live from london. this is bbc news. south korea's suspended president is arrested after a failed attempt to impose martial law. he faces charges of insurrection and the abuse of power. this is the scene outside the office in seoul where president yoon is being questioned. it's the first time a sitting president has been arrested. the latest uk inflation rate is published in the next hour — as the government faces criticism for its handling of the economy. negotiations for a ceasefire deal in gaza continue — all sides indicate an agreement is closer than ever. there are fears over rising wind speeds in los angeles

which threaten to stoke new wildfires. hello, i'm tadhg enright. the impeached president of south korea, yoon suk yeol has been arrested over his failed attempt to imposed martial law on the country last month. anti—corruption investigators forced their way into the presidential compound on wednesday morning. it was their second attempt to arrest yoon after a previous attempt was thwarted

by his security team. attempt was thwarted by his security as am. attempt was thwarted by his security as the president, who investigation. as the president, who is sworn to uphold the constitution and the legal system of the republic of korea, my compliance with such illegal and invalid procedures does not signify my acceptance of them. it is solely a measure to prevent any unfortunate bloodshed. that was part of a pre—recorded statement made by president yoon before his arrest. our correspondent shaimaa khalil

is outside the corruption investigation offices in seoul where president yoon is being questioned. this has been a few hours of heightened, dramatic and contrasting feelings and sentiments here in south korea. not long ago we were outside the presidential residence, where huge cheers of celebration among anti—yoon protesters could be heard when it was announced that the president had been arrested by the corruption officials. —— corruption investigation officials. minutes after his motorcade made its way into the building behind us, the corruption investigation office, he has now been sitting there for a few hours, being questioned for allegations of insurrection, and misuse of power, both relating to his botched declaration of martial law in early december. but the sentiment here now and is one of angen sentiment here now and is one of anger, is one of defiance, among

yoon�*s supporters. we have been speaking to many of them young and old who say that they do not recognise the legality of this arrest warrant. essentially echoing what the president and his team have been saying. and what you have now is as you say a dramatic crescendo to the build—up of this story, because essentially it is being framed into different ways. the investigators insist and they confirmed that they did execute the arrest warrant for the present. mr yoon and his team saying it was a voluntary appearance to avoid bloodshed. whichever way you look at it, this is a very dramatic and historic moment for south korean politics because the first time in the country's history, a sitting president has been arrested. we have 48 crucial hours now, two days now. if a court administers a detention warrant, then yoon suk yeol will be

detained. if not, he is free to be going back to the presidential residence. this does not solve the issue, this is another phase in this divided country and another phase in this political drama here in south korea. earlier, i spoke to a former head of military forces in korea, who explained the background to the decision by president yoon�*s security team to allow him to be arrested. i security team to allow him to be arrested. ~ , ,., , security team to allow him to be arrested. ~' , , ., , arrested. i think everybody realised that no one — arrested. i think everybody realised that no one can _ arrested. i think everybody realised that no one can be _ arrested. i think everybody realised that no one can be above _ arrested. i think everybody realised that no one can be above the - arrested. i think everybody realised that no one can be above the law. | arrested. i think everybody realised i that no one can be above the law. no matter how they oppose it, or how they are for it. so in the end, although there was a lot of strife and consternation, people realised that nobody is above the law. we have seen _ that nobody is above the law. we have seen those angry protests by supporters of suspended president yoon outside the corruption

investigators office. he was of course democratically elected, he retained supporters. what impact do you see them having on the next chapter of korean politics? well, it's u- to chapter of korean politics? well, it's up to the _ chapter of korean politics? well, it's up to the constitutional - it's up to the constitutional courts. they have already started the process. they have a maximum of 180 days of which about 20 have already been spent. normally it would take maybe two to three months for them to come to a decision. and whatever that decision is, we will have to follow that. if the decision is upheld to impeach president yoon, we will have 60 days for a presidential election. i just want to say that initially, this was about a president who misused, who might have misused his power to declare martial law. but now it has evolved into two segments of korean

