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20260915 150000 UTC
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[00:00:43] MUSIC
[00:01:11] Live from London. This is BBC News.
[00:01:14] News. The government plans cot cams
[00:01:16] cams in baby wards after an inquiry
[00:01:19] inquiry into Nurse Lucy Letby, who who murdered seven children, found
[00:01:22] found that lives could have been
[00:01:25] been saved. The inquiry's chair said said there was a complete failure
[00:01:29] failure at the Countess of Chester
[00:01:31] Chester Hospital to protect babies.
[00:01:33] babies. Errors were made by nurses, nurses, doctors and managers at the
[00:01:36] the of time these events. There was
[00:01:38] was also complete failure at all
[00:01:41] all levels to invoke safeguarding
[00:01:43] safeguarding procedures at any point.
[00:01:46] point. The EU chief hits out at Russia's
[00:01:48] Russia's reckless and dangerous behaviour behaviour after a drone is shot down
[00:01:52] down over European Union airspace
[00:01:53] airspace by Nato fighter jets the
[00:01:57] the United States confirms for the the first time its deployed space
[00:02:00] space weapons. China urges America
[00:02:01] America to stop preparing for war
[00:02:04] war in space and Prince Harry and and Meghan's police protection is
[00:02:08] is to be reviewed as they change
[00:02:09] change their children's school over
[00:02:12] over security concerns. Hello and
[00:02:23] and welcome to BBC News. We start start with a devastating report in
[00:02:26] in the UK looking at how Lucy Letby Letby was able to murder seven babies
[00:02:29] babies and attempt to murder others.
[00:02:32] others. It has found that there was was a complete failure to protect
[00:02:35] protect babies at the Countess of of Chester Hospital, and that lives
[00:02:38] lives would have been saved if action action was taken earlier. The chair
[00:02:42] chair of the inquiry has called for for urgent nationwide changes to
[00:02:45] to protect families and ensure NHS
[00:02:47] NHS staff can raise concerns of deliberate
[00:02:50] deliberate harm. Here's our correspondent correspondent Lauren Moss. The offences
[00:02:54] offences of murder and attempted attempted murder have been identified
[00:02:57] identified and you have been identified identified as a suspect for these
[00:02:59] these offences. Lucy Letby, seen. seen. Here on police body. Camera
[00:03:03] Camera footage arrested at her home
[00:03:05] home on suspicion of murdering vulnerable
[00:03:07] vulnerable babies on a neonatal hospital
[00:03:10] hospital ward in 2015 and 2016. Is
[00:03:11] Is it a job that you enjoyed? I love
[00:03:17] love my job. She would go on to be be convicted of murdering seven babies
[00:03:21] babies and attempting to murder seven seven others, making her the UK's
[00:03:25] UK's most prolific child killer of of modern times. Now the findings
[00:03:29] findings of an inquiry led by a senior senior judge looking into how Letby
[00:03:32] Letby was able to harm those in her
[00:03:35] her care, has found huge failures failures in the NHS trust where she
[00:03:39] she worked and that babies may have
[00:03:40] have lived if senior managers had
[00:03:43] had acted sooner. The report describes describes dysfunctional management
[00:03:46] management and governance, a gulf gulf between hospital leadership
[00:03:50] leadership and clinicians, and failure
[00:03:52] failure to understand the fundamentals
[00:03:56] fundamentals of safeguarding. Errors Errors were made by nurses, doctors
[00:03:59] doctors and managers at the time
[00:04:01] time of these events. I've set these these out in the report and will
[00:04:05] will turn to this topic later. There
[00:04:08] There was also complete failure at
[00:04:10] at all levels to invoke safeguarding
[00:04:13] safeguarding procedures at any point.
