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BBCNEWS BBC News July 7, 2024

it s expected to reach the capital manila later today. coming up at 2.30 in we are england, we follow the night road teams working against the clock to maintain the a1. good afternoon and welcome to bbc news. the household energy supplier octopus energy has reached a deal to buy bulb, which was one of the largest energy companies to collapse last year because of soaring wholesale gas and electricity prices. the government has spent billions of pounds keeping the company afloat since it went into administraton. the agreement means octopus will take onboard bulb s 1.5 million customers. bulb is the biggest - green energy company. it was the biggest energy company to go bust. last november, bulb found itself in administration. it was only kept going by the government, who pumped hundreds of millions of pounds into the business, but now a deal has been struck that it is hoped will give relief notjust to customers, taxpayers but also hundreds of staff. today, octopus were co ....

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BBCNEWS Outside Source July 6, 2024

everybody, they will accept them coming here, but they have to accept our rules. and the cop27 summit puts a price on tackling climate change developing countries need $2 trillion every year by the end of the decade to help deal with the impacts of global warming. americans are heading to the polls in the first national elections since the january 6 attack on congress last year. the results of the midterms could shape the next two years of american politics and make it difficult for presidentjoe biden to pass legislation. the us president cast an early vote almost two weeks ago. and in the past few hours, we ve seen former president donald trump vote in florida. he has hinted he will announce a present run next tuesday. take a listen. , , , ., . listen. tuesday will be an exciting da fora listen. tuesday will be an exciting day for a lot listen. tuesday will be an exciting day for a lot of listen. tuesday will be an exciting day for a lot of people listen. tuesday will ....

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BBCNEWS BBC News July 6, 2024

slows in the uk for a second month in a row, but remains close to a ao year high. there is still a long way to go in the battle against inflation for families up and down the country who are seeing food price inflation of nearly 17% and that is causing a massive hike in the cost of the weekly shop. philippinejournalist and nobel peace prize winner maria ressa is cleared of tax evasion charges. in tennis defending men s champion rafa nadal is out of the australian open at the second round stage after defeat by american mackenzie mcdonald. hello and welcome if you re watching in the uk or around the world. officials in ukraine have told the bbc that the country s interior minister denys monastyrsky and his deputy are among at least 18 people who ve been killed in a helicopter crash in a suburb of kyiv. there were nine people including mr monastyrsky aboard the helicopter. some of those killed were on the ground. the regional governor said the aircraft came down near ....

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BBCNEWS BBC News July 7, 2024

policy is working at cross purposes. what s your reaction to what liz truss has said this morning? what impact is the turmoil in the economy having on you? get in touch with your concerns via twitter @annitabbc and use the hashtag #bbcyourquestions two million people are left without power as one of the most powerful storms in us history hits florida s southwest coast. the gangsta s paradise rap star, coolio, has died at the age of 59. and scientists find evidence that dogs can read our mood by using their powerfull sense of smell. the prime minister, liz truss, has been speaking to the media about the economy for the first time since her government s tax cutting mini budget. she s defended her strategy, saying decisive action had to be taken, and the measures were needed to get the economy moving. however she conceded that growth wouldn t come immediately. her comments came as the former governor of the bank of england, mark carney, criticised the way the government pr ....

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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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