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Transcripts For BBCNEWS The Context with Christian Fraser 20240707

you will see it like never before. tonight with the context, the former mayor of baltimore, stephanie rawlings blake, and the former uk ambassador to paris and national security advisor, lord peter ricketts. hello, welcome to the programme. it s hard to overstate how poorly the british government s fiscal event on friday has been received by financial markets. nothing in recent history compares with the price moves we have seen since. not brexit, not covid, 9/11 not even the uk s ejection from the exchange rate mechanism. the pound has slumped to its lowest ever level against the dollar. and the rate on short term gilts is now higher than italy or greece. 0rdinarily, tax cuts to promote growth might be welcomed by the city, when they are properly costed. but the government s critics would say that if there s no framework for the size of borrowing, nor any timeframe established to deliver the growth the treasury is chasing, then don t be surprised if markets are spooked. s

Transcripts For BBCNEWS Outside Source 20240707

labour says the conservatives are out of ideas, regardless of who s prime minister. after 12 years of a tory government, what are we to show for it? people are not able to pay their bills and the nhs and law and order have completely broken down. priti patel has announced she will retire as soon as a new home secretary has been appointed. she was said will continue as a backbencher. from the war in ukraine to spiralling inflation liz truss is facing issues at home and abroad. we ll be speaking to a former cabinet secretary who was the top civil servant for three different british prime ministers about how she might approach the challenge. welcome to the programme. if you have questions about liz truss being set to become the next uk prime minister, send them our way and will be speaking to a range of experts through the next two hours and we ll do our best to give you some answers. you can reach me on twitter. and of course, the centre of our coverage will be britain s

Transcripts For BBCNEWS The Context with Christian Fraser 20240707

president with the violence. tonight with the context, mick mulvaney, president trump s former chief of staff, and the former conservative cabinet ministerjustine greening. hello, welcome to the programme. on a tour of the television studios this morning, the business secretary jacob rees mogg tried to blame the bank of england, rather than the uk s economic policies, for the recent market turmoil. what has caused the effect in pension funds, because of some quite high risk but low probability investment strategies, is not necessarily the mini budget. it could just as easily be the fact that the day before, the bank of england did not raise interest rates as much as the federal reserve did, and i thinkjumping to conclusions about causality is not meeting the bbc s requirement for impartiality. it is a commentary rather than a factual question. it s notjust the bbc pointing to the cause and effect of kwasi kwarteng s budget. while there is undoubtedly a global element to this

Transcripts For BBCNEWS Newsday 20240707

after it was shelled this week. they say moscow s actions are increasing the risk of a terrible accident. # we re locking in the air. # we re walking in the air. and the author and illustrator raymond briggs, best known for the children s book the snowman, has died at the age of 88. live from our studio in singapore, this is bbc news. it s newsday. welcome to bbc news, broadcasting to viewers in the uk and around the world. we start in the us, where donald trump has declined to answer questions under oath as part of an investigation into his family s business practices. mr trump described the inquiry by the new york attorney general, letitia james, as a witch hunt. ms james is looking into whether the trump organization tried to acquire loans and avoid taxes by misleading the authorities. the former president s deposition comes just days after the fbi carried out an unprecedented search at his florida home as part of a separate investigation. shortly after his visit to the ne

Transcripts For BBCNEWS The Papers 20240707

is already facing winter pressures with people being told to avoid a&e. the i leads on the tory leadership campaign truss blow: voters want hand outs, not tax cuts its headline. in the guardian, nhs cannot be put on a pedestal quoting after prime ministerial candidate liz truss, who the paper says called for cuts. the daily mail tomorrow has an attack on nhs, accusing the health service of spending £1 million on woke groups for their staff. on the front page of the mirror, fergie s case for the defence after former manchester united manager sir alex ferguson testified in the ryan giggs trial. the express says the migrant crisis to last at least five more years. and finally, the financial times weekend pages carry a warning about a market rally from the bankers of wall street. do you want to kick us off with the front page of the times? michael gove bows out with a potshot of liz truss. it gove bows out with a potshot of liz truss. , . , ., truss. it is a

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