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tv   BBC News  BBC News  October 15, 2022 12:00am-12:30am BST

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this is bbc news. i'm nancy kacungira with the latest headlines for viewers in the uk and around the world. out afterjust 38 days in thejob. kwasi kwarteng is fired as chancellor by prime minister liz truss. britain's pm announces another major u—turn on her economic plans — a rise in corporation tax will now go ahead. it is clear that parts of our mini budget went further and faster than markets were expecting, so the way we are delivering our mission right now has to change. we need to act now to reassure the markets former health secretary and leadership candidate, jeremy hunt, is now tasked with bringing the financial turmoil under control. also in the programme: iran's supreme leader warns no one can overturn
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the islamic republic, as protesters again take to the streets. and the actor robbie coltrane, who played hagrid in the harry potter films, has died aged 72. welcome and thank you. less than 2a hours after kwasi kwarteng insisted he was 100% safe in his job as uk chancellor, he has gone — sacked by liz truss after he flew back early from washington. in a day of political drama, the prime minister also reversed another of her key tax policies in an attempt to calm the financial markets. our political editor, chris mason reports. turning up for another u—turn,
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the prime minister invited reporters to downing street this afternoon and scrapped one of her key policies that she's championed for months. it is clear that parts of our mini budget went further and faster than markets were expecting, so the way we are delivering our mission right now has to change. i have therefore decided to keep the increase in corporation tax that was planned by the previous government. this will raise £18 billion per year. so, a tax policy ditched, and her chancellor, too. i met the former chancellor earlier today. i was incredibly sorry to lose him. he is a great friend, and he shares my vision to set this country on the path to growth. today, i have asked jeremy hunt to become the new chancellor. and one more thing — government spending will be cut
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compared to what was expected. our public sector will become more efficient, to deliver world—class services for the british people, and spending will grow less rapidly than previously planned. it never rains, but it pours. this was the now former chancellor kwasi kwarteng making an early dash home from a meeting of finance ministers in washington last night. a long—haul flight, followed by the sack is how his friday went. should the prime minister go next, mr kwarteng? hello, good afternoon. the formalities look like this. in his letter to the prime minister, he wrote... in reply, liz truss wrote that they share the same vision and...
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jeremy hunt is a former health secretary and foreign secretary, and has tried to become leader himself twice. now, he is the fourth chancellor of the exchequer sincejuly. politics has been on fast forward this autumn. it's five—and—a—half weeks since liz truss became prime minister. mr speaker, we are at - the beginning of a new era and as we contemplate... it's three weeks since the now former chancellor set out his planned tax cuts. and less than a fortnight since he ditched the cut for the best paid. i felt, and the prime minister felt, that this was just - a distraction on what is a very strong package. | and then, just yesterday, there was this. and you will be chancellor and liz truss will be prime minister this time next month? absolutely 100%. i'm not going anywhere. perhaps it's little wonder the conservatives' political rivals are sounding like this. another change in who is
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running the treasury, another tory chancellor isn't the answer to the challenges that we face as a country. the tories are out of ideas, they're out of time, it's time for a labour government. this is beyond a joke — it was never funny, but liz truss has already, through her own decisions, crashed the economy and heaped misery on people who were already struggling with the cost of living crisis. and even this former conservative chancellor reckons the government is incompetent. i do not think they can resolve the political damage _ that has been caused. the tory party has to be the party ofl competence in government. i'm afraid we've thrown away years and years i of painstaking work. so many questions for the prime minister, but she only asked four of us to ask one. chris mason. excuse the bluntness, prime minister, but given everything that has happened, what credibility do you have to continue governing?
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what i have done today is made sure that we have economic stability in this country. jeremy hunt as chancellor is somebody who shares my desire for a high—growth, low—tax economy. the questions from others were in a similar vein, and brutal. he has to go because of the fall—out from it, how come you get to stay? clearly, a difficult day — - can you explain to the public why you think you should remain as prime minister. _ will you apologise to your party? her answers were similar to the one i got, and then, that was it. thank you very much, everybody. and since that news conference this afternoon, let me share with you some of the reaction, in private come from conservative mps. "it was awful," says one. "i voted for liz. sadly, i think it hastens her demise," says another.
