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Transcripts For BBCNEWS BBC News 20240707



we ll bring you analysis throughout the day on bbc news and if you want to send in your questions or thoughts on the mini budget get in touch i m @bbcjoannag on twitter or use the hashtag bbc your questions. and i m lukwesa burak the other stories on bbc news. the victims commissioner for england and wales dame vera baird resigns, describing the criminaljustice system as being in chaos. a 15 year old boy has become the second person to be arrested in connection with the murder of a 15 year old boy who was stabbed outside his school in huddersfield. and author dame hilary mantel, best known for her wolf hall trilogy, has died aged 70. hello, i mjoanna gosling in westminster, in a massive shake up of the uk s finances, the chancellor kwasi kwarteng has outlined a series of tax cuts and spending commitments that will cost £45 billion by 2027. the government says its policies will help boost economic growth. but critics say funding the tax cuts will lead to un ....

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Transcripts for BBCNEWS BBC News 20240604 14:03:00

From april next year. a planned rise in corporation tax from 19% to 25% has been cancelled that s the tax businesses pay on their profits. there will be a cut to stamp duty in england and northern ireland that s the tax you pay when buying a property. the threshold will be raised to £425,000 for first time buyers and £250,000 for everyone else. the rules which cap bankers bonuses to twice their annual salary have been scrapped. more than 40 new investment zones will be set up in england these zones will be allowed to relax planning rules and reduce business taxes to encourage investment. and planned increases in the duty rates for beer, for cider, for wine, and spirits will all be cancelled. and as we ve been saying the government described today s announcement as a mini budget but this chart from the institute for fiscal studies shows todays statement represents the biggest tax cut of any budget since 1972. here s our political editor, chris mason. ....

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