announced by his predecessor, kwasi kwarteng, in last month s mini budgetjust three weeks ago. in an emergency statement this morning, he abandoned indefinitely the planned ip cut in the basic income tax that was due to come next year. help with energy bills will now only last until next april. instead of for two years, and then that will be reviewed. today, jeremy hunt claimed all of those announcements will save £32 billion a year, but he also warned that there are going to be more difficult decisions ahead on tax and spending to cut government debt. he will be addressing mps in the commons later this afternoon, some time after lipm. before then, there will be an urgent question in there will be an urgent question in the commons asked by sir keir starmer. it will not be liz truss responding to that, it will instead be penny mordaunt. so plenty ahead in the commons. in terms of the market reaction, jeremy hunt said that he had sought to reassure the markets this morning and
good evening. the weather will turn wet and windy tomorrow. at the moment it is pretty clear out there. calm winds and mist and fog forming but the rain and wind is in the forecast for tomorrow afternoon. the weather front sweeping across the country, pushed by a jet stream. we actually need the rain, it has been so dry over the summer, we don t want strong winds which will also arrive with this weather system but the rainfall is not necessarily bad news. here it is approaching north western parts of the uk. these are the gusts of wind we could see in the morning and afternoon, up to 70 mph and it will be a blustery inland as well once this band of rain suites right across the country and here it is moving through england and wales through three o clock in the afternoon. many parts of scotland and northern ireland turned writer with some showers following in behind. the rain will clear away east anglia and the south east by the time we get to midnight and then basically it is
lawyer, it hence the same way. it really is wild to watch it happen over and over again. and so it goes, the will keeps turning, thank you chris as always. and thanks to you at home for joining us this hour. imagine somebody write you a check. you take did the bank, you cash, it deposit, whatever. and then the czech bounces. you didn t write this check, you had no idea that it was not good. up until today, banks across the country could charge you for that transaction. you would get charged a fee for being a victim of a fraud. that s just one of the laundry list of what president biden is calling junk fees, that he announced his administration is going to cut down on. have you ever shown up to the airport and had your flight canceled, and then the airline tries to charge you a fee to rebook you on a new flight? to our place the flight that they canceled? this thing happens. biden today is directing the department of transportation to make rules so that airlines can no lon
check, you take it to the bank, you cash it, deposit, whatever. then that check bounces, no you did not write this check, you had no idea that it was not good, well up until today thanks across the country could charge you for that transaction. you would get charged a fee for being affect him of a fraud. that s just one of the laundry list of what president biden is calling junk fees, that he announced his administration is going to cut down on. have you ever shown up to the airport and had your flight canceled, and then the airline tries to charge you a fee to rebook you on a new flight? to our place the flight that they canceled? this thing happens. biden today is directing the department of transportation to make rules so that airlines can no longer do that. have you ever gotten an internet bill with a cvs receipt sized list of surprised fees tacked on to it? president biden is directing the fcc to make a rule mandating internet service providers to be print transparent in