The Prime Minister has warned that the budget this october will be painful, in his first major speech from no 10 since becoming Prime Minister. Speaking in the rose garden, he said his government had inherited a black hole in the public finances, of £22 billion. Those with the broadest shoulders should bear the heaviest burden, he cautioned, but he also said there would be big asks of everyone. The conservatives responded by saying the speech was an indication that labour had been planning tax rises all along. Vicki young has our top story. Blue skies and sunshine, but the Prime Minister didnt come here to paint a rosy picture. He has accused the conservatives of wrecking the economy, leaving him to put it right. There is a budget coming in october. And it is going to be painful. We have no other choice, given the situation that we are in. Those with the broadest shoulders should bear the heavier burden. I will have to turn to the country, and make big asks of you as well. Its already
Good evening. Big asks are going to be made of the public in octobers budget, the Prime Minister said today, in a major speech in the number 10 garden. Sir keir starmer warned that his government had inherited a black hole in the public finances of £22 billion. He said those with the broadest shoulders should bear the heavier burden. The conservatives responded by saying his speech was an indication that labour had been planning tax rises all along. In a moment, well look ahead to what may be in the budget with our Business Editor simonjack, but first, our deputy Political Editor Vicki Young Reports on the Prime Ministers speech. Blue skies and sunshine, but the Prime Minister didnt come here to paint a rosy picture. He has accused the conservatives of wrecking the economy, leaving him to put it right. There is a budget coming in october. And it is going to be painful. We have no other choice, given the situation that we are in. Those with the broadest shoulders should bear the heavie
Also on the programme this lunchtime. Scotlands first minister Nicola Sturgeon sets out her plans for another independence referendum, and warns Boris Johnson not to oppose it. Record temperatures in australia almost 42 degrees celsius as hundreds of bush fires burn out of control. And after stepping out of the ring, a dramatic change of career for the olympic boxer nicola adams. And coming up on bbc news, liverpool confirm their First Signing of the january transfer window japans Takumi Minamino signs a 4. 5 year deal. Good afternoon and welcome to the bbc news at one. The queen has outlined the governments agenda for the next year following the conservatives decisive election victory last week. Addressing both houses at the state opening of parliament, her majesty said her government would embark on an Ambitious Programme of domestic reform that delivers on the peoples priorities. Legislation to take the uk out of the European Union on 31st ofjanuary is among over 30 bills announced.