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Aug 21, 2022
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kwasi kwarteng is an interesting figure _ kwasi kwarteng is an interesting figure as — kwasi kwartengted that windfall taxes on oil and gas he's opposed to them, labour— on oil and gas he's opposed to them, labour has _ on oil and gas he's opposed to them, labour has said is £29 billion bill to cover— labour has said is £29 billion bill to cover energy bills will be paid by windfall tax. as daisy says, there — by windfall tax. as daisy says, there is— by windfall tax. as daisy says, there is no— by windfall tax. as daisy says, there is no detail but there's actually— there is no detail but there's actually no detail on how this will be paid _ actually no detail on how this will be paid for— actually no detail on how this will be paid for when they come up with a number _ some digging to be done. let�*s turn our attention to the mirror. waste minster, outrage at the 2.6 million waste of subsidised meals. i minster, outrage at the 2.6 million waste of subsidised meals.- minster, outrage at the 2.6 million waste of subsidised meals. i hate to be a -a waste of subsidised meals. i hate to
kwasi kwarteng is an interesting figure _ kwasi kwarteng is an interesting figure as — kwasi kwartengted that windfall taxes on oil and gas he's opposed to them, labour— on oil and gas he's opposed to them, labour has _ on oil and gas he's opposed to them, labour has said is £29 billion bill to cover— labour has said is £29 billion bill to cover energy bills will be paid by windfall tax. as daisy says, there — by windfall tax. as daisy says, there is— by windfall tax. as daisy says,...
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Aug 21, 2022
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kwasi kwarteng addresses that in this. he is a key ally of liz truss. is entirely reasonable that she doesn't set out the specifics until she has got all the information to hand. so the other thing you might be thinking is the uk does have a government even though this contest is going on at the moment, and why isn't the existing governmentjust clapping on and doing things? the answer to that is that it has promised that it will not make any big spending commitments or policy commitments before the new prime minister is in place. helen, thank you very much. a reminder of our main headlines here on bbc news. security forces say they have ended a siege carried out by an islamist gunmen at a hotel in the somali capital. the unite union has announced eight days of strike action by staff at the uk's largest container port, felixstowe, in a dispute over pay. darya dugin, the daughter of one of president putin's close allies, dies after her car exploded as she was driving home. boxing news now and the ukrainian heavyweight, 0leksandr usyk, has retained his fou
kwasi kwarteng addresses that in this. he is a key ally of liz truss. is entirely reasonable that she doesn't set out the specifics until she has got all the information to hand. so the other thing you might be thinking is the uk does have a government even though this contest is going on at the moment, and why isn't the existing governmentjust clapping on and doing things? the answer to that is that it has promised that it will not make any big spending commitments or policy commitments before...
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Aug 21, 2022
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kwasi kwarteng addresses that in this. he is a key ally of liz truss.t out the specifics until she has got all the information to hand. so the other thing you might be thinking is the uk does have a government even though this contest is going on at the moment, and why isn't the existing governmentjust clapping on and doing things? the answer to that is that it has promised that it will not make any big spending commitments or policy commitments before the new prime minister is in place. oui’ our political correspondent helen catt and talking to me a little earlier. staying here in the uk. some students are still waiting for their vocational exam results this morning — three days after they were due to get them. the exam boards pearson and 0cr have apologised to pupils who have been affected. it's left some unable to confirm their university places. she confronted the soviet threat during the cold war and took part in the mission to defend the falklands. but now, more than 60 years after she first took to the skies, the uk's last airworthy vulcan is loo
kwasi kwarteng addresses that in this. he is a key ally of liz truss.t out the specifics until she has got all the information to hand. so the other thing you might be thinking is the uk does have a government even though this contest is going on at the moment, and why isn't the existing governmentjust clapping on and doing things? the answer to that is that it has promised that it will not make any big spending commitments or policy commitments before the new prime minister is in place. oui’...
