instability and rising mortgage rates for some time to come. downing street says the prime minister is now focussed on ensuring economic stability, but with most of her plans now ripped up, we ll be asking whether liz truss can survive, and getting reaction from voters. also this lunchtime the head of the metropolitan police says hundreds of his officers should have been sacked for gross misconduct. civilians rescued in the ukrainian capital after an attack by russian kamikaze drones. and against the odds, scotland s cricketers beat the west indies in one of their greatest ever victories. and coming up on the bbc news channel scotland have made a winning start to their t20 world cup campaign with a shock defeat of the west indies in australia. good afternoon. the new chancellor, jeremy hunt, has scrapped almost all of the key measures in last month s controversial mini budget, in the latest in a series of government u turns. in an emergency statement, aimed at reassurin
government s in panic. the country will pay a lasting price for putting is through this ideological experiment and will pay a lasting price through economic instability and rising mortgage rates for some time to come. and in other news. the head of the metropolitan police says hundreds of his officers should have been sacked for gross misconduct. civilians rescued in the ukrainian capital after an attack by russian kamikaze drones. scotland s first minister nicola sturgeon has set out her economic argument for leaving the uk, including plans move to a scottish currency when the time is right . the new chancellor, jeremy hunt, has scrapped almost all of the key measures in last month s controversial mini budget, in the latest in a series of government u turns. in an emergency statement, he abandoned indefinitely the planned 1p cut in the basic rate of income tax, that had been due to come in next year. help with energy bills will now only last until next april instead of for
a new approach that will cost the taxpayer significantly less than planned. the mini budget was delivered by the previous chancellor, kwasi kwarteng, on the 23rd of september. it started unravelling on the 3rd of october when the government backtracked on cutting the 45p rate of tax. then on friday the 14th of october, the previous chancellor was sacked and a pledge not to raise corporation tax, too. then today the income tax cuts stopped indefinitely two year promise on energy bills now and were guaranteed until april. what remains of the plans, the cut to national insurance and stamp duty. the most important objective for our country right now is stability. governments cannot eliminate volatility in markets, but they can play their part, and we will do so, because instability affects the prices of things in shops, the cost of mortgages, and the values of pensions. outside parliament, opposition
until economic circumstances allow for it to be until economic circumstances allow for it to be cut. i am announcing today for it to be cut. i am announcing today a for it to be cut. i am announcing today a treasury led review into how we support today a treasury led review into how we support energy bills beyond april next yeah we support energy bills beyond april next year. the objective is to design next year. the objective is to design a next year. the objective is to design a new approach that will cost the taxpayer significantly less than planned~ the taxpayer significantly less than planned. the the taxpayer significantly less than lanned. ., , planned. the mini budget was delivered by planned. the mini budget was delivered by the planned. the mini budget was delivered by the previous - delivered by the previous chancellor, kwasi kwarteng, on the 23rd of september. it started unravelling on the 3rd of october when the government backtracked on cutting the 45
i am announcing today a treasury led review into how we support energy bills beyond april next year. the objective is to design a new approach that will cost the taxpayer significantly less than planned. the mini budget was delivered by the previous chancellor, kwasi kwarteng, on the 23rd of september. it started unravelling on the 3rd of october when the government backtracked on cutting the 45p top rate of tax. then on friday the 14th of october, the previous chancellor was sacked and a pledge not to raise corporation tax, too. then today the income tax cuts stopped indefinitely two year promise on energy bills now and were guaranteed until april. what remains of the plans, the cut to national insurance and stamp duty. the most important objective for our country right now is stability. governments cannot eliminate volatility in markets, but they can play their part, and we will do so,