Good afternoon. In the last hour, Rachel Reeves has used her fIrst Labour Conference Speech as chancellor to promIse that therell be no return to austerIty. After weeks of warnIngs about the dIre state of the publIc fInances, she trIed to convey a brIghter message, sayIng she Is optImIstIc about the uks economIc future. She was brIefly heckled by one protestor at the start of her speech. Our polItIcal correspondent Helen Catt reports. As you can see behInd me, people are stIll fIlIng out from the Conference Hall where Rachel Reeves gave her speech In the last hour or so. A much traIled speech, very antIcIpated because, as we know, there has been crItIcIsm about the gloomy outlook that the chancellor and the PrIme MInIster have been talkIng about. So durIng her speech today, we had the Chancellor Attempt today, we had the Chancellor Attempt to Inject some optImIsm, talkIng about the brItaIn that she hoped to buIld for the future. There were some focus on what labour had already done In
In cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a percentage point, bringing it down to between 4. 75 and 5 . A drop larger than many expected, with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed, Jerome Powell says the us economy is in good shape and they intend to keep it that way. Our North America Business correspondent Ritika Gupta has the details. The Federal Reserve has delivered a super sized Interest Rate cut aimed at bolstering the us Labour Market. The 0. 5 percentage cut, the first in over four years, brings its key Interest Rate, the federal funds rate, down to between 4. 75 and 5 . It comes amid Signs Inflation in america is continuing to fall, while the Job Market remains strong, even as unemployment h
Bumper cut the Federal Reserve slashes the cost of borrowing by half a Percentage Point. We take a look at what this says about the us economy. And the Bank Of England are minutes away from telling us whether theyre cutting rates or not. Markets think theyre staying where they are. Welcome to business today. We start in the us, and a big move by the Central Bank in cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a Percentage Point bringing it down to between 4. 75 and 5 . A drop larger than many expected with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed Jerome Powell says the us economy is in good shape and they intend to keep it that way. Our North America Business correspondent Ritika Gupta has the details. The Fede
Is perfomed by a team of vets in liverpool. And coming up on Bbc News, celtic get their Champions League Campaign off to a flying start with a Record Opening Win for brendan rodgers side. Good Afternoon And Welcome to the Bbc News at one. The bbc has today been contacted by more former harrods employees who say they were assaulted by Mohammed Al fayed when he owned the famous department store. It follows claims in a new Bbc Documentary by five women who say he raped them while they worked for him. The programme has uncovered evidence that, under mr Al Fayeds ownership, harrods not only failed to intervene but helped to cover up the allegations. Just to warn you, this report from Shaimaa Khalil contains descriptions of sexual violence. Yeah, i went back to harrods about a year ago. I knew if i could walk through and come out the other side, id be in a good place to be talking to you. Ijoined harrods because i wanted to be a buyer, and i ended up working for an absolute monster. When moh
The cost of Borrowing TodAy And follow the us CentrAl BAnk . Most economists think not ill explAin why. Its chAmpAgne, ChAmpions LeAgue FootbAll from celtic, As they score five goAls for their biggest win in the competition to stArt their cAmpAign. The mAnAger declAres it AbSolutely sensAtionAl. We Are live this morning At Knowsley SAfAri we Are live this morning At Knowsley SAfAri with we Are live this morning At Knowsley SAfAri with the world best exclusive. Meet sleeping AmArA. We Are going exclusive. Meet sleeping AmArA. We Are going to tell you About your teAm Are going to tell you About your teAm of Are going to tell you About your teAm of surgeons, he mAnAged to fix A broken teAm of surgeons, he mAnAged to fix A broken leg on this rhino. It mAy be on the grey side this morning for lots of you this morning thAt more sunshine to come. Will the fine September WeAther lAst . I will hAve the bAll becAuse here on its thursdAy, the 19th of september. The bbc hAs reveAled thAt the lAte