Vaping products will come in october 2026 and the existing tax on tobacco will increase. The chancellor says thats in order to maintain the financial incentive to choose over smoking. Windfall tax on the profits of energy firms draw will be extended into 2029 even that was previously scheduled to end in 2028. Increase in flight duty for Business Class tickets, non dom tax free dream on People Living overseas and didnt that it will be replaced with new rules from april 2025. Bigger picture the uk economy now. The obr, office of budget responsibility predicts the economy is going to grow and add 1. 9 we are currently on a technical recession. Inflation rate forecast to fall below 2 target this year but the underlying debt. But the underlying debt, excluding Bank Of England debt, is forecast to be 91. 7 of gdp this year, rising to 92. 8 next year. The government also kept a freeze on alcohol duty, there is a lot to chew over and we have tried to bring up to date on the main headlines but
Known as Super Tuesday as millions of People Choose who they want as their preferred president ial candidate. Will vernon reports. Another triumph for trump. The former president cruised to victory on Super Tuesday, securing his position as the unassailable frontrunner in this race. They call it Super Tuesday for a reason. This is a big one. And they tell me, the pundits and otherwise, that theres never been one like this, theres never been anything so conclusive. Officially he hasnt won the nomination yet. But with results like these, total victory seems certain. As expected, President Joe Biden also swept the board in the democrat primaries. Nikki haley was trounced by donald trump. Its not clear whether she will continue her campaign. President ial election day is still eight months away. But Many Americans already seem wary of the campaign, and of an increasingly polarised political climate. We cant hear any other voices but those two now. I mean, nikki haley is still out there and
Well bring you analysis on whether the chancellor has delivered on last years promises. And a rare Northern Lights creates a spectacular display in our night skies. 0n newsnight at 10 30pm, were live in lincolnshire as an audience of voters tell our panel of politicians what matters to them ahead of what may be the last budget before the General Election. Good evening. The United States Supreme Court has ruled unanimously that donald trump can stand as a republican president ial candidate in colorado. Hed originally been struck off the ballot by the states Supreme Court, under a ruling which had held him accountable for the attack on the capitol on the 6th Of January in 2021 by his supporters. Voters in colorado and more than a dozen other states will go to the polls tomorrow in what some commentators call super tuesday, to pick their partys president ial nominee. From washington, gary 0donoghue reports. Nine Supreme Courtjustices, one unanimous decision, clearing the way for donald tr
Government is only talking to a ten own mps and talking into an election. Levelling up funds, £242 million to be spent in canary wharf, one of the most expensive postcodes in the uk. What is that but a bribe towards the election for london may. We are seeing a government in its final throes, we are seeing a government in its finalthroes, is we are seeing a government in its final throes, is on the government emphasising wealthy taff tax breaks for the wealthy and making a real difference to peoples lives. People on low wages were disproportionately dependent on the very Public Services that are being cut at the same time. Services that are being cut at the same Time Services that are being cut at the same time. ,. ,. ,. , same time. You have the powers to initiate two same time. You have the powers to initiate two devolved same time. You have the powers to initiate two devolved taxes, same time. You have the powers to initiate two devolved taxes, its initiate two devolved taxes, its t
British ice are tax Free Allowance to invest in uk listed companies. British isa tax Free Allowance. Moving on to the uk economy. The Office For Budget Responsibility predicts uk economy will grow by 0. 8 this year and 1. 9 next year. The uks Inflation Rate is also forecast to fall below 2 target this year. But the underlying debt, excluding Bank Of England debt, is forecast to be 91. 7 of gdp this year rising to 92. 8 next year. The government also kept a freeze on alcohol duty, which had been due to end in august, which will now continue until february 2025. There will be a new tax on vaping products to start in october 2026, and the existing tax on tobacco will increase. The chancellor says is in order to maintain the financial incentive to choose vaping over smoking. 0n transport and energy, the government has frozen the fuel duty again and kept the 5p cut in fuel duty on petrol and diesel, due to end later this month for another year. A windfall tax on the profits of energy firms,