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Transcripts For BBCNEWS BBC 20240704

Threshold. And much. For our viewers, you about the threshold. And the much. For our viewers, you about the threshold. And the allowance. Much. For our viewers, you about the threshold. And the allowance. What l threshold. And the allowance. What is the difference . Personal allowance and then weve been talking about Tax Thresholds as well. ,. ,. Talking about Tax Thresholds as well. ,. ,. ,. ,. ,. ,. , well. The personal allowance is that first threshold. Well. The personal allowance is that first threshold. Everyone well. The personal allowance is that first threshold. Everyone who well. The personal allowance is that first threshold. Everyone who earns| first threshold. Everyone who earns a wage in the uk can earn 12500 and 70p and not pay a penny of income tax on that money. The problem for us is when inflation starts to push our wages up, us is when inflation starts to push ourwages up, and us is when inflation starts to push our wages up, and we are earning more than that, that w

Transcripts for BBCNEWS BBC News 20240604 17:35:00

and we have had those forecasts from the obr, and we have had those forecasts from the 0br, the office for budget responsibility, very tough times economically, that the country is in. let s get reaction to the measuresjeremy hunt in. let s get reaction to the measures jeremy hunt announced in. let s get reaction to the measuresjeremy hunt announced in the commons earlier today. let s talk to the shadow business secretary, labour sjonathan secretary, labour s jonathan reynolds. secretary, labour sjonathan reynolds. good evening. many thanks for your patients, i know you have been sitting listening to nancy pelosi as we ll have so thanks for staying with us. your thoughts about what has been unveiled, given the backdrop, the economic situation the country was in, the task facing jeremy hunt, your thoughts. it is another month, jeremy hunt, yourthoughts. it 3 another month, another conservative budget and another budget where people at home will look at it and ask, am i better off, wor

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