liz truss is preparing to take over as britain s fourth prime minister in six years. it comes the day after the conservative party chose her to succeed borisjohnson. she ll travel to balmoral castle in scotland, where queen elizabeth will invite her to form a government. meanwhile borisjohnson has been spending his last night in 10 downing street before his turbulent premiership comes to an end. iain watson reports in one day we will hear from two prime ministers, on the streets the transfer of power will take place before the general election. in this morning borisjohnson will give his final speech as prime minister this afternoon liz truss chosen by conservative members will set out her store. but what will happen in between? the queen is still at balmoral so borisjohnson will fly to scotland to resign and liz truss will make the same journey to be asked by the queen to form a government, then she will get the keys to downing street and get to work. i campaigned as a conser
and avoid reputational damage. we start with the day ahead here in the uk with a new prime minister in waiting. and as you ve been hearing from day one, liz truss has a monumental task ahead, both economically and politically. rising inflation and the high cost of energy is at the forefront of voters minds with households and businesses desperate for help. no surprise then that the energy crisis is top of the new prime minister s agenda. a freeze on energy bills is understood to be one of a number of options being worked on. that could mean bills are subsidised and the current price cap ofjust under £2,000 would be maintained for two years. the cap would be repaid in loans over the next 10 to 20 years, plus help for businesses is expected to be unveiled. scottish power estimates the two year package of energy relief could cost around £100 billion. joining me now is douglas mcwilliams, deputy chairman of the centre for economics and business research. this government plan w
The u. S. Economy growing a pace at an annual rate of three point five percent the boom being driven partly by tax cuts but is it just a flash in the pan. Brazil chooses a new president on sunday hell inherit a struggling economy that may no longer be able to support the average retirement age of fifty five. And after years of protests against gentrification demonstrators pushed google out of berlin. Im Stephen Beardsley in berlin thanks for joining us the u. S. Economy beat expectations in the Third Quarter on the back of the strongest Consumer Spending in nearly four years the Commerce Department said Gross Domestic Product the total values of goods and services produced increased by three and a half percent from a year earlier the sharp rise in spending help offset a big drop in Trade Companies bit more to increase their inventories which also helps all sort of Growth Analysts are expecting the economy to expand by around three percent this year. And were joined now by our financial
The u. S. Economy growing a pace at an annual rate of three point five percent the boom being driven partly by tax cuts but is it just a flash in the pan. Brazil chooses a new president on sunday hell inherit a struggling economy that may no longer be able to support the average retirement age of fifty five. And after years of protests against gentrification demonstrators pushed google out of berlin. Im Stephen Beard slumberland thanks for joining us the u. S. Economy beat expectations in the Third Quarter on the back of the strongest Consumer Spending in nearly four years the Commerce Department said Gross Domestic Product the total values of goods and services produced increased by three and a half percent from a year earlier the sharp rise in spending help offset a big drop in Trade Companies bit more to increase their inventories which also helps all sort of Growth Analysts are expecting the economy to expand by around three percent this year. And were joined now by our financial c