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Transcripts For BBCNEWS BBC News 20240707

they re trying desperately to change the narrative here. and the reality that most russian forces in ukraine are on the retreat. the delayed rugby league world cup will finally begin later, when hosts england take on samoa in the first of 61 games of the tournament. hello and welcome if you re watching in the uk or around the world. in the uk, the new chancellor of the exchequer, jeremy hunt, has refused to rule out public spending cuts, and said taxes may have to rise. in his first interviews since being appointed, jeremy hunt told the bbc ministers had made mistakes when they announced plans to slash taxes without setting out how it would be paid for. in the three weeks since, the cost of borrowing money rose, both for the public and for the government. mr hunt said every government department would have to come up with savings. answering prime minister s questions this week, liz truss had suggested that public spending would continue to rise. there were some mistakes made

Transcripts For BBCNEWS BBC News 20240707

ukraine continues to push back russian forces, but the invading troops aren t giving up. they re trying desperately to change the narrative here. and the reality that most russian forces in ukraine are on the retreat. the delayed rugby league world cup will finally begin later, when hosts england take on samoa in the first of 61 games of the tournament. hello and welcome if you re watching in the uk, or around the world. in the uk, the new chancellor of the exchequer, jeremy hunt, has refused to rule out public spending cuts, and said taxes may have to rise. in his first interviews since being appointed, jeremy hunt told the bbc ministers had made mistakes when they announced plans to slash taxes without setting out how it would be paid for. in the three weeks since, the cost of borrowing money rose, both for the public and for the government. mr hunt said every government department would have to come up with savings. answering prime minister s questions this week, liz truss

Transcripts for BBCNEWS BBC News 20240604 10:02:00

would be paid for. in the three weeks since, the cost of borrowing money rose, both for the public and for the government. mr hunt said every government department would have to come up with savings. answering prime minister s questions this week, liz truss had suggested that public spending would continue to rise. there were some mistakes made in the last few weeks, that is why i am sitting here. it was a mistake to cut the top rate of tax when we are asking everyone to make sacrifices. it was a mistake to fly blind and not to back up the economic plans that were announced with an independent forecast from the office for budget responsibility. those things have been addressed. we need growth with stability, create the stability that will allow long term growth to happen. we will have to make difficult decisions on spending. it won t rise by as much as we would have liked and we will have to ask all government departments for even more efficiencies and we won t be

Transcripts for BBCNEWS BBC News 20240604 11:02:00

since being appointed, jeremy hunt told the bbc ministers had made mistakes when they announced plans to slash taxes without setting out how it would be paid for. in the three weeks since, the cost of borrowing money rose, both for the public and for the government. mr hunt said every government department would have to come up with savings. answering prime minister s questions this week, liz truss had suggested that public spending would continue to rise. there were some mistakes made in the last few weeks, that is why i am sitting here. it was a mistake to cut the top rate of tax when we are asking everyone to make sacrifices. it was a mistake to fly blind and not to back up the economic plans that were announced with an independent forecast from the office for budget responsibility. those things have been addressed. we need growth with stability, create the stability that will allow long term growth to happen. we will have to make difficult decisions on spending.

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