Downgrade is forthcoming and what are the reasons behind it . Are the reasons behind it . This is a warnin are the reasons behind it . This is a Warning Signal are the reasons behind it . This is a Warning Signal and are the reasons behind it . This is a Warning Signal and i are the reasons behind it . This is a Warning Signal and i think are the reasons behind it . This is a Warning Signal and i think the Warning Signal and i think the message they are trying to send is that you have to take this seriously. We have seen what happened recently, it issued a warning saying it would downgrade the us governments Credit Rating and then it followed through on the threat so that is the situation the banks are in. There are concerns circling and we saw higher Interest Rates and the problems caused from regional banks but on top of that there are other concerns looming, notably from the commercial real estate sector, worries that high Interest Rates are causing real problems and the trend of re
west, more cloud and a few spots of rain in the morning and that could be more persistent into northern ireland on the western isles in the afternoon. not as cool as it has been close to the east coast, we are tending to lose the breeze. through into the middle of the week for the front tracks its way gradually southwards and eastwards. it will bring a spell of wet weather for many others. on wednesday, quite a lot of cloud moving on, rain putting in as well and the breeze picking up. down towards east anglia and the south east you are more likely to stay dry and bright to a good part of the day and around ten to 13 degrees. look ahead towards easter, a few showers on the map and things looking dry for most of us easter sunday. thanks, sarah. and that s bbc news at ten on monday the 3rd of april there s more analysis of the days main stories on newsnight with kirsty wark, which isjust getting under way on bbc two. the news continues here on bbc one, as now it s time to join
Another day and another announcement is expected from the chancellor, this time about the timing of his Medium Term Plan for the economy. As Kwasi Kwarteng says, he is listening and the much awaited detail on his radical measures to boost Economic Growth will now come sooner, possibly this month. The government had previously insisted the fiscal plan would still be published on November The 23rd despite the market chaos that came with the announcement of the chancellors mini budget. On monday, he revealed a plan to drop the uks highest rate of tax for top earners would no longer go ahead and addressing his party conference, he acknowledged shortcomings in the initial presentation of his economic plans. Ifi if i can be frank, i know the plan put forward only ten days ago has caused a little turbulence, i get it, i get it. We are listening and have listened and now i want to focus on delivering the major parts of our growth package. Because with Energy Bill Skyrocketing and a Painful Cov
there is the wreck of the mary rose. it has come to the surface. and it s exactly a0 years since henry 8th s flagship the mary rose was raised from the bottom of the solent, after 437 years under the sea. the bank of england has been forced to intervene once again in the markets warning of a material risk to financial stability. the emergency move this morning will see the bank buy a wider range of government debt, in order to restore conditions in the markets. it follows on from yesterday s announcement of further meaures aimed at ensuring an orderly end to its emergency bond buying scheme. today the institute for fiscal studies think tank warnted the chancellor will need to make big and painful spending cuts to put the country s finances on a sustainable path. it suggests the chancellor could increase working age benefits in line with average earnings, limit public investment to 2% of national income and cut the budgets of every government department except he