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Transcripts For BBCNEWS World Business Report 20240707

time now to get down to business. let s start here in the uk where prime minister liz truss has been announcing her new cabinet. she has been busy into the late hours. she s decided to give kwasi kwarteng the second most powerful role in downing street after appointing him as new chancellor of the exchequer. mr kwarteng has a tough job on his hands and takes over at a critical time for the uk economy with millions looking to him for help with soaring winter energy bills. so, what about the man himself? he attended the exclusive private school eton college and went on to graduate with a double first from cambridge university in classics and history. kwarteng then went on to work as a columnist for the daily telegraph and a financial analyst at banks, includingjp morgan. more recently, he was appointed as business secretary in 2021, replacing alok sharma in the borisjohnson government. that is a short synopsis. joining me now is fiona cincotta from city index. nice to see you.

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Transcripts For BBCNEWS BBC News at One 20240707

a sharp escalation in military tension between north and south korea, with both sides firing missiles into the sea near each other s coasts. he shouldn t be doing that. and the drivers who think cyclists shouldn t be on the road and deliberately drive too close to them. coming up on the bbc news channel, india hang on to win a rain affected nailbiter in the t20 world cup against bangladesh and put themselves top of group b. good afternoon and welcome to the bbc news at one. the prime minister rishi sunak said the migrant crisis is a serious and escalating problem and admitted that not enough asylum claims are being processed. the prime minister insisted the government is getting a grip of the situation and backed home secretary suella braverman s handling of the issue. at prime minister s questions in the commons, the labour leader sir keir starmer said just 4% of people arriving in small boats last year had their asylum claim processed. it comes as the prime minist

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Transcripts For BBCNEWS BBC News 20240707

after being set up in 1982 to shake up television , today the broadcaster is celebrating four decades of being on air. good afternoon and welcome to the bbc news at one. the prime minister rishi sunak said the migrant crisis is a serious and escalating problem and admitted that not enough asylum claims are being processed. the prime minister insisted the government is getting a grip of the situation and backed the home secretary suella braverman s handling of the issue. at prime ministers questions in the commons the labour leader sir keir starmer said just 4% of people arriving in small boats last year had their asylum claim processed. it comes as the prime minister reversed his decision not to attend next week s cop 27 climate summit in egypt, following widespread criticism. our correspondent ben wright has this report. are you failing on immigration, prime minister? a week in charge and the government s under question. rishi sunak headed to the commons for his second

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