In ukraine, 23 civilians have been killed in the Southern City of zaporizhzhia after a Russian Missile struck a convoy of vehicles. Thats according to the governor of the province. Initial pictures that have started coming in Show Ambulances arriving at the scene. Its reported that the victims seem to be civilians. The attack comes just hours before President Putin is expected to hold a ceremony to declare that four partially occupied regions, including zaporizhzhia, will become part of russia. The kremlin says luhansk, donetsk, zaporizhzhia and kherson voted overwhelmingly to join russia in recent, self styled referendums. But ukraine and the west have dismissed the votes as a sham. Ukraine insists its goal of fully liberating its territory will never change, regardless of any statements from moscow. Our correspondent James Waterhouse is in zaphorizhzhia at the scene where the Missile Attack took place. It is a scene that is difficult to immediately process. You have a row of vehicles next to an enormous crater and the smell of burning in the air. It immediately seems clear what has happened but what is less clear initially is the devastation. And then you almost stumble across bodies. Some are covered and some are not. There are peoples coats, bags and belongings strewn across a wide area. People who have survived are sat on suitcases in a state of shock. Zaporizhzhia is a city that has always tried to carry on as normal. It has actually felt a lot more full over the past couple of months. People have gained in confidence and come back. Then you have moments like this. At the moment all signs seem to point to a very deliberate targeting. Most victims are civilians. This area had been used as a Holding Station for those who wanted to head back into russian occupied territory, either for work, or to see relatives or otherwise. It does suggest this is a targeted strike. We are told four missiles landed here and we are told at least 23 people have been killed. Many more have been injured. It is a very difficult sight to see. James waterhouse. A 34 year old man has been arrested on suspicion of the murder of olivia pratt korbel. The nine year old was killed as her mother tried to stop a gunman who was unknown to the family entering their home in liverpool last month. Merseyside police has now arrested 10 men as part of the investigation, but no charges have so far been brought. Detectives continue to appeal for information. And a £200,000 reward is on offer. The first coin with King Charles Iii on it is expected to go into circulation next week. It will also honour the life and legacy of Queen Elizabeth ii. We say goodbye to viewers on bbc two now. We will be talking about the economy. Hello and welcome to this special programme on the finacial turmoil we have all seen and experienced over the past week and beyond. What does it mean for the pound in your pocket, your mortage rate, and the future of the uks economy . To help answer these questions, we have a panel of experts. Andrew walker is a former bbc Economics Correspondent who has reported on many tumultuous events in economies around the world and will turn his weathered eye to what the uk has been experiencing. And from across the uk we have Mercedes Osborne a director at the exeter based Mortgage Brokers pointers financial paul lewis is a personal finance expert who presents the bbc� s Money Box Radio Show and joins us from llandudno, and Fiona Cincotta is a Currency Expert and Senior Market analyst at city index the online trading platform. Shes in north london. Welcome to all of you. So, first andrew how did all this turmoil start . The pound at one stage went to an all time low and lost against other currencies. The Bank Of England which is responsible for controlling inflation and ensuring financial responsibility kept on trying to restore calm and it certainly seems to have had some partial success on that although the situation remains a little volatile at the moment. The bank is also expected to raise Interest Rates again sometime in the coming weeks. The reasons for this stormy time on the market are disputed. The government argues it is an International Problem and it must be said that inflation, higher Interest Rates, currencies falling against the dollar are very widespread indeed, but critics do argue its more acute here and the government has mishandled its Policy Announcements and undermined confidence in the market. And just how well the government is managing its own finances. We how well the government is managing its own finances. Its own finances. We had a meeting this morning its own finances. We had a meeting this morning between its own finances. We had a meeting this morning between the its own finances. We had a meeting this morning between the budget. Its own finances. We had a meeting| this morning between the budget of the Office For Budget Responsibility and the chancellor and the Prime Minister. There is so much pressure for the 0br to be published, we are not going to get it until november, but there has been that meeting. Has that helped was an Agnostic Magnet has helped. 