it s been a busy afternoon in downing street dominic raab is back as justice secretary and deputy prime minister james cleverely stays as foreign secretary ben wallace remains defence secretary and michael gove looks set to return to government. grant shapps a big supporter of rishi sunak. grant shapps a big supporter of rishi sunak. stay with us in downing street for all the appointments so far. welcome to downing street where the new prime minister, rishi sunak has started to assemble his new cabinet with a number of appointments into the top jobs in government. let s into the top jobs in government. run you through v so let s run you through what we know so far. let s run you through what we know so far. jeremy hunt who took as chancellor after kwasi kwarteng was sacked following the fallout of the mini budget remains in post at the treasury. dominic raab is back in government a key supporter of rishi sunak. he is back asjustice secretary and reappointed depu
difficult decisions ahead. he suggested taxes could rise to help restore market confidence and also talked about spending cuts. mr hunt was appointed yesterday after the prime minister sacked his predecessor, kwasi kwarteng. here s our political correspondent ione wells. well. hours into his newjob, the well. hours into his new “ob, the chancellor well. hours into his new “ob, the chancellor was i well. hours into his new “ob, the chancellor was tasked well. hours into his newjob, the chancellor was tasked with - well. hours into his newjob, the chancellor was tasked with setting | chancellor was tasked with setting out his still, a very different one from the one the prime minister set out. on wednesday, she said she is absolutely not planning public spending cuts but listen to this. we have spending cuts but listen to this. - have some very difficult decisions ahead, difficult decisions on spending, which is not going to rise as much as people hope and i am going
the government of the bank- ukraine. the next policy meeting for the government of the bank of - the government of the bank of england and all the rate setters is mainly ii. england and all the rate setters is mainly 11. do do think the reduced risk of recession, asjeremy hunt pointed to today, it means an increase in rates in may? i think the bank of increase in rates in may? i think the bank of england increase in rates in may? i think the bank of england has - increase in rates in may? i think the bank of england has a - increase in rates in may? i think. the bank of england has a difficult balancing act. on the one hand, it wants to stimulus pressures and bring inflation back under control. on the other hand, it is and what to do so to the extent that it tips us into a recession. she was very much on the dovish side, she didn t want any more rate hikes, whereas green is understood to be a bit more hawkish. we could well see another increase to 0.4%, making mortgages more expens
that the mail is posing on the front page there. why are they asking that? , ., page there. why are they asking that? y ., ., ,~ page there. why are they asking that? y ., ., ., page there. why are they asking that? ., , that? they are asking that because in their typically that? they are asking that because in their typically old-style, - that? they are asking that because in their typically old-style, the - in their typically old style, the story in their typically old style, the story reports that a treasury review of the story reports that a treasury review of the tax story reports that a treasury review of the tax system, which was put into place of the tax system, which was put into place by kwasi kwarteng after the mini into place by kwasi kwarteng after the mini budget earlier this year, has been the mini budget earlier this year, has been quietly ditched, so this is really has been quietly ditched, so this is really the has been quietly ditched, so this is real
pay review bodies, which everybody saysis pay review bodies, which everybody says is independent with a job to do. if you have already ignored them four time to share, why can you not ignore them with the nurses strike? we want to take politics out of it and had an independent process and should adhere to that. notjust us saying it, the labour shadow chancellor has also said it. if we do not have this independent frame that we have no basis for ensuring we do in a fair way across the board. it is all about making sure we have a fair, straightforward way of doing this to meet the needs of nurses and other public sector workers whilst balancing the risk. mini; public sector workers whilst balancing the risk.- public sector workers whilst balancing the risk. public sector workers whilst balancin: the risk. . , ., , ., balancing the risk. why was it ok to ianore balancing the risk. why was it ok to ignore those balancing the risk. why was it ok to ignore those recommendations i balancing