[00:04:15] point. The inquiry has found there
[00:04:17] there was a complete failure to protect
[00:04:20] protect babies on the neonatal unit. unit. There was a failure to understand
[00:04:24] understand the fundamentals of safeguarding safeguarding and that parents of
[00:04:27] of the babies were kept in the dark dark for years over concerns that
[00:04:31] that their babies may have been deliberately
[00:04:33] deliberately harmed. It says the
[00:04:35] the NHS must take steps to prevent,
[00:04:38] prevent, detect and act when deliberate
[00:04:40] deliberate harm is suspected. The
[00:04:43] The inquiry hasn't reviewed Letby
[00:04:45] Letby convictions. Protesters campaigning
[00:04:48] campaigning about Libby's innocence innocence gathered outside Liverpool
[00:04:51] Liverpool town Hall ahead of the the inquiry's report. Her legal team
[00:04:55] team asked for the inquiry to be be paused while her case is looked
[00:04:58] looked at by the Criminal Cases Review Review Commission, but that was denied.
[00:05:01] denied. A group of medical experts experts have questioned the evidence.
[00:05:04] evidence. In summary, ladies and and gentlemen, we did not find any
[00:05:08] any murders. The inquiry found clinicians
[00:05:11] clinicians who raised concerns about about Letby were themselves made
[00:05:14] made the subject of investigation investigation and forced to apologise
[00:05:17] apologise to her. It also found lessons lessons from previous scandals, including
[00:05:20] including the Harold Shipman case,
[00:05:22] case, had not been learnt. Solicitors Solicitors representing some of the
[00:05:26] the families of the babies say the the inquiry, which started hearing
[00:05:30] hearing evidence two years ago, has has been traumatic. The legal reality
[00:05:33] reality is that Lucy Letby has been
[00:05:35] been convicted. We have these long,
[00:05:37] long, often long running and often
[00:05:40] often expensive inquiries and they're they're very important for learning
[00:05:43] learning lessons. But often the recommendations recommendations are never implemented
[00:05:47] implemented and it's a betrayal not not just of the people who've suffered
[00:05:50] suffered in these cases. Families Families like those I represent.
[00:05:53] represent. It's actually betrayal
[00:05:55] betrayal of the public. The inquiry
[00:05:57] inquiry makes 17 urgent recommendations. recommendations. Lady Justice Thirlwall
[00:06:01] Thirlwall says nothing like this
[00:06:02] this must ever be allowed to happen
[00:06:05] happen again. Well, the Health secretary, secretary, Yvette Cooper, says the
[00:06:09] the government is planning to put put live streaming monitors on cots
[00:06:12] cots in neonatal wards. In a statement statement in the Commons, she apologised
[00:06:16] apologised on behalf of the government government for the failures in safeguarding.
[00:06:20] safeguarding. So let me address the the issues for the families and for
[00:06:24] for the parents directly because because the suffering endured by
[00:06:28] by these babies and their families
[00:06:29] families is impossible to comprehend.
[00:06:32] comprehend. On behalf of the government government and the health service,
[00:06:35] service, I am profoundly sorry for
[00:06:37] for the failures set out so clearly
[00:06:40] clearly in this report for the harm,
[00:06:43] harm, distress and unthinkable loss loss for their families and for the
[00:06:47] the failures to keep their babies
[00:06:48] babies safe. On safety and reassurance
[00:06:51] reassurance for parents, Lady Justice Justice Thirlwall recommends the
[00:06:54] the introduction of video baby monitors monitors for neonatal units. I agree.
[00:06:58] agree. I have asked my officials officials to urgently develop plans
[00:07:02] plans for cot cams, which can also
[00:07:04] also help parents feel better connected connected to their babies when they
[00:07:07] they aren't able to be with them them in person. The inquiry says
[00:07:11] says the sudden, unexpected death death in infancy and childhood guidance
[00:07:14] guidance must be updated. I agree agree that is now under way. It welcomes
[00:07:18] welcomes the introduction of medical medical examiners but said it should
[00:07:21] should have happened ten years earlier. earlier. I agree. We will set out
[00:07:24] out further plans to strengthen their their neonatal expertise following
[00:07:28] following the inquiry's recommendations. recommendations. When the government
[00:07:31] government sets out its full response. response. Well, that was Yvette Cooper
[00:07:35] Cooper talking a little earlier. earlier. Professor Mary Dixon-Woods
[00:07:38] Dixon-Woods is director of the Healthcare Healthcare Improvement Studies Institute.
