economy to go. they would like the uk economy to .o_ , ., they would like the uk economy to go.ch. let's get reaction from our correspodent in kyiv, hugo bachega how is this transition from liz truss to rishi sunak being regarded there? the uk has been a strong ally of the ukrainian since the start of the conflict with russia? it of the ukrainian since the start of the conflict with russia?- the conflict with russia? it has been one of— the conflict with russia? it has been one of ukraine's - the conflict with russia? it has been one of ukraine's main - been one of ukraine's main international allies. been one of ukraine's main internationalallies. here, officials are obviously watching it very closely but i don't think there is any concern that this change will affect the relationship or cause any kind of change in terms of the support that is being given by the uk to the ukrainians because the policy, the support that has been given was by and large designed as when borisjohnson was prime minister, liz truss was foreign secretary and rishi sunak was chancellor, so i don't thin

— minister of the uk? essentially, the eo - le minister of the uk?uk? essentially, the people have spoken to _ minister of the uk? essentially, the people have spoken to in _ minister of the uk? essentially, the people have spoken to in the - minister of the uk? essentially, the people have spoken to in the uk, i people have spoken to in the uk, they have varied reactions. a majority of them added that they're happy to see an asian or of indian origin getting the top job happy to see an asian or of indian origin getting the topjob in origin getting the top job in the uk. the topmostjob in the uk. and they are thinking of pride and not shying away from this because he's never shied away from his roots or his heritage, for that matter i think the summer, he went to the hindu temple and 11 supporters who practice the same religion, people i've spoken to, they take this as a moment of pride, much like our african—american student does in it with barack obama. —— much like african—americans did with barack obama. -- much like african-americans did with ba

uk. but the bbc has discovered that once they arrive in the uk, some nigerian doctors find themselves open to exploitation. i felt really trapped. a lot of people, theyjust can't fathom how you are able to be confined in a hospital for seven days working 2a seven. and when they try to leave their contracts, it's not always as simple as they think. this is a slave type work with excess hours, the like of which we thought had been gone 30 years ago. so we're close, guys. this is the part where i feel really, really tense. ifeel like, oh, god, i'm coming back to this prison again because it was a prison to me, like to coming back again to this place. dr augustine is a nigerian doctor who came to the uk two years ago. and how did you feel? i felt unctuous. today he's taking me back to that hospital that he says almost broke him. it's my room over there, the fourth floor. there you can see the windows open. so there's a doctor up there right now doing the same job i was doing. i still feel anx

in the uk fu'itsu is one of years ago. in the uk fu'itsu is of the i years ago. the government's top i one of the government's top five it contractors. the government _ five it contractors. the government is - five it contractors. the government is tending | five it contractors. the i government is tending to five it contractors. tue: government is tending to go five it contractors. tta: government is tending to go for large, small number of very large, small number of very large contracts that favoured very large suppliers, often international firms like fujitsu. international firms like fu'itsu. , . ., , fujitsu. fu'itsu officials in to 0 fujitsu. fujitsu officials in tokyo declined _ fujitsu. fujitsu officials in tokyo declined our- fujitsu. fujitsu officials in i tokyo declined our interview requests, saying that it's a matter for its uk subsidiary. fujitsu uk has said: as the company comes under scrutiny in the wake of the post office scandal, the question will be, what the challenges facing it globally will mean for its future. marika 0i, bbc news, in tokyo

assets, which is damaging and costly for uk companies, uk entrepreneurs.— entrepreneurs. of _ entrepreneurs. you are right. over the course of the - entrepreneurs. you are right. over the course of the last i over the course of the last leadership election, and 44 days of liz truss' premiership, doubt has been cast over the involvement of various institutions in the economic future of this country. how lasting that be, and how much is the reputation of britain dependent, or hinged upon, the chancellor and whoever he is currently paired with, with whoever becomes the new prime minister? , ., whoever becomes the new prime minister? ,., ., , minister? right, so there was an institutional— minister? right, so there was an institutional scorched - minister? right, so there was| an institutional scorched earth policy during the course of the summer. the negative briefing against the independent bank of england, the sidelining of the office for budget responsibility, which does the oversight and costing of the uk government's tax and spending measures, and then also on pretty mu

what is your outlook for the uk economy?— your outlook for the uk economy? econom ? ., , , , economy? our outlook is pretty bleak for a _ economy? our outlook is pretty bleak for a lot _ economy? our outlook is pretty bleak for a lot of _ economy? our outlook is pretty bleak for a lot of economies, i bleak for a lot of economies, not just the bleak for a lot of economies, notjust the uk but also europe as well. we're looking at a recession, we think it will over — you may have already started on the third quarter of this year and continue all the way through next year. and one of the reasons for that, and there may be even worse situations in the uk because of the political uncertainty that may damage investment, and also the fact that the uk — it is highly exposed to external events, so if we see a beginning elsewhere it will suffer from that. beginning elsewhere it will sufferfrom that. i don't think the conditions are particularly good for the uk over the next year. good for the uk over the next ear. , ., �* w y good for the uk over the next ear. , ., �*