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"i can't see how she survives," and, "she has trashed our reputation." at the heart of the grumbles, a sense of hypocrisy and inconsistency. hypocrisy because she's got rid of her chancellor, but she's staying on. inconsistency because she's got rid of some of her ideas and she's still staying on. the prime minister may have a new chancellor this evening, but she, he, confront many of the same problems, and herjob is still farfrom secure. chris mason, bbc news, at westminster. so, the prime minister says she still wants to achieve a "low—tax, high—wage, high—growth economy", but she has accepted that her mini budget went faster and further than many had expected. that prompted turmoil on the financial markets. our business editor, simonjack, has been analysing the numbers. the sequence of events that led
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to the chancellor's sacking and another huge u—turn on tax policy started on september 23rd, when kwasi kwarteng delivered his not—so—mini budget that contained huge tax cuts, with no real detail on how they would be paid for, and no analysis from the budget watchdog on whether the numbers could add up. in total, it announced £45 billion in cuts — then came the u—turns. abolishing the 45p tax rate for high earners — scrapped — saving £2 billion. proceeding with a big rise in corporation tax they had planned to scrap — saving £18 billion. that still leaves 25 billion of that 45 billion unfunded. and bringing forward the independent budget watchdog report from late november to late october. this is how the financial markets have responded. this shows how much it cost the government to borrow money for the long term, this is the announcement here on the 23rd november of the mini budget. interest rates soared.
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this is when the bank of england had to intervene to calm the markets. that intervention ends today. and this is the reaction to the government u—turn on corporation tax. this is the reaction to the government you turn on cooperation tax and tonight, borrowing costs are higher than they were last night. business had been promised a whole new approach, now they're going to rise to 25% is the last chancellor plan. so, how do they feel about that? i've been talking to businesses up and down the country in the last few days and today, and they're pretty clear that the first step before they even begin to start investing again is that we have stability in the markets. now, once that's there, we will, as a country, have to get back to a discussion about what are the tax policies, what are the regulation policies, what are the immigration policies that will get
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the country moving again? and remember, government borrowing costs affect all borrowing costs, including mortgages. this time last year, a typical £200,000 mortgage would have cost around 2%. today, that is closer to 6%, meaning an extra £600 a month in mortgage costs. 1.7 million people see theirfixed deals end in the next 12 months, and it'sjeopardising some people's dreams of buying their first home. simonjack. in other news: iran's supreme leader, ayatollah ali khamenei, has said that no one should dare think they can overturn the islamic republic, as anti—government protests enter a fifth week. in the us, president biden has reiterated his support for the demonstrations. he called on iran's leaders to end the violence against their own citizens and added that women should be able to wear what they wanted. lyse doucet reports.
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brandishing headscarves, burning them can get you arrested. hundreds have been detained. this may seem so ordinary, but even walking without compulsory hijab can have consequences. dounir, in a white shirt eating breakfast, went to prison after she posted this photo. across iran over the past month, there have been unprecedented scenes like this. and this, too. schoolgirls ripping photos of iran's leaders. this defiance spread across society, across generations, on wider issues. and security forces have shot back, with tear gas, metal pellets, live fire. 0ne protester who, like most,
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hides her identity, told us it's no longer just about hijab. they don't want islamic republic with all of the violence it's giving. things that they have done politically to us, economically to us, and what they are showing as the face of iranians to the world, and this is what we do not want. power resides here in the islamic republic. the supreme leader, 83—year—old ayatollah khomeini, has said little, but he's blaming the west. translation: these | recent matters are not home—grown and spontaneous. it's possible that the enemy used some pretext to pursue their agenda using provocative propaganda. those who back the government deny the islamic republic is at risk or even rattled. there are very few protests, the country is quiet. - we see them every day, professor. that's factually incorrect. the united states and its.
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allies try to undermine iran in every possible way. iran is more open than any of the, any of the i countries in this region. what we see says that these protests aren't dying down, and the government isn't backing down. mahsa amini! in london, a vigil to mark a month of defiance, to remember 22—year—old mahsa amini. her death sparked this movement. say her name, say her name! protests like this have been happening in cities across the world over the past month. what's happening now in iran, what happens next matters in many places, but the course of events inside iran will be decided there. a young generation rises against an old clerical order. it's hard to say how and when this will end. for now, it's moving in ways iran hasn't seen before.
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lyse doucet, bbc news. stay with us on bbc news. still to come: the dutch princess forced to leave her student home over fears for her safety. parts of san francisco least affected by the earthquake are returning to life, but in the marina area where most of the damage was done, they're more conscious than ever of how much has been destroyed. in the 19 years since he was last here, he's gone from being a little—known revolutionary to an experienced and successful diplomatic operator. it was a 20—lb bomb which exploded on the fifth floor of the grand hotel, ripping a hole in the front of the building. this government will not weaken. | democracy will prevail. it fills me with humility and gratitude to know that i have been chosen
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as the recipient of this foremost honour. this catholic nation held its breath for the men they called the 33. and then... bells toll. ..bells tolled nationwide to announce the first rescue, and chile let out an almighty roar. this is bbc news. our latest headlines. britain's prime minister has announced another u—turn in her government's tax—cut plan in an effort to reassure financial markets. it comes after liz truss sacked her chancellor and replaced him with former health secretaryjeremy hunt. sir roger gale is a veteran conservative mp. he told me he was still coming to terms with the days events. i don't think anybody could deny that it's been an extraordinary day.
