And other Nhs Staff in line with workers elsewhere in the economy. If as expected the chancellor agrees to that, it will cost the treasury an extra £3. 5 billion according to the institute for fiscal studies. But if Pay Reviews for other Public Sector workers police, doctors, dentists And Prison Staff come up with a similar number the ifs warns this could quickly rise to ten billion. Heres our Business Editor faisal islam. It is not a budget. This is the most important statement of this new chancellor. Weve heard a lot about the tens of millions of Pounds Gap from this audit of Spending Pressures inherited by this government from the previous government from the previous government that will, they say, be revealed in a document listed. Weve heard less about the idea that the chancellor may stAnd up And try to close that gap with a series of projects axed And other spending restraint, at least start to close that gap, starting in this financial year, it is unusual, And a lot of this pr
She told parliament this was because of a massive shortfall in funds that her Labour Government had inherited. Former Bbc News Presenter Huw Edwards has been charged with three counts of making indecent images of children. In a statement, the metropolitan police said the offences, which are alleged to have taken place between December 2020 and april 2022, relate to images shared on a whatsapp chat. Mr edwards will appear in court on wednesday. A very warm welcome to the programme. The israeli Prime Minister says there must be a severe response to the Weekend Attack on the Northern Druze Village of Majdal Shams that killed 12 children. The Associated Press reported this afternoon that in response, hezbollah has begun moving Precision Guided Missiles into position in southern lebanon. An official with the iran backed group stressed they did not want a war with israel, but if it came to it they will fight without limits. The americans with the french are applying diplomatic pressure. The
In an elaborate but rain soaked ceremony. In a world first, the olympic Opening Ceremony was held outside of the stadium wIth thousands of Athletes Sailing down the River Seine. Our Sports Correspondent Patrick gearey reports. Paris, never more spectacularly the cIty of lights. An evening drenched in sound, Colour And CIty of lights. An evening drenched in sound, colourand rain. This cIty of lights. An evening drenched in sound, colour and rain. This was always going to be a more watery Opening Ceremony than ever before. The River Seine but you cant play the plan the weather. Team gbs Flag Bearers were a rower and a diver. They are used to water. Yeah, definItely hasnt diver. They are used to water. Yeah, definItely hasnt dampened diver. They are used to water. Yeah, definItely hasnt dampened the definItely hasnt dampened the spirIts. Team gb are definItely out in full force and the fans on the Bank Arejust amazing. In full force and the fans on the bank are just amazing. I cant believ
Increase to teachers and nhs staff. The above Inflation Rise has been recommended by independent Pay Review bodies. In her first interview since becoming chancellor, Rachel Reeves said there were also costs to not settling the pay claim adding that the decision will be made quickly. Heres our political correspondent tony bonsignore. Its a decision that will affect millions of teachers and nhs workers whether to accept the independent recommendation of Pay Review bodies and give them a Pay Rise of 5. 5 , or offer a more modest Increase And Risk disappointing millions of labour voters, as well as potentially more industrial action. Today, in Herfirst Big Interview since the election, Rachel Reeves dropped a big hint that above Inflation Rises for Public Sector workers are on the way. We also know that there is a cost to not settling, a cost of further industrial action, a cost in terms of the challenge that we face in recruiting and retaining doctors and nurses and teachers as well. But
Correspondent tony bonsignore. Its a decision that will affect millions of teachers and nhs workers whether to accept the independent recommendation of Pay Review bodies and give them a Pay Rise of 5. 5 , or offer a more modest Increase And Risk disappointing millions of labour voters, as well as potentially more industrial action. Today, in Herfirst Big Interview since the election, Rachel Reeves dropped a big hint that above inflation rises for Public Sector workers are on the way. We also know that there is a cost to not settling, a cost of further industrial action, a cost in terms of the challenge that we face in recruIting and retaining doctors and nurses and teachers as well. But well do It in a proper way and make sure that the Sums Add Up. But those sums, she said, had to take into account the economy the new government had inherIted. Well, weve also seen just This week the Government Borrowing numbers, which are significantly higher than people had anticipated. And that goes