our personalfinance reporter kevin peachey reports from cheltenham. decided to do that was because we couldn‘t possibly rent and save at the same time. my friends definitely struggle, i think a lot of their money is used up in just their rent alone. this is typical of a sort of accommodation that is offered for young professionals. those friends can expect to pay more than a0% of their salary on rent to live on their own in central cheltenham. despite this cost, letting agents say young professionals are queueing up for flats like this. this typical property goes within a8 hours. the demand for it is incredible, especially one that is furnished like this, itjust suits their needs. but it isn‘tjust here that young people are feeling the financial squeeze. housing organisations say spending more than 30% of your salary on rent is unaffordable. that means renting a one—bedroom home in your 20s would be unaffordable in two thirds of britain and two people sharing a two—bedroom place would still find it difficult to manage in more than one in ten areas. on

new flats right in the centre of cheltenham, but it will be leased a0 yea rs before cheltenham, but itbuilt property in the town, these are retirement homes. that worries the local council, which wants to attract skilled, young workers to the town. it is planning to borrow £100 million to provide 500 homes. we are going to build them. we are going to buy them, maybe even buy land and build on that. simple as that. this will be rented out in the open market for young people and families that need them. the government says a letting steve bannon and long contracts will help residents in cheltenham and elsewhere, but the trade body for landlords says that mortgage and maintenance cost says that they can't offer rent any cheaper. and if you want to see if rents are judged as unaffordable in your area, you can search our interactive map of britain. head to bbc.co.uk/business. coming up on breakfast, we are going to find out how a memorial to young men “— to find out how a memorial to young men —— one man has brought new life toa men —— one man has brought new life to a part age, it is firin

the government says a lettings fee ban and longer tenancy contracts will help renters in cheltenham andnance costs means they can't offer rent any cheaper. kevin peachey, bbc news. let's discuss this with anne baxendale, who's the deputy director of policy and campaigns at housing charity shelter. 0bviously obviously a lot of people are struggling because of the cost of rentals. what are your concerns? our advisers see people every day who are struggling to cover their rent and they are cutting back on other essentials. 0ur and they are cutting back on other essentials. our own research has shown that across the country rents are rising 60% faster than wages and thatis are rising 60% faster than wages and that is not just are rising 60% faster than wages and that is notjust in london but in all sorts of places. this is particularly concerning because of the huge growth in private renting overall so many people are renting and these twentysomethings are facing a future of bringing up children most likely in private renting and living there for their lifetime. in the past they weathered o

our personalfinance reporter kevin peachey went to cheltenham where there are concerns young people aren. when 25—year—old shop manager morgan moved in with her boyfriend, she knew she had to be particularly nice to her new housemates. myself and my partner are living with his parents at the moment whilst we are saving for a mortgage. the reason why be decided to do that was because we couldn't possibly rent and save at the same time. my friends definitely struggle. i think a lot of their money is used up in just their rent alone. this is typical of a sort of accommodation that is offered for young professionals. those friends can expect to pay more than 40% of their salary on rent to live on their own in central cheltenham. despite this cost, letting agents say young professionals are queueing up for flats like this. this particular property goes within 48 hours. the demand for it is incredible, especially one that is furnished like this, itjust suits their needs. but it isn'tjust here that young people are feeling the financial squeeze. housing organisations say spending more than 30%

john lewis is trying to tempt shoppers to its new cheltenham store by offering them a chance to havepping experience is one of several that the department store chain is offering as it tries to revive its fortunes. men no longer have their own kleenex. the kleenex mansize brand is being ditched after 60 years, after which its makers have come to the conclusion that it could be seen as a bit sexist. from now on, they'll be called extra large. how are the markets performing today? the ftse is not terribly optimistic about brextra time. investors disappointed by a 0.8% drop in retail sales in september. the pound though has recovered from some losses against the us dollar earlier this morning, and that's despite those disappointing retail sales figures. although it did suffer a bit of a fall yesterday so this could simply be recovery mode. lower spending at the shops and also in the bingo halls. the mecca bingo lower spending at the shops and also in the bingo halls. the mecca bingo owner rank group has posted a big slump in sales over the past four months. but we are buying more pizza.

