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tv   Outside Source  BBC News  June 15, 2022 7:00pm-8:01pm BST

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hello, i'm ros atkins, this is outside source. boris johnson's ethics borisjohnson's ethics adviser has resigned. borisjohnson�*s ethics adviser has resigned. he has not given a reason for standing down but yesterday he told a commons committee the prime minister may have broken the ministerial code over parties on downing street. central bank expects to announce an interest rate rise at a moment designed to combat inflation. it could be the biggest rate hike in nearly 30 years. yorkshire cricket club and a number of individuals have been charged by the games government body following allegations of racism by former player azeem rafiq.
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breaking news to begin the program. prime minister borisjohnson�*s prime minister boris johnson's ethics prime minister borisjohnson�*s ethics adviser lord guide has resigned. yesterday he told mps it was reasonable to suggest the prime minister may have reached the ministerial code after being fined for attending a party in number ten during lockdown, in a statement on the government website he's written... it was on tuesday that lord geidt was questioned by the administration committee, that appearance at a lot of attention, labour mpjohn mcdonald had labour mp john mcdonald had suggested labour mpjohn mcdonald had suggested this role was little more than a ten of whitewash to which lord geidt replied how can i defeat the impression your suggestion of a cosy insufficient relationship, it is very hard. when he was asked
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whether he was truly independent he replied, "i'm an asset of the prime minister rather than a free orbiting adviser it with a different source of authority. bring injonathan blake. perhaps this isn't a huge surprise. blake. perhaps this isn't a huge surrise. ., ., surprise. no. the timing though, it has come as— surprise. no. the timing though, it has come as a _ surprise. no. the timing though, it has come as a bit _ surprise. no. the timing though, it has come as a bit of— surprise. no. the timing though, it has come as a bit of a _ surprise. no. the timing though, it has come as a bit of a surprise. - surprise. no. the timing though, it| has come as a bit of a surprise. you would think that the recent flashpoint between lord geidt and the prime minister been a trigger for him to step down after he made it clear as it would just submit question as he put it over boris johnson broken up the ministerial cone receiving a penalty notice for his attendance early gathering which broke lockdown rules during the magenta but that might have been an occasion when he decided to sit down for the p state imposed as you are explaining and then he was explaining and then he was explaining before mps of the houses of parliament earlier this week and asking questions about all of that.
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he didn't deny that and when question that he had considered resigning but appeared to have resulted to stay at his post was up this evening we learned by only a few brief statements at this point published on the governments website that lord geidt is stepping down just a repeat he said... "with regret i feel that it's right that i resigned from my post is independent and two adviser on entrance. this hiuuhlihts and two adviser on entrance. this highlights the _ and two adviser on entrance. this highlights the fact that the system of oversight within parliament roots back to the prime minister who has a role in deciding how this oversight may be implemented. yes. role in deciding how this oversight may be implemented.— role in deciding how this oversight may be implemented. yes, the prime minister is the — may be implemented. yes, the prime minister is the person _ may be implemented. yes, the prime minister is the person who _ may be implemented. yes, the prime minister is the person who enforces i minister is the person who enforces the ministerial code, the set of rules in which ministers are expected to abide by at all times. lord geidt, while he was in the post of his predecessors are really there as overseer of that code, if you
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like. they have added to a recently had the power to initiate investigations on their own onto whether someone has or hasn't broken the rules was up at the end of any investigation all they do is offer advice and findings to the prime minister whosejob it is advice and findings to the prime minister whose job it is then to enforce that code or themselves and whether it has been broken in art. and to administer punishment. in the past we've seen the prime minister overruled his previous independent advisers on standards, whether priti patel was guilty of a bully and colleagues at the home office, that resulted in a resignation and now this. there is a tension there and certainly as far as the two incumbents of the role goes, a frustration and its scope in their ability to carry it out properly. have we heard from borisjohnson on this? not yet, no. and it appears that this came as something of a
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surprise to number ten, as far as we can gather so far this evening. i’m can gather so far this evening. i'm sure there — can gather so far this evening. i“n sure there may well be a response in due course, probably an exchange of letters between lord geidt and the prime minister. but that letter is almost certainly be in written as we speak. shill almost certainly be in written as we seak. �* , ., , , speak. all right. if you see, let us know. speak. all right. if you see, let us know thank _ speak. all right. if you see, let us know. thank you _ speak. all right. if you see, let us know. thank you much, _ speak. all right. if you see, let usj know. thank you much, jonathan. boris johnson's ethics know. thank you much, jonathan. borisjohnson's ethics adviser has quit for them as we have further reaction through that we will bring that to you. in the meantime, let's talk about yorkshire cricket club. in the meantime, let's talk about yorkshire cricket club. yorkshire cricket club and a number of individuals have been charged by the england and wales cricket board with breaches of its code of conduct. this follows an investigation into racism at the club. the charges relate to bringing the game into disrepute and breaking the anti—discrimination code — and were brought after claims were made last year by the former yorkshire player azeem rafiq. he has welcomed the charges and said the process had been gruelling but necessary. 0ur sports editor, dan roan
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reports from headingley. english cricket was on a high, yesterday stunning victory of a new ceiling in the second test, one of the greatest wins in the teams history. butjust 2a hours later came the latest development in the saga that cast a shadow over the sport, yorkshire and the number of unnamed individuals charged by the ecb of two allegations of racism following a six—month and education made by claims by a former player azeem rafiq. in a statement the government body said... last year azeem rafiq gave harrowing testimony to mps about the racist abuse he said he had suffered by some of his former college at york shire. , , , ., , shire. there 'ust seems to be in acceptance — shire. there just seems to be in acceptance of — shire. there just seems to be in acceptance of the _ shire. there just seems to be in acceptance of the institution - shire. there just seems to be in i acceptance of the institution from the leaders and no one ever stamped
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it out. , , ., . ., it out. the whistle-blower claim form a team-mate _ it out. the whistle-blower claim form a team-mate gary - it out. the whistle-blower claim form a team-mate gary balance it out. the whistle-blower claim - form a team-mate gary balance was form a team—mate gary balance was among those used racist language towards him for the balance as he deeply regretted doing so. 0r captain michael vaughn revealed had been accused of making racist comments to azeem rafiq and other players but is repeatedly denied the claims. today in a statement azeem rafiq said... last year yorkshire sparked outrage by not disciplining anyone despite azeem rafiq being found to a thought two racial harassment. a damning parliamentary report concluded texts termination was pandemic in its report in today one of its authors gave this reaction. one of its authors gave this reactien-— one of its authors gave this reaction. ., ., , , ., reaction. what actually happens to the name reaction. what actually happens to the game more — reaction. what actually happens to the game more generally, - reaction. what actually happens to the game more generally, they'll. reaction. what actually happens to l the game more generally, they'll be certain_ the game more generally, they'll be certain of— the game more generally, they'll be certain of the lot of yorkshire out there _ certain of the lot of yorkshire out there and — certain of the lot of yorkshire out there and we need to be sure that the ecb _ there and we need to be sure that the ecb has a gain under its control which _ the ecb has a gain under its control which is _ the ecb has a gain under its control which is inclusive which means everyone — which is inclusive which means everyone from every background can
