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Transcripts For BBCNEWS Asia 20240704

Could you elaborate on what this would mean for consumers . Sure, consumers will be affected by this policy change through commercial banks changing its short term crime rate, it will be impactful in two ways, for Savings Account for instance it is good news because we will finally see some positive numbers is interest on our savings. But for the borrowers it would mean if you have a variable rate it could go up, according to the commercial banks decision, and you would be liable for a greater interest payment. If you would be liable for a greater interest payment. If we are talking greater interest payment. If we are talking about greater interest payment. If we are talking about moving greater interest payment. If we are talking about moving out i greater interest payment. If we are talking about moving out of negative Interest Rates, what sort of a move are we looking at . ~. ,. ,. ,. , at . Mood, the mood in businesses. At . Mood, the mood in businesses. Not at . Mood, the mood in

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Transcripts For BBCNEWS BBC 20240704

However, we should tell our viewers. We are going to do a different dance, are we . I know you are a keen ballroom dancer. There is a widespread expectation you are likely to cut national insurance, there is a widespread expectation you are going to nick labours policy of tightening up the rules for so called non doms, people who earn huge fortunes abroad. But arent permanent residents. You said these are foreigners who could leave easily in ireland, france, portugal, or spain, they all have these schemes, id rather they stayed here and spent their money here. Do you want to take that back . As i said, laura, im not going to talk about individual taxes. 0h, oh, im asking on principle. Out of principle do you agree Withjeremy Hunt from 2022 . I dont disagree Withjeremy Hunt from nearly everything i said in the past, but sometimes. Let me say this, the country sees through gimmicks and we are not going to do gimmicks on wednesday. Its going to be a budget for responsible, long term growt

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Transcripts For BBCNEWS World 20240705

to shut down the blast furnaces at port talbot. frustration, disappointment is probably the biggest word. disbelief. it sjust been. handled absolutely appallingly in my opinion. also coming up: are pre election handouts ahead? taxes in his march budget. when i look around the world to america and asia, when i look around the world to america iwith sia, when i look around the world to america iwith lower when i look around the world to america i with lower taxes countries with lower taxes have more dynamic, faster growing economies. that s and a sweet business that ran out ofjuice. we look at the rise and fall of the original indian steel giant tata is expected to confirm up to 3,000 jobs will be cut from its british operations. the bbc understands tata is to go ahead with plans to shut down both blast furnaces at its port talbot site in south wales which is the uk s biggest steel plant. the company is intending to replace the furnaces with an electric version which is more

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Transcripts For BBCNEWS BBC News 20240707

up whether it would mean he is giving up on the nagorno karabakh uncle dave, whichjust for up on the nagorno karabakh uncle dave, which just for clarity for our viewers, it is an ethnic armenian populated enclave whether it would mean he is giving up on the nagorno karabakh enclave. so people are gathering to decide what to do next and it is quite a significant development. we know from the words of the armenian prime minister that azerbaijan enters the sovereign armenian territory. azerbaijan enters the sovereign armenian territory. presumably some would interpret armenian territory. presumably some would interpret this would interpret this straightforwardly as an act of war, of territorial aggression, which would presumably alarm a lot of international players well beyond the immediate surrounding countries? it appears clearly it is a military campaign. earliertoday the it appears clearly it is a military campaign. earlier today the armenian foreign minister invited

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