0ne that helped was an Agnostic Magnet has helped. One of the things bothering the people in the Financial Markets is that we had to climb the 0br of an assessment of the governments finances and what the governments finances and what the impact would be a of its proposed policy changes. They do see that as a kind of an indication of, from the 0br, that the governments financial sums add up as being a very reassuring thing if the government can get back from 0br. Thank you. Lets bring in fiona. Confidence is key. Explain why it works and why do they all seem to works and why do they all seem to work as a pact. There a saying that fear and greed moves the markets. An and over simplification. Its been reflected in the shortfalls that we saw and the other thing to take into account, you have that whole concept of fear and greed and then youve also got the idea of when certain key levels for key price points are taken out, that conservative even drive that selling and that fear even further. So for example if we take out 1. 10 against the us dollar, that was around number, but the key concern here is the outlook for the uk economy and what it meant how uk economy was going to be able to going forward. In terms of those drivers for the markets, you talk about fear and greed, a lot of what was in the midyear budget, the biggest expense was already in the pipeline, that help with energy bills. Then of course there was the unfunded borrowing for the tax cuts. What was it in particular that spooked the markets at that point. I dont think it was one thing in particular. Dont think it was one thing in particular, it wasjust dont think it was one thing in particular, it was just the shock of what particular, it was just the shock of what the particular, it was just the shock of what the government was, what the chancellor what the government was, what the chancellor was going for. And the fact that chancellor was going for. And the fact that It Chancellor was going for. And the fact that it wasnt funded. The fact that it fact that it wasnt funded. The fact that it was fact that it wasnt funded. The fact that it was looking to borrow money and if that it was looking to borrow money and if we that it was looking to borrow money and if we add on all of that to the bil and if we add on all of that to the big economic backdrop this is all coming big economic backdrop this is all coming into, thats what sort of set off the coming into, thats what sort of set off the pound on friday. Sent it sharply off the pound on friday. Sent it sharply low with the absolute surprise sharply low with the absolute surprise to the size of the whole thing surprise to the size of the whole thing. Then we had more comments over the thing. Then we had more comments over the weekend from the chancellor that there over the weekend from the chancellor that there could be more to come and that there could be more to come and that was that there could be more to come and that was the that there could be more to come and that was the last thing the Pound Investors that was the last thing the Pound Investors and investors in the uk in General Investors and investors in the uk in general needed to hear. Because that set off general needed to hear. Because that set off those fears of where is it going set off those fears of where is it going to set off those fears of where is it going to stop . Hows it going to be paid and going to stop . Hows it going to be paid and the funding coming from . In that sent paid and the funding coming from . In that sent the market and over again on monday that sent the market and over again on monday. As those fears came through. On monday. As those fears came through, investors pulled money out of the through, investors pulled money out of the uk through, investors pulled money out of the uk because they didnt want to invest of the uk because they didnt want to invest here and then when we see investors to invest here and then when we see investors pulling out that is when prices investors pulling out that is when prices drop. Investors pulling out that is when prices drop prices drop. Thank you. What the government prices drop. Thank you. What the government says prices drop. Thank you. What the government says its prices drop. Thank you. What the government says its trying prices drop. Thank you. What the government says its trying to prices drop. Thank you. What the government says its trying to do | prices drop. Thank you. What the l government says its trying to do is to grow the economy. Lets more from our Political Correspondent matt. When liz truss was running for the conservative party, she made no secret that she was in favour of tax cuts. Her and the chancellor Kwasi Kwarteng think people and businesses have been paying too much in tax for too long, and that is what is Holding People back, more growth means better for everybody in the long term is their view. To fund the tax cuts announced last week in the mini budget, the government was prepared to borrow a lot and to fund a big Support Package to help people with Rising Energy bills. Normally alongside a big announcement like that you would get an independent forecast of the Economic Outlook and the seat of government finances from the seat of government finances from the independent forecaster, the Office For Budget Responsibility. That was not provided last week even though the 0br did offer one and many people think that was why the markets reacted in the way that they did although the government maintains there are Global Factors at play. Today the Prime Minister and the chancellor are meeting the 0br, but this is the end of an incredibly turbulent week. Labour and the Liberal Democrats say this is a crisis of the governments own making and are calling for tax cutting measures to be abandoned and there are plenty of unhappy conservative mps, too. This is not to say the party wanted to be in going into their Party Conference on sunday. A lot of terminologies coming into the public sphere. Its hard to keep up the public sphere. Its hard to keep up with them. Remind us of the Office For Budget Responsibility when it was set up online. 