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i've been in the house for getting on for a0 years and i can't recall anything like it. unprecedented events we've seen, that she didn't seem able to answer and that was why she should continue in government when she was sacking her chancellor. and we heard earlier on this programme from sir malcolm rifkind, who said that she just didn't answer that question about why kwasi kwarteng should go and she should stay when they had developed these policies together. what's your response to that? more to the point, she didn't answer the question that wasn't asked. none of the four journalists who were questioning her asked her why she'd sacked the chancellor in terms. now, given that she said they are in lockstep, that they are pursuing the same policies, that they are going for growth, that that is what she wants to pursue.
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and the fact that she and her chancellor presented the budget effectively together, signed off, as i understand it, by the prime minister, who is of course also first lord of the treasury. given all that, it's hard to understand why she sacked kwasi kwarteng. well, why do you think she sacked him? well, i think brutally and cruelly, prime ministers sometimes have a tendency to fight to the last drop of somebody else's blood. but that said, i think that the appointment ofjeremy hunt, who was secretary of state for health, is not the easiest job, for a very long time, was foreign secretary, is a self—made businessman who understands economics and understands the city and understands business and is also probably one of the most mild mannered and courteous members of the house.
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i think that appointment may prove to be a stroke of genius. if anybody can turn this round, i would suggest that jeremy possibly can. and would that be enough, do you think, to allow liz truss to stay, to remain prime minister? the red cross in nigeria says extensive flooding could soon be followed by outbreaks of disease. 1.4 million people have been displaced by the floods. the state of kogi in central nigeria is one of the worst affected. 0ur west africa correspondent mayeni jones is in its capital lokoja. a neighborhood submerged. nigeria is facing disaster — hundreds dead, the worst flooding for a decade. for the past three weeks, this has been the only way some of the people here have been able to get into their houses. this civil servant moved here a decade ago with her husband, who passed away during the pandemic. she now takes care of her four children on her own.
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you're doing very well. yes. take your time. when you think about the future and more flooding coming, how does it make you feel? that is, my dear, is coming out. how do i get money to review this house? i viewed this house with my husband and he's no more. kogi is where two of nigeria's major rivers, the river niger and a river benue meet. and for that reason, neighborhoods like these get flooded every single year. people have to use canoes to go through neighborhoods where you used to be able to walk. and many of the residents of this neighborhood say they haven't been able to go anywhere else and they simply can't afford to move. one of the factors why it is worse, people continue to build in water plain areas. despite the warning immediately after the flood recedes,
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people goes back to the same place again and they continue to block water channels. seasonal flooding in africa's most populous country has many many causes, including poor infrastructure and urban planning. but many people believe climate change is also making things dramatically worse. many communities are short of food and fuel. with more rain expected over the coming weeks, the situation in kogi state remains precarious. mayenijones, bbc news, lokoja. the king and queen of the netherlands have revealed their 18—year—old daughter can no longer move around freely outside, due to the possibility of an attack or kidnapping. princess amalia has moved out of her student accommodation in amsterdam and has returned home to the hague. anna holligan reports from the hague. just like any other fresher — princess amalia on herfirst day of university in amsterdam. the 18—year—old heir to the dutch throne had hoped to enjoy a relatively normal student life.
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but her parents revealed the security threat has had a drastic impact. translation: that means that she doesn't live - in amsterdam and that she can't really go outside. those consequences are very difficult for her. so, it's not a student life for her like other students have. i'm really proud of her, how she keeps up with all of this, i must say. and the reporter asks the king, what does it do to you as a father? translation: i cannot describe that. - it's really very difficult. and what does it do - to your mother's heart? translation: as you can see, it makes me a bit - emotional, of course. it's not nice to see your child not happy. when asked whether amalia could continue studying, queen maxima managed tojoke the limitations may even have a positive impact on her academic results. translation: she can go
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to college, but that's - it for the moment. so, maybe she can get really good grades now. princess amalia and the dutch prime minister, mark rutte, are understood to have appeared in organised crime communications discovered last month, which indicated they may become a target of an attack or kidnapping. the king and queen say the crown princess amalia can no longer go outside. how is this possible? translation: that is, | of course, terrible news. also very intense, those messages that have come out about it — primarily for herself, of course. i should add that i can't say anything about threats or security measures. i can assure you that everyone involved in this is doing their utmost to ensure that she is safe. in a nation where even the most high—profile royals and politicians can usually move around freely, these measures suggest that cherished freedom is under threat. anna holligan, bbc
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news, in the hague. the actor robbie coltrane has died at the age of 72. he will probably be best remembered for his role as hagrid in the harry potter films, as well as a couple of appearances in the james bond franchise. our correspondent david sillito looks back at his life and career. oh, hello. sorry, don't wish to be rude, but i'm in no fit state to entertain today. ain't no one going to get past fluffy... hagrid in harry potter. big, gruff, fond of a drink, but blessed with a good heart. jk rowling said only one man could play him — robbie coltrane. well, i knew that she wanted me to play hagrid the film, and then i heard that she actually imagined me as hagrid. but, you know, women imagine me all the time, you know!
