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BBCNEWS BBC News July 7, 2024



world powers condemn the self styled referendums being held in parts of ukraine on whether to join russia the home secretary tells police chiefs that common sense policing must take priority over diversity and inclusion initiatives as she sets out her priorities for her crime cutting agenda. hello and welcome. the government has defended its sweeping range of tax cuts from criticism that they favour the better off. the chancellor kwasi kwarteng s package of measures include scrapping the top rate of income tax for the highest earners and reducing the basic rate by a penny moves the government say will promote growth. the institute for fiscal studies says the richest who pay the most tax will benefit most. our political correspondent helen catt reports. it s an all out attempt to grow the economy with the biggest tax cuts in four decades. at spitalfields market in east london, they are taking stock of a mini budget that s signalled a massive shift in political dire ....

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BBCNEWS BBC News June 4, 2024 16:07:00

Direction is taking the country in the wrong direction if is taking the country in the wrong direction. if you take the packages as a whole direction. if you take the packages as a whole and what they are offering as a whole and what they are offering we think it is the wrong approach offering we think it is the wrong approach because they are basically saying approach because they are basically saying that if you are very wealthy. they are basically saying that if you are very wealthy, we re going to give you more money back in pay packets, they re going to get rid of the 45p top rate of tax, they re going to give bankers bonuses. they believe firstly that that will stimulate growth, which we don t believe stimulate growth, which we don t believe in. stimulate growth, which we don t believe in, and secondly that that growth believe in, and secondly that that growth will trickle down to everybody else, that just won t happen everybody else, that just won t happen. we ....

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BBCNEWS BBC News June 4, 2024 16:00:00

in the sunshine and showers, mainly in the north and east. much stronger northerly wind this time on monday. temperatures at best, 15, 16 in the south, feeling colder in the north. feeling colder in the north. this is bbc news. the headlines at five. the chancellor kwasi kwarteng has defended his tax cuts aimed at boosting economic growth, saying they re fair for all, but it s receiving a mixed reaction from the public. i think it probably will help, yes, to a degree, but depends what bracket you re in of course in terms of income. i mean, does that even touch the sides? i don t know. we ll see. the labour leader sir keir starmer arrives in liverpool ahead of his party conference, telling crowds he ll set out the dividing lines between labour and the new tory government. they are basically saying that if you are very wealthy, we re going to give you more money back in pay packets, they re going to get rid of the 45p top rate of tax, they re going to give bankers bonuses. ....

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