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BBCNEWS BBC News July 7, 2024



or a living in a household already struggling financially? we want to hear from you. you can find me on twitter, i m @annitabbc or use #bbcyourquestions. bbc news has been told that conservative mps are in talks with opposition parties to oppose the government s fracking plans. calls for all women to be invited for a menopause check up when they turn a5, as a report criticises the current support as completely inadequate . last night the police arrested himm tributes pour in for the british born actress, angela lansbury, best known for her role in murder she wrote, who has died in los angeles aged 96. there are more concerns for the uk economy this morning as official data shows it shrank in august. meanwhile the governor of the bank of england said he won t extend a financial support package beyond this friday. the emergency measures were launched nearly two weeks ago because of the turmoil prompted by the chancellor s mini budget. official figures released this mor ....

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BBCNEWS BBC News June 4, 2024 08:05:00

That gives confidence, because there are doubts that they can come up with a plan that is both economically credible and politically viable. governor, i can t tell you how many people over the last 2a hours have told me they re glad that you re in the chair. it s been hard work for the governor. and certainly, here the world s top bankers are using the crisis word in relation to the uk. the chancellor will have to convince his plan will work and quickly. faisal islam, bbc news, at the imf in washington. let s talk to martin weale a former member of the bank of england s monetary policy committee and currently a professor of economics at king s college london. thank you very much forjoining us today. i want you to talk to our viewers first of all, because people are trying to make sense of all of this news today, they may be wondering what it means for them. their mortgages, the pensions etc. what would you say? i their mortgages, the pensions etc. what would you say? their mortgag ....

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BBCNEWS Talking Business June 4, 2024 01:37:00

As a government without international support, or withoutjust printing money. it means that we should make some steps to support our business, and it s not easy in a way that from one hand you need to support businesses and on the other hand you need to collect taxes in order to make the necessary payments, government, social security, pensions etc, so it is really challenging right now to have a balanced budget. before the war some of your biggest donors for the country were crop production such as sunflower, corn and wheat, as well as iron ore. are you still able to export any of that at all? very good question. you know that ukraine has a global leadership position in the export of several commodities, corn, wheat, iron ore. right now the situation is a little bit changed because of our food commodities are fully blocked now in the odesa region. ....

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BBCNEWS Talking Business June 4, 2024 19:37:00

And what does the fall in those tax revenues mean? it means that we can collect less taxes because of war damages, because more than 20% of our businesses are fully closed. it means that we can t manage to fulfil our necessary duty as a government without international support, or withoutjust printing money. it means that we should make some steps to support our business, and it s not easy in a way that from one hand you need to support businesses and on the other hand you need to collect taxes in order to make the necessary payments, government, social security, pensions etc, so it is really challenging right now to have a balanced budget. ....

Tax Revenues , War Damages , Social Security , Pensions Etc ,