society, one very progressive, the other very conservative. that society, one very progressive, the other very conservative.— society, one very progressive, the other very conservative. that was an military analyst _ other very conservative. that was an military analyst talking _ other very conservative. that was an military analyst talking to _ other very conservative. that was an military analyst talking to us - military analyst talking to us earlier. these are the continuing live pictures coming into us from seoul, outside the corruption investigators of this, where president yoon is in custody, he is being questioned. the latest we are being questioned. the latest we are being told is that he is refusing to talk. stay with us here on bbc news throughout the day for more updates on that story. negotiators in qatar will resume talks shortly amid hopes a ceasefire deal in gaza is within reach. the agreement would include the gradual release of israeli hostages in exchange for palestinian prisoners. all sides have indicated that an agreement is closer than ever, with both israel and hamas openly expressing that a deal can be reached. this is what we know about what is likely to be included in the agreement. it will start with the initial release

of 34 israeli hostages, including women, children, the wounded and the sick. in return it's expected that israel will release 1,000 palestinian prisoners, including approximately 190 who have been serving sentences of 15 years or more. and an agreement would need to be reached on the future of gaza, including whether israeli troops can remain there. the agreement would allow israel to maintain an 800—metre buffer zone along its eastern and northern borders with gaza, at least during the first phase of the deal. it also includes provisions for israeli forces to remain in the philadelphi corridor, a strip of land separating gaza from egypt. jon donnison is injerusalem. i think what is really remarkable here is that both sides appear to be certain that a deal can be done. do you sense any doubt at all?-

certain that a deal can be done. do you sense any doubt at all? there is alwa s you sense any doubt at all? there is always doubt _ you sense any doubt at all? there is always doubt because _ you sense any doubt at all? there is always doubt because we _ you sense any doubt at all? there is always doubt because we have - you sense any doubt at all? there is always doubt because we have beeni always doubt because we have been pushing for this deal for months and in effect, the same deal has been on the table since may. but it does seem that the deal is almost done, but not quite. so what mediators is saying is that they are still negotiating over what they are calling the technical detail. so minor details, the broad principles, it seems, have been agreed. but while negotiations are still ongoing, things could go wrong. so the first phase of this deal as you say it will last for six weeks, and you will see just over 30 israeli hostages released, including three apparently on the first day of the deal, in exchange for hundreds of palestinian prisoners and israeli troops will start to withdraw from gaza. the big question, though, is what happens in phase two. because israel is insisting that it must retain the right to resume the war

if it feels necessary. now, hamas has been badly damaged in gaza, but it is still there. and we had the us secretary of state antony blinken yesterday saying that in fact over the past 15 months, he estimated that hamas had recruited almost as many new members as israel has killed. and i guess the question is, and it is unanswered, if it is not going to be hamas that runs gaza, then who will?— going to be hamas that runs gaza, then who will? indeed, and that does a- ear then who will? indeed, and that does a - ear to then who will? indeed, and that does appear to be — then who will? indeed, and that does appear to be the _ then who will? indeed, and that does appear to be the sticking _ then who will? indeed, and that does appear to be the sticking points, - appear to be the sticking points, ending the violence, releasing hostages and prisoners the first step. we will have to leave it there, jon, but thank you for joining us. you can read more on that story on the bbc news website, including bbc verify analysis which includes the area in gaza which israel has told people to go to for their safety has been hit by 90 a air strikes since may. there are

some developing use from cape canaveral in florida. we are expecting this rocket here, a falcon nine rocket, belonging to the private company spacex, to blast off imminently. the take is scheduled for 11 minutes past the hour, what is the time as we have it right now. it is described as a one rocket, two missions vessel, containing lunar lander is, built by the us and japanese companies. they are poised to as they put it ride share to the moon. you can see the anticipation is building at the kennedy space center in florida as we await this launch. ., , , ., ., ~ ., launch. computers have taken over the launch countdown, _ launch. computers have taken over the launch countdown, we are -

