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Transcripts For BBCNEWS BBC News 20240706

and protests take place at one of the uk s biggest national parks in the form of a mass camp out. the chair of the conservative party nadim zahawi has confirmed that he made a payment to the tax office to settle a disagreement about his tax affairs. mr zahawi said hmrc accepted that an error concerning shares he gave to his father for help in setting up the polling company yougov in 2000 had been careless and not deliberate. it comes after newspaper reports that he d paid a seven figure sum and been subject to a penalty. it s understood the dispute over mr zahawi s taxes was resolved while he was serving as chancellor of the exchequer. earlier labour had called on nadim zahawi to resign. here s our political correspondent helen catt. nadhim zahawi is a seniorfigure in the government, the chairman of the conservative party, who sits in the cabinet. last year, he was for a few months borisjohnson s chancellor, in charge of the country s finances. is the hmrc still after

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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

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Transcripts For BBCNEWS BBC News 20240707

gas, the electricity companies, particularly the water companies. i think there are questions to be asked about whether these industries are properly regulated, because when you look at not only the salaries of these chief executives, but also the bonuses and tips they are being paid, and it s a nice table in the metro, naming and shaming photographs of some of the big packages. then you look at the performances, you look at there are so many leaks and these old pipes that they are pumping more sewage into our seas and rivers. but they are about to impose, and some have already imposed, hosepipe ban and some are about to. and ijust think that the ordinary person who s paying the charges for these senses, it s actually pretty fed up. so the regulators i think have failed to do theirjob, they failed to hold these companies to account and make sure they deliver a proper performance. and certainly in the case of the water companies, the likelihood of climate change, we ll see dro

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Transcripts For BBCNEWS The Papers 20240707

strike, but two. they ve identified a huge crater off the coast of africa of a similar age to the one in the gulf of mexico associated with their extinction 66 million years ago. hello, and welcome to our look ahead to what the papers will be bringing us tomorrow. with me are sian griffiths, who s the education editor at the sunday times, and the broadcaster and journalist james lewer. 0 nto onto tomorrow s front pages. let s start with the i that says liz truss is to be told by the office for budget responsibility that she has billions of pounds less than she thought to fund her promised tax cuts. the ft has another story about the frontrunner to be the next prime minister, saying she has city of london s top regulators in her sights with an immediate review if she wins. now to exam results day, as the daily telegraph features a picture ofjoyful students celebrating with the headline that 20% of our top university places have gone to foreign students. the daily mirror asks w

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Transcripts For BBCNEWS BBC News 20240707

in a few hours but soon they will all be behind me getting ready for the concert to begin. a senior ukrainian official says ukraine s forces are pushing back russia in the key city of severodonetsk, where the two sides are locked in fierce street battles. travel disruption continues. airlines cancel more flights today and rail passengers are being warned of delays because of strikes by conductors. and wickets are beginning to tumble, at lords as england s batsmen struggle to chase the target set for them by new zealand. welcome to bbc news. a third day of celebrations for the queen s platinum jubilee is under way, with members of the royal family attending events across the uk. the duke and duchess of cambridge are at cardiff castle with their two older children prince george and princess charlotte. the day will end with an open air concert at buckingham palace where prince charles will pay tribute to the queen for her enduring service. let s head to the mall there now and to

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