sluggish economy. feet under the table and we look ahead to his as women's the impact of the club's football goes from strength investment at grassroots level. and to asian communities around the world — happy new year! so what will the year so what will the year of the snake bring of the snake bring

live from london. the british chancellor, rachel reeves, will today set out plans to kickstart economic growth in a speech in oxfordshire. atjust 0.8% in 202a. ms reeves is expected to promise to go "further and faster", to deliver measures to foster growth. she will detail plans to invest in the oxford—cambridge arc — that's an area spanning the two top university cities, home to many high—tech firms and university—driven tech initiatives.

now chair of beyondnetzero — voiced his support for a targeted approach well, i strongly welcome the idea of getting the uk and actually has a proper outcome over so i think that the work we do in life sciences clearly has a place there. i don't think... a million flowers bloom. an extended interview with lord browne there will feature on talking business

here on bbc news. this could be a real moment for the chancellor. teamgb spirit, teamuk spirit that we want to see across the economy moving. and i think, because of that, some of the bold moves should be celebrated. and so one of the things that we are looking for is, as you say, taking some

of those big decisions for a while — for complex reasons, perhaps — reiterating the growth 0k. heathrow runway. that's just an example. you said that's been sitting on the government's these are good... is important to say. to grow the economy, there are lots of ways you can do it is calibrating the needs of certain missions

at the moment, the economy needs big is serious about its growth mission, and that is why i think when against infrastructure to start with those — down interest rates. but the fed and its chair are independent — and concerned that the president's policy plans — including tax could reignite

inflation in the us. if they come into play tariffs are interesting. we expect to see a lot of action on tariffs. proposals on tariffs. of tariffs, including threatened tariffs on mexico, canada, colombia, taiwan, and across the board on various industries — steel, aluminium, copper and other and pharmaceuticals.

tariffs are directly passed through to consumers. moreover, if the president does go through with his 25% at this as well. us tech stocks settled down on tuesday after the world's biggest company — the chip giant nvidia — lost nearly i7% of its value on monday following the sudden deepseek.

dollars of the value briefly lost on monday. optimism about al investments has powered much of the boom and this morning the world's netherlands—based asml — has announced it had for its advanced chips. where sura njana tewari joins us.

hello to you. come to the asml in hello to you. m the asml in , the asml in a moment. first off, nvidia — the asml in a moment. first off, nvidia and _ the asml in a moment. first off, nvidia and the _ the asml in a moment. first off, nvidia and the asian - off, nvidia and the asian markets' reaction to it monday méfkfétgifgéifififiifi if. hfififié? .., tuesday? it mgrigtg’fgg’zfiinfi it mg’fifiég " tuesda ? . ~ , and tuesday? fifi; here in asia and tuesday?§ - here in asia fori and tuesday?; - here in asia for the holiday here in asia for the chinese lunar new year, a chinese lunar new year..,a lot markets are closed but the -e— japanese stock market is open and is largely tracking those games we saw on wall fi—= 77 as you 77 recovered from nvidia recovered from sharp losses the previous after nvidia recovered from sharp loss sell—off 'evious after nvidia recovered from sharp loss sell—off triggered after nvidia recovered from sharp loss sell—off triggered by l\fter that sellfeff triggefl'sdtg ' ' ' , ,, start—up deepseek chinese start—up deepseek launch, much cheaper but powerful ai investors powerful ai mother. investors are still questioning whether powerful ai mother. investors are still qu like ning whether powerful ai mother. investors are still qu like nvidia hether powerful ai mother. investors are still qu like nvidia and er powerful ai mother. investors are still qu like nvidia and asml really worth the hype, are really worth the hype, that deepseek it is are really worth the hype, th to )eepseek it is are really worth the hype, th to do pseek it is are really worth the hype, th to do pse same it is are really worth the hype, th to do pse same thing, f to provide the same'services

less to provide the seme'eervicee less microchips to provide the some'eervicee less microchips and with less microchips and therefore far cheaper. it makes ou therefore far cheaper. it makes you wonder _ therefore far cheaper. it makes you wonder about _ therefore far cheaper. it makes you wonder about adjustments | you wonder about adjustments for these bleeding ai you wonder about adjustments for these bls us ng ai you wonder about adjustments for these bls us a ; ai companies. tell us a bit more about asml tell us companies. tell us a bit more l about -sml - tell us companies. tell us a bit more l about _- tell us today. asml was another company was b today. asml was another company - was - by that _ that was affected by that sell—off. she has lost 6% monday, although they did on monday, although they did on monday, although they did on tuesday, as well. recover on tuesday, as well. company produces the company produces cutting—edge to make cuttifig~edger meehi nee tome ke chips, and in hour or so it has reported last hour or so it has reported a drop in annual profits. a drop in annual net profits. asml said its net profits for came in 7.9 camfiein ” 7.9 us 2024 came in at 7.9 billion us compared $8.1 dellere. eempered te gel—lb r—f—w—r—rr—fi in dellere. eempered te fill—rm , ~ , in the hailed billion in 2023. the ceo hailed another record year in 2024 for the firm in of annual the firm in terms of annual sales, and pointed to the growth in artificial as a

