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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 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

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Transcripts For BBCNEWS BBC 20240704

Those earlier rumours from washington had sent pulses racing among some people, hoping that there may be an imminent agreement for a cease fire, however temporary, between hamas and israel. And the hamas delegation arriving in cairo today for the talks also expressed hope that a deal could be reached. And again, Optimism Sort of grew, but there were significant obstacles. And anybody covering this story over the last few months will know that often hopes of a ceasefire are dashed by realities on the ground. And one of israels obstacles and demands that was that hamas should present a detailed list of the hostages who would be released under the terms of any future agreement, of course, in exchange for palestinian prisoners in israeli jails. That list hasnt been provided by hamas. There are thought to be at about 134 hostages held by hamas and other groups in gaza. About 30 of those may actually be dead. And israel wanted to know who was still alive, who was going to be released. That h

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Transcripts For BBCNEWS BBC 20240704

But we know we can make things work better. That is the way well open ultimately get the rising Living Standards we all want to see. You talk about wanting to get that revenue in and increase spending on Public Services, but your u turn, if we can call it that, or this this moment of that green Prosperity Plan just sort of indicates the challenges that all Political Parties face at the moment. Many things like the green Prosperity Plan just cant be costed at the moment. ,. , moment. After the disaster of the liz truss minibudget moment. After the disaster of the liz truss minibudget and moment. After the disaster of the liz truss minibudget and the moment. After the disaster of the j liz truss minibudget and the rise Liz Truss Mini Budget and the rise in Interest Rates, we had to change some of those plans. But our plan remains a fundamental part of our offer. Its our National Fund and four gigabytes energy to work on the front tier, new technologies in the future. Gb gb engery. Any b

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Transcripts For BBCNEWS BBC 20240704

Wyre davies, who is now injerusalem, about the doubts regarding whether the israeli delegation will participate in the cairo talks. Those earlier rumours from washington had sent pulses racing among some people, hoping that there may be an imminent agreement for a cease fire, however temporary, between hamas and israel. And the hamas delegation arriving in cairo today for the talks also expressed hope that a deal could be reached. And again, Optimism Sort of grew, but there were significant obstacles. And anybody covering this story over the last few months will know that often hopes of a ceasefire are dashed by realities on the ground. And one of israels obstacles and demands that was that hamas should present a detailed list of the hostages who would be released under the terms of any future agreement, of course, in exchange for palestinian prisoners in israeli jails. That list hasnt been provided by hamas. There are thought to be at about 134 hostages held by hamas and other groups

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