hello and welcome to bbc news. ministers are to formalise their committment to a skills revolution in england, with a series of measures to be unveiled in the chancellor s budget on wednesday. in his autumn statement, rishi sunak will announce £1.6 billion to roll out new t levels for teenagers and £550 million for adult skills. college leaders say the funding is welcome, but doesn t go far enough. here s our political correspondent, nick eardley. what we want to see is a high wage, high skill economy. the government says it wants to change the way the uk economy works, moving to a higher skilled, more productive workforce which earns more money. in this week s budget, the chancellor will have the task of setting out more about how we get there, and key to his plans will be what the government is selling as a skills revolution. rishi sunak will announce £1.5 billion for t levels in england for up to 100,000 young people to train for vocational qualifications. there w
it s of an alec baldwin movie. yours, sold, congratulat and, gone for $110 million a las vegas hotel auctions off its collection of picasso artworks. the chancellor, rishi sunak, has promised investment across the board in public services in his budget on wednesday. he said that while his instincts were to cut taxes, he was having to grapple with the biggest economic shock for 300 years from covid, borrowing at its highest since world war two, and a backlog in the nhs. he also committed additional spending on skills training in england. our political correspondent charlotte rose told me more. the chancellor has had to spend billions of pounds of taxpayers money to prop up the economy and support individuals, families and businesses through the past couple of years. he wants to be seen as a low tax chancellor but it seems like that isn t an option for him at the moment. he wants to prove to his party that he can be tough, that he can resist those who call for money to be
hello and welcome if you re watching in the uk or around the world. the uk chancellor, rishi sunak, has promised investment across the board in public services in his budget on wednesday. he said that while his instincts were to cut taxes, he was having to grapple with the biggest economic shock for 300 years from covid; borrowing at its highest since world war two; and a backlog in the nhs. our political correspondent, charlotte rose, has been assessing mr sunak s options in the budget. the chancellor has had to spend billions of pounds of taxpayers money to prop up the economy and support individuals, families and businesses through the past couple of years. he wants to be seen as a low tax chancellor but it seems like that isn t an option for him at the moment. he wants to prove to his party that he can be tough, that he can resist those who call for money to be spent in all areas. but we had an interesting message this morning because you might have thought he would r
investment in public services. on questions about the rising cost of living, the chancellor said current inflationary pressures are global and he does not have a magic wand to reduce them. here s our political correspondent, charlotte rose. the damage. the government has spent billions on the furlough scheme and other support for families and businesses in the past 18 months. many expected the chancellor to rein that in, but it seems the purse strings may still be loose. ,. ., ., , seems the purse strings may still be loose. ,. , , loose. children, schools, skills, all of these loose. children, schools, skills, all of these things, loose. children, schools, skills, all of these things, policing - loose. children, schools, skills, all of these things, policing and| all of these things, policing and crime, you will see investment across the board in public services because that is what we were elected to deliver and that is what we are getting on and delivering. rishi sun