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Added on the 28/07/2015 13:40:44 - Copyright : Reuters EN
Pay in Britain is growing more slowly than expected, suggesting the Bank of England will take longer to raise interest rates from their record lows. David Pollard reports.
During a speech delivered to the press in London's Downing Street briefing room, British Prime Minister Rishi Sunak announces the push back of the ban on the sale of petrol and diesel cars from 2030 to 2035. "We're going to ease the transition to electric vehicles. You'll still be able to buy petrol and diesel cars and vans until 2035.", he states. The announcement comes as the UK softens its policies initially aimed at achieving net zero carbon emissions by 2050. IMAGES
British Prime Minister Liz Truss insists she would push ahead with her contentious programme to boost sluggish economic growth, despite market turbulence and sacking her finance minister. Truss says she is "absolutely determined to see through what I have promised to deliver, a higher growth, more prosperous United Kingdom", even after being forced to climb down on key parts of the plan. SOUNDBITE
After being elected leader of the Conservative party and Prime Minister of the United Kingdom, Liz Truss vows to deliver a "bold plan" for the country centred on tax cuts and economic growth. The foreign secretary beat her rival, former finance minister Rishi Sunak, by 81,326 votes to 60,399, after a summer-long internal contest sparked by Boris Johnson's resignation in July. SOUNDBITE
Speaking to reporters in Scotland, British Prime Minister Boris Johnson urges Russian President Vladimir Putin to step back from "the edge of a precipice", warning that an invasion of Ukraine could be "disastrous for Russia". SOUNDBITE
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