[00:07:41] Institute. She told me why a profound
[00:07:44] profound failure like this actually actually happens. It's very clear
[00:07:47] clear what happened was this holistic
[00:07:49] holistic failure at almost every every level here. Unfortunately,
[00:07:52] Unfortunately, this is also a repeating repeating pattern. You mentioned mentioned Shipman earlier and it
[00:07:56] it was the same thing of systems systems not working together. Where
[00:08:00] Where there are processes, they're they're not followed. And sometimes
[00:08:04] sometimes failure to act on, on really really concerning signals. It's also
[00:08:08] also fair to say that when something something like this starts to go
[00:08:11] go wrong, those signals are often often really quite difficult to detect.
[00:08:14] detect. They may take the form of of unease, they may take the form
[00:08:18] form of discomfort. They may be difficult difficult to evidence. I think the
[00:08:22] the challenge that we have known known about going back to Beverley
[00:08:25] Beverley Allitt actually, is that that organisations are typically
[00:08:28] typically not sufficiently alert
[00:08:30] alert to these challenges and don't don't necessarily respond effectively
[00:08:33] effectively to them. They may improvise,
[00:08:36] improvise, they may divert the concerns
[00:08:39] concerns down routes that are inappropriate. inappropriate. And as your correspondent
[00:08:42] correspondent said, they may not not include the families, the people
[00:08:44] people who are most affected in their their response. And that's exactly
[00:08:47] exactly what we've seen here. Let Let me pick up on that final point,
[00:08:51] point, because there are failures failures at every single level. And
[00:08:54] And that last part is absolutely absolutely evident because patients
[00:08:57] patients were kept in the dark for
[00:08:59] for years. That too is a common theme,
[00:09:01] theme, isn't it? With other scandals scandals we've seen. Why do you think
[00:09:05] think that happens? We've had a duty
[00:09:09] duty of candour for now a decade, decade, and it is not always implemented
[00:09:13] implemented appropriately. It's really really very disappointing to see
[00:09:16] see how it happened in this case.
[00:09:19] case. We I'm delighted to see that that one of the recommendations of
[00:09:22] of Lady Thirlwall is for a protocol protocol for investigating deliberate
[00:09:26] deliberate harm, and I think it's it's essential that that is absolutely
[00:09:29] absolutely focused on the families families being included right from from the beginning. It's really quite
[00:09:33] quite shocking what happened here. here. I'll come to the recommendations recommendations in a moment. But
[00:09:37] But you were making a point to our
[00:09:39] our producer that gender is part
[00:09:42] part of this, that compassion and and respect for women is less than
[00:09:46] than it is for men. Just explain explain what you're getting at here
[00:09:50] here and the evidence for that. We
[00:09:53] We very often see patterns of gender
[00:09:57] gender issues of maternity, for example, example, not being given the same
[00:10:00] same priority at executive and board board level as other areas of care.
