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Transcripts For BBCNEWS The Papers 20240707



liz truss, has promised immediate action on surging energy prices, as she faced her first series hello and welcome to our look ahead to what the papers will be bringing us tomorrow. with me are annabel denham, director of communications at free market think tank, the institute of economic affairs, and anand menon, director of the think tank the uk in a changing europe, which describes itself as providing independent research on brexit and its impact. we will say hello and just a moment after we take a look at the actual front pages. the i previews tomorrow s announcement on energy bills, saying liz truss will unveil emergency support, but leaves questions over how it will be funded. the times reports that the £150 billion package will rely on government borrowing to hold bills steady for two years. about time, says the mirror. but the paper criticises the decision not to expand the windfall tax on oil and gas firms to pay for it. the new pm will revolutionise energy ....

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Transcripts For BBCNEWS World Business Report 20240707



welcome to the programme, packed with dairy delights. but we first must talk about twitter. will he won t he? the question of whether elon musk would buy the social media network twitter. it has been a six month roller coaster since mr musk first made his offer in the middle of april. having struck a deal soon after, in earlyjuly the worlds having struck a deal soon after, in earlyjuly the world s richest man revealed he d changed his mind and intended to pull out of the deal. that sparked a legal battle over whether mr musk should be compelled to uphold his promise. now he says he will go ahead after all. a few hours ago he tweeted: it s understood this app would mirror china s wechat app, which combines social media, instant messaging and payment facilities. mr musk went on to say the twitter acquisition would probably accelerate the x app by three to five years. here s samira hussain in new york. it was only six months ago when elon musk agreed to buy twitter for $ ....

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Transcripts For BBCNEWS BBC News 20240707



the islamic republic, as protesters again take to the streets. and the actor robbie coltrane, who played hagrid in the harry potter films, has died aged 72. welcome and thank you. less than 2a hours after kwasi kwarteng insisted he was 100% safe in his job as uk chancellor, he has gone sacked by liz truss after he flew back early from washington. in a day of political drama, the prime minister also reversed another of her key tax policies in an attempt to calm the financial markets. our political editor, chris mason reports. turning up for another u turn, the prime minister invited reporters to downing street this afternoon and scrapped one of her key policies that she s championed for months. it is clear that parts of our mini budget went further and faster than markets were expecting, so the way we are delivering our mission right now has to change. i have therefore decided to keep the increase in corporation tax that was planned by the previous government. this wil ....

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Transcripts For BBCNEWS BBC News 20240707

cheering and coming up at 8.30, the travel show. head down under as sydney harbour bridge celebrates its 90th anniversary. good evening. nine conservative mps have now joined the contest to succeed borisjohnson as the leader of the party and as prime minister. the soaring cost of living has put the candidates tax policies under particular scrutiny. the former health secretaries, sajid javid and jeremy hunt, have said they will cancel the planned rise in corporation tax and reduce it further. but the former chancellor, rishi sunak, has suggested tax cuts may have to wait. this report is from our political correspondent, jonathan blake. the pace is picking up in the race to be the next prime minister, and this morning, two key contenders put forward their plans. one has kept his distance from borisjohnson. there are a lot of very angry voters after what s happened in the last few months, and they re not going to come back to us automatically. choosing me would be a very strong ....

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Transcripts For BBCNEWS BBC 20240703

Some of those first on the scene used planks and poles to try to hold up part of the ruined structure, while others made their way through the wreckage, looking for survivors. The Rescue Operation continued into the night, involving teams from the state police, the National Guard and the red cross. The cause of the roof collapse isnt yet known, but a structural failure is suspected. Journalist Franc Contreras in mexico city has been keeping us up to date on the emergency. Rescuers have been working for hours now pulling rubble by hand and, actually, they have been able to rescue one or two people alive from under the rubble there and so there is still hope, the bishop says that the roof collapsed right around the major moment of The Mass On Sunday in the afte ....

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