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BBCNEWS BBC News at One July 7, 2024

liz truss is expected to start appointing her new cabinet later today. one of the most pressing issues she will face is how to deal with soaring energy bills. details are beginning to emerge of a plan that could see energy bills frozen at their current levels for 18 months. we ll hear from voters about what they want from the new prime minister. i feel like there needs to be somebody who is a little bit more honest, a bit more transparent, and has a goal which is going to be to make the world a better place for this generation, because as a mother, i m really worried, with the cost of income with everything. and coming up on the bbc news channel. rafa nadal is out of the us open after losing to american frances tiafoe in the spaniards first grand slam defeat this year. good afternoon from downing street. in the last half hour, liz truss has met the queen at balmoral and been formally appointed as the country s new prime minister. this afternoon she will address the nation fro

BBCNEWS BBC News at Six July 7, 2024

her predecessor, borisjohnson, left downing street for the last time. in his farewell speech, he urged the conservative party to unite behind his successor. let me say i am now like one of those booster rockets that has fullfilled its function, and i will be gently reentering the atmosphere and splashing down invisibly in some remote and obsecure corner of the pacific. we will have the latest on the change in prime minister and the challenges that liz truss faces. especially the cost of fuel and the cost of living crisis, with a new plan expected this week costing tens of billions of pounds to help households and businesses. for some, to help cannot come soon enough and we will hearfrom to help cannot come soon enough and we will hear from those already feeling the pressure over the rising cost of living. feeling the pressure over the rising cost of living- cost of living. because of the gas, i don t cook cost of living. because of the gas, i don t cook so cost of living

BBCNEWS BBC News July 7, 2024

with her majesty, she will become the 56th uk prime minister the third woman in number ten. labour s deputy leader, angela rayner, says mrjohnson has missed opportunities to fix problems after the last few months. we ve seen borisjohnson going around having his holidays, and enjoying himself, when the rest of the country have been absolutely petrified. i have got businesses locally who have been there since prewar, who are saying that they will not be able to survive. hello and welcome from downing street where later today, liz truss will enter the famous door at number ten as the uk s new prime minister, after being announced yesterday as leader of the conservative party. the man she ll take over from, borisjohnson, has arrived in aberdeenshire to meet the queen in balmoral and formally resign from office. earlier this morning, here in downing street, he delivered a farewell speech extolling his own record as prime minister and calling on the conservative party to get

BBCNEWS BBC News at Ten July 7, 2024

earlier, liz truss travelled to balmoral castle in aberdeenshire where she accepted the queen s invitation to form a government. borisjohnson had already left downing street his words prompting speculation that he might want to return at some point. that he might want to a that he might want to day of transition and an ever for a day of transition and an evening for the new prime minister of shaping her government. we ll have the latest on the shape of the new cabinet and on the policy challenges. one other story, following the fatal shooting of a school girl in liverpool. for the first time, the mother of olivia pratt korbel makes a public appeal for the killer to come forward. i m hoping that they come forward. that this doesn t happen to anybody else. and coming up on the bbc news channel. a busy evening of european football celtic among the british teams in action but can they overcome the european champions real madrid at celtic park? good evening. the new prime mi

BBCNEWS World Business Report July 7, 2024

of cheer on wall street: amazon shares soar as it racks up sales of $121 billion in the last three months. hello there. we start in the us, with fears of a recession in the world s biggest economy. in the world s biggest economy are rattling people. official figures out on thursday show it shrinking for the second quarter in a row. two quarters of negative growth are what many countries around the world would define as a recession. not so in the us, as we ll show you why in a minute. us gross domestic product declined at an annual rate ofjust under 1% between april and june. that comes after a steeper 1.6% decline in the first three months of the year. but that hasn t hit the labour market yet. us treasury secretary janet yellen said the economy is now at full employment with the unemployment ratejust 3.6%. meanwhile, prices for groceries, petrol and other basics are rising at the fastest pace since 1981. he s what president biden had to say. both chairman powell and many

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