[00:10:04] care. So I think one of the things things that may have happened here
[00:10:07] here is that this area of the hospital
[00:10:10] hospital may have been deprioritized deprioritized in terms of what was
[00:10:13] was seen as organisational priorities,
[00:10:15] priorities, and Lady Thirlwall actually actually quotes me in the report
[00:10:19] report when I talk about priority priority tickets, by which I mean
[00:10:22] mean that there are so many things things that organisations are expected
[00:10:24] expected to do they may lose sight sight of what's really important
[00:10:28] important keeping keeping patients patients and families safe. In this
[00:10:31] this case, I suspect that one of of the things that happened was that
[00:10:35] that neonatal care was, was further further down the priority list than
[00:10:39] than it should have been. A final final thought in terms of the recommendations,
[00:10:42] recommendations, because everything everything that we've talked about about is incredibly depressing. But
[00:10:46] But in terms of the fixes. Talk me me through the roadmap because Yvette
[00:10:50] Yvette Cooper, the health secretary, secretary, has already just said
[00:10:52] said that they will accept the recommendation recommendation to fit cot cams in
[00:10:56] in neonatal units. Tell me what actually actually needs to be done and how
[00:11:00] how easy it is going to do to be
[00:11:02] be to actually get it done. Sure,
[00:11:05] Sure, there are 17 recommendations. recommendations. Lady Thirlwall's
[00:11:08] Thirlwall's analysis is meticulous meticulous and her recommendations
[00:11:11] recommendations are extremely practical. practical. The CCTV and monitoring
[00:11:14] monitoring is one of them, but there there are also some really very useful
[00:11:18] useful recommendations. As I said, said, in relation to this deliberate
[00:11:21] deliberate harm protocol, which I I think could be transformational.
[00:11:25] transformational. There are other other recommendations as well, and and I think the commitment now has
[00:11:27] has to be turning those into practical practical reality. She comments herself
[00:11:31] herself that there's been too many many inquiries, too many recommendations,
[00:11:34] recommendations, and they don't always
[00:11:35] always make the difference to families
[00:11:39] families that they should. Let's Let's turn to Lithuania because the
[00:11:42] the EU chief, Ursula von der Leyen, Leyen, has condemned what she calls
[00:11:45] calls Russia's reckless and dangerous dangerous behaviour after Denmark
[00:11:48] Denmark said a Russian frigate fired fired flares at a helicopter and
[00:11:52] and Nato shot down a drone over Lithuania.
[00:11:54] Lithuania. In a post on X, she said said these are not isolated incidents.
[00:11:58] incidents. They're part of a broader broader pattern of Russian aggression
[00:12:01] aggression and provocation against against Europe. Testing our readiness
[00:12:05] readiness and our resolve, Russia Russia will find our resolve is only
[00:12:08] only growing stronger. She goes on on to say we are reinforcing our
[00:12:12] our collective deterrence and defence defence together with Nato, and we're
[00:12:15] we're stepping up the pressure on on Russia. Well, let me show you
[00:12:18] you the moment that drone was brought
[00:12:21] brought down by Italian Nato fighter
[00:12:23] fighter jets, the interception caught
[00:12:25] caught by a residents security camera camera that the footage from earlier.
[00:12:29] earlier. Well, I've been speaking speaking live on the programme to
[00:12:32] to Poland's foreign minister Radoslaw
[00:12:34] Radoslaw Sikorski, and asked him him whether this was another sign
[00:12:37] sign of Russia testing Nato. We need
[00:12:42] need the Lithuanian authorities to
[00:12:44] to give us the considered view as
[00:12:46] as to whose drone it was, but we
[00:12:49] we had something much bigger entering
[00:12:52] entering Polish airspace 100km a
[00:12:55] a Russian cruise missile in July
[00:12:57] July and we are confident that it
[00:13:00] it was a deliberate incursion as
[00:13:03] as both testing our procedures and
[00:13:07] and as attempted intimidation. Now
[00:13:10] Now we're showing the pictures from from Lithuania. But of course it's
[00:13:13] it's only a few days ago since a
[00:13:14] a Russian drone hit a train near
[00:13:17] near Poland's border with Ukraine.
