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Transcripts For BBCNEWS Breakfast 20240704

Economy and help families with permanent tax breaks. Labour will argue that any reductions will still leave people worse off because of the freezing of Tax Thresholds. Ben king reports. The background to todays budget has been gloomy, with the economy in recession. But it looks like the chancellor will still find room to cut taxes. The conservatives are trailing labour in the polls, and looking Forjeremy Hunt to give them some cheer in places like this, winchester, a seat the Lib Dems Hope to win. So what do people here think about tax cuts . I think it would be a good idea because it gives people more money to spend on what they want to buy. Realistically, people arent going to save that much money from a tax cut, whereas more money in Public Services means Better Health care services. Itsjust much more important. I would prefer not to have a tax cut, but to see more money invested in the community. If the Public Services were properly organised, theres more than enough money to do it

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Transcripts For BBCNEWS BBC 20240704

What exactly do we know about tomorrows budget . Lets look at the bi icture tomorrows budget . Lets look at The Big Picture and tomorrows budget . Lets look at The Big Picture and then tomorrows budget . Lets look at The Big Picture and then the tomorrows budget . Lets look at The Big Picture and then the detail. Tomorrows budget . Lets look at The Big Picture and then the detail. The l big picture and then the detail. The economic reality, the economy is stagnant. We are in recession. Albeit a shallow one. Taxes are through the roof by any recent historic standard. And Family Finances feel squeezed. Then there is the political reality, the conservatives have been in government for yonks and there has been more than the odd economic and political calamity and their ratings, their popularity, is really poon ratings, their popularity, is really poor. So, enter the chancellor. Ratings, their popularity, is really poor. So, enterthe chancellor. No pressure then for him. Trying to do someth

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Transcripts For BBCNEWS Verified 20240704

Live to westminster, and our Political Correspondent Damian Grammaticas as the budget gets of a closer, what more are you hearing . Just as the budget gets of a closer, what more are you hearing . More are you hearing . Just hours awa and more are you hearing . Just hours away and lunchtime more are you hearing . Just hours away and lunchtime tomorrow more are you hearing . Just hours| away and lunchtime tomorrow and more are you hearing . Just hours away and lunchtime tomorrow and they will be on their feet in parliament laying out the budget and it is a pretty important moment an important moment in any normal year in the political Financial Calendar but this one particularly because it is the last budget before we have to have an election, everyone is passing every word and looking at this and pretty much saying there that the indication is that we know the Prime Minister and the chancellor have said they want to cut personal taxes and the court taxes and individuals pay and within

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Transcripts For BBCNEWS Verified 20240704

That is getting to people inside gaza. The situation for children, women and men who are caught in the crossfire is unacceptable and not sustainable. Israel has to maximise every possible means, every possible method of getting assistance to people who need it. Meanwhile on the ground in gaza, the war continues. There have been more air strikes in the south of the territory, including here, in the Southern City of rafah. The World Health Organisation says some Eight Thousand patients in gaza, many of them badly injured in israels bombardment, urgently need to be moved out of the territory. It is also warning of extreme malnutrition among children there. One other line to bring you from the middle east a un team of experts has concluded there are reasonable grounds to believe Sexual Violence, including rape and gang rape, took place in at least three locations during the hamas attacks on israel on the 7th of october. They also said there was convincing information that some hostages cou

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Transcripts For BBCNEWS BBC 20240704

Good evening. The chancellor has been putting his final touches to his budget as he prepares to unveil it tomorrow it could well be the last one before the General Election. What is now expected is a 2p cut to National Insurance and another freeze on fuel duty. But could jeremy hunt go even further . Our Political Editor chris mason is here with his thoughts but before we hear from Chris Our Economics Editor Faisal Islam has been weighing up how much room for Manoevre The Chancellor has. The chancellor is hoping to use his Big Red Box Moment tomorrow to declare a definitive economic Turning Point after years of crisis and shocks. Certainly the path and forecast for Inflation Looks like that. Look at this inflation is falling back from its Energy Shock Highs towards the Bank Of England target. On the other hand, its a little tricky to talk about a Turning Point when as you see here, the economy just started shrinkng at the end of last year you can see a shallow recession, but one noneth

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