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Transcripts For BBCNEWS BBC News 20240707



policy is working at cross purposes. what s your reaction to what liz truss has said this morning? what impact is the turmoil in the economy having on you? get in touch with your concerns via twitter @annitabbc and use the hashtag #bbcyourquestions two million people are left without power as one of the most powerful storms in us history hits florida s southwest coast. the gangsta s paradise rap star, coolio, has died at the age of 59. and scientists find evidence that dogs can read our mood by using their powerfull sense of smell. the prime minister, liz truss, has been speaking to the media about the economy for the first time since her government s tax cutting mini budget. she s defended her strategy, saying decisive action had to be taken, and the measures were needed to get the economy moving. however she conceded that growth wouldn t come immediately. her comments came as the former governor of the bank of england, mark carney, criticised the way the government pr ....

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Transcripts For BBCNEWS BBC News 20240707



light winds, pleasant enough and shower is starting to ease in northern ireland and close to the scottish border. just some linking across the northern and western isles in particular. in terms of the feel of things, 11 to 14 degrees and the stronger winds to the north but further south where the wind remained light is, perhaps those temperatures may peak at around 18, 19 degrees. not bad for this time of year. clear skies by day will allow clear skies through the night, so it is going to turn quite chilly and with lighter winds, we could see some fog forming almost anywhere at risk, england and wales in particular. then some of it could be pretty stubborn to clear away first thing tomorrow morning. chilly start in comparison to the morning just passed across england and wales. a northerly breeze will drive in a few scattered showers across aberdeenshire and early morning fog will live to more sunshine. lovely day in prospect for most of us tomorrow. cloud gathers in to ....

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Transcripts For BBCNEWS BBC News at One 20240707



my some mps have called for a u turn. my advice to the prime minister would be to do it, do it now, something that will be firm, bold and convincing. liz truss has faced growing calls from within her own conservative party to rethink her economic plans. labour, the principal party of opposition in the uk, says a u turn would mean liz truss has to resign. liz truss who got us into all this trouble, rowing backwards desperately, not knowing where she s going, what would what good would that do for britain? good afternoon. if you have just joined, if you havejustjoined, welcome if you have justjoined, welcome to bbc news. the bbc has been told kwasi karteng is no longer chancellor. it s not yet clear if he s been sacked or if he s resigned. this morning he rushed back to london to see the prime minister, after cutting short a trip to washington. it follows turmoil on the finanancial markets after his mini budget last month. the prime minister is about to hold a news con ....

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Transcripts For BBCNEWS BBC News 20240707



the leaders of china s ruling communist party gather for a summit in which ruler xijinping is expected to secure a historic third term in office. communities in three australian states are ordered to evacuate as torrential rain brings major flooding. and the flying scotsman the first steam engine to hit 100 miles an hour celebrates a century on the tracks. hello and welcome if you re watching in the uk or around the world. britain s chancellor, kwasi kwarteng, has cut short his visit to the us, to hold urgent talks with the prime minister, as pressure mounts on the government over its mini budget. mr kwarteng had been in washington for a meeting of global finance ministers. he d originally been expected to return back to london on saturday. speaking to the bbc yesterday before the change of plans, mr kwarteng said he believes 100% that he will still be a chancellor and liz truss will still be prime minister in a month s time. later today, the chancellor and ....

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Transcripts For BBCNEWS BBC News 20240707

u turn this afternoon, possibly abandoning plans for lower corporation tax. she s due to hold a news conference in about half an hour. kwasi kwarteng has confirmed his being sacked in a letter to the prime minister which begins by saying he had asked him to set aside and that he had accepted amongst the other quotes in a letter saying that the situation he faces is incredibly difficult with raising global interest rates and energy prices and following the status quo was not an option. his letter continues, the economic environment has changed rapidly since we set out the growth plan on the 23rd of september together with the bank of england we have responded to those events and it concludes that it is important now, as we move forward to emphasise the government commitment to fiscal discipline. the medium term financial fiscal plan is crucial to this end. let s go live to our political correspondent leila nathoo who s at downing street. kwasi kwarteng has gone as chancellor a ....

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