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feel safe _ everyone from every background can feel safe and welcome to the air. having _ feel safe and welcome to the air. having read again the lucrative international hosting rights are lost in the wake of the crisis after an overall and staff in various reform, yorkshire is now preparing to welcome england in the next test match at next week but moving on from the scandal is proving no easy task. let's hear more from dan. i spoke to him a few minutes ago.— him a few minutes ago. earlier is the era parliamentary _ him a few minutes ago. earlier is the era parliamentary report - him a few minutes ago. earlier is the era parliamentary report said that the issue of racism was endemic and deep rooted, notjust in york shire but throughout the game of cricket in england. they called in the ecb, the governing body to get its house in order and to stamp this out and to show that it was serious about inclusion and diversity. in fact they also suggested that if this wasn't forthcoming, this progress they should be docked public funding by the government. there is no doubt the sport generally in england is under pressure now to improve the
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situation. after azeem rafiq's allegation which first emerged couple years ago but were really ignited last year in 2021 when it was revealed that yorkshire had conducted their own independent investigation which found that azeem rafiq had suffered harassment and racial bullying but they took the decision not to discipline anybody and that because al's rage after that was revealed. there are a series of the allegations it other counties in the game and the sense was this had laid bare in issue that had been under the surface for some time. it didn'tjust relate to behaviour in the way people were treated by colleagues in the game but also about underrepresentation. i think it shone a spotlight on what appeared to be a lack of diversity when it came both to players but also to coaches and administrators in the game of cricket. i think also perhaps beyond cricket and other sports as well in england. {shrew sports as well in england. given everything _ sports as well in england. given everything you've _ sports as well in england. given everything you've just _ sports as well in england. given everything you've just outlined, | everything you've just outlined, beyond the charges that have been
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announced today, what is the game doing to address all that? the announced today, what is the game doing to address all that?— doing to address all that? the ecb has said that _ doing to address all that? the ecb has said that it _ doing to address all that? the ecb has said that it is _ doing to address all that? the ecb has said that it is serious - doing to address all that? the ecb has said that it is serious about. has said that it is serious about tackling this issue, it's come up with an action plan, there's a new emphasis on programmes that are designed to go into local communities such as the ones that are near here in your shareware perhaps youngsters have felt that the game, certainly the more formal forms of the game are for them. —— york shire. they have tried to show that they are taking azeem rafiq and's seriously and will take on board his thoughts. it is significant to think that today certainly according 2i significant to think that today certainly according 21 these charges have been brought he thinks it's all part of the process to show that the game is serious now about stamping this out. but it is a continuation, it's prolonging the pain for this county in particular for this county in particular. they were desperate to move on, they were deserted by
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sponsors, there were resignations of recriminations, they lost their right to stage england matches it which put them into a huge financial predicament. since then there's been governance reforms brought in, in overhaul of the staff, new coaches in a new chairman. they have pledged to turn over a new leave and they were looking forward to moving on. you're in town next week, a boy inside after that victory against new zealand in the second test. but of course, the charges remind us once again that moving on is knocking to be easy. in fact, it will be several months longer until this county reaches any of closure. two breaking stories here an outside source. 0ne two breaking stories here an outside source. one in west minister of the prime ministers ethics adviser lord geidt has quit. and in the us the federal reserve hasjust geidt has quit. and in the us the federal reserve has just announced its raising interest rates by 0.75. this is the use designed to curb inflation. to put that in context,
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it's the biggest single rise in almost 30 years. our north american business correspondent live with us in new york. what is the calculation here? i in new york. what is the calculation here? ., ., in new york. what is the calculation here? ~' ., , , here? i think the federal reserve is t in: to here? i think the federal reserve is trying to show— here? i think the federal reserve is trying to show that _ here? i think the federal reserve is trying to show that it _ here? i think the federal reserve is trying to show that it is _ here? i think the federal reserve is trying to show that it is getting - trying to show that it is getting tough on inflation. you've got this big move on one hand much bigger than we were expecting last week. the reason for that is simply that the most recent inflation data shows the most recent inflation data shows the picture is worse than expected. historically speaking, the fed funds rate which is the key benchmark interest rate here in the united states, as a result of today's move stands at around one and a half to i.75%. that's stands at around one and a half to i.75%. that's not historically very high. but the size of the move, what that does is signal to investors, to americans that it is serious about trying to bring down prices and trying to bring down prices and trying to bring down prices and trying to slow down the economy. the fear in all of this is that it goes
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too far and that you end up triggering a recession. explain to us wh a triggering a recession. explain to us why a recession _ triggering a recession. explain to us why a recession can _ triggering a recession. explain to us why a recession can be - triggering a recession. explain to i us why a recession can be triggered by a decision like this. the mechanism _ by a decision like this. the mechanism through - by a decision like this. tue: mechanism through which by a decision like this. tte: mechanism through which the by a decision like this. tt2 mechanism through which the fed is trying to effect inflation is by raising interest rates amongst the dues it's using, tighten monetary policy. and one way to that is by raising interest rates which increases the cost of borrowing, not just individuals but also for companies. that can affect decisions they make about where they invest their money, how many people they hire. the reason i mention that example of hiring is because at the moment, america'sjobs market is very hot, there are about two jobs for every american looking for work. that's one of the things they are trying to control. if you slowed things down by too much there is always the risk of unintended consequences. that's the worry, is that they go too far. the other
