Photos in the early hours of the morning. That was near Downing Street. Also energised and with me throughout the day is our political correspondent. And in our bbc new newsroom i am joined by Economics Correspondent andy verity. We will be looking at what this budget will mean for you and will be looking at the challenges of the government and what will happen in the years ahead and whoever takes power after General Election. He shouted there as a General Election and we know there will be one before next january is so there is politics that comes with this. This is the last budget before that General Election. The chancellor has promised that his plans will simulate stimulate the flagging economy. Labour will argue that any reductions will still leave people worse off because of the freezing of Tax Thresholds. So what could be expected in todays Budget Ben King takes a look. The background to the budget has been gloomy but it looks like the Chancellor Will find room to cut taxes. The
rachel reeves, the shadow chancellor, is there and they promise they will bring back the rate of interest tax to fund nhs staff. other news this afternoon. a moment of history in italy georgia meloni looks set to become its first far right leader since the second world war and its first female prime minister. a school shooting in russia has left at least 13 people dead, seven of them children. and nasa prepare to crash a space probe into an asteroid to find out how hard it would be to save the planet. welcome to bbc news, very good to have your company and it is going to be a busy afternoon. the pound fell overnight to its lowest level against the dollar for half a century. asian markets were reacting in part to the government s announcement last week of tax cuts and increased borrowing to pay for them. of course, that had come too late for their trading week on friday. at one stage, sterling plunged to around $1.03, before regaining ground. a weaker pound raises the cost
the governing liberal democrats injapan are predicted to maintain their majority in the upper house following sunday s election in a vote overshadowed by the assassination of former prime minister, shinzo abe. in tennis prince georgejoins the duke and duchess of cambridge at wimbledon as defending champion novak djokovic faces nick kyrgios in the men s final. and temperatures rise around the uk with some areas hitting 30 degrees today and the heat expected to remain for much of the next week. the international trade minister, penny mordaunt, has become the ninth candidate to enter the conservative leadership contest. most candidates are focusing on their plans for the economy. the former health secretary, sajid javid, wants to bring forward the 1p income tax cut to next year. both mrjavid and the former cabinet minister, jeremy hunt, are also pledging to reduce corporation tax from i9% to 15%. here s our political correspondent, david wallace lockhart. and then ther
We reported that there was a possibility they would call and go this summer but after the local Election Results which were very bad for the tories, i had thought as most people did, why would they go now . It looks like it would be so terrible. And lots of mps think its absolutely crackers to go now even the tories are 20 points behind but here we are. Notjust here we are, here we are. Notjust here we are, here we are. Notjust here we are, here we go. Here we are. Not ust here we are, here we go. Newscast by the bbc. Hello, it is here we go. Newscast by the bbc. Hello, it is laura here we go. Newscast by the bbc. Hello, it is laura and here we go. Newscast by the bbc. Hello, it is laura and paddy. Here we go. Newscast by the bbc. Hello, it is laura and paddy. And i hello, it is laura and paddy. And so, this has been for rishi sunak it is fair to say a not good getting out of the traps and i think hes tucked away what should be a first move or advantage. Hes the one who knew when it wa