Transcripts For GBN The 20240703 : vimarsana.com

Transcripts For GBN The 20240703

For you. 7 well but what exactly does it mean for you . Well break down the numbers and the king and queen to say bonjour to Emmanuel Macron. This afternoon as they undertake their delayed royal state visit to france, where king charles will become the first british monarch to speak from the floor of the senate, will be live from paris throughout the show. Throughout the show. And batten down the hatches as heavy showers and thunderstorms are set to batter the uk. The rest of this week as remnants of hurricane nigel sweep the country. See, thats sweep the country. See, thats not named after our fellow presenter, is it . Get your wellies on before we start your headunes wellies on before we start your headlines with rhiannon. Headlines with rhiannon. Thanks, pip. Good afternoon. Its just gone midday. Im Rhiannon Jones in the newsroom. Im the Prime Minister will deliver a speech this afternoon. Its understood he could bring forward an announcement regarding net zero policy as rishi sunak is expected to set out. Revised plans which may include weakening the phasing out of gas boilers, as well as delaying a ban on new petrol and diesel cars. But the plan risks igniting a row within his own party, with some mps said to be penning letters of no confidence as the governments plan to deal with inflation is working. With inflation is working. Thats according to the chancellor data out this morning shows the rate of inflation fell to 6. 7 in august, down from 6. 8 in july. The bank of england had predicted the figure to increase to more than 7. It comes ahead of another expected Interest Rate increase tomorrow. It would be the banks 15th rate increase tomorrow. It would be the banks15th in a rate increase tomorrow. It would be the banks 15th in a row. Be the banks15th in a row. Chancellor jeremy be the banks15th in a row. Chancellorjeremy hunt says chancellor jeremy hunt says despite the fall , inflation is despite the fall, inflation is still too high. The path to lowering inflation is never easy because it doesnt happen in a straight line. But if you look at the overall picture since it peaked last autumn, it is now down 40. And that says the plan is working. But even at 6. 7, that is a lot of pain for ordinary families who are seeing their shopping bills go up, their fuel pnces shopping bills go up, their fuel prices go up. And that is why it is essential that we continue to stick to that plan, deliver the Prime Ministers pledge and the bank of englands target, get it right to down 2. Consultants and Junior Doctors are holding their first ever joint strike as they continue to walk out over pay. Continue to walk out over pay. Gb News Reporter sophie reaper is at a picket line outside manchester Royal Infirmary for us today is strike day as Junior Doctors and consultants have walked out together for the first time in the history of the nhs. Now in the coming days, its anticipated that over 100,000 appointments and operations lines could well be cancelled. Lines could well be cancelled. And yet it still seems that these strikes have the support of the public. A new poll has found that 70 of english adults who were asked feel that talks should be reopened and that 63 believe that these professions should receive a pay rise. Should receive a pay rise. Sophie reaper our north west of england. Reporter there for us, the home secretary says plans by a social media giant to introduce end to end encryption will create a safe haven for. Meta, which owns facebook, instagram and whatsapp plans to make the encryption settings standard on all 1 to 1 chats by the end of the year. So alla braverman says the change will hamper efforts to carry out vital investigations. Shes calling on the company to work with the government to ensure adequate Safety Measures are in place. Place. Will find a safe haven in facebook, messenger and instagram direct. They will be able to go dark if the Law Enforcement agencies will not have the access that they have today to stop them, to arrest them, to get justice. And we will only see child abuse online and in person increase this. And in person increase this. The Police Officer who shot chris cabin , south london in chris cabin, south london in september last year has been charged with murder. The 24 year old was killed in Streatham Hill after the car he was driving was followed by an Unmarked Police car with no lights or sirens. Car with no lights or sirens. The officer hasnt been named. The officer hasnt been named. Hes due to appear at Westminster Magistrates Court on thursday. Police officers are thursday. Police officers are being accused of failing to respond to Violent Attacks on retail staff after the criminals fled the scene. A coalition of businesses and workers is calling for a commitment to tackle rising crime in shops. It comes amid unprecedented levels of theft. The group wants it to be made easier to pass on evidence and apprehend repeat offenders. And the king and offenders. And the king and queen will arrive in paris soon as part of a three day state visit celebrating shared history, culture and values. Theyll meet president Emmanuel Macron and his wife at a ceremony of remembrance at the arc de triomphe. It will mark shared sacrifices and enduring cooperation. The king will then join the president for a meeting at the elysee palace ahead of a state banquet at the palace of versailles. The trip comes six months after widespread riots across france forced the royal couple to postpone their original travel plans. This is gb news