Stay updated with breaking news from Nota plan. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
or looking to buy how is this impacting you? do get in touch on twitter @annitabbc or use the hashtag #bbcyourquestions. price rises in the shops have hit another record high. figures show annual shop inflation accelerated to 5.7% in september. the president of ukraine has pledged to protect citizens in areas of his country which could be annexed by moscow after the kremlin held unofficial referendums. they will always say we are too small, too slow, too weak, too full of fear. and coming up actor michael sheen performs a new rendition of his world cup rallying cry to the wales football tea m. good morning and welcome to the bbc news channel. the international monetary fund which works to promote stability in the global economy has criticised the government s plans for tax cuts, warning the measures are likely to fuel the cost of living crisis. in an unusually outspoken statement the imf said the uk s developments were being closely monitered, and said untar ....
six means biological six. now, labour like to talk the country down. they want to pretend that everything would be great if they have never left office and pretend that somehow we have not achieved anything, but that is just simply not right. remember the note that said there is no money left, when labour left office in 2010, unemployment was higher than when they came into government. public and private debt was accumulating, the banking system is broken, the deficit was ballooning, and even labour accepted that after years of spending, significant cuts in expenditure were required. they went into the 2010 election admitting they would have to make cuts. labour left britain on the brink of bankruptcy. and worse, the money that labour had put into public service had not been accompanied by sufficient reform. labour s welfare system was more about disguising how many people are out of work than actually getting people back into employment, and for all the money that labo ....
Doesn t do to say to the investors wait until november and then we will give you more detail. that looks like the government hasn t done the detail yet. what the government wants to be doing is doing the detail and consulting with all the stakeholders and then coming to the world with what looks like a well developed and credible plan so that if the imf disagrees with it the government can come out, send all its ministers out to explain why it is that they disagree with the imf and why and how they have had discussions with the imf about it. let me pick up on the point about coming out and explaining the thinking. if you are able to hear my conversation with our chief political correspondent a few minutes ago, i was asking why, apart from a treasury statement, had we not seen the chancellor commended the prime minister or any other senior government figure coming out and doing interviews to try to allay ....
Different directions. your thoughts on that? ., , different directions. your thoughts onthat? ~ ., , ., , on that? also that is really problematic. on that? also that is really problematic. this - on that? also that is really problematic. this is - on that? also that is really problematic. this is about| on that? also that is reallyl problematic. this is about a confidence game. the animal spirits of the markets you don t want to unleash against you, you want to show that you are a well organised government with a stable and very well thought through plan and that the whole government and the bank of england are all working as well. so now there is a lot of ground to recover because somehow you have to show that there is real coherence across all these policies. and asking the bank of england to step in to shore up the pound when the only real thing it can do is massively increase interest rates at a time when the government is trying to stimulate growth, that doesn t work. so ther ....
Good morning and welcome to the bbc news channel. the international monetary fund which works to promote stability in the global economy has criticised the government s plans for tax cuts, warning the measures are likely to fuel the cost of living crisis. in an unusually outspoken statement the imf said the uk s developments were being closely monitered, and said untargeted fiscal packages were not recommended during a period of high inflation. it warned the government it s mini budget risked increasing inequality. the white house also criticised the government s policy saying it was important to focus on fiscal prudence, and fiscal discipline . the pound dipped in asian trade this morning standing at around $1.00. the imf said that the government s fiscal plan in late november would give it an opportunity to re evaluate tax measures ....