maintaining the 5p a litre cut in fuel duty and not putting it up in line with rising prices. that saves the average driver £100 next year and around £200 since the 5p cut was introduced. the headline rate of corporation tax is going up, not popular among all his mps. businesses will pay less, though, if they put money into their future growth. that means that every single pound a company invests in it equipment, plant or machinery can be deducted in full and immediately from taxable profits. a big part of this budget is getting more people into work. there are measures to help those with disabilities and 50 and 60 somethings tempted to retire. now they will be able to save more in a pension, tax free every year and the chancellor will. but it will not be fully up and running
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independence of regulators by turning independence of regulators by turning them into cheerleaders of the financial system instead of watchdogs. and taken together this can only watchdogs. and taken together this can only make future financial crises can only make future financial crises much more likely to happen. labour crises much more likely to happen. labour has crises much more likely to happen. labour has warned the government not to engage in a regulatory race to the bottom, but the chancellor said the bottom, but the chancellor said the post 2008 guard rails would not be removed and insists these reforms can generate billions of pounds to benefit us all. our business correspondent marc ashdownjoins me. so who will benefit from all of this, or who should benefit? so who will benefit from all of this, orwho should benefit? i so who will benefit from all of this, or who should benefit? i think the chancellor this, or who should benefit? i think the chancellor will thi
hello and welcome to audiences in the uk and around the world. i m sally bundock. it s a big day ahead for the chancellor kwasi kwarteng as he delivers the keynote speech at the conservative party conference later in birmingham. the new finance minister is expected to insist the government will stay the course on his tax cutting growth plan despite the swift and turbulent reaction on financial markets. this time last week, the pound hit an all time low against the us dollar and days later, the bank of england was forced to take emergency action to protect pension funds. i m joined by dr roger barker director of policy at the institute of directors. how will kwasi kwarteng do today? what are you hoping chancellor will say? i’m today? what are you hoping chancellor will say? i m sure the chancellor chancellor will say? i m sure the chancellor will chancellor will say? i m sure the chancellor will reiterate | the chancellor will reiterate his commitment to taxcutting