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BBCNEWS TikTok Begging July 7, 2024

it paves the way for him to become the most powerful leader since mao zedong. and those are your latest headlines. the governor of the bank of england, andrew bailey, has spoken to the new chancellor, jeremy hunt, and says there was a clear meeting of minds on the importance of stability. now mr bailey has also warned of the possibility of higher interest rates ahead, more than previously expected. our business correspondent, marc ashdown, has this analysis. all smiles launching the mini budget at the end of september. and with it a new political phrase trussonomics, describing liz truss s vision for a high growth, high wage, low tax economy. but just three weeks later, her new chancellor has buried it. have you been given a clean slate? can you change elements of the mini budget if you want to? yes. and the fundamental thing the prime minister wants me to do and i need to do is to be completely honest with the country. trussonomics reversed, then. tax cuts likely r ....

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BBCNEWS TikTok Begging July 7, 2024

i mean, it s absolutely wonderful that we ve managed to find a home for these bears. they were all left there. paddington was left in paddington station seeking a home. these bears were left in the royal parks effectively seeking a home and it s wonderful to think that all of these bears will go to children who will appreciate them and love them for many years. donating the bears to barnardos is a tribute in itself. for more than 30 years, the queen was the charity s patron, carrying out a number of engagements for them before handing that duty over to the then duchess of cornwall six years ago. barnardos says the bears will be well looked after by the children they support and they will be told the story of this special group of bears and how they came to be donated. daniela relph, bbc news. now it s time for a look at the weather with louise. hello there. plenty of this today. yes, for many, there s going to be a lot of sunshine around, a lot of winds. it ll feel quit ....

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BBCNEWS BBC News July 7, 2024

more muted debate in the common chamber today. to an extent, i think there was goodwill towards liz truss. the commentary was saying she had quite an easy ride but it could get more ferocious, but i think it would be a different tone to what we ve seen in the past few months with scandal upon scandal emerging and that really dominating the agenda. and that really dominating the a . enda. and that really dominating the aaenda. , ~ , agenda. and i “ust? i think there is agenda. and i “ust? i think there is a collective agenda. and ijust? i think there is a collective holding agenda. and ijust? i think there is a collective holding of agenda. and ijust? i think there is a collective holding of breath - agenda. and ijust? i think there is a collective holding of breath at. a collective holding of breath at the moment. untilwe see a collective holding of breath at the moment. until we see this. what the moment. until we see this. what the the moment. until w ....

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BBCNEWS The Papers July 7, 2024

liz truss, has promised immediate action on surging energy prices, as she faced her first series hello and welcome to our look ahead to what the papers will be bringing us tomorrow. with me are annabel denham, director of communications at free market think tank, the institute of economic affairs, and anand menon, director of the think tank the uk in a changing europe, which describes itself as providing independent research on brexit and its impact. we will say hello and just a moment after we take a look at the actual front pages. the i previews tomorrow s announcement on energy bills, saying liz truss will unveil emergency support, but leaves questions over how it will be funded. the times reports that the £150 billion package will rely on government borrowing to hold bills steady for two years. about time, says the mirror. but the paper criticises the decision not to expand the windfall tax on oil and gas firms to pay for it. the new pm will revolutionise energy ....

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BBCNEWS BBC News July 7, 2024

rachel reeves, the shadow chancellor, is there and they promise they will bring back the rate of interest tax to fund nhs staff. other news this afternoon. a moment of history in italy georgia meloni looks set to become its first far right leader since the second world war and its first female prime minister. a school shooting in russia has left at least 13 people dead, seven of them children. and nasa prepare to crash a space probe into an asteroid to find out how hard it would be to save the planet. welcome to bbc news, very good to have your company and it is going to be a busy afternoon. the pound fell overnight to its lowest level against the dollar for half a century. asian markets were reacting in part to the government s announcement last week of tax cuts and increased borrowing to pay for them. of course, that had come too late for their trading week on friday. at one stage, sterling plunged to around $1.03, before regaining ground. a weaker pound raises th ....

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