i'll put a prediction out of that uk will win j prediction out of that uk will win next year— predictionthe year after! _ glasgow has to hosted the year after! ., �* ., ., , ., ~ ., glasgow has to hosted the year after! ., �* ., ., , ., . ., n after! you've got a vision, adam! i would say — after! you've got a vision, adam! i would say to _ after! you've got a vision, adam! i would say to all— after! you've got a vision, adam! i would say to all the _ after! you've got a vision, adam! i would say to all the people - after! you've got a vision, adam! i would say to all the people who i after! you've got a vision, adam! i i would say to all the people who have been thinking about coming to glasgow— been thinking about coming to glasgow for eurovision, come anyway. we had _ glasgow for eurovision, come anyway. we had an— glasgow for eurovision, come anyway. we had an amazing city. we've got the culture, — we had an amazing city. we've got the culture, the events, we've got a beautiful— the culture, the events, we've got a beautiful city to explore. come to glasgow — beautiful city to explor

the uk employment fi . ures with that. the uk employment figures will _ with that.th that. the uk employment figures will be out _ with that. the uk employment figures will be out in _ with that. the uk employment figures will be out in an - with that. the uk employment figures will be out in an hour l figures will be out in an hour and 20 minutes. now let's focus on the us economy. the outlook for us growth has been downgraded. this follows on the heel of a dire warning from the head of one of america's biggest banks. jp morgan chase's chief executive, jamie dimon, says the us is headed towards a recession in the next six to nine months. jimmy diamond is not one to mince words from his perch at the top ofjpmorgan, he has a keen eye on the american economy, he noted consumers are in a better financial position than they were be the financial crisis in 2008 and the economy remains relatively healthy, he will use the us is headed for a recession next year. the comments come as many economists worry about a possible recession has the federal reserve rapidly creases the

we need the uk to be a strong global player, the uk is but the challenges, like the ones we have seenink the us questions it but certainly the us wants the strongest possible ally in the uk. and that is why it is in the interest of the us to get these issues resolved sooner rather than later. well, as you can imagine — the leadership race has dominated the news agenda here in the uk. the morning papers have landed let's have a look at some of them. , , ,, ._ them. this is the sunday time is running _ them. this is the sunday time is running with _ them. this is the sunday time is running with a _ them. this is the sunday time is running with a headline - them. this is the sunday time is running with a headline the| is running with a headline the tory rights burning johnson as sir —— support four when max urges. looking at the daily telegraph, rishi sunak races to secure a majority. at the time it went to air —— print it that he had 77 people supporting him but that has now surpassed 100. he is not officially declared an interest. this is the daily mail. a rumour after the two men met

mil general to really boost growth right across the uk.— right across the uk.all right, thank you so _ right across the uk. all right, thank you so much. - right across the uk. all right, thank you so much. chris - thank you so much. chris southworth from the international chambers of commerce. that gives us a sense of what businesses are thinking that are in the trade relationships with other countries. let's get more reaction to the budget u—turn, we're nowjoined byjustin urquhart—stewart — founder of investment platform regionally. in terms of the changes the chancellor talked about yesterday, for example of the increase in corporation tax, that will go ahead now. changes to national insurance, etc. for someone running a business, what is in there that is good and what is not so good? this what is in there that is good and what is not so good? as you have been _ and what is not so good? as you have been talking _ and what is not so good? as you have been talking about, - and what is not so good? as you have been talking about, the - have been talking about,

i want to go to the uk, uk. i want fulfilment in my craft.hs has a working system and that's what i want. when i go to the uk, i want to consider a residency in family medicine. in general practice. we described what we'd seen to the british medical association, the trade union for doctors in the uk. is the british government complicit, do you think, in active recruitment? certainly they will be aware if the british council is enabling a mass scale taking of the plab exam. it would be a, i think, misleading for the department of health and social care to say that they did not know about this. indeed, they are trying to take some active steps with the code of practice to discourage it. but they know this is a red list country, don't they? absolutely. and yet this is overseen by the british council, which is funded by the foreign office. absolutely. so there's an element of one hand giving in the code of practice and the other hand taking away. the department for health and social care rejects that and says responsibility for arranging lab exam

