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Transcripts For BBCNEWS World Business Report 20240707

we start here in the uk where later today, prime minister borisjohnson will promise new measures to rejuvenate the flagging economy. as part of a visit to the northern county of lancashire, he will pledge reforms to help with the soaring cost of everything, quote, from food to energy to childcare to transport and housing . it comes as fuel prices hit a new record, rail workers threaten strike action over pay, and the oecd think tank warns the uk will be the worst performing economy in the developed world. our business editor simonjack reports. it s a shocking site but maybe not for long. fuel prices continued their relentless march upwards with the average price of unleaded seeing its biggestjump to one pound 78 but many are paying more. i pen; but many are paying more. i pay £2 a litre- but many are paying more. i pay £2 a litre- i but many are paying more. i pay £2 a litre. i do but many are paying more. i pay £2 a litre. i do deliveries, - £2 a litre. i do de

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Transcripts For BBCNEWS BBC News at Ten 20240707

being warned of a 13 hour wait to see a doctor in a&e. the mass shooting in uvalde in texas two weeks ago which left 19 children and two adults dead. us lawmakers hear harrowing testimony from survivors. he and the artist who depicted fantasy and her own life, dame paula rego, has died at the age of 87. and coming up on the bbc news channel: it s one of the most lucrative and controversial tournaments ever. six time major winner phil mickelson is due to tee off at the first saudi funded liv golf event in hertfordshire. good evening. motorists and rail travellers are bracing themselves as rising prices and consequent demands for pay increases combine to create a perfect travel storm. the price of petrol is soaring, largely due to the war in ukraine and the rac is predicting the cost of filling a typical family car could go above £100 tomorrow. 0n the railways, the rmt union says the cost of living crisis, with inflation running at 9%, has prompted a planned series of wa

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Transcripts for BBCNEWS World Business Report 20240604 04:34:00

being told not people. public sectors are being told not to - people. public sectors are being told not to expect i being told not to expect inflation matching pay rises by treasurer former prime minister with problems of his own. the scene is set for a pay showdown. susannah streeter is senior investment analyst at hargreaves lansdown. the prime minister will make a big speech later on today? what tricks will he have up his sleeve? tricks will he have up his sleeve? , , . ., . ,, sleeve? he is expected to make a seech sleeve? he is expected to make a speech because sleeve? he is expected to make a speech because warnings - sleeve? he is expected to make a speech because warnings are l a speech because warnings are coming thick and fast, warnings from the world bank, the british chambers of commerce and the oecd d in the uk could be especially badly hurt. so he will feel he has to come up with the goods now, so what we may see in the months to come some indication that taxes will

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Transcripts for BBCNEWS BBC News at Ten 20240604 21:05:00

rises by a chancellor wanting to cut taxes, working for a prime minister with problems of his own. the scene is set for a pay showdown that may have onlyjust begun. simon jack, bbc news. soaring food prices are contributing to the squeeze on family budgets, but today russia s foreign minister denied the war in ukraine was the cause, even though there s been a collapse in essential ukrainian exports of grain. sergei lavrov made his comments in turkey, where talks are ongoing to find agreement on how to unblock shipments from ukraine. the world trade organization said that grain shortages as a result of the war will lead to a disastrous situation worldwide. our global trade correspondent dharshini david reports. ukraine s crops can usually feed 400 million mouths, but russia stands accused of turning that breadbasket into a stealth missile.

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