[00:13:19] Ukraine. Do you think Moscow is becoming
[00:13:21] becoming increasingly reckless? Because Because in the last half an hour,
[00:13:25] hour, their foreign ministry spokeswoman spokeswoman has said that Western
[00:13:28] Western politicians and diplomats diplomats should be soberly assessing
[00:13:31] assessing the risks of travelling
[00:13:34] travelling to Ukraine. Well, thereby
[00:13:37] thereby signalling the intention
[00:13:40] intention which is to cut Ukraine
[00:13:45] Ukraine off from our material support, support, from our financial support,
[00:13:48] support, from our military support
[00:13:50] support and even from visits I will
[00:13:54] will I can only repeat what I said
[00:13:57] said before going to Kyiv to the
[00:13:59] the same conference from which the
[00:14:02] the train was travelling. The more more they bombed, the more we need
[00:14:05] need to show solidarity. You reference reference what you said. I will just
[00:14:09] just say for viewers who may not not have caught that on social media,
[00:14:12] media, you said in the event of Russian
[00:14:15] Russian aggression against Nato thanks thanks to air superiority, the Air
[00:14:18] Air Force of Nato's European part
[00:14:20] part would be able to even without without US involvement, destroy half
[00:14:24] half of Russia's refineries faster
[00:14:27] faster than Ukraine. There's lots
[00:14:29] lots in what you posted, but do you
[00:14:32] you think we are close approaching
[00:14:34] approaching that moment where things
[00:14:36] things like that have to be actively actively considered some sort of
[00:14:40] of military response? Well, we seek
[00:14:44] seek no conflict with Russia. We We are a purely defensive alliance.
[00:14:48] alliance. And I think I make that that clear. But we can't pretend
[00:14:51] pretend we are not seeing what Russia Russia is doing, first of all to
[00:14:54] to Ukraine and then to ourselves. ourselves. You've had death squads
[00:14:58] squads in Britain. You've had arson arson against the Prime Minister's
[00:15:02] Minister's house. You have Russian
[00:15:04] Russian fleet mapping your critical
[00:15:07] critical undersea infrastructure. infrastructure. There have been attempts
[00:15:10] attempts to bring down airliners. airliners. And the latest incident
[00:15:14] incident in Leipzig in Germany, where
[00:15:16] where they've had death squads to. to. There have been arsons in Poland
[00:15:19] Poland they tried to blow up a moving
[00:15:23] moving train and only through their
[00:15:25] their incompetence was nobody hurt.
[00:15:28] hurt. Attacks on border crossings
[00:15:31] crossings against Moldova, Romania Romania drones crossing into Poland,
[00:15:35] Poland, into Romania now Lithuania.
[00:15:37] Lithuania. We found a drone literally
[00:15:41] literally yesterday that was washed washed up on our shore. We think
[00:15:44] think it was some kind of lost drone drone in an exercise. We're still
[00:15:48] still working on it, but that's these
[00:15:52] these are not actions of a responsible responsible party. Oh, I've forgotten
[00:15:55] forgotten just this morning I think think they've launched some flares
[00:15:59] flares against the Danish helicopter. helicopter. Given all of that and
[00:16:02] and given everything we've seen over over the last four years, Donald
[00:16:05] Donald Trump over the weekend told
[00:16:08] told President Zelensky to stop hitting
[00:16:10] hitting oil refineries and oil targets targets in Russia. What did you make
[00:16:14] make of that? Again, the emphasis
[00:16:16] emphasis on pressurising Ukraine Ukraine and not Moscow. Well, it
[00:16:20] it turns out that Ukraine has some
[00:16:24] some cards and the damage to oil
[00:16:27] oil refineries has affected Russia's
[00:16:29] Russia's ability to fight and shows
[00:16:33] shows that Ukraine is in a position
[00:16:35] position to say, all right, let's
[00:16:38] let's have a at least a partial cease
[00:16:40] cease fire in one section. I also
[00:16:43] also know that Ukraine wishes for
[00:16:45] for such a ceasefire. I mean, an
[00:16:47] an overall one. But if not, then
[00:16:52] then as regards the shipment of grain
[00:16:54] grain across the Black Sea, there
[00:16:57] there are developing shortages of
[00:16:59] of grain in Egypt, for example, and and the price of grain is rising.
