and down and life—saving treatment and others, that is accounted for. i’m others, that is accounted for. i'm sure we will _ others, that is accounted for. i'm sure we will hear— others, that is accounted for. i'm sure we will hear a lot more about that and journalists, looking ahead to what could happen. let's move on to what could happen. let's move on to the financial times, rachel. this bank of england letter, talk us through that.— bank of england letter, talk us through that. this is the bank of encland through that. this is the bank of england explaining _ through that. this is the bank of england explaining its _ through that. this is the bank of england explaining its reasoningj through that. this is the bank of. england explaining its reasoning for what happened last week. in the wake of the mini budget, which wasn't all that mini, essentially the uk's financial credibility was trashed on the international markets which made uk debt far less attractive than it had been, which meant people were trying to off—load it and sell it quickly, which could potentially have put uk pension funds at risk. not to be alarmist because i know digby will gets upset about that, but it could have triggered a new financial crisis. if you have these

financial crisis. if you have these financial institutions trying to off—load their assets at once, it sends the markets into a tailspin. the bank of england stepped in to buy these guilds and stabilise the market and they have been setting up their reasoning and explaining why they had to step in to do that. and also what the consequences might have been if they had the.- have been if they had the. digby, let's hear your — have been if they had the. digby, let's hear your thoughts. - have been if they had the. digby, let's hear your thoughts. i - have been if they had the. digby, let's hear your thoughts. i think | let's hear your thoughts. i think the bank of _ let's hear your thoughts. i think the bank of england _ let's hear your thoughts. i think the bank of england explaining | let's hear your thoughts. i think - the bank of england explaining why they have _ the bank of england explaining why they have stepped in now, which is absolutely — they have stepped in now, which is absolutely right, when they didn't step in_ absolutely right, when they didn't step in early enough with interest rate rises— step in early enough with interest rate rises to deal with the burgeoning threat of inflation ages a-o, burgeoning threat of inflation ages ago. is _ burgeoning threat of inflation ages ago, is pretty rich. the fed and america — ago, is pretty rich. the fed and america were stepping in with interest— america were stepping in with interest rises long before the bank of england move. i think the bank of england _ of england move. i think the bank of england are guilty of delaying and stepping in and putting up interest rates _ stepping in and putting up interest rates in _ stepping in and putting up interest rates. in terms of what happened with happened last friday with the bank of— with happened last friday with the bank of england intervention, they not only— bank of england intervention, they not only did absolutely the right thing. _ not only did absolutely the right thing. i— not only did absolutely the right thing, i think the explanation today is absolutely spot on. i don't think

that is_ is absolutely spot on. i don't think that is alarmist, i think it is factually— that is alarmist, i think it is factually accurate. rememberthis, factually accurate. remember this, once it _ factually accurate. rememberthis, once it started it was a self—fulfilling prophecy. pension funds_ self—fulfilling prophecy. pension funds have to keep so much liquidity. _ funds have to keep so much liquidity, they have to be able quickly— liquidity, they have to be able quickly to be able to match, always match _ quickly to be able to match, always match the — quickly to be able to match, always match the liabilities they faced to pay pensions. and although that sounds — pay pensions. and although that sounds like the blindingly obvious, it is actually the cause of all this because — it is actually the cause of all this because what then happened was, because _ because what then happened was, because as rachel said, there was a run on _ because as rachel said, there was a run on the _ because as rachel said, there was a run on the credibility of the country— run on the credibility of the country because various people were thinking, _ country because various people were thinking, i_ country because various people were thinking, i don't think i will buy anything — thinking, i don't think i will buy anything in britain, i will go and do it— anything in britain, i will go and do it in— anything in britain, i will go and do it in another country where their finance _ do it in another country where their finance ministers hasn't stood up and committed to a degree of economic— and committed to a degree of economic suicide. what happens? the level, _ economic suicide. what happens? the level. the _ economic suicide. what happens? the level, the confidence in people buying — level, the confidence in people buying it— level, the confidence in people buying it goes down and therefore the value — buying it goes down and therefore the value goes down and pension funds— the value goes down and pension funds have to have liquidity, so they— funds have to have liquidity, so they have — funds have to have liquidity, so they have to sell to get liquidity.