launch. computers have taken over. the launch countdown, we are waiting for the final glow from the launch director. ., , for the final glow from the launch director. . , ., ., ., . director. that is go for launch. great news. — director. that is go for launch. great news, we _ director. that is go for launch. great news, we are _ director. that is go for launch. great news, we are go - director. that is go for launch. great news, we are go for- director. that is go for launch. i great news, we are go for lunch, let's watch as falcon nine takes our two lunar payloads to space. id=3f3r two lunar payloads to space. 0-30 seconds. two lunar payloads to space. 0-30 seconds- -- _ two lunar payloads to space. 0-30 seconds- -- t_ two lunar payloads to space. 0-30 seconds. -- t -30 _ two lunar payloads to space. 0-30 seconds. -- t -30 seconds. - t -15. t —15. ten, nine, eight, seven, six, five, _ t —15. ten, nine, eight, seven, six, five. four, — t —15. ten, nine, eight, seven, six, five, four, three, two, one. ignition _ five, four, three, two, one. ignition. and go. the vehicle is

pitching — ignition. and go. the vehicle is pitching downrange. t plus 30 seconds into launch, falcon nine has successfully lifted off from kennedy space center. the vehicle is going vertically, but it will begin to move horizontally, we are going to gamble. we are going to gamble the engines, we are still going up. gamble the engines, we are still auoin u. ,, , . gamble the engines, we are still going op-_ we - gamble the engines, we are still going up._ we will. gamble the engines, we are still| going up._ we will be going up. supersonic. we will be movin: going up. supersonic. we will be moving horizontally, _ going up. supersonic. we will be moving horizontally, that - going up. supersonic. we will be moving horizontally, that helps i going up. supersonic. we will be i moving horizontally, that helps the vehicle get into orbit and avoid being pulled back down to earth. we are coming on max 0.

a successful ta ke—off on max 0. a successful take—off from the elon musk control spacex company, two privately controlled lunar landers on the rocket which is heading towards space. no people on board in the launch, on the spacecraft but liftoff has been successful. around the world and across the uk, this is bbc news.

in just under an hour's time, we will find out the latest uk inflation figure, the rate at which prices are rising by. it comes as the chancellor, rachel reeves faces criticism over market turbulence. 0ur chief economic correspondent dharshini david has been speaking to businesses about how the cost of living is impacting them. it's been a dismal start to the year in the city of london, with financial markets in turmoil as they ponder our growth

and inflation prospects. and it's this which is on their mind. the struggle to keep a lid on the prices we pay for goods and services. at this restaurant and hotel in southampton, 80 miles from those trading floors, they'd agree inflation is lower than it was, but the reality is they're struggling to keep up with rising costs. everywhere is getting tightened. you know, the prices of food is going up, the prices of utilities are going up. so it's almost like, you know, where do you stop before you have to really increase the prices? and then of course, as soon as you increase the prices, you know, the worry is that the customers all vote with their feet and they'll go and eat elsewhere. it's that persistence of inflation in areas such as hotel stays, services, that means the bank of england has been slower to cut interest rates than it was to increase them. and there are more price pressures

ahead because itsjob is notjust to get inflation back to the 2% target, but to keep it there. from sainsbury�*s to next, high street players have greeted the new year by warning of higher prices as government policies such as the increase in employers' national insurance contributions and greater employee rights take effect, increasing the risk of inflation rising further away from target. back in southampton, johnny too is trying to square those higher costs with keeping afloat. we will be in a realfight to keep our neck above the water and we are well installed as a business, you know. we've got other businesses in southampton, we've got casual dining in southampton, we've got late night refreshment in southampton. and all of our venues are challenged. i'm not feeling it at the minute. i think we need to just focus on getting through 2025 and seeing where we are at the end of that. so serving up the faster growth the chancellor wants to see might be

challenging as businesses battle higher costs. dharshini david, bbc news. breaking news coming to us from ukraine. we are told there is currently an air raid alert across the entirety of ukraine, and reports of cruise missiles being fired by russia. there was a warning from the ukrainian air force warning of russian bomber planes in the sky at around 4am local time. this was followed by the launch of multiple guided aerial bombs. that prompted the activation of sirens across the country. those warnings of cruise missiles waking people up. this coming a day of what ukraine called its most massive attack on russian targets since the start of the

