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Transcripts For BBCNEWS World Business Report 20240706

mischievous asia s richest man hits back against us traders who raised doubts about his finances, wiping $10 billion off his companies share prices. and never too late to influence why brands are seeking out older people to push their products hello. we start here in the uk, where in a few hours time the government s finance chief chancellor of the exchequerjeremy hunt will announce plans to boost the economy and tackle the country s poor productivity. central to those plans, freeing the city of london s giant insurance firms from eu rules on how much cash they have to keep in reserve. they say it could release 100 billion pounds to invest in things like clean energy and infrastructure. mr hunt will also warn against an attitude of declinism amid accusations from business that post brexit uk is in danger of getting left behind in an increasingly competitive world economy. the future looks very uncertain because you have that ira, the 350 billion dollars been spent in

Transcripts For BBCNEWS Breakfast 20240706

for many rail commuters, like these in marston in west yorkshire, getting around has become an ordeal and notjust on strike days. trains are always cancelled, you can t rely on them. i go to work to manchester, i only go one day a week but it s still a nightmare. i would probably go in a bit more to work if i could get the trains, it s absolutely shocking at the moment. i don t feel like it s train service at all. it s just incredibly dire and stressful for commuters. train cancellations in britain have reached record levels. the industry blames covid delaying the training of drivers, staff sickness, and factors like winter weather, plus the knock on impact of strikes. transpennine express, which runs services around the north of england and into scotland, has been making dozens of cancellations each day for months. the northern powerhouse partnership, campaigning business group, claims today that the operator s problems are costing the economy in west yorkshire £2 million a

Transcripts For BBCNEWS The Travel Show 20240706

there are growing calls for the train company transpennine express to have its contract revoked after more than 40% of planned trains were cancelled this week. the operator, which runs trains in the north of england and into scotland, has apologised and said high levels of sickness and a training backlog caused the issues. spencer stokes has been on board to see what commuters have been making of the disruption. 7.20 in the morning and the manchester bound platform at leeds is deserted. passengers appear to be staying away as a result of back to back train cancellations. the next fast train to manchester won t leave for an hour. crossing the pennines involves getting an overcrowded, stopping train. how long will this 43 mile journey take? on board, we meet heather, heading to work in huddersfield. i have just let my boss know i will be late, there was nothing we can do about it, they are understanding but it is a consistent issue and getting worse. i never had to do this be

Transcripts For BBCNEWS BBC News 20240707

as ukraine s forces gear up for battle. and we meet the british teenagers, getting a chance to explore antarctica, thanks to their work in the community. hello and welcome if you re watching in the uk or around the world. thousands of people have been taking part in candlelit vigils in south korea, to remember the 156 people killed in a crush on halloween. the victims, mostly young people, were among around 100,000 people who had flocked to the popular itaewon nightlife district in the capital seoul. 0ur correspondent nick marsh is there and sent this report. it has been organised by one of the groups who are anti government and are affiliated to the opposition party. it is more of a protest than a vigil. the people i have been speaking here want the resignation of the south korean president. they say that he and his government are responsible for the tragic loss of life on saturday night. clearly, we know that there have been police failings were not enough officers were dep

Transcripts For BBCNEWS BBC News 20240707

to sack thousands of staff at twitter, but admits revenues will drop. and we meet the british teenagers, getting a chance to explore antarctica, thanks to their work in the community. good afternoon. police say the firebombing of a migrant processing centre in dover last sunday was motivated by an extreme right wing terrorist ideology. 66 year old andrew leak from buckinghamshire threw up to three incendiary devices at the site. he is believed to have later taken his own life. the government has been facing widespread criticism for its handling of overcrowding at an immigration centre nearby. meanwhile, overnight there was a disturbance at an immigration centre in west london. it s understood that a group of detainees armed themselves with weapons during a power cut. the home office says no one was injured during the incident at harmondsworth detention centre and the people involved have been returned to their rooms. our correspondent, emily unia, told us more. this happened

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