Transcripts For BBCNEWS BBC News At Ten 20170308 : compareme

Transcripts For BBCNEWS BBC News At Ten 20170308

In afghanistan, gunmen dressed as doctors killed at least 30 people at a hospital in kabul. In south sudan, the un warns of a genocide in the making and blames Government Forces and local militia. And, we talk to the former serviceman whos making history on the racecourse. Coming up in sportsday theres one match in the Premier League as Manchester City look to beat stoke at the etihad to go second in the table. Good evening. The chancellor, Philip Hammond, has presented his first budget, promising to build a brighterfuture as the government prepares to start the formal process of leaving the european union. Among the main news was an extra £2 billion to be spent on the Social Care System in england over the next three years. The chancellor was accused of breaking a conservative Manifesto Promise by increasing National Insurance contributions for millions of Self Employed people. And he offered some help forfirms in england facing higher business rates. Well have details of the speech and we start with our Political Editor laura kuenssberg. Number 11 fears rainy days. At this end of the street there are nerves there are more ahead. So there was no chance the chancellor would emerge to splash the cash. Saving for a emerge to splash the cash. Saving fora rainy emerge to splash the cash. Saving for a rainy day, chancellor . Coming out for his first day holding the box, less broad smile, more grin and bear it. Grinning and bearing it . From the lonely journey, bear it. Grinning and bearing it . From the lonelyjourney, to the roar of the commons bear pit. Where his boss hardly looked worried about how he would perform. The right honourable mm. At his first and last spring budget, next time it will be in the autumn. 24 years ago, Norman Lamont also presented what was billed then as the last spring budget. Ten weeks later he was sacked. So, wish me luck today. The countrys finances less peaky than expected but as he knows, hardly in the clear. I report today on an economy that has continued to confound the commentators with robust growth, a Labour Market delivering record employment and a deficit down by over two thirds. As we start our negotiations to exit the european union, this budget ta kes forward the european union, this budget takes forward our plan to prepare britain for a brighter future. But no stop to cuts nor a sudden speeding up to clear the debt. Some have argued that Lower Borrowing this year makes a case for more unfunded spending in the future. I disagree. We on this side will not saddle our children with ever increasing debt. But he did break with the plan and arguably broke his pa rtys Manifesto Promise, announcing a tax increase on more than two million of the Self Employed. Than two million of the selfemployed. The difference in National Insurance contributions is no longer justified by National Insurance contributions is no longerjustified by the difference in benefit enentitlements. Such different treatment of two people earning essentially the same undermines the fairness of our tax system. Around 2. 5 Million People will have to pay more. The average loss £240 a year. There are other changes to National Insurance too. Some Tory Backbenchers have cried foul, are furious at an attack on the tory tribe but the Health Secretary had reason perhaps to be pleased at what was coming. Our Social Care System ca res was coming. Our Social Care System cares for over a Million People and i want to pay tribute to the hundreds of thousands of carers who work in it. But the system is clearly under pressure and this in turn puts pressure on our nhs. He will spend £2 billion of taxpayers money on social care in england. £i billion available in the next 12 months. And there is a longer term review of how to pay to look after the elderly. After pleading to number 11 about changes to business rates, the chancellor accepted there had to be a stop to those facing the biggest hikes. The revaluation has undoubtedly raised some hard cases. Especially for those businesses coming out of Small Business rates relief. £300 million will go to local councils to help small firms with business rate rises. None of them will face hikes of more than £50. There was extra cash for scotland, wales and Northern Ireland and for Technical Education in schools but with the seeds of a row about National Insurance sown behind him the chancellors final words may not be allowed to stand. We embark on this next chapter of our history confident in our strengths, and clear in our determination to build a stronger, fairer better britain. I commend this budget to the house. The opposition leads visible anger didnt mean he took the governments arguments apart. This was a budget of utter complacency about the state of utter complacency about the state of our economy. When she took office the Prime Minister said if you are one of those families, if you just are managingl one of those families, if you just are managing i