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Aug 23, 2022
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, — her new likely chancellor, mr kwasi kwarteng, will come up with. me up with. though is still going on, of— kwarteng, will come up with. though is still going on, of course. _ that�*s it for the papers this hour. kate and david will be back again at 11.30pm for a second look at the front pages. but it�*s goodbye for now. good evening, i�*m tulsen tollett, and this is your sports news — where we start with england midfielderjill scott who�*s announced her retirement from football, having won the second most lionesses caps in history with 161. it�*s just 2a hours since record goal—scorer ellen white also retired from the sport. i think this is probably less of a surprise then ellen white was, the fact thatjill scott, in the most recent euros campaign when they won the trophy at wembley, she was very much a squad player, and you certainly got the impression that she probably wasn�*t going to play for england much at all going forwards post that tournament. i think it might�*ve taken a few people surprised that she�*s retiring completely, that she won�*t
, — her new likely chancellor, mr kwasi kwarteng, will come up with. me up with. though is still going on, of— kwarteng, will come up with. though is still going on, of course. _ that�*s it for the papers this hour. kate and david will be back again at 11.30pm for a second look at the front pages. but it�*s goodbye for now. good evening, i�*m tulsen tollett, and this is your sports news — where we start with england midfielderjill scott who�*s announced her retirement from...
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Aug 21, 2022
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kwasi kwarteng addresses that in this. he is a key ally of liz truss.ernment even though this contest is going on at the moment, and why isn't the existing government just cracking on and doing things? the answer to that is that it has promised that it will not make any big spending commitments or policy commitments before the new prime minister is in place. i , political correspondent helen catt talking to me earlier. let's stay in the uk... some students are still waiting for their vocational exam results this morning — three days after they were due to get them. the exam boards pearson and 0cr have apologised to pupils who have been affected. it's left some unable to confirm their university places, or arrange their accomodation. i'm joined byjames awdaf, a student who is still waiting for his btec results. good to see you, james. an anxious wait, what's going on here? i good to see you, james. an anxious wait, what's going on here?- wait, what's going on here? i really can't tell you- _ wait, what's going on here? i really can't tell you. it's _ wai
kwasi kwarteng addresses that in this. he is a key ally of liz truss.ernment even though this contest is going on at the moment, and why isn't the existing government just cracking on and doing things? the answer to that is that it has promised that it will not make any big spending commitments or policy commitments before the new prime minister is in place. i , political correspondent helen catt talking to me earlier. let's stay in the uk... some students are still waiting for their vocational...
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Aug 21, 2022
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kwasi kwarteng saying windfall tax. kwasi kwarteng saying windfall tax.d to spell out what she is going to do otherwise it could be a couple of weeks into her being prime minister and we could end up with an emergency budget. that might be popular but things that are popular are the right thing to do. we need to spell out what they are going to do. , . to spell out what they are going to do. . , . . ~' to spell out what they are going to do. , . ., , to spell out what they are going to do. , . ., ., do. just a quick thoughts by both of ou about do. just a quick thoughts by both of you about michael _ do. just a quick thoughts by both of you about michael gove _ do. just a quick thoughts by both of you about michael gove coming - do. just a quick thoughts by both of you about michael gove coming out do. just a quick thoughts by both of. you about michael gove coming out to support rishi sunak. sonia, first of all, is that a blessing or otherwise?— all, is that a blessing or otherwise? �* ., , , ., otherwise? i'm not sure it is going to make much _ otherwis
kwasi kwarteng saying windfall tax. kwasi kwarteng saying windfall tax.d to spell out what she is going to do otherwise it could be a couple of weeks into her being prime minister and we could end up with an emergency budget. that might be popular but things that are popular are the right thing to do. we need to spell out what they are going to do. , . to spell out what they are going to do. . , . . ~' to spell out what they are going to do. , . ., , to spell out what they are going to do. , ....
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Aug 25, 2022
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indication from what the energy companies have put forward that there is a big meeting with them — kwasi kwartengjob, but it's not happening. in this meeting, the energy meetings put forward this skill that would be £100 billion, huge money for the government where loans would be provided to the energy companies to allow them to keep the price cap where it is and not to increase further, and it would be paid back at some point in the future when bills start to stabilise and they are able to put that towards the government. there's lots of ideas in the offering but we just don't know how long this will last. today is ukrainian independence day, and it's an absolutely amazing feat that a nation that everyone thought would be trumped by russia is still standing and fighting nobly. but it's a reminder that this will be a long slog, and all this is predicated on energy prices staying the same. what if they lit up at gas and oil? that could put even more pressure on energy companies. br; and oil? that could put even more pressure on energy companies. by the ener: pressure on energy companies. by the en
indication from what the energy companies have put forward that there is a big meeting with them — kwasi kwartengjob, but it's not happening. in this meeting, the energy meetings put forward this skill that would be £100 billion, huge money for the government where loans would be provided to the energy companies to allow them to keep the price cap where it is and not to increase further, and it would be paid back at some point in the future when bills start to stabilise and they are able to...
