Live from london this live from london this is business todAy. Is business todAy. We stArt in the Red SeA where irAn bAcked Yemeni Houthi rebels AttAcked two more Crude Oil TAnkers with missiles And drones on mondAy in whAt us CentrAl CommAnd cAlled Reckless Acts of terrorism. LAte lAst week the group releAsed these pictures of Another AttAck on the greek flAgged tAnker sounion. Since the houthis begAn tArgeting ships in support of the pAlestiniAns over the GAzA WAr bAck in november they hAve lAunched more thAn 70 AttAcks, sinking two vessels, Seizing Another And killling At leAst three seAfArers. The economic impAct hAs been felt fAr beyond the region with ships forced to divert on A long And costly detour Around the horn of AfricA. West coAst soAred 389 Betwen December And july. From AsiA to europe its been even more expensive up 469 over the sAme period. Those prices hAve eAsed A little since but Are still mAssively higher thAn when the houthis begAn their AttAcks. Peter sAnd is Chi
Many of the survivors had been in the sea, screaming for help. Others had been trying to bail out their sinking boat using their shoes. Translation they were in trouble. Some were suffering from seasickness and the boats are quite simply overloaded. They overload the boats and so the boats can no longer move forwards. The last boat was too full. These pictures taken earlier in the week showed just how many people can be crammed into flimsy boats in the worlds busiest shipping lane. The french Authorities Say they will only intervene at sea if a boat gets into difficulty. The mp for dover is calling for a new approach. This is an absolute tragedy today in the channel, and my thoughts and prayers are with all those affected. What we now really need to see is the french stopping these unseaworthy and overcrowded vessels getting into the channel in the first place, and a joint channel security zone. Charities supporting refugees say they have heard calls for change before. Its tragic, isnt
Vaping products will come in october 2026 and the existing tax on tobacco will increase. The chancellor says thats in order to maintain the financial incentive to choose over smoking. Windfall tax on the profits of energy firms draw will be extended into 2029 even that was previously scheduled to end in 2028. Increase in flight duty for Business Class tickets, non dom tax free dream on People Living overseas and didnt that it will be replaced with new rules from april 2025. Bigger picture the uk economy now. The obr, office of budget responsibility predicts the economy is going to grow and add 1. 9 we are currently on a technical recession. Inflation rate forecast to fall below 2 target this year but the underlying debt. 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, there is a lot to chew over and we have tried to bring up to date on the main headlines but
At least 30 passengers have been killed after an express train derailed in southern pakistan. A Police Officer supervising the Rescue Operation said more than a hundred people had been injured in the incident. The Hazara Express came off the rails near nawabshah in sindh province, as it travelled from karachi to abbottabad. Its not immediately clear what caused the derailment. These are the latest pictures from the scene, in a remote area. Emergency workers are battling to rescue passengers trapped in at least five overturned carriages, with more rescue teams deployed to the scene. An emergency has been declared in nearby hospitals including this one in nawabshah where casualties have been arriving. Our correspondent Tarhub Asghar is following developments from lahore. Well, a Rescue Operation is still going on. And according to the Chief Minister, he said that 30 people have been killed in this incident and 84 people are injured. And according to the officials, approximately 17 bodies
Out with an old new manager at the helm of the champions and first victoria now alberta, the Commonwealth Games has no future hosts right now as another pulls out with Cost Concerns of course we want to hold on and secure Commonwealth Games which is held so closely to everyones hearts and has fantastic memories. Also coming up on sportsday. We hear from six time world motogp champion marc marquez who rides into silverstone this weekend in a rare position. Out of contention for title number seven. And the playing has taken a rest but the anticipation hasnt. We look ahead to the womens world cup last 16 hello again. Doesnt august come around quickly each year . While a world cup continues on the other side of the world, here, anew Football League season is about to start. Hillsborough will host the opening game in the championship as two teams that last season were two divisions apart kick things off tonight. Tomorrow celtic, under new management, begin the defence of their Scottish Prem