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problem you have is that the inflation data is lacking so that the policy actions they are taking todayis the policy actions they are taking today is at a time when the economy is already in some quarters showing signs that it is slowing down. we just had retail sales figures that were disappointing, showing that americans weren't spending as much as they had previously and where they were spending on things like gas prices, eating at restaurants, we know a lot of that has to do with the fact that it's we know a lot of that has to do with the fact that its higher prices they are having to pay them both those areas. they are having to pay them both those areas-— those areas. donald trump when he was president _ those areas. donald trump when he was president used _ those areas. donald trump when he was president used to _ those areas. donald trump when he was president used to offer - those areas. donald trump when he was president used to offer a - was president used to offer a running commentary on every decision around interest rates, how doesjoe biden approach at? around interest rates, how does joe biden approach at?— around interest rates, how does joe biden approach at? hayes repeatedly said he respects _ biden approach at? hayes repeatedly said he respects the _ biden approach at? hayes repeatedly said he respects the independence i biden approach at? hayes repeatedly said he respects the independence ofj said he respects the independence of the fed but it's a concern to him, it's hitting him in the polls and so you are seeing him talk more about inflation trying to figure out what the message will be because it is undoubtedly as ever as bill clinton famously said, it's the economy stupid and will hurt him in the polls insect timbre.—
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stupid and will hurt him in the polls insect timbre. thank you very much indeed- _ polls insect timbre. thank you very much indeed. -- _ polls insect timbre. thank you very much indeed. -- september. - polls insect timbre. thank you very much indeed. -- september. a. much indeed. —— september. a significant intervention by the federal reserve of the us, interest rates up by 0.75, the biggest hike for almost 30 years for that we will continue to bring reaction to that. will bring reaction to the fact that boris johnson's ethics will bring reaction to the fact that borisjohnson's ethics adviser has resigned for that we are talking about lord geidt. he said earlier in the week there was a legitimate questionable whether the prime minister had broken the ministerial laws over party a come over the prime minister receiving fines for employees for attending a illegal gathering in downing street. as you imagine, an awful lot of reaction coming in. the labour np has tweeted... —— labour np. the prime minister denies lying to anyone on this matter and there's no sign is going to resign. this is the daily
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mail editor who broke the original story she says... it's a reminder she says you tory mps... remember, the ministerthe house of commons parties subsequently not true but he always denies deliberately misleading parliament and he says he has been straightforward with everyone he's dealt with on this matter. the reactions will continue to come in, we haven't heard from borisjohnson or number return on this. as and when we did we will turn to it. as and when we did we will turn to it. staying in the uk — the government says preparations are already underway for a new flight to take asylum seekers to rwanda. a flight there was originally scheduled for last night.
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it was cancelled minutes before take off after a ruling by the european court of human rights — which is not connected to the eu. the policy — a one—way ticket for rwanda for some asylum seekers — has faced criticism. but the government insists it will deter illegal boat crossings. let's hear from the home secretary. we remain committed to this policy. these repeatedly legal powders two battles are very similar to what we've experienced with other removal flights. we believe we are fully compliant with our domestic and international obligations and preparations for our future flights and the next bytes of already begun. 0riginally, last night's plane was meant to have 130 people on board. but a series of legal challenges took that number down to seven. and then, in the run—up to the flight taking off, the european court of human rights stepped in. remember, it's separate from the eu.
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the uk remains bound by it — brexit didn't change that. it ruled that an iraqi man would face "a real risk of irreversible harm" if he remained on the flight. this is another cabinet minister — therese coffey — reacting to that. i think the government is surprised and disappointed by the ruling made last night, _ and disappointed by the ruling made last night, in my experience it's the quickest time i've ever known a charge _ the quickest time i've ever known a charge you — the quickest time i've ever known a charge you consider a particular case _ charge you consider a particular case. nevertheless, it had been through— case. nevertheless, it had been through british courts and that's why i_ through british courts and that's why i think that people will be surprised to learn that european judges _ surprised to learn that european judges are overturning bridges to back britishjudges judges are overturning bridges to back british judges decision. theres— back british judges decision. there's an element we need to go through— there's an element we need to go through that ruling and decide the next legal steps but also prepare the next — next legal steps but also prepare the next flight. next legal steps but also prepare the next flight. and this is how the opposition is responding — here's shadow foreign minister david lammy. even under their plans they are not proposing that everyone who comes across the english channel goes to
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rolando. i think the estimates are round about 20 to 30%. —— ro $1. it's like you to be a deterrent, it's not their work, it probably will be abandoned and will cause the uk taxpayer millions and millions and millions of pounds. —— rwanda. —— rwanda. so let's put this into context. recent bbc analysis found that more than 10,000 have crossed the english channel in small boats so far this year. this is the port of dover. we know that 444 people were rescued and brought ashore on tuesday. they had been attempting to cross the channel in small boats. that's the highest numberfor two months. and its expected to keep going up. which is why supporters of the rwanda scheme say it's needed. we need to keep sight of their reason — we need to keep sight of their reason the government are doing ms. , reason the government are doing ms. i , reason the government are doing ms. , i worked _ reason the government are doing ms. , i worked in — reason the government are doing ms. , i worked in the reason the government are doing ms. , iworked in the border for us reason the government are doing ms. , i worked in the border for us for a great _ , i worked in the border for us for a great many— , i worked in the border for us for a great many years and it's about controlling — a great many years and it's about controlling our borders and making that come —
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controlling our borders and making that come here are properly documented and entitled to come here _ documented and entitled to come here the — documented and entitled to come here. the migrant boat issue has been _ here. the migrant boat issue has been going — here. the migrant boat issue has been going on for three years now and report— been going on for three years now and report showed coming today, more will continue and we are faced with a very— will continue and we are faced with a very significant number now people who are _ a very significant number now people who are in _ a very significant number now people who are in france, which is signatory— who are in france, which is signatory to the 51 convention, it is a safe — signatory to the 51 convention, it is a safe country. they are not treated — is a safe country. they are not treated very well in calais, that's been _ treated very well in calais, that's been the — treated very well in calais, that's been the france, do nothing in persecution in france a rather come here _ helena wilkinson is at the port of dover — she's been watching some of today's arrivals. you can see behind us a jetty, that is where once the margaret's are brought off the border war was they are dead walked along that getti in small groups by officials and walk a bit further down to a building from we we are, that is the first area if you like and where they enter. they are taking on a bus a shortjourney to be processed. as they made their way past us with a women, children,
