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BBCNEWS Politics Live July 6, 2024

criticising the small boat policy, resulting in him being taken off air for breaching bbc guidelines. he accused rishi sunak of not standing up accused rishi sunak of not standing up to what he called keir starmer, snowflake conservative mps who he said wanted to cancel gary lineker for criticising the government and saying so publicly. he then questioned why it was that rishi sunak s former boss, the chairman of the bbc, a conservative donor, richard sharp, was still in his position, asking if it was still tenable when there had been allegations about a conflict of interest in terms of trying to facilitate a loan for the conservative prime minister, boris johnson. that was pmqs. let s have the statement from jeremy hunt. madam deputy speaker, in the face of enormous challenges, i report today on a british economy which is proving the doubters wrong. in the autumn, we took difficult decisions to deliver stability and sound money. since mid october, and your guilt rates have f ....

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BBCNEWS Breakfast July 6, 2024

the sunshine is back today across scotland the sunshine is back today across scotland and northern ireland but england scotland and northern ireland but england and wales, more cloud. and for some, england and wales, more cloud. and for some. it england and wales, more cloud. ﬁfic for some, it will england and wales, more cloud. ﬁfic for some, it will be england and wales, more cloud. e ic for some, it will be on england and wales, more cloud. el ic for some, it will be on the wet side. it s friday, the 21st of april. our main story. the prime minister is under increasing pressure this morning to make a decision over the future of his deputy, dominic raab. rishi sunak has been accused of dithering by opposition parties, as he considers a report into bullying allegations against mr raab, which he denies. our political correspondent jonathan blake reports. have you always behaved professionally, mr raab?i dominic raab s fate is in the prime minister s hands, as ....

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BBCNEWS BBC News July 6, 2024

shares in the swiss banking giant credit suisse fall to a record low as investors remain worried after the collapse of silicon valley bank. a high court in pakistan orders police to halt their operation to arrest former prime minister imran khan until thursday, following clashes between police and his supporters. conflicting accounts from washington and moscow as a us drone crashes into the black sea after an encounter with russian fighter jets. and a small number of wolves settle in belgium for the first time in more than 100 years as numbers rise across europe. hello. we start here in the uk where the chancellorjeremy hunt has been setting out his budget, pledging to build for the future . the uk economy is set to shrink this year, but it is no longer expected to enter a recession. mr hunt also says the inflation forecast is to fall from above 10%, to just under 3% by the end of 2023. but the labour leader, sir keir starmer, accuses the government of dressing up s ....

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CNN At This Hour With Kate Bolduan July 6, 2024

west and winter storms out east. and now, rite aid and how the drugstore is being accused of fueling the opioid epidemic. this is what we are watchingt that hour. thank you for being here, i m kate bolduan, and we are beginning with the turmoil, the fallout, and the wild ride that has already been this week since the abrupt collapse of silicon valley bank. and the federal reserve is looking at the oversight of the bank and what went wrong and who missed what. the regional banks are bounce back after confidence of the institutions were shaken yesterday. this is how the stocks are performing right now. that is not all that is shaking up the economic picture this morning. we got the latest read of inflation. the government reporting that inflation fell for the eighth straight month in february. matt egan and john solomon joining us u no. matt egan to you, what are we seeing? we are seeing that the pressure is easing here, and the fact that the regional bank shares fe ....

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CNN The Lead With Jake Tapper July 6, 2024

silicon valley bank collapsed on friday, and the government of the state of new york shut down signature bank last night, claiming signature was on the verge of collapse. the federal government has since taken over that bank. president biden rushed out to the cameras this morning before the markets could open to try to calm the american people. he insisted there s no need for the public to worry, that their money is safe and the economy will not suffer. america can have confidence that the banking system is safe. your deposits will be there when you need them. every american should feel confident their deposits will be there if and when they need them. let me also assure you we will not stop at this. we ll do whatever is needed. the concern now is whether this was just the first part of a larger financial crisis and whether other banks or the markets will take a major hit in the coming days and the move by the biden administration to guarantee that the funds in thos ....

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