germany. your speech suggests you don t acknowledge these things. if you cant don t acknowledge these things. if you can t see the problem, chancellor, why would voters believe you can chancellor, why would voters believe you can fix chancellor, why would voters believe you can fix it? you can fix it? joel, let s get that bit ri . ht! you can fix it? joel, let s get that bit right! i you can fix it? joel, let s get that bit right! | think you can fix it? joel, let s get that bit right! i think you you can fix it? joel, let s get that bit right! i think you are - bit right! i think you are completely wrong. my entire speech is about how we deal with the productivity paradox that is at the heart of why we haven t seen that growth in real incomes, if we don t invest in improvements in our education system, in our skills, if we don t find opportunities for the millions of people who could work and contribute to our economy back down at the moment, we are not going to s
plus rising prices falling ratings. can president biden win the argument on the us economy with just days to go until the midterm elections? and a pressing crisis. the cost of olive oil set to soar with harvests shrivelled by europe s summer heatwave. hello. we start here in the uk which is now facing the longest recession since records began, a century ago. that was the bleak warning from the bank of england on thursday, as it raised interest rates to 3% to try to dampen down soaring inflation. the bank says the uk economy is already in recession, and could keep declining until the middle of 202a. the pound slumped on the news to its lowest in more than two weeks. here s our economics editor faisal islam. the end of a decade and a half of ultralow interest rates was always going to be difficult, but dealing in mortgages has in recent weeks felt more like the stock market than the housing market. , , stock market than the housing market. , , . ., , market
today, following the firm s takeover by elon musk. prince william has announced the finalists for his global we are going to find a solution is to repair our planet. prince william has announced the finalists for his global environment awards, the earthshot prize . good morning and welcome to the bbc news channel. the government could delay or scrap major energy and transport projects as it tries to rein in public spending a spokesperson said we are reviewing every major project . the treasury is due to reveal its tax and spending plans under the new prime minister rishi sunak in the autumn statement on the 17th of november. the bbc understands that plans for a new nuclear power plant called sizewell c in suffolk are under review borisjohnson pledged £700 million for the project in september, with a call to go nuclear and go large . a high speed rail line promised by liz truss for the north of england could also be scaled back. the government is also expected to try t