[00:17:03] rising. This is going to become a
[00:17:04] a problem for the global South. But
[00:17:07] But of course, Ukraine is demanding
[00:17:09] demanding specifics. They don't want
[00:17:12] want to just pause, put aside the the cards that you referenced. They
[00:17:15] They want this to be viewed in a
[00:17:18] a wider viewpoint, don't they, in in terms of any talk of a ceasefire
[00:17:22] ceasefire that the US President has
[00:17:23] has already been floating? Well,
[00:17:26] Well, Putin is not a leader you can can trust, he said. These are not
[00:17:29] not my men in Crimea, he said. I
[00:17:32] I have absolutely no intention of
[00:17:35] of attacking Ukraine. So everything
[00:17:38] everything he says needs verification
[00:17:40] verification and. But I think President
[00:17:44] President Zelensky has said that
[00:17:45] that if Russia stops attacking Ukraine's
[00:17:49] Ukraine's energy infrastructure, infrastructure, he will reciprocate. reciprocate. Just a final thought,
[00:17:53] thought, because we've seen reported reported over the last couple of
[00:17:56] of days, Donald Trump Junior's wedding wedding celebrations, in part being
[00:18:00] being paid for by a Russian oligarch,
[00:18:03] oligarch, Putin ally. How worrying
[00:18:06] worrying is that, given what is required
[00:18:08] required here is an honest broker
[00:18:11] broker the US trying to get these
[00:18:13] these two sides to end this war but
[00:18:16] but in a fair way. Well, we have
[00:18:22] have politicians in our countries countries which somehow sometimes
[00:18:25] sometimes don't distinguish between between conflicts of interest. I
[00:18:27] I think it's one of the signs of
[00:18:30] of a well-run country that that politicians
[00:18:34] politicians should be on guard against
[00:18:37] against such perceptions. Poland's Poland's foreign minister, talking talking to me a little earlier on
[00:18:41] on today's programme, we're going going to take a short break around around the world and across the UK.
[00:18:44] UK. You're
[00:19:46] people. For the latest, follow us us on the President's. Path here
[00:19:49] here on BBC News. Welcome back. Now
[00:19:55] Now the price of oil has risen sharply sharply over the last few days, with
[00:19:59] with Brent crude currently trading trading at levels not seen since
[00:20:02] since May. It follows fresh attacks attacks on Saudi Arabian oil infrastructure
[00:20:06] infrastructure and on shipping in in the Middle East, heightening concerns
[00:20:10] concerns about supply. Well, Saudi Saudi Arabia shut down its east west
[00:20:14] west pipeline to the Red Sea after after it was damaged by drones fired
[00:20:17] fired from Iraqi territory. The shutdown
[00:20:19] shutdown threatens up to 4% of global global oil supplies. The route had
[00:20:23] had allowed Saudi Arabia to circumvent circumvent the Strait of Hormuz,
[00:20:25] Hormuz, which of course is currently currently largely blocked by Iran.
[00:20:29] Iran. Well, Thomas Copeland from from BBC Verify told us more about
[00:20:32] about the latest developments in in the region. We've been looking
[00:20:35] looking at the damage that has been been done to this pipeline. It's It's an increasingly important pipeline
[00:20:39] pipeline for Saudi Arabia, pumping pumping oil away from the Strait Strait of Hormuz over to the Red
[00:20:43] Red Sea. The satellite images, they they should be on your screen in in front of you now. They appear
[00:20:47] appear to show charred, burnt, demolished demolished elements of this large
[00:20:50] large pumping station along the pipeline. pipeline. We've been speaking to to experts who say that the Saudis
[00:20:54] Saudis might take up to six weeks weeks to fully repair that pipeline. pipeline. That's going to have a
[00:20:58] a big impact on global supply. We've
[00:21:00] We've seen you mentioned the 4% figure
[00:21:02] figure there 4% impact on global global supply. Brent crude spiked
[00:21:06] spiked on Friday after that strike, strike, and then it's still trending
[00:21:09] trending over $100 a barrel. Now Now all of this experts say has exposed
[00:21:13] exposed partly a weakness in the the Saudi strategy. They had tried
[00:21:16] tried to avoid putting oil through through the Strait of Hormuz because because of the influence of Iran
[00:21:20] Iran there. But a large pipeline pipeline moving all across your country
