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BBCNEWS BBC News July 7, 2024

russia after the kremlin held unofficial referendums. referendums. the bank of england has stepped in to prop up the government bond market after uk interest rates soared and gilts tumbled following the government s mini budget. the bank warned the market s reaction to the government s measures now represented a material risk to uk financial stability. it says the market for gilts, in which the british government borrows, has become dysfunctional and threatens the finances of uk households and businesses. investors fear the big market moves are a particular threat to the uk s pension funds and threaten spill over damage across the financial sector. here s our economics editor, andy verity. ever since last friday, the bank of englands governor andrew bailey has been trying to resist taking emergency measures following kwasi kwarteng s huge tax cuts to be funded by borrowing. but now the cost of borrowing on financial markets has forced him to. in an emergency statement, the ba ....

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FOXNEWS Your World With Neil Cavuto July 6, 2024

our job is not to coronate the biggest fund raiser or rubber stamp the status quo or keep on going along to get along. it s to use our votes. to elect a speaker who will enable us to get our country back on track. neil: when we eventually decide on that person. i m neil cavuto. this is your world. the showdown to decide who will become the need leader goes into a sixth vote that for the republican leader right now, kevin mccarthy, it s the same old story. a political grounds hog day that yields the same results with every vote. etch though we don t have the sixth round of voting done, we can already know by seeing those under the others category that kevin mccarthy has failed yet again to get the votes he needed. you can t afford to lose more than 4. with each and every voted, he s lost that many and more. it could be as low as 19 and as high as 20. no matter how you slice it, he s coming up zero. chad pergram on capitol hill with more on this and where this goes ....

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BBCNEWS Breakfast July 7, 2024

voting begins onjoining russia in four areas of ukraine controlled by pro moscow forces a move widely condemned by the west. wales are beaten in belgium in their penultimate game before the world cup. while also in the nation s league, england will tonight be hoping to rediscover their mojo in milan. open to the public the former gas platform, the former gas platform that s been turned into a seaside visitor attraction. we ll be live from the top of it. it is the autumn equinox today. the weather will turn cooler over the next days. today, many places will be dry, showers in the south east and north west. the details here on breakfast. it s friday, the 23rd of september. our main story. the chancellor, kwasi kwarteng, is setting out a mini budget later this morning. he s expected to announce a series of tax cuts, along with tens of billions of pounds of public spending. it comes after the bank of england raised interest rates to 2.25% the highest level since 2008. consu ....

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BBCNEWS BBC News July 7, 2024

north westerly breeze, a weak front sinking south and the breeze through this afternoon will continue to fed showers into northern and western scotland and the odd one in northern ireland and some rain on the tail end of the front in the south west. a fine story for most, spells of sunshine and temperatures in the high teens to the low 20s. through the evening and overnight the front clears to the south of the uk. some thicker cloud in northern ireland and western scotland through the small hours. but with clear spells in central and southern england it could be chilly with a low of six degrees in rural spots. a lot of sunshine as the day starts in the uk. but this bank of cloud in northern ireland will drift further south, pushing into wales and southern england come the afternoon and western scotland. some rain for western scotland. elsewhere, a dry story. temperatures similar to today. forthe story. temperatures similar to today. for the action on court, not anticipa ....

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BBCNEWS BBC News July 7, 2024

are off the menu for school dinners according to some caterers, who blame shortages and rising costs. are you worried about the food on offer at your child s school? you can message me on twitter on @benmboulos. in other news, a man s died and thousands have been told to leave their homes amid torrential rain and majorflooding in sydney. a new species of giant water lilly has been discovered by scientists despite hiding in plain sight at kew gardens for 177 years. hello, good morning. borisjohnson is facing more calls to reveal what he knew about allegations of inappropriate behaviour by chris pincher. mr pincher resigned as deputy chief whip on thursday, following allegations he groped two men at a private members club. in his resignation letter, the mp said he drank far too much and embarrassed himself and other people. he was allowed to continue as a tory mp until late on friday, when he was suspended. mr pincher now faces a series of new claims of inappropria ....

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