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BBCNEWS BBC News July 7, 2024

hello and welcome if you re watching in the uk or around the world. an independent think tank in britain says the uk government s mini budget is likely to leave the vast majority of taxpayers worse off. the chancellor kwasi kwarteng s package of measures include scrapping the top rate of income tax for the highest earners and reducing the basic rate by a penny. the institute for fiscal studies says that only those with incomes of more than 155,000 will be net beneficiaries over the current parliament. ben king reports. here in reading and around the uk, people feel like they could do with a boost. bills are going up and interest rates are rising. across the country as a whole, the economy has been growing too slowly. and the chancellor has come up with a very bold solution tax cuts worth billions of pounds. he plans to cut the basic rate of income tax to 19p and the pound in england, wales and northern ireland next april and abolish the 45p top rate of tack for peop ....

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BBCNEWS BBC News July 7, 2024

the economy with the biggest tax cuts in four decades. at spitalfields market in east london, they are taking stock of a mini budget that s ignored a massive shift in political direction. what do you make of moves like reversing the national insurance rise? will that help, do you think? i think it probably will help. to a degree. but it depends what bracket you are in in terms of income. yeah, i think it will help. i mean, it does not even touch the sides. i don t know. we will see. there is a lot to take in. the treasury is cutting the basic rate of income tax from 20p to 19p from april next year. it is abolishing the 45p top tax rate for people who earn over £150,000, as well as reversing the national insurance rise from november, and cancelling a corporation tax rise planned for next year. stamp duty will be scrapped below £250,000. the government will borrow to fund it. £231; billion this year. there is criticism from opposition politicians that those with the mo ....

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BBCNEWS BBC News June 4, 2024 12:16:00

The chancellor announced plans for 38 investment zones in england. in these areas planning rules would be liberalised to release more land for housing and commercial development. the conservation charity the rspb has called that an attack on nature . beccy speight is the chief executive of the rspb. the first goal of the new women s super league and it falls the way of arsenal. it’s super league and it falls the way of arsenal. , . super league and it falls the way of arsenal. , . , , . ., super league and it falls the way of arsenal. , . ,, .. , ~ prices, came out we are being in debt prices, came out we are being in debt last prices, came out we are being in debt last year was 50 billion in interest debt last year was 50 billion in interest in this year could be 100 billion we are we a re really we are really concerned, and to give you a bit of context, we live in one of the most nature depleted countries of the planet and about half of our species are in decline. th ....

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BBCNEWS BBC News June 4, 2024 11:09:00

The chancellor announced plans for 38 investment zones in england. in these areas planning rules would be liberalised to release more land for housing and commercial development. the conservation charity the rspb has called that an attack on nature . beccy speight is the chief executive of the rspb and joins us now. thanks for coming on the programme. what are your concerns? we thanks for coming on the programme. what are your concerns? what are your concerns? we are really concerned. what are your concerns? we are really concerned. we what are your concerns? we are really concerned. we live - what are your concerns? we are really concerned. we live in - what are your concerns? we are really concerned. we live in one| what are your concerns? we are l really concerned. we live in one of the most nature depleted countries on the planet, half of our species in decline. a hugejob to be done in terms of restoring nature and we think globally we are about to commit to 30% of the wo ....

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