Announcements from the budget starting with tax. The chancellor has announced that National Insurance will be cut by another 2p. He says the cut which will begin next month is worth £450 a year for each worker. Mr hunt also announced. 0n taxes there will be a new tax on vaping products that will start in october 2026. The chancellor says thatis october 2026. The chancellor says that is to maintain the financial incentive to choose vaping over smoking. The chancellor finished his statement by Attacking Labour for the economy. We statement by Attacking Labour for the economy the economy. We today put this country back the economy. We today put this country back on the economy. We today put this country back on the the economy. We today put this country back on the path the economy. We today put this country back on the path to the economy. We today put this | country back on the path to lower taxes. Allowed to grow the economy versus no plan. A plan to Better Public Services versus no p
Ministers questions. It is always a little different, the pmqs ahead of the budget. He has vacated the chair for the Deputy Speaker. She will be going through some of the notices ahead ofjeremy hunt, the chancellor, delivering his Budget Statement. He will take to his feet shortly and will probably speak for about an hour shortly and will probably speak for Aboutan Hourand shortly and will probably speak for about an hour and then it will be the turn of the leader of the opposition, keir starmer to respond. We will take both of those live and uninterrupted and we will then have reaction from the Chief Secretary to the treasury, laura trott, part of the treasury, laura trott, part of the Treasury Team and her shadow for labour. Here isjeremy hunt. Madam Deputy Speaker, as we mourn the loss of life in israel and gaza, the loss of life in israel and gaza, the Prime Minister reminded us of the Prime Minister reminded us of the need the Fight Extremism and heal divisions. I start today by r
But we know we can make things work better. That is the way well open ultimately get the rising Living Standards we all want to see. You talk about wanting to get that revenue in and increase spending on Public Services, but your u turn, if we can call it that, or this this moment of that green Prosperity Plan just sort of indicates the challenges that all Political Parties face at the moment. Many things like the green Prosperity Plan just cant be costed at the moment. ,. , moment. After the disaster of the liz truss minibudget moment. After the disaster of the liz truss minibudget and moment. After the disaster of the liz truss minibudget and the moment. After the disaster of the j liz truss minibudget and the rise Liz Truss Mini Budget and the rise in Interest Rates, we had to change some of those plans. But our plan remains a fundamental part of our offer. Its our National Fund and four gigabytes energy to work on the front tier, new technologies in the future. Gb gb engery. Any b
that does it for us on this friday morning, ana cabrera picks up the coverage right now. happy friday. so glad you are with us. it s 10:00 eastern. i m ana cabrera reporting from new york, and it may be friday, but there s still a lot of news this morning, including big economic shifts. we just got the april jobs report, and instead of the decline economists expected, unemployment numbers ticked down. the unemployment rate is 3.4%. jobs were added, many more than expected. that is some good news, but with interest rate hikes, banking turmoil, layoffs, and store closures, how do you assess the state of the u.s. economy? former new orleans mayor mitch landrieu who s also a senior adviser to president biden will join us. plus, a judge could hand down a record sentence for a january 6th rioter today. how long that defendant could spend behind bars. and we re following reaction to the historic verdicts against members of the proud boys. what does it all reveal about the
determine the balance of power here in washington. joe biden is spending like a drunken sailor at every single opportunity. he just says yes. i ve stood up to democrats when they re wrong on this issue including, by the way yes? including the president. when the president decided to do something dumb on this and change the rules, you know, that would create a bigger crisis, i told him he was wrong. back to that in a moment. up first, strong new economic numbers and why they just might clash with how you feel about things right now. the government s monthly jobs report came out, 263,000 jobs were added to the economy in september. and you see upward revisions in the july and august numbers, too. unemployment falling to the lowest level in 50 years. 3.5%. the superlatives are plenty. 21 consecutive months of job growth. half a million more jobs now than in february 2020. wage growth up, too, but a little bit slower. americans going back to the office. in normal time