we just so we can see that the army has sent a couple of helicopters to the area but the rotor blades from the helicopters could disrupt the cables, so it is precarious, we can see the images now, it is hanging on its side, the cable car, it is an open cable car which means that the doors on each side, there is nothing to stop people falling out, which is adding to the risk, and the fact that there are children on board. We have heard from one of the men on board, he is 20 years old, and he has been in contact with some of our colleagues working on this sto