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BBCNEWS BBC July 2, 2024

this is bbc news, the headlines. israel says the agreement to pause fighting in gaza in exchange for the release of hostages will now not happen before friday. hundreds of thousands of new arrivals to the uk a blow in the prime minister s promise to slash immigration. celebrations forthe anti immigrant politician, geert wilders. his far right freedom party is the biggest winner in the netherlands elections. and in what s been described as a win for conservation, endangered blue whales return to the waters where they were once wiped out by hunting. dutch political leaders are preparing for negotiations to form a coalition government, after the far right pvv or freedom party pulled off a surprise election victory. no party won a majority, but the pvv s controversial leader, geerd wilders, may now lead negotiations. he stood on a platform of ending immigration and banning the quran. the pvv is likely to win about 37 of the 150 seats. several other parties have said the ....

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BBCNEWS Verified July 2, 2024

illnesses in children in the north of the country. beijing has attributed the increase to the lifting of covid restrictions. and hundreds of thousands of arrivals in the uk, a blow to time for a look at the business news now. we start with a stark warning from the international energy agency. in a new report, the global energy watchdog say the gas and oil industry needs to vastly cut its emissions to reach climate goals. the iea say the oill and gas sector will have to cut emissions two)by 60% by 2030 to keep global warming to an increase ofjust 1.5 centigrades, and by 75% to reach the 2050 net zero goal. the report was released ahead of the united nations climate summit, or cop28, which begins in dubai next week. the iea call this a moment of truth for the oil and gas industry. the moment of truth is for the oil and gas companies to decide if they are going to be partners in the fight against climate change or not. and some of the data that we have suggests that, for t ....

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BBCNEWS BBC July 2, 2024

have coming from the ons, what we have here is the number of people arriving, net migration, the year ending june 2023, was 672,000 people, so the difference between those arriving and those leaving. a positive figure of 672,000. that was higher than a year earlier, injune 2022, when it was 600,000, so 10% higher, another 65,000 people arriving in 2023 compared to 2022. but the one thing they saying this is that the number was down on the estimate. if you took the december figure, it went up, but then down compared to december 2022. possibly an indication of a downward possible turn of the curve but still, as you were saying, very high figures, particularly if you consider that if you look back to the beginning, of the last election, this latest government, at the point they came in it was 226,000, so very roughly a third of the level it is now. and the promise in 2019 from the conservative government in their manifesto was that overall numbers will come down. we haven ....

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BBCNEWS BBC July 2, 2024

air traffic control restrictions at heathrow airport on sunday have been lifted. national air traffic control services blamed staff absence and strong winds for the decision to limit the number of flights. passengers reported disruption, but the airport has not yet given any confirmation on the number of services which were delayed or cancelled. the british chancellorjeremy hunt says any tax cuts in this week s autumn statement to parliament will be done in a responsible way that won t risk fuelling inflation. mr hunt wouldn t comment on speculation he may cut inheritance tax but said there would be changes to the benefits system with extra support for those with health issues who are looking for work, but tougher sanctions for those who turn down jobs. with inflation now falling, our political correspondent, damian grammaticas, assesses the chancellor s options. the biggest fall in half a century in the value of the pound against the dollar. that was just over a ye ....

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BBCNEWS BBC July 2, 2024

chancellor, what are you going to do about the turmoil in the markets this morning, sir? a tax cutting mini budget caused chaos. i won t make any comment now. the government s budget watchdog worried about inflation. it warned of a big drop in living standards over the next two years, the sharpest since records began. last month the chancellor said it wasn t time for tax cuts. we must grow the economy, be more efficient in how we spend money, then we can start to bring down taxes. now, though, jeremy hunt thinks things are changing. price rises are slowing. the bank of england s interest rate hikes have seen to that, and we are year, perhaps less, from an election so his priorities are shifting, he is now considering tax reductions. i will only do so in a responsible way. i m not going to sacrifice the progress we ve made bringing down inflation. if you re saying today, i m not going to do anything that will fuel inflation, our viewers can hear you pretty clearly hint ....

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