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BBCNEWS BBC News July 7, 2024

they re trying desperately to change the narrative here. and the reality that most russian forces in ukraine are on the retreat. the delayed rugby league world cup will finally begin later, when hosts england take on samoa in the first of 61 games of the tournament. hello and welcome if you re watching in the uk or around the world. in the uk, the new chancellor of the exchequer, jeremy hunt, has refused to rule out public spending cuts, and said taxes may have to rise. in his first interviews since being appointed, jeremy hunt told the bbc ministers had made mistakes when they announced plans to slash taxes without setting out how it would be paid for. in the three weeks since, the cost of borrowing money rose, both for the public and for the government. mr hunt said every government department would have to come up with savings. answering prime minister s questions this week, liz truss had suggested that public spending would continue to rise. there were some mistakes ....

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BBCNEWS BBC News July 7, 2024

difficult decisions ahead. he suggested taxes could rise to help restore market confidence and also talked about spending cuts. mr hunt was appointed yesterday after the prime minister sacked his predecessor, kwasi kwarteng. here s our political correspondent ione wells. well. hours into his newjob, the well. hours into his new “ob, the chancellor well. hours into his new “ob, the chancellor was i well. hours into his new “ob, the chancellor was tasked well. hours into his newjob, the chancellor was tasked with - well. hours into his newjob, the chancellor was tasked with setting | chancellor was tasked with setting out his still, a very different one from the one the prime minister set out. on wednesday, she said she is absolutely not planning public spending cuts but listen to this. we have spending cuts but listen to this. - have some very difficult decisions ahead, difficult decisions on spending, which is not going to rise as much as people hope and i am ....

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BBCNEWS Talking Business July 7, 2024

tells me how it s a story of both american strength and the weakness of other economies. so how much stronger could the dollar get? i m going to ask this man right here, former us treasury secretary larry summers, if an international deal will be needed to curb its rise. also on the show, helping beat those queues at the airport. i m going to be speaking to the big boss of air transport data giant sita about the tech solutions driving the future of seamless travel. wherever you rejoining me from around the world, once again, a big hello and a warm welcome to the show. here s a quote. the dollar is our currency, but it s your problem. that s what the then us treasury secretaryjohn connally famously told some of his european counterparts back in 1971. and 50 years on, it seems as true as ever. us policymakers, they re trying to clamp down on the cost of living crisis and the impact of that? it s being felt all over the world. politicians and central bankers everywhere a ....

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BBCNEWS Review 2022 July 6, 2024

now on bbc news, it s time for review 2022. a year the world mourned queen elizabeth ii. # i am the resurrection. her funeral a show of pomp and precision like few had ever seen. # he that believeth in me. thousands joined the queue to see the queen lying in state. for the new king, his was a public grief. just three months earlier, the queen celebrated her platinum jubilee. with herfamily, the nation. oh, dear. and paddington. perhaps you would like a marmalade sandwich? i always keep one for emergencies. so do i. i keep mine in here. 0h! the last official duty of queen elizabeth ii at her balmoral estate in scotland, meeting the new prime minister back then liz truss. two days later came news that the queen was unwell and her doctors were concerned. members of the royal family flew to scotland. it was clear the situation was grave. just after 6.30pm on thursday the 8th of september, the announcement that an historic 70 year reign was at an end. the bbc is interrup ....

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BBCNEWS BBC News July 7, 2024

to test whether space rocks that might threaten earth could be deflected out of the way. as far as we can tell, our first planetary defence test was a success, and i think we can clap to that, everyone. cheering. so. right? so, yeah, well, i. yeah, i think the earthlings should sleep better. ukrainians in four russian held regions have one final day to vote in a referendum that kyiv and its western allies dismiss as a sham. hello and welcome if you re watching in the uk or around the world. in the uk, chancellor kwasi kwarteng is meeting fund managers this morning after days of volatility on global markets. banks and building societies in britain have withdrawn some of their mortgage deals, and interest rates are expected to rise significantly over the coming months. so, what s caused it? well, the chancellor s mini budget last week has spooked the markets. it has been followed by a dramatic fall in the value of the pound. yesterday, it dropped to a record low against the us ....

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