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BBCNEWS World Business Report July 7, 2024

we start here in the uk, where in the next few hours prime minister liz truss will unveil a multibillion pound plan to protect consumers and businesses from soaring energy prices. typical household energy bills could be capped at around 2,500 pounds a year, with companies also likely to get help. but the cost of subsidising bills is likely to be astronomical. the prime minister has ruled out tax increases, and further windfall taxes on energy firms. so, it could mean extra government borrowing of at least a hundred billion pounds. our business editor simonjack has more. heat means energy means bills, huge bills. this woman employs so many people at her glassblowing business but won t belong without an edgy lifeline. ~ , belong without an edgy lifeline. y , ., belong without an edgy lifeline. g , ., lifeline. my staff are terrified lifeline. my staff are terrified not - lifeline. my staff are terrified not only - lifeline. my staff are terrified not only fori lifelin ....

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BBCNEWS BBC News July 7, 2024

convened her final cabinet meeting afterjust seven weeks in office, making her the shortest serving prime minister in british history. i cannot deliver the mandate on which i was elected by the conservative party. i have therefore spoken to his majesty the king to notify him that i am resigning as leader of the conservative party. this is the easy bit, they will appreciate the transition from one prime minister to the other. after that, in tough road lies ahead with rising inflation, rising bills and rising inflation, rising bills and rising interest rates. we will bring you more throughout another momentous day in british politics. do stay with us on bbc news. it has been a period of immense instability in british politics, the transitions between two prime ministers in a matter of months. a busy summer, a long contest to decide who would become the leader of the conservative party, the ruling party in the uk at the moment. they have been in office first with coalition ....

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BBCNEWS BBC News July 7, 2024

and wished rishi sunak success. our country continues to battle through a storm. but i believe in britain. i believe in the british people. and i know that brighter days lie ahead. the cost of living crisis continues as many food prices soar some like pasta, tea and cooking oil up by 65% in a year. in our area, there is a lot of people that rely on pensions, rely on benefits, and if they are not supported, businesses won t continue to thrive because there will be nobody to use us. we will bring you more from throughout another momentous day in british politics as mr sunak sax tiago cabinet members he did not want those cabinet and appoints those in the place. already on the way out is business secretary and liz truss supporter jacob rees mogg. also on the way out, you work and pensions secretary, chloe smith. welcome to audiences around the world. rishi sunak has given a speech to the nation before making his way into number ten as prime minister for the first t ....

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FOXNEWS The Big Sunday Show July 7, 2024

american dollars in free money. when i was a place kicker once upon a time, i never thought this debate would happen the atlantic now says separating sports by sex makes no sense. everybody should just play together. that will be a big one later. cheering for legal progress. why don t celebrities open up their homes? several high-profile democrats who own homes are remaining silent. others in a frenzy last week but did not want to house them. people say, hey, they sent them to martha s vineyard and martha s vineyard got rid of them. we did not get rid of them. we took care of them. getting rid of them is a little harsh. not the best place for them to start fresh. this is no place to live. housing is bad. more vacation homes. the democrat mayor from el paso continues to send migrant buses to new york it does not get criticized. the democrat mayor is criticizing them for not coordinating with him even though they turned down. it is time for us to coordinat ....

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BBCNEWS BBC News July 7, 2024

and the legacy earning invasion, how is russia s war invasion, how is russia s war in ukraine affecting russians back home? north korea has launched three ballistic missiles, according to the south korean military. warnings were issued in some regions ofjapan, but none of the missiles crossed their territory. the news comes after wednesday s launch of around 20 missiles, including one that landed less than 60km from the south korean city of sokcho. those launches were described by us secretary of state antony blinken as dangerous and escalatory. north korea appears to be retaliating for the joint military drills that the south and the us have been carrying out. our correspondent in seoul isjonathan head. jonathan, escalating on both sides, an unprecedented escalation from the north koreans, but an unprecedented training exercise we are told from the americans and south koreans. both sides know these actions will destabilise the region so why are they doing it? ., it? ....

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