mallon, head of trade at logistics uk. thank you for clarifying the day there. the uk, this is bbc news. you are watching bbc news and a look at the business top stories. to the us now, where as you have been hearing the former boss of the ftx cryptocurrency exchange, sam bankman—fried, has been sentenced to 25 years in prison for defrauding customers and investors. thejudge also ordered bankman—fried to forfeit $11 billion that can be used to compensate victims. it marks the final downfall for a man once known as the �*king of crypto�* before his firm�*s dramatic collapse in 2022. he�*s expected to appeal the sentence, but they may not succeed in getting it reduced, as michelle fleury explains. thejudge had to decide the judge had to decide a couple of things, and taking into account the sentencing he was considering the age, the loss is involved, the impact on the victims, but also the message of deterrence, and ultimately he settled on 25 years for sam bankman—fried, sending him to prison for that amount of time. it was less than lawyers who had been prosecut

in the uk. , ., , , uk.gs -la out. uk. interesting how these things play out- watch _ uk. interesting how these things play out. watch this _ uk. interesting how these things play out. watch this space - uk. interesting how these things play out. watch this space is - uk. interesting how these things | play out. watch this space is what we will need to do right now. talk to you, russ from a] bell. to the us now and presidentjoe biden will map out his fiscal vision for the country later today as he unveils his budget for the year ahead. this being an election year, of course, means his spending wish list it will be as much a pitch to voters as a policy proposal. let's get more with our north america business correspondent michelle fleury who's in new york. gives a sense of what he may be able to do. he has a bit of a problem here, doesn't he, that voters don't feel any better off, even though the economy is faring rather well in the us. i economy is faring rather well in the us. ~' economy is faring rather we

in the uk. a] bell. to the us now and president joe biden will map out his fiscal vision for the country later today as he unveils his budget for the year ahead. this being an election year of course his spending wish list it will be as much a pitch to voters as a policy proposal. what should we expect? let's get more with our north america business correspondent michelle fleury who's in new york fleury who's in new york. what do what do you what do you think what do you think he what do you think he can what do you think he can deliver what do you think he can deliver for what do you think he can deliver for voters? mm what do you think he can deliver for voters? , mm what do you think he can deliver for voters? , �* mm what do you think he can deliver for voters? , �* ., , mm what do you think he can deliver for voters? , �* ., , ., , voters? president biden has released his buduet, voters? president biden has released his budget. it — voters? president biden has released his budget. it is _ v

slux solutions to brin capacity to the uk market which had been critical. think it is a combination of new business and existing business growth with the kp capacity constraint. uk has doubled in volumes. we have seen user growth to 3 million users in total the state itself is now over 7,000 locations which is the number one leading solution in the uk today >>> a drop in shares after the financial structure was completed for casino the french market was led by the czech billionaire. mandy. >> let's have a chat with lindsay james from quilter she's on the phone with us thank you. another day, another central banker pushes back on the hopes and dreams that the markets are harboring right now. would you agree we can afford more patience with monetary easing in. >> yes, i think personally the recent meeting from the fed that they were more relaxed on the inflation print we have seen coming through to me, we had two months now of hotter than expected month on month core inflation readings. i think another two months of that and we'll have two more data points co

as for the plans, it's a massive logistical operation. it's been talked about for months.n fact, the uk had been involved in some discussions around it and the problems in gaza is there is no deep water port, a small efficient harbour but nothing bigger. there's never been the ability to get big ships to gaza to deliver anything. with the increasingly desperate situation and the un no warning that more than a quarter of the publishing in gaza is on the brink of finding, the incident last week was a tipping point for the us administration, where we sought more than 100 desperate and hungry people killed around and aid convoy. palestinians say most of them shot by the israelis, the israelis said most were killed in a stampede. i think there is a moment for the administration, and we heard joe biden states it is released publicly, no excuses, that aid in. and we have had us air drops but this is really crumbs when you're talking about the aid delivery that is needed. so ships are the answer as far as the us and its goals allies are concerned. you can deliver thousands of truc

now it's a university town with one of the uk's foremost logistics companies, a famous football teamng quite well, i'm told, and a vibrant arts scene. people here — paisley buddies as they are called — are fiercely protective of their town, which was in danger of having the life sucked out of it by two massive out—of—town malls, but it has mounted a fightback. however, last year the town failed in its bid for 20 million from the levelling up fund. so tonight, near paisley, at scotland's national manufacturing institute, we have an array of guests to discuss the key issues for them as we head to a general election — and in front of them, our politicians. john nicolson, a former bbc journalist by trade, is the snp mp for ochil and south perthshire and the snp�*s shadow culture secretary. the former teacher michael shanks, the shadow minister of state for scotland, won the rutherglen and hamilton west by—election from the snp in october, making him one of two labour mps. craig hoy is the chairman of the scottish conservatives, and the msp for the south of scotland region, and was for ma

