Progress. A signal we are entering a new phase of our economy and our recovery. I believe it is important for the country to recognise this progress because if we do not, progress made will remain locked in the fear of negative mindsets that dominate our economic outlook since the pandemic began. Investors have cheered the cut, the dowjones industrial the neck i added 1. 5% in us dot markets. And the s&p 500 rose to all high times. Bbc s samira hussain has more from new york. 0ur the s&p 500 road i. 7%, the s&p 500 road i. 7%, extending this years gains to 20% and meanwhile the dowjones surged over 500 points to topping 32,000 for the first time in the majority of industry groups closed out the interest is higher and big tech outperformed as it was spurred to investors return to risk on mood and tesla gained 4% and more than 7% respectively. Stocks traditionally tied to economic growth jumped withjp economic growth jumped with jp morgan economic growth jumped withjp morgan chase and ca
granted, we won t know the answer to that question until november the fifth, but on monday, iowa was the first state in which voters could choose who they thought should be the republican candidate. and their decision was pretty clear. like the cat that got the cream, or maybe the king regaining his crown. donald trump was practically inhaling the adoration. knowing he d won support beyond his usual base, including women, college graduates and younger voters. but with a long time to go before we know who will be occupying the white house next. andy buck watched some of the extensive coverage this week and wondered. and peter towers added. well, there will certainly be more coverage to come next tuesday, as that s when the second primary contest for the republican nomination takes place in the state of new hampshire. and next week, we ll be speaking to the north america editor for bbc news sarah smith. so if you ve got any questions or comments you d like to put to her, please
hello and welcome to our look ahead to what the papers will be bringing us tomorrow. with me are rachel watson, the scottish political editor at the scottish sun, along with the author and journalist, emma woolf. tomorrow s front pages, starting with the ft leads with the coversative leadership race while eight candidates have qualified for the first ballot, the paper reports that borisjohnson s allies want to stop former chancellor rishi sunak from securing leadership. the express also says that loyalists to the outgoing prime minister want to stop rishi sunak and urge tory mps to back foreign secretary liz truss instead. the i also highlights the eight candidates left in the race for leader of the conservative party. meanwhile, the telegraph reports that rishi sunak will run the economy like thatcher if he wins his bid for prime minister. the guardian features an image of a stunning view from space from the james webb telescope s view from space as well as the eigh
kerslake. fines, it was about. lord kerslake, just fines, it was about. lord kerslake, just want - fines, it was about. lord kerslake, just want to - kerslake, just want to interrupt, i want is a over my shoulder we can see the prime minister returning to downing street. he isjust pulling up behind us at the moment. boris johnson, should you not resign today? will you resign? borisjohnson today? will you resign? boris johnson obviously today? will you resign? borisjohnson obviouslyjust returning are not making any further comment. the presenter did apologise to her guest for interrupting the interview, but they didn t change the view of james little. now, the government s decision in 2january frees now, the government s decision in 2 january frees the now, the government s decision in 2january frees the license fee for the next two years meant the bbc had an annual shortfall of £285 million. and we discovered on thursday what savings the corporation plans in order to plu