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BBCNEWS BBC News July 7, 2024

u turn this afternoon, possibly abandoning plans for lower corporation tax. she s due to hold a news conference in about half an hour. kwasi kwarteng has confirmed his being sacked in a letter to the prime minister which begins by saying he had asked him to set aside and that he had accepted amongst the other quotes in a letter saying that the situation he faces is incredibly difficult with raising global interest rates and energy prices and following the status quo was not an option. his letter continues, the economic environment has changed rapidly since we set out the growth plan on the 23rd of september together with the bank of england we have responded to those events and it concludes that it is important now, as we move forward to emphasise the government commitment to fiscal discipline. the medium term financial fiscal plan is crucial to this end. let s go live to our political correspondent leila nathoo who s at downing street. kwasi kwarteng has gone as chancellor a ....

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BBCNEWS The Papers July 7, 2024

the same sentiment is echoed in the times who report that the prime minister fights for survivial . the daily mail asks how much more can she and the rest of us take with the paper calling her 38 days in charge, so far, as some of the most shambolic in uk political history. a day of chaos is the simple headline in the guardian. and finally the sun go for a different lead the death of the actor and comedian robbie coltrane. so let s begin. kevin, front page of the guardian? yes, a day of chaos, summing up what the past 204i was has been like. i cannot remember a day quite as mad as this, even the downfall of boris johnson wasn t as bad as this. i don t think we quite full so when we got up this morning how chaotic it would actually be. we did thing a u turn on corporation tax was in the offing, but sacking kwasi kwarteng was out of the blue, really. it was only yesterday he gave an interview to the bbc in which he said he would be around, absolutely 100%, ....

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What will the election mean for your pension: Is the state pension 'triple lock' safe?

We look at the promises the parties are making, what they will avoid talking about during the campaign, and what they might really do after the polls close. ....

United Kingdom , Rachel Reeves , National Insurance , Chancellor Jeremy Hunt , Mansion House , Shadow Chancellor Rachel Reeves , Tory Chancellors ,

The Government's Deliberate Policy of Prejudicing the Poorest in Our Society Is Imposing Destitution on Millions

UK and US policy are mean to the poor, even though that stinginess costs all of us. ....

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Don't get dragged into a higher tax band: How to protect your income

Stealth taxes are affecting people all along the income scale, as their wages and pensions might have increased to keep up with inflation, but more of their money is getting swiped by the taxman. ....

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