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BBCNEWS BBC News June 4, 2024 08:03:00

especially those that benefit high income earners. the current uk government proposals would scrap the top rate of income tax, and end a cap on bankers bonuses, among other measures. the announcement on friday sparked financial turmoil, as investors dumped the pound. on monday the pound fell to record lows against the dollar. some of the country s biggest lenders suspended mortgage deals amid the uncertainty. the treasury said: we are focused on growing the economy to raise living standards for everyone. adnan mazarei, former deputy director at the imf speaking on the today programme to sean farrington gave this reaction. the imf doesn t make such strong statements about g7 countries. these statements are common with regard to emerging market countries with problematic policies, but not often about g7 countries. ....

Income Tax , Government Proposals , Evenif Economy , Adnan Mazarei , Mortgage Deals , Sean Farrington , Doesn T ,

BBCNEWS BBC News June 4, 2024 08:05:00

Lender of is the imf and its role. it is the lender of last is the imf and its role. it is the lender of last resort, is the imf and its role. it is the lender of last resort, the - lender of last resort, the international monetary fund, a big bank, the world s overdraft, really, stepping in when countries are in dire financial need and prop them up. it has a constant watch over the global economy, gets involved when it sees a fire potentially breaking out and sees if it can dampen it. it has made comments in the past by the uk, in 2008 george osborne after the financial crash, he said he was playing with fibre with some of his policies. i must stress the government is looking for any kind of bailout, this isn t the imf going to the imf to ask for anything, they have felt the need to intervene and make some comments. they felt the need to intervene, how unusual is it for an organisation like the imf to do this, to make the source of comments? it is rare, we heard sir keir starmer ....

Evenif Economy , Lender Of Last Resort , International Monetary Fund , World S Overdraft , British Government , George Osborne , Keir Starmer ,

BBCNEWS BBC News June 4, 2024 08:52:00

Attractive tax packages to make sure there is more investment, more growth in the economy. i m joined now by sir ed davey, the leader of the liberal democrats, who is calling for parliament to be recalled from its autumn recess. to recalled from its autumn recess. discuss this. thar for to discuss this. thank you very much forjoining us on the bbc news channel, sir ed. john redford saying he doesn t make the government should be responding to the imf, saying we don t want a spat or a dialogue. would a dialogue be good in your opinion? in your opinion? millions of people are incredibly in your opinion? millions of people are incredibly worried in your opinion? millions of people are incredibly worried at in your opinion? millions of people are incredibly worried at the - are incredibly worried at the moment. struggling families and pensioners have already seen inflation go up on food and energy and fuel. now they are worried that their mortgages are going to go through the roof. ....

Evenif Economy , Ed Davey , Liberal Democrats , Autumn Recess , British Government , John Redford , Bbc News Channel ,