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Transcripts For BBCNEWS BBC News 20240707



they re trying desperately to change the narrative here. and the reality that most russian forces in ukraine are on the retreat. the delayed rugby league world cup will finally begin later, when hosts england take on samoa in the first of 61 games of the tournament. hello and welcome if you re watching in the uk or around the world. in the uk, the new chancellor of the exchequer, jeremy hunt, has refused to rule out public spending cuts, and said taxes may have to rise. in his first interviews since being appointed, jeremy hunt told the bbc ministers had made mistakes when they announced plans to slash taxes without setting out how it would be paid for. in the three weeks since, the cost of borrowing money rose, both for the public and for the government. mr hunt said every government department would have to come up with savings. answering prime minister s questions this week, liz truss had suggested that public spending would continue to rise. there were some mistakes ....

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Transcripts for BBCNEWS BBC News 20240604 10:03:00

Able to cut taxes as quickly as we wanted to and some taxes will have to go up. that is a very difficult message but if we want to keep the rises in interest rates as low as possible, we have to give certainty to the markets that we really can fund every penny of our plans. meanwhile, labour leader sir keir starmer has been speaking at a party conference in yorkshire, where he said the conservatives no longer have a mandate from the british people to govern the country. there are no historical precedents for what they have done to our economy. and britain has faced financial crises before. but the prime ministers grand chancellors all acted fast. when their policy ran against the rocks of reality, ....

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