the moment of selling ordinary supply— the moment of selling ordinary supply and demand means the price .oes supply and demand means the price goes down — supply and demand means the price goes down again, said the price goes down _ goes down again, said the price goes down again — goes down again, said the price goes down again. the price goes down again— down again. the price goes down again and — down again. the price goes down again and they need to sell some of. it is again and they need to sell some of. it is a _ again and they need to sell some of. it is a vicious — again and they need to sell some of. it is a vicious circle in a straight line, _ it is a vicious circle in a straight line. if— it is a vicious circle in a straight line. if you _ it is a vicious circle in a straight line, if you like. the bank of england _ line, if you like. the bank of england stepped in and say i will be your bank— england stepped in and say i will be your bank of last resort, i am putting — your bank of last resort, i am putting a _ your bank of last resort, i am putting a flow on this, there is £65 billion, _ putting a flow on this, there is £65 billion, i_ putting a flow on this, there is £65 billion, i am — putting a flow on this, there is £65 billion, lam printing it and putting _ billion, lam printing it and putting it in. good thing, to put the flow— putting it in. good thing, to put the flow in, the market stabilised lry the flow in, the market stabilised by the _ the flow in, the market stabilised by the end of the day the dollar had weakened _ by the end of the day the dollar had weakened a bit and sterling had increased. the downside is, if you io increased. the downside is, if you go and _ increased. the downside is, if you go and print— increased. the downside is, if you go and print £65 billion of money, which _ go and print £65 billion of money, which is _ go and print £65 billion of money, which is what they did, it is of its own, _ which is what they did, it is of its own, inflationary. you are putting more _ own, inflationary. you are putting more money in the market and that money— more money in the market and that money will— more money in the market and that money will chase something and up .oes money will chase something and up goes the _ money will chase something and up goes the price. so it is inflationary of its own. short term, spot on _ inflationary of its own. short term, spot on but —

inflationary of its own. short term, spot on. but they have stored up a problem _ spot on. but they have stored up a problem for— spot on. but they have stored up a problem for the future.— problem for the future. thank you very much — problem for the future. thank you very much for— problem for the future. thank you very much for that. _ problem for the future. thank you very much for that. i _ problem for the future. thank you very much for that. i am - problem for the future. thank you very much for that. i am going - problem for the future. thank you very much for that. i am going to| very much for that. i am going to have to move on because we have a couple of more stories to take a quick look at. back to the front page of the guardian, again this legal challenge we are hearing of doreen lawrence, prince harry among the list of famous figures launching legal action against the publisher of the daily mail, rachel let's touch on this one briefly? this is extraordinary, _ touch on this one briefly? this is extraordinary, it _ touch on this one briefly? this is extraordinary, it has _ touch on this one briefly? this is extraordinary, it has the - touch on this one briefly? this is. extraordinary, it has the potential to be phone hacking mark too. i think eltonjohn is also on the list. it is a list of high—profile figures taking legal action against the male newspapers, the group that owns them, with a whole load of allegations that are really quite shocking. listening devices placed in private homes and private cars. people possibly impersonating medical professionals to get information, bribing police officers, getting hands on sensitive financial data through various means. it is worth saying the mail

has denied all of this in some of these accusations are quite old, many years old. but it really is quite extraordinary and has the potential i think to be as ironing as the original phone hacking scandal. ., ., scandal. let me expand on that, we do have a statement _ scandal. let me expand on that, we do have a statement from _ scandal. let me expand on that, we do have a statement from the - do have a statement from the associated newspaper saying, we utterly and unambiguously refute these preposterous smears which appear to be nothing more than a preplanned light to drag us into the phone hacking scandal with articles up phone hacking scandal with articles up to 30 years old. digby, what is your take on that briefly? the first 20 ears your take on that briefly? the first 20 years of _ your take on that briefly? the first 20 years of my — your take on that briefly? the first 20 years of my adult _ your take on that briefly? the first 20 years of my adult life _ your take on that briefly? the first 20 years of my adult life was - your take on that briefly? the first| 20 years of my adult life was spent as a lawyer~ — 20 years of my adult life was spent as a lawyer. even blame me for saying — as a lawyer. even blame me for saying on— as a lawyer. even blame me for saying on behalf of the bbc and behalf— saying on behalf of the bbc and behalf of rachel and myself, that the daily— behalf of rachel and myself, that the daily mail completely and

