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BBCNEWS World Business Report July 7, 2024

Another day and another announcement is expected from the chancellor, this time about the timing of his Medium Term Plan for the economy. As Kwasi Kwarteng says, he is listening and the much awaited detail on his radical measures to boost Economic Growth will now come sooner, possibly this month. The government had previously insisted the fiscal plan would still be published on November The 23rd despite the market chaos that came with the announcement of the chancellors mini budget. On monday, he revealed a plan to drop the uks highest rate of tax for top earners would no longer go ahead and addressing his party conference, he acknowledged shortcomings in the initial presentation of his economic plans. Ifi if i can be frank, i know the plan put forward only te ....

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BBCNEWS BBC News at Six July 7, 2024

self inflicted, sometimes there is an economic crisis because of world events that can t be predicted. this is self inflicted, in downing street, with that budget. we ll have more on the bank of england s emergency intervention, and whether it s likely to work. also on the programme. an investigation by bbc panorama exposes what s described as a toxic culture at one of the uk s largest mental health hospitals. and, the people of florida are bracing theselves for one of the worst storms in the state s history. and coming up on the bbc news channel. the latest from lahore, as england take on pakistan in their fifth match of a gripping t20 series the sides locked at two matches each. good evening. it s been another day of instability on the financial markets, as concern deepens about the prospects for the british economy. last week s widely criticised mini budget unveiled by the chancellor raise laze been followed by a collapse in the pound and a sharp increase in the co ....

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BBCNEWS BBC News at Ten July 7, 2024

economy competitive. at the end of the day, that s ultimately what we have to do. what we politicians are responsible for is making the economic decisions that will drive continued growth. overnight, more chaos as hundreds of mortgage products were withdrawn. labour says it s all because of government negligence. what the government now needs to do, is to recall parliament, immediately, abandon that budget before any more damage is done. we ll have more on the bank of england s emergency intervention, and on the government s refusal to change tack. also on the programme.. inside one of the uk s largest mental health hospitals, a bbc investigation uncovers mistreatment and cruelty. the british iranian nazanin zaghari ratcliffe has cut her hair in solidarity with iranian women, whose rights are under attack from religious rulers. and the latest from florida, where hurricane ian, one of the worst storms in the state s history, is set to devastate wide areas. coming up in t ....

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BBCNEWS BBC News July 7, 2024

the nurse accused of murdering babies, wrote i killed them on purpose because i m not good enough on a post it note. ukrainian fighters who surrendered after weeks of sheltering under a steelworks, we have spoken to one who been released. former culture minister will chair a new body to examine returning the elgin marbles to greece. they are currently displayed in the british museum. good afternoon and welcome to bbc news. liz truss is coming under more pressure from some of her own mps to rethink her tax cutting plans following last month s mini budget. it comes after the goverment last week abandoned its plan to abolish the 45p tax rate for top earners. but senior conservatives have continued to voice grave concerns at liz truss s tax cutting measures without explaining how she will balance the books. one mp last night accused the prime minister of trashing blue collar conservatism . downing street says its policy is the right one for growth. our political correspo ....

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BBCNEWS World Business Report July 7, 2024

another day and another announcement is expected from the chancellor, this time about the timing of his medium term plan for the economy. as kwasi kwarteng says, he is listening and the much awaited detail on his radical measures to boost economic growth will now come sooner, possibly this month. the government had previously insisted the fiscal plan would still be published on november the 23rd despite the market chaos that came with the announcement of the chancellor s mini budget. on monday, he revealed a plan to drop the uk s highest rate of tax for top earners would no longer go ahead and addressing his party conference, he acknowledged shortcomings in the initial presentation of his economic plans. ifi if i can be frank, i know the plan put forward only ten days ago has caused a little turbulence, i get it, i get it. we are listening and have listened and now i want to focus on delivering the major parts of our growth package. because with energy bill skyrocketin ....

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