Ministers questions. It is always a little different, the pmqs ahead of the budget. He has vacated the chair for the Deputy Speaker. She will be going through some of the notices ahead ofjeremy hunt, the chancellor, delivering his Budget Statement. He will take to his feet shortly and will probably speak for about an hour shortly and will probably speak for Aboutan Hourand shortly and will probably speak for about an hour and then it will be the turn of the leader of the opposition, keir starmer to respond. We will take both of those live and uninterrupted and we will then have reaction from the Chief Secretary to the treasury, laura trott, part of the treasury, laura trott, part of the Treasury Team and her shadow for labour. Here isjeremy hunt. Madam Deputy Speaker, as we mourn the loss of life in israel and gaza, the loss of life in israel and gaza, the Prime Minister reminded us of the Prime Minister reminded us of the need the Fight Extremism and heal divisions. I start today by r
Todays budget might have left you with a bit more money in your pocket but some of the Public Services you rely on will face big Spending Cuts. So is it a vote winner . Mr chancellor of the exchequer. Cheering it was the last Spring Budget before the next election. Tonight well interrogate Whyjeremy Hunt made the announcements he did. And interrrogate one of his treasury ministers. Overall, the tax burden is going up. Correct . The tax burden is still too high, overall. Absolutely. And its going up . Well also talk to labours Campaign Chief. Well talk live to representatives of business and Public Sector workers and our Politics Panel is here to help us decode it all and tell us when we might be going to the polls. Todays was a budget that was as much about what comes next as about what comes now. Theres another 2p cut in National Insurance that will kick in soon but theres also the growing realisation that whoever wins the next election, they will face a daunting choice either oversee
if you have just joined if you havejustjoined us it is time for the top business stories. we start here in the uk where in the next few hours the bank of england is widely expected to raise the cost of borrowing for the twelfth time in a row. the quarter percent rise most economists are predicting would take the bank s main interest rate to 4.5% the highest it has been in almost 15 years. the big question though will it be enough to start to get inflation, which is still running at more than 10% a year, under control? let s speak to katharine neiss she has held various roles at the bank of england and is now chief european economist at p gim fixed income. good to have you on the programme. iassume good to have you on the programme. i assume you are with the majority believe we are looking at a rate hike today of another 25 basis points. today of another 25 basis oints. . , today of another 25 basis oints. . , ., , points. that s right, that s the consensus p
is to travel to israel, egypt and the west bank to urge israel and the palestinians to de escalate tensions. that s after israeli forces killed seven palestinian fighters and two palestinian civilians during a raid. the raid happened here in a refugee camp in the flashpoint town ofjenin. an elderly woman is reportedly among the dead. this is an eyewitness. we heard gunshots that we fled into the cloud and we stayed under siege there for three hours. the army beseeched us in the club and we heard the sounds of the classes after about an hour, military destroyed cars on both sides on the road bulldozers. a new wave of violence hit the region last spring this is the deadliest single israeli raid intojenin since then. this is the aftermath you can see the extent of the damage. the israeli defense forces say they wanted to arrest members of the armed group, islamichhad. they ve accused the group of planning and executing multiple major terrorist attacks on israeli civili
instability and rising mortgage rates for some time to come. downing street says the prime minister is now focussed on ensuring economic stability, but with most of her plans now ripped up, we ll be asking whether liz truss can survive, and getting reaction from voters. also this lunchtime 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. and against the odds, scotland s cricketers beat the west indies in one of their greatest ever victories. and coming up on the bbc news channel scotland have made a winning start to their t20 world cup campaign with a shock defeat of the west indies in australia. good afternoon. 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, aimed at reassurin