but russia s president putin says the missile strike is retaliation for what he called a terrorist attack by ukraine on a key bridge in crimea. chancellor kwasi kwarteng has agreed to bring forward the publication of his economic plans to october 31st. criminal barristers in england and wales have voted to suspend strike action after accepting a government pay offer. hello and welcome to bbc news. russia has carried out a series of missile strikes on cities across ukraine, in the most widespread bombardment since the early weeks of the war. the capital city of kyiv has been targeted for the first time in months. and there have been explosions in other cities including lviv, dnipro and zaporizhzhia. ukraine says at least 11 people were killed and 64 injured in the attacks. vladimir putin says the strikes are moscow s response to an attack over the weekend on a strategic road and rail bridge from russia to occupied crimea. the russian president says that was an act of terrorism
now the family of mahsa amini say they ve been threatened. russia has carried out the most widespread bombardement of ukrainian cities since the begining of the war in an act of retaliation for saturday s explosion on the bridge connecting russia with occupied crimea. take a look at this. this girl was walking past taras shevchenko national university, in a cultural discrict of kyiv. she thankfully survived a near miss, others were not so fortunate. this footage was captured close to the university as ukrainian emergency services respond to the wounded. so far 11 dead have been reported, and 64 wounded. were damaged in the explosion. it s the first time moscow has targeted downtown kyiv since the start of the war. the bbc has been speaking to residents near the blast site. translation: 0h, translation: oh, it is horrible this is our life and translation: oh, it is horrible this is our life and just translation: oh, it is horrible this is our life and just now, translati
announced by his predecessor, kwasi kwarteng, in last month s mini budgetjust three weeks ago. in an emergency statement this morning, he abandoned indefinitely the planned ip cut in the basic income tax that was due to come next year. help with energy bills will now only last until next april. instead of for two years, and then that will be reviewed. today, jeremy hunt claimed all of those announcements will save £32 billion a year, but he also warned that there are going to be more difficult decisions ahead on tax and spending to cut government debt. he will be addressing mps in the commons later this afternoon, some time after lipm. before then, there will be an urgent question in there will be an urgent question in the commons asked by sir keir starmer. it will not be liz truss responding to that, it will instead be penny mordaunt. so plenty ahead in the commons. in terms of the market reaction, jeremy hunt said that he had sought to reassure the markets this morning and
flanders and claire barrett. we have got stephanie flanders from bloomberg economics on the podcast. hello. hello, hello. and another friend of the podcast, claer barrett, from the financial times. thank you for having me. i m glad you re here, so, interest rates at 3%, stephanie. gives a sense of how that feeds into real lives. in gives a sense of how that feeds into real lives. into real lives. in terms of money that into real lives. in terms of money that is into real lives. in terms of money that is about - into real lives. in terms of money that is about 2 - into real lives. in terms of. money that is about 2 million people in the country who are on a variable rate the biggest since the 80s or 90s depending on who you believe. and for somebody with the average size mortgage, that is going to add nearly £80 a month or £1000 a year, just from today s rise, but of course, that is the eighth rise we have had in succession from the bank of england. there is more pain t
2 million people in this country who are on a variable rate mortgage who will immediately see the impact of that 0.75% rise we have had today. the biggest since the 80s or 90s depending on who you believe. and for somebody with the average size mortgage, just from today s rise, but of course, that s the eighth rise we have had in succession from the bank of england. there s more pain to come for around 2 million people you roll off their mortgage fixed rates next year. they might see an even bigger rise because they re on a really low rate now and it ll probably be higher than it is next year, so again, somebody with the average size mortgage, they can expect to pay around £250 more per month, or £3000 a year, and that s based on a mortgage of 130,000 so obviously if you have a bigger mortgage, you will have bigger repayments. trying to work out from listening to the various contributions we ve heard today, whether it be andrew bailey at the bank of england orjeremy hunt