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Aug 5, 2022
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i business secretary, kwasi kwarteng, has also been speaking this morning about the economy.te is 2% and you are predicting 13.3%, something has .one are predicting 13.3%, something has gone wrong. now i am not someone who is necessarily— gone wrong. now i am not someone who is necessarily going to blame the bank _ is necessarily going to blame the bank i_ is necessarily going to blame the bank. i think this will be a matter of debate — bank. i think this will be a matter of debate. he's raised interest rates — of debate. he's raised interest rates by— of debate. he's raised interest rates by 0.5%, which is the highest increase _ rates by 0.5%, which is the highest increase since 1995, in 27 years, which _ increase since 1995, in 27 years, which suggests he probably feels he could have raised them sooner because — could have raised them sooner because it _ could have raised them sooner because it was a very big hike, actually, — because it was a very big hike, actually, yesterday. but i think we need _ actually, yesterday. but i think we need to— actually, yesterday. but i th
i business secretary, kwasi kwarteng, has also been speaking this morning about the economy.te is 2% and you are predicting 13.3%, something has .one are predicting 13.3%, something has gone wrong. now i am not someone who is necessarily— gone wrong. now i am not someone who is necessarily going to blame the bank _ is necessarily going to blame the bank i_ is necessarily going to blame the bank. i think this will be a matter of debate — bank. i think this will be a matter of debate. he's...
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Aug 20, 2022
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the business secretary, kwasi kwarteng, says more support is coming to help with the cost of living.the conservative leadership frontrunner, liz truss, makes the pledge in tomorrow's mail on sunday. it comes as a new forecast for the energy price cap suggests it could top £6,000 a year from next april. i'm joined by our business correspondent, marc ashdown. marc, longer term predictions always very difficult, but this forecast will worry many? i think ithink so, i think so, remember the price cap is set by the regulator ofjen, the maximum suppliers can charge per unit of energy so built for the average household are currently capped atjust under £2000 per get but these energy consultants now predict the cap could keep rising and reach a high of £6,000 by next april before starting to slowly forward —— set by the regulator 0fgem. this is speculative based on the daily wholesale gas price which is volatile, could go up and down, and april is quite a long while off. this afternoon 0fgem said they never speculate on longer term forecast, their focus is on the current energy price cap, re
the business secretary, kwasi kwarteng, says more support is coming to help with the cost of living.the conservative leadership frontrunner, liz truss, makes the pledge in tomorrow's mail on sunday. it comes as a new forecast for the energy price cap suggests it could top £6,000 a year from next april. i'm joined by our business correspondent, marc ashdown. marc, longer term predictions always very difficult, but this forecast will worry many? i think ithink so, i think so, remember the price...
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Aug 5, 2022
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the business secretary kwasi kwarteng there.e to yael selfin, chief economist for kpmg. she explained what the impact of raising interest rates will be. raising interest rates essentially means that it is more costly for companies to borrow, it is more costly for households to borrow, and whatever debts they have, that would cost them more. it may take a little bit of time because a lot of the mortgages that people have at the moment are at fixed rates, so that would take time. but ultimately, the main way in which the bank of england could influence is raising interest rates, which makes credit more costly, which means that people and companies are likely to spend less — to invest less, in the case of companies, but also to spend less because their costs are rising. and that would slow the growth of the economy. it would potentially make the demand for things weaker. and as a result of that, given that we are going to have more more spare capacity in the economy, that would make the economy less hot, if you like, and therefore
the business secretary kwasi kwarteng there.e to yael selfin, chief economist for kpmg. she explained what the impact of raising interest rates will be. raising interest rates essentially means that it is more costly for companies to borrow, it is more costly for households to borrow, and whatever debts they have, that would cost them more. it may take a little bit of time because a lot of the mortgages that people have at the moment are at fixed rates, so that would take time. but ultimately,...
