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BBCNEWS BBC News July 7, 2024



there is the wreck of the mary rose. it has come to the surface. and it s exactly a0 years since henry 8th s flagship the mary rose was raised from the bottom of the solent, after 437 years under the sea. the bank of england has been forced to intervene once again in the markets warning of a material risk to financial stability. the emergency move this morning will see the bank buy a wider range of government debt, in order to restore conditions in the markets. it follows on from yesterday s announcement of further meaures aimed at ensuring an orderly end to its emergency bond buying scheme. today the institute for fiscal studies think tank warnted the chancellor will need to make big and painful spending cuts to put the country s finances on a sustainable path. it suggests the chancellor could increase working age benefits in line with average earnings, limit public investment to 2% of national income and cut the budgets of every government department exc ....

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BBCNEWS BBC News July 7, 2024



thailand s prime minister attends the funerals of the children killed at a daycare centre last week. hello and welcome if you re watching in the uk or around the world. warnings of further attacks continue across ukraine this morning, a day after a wave of strikes by russia. yesterday, missiles hit cities across the country killing at least 19 people and wounding more than 100 more. air raid sirens have sounded across kyiv and other cities into this morning. the southern city of zaporizhzhia was shelled again overnight, with authorities saying one person was killed and public buildings including a school were damaged. work is under way across ukraine to restore electricity supplies damaged during monday s attacks. in his nightly address, volodymyr zelensky warned people to follow safety rules , saying the danger is still here, but we are fighting. later today the leaders of the g7 nations will meet virtually, and are expected to hear from the ukrainian presiden ....

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BBCNEWS BBC News June 4, 2024 08:01:00

There is the wreck of the mary rose. it has come to the surface. and it s exactly a0 years since henry 8th s flagship the mary rose was raised from the bottom of the solent, after 437 years under the sea. the bank of england has been forced to intervene once again in the markets warning of a material risk to financial stability. the emergency move this morning will see the bank buy a wider range of government debt, in order to restore conditions in the markets. it follows on from yesterday s announcement of further meaures aimed at ensuring an orderly end to its emergency bond buying scheme. ....

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BBCNEWS BBC News June 4, 2024 08:21:00

Ukraine. let s get more now on our top story and the bank of england has been forced to intervene once again in the markets warning of a material risk to financial stability. it follows on from yesterday s announcement of further meaures aimed at ensuring an orderly end to its emergency bond buying scheme. let s talk to our business correspondent theo leggett. help us make sense of all of this, what is going on exactly? what help us make sense of all of this, what is going on exactly? what we have seen over what is going on exactly? what we have seen over the what is going on exactly? what we have seen over the past what is going on exactly? what we have seen over the past few - what is going on exactly? what we have seen over the past few days | have seen over the past few days is the interest rate on government bonds, the yield, which is effectively the cost of borrowing for the government, rising. that figure also affects what people will pay for fixed rates figure also ....

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BBCNEWS BBC News June 4, 2024 09:15:00

Messaging suggests that ukraine are going to win and russia will lose. should we be wary about that? it certainly does not comply complacency. in the dreadful attacks yesterday, we can see that russia still has a capable military machine, it can launch weapons, it has deep stocks and expertise and yet, it is very broadly stretched in ukraine. the bank of england has been forced to intervene once again in the markets, warning of a material risk to financial stability. the emergency move this morning will see the bank buy a wider range of government debt, in order to restore conditions in the markets. it follows on from yesterday s announcement of further meaures aimed at ensuring an orderly end to its emergency bond buying scheme. today the institute ....

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