full—scale invasion. and in the detailjust full—scale invasion. and in the detail just arriving to full—scale invasion. and in the detailjust arriving to us here, we have been told that ukraine's national grid operator has introduced emergency power cuts in six regions after that massive russian missile strike. separately, the ukrainian energy minister said preventative measures were also in force. a reminder of that breaking news, an air raid alert currently in place across the entirety of ukraine. report of multiple guided aerial bombs having been fired by russia. we will bring you more updates on that story as they come into us. let's go now to los angeles. firefighters in los angeles are bracing themselves for a fresh wave of strong winds as they continue to battle wildfires that have been raging for more than a week. at least 25 people have been killed and dozens are still missing. you can see here the two largest fires, the palisades and eaton fires which continue to burn. the local authorities are warning

that the strengthening winds may spread the flames further. let's get the latest from will grant. every house has gone on that street in that area. they're all gone. as the flames closed in on them, sheila wheatley and her husband victor fled their home in altadena with nothing but the clothes on their back. the couple, who run a fostering agency for at risk youth, made it out with their lives but little else. this is a street where i have spent a lot of time, being a part of the community. the next day, sheila returned to the ruins. a lifetime in a home turned to ash. one of 12,000 structures lost in the worst fires la has seen in decades. like, picking up my keys this morning and recognising that all the keys to the house and, you know, the back key, door key and all this belongs to nothing, to nothing, and it is surreal. it's a tale which crosses

communities in los angeles. elizabeth rafidi grew up in a poor neighbourhood here, but became a lawyer and bought a house in malibu with her husband. today, she's living in a hotel room, unsure of what the future holds. it's like having a member of your family die because that's the end, the end road at that point of that person's history, which is the end road of our homes. we went to malibu to find elizabeth's home or what's left of it. it stood for 50 years until these wild fires razed it to the ground. as the days pass, more and more evacuated families are coming to terms with the fact they now have no home to come back to. the lucky ones are in hotels on the insurance company's dime. the less fortunate are sleeping in evacuation shelters or even in their cars, as they and the city work out their next steps. multi—million dollar mansions and tiny apartments alike have been

levelled by these fires, which have left the people of la reeling. the rebuild will begin in time. the mental scars for those who lost everything may take much longer to heal. will grant, bbc news, los angeles. let's get more now on the ongoing talks for a ceasefire in gaza. let's speak now to jared malsin, middle east correspondent at the wall streetjournal. thank you forjoining us, jarrod. what are your thoughts on the shape of the deal that we are hearing about? , . , of the deal that we are hearing about? , ., , ., ., , about? the shape of the deal is similar to _ about? the shape of the deal is similar to previous _ about? the shape of the deal is similar to previous deals - about? the shape of the deal is similar to previous deals that i about? the shape of the deal is i similar to previous deals that have been on the table over the last year, really, negotiations, between israeland year, really, negotiations, between israel and hamas, these indirect negotiations brokered by qatar, egypt and the united states, which involve at this .33 israeli hostages

coming out of gaza, most of them believed alive, in exchange for a ceasefire in gaza and the release of some palestinian prisoners. what we are being told by all sides in this negotiation is that this is the closest they have ever been, and at the same time there are still some finer details of that deal that they are still working out, and they are still finalising those. it is remarkable _ still finalising those. it is remarkable to _ still finalising those. it is remarkable to hear - still finalising those. it is remarkable to hear the l still finalising those. it is remarkable to hear the certainty with which both sides are talking about a deal being done. we aren't the immediate cessation of violence in the release of detainees, —— beyond the immediate cessation of violence and the release of detainees and prisoners, the ultimate question is about the government of israel and gaza, because benjamin netanyahu was in quite a vulnerable position before the war. . v , quite a vulnerable position before the war. ., �* , , ., the war. that's right. number one, as ou the war. that's right. number one, as you said. _ the war. that's right. number one, as you said. in _ the war. that's right. number one, as you said, in gaza, _ the war. that's right. number one, as you said, in gaza, the _ the war. that's right. number one, as you said, in gaza, the questionsj as you said, in gaza, the questions about who is going to govern gaza, the so—called they asked the

question which is a question that is still unresolved since the beginning of the war. that is a question for palestinian political regional leaders to some degree. and the israeli government, netanyahu after the hamas 0ctober seven attack on israel which was seen as an intelligence and security failure in israel, he was under a lot of scrutiny and under a lot of political pressure at that time for allowing that attack to happen and then the response, in which there has been more than a year of war, and yesterday you had the secretary of state antony blinken saying that hamas has been able to recruit more members and rebuild itself, even during that time, during this immense israeli bombardment in gaza. and alongside that, despite of that get to some degree, netanyahu has strengthened his position in israel, he has managed to set up his

