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BBCNEWS World Business Report July 7, 2024

let s start here in the uk, where prime minister liz truss is no longer promising to increase state pensions in line with surging inflation, and has asked ministers to look for more spending cuts. two weeks ago, the prime minister said she was committed to what s known as the triple lock. that means payments rise by whatever is higher between prices, average earnings or 2.5%. however her spokesman said truss was now not making any commitments on government spending. inflation figures are out in a few hours time and expected to show its at 10 percent, whilst the figure for average earnings is just below 5.5%. joining me now is dan kemp global chief investment officer at morningstar investment management. this investment management. will be a real concern foi many this will be a real concern for many pensioners, this trust when asked about the triple lot can my colleague asked her she said she was committed to that? you are correct, it will be of great concern to p ....

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BBCNEWS BBC World News July 7, 2024

keep control of congress in the mid term elections. with your support, i will sign a law codifying roe injanuary. netflix reverses a drop in customer numbers as a stream of new programmes helps it sign up almost 2.5 million new households. if they don t get at least five hours sleep a night. how much sleep have you had or not, we will be unpacking the mystery of sleep and what it is for our health, late in the programme. ukraine s civil defence service says more than a thousand towns and villages across the country are now without power. russian air strikes have hit the capital, kyiv, again on tuesday but there ve been attacks across the country. president zelensky says 30% of ukraine s power stations had been destroyed in the past eight days. sylvia lennan spence reports. children, the elderly even family pets, waiting for their turn to be taken to safety. this is the southern city of kherson, occupied by russian forces this february, civilians have begun to leave amid ....

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BBCNEWS BBC News July 7, 2024

talking to people about how they are coping with rising prices. join they are coping with rising prices. us at 9.30 at the we join us at 9.30 at the fire station. we have an audience full of fascinating people from all walks of life who will be talking about the cost of living crisis and how it is affecting people who work and live in the city. join us at 9.30. and i m annita mcveigh at westminster where at 12 o clock, liz truss will face questions from mps in the house of commons for the first time since the almost complete reversal of her economic plan. and as inflation hits double figures, downing street refuses to commit to increasing state pensions in line with prices, which would be breaking a manifesto pledge. obviously we take manifesto commitments incredibly seriously. the chancellor will be making a statement in just over a week s time, where he will set out all the plans for taxation and expenditure and government budgets. hello and welcome to bbc news, wit ....

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BBCNEWS BBC News at One July 6, 2024

is still close to a ao year high. ukraine s interior minister is among 18 people killed when a helicopter crashed near a children s nursery, in a suburb of the capital. a major incident is declared by the environment agency after flooding in somerset. and out, down under defending men s champion rafa nadal and britain s emma raducanu are both beaten in the australian open. and coming up on the bbc news channel. snooker in crisis. masters champion yan bingtao is among ten chinese players facing match fixing charges as the sport investigates its biggest corruption scandal. good afternoon and welcome to the bbc news at one. there is widespread disruption to nhs services again today after nurses in england began two more days of strikes about pay. around a quarter of hospitals and community health services are affected, though emergency care will be provided. the union the royal college of nursing has been calling for wages to increase by 5% above inflation. but the healt ....

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BBCNEWS World Business Report July 6, 2024

so let s now get down to business and, as you ve been hearing, a stark warning has come from the head of the united nations that the world is sending out a distress signal and our planet is changing at a catastrophic rate. antonio guterres was speaking at the cop27 summit in egypt, where over 100 world leaders are gathering. last year, many economies pledged to reach net zero by 2050. but then things changed, europe s energy market was hit by russia s invasion of ukraine, and now countries face the prospect of blackouts and rationing of energy supplies. in response, germany, italy, the netherlands, greece and hungary have all extended production of coal and have re opened previously closed facilities. so can european countries still meet their net zero pledges? tim mcphie is spokesperson for climate and energy at the european commission. we have very dramatic challenges before us but we have written into law legislation that all member states have to follow. 0ur net z ....

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