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Transcripts For BBCNEWS BBC News 20240707



and i m chris rogers the other stories on bbc news. several regions of ukraine occupied by russia begin voting in so called referendums on whether to become part of russia. protests continue across iran after the death of a young woman detained by the morality police . her father says they lied about how she died. and some promising news. scientists say a new type of cancer therapy is looking hopeful. hello, i mjoanna gosling, in westminster ahead of the government s mini budget annoncement this morning. the chancellor kwasi kwarteng is expected to unveil tax cuts and increases in public spending as part of plans to boost economic growth. it s not a full budget that s due later this year but it still has some pretty sizeable changes.let s have a look at what could be announced. the chancellor will confirm it will let people keep more of their earnings by cutting national insurance contributions & go through with the plan to cut corporation tax. the government cou ....

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Transcripts for BBCNEWS BBC News 20240604 08:16:00

There s going to be a lot of people left out in the cold and a lot of people are going to be left to die if the government don t do it correctly. it s so unfair, and it s not going to work. the government says prioritising economic growth will bring benefits to all communities, but many are watching closely to see whether today s plan will really help them. hannah miller, bbc news, burnley. i mention the chancellor was leaving shortly. let s bring pictures of him. no red box. this is not a budget day, this is a fiscal statement, a mini budget day. instead there is a blue folder. there he is, getting into his car and heading off to the commons, just ....

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Transcripts for BBCNEWS BBC News 20240604 08:30:00

We are expecting to hear from the chancellorshortly. he we are expecting to hear from the chancellor shortly. he will be on his feet in the commons outlining this mini budget, the special budget. many budget which is a fiscal statement. budget. many budget which is a fiscalstatement. let s budget. many budget which is a fiscal statement. let s talk about it with our economics correspondent. what are we expecting because obviously so much has been trialled? we are talking with some of the biggest measures expecting today that we have seen for a very long time. one of the biggest tax because we have seen in 30 years to follow one of the biggest tax rises by a government that the members of the current government were in just a few months ago. we are talking about national insurance, the rise in national insurance, the rise in national insurance, the rise in national insurance and able to pay for social care, national insurance and able to pay forsocial care, but national insurance and ab ....

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Transcripts for BBCNEWS BBC News 20240604 08:09:00

Energy price guarantee has run out and the government is banking on tax cuts to deliver the growth to pay for that. most economists in the old br would be included in that doubt that that will work. old br, it appears as though that we do not know this is the case but i think the most obvious conclusion is to draw that the 0br would have provided a message that would be unhelpful to the government and that is what they have been sidelined. liz truss said that the reason for proceeding in this fashion is to hit the ground running and that there will be a full budget later in the year, we are expecting in november, although it is not confirmed and at that point the 0br analysis would be included. do you doubt the government s commitment to the 0br? we have not had a clear statement either way so we cannot be sure. a ....

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Transcripts for BBCNEWS BBC News 20240604 08:02:00

Later this year but it still has some pretty sizeable changes.let s have a look at what could be announced. the chancellor will confirm it will let people keep more of their earnings by cutting national insurance contributions & go through with the plan to cut corporation tax. the government could also cut other taxes such as stamp duty and lift the cap on bankers bonuses which was brought in after the financial crash. and there could be a tightening of the rule around universal credit. the tax cutting plans under consideration could cost at least £30bn. the statement will come at about half past nine. let s speak to our chief political correspondent, nick eardley. good morning. there is not much many about what has been called a mini budget, in the next half hour, the jan slack will announce the single ....

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