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Transcripts For BBCNEWS World 20240704

At a near standstill since the beginning of the year. The Bank Of England has raised the cost of borrowing 1a times since the end of 2021 to try and rein in soaring prices. That has weighed on the economy, but experts have warned the full effect of those Interest Rises has yet to be felt. Emma vardy reports from morecambe in the north of england. Rowing is a delicate art. A bit like managing economy. A year of slow growth, business is feeling the pressure from rising costs, means as no surprise that many are feeling cautious about their ambitions were branching out. We cautious about their ambitions were branching out. Were branching out. We have struggled were branching out. We have struggled to were branching out. We have struggled to try were branching out. We have struggled to try to were branching out. We have struggled to try to work were branching out. We have struggled to try to work out i were branching out. We have| struggled to try to work out a rationale for expanding. So w

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Transcripts For BBCNEWS BBC 20240704

Hello there, welcome to newcastle, on the Dayjeremy Hunt delivered his budget, in what is almost certainly, a general election year. Were on the citys Iconic Quayside Overlooking the magnificent river tyne, an area steeped in industrial history, and weve been gauging reaction, to the chancellors plans. Among todays annoucements, the government is to cut National Insurance, by 2p in the pound for employees and the Self Employed. Full Child Benefits will be paid to households, where the highest earning parent, is getting up to £60,000. The current limit is £50,000. And, the non dom tax regime, for uk residents whose permanent home is overseas, is to be replaced with new rules, from april next year. Well, the office for budget responsibility, says the average tax payer, is going to pay more in the coming years. It predicts 37 pence of every pound will go in tax by 2029, which would be the highest level since 1948. While the government says public spending on some services will rise by 1

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Transcripts For BBCNEWS The 20240705

with the loss of up to 2800 jobs. tata steel in a statement said that. a government spokesperson said the uk is determined to secure a sustainable and competitive future for its steel sector. the government has committed £500 million towards the cost of a new electric arc furnace. here s the tata steel ceo speaking about the cuts. it’s furnace. here s the tata steel ceo speaking about the cuts. speaking about the cuts. it s not something speaking about the cuts. it s not something we speaking about the cuts. it s not something we would ve - speaking about the cuts. it s not something we would ve liked - speaking about the cuts. it s not something we would ve liked to | speaking about the cuts. it s not - something we would ve liked to have happen. i think we ve tried really hard over the years to preserve the site and keep it going despite all the challenges over the last 15 years, i think we ve invested something like £5 million to keep the business going. so it s n

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Transcripts For BBCNEWS Talking 20240705

past lives the dark horse candidate in the oscars race. we sit down with its first time feature film director. music comes from life experiences. two documentaries in the running for an oscar nomination, including one that s performed live before an audience. and how waiting to find out if your name is included in the oscar nominations announcement is almost too much to bear. i mightjust turn off my phone. next week, not far from where i m standing at the academy of motion picture arts and sciences headquarters in beverly hills, an early morning announcement will be made that will reverberate around the world, at least in film circles. the oscar nominations will be revealed. what names will make it onto that coveted list? what films will be recognised? well, we ve been trying to work it out. several films are expected to get multiple nominations. among them, christopher nolan s oppenheimer. # watch me dance.# the highest grossing film of last year, barbie from film maker gr

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