sector including bricklayers, roofers and carpenters. 0ther sector struggling to recruit including retail and hospitality are disappointed they were not included in that. 0verall disappointed they were not included in that. overall the budget watchdog thinks these measures will boost growth or at least help the economy not shrink so much, but the impact will fade if those investment incentives aren t permanent. another si . nificant incentives aren t permanent. another significant focus incentives aren t permanent. another significant focus was incentives aren t permanent. another significant focus was on incentives aren t permanent. another significant focus was on energy. - the chancellor also announed plans to ensure a quarter of britain s energy will come from nuclear power. they are reclassifiying nuclear energy as environmentally sustainable to drive more investment in the sector. it s already met with some opposition, as our climate editor justin rowlatt reports. nuclear i
and the amount workers and their employers can put in their pension pot tax free every year, will be raised from £40,000 to £60,000. opposition parties say these are tax cuts for the very highly paid. and to further tackle labour shortages, this wasn t in the speech, but immigration rules will be relaxed for some roles in the construction sector, including bricklayers, roofers and carpenters. other sectors struggling to recruit, including retail and hospitality, are disappointed tonight they weren t included. overall, the budget watchdog thinks these measures will help boost growth in the short term but the impact will fade if investment incentives aren t permanent. simon, thank you. another significant focus was on energy as the chancellor announced plans to ensure a quarter of britain s energy will come from nuclear power. they are reclassifying nuclear energy as environmentally sustainable to drive more investment in the sector. it s already met with some opposition, as our clim
the bank of england and 0br, the budget watchdog, think it will happen anyway by itself on current forecasts and no policy intervention. 0n bringing down the debt, that is a current estimate that will happen in 2027 28, well past the next election. growing the economy from when? from here, probably not. because we expect to see the economy shrink in the next year. does he mean get the economy growing at the end of next year after the recession? yes, that s perfectly possible. deliverable, yes. how ambitious, arguable. simon jack, thank you. and you can get more analysis of the prime minister s pledges today, by heading to bbc news 0nline that s bbc.co.uk/news and by using the bbc news app. for months now, the city of bakhmut has been the epicentre of the war in ukraine. the battle there has been one
non domestic users businesses, local authorities, charities, etc, have also had government support with their bills. the budget watchdog estimates that support will cost £18.4 billion by the end of march. so what we do know is that support for business will be significantly lower, from april. today the chancellor said no government can permanently shield businesses from this energy price shock and said the current level of support is unsustainably expensive. itjust so happens that the cost of subsidising business should go down anyway, because energy is much cheaper now than at the height of the crisis. you can see here how far wholesale prices have fallen. that s in recent weeks and months. what we don t know is exactly where prices for businesses will be fixed and whether really heavy energy users industries will get more support than others more detail to come next week. but in those falling prices is a crumb of comfort for domestic bills. under the government s current ene