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Transcripts For BBCNEWS Verified 20240704

July saw the world heating up. Now political debates around energy and Climate Change also hotting up too. The government has said it will back hundreds of new licences for oil and Gas Production sites like this in the north sea. It has also confirmed it will support two new Carbon Capture and storage projects in northeast scotland and the humber. These would capture Carbon Dioxide where fossil fuels are burned and pipe it under the sea to store it. Climate campaigners fear it is a tactic to keep the Fossil Fuel Industry in business. The Prime Minister on a visit to aberdeenshire argued todays announcements would help the uk reach its net zero target by 2050 while still backing new oil and gas. Even in 2050, when we are at net zero, it is forecast that around a quarter of our energy needs will still come from oil and gas. Thats why technologies like Carbon Capture and storage are important. But what is important is that we get the oil and gas in the best possible way, and that means ge

Transcripts For BBCNEWS Verified 20240705

half hour. the us defence secretary once in a dangerous moment in the middle east as america prepares to respond to the reigning attack that kills three us personnel warns of a dangerous moment. the kills three us personnel warns of a dangerous moment. the president will not tolerate a dangerous moment. the president will not tolerate attacks a dangerous moment. the president will not tolerate attacks on - will not tolerate attacks on american troops and neither will i. european leaders agree a 50 billion euros aid dealfor ukraine. meanwhile, ukraine s ministry of defence says they ve sunk another russian warship in the black sea. footage released shows that being sunk by several see drones. and the double oscar winner sparked controversy by using ai double oscar winner sparked controversy by using al to recreate the voices of two dead singers. we will talk live to the composer. first, let s round up all the business use of the day. ty kenwright has joined us. focusi

Transcripts For BBCNEWS The 20240705

given an update. would make the iraqi government upset of you? i given an update. would make the i iraqi government upset of you? it s difficult to answer that question without difficult to answer that question without commenting on the location that s without commenting on the location that s it without commenting on the location that s it on without commenting on the location that s it on the timing of future attacks that s it on the timing of future attacks which i am, or future responses, which united states might take, which responses, which united states might take, which i will not do as we have not from take, which i will not do as we have not from the take, which i will not do as we have not from the stadium, as a general matter. not from the stadium, as a general matter. we not from the stadium, as a general matter, we have made clear to the iranian matter, we have made clear to the iranian government, as i said before, iranian government, as i sa

Transcripts For BBCNEWS The 20240705

they want to raise rates, keep them on hold or cut them. just explain that shift because it gives a sense of what could happen next.- that shift because it gives a sense of what could happen next. there are nine oli of what could happen next. there are nine policy members of what could happen next. there are nine policy members on of what could happen next. there are nine policy members on the - of what could happen next. there are l nine policy members on the committee and they all get a chance to decide whether they want rates to go up, down or stay the same. in the previous meeting in december, three of the nine wanted rates to go up, six would like to hold. to date you wanted to go up, one wanted to go down and six wanted to hold. this was a surprise to markets. markets basically expected a nod and wink from the bank of england to say that rates are properly going to come down this year. so the fact that one member has said we need to lower rents today provides a much

Transcripts For BBCNEWS Breakfast 20240706

the sunshine is back today across scotland the sunshine is back today across scotland and northern ireland but england scotland and northern ireland but england and wales, more cloud. and for some, england and wales, more cloud. and for some. it england and wales, more cloud. fific for some, it will england and wales, more cloud. fific for some, it will be england and wales, more cloud. e ic for some, it will be on england and wales, more cloud. el ic for some, it will be on the wet side. it s friday, the 21st of april. our main story. the prime minister is under increasing pressure this morning to make a decision over the future of his deputy, dominic raab. rishi sunak has been accused of dithering by opposition parties, as he considers a report into bullying allegations against mr raab, which he denies. our political correspondent jonathan blake reports. have you always behaved professionally, mr raab?i dominic raab s fate is in the prime minister s hands, as rishi

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