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BBCNEWS BBC World News July 7, 2024

liz truss is preparing to take over as britain s fourth prime minister in six years. it comes the day after the conservative party chose her to succeed borisjohnson. she ll travel to balmoral castle in scotland, where queen elizabeth will invite her to form a government. meanwhile borisjohnson has been spending his last night in 10 downing street before his turbulent premiership comes to an end. iain watson reports in one day we will hear from two prime ministers, on the streets the transfer of power will take place before the general election. in this morning borisjohnson will give his final speech as prime minister this afternoon liz truss chosen by conservative members will set out her store. but what will happen in between? the queen is still at balmoral so borisjohnson will fly to scotland to resign and liz truss will make the same journey to be asked by the queen to form a government, then she will get the keys to downing street and get to work. i campaigned as a ....

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BBCNEWS World Business Report July 7, 2024

and avoid reputational damage. we start with the day ahead here in the uk with a new prime minister in waiting. and as you ve been hearing from day one, liz truss has a monumental task ahead, both economically and politically. rising inflation and the high cost of energy is at the forefront of voters minds with households and businesses desperate for help. no surprise then that the energy crisis is top of the new prime minister s agenda. a freeze on energy bills is understood to be one of a number of options being worked on. that could mean bills are subsidised and the current price cap ofjust under £2,000 would be maintained for two years. the cap would be repaid in loans over the next 10 to 20 years, plus help for businesses is expected to be unveiled. scottish power estimates the two year package of energy relief could cost around £100 billion. joining me now is douglas mcwilliams, deputy chairman of the centre for economics and business research. this government ....

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