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Transcripts For BBCNEWS World Business Report 20240707

we start here in the uk where the bank of england has given its bleakest forecast in recent memory a prolonged recession is on the way, starting this autumn and continuing all of next year and into 202a. if accurate, it would be the longest downturn for the uk economy since the financial criss in 2008. inflation is predicted to hit more than 13%, driven by the sharp rise in energy bills. and in an effort to rein in soaring prices, the bank has raised interest rates by the most in 27 years, piling more pressure on households. 0ur economics editor faisal islam reports. as the essentials, from fuel to food, continue to surge in price, with little sign of an end, hitting every household in the country, eventually the entire economy too will actually begin to shrink, a recession now predicted for britain. at the bank of england the governor presented the grim news with troubling charts, almost all heading in the wrong direction. gdp growth in the uk has slowed and the economy is

Transcripts For BBCNEWS Breakfast 20240707

# eastenders theme and there is a new couple in albert square, as the duke and duchess of cornwall star in a specialjubilee episode of eastenders. good morning. ithink good morning. i think many parts of the uk will see the sun at some stage today, particularly the further south and east you are, but will that sunshine sparked off some thundery showers for you this afternoon? more details on what is happening where coming up. it is sunday 22 may. our main story: the long awaited report into gatherings in downing street during lockdown is expected to be published within days. the senior civil servant sue gray has given people she intends to name in her report until 5:00pm today to respond. meanwhile, pressure is growing on the prime minister to explain what was discussed at a meeting between him and ms gray several weeks ago. our political correspondent iain watson reports. the long awaited report into gatherings at the heart of government is being finalised this weekend an

Transcripts For BBCNEWS BBC News 20240707

minister. i have always believed in australians and their minister. i have always believed in australians and theirjudgment - minister. i have always believed in | australians and theirjudgment and i ve always been prepared to accept their verdicts. we ll have the latest on what this means for australia and for the world. also this hour. here, opposition parties demand an explaination from borisjohnson, after he met with the senior civil servant, sue gray, ahead of the publication of her report into lockdown parties at downing street. pharmacists have been given temporary power to make swaps to women s hormone replacement therapy prescriptions, amid ongoing shortages. and could this be the first of record breaking heatwaves across europe? hello and welcome to bbc news. australia s general election has been won by the labor party. votes are stil being counted but labor does appear to have fallen short of an overall majority so it s unclear whether the party s leader, anth

Transcripts For BBCNEWS Verified 20240703

Hello, im matthew amroliwala, welcome to verified live. The you wake stomach or uk has called on israel to immediately investigate the death of three british nationals in gaza. Prime minister rishi sunak said he was shocked and saddened by the deaths of the aid workers in gaza. The uks Foreign Secretary David Cameron spoke with israels Foreign Minister. Lord cameron wrote on x. The charity, World Central Kitchen, says their convoy was bombed in an israeli air strike just after they had unloaded food aid at a warehouse. They are now suspending their operations in gaza. The Israeli Military says it is conducting a review into the incident. The seven workers are from australia, the uk, poland, the us canadian dual citizen as well as a palestinian. World leaders and Foreign Ministers are pressing israel to clarify the circumstances surrounding the deaths. The israeli Prime Minister also released this Video Message a little earlier. Translation unfortunately in the last day, there was a tra

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