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Transcripts For BBCNEWS Politics 20240705

written by the government explaining what it was going to do with the finest scientists and economists in the country and we came to the conclusion that they have gone backwards from last year because they really have not done all the things they could have done. with the cost of living crisis, the up to have increased the number of renewable energy because that is the cheapest way of providing energy with the energy security problem, that was also necessary, so it is notjust that was also necessary, so it is not just for climate that was also necessary, so it is notjust for climate change. these things need to be done for the other priorities that the government should have. i priorities that the government should have. priorities that the government should have. ., ., h, should have. i am reading the report here, it should have. i am reading the report here. it says should have. i am reading the report here, it says that should have. i am reading the report here, it sa ....

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Transcripts for BBCNEWS Politics Live 20240604 10:35:00

Thames water the biggest supplier in the uk, supplying 27% of the population, there is a lot of public angeras population, there is a lot of public anger as you mentioned, we have seen anger as you mentioned, we have seen a lot of bonuses and dividends paid out in recent years. we a lot of bonuses and dividends paid out in recent years. out in recent years. we have seen ollution out in recent years. we have seen pollution of out in recent years. we have seen pollution of swimming out in recent years. we have seen pollution of swimming water - out in recent years. we have seen pollution of swimming water and l pollution of swimming water and beaches but thames water says we need to raise bills to invest and stop that happening, many say you have the moneyjust put it into investment. have the money ust put it into investment. have the money ust put it into investment. yes, it is facing so many issues investment. yes, it is facing so many issues with investment. yes, it is fac ....

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Transcripts for BBCNEWS Politics Live 20240604 10:39:00

What happens if somebody can t pay their debt back? it depends on who it is, or what relationship we ve got. like, the ones that seriously take the- have no - intention of paying you. they re the ones in trouble. what does trouble mean? replace your vehicle, replace your windows, your door, broken nose, smashed up eye sockets. they re going to wish they paid me. they get a chance to explain themselves, and that s it. i am outside your house. and you don t want me outside your house. does it have to be so brutal, when these are vulnerable people.? the ones it happens to aren t the vulnerable ones. they re borrowing money to make money. these people can pay me back. they can. i see it as they don t want to. he told me he has lent money to hundreds of people, from £500 right up to £100,000. would you say, with the cost of living going up, people are generally going more to moneylenders? yes. they re defaulting on their loans, on their mortgages. i help. that s how you see it? ....

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Transcripts for BBCNEWS Politics Live 20240604 10:38:00

For finance suggests the cost of living crisis is pushing more people into the hands of unscrupulous or illegal money lenders. a business reporter has the details. i ve got a warrant here. no, open the door. we ll explain what is going on as soon as we come in. as prices in the uk rise, officials are trying to crack down on those taking advantage of the cost of living crisis. in this case, illegal money lenders. with more regulation around payday loans and home credit, there are limited options for those who struggle to borrow money. it seems some might be turning to loan sharks, who offer cash loans without any paperwork, but at a price. notjust exorbitant rates of interest, but sometimes threats of violence. i wanted to understand how those desperate enough to use their services might be exploited, so i ve come to meet d. he says he s an enforcer. he collects debts. we re not using his real name. ....

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Transcripts for BBCNEWS Politics Live 20240604 10:37:00

Theirfailure only a handful. lordstown claimed their failure on the taiwanese company which lordstown said promised to invest more money and collaborate on vehicle development plans. the taiwanese company has invested more than $50 million and said it was hoping to negotiate a solution to the financial worries of lordstown. lordstown is not the only electrical truck maker has been suffering lately. another company backed by amazon has. it is a big come down from the electric truck frenzy which hit wall street investors just a few years ago. thank you for the details. elsewhere, to illegal money lenders have told the bbc in rare interviews that people in the uk are increasingly seeking their services to pay for essentials such as food and fuel. that comes as a new report from the do not profit group fear ....

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