[00:21:23] country is a sitting duck target. target. Experts have told us it is
[00:21:26] is long. It is above ground. It is is hard to defend in this case, the
[00:21:29] the Saudis say that this was a drone drone attack that came from Iraq,
[00:21:33] Iraq, from Iran backed proxies in in Iraq. But it is a similar strategy
[00:21:36] strategy that we're seeing from the the Houthis, another Iran backed backed proxy in Yemen. They have
[00:21:40] have been striking oil refinery facilities. facilities. For example, in Jizan,
[00:21:43] Jizan, a Saudi city. You can see see some of that damage on your screen screen as well here from earlier
[00:21:46] earlier in the month, destroyed oil
[00:21:48] oil tanks that have forced that refineries refineries closure and that refinery
[00:21:52] refinery hit again this week by the the Houthis. Tell me more Then about
[00:21:56] about the strikes between the Houthis Houthis and Saudi Arabia, because
[00:21:59] because that has been going on for for such a while in terms of that
[00:22:02] that wider conflict. But the Houthis Houthis making massive progress in
[00:22:06] in the last week or so, grabbing grabbing the coastline of the Red
[00:22:09] Red Sea. Yeah, this is the other other part of this puzzle. Right. Right. So the Houthis have seized
[00:22:12] seized huge amounts of territory territory along the west coast of
[00:22:15] of that has given them greater access access to the Red Sea than ever before
[00:22:19] before and to the Saudi linked ships ships that are in there. The Houthis
[00:22:21] Houthis have had this what they call call a blockade of Saudi ports for
[00:22:25] for a number of months now in place. place. This new territory that they
[00:22:28] they have will give them greater greater access to those ships. If
[00:22:31] If it is the case that Saudi Arabia Arabia is forced to ship all of its
[00:22:34] its oil instead of through the Bab Bab al Mandab Strait of the south
[00:22:37] south of the Red Sea, up through through the Suez Canal, all the way
[00:22:40] way around Africa to get to these these refineries in Asia. That's That's going to send oil prices up.
[00:22:44] up. And even for ships that aren't aren't linked to Saudi Arabia, experts
[00:22:47] experts say to us ship owners, ship ship companies, they're really worried. worried. They're worried about miscommunication
[00:22:51] miscommunication and they're worried worried about maybe in the future future the Houthis targets changing
[00:22:55] changing as well. Well, tell us more more because there is obviously as
[00:22:59] as you're outlining huge pressure pressure on Saudi oil production,
[00:23:02] production, but you production but
[00:23:03] but you have these two choke points.
[00:23:07] points. Now in terms of the impacts, impacts, the longer impacts on reserves,
[00:23:10] reserves, all of that. Where are are we with global oil markets? Well, Well, we've spoken to experts who've
[00:23:14] who've said that it is the case that that if it weren't for the choke
[00:23:17] choke point in the Strait of Hormuz, Hormuz, you know, the international international and global oil markets
[00:23:21] markets could probably some of absorb absorb the blow of an increasingly
[00:23:24] increasingly restricted Bab al Mandab Mandab Strait about 15% of global
[00:23:28] global trade goes through there. there. But because you have this
[00:23:31] this choke point in the Strait of of Hormuz, more oil is getting through through there than we have seen earlier
[00:23:35] earlier on in this conflict, but but still nowhere near the levels
[00:23:37] levels that we were seeing before before the conflict began. All of of that means that there's simply
[00:23:41] simply less slack in the system than than there was before, and that's
[00:23:44] that's going to have an impact on on oil prices. And that means goods
[00:23:47] goods services, product, international international trade. The latest there
[00:23:51] there from BBC Verify. Now here the the Duke and Duchess of Sussex have
[00:23:55] have changed their children's school school only days after they first
[00:23:58] first started over security concerns concerns about the school run. The
[00:24:01] The children are now at another school school and it's understood that Prince
[00:24:04] Prince Harry's publicly funded security security is going to be reviewed.
