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A Fine Economic Mess in the United Kingdom

Transcripts for BBCNEWS BBC News 20240604 16:38:00

for tax cuts now? sir keir said scrapping the 45p top rate of income tax was wrong. it is hugely risky, it s hugely divisive and i would reverse it. and would you support the government cutting the basic rate of income tax from from 20p down to 19p? yes, i ve long made the argument that we should reduce the tax burden on working people. but not everyone here agrees with all of that and, this morning, labour s mayor for greater manchester, andy burnham, said the basic rate of income tax should be kept where it is. tax is now a major battleground in politics and, this morning, the conservative chancellor suggested he wasn t done yet. there s more to come. we ve only been here 19 days. i want to see, over the next year, people retain more of their income, because i believe that it s the british people that are going to drive this economy. this is a labour party feeling pretty chipper. yes, there are activists and union leaders arguing the leadership should be standing squarely behind

Transcripts for BBCNEWS BBC News 20240604 12:02:00

reverse it. and would you support the gum and reverse it. and would you support the gum and cutting reverse it. and would you support the gum and cutting the - reverse it. and would you support the gum and cutting the basic- reverse it. and would you support| the gum and cutting the basic rate of income the gum and cutting the basic rate of income tax from 1020 from 20p to 19p? of income tax from 1020 from 20p to 19 - ? , ., ., ., to 19p? yes, i have long made the araument to 19p? yes, i have long made the argument we to 19p? yes, i have long made the argument we should to 19p? yes, i have long made the argument we should reduce - to 19p? yes, i have long made the argument we should reduce the i to 19p? yes, i have long made the| argument we should reduce the tax burden on working people. but argument we should reduce the tax burden on working people.- burden on working people. but not eve one burden on working people. but not everyone here burden on working people.

Kwarteng dramatically cuts tax, and rolls the dice on growth

Kwarteng dramatically cuts tax, and rolls the dice on growth
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