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Transcripts for BBCNEWS BBC News at Six 20240604 18:22:00

Time to stabilise, and them anyway, isn t it? they do need time to stabilise, and for them anyway, isn t it? they do need time to stabilise, and for what - them anyway, isn t it? they do need time to stabilise, and for what they l time to stabilise, and for what they have suggested time to stabilise, and for what they have suggested that time to stabilise, and for what they have suggested that work - time to stabilise, and for what they have suggested that work through. time to stabilise, and for what they i have suggested that work through the system have suggested that work through the system the have suggested that work through the s stem. , ., ., , have suggested that work through the s stem. . system. the government has chosen its course. system. the government has chosen its course- many system. the government has chosen its course. many can system. the government has chosen its course. many can only system. the government has chosen its course. many can only wait ....

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Transcripts for BBCNEWS BBC News at Six 20240604 18:07:00

Failure. growth, dismal. investment down failure. growth, dismal. investment down. wages are squeezed. public services down. wages are squeezed. public services crumbling. services crumbling. these difficult choices are services crumbling. these difficult choices are off services crumbling. these difficult choices are off nothing services crumbling. these difficult choices are off nothing comparedl services crumbling. these difficult i choices are off nothing compared to what many choices are off nothing compared to what many of choices are off nothing compared to what many of our choices are off nothing compared to what many of our constituents - choices are off nothing compared to what many of our constituents face. the tories what many of our constituents face. the tories spent what many of our constituents face. the tories spent the what many of our constituents face. the tories spent the summer- the tories spent the summer squabbling the tories spent the summ ....

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Transcripts for BBCNEWS BBC News at Six 20240604 18:02:00

Millions of people will pay more in tax, more for energy bills and face high inflation as the uk copes with a recession. the chancellor, jeremy hunt, has unveiled his plans to tackle the cost of living crisis and rebuild the economy. he said his priorities were stability, growth and public services. and this is what he announced. income tax thresholds will be frozen until 2028 meaning as your pay rises you ll be dragged into higher tax bands so tens of millions of people will pay more in income tax. also anyone earning more than 125,000 a year will now pay the top rate of tax 45p in a pound though different rates apply in scotland. there will be more help with energy bills, but it will be less generous. from april a typical household will pay £3000 a year for gas and electricity. the windfall tax on oil and gas companies who ve profited from soaring energy bills will rise from 25% to 35% and be extended until 2028. spending on public services in england will rise more slow ....

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Transcripts for BBCNEWS BBC News at Six 20240604 18:16:00

We ve been able to almost survive with the assistance that s come through from the government. that this is almost going to be taken away from us through no fault of our own is a very frightening, very worrying, very scary time for us as a young family. how are we going to make ends meet? how are we going to pay our bills? how are we going to pay for our gas and electric? i have absolutely no idea. now, there have been calls for energy companies making profits from the current high global energy prices to pay more tax. in may, the one off tax imposed on energy company profits known as the windfall tax was raised to 25%. today, the chancellor said it would go up again to an extra 35% from next january, and it would be expanded to include other electricity generators, and last until 2028. jeremy hunt said together, he expected the measure to raise £14 billion next year alone. but companies and business groups say it could deter vital investment in renewables. there will be some conc ....

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Transcripts for BBCNEWS BBC News at Six 20240604 18:09:00

Situation. we had a once in a sentry pandemic. we had the fuel price hikes caused by vladimir putin. you are a tax raising hikes caused by vladimir putin. you are a tax raising chancellor presiding over a recession and government spending not what you hoped it would be. do you have any hoped it would be. do you have any hope of winning the next election? conservatives win elections when they are trusted with the economy. and what you have seen today is a conservative chancellor outlining a very difficult path that gets us through this crisis. abs, very difficult path that gets us through this crisis. very difficult path that gets us through this crisis. a grim picture which many through this crisis. a grim picture which many will through this crisis. a grim picture which many will conclude - through this crisis. a grim picture which many will conclude feels i through this crisis. a grim picture i which many will conclude feels more grim courtesy of today s announcements. but the ....

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