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most said their life jackets on. we are some of the migrants as they were passing us which country they come from and a number of them responded, some said they had come from afghanistan, egypt and albania and also iraq. and one of them did a peace sign as he walked by us and another did a thumbs up. a huge number already have arrived here today and despite all of that government initiatives, the weather plays a key role in determining how many migrants might make that crossing. today it's sunny, clear skies, very calm waters, not a huge amount of wind and that's why we are seeing the bigger numbers of migrants making that crossing from france here to dover. let’s migrants making that crossing from france here to dover.— france here to dover. let's work some of the _ france here to dover. let's work some of the concerns _ france here to dover. let's work some of the concerns around - france here to dover. let's work some of the concerns around his scheme. this is an international rescue committee which response to humanitarian crisis. this
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rescue committee which response to humanitarian crisis.— humanitarian crisis. this is a skin that's not only — humanitarian crisis. this is a skin that's not only inhumane - humanitarian crisis. this is a skin that's not only inhumane and - humanitarian crisis. this is a skin i that's not only inhumane and cruel but also very unlikely to succeed. i think it fails both the moral test but also the test of effectiveness. there are many different ways to deal with what is a global challenge of the growing number of refugees and asylum seekers without the government has chosen to go down the street but there are many other choices that they could have made which would import refugees and asylum—seekers through the same trauma that we are thinking they are going through and will be continuing to go through as this scheme hangs over them as a potential, something that might happen to them. fine over them as a potential, something that might happen to them.- that might happen to them. one of the front so — that might happen to them. one of the front so what's _ that might happen to them. one of the front so what's the _ that might happen to them. one of the front so what's the scheme - that might happen to them. one of the front so what's the scheme is l the front so what's the scheme is being criticises whether it's the front so what's the scheme is being criticises whether its legal or not. the refugee convention of 1951 as signs asylum—seekers to protection and allows asylum—seekers to seek any country they choose for
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the day rwanda policy is income paladez says they policy. we've been hearing from the un. tt breaches the international obligation for every country to allow in asylum—seekers to have their claim assessed on a speedy and fair system with in their country. where protection is being sought. when we see the united kingdom essentially avoiding that responsibility and shifting it across to another country, in this case a country 6000 km away in africa, that we believe is inconsistent with the obligations that the united kingdom led with the refugee convention just after the second world war. the refugee convention 'ust after the second world war. ., ., , second world war. the government has re eatedl second world war. the government has repeatedly read — second world war. the government has repeatedly read iterated, _ second world war. the government has repeatedly read iterated, insisting - repeatedly read iterated, insisting it is meeting all its international commitments. another element, allegations about rwanda's human rights record. the uk secretary says... a recent us state department
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report describes significant human rights issues in the country. those findings were echoed by the uk itself. in a speech in the un in january 2021 the uk raise concerns about continued restriction to civil and political rights and about continued restriction to civil and political rights and media freedom in rwanda. for its part rwanda denies allegations of human rights abuses. let's hear more from the disease and soy who is in its capital. the disease and soy who is in its caital. �* , the disease and soy who is in its caital. , ., , capital. asylum seekers were ex - ected capital. asylum seekers were expected here _ capital. asylum seekers were expected here this morning. | capital. asylum seekers were - expected here this morning. that was not to be. but the government here says it is undeterred it remains committed to the partnership with the uk, which was signed in april and they say that they were never the asylum—seekers whenever they are but will be an owl clear and the asylum—seekers are sent here they will be ready to take them in, to
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take them to their accommodation. we have been to see some of the accommodation that has been set aside for the asylum—seekers with up the first one, the home of people who were orphaned by the 1994 genocide until recently. it is ready, it has been refurbished, freshly painted and so the government says that as soon the asylum—seekers arrived here they will be set to look after them and process of their claims of asylum. the government spoke woman said they are being part of a solution. despite the public i cry in the uk, despite the huge debate in the international organisations that have criticised the decision of the uk to send asylum—seekers here to rwanda, the government here has defended its human rights record and says they are doing this for the
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right reasons. it is about changing perceptions for them as well because they are saying africa is notjust a place of problems, it is a place of solutions. t place of problems, it is a place of solutions. , . ~ place of problems, it is a place of solutions. , . ,, , ., solutions. i will be back with you in a coople _ solutions. i will be back with you in a coople of — solutions. i will be back with you in a couple of minutes' - solutions. i will be back with you in a couple of minutes' time. - solutions. i will be back with you i in a couple of minutes' time. hello. we've had 28 celsius in the centre of london today, that they need, it is going to get harder still in fact another couple of days at this intense heat means some areas could have a short—lived heatwave for that london by friday expected to get to 33 celsius and the heat expected to spread across many parts of england and wales but not for scotland and northern ireland for the pier it will stay quite cloudy, there will be rained around as we seen during the day today. that's because we've got these weather fronts in close proximity. something more active with this area of low pressure comes in on friday or thursday night to friday. through this evening we have rain, slashes across the north or west of a further south and east
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more evenings exhaustion followed by clear skies overnight, a little bit of shower or mist and fog in the river valleys. a fairly comfortable night out in the towns in city, seven or eight in rural spots. but as the temperatures get up by day they will also not dip as far by night. another hot day across southern and eastern areas of england, temperatures expected to get it to the high 20s again but more widely that warmth is spreading into the mid—20s for england and wales. quite warm where was he bright is east of the grantee ends but we will have our weatherford further north and west into its cheat time. as we seen today, the pollen levels will be very high and there are a majority of very high levels of uv. we are not too far away from the longest day after all now. as we go through thursday into friday that rain really starts to take hold across northern ireland, physically scotland. somewhat and increasingly whether dragging and
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some sea fog over the irish sea coast with a look at the temperatures by night, that's thursday nights temperatures. there is going to be in increasingly uncomfortable and increasingly muggy night for that by friday our weather front starts to push its way a little bit further southwards and wear that cool air is starting to push in and meet the warm air we get our issue. still on friday we've got that heat, as i say, probably peeking on friday and quite widely into the high 20s and the low 30s. but where those to do combined during friday night and into saturday, the likelihood is we will get some big storms and torrential downpours so do stay tuned.