what do you make of the uk government'sl make of the uk government's decision on this?n the short or medium term, in terms of long—term strategy, is it likely to provide a more robust supply than expanding renewable energy sources further? , . further? this could also increase _ further? this could also increase the _ further? this could also increase the cost - further? this could also increase the cost for - further? this could also | increase the cost for the consumer. in this moment we have to consider three main points. energy security, reliable system for everybody, also the price. the price cannot be very high. recently a policy report showed that the more gas that could be invested in the uk, the more it will cost to the consumer. so we also have to take that into consideration.— consideration. 0k. really interesting _ consideration. 0k. really interesting to _ consideration. 0k. really interesting to get - consideration. 0k. really. interesting to get analysis. thank you. thank you. let's stay here — thank you. thank you. let's stay here in _ thank you. thank y

let's go back to uk politics.onomy faces profound challenges, he says. and i want to look at one issue that he and others have raised this week — brexit. as he took office on tuesday, rishi sunak turned to the conservatives�* election manifesto of 2019. i will deliver on its promise, building an economy that embraces the opportunities of brexit. mr sunak wants to build the economy, but there's no shortage of people who say brexit isn't helping do that. brexit is and was and will be a total disaster. brexit is doing the economy real damage. brexit as negotiatedj is frankly a disaster. rishi sunak would not agree that brexit is a disaster, and however it is described, based on available evidence, this is what we know about brexit and the economy. in 2020, then prime minister boris johnson agreed a trade deal with the eu in which the uk left the single market and the customs union. mrjohnson saw it as... a deal which will, if anything, allow our companies and exporters to do even more business with our european frien

* ,. ., ., , the uk.gs through a dog's eyes can i things through a dog's eyes can make all the difference things through a dog's eyes can make all the diff safe. more coming up from 2 of course. but we will leave you now with the weather. hello, more of the same today and over the next few days. some rain, some sunshine, back to rain again and of course staying very mild. yesterday the temperatures exceeded 20 celsius in the south. this will happen again on thursday and friday. in fact, if we look at the satellite, you can see where the weather is coming from, they are carried by this warm current of air from the south climes, spreading towards the uk and scandinavia. so let's look at the picture this afternoon. up to 21 or 22 in east anglia and the south—east. mid or high teens in most of the uk. a lot of bright weather this afternoon after that damp start. but it will stay cloudy across parts of scotland through the afternoon. this evening the next front approaches, gusty winds to the west and particula

that to uk -- us political turmoil, and that to uk —— us elections, can the uk count on days and monthss, i do not see that fundamentally in doubt. what i think is not likely that the us could do is step in if needed in any significant way other than the good solid relationship we have now. there had been discussions about possible uk us trade deals as the uk left the eu but that has founded and largely founded because of the change in the administration in the us because of us domestic politics. one of the things that could be good for a relationship going forward would be to reach a bilateral trade agreement between both countries that would approve the economies in both countries. i think that is possible but not probable, in large part because of the political challenges that we face here domestically in the united states. i am glad you brought this up because as you mentioned during the present campaign that was a fanfare about the great us uk trade deal that would come but has never materialised.— never materialised. you say that theoretically _ never materialised. you say that th

_ this summer said it wasn't in the uk's interest to have a trade _ the uk's interest to have a tradepolitically considering how fractious the conservative party _ fractious the conservative party is, _ fractious the conservative party is, it may be difficult rishi — party is, it may be difficult rishi sunak to be seen to making _ rishi sunak to be seen to making compromises with the eu. so in _ making compromises with the eu. so in brussels this evening their— so in brussels this evening their thinking is that at best eu business won't be a top priority— eu business won't be a top priority for rishi sunak but at worst— priority for rishi sunak but at worst he _ priority for rishi sunak but at worst he could be tempted to court — worst he could be tempted to court controversy over the northern ireland protocol to show — northern ireland protocol to show a _ northern ireland protocol to show a political support in eurosceptic quarters back home. let's cross back to the us. david blanchflower formerly sat on the bank of england's monetary policy committee, and is currently a professor o

but presidents and uk prime ministers from opposite ends of the uk spectrum —— political spectrum have invest too much of the president's time in that.— president's time in that. sarah smith, president's time in that. sarah smith. thank— president's time in that. sarah smith, thank you. _ president's time in that. sarah smith, thank you. from - president's time in that. sarah - smith, thank you. from washington president's time in that. sarah smith, thank you. from washington to brussels to speak to katya adler. when we think of the ongoing conflict in ukraine we think of issues that are unresolved after brexit. what does the european union make of yet another prime minister to deal with?— to deal with? first of all there are some raised _ to deal with? first of all there are some raised eyebrows _ to deal with? first of all there are some raised eyebrows and - to deal with? first of all there are some raised eyebrows and caustic comments — some raised eyebrows and caustic comments about losing count of the number— comments about losing count of the number of— comments about losing cou

