The green light to develop one of the largest untapped oil and gas fields in british waters. Rosebank lies in the north sea, about 80 miles west of shetland. Experts say it contains about 350 Million Barrels of oil. Production could start in 2026, with extraction continuing until at least 2030. Its thought that about 69,000 barrels of oil could be produced every day. That would equate to about 8 of the uks total output. There would also be natural gas, with about 44 million cubic feet produced per day during the projects lifetime. The Energy SecretaryClare Coutinho says. The news has not gone down well with climate campaigners. Heres tessa khan, executive director of uplift, a group that has been working to stop Rosebank Being opened up for oil and gas production. I think we need to be clear that this is a huge mistake on economic grounds, on Energy Security grounds and on Climate Grounds and the uk public do not stand to benefit from this field. With me is our Business Editor simonjack and our Political Correspondent hannah miller. Hannah, iwant hannah, i want to start with you. Affirm statements from the Conservative Party committing to this oil and gas field. What has been reaction from other parties . Really the reaction from many of the main parties on this has been quite muted today. Real political tensions as they try to balance Energy Security, job security and net zero pledges. It was noticeable last week when we had a big climate story, the Conservative Party pushing back some of its net zero pledges. There were really a number of conservative mps who were particularly up in arms about it. That has not really been the case today and that is because many conservatives and of course the government believe that oil and gas are going to be part of the energy mix while we transition to cleaner solutions. That is obviously a claim thatis solutions. That is obviously a claim that is contested by the snp and unsurprisingly by the green party. What is interesting is they are really trying to put the pressure here onto labour and they say if labour were to turn around now and say in government they would revoke this license, that would make the project simply unviable, so they want the labour party to be taking a much stronger position. That is not something we are seeing from the labour party today. Their position is they would not allow new oil and gas licenses if they were to get into government but they will not be revoking this one either. That is because theyre big focus is on stability and providing businesses with some certainty. They say that is what the country needs and stopping this would go against the pledge that they would be credible if they were to get into government. We have the Liberal Democrats who have previously said they are against this develop but they actually hold the seat in shetland and their reaction has also been quite muted today, they have not particularly said anything. Particularly said anything. Mixed reaction amongst particularly said anything. Mixed reaction amongst politicians. Particularly said anything. Mixed reaction amongst politicians. Simon, what is the Business Case for this going ahead . The what is the Business Case for this going ahead . What is the Business Case for this going ahead . The Business Case is the fact the going ahead . The Business Case is the fact the uk going ahead . The Business Case is the fact the uk is going ahead . The Business Case is the fact the uk is a going ahead . The Business Case is the fact the uk is a net going ahead . The Business Case is the fact the uk is a net importer. Going ahead . The Business Case is| the fact the uk is a net importer of oil and the fact the uk is a net importer of oil and gas the fact the uk is a net importer of oil and gas and the north sea has been oil and gas and the north sea has been dwindling resources and it is now not been dwindling resources and it is now not sufficient to supply the uks now not sufficient to supply the uks own now not sufficient to supply the uks own needs, so the argument is if you uks own needs, so the argument is if you are uks own needs, so the argument is if you are going to import oil and gas, if you are going to import oil and gas, a if you are going to import oil and gas, a net if you are going to import oil and gas, a net importer anyway, it is better gas, a net importer anyway, it is better to gas, a net importer anyway, it is better to have it on our own doorstep better to have it on our own doorstep rather than bring it in from doorstep rather than bring it in from qatar, better to have it here. Others from qatar, better to have it here. Others say from qatar, better to have it here. Others say it is a bit of a myth 0thers say it is a bit of a myth ahout others say it is a bit of a myth about Energy Security because the reality about Energy Security because the reality is, about Energy Security because the reality is, and equinor, one of the partners reality is, and equinor, one of the partners here, say 80 of this oil will he partners here, say 80 of this oil will be exported. It is going to be refined will be exported. It is going to be refined abroad, and when you send it, refined abroad, and when you send it. Some refined abroad, and when you send it, some may come back but at that point it, some may come back but at that point it it, some may come back but at that point it is it, some may come back but at that point it is on it, some may come back but at that point