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BBCNEWS Unspun World with John Simpson July 7, 2024

Rishi sunak officiallyjoins the race to be the next conservative leader and prime minister, this Afternoon Culture Secretary Michelle Donelan has gone public with her support for him. Penny mordaunt is still in the running. She told the bbc she believes in cabinet led politics. I have my views but i will not be imposing i have my views but i will not be imposing policy that i have just made imposing policy that i have just made up imposing policy that i have just made up in a room by myself. The question now does borisjohnson have enough backers to stand as well . Labour leader kier starmer says his party hasnt Got Complacent and repeats calls for a general election. The schools struggling to keep the lights and heating on headteachers warn spiralling energy costs could see most schools in england run out ....

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BBCNEWS BBC News at One July 7, 2024

instability and rising mortgage rates for some time to come. downing street says the prime minister is now focussed on ensuring economic stability, but with most of her plans now ripped up, we ll be asking whether liz truss can survive, and getting reaction from voters. also this lunchtime the head of the metropolitan police says hundreds of his officers should have been sacked for gross misconduct. civilians rescued in the ukrainian capital after an attack by russian kamikaze drones. and against the odds, scotland s cricketers beat the west indies in one of their greatest ever victories. and coming up on the bbc news channel scotland have made a winning start to their t20 world cup campaign with a shock defeat of the west indies in australia. good afternoon. the new chancellor, jeremy hunt, has scrapped almost all of the key measures in last month s controversial mini budget, in the latest in a series of government u turns. in an emergency statement, aimed at rea ....

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BBCNEWS BBC News July 7, 2024

government s in panic. the country will pay a lasting price for putting is through this ideological experiment and will pay a lasting price through economic instability and rising mortgage rates for some time to come. and in other news. the head of the metropolitan police says hundreds of his officers should have been sacked for gross misconduct. civilians rescued in the ukrainian capital after an attack by russian kamikaze drones. scotland s first minister nicola sturgeon has set out her economic argument for leaving the uk, including plans move to a scottish currency when the time is right . the new chancellor, jeremy hunt, has scrapped almost all of the key measures in last month s controversial mini budget, in the latest in a series of government u turns. in an emergency statement, he abandoned indefinitely the planned 1p cut in the basic rate of income tax, that had been due to come in next year. help with energy bills will now only last until next april instead o ....

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BBCNEWS BBC News July 7, 2024

finding a way to trade with the uk internal market and also the european single market, border checks between england and scotland, as announced today by the first minister. massive gap in public finances that would have to be breached. that is a recipe for precisely the austerity she say she is worried about. let me say this. if we want economic stability, if scotland wants economic stability, to coin a phrase, we are stronger together. what will the impact of these measures be on the growth rate, and will we still avoid recession? i will we still avoid recession? i will publish the economic forecast from the obr when i make my statement in a fortnight s time. i think it s betterfor statement in a fortnight s time. i think it s better for me to wait until i hear that. but the proper answer to his question is that what we are seeking is long term, sustainable increase in the economic growth rates, and that is a central policy of the prime minister which has my wholehear ....

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BBCNEWS Newswatch July 7, 2024

necessarily the mini budget. it could just as easily be the fact that the day before, the bank of england did not raise interest rates as much as the federal reserve did, and i thinkjumping to conclusions about causality is not meeting the bbc s requirement for impartiality. jacob rees mogg there on wednesday. on friday, we heard of kwasi kwarteng s sacking. well, it is been a busy week for what used to be the business and economics unit and now the money, technology and data department, but its editor has spared the time to talk to us. and thank you for coming on newswatch. and being ex chancellor and already some viewers said that they feel the need that the media has contributed to his departure. when you have a story which started with the pound being at a record low against the dollar, that spike in government borrowing at the bank of england and intervention up to £65 billion in government u turns, think this is a story that is very dramatic in its own right. but ....

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