chancellor of the exchequerjeremy hunt has described his autumn budget statement. 27 million workers will see their main national insurance contributions cut from 12% to 10% from january. and a tax break for companies that invest in new equipment will be made permanent, which mr hunt claims is the biggest business tax cut in modern history . also announced the news that from april, universal credit and disability benefits will go up by 6.7 percent. but those on welfare will have to take a work placement within 18 months or risk losing their benefits. the state pension will go up by 8.5% to 221 pounds 20 a week. the minimum wage for those aged 21 and older will go up to 11 pounds 44 an hour. pouring some cold water on all this however, a report out from the uk s independent spending watchdog, the office for budget responsibility. it warns that despite the new cuts, overall tax as a percentage of national income will soon be the highest since the second world war. here s our p
coming on to talk about say possibly a few days. we will be coming on to talk about later- say possibly a few days. we will be coming on to talk about later in - say possibly a few days. we will be | coming on to talk about later in the year, september, second lockdown and so on. the premise of my question so far has been that there was going to be a lockdown in march or thereabouts, it was just a question of when it happened and could it have been imposed earlier. adopting the same hindsight approach, do you think that in fact that first lockdown might have been avoided altogether had things been done differently? i altogether had things been done differentl ? ~ . altogether had things been done differentl ? ,, . ., differently? i think that if we had had a sealed. differently? i think that if we had had a scaled, test, differently? i think that if we had had a scaled, test, trace - differently? i think that if we had had a scaled, test, trace and - had a scaled, test,
on duty, as people from people from across the uk come to the capital. it comes as downing street says the prime minister has full confidence in home secretary suella braverman after growing calls to sack her over an article accusing the police of bias. 0ur deputy political editor vicki young has more. at 11am tomorrow morning, crowds will gather here to mark the end of the first world war. later, in another part of london, tens of thousands will take to the streets, calling for a ceasefire in an ongoing conflict in the middle east. a political row has erupted about the policing of these two events. scotland yard says a huge security operation is under way, far greater and more complex than previous years . we do have intelligence that there will be people coming for a counterprotest, and the police s job this weekend is to keep everybody safe, whether exercising their right to protest, whether coming down to counterprotest, but particularly for those veterans and our really
Forwards, and it is a Bigger Picture than just pay, i forwards, and it is a Bigger Picture thanjust pay, i think. Forwards, and it is a Bigger Picture thanjust pay, ithink. Lets forwards, and it is a Bigger Picture thanjust pay, i think. Lets go forwards, and it is a Bigger Picture than just pay, i think. Lets go to the telegraph and our story here is the telegraph and our story here is the cabinet flipped over austerity, oh, my goodness, austerity, Here We Go Again again, it is another story we will get for the next few years. Splits in the cabinet as the big beasts jostle for position and jostle for money as well. It looks like the i jostle for money as well. It looks like the 1 Public Sector pay cap will get bust. It is a question of when and who benefits politically. This is a really interesting story, both because it is about austerity which will come back again and again, but also this is one of the first issues which the new cabinet of the new parliament has really argued over,