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A budget that will define the next Half Decade under labour begins to take shape with more investment in big projects, more borrowing, and perhaps less of a Tax Rise than expected. And devastating israeli strikes on beirut actively targeting hezbollah s leadership, as Benjamin Netanyahu dashes back from the Un And Tehran holds emergency meetings. Where will this escalation take the region and the world . Good evening. This is newsnight, home to Insight And Analysis from home and abroad. Well discuss the emerging situation in the Middle East a little later, matters could develop as we are on ai...

Change Interest Rates from five percent. The decision, expected at midday, comes after inflation, showing the rise in consumer prices, remained at 2. 2 Per Cent last month. The Central Bank in the united states lowered Interest Rates by half a Percentage Point Yesterday the first cut for more than four years. Lets speak to our Business Correspondent peter ruddick. What is the expectation with the Bank Of England . I knew you will ask me that. I am not a betting man but the one thing we can predict is it is going to be a close decision. The last time the nine Person Committee voted five to four...

People were shot on an interstate highway. Up to six people are reported shot, but no fatalities have been reported. And its the final day of the Paris Paralympics with M Gold medals up for grabs before the Closing Ceremony later today. China is top of the Medal Table followed by Great Britain im luxmy gopal. Great ormond Street Hospital says it is carrying out an investigation after concerns were raised about 721 cases carried out by one of their former surgeons. 3 2 1 carried out by one of their former surgeons. 721 patients are being former surgeons. 721 patients are being contacted former ...

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A jordanian Truck Driver was shot dead by israeli security forces. The incident happened at the King Hussein Allenby bridge crossing. The victims are thought to have been private Security Personnel. Jordan has launched an investigation into the shootings. Jordan and israel signed a Peace Treaty in 1994 and have close security and economic ties. But diplomatic relations have been strained. This latest incident comes amid increased activity in the occupied West Bank. Last week, Israeli Forces withdrew from jenin after a nine Day Operation there. The palestinian Health Ministry says more than 600...