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Transcripts For BBCNEWS World Business Report 20240707

we start in the uk, where we now have a new finance minister after a night of high political drama. the former chancellor rishi sunak handed in his resignation on tuesday evening, citing a failure of leadership from the prime minister in his handling of the latest political scandal. this left the top finance job up in the airfor a few hours before nadim zahawi was appointed as the new chancellor of the exchequer. this comes at a critical time for the economy as the uk grapples with a cost of living crisis and rising inflation. this was acknowledged in rishi sunak s resignation letter. he said: now, this is being read by some as a defence for current high taxes which could mean that the new man in the job may have been brought in to change that. so what can we expect from the new chancellor? i m joined byjustin urquhart stewart founder of the investment platform regionally. justin, platform regionally. good morning to you. so, justin, good morning to you. so, let s talk abou

Transcripts For BBCNEWS Newsnight 20240703

Leaking pipes, leaking cash. And now parasites leaking into the water supply. Can anyone fix the Water Industry . The Water Companies were passed into the private sector debt free, but with the public now revolting against a tide of effluent in our rivers and seas will they now have to pick up the bill . Also tonight, the godfather of Artificial Intelligence Geoffrey Hinton has a warning for humanity. My guess is in between five and 20 years from now. Theres a probability of about a half that well have to confront the problem of them trying to take over. And does that potentially lead to extinction level threats . Potentially, yes. And the new members of Generation Rent the Growing Number of pensioners stuck in the private rental sector. I expected that there would be consideration for when i was older. It seems that nobody cares. Theyjust dont care anymore. Water should be a simple business. Everyone needs to buy it. The companies that provide it all have regional monopolies. The key

Transcripts For BBCNEWS BBC 20240703

She has been telling her story to our correspondent nomia iqbal who joins now from la. This is the latest woman who has made this is the latest woman who has made claims against Russell Brand. She chose made claims against Russell Brand. She chose to speak out after 15 years. She chose to speak out after 15 years, following those investigations we have seen, but also because of the discovery of audio also because of the discovery of audio this also because of the discovery of audio. This is the first instance uncovered audio. This is the first instance uncovered of Russell Brand talking about uncovered of Russell Brand talking about alleged Sexual Misconduct on air. I about alleged Sexual Misconduct on air~ i do about alleged Sexual Misconduct on air. I do want to give you a warning that some air. I do want to give you a warning that some viewers may find some of the themes that some viewers may find some of the themes and language of my report disturbing you are listening to bbc radio

Transcripts For BBCNEWS BBC 20240701

rises to 1.5 celsius above preindustrial levels. but island nations, which are hardest hit by climate change, are not happy. they say their way of life is being threated because there s not enough emphasis on cutting emissions in the short term. our climate editor, justin rowlatt, reports from dubai. we waited and we waited and then. hearing no objection, it is so decided. ..with the bang of a gavel, the deal was done. applause and it got a standing ovation. so the hammer has just gone down here in dubai, and that was the fastest that an agreement text has ever been agreed. the president, dr sultan aljaber, he s calling this an historic agreement, but it is hedged around with questions and doubts. it calls on countries to contribute to ambitious actions to tackle climate change. now, i could do a single plate and claim to have contributed to doing the washing up, but would you consider that i had really pulled my weight? the president of these talks was in no doubt how import

Transcripts For BBCNEWS BBC 20240701

experts say this is crucial if humanity is to limit temperature rises to 1.5 degrees celsius above pre industrial levels. but island nations, which are hardest hit by climate change are not happy. they say their way of life is being threatened because there s not enough focus on cutting emissions in the short term. our climate editorjustin rowlatt reports from dubai. we waited and we waited and then. hearing no objection, it is so decided. ..with the bang of a gavel, the deal was done. applause and it got a standing ovation. so the hammer has just gone down here in dubai, and that was the fastest that an agreement text has ever been agreed. the presidency, dr sultan aljaber, he s calling this an historic agreement, but it is hedged around with questions and doubts. it calls on countries to contribute to ambitious actions to tackle climate change. now, i could do a single plate and claim to have contributed to doing the washing up, but would you consider that i had really pull

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