the rate of national insurance currently sits at 12% but will go down to 10% from tomorrow. the change will apply to earnings over £12,571 up to the higher tax rate band starting at £50,270. so how will the national insurance tax cut affect you and your money? you ve sent in some questions so let s give you some answers. and jasmine birtles, personal finance expert and ceo/founder of moneymagpie. so so let s start with one of our questions. how do ni cuts impact those who rely on the state pension only? yes, they don t affect those on state pensions because if you are on a state pension you don t pay national insurance. that is one of the big talking points about this tax change because it is 27 million workers who are feeling the effects of the tax cut. and clearly, there are some pensioner groups who are saying what about us? but clearly, the chancellor wanted to direct this tax cut at people who are working. and that is the reason why he has gone for a national insurance
hello, i m with your top business stories. should one of britain s most influential newspapers be owned by the abu dhabi royal family? that s a question the uk government has been grappling with since the 169 year old daily telegraph agreed to a major investment from a uae backed firm late last year. redbird imi is backed by shekih mansour bin zayed al nahyan who also owns manchester city football club. the deal has been put on hold until later this month while uk media regulators examine it. but the man leading the bid, the former boss of cnn jeff zucker, has dismissed concerns about editorial interference by the gulf government at the telegraph and its sister magazine the spectator. speaking exclusively to our business editor simonjack, he said the deal will provide much needed investment in uk journalism. we think it is a two terrific brands that have been under invested in for a long time and is a great opportunity to export these brands, to invest in these brands, br
action in what will be the biggest ever nhs walk out in england. we are still hopefully on track and getting waiting lists below a year at the end of march. the more strikes we have, the more challenging that becomes. at the moment, ourstaff challenging that becomes. at the moment, our staff are working incredibly hard to get the waiting lists down. let us know how the strikes are affecting you and do you support them? you can get in touch with your thoughts on this story and the rest of the days news by contacting me on twitter @annitabbc or using the hashtag #bbc your questions we re bringing you special coverage of breaking news this hour a powerful earthquake which has struck northern syria and south eastern turkey, killing more than 640 people. the tremor had a magnitude of seven point eight, and struckjust before dawn. the epicentre was in the turkish province of gaziantep but buildings collapsed hundreds of miles away, and there are also reports of many casualtie
wind and solar energy. before we get to those business stories, reminding of our breaking news. a temporary truce between israel and amassing gaza, that s lasted for seven days, has now expired. it ended at seven, local time, five o clock here in london. israel s military says it has resumed combat against i maths in the gaza strip and has accused the palestinian group of violating the terms of the truce and firing towards israeli territory. these are life pictures taken from gaza into southern israel. hamas you can see their plumes into the skyline explosions can be heard. the military also said a rocket was fired towards gaza towards israeli territory around an hour before the truce was scheduled to expire. the israeli military saying hamas had indeed violated the pause inviting. returning to the business news for the day. faster than a porsche, and tougher than bullets that s the boast of tesla boss elon musk about the company s cybertruck. and on thursday he made goo