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Transcripts For BBCNEWS BBC 20240704

Fuel duty. Lots of speculation and as ever we should fuel duty. Lots of speculation and as ever we should also fuel duty. Lots of speculation and as ever we should also say fuel duty. Lots of speculation and as ever we should also say we fuel duty. Lots of speculation and as ever we should also say we do| fuel duty. Lots of speculation and as ever we should also say we do not know what is in the budget until the chancellor announces it tomorrow, but there are a lot of guesses being made. The idea here will freeze fuel duty, continue to freeze fuel duty i think is one of the least surprising bits of speculation. No chancellor has raised that the levy since 2011 but i think that one is possibly a pretty firm bed of speculation. Lets talk about cuts to personal taxes because i think what we cant divorce ourselves from is that this is an election year. Presumably thats the undercurrent running through all of what to expect to hear from jeremy through all of what to expect to Hearfrom Jerem

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Transcripts For BBCNEWS BBC 20240704

Spending around ten or 20 lower in real terms than it was in 2010. Other parts of the Public Sector are spending more. Finally we need to note that demand for services are going up with the population getting older and growing. Many people have needs they have to have where councils have to provide services. In a sense it has reduced resources and greater demand. And in the end some way will have to be found in National Politics to change the Local Government funding model or get Local Government doing less. To Local Government funding model is very different in other countries. It certainly is. In other countries you have a local income taxes. In scandinavia, famously, norway, sweden and denmark, local income taxes. Even in the united states, more local taxes are available so local decisions are made. Thats another issue. What Local Governments spend is heavily constrained by Central Government, and Central Government has wanted Local Government to cut its spending over time and that

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