absolutely the bank it is an allegation and then accusation and is not _ allegation and then accusation and is not verified in any way shape, or form _ is not verified in any way shape, or form it— is not verified in any way shape, or form it is— is not verified in any way shape, or form. it is important to say that. what _ form. it is important to say that. what i _ form. it is important to say that. what i would like to see is the allegation in full. the front page of the _ allegation in full. the front page of the guardian, this is a newspaper review— of the guardian, this is a newspaper review remember. there is a touch of flamboyance — review remember. there is a touch of flamboyance about it, almost. about all the _ flamboyance about it, almost. about all the one _ flamboyance about it, almost. about all the one side, the problem, the accusation. — all the one side, the problem, the accusation, the names and the celebrity— accusation, the names and the celebrity names, that is what finds the front— celebrity names, that is what finds the front page of this newspaper and then it _ the front page of this newspaper and then it says go to page two. i don't know. _ then it says go to page two. i don't know. i_ then it says go to page two. i don't know. i have — then it says go to page two. i don't know, i have not seen page too but i thought— know, i have not seen page too but i thought on— know, i have not seen page too but i thought on the other side they would be the _ thought on the other side they would be the denial, they will be the statement from the mail, associated newspapers who own them. they will be some _ newspapers who own them. they will be some balance. i don't think any of us. _ be some balance. i don't think any of us. we — be some balance. i don't think any of us, we don't know enough about the subject— of us, we don't know enough about the subject of comment too much. gk, the sub'ect of comment too much. 0k, we will the subject of comment too much. 0k, we will be the subject of comment too much. (iii, we will be following the subject of comment too much. ii, we will be following that story. that is it for the papers this hour, rachel and digby will be back again

at 11.30. goodbye for now. hello, i'm hugh ferris. both wales and scotland have been their latest opponents tonight. a record crowd at the cardiff city stadium filled with fans eager to watch wales women shine. all willing them to take a step closer to the world cup. 1a,500 fans held their breath as wales did everything to score against bosnia—herzegovina. second chance. hits the post. wales couldn't have been closer. but it

didn't seem _ couldn't have been closer. but it didn't seem to _ couldn't have been closer. but it didn't seem to be _ couldn't have been closer. but it didn't seem to be their - couldn't have been closer. but it didn't seem to be their night. i couldn't have been closer. but it didn't seem to be their night. four times they had the ball in the net. ruled offside. how many times can this happen to wales. it ruled offside. how many times can this happen to wales.— this happen to wales. it took extra time for wales' _ this happen to wales. it took extra time for wales' star _ this happen to wales. it took extra time for wales' star strike - this happen to wales. it took extra time for wales' star strike if - this happen to wales. it took extra time for wales' star strike if jess . time for wales' star strike ifjess fishlock to do this. it time for wales' star strike if jess fishlock to do this.— fishlock to do this. it 'ust had to be. brilliant * fishlock to do this. it 'ust had to be. brilliant finish _ fishlock to do this. itjust had to be. brilliant finish from - fishlock to do this. itjust had to be. brilliant finish from the - be. brilliant finish from the brilliant, brilliant player. goal they the wait. that goal means they now travel to switzerland for an historic play—off final match. at a reigns so camden. scotland fans will what you 90 minutes point despite what you 90 minutes without a goal against austria. but in extra time abi in extra time substitute abi {eeeeee ., " into the too. t’e host republic of host republic of ireland. i host republic of ireland. jane ost the republic of ireland. jane dougal, bbc news.

sunday's 6—3 hammering by manchester city was labelled a reality check by the manager. 0ff city was labelled a reality check by the manager. off to cyprus for bit (are timed?“ . gaze. brie? the ” h it}. briejh theball ” . hhalf 21.2.1 bbieqjh the 521? ” hhéff ziiéfz. bbieqjh the 521? ” hhéff 3.71in no}; theball ” . half 3.71in we}; thehe 521? ” . half 3.71in we}; 1565555? ” for half an hour before the cypriot team struck. down at the break, team struck. 1—0 down at the break, marcus rashford was drafted in, with almost immediate effect. the substitution _ almost immediate effect. the substitution pays _ almost immediate effect. iie substitution pays off. almost immediate effect. the substitution pays off. the - e —ee — e ee eee ee the the success of first is anthon martial made it the first is anthony martial made it 2-1. the first is anthony martial made it 2—1. size around the united when marcus rashford added it 2—1. size around the united when marcus 32 hford added it 2—1. size around the united when marcus 32 and d added it 2—1. size around the united when marcus 32 and theyied it 2—1. size around the united when marcus 32 and they are it 2—1. size around the united when marcus 32 and they are second it 2—1. size around the united when marcus 32 and they are second in: finished 32 and they are second in the group. we finished 32 and they are second in the arou -. ~ ., the group. we dealt with the setback, the group. we dealt with the setback. we _ the group. we dealt with the setback, we came _ the group. we dealt with the setback, we came back- the group. we dealt with the setback, we came back and i the group. we dealt with the i setback, we came back and that the group. we dealt with the - setback, we came back and that is positive from the mentality. but you cannot compare this with the game on sunday. at cannot compare this with the game on sunda . �* ., , ., ., ~' sunday. at the emirates, it took arsenal 20 _ sunday. at the emirates, it took arsenal 20 minutes _ sunday. at the emirates, it took arsenal 20 minutes to _ sunday. at the emirates, it took arsenal 20 minutes to get - sunday. at the emirates, it took arsenal 20 minutes to get goingi

