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BBCNEWS World Business Report July 7, 2024



kingdom is a country that pays its wa . . kingdom is a country that pays itswa. . , its way. playing catch up. euroe its way. playing catch up. europe braced its way. playing catch up. europe braced for - its way. playing catch up. | europe braced for another its way. playing catch up. - europe braced for another big rise in interest rates as the central bank battle soaring inflation. still losing friends on wall street. matter shares inflation. still losing friends on wall as eet. matter shares inflation. still losing friends on wall as the. matter shares inflation. still losing friends on wall as the owner er shares inflation. still losing friends on wall as the owner of ;hares inflation. still losing friends on wall as the owner of facebook slump, as the owner of facebook instagram suffers slump, as the owner of facebook in stagram suffers eeet ww m» slump, as the owner of facebook in revenues. iffers eeet ww f 7 w.-. . . m7 slump, as the owne ....

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BBCNEWS BBC News Special July 7, 2024



announced by his predecessor, kwasi kwarteng, in last month s mini budgetjust three weeks ago. in an emergency statement this morning, he abandoned indefinitely the planned ip cut in the basic income tax that was due to come next year. help with energy bills will now only last until next april. instead of for two years, and then that will be reviewed. today, jeremy hunt claimed all of those announcements will save £32 billion a year, but he also warned that there are going to be more difficult decisions ahead on tax and spending to cut government debt. he will be addressing mps in the commons later this afternoon, some time after lipm. before then, there will be an urgent question in there will be an urgent question in the commons asked by sir keir starmer. it will not be liz truss responding to that, it will instead be penny mordaunt. so plenty ahead in the commons. in terms of the market reaction, jeremy hunt said that he had sought to reassure the markets this morni ....

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BBCNEWS BBC News July 7, 2024



finding a way to trade with the uk internal market and also the european single market, border checks between england and scotland, as announced today by the first minister. massive gap in public finances that would have to be breached. that is a recipe for precisely the austerity she say she is worried about. let me say this. if we want economic stability, if scotland wants economic stability, to coin a phrase, we are stronger together. what will the impact of these measures be on the growth rate, and will we still avoid recession? i will we still avoid recession? i will publish the economic forecast from the obr when i make my statement in a fortnight s time. i think it s betterfor statement in a fortnight s time. i think it s better for me to wait until i hear that. but the proper answer to his question is that what we are seeking is long term, sustainable increase in the economic growth rates, and that is a central policy of the prime minister which has my wholehear ....

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BBCNEWS BBC News Special July 7, 2024



the one minute silence has been observed on the eve of the state funeral for her majesty queen elizabeth ii, and across britain as we saw there people eager to show their respect and indeed to think about what tomorrow represents, and judith and giles are still with me for a final thought as we look ahead to tomorrow. what do you think tomorrow, judith, will mean to people, as a day of remembering and giving thanks? will it touch millions of people as some people predict i would very much think it will be a beautiful day and we will see all the wonderful thing that can happen in music and the wonderful abbey, and i think also an important moment for us to realise we will not be seeing the queen again. she won t p0p up, seeing the queen again. she won t pop up, as she so often did, even in the last year doing some delightful things like cutting a cake at the wru or something. she has died and this is our real moment. yes, wru or something. she has died and this is our re ....

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BBCNEWS BBC News July 6, 2024



hello welcome to the programme. russia says its forces have completed the capture of soledar , a salt mining town in eastern ukraine that s been the focus of intense fighting. these are the latest aerial shots of the town. as you can see, it has been completely flattened from the relentless pounding by russian forces. after six months of russian military setbacks it would be the first ukrainan town to be captured sincejuly. but ukraine s military denies that soledar has fallen and says that the fighting is still going on. the defence ministry in moscow said the capture of soledar would allow russian troops to cut off ukrainian forces in bakhmut, which they have been attacking for months. russia could also launch an assault on the key city of kramatorsk. here s our correspondent in kyiv james waterhouse on the significance of capturing soledar to russia. after three days of contradictions, frankly, it seems russia has finally settled on the claim of having taken th ....

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