have been [m [m known to have died, the have been known to have died, the true number could be more than 20,000. and the uk opposition leader is seeking a deal with the eu's law enforcement agency on tackling people—smugglers if his party wins power. back in britain and arrested on suspicion of murder — detectives are questioning three relatives of ten—year—old sara sharif. europe raises its cost of borrowing for the tenth time in a row, hitting a record high of 1r%. time for a look at the business news now. the european central bank has just made its latest move in the battle to tame rising prices, raising the cost of borrowing for the tenth time in a row, pushing the basic rate of interest up by a quarter of a percentage point to 1r%.

that's the highest since the launch of the euro more than 20 years ago. and it's worth putting into context that as recently as last year, eurozone interest rates were negative. the reason is that inflation is proving harder than expected to control. for the 20 countries using the euro, inflation was 5.3% in august — that's half the 10.6% that it was a year ago. but as the ecb says today, it is still expected to remain too high for too long. earlier we got the view from the economist katharine neiss, she explained the background to this latest move. the ecb told us today through their actions they are still concerned with inflation being too high. i think in particular they are concerned that underlying inflation could become embedded in the euro area economy, making it harder for policymakers to get inflation back to their 2% target.

widely perceived this could be the lasting increase, we heard from the bank's president that there was, the decision was not unanimous, there were dissenters. to underline the difficulties facing the bank, they have revised their forecasts for next year, saying growth will be lower—than—expected and inflation remaining higher. this crisis is proving harder than many expected to bring under control. it is a toxic mix for a policymaker to be revising down on economic activity and up on inflation. the silver lining is the ecb did revise down on underlying inflation as well. their forecast projections do put inflation very close, a hairs breadth above their 2% target in 2025. the good news here is this is a signal, i would take this as a signal from the ecb that they are

done in terms of raising interest rates further, because although, as you said, inflation is still uncomfortably high in the eurozone, i think they are seeing signs of easing in the euro area economy. the bank of england, us federal reserve also making decisions next week, any indication of what to expect? i would expect the bank of england, like the ecb, to raise interest rates further like the eurozone, we're also seeing underlying inflation remaining uncomfortably high. the situation if anything in the uk is a bit magnified, wage growth is no longer accelerating but it remains rates that are far too high to be consistent with the 2% inflation target. i think we are looking at another rise in interest rates here in the uk, but like in the ecb, i suspect we're getting close to the end in terms of high interest rates.

that is the good news. let's go to new york now where the british microchip designer arm has made its stock market debut. the flotation of arm is the biggest stock market listing in almost two years, valuing the company at more than $54 billion. arm says its chip designs are used by more than two thirds of the world's population. 0ur north america business correspondent erin delmore is in new york for us. with ipos, trading in new shares takes a while to get going. this ipo ten times oversubscribed, any indication yet in which way they'll go after their debut? it points to the demand and

strength, and if the excitement around what so far is the year's biggest ipo. and in the biggest headline making event we have seen in a couple of years. with noting that when the shares were priced yesterday at $51 that was the high—end of the range, yet indicators this morning that we could see shares trade around $57, even higher, which would have a big impact, especially well be watched notjust how impact, especially well be watched not just how arm impact, especially well be watched notjust how arm performs about what the impact is on the ipo market as a whole. blockbuster performance could bode well for companies that are looking to get in and go public, either within the next week or this year, or early next year. it is also a test of how arm is positioning itself. with noting the british tip designer is a 99% of smartphones, obviously an enormous market share. the question is how it fares with the advent of ai, can it push into that space? really hitting the central question of whether arm's

best growth days are behind it all to come. we've also had some economic data from the us with retails sales climbing by 0.6% in august, much higher than expected. what does that say about the state of the world's biggest economy? it speaks to the strength and resilience of the us economy. this report on retail sales comes out today in tandem with the report yesterday on the consumer price index, people still spending. spending is still coming in and areas besides gas, we saw prices p°pped areas besides gas, we saw prices poppedin areas besides gas, we saw prices popped in august, people are spending more at the pump part also spending more at the pump part also spending a lot on electronics. more at car dealerships, and more on clothing. it is back to school season, time when people tended to hit the stores. we're waiting to see that can be sustained with the gas prices and with noting that when

