with macron and johnson being on firmer ground really. many are so in the background firmer ground really. many are so in the background of firmer ground really. many are so in the background of this firmer ground really. many are so in the background of this is firmer ground really. many are so in the background of this is the - the background of this is the upcoming elections for president in france and showing a position of power for macron. france and showing a position of powerfor macron. i think france and showing a position of power for macron. i think there were calls or meetings on a friday so let s see what happens there. in the meantime let s turn to the front of the i and we are now working through what we heard and the budget. so we turn to the squeeze middle. 50 what we heard and the budget. so we turn to the squeeze middle. turn to the squeeze middle. so this is essentially turn to the squeeze middle. so this is essentially the turn to the squeeze middle. so
you think that much of this has come as a shock, this budget has come as as a shock, this budget has come as a shock to britt s? lien, very quickly. a shock to britt s? lien, very cuickl . , a shock to britt s? lien, very cuickl . v . a shock to britt s? lien, very cuickl. , .,, ,, quickly. it s a surprise as i mentioned quickly. it s a surprise as i mentioned before - quickly. it s a surprise as i mentioned before in - quickly. it s a surprise as i | mentioned before in places quickly. it s a surprise as i - mentioned before in places like liverpool, i guess we were not expecting liverpool, i guess we were not expecting may be the level of investment and we kind of got you to notice investment and we kind of got you to notice but investment and we kind of got you to notice but in investment and we kind of got you to notice but in that it all. but then when notice but in that it all. but then when you notice but in that it all. but then when you see and look behind som
suffering and worse off after this budaet. ., .,, , .,, budget. one of those things as we turn to the budget. one of those things as we turn to the daily budget. one of those things as we turn to the daily telegraph - budget. one of those things as we turn to the daily telegraph and - budget. one of those things as we | turn to the daily telegraph and you hinted at it, kate, was the fact that we can be paying more for our monthly mortgages and mortgage payments and that is the front of the daily telegraph today. this is reall bad the daily telegraph today. this is really bad news the daily telegraph today. this is really bad news people the daily telegraph today. this is really bad news people and - the daily telegraph today. this is really bad news people and this | the daily telegraph today. this is| really bad news people and this is going to be another economic shock. so we have got for mortgage lenders, the biggest leaders in britain, raising their rates following the budg
of their money and essentially describing it as a bit of a pay rise for them, you have the middle income households really, really squeezed and we are going to come to a little bit later, but we are going to talk about mortgages and the rise there as well. you have got high inflation rates and tax rates in the economy so all around it is quite a bleak picture really and i don t think that s something that really came across particularly strongly in the immediate aftermath of the chancellor s budget. and i think these are going to be really difficult times ahead or families and people that are earning ok and are doing all right for themselves, they have not seen much change or growth in the last decade to their wages but they are surviving we are about to see the tax burden rise for this group and this is entering new territory perhaps. taste this group and this is entering new territory perhaps. territory perhaps. we are keen to know how the territory perhaps. we are keen to know ho
great cities of the northern that is your pool, manchester, bradford, leeds, your pool, manchester, bradford, leeds, york and to do that what is needed leeds, york and to do that what is needed is leeds, york and to do that what is needed is what is called northern powerhouse rail which will connect to hsz powerhouse rail which will connect to h52 and powerhouse rail which will connect to h52 and really connect although cities to h52 and really connect although cities together and bring those economies together for people to work and economies together for people to work and live across the north. we are waiting work and live across the north. we are waiting on this integrated rail plan but are waiting on this integrated rail plan but the feeling is the fact that it plan but the feeling is the fact that it was not mentioned in the budget, that it was not mentioned in the budget, it that it was not mentioned in the budget, it was a budget for good news budget,