so where could the rover go — the uk. so where could the rover go instead _ the uk. the uk. so where could the - rover go instead of mars? one option could be to swap the red martian terrain for the great lunar landscape. this rover was designed for mars. if it is heading to the moon it will need some modifications. the lunar surface can get as hot as 120 celsius and as cold as —230 so this will have to cope with extremes. there is also a problem with light. the moon get two weeks of daylight followed by two weeks of darkness, and this will be a challenge for solar power. and then there is the fine lunar dust. it is particularly clingy and abrasive which could be an issue for the rover�*s moving part. lunar exploration is having a resurgence right now. nesehs having a resurgence right now. neser�*s new artemis rockets will soon be heading there and eventually taking astronauts to the moon's surface. the idea is to have a permanent lunar base and rovers could play a crucial role. it and rovers could play a crucial role. .., , , and rovers could play a crucial role. ,

i think the uk, like the us, the us? i think the uk, like the us, a — the us? the us, a lot of _ the us? i think the uk, like the us, a lot of countries i the us, a lot of countries right now are facing these inflationary pressures. the number one thing people are speaking about in the us is inflation, certainly among the biggest topics going into these elections in three weeks. the newest numbers from last week showed inflation at 8.2% in the us over last year. that's a big dealfor us over last year. that's a big deal for boaters, who are seeing these prices notjust a number in the reports, but really seeing these prices reflected in their purchases. —— voters. it is pressure that biden and the democrats are facing. the president gets blamed when the economy is not doing well. so while president biden is not on the ballot next month, the democrats who are are going to be facing it, similar to the pressures your leaders are facing in the uk. part of the pressures internationally comes on the strength of the us dollar. some decades ago, i believe a one—time trea

but the uk and india have yet to wrap up a deal. negotiations. does he think the return of suella braverman makes a difference? in terms of public image i think rishi sunak has taken a bit of a hit because of notjust her statement but the fact she had to resign,s and that he has taken her back doesn't go well. 0n the day he entered number 10, rishi sunak wore a sacred hindu thread on his right wrist. but will his personal ties make an impact on the political and the much—awaited trade deal with india? rajini vaidyanathan, bbc news, delhi. now a look at some other stories making the news today. iranian security forces have opened fire on protesters in several cities, including tehran, who were marking 40 days since the death in custody of mahsa amini. she was accused of wearing her hijab incorrectly. in her home town thousands of people marched to her grave, many of them shouting "death to the dictator". president putin has overseen russia's annual exercises involving strategic nuclear forces — amid growing fears of an escalation of

we do have good energy supplies in the uk. we can get - supplies in the uk.ays looking for ways we can improve the price for consumers. that is why i put in place the energy price guarantee, as well as making sure that we have as much supply as possible. but making sure that we have as much supply as possible.— supply as possible. but with volatile gas _ supply as possible. but with volatile gas prices _ supply as possible. but with volatile gas prices and - supply as possible. but with volatile gas prices and the l supply as possible. but with i volatile gas prices and the war supply as possible. but with - volatile gas prices and the war in ukraine, this could be a no other, and an awful lot is riding on the weather. at least 38 people, many of them young children, have been killed by a lone attacker who targeted a nursery in north—eastern thailand. the man, armed with a gun and knife, stormed into the building. in the town of uthai sawan. 0ur correspondentjonathan head reports from there. his report contains some distressing images. the community consumed

~ ,., 4' more to a wider audience across the uk? ~ ,., ~ , .,, ., uk?ple are becoming more aware of that. i uk? i think so, i think people are l becoming more aware of that. and uk? i think so, i think people are - becoming more aware of that. and in the uk ourselves, through our ancient history, we have a great tradition of this as well. you go right the way back to be a wolf and that epic tale was written in poetry, and my own culture, my mother is from finland, so, a lot of the nordic histories and legends were relayed through poetry. but! were relayed through poetry. and which are your — were relayed through poetry. and which are your favourite poets, when you're trying to encourage people, if you are talking to a group of youngsters or old folks, who do you recommend? filly. youngsters or old folks, who do you recommend?— recommend? oh, that is so difficult because there _ recommend? oh, that is so difficult because there are _ recommend? oh, that is so difficult because there are so _ recommend? oh, that is so difficult because there are so many -

the uk's economy has longer—term the uk's economy has longer—term issues as well.al crash of 2008, productivity has stagnated. it's a complicated picture, but the obr and many economists argue brexit is part of it. for his part, lord frost says patience is required. i think the whole british political system is going through a bit of a convulsion after brexit. and it's not surprising when you get this sort of huge change, and i think it has some way to play out yet. as it plays out with a new prime minister in charge, rishi sunak has the chance to deliver the economic opportunities of brexit that he has long promised. but based on available evidence, brexit in his current form is one of the things constraining the growth of the uk economy. as we consider rishi sunak�*s first week at the helm, turn to a quote his predecessor wanted to share. as the roman philosopher seneca wrote, it's not because things are difficult that we do not dare, it is because we do not dare that they are difficult. of course, in the case of liz truss, she dared and made things more difficul

