we start here in the uk, where as you have been hearing the pressure on prime minister liz truss is building after another day of political chaos. the exit of a key cabinet member, home secretary suella braverman, who delivered a blistering attack on her former boss in her resignation letter. then a huge row in the house of commons over a vote on fracking, seen as a test of loyalty to the prime minister. it saw the pound fall sharply on wednesday, wiping out all the gains made this week after liz truss replaced her chancellor and abandoned the tax cutting plans that had rattled the markets. our political editor chris mason was following events. conservative mps are openmouthed in horror at what they are witnessing, government six week old histjunked the majority of its programme and removed a chancellor in a day of complete chaos, at lunchtime a senior adviser to the prime minister suspended over allegations of briefing against conservative mps, after prime minister s questi
let s start here in the uk, where prime minister liz truss is no longer promising to increase state pensions in line with surging inflation, and has asked ministers to look for more spending cuts. two weeks ago, the prime minister said she was committed to what s known as the triple lock. that means payments rise by whatever is higher between prices, average earnings or 2.5%. however her spokesman said truss was now not making any commitments on government spending. inflation figures are out in a few hours time and expected to show its at 10 percent, whilst the figure for average earnings is just below 5.5%. joining me now is dan kemp global chief investment officer at morningstar investment management. this investment management. will be a real concern foi many this will be a real concern for many pensioners, this trust when asked about the triple lot can my colleague asked her she said she was committed to that? you are correct, it will be of great concern to pension
talking to people about how they are coping with rising prices. join they are coping with rising prices. us at 9.30 at the we join us at 9.30 at the fire station. we have an audience full of fascinating people from all walks of life who will be talking about the cost of living crisis and how it is affecting people who work and live in the city. join us at 9.30. and i m annita mcveigh at westminster where at 12 o clock, liz truss will face questions from mps in the house of commons for the first time since the almost complete reversal of her economic plan. and as inflation hits double figures, downing street refuses to commit to increasing state pensions in line with prices, which would be breaking a manifesto pledge. obviously we take manifesto commitments incredibly seriously. the chancellor will be making a statement in just over a week s time, where he will set out all the plans for taxation and expenditure and government budgets. hello and welcome to bbc news, with mejo
i m across the city at the kayll road, one of sunderland s warm spaces as at survey conducted on the half of the bbc say many people are delaying putting the heating on this winter to try to save cash. the other main headlines this morning: a report on failings in maternity care at the east kent hospitals trust is to be published families have been warned it s likely to be harrowing. good morning. a terrific turnaround from crystal palace they come from behind to beat wolves in the premier league, with wilfried zaha s winner sending them up to tenth in the table. we are in for another unseasonably mild day across much of the uk and we also have some rain pushing up the western side of the country. the sunnier skies will be in the outer hebrides and parts of the southeast. i will have all the details later. good morning. it s wednesday, 19th october. welcome to the national glass centre here in sunderland. we are here to talk about the rising cost of living and how it s af
and her supposed best friend, the former chancellor, he s gone as well. they re all gone, so why is she still here? cheers mr speaker. sneers mr speaker, lam a fighter, not a quitter. and the other main stories this lunchtime: up to 45 babies may have survived if they d received better care at east kent nhs hosptials trust, finds a damning inquiry. russia says it s evacuating civilians from the occupied city of kherson as ukrainian forces make big gains in the area. and in cricket ireland beat scotland by six wickets, at the t20 world cup in australia. and coming up on the bbc news channel: we look ahead to a busy night in the premier league. five games including liverpool against west ham, while manchester united host tottenham. good afternoon, and welcome to the bbc s news at one. figures show the cost of living is rising at the fastest rate for a0 years. inflation rose above 10% for the 12 months to september, with most of that increase due to higherfood prices. th