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Aug 20, 2022
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interestingly, the business secretary kwasi kwarteng has written for the mail on sunday tomorrow andr approaches. millions of families will be concerned about how they will make ends meet but i want to reassure the british people help is coming." he does not go into much detail, he says we will have to wait for the new pm but he is a key liz truss ally, he has been hotly tipped possibly to be our next chancellor. we will know who gets the keys to number ten in the next fortnight. after that, as i say, his will be a pretty high priority. sport, let's get a full roundup, from the bbc sport centre. arsenal have moved to the top of the premier league. a 3—0 win at bournemouth maintained their 100 percent start to the season. arsenal's new captain martin odegaard is clearly enjoying the responsibility — he gave them the lead in the 5th minute after gabriel martinelli's shot was saved. and odegaard made it two just six minutes later — gabrieljesus looked set to shoot but the norwegian nipped in ahead of his team—mate. arsenal should have scored 5 or 6 but it was just the three, this was wi
interestingly, the business secretary kwasi kwarteng has written for the mail on sunday tomorrow andr approaches. millions of families will be concerned about how they will make ends meet but i want to reassure the british people help is coming." he does not go into much detail, he says we will have to wait for the new pm but he is a key liz truss ally, he has been hotly tipped possibly to be our next chancellor. we will know who gets the keys to number ten in the next fortnight. after...
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Aug 23, 2022
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the bbc also understands that the business secretary kwasi kwarteng has not sought advice from government electricity. there are warnings still that older people may be forced to decide between heating or eating this winter as energy bills soar. that warning from age uk comes alongside a forecast from one of the uk's major energy suppliers that half of uk households could find themselves struggling to afford their fuel bills this winter. we have seen a rise in the number of calls from customers that are struggling to pay their bills by 30% since the beginning of this year, so definitely my teams, myself, see every day in fact customers that are struggling and are under the stress at the prospect of paying their bills for the winter. and obviously we are very keen to work with the next prime minister as soon as it will be appointed in order to find a solution, and to assess all the solutions that are on the table. our business correspondent emma simpsonjoins me. another stark warning, and there's so much pressure on people and on the government. the edf boss saying today that without furth
the bbc also understands that the business secretary kwasi kwarteng has not sought advice from government electricity. there are warnings still that older people may be forced to decide between heating or eating this winter as energy bills soar. that warning from age uk comes alongside a forecast from one of the uk's major energy suppliers that half of uk households could find themselves struggling to afford their fuel bills this winter. we have seen a rise in the number of calls from customers...
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Aug 20, 2022
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interestingly, the business secretary kwasi kwarteng has written for the mail on sunday tomorrow andcausing as winter approaches. millions of families will be concerned about how they will be concerned about how they will make ends meet but help is coming. he does not go into much detail, he says we will have to wait for the new pm but he is a key liz truss ally, has been hotly tipped possibly to be our next chancellor. we will know who gets the keys in a fortnight. this will be a pretty high priority. fortnight. this will be a pretty high priority-— the headlines on bbc news... sevastopol, the home of russia's black sea fleet in crimea, appears to have come under drone attack again. more travel disruption on train lines across the uk, as thousands of rail workers strike for the second time in three days over pay and working conditions. michael gove backs rishi sunak to become the next conservative party leader and prime minister, saying he has what thejob requires. he says rival liz truss's tax policies will affect the poorest in society. let's return to today's rail strike. we can
interestingly, the business secretary kwasi kwarteng has written for the mail on sunday tomorrow andcausing as winter approaches. millions of families will be concerned about how they will be concerned about how they will make ends meet but help is coming. he does not go into much detail, he says we will have to wait for the new pm but he is a key liz truss ally, has been hotly tipped possibly to be our next chancellor. we will know who gets the keys in a fortnight. this will be a pretty high...
