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BBCNEWS World Business Report July 6, 2024



let s start here in the uk, where, in a few hours time, the chancellorjeremy hunt will unveil his first budget, where he will outline the government s big decisions on spending, and plans for raising or lowering taxes. among the measures he s expected to unveil is a significant expansion of free childcare provision. it s part of a strategy to get more people back to work, given the shortage of staff in some key sectors. the chancellor is also expected to announce a rise in the tax free limit for pension contributions, to encourage people to stay in work for longer. the latest economic figures underline the challenge facing the government, as well as the pressure on household and business budgets. here s our economics editor faisal islam. it is back to work budget, that s a promise, and it was centre on one of the biggest ever expansions of childcare for england with equivalent funding for other nations. parents of one and two year olds will get the same 30 hours of sup ....

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BBCNEWS World Business Report June 4, 2024 05:33:00

Putting it on for an extra hour. yeah, i m just generally really looking forward the warmer weather, really looking forward the warmerweather, not really looking forward the warmer weather, not only because that will be lovely, but also because it means that i don t have to worry about my bills as much. bills as much. but there will be further bills as much. but there will be further helped bills as much. but there will be further helped with - bills as much. but there will. be further helped with energy bills. the main driver of high inflation. you can see here where energy bills would have gone with no help in the lighter shade. the government has spent tens of billions of pounds just to keep has spent tens of billions of poundsjust to keep bills has spent tens of billions of pounds just to keep bills at £2500 for a typical household, and while that was due to rise to £3000 injust a and while that was due to rise to £3000 in just a few weeks time, we understand that will be ....

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