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BBCNEWS World Business Report July 7, 2024

more now on the day ahead in the uk, and we could know as early as this afternoon who the next leader of the conservative party is and therefore our prime minister. as you ve been hearing, borisjohnson has pulled out of the contest, saying the time isn t right and would not lead to much needed party unity. this leaves two contenders former chancellor rishi sunak and the leader of the house of commons, penny mordaunt, with mr sunak currently the front runner. by 2pm this afternoon if penny mordaunt hasn t got 100 backers or more, then rishi sunak is in post. if both candidates are still in play, then mps vote to state their preference. let s take a look at how the markets are trading today during asian time. we have the dollar versus again, i was hoping to show you the pound but the detail is not on that particular screen, when i looked at it months ago the pound was buying just over $1 13 cents, fairly steady versus the dollar and up slightly versus euro. joining me n ....

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BBCNEWS BBC News July 7, 2024

a so called dirty bomb disgraced former hollywood mogul harvey weinsteen faces charges of rape and sexual assault in los angeles. and as hindus around the world celebrate divali, we ll look at the significance of what indians are calling a divali gift britain s first ever prime minister of indian descent hello and welcome to bbc world news. we begin here in london, where rishi sunak has been named as the uk s next prime minister. he ll be appointed by king charles on tuesday morning, the country s third pm in seven weeks. mr sunak was declared leader of the conservative party, when his rival penny maudant pulled outjust before the deadline. he ll be the first person of colour ever to hold the post, and at forty two the youngest in more than two hundred years. his challenges include tackling the highest inflation in forty years, and restoring confidence in the government, after the brief but chaotic administration of predecessor, liz truss. here s what he said ....

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BBCNEWS Newsday July 7, 2024

of an investigation into beijing s activities in america. and disgraced former hollywood mogul harvey weinsteen faces charges of rape and sexual assault in los angeles. it s seven in the morning in singapore, and midnight in london where rishi sunak will formally become british prime minister on tuesday morning after an audience with king charles at buckingham palace. he was named conservative leader after his only challenger, penny mordaunt, pulled out of the contest just before the deadline for nominations. mr sunak made a short statement in which he promised to work day in, day out to bring the party and the country together. here s our political editor chris mason. cheering today s new conservative leader, this week s new prime minister. rishi sunak arrived at conservative party headquarters this afternoon, his party s third leader this year. waves, smiles and handshakes done, he wanted to talk to the country but didn t want to face questions i d like to p ....

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BBCNEWS Newsday July 7, 2024

live from our studio in singapore this is bbc news. it s newsday. it s 7am in singapore, and ”pm in london it s 6am in singapore, and ”pm in london where the former uk prime minister, borisjohnson, has said he won t stand in the race to replace liz truss next week. he said will not run, despite claiming to have enough mps nominating him. inset 0n)it leaves the way clear for the former it leaves the way clear for the former chancellor rishi sunak, who today formally entered in the statement he says. it leaves the way clear for the former chancellor rishi sunak, who today formally entered the contest, and who is presently the clear frontrunner. he joins the leader of the commons penny mourdant in the race. rishi sunak has tweeted after boris jonnson made that announcement, he says. he added. damien has been following the story and joins us now. what exactly happened to borisjonnson? what changed his mind? happened to boris jonnson? what changed his mind? happ ....

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BBCNEWS Newsday July 7, 2024

singapore this is bbc news. it s newsday. it s 7am in singapore, and 12am in london where the former uk prime minister, borisjohnson, has said he won t stand in the race to replace liz truss next week. he insisted he had enough support among mps, but said that putting himself forward was not the right thing to deal. nominations close on monday afternoon with a former chancellor, rishi sunak and cabinet minister penny moudant the only declared candidates. are you running for the leadership, mr sunak? could september s loser be october s prime minister? rishi sunak is a step closer to downing street tonight, beaten by liz truss just weeks ago, he could replace her as soon as tomorrow. declaring his candidacy today, he wrote. he also felt the need to say. throughout the day, the public support for mr sunak among tory mps has continued to tick up. this minister reckons borisjohnson would be a guaranteed disaster. what we can t do is have him in as prime minister in circ ....

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