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| | PM and chancellor to meet economic forecaster after market turmoil | |  | | | | | | |  | Before the government announced last week's "mini-budget", it did not take up an offer from its independent watchdog to publish the economic forecast that usually goes with major announcements on taxation and public spending. And MPs on the cross-party Treasury Select Committee say the absence of an Office for Budget Responsibility (OBR) report played a part in the subsequent market turmoil, with the pound's value falling and the Bank of England intervening to stop pension funds collapsing. They want the forecast published immediately, with its Conservative chairman arguing some observers had been left with the impression the government was trying to avoid scrutiny. Today, Prime Minister Liz Truss and Chancellor Kwasi Kwarteng will take the unusual step of meeting the OBR's chairman. Government sources are dismissing suggestions it amounts to an "emergency meeting". It is understood the forecast process will be discussed, as well as economic and fiscal developments since March. We'll bring you the latest developments via our live page. Yesterday, Ms Truss and Mr Kwarteng defended their policies but they remain under pressure from Conservative MPs, with opinion polls showing Labour opening up a healthy lead. Catch up on some of our coverage: | | | | | |
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| | Final day before energy bills rise | |  | | | | | | Energy prices will rise for millions of households on Saturday, with charities saying many people will struggle to pay bills twice as high as last year. The government is limiting the cost per unit to cushion the blow, with ministers having stepped in after predictions of an 80% increase in domestic gas and electricity bills for the first half of winter. It means a typical annual bill will go up to £2,500, rather than the forecast £3,549. The price rise will be further mitigated by cost-of-living payments. But the sum you pay will still be dictated by the amount of energy you use. There is no absolute cap on the total cost and people in larger houses will typically face higher bills. Our report explains how it works. | | | | | |
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| | Rising energy costs: Here's our advice | |  | | | |
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| | Death toll rising as hurricane strengthens | |  | | | | | | There are reports of substantial loss of life in the US, where President Joe Biden says Hurricane Ian could prove to be the deadliest storm in Florida's history. An official in south-west Charlotte County, close to where the hurricane made landfall, has confirmed 10 deaths. Some 2.2 million homes and businesses are without power, after the hurricane brought high winds, storm surges and severe flooding, with alligators, snakes and sewage reported in the floodwater of one area. State emergency crews are sawing through fallen trees to reach people trapped in their homes. Meanwhile, the National Hurricane Center says Ian is regaining strength as it moves towards South Carolina. | | | | | |
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| | First coins featuring King Charles revealed | |  | | | | | | The first coins to feature the portrait of King Charles III have been designed, with a 50p piece to enter circulation within weeks. Along with a commemorative £5, the coin - bearing an image of the King by British sculptor Martin Jennings - follows centuries of tradition, with the monarch facing the opposite way to his predecessor. Don't worry though, you'll still be able to use coins featuring the late Queen. We've been given a first glimpse of the new coins - and details of others to follow. Take a look. | | | | | |
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| | | |  | | | | | | Earlier this year, at a reception in Canada's national capital, King Charles - at the time the Prince of Wales - was asked for an apology. The request came from Assembly of First Nations National Chief RoseAnne Archibald, who told him that the Crown needed to make amends for the "assimilation and genocide" of indigenous schoolchildren at residential schools run by the Anglican Church - of which Charles is now the head - and for its role in colonisation. The three-day visit was Charles's nineteenth official tour in the country, and his last as the Prince of Wales. Charles did not apologise on the trip, though he spoke of the need to "come to terms with the darker and more difficult aspects" of history. But some are hopeful that the new King's accession will be the beginning of a more positive relationship between the Crown and indigenous peoples in Canada. | | | | | | | | | |
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| | | | | | | The front pages are again dominated by the fallout from the government's "mini-budget". In its report about Prime Minister Liz Truss holding emergency talks with the head of the Office for Budget Responsibility, the Guardian quotes a government source saying the meeting is "like trying to read the manual after you've broken the thing". The Metro says a snap opinion poll puts the Conservatives 33 points behind Labour, while the i's headline reads: "Tories fear wipeout after three weeks of Truss as PM." However, despite a "bruising" round of BBC local radio interviews, the Daily Mail says the prime minister is "not for turning", echoing her predecessor Margaret Thatcher's famous line, from 1980. Meanwhile, the Times and Daily Telegraph report ministers are planning real-terms benefits cuts to help fund the government's tax cuts. | | | | | |
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| | | | | NHS Record number of nurses quitting | | | | | | | Ukraine US will never recognise Russia's annexation bids - Biden | | | | | | | Murder Arrest over Olivia Pratt-Korbel shooting | | | | | | | Schools Fines lottery for parents over children's absence | | | | | | |
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| | If you watch one thing today | |  | | | | | | | |
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| | If you listen to one thing today | |  | | | | | | | |
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| | If you read one thing today | |  | | | | | | | |
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| | Need something different? | |  | | | | | | For five years - and to a generation of viewers - David Tennant was the Time Lord. And he'll reprise his role as part of Doctor Who's 60th anniversary celebrations. Details are shrouded in secrecy but he's been telling us how it all came about. Someone else who's travelled through the eras - albeit in a more conventional way - is Winifred Parker. Born when King George V was on the throne, she's just turned 109. Could her breakfast be the secret to her longevity? Find out how she starts the day. And never mind an entire century, it seems an awful lot has happened in the past seven days. Take our quiz of the week to see how much of it you recall. | | | | | |
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| | | | | 1955 Hollywood actor James Dean, 24, dies in a road accident in California, USA. | | | | | | |
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