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Transcripts For BBCNEWS Business Today - NYSE Opening Bell 20240911

As ministers voted today, they should be in no doubt, the firstjob is to keep people safe, them every single day, protect them every single day, they make the hardest budgetary decisions, harderthan they make the hardest budgetary decisions, harder than those of the treasury, because they have no choice and they have to put a roof over their head and they have to pay for their food. And they have to pay for their heating. We note that now the sums are not adding up and we are getting the letters coming in, and the constituents are scared and they are telling us they are frightened, as they will not switch to switch because they know if they do, they will have bills they cannot pay, and we need to protect those vulnerable people and i commend my friend for driving forward the ambition to get 880,000 pensioners signed up get 880,000 pensioners signed up to Pension Credit. I really hope that people will test the system and make sure they can. 243 system and make sure they can. 215 questio

Transcripts For BBCNEWS BBC News Now 20240911

Is fully behind the action that we are taking. The member for shipley with her huge experience in health and social care, talked about the need to work with those in supported Accommodation And Housing associations and the nhs to make sure pensioners get the help they are entitled to and i will spell some of the action out. The Memberfor Rossendale and darwen made a strong case for targeting health on the poorest pensioners and the need to tackle the root causes of poverty including insulating homes and bring Energy Costs down. And the memberfor pool, one of the things he said was the long and complex form for Pension Credit which i have asked to be reduced to make it asked to be reduced to make it as simple as possible. I would like to start by setting out why we have taken the difficult decision to means Test Winter Fuel payments so they are no longer available to all pensioners whatever their income. But focused on those in greatest need. Put simply, it is because we must fix the fo

Transcripts For BBCNEWS Signed 20240911

Two goals In two and a half mInutes, waless blIsterIng start In montenegro gIves CraIg Bellamy hIs fIrst wIn as theIr new manager. Good Afternoon And Welcome to the Bbc News at one. More than 1,700 prIsoners In england and wales have started leavIng jaIl early, as part of a temporary scheme to ease pressure on the overcrowded and strugglIng PrIson System. Offenders whove served at least 40 of theIr sentences are beIng released, though that doesnt extend to Inmates beIng held for serIous vIolence or sexual offences. The JustIce Secretary says every avaIlable measure has been taken to protect the publIc, but there are concerns some people beIng freed may not have homes to go to, whIch could raIse the rIsk of reoffendIng. Our Uk Correspondent AdIna Campbell reports. Wandsworth jaIl In south london, as frIends and famIly waIt for prIsoners beIng released early. And Its a sImIlar pIcture outsIde NottIngham PrIson where we meet ben, convIcted for actual bodIly harm. I was homeless, I was lIv

Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

On a friday in june, this is a huge deal. For me, the headline of the week was qantas in australia delaying International Flights into october. Madame lagarde is on that calendar. Im sure what she is saying come and much of what we saw in the United Kingdom yesterday, is lets get to it and keep the fiscal stimulus pressure going. None of these people are standing aside and relaxing. They clearly seems to be the message. Francine 100 . If you look at the shift of a lot of the language of the Central Banks, they see the range of forecast tilting slightly to the downward compared to where they were months ago. We will have plenty more on the markets. Lets get to first word news in new york city with ritika gupta. Upika china plans to speed purchases of u. S. Farm products to comply with the trade deal. Beijing will buy everything from soybeans to corn and ethanol. Purchases fell behind because of disruption caused by the coronavirus, and the countries have been sparring over the origins o

Transcripts For BLOOMBERG Bloomberg Markets European Open 20240713

Ready and waiting. Jerome powell says the fed is willing to use all weapons to combat the coronavirus downturn. Philip lane says the ecb is prepared to boost bond buying. Andrew bailey testifies in front of lawmakers today. A lot of centralbank action. Global coronavirus cases near 5 million, as one report throws cold water on modernas vaccine testing. That is what drove stocks lower yesterday and now we see futures down here, up in the u. S. And asia, say mixed picture. J. P. Morgan joins a Goldman Sachs in saying that further quantitative easing is needed to cap bond yields. The u. S. Is so strong a billion dollars of 20 year treasuries today and it looks like a lot more supply is getting mopped up by the central bank. An hour away from the start of cash equity trading in europe. Take a look at the picture here. Arrowslooking at all red in terms of futures, euro stoxx, ftse futures and dax futures are down. If you take a look at the u. S. Futures picture after the downturn yesterday,

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