It looks like hes going to concentrate more on the households rather than on businesses. And therefore, there are two major taxes that he could hope for, one is income tax and the other one is National Insurance contribution. Income tax is a broader tax and it would cost him more money, whereas National Insurance contribution focuses on people at work and will cost him a little bit less. Yeah, i mean having a bit less money to play with, i suppose, do you think perhaps that might give us a clearer sense of the conservative priorities here . Obviously, we know there might be an election coming. Its actually who that money goes to, where to target votes, maybe. That is a very good question because it does look like they are going to target consumers or households rather than businesses. Whereas if you look at what the priorities are in terms of raising growth potential, you do want to improve and get Business Investment growing faster. So that is really a very big question as to where th
The details. How they could this be . The eu has been very clear it didnt want to give apple the equivalent of a Parking Ticket although that said, apples earnings last year were not too far off hundred billion, it is big but apple can afford it. It all stands from a complaint brought by its butterfly back in 2019. They were essentially unhappy with apples rules that stop them other ways to pay. Spotter five. Apples rules that stop them other ways to pay. Spotterfive. The Eu Commission said that apple had behaving in an uncompetitive way for ten years and that what they were saying had essentially cost consumers in terms of higher bills for their music. Apple responded strongly, they accuse them of getting their facts wrong and they said they would be appealing. What said they would be appealing. What kind of impact said they would be appealing. What kind of impact could said they would be appealing. What kind of impact could this have the streamers, music streamers, this could open th
Not in line. What the bank is doing is looking back at inflation, but forward at what this Rate Decision may influence in terms of behaviour. I think, from last Bank Of England became, where they moved a 50 basis points, that was taken as a really big jump in rates. Since that decision, we have seen some improvement in inflation numbers. There were still some calming for a 50 basis point change, but i think that this was more of the consensus. As you say, the balance between trying to get inflation under control, because lets not forget, that also makes people poorer in the long run, and also, making sure that there is not too much damage done to there is not too much damage done to the economy is a Balancing Act that they have to play. And, if you watch some of the comments Andrew Bailey made after the meeting, there were some pretty negative outlook in terms of gdp and the general gross scenario for the uk. Scenario for the uk. And, a fine line in terms scenario for the uk. And, a fi
it s eight in the morning in singapore, and 3am in baghdad which has been struck by a us drone attack which killed a senior leader of an armed pro iran group. three people were killed in the attack, including a commander of the group that us officials say was behind recent attacks on us bases in iraq and syria. this was the scene in baghdad earlier tonight. angry crowds surrounded the burnt out vehicle chanting america is the biggest devil . our senior international correspondent orla guerin is in baghdad for us tonight she tried to get close to the scene of this attack. this was a high profile strike inside the capital. it happened at 930 at night to local time there were distinct explosions that were audible from our hotel we reached the scene very quickly. an angry crowd had gathered around the charred wreckage of the car which had been hit we know a drone strike a powerful pro iranian official. with the attack in jordan that killed three service personnel. they were