., ., the uk.ank of england now rather than what we were seeing under liz truss? ~ ., ~' than what we were seeing under liz truss? ~ ., ,, ., ., truss? working in tandem with our institutions is _ truss? working in tandem with our institutions is really _ truss? working in tandem with our institutions is really important - institutions is really important because as we have seen, markets will react and we need to have that market stability. that is a precondition and that needs to be prioritised right now. that is what business will be looking for. hogs business will be looking for. how bi a shift business will be looking for. how big a shift is _ business will be looking for. how big a shift is this _ business will be looking for. how big a shift is this reversal of national insurance and corporation tax going to mean for business? i think the corporation tax affects businesses up above 250,000 a year. the smallest businesses won't be affected, but how much of a disincentive will that be to indust

this time, though, the uk government says no.urt in london, with the scottish government arguing that it's in the public interest to settle the matter. and the uk government saying the case is "abstract, hypothetical and premature". the five judges could take several months to issue their ruling. if they do say no to a second vote, scotland's first minister nicola sturgeon says she'll go to the people and treat the next general election as an independence referendum. her opponents say theyjust wouldn't accept that. but with the polls on independence split more or less down the middle, the issue looks set to dominate scottish politics for years to come, whatever the judges decide. the chefs jamie oliver and tom kerridge are among the famous faces calling on the government to allow children from all families in england on universal credit to have free school frees. jamie 0liver says extending the scheme would save households money and help to boost the economy. but ministers say using universal credit is not the best measure forfin

i want to go to the uk. the uk. i want fulfilment _ you succeed? i want to go to the uk. the uk.t? certainly, they will be aware, if the - in active recruitment? certainly, they will be aware, if the british | they will be aware, if the british council is enabling mass scale taking of the exam, it would be i think are misleading for the department of health and social care to say that they did not know about this. indeed, they are trying to take some active steps with the code of practice to discourage it. but they know _ of practice to discourage it. but they know this is a red list country, don't they? and country, don't they? absolutely. and et, this is country, don't they? absolutely. and yet, this is overseen _ country, don't they? absolutely. and yet, this is overseen by _ country, don't they? absolutely. and yet, this is overseen by the - country, don't they? absolutely. and yet, this is overseen by the british i yet, this is overseen by the british council which is funded by the foreign office?— council which is funded by the foreign office? council which is funded by the

uk prime minister liz truss reiterated the claim saying this was a distraction. the focus is now building a high growth economy to boost wages and create opportunities let's get to the market reaction to the announcement. a major u-turn sterling triading higher against the dollar in the gilt market action, this was a source of tremendous action triggering the intervention from the bank of england to shore up bond markets here is how gilts are trading. yields moving lower across the curve. 10-year gilt 0.3%. yields moving lower across the board. in terms of equity markets, the ftse is down 1.4%. we seeing a pull back in european stocks after the bounce back on friday ftse trading with europe overall. arabile is in birmingham what a morning the first conservative party conference and it is one with plenty of action i think the big question for ma markets, arabile, if the country was to listen and cut back to the 45% tax rate what more changes could be in the queue? >> reporter: joumanna, straight out of the frying pan and straight into the fire that has been the ca

debt. brute u-turn, because it looks messy -- to cut the uk's debt.— cut the uk's debt.e should have had an obr forecast at _ cut the uk's debt. we should have had an obr forecast at the - cut the uk's debt. we should have had an obr forecast at the time . cut the uk's debt. we should have| had an obr forecast at the time of the statement the chancellor made on friday a week ago, that would have settled the markets and saved a lot of problems that have subsequently occurred. it is very positive that this forecast has been brought forward, and the plan the government will produce at the same time, because providing it is credible and the market see as such, it will start to further settle the markets, take pressure off increasing interest rates, lower the expectations a little as to why inflation might otherwise go and provided it is before november the 3rd when the monetary policy committee meets in order to set interest rate rises, the base rate, that could perhaps have an impact on that could perhaps have an impact on that committee of making them feel they do not have

argue worried about the uk's commitment on climate? i worried about the uk's commitment on climate?nce _ climate? i believe uk people housed today enough conscience about - climate? i believe uk people housed today enough conscience about whati today enough conscience about what climate change means.— climate change means. mystical terrors, i didn't _ climate change means. mystical terrors, i didn't ask— climate change means. mystical terrors, i didn't ask about - climate change means. mystical terrors, i didn't ask about the i terrors, i didn't ask about the people, i asked about the government.— people, i asked about the covernment. . . ., people, i asked about the covernment. . . . , people, i asked about the covernment. . . , ., government. what i am saying is that the governments _ government. what i am saying is that the governments are _ government. what i am saying is that the governments are accountable - government. what i am saying is that the governments are accountable to l the governments are accountable to the governments are accountable to the people, and i believe t

