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Transcripts For BBCNEWS World Business Report 20240707

Another day and another announcement is expected from the chancellor, this time about the timing of his Medium Term Plan for the economy. As Kwasi Kwarteng says, he is listening and the much awaited detail on his radical measures to boost Economic Growth will now come sooner, possibly this month. The government had previously insisted the fiscal plan would still be published on November The 23rd despite the market chaos that came with the announcement of the chancellors mini budget. On monday, he revealed a plan to drop the uks highest rate of tax for top earners would no longer go ahead and addressing his party conference, he acknowledged shortcomings in the initial presentation of his economic plans. Ifi if i can be frank, i know the plan put forward only ten days ago has caused a little turbulence, i get it, i get it. We are listening and have listened and now i want to focus on delivering the major parts of our growth package. Because with Energy Bill Skyrocketing and a Painful Cov

Transcripts For BBCNEWS BBC News 20240707

territories in ukraine, but the us says it will never recognise russia s claims. meanwhile ukraine says 23 people were killed when a russian missile hit a convoy of vehicles carrying civilians. search and rescue efforts continue in florida, after hurricane ian caused widespread destruction. record numbers of nurses are quitting the nhs in england more than 40,000 have left in the last year. steve wright will host his final radio 2 weekday show this afternoon, but stressed he is not retiring and will continue at the station. the prime minister liz truss and chancellor kwasi kwarteng will meet the head of the office for budget responsibility, the uk s independent financial forecaster this morning. they ll discuss the fallout frpm last week s mini budget. while the watchdog offered to prepare a draft forecast in time for last friday s mini budget, that offer wasn t taken up. forecasts from the 0br give an indication of the state of the nation s finances and there have been cal

Transcripts For BBCNEWS BBC News 20240707

policy is working at cross purposes. what s your reaction to what liz truss has said this morning? what impact is the turmoil in the economy having on you? get in touch with your concerns via twitter @annitabbc and use the hashtag #bbcyourquestions two million people are left without power as one of the most powerful storms in us history hits florida s southwest coast. the gangsta s paradise rap star, coolio, has died at the age of 59. and scientists find evidence that dogs can read our mood by using their powerfull sense of smell. the prime minister, liz truss, has been speaking to the media about the economy for the first time since her government s tax cutting mini budget. she s defended her strategy, saying decisive action had to be taken, and the measures were needed to get the economy moving. however she conceded that growth wouldn t come immediately. her comments came as the former governor of the bank of england, mark carney, criticised the way the government promised

Transcripts For BBCNEWS Breakfast 20240707

a bbc investigation exposes a culture of humiliation, verbal abuse and bullying at one of the uk s largest mental health hospitals. the us rapper coolio dies at the age of 59. could earlier kick off times keep football clubs in business? a meeting will be held today to come up with a plan to help clubs deal with rising energy costs. rain to clear south west england this morning and then sunny spells and showers. with winds, not feeling as cool as it has in recent days. details later in the programme. it s thursday, 29th september. the treasury has rejected calls to overturn its mini budget plans despite ongoing economic turmoil. it s after the bank of england had to step in to buy £65 billion of government debt when some types of pension funds were at risk of collapse. hannah has been looking at some of the details for us this morning. it is quite complicated, but what the bank of england has said it has done is necessary. yes, hard to overstate the extent of the fallout f

Transcripts For BBCNEWS BBC News 20240707

hurricane ian? absolutely, although it s been downgraded to a tropical storm ida it was one of the most powerful to hit florida ranked it s not finished with its damage. there is still rain to fall in florida and as you can see it s very extensive, the rain heading into northern florida and into georgia and the carolinas so again a lot of storm surge potentially here, five or six feet, nearly two metres and several hundred millimetres of rain forecast for other states in the usa in the south east in the next couple of days. close to our shores nothing quite as stormy but we do have our first autumnal gale is coming quite widely tomorrow with some wet weather as well, so quiet today in contrast, we ve got few wish i was around, more sunshine. the wind, that chilly northerly wind, starting to ease a bit so in the sunshine away from the showers, 16 17 feels quite pleasant, we are still in september after all but it is all change. not tonight necessarily in the south and east, te

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