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hello, i'm ros atkins. welcome to outside source. in the last hour, borisjohnson's ethics adviser has resigned. lord guyton has not given a reason for standing down but he told the commons may have broken the ministerial code —— lord geidt. another developing story is that the us federal reserve has pushed interest rates up by three quarters of a percentage point. that is the biggest rise in close to 40 years. it's designed to combat inflation. a number of individuals have been charged by the game of cricket's governing body following allegations of racism made by former player
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azeem rafiq. a reminder that the us federal reserve has just announced a reminder that the us federal reserve hasjust announced its raising its rates 5.75%. —— by .75. listen to the man who taken the decision. ., ., listen to the man who taken the decision. ., ,, , , decision. the market is extremely ti . ht and decision. the market is extremely tight and inflation _ decision. the market is extremely tight and inflation is _ decision. the market is extremely tight and inflation is much - decision. the market is extremely tight and inflation is much too - tight and inflation is much too high. against this backdrop, today the federal open market committee raised its policy interest rate by three quarters of a percentage point, and anticipates that ongoing increases in the rate will be appropriate. in addition, we are continuing the process of significantly reducing the size of our balances. i'll have more to say after briefly reviewing economic developments. 0verall, economic
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activity edged down in the first quarter as unusually sharp swings in exports more than offset continued strong underlying demand. indicators suggest that real gdp growth has picked up this quarter. with consumption spending remaining strong. in contrast, growth and business fixed investment appears to be slowing. activity in the housing sector looks to be softening, in part reflecting mortgage rates. the tightening that we've seen in recent months should continue to temper growth and help bring demand into better balance with supply. as shown in our summary, participants have marked down their predictions with the median projection for real gdp growth running below 2% through 2024. the labour market has remained extremely tight with the unemployment rate near 50 year low, job vacancies at historical highs,
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and wage growth elevated. 0ver job vacancies at historical highs, and wage growth elevated. over the past three months, employment rose by an average of 4008000 jobs per month, down from the year, but still robust. improvements in labour markets have been widespread, including for workers of the lower end of the wage distribution as well as for african—americans and hispanics. labour demand is very strong. laboursupplier hispanics. labour demand is very strong. labour supplier remains subdued with the participation rate little changed since january. easing the upward pressures on wages and prices. the medium production rises somewhat over the next few years, moving from 3.7% for .1% in 2024, levels that are noticeably above ——
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4.1%. inflation remains well above our longer run goal of 2%. total pce prices rose 63%, excluding the food and energy categories. core prices rose 4.9%. in the 12—month change came at above expectations. aggregate demand is strong, supply constraints have been larger and long lasting. price pressures have spread to a broad range of goods and services. the surge in prices that resulted from the russian invasion is boosting prices and creating additional upward pressure on inflation. in covid related lockdowns are exacerbating supply chain disruptions in china, likely. particularly for total pce inflation
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given developments in food and energy prices. the median production is 5.2% this year and falls to 2.6 next year. participants continue to see risks to inflation. the feds monetary policy actions are guided by our mandate to promote maximum employment and stable prices for american people. my colleagues and i are acutely aware that high inflation imposes significant hardships, especially on those least able to meet the higher cost of essentials like food, housing and transportation. we are highly attentive to the risks high inflation poses and we're strongly committed to returning inflation to our 2% objective. against the backdrop of the rapidly evolving economic environment, our policy has been adapting and will continue to do so. at today's meeting, the
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committee raised the fund by three quarters of a percentage point, resulting in a one and a half percentage point increase. the committee reiterated that it anticipates that ongoing increases in the target range will be appropriate. and we are continuing the process of significantly reducing the size of our balance sheet, which plays an important role in furthering the stance. there was a broad sense on the committee in may that a half percentage point in the increase should be considered at this meeting if economic conditions fell in line with expeditions. he also stated that we were highly attentive to inflation risks and that we would be nimble and responding to incoming data. then, inflation has surprised the outside, and some expectations have risen —— since then. in response to these
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developments, the committee decided that a larger increase in the target range was warranted at today's meeting. this continues our approach of expeditiously moving our policy to normal levels and will ensure longer—term expectations remain anchored. the median production is 3.4% at the end of this year. a percentage point and a half higher than project in march. median projection rises further to 3.8% by next year and declines to 3.4% in 2024. still above the medium longer run value. of course, these projections do not represent the committee plan. no one knows whether the —— where the economy will be a
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year from the —— where the economy will be a yearfrom now. we will look the —— where the economy will be a year from now. we will look for evidence that inflation is moving down, consistent with returning to 2%. we anticipate that ongoing increases will be appropriate. the face of the changes will continue to depend on the incoming data and the evolving outlook for the economy. clearly, today's 75 point increase is an unusually large one and i do not expect moves of this size to be common. from the perspective of today, either a 50 basis point or 75 increase is most likely. we will make decisions meeting by meeting. 0ur overarching focus is using our tools to bring inflation back down. to keep longer—term expeditions well anchored. making appropriate monetary policy requires a recognition that the economy often involves in unexpected ways. inflation has obviously surprised