it is on the International Market point it is on the International Market it point it is on the International Market. It gets sold to the highest bidder market. It gets sold to the highest bidder on market. It gets sold to the highest bidder on the market and even though 3 million bidder on the market and even though 3 Million Barrels a sound like a lot, compared to others as it does not do lot, compared to others as it does not do a lot, compared to others as it does not do a lot lot, compared to others as it does not do a lot to. The parties involved not do a lot to. The parties involved say it will be £8 billion boost involved say it will be £8 billion boost for involved say it will be £8 billion boost for the economy, produced 2000 obs boost for the economy, produced 2000 jobs and boost for the economy, produced 2000 jobs and there will be tax revenue down jobs and there will be tax revenue down the jobs and there will be tax revenue down the line for this, so if you are going down the line for this, so if you are going to have to need oil and even are going to have to need oil and even the are going to have to need oil and even the committee on Climate Change concedes even the committee on Climate Change concedes that even by 2050, 20 5 of our energy concedes that even by 2050, 20 5 of our energy will still come from oil and gas our energy will still come from oil and gas and so it makes sense to have and gas and so it makes sense to have some and gas and so it makes sense to have some here but as i say, people saying have some here but as i say, people saying this have some here but as i say, people saying this will make a big price to energy saying this will make a big price to Energy Security, that is simply not true Energy Security, that is simply not true Energy Security, that is simply not true a Energy Security, that is simply not true a big Energy Security, that is simply not true. A big change to price or energy true. A big change to price or Energy Security. I think it is at least Energy Security. I think it is at least a Energy Security. I think it is at least a decade you would expect this to o least a decade you would expect this to go on least a decade you would expect this to go on for. What hannah was saying there to go on for. What hannah was saying there about to go on for. What hannah was saying there about labour saying they will not revoke there about labour saying they will not revoke any licenses granted by this government, it looks like come what may, this government, it looks like come what may, rosebank will be producing for many what may, rosebank will be producing for many years to come. Won what may, rosebank will be producing for many years to come. For many years to come. Won a brief one to you. For many years to come. Won a brief one to you, hannah, for many years to come. Won a brief one to you, hannah, at for many years to come. Won a brief one to you, hannah, At Westminster for us. As this entirely a decision for us. As this entirely a decision for westminster . What is holyrood pots role in this . This for westminster . What is holyrood pots role in this . Pots role in this . This is not an area where pots role in this . This is not an area where holyrood pots role in this . This is not an area where holyrood have pots role in this . This is not an area where Holyrood Have A pots role in this . This is not an l area where Holyrood Have A huge amount of control. The snp have suggested they would prefer to be seeing a transition to cleaner forms of energy, they said they are investing money in trying to help workers transition to jobs in cleaner forms of energy but it is very much a uk government decision. 0k, thank you very much. A fire at a Wedding Party in Northern Iraq has killed at least 115 people. People were celebrating in al hamdaniya, about 60km, or a0 miles, west of the regional capital erbil, when fire tore through the venue late on tuesday evening. Pictures from the Scene Show Emergency Crews picking through the charred remains of the building. State media quoted Civil Defence officials as saying fireworks were lit during the celebration inside a hall. Its thought the venue was built with highly flammable materials, had only one exit, and no fire extinguishers. Outside the hall, relatives and survivors of the fire mourned those missing. This man was clutching the remains of the decorative clothing his daughter had been wearing. Translation l was in the hall when it happened. My mother was in the bathroom. I couldnt find her afterwards. I searched for my daughter, my son, my wife, my father. I couldnt find them. They are all gone. I dressed my daughter with these clothes myself. I curse the gold i dressed my daughter in. With more on this is bbc arabic special correspondent feras kilani. Tell us more about what happened. The fire started from inside the hall, not from outside. Claims of fireworks are used in the hall as a decoration and quickly the flames went to the roof and started there, moved quickly to the materials which covered the hall, notjust the wool spent the whole ceiling and there were a lot of other reasons, Safety Regulations that caused this disaster. We can hearfrom regulations that caused this disaster. We can hear from a journalist who spent a lot of time there about the circumstances. The area itself, al hamdaniya, it was reconstructed slightly. It wasnt quite as damaged as sort of central areas of mosul during the war against the islamic