hello and welcome to sportsday i m gavin ramjaun. it s transfer deadline day but not as we know it, with one of the quiestest days in history. we ll tell you who s been in business. pressure on social media companies to stamp out racism. we hear what more needs to be done, with marcus rashford the latest target of online abuse. and big names from the lgbt+ community help the bbc kick off a month long celebration. hello and welcome to sportsday. the january transfer window closes at 11pm tonight for efl and and premier league clubs so we re into the final few hours for new signings for the final stretch of the season. last year s winter window was massive bruno fernandes the headline deal, going to manchester united for nearly £70 million. almost quarter of a billion was spent in all there. in 2018, it was even higher. 430 million spent then, which included pierre emerick aubameyang s big money move to arsenal. it s very different this time in 2021. and austin halewoo
and misconduct. the mayor of kyiv says that russian strikes on the city this morning have killed one person and wounded three others. good morning and welcome to bbc news. the uk s new chancellorjeremy hunt is to deliver an emergency statement on the british economyjust after 11 o clock this morning, bringing forward measures a fortnight earlier than expected. it s expected there ll be a delay in the plan to cut the basic rate of income tax from 20p to 19p, that would be yet another u turn from the mini budget that caused such turmoil on financial markets. with me now as our chief political correspondent. he is waiting in the wings to talk to me. let me round up, because an hour or so we are expecting to hear from the chancellor, he is going to be making that statement and we are expecting pretty much everything in the mini budgets to be pulled back, except for the national insurance increase, the national insurance cut because that has already been legislated for, obviously
two years. there has been huge interest from investors in the company, which says its chip designs are used by over two thirds of the world s population. the initial public offering or ipo was oversubscribed by ten times and it values the company at more than $54 billion. it s good news forjapanese investment firm softbank which bought arm back in 2016 for around 32 billion. but it s also been a blow to the london stock exchange, which missed out on the deal despite the intervention of the prime minister. our north america business correspondent erin delmore reports. if you have a smart phone, there is a 99% chance it is powered by a chip owned stomach designed by the softbank owned company arm. the ipo could raise up to $5 million, taking the company s market value of two more than $50 billion. this is the first time in seven years they re is the first time in seven years they re selling shares to the public. last year might the slowest year for american ipos in three d
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in the e.u. germany s role is boychuk this new germany gives a lot of money to the e.u. it people always count on germany because we re stronger and they always ask for money of course because we are paymasters everywhere these are just that now you cannot we finance a lot is it true sure we pay a lot for the e.u. but what actually happens to the money where do those billions end up and what does germany get out of it. the e.u. promises equal living conditions in all member state