The most and conservative thing i could do would be to cut taxes by increasing borrowing. Thats just cutting taxes and saying future generations have to pick up the tax after. I wont to do that. But i do want, where its possible to do so, responsibly, to move towards a lower tax economy, and id hope to show a pass in that direction. But this will be a prudent and responsible budget for long term growth, tackling inflation, my investments, morejobs, and thats path to lower taxation as and when we can afford it. But you said also, that the forecast from the obr, which is the economic watchdog which marks your homework, you have said that the numbers have gone against us. So the picture is bleaker than it was at the beginning of the year . Why then are you looking now to cut taxes at all . These forecasts change the whole time. What happened in the autumn was that the forecast went in our favour unexpectedly, quite close to the end. So i was able to introduce the biggest business tax cuts
If hamas is ready to release the most vulnerable israeli hostages it holds. But one egyptian official says there are still technical issues to resolve, including agreement on the number of palestinian prisoners the israelis would be prepared to release in exchange. The us has carried out its first airdrop of humanitarian aid for gaza on saturday with more than 30,000 Meals Parachuted by three military planes. Inside gaza theres a desperate need forfood. The Hamas Run Health Ministry has said 15 children have died of malnutrition and starvation in gazas Kamal Adwan Hospital in the north of the strip. The head of the norwegian refugee council, jan egeland, who has visited the area, says there is now a famine in Northern Gaza. I think there is a famine in the north. Yes. There is no other way to describe what has befallen on the 300,000 people who live in the ruins of the north and who havent had really any aid for a very long time, because israel is not opening the border crossings from
who are using the power of boxing to help improve the lives of people with parkinson s. good afternoon. the government has defended its sweeping range of tax cuts from criticism that they favour the better off. the chancellor kwasi kwarteng s package of measures include scrapping the top rate of income tax for the highest earners and reducing the basic rate by a penny moves the government says will promote growth. the institute for fiscal studies says the richest who pay the most tax will benefit most from a cut. our political correspondent, helen catt, reports. it s an all out attempt to grow the economy with the biggest tax cuts in four decades. at spitalfields market, in east london, they are taking stock of a mini budget that s signalled a massive shift in political direction. what do you make of moves like reversing the national insurance rise? will that help, do you think? i think it probably will help, yes, to a degree, but it depends what bracket you are in in t
Showers coming into eastern england, then a few developing in linfield then a few developing in linfield the midlands in particular. for scotland and northern ireland, dry in northern ireland, that are a few showers in scotland, plenty of sunshine here, similar temperatures to yesterday. showers developing england and wales, they will tend to decay this evening, one or two getting blowing in off the north sea. generally dry overnight, but it is going to be cold, temperatures could slip away to 4 or 5 degrees. not quite so chilly in the north west of scotland and perhaps, winds picking up year, they will freshen across parts of the country. sunny start for england and wales, a of cloud bubbling up, the odd shower for scotland and northern ireland, gail is a north west and a spell of rain in the afternoon for northern scotland. hello. this is bbc news. i m annita mcveigh and these