A general election. The backdrop a flat lining Economy Millions struggling with the cost of living and polling indicating the Conservative Party is lagging far behind the opposition. Not to mention Financial Markets on edge for anything that might worsen the uks finances. The memory of Prime Minister liz truss s disastrous Tax Cutting Budget no doubt not far from mr hunts mind. So lets remind ourselves what he came up with. The rate of National Insurance paid by employees and the self employed, will be cut again by 2 pence in the pound. That comes on top of an earlier 2p cut mr hunt announced in the autumn. In april, 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 break for wealthy uk residents whose permanent home is overseas, is to be scrapped raising £2. 7 billion a year for the government. That announcement is highly controversial as it was a key pillar of labour policy.
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 year. Well, the office for budget responsibility, says the average tax payer, is going to pay more in the coming years. It predicts 37 pence of every pound will go in tax by 2029, which would be the highest level since 1948. While the government says public spending on some services will rise by 1
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 responsibility, says the overall tax burden, is actually set to reach its highest level for over 70 years. While the government says spending on Public Services will rise by 1 above inflation, some areas could still see cuts in the future. The 0b
Vaping and smoking, but the Office For Budget Responsibility warns the government could find it hard to balance the books. Heres 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 its 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, were in a position where were living off savings. I think theyre 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 and thresholds
i hope one day we find a cure and live in a world free of mnd. by the time that you watch this, i will no longer be here. i am just a lad from yorkshire who got to live out of his dream of playing rugby league. as a father of three young children, i would never want any family to have to go through what my family and children have since my diagnosis. i hope i have left a mark on the disease. i hope it shows to live in the moment. i hope you find inspiration from the whole story. my final message to you is, whatever your personal battle, be brave and face it. every single day is precious. don t waste a moment. in a world full of adversity, we must still dare to dream. rob burrow, over and out. live from london. this is bbc news the first televised leadership debate of the general election took lace earlier this evening. place earlier this evening. it featured scottish party leaders from the snp, scottish conservatives, scottish labour and scottish liberal democrats. a u turn f