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Transcripts For BBCNEWS BBC News 20240710

Our Economics Editor Faisal Islam reports. Multinational companies, especially the big tech giants, have become more powerful than some governments, especially in their ability to pay minimal tax bills. Today, the Finance Ministers of the seven leading economies, the g7, hit back with an historic deal brokered by the chancellor rishi sunak. Im delighted to announce that today after years of discussion, G7 Finance ministers have reached a historic agreement to reform the global Tax System, to make It Fit for the global digital age but crucially to make sure it is fair, so that the right companies pay the right tax in the right places. They agreed to the principle of a global minimum Corporation Tax of at least 15 . As well as rules to make the largest companies with profits of more than 10 pay more tax in countries where sales are made, notjust where they declare their profits. The us had initially wanted a higher Minimum Rate of 21 . What do you say to those campaigners who say 15 isnt

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Transcripts For BBCNEWS Breakfast 20240710

Monday, Is almost certaIn To be delayed by up To four weeks. The PrIme MInIster wIll make an offIcIal announcement Today, but several senIor mInIsters have already sIgned off on a postponement, as cases of the new Delta VarIant of coronavIrus contInue To rIse. Our BusIness Correspondent Katy austIn has the latest. The 21st Ofjune Had been bIlled by some as Freedom Day, the earlIest possIble date that all restrIctIons could be lIfted. Now the removal of all remaInIng rules Is not expected To happen that day. For many busInesses whIch remaIn closed, theres frustratIon and even anger at the Idea of a four Week Delay. Its thought most nIghtclubs have already been gearIng up for a 21st Ofjune reopenIng. Its goIng To be catastrophIc To us. ThIs wIll possIbly hurt us more than the InItIal lockdown back In march last year. Because youve already put money, have you, InTo openIng from the 21st . Weve been buyIng sTock, bookIng staff, for the last four weeks, gettIng the venue ready To open. Its

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Transcripts For BBCNEWS BBC News 20240710

Government and sadly it has created unnecessary Disruption And Stress for hundreds of thousands of british families. Are you one of the thousands of britons currently in portugal or have yOu Booked a holiday, and are unsure what this decision means for your travel plans this summer. Please do get it touch with me on Twitter Annita Mcveigh and use the hashtag bbcyourquestions. A leading Hong Kong pro Democracy Activist is detained by police, as authorities ban a vigil to mark the anniversary of the tiananmen square massacre. The Detained Belarussian Journalist Roman Prostasevich appears on State Tv saying he helped to organise anti government protests. His family say he was speaking under duress. And coming up remembering the british heroes of D Day, the final preparations are made at a new Normandy Memorial ahead of its opening this weekend. Hello and welcome if you re watching in the uk or Around The World. The Travel Industry has described the changes to englands Travel List announce

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