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BBCNEWS BBC News July 7, 2024

with the murder of nine year old olivia pratt korbel. she was shot in her home in liverpool in august. king charles and the queen consort camilla visited dunfermline on their first official engagment since the period of royal mourning came to an end. and coming up we meet mr doodle the man from kent who makes his living from doodling and has covered his whole house in drawings. hello, if you havejustjoined us welcome to bbc news. just to remind you we will have live coverage of the chancellor kwasi kwarteng s speech to the conservative party conference later. he has been forced into a dramatic u turn to scrap the 45p top rate of income tax. the decision to ditch the policy a decision which mr kwarteng confirmed this morning came less than 2a hours after the prime minister liz truss had publicly defended it. in a statement, mr kwarteng said the 45p tax plan had become a huge distraction and that the government had listened to people s concerns. yesterday on the ....

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BBCNEWS BBC News June 4, 2024 13:08:00

Devolution over the years. either way the plans have now gone. is it government minister s aim to answer this question. if it isn t necessary because it doesn t raise much revenue, why do it in the first place? it much revenue, why do it in the first lace? , ., , , place? it is really interesting because there place? it is really interesting because there is place? it is really interesting because there is actually - place? it is really interesting j because there is actually two dynamics of this. one is the politics of it, the judgment in the first place. politically why did they choose to do that? that is something tory mps have been concerned about. then the politics around the u turn because tory mps will be saying we put pressure on the government, we made our concerns clear in public, and now they have listened and actually made a decision to u turn on that. so they think maybe we can have some impact elsewhere. there is the economics of it too so it s not a great big revenue ....

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BBCNEWS BBC News June 4, 2024 14:02:00

This afternoon after being forced into a dramatic u turn over his plan to scrap the 45 pence top rate of income tax. the decision to ditch the policy a decision which mr kwarteng confirmed this morning came less than 24 hours after the prime minister liz truss had publicly defended it. in a statement, mr kwarteng said the 45p tax plan had become a huge distraction and that the government had listened to people s concerns. yesterday on the bbc the prime minister said she was absolutely committed to the policy and that she would not abandon it. the move would have benefitted those earning more than £150,000 a year, a number of conservative mps had suggested that they were likely to vote against it in the house of commons. 0ur political correspondent ione wells reports from the political conference in birmingham it was meant to be the chancellor s ....

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BBCNEWS BBC News June 4, 2024 14:06:00

Ione wells, bbc news, birmingham. leila nathoo is at the conservative conference for us. leila what are we now expected to hear from the chancellor? irate leila what are we now expected to hear from the chancellor? we have received a draft hear from the chancellor? we have received a draft of hear from the chancellor? we have received a draft of the hear from the chancellor? we have received a draft of the speech - hear from the chancellor? we have received a draft of the speech we i received a draft of the speech we were briefed on the normal way that is why it was on the front pages, no mention of the decision to drop the plans for cutting the 45p tax rate 46p in scotland. he is going to have to address that isn t he? yes 46p in scotland. he is going to have to address that isn t he? to address that isn t he? yes you could expect to address that isn t he? yes you could expect that to address that isn t he? yes you could expect that speech - to address that isn t he? yes yo ....

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BBCNEWS BBC News June 4, 2024 14:04:00

For example, that essentially meant that the average household bill for energy will be £2500. the move has been welcomed by some tory mps. we have a plan for growth and it s going ahead. if you re borrowing money to cut taxes for people - who are already better off, - then the public, who for example, one constituent said, - i m taking on extra shifts because mortgage rates- are going up because inflation has to be fought but also - because you are borrowing money to be fought but also because you are - in order to run these tax cuts and that is a combination - borrowing money in order to fund these tax cuts and that is a - that doesn t work. combination that doesn t work. hopefully, moving on from the 45p rate conversation allows you to get back into the growth and funding public services and what it s all meant to be about. i think it s the correct decision. have been talking about over the last week or so, which is the tens of billions of pounds the government is spending to suppor ....

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