student loan payments resume in the us in october, that will take about a family's' budgets. these are all the indications being watched, as the indications being watched, as the federal reserve is set to meet next week, and we will see. to singapore now, where the city streets will be taken over once again this weekend by formula one cars as it hosts the grand prix night race for the 14th year. the floodlit event's carbon footprint is huge. 0rganisers have pledged to halve energy emissions by 2028 as the sport pushes to achieve net zero by 2030. but as katie silver reports, they are miles away from that goal. music plays. track—side, this year the bright lights are a little bit brighter. not the traditional metal bulbs but led

which organisers say reduce energy consumption by about a third. less power, the light will last ten times more. quite an interesting and big operation because we are working for three and a half months before the race. the installation process is quite massive. in just a few days, the world's best drivers will be here in singapore, racing down these streets under these led lights. the lights may be a step in the right direction, the question is whether a sport that is based on fast cars, plenty of petrol and flying all over the world can ever be truly sustainable. we have to look across our entire sport, from the cars on the track, which are actually less than 1% of the carbon footprint, all the way to the travel logistics of how we get to these great events. when you look at our cars, they are already the most

sustainable fuel in 2026. last year singapore's grand prix emitted a whopping 2300 tonnes of carbon dioxide — it has pledged to halve energy emissions over the next five years. increasing the use of reusable energy, solar panels that have been installed onto the pitch building, as well as increasing the use of biofuels in our generators which power the circuit. one of the major criticisms when it comes to formula 1 and sustainability is the race schedule, and at times how geographically nonsensical it is. it starts in the middle east before dashing to australia, azerbaijan, miami, then monaco for the start of the season in europe. this gets interrupted by a date in canada, 6000 kilometres away, only for the drivers to go back again to europe. then it is off to asia, singapore and japan, before a stop in the middle east, then the us, south america, back to the us to las vegas, before the final in abu dhabi.

back to the middle east, which you might remember, is where it all began. it is something formula 1's sustainability head says they are already tweaking. that is the real challenge we have as a world championship, two thirds of our carbon footprint is travel logistics. that is something we will be delivering against from now until 2030. supporters of formula 1 say it could help drive technology to make fuel more sustainable, but the finish line is still a long way off. handsome! 0h, he would like to know that, janet! handsome! 0h, he would like to know that, janet! , ., handsome! 0h, he would like to know that, janet! g . u, handsome! 0h, he would like to know that, janet! g . , ~ that, janet! here, janet can stock u . that, janet! here, janet can stock u- on as that, janet! here, janet can stock up on as much — that, janet! here, janet can stock up on as much cleavage - that, janet! here, janet can stock up on as much cleavage richard l

up on as much cleavage richard memorabilia she likes. we up on as much cleavage richard memorabilia she likes.- up on as much cleavage richard memorabilia she likes. we will have to write here _ memorabilia she likes. we will have to write here to _ memorabilia she likes. we will have to write here to him, _ memorabilia she likes. we will have to write here to him, see _ memorabilia she likes. we will have to write here to him, see if- memorabilia she likes. we will have to write here to him, see if you - memorabilia she likes. we will have to write here to him, see if you can| to write here to him, see if you can come and visit.— come and visit. this shop sells everything _ come and visit. this shop sells everything from _ come and visit. this shop sells everything from jewellery - come and visit. this shop sells everything from jewellery and | come and visit. this shop sells - everything from jewellery and bags to hats and antiques and has been specially curated to tap into the interests of the people who live here. i interests of the people who live here. ., . interests of the people who live here-_ the _ interests of the people who live here._ the concept l interests of the people who live | here._ the concept of here. i love that. the concept of the shon is _ here. i love that. the concept of the shon is to — here. i love that. the concept of the shop is to encourage - the shop is to encourage independence and staying active to make the experience as authentic as possible with the customers are given replica money to spend. this is our given replica money to spend. this is your change- _ given replica money to spend. this is your change. sometimes - given replica money to spend. this is your change. sometimes in - is your change. sometimes in dementia _ is your change. sometimes in dementia you _ is your change. sometimes in dementia you can _ is your change. sometimes in dementia you can ipad - is your change. sometimes in dementia you can ipad days l is your change. sometimes in i dementia you can ipad days and is your change. sometimes in - dementia you can ipad days and when a family— dementia you can ipad days and when a family come in they really struggle _ a family come in they really struggle sometimes to make conversation and don't know what to do, conversation and don't know what to do. so _ conversation and don't know what to do. so now_ conversation and don't know what to do, so now they can talk and it is heart—warming and makes that visit jum— heart—warming and makes that visit jusco more — heart—warming and makes that visit jusco more smoothly. —— that visit 'ust jusco more smoothly. —— that visit just go— jusco more smoothly. —— that visit just go much— jusco more smoothly. —— that visit just go much more smoothly. here in the uk , the government says it's

