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Transcripts for BBCNEWS BBC News 20240604 10:12:00

that is the boss of 0boe energy with his idea to address that cost of energy. the successor to borisjohnson is of course due to be announced very shortly, that s coming on the fifth of september, and as we ve been hearing the energy prices issue did come up at the latest leadership hustings. we can talk to our political correspondent helen catt. lots of suggestions but it will be one of two people who get to make the choices. this one of two people who get to make the choices- the choices. this has come to dominate the choices. this has come to dominate the the choices. this has come to dominate the contest - the choices. this has come to dominate the contest and i the choices. this has come to j dominate the contest and you the choices. this has come to i dominate the contest and you heard in the hustings last night liz truss rooting out energy rationing, rishi sunak saying that could not be ruled out and we ll have to see what the winter brings. we heard more from liz truss to d

Transcripts for BBCNEWS Breakfast 20240604 06:11:00

sunshine sunny spells and a fair bit of sunshine as we push by the north, with temperatures of 14 to 25. carol, thank you, we will see you soon. . , the countdown is on this time next week, a new prime minister will be in charge of the country. but before liz truss or rishi sunak can enter number 10 what happens? tomorrow, the last of 12 conservative leadership hustings takes place in london, where the two candidates will go head to head to answer questions. on friday, at 5pm, the ballot closes for conservative party members to cast their vote. those votes will be counted before the winner is announced on monday, when mps return from their summer break. the new leader will enter number 10 the following day. here to help us make sense of busy week ahead in westminster are politicaljournalists seb payne and martha gill.

Transcripts for BBCNEWS Breakfast 20240604 05:20:00

it can be as cheap as you want. that, of course, is a good sign for caravan that, of course, is a good sign for caravan sites that, of course, is a good sign for caravan sites like this one. this hasjust caravan sites like this one. this hasjust been refurbished. they will be hoping hasjust been refurbished. they will be hoping that people who are looking be hoping that people who are looking to perhaps spend a little bit less looking to perhaps spend a little bit less might choose to stay in the uk. bit less might choose to stay in the uk they bit less might choose to stay in the uk. they will be hoping that this is very much uk. they will be hoping that this is very much a uk. they will be hoping that this is very much a cheaper holiday for people very much a cheaper holiday for people. we will be back in the next hour or people. we will be back in the next hour or so people. we will be back in the next hour or so with this gdp figures once hour or so with this

Transcripts for BBCNEWS BBC News 20240604 09:18:00

bank of england is fall. many thanks for your time. the bank of england is widely fall. many thanks for your time. the bank of england is widely expected l bank of england is widely expected to make history today by increasing uk interest rates by the highest amount since 1995. the bank is expected to make an announcement at noon to tackle rising inflation. inflation is currently at 9.4%. but the current target is 2%. the current interest rate is at i.25%. and the bank of england is expected to increase the interest rate by 0.5%. the conservative leadership candidate and former chancellor rishi sunak spoke at the conservative leadership hustings last night in cardiff and said any response to inflation would need to be careful . i think the response to dealing with inflation right now is for us to be careful. i don t think launching on a spree of unfunded promises costing tens and tens of billions of pounds is a sensible thing to do. i think it risks making the situation worse, ris

Transcripts for BBCNEWS BBC News 20240604 08:08:00

chancellor rishi sunak spoke at the conservative leadership hustings last night in cardiff and said any response to inflation would need to be careful . i think the response to dealing with inflation right now is for us to be careful. i don t think launching on a spree of unfunded promises costing tens and tens of billions of pounds is a sensible thing to do. i think it risks making the situation worse, risking it lasting far longer. but also, itjust means, as i said, all we re doing when we do that is putting lots of borrowing on the country s credit card, we re asking our kids and our grandkids to pick up the tab. interest rates are one thing the next prime minister will need to tackle. 0ur political correspondentjonathan blake is at westminster. this talk of an interest rate rise, what could be political implications of that be? ~ ., of that be? well, what it illustrates of that be? well, what it

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