as many as 32 million uk passport holders have been warned to check their issue and expiry date detailsed entry to cities and holiday destinations across the eu. schools are people are turning up at airports with passports which do not meet post brexit entry criteria, our correspondent was one of them. it's the moment we all dream of after the planning, packing and saying goodbye to work for a few weeks, time to check in for the well and holiday. for some people this is as far as they get. this paramedic was on his way to france with his fiancee to visit families off despite checking in for their flight online and making their way through luggage drop in security and passport control, at the watergate they were in a surprise. i at the watergate they were in a surrise. . , ., , , , surprise. i had ten years plus extra months _ surprise. i had ten years plus extra months on _ surprise. i had ten years plus extra months on the - surprise. i had ten years plus| extra months on the passport which i did not and could be a passport problem. he which i did not and could be a passport problem.—

as many as 32 million uk passport holders are being warned to check their issue and expiry date detailsing refused entry to holiday destinations across the european union. scores of people are reporting and up with passports at the eight —— meet the criteria. marc ashdown reports. it a moment we all dream of after the planning, packing and saying goodbye to work for a few weeks, it's time to check in for the well—earned holiday. for some people, this is as far as they get. paramedic nathan barnes was on its way to france with his fiancee to visit family. despite checking in online, they are making their way through luggage drop, security and passport control but at the boarding gate they were in a surprise. i had ten years plus extra months on the passport. ididn't i didn't think it would be a problem. he fell relevant ten—year rule, his passport issued ten years before the date the traveller so he would be refused entry to any eu country. they just theyjust said, sorry, you are not coming on. that moment they told you could not board, how did you feel? gutted. we were surprised more th

our employees from the uk, canada and the usa did a very good job in logistics. on armament, on to thereated new training programs; it is very pleasant that they not only take part in training cadets. their main focus is teacher training. all this training for teachers and cadets took place within the framework of the natop program, designed to improve the defense education system of ukraine and other countries. it began to operate in nezalezhny even before the euromaidan in 2012. a group of experts from the program for improving military education visited and will continue to visit military educational institutions. in particular, yesterday we were in lvov, today we visited the institute of naval forces and the military academy in oda. more than 12 thousand ukrainian armed forces soldiers have undergone advanced training under north atlantic alliance programs. in parallel with this, training of employees of the ukrainian special services took place. future employees of the sbu and gur were taught abroad in educational institutions on special courses, and later on... the teaching progr

there will be short-term logistical - will be short—term logistical problems for some time, as you sayink it is really more of a local issue. i don't think the uk or indeed australia will notice very much. ~ ., australia will notice very much. ~ . , , australia will notice very much. ~ ., ,, ., much. whatever the issue of insurance? _ much. whatever the issue of insurance? it _ much. whatever the issue of insurance? it will _ much. whatever the issue of insurance? it will be - much. whatever the issue of insurance? it will be hugelyl insurance? it will be hugely costly, waiter, in terms of repairs, payments to the relevant parties? it is a big issue, isn't it? it relevant parties? it is a big issue, isn't it?— issue, isn't it? it will be a massive _ issue, isn't it? it will be a massive build, _ issue, isn't it? it will be a | massive build, absolutely. issue, isn't it? it will be a l massive build, absolutely. i see that president biden has already offered reconstructive bridge but in short terms of insurance claim it will be anonymous and there are concerns about the effect that that

i don't think the uk or indeed australia are really going to notice very much.t president biden�*s sort of already offered to reconstruct the bridge. but in terms of insurance claim, it's going to be enormous and there are concerns about the effect that that might have. my understanding is that the ship was insured with the britannia p&i club and the britannia club, as far as i can see, despite the name it's got, it's based in a number of countries. but nonetheless, it's going to put, i think, a big strain on the p&i club system because they basically... there are 13 p&i clubs that are together in an international group, and they will be sharing the costs between them. but even despite the sharing and the reinsurance, it's going to be a significant hit. it's notjust the bridge, which is clearly a risk to shipping and has to be removed, but there will be containers floating around in the water, i suspect. i don't know how many of those actually fell in the into the sea, but containers floating or semi—floating or semi—submerged are a well known hazard to particul