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Transcripts For BBCNEWS BBC 20240704



the most and conservative thing i could do would be to cut taxes by increasing borrowing. that s just cutting taxes and saying future generations have to pick up the tax after. i won t to do that. but i do want, where it s possible to do so, responsibly, to move towards a lower tax economy, and i d hope to show a pass in that direction. but this will be a prudent and responsible budget for long term growth, tackling inflation, my investments, morejobs, and that s path to lower taxation as and when we can afford it. but you said also, that the forecast from the obr, which is the economic watchdog which marks your homework, you have said that the numbers have gone against us. so the picture is bleaker than it was at the beginning of the year? why then are you looking now to cut taxes at all? these forecasts change the whole time. what happened in the autumn was that the forecast went in our favour unexpectedly, quite close to the end. so i was able to introduce the bigges ....

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Transcripts For BBCNEWS Verified 20240704



quite simply they are doing this because of inflation and the rate of price increases and the international comparisons are clear, although inflation is falling, in the uk it is not falling by as much or down to as low a level as it is elsewhere in europe in the us, and the us, and the bank has been talking up food prices and the amount we pay for services and the speed that wholesale, lower wholesale prices are being passed through the supply chain to us. the bank talked about crystallising risks, essentially the fear that when it comes to private sector wage growth, rings might be becoming embedded so they argued they needed to continue acting despite the impact it will have on households and businesses and we know the impact it will have on uk households and mortgage holders and also those ran singh. also a warning from the bank also those renting. they said the rates will be high for a while, they are expecting inflation to meet the target of the prime ministe ....

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Transcripts For BBCNEWS BBC 20240704



however, we should tell our viewers. we are going to do a different dance, are we? i know you are a keen ballroom dancer. there is a widespread expectation you are likely to cut national insurance, there is a widespread expectation you are going to nick labour s policy of tightening up the rules for so called non doms, people who earn huge fortunes abroad. but aren t permanent residents. you said these are foreigners who could leave easily in ireland, france, portugal, or spain, they all have these schemes, i d rather they stayed here and spent their money here. do you want to take that back? as i said, laura, i m not going to talk about individual taxes. 0h, oh, i m asking on principle. out of principle do you agree withjeremy hunt from 2022? i don t disagree withjeremy hunt from nearly everything i said in the past, but sometimes. let me say this, the country sees through gimmicks and we are not going to do gimmicks on wednesday. it s going to be a budget for responsi ....

Chancellor , Countries , Reason , Governments , Rules , Country , People , Debt , World , Borrowing-binge , Confidence , Britain

Transcripts For BBCNEWS Verified 20240704



france top that group after beating panama, but they had to come from behind. marta cox scoring panama s first ever goal at the tournament and what a goal it was. an absolute piledriver, they ended up scoring three in total but france plundering six, including a hat trick for kadi diani. in group g, south africa are through after claiming their first women s world cup win with a thrilling victory over italy. south africa gifted a leveller through benedetta orsi having gone behind. both teams then scored again a result which would have taken italy through, but the twist came in the 93rd minute, thembi kgatlana sending south africa into seventh heaven and the knock out stages. no issues for sweden, who made it three wins from three, beating argentina 2 0 rebecka blomkvist with the pick of the goals, sending the euro 2022 semi finalists through as group winners. in men s football, manchester city look to have finally secured a deal to bring josko gvardiol to the et ....

People , Death , Gunman , Synagogue , Pittsburgh , Round-up , Bbc-sport-centre , Matthew-lesh , Women-s-world-cup , South-africa , Marc-edwards , Down-under

Transcripts For BBCNEWS BBC 20240704



thousands of people have been evacuated from homes and hotels on the island. three hotels have reportedly burnt down, and many others are in the danger zone. private boats have joined the greek coastguard picking people up from beaches on the east of the island. the greek army has also been helping get tourists to safety. no injuries have been reported. plumes of smoke can be seen blanketing the island with its many resorts. the fires have been burning for five days now. the country s deputy fire chief says the blazes in rhodes are the most difficult greece is facing. it comes as the country suffers its hottest weekend in half a century. one climate expert says the current heatwave could last up to 17 days making it the longest since records began. in the past hour, i spoke to the bbc s warren muggleton, who himself has had to evacuate from the wildfires in rhodes. you have been staying there in rhodes. you be near the fires themselves to make yourself. you re in a ....

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