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Transcripts For BBCNEWS World Business Report 20240707

in energy bills from tomorrow, despite government help to limit price rises. plus: auto austerity! citroen s answer to the energy crisis a cheap electric car made of recycled plastics and cardboard! hi, there. prime minister liz truss and chancellor of the exchequer kwasi kwarteng will be trying to rebuild the confidence of financial markets today after a week of turmoil sparked by their economic plans last friday. they are to meet with the head of the uk s government spending watchdog, the office for budget responsibility. the obr s role is to give independent oversight of borrowing and spending plans. critics say it should have been involved from the start. the pound hasjumped the most against the dollar in over two years, erasing all its losses over the past week. this, after the bank of england continued to pump money into the bond markets to prop up the value of uk debt. the prime minister though is still insisting her tax cutting plans are right for the british econ

Transcripts For BBCNEWS The Papers 20240707

ireland into tomorrow morning. pretty mild with the strengthening breeze because top pressure in the south and east but a dry and bright start for much of england and wales will stop in east anglia, south east england and the channel islands should stay dry and bright through the day and the early rain in the west of scotland and northern ireland should ease with brighter conditions in the north. good stay cloudy in scotland and northern ireland. a blustery day across the board but it s the wind coming in from the south west that means it should be a mild one. tomorrow evening and overnight, the rain returns northwards and more persistent rain with this developing system that looks like it will develop more when it gets to the east, where the strongest wind will be. but a day of gail s four summers we had through wednesday. cloud and persistent rain for most in the morning, quickly sweeping eastwards. clearing east anglia and the southeast last of all in the afternoon. sunshi

Transcripts For BBCNEWS Newsday 20240707

as the king and the queen consort attend their firstjoint engagement since the end of formal mourning. live from our studio in singapore. this is bbc news. it s newsday. the uk chancellor, kwasi kwarteng, has told the conservative party conference in birmingham that he s still determined to deliver his economic plan hours after performing a major u turn on a flagship policy. he s abandoned a proposal to scrap the top income tax band, following widespread criticism, turmoil on the financial markets and a dramatic drop in the value of the pound. the chancellor acknowledged his plans caused, what he called, a little turbulence in the economy. he s now also expected to bring forward his next financial statement from the 23rd of november to this month. here s our political editor, chris mason. first thing this morning, things are moving. and fast. the planned tax cut for the highest paid is being junked. the government has blinked. it was an ambitious plan, and we talked to lots

Transcripts For BBCNEWS The Papers 20240707

should not be taken emotionally. and a royal welcome in scotland, as the king and the queen consort attend their firstjoint engagement since the end of formal mourning. hello, and welcome to our look ahead to what the papers will be bringing us tomorrow. with me are dame ros altmann, who s a former pensions minister, and the features writer for the independent, james rampton. welcome to you both. a stark message from the daily mail, which says senior tories are attacking the government s u turn on plans to remove the top rate of income tax. the chancellor s admission to conservative party conference of a tough day after that u turn leads the metro. the mirror calls it a calamity conference , and claims despite the change of plans, the damage to the economy is already done. the i says conservative mps could now threaten liz truss s plans on benefits and public spending cuts. the telegraph also reporting what it calls a new battle with tory mps over reducing benefits in re

Transcripts For BBCNEWS BBC 20240702

hello, i m christian fraser. the hamas run health authorities say at least 80 people have been killed in two israeli strikes on the jabaliya refugee camp in northern gaza. they say one hit a un run school that was being used as a shelter. a spokesman for the israeli military told bbc news it was looking into the incident but couldn t say if it had been caused by israeli action. hamas says the second strike was also on a school, saying it killed 32 members of one family, including 19 children. there has been graphic video posted online. bbc verify has gelocated it to the un run school, al fakhoura. the weather conditions in the video match today s forecast. and no previous versions of the video have been found online. this is some of that video but much of it is too graphic for us to broadcast. many people, including women and children, are seen with severe injuries or lying motionless on the floor in different parts of the building. many of the casualties were in one room on

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