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Transcripts for BBCNEWS BBC News 20240604 11:02:00

since being appointed, jeremy hunt told the bbc ministers had made mistakes when they announced plans to slash taxes without setting out how it would be paid for. in the three weeks since, the cost of borrowing money rose, both for the public and for the government. mr hunt said every government department would have to come up with savings. answering prime minister s questions this week, liz truss had suggested that public spending would continue to rise. there were some mistakes made in the last few weeks, that is why i am sitting here. it was a mistake to cut the top rate of tax when we are asking everyone to make sacrifices. it was a mistake to fly blind and not to back up the economic plans that were announced with an independent forecast from the office for budget responsibility. those things have been addressed. we need growth with stability, create the stability that will allow long term growth to happen. we will have to make difficult decisions on spending.

Transcripts for BBCNEWS BBC News 20240604 10:27:00

think what the government has been doing and why you have seen a team see nadhim zahawi in the us is making sure that all the options are therefore the new primary set to assess very quickly alongside their own plans that they will have been drawing up in the course of the contessa that they can t get those plans out there as quick is possible prime minister. ultimately, it would be wrong for someone to pre empt or to tie the hands of that future prime minister who as i say is less than a week away from from being appointed. the is less than a week away from from being appointed. is less than a week away from from being appointed. the next time ou walk from being appointed. the next time you walk into from being appointed. the next time you walk into a from being appointed. the next time you walk into a pub from being appointed. the next time you walk into a pub and from being appointed. the next time you walk into a pub and they - from being appointed. the next t

Transcripts for BBCNEWS BBC News 20240604 15:10:00

or saying those things in the media, would you have expected to have heard a plan before now, even though clearly the new prime minister were a few days still away from that new prime minister being appointed, would you have expected the government to have set out a plan already given the scale of the crisis? yeah, i think it should have been done months ago. i mean, this has been in the media for months and months on end, doesn t it? and we were expecting the price increase and then obviously the next price increase again injanuary. so plans needed to have been made well in advance of this date. but unfortunately, that s not happened. and people are getting worried and stressed about their own their own set of circumstances, aren t there? joshua emden is from the centre left think tank, the institute for public policy research. he gave me his thoughts on what support should be offered. i think the government understands that there is a crisis, but at the moment its response is in no w

Transcripts for BBCNEWS BBC News 20240604 17:09:00

as a single income household, it s really challenging. are you encouraged to hear what the chancellor has said today, that people on middle incomes like yourself should be included in support, even if you haven t heard precisely what that support is? i think it s good that obviously that consideration is being made, but we d have to see what that looks like in black and white, wouldn t we, because, you know, it s got to be in policy than talking about it. rather than just talking about it or saying those things in the media. would you have expected to have heard a plan before now, even though clearly we re a few days still away from that new prime minister being appointed, would you have expected the government to have set out a plan already, given the scale of the crisis? yeah, i think it should have been done months ago. i mean, this has been in the media for months and months on end, hasn t it? and we were expecting the price increase and then obviously the next price increase again

Transcripts for BBCNEWS BBC News 20240604 16:09:00

as a single income household, it s really challenging. are you encouraged to hear what the chancellor has said today, that people on middle incomes like yourself should be included in support, even if you haven t heard precisely what that support is? i think it s good that obviously that consideration is being made, but we d have to see what that looks like in black and white, wouldn t we, because, you know, it s got to be in policy than talking about it. rather than just talking about it or saying those things in the media. would you have expected to have heard a plan before now, even though clearly we re a few days still away from that new prime minister being appointed, would you have expected the government to have set out a plan already, given the scale of the crisis? yeah, i think it should have been done months ago. i mean, this has been in the media for months and months on end, hasn t it? and we were expecting the price increase and then obviously the next price increase again

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