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Transcripts For BBCNEWS BBC 20240704

Good evening. The chancellor has been putting his final touches to his budget as he prepares to unveil it tomorrow it could well be the last one before the General Election. What is now expected is a 2p cut to National Insurance and another freeze on fuel duty. But could jeremy hunt go even further . Our Political Editor chris mason is here with his thoughts but before we hear from Chris Our Economics Editor Faisal Islam has been weighing up how much room for Manoevre The Chancellor has. The chancellor is hoping to use his Big Red Box Moment tomorrow to declare a definitive economic Turning Point after years of crisis and shocks. Certainly the path and forecast for Inflation Looks like that. Look at this inflation is falling back from its Energy Shock Highs towards the Bank Of England target. On the other hand, its a little tricky to talk about a Turning Point when as you see here, the economy just started shrinkng at the end of last year you can see a shallow recession, but one noneth

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