Hello there, welcome to newcastle, on the Dayjeremy Hunt delivered his budget, in what is almost certainly, a general election year. Were on the citys Iconic Quayside Overlooking the magnificent river tyne, an area steeped in industrial history, and weve been gauging reaction, to the chancellors plans. Among todays annoucements, the government is to cut National Insurance, by 2p in the pound for employees and the Self Employed. Full Child Benefits will be paid to households, where the highest earning parent, is getting up to £60,000. The current limit is £50,000. And, the non dom tax regime, for uk residents whose permanent home is overseas, is to be replaced with new rules, from april next year. Well, the office for budget responsibility, says the average tax payer, is going to pay more in the coming years. It predicts 37 pence of every pound will go in tax by 2029, which would be the highest level since 1948. While the government says public spending on some services will rise by 1
we ll analyze his budget and then we ll get to work on our budget. but unfortunately with the president being so far delayed, delays others in the process. speaker kevin mccarthy doesn t have a budget proposal ready, and according to him it s president biden s fault. this comes as the president is breaking with tradition and hitting the road to unveil his spending plan. also ahead, the ceo of norfolk southern will be on capitol hill today to testify before a senate panel. we ll have a preview of that hearing. plus we re going to get a live update from ukraine following a string of deadly missile strikes overnight. good morning, and welcome to way too early on this thursday, march 9th. thanks for starting your day with us. senate minority leader mitch mcconnell has been hospitalized after falling at a washington, d.c. hotel last night. according fooa spokesperson mcconnell who is 81 years old tripped during a private dinner. he was admitted to the hospital where he s
sometimes there is an economic crisis because of all the events that cannot be predicted. this is self inflicted in downing street with backbenchers last week. humiliated, abused and isolated for weeks patients put at risk due to a toxic culture at one of the uk s biggest mental health hospitals, bbc panorama reveals. health officials are urging those eligible to get their flu jabs and covid boosters. experts have warned of a big, and early wave of the flu this autumn. millions of people in florida preparing for life threatening storms and there will be high winds and flooding at hurricane ian approaching. the bank of england has stepped in to prop up the government bond market, after uk interest rates soared, and gilts tumbled, following the government s mini budget. the bank warned the market s reaction to the government s measures now represented a material risk to uk financial stability . it says the market for gilts, in which the british government borrows, has beco
sport now time to cross tol sarah with the sport. departing coach kristian woolf says his st helens side are the best team of the superleague era. they beat leeds rhinos by 2a points to 12 to make it a record four grand final titles in a row. watching at old trafford for us was adam wild. the walk to old trafford one of rugby league s most prized journeys. leeds fans perhaps hadn t expected to get here this year. st helens fans well, they expect nothing less. three titles in three years lifting trophies, they ve had plenty of practice. and on the greatest stage, the biggest atmosphere experience counts plenty. saints through in an instant. matty lees with the game s opening score. leeds clinging on by theirfingertips. with theirs, saints were pressing further in front. john bennison touching down control. leeds now desperate for a way back, but with all routes appearing blocked, the story of the first half ending with a twist. the fightback? well, there is a reason
In the Interim Budget 2024, India s Finance Minister Nirmala Sitharaman announced fiscally strict measures, resisting populist actions before the upcoming General Elections. Lower borrowing, increased capital expenditure, and anti-inflationary measures are expected to pave the way for rate cuts, providing relief to the common man, particularly in the housing sector.