The Prime Minister has warned that the budget this october will be painful, in his first major speech from no 10 since becoming Prime Minister. Speaking in the rose garden, he said his government had inherited a black hole in the public finances, of £22 billion. Those with the broadest shoulders should bear the heaviest burden, he cautioned, but he also said there would be big asks of everyone. The conservatives responded by saying the speech was an indication that labour had been planning tax rises all along. Vicki young has our top story. Blue skies and sunshine, but the Prime Minister didnt come here to paint a rosy picture. He has accused the conservatives of wrecking the economy, leaving him to put it right. There is a budget coming in october. And it is going to be painful. We have no other choice, given the situation that we are in. Those with the broadest shoulders should bear the heavier burden. I will have to turn to the country, and make big asks of you as well. Its already
together, these pacific rim countries, which doesn t include the usa, account for 13% of global gdp. the pact, it s called the comprehensive progressive agreement for trans pacific partnership, aims to cut 95% of import tariffs. the initial gains for the uk economy may be only marginal, that s according to the government s own estimates. here s the bbc s global trade correspondent, dharshini david, explinaing what that pact, is all about. cptpp is more thanjust cptpp is more than just a cptpp is more thanjust a mouthful. it is a packed between 11 nations and they are reducing those tariffs and they are reducing those tariffs and they are also making it easier to trade with each other and to invest in each other, supply chains should run more smoothly, but why is it when you look at the government estimates, they are talking about a gain of 8p in every £100 of income in ten years time. the uk already has trade deals with all but two other members of cptpp, so the increased g
news that our economy had zero percent inflation in the month of julyy, zero percent. okay, we ll have more on that a little bit later in the show, i promise. but first, there never been a more important day for the permanent washington time than inauguration day for joe biden. january 20th last year it was moment democrats and their voters in the federal bureaucracy have been waiting for for four years. none of it had to do with joe biden or possibilities his presidency could bring to them.t the best part about joe biden taking office was donald trump was leaving office, although it was made possible because somehow voters during a pandemicus had accomplished what, four years off witch hunts, pausing to investigate the full force of surveillance state could not removing donald trump from the white house despite getting seventy four million votes. but it quickly becameus clear removing donald trump was not the end goal. believe it or not, almost immediately joe biden and his
todd: the battle of the buses continues between texas governor greg abbott and new york mayor eric adams as adams threatens to take on abbott s reelection campaign by sending buses of new yorkers to campaign against abbott and texas vis-a-vis bus. you re watching fox & friends first on a thursday morning i m todd piro. carley: adams and abbott it s tough can one change their name for us. i m carley shimkus, as the biden administration keeps the boarders wide open, where is democrat outrage over this? a new report from the dhs inspector general reveals the biden administration is obtaining illegal immigrants for ten times longer than the legal limit with some migrants being held in confined spaces for over a month todd: ashlolight the o struggles of the open border policies and the effect it has we have to, for the good of america, we have to get him out of office. ashley: abbott responding with the quote from the clint eastwood classic dirty harry. go ahead, mary, m