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The Prime Minister has warned that the budget this october will be painful, in his first major speech from no 10 since becoming Prime Minister. Speaking in the rose garden, he said his government had inherited a black hole in the public finances, of £22 billion. Those with the broadest shoulders should bear the heaviest burden, he cautioned, but he also said there would be big asks of everyone. The conservatives responded by saying the speech was an indication that labour had been planning tax rises all along. Vicki young has our top story. Blue skies and sunshine, but the Prime Minister didnt come here to paint a rosy picture. He has accused the conservatives of wrecking the economy, leaving him to put it right. There is a budget coming in october. And it is going to be painful. We have no other choice, given the situa ....
Degrang in geneva before heading into the first round of talks. They lasted about two hours, the two president s as well as Secretary Of StateAntony Blinken, Russian Foreign minister sergey lavrov. Larger groups under way trying to hash out a possible agreement. Good morning to you. Im jim sciutto Live In Geneva. Great to have you there, jim. Im poppy harlow live in new york. The sitdown comes as President Biden looks to send a clear meggs to his russian counterpart in a relationship he says has reached a low point. So what can the two leaders accomplish over the course of today . Theres a lot on this agenda from nuclear arms to Climate Change to re ....
Degrang in geneva before heading into the first round of talks. They lasted about two hours, the two president s as well as Secretary Of StateAntony Blinken, Russian Foreign minister sergey lavrov. Larger groups under way trying to hash out a possible agreement. Good morning to you. Im jim sciutto Live In Geneva. Great to have you there, jim. Im poppy harlow live in new york. The sitdown comes as President Biden looks to send a clear meggs to his russian counterpart in a relationship he says has reached a low point. So what can the two leaders accomplish over the course of today . Theres a lot on this agenda from nuclear arms to Climate Change to re ....
What is the most glaring or salient way in which the transatlantic relationship is likely to change with the incoming biden administration. Well biden also people have picked for his cabinet and his kind of close coworkers are very committed to transit lantus as spies having that said we have to keep in mind that it was president obama who came out with this doctrine leading from behind and this is something President Biden will continue to do he will ask your own people ask. Germany to pay their fair share in the Defense Community to pay more money for their own military equipment so its gonna be a tricky part for President Biden because for sure he doesnt want to send back troops overseas and hurt military families that wouldnt be good policies either so its going to be tricky but i think it is fair to say that he ....
Probably not today ahead of another call between Commission President ursula and british Prime MinisterBoris Johnson. U. K. Banks and Home Builders suffered the brunt of the selling as the ftse 100 outperforms the spot 600 and the pound stays under pressure well, a very good morning and welcome to street signs, everybody. Our top story of the day, no surprise, brexit as talks enter the 11th hour. And we have plenty of coverage this morning were going to get into all the detail, all the latest in just a moment but i want to kickoff by showing you the Market Reaction because its been pretty interesting the moves weve seen so far. Starting with sterling, which is trading up 1. 5 versus the dollar, so current ....