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Transcripts For BBCNEWS World Business Report 20240707

we start here in the uk, where as you have been hearing the pressure on prime minister liz truss is building after another day of political chaos. the exit of a key cabinet member, home secretary suella braverman, who delivered a blistering attack on her former boss in her resignation letter. then a huge row in the house of commons over a vote on fracking, seen as a test of loyalty to the prime minister. it saw the pound fall sharply on wednesday, wiping out all the gains made this week after liz truss replaced her chancellor and abandoned the tax cutting plans that had rattled the markets. our political editor chris mason was following events. conservative mps are openmouthed in horror at what they are witnessing, government six week old histjunked the majority of its programme and removed a chancellor in a day of complete chaos, at lunchtime a senior adviser to the prime minister suspended over allegations of briefing against conservative mps, after prime minister s questi

Transcripts For BBCNEWS World Business Report 20240707

welcome to the programme, packed with dairy delights. but we first must talk about twitter. will he won t he? the question of whether elon musk would buy the social media network twitter. it has been a six month roller coaster since mr musk first made his offer in the middle of april. having struck a deal soon after, in earlyjuly the worlds having struck a deal soon after, in earlyjuly the world s richest man revealed he d changed his mind and intended to pull out of the deal. that sparked a legal battle over whether mr musk should be compelled to uphold his promise. now he says he will go ahead after all. a few hours ago he tweeted: it s understood this app would mirror china s wechat app, which combines social media, instant messaging and payment facilities. mr musk went on to say the twitter acquisition would probably accelerate the x app by three to five years. here s samira hussain in new york. it was only six months ago when elon musk agreed to buy twitter for $41; bi

Transcripts For MSNBC Way Too Early With Jonathan Lemire 20240707

moment. plus president joe biden is ready to make more stops on the campaign trail. but some democratic candidates aren t exactly eager to join him on stage. also ahead, the latest from ukraine. as its forces launch a major counter-offensive to re-take a russian-occupied area in that country s south. good morning. welcome to way too early. on this tuesday, august 30th, i m jonathan lemire. thanks for starting your day with us. nbc news has learned that some of the documents recovered during the fbi search of former president donald trump s mar-a-lago resort potentially contain attorney-client privileged information. according to a court filing yesterday, the team used by the justice department has finished its examination of the possibly privileged documents, sorting through them and reviewing any material that could be part of congressional investigators and it would undermine trump s efforts to have a special master over the files. over the weekend a federal judge i

Transcripts For BBCNEWS World Business Report 20240707

we start here in the uk where a final battle to become the next prime minister is taking place as the country faces the worst cost of living crisis in a generation. as you ve been hearing, formerfinance minister, rishi sunak, and the foreign secretary, liz truss are the last remaining candidates. they will now face a vote by conservative party members around the uk with a result expected in september. whoever wins could mean a very different approach to the economy. truss says you cannot tax your way to growth she is proposing more than 30 million pounds in immediate tax cuts. sunak wants to delay the tax cuts until inflation is under control. borrowing your way out of inflation , he says, isn t a plan, it s a fairytale . the economic challenges facing the next prime minister are huge. last month, the rate of inflation hit 9.4% the highest rate for a0 years driven by a leap in the price of fuel, and also of basic foods like milk, cheese and eggs. our economics edi

Transcripts For BBCNEWS World Business Report 20240707

will be announced this morning by the energy regulator ofgem. this is the maximum amount companies can charge households for their energy use. the first rise saw prices to nearly £2000 and it could go up to £3000. average bills will hit £4650. let s hear from some people who are already struggling the heat their homes. #it # it takes a worried man to sing a worried song. we don t have the option sing a worried song. we don t have the option to sing a worried song. we don t have the option to turn - sing a worried song. we don t have the option to turn it - sing a worried song. we don t have the option to turn it off. have the option to turn it off or down have the option to turn it off or down or not put the kettle on for or down or not put the kettle on for the or down or not put the kettle on for the carers because my dad on for the carers because my dad is on for the carers because my dad must on for the carers because my dad isjust so on for the carers bec

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