updated its approach to china — to take account of criticisms, contained in a report by the intelligence and security committee. the report was highly critical, saying the government had failed to develop a coherent strategy to deal with the national security risks emanating from china. it emerged on the weekend that a parliamentary researcher, was one of two people arrested earlier this year, accused of spying for china. 0ur security correspondent gordon corera is in the newsroom with an assessment of the government's response. it is highly critical this report, basically saying the uk had been slow to develop a china strategy and hadn't really taken account of the risks, whether they were to universities, companies or the government itself. as you said, this response comes just days after it was alleged that a parliamentary researcher might have been spying for china. that researcher has denied that they were involved. it has raised in the heat on the subject. what you have from the

government in its report and response was effectively saying, we are doing things, we have been engaged in updating our legislation, we're taking into account in these things. there are specific references to attempts by china to actively recruit current and former government officials, added that there is work going on to try and prevent that, whether it is overtly, to give them jobs perhaps after they leave government, or covertly, to try and engage them as spies. clearly the government also acknowledges more work needs to be done. of a row with the committee chair, the government is basically saying, we are doing lots of things, don't worry, this report may be critical but we have this in hand. and it implies that the report might be somewhat out of date because it took everyday few years ago. the chair of the chair of the intelligence and security committee responded today in a statement saying that the report was kept up—to—date just before it was

released, with government policy, it said it wasn't hard to keep it up—to—date because policy was evolving at what he calls a glacial pace. you get a sense of this tussle between government and its critics, including the intelligence and committee, about whether it is doing enough on china and in doing it fast enough. the un's sustainable development goals are a series of 17 targets agreed by world leaders in 2015 to end poverty, protect the planet and ensure prosperity for all. the target date is 2030, but so far, only 15% of the goals are on track to be met. now the filmmaker richard curtis — famous for love actually and notting hill — has recreated a famous scene from the film, any given sunday, to warn governments about their need to redouble their efforts. in the original film, al pacino gives what curtis calls the "greatest half—time talk",

and he'll release it as world leaders gather at the united nations general assembly in a few day's time. this is al pacino. the world has an epic plan called the global goals. and it is half—time. i don't know what to say, really. either we heal as a team, or we are going to crumble. live now to los angeles to speak to film—maker and sustainable development goals advocate richard curtis. welcome to the programme. great idea, we playjust a short clip. tell me how you decided on it. just a speech i tended to watch _ you decided on it. just a speech i tended to watch when _ you decided on it. just a speech i tended to watch when i - you decided on it. just a speech i tended to watch when i need - you decided on it. just a speech i - tended to watch when i need cheering up tended to watch when i need cheering up and determination. i think it was kicked off by the fact that that

speech starts with al pacino saying, we are in hell now, gentlemen. and it secretary general said we are on the highway to climate hell without. the accelerator. and because we are halfway through and that film is about being halfway through a football season, ijust about being halfway through a football season, i just thought about being halfway through a football season, ijust thought it was about time to adapt it to make a rousing call to everyone, not only political leaders, but everyone to try and do everything they can to take advantage of all the great things in the world and reach those goals by 2030. horse things in the world and reach those goals by 2030.— things in the world and reach those goals by 2030. how long did it take ou to goals by 2030. how long did it take you to persuade _ goals by 2030. how long did it take you to persuade al— goals by 2030. how long did it take you to persuade al pacino - goals by 2030. how long did it take you to persuade al pacino to - goals by 2030. how long did it take you to persuade al pacino to record j you to persuade al pacino to record new? it you to persuade al pacino to record new? ., ., ., ., new? it took a while to find out how to net to new? it took a while to find out how to get to al — new? it took a while to find out how to get to al pacino _ new? it took a while to find out how to get to al pacino but _ new? it took a while to find out how to get to al pacino but he _ new? it took a while to find out how to get to al pacino but he he - new? it took a while to find out how to get to al pacino but he he wrotel to get to al pacino but he he wrote me a beautiful letter saying, i am very supportive of your cause and actually, it was really great dealing with him, he is a remarkable actor and seemed to need to be a very determined man. it

