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Transcripts For BBCNEWS BBC News 20240706



british gas suspends its force fitting of prepament meters following a report that it was imposing them on vulnerable customers. its chief executive, chris 0 shea has apologised. there chris 0 shea has apologised. is nothing that i can 5 can there is nothing that i can say that can express the horror i had when i heard this, when i saw this. it is completely unacceptable, that language is completely unacceptable. the largest ever outbreak of bird flu is now infecting mammals in the uk. hello and welcome if you re watching in the uk or around the world. europe s biggest energy firm, shell, has reported record annual profits of nearly $40 billion in 2022, more than double what it made in the previous year. the profits are the biggest in the firm s history boosted by higher energy prices since the start of the ukraine war. shell has already said it will pay tax in the uk for the first time since 2017 as a result of the government s windfall tax. let s take a closer loo ....

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Transcripts For BBCNEWS World Business Report 20240706



let s start in china, where the latest figures just released show the world s second largest economy grew faster than expected in the first three months of the year at 4.5%. this is the first set of quarterly gdp figures following the end of strict covid 19 restrictions in december. they also follow the easing of a three year crackdown on tech firms and property. lets get reaction from julian evans pritchard, head of china economics at capital economics. this is better than expected. most people are saying we re looking at 4% growth, give us your take on this number? really the strength is all about the consumer centre, we saw the vigors beads on the retail sales numbers are more generally in qrs or the household savings rates, so households are feeling more comfortable, households are feeling more comfortable, spinning again, they have comfortable, spinning again, they have the comfortable, spinning again, they have the possibility - comfortable, spinning again, t ....

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Transcripts For BBCNEWS BBC News 20240707



gove says suella braverman deserves a second chance as home secretary after allegations of a security breach. the president of somalia says more than 100 people have been killed in two car bomb attacks on a government building. and french vineyard owners are buying up land in south east england following a summer of record breaking temperatures due to climate change. hello and welcome to bbc news. south korea is in mourning after more than 150 young people were killed while out celebrating halloween in the capital seoul. fire officials have said at least 20 foreigners from 13 different countries are among the dead. over 80 people are injured, and doctors say 19 of them are in a critical condition. south korean investigators stated they don t yet understand the circumstances that led to a crush that happened in the party district in seoul. president yoon has promised a thorough investigation. helena wilkinson reports. it began as a night of celebration. young people enjo ....

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Transcripts For BBCNEWS World Business Report 20240706



to ask after the weekend rescue of credit suisse by ubs. in the last half hour or so the us treasury secretary janet yellen has continued to offer reassurances that the banking system is stable in a speech to bankers in washington. she s been saying that the us government is prepared to help more banks if that s what is needed. the government s recent actions have demonstrated our commitment to take the necessary steps to ensure that savings and the banking system remain safe. our intervention was necessary to protect the board a us banking system and similar actions could be warranted if smaller institutions suffered that pose the risk of contagion. and if we look at the latest on the financial markets we can see that they are in positive terittory. they re expecting some of those reassurances from politicians. we can move on and see some of the banking shares here in london, hsbc. these are some of the stocks at lost valley yesterday as those concerns grew about ubs a ....

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Transcripts For BBCNEWS BBC News 20240706



more anti government protesters. at least two people have been killed as russia bombs ukrainian cities overnight minutes after its self imposed ceasefire ended. few expected the ceasefire to hold in any way. it was announced by russia in the first place and russia was never going to engage. but there is still heavy shelling coming down from the russian side. tens of thousands of orthodox christians in ethiopia celebrate christmas at churches in the historic town of lalibela for the first time since the conflict in tigray began in 2020. and, the beauty giant l oreal unveils a smart applicator that helps people with limited mobility apply makeup. the uk prime minister rishi sunak has given his first tv interview of the year to the bbc s laura kuennsberg. mr sunak addressed concerns over nurses strikes and said he will talk to the royal college of nursing union about pay but does not commit to increasing wages now to end their strike action. our political correspondent ....

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