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Aug 25, 2022
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for the least well off households unless and until she is in downing street to stop that said, kwasi kwartengenergy companies who want to see prices frozen. another of her supporters, nadhim zahawi, the current chancellor, says he doesn't believe it will provide targeted enough support. again, no concrete plans for stop when it comes to rishi sunak, apart from taking vat off energy bills he has said he will give direct payments to people on benefits and pensioners but we don't know exactly how big or small the payments will be until after he sees what the new energy price cap is and we are not clear yet how long we will have to wait to get that level of detail. so there is pressure on both candidates as the cap gets an ounce to —— as the cap gets announced, to show how much they understand about the announcements. more details have been emerging about the shooting in liverpool in which nine—year—old girl 0livia pratt—korbel was killed. police say they've now identified a second man who was walking with the intended target of the attack. they've also told the gunman that they won't rest until
for the least well off households unless and until she is in downing street to stop that said, kwasi kwartengenergy companies who want to see prices frozen. another of her supporters, nadhim zahawi, the current chancellor, says he doesn't believe it will provide targeted enough support. again, no concrete plans for stop when it comes to rishi sunak, apart from taking vat off energy bills he has said he will give direct payments to people on benefits and pensioners but we don't know exactly how...
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Aug 25, 2022
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the other interesting detail is kwasi kwarteng, who stepped in to be her chancellor, has been talkingng it for... so there's all this talk, some of its doesn't seem realistic, some of its doesn't seem realistic, some of its doesn't seem realistic, some of which experts are pooh—poohing, what will be the nitty—gritty of this? because we are in a situation where half of uk families will be plunged into poverty, people will be paying 10% of their income on energy bills on average, where's the emergency plan here? �* ,, ., average, where's the emergency plan here? ,, ., �*, here? and sebastian, it's the devil in the detail, _ here? and sebastian, it's the devil in the detail, we _ here? and sebastian, it's the devil in the detail, we seem _ here? and sebastian, it's the devil in the detail, we seem to - here? and sebastian, it's the devil in the detail, we seem to have - here? and sebastian, it's the devil. in the detail, we seem to have none of that at the moment.— of that at the moment. there's a little more _ of that at the moment. there's a little more detail— of that at the moment. t
the other interesting detail is kwasi kwarteng, who stepped in to be her chancellor, has been talkingng it for... so there's all this talk, some of its doesn't seem realistic, some of its doesn't seem realistic, some of its doesn't seem realistic, some of which experts are pooh—poohing, what will be the nitty—gritty of this? because we are in a situation where half of uk families will be plunged into poverty, people will be paying 10% of their income on energy bills on average, where's the...
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Aug 11, 2022
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energy bosses arrive| shortly to meet with the chancellor nadim zahawi and the business secretary kwasi kwartengting asked if there is anything more they can do to help consumers at the moment. nadim zahawi appreciates that wholesale costs are high for these energy companies but essentially they will be asking if there is a way that they can lower bills. there may be some discussions about the idea of a windfall tax. we know that they are coming in for oil and gas companies. they could theoretically be extended to also apply to electricity generators, but it is not something those in government at the moment are keen on, and even if there was further discussion of that it is likely it will be presented as an option to the next prime minister rather than implemented at the moment because the government are saying decisions, especially to do with tax and spend, are not for an outgoing prime minister to make back for a new prime minister to make. what is likely to happen? rishi sunak has said he wants to give more payments to vulnerable families in the form of energy bill rebates but crucially we d
energy bosses arrive| shortly to meet with the chancellor nadim zahawi and the business secretary kwasi kwartengting asked if there is anything more they can do to help consumers at the moment. nadim zahawi appreciates that wholesale costs are high for these energy companies but essentially they will be asking if there is a way that they can lower bills. there may be some discussions about the idea of a windfall tax. we know that they are coming in for oil and gas companies. they could...
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Aug 11, 2022
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it business secretary, kwasi kwarteng. it sounds _ business secretary, kwasi kwarteng.ts to the most vulnerable households. but crucially, he has not put a figure on that— crucially, he has not put a figure on that yet _ crucially, he has not put a figure on that yet. he wants to see the official— on that yet. he wants to see the official estimates of where the price _ official estimates of where the price couple go. liz trust has talked — price couple go. liz trust has talked about not ruling anything out. talked about not ruling anything out -- — talked about not ruling anything out -- li2— talked about not ruling anything out. —— liz truss. she prefers tax cuts _ out. —— liz truss. she prefers tax cuts rather— out. —— liz truss. she prefers tax cuts rather than as she sees them hand-outs — cuts rather than as she sees them hand—outs. what does that mean for people _ hand—outs. what does that mean for people who — hand—outs. what does that mean for people who already pay little tax or no tax _ people who already pay little tax or no tax at _ people who already pay lit
it business secretary, kwasi kwarteng. it sounds _ business secretary, kwasi kwarteng.ts to the most vulnerable households. but crucially, he has not put a figure on that— crucially, he has not put a figure on that yet _ crucially, he has not put a figure on that yet. he wants to see the official— on that yet. he wants to see the official estimates of where the price _ official estimates of where the price couple go. liz trust has talked — price couple go. liz trust has talked about not...
