welcome to the programme. it was budget day here in britain today. a big set piece annual event in which the chancellor stairs into the crystal ball, and tries to predict the future and how best to steer the uk economy through it. the obstacles in his way are common to europe and the united states. high inflation, higher interest rates, and since the pandemic, an intractably acute labour shortage. this graph trackjob vacancies across europe since august 2022, historically high after the pandemic, but you will see the uk, the red line at the very top, is struggling more than most. with 1.1 million vacancies. if more people are employed, more people are paying tax. the good news for the chancellor is that the uk will swerve recession this year thanks to growth returning by the summer. but the economy will still contract by 0.2%. and any brighter news, is tempered by slower growth over the long term. mr hunt said the uk would only grow by 1.8% next year and byjust 2.5% in 2025
rest at the royal family s official scottish residence after arriving sunday in edinburgh where crowds turned out to pay their final respects. in the hours to come, the queen s coffin will be taken in procession from the palace of holyrood house to st. giles cathedral for a prayer service. god save the king played as charles iii was proclaimed king across the uk, including in scotland. he was formally confirmed as the new monarch on saturday before meeting with commonwealth leaders in london on sunday. and in the hours ahead, king charles will visit westminster hall where he ll receive condo lances from both houses of parliament. he will later depart for edinburgh to take part in the service for the queen. royal historian kate williams joining me now here at buckingham palace. and it is a busy day ahead. we also have nic robertson standing by with more from edinburgh. let s start with you, kate. king charles iii well and truly now ensconced in his new role. it is a busy day
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