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
But we know we can make things work better. That is the way well open ultimately get the rising Living Standards we all want to see. You talk about wanting to get that revenue in and increase spending on Public Services, but your u turn, if we can call it that, or this this moment of that green Prosperity Plan just sort of indicates the challenges that all Political Parties face at the moment. Many things like the green Prosperity Plan just cant be costed at the moment. ,. , moment. After the disaster of the liz truss minibudget moment. After the disaster of the liz truss minibudget and moment. After the disaster of the liz truss minibudget and the moment. After the disaster of the j liz truss minibudget and the rise Liz Truss Mini Budget and the rise in Interest Rates, we had to change some of those plans. But our plan remains a fundamental part of our offer. Its our National Fund and four gigabytes energy to work on the front tier, new technologies in the future. Gb gb engery. Any b
a bit more persistent. so, in general the market s expecting maybe one or two more interest rate rises, up to about 5%. the fact we are not in recession probably doesn t change that thinking. the man in charge of the uk s economy has welcomed the rise. here s chancellor of the exchequer, jeremy hunt. these are much better figures than anyone would possibly have predicted even three months ago. that is partly because what the governor of the bank of england said yesterday. measures in the budget that are helping to help companies to recruit and tackle some of the underlying problems in the economy. but there is still much work to do. we still have inflation that is much too high, that is causing a lot of pressure forfamilies up and down the country. that is why we have to stick to our plan to get inflation down, to get growth up, and to get the economy motoring in the way that we all want. the uk remains the only g7 country in which the quarterly measure of gdp has not recover
who s asking what s going on? the government offers this explanation. it s the legacy of covid and it s, of course, what putin is doing. but are ukraine and covid the full story? i think the uk is probably poorer than most people think. the system isn t producing like it should. that is the result - of choices we ve made. this is definitely not what normal looks like. this is what failure looks like. the government rejects talk of failure or decline, and it s true, britain is one of the richest countries in the world, but if that s the case, why do so many people feel so poor? cornwall is home to more than half a million people. it s where i grew up and where my parents still live. these days, cornwall relies on fishing, farming and, most of all, tourism. it s one of the most popular destinations in the country. it s also one of the poorest in the uk. cornish workers are among the uk s lowest paid. with rising food, housing, and energy prices, life has got harder in the last
the general election. disappointment for england as denmark cancel out harry kane s opener with the two countries drawing 1 1 at the euros in frankfurt the actor donald sutherland known for his roles in klute and ordinary people has died aged 88 after a long illness. this is bbc news, hello, i m russ adkins, welcome to the spin room at the university of york, under 30 minutes away from bbc question time leaders special, lots of people rather than in the spin room, some politicians, lots ofjournalists get into roach and respond to the two hours will hear from leaders under question time audience. let me redo some copy coming into the bbc news room that may be of interest. certainly if you re following the election campaign. so the former conservative minister chris skidmore said he would vote labour and is accusing the prime minister rishi sunak of cider with climate deniers, he was on for various measures to tackle climate change. he s accusing the conservatives of extrem