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BBCNEWS World Business Report July 6, 2024

slower demand for consumer goods, rising borrowing costs and constant talk of a global recession, have not gone unnoticed by the manufacturing sector, which is currently experiencing acute challenges balancing supply and avoiding over production. january data from many of the world s key economies will be unveiled later giving the earliest signs of how the global economy is faring. many economists will be looking for risks of recession and any pricing trends. fhaheen khan is senior economist with make uk the manufacturers organisation that represents 20,000 companies of all sizes. good to have you on the programme. wejust heard good to have you on the programme. we just heard from japan and you said many countries are coming out with pmi data say showing that the manufacturing shrank for a third row that make months in a row injapan. export third row that make months in a row in japan. export weakness is seen as persistent at the moment and that is the concern, isn t it ....

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BBCNEWS BBC News July 6, 2024

arrest a suspected gunman, after the second mass shooting in days leaves seven dead. we have special reports from afghanistan where the taliban continue to crack down on the rights of women. set and.action! and a behind the scenes look at hit show happy valley, with star of the showjames norton. opposition parties have called for the conservative party chair, nadhim zahawi, to be sacked now rather than wait for the outcome of an investigation. the government s independent ethics advisor has been asked to look into mr zahawi s financial affairs after it emerged he paid a penalty to hmrc over previously unpaid tax while he was chancellor. he maintains he acted properly. our political correspondent, iain watson, reports. are your tax affairs a distraction for the party, mr zahawi? the conservative party chairman, nadhim zahawi, insists he s not on his way out, but he is under pressure. last summer he insisted reports that he was being investigated by the tax authorities we ....

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BBCNEWS World Business Report July 7, 2024

we start here in the uk, where in the next few hours prime minister liz truss will unveil a multibillion pound plan to protect consumers and businesses from soaring energy prices. typical household energy bills could be capped at around 2,500 pounds a year, with companies also likely to get help. but the cost of subsidising bills is likely to be astronomical. the prime minister has ruled out tax increases, and further windfall taxes on energy firms. so, it could mean extra government borrowing of at least a hundred billion pounds. our business editor simonjack has more. heat means energy means bills, huge bills. this woman employs so many people at her glassblowing business but won t belong without an edgy lifeline. ~ , belong without an edgy lifeline. y , ., belong without an edgy lifeline. g , ., lifeline. my staff are terrified lifeline. my staff are terrified not - lifeline. my staff are terrified not only - lifeline. my staff are terrified not only fori lifelin ....

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BBCNEWS BBC News July 7, 2024

we really haven t got the detail. and i m geeta guru murthy in the studio our other headlines. the un security council hears calls for a security zone to shield ukraine s zaporizhzhia power plant, which is under russian control. reports say documents seized by fbi agents at donald trump s home include highly sensitive nuclear papers of a foreign power. welcome to the heart of british government where politicians hope to make the weather politically but they cannot do much about the weather we are experiencing at the moment. . , , , ., moment. excuse the sunshine and shadows. certainly, moment. excuse the sunshine and shadows. certainly, the moment. excuse the sunshine and shadows. certainly, the cabinet i shadows. certainly, the cabinet misses me in down the street a few minutes ago were in sunshine and the smiles which is entirely understandable, many of them around the cabinet table for the first time. the new politically office yesterday and begins to get her f ....

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BBCNEWS BBC News at Six July 7, 2024

somewhere, and she knows that every single somewhere, and she knows that every single pounding excess profits she chooses single pounding excess profits she chooses not to tax is an extra pound on borrowing chooses not to tax is an extra pound on borrowing that working people will be on borrowing that working people will be forced to pay back for decades will be forced to pay back for decades to come. the first cabinet meeting of the truss premiership took place earlier. it s said to be the most diverse cabinet on record. we ll have more on the new cabinet and on the cost of living crisis, as another warning comes on the state of the economy. as business struggles, little can be done to stop the uk falling into recession that the verdict of the bank of england. in pakistan, the authorities are desperately trying to stop the country s biggest lake from bursting its banks, adding to the devastation caused by the recent floods. and chelsea football club have sac ....

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