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in her tribute, jk rowling said... sorry, guvnor. apples and pears, tit—for—tat, i love london town... and it was comedy in the �*80s where he made his name. i went into the video shop yesterday, you know. among those he worked alongside, stephen fry, who said... come back here, dammit! and you could see it all in a drama like tutti frutti... don't get the stripey stuff, it stings my gums. ..and his best work, cracker. i think i owe you an explanation. think again. an apology. you owe me nothing. my life's a bit of a mess... i had a wonderful time, fitz. the gifted but troubled criminal psychologist fitz. he won a bafta three years running for this clever, hard—drinking character.
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some questions are so obvious that nobody ever bothers to ask them. there were a few parallels of his own carefully guarded private life. this is our only chance to go straight! the killer's not on the dole, you're not up and about at 7:30 if you're unemployed, right? i terminated my uninterrupted categorisation... robbie coltrane — fierce, clever, funny, vulnerable. it's what made him so compelling. the actor robbie coltrane who has died at the age of 72. before we go, a reminder of our top story. less tha n less than 2a hours after kwasi kwarteng existed that he was on hundred percent safe in his job, he has now gone, sacked by liz truss. all those
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developments here for you on bbc news. thanks for your company hello. most of the weekend's showers will come on saturday, there will be some heavy downpours around, a blustery day, too. by sunday, it's a different story — it's looking drier. we are in between weather systems by then. low pressure very much in control for saturdayjust to the north of scotland, bands of showers swinging around. before that pulls away on sunday, there's the gap we find ourselves in, this next system coming in towards the south and west later in the day. after a cold night in scotland, we'll start saturday with some rain in the west, having gone through northern ireland overnight. rain across northwest england, wales, too. all of these heavy downpours sweet eastwards during the day, some reaching east anglia and the southeast later in the afternoon. after some showers in the morning have clear cleared away, then a few hours of fine weather.
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once you clear through the heavy and thundery downpours, further scattered showers arrive into the afternoon, particularly across the north and west of the uk. getting windier — gales through the irish sea in adjacent coasts. a cold—feeling day in scotland when you get the showers and wind — there may be some snow through the highest ground out of these. as we go on into saturday night, you can see all these showers becoming mainly confined to northern areas where it stays quite windy. it does mean a milder night and, going into sunday morning in scotland, it does mean a touch colder the further south you are, where you've become mainly dry with clear spells. so, on sunday, still blustery and showery, especially in scotland first thing, but here's the gap many of us find ourselves in during sunday with fine weather to come. here's the next weather system moving in — some uncertainty about timing, but towards southern england, parts of wales, especially northern ireland going on through sunday evening, it will be turning wetter by then. and after a brief lull in the wind, the winds will pick up again as this system moves in. so, here it is, it sweeps its wet weather north and east overnight and into monday
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morning and, still on monday, early rain clearing away from the far southeast, but further heavy downpours to come in scotland, especially north and west. showers for northern ireland, northern england, perhaps north wales, too. northern areas staying windiest on monday, whereas for much of england and wales and especially the further south you are, it is looking like another spell of fine weather after some overnight rain. and after that, largely fine on tuesday, then another weather system coming in towards the southwest later in the week with a lot of uncertainty about how quickly it will move any wetter weather northwards.
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this is bbc news — the headlines. britain's prime minister has abandoned another key tax—cutting proposal. liz truss says a rise in corporation tax will now go ahead. the decision has failed to immediately reassure financial markets. the pound sterling dropped against the dollar — and interest rates on long—term uk government bonds have risen again. it follows her earlier decision to sack her chancellor — kwasi kwarteng. he was recalled from washington to be replaced by the more centristjeremy hunt — britain's fourth chancellor in a year. the labour party said the government was "in meltdown" and it was time for a general election. iran's supreme leader ayatollah ali khamenei has said that no one should dare think they can overturn the islamic republic — as anti—government protests enter a fifth week.

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