As he prepares to do this again, hes trying to improve his partys fortunes. This morning, jeremy hunt was keeping his cards close to his chest as he toured the tv studios. But he did give this hint. I do want, where its possible to do so responsibly, to move towards a lower tax economy, and i hope to show a path in that direction. But this will be a prudent and responsible budget for long term growth. With roughly £13 billion to play with, thats less than hed hoped for. The chancellor is scrabbling around for ways to find more cash that would allow him to reduce taxes. And labour arent saying whether theyd prioritise tax cuts or not. So would you bring down taxes now . Well, we want to bring the tax burden down in the long run, but were not going to promise anything which is not completely responsible and fully funded and fully costed. And youll see all of our plans in the manifesto for getting the economy growing because that Economic Growth is so crucial to making People Better off,
does it feel right now like the middle east is on some sort of inevitable slide toward a multi front war? it depends on the united states. the united states could have stopped this genocide from day one. they chose not to do so. and now the united states seems to be giving a green light to the israeli regime to expand the war. and the united states itself is carrying out assassinations in iraq as well as missile strikes on yemen. so instead of stopping the problem, the genocide in gaza, we are moving in the opposite direction. well, in that first answer you ve given me an awful lot to unpick, and we ll try and do it bit by bit. i asked you about the expansion, escalation, of the conflict. you chose to put all responsibility on the united states and on israel. i would put it to you that if one looks at what is happening right now across the region the greatest fear, immediate fear, of expansion is to be found in the red sea and in the fact that the houthis, supported by and ar
welcome to the programme, packed with dairy delights. but we first must talk about twitter. will he won t he? the question of whether elon musk would buy the social media network twitter. it has been a six month roller coaster since mr musk first made his offer in the middle of april. having struck a deal soon after, in earlyjuly the worlds having struck a deal soon after, in earlyjuly the world s richest man revealed he d changed his mind and intended to pull out of the deal. that sparked a legal battle over whether mr musk should be compelled to uphold his promise. now he says he will go ahead after all. a few hours ago he tweeted: it s understood this app would mirror china s wechat app, which combines social media, instant messaging and payment facilities. mr musk went on to say the twitter acquisition would probably accelerate the x app by three to five years. here s samira hussain in new york. it was only six months ago when elon musk agreed to buy twitter for $41; bi
just about everything nowadays has silicon chips in it, from phones and computers to kitchen appliances and cars. but the world has been facing a chip shortage, which has exposed just how dependent we all are on semiconductor manufacturers in asia, with the vast majority of chips produced by the taiwanese company tsmc. among those who want to wrestle back some of that market share is the us. today, president biden will sign into law a bipartisan bill to boost microchip manufacturing in the us. the $280 billion package is aimed at addressing supply chain problems exacerbated by the coronavirus pandemic. supporters call it a win for the nation s economy and security. here s our north america correspondent michelle fleury in new york. microchips, the digital brains of every piece of technology around us. but a global shortage has disrupted everything from the production of cars to household appliances.- of cars to household appliances. of cars to household a- liances. ., appli
so let s get down to business and we begin here in the uk where families are brutally exposed to the effects of soaring inflation that s the conclusion of a report out today from the think tank the resolution foundation. it warns the very slow growth in wages since the 2008 financial crash has left families in the uk particularly vulnerable to high energy, food and fuel prices and those most vulnerable are families in rental accomodation, single parents and those with young children. i m joined now anna macdonald, fund manager at amati global investors. what s interesting about this report, we are not surprised to hear families are struggling, especially those in single parent homes, that kind of scenario but what i found interesting was uk households are worse hit than other countries. what does it say? it s an interesting report going back over time, working out that wages have been rising at a slower pace than several other developed economies. and that really goes dow