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Transcripts For BBCNEWS World Business Report 20240707

hello, a very warm welcome to the programme. let s start here in the uk where, in a few hours from now, the next leader of the conservative party and the uk will be announced. we won t officially know who that is until 12:30 bst but we do know for sure that whomever takes the reins will have a monumental task, both economically and politically. rising inflation and the high energy prices will be at the forefront of voters minds, while businesses will be keen to see stability and a commitment to economic growth going forward. our economics editor faisal islam has been looking at some of the immediate pressing issues. this is the economic reality facing the new prime minister. inflation at 10% and heading higher on these official forecasts. it may even go above 15%. five or even ten times target. in the general economy is already falling and heading for a 1990s style recession, according to the bank of england. the core of it all, energy prices. in international markets having

Transcripts For BBCNEWS BBC News 20240707

one of them was detained on suspicion of murder. people in chile are voting in a referendum on a new consitution that would radically reshape the country s social rights. we start in the uk the conservative party will announce in less than 2a hours who will replace borisjohnson as its leader and become the new british prime minister. whoever wins will have to tackle the enormous challenge of soaring energy prices. the frontrunner, liz truss, has promised she ll set out immediate action on energy bills if she s elected. meanwhile, rishi sunak says he s got a clear plan to help people struggling with bills, including support to insulate their homes. our political correspondent ian watson reports. with serious economic challenges to confront, you might wonder why anyone would want to move in here, but this week there will be a new occupant of number ten. the pollsters favourite is liz truss. rishi sunak has described himself as the underdog. the winning candidate will have to

Transcripts For BBCNEWS BBC World News 20240707

at 10pm, clive myrie will be here with a full round up of the day s news. first, a look back at boris johnson s time in downing street in a special programme presented by michael cockerell. six weeks ago, a typhoon fighterjet took off from an raf base in lincolnshire. its co pilot just announced he was about to become britain s ex prime minister. after three happy years in the cockpit, and after performing some pretty difficult if not astonishing feats, i am now going to hand over the controls, seamlessly, to someone else. i don t know who. boris johnson believes in the great man theory of history, and he thinks he is that great man, like his hero, winston churchill. churchill, the guy made the most incredible series of mistakes, his early career was studded with disasters of one kind or another, but he always came back from them, and he always stuck by what he believed. applause whenjohnson became prime minister three years ago, churchill s grandson, sir nicholas soames,

Transcripts For BBCNEWS Newsday 20240707

on suspicion of murder. and philippine president ferdinand marcosjunior embarks on his first overseas trip since taking office at the end ofjune. welcome to bbc news broadcasting to viewers in the uk and around the world. it s 6:00am in the morning in singapore, and 11:00pm in the evening in the uk where in less than 2a hours the conservative party will announce who will replace borisjohnson and become the new british prime minister. whoever wins will face a number of challenges chief amongst them soaring energy prices. the frontrunner, liz truss, has promised she ll set out immediate action on energy bills if she s elected. meanwhile contender rishi sunak says he s got a clear plan to help people struggling with bills, including support to insulate their homes. 0ur political editor chris mason has this report. behind millions of doors right now, anxiety about spiraling bills. and behind this door by tuesday afternoon, a new prime minister. is it in the bag now? liz truss

Transcripts For BBCNEWS The Papers 20240707

imposed under general pinochet s military rule. it s been described as one of the world s most progressive. hello and welcome to our look ahead to what the the papers will be bringing us tomorrow. with me are the journalist and broadcaster caroline frost and the parliamentaryjournalist tony grew. tomorrow s front pages, starting with. the i front page looks ahead to the announcement of a new tory leader tomorrow, referring to the frontrunner liz truss as prime minister in waiting the daily telegraph reports that liz truss is considering freezing energy bills for millions of households if she wins, to avoid an energy amageddon the times has the news that ms truss is expected to announce a support package for energy costs that would rival furlough . liz truss is also on the front of the guardian reporting that the likely prime minister will press on with tax cuts, despite tory warnings. now bbc comic mocks liz truss reads the front of the daily mail referring to co

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