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the upside over the last year. further surprises could be in store. we therefore will need to be nimble in responding to incoming data. we will strive to avoid adding uncertainty to what is already an extraordinarily challenging and uncertain time. we are highly attentive to inflation risks and determined to take the measures necessary to restore price stability. the american economy is very strong and well positioned to handle tighter monetary policy. to conclude, we understand that our actions affect communities, families and businesses across the country. everything we do is in service to our mission. we will do everything we can to achieve our maximum employment and price stability goals. thank you and i look forward to your questions.— to your questions. studio: let's bring _ to your questions. studio: let's bring in _ to your questions. studio: let's bring in a _ to your questions. studio: let's bring in a global- to your questions. studio: - let's bring in a global economist. let's bring in cailin birch,
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a global economist at the economist intelligence unit. we have the federal reserve making its case for this rise of 0.75. do you think it's convincing? t its case for this rise of 0.75. do you think it's convincing? i think it's you think it's convincing? i think its strong- _ you think it's convincing? i think its strong- joe _ you think it's convincing? i think it's strong. joe powell— you think it's convincing? i think it's strong. joe powell had - you think it's convincing? i think it's strong. joe powell had a - you think it's convincing? i think it's strong. joe powell had a lot| you think it's convincing? i think i it's strong. joe powell had a lot of its strong. joe powell had a lot of explaining to do today, as we heard from his comments. 0ne explaining to do today, as we heard from his comments. one thing is the size of the hike. highest and more than 30 years. the fed also changed its plans. there's typically a quiet period before fed meetings and it's extremely rare and a multi—decade event that they made a rake height that was larger than the one they had broadcast previously. there was quite a lot of explain to do. i think the inflation data from last friday and what is done to stockmarkets probablyjustify friday and what is done to stockmarkets probably justify that, but we'll have to see how the inflation progress plays out. you
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mentioned _ inflation progress plays out. you mentioned it _ inflation progress plays out. you mentioned it plays out in the coming months. lead me onto what i was going to ask you, which is how quickly will be see the impact of a shift this large?— shift this large? monetary policy icall shift this large? monetary policy typically takes — shift this large? monetary policy typically takes about _ shift this large? monetary policy typically takes about a _ shift this large? monetary policy typically takes about a year - shift this large? monetary policy typically takes about a year to i shift this large? monetary policy i typically takes about a year to have a real impact on growth, meaning that there'll less demand and that would help bring prices down. even under ideal circumstances, it's as thorough —— a slow correcting. i don't think we should look to see big moves in inflation or activity, and it's probably because it's been caused by something else if we do. but really, we're going to see a lot of movement up and down over the course of the next few months because monetary policy in this case is not operating in ideal conditions and a lot of price pressure is coming from outside the us economy.
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that means it's outside of the control of the fed. the fed has to act on us consumers, so they demand less and prices fall. that is a slow process. i would expect to see at least 6—12 months before seeing an impact. least 6-12 months before seeing an im act. �* , ., , ., impact. i'm interested that you hicchliht impact. i'm interested that you highlight factors _ impact. i'm interested that you highlight factors outside - impact. i'm interested that you highlight factors outside of - impact. i'm interested that you highlight factors outside of the | impact. i'm interested that you i highlight factors outside of the us be on the government or the federal reserve's controls. do you agree with the comments that the us is in reasonably good health? t with the comments that the us is in reasonably good health?— reasonably good health? i would auali it. reasonably good health? i would qualify it- i— reasonably good health? i would qualify it. i think _ reasonably good health? i would qualify it. i think generally - qualify it. i think generally speaking, we saw a q1 gdp. itjust showed there were still very strong import demand, and that's still bringing in goods from abroad. as well as logistical delays. that's the problem when making these kind of decisions, looking at backward facing data. some indicators i've
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seen have given me a little cause for concern. those are just... seen have given me a little cause for concern. those arejust... they don't include inflation. when we do have counter the impact, i think in may and june, we will see sales starting to weaken if not actually fall in real terms. that implies that higher cost of goods and services are starting to impact household spending plans. another important point that we should all keepin important point that we should all keep in mind is the fact that household wealth fell in the first quarter. it's certainly up enormously compared to pre—cove at times. that implies to me the stock market effect —— three covid times. —— pre—. signals are flashing ever to be. -- pre-. signals are flashing ever
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to be. ., , ., , ., to be. cailin, things are being are god auide to be. cailin, things are being are god guide on _ to be. cailin, things are being are god guide on this. _ to be. cailin, things are being are god guide on this. -- _ to be. cailin, things are being are god guide on this. -- our- to be. cailin, things are being are god guide on this. -- our guide. | two developing stories. the other is here in the uk because boris johnson's ethics adviser has resigned. a day after he told mps it was reasonable to suggest the prime minister may have breached the ministerial code after being fined for attending a party in number ten. in a statement, he wrote... we've also had a statement from the opposition party's deputy leader who says...