intelligencees a key driver intelligencees a key driver in the intelligencees a key driver he n the industry 7 intelligencees a key driver he went industry 7 intelligencees a key driver he went on ustry 7 intelligencees a key driver he went on to try 7 intelligencees a key driver he went on to say 7 intelligencees a key driver he went on to say that 7 in the market dynamics ehifte ifi'themerket dynamics. not benefit all customers may not benefit all customers equally, but does create opportunities and risks. both opportunities and risks. that massive sell—off, you 7 will not see that in results, of course, but thee; reel-lie. 55:5 feel-re; leg-é is is that asml will see some blowback from the of e'fstf�*ft'fi" “f“ 9ffe§fff ff sector %f%**e=*'fh “f“ 9ffe§fff ff sector since deeiedefi “mi 3555555? sf sector since its m i jeweee d7.,,,.........., the fe't" eiece its egomevt . ,.,,, , so for making is so essential for making those microchips ai large those'microchipsthetéi large on. language models rely on. thank ve language models rely on. thank - very much _ language models rely on. thank - very much indeed. - language models rely on. thank| - very much indeed. suranjana

new ceo brian niccol, who took up the role in september 2024.

to paying customers. that's drawn flak. last august, it was revealed that mr niccol will commute manufacturers association. is off to a very fast start. he's living up to all the hype that has surrounded his salary months about 39%. that are just starting to take place appear to be working.

on this huge strategy, titled back to starbucks. so some of the changes that you're hearing about have to do with getting back to the experience of feeling like it's your local place. and he's taken several steps in that regard to demonstrate that. the conduct policy is one, because they had issues they're returning to some warm elements. mugs will be back in the in—store customer base. they, as you heard, are bringing back to do scheduled pick—up. so the service levels will be sped up.

nisha patel has been to arsenal in north london to see how is having an impact. into the national psyche. the lionesses champions of europe, after beating women's football has been steadily growing investing millions into facilities, coaching and development for the women's game. and grassroots initiatives like this one in north london, where the club is based, which provides free of the women's game. it's just important to emphasise that you can play, fact that you enjoy football.

like, i think, when you're younger, it's easy to fall so i think these programmes are so important. arsenal were the first club in the country to establish a community programme, and they now run around 40 different weekly initiatives. a report commissioned for the anniversary to show community projects. of economic value for the uk — of which almost half the team was initially founded by the community team back in the �*80s, and what we did was create

holding the records for most titles won in each domestic competition they have played. leah williamson is also captain of the lionesses. but the fact that there's this many girls at this age, of girls turning up. investment into women's football is set to grow again this year, and with the euros in switzerland it will be another chance to showcase women's football at the highest in the lunar new year, the most important festival so what do chinese astrologers think the year of the snake will bring for our finances, markets and the world

of business? for those who recognise it. we need to look at the animal, the snake. don't really do? will be a very good thing. transforming into the new. now, this could be

a physical thing, is that bad news when it comes to business? and chinese astrology? very serious. master to make their businesses go as well as possible, and they will do this from the beginning stages, or to influence the flow of energy in a certain way, because so many people believe in feng shui to make their properties more auspicious. so it's very, very popular.

for the water ox, myself. technology and ai? well, see, the thing is this. in the universe, including ai. happy new year to you if you are it. that was angela are marking it. that was angela this is bbc news, don't go

a "national crisis". in knife crime with the king and the prime minister. hollywood actor idris elba is now on a mission to break the cycle. five years ago, the film star decided to take action. it's just a constant flux of young people murdering each it was really painful for me.

i'm 18. 18? yeah. but, unfortunately, i've been in five different prisons before my 18th birthday. wow. yeah. situations any more. about their behaviour. you don't carry a knife? no. i used to. mm. hard to, i'm still...

for national statistics. ronan was a mistaken identity. he was just walking home. people who've been through experiences, the like checks for people trying to buy knives online. the king is going to actually. come and greet you at the car. yeah. king charles — all determined to make a difference in the fight against knife crime. adina campbell, bbc news.

on bbc iplayer. "at risk" register. into severe decay — but being put on the list isn't derelict. and that's credit to yourselves.

since then, it's raised £4.5 million. with a royal seal of approval. want to be taken off the theatre's at—risk register. ourselves from the register. it is. yeah, it is. 13 venues in the northwest have been named in the annual list, theatre. depressing. it's a really sad situation that we're in with the civic. the scale of the challenge

to reopen the civic was huge to the risk register, we actually welcomed that decision. first live shows. i still go to the theatre i today, but i have to travel in fact, for the end of the week, high pressure area of low pressure. and we've got a new area

of low pressure passing south of england throughout the day on wednesday. dry with some sunshine. single digits for most. northern ireland. pulling away slowly from the south east, probably the best day of the working week.

its way in from the west. it will feel chilly, but at least we've got it will fizzle out as it pushes into high pressure, northern and western areas. figures across the board. and then as we move into the weekend, high against a strong developing area of high pressure, developing at night. take care.

at least a dozen people are killed after a crush around the world celebrate the lunar new year.

there's been a crush at a huge hindu religious festival.