and misconduct. the mayor of kyiv says that russian strikes on the city this morning have killed one person and wounded three others. good morning and welcome to bbc news. the uk s new chancellorjeremy hunt is to deliver an emergency statement on the british economyjust after 11 o clock this morning, bringing forward measures a fortnight earlier than expected. it s expected there ll be a delay in the plan to cut the basic rate of income tax from 20p to 19p, that would be yet another u turn from the mini budget that caused such turmoil on financial markets. with me now as our chief political correspondent. he is waiting in the wings to talk to me. let me round up, because an hour or so we are expecting to hear from the chancellor, he is going to be making that statement and we are expecting pretty much everything in the mini budgets to be pulled back, except for the national insurance increase, the national insurance cut because that has already been legislated for, obviously
si-n forecasts, they should have been a sign of forecasts, they should have been a sign of the forecasts, they should have been a sign of the budget we saw in such 23rd sign of the budget we saw in such 23rd so sign of the budget we saw in such 23rd. so the markets do need to see the breakdown here, investors quite clearly the breakdown here, investors quite clearly do the breakdown here, investors quite clearly do not have the appetite to ust clearly do not have the appetite to just keep clearly do not have the appetite to just keep absorbing large amounts of unfunded just keep absorbing large amounts of unfunded tax cuts. they want to see policies. unfunded tax cuts. they want to see policies, they want to see leadership and policies that will put in leadership and policies that will put in reforms that we can have greater put in reforms that we can have greater productivity in the uk, that we know greater productivity in the uk, that we know what we are going in