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Transcripts For BBCNEWS Verified 20240705

australia started the day needing 174 runs to chase down a target of 281. england have got two wickets, stuart broad taking the wicket of scott boland before moeen ali removed danger man travis head forjust 16. usman khawaja remains for australia, though, he s past 50. the target is now less than a hundred for australia. that is the latest score for you at the moment. a story that s developing in the last few hours. french police are searching the headquarters of the organisers of the paris 2024 olympic games. officials say the raids are part of two corruption investigations. the bbc understands the probes are in connection with the awarding of contracts for building projects linked to the summer games. a spokesperson for the paris organising committee told the bbc the body is co operating fully with the investigators . steve clarke believes there is more to come from his scotland side as they target a best ever start to a qualification campaign when they play georgia on t

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Transcripts For BBCNEWS Verified 20240705

and checking out the truth behind them. let s turn to our main story. we start in the north atlantic where a canadian aircraft and a ship with remote controlled underwater vessels capable of searching deep underwater have joined the race to find the submersible that s gone missing. the sub was on a trip to see the wreck of the titanic. five people are on board. ships and planes are scouring the ocean around 640 kilometres off the coast of newfoundland in canada and dropping sonar buoys to detect any underwater activity. the titanic, which sank in 1912, lies nearly 4,000 metres beneath the surface. on sunday, all contact with it was lost with the vessel, about an hour and 45 minutes into its dive. there is only enough oxygen for up to 96 hours. 0ur correspondent carl nasman is live for us now in boston. carl, every time we speak each hour, the search in terms of hardware is just getting bigger and bigger. it just getting biggerand bigger. it just getting biggerand bigger.

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Transcripts For BBCNEWS BBC 20240706

historical responsibility. a jury in washington finds four members of the far right group the proud boys guilty of seditious conspiracy for plotting the january 6th attack on the us capitol. welcome to bbc news. here in the uk, preparations are well under way for the coronation of king charles. not long to go now. joining me live covering every moment of the lead up to the coronation is our correspondent christian fraser. enjoying the sunshine here on a lovely day in front of buckingham palace. the royal standard flying above the palace which tells you the king is in residence and the lucky ones who were here a little earlier would have seen him drive down the mall to westminster abbey, where they went through a short dress rehearsal. and going through the final preparations ahead of the big event on saturday. you will see the seats are here, the amphitheatre has been set up for the veterans and nhs workers on saturday, so the stage is set really ahead of the big ceremony. of

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Transcripts For BBCNEWS Outside Source 20240707

and outgoing shells, every 30 seconds or so. it really doesn t stop. and science fiction made reality as nasa plans to try to divert an asteroid by crashing a rocket into it. we start in the uk where the bank of england says it won t hesitate to take action to control inflation, after the pound slumped to an all time low against the dollar. take a look at this chart from this morning s asia trading. at one point sterling fell to $1.03 the lowest since 1971 though it s since recovered slightly. there s been speculation that the bank of england may announce an emergency hike in rates to control rising prices. for the moment, that hasn t happened. well there s lots to unpack. first to understand what s happening today we must go back to friday and to this annoucement in parliament. i can announce today that we will catch the basic rate of income tax to 19p, in april 2020 three, one year early. that means a tax cut for over 31 million people injust a few months time. t

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Transcripts For BBCNEWS The Context with Christian Fraser 20240707

you will see it like never before. tonight with the context, the former mayor of baltimore, stephanie rawlings blake, and the former uk ambassador to paris and national security advisor, lord peter ricketts. hello, welcome to the programme. it s hard to overstate how poorly the british government s fiscal event on friday has been received by financial markets. nothing in recent history compares with the price moves we have seen since. not brexit, not covid, 9/11 not even the uk s ejection from the exchange rate mechanism. the pound has slumped to its lowest ever level against the dollar. and the rate on short term gilts is now higher than italy or greece. 0rdinarily, tax cuts to promote growth might be welcomed by the city, when they are properly costed. but the government s critics would say that if there s no framework for the size of borrowing, nor any timeframe established to deliver the growth the treasury is chasing, then don t be surprised if markets are spooked. s

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