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BBCNEWS The Context with Christian Fraser July 7, 2024



you will see it like never before. tonight with the context, the former mayor of baltimore, stephanie rawlings blake, and the former uk ambassador to paris and national security advisor, lord peter ricketts. hello, welcome to the programme. it s hard to overstate how poorly the british government s fiscal event on friday has been received by financial markets. nothing in recent history compares with the price moves we have seen since. not brexit, not covid, 9/11 not even the uk s ejection from the exchange rate mechanism. the pound has slumped to its lowest ever level against the dollar. and the rate on short term gilts is now higher than italy or greece. 0rdinarily, tax cuts to promote growth might be welcomed by the city, when they are properly costed. but the government s critics would say that if there s no framework for the size of borrowing, nor any timeframe established to deliver the growth the treasury is chasing, then don t be surprised if markets are spoo ....

Bank Of England , British Pound , Christian Fraser , Kwasi Kwarteng , President Putin , Call Up , Peter Ricketts , Stephanie Rawlings Blake , National Security Advisor , British Government , Not Brexit , Exchange Rate Mechanism , Not Covid , 9 11 , Tax Cuts , Don T , Currency Markets , Borrowing Markets , Interest Rates , Borrowing Costs , Labour Party Conference , Tojonathan Blake , Fiscal Plan , O Osition , Rachel Reeves , Lady Blame ,

Italy seems poised to elect a far right prime minister with neo-fascist roots | Day 6 | Live Radio

Italy appears set to elect Giorgia Meloni, head of the far right Brothers of Italy party, as prime minister on Sunday. Meloni came into politics via a neo-fascist party that has now disbanded. Oxford University political scientist Giovanni Capoccia tells us what's at stake and why Meloni appeals so strongly at this moment. ....

Giorgia Meloni , Giovanni Capoccia , Oxford University ,