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the leaders of china s ruling communist party gather for a summit in which ruler xijinping is expected to secure a historic third term in office. communities in three australian states are ordered to evacuate as torrential rain brings major flooding. and the flying scotsman the first steam engine to hit 100 miles an hour celebrates a century on the tracks. hello and welcome if you re watching in the uk or around the world. britain s chancellor, kwasi kwarteng, has cut short his visit to the us, to hold urgent talks with the prime minister, as pressure mounts on the government over its mini budget. mr kwarteng had been in washington for a meeting of global finance ministers. he d originally been expected to return back to london on saturday. speaking to the bbc yesterday before the change of plans, mr kwarteng said he believes 100% that he will still be a chancellor and liz truss will still be prime minister in a month s time. later today, the chancellor and ....
message is even more stark. the bank of england won t hesitate to raise interest rates if needed. also on the programme. flinching from the constant shelling the struggle for survival on ukraine s front line. in the last few minutes we have been hearing incoming and outgoing shells, every 30 seconds or so. it really doesn t stop. and science fiction made reality as nasa plans to try to divert an asteroid by crashing a rocket into it. and coming up on the bbc news channel. worcester warriors have been suspended from all competitions after failing to meet the deadline set by the rfu to provide evidenced they could continue as a viable business. good evening and welcome to the bbc news at six. the government is under pressure tonight as the financial markets give their verdict on the government s so called mini budget last friday. the value of the pound plunged to an all time low against the us dollar this morning though has since somewhat. and the amount it costs the go ....
new cabinet later today. one of the most pressing issues she will face is how to deal with soaring energy bills. details are beginning to emerge of a plan that could see energy bills frozen at their current levels for 18 months. we ll hear from voters about what they want from the new prime minister. i feel like there needs to be somebody who is a little bit more honest, a bit more transparent and has a goal that is going to make the world a better place for this generation because, as a mother, i m really worried with the cost of living, with everything. good afternoon once again from downing street on the day a new prime minister is installed at number 10, succeeding borisjonhnson, who left office this morning. liz truss the new conservative leader elected yesterday saw her majesty the queen at balmoral castle in aberdeenshire earlier today and accepted the invitation to form a government. she s expected to give her first address as prime minister here in downing ....
market after government borrowing costs soar to a 20 year high. no end to the strong dollar. us interest rates are going higher and staying there for longer, according to policymakers at the federal reserve. also coming up: digging ourselves into a hole. how climate change is threatening the world s soil and our future food supply. we start here in the uk, where pressure is growing on prime minister liz truss and chancellor of the exchequer kwasi kwarteng to rethink their economic plans. financial markets have been in turmoil since they promised £45 billion worth of tax cuts funded by borrowing in a mini budget statement on september 23rd. the chancellor is due to set out how he will fund the package and reduce debt at the end of the month. facing questions in parliament on wednesday, the prime minister ruled out scrapping her tax cuts, but said spending on public services wouldn t be cut either. we are spending almost £1 trillion of public spending, we were spend ....
and in early september, it was the turn of liz truss. i am honoured to take on this responsibility. weeks later, at its annual conference, the tory party chair said liz truss was its greatest asset to win the next election. she is the woman who will get britain moving. that, though, is not going to happen any more. wow, one of the shortest lived premierships ever. i liz truss s time is over, when it had onlyjust begun. hello, welcome. well, this is unexpected. not, of course, being here for a new series looking at the biggest stories of the week, ijust hadn t necessarily factored in doing our first episode on the day the prime minister resigns. but here we are, and across next 30 minutes this is the story of the fall of liz truss. because it has been quite a week. hello, hi guys. we are probably still a few minutes late. 0h, are you? 0k. we will reverse almost all the tax measures. gone, gone. a complete reversal. gone, gone, gone. clearly trussonomics has gone. he has ....