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or looking to buy how is this impacting you? do get in touch on twitter @annitabbc or use the hashtag #bbcyourquestions. price rises in the shops have hit another record high. figures show annual shop inflation accelerated to 5.7% in september. the president of ukraine has pledged to protect citizens in areas of his country which could be annexed by moscow after the kremlin held unofficial referendums. they will always say we are too small, too slow, too weak, too full of fear. and coming up actor michael sheen performs a new rendition of his world cup rallying cry to the wales football tea m. good morning and welcome to the bbc news channel. the international monetary fund which works to promote stability in the global economy has criticised the government s plans for tax cuts, warning the measures are likely to fuel the cost of living crisis. in an unusually outspoken statement the imf said the uk s developments were being closely monitered, and said untar ....
Package. i will try and interpret some of the language. it says the nature of the uk measures risks increasing inequality, top of the government to take, given everything it wants to do about levelling up, it wants to do about levelling up, it talks about closing the inequality gap. it says it doesn t recommend large, and targeted fiscal packages. it is important fiscal policy doesn t work at cross purposes with monetary policy. on targeted fiscal policies doesn t mean something for everyone either hasn t been stress tested by the office for responsibility so it hasn t been tested independently. working at cross purposes with monetary policy. fiscal policy is the government pushing believers to get the economy moving and monetary policies the bank trying to bring inflation down. the imf is pretty much saying they re working against each other, the government putting the accelerator down to put the economy on and the bank is putting the brakes on and it doesn t add up. in terms of respo ....
Good morning and welcome to the bbc news channel. the international monetary fund which works to promote stability in the global economy has criticised the government s plans for tax cuts, warning the measures are likely to fuel the cost of living crisis. in an unusually outspoken statement the imf said the uk s developments were being closely monitered, and said untargeted fiscal packages were not recommended during a period of high inflation. it warned the government it s mini budget risked increasing inequality. the white house also criticised the government s policy saying it was important to focus on fiscal prudence, and fiscal discipline . the pound dipped in asian trade this morning standing at around $1.00. the imf said that the government s fiscal plan in late november would give it an opportunity to re evaluate tax measures ....
Cuts for those earning hundreds of thousands of pounds. it has resulted in prices and mortgages going up. they have lost control of the economy. we understand when international issues, crises that fluctuations in the market but that is not this case. this is a situation where the government has self inflicted harm on our economy and people looking at mortgages and prices this morning will be worried sick, i think. i would not be surprised if they are a little bit angry the government has lost control of the economy, a self inflicted wound, and they are now picking up the bill. there is that question for the labour party about its spending plans, whether everything would add up, and it s worth pointing out that labour in its commitments to keep some of the cat tax cuts wouldn t be borrowing as much money as the ....
The government thinks the situation will stabilise and this is an immediate kneejerk nervous reaction and that the situation will stabilise, do you think there is a possibility it will? i stabilise, do you think there is a possibility it will? stabilise, do you think there is a possibility it will? i hope it does. i am a possibility it will? i hope it does. i am a patriot. possibility it will? i hope it does. i am a patriot, i possibility it will? i hope it does. i am a patriot, i believe - possibility it will? i hope it does. i am a patriot, i believe in - possibility it will? i hope it does. i am a patriot, i believe in our. i am a patriot, i believe in our country and i want our country to do well. my worry is we have a government who doesn t know what it is doing. they lost control of the economy. let s hope it stabilises. evenif economy. let s hope it stabilises. even if it does, doesn t mean they have the right policies. because we need to see more investment. we also need to ....