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BBCNEWS World Business Report July 6, 2024 - Vimarsana News

BBCNEWS World Business Report July 6, 2024

from 62 to 64. and — soggy takeaway! how the red—hot food delivery market has started to go cold. a lot to talk about, let's get going. we start in the us where a bitter political fight over the country's finances is about to begin. later today, the federal government will hit its borrowing limit agreed by congress far earlier than expected. the figure? an eye—watering $31.4 trillion. in the short term, treasury secretary janet yellen will be able to buy some time, using what are known as extraordinary measures, diverting cash to stop the us defaulting on its debts. but congres...

BBCNEWS BBC News July 7, 2024 - Vimarsana News

BBCNEWS BBC News July 7, 2024

report has just told uncomfortable truths and it has to be dealt with. air raid sirens sound in kyiv — officials say russia is using self—detonating drones to attack the ukrainian capital. good morning and welcome to bbc news. the new chancellorjeremy hunt is to deliver an emergency statement on the economy this morning, bringing forward measures a fortnight earlier than expected. it's expected there'll be a delay in the plan to cut the basic rate of income tax from 20p to 19p, that would be yet naother u—turn from the mini—statement that caused such turmoil on the financial ...

BBCNEWS BBC News July 7, 2024 - Vimarsana News

BBCNEWS BBC News July 7, 2024

u—turn this afternoon, possibly abandoning plans for lower corporation tax. she's due to hold a news conference in about half an hour. kwasi kwarteng has confirmed his being sacked in a letter to the prime minister which begins by saying he had asked him to set aside and that he had accepted amongst the other quotes in a letter saying that the situation he faces is incredibly difficult with raising global interest rates and energy prices and following the status quo was not an option. his letter continues, the economic environment has changed rapidly since we set out the growth pla...

BBCNEWS Verified July 2, 2024 - Vimarsana News

BBCNEWS Verified July 2, 2024

hours, it is because of issues around skills. are our university sector is stronger than germany's but 50% of school lovers who don't go to university, the germans have a better system of technical education and we need to learn from that and thatis and we need to learn from that and that is what rishi sunak is talking about in terms of people doing math to 18. part of that is we have less capital investment. germany, france and the united states between them average about 2% more invested in gdp every year. what you will see on wednesday is a range of measures designed to unlock bus...

'Open to using trade policy to curb prices' - Vimarsana News

'Open to using trade policy to curb prices'

Govt has taken many measures to tame inflation: Somanathan