Good evening. The chancellor has been putting his final touches to his budget as he prepares to unveil it tomorrow it could well be the last one before the General Election. What is now expected is a 2p cut to National Insurance and another freeze on fuel duty. But could jeremy hunt go even further . Our Political Editor chris mason is here with his thoughts but before we hear from Chris Our Economics Editor Faisal Islam has been weighing up how much room for Manoevre The Chancellor has. The chancellor is hoping to use his Big Red Box Moment tomorrow to declare a definitive economic Turning Point after years of crisis and shocks. Certainly the path and forecast for Inflation Looks like that. Look at this inflation is falling back from its Energy Shock Highs towards the Bank Of England target. On the other hand, its a little tricky to talk about a Turning Point when as you see here, the economy just started shrinkng at the end of last year you can see a shallow recession, but one noneth
Details here on breakfast. Its sunday 3 march. Our top story The Chancellor, jeremy hunt, has tried to play down expectations about tax cuts in wednesdays budget, telling the Sunday Telegraph he has to act responsibly. With three days to go until mr hunt lays out his plans, the treasury says measures worth millions of pounds will be introduced to boost productivity in the public sector. Here is our Political Correspondent hannah miller. Police drones that can assess Road Traffic Accidents one solution chosen by The Chancellor as he takes an overview of the economy that doesnt make easy reading. But jeremy hunt says £800 million worth of Technology Like this will help to make police and hospitals more efficient and save almost £2 billion in five years it was time. Five years time. At a time when he has less money to play with them he would have hoped for, he is weighing up would have hoped for, he is weighing up what he can do to win votes. The chancellor is under pressure to make tax
to clear. elsewhere on thursday it has a bright day, sunshine, one or two showers, a breeze in western scotland and fresher for all areas, the high teens and low 20s. closer to the seasonal norm. friday, a rather cloudy day with outbreaks of rain, most in the north and west. the weekend is brighter but most of the showers in the north and west and warmer and brighter in the south and warmer and brighter in the south and east. thanks, stav. and that s bbc news at ten theres more analysis and that s bbc news at ten. newsnight with victoria derbyshire which isjust getting under way on bbc two the news continues here on bbc one as now its time to join our colleagues across the nations and regions for the news where you are. but from the ten team, it s goodnight. 11 million people are estimated to be experiencing food insecurity in the uk. why? tomorrow the chancellor will summon the five economic regulators in the uk to try to force down prices for consumers. tonight new figures
commons. time for a look at the business news now. we start with the unfolding crisis in the red sea and concerns that the continued attacks on cargo ships by yemen s houthi rebels will affect developing countries the hardest. that s the warning from the world trade organization. today the us has launched a fourth round of airstrikes against the rebels the us military said it targeted missiles that could be intended for attacks on ships. as vessels divert to longer and more costly routes that avoid the red sea, supply chains have been disrupted and economists have warned it could add to inflation. the wto s director general, dr ngozi 0konjo iweala, has been speaking to our economic editor faisal islam at the world economic forum in switzerland. iamjoined i am joined here by the director general of the world trade organization. thank you forjoining 0rganization. thank you forjoining the bbc. 0bviously people are concerned about the fluidity of trade given this big geopolitic
meanwhile, president vladimir zelenskyy announcing ukraine s long anticipated spring counteroffensive is underway to be back vladimir putin s illegal invasion. welcome to fox news live. arthel: hello, president zelenskyy hosted canadian prime minister justin trudeau whose on an unannounced trip to kiev saying canada is giving ukraine $500 million in military aid. president zelenskyy conferences force are taking action against the russian invasion and says his top commanders are in, quote, positive mindset as their soldiers intensify the fight on the front lines. eric: our correspondent greg palcott is live in kiev. reporter: there was support from abroad today. we heard from ukrainian president zelenskyy confirmation that the counteroffensive is on, happening on a 600 mile front line, trying to clawback losses after months of bloodshed and breakthrough russian defenses south of here to split enemy hill grounded. in action now, american fighting vehicles, german leopard tank