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Transcripts For BBCNEWS World Business Report 20240707



struggling with symptoms. let s start here in the uk, where the new chancellorjeremy hunt has ditched almost all of prime minister liz truss tax cuts announced in the government s mini budget three weeks ago. the financial markets reacted positively to the news, with the pound rising against the us dollar and uk gilts falling. in total £32 billion of the £45 billion in tax cuts have been shelved, these include. the planned 1p cut in the basic rate of income tax is now on hold indefinitely, with the rate remaining at 20%. the cap on energy prices charged to households is now only guaranteed until april next year. for a typical household, it means an annual bill will not rise above £2,500 for the next six months. but plans to cancel the 1.25% increase in national insurance contributions will still go ahead, along with a reduction in stamp duty, and the cap on bankers bonuses will still be scrapped. joining me now is chris southworth, who s the secretary general of th ....

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Transcripts For FOXNEWS Jesse Watters Primetime 20240706



just got his bag. every once in a while big cry go up through the island of miss fit bags with someone saying they have got their stuff and they are on their way home. it s still a mess. you still have people who are stranded and can t get home. you have flight staff that can t penetrate this antiquated communication system to let the airlines know that they are available to fly people home. you have got a lot of really tired people and they are just stuck. our luggage is missing. it s mia. we ended up completely canceling southwest entirely. we are hoping we will get a refund. 2,885 domestic flights were canceled. 86% of them were southwest. 2,509. the southwest pilots union, as well as the flight attendants union say the melt down was very predictable because southwest executives did not invest in and modernize the logistics and communication technology. the ceo of southwest offered an apology. the tools we use to recover from this disruption serve us well 99% ....

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Transcripts For CNN Erin Burnett OutFront 20240707



of the florida coast of that this is sanibel island, an island decimated by hurricane ian. right now there s no way to get help in to sanibel. the only bridge that connected the island to the mainland, it s a long causeway, it s caved in. so there s no way to get on or off the island unless you travel by boat. and that s been incredibly difficult for anyone to do. and that loss right now spans the florida coast. i ll show you cape coral. our bill weir was here today. this is a picture he took. you can see home after home totally destroyed and flooded. the ones that are still standing, you can see siding ripped off. at one point ian s winds were 155 miles an hour. we re going to have much more from bill weir in a moment. not far from where he took those images, ft. myers beach, striking images of what is left. not much. the beach community 48 hours ago looked like that. now, take a look at this. estero boulevard, 24 hours later. a restaurant called the whale surrounded b ....

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Transcripts For FOXNEWS Jesse Watters Primetime 20240707



wow. you got the video? i got it. here it is. oh, man. that s our pool. that s our deck. that was my house. my house is gone. jesse: a fox news alert, one of the largest search and rescue missions in american history is underway after hurricane ian decimated moving up the east coast. governor ron desantis says the situation is really bad. the amount of water that s been rising, will likely continue to rise today, even as the storm is passing, is basically a 500-year flood event. jesse: first responders are working around the clock. hundreds have been rescued since the storm hit. here s nassau county deputies saving two people stranded on a sailboat in the storm. hold on, hold on! hold! jesse: on the other side of the state, naples firefighters rescued a woman trapped in floodwaters. watch. jesse: it s all hands on deck. we re seeing the best side of people come out in the face of tragedy. a good samaritan used his jet ski to help firefighters with ....

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Transcripts For BBCNEWS BBC News 20240707

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. hello and welcome if you re watching in the uk or around the world. the british 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 promised big tax cuts, without giving any costings or economic forecasts. mr carney accused the treasury of undercutting the country s financial institutions. the value of the pound has plunged since chancellor kwasi kwarteng s announcement on friday. ye ....

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