[00:24:07] reviewed. Here's Ellie Price. Simply Simply the best. It's today's offering
[00:24:11] offering on Instagram. A happy birthday birthday message to Prince Harry
[00:24:15] Harry from his wife Meghan. Family Family snaps shared with the world
[00:24:18] world the faces of Archie and Lilibet. Lilibet. Though always hidden. But
[00:24:21] But it comes as a spokesperson for for the family confirmed the children
[00:24:25] children have had to change schools
[00:24:26] schools just a few days after starting.
[00:24:29] starting. It's understood their private private security team were worried
[00:24:32] worried about heavy traffic on the the school run, making travelling
[00:24:35] travelling in convoy too difficult. difficult. Checks on the route are
[00:24:38] are thought to have been made in in the school holidays, when it wasn't
[00:24:42] wasn't so busy. Prince Harry and
[00:24:45] and his wife Meghan lost their publicly publicly funded security when they they stepped back from royal duties
[00:24:49] duties and moved to the US in 2020.
[00:24:52] 2020. The Duke of Sussex appealed appealed the decision made by Ravec,
[00:24:55] Ravec, an independent body overseen overseen by the Home Office. In the
[00:24:59] the court last May and lost. For For the time being. It's impossible
[00:25:03] impossible for me to take my family family back to the UK. I can't see
[00:25:06] see a world in which I would be bringing bringing my wife and children back
[00:25:10] back to the UK at this point. But
[00:25:12] But this summer the family did come come back first on a holiday where
[00:25:16] where Harry appeared at various charity charity events. And now for what's
[00:25:19] what's been described as an extended extended period of time. As a result,
[00:25:22] result, it's understood the Sussexes Sussexes will be given a review of
[00:25:25] of their publicly funded security
[00:25:27] security now that they're full-time full-time residents rather than visitors.
[00:25:31] visitors. This was the first glimpse glimpse into the new life of the
[00:25:33] the Sussex family, released by the the Duchess at the weekend. Prince
[00:25:36] Prince Harry is expected to take take part in various charity events
[00:25:40] events later this week and next. next. The King has made it clear
[00:25:43] clear the pair will not be working working royals and will not carry
[00:25:47] carry out official engagements, but but their security may yet be stepped
[00:25:50] stepped up as if they were Ellie
[00:25:52] Ellie Price. BBC News. We're going going to take a short break. I'm
[00:25:56] I'm back in about 15 minutes. I'll I'll have the latest on that space
[00:25:59] space race. Space arms race and the
[00:26:01] the warnings that we've heard today. today. Next up, Ben is
[00:29:42] Join me Martin Sharkey of Tech, now
[00:29:42] now on BBC News. MUSIC
[00:29:56] MUSIC
[00:30:02] Now on BBC News. The latest
[00:30:04] business news from across the globe.
[00:30:06] globe. Business Today. MUSIC
[00:30:15] MUSIC The The price of debt. The yield on US
[00:30:19] US ten year Treasury bonds hits its
[00:30:21] its highest level since 2007. Europe's
[00:30:23] Europe's biggest names in transport transport joined forces to bring
[00:30:27] bring hydrogen powered trucks to
[00:30:29] to the roads. And the food price
[00:30:31] price fall out of the Iran war. Experts
[00:30:33] Experts warn that global cereal prices
[00:30:35] prices could soar by 81%. Hello.
[00:30:39] Hello. Welcome. This is Business Business Today I'm Ben Thompson.
[00:30:42] Thompson. Now rising energy costs costs caused by the war in Iran have
[00:30:45] have been pushing up prices around around the world. That in turn is
[00:30:49] is causing a sell off in the bond bond market. The yield on ten year
[00:30:53] year US government bonds hit its its highest level since 2007. Well,
[00:30:57] Well, that rise in yields comes during during a