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plus — rising prices — falling ratings. can president biden win the argument on the us economy — with just days to go until the midterm elections? and — a pressing crisis. the cost of olive oil set to soar — with harvests shrivelled by europe's summer heatwave. hello. we start here in the uk — which is now facing the longest recession since records began, a century ago. that was the bleak warning from the bank of england on thursday, as it raised interest rates to 3% — to try to dampen down soaring inflation. the bank says the uk economy is already in recession, and cou...

welcome to the programme. amid the turmoil in uk markets this week, the chancellor met the us banks today and was told in no uncertain terms that his budget which he has planned for november is "way too far away". the government needs to communicate much sooner, said the banks, on what the solution will be to the problem the city believes they created. it has been another chaotic day on the markets. this morning, the bank of england performed a screeching u—turn, putting the brakes on its plan to sell government bonds and instead launching a new scheme to buy them. think of it as a...

also in the programme. how the world cup may have given a much—needed boost to the uk's economy. hello and welcome if you're watching in the uk, on pbs in the us or around the world — russia says its forces have completed the capture of soledar , a salt—mining town in eastern ukraine that's been the focus of intense fighting. these are the latest aerial shots of the town. as you can see, it has been completely flattened from the relentless pounding by russian forces. after six months of russian military setbacks — it would be the first ukrainan town to be captured sincejuly. ...

without doubt the most dangerous lie that they have told is that i somehow boasted about the number of people that i killed in afghanistan. newcastle ease past leicester at st james�* park and book their place in the league cup semi—finals. good morning. it is going to be a colder day to day than yesterday. although some of us are starting with some sunshine, already there are showers in the west. they will develop widely. some will be heavy and thundery, and it is going to be windy. details later in the programme. good morning. it's wednesday, 11th january. our main story. more ...

i stand by the package we announced on the fact we announced on the fact we announced it quickly because we had to act but i do except we should have laid the ground better. and the skin—tight fit of the spray—on dress that's the talk of the catwalk, at this year's paris fashion shows. they go again — the two main candidates in brazil's presidential election will have a second round run—off after neither man achieved the 50 % needed to win. the left—wing challenger — former president luis inacio lula de silva — won the most support, while the right—wing incumbent, jai...