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Transcripts For BBCNEWS World Business Report 20240706

let s start here in the uk, where, in a few hours time, the chancellorjeremy hunt will unveil his first budget, where he will outline the government s big decisions on spending, and plans for raising or lowering taxes. among the measures he s expected to unveil is a significant expansion of free childcare provision. it s part of a strategy to get more people back to work, given the shortage of staff in some key sectors. the chancellor is also expected to announce a rise in the tax free limit for pension contributions, to encourage people to stay in work for longer. the latest economic figures underline the challenge facing the government, as well as the pressure on household and business budgets. here s our economics editor faisal islam. it is back to work budget, that s a promise, and it was centre on one of the biggest ever expansions of childcare for england with equivalent funding for other nations. parents of one and two year olds will get the same 30 hours of support a

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Transcripts For BBCNEWS World Business Report 20240707

Another day and another announcement is expected from the chancellor, this time about the timing of his Medium Term Plan for the economy. As Kwasi Kwarteng says, he is listening and the much awaited detail on his radical measures to boost Economic Growth will now come sooner, possibly this month. The government had previously insisted the fiscal plan would still be published on November The 23rd despite the market chaos that came with the announcement of the chancellors mini budget. On monday, he revealed a plan to drop the uks highest rate of tax for top earners would no longer go ahead and addressing his party conference, he acknowledged shortcomings in the initial presentation of his economic plans. Ifi if i can be frank, i know the plan put forward only ten days ago has caused a little turbulence, i get it, i get it. We are listening and have listened and now i want to focus on delivering the major parts of our growth package. Because with Energy Bill Skyrocketing and a Painful Cov

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Transcripts For BBCNEWS World Business Report 20240707

another day and another announcement is expected from the chancellor, this time about the timing of his medium term plan for the economy. as kwasi kwarteng says, he is listening and the much awaited detail on his radical measures to boost economic growth will now come sooner, possibly this month. the government had previously insisted the fiscal plan would still be published on november the 23rd despite the market chaos that came with the announcement of the chancellor s mini budget. on monday, he revealed a plan to drop the uk s highest rate of tax for top earners would no longer go ahead and addressing his party conference, he acknowledged shortcomings in the initial presentation of his economic plans. ifi if i can be frank, i know the plan put forward only ten days ago has caused a little turbulence, i get it, i get it. we are listening and have listened and now i want to focus on delivering the major parts of our growth package. because with energy bill skyrocketing and

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Transcripts For BBCNEWS BBC 20240703

The attack marks the first time iran had ever launched a direct Military Assault on israel. We will be live injerusalem shortly. But first, lets bring you up to date with the latest. Take a look at this video. Air raid sirens wail what you can hear is the air raid sirens injerusalem. What you can see is israels air defence system, the iron dome, in Operation Flashes in Thejerusalem Sky as drones and missiles are shot down. A coalition of israels allies, including the us and uk, has helped bring down some iranian drones and misiles before they reached israeli territory. This is footage of that happening overjordan. Similarly, this video is from the Skies Over Damascus in syria. You can see objects being hit in the sky. And, again, in the skies over iraq, more drones and missiles being intercepted as they travelled towards israel. So heres what we know so far. Iran has attacked israel with around 300 drones and missiles. There were significant Explosions In The Sky over israel, caused by

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