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let's bring in rob watson. good to have you here. what you make of this? hi have you here. what you make of this? . ., , ., ., ,, have you here. what you make of this? . ., i. ., ,, ., this? hi there. what you make of this. incredibly _ this? hi there. what you make of this. incredibly tough. _ this? hi there. what you make of this. incredibly tough. number. this? hi there. what you make of i this. incredibly tough. number one is that they are drawing the conclusion that lord geidt, one of the queen's most respected advisers for ten years, they are concluding that he found this less to his liking than the probity of his previous employer. but the other theory that's being advanced is that when he appeared before a committee of mps on monday or tuesday, he was accused by one of them of whitewashing the prime minister during the partygate allegations. i
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don't know whether he was stung by that. those of the two theories. he didn't like being criticised, but there may be other reasons. the pure olitics of there may be other reasons. the pure politics of this — there may be other reasons. the pure politics of this may _ there may be other reasons. the pure politics of this may not _ there may be other reasons. the pure politics of this may not match - there may be other reasons. the pure politics of this may not match how- politics of this may not match how this would play out for other political leaders because boris johnson has lost an adviser before. you're actually right. it'll divide opinion in the usual way, we are thinking, so that chunk of the electorate, there's something pretty dodgy about boris johnson saying yeah, dodgy about borisjohnson saying yeah, right, dodgy about boris johnson saying yeah, right, that's what we always thought. the other large chunk think that old boris... and may well shrug it off. it is a serious issue, to
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lose two standards advisers within one more parliament is pretty extraordinary —— one parliament. rob, thank you very much indeed. stay with me here. in a few minutes, we will talk about the world cup. we'll see some of this reaction. rising sea levels me nearly 2000 hundred thousand properties may have to be abandoned. shown picture has this welcome —— jonah for sure. december last year, about the middle of it, there were eight metres of road between here and the end there. i measured it yesterday, and we were down to three metres. the coast of happisburgh is eroding fast. bryony�*s bungalow was lost
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to the sea in 2013, but she has to the sea in 2013, but she's refused to admit defeat and has moved just 50 metres inland. you're still basically on the front line. lam. it's now the policy of the government and the district council not to build new sea defences here, much to briony�*s annoyance. much to bryony�*s annoyance. not everyone in happisburgh thinks the water should be fought. malcolm has spent the last two decades trying to save happisburgh, and has now come to the view that organised retreat is the best way forward. so you either commit to spending billions over an extended period, or you say, ok, in the light of what's coming with climate change and sea level rise, we will do a properly managed withdrawal and look after the people as we go. scientists predict a sea—level rise of about 30 centimetres by 2050 and possibly as much as a metre by the end of the century. that may not sound much, but it will bring with it flooding and waves that have increased energy
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and power, smashing into our shoreline, reshaping our coast. a new study published today says that by 2050, it may not be possible to defend as many as 200,000 english homes and businesses from the sea. tough decisions lie ahead. what should we protect, and what let go? 0ur lead story is that boris johnson's ethics adviser has resigned after telling a commons committee that the prime minister may have broken the ministerial code over those gatherings in downing street. let me update you on the
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situation in ukraine. we will focus on the eastern city of severo do it's almost completely under russian control. we note thousands of civilians are still tracked though —— trapped there. civilians are still tracked though -- trapped there.— civilians are still tracked though -- trapped there. they have been endurin: -- trapped there. they have been enduring so _ -- trapped there. they have been enduring so many _ -- trapped there. they have been enduring so many days _ -- trapped there. they have been enduring so many days of - -- trapped there. they have been | enduring so many days of constant barbed environment. —— bombardment. we do know that people are not having adequate access to water, for example. access to food and other basic necessities is needed for anyone in severodonetsk. we fear for the safety and the well—being of people that are trapped in severodonetsk now. ., , ., .,
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severodonetsk now. plans to evacuate civilians failed. _ severodonetsk now. plans to evacuate civilians failed. our _ severodonetsk now. plans to evacuate civilians failed. our correspondent - civilians failed. 0ur correspondent has more on that. the civilians failed. our correspondent has more on that.— civilians failed. our correspondent has more on that. the talk had been of some sort — has more on that. the talk had been of some sort of— has more on that. the talk had been of some sort of humanitarian - of some sort of humanitarian corridor~ _ of some sort of humanitarian corridor. that's a big factory in the centre _ corridor. that's a big factory in the centre of severodonetsk, where many _ the centre of severodonetsk, where many hundreds of civilians, including _ many hundreds of civilians, including 40 children, have been sheltering. it seems it hasn't worked _ sheltering. it seems it hasn't worked. this was a unilateral corridor~ _ worked. this was a unilateral corridor. the russians is that it would — corridor. the russians is that it would happen without any interruptions from the ukrainians. but there — interruptions from the ukrainians. but there is pretty much zero trust between _ but there is pretty much zero trust between both sides and many people have said _ between both sides and many people have said this would struggle to work _ have said this would struggle to work we — have said this would struggle to work. we understand the civilians are still— work. we understand the civilians are still there with real concerns about _ are still there with real concerns about their welfare.— are still there with real concerns about their welfare. let's look at wh it's about their welfare. let's look at why it's very important. - about their welfare. let's look at why it's very important. at - about their welfare. let's look at why it's very important. at the l about their welfare. let's look at l why it's very important. at the last city standing in the way of russia controlling the northern part of the donbas region. russia has been in control of some parts of the donbas since 2014. you can see where marked
