Worth over £85 million. Its now down to kane to decide whether to leave. Hello and welcome to the bbc news at one. At least 36 people are known to have been killed by wildfires sweeping across hawaii. Large parts of the Tourist Town Of Lahaina on the Island Of Maui have been burned to the ground. This was the scene overnight, when flames spread rapidly, forcing some people to jump into the sea to escape. Daylight revealed devastation, with multiple areas burnt to the ground and the western side of the island almost cut off. Officials say the Hospital System is overwhelmed, with many people suffering burns and smoke inhalation. 0ur correspondent Richard Galpin has this report. Is anybody still out here . If anybody is still out here, its time to go. Anybody is still out here, its time to no. ,. ,. , anybody is still out here, its time toao. ,. ,. , to go. These are the desperate calls for eole to go. These are the desperate calls for peeple still to go. These are the desperate calls fo
British ice are tax Free Allowance to invest in uk listed companies. British isa tax Free Allowance. Moving on to the uk economy. The Office For Budget Responsibility predicts uk economy will grow by 0. 8 this year and 1. 9 next year. The uks Inflation Rate is also forecast to fall below 2 target this year. But the underlying debt, excluding Bank Of England debt, is forecast to be 91. 7 of gdp this year rising to 92. 8 next year. The government also kept a freeze on alcohol duty, which had been due to end in august, which will now continue until february 2025. There will be a new tax on vaping products to start in october 2026, and the existing tax on tobacco will increase. The chancellor says is in order to maintain the financial incentive to choose vaping over smoking. 0n transport and energy, the government has frozen the fuel duty again and kept the 5p cut in fuel duty on petrol and diesel, due to end later this month for another year. A windfall tax on the profits of energy firms,
Lives he saved. Fi refox and aid corridor in gaza should Begin Operating this weekend. Aid agencies have said hunger has reached catastrophic levels. The us, uk and eu will open a maritime corridor is to allow the delivery of additional supplies. They will continue to to urge israel to allow more trucks into gaza. Ursula von der leyen is in cyprus and said the corridor should be operating within days. Today, the republic of cyprus, the european commission, the United Arab Emirates and the united states, of course supported by other critical partners, announced our intention to open the maritime corridor, to deliver much needed additional amounts of humanitarian assistance by sea. We are launching this Cyprus Maritime Corridor together. Cyprus, the eu, the United Arab Emirates and the eu, the United Arab Emirates and the united states. It is your relentless work to get the squad are up relentless work to get the squad are up and running despite all the challenges and this is truly inspi
Earlier, i spoke to dr matt patterson, whos a Postdoctoral Research assistant in Atmospheric Physics at the University Of Oxford and has been following the winter heatwave. He said this is not a common occurance. Its really quite unusual to see a heatwave of this magnitude in the winter. As you said, weve seen temperatures of 38 degrees in some andes towns when we would expect to see temperatures of 10 15 degrees at this time of year. So really quite unprecedented. In terms of the magnitude, 20 degrees more than average, thats comparable with Summer Heatwaves that weve seen in the southern United States, Southern Europe and china this year. Can you explain in basic terms what exactly is causing this heatwave in winter . Certainly. Its a High Pressure system just to the east of the andes, which is basically dragging warm air down from the tropics and bringing that heat down towards chile and argentina. That High Pressure is also compressing the air, much like when you pump up a bike tyr
stimulus will come, but it will be limited. just to barely make it to 5% and possibly slightly below 5% next year. it to 596 and possibly slightly below 596 next year.- below 596 next year. these attacks on below 596 next year. these attacks on commercial - below 596 next year. these - attacks on commercial shipping in the red sea what s the impact likely to be on china and asia? surely these countries also need the goods that are being shipped from that are being shipped from that region? that are being shipped from that reuion? ~ ., , , that region? well, absolutely. china is the that region? well, absolutely. china is the largest that region? well, absolutely. china is the largest exporter l china is the largest exporter in the world by far with manufactured products. so china does suffer from, especially from when it takes to bring goods to europe. of course, we have railway now, available. part of the belt & road initiative. but you know, ukraine and russia s wa