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Transcripts for BBCNEWS BBC News 20240604 10:11:00

2&2. ridiculous e is 232. the ulous e is 232. the mistakes is they should revisit the mistakes that caused the economic chaos in the first place and not ask other people to pay the price for their own political mistakes and that is the situation we are in. i m joined now by sir charlie bean, who is the former deputy governor of the bank of england. and also worked at the obr for five years. thanks forjoining us. just a little bit of detail on what will have landed or what will be landing on the chancellor s today from the obr. how much detail is going to be in it because everyone is desperate to see it, but we are in the markets won t get to see it for a little while yet. the markets won t get to see it for a little while yet. a little while yet. well, you and the markets a little while yet. well, you and the markets won t a little while yet. well, you and the markets won t ever - a little while yet. well, you and the markets won t ever get - a little while yet. well, you and t ....

Ridiculous E , Ulous E , Charlie Bean , Office For Budget Responsibility , Deputy Governor , Just A Little Bit , Bank Of England , Thanks Forjoining , Chancellor S , Won T , Draft Forecast , Markets Won T ,

Transcripts for BBCNEWS Breakfast 20240604 06:02:00

Seeking to regain the confidence of the markets. in an unusual move, both the prime minister and the chancellor will meet the chairman of the office for budget responsibility after a slump in the value of the pound, uncertainty over mortgages, and a week of extreme financial volatility. the watchdog had offered to prepare a draft forecast in time for last friday s mini budget, but that was rejected by the government. forecasts of the uk s economic outlook are usually published to accompany major financial announcements. it s led to accusations ministers were trying to avoid scrutiny, and that that has in part driven the lack of confidence in the markets. now the 0br, its costings methods and forecasts is seen by many as central to the plan to restore stability. but in a series of bbc interviews yesterday, the prime minister seemed keener to talk about cutting taxes and capping energy bills than surging mortgage costs. prime minister, it sounds like you re saying, crisis? what crisis? ....

Prime Minister , Office For Budget Responsibility , Simonjones Reports , Mini Budget , Draft Forecast , Accusations Ministers , Restore Stability , Mortgage Costs , Bbc News ,

Transcripts for BBCNEWS BBC World News 20240604 04:07:00

Britain s prime minister will meet the head of britain s independent forecaster later, after days of market turmoil. in an unusual move, liz truss and chancellor kwasi kwarteng will meet the chairman of the office of budget responsibility to discuss the fallout after friday s mini budget. it follows a series of interviews given by the prime minister on local radio on thursday. simon jones has more. seeking to regain confidence of the markets. an unusual move, the markets. an unusual move, the prime minister and chancellor will meet the chairman of the office for budget responsibility after a slump in value of the slump in the value of the pound, uncertainty over mortgages and a week of extreme financial volatility. watchdog had offered to prepare a draft forecast in time last friday s any budget but rejected by the ....

Prime Minister , Kwasi Kwarteng , Market Turmoil , Liz Truss , Mini Budget , Simon Jones , Office Of Budget Responsibility , On Local Radio Thursday , Draft Forecast ,

Transcripts for BBCNEWS BBC News 20240604 08:02:00

The prime minister liz truss and chancellor kwasi kwarteng will meet the head of the office for budget responsibility, the uk s independent financial forecaster this morning. they ll discuss the fallout frpm last week s mini budget. while the watchdog offered to prepare a draft forecast in time for last friday s mini budget, that offer wasn t taken up. forecasts from the 0br give an indication of the state of the nation s finances and there have been calls for a forecast to be published in the last week. since it was announced at the end of last week, the mini budget has faced widespread criticism including from the international monetary fund and former bank of england governor mark carney. the turmoil has seen a large gap in the polls open up between labour and the conservatives just days ahead of the conservatives conference that begins this weekend. energy prices will rise for millions of households on saturday, but the increase has been cushioned by a government cap on the cost ....

Liz Truss , Kwasi Kwarteng , Office For Budget Responsibility , Fallout Frpm , Mini Budget , Wasn T , Draft Forecast , State Of The Nation , Pre Measures Forecast , Bank Of England , The End , Mark Carney , International Monetary Fund , Energy Prices , Government Cap ,

Transcripts for BBCNEWS BBC News 20240604 09:11:00

Seeking to regain the confidence of the markets. in an unusual move, both the prime minister and the chancellor will meet the chairman of the office for budget responsibility after a slump in the value of the pound, uncertainty over mortgages, and a week of extreme financial volatility. the watchdog had offered to prepare a draft forecast in time for last friday s mini budget, but that was rejected by the government. forecasts of the uk s economic outlook are usually published to accompany major financial announcements. it s led to accusations ministers were trying to avoid scrutiny, and that that has in part driven the lack of confidence in the markets. now the 0br, its costings methods and forecasts is seen by many as central to the plan to restore stability. but in a series of bbc interviews yesterday, the prime minister seemed keener to talk about cutting taxes and capping energy bills than surging mortgage costs. prime minister, it sounds like you re saying, crisis? what crisis? ....

Prime Minister , Office For Budget Responsibility , Making A Change Isn T , Mini Budget , Draft Forecast , Accusations Ministers , Bbc News , Restore Stability , Mortgage Costs ,