government s in panic. the country will pay a lasting price for putting is through this ideological experiment and will pay a lasting price through economic instability and rising mortgage rates for some time to come. and in other news. the head of the metropolitan police says hundreds of his officers should have been sacked for gross misconduct. civilians rescued in the ukrainian capital after an attack by russian kamikaze drones. scotland s first minister nicola sturgeon has set out her economic argument for leaving the uk, including plans move to a scottish currency when the time is right . the new chancellor, jeremy hunt, has scrapped almost all of the key measures in last month s controversial mini budget, in the latest in a series of government u turns. in an emergency statement, he abandoned indefinitely the planned 1p cut in the basic rate of income tax, that had been due to come in next year. help with energy bills will now only last until next april instead of for
will possibly see a return to full-scale austerity.- will possibly see a return to full-scale austerity. that is exact what i was full-scale austerity. that is exact what i was going full-scale austerity. that is exact what i was going to full-scale austerity. that is exact what i was going to ask- full-scale austerity. that is exact what i was going to ask you. - full-scale austerity. that is exact what i was going to ask you. it i full-scale austerity. that is exact what i was going to ask you. it is| what i was going to ask you. it is is it going to be in the territory of the sort of austerity we saw from george osborne? there are still many we saw from george osborne? there are still many figures we saw from george osborne? there are still many figures that we saw from george osborne? there are still many figures that we - we saw from george osborne? turf are still many figures that we have to find, many gaps in this jigsaw puzzle, because when we look at what is alr
seen today has been shock and or in terms of economic policy making but there has to be more to come. the reason i say that is because part of the concerns in the markets are how do you fund all these plans the government has because there is much that remains on the table, notjust him in in the immediate term, also the cap on abolishing the cap on bankers bonuses also stays. it is a bit of a bill for the government and they will have to find more money to get back on the path of balancing the books. all eyes now on halloween, notjust because of trick or treat, because thatis because of trick or treat, because that is the time when we were due more about the plans and it may not be that much of a treat for many because he has got spending in his view and what he means by that is perhaps more than the odd bit of penny pinching here and there are we will possibly see a return to full scale austerity.