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Aug 23, 2022
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we also know the business secretary, kwasi kwarteng, has not asked for a business _ kwarteng, has not said that ministers need _ insiders have said that ministers need to— insiders have said that ministers need to be — insiders have said that ministers need to be doing to try and secure our energy— need to be doing to try and secure our energy supplies this winter, and going _ our energy supplies this winter, and going forward too. why this is significant as we have had so much from _ significant as we have had so much from the _ significant as we have had so much from the two candidates who want to be the _ from the two candidates who want to be the next _ from the two candidates who want to be the next prime minister about what _ be the next prime minister about what they— be the next prime minister about what they can do to help support people _ what they can do to help support people with rising energy bills, and what they— people with rising energy bills, and what they might do to try and mitigate _ what they might do to try and mitigate that in the short—term. one of the _ mitig
we also know the business secretary, kwasi kwarteng, has not asked for a business _ kwarteng, has not said that ministers need _ insiders have said that ministers need to— insiders have said that ministers need to be — insiders have said that ministers need to be doing to try and secure our energy— need to be doing to try and secure our energy supplies this winter, and going _ our energy supplies this winter, and going forward too. why this is significant as we have had so much from _...
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Aug 26, 2022
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the dup minister tweeted that the talks with the chancellor and the energy secretary kwasi kwarteng hadthat - place like this? upsetting. scary. and humbling to know that there | place like this? upsetting. scary. l and humbling to know that there is someone that is out here. truth? and humbling to know that there is someone that is out here.- someone that is out here. why did ou ask someone that is out here. why did you ask for — someone that is out here. why did you ask for help? _ someone that is out here. why did you ask for help? because - someone that is out here. why did you ask for help? because i - someone that is out here. why did i you ask for help? because i couldn't afford to get — you ask for help? because i couldn't afford to get any _ you ask for help? because i couldn't afford to get any food, _ you ask for help? because i couldn't afford to get any food, due - you ask for help? because i couldn't afford to get any food, due to - you ask for help? because i couldn't afford to get any food, due to the i afford to get any food, due to the fact of the cost of living. and t
the dup minister tweeted that the talks with the chancellor and the energy secretary kwasi kwarteng hadthat - place like this? upsetting. scary. and humbling to know that there | place like this? upsetting. scary. l and humbling to know that there is someone that is out here. truth? and humbling to know that there is someone that is out here.- someone that is out here. why did ou ask someone that is out here. why did you ask for — someone that is out here. why did you ask for help? _ someone...
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Aug 30, 2022
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as for her team, we can expect kwasi kwartehg — for her team, we can expect kwasi kwarteng to be chancellorrough, the last couple of months when we are living through a cost—of—living crisis, people desperately worried about energy builds, but it does feel like there is no sense of direction and who is in charge and what is going on. have you ever experienced a time like this in your own careers? filth. like this in your own careers? oh, god, i'd like this in your own careers? oh, god. i'd have _ like this in your own careers? oh, god, i'd have to _ like this in your own careers? oh, god, i'd have to say _ like this in your own careers? oh, god, i'd have to say no immediately, i god, i'd have to say no immediately, i have _ god, i'd have to say no immediately, i have always — god, i'd have to say no immediately, i have always had _ god, i'd have to say no immediately, i have always had a _ god, i'd have to say no immediately, i have always had a whole _ god, i'd have to say no immediately, i have always had a whole array- god, i'd have to say no immediately, i have always had a whole array o
as for her team, we can expect kwasi kwartehg — for her team, we can expect kwasi kwarteng to be chancellorrough, the last couple of months when we are living through a cost—of—living crisis, people desperately worried about energy builds, but it does feel like there is no sense of direction and who is in charge and what is going on. have you ever experienced a time like this in your own careers? filth. like this in your own careers? oh, god, i'd like this in your own careers? oh, god....