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Transcripts For BBCNEWS BBC News 20240707

torrential rain brings major flooding. and the flying scotsman the first steam engine to hit 100 miles an hour celebrates a century on the tracks. good morning and welcome to bbc news. the chancellor kwasi kwarteng has cut short his visit to the us to hold urgent talks with the prime minister, as pressure mounts on the government over its mini budget. the chancellor had been in washington for a meeting of global finance ministers. he d originally been expected to return back to london on saturday. speaking to the bbc yesterday before the change of plans, mr kwarteng said he believes 100% that he will still be a chancellor and liz truss will still be prime minister in a month s time. later today, the chancellor and prime minister are expected to hold talks with conservative mps. some think the government s tax cutting plans should be reversed, while others believe the help with energy bills should be more targeted. there s even talk of whether both the chancellor and

Transcripts for BBCNEWS BBC News 20240604 08:09:00

two? they say they are united. they sa the two? they say they are united. they say they are two? they say they are united. they say they are in two? they say they are united. they say they are in lockstep. two? they say they are united. they say they are in lockstep. they - two? they say they are united. they say they are in lockstep. they are i say they are in lockstep. they are also saying liz truss has confidence in her chancellor kwasi kwarteng. but although that is what they are saying, questions have been asked by mps at westminster as to who is really controlling economic policy. is it number ten downing street, or is it numberii? is it number ten downing street, or is it number 11? certainly, when the 45p reversal was done, that was the top rate of tax, they were going to abolish it and then they decided not to abolish it after all and there was a feeling that pressure was coming from the prime minister more than from the chancellor, that she was in listening mode and she

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