actor and seemed to need to be a very determined man.— very determined man. it certainly will aet very determined man. it certainly will get attention. _ very determined man. it certainly will get attention. let's _ very determined man. it certainly will get attention. let's talk - very determined man. it certainly| will get attention. let's talk about those goals because, explain for people watching who perhaps don't know about these goals in more detail, why they are so important. what they are is the only sort of cogent plan, a lot of us are passionate about one issue or another, these goals, which were devised and signed up to buy every country, 193 countries, they cover climate, gender, race, they cover justice and poverty. they are kind and beautifully interlinked thing, in fact 165 targets. they are a road map for how we can make progress. they had been adopted by a lot of countries and a lot of businesses also, just put all their activities next to those goals and see how we are doing on each one. they are a great marker and intentional marker about how we can get to where we need to be. is about how we can get to where we need to be—

need to be. is it clear to you why we're so far— need to be. is it clear to you why we're so far behind? _ need to be. is it clear to you why we're so far behind? the - need to be. is it clear to you why we're so far behind? the trouble| we're so far behind? the trouble with these benchmarks or overarching targets is they are deflected, overlooked perhaps by conflicts, covid, climate crisis, also that get in the way? how do you combat that? that is always the case, and this is been a very complicated area for the reasons that you just said, but i am a veteran of the make poverty history campaign added the millennium development goals, and one of the great things about them is the deadline pushes people. one of the things i think about on this film is liverpool 3—0 down against ac milan in the champions league, it is a question of they really are useful for saying that there is time shot on us, we have lots of crises, especially on the climate, and to refocus ourselves on how to do things. i think the world will be much worse off without them, and with them there is a chance that

people are guided in the right direction to take advantage of all the things that could make a difference, all the renewable energy, breakthroughs in science, breakthroughs of ai. very useful and determining tool. is breakthroughs of ai. very useful and determining tool.— determining tool. is this aimed at those leaders? _ determining tool. is this aimed at those leaders? i— determining tool. is this aimed at those leaders? i know— determining tool. is this aimed at those leaders? i know you - determining tool. is this aimed at those leaders? i know you will. determining tool. is this aimed at l those leaders? i know you will play in new york, because governments, leaders, broadly they want to win elections, stay in power, and i suppose the inclination is to solve immediate crises like cost—of—living crisis, do they need to look at something like this again and work out how perhaps they sell it better to the public, to make it ingrained in what the public want as well? it in what the public want as well? hit is addressed to everyone. we do want the world leaders to understand they have a dual responsibility, leading their own country, but also particularly in terms of climate and global leaders, the biggest crisis in the world has faced. in his

address to everyone in everyjob. if you run a business or work in a business, that business could be more sustainable, could be doing more sustainable, could be doing more for what they do for the climate. if you are an individual citizen, make sure your bank account is with people who are actually supporting the planet rather than exploiting it. if you are buying clothes, food, there are so many ways that all of us, the movie ends with someone with al pacino saying, what are you going to do? it is not what are you going to do? it is not what you are going to ask someone else to do. . ., what you are going to ask someone else to do. ., ~ i. ., i. else to do. thank you for your time, richard. the bbc has learned that, last year, a russian fighter pilot attempted to shoot down a british surveillance aircraft the russian su—27 jets were similar to these ones here. the kremlin blamed the incident — which happened over the black sea —

on a "technical malfunction". the bbc�*s defence correspondent, jonathan beale, has more details on what happned. the official explanation from the russians was a technical malfunction, and attack was indeed what officially the ministry of defence in the uk accepted from the russians. actually it much more. what i have learned is that to five digits were sent to intercept this raf spy plane that can suck up communications, has a crew of up to 30, could have listened into the communications that could potentially have led to their deaths. 0ne potentially have led to their deaths. one of the pilots of the two russian jets thought he had been given permission to open fire. he lost an air missile but didn't get a lot on this biplane and it missed. there was a row between the two pilots, the second pilot didn't think they had been given permission

to fire. there was theirs, including swear words, a row. then the rogue pilot fired or released a second missile, it simply fell off the wing of the aircraft and did nothing. the explanation from the russians was it was a technical malfunction. from the uk, they accepted that, they called it potentially dangerous as well. i think the us, those leaked documents from the us intelligence officials showed that they thought it was a near shoot down and very, very scary, in the words of a us defence official. we haven't been told the whole story here, i think for a number of reasons. does britain want to give russia all its details about how it gathers intelligence? i think the more important point is that nobody here wanted an escalation, because this is the kind of mishap, the

