As he prepares to do this again, hes trying to improve his partys fortunes. This morning, jeremy hunt was keeping his cards close to his chest as he toured the tv studios. But he did give this hint. I do want, where its possible to do so responsibly, to move towards a lower tax economy, and i hope to show a path in that direction. But this will be a prudent and responsible budget for long term growth. With roughly £13 billion to play with, thats less than hed hoped for. The chancellor is scrabbling around for ways to find more cash that would allow him to reduce taxes. And labour arent saying whether theyd prioritise tax cuts or not. So would you bring down taxes now . Well, we want to bring the tax burden down in the long run, but were not going to promise anything which is not completely responsible and fully funded and fully costed. And youll see all of our plans in the manifesto for getting the economy growing because that Economic Growth is so crucial to making People Better off, and for getting that sustainable revenue for public services. Behind the doors of number 11, the calculations are both financial and political. The chancellor is under enormous pressure from conservative backbenchers to deliver tax cuts on a scale that they think they can sell on the doorstep. But the economy is in recession, Interest Rates are still relatively high compared to recent years, and evenjeremy hunts power to do anything that makes people feel significantly better off is limited. Thats because he set himself a target of Getting National debt pulling in five years time. A rule one former Bank Of EnglandEconomist Says should be tweaked. He isnt convinced that the chancellors plans for growth will come off. People are still feeling poorer, and theyre feeling poorer, laura, because they are poorer. The tax take is going up, not down. Monetary policy is getting tighter, not looser. And all of those are big headwinds for growth that make me think this is another year of fogginess. And as the work to dot the is and cross the ts of wednesdays budget gets under way, the chancellor and the Prime Minister know it will take a significant announcement before many voters can smile about the budgeting theyre doing at home. Hannah miller, bbc news. This budget, what may be in it and not be in it is all over this mornings front page which you can see on our website. You can look at the papers of course. Lets speak now to dan kemp chief research and Investment Officer at morningstar good morning to you. The chancellor says we are on a path to lower taxes. What does that look like, do you think . Hello, sally. Its been a huge week as you say and the chancellor will be focused very much on that front but were not sure how far along that path you will be able to get this week or this year because he has very little room to manoeuvre. As you heard in that piece, the spectre of that Disaster Autumn Budget hangs over this, everyone understands stability is the most important thing and so theres very little jeremy hunt thing and so theres very littlejeremy hunt can do this week and anything that he is likely to do will be accused of being irresponsible. Likely to do will be accused of being irresponsible. Lets talk about what being irresponsible. Lets talk about what has being irresponsible. Lets talk about what has changed being irresponsible. Lets talk about what has changed as i being irresponsible. Lets talk i about what has changed as well. Since the last time he stood at the dispatch box with various ideas about the economy. Inflation has come down significantly, however the economy has gone into recession at the end of last year. Talk us through the changes and what that means in terms of how much money the chancellor has to play with and how that has changed in recent months . When we started the changed in recent months . When we started the period changed in recent months . Wren we started the period beginning with autumn than it was very little had they expected. I was at the back of the and more recently that expected to hit and reduce taxes and spending has reduced but the most important to remember about this is its not really had room. Its based on a forecast for what will happen in the next five years. A lot of the so called headroom that the chancellor is dealing with is coming in years four and five and that is very uncertain for how, its a bit like spending a bonus in a job you have not gone yet. Its very uncertain whether you have that and you dont know what will lay a head and the danger for dont know what will lay a head and the dangerforjeremy dont know what will lay a head and the Danger Forjeremy Hunt is he spends based on that headroom and it disappears very quickly. The situation is worse than it was in the autumn statement, was that it was in the beginning of the air and the beginning of the air and the economy is a tough space and with higher interest, very difficult for him to do anything that will please the economists and his party this week. ,. , week. You mentioned the economists week. You mentioned the economists and week. You mentioned the economists and the week. You mentioned the| economists and the party. Week. You mentioned the economists and the party. Also in his mindset is voters as well. Also, he is very aware of the reaction to the infinite Liz Truss Mini budget and the mayhem that caused on Financial Markets globally. Your sense of what is happening this wednesday, people are fairly calm from that Point Of View . I think they are calm but they were reasonably calm before the last time as well. We see is how quickly Investor Sentiment can change, it changed literally a couple of