Hello there, welcome to newcastle, on the Dayjeremy Hunt delivered his budget, in what is almost certainly, a general election year. Were on the citys Iconic Quayside Overlooking the magnificent river tyne, an area steeped in industrial history, and weve been gauging reaction, to the chancellors plans. Among todays annoucements, the government is to cut National Insurance, by 2p in the pound for employees and the Self Employed. Full Child Benefits will be paid to households, where the highest earning parent, is getting up to £60,000. The current limit is £50,000. And, the non dom tax regime, for uk residents whose permanent home is overseas, is to be replaced with new rules, from april next year. Well, the office for budget responsibility, says the average tax payer, is going to pay more in the coming years. It predicts 37 pence of every pound will go in tax by 2029, which would be the highest level since 1948. While the government says public spending on some services will rise by 1
a second vigil will be held in nottingham later to remember the victims of tuesday s attack. the families of the two students killed joined thousands at the university to pay tribute to them yesterday, and urged everyone to look out for each other. police in nottingham are still questioning a 31 year old man on suspicion of murder. we re joined now by our reporter jo black, who s in nottingham. this is a city shrouded in grief. what is the mood like today ahead of the second video? trier? what is the mood like today ahead of the second video? the second video? very quiet here in nottingham the second video? very quiet here in nottingham at the second video? very quiet here in nottingham at the the second video? very quiet here in nottingham at the moment. - the second video? very quiet here in nottingham at the moment. there . the second video? very quiet here in i nottingham at the moment. there will be a second video later. but yesterday there was a video where i am
by dominion voting systems against fox news and its parent company would start on tuesday. the lawsuit alleges the broadcaster damaged the reputation of dominion by repeatedly airing lies about its vote counting machines and election fraud in the 2020 us presidential election. laurie laird is a us business journalist. why is this happening? i why is this happening? i think the fact that these why is this happening? i think the fact that these claims why is this happening? i think the fact that these claims of - why is this happening? i think the fact that these claims of a - fact that these claims of a potential settlement that were reported in the well streetjournal, a murdoch owned operation, i think that gives us some sense of the nature of these reports. whether the two sides can come to the settlement is a very open question. i m surprised that this thing it came this close to getting into a courtroom. dominion a comedy voting system, is trying to prove deformation.
million. hello and welcome a long, this is world business report, i m ben thompson. starting in the us where one of the most closely watched media trials in decades has been delayed. ajudge in delaware announced late on sunday that the $1.6 billion defamation trial by dominion voting systems against fox news and its parent company would start on tuesday instead. that has now been confirmed. the lawsuit alleges that the broadcast of the reputation of dominion by repeatedly airing lies about its vote counting machines and election fraud in the 2020 us presidential election. let s cross live to wilmington where michelle fleury is in delaware where the trial was due to start. we say was due to start, lots of people keeping a very close eye on this but they will have to wait possibly a bit longer. this is very high stakes media trial, people are calling this one of the biggest media trials in decades. judge erick davis just convened the court right now to explain the delay. he sai
results missed market expectations. delayed results, a missed market expectations. tesla s income and earnings fell by more than 20% in this past quarter compared to the same time last year. it is a big number, but not totally unexpected because the company has been slashing prices of its top selling vehicles over the past year. samira hussain has more from new york. bringing in 20% less income is, well, not good. what helps the electric car maker, however, is that it warned wall street this was coming, so it didn t come as a complete surprise given tesla cut prices on its top selling cars several times last year and in fact did it again this week. now, tesla is grappling with higher borrowing costs for consumers, slowing demand for their cars and so much more competition in the electric car market. so the price cuts did the trick. the company saw a 36% jump in deliveries, but the price cuts also mean that the profit margins on each card sold have gotten smaller. let s stay w