the economy with the biggest tax cuts in four decades. at spitalfields market in east london, they are taking stock of a mini budget that s ignored a massive shift in political direction. what do you make of moves like reversing the national insurance rise? will that help, do you think? i think it probably will help. to a degree. but it depends what bracket you are in in terms of income. yeah, i think it will help. i mean, it does not even touch the sides. i don t know. we will see. there is a lot to take in. the treasury is cutting the basic rate of income tax from 20p to 19p from april next year. it is abolishing the 45p top tax rate for people who earn over £150,000, as well as reversing the national insurance rise from november, and cancelling a corporation tax rise planned for next year. stamp duty will be scrapped below £250,000. the government will borrow to fund it. £231; billion this year. there is criticism from opposition politicians that those with the most are
protests continue in iran. police have arrested more than 700 people at least 35 people have been killed. world powers condemn the self styled referendums being held in parts of ukraine on whether to join russia. good evening and welcome to bbc news. the labour leader, sir keir starmer, has arrived in liverpool ahead of the start of the party s annual conference. he s condemned the package of tax cuts unveiled yesterday, by the chancellor calling them tory casino economics , which he says are gambling with the finances of every family in the country. the government insists its package of measures, including scrapping the top rate of income tax, will help kickstart economic growth. here s our political correspondent, iain watson. labour has been out of power for more than a decade but they now believe their political fortunes could be turning around. just as their party conference gets under way, liz truss has made the political dividing lines with the opposition far
bannon s change of heart, his trial will go on. also late today, what we learned about tomorrow s january 6th hearing who will testify now? and the other key witness we re expected to hear from. rachel scott with new reporting. the war in ukraine. and tonight, the white house now warning it believes iran is getting ready to help russia. what they re expected to send to fight the ukrainians. james longman standing by, reporting from ukraine. japan in mourning over the assassination of former prime minister shinzo abe. and what we ve now learned tonight about the alleged gunman. bob wood. dick: is there. here at home tonight, the urgent manhunt under way for the armed suspect wanted for shootings at several 7-elevens today. elon musk terminating his deal to buy twitter. what musk said about it all. and american strong tonight. the plane stuck on the tarmac and the spontaneous performance. you have to see this. good evening and it s great to be back with all of you