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the chancellor has confirmed that the costs of the energy price cap will be funded by borrowing. leaving the eye watering windfall profits of the eye watering windfall profits of the energy giants untaxed. the oil and gas producers will be toasting the chancellor in the boardrooms as we speak while working people are left to pick up the bill. borrowing higher than it needs to be, just as interest rates rise. and yet the chancellor refuses to allow independent economic forecast to be published which will show the impact of this borrowing on our public finances, on growth and on inflation. it is a budget without figures, and menu without prices, speaker, what has the chance i got to hide? this statement is an admission of 12 years of economic failure. and now here we are, one last throw of the dice. one last claim that these ministers will be different. forall the claim that these ministers will be different. for all the chopping and changing, all the chaos and confusion, there ....
unsuited to that of a home secretary. there are now two prime ministers around the cabinet table in downing street, as former pm david cameron re enters number 10 as the new foreign secretary. we ll look at who s in, who s out and asssess the reaction to rishi sunak s major government reshuffle after the sacking of home secretary suella braverman this morning. we ll also hear, live, from the prime minister, later in the programme. he ll deliver a keynote foreign policy speech at an event in london tonight. and of course, we ll have the latest from gaza, as the war enters its sixth week. the largest hospital there says it can no longerfunction properly as heavy fighting continues in the north of the strip. the former prime minister david cameron has made a dramatic return to government as foreign secretary, as part of a major cabinet reshuffle by rishi sunak. mr cameron said although he disagreed with some individual decisions made by mr sunak, he believed the prime mi ....
Said that labour believes - i said when she said. when she said that labour believes in. i said that labour believes in. kwasi said that labour believes in. kwasi kwarteng has stood up again. the chancellor to respond to the shadow chancellor that brings us to the end of that fiscal event. many budget. not so many budget. you are watching a politics life special and we would like to welcome viewers watching on the bbc news channel. with me are the bbc political editor vicky young, faisal islam. we are joined by pauljohnson of the institute for fiscal studies, welcome. let sjust institute for fiscal studies, welcome. let s just start with a few of quite jaw dropping announcements that were made, some of them expected, others were not. the ones not expected certainly know where the rabbits being pulled out of the hat towards the end of the statement to abolish the top 45% rate of tax and also a cut to the basic rate of income tank from 19% to the start of ....
Hancock issued after the exchange ofi hancock issued after the exchange of letters was published between downing street and the former health secretary, warm words exchanged on both sides in those letters. just as our deputy political editor vicky young came into the studio to speak about that, news broke that sajid javid had been appointed as matt hancock s success. i javid had been appointed as matt hancock s success. hancock s success. i ust think, artl hancock s success. i ust think, partly matt hancock s success. i ust think, partly matt hancock hancock s success. i just think, partly matt hancock had - hancock s success. i just think, partly matt hancock had to - hancock s success. i just think, partly matt hancock had to go l partly matt hancock had to go because of the charge of hypocrisy, we saw when dominic cummings broke the rules, tory mps were bombarded with e mails and complaints about the idea that it is one rule for them and one rule for everybody else. matt hanc ....