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BBCNEWS BBC News July 7, 2024



we never deal with it, we kind ofjust move on. the british prime minister liz truss has apologised for mistakes in the government s financial strategy a strategy that she set in motion. the majority of measures in her so called mini budget have been reversed by her new finance minister jeremy hunt. he was in parliament on monday to explain why the economic policy was being scrapped. the prime minister herself was keeping a low profile. in a moment, we ll hear an exclusive interview with her. but first, our political editor chris mason has the story of how the day unfolded. first thing this morning, it felt like a government on the run. sorry about the rain, guys. the new chancellor was even apologising for the weather. jeremy hunt was jogging before dawn thought of breaking. any more u turns? the answer was yes. news was already breaking. mr hunt was performing the last rites on almost all of liz truss s plans her programme for government dead. living hour by hour. ....

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BBCNEWS BBC News July 7, 2024



the uk s formerfinance minister rishi sunak will formally become prime minister later on tuesday after an audience with king charles at buckingham palace. he was named conservative leader after his only challenger, penny mordaunt, pulled out of the contest. mr sunak promised to work to bring the party and the country together. it is the greatest privilege of my life to be able to serve the party i love and give back to the country i owe so much to. the united kingdom is a great country, but there is no doubt we face a profound economic challenge. we now need stability and unity, and i will make it my utmost priority to bring our party and our country together. so who is britain s soon to be prime minister? here s our deputy political editor, vicki young. addressing the nation during a pandemic, a month after becoming chancellor. you will not face this alone. rishi sunak helped lead to the government s economic response. the furlough scheme paid 80% of millions of people ....

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BBCNEWS BBC News June 4, 2024 02:20:00

For the uk on the global stage, on the international financial times, they again get into the economic problems facing sunak, they talk about his capabilities, they say it is a call to action, we need a medium term debt cutting plan, they get into some positive signs, they say yield on gold has gone down and the pound rallied against the dollar, but he they say he has a daunting in trade ahead of him. well, earlier, ispoke to the economist david blanchflower who formerly sat on the bank of england s monetary policy committee. i began by asking what his shorterm economic outlook was with rishi sunak as prime minister. it s going to be very tough and he had the benefit of experience that he was the chancellor and he did very well with the furlough schemes and he did oppose what liz truss was going to do, so he ....

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BBCNEWS BBC News June 4, 2024 02:12:00

i was trying to convince him that nothing is going to happen, i was like, please, i have kids.” harvey weinstein sat in court listening to all these quotes and descriptions of the assaults and rapes that he is accused of, without making a reaction. mr thompson told the court that each of the women will be able to describe abnormalities in weinstein s genitalia resulting from surgery he underwent in 1999 which left which left considerable scarring. this afternoon we have been hearing from mr werksman, harvey weinstein s lawyer, as he made the defending opening statement. he said that two of weinstein s alleged victims made up the accusations, two others, he said, had what he called tra nsactional sex with him. he called jane doe four, just another bimbo who slept with weinstein to get ahead in hollywood weinstein nodded his head approvingly as mr waxman finished his statement. as you said, harvey weinstein has ....

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BBCNEWS BBC News June 4, 2024 03:16:00

Concorde bows out in style after almost three decades in service. an aircraft that has enthralled its many admirers for so long taxis home one last time. this is bbc world news, our top headline. uk prime minister liz truss acknowledges her government made mistakes and says she s sorry for them. blanchflower, who formerly sat on the bank of england s monetary policy committee. i asked him what he made of the speed with which liz truss mini budget has been undone. well, i thought it was going to be a disaster injuly and august, and i wrote columns saying that liz truss had to go ....

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