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BBCNEWS Dateline London June 4, 2024 01:42:00

A way for her to win the next election, potentially? well, the remarkable thing is how much they are willing to take the hit politically for things that dont deliver that much in terms of economic gain. i mean, that, ifind shocking. so, the banker bonuses, lifting the cap on banker bonuses, for instance — politically unpopular. in reality, it doesnt really change things much. its not a game changer. its not going to result in a huge reversal of the exodus of bankers from london to the continen...
Don T Ifind Shocking Doesn T Banker Bonuses Game Changer Dateline London

BBCNEWS Dateline London June 4, 2024 01:43:00

But its a tiny number of people... liz truss has said shes prepared to be unpopular. and so, in that sense, i think shes trying to be like maggie thatcher, that shes going to go for these unpopular policies that are highly ideological, betting that people will actually side with her in the end. but youre right about the irrelevance of the things shes picked on, because thatcher picked her battles. they were things she really cared about. i mean, she massively privatised all of the utilities. the...
Liz Truss Margaret Thatcher The End Big Things Tax Cuts

BBCNEWS Dateline London June 4, 2024 01:32:00

News, and latika bourke of the sydney morning herald. so, cuts to income tax, corporation tax, national insurance and stamp duty and removing the cap on bankers�* bonuses. it will cost tens of billions of pounds. the government says it will boost growth, the labour party say it will reward the rich. stephanie, lets start off with you. this is being called a "gamble for growth". is it a gamble thats going to pay off, do you think? well, its certainly a gamble. i have real doubts about whether i...
Income Tax Latika Bourke Corporation Tax Stamp Duty Sydney Morning Herald Labour Party

CNN State of the Union With Jake Tapper and Dana Bash June 4, 2024 13:11:00

Pushed up energy prices and what im determined to do as prime minister is make sure were doing all we can to grow the economy and attract business and investment into the u.k. so we have a clear pathway to becoming a higher grade economy, more jobs, higher wages, thats what im focused on. >> in that vain your government unveiled a tax proposal to reverse plans to raise the corporate tax rate and you proposed lifting the cap on bonuses for bank executives. in the u.s., president biden is taking a...
Prime Minister Energy Prices Qu K Tax Proposal U S Tax Rate

BBCNEWS The Media Show June 4, 2024 10:42:00

Side and instead they get liz truss, level down liz, trickle down liz. so i level down liz, trickle down liz. so i asked _ level down liz, trickle down liz. so i asked li2— level down liz, trickle down liz. so i asked liz truss today, whose side are you _ i asked liz truss today, whose side are you on? — i asked liz truss today, whose side are you on? when you boost bankers bonuses— are you on? when you boost bankers bonuses but— are you on? when you boost bankers bonuses but force worki...
Liz Truss Liz Truss Today Energy Crisis Trickle Down Liz Down Liz Bank Pandemic

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CNN State of the Union With Jake Tapper and Dana Bash June 4, 2024 16:11:00

Recession. are they right? >> thats a matter for the bank of england and for the gdp figures, the official figures. i think what is certainly true is the world is facing an economic shock. first of all, the aftermath of covid and secondly the russian invasion of ukraine, which has pushed up energy prices. what im determined to do as prime minister is make sure that we are doing all we can to grow our economy, all we can to attract business and investment into the uk, so that we have a clear path...
Bank Of England Gdp Figures Energy Prices Liz Truss Bank Executives Tax Plan

BBCNEWS BBC News June 4, 2024 00:12:00

Rachel reeves! labour pointed out the tories have been in government since 2010. this statement is an admission of 12 years of economic failure, and now here we are, one last throw of the dice, one last claim that these ministers will be different. for all the chopping and changing, all the chaos and confusion, there has been one person there throughout — the prime minister. a new era, but theyve been in government for 12 years. it stretches credibility beyond breaking point, saying that tax c...
Rachel Reeves Prime Minister Tax Cuts Corporation Tax Breaking Point Somehow Re Float

BBCNEWS BBC News June 4, 2024 15:03:00

To fund the spending. there is criticism from opposition politicians that those with the most are getting the most, or as labour puts it, rewarding the already wealthy. when you are lifting bankers�* bonuses at the same time as saying that postal workers and rail workers cant have a decent pay rise, people can see that and see that as grossly unfair. and it looks like the conservatives are looking after people at the top and are not really channelling that long—term investment, which is what...
Opposition Politicians Rail Workers Tax Cuts Income Tax

BBCNEWS BBC News June 4, 2024 00:09:00

The tax businesses pay on their profits. and the rules which cap bankers bonuses to twice their annual salary hav also been scrapped. the markets have not reacted well to the news, with the pound falling to a 37—year low against the dollar, dropping below $1.09. the opposition labour party has called the government "desperate gamblers in a casino, chasing a losing run." the bbc�*s political editor, chris mason, reports. reporter: can you afford these tax cuts, chancellor? _ technically, this...
Tax Businesses Opposition Labour Party 41 09 Bbc News Tax Cuts Azadeh Moshiri

BBCNEWS BBC News June 4, 2024 00:13:00

They— they live the bankers bonuses, they are — they live the bankers bonuses, they are looking _ they live the bankers bonuses, they are looking at _ they are looking at billionaires - they are looking at billionaires for- they are looking at - billionaires for example they are looking at _ billionaires for example being handed — billionaires for example being handed the _ billionaires for example being handed the best _ billionaires for example being handed the best offer- billionaires f...
Prime Minister Investment Zones Tax System

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