hours after the disastrous mini budget. We know things change quickly if you get this wrong from an Investor Perspective we are always looking for stability. Its a novel investment and thats why he has to start this week and if you can do something to help the political fortunes of the party that he will try to do that, beyond anything else he will want to aim for stability and aim to keep the markets confident and fairly quiet as we get through. Confident and fairly quiet as we get through. Thank you so much and we get through. Thank you so much and we we get through. Thank you so much and we will we get through. Thank you so much and we will see we get through. Thank you so much and we will see you we get through. Thank you so i much and we will see you again soon, have a good week. It will be an interesting one that is special. Now lets head down under. A special summit is taking place in australia with leaders from asean countries to commemorate 50 years of relations. Australia is looking to strengthen relations across asia as it pivots away from china and looks to build economic and diplomatic alternatives. According to recent figures, asean accounts for nearly 15 of australias overall trade greater than australias bilateral trade with japan, the us, or the european union. Live now to dr Bryce WakefieldExecutive Director of Australian Institute of international affairs. Welcome to the programme. For the australian Prime MinisterAnthony Albanese this is a really important event, talk us through what is at stake . Asean is an increasingly through what is at stake . Asean is an increasingly important is an increasingly important partner for australia. It exhibits strong growth, so it is going to be a fundamentally important to growing the economy as well in australia. There are Strong Manufacturing centres and its an important geopolitical entity in the region. It shies away from geopolitical debates but it is essential to australias external security, especially indonesia and the approaches to australia. Here i think there is a bit of a difference between what canberra sees and what some of the other couples in asean see as the priority. That may be reflected in some differences that will be discussed next week. What can we meet discussed next week. What can we expect from discussed next week. What can we expect from the discussed next week. What can we expect from the summit we expect from the summit in terms of deals done . We expect from the summit in terms of deals done . There are deals being terms of deals done . There are deals being done terms of deals done . There are deals being done at terms of deals done . There are deals being done at the terms of deals done . There are | deals being done at the moment around setting up Investment Teams which will be very important in terms of removing barriers to investment between the two entities between asean and australia. They will be very welcome because at the moment investment is actually quite anaemic. It will look at 2 way investment, for example, between asean and australia is Something Like 300 billion which if you compare to new zealand which has less than i of the population of asean, new zealand has to those of that, around 200 billion. Kariong, sor i around 200 billion. Kariong, sorry i was around 200 billion. Kariong, sorry i was interrupting around 200 billion. Kariong, sorry i was interrupting you. | around 200 billion. Kariong, sorry i was interrupting you. I | sorry i was interrupting you. I was going to ask you if china was going to ask you if china was watching this with interest or if it is not that phased by what australia is doing . I cannot see china being particularly phased with that. Australias relationship with asean has been on a developing pace over the last decade or so. I have to say that the current foreign minister penny wong in australia has had a particularly deft diplomatic relationship with asean countries. I dont think china is too worried about it, its looking at of the relations with the region and will be far more concerned about domestic developments among asean states. , ~ ,. , developments among asean states. , ~ ~ ,. , states. Thank you. Appreciate our states. Thank you. Appreciate your analysis states. Thank you. Appreciate your analysis on states. Thank you. Appreciate your analysis on that. Over in china, thousands of delegates are preparing to meet in beijing as the annual parliamentary meeting begins on tuesday. Its a time where the government outlines its economic plan for the year. But china is facing a number of challenges and many are hoping the government will unveil some bold policies to help give the economy a much needed boost. Heres our Business Reporter katie silver. When it comes to the economy, chinas officials or any difficult position. The countrys difficult position. The country� s post difficult position. The countrys post pandemic economic recovery has been disappointing. Youth on a planet is high, local governments are saddled with debt and people are not having babies. Raising questions about the future workforce. Was not forget that is all before the downturn in the real estate sector which accounts for about a quarter of the economy. Thats been going on for almost three years and falling Property Prices are hurting consumer confidence. People are less willing to spend and also unlike in much of the rest of the world, prices in china are falling and all that may feel come in the short term it also signals things are not well with the economy. Thats what is happening inside china. From the outside restrictions on ship exports are hurting the countrys tech ambitions. All