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Transcripts For BBCNEWS BBC News Special 20240707

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

Transcripts for BBCNEWS BBC News Special 20240604 14:41:00

trade unions, devolution of power, equality and effective opposition to the tories. i equality and effective opposition to the tories. i i, i, , the tories. i will come to the snp spokesperson- the tories. i will come to the snp spokesperson. today the tories. i will come to the snp spokesperson. today scotland s l the tories. i will come to the snp i spokesperson. today scotland s first minister set out spokesperson. today scotland s first minister set out an spokesperson. today scotland s first minister set out an optimistic, - minister set out an optimistic, ambitious and credible economic plan for scotland s future. a leader who spent over an hour setting out and answering questions on the positive case for in our country s independence. it s a very stark contrast to a prime minister hiding in downing street, a prime minister terrified to answerfor in downing street, a prime minister terrified to answer for the mess she has made, the mess which will cause so much harm to al

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