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Transcripts for BBCNEWS BBC News 20211027 14:20:00

taken today around the paper and work allowance, and you combine that with the increase to minimum wage. that is an improvement to our social security system for people who are working and it will go some way, take some steps towards turning the tide of in work poverty that has been rising, going back to before the pandemic, a rising tide of in work poverty, so these steps are really welcome in that respect. but i think what we don t know yet is quite how far these changes are going to make up for that £20 that has been lost to households and we are currently crunching the numbers on that to try to get a better picture of it. but also, as your correspondent was just saying, this does nothing for those who are unable to work or for those who are looking for work. i unable to work or for those who are looking for work. looking for work. i want to come onto that in looking for work. i want to come onto that in a looking for work. i want to come onto that in a moment looking for wo

People
Reat-deal-wage
Increase
Paper
Improvement
Work-allowance
Social-security-system
Way
Ai-pandemic
Steps
Tide
Rising

Transcripts for BBCNEWS BBC News 20211027 14:28:00

credit taper in, many people being able to keep more money, the scrapping of the public pay freeze, the. all these things impact on the. all these things impact on the cost of living, but they are telling us they still don t feel levelled up. they need to help will be people who have helped us out during this pandemic, they need some more money for what pandemic, they need some more money for what they pandemic, they need some more money for what they doing because they don t for what they doing because they don t get for what they doing because they don t get paid enough. that is the bottom don t get paid enough. that is the bottom line. and they have been stood bottom line. and they have been stood on bottom line. and they have been stood on for quite awhile. i bottom line. and they have been stood on for quite awhile.- stood on for quite awhile. i think it is probably stood on for quite awhile. i think it is probably good stood on for quite awhile. i think it is pr

Universal-credit
People
Scrapping
The-cost-of-living
Things
Pay
Taper
Freeze
Ai-pandemic
Line
Us
Bottom-line

Transcripts for BBCNEWS BBC News 20211027 14:44:00

directly in the chancellor s control? it directly in the chancellor s control? . . directly in the chancellor s control? , ., , . directly in the chancellor s control? , . i . directly in the chancellor s control? i. ., control? it is a difficult call to make. different control? it is a difficult call to make. different measures i control? it is a difficult call to i make. different measures impact inflation make. different measures impact inflation in different directions. we had inflation in different directions. we had a inflation in different directions. we had a rise in the national living wage. we had a rise in the national living wage. but we had a rise in the national living wage, but we had cuts to fuel duties. wage, but we had cuts to fuel duties. so wage, but we had cuts to fuel duties. so that will have the opposite duties. so that will have the opposite impact. overall, the measures in the budget generally are likely to measures in the budget generally a

Chancellor
Inflation
Living-wage
Rise
Measures
Control
Call
Directions
Factors
Budget
Reat-deal-wage
Impact

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