obviously well, a reduction in fuel tax would obviously help us. we knew that after obviously help us. we knew that after the obviously help us. we knew that after the pandemic we would have to pay back after the pandemic we would have to pay back some way, so it hasn t come as a surprise pay back some way, so it hasn t come as a surprise to any of us. but maybe as a surprise to any of us. but maybe not as a surprise to any of us. but maybe not quite as soon and quite a sharp maybe not quite as soon and quite a sharp and maybe not quite as soon and quite a sharp and increase as we have seen. in sharp and increase as we have seen. in terms sharp and increase as we have seen. in terms of sharp and increase as we have seen. in terms of if sharp and increase as we have seen. in terms of if the chancellor does have some giveaways that could potentially mean less spending for other services, where should the priority lie? priority lie? with the working families who priori
later in the programme. let s speak to mum rachel, you are here with your one year old son, sebastien. i m so sorry! grown ups talking about the economy! . you are on universal credit. how do you make that money last, how do you budget? i put £80 away for my gas and electric i put £80 away for my gas and electric i i put £80 away for my gas and electric. i put. is i put £80 away for my gas and electric. i put. . . i put £80 away for my gas and electric. i put. is that per week? yes. electric. i put. is that per week? yes- what electric. i put. is that per week? yes- what did electric. i put. is that per week? yes. what did you electric. i put. is that per week? yes. what did you used electric. i put. is that per week? yes. what did you used to - electric. i put. is that per week? yes. what did you used to pay? i electric. i put. is that per week? i yes. what did you used to pay? £50 a month. yes. what did you used to pay? £50 a month- that yes. what did you used to
this is bbc news the headlines: as the chancellor prepares to make his spring statement, new figures show the cost of living has risen by more than 6% the fastest increase in over 30 years. rishi sunak is under pressure to promise more help for struggling families as many face soaring energy, fuel and food costs. i used to love going to the beach but i can t even afford that in fuel now. because i have got a car to run as well. so we just do little things like this now. sometimes we ll even get a bus now, won t we, instead? i now, won t we, instead? am live at a laundry busir where i am live at a laundry business where the rise in fuel and energy costs is having an impact. and we are in darlington where market traders and shoppers are
numbers, can you carry on? yes. and you are digging through the numbers, can you carry on? yes, we saw the borrowing numbers, can you carry on? yes, we saw the borrowing chart numbers, can you carry on? yes, we saw the borrowing chart before i numbers, can you carry on? yes, we saw the borrowing chart before and i saw the borrowing chart before and that was showing how borrowing has come down really rapidly, just because of the rapid economic growth we have had and to some extent down to the inflation. the more inflation takes off, the more the chancellor reaps in higher taxes. these are some of the things he might give back. the treasury says he announced £9.1 billion for a rebate on energy bills that will help most of the country s households with those very tough energy bills up to a point. you are talking about a few hundred pounds, not enough to cover the increase. also, there is national insurance. there is an issue with national insurance thresholds. those have only been ri
the green levy until industry is ready, it isjust the green levy until industry is ready, it is just not ready yet. putting all these green taxes before the infrastructure is there, taking away the red diesel reduction for equipment for things like this and forcing that, that is a massive increase in cost. really, if the chancellor is serious about doing something to increase his tax take, he has to cut taxes to promote investment and deliver growth throughout smas. throughout smas. their counterargument - throughout smas. their counterargument would throughout smas. their. counterargument would be throughout smas. their counterargument would be health and social care needs funding and it is borrowing or taxes. that social care needs funding and it is borrowing or taxes. borrowing or taxes. that is absolutely borrowing or taxes. that is absolutely right borrowing or taxes. that is absolutely right and - borrowing or taxes. that is absolutely right and the i borrowing or taxes. th