this is bbc news, the headlines: the number of people killed in the los angeles wildfires doubles to ten. the authorities say there's no �*conclusive evidence�* the fires were started deliberately. thousands of firefighters are still trying to control the flames. around 180,000 people have been ordered to leave their homes — it's estimated the cost so far could be up to 150 billion dollars. the uk bond market crisis deepens — chancellor rachel reeves heads to china after the pound fell to a ill—month low. the price of re—sale tickets for live events could be capped in the uk under the government's plan to clamp down on touts. jeff bezos�*s blue origin plans to launch its first orbital rocket on sunday —

its long—awaited entry into the lucrative orbital launch market. back now to those devastating wildfires in los angeles, where it's been confirmed that at least 10 people have been killed — double the death toll previously reported. these are live pictures. the biggest fires are burning for a third night. the los angeles county sheriff says it hasn't been safe to reach many of the hardest—hit areas and the number of people who have lost their lives is definitely "going to change". weather forecasters are warning that more high winds may fan the flames further. around 180,000 people have been told to leave their homes under mandatory evactuation orders, though some peeople have ignored those orders stayed in their homes despite the dangers. let's get the latest

from david willis. crews are all around me working, it isjust crews are all around me working, it is just after midnight here, seeking to shut off gas valves to prevent any further fires from breaking off gas valves to prevent any furtherfires from breaking out here. in neighbourhoods like this which welcome back devastated. this is a residential street. there is hardly a building that hasn't been destroyed or damaged. this was a formerfamily been destroyed or damaged. this was a former family home a wooden home, you can see the stairs there, linking one floor to another. virtually the only thing that remains intact. everything around it is charred, there is a motor vehicle in the back almost you can't see what type it is. it is, to use that overused word

it is apocalyptic. the challenge this will prevent for officials born out by the la coroner's office which said it had identified the remains of ten people from these very serious wild fires. eight of those remains were from the fire that ravaged this particular part of pasadena and altadena. the statement said it would be very difficult to formally identify those people, because of the nature of the way the remains were discovered and the fact that normal practices such as fingerprinting just don't, are not applicable in this particular case. another cause of investigation is the cause of investigation is the cause of course of these fires and

officials have also revealed earlier on today that a fire which broke out and spread rapidly, only to be more or less put out, may have been started deliberately. they have taken a man into custody and they are investigating that fire as a potential arson attack. the devastating fires that are destroying large parts of los angeles are on track to be among the costliest in us history. the private forecaster accuweather said it expected losses of between $135 tpo $150 billion as the blazes rip through an area that is home to some of the most expensive property in the world. here's our north america business correspondent, ritika gupta. wildfires engulfing swathes

of los angeles are expected to be one of the nations�* costliest natural disasters. the blazes burning around some to monaco and malibu are consuming some of the most pricey real estate in the us, affecting areas where the median home value is more than $2 million. in addition to the human cost and property damage in la, there is likely to be lasting health impacts and medical costs due to acrid smoke, as well as a dent in the lucrative tourism business. 0n thursdayjp morgan warned the potential cost to insurers is expected to surpass $20 billion. these figures could rise further, as the fires are not controlled and continue to spread. many affected homes were not insured. some of the biggest insurers, hit by hurricanes and other natural disasters over the years, have ceased writing or stopped renewing policies in high—risk coastal and wildfire areas like pacific palisades. hurricane katrina in 2005 is the most expensive us natural disaster, with an estimated cost of $200 billion according

to the national oceanic and atmospheric administration. blazes across california in 2018, including the camp fire, caused an estimated $30 billion of damage. i want to tell you that stores of gas have fallen to what are called concerningingly low levels amid freezing temperatures, according to centrica which says the uk has less than a week's worth of gas in store. 0ur less than a week's worth of gas in store. our business correspondent is here. it sounds alarming, what is the reality? i sounds alarming, what is the reali ? ., , sounds alarming, what is the reali ? ., ., ., reality? i does sound alarming, but if peeple — reality? i does sound alarming, but if people are _ reality? i does sound alarming, but if people are worried - reality? i does sound alarming, but if people are worried that i but if people are worried that supplies will run out, that won't happen. the uk's gas system is connected to europe by two pipelines. if we need more gas, it can be piped over from europe. europe has a lot

more gas storage than we do. the uk has very little. in the past this wasn't a problem, because we would simply pump gas from britain to europe in the summer and gas from britain to europe in the summerand pump gas from britain to europe in the summer and pump it back in the summer and pump it back in the winter. since russia's invasion of ukraine, european demand for gas has increased, but if prices rise in the uk, gas will flow. the market is quite price sentive. in the uk we don't have a lot of gas storage. half of it is the rough site off the coast of yorkshire and there is some in our liquid natural gas terminals. if that supply runs out, we would lose the buffer against price increases elsewhere. if there was a price spike in europe and we didn't have reserves, we would have to pay what ever the going price for gas was and that could be quite high. at the moment, that doesn't seem to be the case and prices in europe are falling, because the cold snap, although

the weather is bad, the forecast is for an improvement and prices in the uk and in europe on the wholesale markets are falling. europe on the wholesale markets are fallina. . ~' ,, the uk chancellor rachel reeves is on her way to china for a three—day visit, aimed at boosting trade with the world s second—biggest economy. 0pposition parties say she should have cancelled the trip, to deal with pressing economic issues at home. 0ur political correspondent ben wright is in westminster. how controversial is this viz ate and the fact that she decided to go ahead with it. the opposition say she shouldn't have gone ahead with the market turmoil and the rising cost of government

