impact all members. 1&5 chilled food distribution which will impact all members. chilled food distribution which will impact all members. as you say, you not the impact all members. as you say, you got the fuel impact all members. as you say, you got the fuel duty impact all members. as you say, you got the fuel duty cut, impact all members. as you say, you got the fuel duty cut, it impact all members. as you say, you got the fuel duty cut, it is impact all members. as you say, you got the fuel duty cut, it is 5p - impact all members. as you say, you got the fuel duty cut, it is 5p a - got the fuel duty cut, it is 5p a litre but given how much petrol and diesel has gone up so much of late and is likely to again, how significant is the impact of that cut really going to be? exactly, lets say it cut really going to be? exactly, lets say it is cut really going to be? exactly, lets say it is welcome, - cut really going to be? exactly, lets say it is welcome, to - cut really g
than we had before the pandemic. unemployment back to record low levels that doesn t happen by accident. that happens because of the policy to be put in place. it s because of that that we cannot help people to whether some of the challenges. of course as i ve said we can t solve every problem and that s the toughest part of this job not being able to do everything that people want you to do. where i can make a difference of course that s what i m doing. again you talk about his family. obviously i can t get it to everyone s individual circumstances i do think families will benefit will benefit from the fuel duty cut announced yesterday. many people aren t that will help millions of people tens of millions of people will benefit from the increase in the threshold. that will save people 330 pounds a year. they will benefit from the increase of the national living wage. they ll benefit from the increased generosity of the university though benefit from the extra money to help those
that will come in at the beginning of april. this is billions of pounds worth of support. but the chance of having another 50 billion to play with, the idea that he kept some back he s. already talking about income tax hudson two years time. he was very defensive, saying, look i can t help every single person. we ve had an unprecedented pandemic, but people should have enough to get by. i thought, when you put him the case of someone who s on a fixed income, on benefits, will not have any help. with massively rising bells. he said they may benefit from the fuel duty cut. i think that is a criticism that is coming the chancellors way for at the moment. isn t enough? and many conservatives are saying privately, will think he ll have to step in again either in the october budget or before. a lot of people just don t drive cars today? we also asked him about russia, the prime minister saying more needs to be done to stop vladimir putin today. indeed.
the rise to national insurance in april, the government arguing this would only benefit higher earners more. but i understand one option under consideration is whether the threshold where people start paying certain taxes could be tweaked to help lower earners. some tory mps want him to cut fuel duty to help motorists and businesses. government insiders have suggested the door to further intervention on fuel prices is not necessarily shut. labour say it would support a fuel duty cut, but say this would not go far enough. what is needed is a windfall tax on the big profits being made by the north sea oil and gas companies right now and using that money to take money off people s domestic gas and electricity bills, because everybody pays a gas and electricity bill. treasury sources have downplayed speculation of any big spending announcements but some personal finance experts say the chancellor must consider the sacrifices people are making. the chancellor is asking us to suck in what is
enough to help households facing soaring energy costs and rising bills due to increasing inflation. rishi sunak insisted he d taken action to help people by cutting fuel duty and raising the income threshold for national insurance contributions. our political correspondent ione wells has more. tightening his grip on the cost of living squeeze. that was the hope of the chancellor at yesterday s spring statement. he announced a fuel duty cut of 5p per litre, said an income tax cut would come in 2024, and raised the threshold at which people start paying national insurance. that same tax is going up in april, but the chancellor sold this as a tax cut. it s the biggest personal tax cut in a decade. it means a typical worker will be over £330 better off as a result of our policies. 70% of workers will pay less tax, even accounting for the new levy. the office for budget responsibility framed it differently.