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ALJAZ Witness A Sky Without Stars October 17, 2022

Hello, im nick clark and how the top stories here on al jazeera and u. K. Chancellor jeremy hunt says he will reverse almost all budget plans that spot panic on the market. Hes just on bail tax and spending measures 2 weeks earlier than planned. The most important objective for our country right now is stability. Governments cannot eliminate volatility in markets, but they can play their part. And we will do so. Because instability affects the prices of things in shops, the cost of mortgages and the values of pensions. That will be more difficult decisions, im afraid, on both tax and spending. As we deliver our commitment to get debt falling as a share of the economy over the medium term was here now from journal hole whos outside the bank of england with more the cut in the basic rate of tax gone. The cut in dividends, taxes gone, the cut in alcohol, duty rates gone, that free shopping. Gone. And so on. All of it, he said saving some 32000000000. 00 pounds per year with more
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