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at the inquest into the death of molly russell, an executive from instagram s parent company, meta, insists thousands of images the teenager saw online about suicide and self harm were safe. and science fiction made reality, as nasa plans to try to knock an asteroid off course by crashing a rocket into it. hello, welcome to the programme. 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. tonight, a number of banks and lenders have stopped offering new mortgages because of the volatility in the currency markets. and the amount it costs the government to borrow money an essential part of its new financial plan has risen sharply to its highest level since 2010. analysts fear it could rise still further. the bank of england has tonight said it will not hesitate to raise interest rates if necessary to re ....
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. we start in the uk where the bank of england says it won t hesitate to take action to control inflation, after the pound slumped to an all time low against the dollar. take a look at this chart from this morning s asia trading. at one point sterling fell to $1.03 the lowest since 1971 though it s since recovered slightly. there s been speculation that the bank of england may announce an emergency hike in rates to control rising prices. for the moment, that hasn t happened. well there s lots to unpack. first to understand what s happening today we must go back to friday and to this annoucement in parliament. i can announce today that we will catch the basic rate of income tax to 19p, in april 2020 three, one year early. that means a tax cut for over 31 million people injust a few months t ....
it s tearing our margins to shreds, we are trying our best to absorb . what cost increases we can. but ultimately, because - the pressure the business is under, we expect to have to put prices up as a result. at the labour conference, the party outlines its own plans for the economy, including cancelling the tax cut for top earners. with a labour government, those at the top will pay theirfair share. the 45p top rate of income tax is coming back. we ll have the latest on the uncertainty over the government s approach to managing the economy. also tonight: in eastern ukraine, we report from the city of bakhmut the latest target of constant russian shelling. in the last few minutes we have been hearing incoming and outgoing shells every 30 seconds or so. it really doesn t stop. and england and germany play out a six goal thriller. and england and germany play out a six goalthriller. but and england and germany play out a six goal thriller. but still no win for the three ....
welcome to newsday, reporting live from singapore, i m karishma vaswani. the headlines. the kremlin admits it made mistakes in the way it mobilised reservists to fight in ukraine as protests against the pound has a roller coaster day on the financial markets as the uk government and the bank of england try to offer reassurance. welcome to newsday, reporting live from singapore, i m karishma vaswani. the headlines. the kremlin admits it made mistakes in the way it mobilised reservists to fight in ukraine as protests against the call up continue. it s six in the morning in singapore, and one in the morning in moscow where the kremlin has admitted it made mistakes in the way it tried to mobilise hundreds of thousands of reservists to fight in ukraine. the call up triggered widespread protests and there were reports that people with no military experience or who are too old or disabled were being handed draught papers. draft president putin s spokesperson ackn ....
soldiers battled for every inch of territory in the ukraine. have to be careful here. we have been have to be careful here. we have been told have to be careful here. - have been told there is a russian sniper operating from that direction. for the troops here, this is a grind day and night. a hard battle to hold the position. and the skin tight fit of the spray on dress that s the talk of the catwalk at this year s paris fashion shows. hello, thank you forjoining us. 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% threshold needed to win out right. the left wing challenger, former president luis inacio lula de silva, has won the most support, while the right wing incumbent, jair bolsonaro, looks to be about four percentage points behind him. laura is there. there will be no all night parties or anybody. for anybody. no all-night parties or anybody. for anybody. no, th ....