across the uk on tv, in your car, on Digital Radio and on your Smart Speaker by saying play gb news now its back over to martin and. Pip thanks to martin and. Pip thanks rhiannon. Rhiannon. Just to remind you of that breaking news, a downing street statement at 430 this afternoon. It is widely expected to be a u turn on the governments net zero targets. What are we expecting . Rishi sunak the Prime Minister to be saying . Well, the kind of things that have been dangled out there in the press this morning is a looking at the ban on petrol and diesel cars at present. Thats going to be 20, 30in the uk. Its currently 2035 across the European Union. So theres some talk of an alignment there. And also the gas boiler ban looks to be on the table. That also i think its 20, 35 are looking to push that back as i think its sinking in is going to cost people a lots of money. Citizens out there paying a lot of money for net zero. The concern is, though, martin, is if its pushed back to and theyre still on to 2035 and theyre still on this target of 2050, this net zero target of 2050, theres less time to do all this. And that is one of the concerns and it is causing now an almighty row within the tory party. Interesting as well that this has come out before the tory party conference. You think maybe they might have announced it then, but what they appear to be doing, what do you think trying to put more and more water. The government between themselves and labour ahead of an election in a years time. And is the strategy they and this is the strategy they believe will do that. I thats what and i think thats what people are looking for. Points of difference, wedge as of difference, wedge issues as they called , and suella they were called, and Suella Braverman said today that braverman has said today that the government is still committed to the 2050 targets, but clearly said this were not going to save the planet by bankrupting the british people. So people out there who might say thats a little bit of a little bit dramatic, slight overexaggerating, but its got us talking and thats what its all about, talking. My goodness. And lets talk more about it with our gb news Political Editor, Christopher Hope, joins from downing hope, who joins us from downing street. Christopher that statement, then the afternoon from the Prime Minister, we expect we also understand theres been a hastily arranged Cabinet Meeting today as well. Cabinet meeting today as well. All thats right. The categories meeting around now on a Conference Call, though. Im in downing street to see if anyone turns up in person. No one yet. So the meeting behind the scenes, it wasnt planned. Its an emergency Cabinet Meeting. The cabinet normally meets on a tuesday. So we werent expecting it. We werent expecting. Also this speech sorts and a press this speech of sorts and a press conference at 430 thats been dnven conference at 430 thats been driven by the leaks overnight. The bbc, as i speak to you, the actual agenda for that cabinet has been leaked to a journalist called lewis goodall. So we think judging by the reporting here, theyll be looking at delaying the off gas off grid fossil fuel belt ban till 2035. Release acas the gas boiler phaseout target in 2035. No new Energy Efficient regulations on homes. Something is happening in homes. Something is happening in the government. It feels like we saw this kind of leaking during the Boris Johnson time and its seemed to have come back to kind of hit the government now. So the sunak, the Prime Minister behind me in number 10, is being forced to take action. He wasnt planning to in the order that is happening. And christopher, this will be happening. Significant;topher, this will be happening. Significant change this will be happening. Significant change of s will be happening. Significant change of position a significant change of position by the conservative as and they went all out on 2050 net zero targets. Of course Suella Braverman doing the rounds this morning, told gb news theyre still committed to those targets. But this is a significant rollback, isnt it . And it will rollback, isnt it . And it will play rollback, isnt it . And it will play into the hands of those out there who say this government doesnt really care about the environment. Environment. Martin youre totally right. I think this is one of the most significant political moments were going to see from rishi sunakin were going to see from rishi sunak in his 11 months as Prime Minister this afternoon. Small boats, of course, a big deal. Boats, of course, is a big deal. But rowing back these but i think rowing back on these interim targets. For 20, 30 to interim targets. For 20, 30 to 2035 for many measures to try and hit 2050 net zero, it will affect millions of people, millions of our viewers at gb news. And i think it is doing its pleasing the tory, right. Its upsetting the tory left the whatsapp groups, the mps, whatsapp groups, the mps, whatsapp groups, the mps, whatsapp groups have lit up with a fierce debate behind the scenes between mps who support this attempt to try and put the cut the Government Back on the front foot politically early against those who do disagree and think its going to jeopardise on on on net zero plans. And chris, what have you heard about the fractures that this is causing with in the tory party . I mean, its been suggested that one mp was always was also talking about a vote of no confidence in the Prime Minister an economic adviser to chancellor jeremy minister an economic adviser to chancellorjeremy hunt, we chancellor jeremy hunt, we understand, has