prime minister liz truss pledges to get the uk economy moving. what is moving on up though — the cost of borrowing for homeowners, businesses and the government itself. whenever there is change, there is disruption. not everybody will be in favour of change. but everyone will benefit from the result. a growing economy. estimated reading. analysts warn the cost of helping uk households with their energy bills could spiral to £140 billion if gas prices keep rising. fuelling controversy. opec slashes production to boost oil prices, sparking an angry reaction from president biden. plus — too broke for beauty? women around the world say they are cutting back on cosmetics — so how is the industry responding? we'll hear from a top entrepreneur. we start here in the uk, where as you've been hearing, prime minister liz truss has been presenting her plans to boost the economy — in her keynote speech to the conservative party conference in birmingham. she re—stated her commitment to lowering taxes just two days after being forced to abandon a pledge to cut

uk can survive delete microphone stability. good for europe. stability is very important and we would like to see the uk's system, within its capacity, to be in a position to have a successor selected as quickly as possible and that stability will be brought to the situation, given the fairly significant geopolitical issues facing europe. at the weekend, joe biden took the unusual step of making clear he was no fan of liz truss�*s economic policies. i disagree with the policy, but that�*s up to great britain to make thatjudgment, not me. today, he had warmer words for her. look, she was a good partner on russia and ukraine, and the british are going to solve their problems, but she was a good partner. but diplomats who spent their careers trying to build up britain abroad, such as this former ambassador to the us, are looking on at the political turmoil of the past few weeks with horror. our reputation built up over decades seems to me to have been sacrificed, to have been ruined almost overnight. it�*s a really sad moment, to

this is bbc news with the latest business headlines for viewers in the uk and around the world. and then they were two — as borisjohnson drops out of the conservative party leadership contest, ex—chancellor rishi sunak looks most likely to become the next prime minister. so what will his economic policies be? china's president xi cements his grip on power with a new leadership team. we bring analysis on what this means for the world's second largest economy. and as hindus celebrate diwali worldwide, we check out how small—businesses in singapore make the most of the opportunity. more now on the day ahead in the uk, and we could know as early as this afternoon who the next leader of the conservative party is and therefore our prime minister. as you've been hearing, borisjohnson has pulled out of the contest, saying the time isn't right and would not lead to much needed party unity. this leaves two contenders — former chancellor rishi sunak and the leader of the house of commons, penny mordaunt, with mr sunak currently the front runner. by 2pm this afternoon if penny mordaunt hasn

his parents, of indian descent, came to the uk from east africa. about the sacrifices they made to send him to winchester college, a top private school. he talked about the experience in a bbc documentary. you know, i have friends who are aristocrats, i have friends who are upper class, i have friends who are working class but — well, not working—class — but i mix and match and then i go to see kids from an inner city state school and tell them to apply to oxford and talk to them about people like me. after oxford university, a career in banking and his marriage to the daughter of a billionaire made him extremely wealthy. political opponents have commented on his expensive houses, clothes and shoes, suggesting he is out of touch with ordinary people. the revelation that his wife had non—dom tax status proved politically toxic. he said he had informed senior civil servants when hejoined government but a u—turn followed. she has always followed all the rules but she recognises this goes beyond just following those rules so she has decided to pay both

n of that summit in prague and what it means exactly for the uk?— means exactly for the uk?for the uk? i mean, i think there was _ means exactly for the uk? i mean, i think there was a _ means exactly for the uk? i mean, i think there was a lot _ means exactly for the uk? i mean, i think there was a lot of— means exactly for the uk? i mean, i think there was a lot of scepticism i think there was a lot of scepticism about this meeting and whether it would really deliver anything but what it does seem to have delivered is an improved relationship, for now, between the uk and france. we havejust now, between the uk and france. we have just heard liz truss talking, one of the things that she is coming back to the uk with is the potential re—admittance of the uk to the north sea energy co—operation, which means that they work together on things like interconnect is, offshore wind as well. but she also had this bilateral with emmanuel macron, the french president, where they also agreed to step up their efforts to tackle people trafficking, particularly those small boat crossings

if weakening northern ireland's place in the uk.— place in the uk.e secretary of _ place in the uk. if the secretary of state - place in the uk. if the i secretary of state wants place in the uk. if the - secretary of state wants to hold an election than he should tell us and we will prepare for that election. if not then let's focus on what really needs to be done which is to find a solution that restores northern ireland's place within the united kingdom and removes the united kingdom and removes the protocol and the harm it is doing to our relationship with the rest of the uk.— doing to our relationship with the rest of the uk. sinn fein, the rest of the uk. sinn fein, the largest— the rest of the uk. sinn fein, the largest nationalist - the rest of the uk. sinn fein, the largest nationalist party, | the largest nationalist party, themselves pulled out of power sharing back in 2017. so the crisis facing voters is one many feel has been seen too many feel has been seen too many times before. sinn fein has been critical of the dup�*s decision. has b

