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BBCNEWS World Business Report July 7, 2024



we start here in the uk where a final battle to become the next prime minister is taking place as the country faces the worst cost of living crisis in a generation. as you ve been hearing, formerfinance minister, rishi sunak, and the foreign secretary, liz truss are the last remaining candidates. they will now face a vote by conservative party members around the uk with a result expected in september. whoever wins could mean a very different approach to the economy. truss says you cannot tax your way to growth she is proposing more than 30 million pounds in immediate tax cuts. sunak wants to delay the tax cuts until inflation is under control. borrowing your way out of inflation , he says, isn t a plan, it s a fairytale . the economic challenges facing the next prime minister are huge. last month, the rate of inflation hit 9.4% the highest rate for a0 years driven by a leap in the price of fuel, and also of basic foods like milk, cheese and eggs. our economi ....

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BBCNEWS BBC News July 7, 2024

china has launched several ballistic missiles into waters around taiwan in response to a us senator s divisive visit to the island. and how disposable facemasks are blighting birdlife in 23 countries around the world. the bank of england has predicted that the uk is set to enter a recession this autumn lasting more than a year. the bank says inflation is likely to peak at 13% by december, and today it has announced the largest rise in interest rates for 27 years. the 0.5% hike means that interest rates now stand at 1.75%. the move is part of attempts to curb spiralling inflation, by making borrowing more expensive and discouraging spending. but it means mortgages and loans will be more expensive for millions of people, as andy verity reports. rarely has the bank of england given out an economic warning this unsettling. it s not only forecasting the worst inflation in a0 years, hitting 13% in the next few months, but a full blown recession starting this autumn. that means it e ....

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BBCNEWS Breakfast January 11, 2017

Worries are stopping them doing theirjob properly because of sleepless nights and days off sick. And its notjust affecting those on lower incomes. In sport, its one step closer to a cup final for manchester united. They beat hull city 2 0 in the first leg of the League Cup Semi final. And this is the incredible trick shot which has caused a sensation on social media. Its two minutes long and you really dont want to miss it. And carol has the weather. We are starting off with a very windy day. Windy for all day for most of us. Storms locally and severe gales for some. Sunshine further south but tomorrow, parts of the south will also have sleet and snow. Good morning. First, our main story. Barack obama has delivered his Farewell Address as us president , telling the American People he believes the country is in a bett ....

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BBCNEWS Breakfast March 29, 2017

Was motivated by religious extremism. His period in luton and before, he wasnt a radical. In prison in saudi arabia and in the period he spent in luton. If he was i definitely would have identified those signs. In sport, Great Britain will be without andy murray as they take on france in the davis cup Quarter Finals next week. And matt has the weather. Good morning. Cloudy skies rather than sunny ones muggy today, Rain In The West at times. Details on all that and a bit more warmth on the way. More details in 15 minutes. Good morning. First, our main story. Theresa may has signed the letter that will formally begin the uks departure from the European Union. The letter will be delivered by hand to the president of the
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