Good afternoon, and welcome to the bbc news at one. The Prime Minister says the governments first budget in october will be painful. Sir keir starmer was speaking in the rose garden at Downing Street ahead of parliaments return next week. He said labour had inherited an economic and societal black hole, but the conservatives called the Speech A Distraction from the promises he had no intention of keeping. Our Political Correspondent Hannah Miller reports. On Hannah Miller reports. A Beautiful Day in the down street on a Beautiful Day in the Downing Street garden, the Prime Ministers message was not so sunny. Looking ahead to the autumn and signalling unpopular announcements to come. There is a budget coming in october. It is going to be painful. We have no other choice, given the situation we are in. Those with the broadest shoulders should bear the heavy a burden. I will have to turn to the country and make big asks of you as well. He country and make big asks of you as well. ,. ,. ,.
The Prime Minister has warned that the budget this october will be painful, in his first major speech from no 10 since becoming Prime Minister. Speaking in the rose garden, he said his government had inherited a black hole in the public finances, of £22 billion. Those with the broadest shoulders should bear the heaviest burden, he cautioned, but he also said there would be big asks of everyone. The conservatives responded by saying the speech was an indication that labour had been planning tax rises all along. Vicki young has our top story. Blue skies and sunshine, but the Prime Minister didnt come here to paint a rosy picture. He has accused the conservatives of wrecking the economy, leaving him to put it right. There is a budget coming in october. And it is going to be painful. We have no other choice, given the situation that we are in. Those with the broadest shoulders should bear the heavier burden. I will have to turn to the country, and make big asks of you as well. Its already
Accompanied by some brisk showers and gale force whence. Starting to see the colder air coming down from the north west. Clinging onto the mild weather across the south east corner. But as we move through the evening and into the early hours of friday morning, with temperatures falling away, bumping into some cold air, we could actually see some snow to greet us for the first day of march, but it will be above 200 metres. But enough to see a few centimetres starting to accumulate, so, Higher Ground perhaps across North West England and north wales, circulating around that area of low pressure. Plenty of frequent showers for many, top temperatures, cooler feel to the beginning of march, 6 9. Thats it. Im back at ten, but you can keep up with all the latest developments on bbc website. Now, lets join our colleagues for the news where you are. Hello, im olly foster heres whats coming up on sportsday. Christian horner has been cleared after facing allegations of innapropriate and controlli
Of the Biggest Companies in the world, owned by asias richest man, Mukesh Ambani mix it mixing that with the huge presence that disney has, there, means it is a huge disrupter for that sector, and itll probably be subject to Regulatory Approval because of that. Lets turn to the us, where its economy grew at an annual pace of 3. 2 from october through december. That figure is less than the commerce departments initial estimate. But Consumer Spending grew by 3 in the same period. Also, strong exports also contributed to Fourth Quarter growth. From the worlds biggest economy to the worlds Fastest Growing economy indias latest gdp figures are due out later today. The south asian country experienced an impressive first half of 2023. But then, its growth is expected to have slowed down in the last three months. The bbc S Archana Shukla explains. After an impressive first half of the year, Economic Growth is expected to slow down in the october to december quarter. What is taking it down is a
Of wales. None of the rain particularly heavy and quite a mild day at 12 or 13 degrees. Tonight heavier rain moves east across the Country Clearing from scotland and Northern Ireland were some blustery showers to follow. Very mild across a good part of england and eastern wales with temperatures in double figures over night. Tomorrow all change again, some colder air moving in across the vast majority of the uk behind this cold front. The front itself dragging its heels across east anglia and Southern England where it will be waning for a good chunk of the day. Sunshine and showers again for scotland and Northern Ireland, some of those showers having a bit of help mixed in. Ifeeling day. On into the forecast for friday, a low pressure set to move in. With this we get an occlusion somewhere around here and along that particular Weather Front were looking at the risk of seeing some hill snow. The greatest risk across the high ground of north wales, Northern England and the Southern Uplan