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Transcripts For BBCNEWS Business Today 20240911

Todayis today is a big win for European Citizens and tax injustice. Trouble in the pipeline . The price of oil tumbles below 70 a barrell for the first time since 2021 as concerns grow about the state of the world economy. It relates to how two apple subsidiaries in ireland were treated for Tax Purposes between 1991 and 2014. Ireland has a low corporate Tax Rate of 12. 5 but its been accused of so called Sweetheart Deals with certain companies allowing them to pay a much lower rate. The Decision Cant be appealed apple said its disappointed with the decision and accused the European Commission of trying to retroactively change the rules. Here is what the Eu Competition Commissioner had to say. There commissioner had to say. Is a bigger picture, our investigation there is a bigger picture, our investigation has decisively contributed to a Mind Shift and change in attitude amongst member states, they have helped to trigger and accelerate regulatory and legislative reform. Take ireland, to

Transcripts For BBCNEWS BBC 20240702

sir patrick vallance, the government s chief scientific adviser during the pandemic, has told the covid inquiry that the government s response to limit the spread of the virus in the early months was not, in his words, operationally effective. he said borisjohnson, who was prime minister at the time, had struggled to understand some of the scientific concepts that were presented. the inquiry is currently looking at decisions made by politicians during the pandemic. helena wilkinson reports. sir patrick vallance arriving at the inquiry in central london this morning ahead of giving evidence. he became one of the most recognisable faces during the pandemic. faces during the pandemic. patrick, over to yom faces during the pandemic. patrick, over to you. appearing faces during the pandemic. patrick, over to you. appearing at faces during the pandemic. patrick, over to you. appearing at daily - over to you. appearing at daily covid news over to you. appearing at daily c

Transcripts For BBCNEWS BBC 20240702

and terrorist infrastructure . as the weather worsens across the region, the situation on the ground for hundreds of thousands of people who have fled south in gaza in recent days and weeks will become much tougher. we can check on the humanitarian situation on the ground. live now to ramallah where we re joined byjohn entwistle, spokesperson from the international federation of the red cross. thank you for speaking to us on bbc news. heavy rain with us. i assume the same way you are and in up give usa the same way you are and in up give us a sense of the situation on the ground this morning. us a sense of the situation on the ground this morning. thank you for the time. ground this morning. thank you for the time- as ground this morning. thank you for the time. as you ground this morning. thank you for the time. as you rightly ground this morning. thank you fori the time. as you rightly report, the situation the time. as you rightly report, the situation is the t

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