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Transcripts For BBCNEWS BBC News Special 20240707



announced by his predecessor, kwasi kwarteng, in last month s mini budgetjust three weeks ago. in an emergency statement this morning, he abandoned indefinitely the planned ip cut in the basic income tax that was due to come next year. help with energy bills will now only last until next april. instead of for two years, and then that will be reviewed. today, jeremy hunt claimed all of those announcements will save £32 billion a year, but he also warned that there are going to be more difficult decisions ahead on tax and spending to cut government debt. he will be addressing mps in the commons later this afternoon, some time after lipm. before then, there will be an urgent question in there will be an urgent question in the commons asked by sir keir starmer. it will not be liz truss responding to that, it will instead be penny mordaunt. so plenty ahead in the commons. in terms of the market reaction, jeremy hunt said that he had sought to reassure the markets this morni ....

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Transcripts For BBCNEWS The Papers 20240707



hello and welcome to our look ahead to what the papers will be bringing us tomorrow. with me is kieran andrews, scottish political editor at the times. tomorrow s front pages, starting with the sunday express carries the latest policy initiative from prime ministerial wannabe rishi sunak he says he ll revitalise britain s high streets; the independent leads on a poll that suggests more than half the country want a general election to be called as soon as the tory leadership contest is over and a new prime minister is in place; the sunday telegraph also leads on the race to be the next conservative leader it says rishi sunaks wants the nhs to be able to fine people who miss their appointments, and it reports liz truss says there will be no second scottish independence referendum on her watch ; the sunday mirror focuses on the england match tomorrow calling the lionesses roar talent but it s main story focuses on conservative leadership contender rishi sunak. over ....

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Transcripts for BBCNEWS BBC News Special 20240604 14:23:00

Certain that nothing will change in terms of liz truss position for two weeks, do you? i terms of liz truss position for two weeks. do you? terms of liz truss position for two weeks, do you? i am not certain. the reason i say weeks, do you? i am not certain. the reason i say that weeks, do you? i am not certain. the reason i say that is weeks, do you? i am not certain. the reason i say that is because. - weeks, do you? i am not certain. the reason i say that is because. it - reason i say that is because. it might be ramping by one of the major opinion pollsters that they publish every monday at 5pm and they are saying that the poll they have coming out at 5pm this afternoon will be appalling for the tories. now that playing into the fiba royal state of affairs will unsettle mps yet again. the febrile state of affairs. but the coming of the markets would at this moment suggest relatives. lots of febrile discussion but no decisions no process. discussion but no decisions no ....

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Transcripts for BBCNEWS BBC News Special 20240604 14:20:00

Liz truss as prime minister any more? the argument that i think her allies would make is stability. she wants to stay in power to deliver economic stability. but as a counterargument, made by opposition parties and some tories that she created a lot of the instability in the first place, but she is not out making that argument today. it will be the chancellor who is left to make that argument for her. and some of her own mps are worried that makes her look weak and it makes her look like she is not prepared to come out and own the situation that we are seeing today, this colossal junking of the government s programme. i can t think of any precedent where such. in such a short period of time, a political and economic direction has been so completely stopped and the government is now heading in the exact opposite direction. thank you, nick. it is very hard to imagine or to remember, think of a ....

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Transcripts for BBCNEWS BBC News Special 20240604 14:19:00

She has made the choice to not come out and speak publicly today, she is leaving it to her chancellor. as things stand, we may not hear from liz truss until prime minister s questions on wednesday. figs liz truss until prime minister s questions on wednesday. as you say, it s not “ust questions on wednesday. as you say, it s notjust a questions on wednesday. as you say, it s notjust a small questions on wednesday. as you say, it s notjust a small change, questions on wednesday. as you say, it s notjust a small change, not - questions on wednesday. as you say, it s notjust a small change, not a - it s notjust a small change, not a single small u turn, u turns are never easy for governments but this is a wholesale about tony watt the agenda was and it means that for the opposition, there are endless lines that they can use against the government on that. it is that they can use against the government on that. it is the complete government on that. it is the complete death gov ....

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