Will save the average worker about £75. But is that the budget rabbit that conservative backbenchers were after . The answer plainly is no, but the truth is, there was simply not enough money to deliver the cut in income tax they had demanded. After the measures announced today, the Office For Budget Responsibility estimated the chancellor has just £8. 9 billion of headroom left, down from the 13 billion he had in the autumn statement. That the second smallest on record, yet the chancellor gave us a relatively optimistic view of the economy, after covid, a war in europe, and the damage inflicted on the british economy economy this, he said, was a budget for long term growth. Todays obr forecast also shows that we have made Good Progress on the Prime Ministers three economic priorities. Compared to when the three pledges were made, inflation has halved, debt is falling in line with our fiscal rules, and growth is fully 1. 5 Percentage Points higher than predicted. Clamouring. And as g
Announcements from the budget starting with tax. The chancellor has announced that National Insurance will be cut by another 2p. He says the cut which will begin next month is worth £450 a year for each worker. Mr hunt also announced. 0n taxes there will be a new tax on vaping products that will start in october 2026. The chancellor says thatis october 2026. The chancellor says that is to maintain the financial incentive to choose vaping over smoking. The chancellor finished his statement by Attacking Labour for the economy. We statement by Attacking Labour for the economy the economy. We today put this country back the economy. We today put this country back on the economy. We today put this country back on the the economy. We today put this country back on the path the economy. We today put this country back on the path to the economy. We today put this | country back on the path to lower taxes. Allowed to grow the economy versus no plan. A plan to Better Public Services versus no p
The announcement of the £325 million package was made by defence secretary grant shapps during a visit to kyiv. The formula one team, red bull, has suspended a woman who accused the Team Principal of inappropriate and controlling behaviour. Christian horner denies the allegations, and red bulls board dismissed the complaint after an internal investigation. Welcome to the programme. A live shot of the Capitol Building in washington Wherejoe Biden will walk out, for what promises to be one of the most important speeches of his career. Tens of millions will be tuned into this state of the Union Address, paying close attention not just to what he says but how he delivers it. 73 of registered voters thinkjoe biden is too old to serve a second term. His average Approval Rating is 38 , the lowest mark in his presidency. This, then, a golden opportunity for biden to turn these numbers around. A chance to make the case for his policies, and who knows, maybe even a moment to make some president
Where the eyes of Tens Of Millions of americans will be trained, in just a few hours time, for the annual State Of The Union address. It could be one of the most important Speechesjoe Biden delivers this year. The concerns about the president s age have intensified in recent months. His average Approval Rating is 38 the lowest mark in his presidency. He is facing a host of International Crises and domestic challenges. So its notjust what he says tonight it is how he delivers it. The white house recognises the significance. They have been rehearsing for days because they know that, right now, the election is a coin flip, and this is a valuable opportunity for President Biden to stake his case to four more years. We are told that in this speech tonight, President Biden will announce to congress that he has ordered the us military to build a Temporary Port in gaza to help with the transfer of humanitarian aid from cyprus. The pontoon on gazas mediterranean coast, which you would think wou