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BBCNEWS Talking Movies July 7, 2024

indonesia has sacked a police chief in east java after one of the world s worst football stadium disasters. at least 32 children were among 125 people who died in the crush. since the events of the mini budget, the pound has regained most of its losses, but the costs of government borrowing and mortgage interest rates are still significantly higher. it was meant to be growth it was meant to be a growth plan, not a budget. it was meant to underpin the confidence of investors in all projects from those involving towering cranes to ordinary house moves to make that investment. but instead, it amplified an interest rate shock from around the world and targeted it at the uk. if i look back at this, natwest last week were quoting a five year fixed rate at 3.77, whereas the changes that were made today, their five year fixed rate cheapest is 5.14. and that s with a 40% deposit. and that was with a 40% deposit, yeah. 10 minutes walk from the chancellor s speech, a birmingham mortgag

BBCNEWS BBC News at Ten July 7, 2024

insisting the policy would stay, despite the widespread criticism. and tonight, another shift by the government, forced by events to make it, they are bringing forward their plan for dealing with debt to later this month, to try to reassure the markets. we will have the latest from birmingham on what the chancellor admitted had been a tough day. also tonight. raising the flag. ukrainian forces retake a village in one of the region is annexed by russia last week. a warning that the uk is facing a serious risk of gas shortages this winter, which could affect electricity supplies, too. cheering. and a warm welcome in fife, as the king and queen consort attend their firstjoint engagement since the end of formal mourning. and leicester strike early as they look to move off the bottom of the table with victory against nottingham forest at the king power. good evening. at the conservative conference in birmingham, party members have of modern times. abrupt policy u turns the chancel

BBCNEWS The Context with Christian Fraser July 7, 2024

after standing by the policy. but with a growing number of senior conservatives criticising the plan, the chancellor admitted this morning that it had to go as it had become a distraction from other parts of the government s economic plan. and so the chancellor used a key speech at the conservative party conference in birmingham to try and move beyond that distraction , take a listen. what a day. it has been tough but we need to focus on thejob in hand. i know the plan put forward only ten days ago has caused a little turbulence i get it. i get it. we re listening and have listened. i refused to accept that it is somehow britain s destiny i refuse to accept that it is somehow britain s destiny to fall back into middle league status or that the tax burden reaching a 70 year high is somehow inevitable. it isn t and it shouldn t be. we needed a new. applause. conference, we needed a new approach focused on raising economic growth. just over a week after hitting an all time lo

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