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BBCNEWS BBC News July 7, 2024

thailand s prime minister attends the funerals of the children killed at a daycare centre last week. hello and welcome if you re watching in the uk or around the world. warnings of further attacks continue across ukraine this morning, a day after a wave of strikes by russia. yesterday, missiles hit cities across the country killing at least 19 people and wounding more than 100 more. air raid sirens have sounded across kyiv and other cities into this morning. the southern city of zaporizhzhia was shelled again overnight, with authorities saying one person was killed and public buildings including a school were damaged. work is under way across ukraine to restore electricity supplies damaged during monday s attacks. in his nightly address, volodymyr zelensky warned people to follow safety rules , saying the danger is still here, but we are fighting. later today the leaders of the g7 nations will meet virtually, and are expected to hear from the ukrainian presiden ....

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BBCNEWS Our World July 7, 2024

but just three weeks later, her new chancellor has buried it. have you been given a clean slate? can you change elements of the mini budget if you want to? yes, and the fundamental thing the prime minister wants me to do and i need to do is to be completely honest with the country. trussonomics reversed, then, tax cuts likely replaced with tax rises, huge investment replaced with a spending slowdown. this rethink has largely been driven by the turmoil in the financial markets since the mini budget was announced. the pound has had a torrid time. the effective cost of government borrowing has soared, and the bank of england had to step in with an emergency programme, buying up government bonds to stabilise the pension sector. there is a pressing need, then, to restore some confidence and credibility. bank of england governor andrew bailey said he spoke to the new chancellor yesterday and had an immediate meeting of minds. but in a speech in washington, he had this warning ....

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BBCNEWS BBC News July 7, 2024

pressures will require a stronger response than we perhaps in august. manchester united and england footballer mason greenwood is charged with attempted rape, engaging in controlling and coercive behaviour, and assault. more than a0 turkish miners are now known to have died following an underground explosion dozens of others were injured. and rugby league world cup hosts england get off to a flying start, crushing samoa in the opening game of the tournament at st james s park good afternoon. the new chancellor of the exchequer, jeremy hunt, who has refused to rule out public spending cuts, and said taxes may have to rise. mr hunt appointed yesterday after kwasi kwarteng was sacked from the job said mistakes had been made by the government and warned of difficult decisions ahead . and in a further problem for the government, the governor of the bank of england has predicted that in order to combat inflation uk interest rates may have to rise even higher than e ....

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BBCNEWS BBC News July 7, 2024

more than a0 turkish miners are now known to have died following an underground explosion dozens of others were injured. and rugby league world cup hosts england get off to a flying start, crushing samoa in the opening game of the tournament at st james s park. the new chancellor, jeremy hunt, has indicated there ll be major changes to liz truss entire economic strategy. in a round of interviews this morning, mr hunt said mistakes had been made by the government and warned of what he called very difficult decisions ahead. he suggested taxes could rise to help restore market confidence and also talked about spending cuts. mr hunt was appointed yesterday after the prime minister sacked his predecessor, kwasi kwarteng. here s our political correspondent, ione wells. congratulations, mr chancellor. hours into his newjob, the chancellor was tasked with setting out his stall, it was a very different one from the one the prime minister set out. on wednesday, she said she ....

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BBCNEWS BBC News July 7, 2024

responsible for with the prosecutions. manchester united and england footballer mason greenwood is charged with attempted rape, engaging in controlling and coercive behaviour, and assault. we start here in the uk. it seems there will be big changes to country s entire economic plan. the new finance minister, chancellorjeremy hunt says taxes could rise to help reassure financial markets. on friday the prime minister liz truss sacked the previous chancellor and announced more u turns on her big economic ideas, but is still facing criticism from her own mps. here s our political correspondent, ione wells. congratulations, mr chancellor. hours into his newjob, the chancellor was tasked with setting out his stall, it was a very different one from the one the prime minister set out. on wednesday, she said she is absolutely not planning public spending cuts but listen to this. we have some very difficult decisions ahead, difficult decisions on spending, which is not going to r ....

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