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BBCNEWS World Business Report July 7, 2024

stock market debut. but is it the right time? as you ve been hearing, the uk government says it s sticking to plans for £45 billion of tax cuts despite turmoil on financial markets since the chancellor s mini budget statement on friday. it s seen investors dumping the pound and uk government borrowing costs soaring on growing alarm about the country s finances. on wednesday the bank of england was forced into an emergency intervention to head off a pension fund crisis. it will spend billions buying up uk government bonds to prop up their value and keep borrowing costs down. but as our economics editor faisal islam explains, it s only a short term solution. what started as an attempt to grow the economy with the biggest tax cuts in half a century led to havoc on currency markets more importantly on debt markets and then, within days, led to a tidal wave of interest rate rises, reaching every corner of the economy. in an emergency statement, the bank of england said. ....

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BBCNEWS Political Thinking with Nick... July 7, 2024

affairs told journalists that more than 1.3 million people had been displaced in the worst floods the country had seen in a decade. now on bbc news, political thinking with nick robinson. hello and welcome to political thinking. and boy, there s quite a lot of politics to think about, isn t there? all the drama about this government mess, though, a dramatic shift in our politics. it has become the conventional wisdom overnight that labour will win the next election. the polling suggests there s been a greater swing in recent days and weeks than there was during the last worst financial crisis to hit a conservative government black wednesday back in 1992. and that ll mean there will pretty soon be much greater scrutiny of what labour will do. faced with the same economic fundamentals high taxes, high borrowing, high inflation and low growth. if labour does indeed win an election, lisa nandy will be the cabinet minister with the job of delivering for what s become kno ....

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BBCNEWS Political Thinking with Nick... July 7, 2024

it has become the conventional wisdom overnight that labour will win the next election. the polling suggests there s been a greater swing in recent days and weeks than there was during the last worst financial crisis to hit a conservative government black wednesday back in 1992. and that ll mean there will pretty soon be much greater scrutiny of what labour will do. faced with the same economic fundamentals high taxes, high borrowing, high inflation and low growth. if labour does indeed win an election, lisa nandy will be the cabinet minister with the job of delivering for what s become known as the red wall. northern industrial towns like wigan in lancashire, which she represents and which she says has changed her politics. a politics learnt at the knee of her grandfather, who was a liberal mp and a father who was, who is a famous marxist academic. political thinking is a conversation with, not an interrogation of someone who shapes our political thinking. and toda ....

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BBCNEWS Political Thinking with Nick... July 7, 2024

there has been during the last financial crisis. that will mean they were pretty soon be much greater scrutiny of what labour will do faced with the same economic fundamentals. high taxes, high borrowing, high inflation and low growth. if labour does indeed win an election, lisa nandy will be the cabinet minister with the job of delivering for what has become known they red wall, northern industrial towns like wigan in lancashire which she represents and which she says has changed her politics, a politics learnt at the knee of her grandfather who was a liberal mp and a father who also is a famous marxist academic. politicalthinking is a conversation with, not a interrogation of someone who shapes our political thinking and today we are recording just down the road from wigan next door to the great city of manchester in the city of salford. ,., city of manchester in the city of salford. . , u, city of manchester in the city of salford. ., , , ., salford. lisa nandy, wel ....

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MSNBC The 11th Hour With Stephanie Ruhle July 7, 2024

voters minds with six days to go. and republicans ramping up their panic based messaging, how to fight fear with facts. then, elon musk finding out owning twitter is not as easy as owning the lives, as the 11th hour gets underway on this wednesday night. good evening once again. i m stephanie ruhle. just six days left until election day, president biden is speaking directly to the nation about what s on the line, the future of democracy in america. the warning to not take democracy for granted came during his speech from washington, d.c. earlier tonight he laid out the risk from election deniers, political violence, and voter intimidation. we re facing a defining moment, a inflection point, we must with one overwhelming unified voice speak as a country. and say there is no place, no place, for voter intimidation and political violence in america. whether it is directed at democrats or republicans. no place, period. no place ever. i know there s a lot at stake in these ....

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