Will save the average worker about £75. But is that the budget rabbit that conservative backbenchers were after . The answer plainly is no, but the truth is, there was simply not enough money to deliver the cut in income tax they had demanded. After the measures announced today, the Office For Budget Responsibility estimated the chancellor has just £8. 9 billion of headroom left, down from the 13 billion he had in the autumn statement. That the second smallest on record, yet the chancellor gave us a relatively optimistic view of the economy, after covid, a war in europe, and the damage inflicted on the british economy economy this, he said, was a budget for long term growth. Todays obr forecast also shows that we have made Good Progress on the Prime Ministers three economic priorities. Compared to when the three pledges were made, inflation has halved, debt is falling in line with our fiscal rules, and growth is fully 1. 5 Percentage Points higher than predicted. Clamouring. And as g
Announcements from the budget starting with tax. The chancellor has announced that National Insurance will be cut by another 2p. He says the cut which will begin next month is worth £450 a year for each worker. Mr hunt also announced. 0n taxes there will be a new tax on vaping products that will start in october 2026. The chancellor says thatis october 2026. The chancellor says that is to maintain the financial incentive to choose vaping over smoking. The chancellor finished his statement by Attacking Labour for the economy. We statement by Attacking Labour for the economy the economy. We today put this country back the economy. We today put this country back on the economy. We today put this country back on the the economy. We today put this country back on the path the economy. We today put this country back on the path to the economy. We today put this | country back on the path to lower taxes. Allowed to grow the economy versus no plan. A plan to Better Public Services versus no p
The houthis, who have claimed responsibility, say the crew had rejected its warning messages. And a Russian Missile strike has hit the ukrainian city of odesa during a visit by the greek prime minister. Russia has confirmed it carried out an attack on odesa, saying it targeted a maritime drone facility. Good evening. Nikki haley has announced she is suspending her president ial bid. This is cnn Breaking News. Nikki haley will announce today that she is exiting the president ial race. And we are beginning with some Breaking News for you, nikki haley is suspending her president ial campaign today. Breaking news this morning, i nikki haley will be delivering remarks in charleston, South Carolina later this morning. It is being reported that she is going to announce she is dropping out of the race. Guys, we are getting significant news in. Reports that nikki haley has called for News Conference at 10am eastern time this morning. Some reports that she may suspend her campaign. We havent con
The British Government says it will deliver a series of warnings to israel if it doesnt allow more aid into gaza. Lord cameron said there was dreadful suffering inside gaza and pointed out israel is the occupying power. He was speaking in london before meeting benny gantz, a member of israels were cabinet. The situation is member of israels were cabinet. Tue situation is very member of israels were cabinet. Tte situation is very bad member of israels were cabinet. Tte situation is very bad because member of israels were cabinet. Tte situation is very bad because weve been pushing for this aide to get in. We had a whole set of things weve asked the israelis to do. I have to report to your lordship s house that the amount of aid in february was about half of january. Patients need to run very thin. Starting with the meeting i have with benny gantz when he visit the uk. ,. ,. , with benny gantz when he visit the uk. ,. , uk. That meeting has not happen. Of course the offensive uk. That m