in energy bills from tomorrow, despite government help to limit price rises. plus: auto austerity! citroen s answer to the energy crisis a cheap electric car made of recycled plastics and cardboard! hi, there. prime minister liz truss and chancellor of the exchequer kwasi kwarteng will be trying to rebuild the confidence of financial markets today after a week of turmoil sparked by their economic plans last friday. they are to meet with the head of the uk s government spending watchdog, the office for budget responsibility. the obr s role is to give independent oversight of borrowing and spending plans. critics say it should have been involved from the start. the pound hasjumped the most against the dollar in over two years, erasing all its losses over the past week. this, after the bank of england continued to pump money into the bond markets to prop up the value of uk debt. the prime minister though is still insisting her tax cutting plans are right for the british econ
markets. meanwhile, ministers continue to defend plans. we had to act really quickly continue to defend plans. we had to act really quickly last continue to defend plans. we had to act really quickly last friday - continue to defend plans. we had to act really quickly last friday to - act really quickly last friday to give people confidence on energy. in give people confidence on energy. in the afghan capital kabul a blast targeting students preparing for exams kills at least 19 people. record numbers of nurses are quitting the nhs in england with more than 40,000 leaving in the last year. hello and welcome if you re watching in the uk or around the world. in ukraine, 23 civilians have been killed in the southern city of zaporizhzhia after a russian missile struck a convoy of vehicles. that s according to the governor of the province. initial pictures that have started coming in show ambulances arriving at the scene. 0ur correspondent who s just arrived there reports that
let s start here in the uk where the new chancellor has been holding crunch talks with the prime minister on sunday to thrash out plans on tax and spending. jeremy hunt says his focus is on growth underpinned by stability. the value of the pound has gone up against the dollar in early trading today in asia. we will look at the market numbers in a moment because the new chancellor has the tough task of restoring economic credibility in the financial markets. our international trade correspondent dharshini david explains some of the tough challenges he faces. as international trading resumed for the first time after the chancellor wrapped up an economic strategy launched just one month ago, but his version, will it reassure other financial markets? let s look at those challenges, because this is the cost of new government borrowing, as dictated by the bond markets, which also impact mortgage rates. that rate remained high on friday then it was prior to september s mini budget.
are you a first time buyer, have recently taken on a mortgage or are looking to move how is this impacting you? do get in touch on twitter @annitabbc or use the hashtag #bbcyourquestions. cuba is completely without power after hurricane ian has struck the western end of the island. two people are reported dead. florida now braces itself for the category three hurricane with life threatening winds, floods and tidal surges. leaders of several european countries claim that rare gas leaks that have hit the nordstream pipelines were not accidents but deliberate acts . gas flows in the nordstream 1 pipeline were stopped in august. the president of ukraine has pledged to protect citizens in areas of his country which could be annexed by moscow after the kremlin held unofficial referendums. hello and welcome if you re watching in the uk or around the world. watching in the uk the international monetary fund which works to promote stability in the global economy has criticise
support for a penny from colleagues. we had that support from all sides of the party yesterday. and last night borisjohnson put an end to days of speculation about a comeback when he dramatically pulled out of the race saying it would not be the right thing to do . rishi sunak praised johnson for his achievements after he pulled out of the race nominations close at 2pm that s when we should find out whether or not there has to be a ballot of conservative party members or if one person will be moving straight into number ten. we ll be bringing you updates throughout the day. i m lewis vaughan jones some other headlines. the us, britain and france condemn russia s claim that ukraine is preparing to use a radioactive dirty bomb on its own territory. disgraced former hollywood mogul harvey weinstein faces charges of rape and sexual assault in los angeles. opening statements in the case are expected to begin on monday. and david tennant makes a surprise appearance