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BBCNEWS Business Today September 14, 2024

The trade implications. Scotlands only Oil Refinery is to close with a cost of 400 jobs the Unite Union calls it an act of industrial vandalism. And Credit Crunch why are so many Women Led bUsinesses cancelling Expansion Plans because they are unable to access finance . Well speak to one big bank trying to address that. Live from london, this is bUsiness today. Im mark lobel. The Aircraft Maker Boeing is awaiting news from its workforce on whether its accepted a four Year Pay Deal which could lead to a walkout of up to 33,000 workers. The deal 25 over four years has been backed by the workers iam union, but many employees are not happy with the terms. A result s expected very shortly and could lead to Strike Action in the coming hours. That would affec ....

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BBCNEWS Political Thinking with Nick... July 7, 2024

he s the education secretary, kit malthouse. four years before then he did more junior roles, having been deputy to borisjohnson, not as prime minister, but when he was mayor of london. kit malthouse is seen as a fixer. he becomes the fifth education secretary in a little over a year, a sign ofjust how unstable politics has been. kit malthouse, welcome to political thinking. thank you. i m flattered to be here. well, it s been a roller coaster ride this week, hasn t it? it has been a challenging week, as they say. i think that s the euphemism that politicians use. but hopefully things will settle, although i have to say it comes. i mean, i got elected in 2015 and it s been a pretty much a roller coaster ride since 2016. so leadership elections, general elections, referendums, pandemics, wars, it s been a, you know, a bit of a roller coaster. so i sort of feel a bit seasoned towards it. and to be honest with you, nick, ifind myself a bit surprised that people are surpri ....

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BBCNEWS BBC News July 6, 2024

hello, welcome. the uk conservative party chairman, nadhim zahawi, has responded to reports that he had to pay a penalty as part of a multi million pound tax settlement. in a statement, the former chancellor said the tax office had disagreed about the exact allocation of shares his father had in the polling company yougov, which mr zahawi founded. he said the uk s tax authority, hmrc, had concluded it was a careless and not deliberate error and that he had paid what was due. labour had earlier called for mr zahawi to resign over the matter. our political correspondent jonathan blake has more on today s statement. yes, for almost a week, nadhim zahawi has been under pressure to give more detail about his tax affairs. there is one central question at the heart of this scrutiny, and that is whether he used an offshore entity to hold shares in the polling company yougov, which he set up before he came into politics back in the year 2000, and also whether subsequently he has p ....

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BBCNEWS BBC News July 6, 2024

hello, welcome. we start in the uk. the chair of the conservative party, nadim zahawi, has confirmed that he made a payment to the tax office to settle a disagreement about his tax affairs. mr zahawi said hmrc accepted that an error concerning shares he gave to his father for help in setting up the polling company yougov in 2000 had been careless and not deliberate. it comes after newspaper reports that he d paid a seven figure sum and been subject to a penalty. it s understood the dispute over mr zahawi s taxes was resolved while he was serving as chancellor of the exchequer. earlier, labour had called on nadhim zahawi to resign. here s our political correspondent helen catt. nadhim zahawi is a seniorfigure in the government, the chairman of the conservative party, who sits in the cabinet. last year, he was for a few months borisjohnson s chancellor, in charge of the country s finances. is the hmrc still after you, sir? but since then, he s faced questions abou ....

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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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