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BBCNEWS BBC News July 7, 2024

s behalf. we will do it for all italians, with a clear objective of uniting the people, of underlining what unites it, rather than what divides it. nine people, including five children, are dead and some 20 wounded after a gunman opened fire in school 88 in the central russian city of izhevsk, the interior ministry has said. five rescuers have been killed after being swept away in flash floods caused by a typhoon in the philippines. super typhoon noru has brought winds of up to 175 kilometres an hour. and, nasa prepares to crash a probe into an asteroid to see how to stop a space rock from hitting earth. hello and welcome if you re watching in the uk or around the world. the value of the pound fell to a record low against the dollar overnight, following the uk government s announcement of large tax cuts funded by borrowing. in asian trading, sterling fell four per cent, close to $1.03 it s recovered much of that ground this morning. the fall in the pound since friday threa ....

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BBCNEWS BBC News June 4, 2024 10:12:00

Well. so you mix that uk fundamentals are not attractive, and overseas investors don t really want to buy that, and that is why sterling has to adjust lower. stand sterling has to ad ust lower. and et, sterling has to ad ust lower. and yet. obviously sterling has to adjust lower. and yet, obviously investing in the uk economy becomes cheaper because the pound is weak. buying uk products also becomes cheaper, so at what point does that potentially start to kick in? . , ., point does that potentially start to kick in? . ,. ~ point does that potentially start to kick in? . ,., ~ , kick in? that, if you like, is the maaic kick in? that, if you like, is the magic question, kick in? that, if you like, is the magic question, because - kick in? that, if you like, is the magic question, because at - kick in? that, if you like, is the i magic question, because at some point sterling will be so cheap that our assets look attractive to overseas investors despite the negative fundamentals that ....

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