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BBCNEWS BBC News July 7, 2024

report has just told uncomfortable truths and it has to be dealt with. air raid sirens sound in kyiv officials say russia is using self detonating drones to attack the ukrainian capital. good morning and welcome to bbc news. the new chancellorjeremy hunt is to deliver an emergency statement on the economy this morning, bringing forward measures a fortnight earlier than expected. it s expected there ll be a delay in the plan to cut the basic rate of income tax from 20p to 19p, that would be yet naother u turn from the mini statement that caused such turmoil on the financial markets. in an effort to calm those markets, the chancellor will bring forward measures from the so called medium term fiscal plan how he ll pay for the measures announced in the mini budget last month. yesterday he told the bbc that he was not taking anything off the table in terms of tax and spending. already on friday liz truss announced an £18 billion u turn on scrapping an increase in corporat ....

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BBCNEWS BBC News June 4, 2024 08:26:00

We will have more on the political situation unfolding in westminster here on bbc news, as we are getting that emergency statement from the new chancellorjeremy hunt this afternoon in the house of commons. obviously he is going to be talking to the media ahead of that in an effort to calm the markets, reassure the markets, which we have seen a positive reaction from so far today after the comments from him over the weekend and the bank of england have also stopped buying their emergency gilts that has all calmed down for now. at the government will want to see is that its longer term reassurance for the markets. we will have plenty more on that, so do stay with us. now it s time for a look at the weather with matt. good morning to you. wet start to the daybed mild for many of you. ....

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