welcome to the programme. amid the turmoil in uk markets this week, the chancellor met the us banks today and was told in no uncertain terms that his budget which he has planned for november is way too far away . the government needs to communicate much sooner, said the banks, on what the solution will be to the problem the city believes they created. it has been another chaotic day on the markets. this morning, the bank of england performed a screeching u turn, putting the brakes on its plan to sell government bonds and instead launching a new scheme to buy them. think of it as a form of digital money printing. the bank is creating funds to to buy bonds which the government issues to borrow money. and this is why. since the mini budget, the cost of government borrowing long term has shot up. it was spiralling above 5%. that s a 20 year high. we have seen rises in the last two days that would normally take years. the bank of england is buying up the debt, in essence creating
and this is the scene right now, with people continuing to queue despite an onset of colder weather tonight and waiting times of around 22 hours. earlier, the king ended his tour of the uk in cardiff, addressing members of the welsh parliament and greeting crowds who came to welcome him. i take itake up i take up my new duties with immense gratitude for the privilege of having been able to serve as prince of wales. we ll bring you details of the events taking place over the weekend leading up to the queen s state funeral on monday. also on the programme. ukraine says hundreds of graves have been found outside izyum, a city that was recently regained from russian forces. it s only now, after the russians have been pushed out, that the authorities can really investigate and can establish how many victims they left behind. as retail sales in the uk dip sharply, the pound falls to a 37 year low against the us dollar. and the women s super league in england gets under way, with cl
you have been in it. you very hard thing to explain, unless you have been in it. very hard thing to explain, unless you have been in it. you have done it brilliantly. you have been in it. you have done it brilliantly, all you have been in it. you have done it brilliantly, all of you have been in it. you have done it brilliantly, all of you you have been in it. you have done it brilliantly, all of you have. - it brilliantly, all of you have. thank you very much indeed, tony, nick, natasha and elizabeth. more to come. premature babies, your stories. this is bbc radio 5 live, bbc sounds, bbc news, glad you are there. meanwhile, here is the news with al tansley. it s emerged that health inspectors considered closing a maternity unit in kent. an independent review found that services at the william harvey hospital in ashford were inadequate. east kent hospitals trust said it acted immediately to address safety concerns. april s retailfigures were pubished this morning. sales rose b