want to address you directly. This budget does not address them. It failed them. This budget has done nothing to tackle low pay, nothing to solve the State Of Emergency that persists with so many people demanding and needing health and social care now. Others saw opportunity after only glance mentions of the Biggest Issue around town. There is 100 billion extra borrowing because the government has chose a hard brexit. You cant have a strong chose a hard brexit. You cant have a Strong Economy chose a hard brexit. You cant have a Strong Economy with a hard brexit. You cant have strong well funded nhs social care or education with a ha Rd Nhs Social Care or education with a hard brexit. The government has made wrong choices snoochlt it was an awful budget, it was the Brexit Budget that dare not speak its name, he barely mentioned brink. He has confirmed he is wedded to the welfare cut punishing the poorest and most vulnerable. An appalling budget. Safety first . Not quite, with the dispute over National Insurance, no government wants accusations it hasnt kept its word. Did you break your promise, Prime Minister . Its rare any chancellor and the next door neighbour escape budgets totally unscathed. Laura kuenssberg, bbc news, westminster. In his first budget, mr hammond told mps that in the near Term Economic gret was expected to be higher and borrowing lower than forecast in november. But he said debt remained too high and the governments job was far from done. 0ur Economics editor kamal ahmed is here with analysis of the latest figures. So, the chancellor stood up at 12. 30 and he had some good news and some more difficult news. Lets look at the growth figures first. Last november, peak gloom for economists following the referendum, this was the growth forecast. Just 1. 4 this year, before slowing, climbing back to around 2 by 2020. Today, better news, at least for this year, 2 growth for 2017. But then a dip as Britain Negotiates its way out of the european union, before recovering again back to 2 . Well, the economy has had more momentum coming through 2016 and into the early months of this year than we expected back in the autumn, but we havent changed our view about the total growth that the economy can sustain over the next five years. So if you have more good news at the beginning of the forecast, you have slightly weaker growth through the rest of it. That is also true for borrowing. Last november, it was predicted the deficit, thats the difference between what a government spends and what it receives in taxes, would hit £68. 2 billion, on the far left of the graph, before falling every year, to £21 billion, by 2022. Now, just for some context, it costs about £100 billion to run the whole of the nhs for a year. Again today, in the short term, good news. Borrowing this year will be better, at £51. 7 billion, but the picture worsens next year before again borrowing falling to about the same amount in 2022. Around the same amount that was predicted in november. Remember, George Osborne initially wanted to get us to a Budget Balance by now. Then he took that out to 2020 and Philip Hammond now says hes 0k to wait until 2025. So we could end up with 15 years, 15 years of austerity to get where mr hammond wants to get. Now, social care was the big spending commitment today and there were two tax rises to pay for it. A £2 billion tax rise over the next five years, paid by the Self Employed in higher National Insurance contributions and a £2. 6 billion tax increase for Business Owners and investors who take whats called Dividend Income from the shares they own. Now, one thing was left out of the budget box today and that was any real mention of brexit, but that doesnt Mean Companies arent worrying about it. Businesses are feeling the weight of uncertainty very strongly. They would like to have seen more to shore up short term confidence, particularly around business rates, but they will welcome the investment in some of the longer term areas, like skills and the recommitment to infrastructure investment. This was actually a pretty short budget, just 28 tax and spend measures this year, compared with 77 in 2016. But it was significant, big reviews are now in place on how we tax the new world of work and the Self Employed and how we pay for social care. The chancellors main tax change has proved controversial, even among conservative colleagues. His decision to increase National Insurance contributions for millions of Self Employed people appears to go against a conservative Manifesto Promise. Hes going to raise more money by targeting the Dividend Payments of Company Directors and investors. Our business editor, simonjack, reports on the impact of these measures. Up up and down the country Small Businesses, the bedrock of the economy, got a surprise today when the chancellor launched a tax raid on the Self Employed. Being your own boss means you pay a lower rate of National Insurance but today the chancellor announced that lower rate is going up to almost the same rate asa paid is going up to almost