warned that watering down policies to tackle the Climate Crisis will damage the Climate Crisis will damage the uks finances. Well, what were going to hear this afternoon on gb news is going to play out for weeks. Pippa across across the airwaves for us, because youve got ford , a massive us company. Youve got bmw in recent weeks investing heavily in electric batteries for its plant. The mini plant in cowley, youve got companies placing big bets of shareholders money on a government policy that is changing in real time. Thats a problem. But politically, mr sunak has to do something to try and reverse or try to eat into sunak has to do something to try ulez expansion by sadiq khan, and they think thats an answer. So thats whats happening here. Theyre trying to play into this cost of living concerns and help support a families against what they see as onerous net zero targets. But it is a massive moment in Politics Today in westminster. Indeed. And quite a day. We look forward to that News Conference later this afternoon at 430. Christopher faux pas , at 430. Christopher faux pas, Political Editor, joining us from downing street. Thank you. From downing street. Thank you. Okay. Now lets throw back to the studio. Well get some reaction on this. Are we . No, were not. The chancellor says the plan is working as inflation falls to 6. 7 due to slowing food prices. But families are still feeling the pinch with a weekly shop still costing much more than one year ago, the unexpected easing has put pressure on the bank of england to pause Interest Rates in tomorrows decision. Tomorrows decision. Lets get some expert analysis with our economics and Business Editor Liam Halligan with on the money. With on the money. Our plan is working, says rishi sunak and jeremy hunt. But inflation is still too high. We must ease the pressure on families and businesses can the government get inflation down below 5 to meet their pledge . Lets have a look at some of the numbers here. The Consumer Price indexin numbers here. The Consumer Price index in july was 6. 8. It was expected to go up during the year to august because of sharp rises in petrol and diesel prices. But it ended up going down to 6. 7, which is good news. The cost of living crisis isnt yet over, but its certainly easing internationally. Uk inflation is still quite high. Theres our 6. 7 number in august in the eurozone , august in the eurozone, inflation is averaging 5. 2. In the us , 3. 7, largely due to the us, 3. 7, largely due to Cheaper Energy prices. As every shopper knows, food Price Inflation is still an issue there. It is still up at 13. 6. The price of a basket of food will cost you 13. 6 more in august than it did in august 2022. But good news is that core inflation is coming down. Whats core inflation . Its inflation. Without food and Energy Prices, as economists try to really understand whats going on in the economy, not least with wage bargaining, much lower core inflation in august. And that means the bank of england may have more scope to keep Interest Rates on hold. Also, this is rates on hold. Also, this is really important. The producer really important. The Producer Price index is now falling. Producer prices are the costs of the inputs that firms need to produce the goods and services they then sell us in august. Producer prices fell by 2. 3. The bank of england will be certainly thinking about these Producer Prices and core inflation when it meets tomorrow. Back in december 2021, Interest Rates were just nought point 1. Ultra low emergency measures during the covid pandemic. Theyve gone up 14 times in a row to 5. 25. I think even though inflation has fallen, the bank of england still will raise Interest Rates again tomorrow. But it might be their last increase. Just their last increase. Just briefly, heres a warning. The briefly, heres a warning. The oil price, its gone up from 70 a barrel at the start of june to 95 a barrel today. Thats why 95 a barrel today. Thats why fuel prices on the four courts are soaring. Thats why are soaring. Thats why inflation still remains a dangen inflation still remains a danger. So we are an inflation nation. We must stick to our plan, says rishi sunak and jeremy hunt will they hit their 5 target by the end of the year . Maybe. And if they do , it will . Maybe. And if they do, it will certainly be good news for the conservative party and just like magic Liam Halligan is now sitting next to us like mr benn. Exactly as if by magic a amanda , you just dont wear amanda, you just dont wear quite as many costumes as what we saw there about the oil price. Thats a massive hike in three months. Its almost been its happened almost unnoticed. The happened almost unnoticed. The sort of political media class havent really clocked that. The price of oil probably the most important price in the global economy, has gone up well over 30 in just a few months. And 30 in just a few months. And thats we saw that with these big petrol and diesel price increases in august that werent quite enough to reverse the fall in inflation. Weve seen over recent months. Thats good news. But those Oil Price Rises are still there. And my concern, still there. And my concern, pip, is that oil prices usually go pip, is that oil prices usually 9 up pip, is that oil prices usually go up when the World Economy is going gangbusters is because the chinese, the americans , were chinese, the americans, were all demanding more oil. Were doing more stuff. Were making more things. But the World Economy is not going gangbusters. Th

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