cabinet, reshuffle in a way that will survive this deal in spite of threats from the right—wing members of his cabinet to leave the government if a deal is signed. and thatis government if a deal is signed. and that is one of the reasons that this appears to be happening. {lilia that is one of the reasons that this appears to be happening. 0k, jared malsin, middle _ appears to be happening. 0k, jared malsin, middle east— appears to be happening. 0k, jared malsin, middle east corresponded l appears to be happening. 0k, jared i malsin, middle east corresponded for the wall streetjournal, thank you very much forjoining us on bbc news. let's remind you of the breaking news coming into us. an air raid alert currently in place across the entirety of ukraine, and reports of cruise missiles having been fired by russia. the launch of multiple guided aerial bombs following an air raid alert which went out at about 4am local time, coming the day after what ukraine called its most massive attack on russian targets since the start of the full—scale invasion. we know president volodymyr zelensky was supposed to visit warsaw today, we will give bring you any updates we

get on that. do stay with us on bbc news. hello. 0ur weather may well be turning a bit murkier right now, but it was a pretty stunning end to the day on tuesday with lovely sunsets here in highlands, scotland, we have a number of these sunset pictures sent to us from our weather watchers. we had a significant jump in temperatures over the last 24 hours. fylingdales in north yorkshire was monday's coldest spot atjust three degrees, but we had temperatures jump up here by seven degrees celsius from monday into tuesday. tuesday itself was a day of variable cloud and a bit of sunshine at times. now, high pressure is dominating our weather picture for the next few days, bringing a quiet spell of weather and often feeding up some pretty mild air too. however, mild weather at this time of the year doesn't necessarily equate to sunny weather, and right now, what we're seeing is extensive low cloud.

we've got some mist and fog around, and the low cloud is also bringing a few patches of drizzle with it too, particularly across parts of wales and western areas of england. so, although it's a frost free start to your day on wednesday morning, it's going to be pretty murky with mist and fog for wales, western areas of england and quite murky conditions through the vale of york. a few fog patches in the midlands too. some of these fog patches may well linger all day, but i think for most areas, you'll see a bit of sunshine coming through, the best of that for scotland, the far north of england. may well stay rather cloudy for east anglia and south east england, some of that cloud could stay quite low, with occasional mist patches still around into the afternoon. temperatures for most of us into double figures, so we're on the mild side for the time of year. and with this area of high pressure staying with us wednesday, thursday into friday as well, not going to be great changes in our weather pattern day by day. so thursday morning, again, a few mist and fog patches around initially, perhaps a little bit more in the way of sunshine extending across scotland into northern england, the north midlands and wales. but, again, we'll probably have some

low cloud and mist hanging on across parts of east anglia and southern counties of england. temperatures generally around 7—10 degrees, so we're running a little bit above average for the time of year, and quite mild there for west scotland and northern ireland. friday the high pressure is still with us, but into the weekend, this weak weather front is going to move in off the atlantic. the front weakens as it runs into our area of high pressure. and so saturday, a dry day, sunday, we'll see the clouds thicken with outbreaks of light rain spreading in. there'll be a few showers around next week, but for the time being, the weather staying mostly on the mild side.

feeling the pressure — the uk stands out amid a global rise in the cost of government borrowing. an intense year ahead — meta is cutting 5% of its workforce as boss mark zuckerberg says he wants to drop low performers faster. stuck on the runway — boeing plane deliveries drop to the lowest level since the pandemic. and cashing in on trump's china tariff threats — india's tech businesses look to pick up the slack. live from london this is business today, i'm tadhg enright. we start in the uk where pressure on the government's

handling of the economy has been mounting as the cost of borrowing has soared and the pound has slipped. as markets seem to be questioning if the uk's economic strategy is right. speaking to parliament on tuesday chancellor rachel reeves said she was under no illusion about the scale of the challenge on the economy. but pointed out that the uk was not alone as borrowing costs around the world were on the increase. leadership is not about ducking these challenges. it is leadership is not about ducking these challenges.—