will be overhauled meaning drinks with a lower alcohol percentage will be cheaper. labour accused rishi sunak of living in a parallel universe cutting taxes for bankers while ordinary people struggled to get by. so, madam deputy speaker, at least the bankers on short haulflights, sipping champagne, will be cheering this budget today. jeering. i have been talking to people in bristol and quite a few small businesses as well to see how they think these latest budget announcements will be affecting them. in other news this lunch. a serving metropolitan police officer has been charged with rape. pc adam zaman, who s 28, serves with the east area command unit. hello and very good afternoon, and welcome to bbc news if you have just joined us. the chancellor rishi sunak has delivered his budget saying it s preparing the uk for a post covid era of optimism. mr sunak also announced the results of the spending review, revealing how much each government department will receive i
vaping products will come in october 2026 and the existing tax on tobacco will increase. the chancellor says that s in order to maintain the financial incentive to choose over smoking. windfall tax on the profits of energy firms draw will be extended into 2029 even that was previously scheduled to end in 2028. increase in flight duty for business class tickets, non dom tax free dream on people living overseas and didn t that it will be replaced with new rules from april 2025. bigger picture the uk economy now. the obr, office of budget responsibility predicts the economy is going to grow and add 1.9% we are currently on a technical recession. inflation rate forecast to fall below 2% target this year but the underlying debt. but the underlying debt, excluding bank of england debt, is forecast to be 91.7% of gdp this year, rising to 92.8% next year. the government also kept a freeze on alcohol duty, there is a lot to chew over and we have tried to bring up to date on the main h
caused severe flooding. the us city of memphis is bracing for the release of police video of an arrest that led to the death of the black man, tyre nichols. five police officers, who are also black, are facing murder charges. lawyers for the family, say the swift dismissal and charging of the police officers involved should be the blueprint for similar cases in the future. his family have called forjustice. our north america correspondent, nada tawfik reports the death of tyre nichols has prompted americans yet again to confront the reality of police brutality and its consequences. this 29 year old loved skateboarding and was on his way home from a local park when a traffic stop turned into a deadly confrontation. he died three days later from his injuries. now, anotherfamily is asking how this keeps happening, despite worldwide outrage and public demands for police reform following the killing of george floyd. i m going to pray for you and yourfamilies, because at the end of
a new dual covid vaccine will form part of the uk s autumn booster campaign the jab targets both the original covid and omicron variants. and, at last, an apology for the native american actress, booed off stage at the oscars, almost 50 years ago. good afternoon and welcome to bbc news. new figures suggest the real value of wages, has fallen at its fastest rate since records began, leading to further concerns about the cost of living. the office for national statistics says regular pay, excluding bonuses, was up 4.7% between april and june this year, compared to last year. but taking inflation into account, it s actually down 3%, hit by the rising cost of goods and services. the government says it recognises people are struggling with high prices, but is providing direct financial help for millions on low incomes. here s our economics correspondent, andy verity. from the outside, 4.7% is the best average pay rise for years. but the inside story is the average worker is deal