in all its a very tricky situation to make policies for. Beijing has been trying, the central bank has been cutting key Interest Rates to boost the economy. State owned banks promised to keep lending to struggling Property Developers but beijing has not shown any question to spend money to help turn the economic fortunes run. And our limited stools in the arsenal to fix things. The premier special be closely watched, who is expected to announce chinas Economic Growth target for the year and many are hoping a roadmap to get the country back to boom times again. Around the world and across the uk. This is bbc news. Bbc news, bringing you different stories from across the uk. ,. ,. , the uk. This allterrain wheelchair the uk. This allterrain wheelchair has the uk. This allterrain| wheelchair has changed the uk. This allterrain wheelchair has changed joshs life. £15 wheelchair has changed joshs life. ,. , wheelchair has changed joshs life. , a, a, wheelchair has changed joshs life. ,. , life. 45 years ago was the last time i life. 45 years ago was the last time i came life. 45 years ago was the last time i came up life. 45 years ago was the last time i came up here life. 45 years ago was the last time i came up here when life. 45 years ago was the last time i came up here when i i life. 45 years ago was the last i time i came up here when i used to be able to walk and got this chair 1. 5 to be able to walk and got this chairi. 5 years ago to be able to walk and got this chair 1. 5 years ago and it was all those Childhood Memories coming back, this is what it is capable of doing is getting people the freedom and independence that they lost because of the condition. Although he had a Muscle Wasting Condition since childhood, josh is not a man who likes to take it easy. I knew this would be a challenge and i knew it was a route that would be potentially accessible stop i saw another person go up in a Power Chairand i stop i saw another person go up in a power chair and i thought if you can do it than i can. Injune hill rest of the top of snowdon, against someone with the same condition, raising money for off road wheelchairs. Not many know about these jazz existing and it is part of the reason of Raising Awareness that the chairs are out there. For more stories from across the uk, for more stories from across the uk, head to the bbc news website youre live with bbc news. Now lets talk about bitcoin, because the crypto currency has been on quite a rally seeing its best month for over 2 years, jumping more than 40 in value in february. Today its trading above 64,000. So what is going on with bitcoin and why is it happening now . Connor sephton is an independent Crypto Journalist and podcaster. Good morning to you. Im guessing you have been busy, have you . Have you . Furiously busy, thou h have you . Furiously busy, though so have you . Furiously busy, though so much have you . Furiously busy, though so much going have you . Furiously busy, though so much going on | have you . Furiously busy, i though so much going on as always in the crypto space. What is causing this surge right now, february, why february . Right now, february, why februa . � ,. ,. , february . Theres two factors. One of them february . Theres two factors. One of them is february . Theres two factors. One of them is the february . Theres two factors. One of them is the approval i february . Theres two factors. One of them is the approval ofj one of them is the approval of Exchange Traded funds for bitcoin in the us. There are now ten in operation, blackrock and Fidelity Investments are the two biggest and blackrock is seeing 10 billion flow into that fund and what this means is american investors can gain exposure to Bitcoin Price without owning it directly. The other factor which comes in april is an event, a rare event known as the halving which will see the number of new bitcoin that enters the market every day he slashed by 50 . So where do we no day he slashed by 50 . So where do we go from day he slashed by 50 . So where Do We Go From Here . Day he slashed by 50 . So where Do We Go From Here . Is day he slashed by 50 . So where Do We Go From Here . Is it day he slashed by 50 . So where Do We Go From Here . Is it going l Do We Go From Here . Is it going to start coming down significantly again anytime soon or is it on an upward trajectory for a while . Im asking you to look into your crystal ball. flit asking you to look into your crystal ball. Asking you to look into your crystal ball. Of course, if you ask enthusiasts crystal ball. Of course, if you ask enthusiasts they crystal ball. Of course, if you ask enthusiasts they are ask enthusiasts they are adamant that 100,000 of bitcoin is a realistic target, others like jp bitcoin is a realistic target, others likejp morgan think we are going to fall back to 42,000, april or stop the real factor is theres a new swell of investment coming from institutions and Retail Investors through etf that bitcoin has never had before and the fact that blackrock is involved, the Worlds LargestAsset Manager is really adding Asset Manager is really adding a sheen of credibility to bitcoin. This is a significant element to crypto but it remains volatile as ever. It does and also the scandal surrounding other crypto currencies or providers of platforms to trade on, they keep rolling in, dont they . They do. Isnt It Interesting that we have seen ftx collapse, one of the worlds biggest exchanges coming to some of the coulta in recent months and now we have a huge Wall Street Giant actually leading charged with the price rises. Its unbelievable when you think about Bitcoin Being established to b