miscalculation that could cause a wider conflict. detectives are questioning the three relatives of sara sharif who were arrested yesterday on suspicion of murder after they arrived back in the uk from pakistan. they left britain last month, a day before the ten—year—old was found dead in surrey. that development last night when sara sharif�*s father urfan sharif, her stepmother beinash batool and uncle faisal malik made their way from pakistan back to the uk and were quickly arrested once the plane touched down and the doors of the plane opened. they are being questioned, because the questioning process has now begun, we know that because we have spoken to solicitor who said he is representing all three of them. we spoke to him in the last ten minutes or so. he has been inside the police station for

much of the day but he has said the process of questioning them has begun. confirmation that that is taking place but we understand that sara sharif�*s father is here at this police station, as is her uncle faisal malik, but her stepmother beinash batool has been taken to a different police station, we understand that is simply because of logistics. police have 2a hours in which they can either charge them or release them, but they can also apply for more time, and that can be 36 or 96 hours. the questioning continues, a big development in this case, which has seen many twists and turns over the last five weeks. it is five weeks since sara sharif, ten years old, was found dead and alone in herfamily home in woking. police will be wanting to question her father, her uncle and stepmother

about what they might know about her death. a british athlete has won the hudson river to make a statement about its clean—up since being polluted. he wore only speedos and goggles. he told reporters that 50 years ago his swim would have been impossible because of the levels of pollution. i pray that people will look at the hudson, around the world, whether you are in africa, south america, and europe are where we have some of the most polluted rivers, and look at the hudson and say, look at what happened in the hudson, that was such a polluted river, and now look at it, one of the cleanest rivers in the world.

we will talk to a libyan who is working on the ground in derna, we will hearfrom working on the ground in derna, we will hear from the prime minister rishi sunak about waiting list, a busy hour to come, all of that after the weather. hello. we've got quite a mixture of weather to take you through the rest of this afternoon, and for scotland and northern ireland it stays quite windy, sunny spells and a few passing showers. we and a few passing showers. had a weather front bri fairly we had a weather front bringing fairly persistent outbreaks of rain. this front is panic to another area of low pressure in the atlantic, et to deepen and swing towards iberia. likely to lead to severe thunderstorms over the next you days. friday, also clicking warm air across england and wales, bringing heavy rainfall psalm into the weekend. low to the south important. every night tonight, outbreaks of

rain turning heavy across wales, midlands, northern england, pushing north was to be southern scotland and parts of northern ireland. foremost a milder night, cool air across the far north of the country. this on friday, whetherfront across the far north of the country. this on friday, whether front across northern england, through the day the rain weakening, sunshine developing to the south across england and wales, but underneath that band of cloud and rain the temperatures struggling, highs of 13-15. temperatures struggling, highs of 13—15. england and wales turning a lot warmer, 21—25, feeling on the humid side. saturday, the same whether front humid side. saturday, the same whetherfront draped humid side. saturday, the same whether front draped across parts of northern england, wales and eastern counties of northern ireland, in a few patches of light rain, heavy showers in the south through sunday. 0therwise some spells of sunshine, still warm and humid in the south—west fresher air still affecting scotland, northern ireland and increasingly the far north of

england. sunday, the area of low pressure near iberia starts to bring much heavier rain across parts of the uk. most likely to see the heavy vein across england and wales, thundery, heavy enough to cause localised surface water flooding, through the day it drives northwards. likely to reach northern ireland, a small chance of it moving northwards into parts of scotland. the general rule of thumb is the further north you are, the more likely you are to keep the dry weather with a bit of sunshine. next week, looking unsettled, a sequence of low pressure is coming our way, wet and also really quite windy. feeling more like autumn.

live from london. this is bbc news. in libya, the mayor of derna says 20,000 people may have been killed by the devastating flood that hit the city.

it comes — as a un body says thousands of deaths could have been avoided — with evacuation warnings. the bbc learns new details about a rogue russian fighter pilot who tried to shoot down an raf aircraft last year. rishi sunak admits it will be hard to meet his targets on health service waiting lists as the number of patients needing treatment with a new high. hello, i'm matthew amroliwala, welcome to verified live, three hours of breaking stories, and checking out the truth behind them. the un has described it as a calamity on an epic scale — and every new detail and picture from libya, bears that out. the mayor of derna said the flooding may have killed up to 20,000 people — based on how much of the city has been destroyed. he said they desperately need teams that specialise in recovering bodies — saying he feared the city risked an epidemic of infection from the large number of bodies under the rubble and in the water.

the libyan red crescent described the scene