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Transcripts for BBCNEWS Newscast 20240604 01:37:00

you re in favour of all of that. that s not how i felt in the autumn statement today. i definitely felt that they could have shot some i of our foxes. all of those particular points you ve argued for. up to a point, let s take - the windfall tax, for example. they did increase the rate at which it is paid today. and they extended iti by another two years. but we ve said that it should have started in january this i year when those windfalls of war started to be felt. i we said that they shouldn t be getting investment allowances for investment that they would have been doing anyway, - which cancels the windfall tax for many of them. - and the rates should be paid a slightly higher rate. - so there s still billions - of pounds there on the table that could be used either- for deficit reduction or indeed for helping people with their bills. i and we heard today in - the autumn statement that from next april, people s gas and electricity bills are likely to be going| up by £800 or £

Transcripts for BBCNEWS BBC News 20240604 13:42:00

people s gas and electricity bills notjust people s gas and electricity bills not just for people s gas and electricity bills notjust for one year but people s gas and electricity bills not just for one year but for years to come. and a programme of insulating people s homes could boost energy security so we are importing less oil and gas from overseas. it could help us get to net zero but most crucially it could take £400 off of people s bills every year and i think it was notable that in today s announcements, welcome as a short term measures are, there was no real plan for getting a grip with some of the long term, underlying issues around energy security or indeed plans to grow our economy so that people are earning higher wages and are less reliant on benefits or one off payments from government. in one off payments from government. in terms of the politics of this, rachel reeves, borisjohnson is still in downing street looking pretty secure even though there has been some level

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