Spending review period, which gave him less wiggle room to do interesting things with. When we started this budget cycle, it always begins after Party Conference season. Begins after Party Conference season. The initial trajectory was that this would be a big, bold, make or break budget for the chancellor, a career show stopping budget. The fa ct a career show stopping budget. The fact that these forecasts came out at the same time meant he had limited ability to make announcements, and that set the tone for the budget, which is why he got that out the way to begin with as almost a warning shot to mp5. Saying that the economy is not doing as well as expected, so downgrade your expectation a bit. The telegraph has an awful lot on the budget on its front page. Outlook gloomy, but there to be proved wrong. It is relatively early days for theresa may, but not for the conservative government. They will have wanted better headlines about the economy. Of course. Hammond came in saying, im rea
Been hoping for and less than labour had been demanding. Economic growth has been revised down, productivity growth has been revised down, Business Investment revised down, peoples wages and Living Standards revised down. What sort of Strong Economy is that . Well have the detail, and reaction to the second budget delivered by Philip Hammond this year. Also tonight mr mladic, sit. In the hague, the former bosnian serb commander, ratko mladic, is convicted of genocide and crimes against humanity. Zimbawes former Vice President , emmerson mnangagwa, has returned home to succeed Robert Mugabe as head of state. And, were all set for the start of the first ashes test, in brisbane. And coming up on sportsday on bbc news chelsea are through to the last 16 of the Champions League with celtic and Manchester United also in european action. Good evening. The chancellor, Philip Hammond, has delivered his second budget this year, warning that the economy is expected to grow more slowly than previou
Is like an awkward date you wait for them to show up at the restaurant, after ten years you decide they are probably not coming. The obr has assumed at each of the last 16 fiscal events that productivity growth would return to its pre crisis trend of about 2 a year, but it has remained stubbornly flat. So today they revise down the outlook for productivity growth, business investment, and gdp growth across the forecast period. That line was more important than Everything Else in the speech combined. But a Second Striking feature of this budget concerns public spending and austerity. After the last six elections, weve had big tax rises to pay for extra public spending. Not this time. An historic shift. And yet, we still have spending cuts baked in to our plans, sizeable spending cuts. Heres the graph. Per capita spending on Government Services from 2015 to 2022. So is this really do able . Today the chancellor bunged some billions into the Public Sector to ease the pain in the next coup
Commander radko mladic has been jailed for life. He was found guilty of genocide and crimes against humanity during the bosnian war of the 1990s. This was mr mladic during the war, when he was nicknamed the butcher of bosnia. In the town of srebrenica in the east of bosnia and herzogovina he oversaw the massacre of more than 7,000 bosniak men and boys. It was the worst atrocity in europe since the second world war. He was also found guilty of deliberate attacks on civilians in the countrys capital of sarajevo. This decision was handed down in the dutch city of the hague, where the un had set up a criminal tribunal to investigate crimes committed during the bosnian war. This was radko mladics reaction as the judge read out the verdict. Translation mr mladic, if you continue like this. We have seen theres quite a few times during the trial. Its been common for him to interruptjudges in the un criminal tribunalfor the former yugoslavia. Today he was eventually removed and thejudge carried