2010 is when it was set up online. 2010 is when it was set up online. 2010 is when it was set when it was set up online. 2010 is when it was set up when it was set up online. 2010 is when it was set up and when it was set up online. 2010 is when it was set up and before when it was set up online. 2010 is l when it was set up and before those days was what happened was that the economic forecasts, which underpin what the chancellor can expect their tax policies to generate, and a forecast for what those tax revenues and what the Government Spending would look like, were all done in house by the treasury. There was a sort of element and that of a concern that it looks a bit like marking your own homework and so one of the things that the chancellor at the time, george osborne, did was to set up the office for budgetary responsibility with a view to providing an independent whats the outlook wasnt in particular what the outlook, how the outlook would be changed by particular tax and spending policies. Just to give the proposals in his budget that much more credibility so that it didnt look like he was, as it were, massaging the figures to make it look a little bit more favourable. By look a little bit more favourable. By not having that report before the mini budget, presumably its going to be quite a different report now, because obviously there is the real data in terms of the response and whats happening with Interest Rates . ,. ,. , whats happening with Interest Rates . ,. , rates . Interest rates are certainly an important rates . Interest rates are certainly an important part rates . Interest rates are certainly an important part of rates . Interest rates are certainly an important part of that, rates . Interest rates are certainly| an important part of that, because one of the things that the office for budgetary responsibility looks at is Borrowing Costs and one of the things that happened in this period of financial turbulence is that it now costs more for the government to borrow money in the Financial Markets, so, yes, ithink borrow money in the Financial Markets, so, yes, i think its probably fair to say that at least some of the numbers that we will eventually hear on the 23rd Of November if not sooner will be a little different from what they would have been had been doing its work week ago. This would have been had been doing its work week ago work week ago. This time last year we had absolutely work week ago. This time last year we had absolutely no work week ago. This time last year we had absolutely no idea work week ago. This time last year we had absolutely no idea what work week ago. This time last year l we had absolutely no idea what was coming on the horizon in terms of what happened in ukraine and then the ensuing impact on Energy Prices and thats been one of the key factors in whats been unfolding. Can you explain a bit more . {iii can you explain a bit more . Of course, and the really big Spending Element weve been hearing from the government has been this plan to cap or at least to limit the rising cap thatis or at least to limit the rising cap that is supplied to our energy bills. The amount we have to pay to heat and light our homes is subject to this cap which means that the gas and electricity supplies can only charge so much for each unit of energy. That we use. That cap is being increased tomorrow. The war in ukraine is absolutely central to this. It has cut off gas from russia which is the worlds biggest exporter of gas to europe. We havent really got much gas from russia in the uk, we are very much part of an integrated european markets though. That russian supply has driven up prices across the continent, including here. We use it for heating and also electricity, so it costs more down to power our homes and our workplaces. The government has decided that the new cap that the Energy Companies can charge is not going to reflect the full increase in the costs of gas. Thats going to ease the pain thats inflicted on us by our energy bills, but because its the government is going to be limiting, paying to limit that rise, it does mean we are eventually going to have to pick up the tab through our taxes in the future. ,. , future. Lets bring in paul. The ener future. Lets bring in paul. The energy price future. Lets bring in paul. The Energy Price Cap future. Lets bring in paul. The Energy Price Cap is future. Lets bring in paul. The Energy Price Cap is talked future. Lets bring in paul. The i Energy Price Cap is talked about future. Lets bring in paul. The Energy Price Cap is talked about as basically delivering a typical maximum energy bill of £2500 per year, but in reality, its not quite as simple as that. I am just hearing that we do not have paul lewis, so im going to redirect this question back to you, andrew. Its important to be clear that its not, there is not a maximum £2500 bill, they could potentially face a lot more. Then;r potentially face a lot more. They could face potentially face a lot more. They could face a potentially face a lot more. They could face a lot potentially face a lot more. They could face a lot more potentially face a lot more. They could face a lot more and potentially face a lot more. The could face a lot more and its potentially face a lot