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Transcripts For BBCNEWS World 20240704

A general election. The backdrop a flat lining Economy Millions struggling with the cost of living and polling indicating the Conservative Party is lagging far behind the opposition. Not to mention Financial Markets on edge for anything that might worsen the uks finances. The memory of Prime Minister liz truss s disastrous Tax Cutting Budget no doubt not far from mr hunts mind. So lets remind ourselves what he came up with. The rate of National Insurance paid by employees and the self employed, will be cut again by 2 pence in the pound. That comes on top of an earlier 2p cut mr hunt announced in the autumn. In april, full Child Benefits will be paid to households, where the highest earning parent is getting up to £60,000. The current limit is £50,000. And the non dom tax break for wealthy uk residents whose permanent home is overseas, is to be scrapped raising £2. 7 billion a year for the government. That announcement is highly controversial as it was a key pillar of labour policy.

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Transcripts For BBCNEWS BBC 20240704

Hello there, welcome to newcastle, on the Dayjeremy Hunt delivered his budget, in what is almost certainly, a general election year. Were on the citys Iconic Quayside Overlooking the magnificent river tyne, an area steeped in industrial history, and weve been gauging reaction, to the chancellors plans. Among todays annoucements, the government is to cut National Insurance, by 2p in the pound for employees and the Self Employed. Full Child Benefits will be paid to households, where the highest earning parent, is getting up to £60,000. The current limit is £50,000. And, the non dom tax regime, for uk residents whose permanent home is overseas, is to be replaced with new rules, from april next year. Well, the office for budget responsibility, says the average tax payer, is going to pay more in the coming years. It predicts 37 pence of every pound will go in tax by 2029, which would be the highest level since 1948. While the government says public spending on some services will rise by 1

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Transcripts For BBCNEWS BBC 20240704

Good evening from newcastle, as the dust settles onjeremy hunts budget, quite possibly the last, before the general election. You join us on the citys Iconic Quayside Overlooking the magnificent river tyne, an area steeped in industrial history, and weve been gauging reaction here, to the chancellors plans throughout the day. Among his biggest annoucements, was a cut in National Insurance, by 2p in the pound, for employees and the Self Employed. Full Child Benefits will be paid to households, where the highest earning parent, is getting up to £60,000. The current limit is £50,000. And, the non dom tax regime, for uk residents whose permanent home is overseas, is to be replaced with new rules, from april next year. Well, the office for budget responsibility, says the overall tax burden, is actually set to reach its highest level for over 70 years. While the government says spending on Public Services will rise by 1 above inflation, some areas could still see cuts in the future. The 0b

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Transcripts For BBCNEWS Nicky 20240704

Now the news with al tansley. The Prime Minister has confirmed hundreds of new licences will be granted to drill for oil and gas in the north sea. Rishi sunak, whos in aberdeenshire to announce funding for two new Carbon Capture projects, said it was vital to bolster Energy Security. A former miner from northumberland who killed his seriously ill wife is expected to be released from prison by august. David hunter was found guilty of manslaughter last week hes been sentenced to two years by a court in cyprus but theyve taken into account the time hes already been in custody. The president of the Royal College of emergency medicine has said nhs plans for the coming winter in england are inadequate and could mean thousands of people dying needlessly. The nhs says it will build on recent improvements in ambulance and a e services. And police have begun a Murder Investigation after a man in his 30s was shot dead in north london last night. The victim was found on White Hart Lane in tottenha

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Transcripts For BBCNEWS Nicky 20240705

loads of similar schemes, key differences but with the same aim. it is happening a lot of already, as you probably know. the idea is, breathe. some people say lights versus livelihoods, soaring cost of living, soaring number of health problems from pollution. some people say it is set versus livelihoods. a dichotomy is shaping politics. some of the arguments are on the working classes, take london, sw19, leafy london, less of a problem than in e14, less leafy tower hamlets. the question, is ulez for you? tower hamlets. the question, is ulez foryou? sw19, tower hamlets. the question, is ulez for you? sw19, leafy wimbledon. here is the news from nick hatfield. good morning. the high court is to hear arguments for and against the expansion of london s ultra low emission zone. five conservative led councils are challenging the move by mayor sadiq khan, who says it s needed to tackle air pollution. financial regulators will demand to know why banks aren t passing on highe

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