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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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CNN New Day With John Berman and Brianna Keilar July 7, 2024

new charges against steve bannon this morning, welcome to viewers here in the united states and all around the world. long-time trump adviser and ally steve bannon expected to surrender to prosecutors in new york thursday to face state charges related to his fundraising effort to build a wall along the southern border. bannon allegedly defrauded donors who contributed to a we build the wall campaign. the crowd-funded border wall raised more than $25 million. according to prosecutors bannon falsely told donors that all the money contributed would go toward the construction effort. bannon in a statement calls the indictment phoney charges and a partisan political weaponization of the criminal justice system. federal prosecutors charged bannon with the same alleged crime in 2020 but president trump pardoned bannon as he was leaving office. presidential pardons do not apply to state investigations, of course. cnn s kara scannell is joining us now with the details. what s ....

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BBCNEWS BBC News July 7, 2024

number of backers. here s our political correspondent helen catt. three potential prime ministers. two of them have officially said they want the job. the former chancellor rishi sunak has confirmed he is running, after getting more than the 100 backers he needs. in a tweet he said he was standing because he wanted to fix the economy, unite the party and deliver for the country. penny mordaunt had already said she was in the race and is the only contender so far to go in front of the cameras. but she wouldn t be drawn on the detail she of the policy she would pursue. you stand b that policy she would pursue. you stand by that what policy she would pursue. you stand by that what you policy she would pursue. you stand by that what you said policy she would pursue. you stand by that what you said a policy she would pursue. you stand by that what you said a couple - policy she would pursue. you stand by that what you said a couple of i by that what you said a couple ....

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BBCNEWS BBC News July 7, 2024

labour leader, sir keir starmer, says his party hasn t got complacent and repeats calls for a general election. these people are so fed up. they are entitled, they want a say in this. there is a choice to be made. we need a general election. let the public in to decide. do they want to continue with this utter chaos? elsewhere, headteachers in england say 9 in 10 schools will have run out of money by the next school year due to the cost of living crisis. good afternoon. rishi sunak has formally entered the contest to become the next conservative leader and prime minister. the former chancellor says he wants to lead the country with integrity, professionalism and accountability . he already has the required backing of more than 100 fellow tory mps and more than double the number publically backing borisjohnson. in the last few minutes, it is reported that suella braverman, the former home secretary is endorsing rishi sunak s bed. mrjohnson has yet to declare his cand ....

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BBCNEWS BBC News July 7, 2024

imposing policy that i “ust made up in a room by myself. imposing policy that i ust made up in a room by myself. in a room by myself. leader of the communist in a room by myself. leader of the communist party in a room by myself. leader of the communist party in in a room by myself. leader of the communist party in china - in a room by myself. leader of the communist party in china has - in a room by myself. leader of the| communist party in china has been given a third term. the first 100th birthday cards from king charles and the queen consort, camilla have been delivered to people celebrating their centennial year. good evening. in less than 2a hours, the process of electing the leader of the conservative party will move up again whoever wins will be succeeding liz truss after her ill fated six week premiership. earlier on sunday, the former finance minister or chancellor rishi sunak officially announced that he will stand. the current leader of the ho ....

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