borrowing and whether the chancellor will have to change tack in terms of her fiscal rules and the implications for taxation and spending. with those questions swirling around, the tories said the trip should be binned and the chancellor should stay in the uk and explain what the government was planning to do. i should say the former conservative chancellor philip hammond said yesterday he thought that it should go ahead. the implication of a cancelled trip could be worse than going ahead and making the visit. it is happening and for the government it is very important. laboursaid during important. labour said during its important. laboursaid during its time in opposition that it wanted a more pragmatic approach to china, which is the world's second largest economy, the uk's fifth largest trading partner. after a chilly few years when the conservatives were in power and concerns about national security and human rights trumped economic questions in the uk's relations with china. i think the chancellor did want something

of a reset and sees it as an important source of foreign investment, particularly into the city of london. so it is going ahead. it is a fairly low—key visit. she is not taking ing a big press pack with her. we expect her to make one appearance in front of cameras. but it is a fairly under the radar trip. she is going with the governor of the bank of england and some other big bosses from the city. but i think clearly when she does speak to a reporter there she will be asked about the implications for the bond market turmoil on her own plans in the coming months.— in the coming months. thank ou. back now to those devastating wildfires in los angeles, where it's been confirmed that at least 10 people have been killed and nearly 10,000 properties and structures destroyed. let's speak to cbs news correspondent danya macchus

who is in los angeles. what is the latest? where we are we are — what is the latest? where we are we are under _ what is the latest? where we are we are under wind - what is the latest? where we l are we are under wind warnings and some areas could see up to 60mph. we know that the winds could really hinder the fire fighting efforts where we are. yesterday, the wind gusts died down significantly and firefighters were able to make some progress on the palisades fire. but they still have a very long way to go. they're continuing their efforts tonight by fighting the fire on the ground and also in the air. we also know that the death toll from these fires is continuing to rise. 0fficials continuing to rise. officials are expecting the numbers to increase in the coming days, as they have teams sifting through they have teams sifting through the rubble looking for remains. as you say, the human cost is becoming clearer, the death toll is rising and the financial cost we are hearing could be up to $150 billion worth of destruction. these

fires so devastating. as day after day it is becoming clearer how devastating they are? , . , , are? yes, absolutely. the devastation _ are? yes, absolutely. the devastation of _ are? yes, absolutely. the devastation of course - are? yes, absolutely. the devastation of course we | are? yes, absolutely. the i devastation of course we are getting a better glimpse of it every day. there have been so many areas that have not been accessible, because firefighters have been fighting the fire. as they become more accessible, we are starting to see the extents of it all. complete neighbourhoods wiped out. home after home, building after building. we were in a business district not far from here, the grocery stores, restaurants, doctor's offices, coffee shops, all those things gone. the number, the cost of the damage that has been done, that will continue to rise in the coming days.— that will continue to rise in the coming days.

many neighbourhoods now look like this, block after block. people have been talking of the speed with which the flames spread, including aaron sampson. this is crazy. my father in law has parkinson's he has barely move. you're very wobbly. which wa do i move. you're very wobbly. which way do i go? _ move. you're very wobbly. which way do i go? this _ move. you're very wobbly. which way do i go? this way. _ move. you're very wobbly. which way do i go? this way. i - move. you're very wobbly. which way do i go? this way. i went - way do i go? this way. i went outside and _ way do i go? this way. i went outside and saw _ way do i go? this way. i went outside and saw smoke - way do i go? this way. i went outside and saw smoke and l way do i go? this way. i went l outside and saw smoke and fire near my father in law's house and needed to go. but we didn't have a car. by circumstance, we had no car in the house. i ran

up had no car in the house. i ran up and down the street where he was, found a neighbour who was willing to swing by and pick us up. most people had already gone. at that point, i grabbed his medicine, that is the only thing i could think to grab. at that point, wejumped in his car, this guyjeff, a neighbour we had never met, but salt of the earth, saved our lives. there are fires on both sides of the car. we are seeing fires, you could feel the heat. the fires were getting closer and being stuck there. the policemen starting running up the street, get out of car! and started screaming. you don't realise how serious it is, you don't think this is a life—threatening situation. we life-threatening situation. we wl brina life—threatening situation. we wl bring you more from los angeles in the next few minutes. yur watching baeb news. bbc news.

the price of re—sale tickets for live events in the uk could be capped under government plans to clamp down on touts. ministers are also looking at dynamic pricing after 0asis fans were caught out by rocketing prices last summer. 0ur correspondent chi chi izundu has this report. # you've got a roll with it. just last august, when one of the biggest bands in the world announced they were getting back together and going on tour, the scramble to get tickets was huge. for them to change it and move the goalposts is frustrating. it puts pressure on you because you think i may not get this opportunity again. bi; you think i may not get this opportunity again.- you think i may not get this opportunity again. by the time i not opportunity again. by the time i got there _ opportunity again. by the time i got there the _ opportunity again. by the time i got there the tickets - opportunity again. by the time i got there the tickets were - i got there the tickets were £455 — i got there the tickets were £453. while you were in the queue — £453. while you were in the queue there was no indication of how— queue there was no indication of how much the tickets would be at — of how much the tickets would be at the — of how much the tickets would be at the end point. that seems

unfain _ be at the end point. that seems unfain and _ be at the end point. that seems unfair. and i think there is probably— unfair. and i think there is probably a lot of people that have — probably a lot of people that have spent beyond their means. fans were annoyed because of something called dynamic pricing. that's where prices increased as demanded, as people queued for hours to try and get their hands on those tickets. and then when the tour sold out, tickets appeared on resale sites for thousands of pounds. but the government says it wants to clamp down on some of those practices. the department for culture, media and sport is launching a consultation. it's proposed a number of things, including capping the amount you can resell a ticket for up to 30% above the original price. that is clamp down on touts hiking up prices. they want to limit the number of tickets a reseller can actually list for sale on resale sites, and they want to increase the accountabilit