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Transcripts For BBCNEWS The Context 20240919

Hello, youre watching the context on bbc news. Its been revealed that Keir Starmer s top adviser, Sue Gray, now earns more than the Prime Minister. Weve been told that shes now on a salary of 170,000. More than 100 charities and Aid Agencies have urged sir Keir Starmer to protect foreign Aid Spending amid fears the budget could fall to its lowest level since 2007. The unease comes ahead of the Budget Set to be unveiled by the chancellor in october and with increasing aid being spent here in the uk, To Support Refugees and Asylum Seekers. The previous government had counteracted this adding 2. 5 billion to the foreign Aid Budget, as a Top Up to compensate for the money being spent in britain. But where does the uk stand internationally . The un target for foreign Aid Spending is 0. 7 of a countrys gross national income. That figure is widely accepted among the international c ....

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Transcripts For BBCNEWS Verified 20240704

British ice are tax Free Allowance to invest in uk listed companies. British isa tax Free Allowance. Moving on to the uk economy. The Office For Budget Responsibility predicts uk economy will grow by 0. 8 this year and 1. 9 next year. The uks Inflation Rate is also forecast to fall below 2 target this year. But the underlying debt, excluding Bank Of England debt, is forecast to be 91. 7 of gdp this year rising to 92. 8 next year. The government also kept a freeze on alcohol duty, which had been due to end in august, which will now continue until february 2025. There will be a new tax on vaping products to start in october 2026, and the existing tax on tobacco will increase. The chancellor say ....

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Transcripts For BBCNEWS Breakfast 20240704

Hannah miller, has the story. In homes across the country and Public Services on the ground, it can seem like everyone is crying out for cash. We have got roads full of potholes. Are you confident that the chancellor will be persuaded to give you more money to spend on housing in the budget in a few weeks time . Well, im doing everything that i can. I mean, short of laying siege to his own home. Well, i want us to be, you know, l Cutting Taxes in a responsible way. Under pressure from backbenchers and with less money to play with than hed hoped for the chancellors scrabbling around for ways to pay for a tax cut on a scale that voters will notice. Today, mr speaker, im going to cut the main 12 rate of Employee National insurance. Last year, he chose to cut Nationa ....

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Transcripts For BBCNEWS BBC 20240704

Hello there, welcome to newcastle, on the Dayjeremy Hunt delivered his budget, in what is almost certainly, a general election year. Were on the citys Iconic Quayside Overlooking the magnificent river tyne, an area steeped in industrial history, and weve been gauging reaction, to the chancellors plans. Among todays annoucements, the government is to cut National Insurance, by 2p in the pound for employees and the Self Employed. Full Child Benefits will be paid to households, where the highest earning parent, is getting up to £60,000. The current limit is £50,000. And, the non dom tax regime, for uk residents whose permanent home is overseas, is to be replaced with new rules, from april next ye ....

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Transcripts For BBCNEWS BBC 20240704

Good evening from newcastle, as the dust settles onjeremy hunts budget, quite possibly the last, before the general election. You join us on the citys Iconic Quayside Overlooking the magnificent river tyne, an area steeped in industrial history, and weve been gauging reaction here, to the chancellors plans throughout the day. Among his biggest annoucements, was a cut in National Insurance, by 2p in the pound, for employees and the Self Employed. Full Child Benefits will be paid to households, where the highest earning parent, is getting up to £60,000. The current limit is £50,000. And, the non dom tax regime, for uk residents whose permanent home is overseas, is to be replaced with new rules, from april next year. Well, the office for budget respons ....

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