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and misconduct. the mayor of kyiv says that russian strikes on the city this morning have killed one person and wounded three others. good morning and welcome to bbc news. the uk s new chancellorjeremy hunt is to deliver an emergency statement on the british economyjust after 11 o clock this morning, bringing forward measures a fortnight earlier than expected. it s expected there ll be a delay in the plan to cut the basic rate of income tax from 20p to 19p, that would be yet another u turn from the mini budget that caused such turmoil on financial markets. with me now as our chief political correspondent. he is waiting in the wings to talk to me. let me round up, because an hour or so we are expecting to hear from the chancellor, he is going to be making that statement and we are expecting pretty much everything in the mini budgets to be pulled back, except for the national insurance increase, the national insurance cut because that has already been legislated for, obvi ....
Will be a lot higher than they were a year ago will be a lot higher than they were a year ago but perhaps not as high as we a year ago but perhaps not as high as we were a year ago but perhaps not as high as we were fearing just a few days a-o. as we were fearing ust a few days auo. . ~ as we were fearing ust a few days auo. . ~ , ., as we were fearing ust a few days ao. ., ~ , ., , . as we were fearing ust a few days auo. . , . . ., ago. thank you very much. we are ust ago. thank you very much. we are just about ago. thank you very much. we are just about 30 ago. thank you very much. we are just about 30 minutes ago. thank you very much. we are just about 30 minutes away - ago. thank you very much. we are just about 30 minutes away from | just about 30 minutes away from hearing the chancellor, he is going to be on camera, then we are not exactly sure where about at 11am he is going to be speaking and outlining what the plan is going forward in terms of tearing up wh ....
Wings to talk to me. let me round up, because an hour or so we are expecting to hear from the chancellor, he is going to be making that statement and we are expecting pretty much everything in the mini budgets to be pulled back, except for the national insurance increase, the national insurance cut because that has already been legislated for, obviously big announcement, they help with the energy bills, that will be going ahead. other than that will be going ahead. other than that we are expecting everything that we are expecting everything that was announced in the mini budgetjust a matter of that was announced in the mini budget just a matter of weeks that was announced in the mini budgetjust a matter of weeks ago is expected to go by the wayside. let s bring in nick. nick, there is no precedent for this, is there? ida. precedent for this, is there? no, it s extraordinary precedent for this, is there? iirr, it s extraordinary stop we will have chancellor in an hour, he is going to ....
Those two positions in some sort of a 90 to power, but she has written this morning in the sunday telegraph saying that the party needs to support the government. so, the next key moment is going to be at around 11:15am when we will be hearing from the chancellor, and we will have full coverage of that. back to you, samantha. thank you very much. well, we are just hearing, joanna, if we can come back to you briefly, that suggestion is that the energy price guarantee, that times are reporting, could come to an end in april, something that has been the focus of the budget that we heard from the mini budget just a few weeks ago, we are going to hearfrom that just a few weeks ago, we are going to hear from that announcement pretty shortly from jeremy hunt in about 20 minutes time. joanna, just about 20 minutes time. joanna, just a more detailed coming in. i am ....
And misconduct. the mayor of kyiv says that russian strikes on the city this morning have killed one person and wounded three others. good morning and welcome to bbc news. the uk s new chancellorjeremy hunt is to deliver an emergency statement on the british economyjust after 11 o clock this morning, bringing forward measures a fortnight earlier than expected. it s expected there ll be a delay in the plan to cut the basic rate of income tax from 20p to 19p, that would be yet another u turn from the mini budget that caused such turmoil on financial markets. with me now as our chief political correspondent. he is waiting in the ....