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Transcripts For BBCNEWS Business Today 20240913

Im lukwesa burak. We start here in the uk because the uks national debt is on course to triple over the next half a century. Thats the warning from the governments official forecaster, the office for budget responsibility. An ageing population, climate change, and rising geopolitical tensions will all put increasing pressure on the Public Finances according to the 0brs report. And it says without extra Tax Revenues or a return to post War Productivity levels, the Public Finances are not sustainable over the long term, and something has got to give. Uk national debt is currently at almost 100 of the size of its annual Economy Output or gdp. The 0br says its Base Scenario is a national debt of 274 of gdp in 2071. Risks from war, disease, cyber Conflict And Trade tensions could push that even higher. By 2071, the 0br expects the uk to be spending more than £200 Billion extra per year on things like health, Social Care and pensions. The chair of the 0br Richard Hughes spoke to the bbc ear

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Transcripts For BBCNEWS BBC News 20240904

In that underspend, and will commit to at least Ring Fence what is already Ring Fenced. I think its likely straight from i think its likely straight from the original question. | from the original question. Think a from the original question. I think a whole range of this government effect. I will ensure that the Secretary Of State for environment and rural affairs hears loud and clear the message from the honourable member and im sure he will include that in part for submission to the Spending Review in october. Its submission to the Spending Review in october. Review in october. Its very important review in october. Its very important to review in october. Its very important to encourage important to encourage investment, it is also important to address the issue of Youth Unemployment. Can i ask this question. What discussions has the chancellor had with the northern Ireland Assembly about Youth Unemployment . fit, assembly about Youth Unemployment . Assembly about Youth Unemlo Ment

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Transcripts For BBCNEWS BBC News Now 20240904

Whether it should match elsewhere in the uk or whether it is set at the right level are likely to continue. Our correspondent are likely to continue. Our correspondent lorna are likely to continue. Our correspondent Lorna Gordon in holyrood. As if by magic we can speak to the general secretary of the scottish trades union congress. Can you explain, what did you mean when you say the Scottish Government could have raised more revenue by taxing any different way . We more revenue by taxing any different way . More revenue by taxing any different way . We have been settin different way . We have been setting out different way . We have been setting out for different way . We have been setting out for a different way . We have been setting out for a couple different way . We have been setting out for a Couple Of. Setting out for a Couple Of years ways that the Scottish Government could raise additional revenue within existing powers and it is not just all about income tax. They could, for

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Transcripts For BBCNEWS Breakfast 20240904

Cafes and bars as workspaces . We talk to the businesses making sure that hosting workers pays. First grand Slam Quarterfinalfor Jack draper, the first british player in mens singles to reach the last day of the Us Open since Andy Murray eight years ago. More of you should see at least a little bit of Sunshine Today but they will still be shower clouds around. I will have all the details. Good morning. Its tuesday the 3rd of september. PhOne companies are to meet with Government Ministers to discuss measures to tackle crime, after the number of Snatch Thefts more than doubled in england and wales over the last year. The government says the rise is down to an increase in demand for second hand smartphOnes both in the uk and overseas. Our correspondent Frances Read has the details. Audacious. Easy. A quick snatch, and its gOne. Pins and facial recognition help, but theyre not a solution. And its often young people who are being targeted in places like parks and outside transport hubs. Th

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