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BBCNEWS BBC News July 7, 2024

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. good morning and welcome to bbc news. the 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. the chancellor 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 prime minister are expected to hold talks with conservative mps. some think the government s tax cutting plans should be reversed, while others believe the help with energy bills should be more targeted. there s even talk of whether both the chancell ....

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BBCNEWS BBC News June 4, 2024 08:11:00

U turn on that. do you think there should be? i u-turn on that. do you think there should be? u-turn on that. do you think there should be? ~ , , ., should be? i think they should never have time limited should be? i think they should never have time limited it should be? i think they should never have time limited it is should be? i think they should never have time limited it is far should be? i think they should never have time limited it is far ahead - should be? i think they should never have time limited it is far ahead of i have time limited it is far ahead of the fiscal statement as they did, because there was always going to be a fortnight s window, so it was a mistake to cut it short today. i think they will get away with it. ironically, i said that because all the speculation about the budget u turn has taken the pressure off gilt yields, meaning there is more capacitive things to go up today and for pension schemes to cope. so ironically, i think the bank s gamble ....

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