a cut to come by the summer. i’m a cut to come by the summer. i m interested a cut to come by the summer. i m interested in a cut to come by the summer. i m interested in this wage inflation problem because we are seeing in some sectors quite a lot of industrial action, which is all about wages. is that a fly in the announcement? it about wages. is that a fly in the announcement? about wages. is that a fly in the announcement? . ., , , announcement? it certainly is across euro -e announcement? it certainly is across eumpe and announcement? it certainly is across eumpe and in announcement? it certainly is across europe and in the announcement? it certainly is across europe and in the uk, announcement? it certainly is across europe and in the uk, so announcement? it certainly is across europe and in the uk, so we - announcement? it certainly is across europe and in the uk, so we have i europe and in the uk, so we have seen while the headline inflation number is
strike across lufthansa through till saturday morning. 0n strike across lufthansa through till saturday morning. on top of that there is security staff at cologne and dusseldorf and frankfurt airports are causing wild widespread cancellations. anybody trying to travel to, from, or within germany at the moment is looking pretty shaky. let pretty sha ky. let us pretty shaky. let us focus on cliff why are they such trouble with the unions? partly because the entire aviation world suffered very much during the covid pandemic. things are bouncing back. there is remarkable profits numbers at lufthansa, i billion euros, around $3 billion in profits, very similar to what the company which owns iberia of spain and british airways did. they have earned that because there is huge demand for travel, but in europe in particular, capacity is still way down on pre pandemic times. very simply, supply and demand kicks in. the unions are seeing the profits that are being made and they are v
vaping and smoking, but the office for budget responsibility warns the government could find it hard to balance the books. here s our business correspondent, emma simpson. did you catch any ofjeremy s budget? it was a chance to turn around the fortunes of the conservative party. but was it enough? i think it s good that the workers are going to get money back in their pockets. but then if you think about the cost of living and how everything is going up, then maybe they could have given a little bit more back. anything that cuts taxes, i wish he would have done something a bit more for savers, we re in a position where we re living off savings. i think they re trying to do it in light of a general election and probably not really thinking about what the benefit - to the country is. the centrepiece of this budget was a £2 billion cut was a 2p in the pound cut to national insurance, a tax paid by workers. so who are the winners and losers if you include all the changes to tax
good morning. for england and wales we are looking at rain at times, some hill snow that even some of that getting to lower levels at times. and the risk of ice. the scotland and northern ireland, some wintry showers, drierand scotland and northern ireland, some wintry showers, drier and brighter in the west, but wherever you are it will be blustery and cold. i will have all the details later. it s monday the 4th of december. our main story. israel says its ground offensive has now expanded to every part of the gaza strip following days of intense bombardment. the united nations says palestinians are being squeezed into a corner of the territory worsening the already dire humanitarian conditions. yolande knell has this report. ominous warnings the israeli flairs that hang in the night sky over gaza are followed by the thuds of explosions. rumbling explosion. and on the ground, israel s military says its offensive has now expanded to every part of the palestinian territory