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Transcripts For BBCNEWS Verified 20240704

Vaping products will come in october 2026 and the existing tax on tobacco will increase. The chancellor says thats in order to maintain the financial incentive to choose over smoking. Windfall tax on the profits of energy firms draw will be extended into 2029 even that was previously scheduled to end in 2028. Increase in flight duty for Business Class tickets, non dom tax free dream on People Living overseas and didnt that it will be replaced with new rules from april 2025. Bigger picture the uk economy now. The obr, office of budget responsibility predicts the economy is going to grow and add 1. 9 we are currently on a technical recession. Inflation rate forecast to fall below 2 target this year but the underlying debt. But the underlying debt, excluding Bank Of England debt, is forecast to be 91. 7 of gdp this year, rising to 92. 8 next year. The government also kept a freeze on alcohol duty, there is a lot to chew over and we have tried to bring up to date on the main headlines but

Transcripts For BBCNEWS BBC 20240704

Last month. But so far, the houthi havent been deterred. These are pictures of the forces actually seizing a ship in november, the iranians back group which controls most of Northern Yemen had been targeting ships in the area for months, and protest at offensive in the gaza strip. This latest action is a major escalation, the ship hit by Houthi Yesterday was the envy true confidence that the ballcarrier was selling with the crew of 20 who are mainly filipino nationals. The attack happened about 15 nautical miles from the yemen port. The ship was travelling from china to saudi arabia. The us condemned the attack saying it went way beyond disruption to navigation and international seas. ,. , seas. Not ust endangered seafarers seas. Notjust endangered seafarers but seas. Notjust endangered seafarers but now, seas. Notjust endangered l seafarers but now, tragically killed a number of them so we will continue to hold them accountable and we call on government to run the will to do the same.

Transcripts For BBCNEWS BBC 20240706

hanging over america s head, but because of the good work of president biden as well as democrats and the house and democrats and the house and democrats in the senate, we are not defaulting. democrats said from the start and we must take default of the table. for a long time republicans, many republicans in the house resisted, house republicans ready to take default hostage in order to pop as a radical heritage to gender that never could have passed with the american people. so tonight s outcome is very welcome news for our economy and for american families. i sank my colleagues for the good work tonight. i commend president biden and his team for producing a sensible compromise under the most difficult circumstances. so many of the destructive provisions in the republican bill are gone. senate majority leader chuck schumer there, welcoming the outcome of the vote and praising the work of democrats. our north america correspondent jessica parker has been following this. t

Transcripts For BBCNEWS BBC News 20240706

are still coming out of the rubble alive six days in. so it s shocking, it s also, in a perverse sense, quite heartening. in other news, us fighterjets shoot down an unidentified aircraft over alaska after president biden gave the order to seek and destroy . troops are trying to salvage the wreckage. welcome to the programme. we begin with the latest developments in the aftermath of the earthquake in turkey and syria. the united nations aid chief has described the earthquake in turkey and syria as the worst natural disaster to hit the region in a century. he has landed in the area and has been speaking to lyse doucet, we learned some interesting details from him, talking about over 100 countries having donated and about the scale of the challenge here, and one of the challenges is getting the aid into northern syria, and the difference, the contrast between the rescue efforts, some of which we are seeing now, between the two countries, turkey and syria. quentin somerville is

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