state, but theres been a lot of ad hoc reconstruction there, particularly its south of mosul. It also borders very much on the krg region. So the actual distribution of funds and the reconstruction and the rebuilding there has been very much by locals, which hasnt really followed any sort of regulator standard. I mean, it does have a historic church, but a lot of the oversight of it is not there by the government to sort of really enforce any sort of standards in terms of building regulation, in terms of Fire Regulations. That being said, in general in iraq, to be honest, you know, the Fire Regulations and the fire security, you know, its very lax. You may have remembered during the covid pandemic there was a horrific fire in baghdad that ripped through a hospital, killing, you know, over 80 people. This fire seems much more extensive and much more worse. You know, it seems that its been in a very much enclosed place and also it looks like there has been some logistical issues of actually getting to this area. Its within the federal areas remit, but its not within their central, you know, Response Remit where the Civil Defence can get there very much quickly, its still got to go through multiple checkpoints and its not a completely easily accessible area. Really horrific pictures coming from the scene there. Are we expecting the scene there. Are we expecting the death toll to rise . What have officials been saying . Iikla the death toll to rise . What have officials been saying . Officials been saying . No official statements. Officials been saying . No official statements, saying officials been saying . No official statements, saying 100 officials been saying . No official statements, saying 100 killed, l officials been saying . No official i statements, saying 100 killed, but there are a huge number injured badly and we expect it to rise. We are listening from eyewitnesses from the area and it is a huge disaster for this small town community, whole families last in this fire. 0ne Eyewitness was talking about 20 people from his family killed in this accident and he has no idea if there is anyone who survived from this. In the next few hours we expect the death toll to rise sharply sadly. Expect the death toll to rise sharply sadly expect the death toll to rise sharply sadly. Expect the death toll to rise sharl sadl. , ~ , sharply sadly. 0k, thank you very much. A 15 Year Old Girl has been stabbed to death in croydon, in south london. Police say the incident happened this morning, at around 8. 30. Paramedics attended the incident, but the girl was pronounced dead at the scene. A teenager was arrested in connection with the incident about an hour later. Police say they are investigating whether the victim knew her attacker, and have appealed for witnesses. Asi as i said, that happened this morning on a bus in croydon in south london. The girl was pronounced dead at the scene at 9 21am. The metropolitan police has said its thoughts are with this young girls family who are facing the most tragic of news and said a specially trained officers are there to support her and they are working with British Transport Police to work out what happened. North korea says it will deport travis king the us soldier who ran into the country across the Demilitarized Zone injuly. Private king had been due to be flown to the us to face military disciplinary proceedings, when he escaped his escort. North korea had earlier said he had sought refuge after experiencing racism and inhuman treatment. But in a statement, the official news agency simply said he was being deported for illegally entering north korean territory. What was particularly interesting about this story if you cast your minds back, travis king went over the border injuly and it was not until early august any official announcement came in from north korea about him being within the country. American officials also at the time at relatively slow to react, highly unusualfor the time at relatively slow to react, highly unusual for people to flee into north korea. There is much more on that story of course on the bbc news website and on the bbc news app, bbc news website and on the bbc news app, it is all there for you. Around the world and across the uk, this is bbc news. Lets look at some other stories making news. Five labour regional mayors have urged the government not to scrap the hs2 rail line between birmingham and manchester, saying such a move would be an international embarrassment. Theres speculation the Prime Minister is considering cancelling the northern leg because of soaring costs. The government says no decision has been made. The actor and Television Host laurence fox has been suspended by gb news over comments he made about a female journalist. Hed been speaking about ava evans, the Political Correspondent for thejoe website. Gb news says his remarks were completely unacceptable. In a statement, they said, we have formally suspended laurence fox, while we continue our investigation. The first named storm of the season is expected to hit the uk today. Storm agnes is likely to bring disruption from strong winds of up to 80 Miles Per Hour and heavy rain. Severe weather warnings are in force from wednesday afternoon until thursday morning. Youre live with bbc news. Armenia says more than 40,000 people have fled from Nagorno Karabakh since azerbaijan seized the area last week. Thats around a third of the population there. Azerbaijan says people in the area will