are the biggest tax cutting budget in half a century. we ll find out what the changes mean for households. also this lunchtime: four russian occupied areas of ukraine are voting on whether to become part of russia in what the west sees as a move by moscow to annex the regions. a court has been shown distressing video footage about suicide and self harm that the schoolgirl molly russell viewed before she took her own life. and the multi award winning novelist dame hilary mantel, best known for her wolf hall trilogy, has died aged 70. coming up on the bbc news channel, can england rediscover theirform again? italy awaits tonight before germany on monday, with gareth southgate hoping to avoid the disappointment of relegation in the nations league. good afternoon and welcome to the bbc news at one. in a massive shake up of the uk s finances, the chancellor, kwasi kwarteng, has outlined a series of tax cuts and spending commitments that will cost £45 billion by 2027. the independ
plan is a dangerous risk. the prime minister and chancellor plan is a dangerous risk. the prime minister and chancellor are - plan is a dangerous risk. the prime minister and chancellor are like - plan is a dangerous risk. the prime | minister and chancellor are like two desperate minister and chancellor are like two desperate gamblers in a casino chasing desperate gamblers in a casino chasing a desperate gamblers in a casino chasing a losing run. for people ara- linu chasing a losing run. for people grappling with chasing a losing run. for people grappling with the chasing a losing run. for people grappling with the soaring - chasing a losing run. for people. grappling with the soaring cost of living, what do they make of the chancellors announcement? yes. living, what do they make of the chancellors announcement? yes, i m not auoin chancellors announcement? yes, i m not going to chancellors announcement? yes, i m not going to pay chancellors announcement? ye
ukrainian people and they should continue to have our support for as long as it takes. fix, continue to have our support for as long as it takes. long as it takes. a few weeks ago, the world cringed long as it takes. a few weeks ago, the world cringed at long as it takes. a few weeks ago, the world cringed at the long as it takes. a few weeks ago, the world cringed at the prime - the world cringed at the prime minister s fawning welcome for elon musk and this time, they are fleeing his platform on the latest vile outburst. what exactly is the prime minister thinking he might learn from an unelected super rich individual who had taken over a once successful organisation and plunged it into a death spiral? mr successful organisation and plunged it into a death spiral? it into a death spiral? mr speaker, it s a striking. it into a death spiral? mr speaker, it s a striking. from it into a death spiral? mr speaker, it s a striking. from the - it s a striking. from the
the chancellor says we ve turned a corner, but is the uk now in a cul de sac? i now call the chancellor to make the autumn statement, jeremy hunt. jeremy hunt trumpets a two percentage point cut in national insurance, and an almost 2% rise in the living wage, but the uk tax burden is still the heaviest since world war ii, and growth forecasts are down, so will the cost of living crisis still be a cost of living crisis next year and the year after? nick s been out gauging reaction injeremy hunt s patch. ijust i just worry that this is a government that is running out of good ideas. government that is running out of good ideas- government that is running out of aood ideas. , ., ., , , good ideas. they are doing the best the can good ideas. they are doing the best they can under good ideas. they are doing the best they can under the good ideas. they are doing the best they can under the circumstances. l they can under the circumstances. they they can under the circumstanc
good evening from hull. we are at the streetlife museum, which celebrates this great port city s economy and transport. we ve been listening here to the chancellorjeremy hunt in his autumn statement unveiling his tax and spending plans for the year ahead including measures affecting the take home pay and household budgets of millions of people. we ll hear from our political editor chris mason and our economics editor faisal islam, and our cost of living correspondent colletta smith is here in hull with me. but first, let s look at some of the measures announced. there ll be tax cuts including a cut in national insurance from 12% to 10% for 27 million people. the state pension will increase by 8.5%, and universal credit and disability benefits will rise by 6.7%. but those on welfare must take a work placement if they are still looking for a job after 18 months or risk losing their benefits. and the overall picture for growth is gloomy the independent watchdog, the obr,