there are so many issues they want to talk to the uk about, that the uk has something to offer, thatuss with the uk, depending what the issue is. and yet there is such a fast turnover, notjust of leaders, but also of ministers. just the foreign ministers. i talk to foreign diplomats and a sort of go, you invest, you build up a relationship, you start a relationship and then suddenly they are gone. here today, gone tomorrow. so what's the point, why should i as foreign minister, a foreign diplomat invest in the uk? is that going to change now, or is this part of the churning process still? the outside world is just going to look and say, what decisions does mr sunak make? what does he do when it comes to the big decisions? for example, ukraine. if you are, i don't know, a european leader, particularly in eastern europe, you are looking very closely to see whether or not mr sunak will continue the policy as promoted by initially borisjohnson and then by liz truss. now, mr sunak says he will continue that policy, he will redouble and reinforce briton�*s support for ukraine. but he hasn'

what a day in the uk the uk gilt in the market v reaction the 10-year trading at 3.9%.t's get to arabile i'm keen to hear the latest from him. he is on the ground covering it for us arabile, is it looking like we will have a contest or is it in the bag for rishi sunak? >> reporter: that's a key question, julianna nobody knows for sure, i suppose. it does point to the gilt market which is pointing toward what could be known as a rishi rally. not knowing for sure at present, we know penny mordaunt is in the running for prime minister we haven't heard her back away from it. maybe something is afoot maybe she is able to gather enough votes to still stand as nominee for prime minister if that is the case, of course, we move beyond 2:00 p.m. today and we move all the way toward friday because then the party will decide. the conservative party that is will decide who will become the prime minister from now, however, we know that verbally and vocally, we are hearing there are 25 backers for penny mordaunt what an interesting element that brings because on the other side, nearly

this is bbc news with the latest business headlines for viewers in the uk and around the world. have you wrecked the economy, prime minister? doubling down. uk prime minister liz truss says she won't abandon her tax giveaway or cut public spending. as investor panic grows about the government's finances. what we will make sure is that over the medium term, the debt is falling. but we will do that not by cutting public spending but by making sure we spend public money well. keeping a lid on the turmoil — for now. the bank of england spends billions supporting the bond market after government borrowing costs soar to a 20—year high. no end to the strong dollar. us interest rates are going higher and staying there for longer, according to policymakers at the federal reserve. also coming up: digging ourselves into a hole. how climate change is threatening the world's soil and our future food supply. we start here in the uk, where pressure is growing on prime minister liz truss and chancellor of the exchequer kwasi kwarteng to rethink their economic plans. financial markets have been

here's our uk political corresondent ione wells.ople of northern ireland deserve a functioning government, but the reason they are not our over issues of the northern ireland protocol which keeps northern ireland in the eu single market. the question is, will any of those issues be resolved? the key demand from the uk site is they want a loosening of checks on goods travelling from great britain to northern ireland, they also want changes to things like tax arrangements and government support for businesses in northern ireland to bring that more in line with ones in great britain. now the foreign secretary james cleverly today spoke to his eu counterpart — they will continue talking, but if those talks fail, there is a new law passing through the westminster parliament here which would allow essentially ministers to override key parts of that protocol. the eu think this is illegal and have hinted they could introduce trade retaliations in response. the key question now for the new prime minister, rishi sunak, is would he be willing

the uk economy is in long—term decline, the uk economic model is failing and failing badly.ional comparators, indeed as the first paper in this series demonstrated, it is substantially poorer than independent european countries comparable to scotland. it has more national income per head, wider inequality, higher rates of child and pensioner poverty and more lower productivity. more and more the uk looks like an outlier in economic policies, performance and social outcomes.— social outcomes. nicola sturgeon outlinina social outcomes. nicola sturgeon outlining the _ social outcomes. nicola sturgeon outlining the case _ social outcomes. nicola sturgeon outlining the case for— social outcomes. nicola sturgeon outlining the case for scottish - outlining the case for scottish independence. let's go to our scottish correspondent james shaw. james, still constitutional hoops to get through for there to be a referendum.— get through for there to be a referendum. , ., , . ., referendum. yes, that is right. what was interesting, _ referendum. yes, that is right. what was interesting,

we do have good energy supplies in the uk, we can get through the i in the uk, we can get through thee can improve the price for consumers. that's why i put in place the energy price guarantee, as well as making sure we have as much supply as possible. the last time we — have as much supply as possible. the last time we had blackouts was back in the 70s. national grid says this worst—case scenario is unlikely, but today stark warnings show how challenging the situation is. an awful lot is riding on the weather this winter. emma simpson, bbc news. well, as we saw, the prime minister has been talking about energy security at a european summit in prague. she was attending the first meeting of a new club of nations called the european political community. the brainchild of the french president emmanuel macron, it was attended by the leaders of more than 40 countries — with the war in ukraine and energy security top of the agenda. our europe editor katya adler reports from prague. the uk is back — not on the eu but the wider european stage. that was the prime minister's determined message

