A budget that will define the next Half Decade under labour begins to take shape with more investment in big projects, more borrowing, and perhaps less of a Tax Rise than expected. And devastating israeli strikes on beirut actively targeting hezbollah s leadership, as Benjamin Netanyahu dashes back from the Un And Tehran holds emergency meetings. Where will this escalation take the region and the world . Good evening. This is newsnight, home to Insight And Analysis from home and abroad. Well discuss the emerging situation in the Middle East a little later, matters could develop as we are on air. Breaking news is that they hezbollah it senior leadership is unreachable following the israel strikes on the Beirut Southern Suburbs on thursday. We will discuss that later. But first a domestic Mid Conference political and economic stock take with our top panel. Anushka asthana, Itv News deputy political editor, author of taken as red, an Insider Account of Labours Ascent to power, zing tseng,
While Manchester United are in action against fc twente, 0 0 there. Tottenham open their Europa League Account on thursday night. Their Midfielder Rodrigo Bentancur is facing an Fa Charge for an alleged Racist Remark made in a Media Interview this summer concerning his Team Mate Son heung min. Well the Spurs Captain has expressed his love for the uruguayan today, in spite of bentancur s Misconduct Charge which, if proven, could bring with it a hefty ban. I love him, i love him with a lot of good memories and we started playing together when he joined and he apologised straight afterwards and had a holiday and i was at home and i didnt even realise what was going on and he just sent me a long Text Message that it was coming from his heart, you know and afterwards, when we come to, when we come back to the Training Ground into pre season, hes really sorry and he almost cried when he apologised. There are also two games in the third round of the English League cup. Liverpool are in actio
Lays out her plans for the uk economy. We take a look at how they stack up. Take over or turn around . Rumours mount over the future of struggling Chip Maker Intel. And still there for us. Friends after all these years. How the Hit Show is doing after 30 years since monica, ross, rachel, chandler, Joey And Phoebe met in that new York Coffee bar and made a fortune. Welcome to business today. Im mark lobel. We start here in the uk where the chancellor, Rachel Reeves, has been laying out her plans for the economy ahead of the new governments first budget next month. The first ever female Uk Finance chief struck a positive tone. She is pledging a new era of stability after years of economic uncertainty. Saying his is a pro business, pro Worker Government that will deliver a New Industrial Strategy to unlock Growth And Draw in investment. Im joined by chief Uk Economist at pantheon macroeconomics, rob wood. Thanks forjoining us. What is your big takeaway from this speech ahead of next Month
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
The Billionaire Entrepreneur jared isaacman clambered out of Spacexs Dragon Capsule and performed a series of manoeuvres near the hatch. He was followed by sarah gillis, a Spacex Engineer who is part of the four person, all civilian crew. This is the image of Mr Isaacman emerging from the Spacecraft Silhouetted against a spectacular view of Earth. Heres our Science Correspondent Pallab ghosh. Back at home, we all have a lot of work to do, but from here, Earth looks like a perfect world. Historic words for an historic moment. Out comes the first private Sector Astronaut to walk in space. Silhouetted in Earths orbit, billionaire jared isaacman paid millions of dollars for this experience. He remains partly in the capsule, so more Baby Steps than a walk in space, but a chance to move around in the newly developed spacesuit to test its mobility. The entire Operation End to end is two hours, so we just got to kind of see how everything progresses through it. But we dont need very long out t