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Transcripts For BBCNEWS BBC News 20240707

report has just told uncomfortable truths and it has to be dealt with. air raid sirens sound in kyiv officials say russia is using self detonating drones to attack the ukrainian capital. good morning and welcome to bbc news. the new chancellorjeremy hunt is to deliver an emergency statement on the economy this morning, bringing forward measures a fortnight earlier than expected. it s expected there ll be a delay in the plan to cut the basic rate of income tax from 20p to 19p, that would be yet naother u turn from the mini statement that caused such turmoil on the financial markets. in an effort to calm those markets, the chancellor will bring forward measures from the so called medium term fiscal plan how he ll pay for the measures announced in the mini budget last month. yesterday he told the bbc that he was not taking anything off the table in terms of tax and spending. already on friday liz truss announced an £18 billion u turn on scrapping an increase in corporat ....

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Transcripts For BBCNEWS World Business Report



britain s manufacturers are beginning to see a recovery as demand in the uk increases and major markets begin to pick up that s according to a survey published today by the manufacturers organisation make uk. but while uk orders are rising, export orders have declined as businesses both in the uk and eu are yet to settle into the new uk eu trading arrangements. last friday the office for national statistics said uk goods exports to the european union fell by almost a1% in january, while imports tumbled 28.8%. the figures were the biggest drop since records began in 1997, and are the first since new trading rules between the uk and the eu came into force. so will exports recover? stephen phipson is chief executive of make uk. nice executive of make uk. to talk to you. start with your nice to talk to you. start with your survey, tell us how widespread it was and why you say the data gives you optimism about what is ahead? we say the data gives you optimism about what i ....

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