the same rate as a paid employee. That will cut into salon owner roberts take home pay but another type of National Insurance is being abolished so lower earners like some of his stylists will be slightly better off. We have a number of Self Employed stylists here and i am pleased for them if their costs are going down. But for me personally my bill is going to be several hundred pounds a year more. Overall changes to National Insurance for the Self Employed will mean that those earning £12700, for example, will be £70 a year better off in 2019. Someone earning £17,000 will be £20 worse off. And higher earnings making £51,000 will be £620 worse off. And Philip Hammond wasnt finished, he had more bad news for entry treners. Company owners and shareholder can currently taxco free, that is been slashed to £2,000. You are taking a lot of risk. You are assuming you are not going to get ill, Maternity Leave is hard, i have a one year old. As part of that risk you assume theres going to be benefits running a Small Business. As a country we are pushing growing the number of Small Businesses in the country so a tax like this just makes it harder. When something becomes popular, it doesnt take long for the taxman to notice. Being your own boss is becoming incredibly popular. Theres been an explosion in the number of Self Employed people, who pay lower rates of National Insurance than regular employees. Some say todays raid is an attack on the kind of self starting risk taking entrepreneurs the economy needs. 0thers Entrepreneurs the economy needs. Others say its high time the growing number of Self Employed people paid the same rate of tax as everybody else. Selfemployment has been the biggest story in the jobs market in years. It accounts for nearly half of the Employment Growth since the down turn. The steps announced by the chancellor in todays budget are bold and are welcome in terms of moving towards closing the Tax Discrepancies between the Self Employed and employees. The nature of employment is changing fast. The government is reviewing better ways to tax it. Some will wonder if raising the burden on the growing army of the Self Employed is the right place to start. Simonjack, Self Employed is the right place to start. Simon jack, bbc Self Employed is the right place to start. Simonjack, bbc news. Lets look at other measures in todays budget. There were no new announcements on tobacco, but increases announced previously mean that, from tonight, a price of a packet of cigarettes will go up by 35p. From monday, a pint of beer will go up 2p, a bottle of whisky by 36p and a Bottle Of Wine by 10p. Therell be £100 million to fund more gps in accident Emergency Departments in england next winter to ease the pressure. Therell be £270 million for science and innovation, which includes research into robots and driverless cars. Therell be £90 million for transport in the north of england and £23 million for the midlands to ease congestion on the roads. The Scottish Government will get an extra £350 million, wales an extra £200 million and therell be an extra £120 million for Northern Ireland. As we mentioned, the chancellor announced an extra £2 billion for social care in england, admitting that the system was clearly under pressure. The money will be spent over the next three years. But there has been criticism that its still not enough, given the scale of the problem. 0ur social affairs correspondent, alison holt, reports from nottinghamshire. 1, 2, 3. Four times a day, care workers help 76 year old avril smith with such things as washing, dressing and getting to the toilet at her nottinghamshire home. A stroke left her partially paralysed. This is what the extra £2 billion announced for social care will help pay for. Mrs smith believes its something the chancellor had to do. Its notjust me, people need it, its people that really cant do nothing. So what would you say to the chancellor about this and making this a priority . Get your hand in your pocket, stop being so tight. How would he like it if he was sat at home all day and cant move . For her husband, who cares for her the rest of the time, this council funded support is also crucial. If i didnt get it for the last two or three years, i would have been in my grave now, so its vital that we get it. And of the money the chancellor has found, councils will get £1 billion in the coming Financial Year with the rest in the following two years to ease the pressures. With Care Companies struggling to recruit enough staff, they say the money must reach the front line. The staff will need to be paid a salary which represents the work they undertake in the community, travelling around, visiting people, like mr and mrs smith, day in, day out, sometimes three or four times a day, to give them the care they need. We need to be able to support that in terms of a proper living wage. In nottinghamshire, the county Council Spends about 45 of its budget on adult social care, so the minute the Chancellor Sat down af

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