changing lives is the first team in the uk... i'm veryl the first team in the uk...'m very glad tojoin the team, _ the first team in the uk... i'm very glad tojoin the team, and - the first team in the uk... i'm very glad tojoin the team, and i must i glad tojoin the team, and i must say glad tojoin the team, and i must say thanks— glad tojoin the team, and i must say thanks so _ glad tojoin the team, and i must say thanks so much _ glad tojoin the team, and i must say thanks so much to _ glad tojoin the team, and i must say thanks so much to david - glad tojoin the team, and i must - say thanks so much to david simon's. we've _ say thanks so much to david simon's. we've come _ say thanks so much to david simon's. we've come together— say thanks so much to david simon's. we've come together for— say thanks so much to david simon's. we've come together for changing . we've come together for changing lives— we've come together for changing lives f0 _ we've come together for changing lives fc. we know each other from the team, — lives fc. we know each other from the tea

the uk economic— do not envy you. the uk economic outlook- do not envy you.ou. the uk i economic outlook has been lowered to negative by the ratings agency moody. why would moody's do this? what metrics do they look at? you moody's do this? what metrics do they look at?— moody's do this? what metrics do they look at? you are facing twin problems _ do they look at? you are facing twin problems that _ do they look at? you are facing twin problems that have - do they look at? you are facing twin problems that have no - do they look at? you are facing l twin problems that have no easy solution. both really high double—digit inflation and a recession. the antidote for inflation is higher interest rates but that makes a recession worse. and so it will be a difficult time for a while until the recessionary pressure is lessened. until the recessionary pressure is lessened-— is lessened. are we looking at a cuick is lessened. are we looking at a quick fix _ is lessened. are we looking at a quick fix to _ is lessened. are we looking at a quick fix to get _ is lessened.

_ had spending limits like we have in the uk. , ,, the uk. i was talking about rhianna releasing more music on friday but we have more important things. the wba basketball star who has been detained in russia, her appeal was rejected, the appeal of her nine—year sentence was rejected, this was in relation to drug charges, she was carrying the canister containing cannabis oil in her luggage, and she has of course apologised and said she didn't know how much she was carrying, an international community at large has called what is going on a fast and an illegitimate proceeding, but nonetheless the court have rejected the appeal. the silver lining, i suppose, is that we have heard from the state department that now the appeal stage is behind her that this now could unlock new negotiations, so we're just waiting to see or not brittney griner is going to be able to be released, but i know it is extremely worrying for her loved ones and of course for the basketball community, internationally. she is a beloved star and it is a really depressing and d

nurses across the uk are

warnings of blackouts to uk ministers... we do have good energy supplies in the uk.through the winter. ..struggling to keep control after spooking the markets... i get it, and i... and i... are you sorry?! i changed the policy. are you sorry? of course i'm sorry. ..and plenty of the public. the question that confronts us, wherever you are this morning — how to be sure this... ..doesn�*t happen. this morning we'rejoined live in the aberdeen art gallery by scotland's first minister, nicola sturgeon. from oxford by the one—time liz truss superfan and former culture secretary, nadine dorries. from london by the prime minister's fixer — the cabinet office minister nadhim zahawi. and with me here in aberdeen is a man known by millions as dijimmy peres. douglas henshall is here to talk about why he walked away from shetland, and what's next for him. and with me to reflect on the interviews and look at what is making the news is the former labour chancellor alistair darling, the snp mpjoanna cherry — a radical, not a rebel — who was sacked from the frontbench and the chief o

qm. existence, and we highly appreciate uk support in this fight.— uk support in this fight. 0k, and in this fight. 0k, and in that fight, mariia _ uk support in this fight. 0k, and in that fight, mariia mezenseva, - uk support in this fight. 0k, and in | that fight, mariia mezenseva, when you say defending and is not rebuilding yet, are you getting the weapons that you need? yes. rebuilding yet, are you getting the weapons that you need?— rebuilding yet, are you getting the weapons that you need? yes, we are, but i would — weapons that you need? yes, we are, but i would like _ weapons that you need? yes, we are, but i would like to _ weapons that you need? yes, we are, but i would like to raise _ weapons that you need? yes, we are, but i would like to raise awareness . but i would like to raise awareness of everyone who is watching us right now. we need more anti—missile, anti—tank systems, more of nato standard artillery. that is what we need to not fight only for ukraine, but to fight for all our partners in the sub continent of europe and beyond. forthis the sub continent of euro