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BBCNEWS BBC News July 7, 2024



of living, what do they make of the chancellor s announcement? i m not going to pay stamp duty. it s a i m not going to pay stamp duty. it s a trickle down budget. sometime in the it s a trickle down budget. sometime in the future it s a trickle down budget. sometime in the future we it s a trickle down budget. sometime in the future we might it s a trickle down budget. sometime in the future we might see it s a trickle down budget. sometime in the future we might see a - it s a trickle down budget. sometime in the future we might see a benefit i in the future we might see a benefit if all goes in the future we might see a benefit if all goes well in the future we might see a benefit if all goes well for in the future we might see a benefit if all goes well for the in the future we might see a benefit if all goes well for the but in the future we might see a benefit if all goes well for the but the - if all goes well for the but the poor heed if al ....

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BBCNEWS BBC News at Six July 7, 2024



plan is a dangerous risk. the prime minister and chancellor plan is a dangerous risk. the prime minister and chancellor are - plan is a dangerous risk. the prime minister and chancellor are like - plan is a dangerous risk. the prime | minister and chancellor are like two desperate minister and chancellor are like two desperate gamblers in a casino chasing desperate gamblers in a casino chasing a desperate gamblers in a casino chasing a losing run. for people ara- linu chasing a losing run. for people grappling with chasing a losing run. for people grappling with the chasing a losing run. for people grappling with the soaring - chasing a losing run. for people. grappling with the soaring cost of living, what do they make of the chancellors announcement? yes. living, what do they make of the chancellors announcement? yes, i m not auoin chancellors announcement? yes, i m not going to chancellors announcement? yes, i m not going to pay chancellors announceme ....

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BBCNEWS Dateline London July 7, 2024



with columnists from the guardian, stephanie baker of bloomberg news and work of the sydney morning herald. so, cuts to income tax, corporation tax, national insurance and stamp duty and removing the cap on bankers bonuses. it will cost tens of billions and the government says it will boost growth, the labour party say it will reward the rich. stephanie, let s start with you. is this gamble for growth that s going to pay off? it s certainly a gamble, but i have doubts about whether it will pay off. kwasi kwarteng says he want to booth grouped by two and a half percent. but that s delivering a bit of a sugar rush, and i m not sure that will be sustained over the long term. some people have compared this to hitting the accelerator and slamming on the brakes at the same time because what you have is on the one hand, the bank of england trying to control inflation. trying to cool demand by hiking interest rates while the treasury s pumping money into the economy. so i thi ....

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BBCNEWS BBC News July 7, 2024



here on the uk, a dramatic change in economic direction the biggest tax cuts in half a century in a bid to kick start growth. more than 70 migrants die after their boat sinks off the coast of syria our correspondent is with the rescue operation. we are now at the syrian lebanese border, where some of the bodies just arrived. and a new type of cancer therapy which is showing promising results in early human trials. we speak to the study leader. hello and welcome. officials in four russian occupied regions of ukraine have been holding self declared referenda on whether to become part of the russian federation. the kremlin supports the votes just as it did after the annexation of crimea, the ukrainian territory which was invaded in 2014. but the government in kyiv and western countries have condemned the referenda, saying they are just a sham and that they will never be recognised. these are the four areas where voting is being held. they include occupied parts of ....

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BBCNEWS BBC News July 7, 2024



to pay stamp duty. i found that out this morning. that s good. it s a trickle down budget. sometime in the future, we may see a benefit, if all goes well. but the poor need help right now. in nother news, four russian occupied areas of ukraine are staging referendums on whether to become part of russia. western governments call them a sham. the first woman to win the booker prize twice, the celebrated author dame hilary mantel, has died at the age of 70. hello. in a massive shake up of the uk s finances, the chancellor kwasi kwarteng has outlined a series of tax cuts and spending commitments that will cost £45 billion by 2027. the independent institute for fiscal studies has described the announcements as the biggest tax cutting budget in 50 years. the government says its policies will help boost economic growth yesterday the bank of england warned the uk may already be in recession. but critics say funding the tax cuts will lead to unsustainable borrowing. the chancel ....

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