murdered now it is perfectly possible the m i six has been listening to what's happening through cheltenham and conditioned to what's happening in other countries they did all the time and i wouldn't rule out the fact that the some some hidden agenda. i don't know about but will we be able to put a new chemical weapons were being used by the saudis in yemen it says here and i six. did know alerted five teligent not of the united states because shogi so the decision was taken we did what we could well i'm not saying it was murder i don't know whether the john le carré well it's i don't know whether it's expressed dory is well founded or not i guess we wouldn't know until someone else to some proper research or that some journalist or some proper research it was you don't have to believe all the story to know that it's likely m i six was or was listing to other countries intercept i mean that's what you do all the time just not beyond the bounds of possibility the saudis how to further a job that we don't know about but just leave it near we don't know but i certainly think it's worth followi

to thank my right honourable friend, he is a great champion for the environment, especially in cheltenhamcious that it is not a straightforward scheme to introduce, i recognise that many will ask seen that another countries around the world. it is the front and that's very simple, it is the backend that is challenging, we want a system that works across the united kingdom and we're continuing to work on that. overin over in the lords peers have reacted with anger to reject their appeals over the investment into historical sex abuse allegations against the former conservative prime minister. who died in 2005. 0peration last year, they said he would have been questioned about 42 allegations, but a former private secretary to the former pm challenged ministers with these questions. as the government persists in refusing to commission an independent review of operation connifer, perhaps they will muster the courage to express a view themselves it produced not a single shred of credible evidence that he might of been guilty of child abuse, although a lot of credible evidence to show that he wa

our personalfinance reporter kevin peachey reports from cheltenham.e queueing up for flats like this. this particular property goes within 48 hours. the demand for it is incredible, especially one that is furnished like this, it just suits their needs. but it isn‘tjust here that young people are feeling the financial squeeze. housing organisations say spending more than 30% of your salary on rent is unaffordable. that means renting a one—bedroom home in your 20s would be unaffordable in two—thirds of britain and two people sharing a two—bedroom place would still find it difficult to manage in more than one in ten areas. one answer, say housing charities, is to build more for this young market. new developments like this look perfect for young tenants. new flats right in the centre of cheltenham, but it will be at least 40 years before they get into something like this because, like so many other newly—built properties in the town, these are retirement homes. that worries the local council, which wants to attract skilled young workers to the town. the

john lewis is trying to tempt shoppers to its new cheltenham store by offering them a chance to havet store chain is offering in a bid to revive its flagging fortunes. the kleenex mansize brand is being ditched after sixty years. the company is replacing the name with extra large tissues after public concern that the old name was sexist. kleenex for men, was launched in 1956. mecca bingo owner rank group has posted a hefty slump in sales over the past four months as high—rollers reined in their spending at the firm's casinos. investors taking a slice out of dominos pizza — as they buy into the stock — pushing up the value of the company. that's despite sales falling. it has launched a 25 million pound share buyback. a profit warning from flybe yesterday, now the collapse of cobalt, which flew to and from the uk to cyprus... the airline stocks are in for a turbulent time today. that's all the business news. back to brexit. the prime minister has confirmed the post—brexit transition period for the uk could potentially be extended. 0ur assistant political editor norman smith is at westm

bristol studio is brian lord, the ex—deputy director for intelligence and cyber operations at the cheltenhamhis is timed with the statement from the national cyber security centre, state m e nts national cyber security centre, statements from australia and new zealand, all pointing towards similar types of online cyber activity by the gru. this is simply pa rt activity by the gru. this is simply part of the ongoing war of words and activity between primarily russia and the uk and russia and the uk's allies. what would have happened had the attack been successful? cyber attacks are very different. does one wa nt to attacks are very different. does one want to disrupt the activity of the 0p cw want to disrupt the activity of the op cw or does one want to steal data from that organisation to find out what the nature of the investigation is, what they know and what degree of evidence they have? the nature of online cyber activity can perform a number of functions. this would have compromised the investigation into the gru investigation in salisbury. russia denies every time it had anything to do