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in yellow. now i want to take control of the whole of the donbas. —— now it wants to. president zelensky has been speaking about what those gains mean for ukraine. translation: we have our losses. unfortunately, and they— we have our losses. unfortunately, and they are — we have our losses. unfortunately, and they are painful, _ we have our losses. unfortunately, and they are painful, but— we have our losses. unfortunately, and they are painful, but we - we have our losses. unfortunately, and they are painful, but we need l we have our losses. unfortunately, l and they are painful, but we need to han- and they are painful, but we need to hang in_ and they are painful, but we need to hang in there — and they are painful, but we need to hang in there. this _ and they are painful, but we need to hang in there. this is _ and they are painful, but we need to hang in there. this is our— and they are painful, but we need to hang in there. this is our state. - hang in there. this is our state. hang _ hang in there. this is our state. hang in— hang in there. this is our state. hang in there. _ hang in there. this is our state. hang in there, it's _ hang in there. this is our state. hang in there, it's crucial. - hang in there. this is our state. hang in there, it's crucial. thei hang in there, it's crucial. the more — hang in there, it's crucial. the more they— hang in there, it's crucial. the more they lose _ hang in there, it's crucial. the more they lose there, - hang in there, it's crucial. the more they lose there, the - hang in there, it's crucial. the| more they lose there, the less strength— more they lose there, the less strength they _ more they lose there, the less strength they will— more they lose there, the less strength they will have - more they lose there, the less strength they will have to - more they lose there, the less - strength they will have to continue the aggression _ strength they will have to continue the aggression. donbas _ strength they will have to continue the aggression. donbas is - strength they will have to continue the aggression. donbas is the - strength they will have to continue the aggression. donbas is the keyl strength they will have to continue i the aggression. donbas is the key to deciding _ the aggression. donbas is the key to deciding who — the aggression. donbas is the key to deciding who will— the aggression. donbas is the key to deciding who will dominate - the aggression. donbas is the key to deciding who will dominate in - the aggression. donbas is the key to deciding who will dominate in the i deciding who will dominate in the coming _ deciding who will dominate in the coming weeks _ deciding who will dominate in the coming weeks. find _ deciding who will dominate in the coming weeks-— deciding who will dominate in the coming weeks. and it appears that vladimir putin — coming weeks. and it appears that vladimir putin agrees _ coming weeks. and it appears that vladimir putin agrees with - coming weeks. and it appears that i vladimir putin agrees with president zelensky on that. to control the donbas is key to the war. these are the tactics that his army is using. this is a few kilometres away from severodonetsk. this area has been completely bonded to the ground. this is one journalist to there. the this is one “ournalist to there. the situation this is one journalist to there. the situation is — this is one journalist to there. tt2 situation is quite dire because the footprint of the russian assault
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around severodonetsk is increasing. today, i managed to go a bit southeast of lysychansk and severodonetsk, it seems clear that the russian army is trying to create a pin sure that what allowed to go to the circle of severodonetsk and cut off the area. let's talk about the world cup because we know all 32 teams are going to be heading to the world cup. let me show you the celebrations in melbourne. this air live on breakfast tv cheering we're through! we're through! we're through the world cup!
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all cheering feeling a bit low—key after that. qatar's capital doha is hosting the world cup. as as you can see it's now displayed a series of official posters striking black and white images... this is at hamad international airport, created by a local artist — here she is explaining the significance of the traditional headwear. the poster is supposed to express the feeling about how people celebrate a win, sol the feeling about how people celebrate a win, so i wanted to show that in— celebrate a win, so i wanted to show that in kind — celebrate a win, so i wanted to show that in kind of an indirect way to represent — that in kind of an indirect way to represent us and the feelings of 'oy. represent us and the feelings of 'o . ., ., , ' :: represent us and the feelings of 'o. ., ., ,'ii joy. there are now 'ust 150 days to co. joy. there are now 'ust150 days to no. this joy. there are now 'ust150 days to go. this _ joy. there are now 'ust150 days to go. this is— joy. there are now 'ust150 days to go. this one is in — joy. there are nowjust150 days to go. this one is in november. -
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joy. there are nowjust150 days to go. this one is in november. in . go. this one is in november. in december, it will still be over 24 degrees on average. the reason that sin is —— the reason it then is the average temperature is 41 degrees. here's fifa president gianni infantino. we know the countries who qualified, congratulations. of course, welcome to the fans of the 32 countries. all over the world. we to the fans of the 32 countries. all over the world.— to the fans of the 32 countries. all over the world. we have the group sta . e first over the world. we have the group stage first and _ over the world. we have the group stage first and then _ over the world. we have the group stage first and then that _ over the world. we have the group stage first and then that leads - stage first and then that leads to the knockout in time. in terms of the knockout in time. in terms of the highest average ranking, that's group b, featuring england, iran, the us and wales. you can get the full rundown and everything else through the bbc sport app. bbc .com 's/ forward is where you'll find
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that. thanks forjoining us. hello. we had 28 celsius in the centre of london today, that's 82 fahrenheit. it's going to get hotter. another couple of days of this intense heat means some areas could have a short—lived heat wave.
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london expected to get to 33 celsius, and that he'd expected to spread across many parts of england and wales. —— that heat. it will stay quite cloudy with rain around as we've seen during the day today, and that's because we got these weather front in close proximity. through this evening, we do have rain across the north and west. further south and east, more evening sunshine. little bit of shallow mist and fog if you're up early enough, and still a fairly comfortable night. 7 or 8 in rural spots. as the temperatures get up by day, they'll also not dip as far by night. another hot day across southern and eastern areas of england. temperatures expected to get into the high 20s again, but more widely, that warmth is spreading into the mid—20s for england and wales. quite warm where we see some brightness.
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we will have our weather front further north and west, pushing more rain in towards teatime. as we've seen today, pollen levels will be very high again. i further north as well and some very high levels of uv. we're not too far away from the longest day after all. thursday into friday, the rain really starts to take hold of cross northern ireland, particularly scotland. wet and windy weather here dragging and some see fog. —— some sea fog. it will be an increasingly uncomfortable night. by friday, our weather front starts to push its way further southwards, and where that is to push it in and meet the warmer air, get our issue. on friday, we've got that heat probably peeking, and quite widely into the high 20s and the low 30s. but where those do combine during friday night
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and into saturday, the likelihood is we will get some big storms and torrential downpour is, so do stay tuned.
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this is bbc news. i'm lewis vaughan jones. the headlines at 8pm. borisjohnson's ethics adviser lord geidt resigns, saying there was a "legitimate question" over whether the pm had broken rules over partygate. next week's train strikes are expected to knock out half of britain's railway lines — with barely a fifth of trains running. the us central bank has raised interest rates by three quarters of a percentage point — its biggest rise in nearly three decades. a number of people have been charged by the england and wales cricket board following its investigation into allegations of racism at yorkshire county cricket club. ministers say they're planning a new flight of asylum seekers to rwanda after the first plane was grounded
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last night after legal action. and our shrinking coastline — a warning that rising sea levels

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