arsenal 20 minutes to get going against the norwegian champions. kieran tierney came close, but adding kettia was lurking. added �* before jesus around the defenders the area to complete a gun a victory. 7 is a victory. tim lumsden, bbc news. west ham's indifference in the premier league is not being replicated in europe. they beat david moyes saying his team are returning to the from saw them returning to the from that saw them qualify for the league in the last two seasons. hearts have sent after 7 hh sent after losing 7 hh sent after losing 30 7 hh sent afte saturday's 7 hh macro to fiorentino. saturday's fight between conor benn and chris eubankjr has been called off. it follows conor benn returning an adverse analytical finding for

adverse analytical finding for adverse amounts of a fertility drug. eubankjunior has said on social media "this should not have happened. he has escaped his schooling for now. there was a chance the fight could have gone ahead despite the british boxing board of control refusing to sanction it. and one of the promoters matchroom boxing are now considering legal action. i want to make it clear that conor benn is not suspended. we feel he has not been given due process like many others in this situation before him. i also want to clear up so many different reports from journalists and outlets that we have seen today about as being in the high court this afternoon, us considering other commissions. this is just not true. we took our time and we made a decision that we felt was in the best interests of the parties involved. british superbike rider chrissy rouse has died as a result of significant head injuries from a crash at donington park last sunday. the 26—year—old from newcastle crashed on the opening lap

of the race and was then struck by another rider. despite emergency surgery in hospital, he died this afternoon. rugby union's financially stricken worcester warriors will be relegated from the premiership at the end of the season. players and staff had their contracts terminated yesterday. their suspension has been confirmed till the end of the campaign when they will be relegated. and the british number one emma raducanu has pulled out of the translation open with a wrist injury. to reach the quarterfinals last year, but struggled with injuries in what is herfirst last year, but struggled with injuries in what is her first full year on the tour. she retired from her career open semifinal. and that's all the sport for now. hello there, it is a blustery end to

the working week. we have windy weather with plenty of showers on friday. even a longer spell of rain pushing southwards on a weather front which will be quite active. this will bring rumbles of thunder as it moves across england and wales and this next weather front as it moves across england and wales and thi showers ather front emir; as it moves across england and wales and thi showers to 1er front emir; as it moves across england and wales and thi showers to scotland ergo; as it moves across england and wales and thi showers to scotland and a; as it moves across england and wales and thi showers t we >tland and a; as it moves across england and wales and thi showers t we starti and a; as it moves across england and wales and thi showers t we start of 1d a; northern ireland. we start of generally fine southern areas, tiara showers and quite breezy. one or two showers and quite breezy. squally rain may be with thunder as it spreads its way south through the afternoon. cooler behind it with sunshine and showers but behind it, warm with 19 the evening rain from the and terms dry to central, south—east and terms dry to central, southern and eastern areas and further showers affecting the north and the west. all areas will be a bit fresher. into the weekend, a ridge of high pressure builds in for saturday, plenty of dry, sunny weather with light winds across the board. 0ne weather with light winds across the board. one or two showers in the far north and it turns wet and windy in the north and dry in the south on sunday.

welcome to newsday, reporting live from singapore, i'm monica miller. the headlines... a former policeman in thailand kills at least 38 people at a nursery school — most of them children. what could have driven this man to carry out such a cruel and desperate act? president biden pardons all americans convicted of marijuana possession under federal laws and urges state governors to follow his lead. russian missiles hit residential buildings in the ukrainian city of zaporizhzhia — the bbc�*s correspondent is there. and matilda the musical makes waves as it opens this year's london film festival.