Page 32 - Dharshini David News Today

As dharshini was just saying, so far the financial markets have reacted positivity, but what do voters think? our correspondentjo black has been talking to people in northampton south, a marginal seat currently held by the conservatives. after weeks of political chaos and uncertainty, has the new chancellors statement done anything to calm peoples nerves? 62 miles north from westminster as the constituency of northampton south, a marginal seat currently held by the tories. reaction from the mark...

0ne spending decision might be for benefits to increase in line with earnings — which means around 5% — rather than inflation — which is currently around 10%. 0ur social affairs correspondent michael buchanan reports from sunderland now on how individuals and communities could be affected. every second day nicky telford has to spend five hours on this kidney dialysis machine, and will do so for the rest of his life. i need this machine to keep me alive. his illness means he isnt suitable f...

The new prime minister, liz truss, and her chancellor of the exchequer, kwasi kwarteng, have for several years now worked on a set of proposals for cutting tax as a way of boosting the economy, something most conventional economists regard with anxiety and disapproval at a time of downturn. in what was called a mini budget — not much mini about it — mr kwarteng did just that. the sky fell in and he and the prime minister had to veer away from the idea after the pound seemed to be falling to ...

To be equally important as well, because we are heading into the winter. here in the uk there are already warnings that we could possibly see gas shortages and the same is true across europe. so we we ignore whats going on in ukraine, notjust for humanitarian reasons, but also for our own selfish reasons, at our peril. dharshini david. a deep, abiding grudge lies behind this war — the angry belief that president putin seems to share that the west lured ukraine away from its rightful allegiance...

Dharshini, we saw turmoil on the financial markets after the mini budget, howeverthose financial markets after the mini budget, however those markets responding to yesterdays government u—turn on tax? responding to yesterdays government u-turn on tax?— u-turn on tax? karma, ben, but for how long. — u-turn on tax? karma, ben, but for how long. is — u-turn on tax? karma, ben, but for how long. is the _ u-turn on tax? karma, ben, but for how long, is the question _ u-turn on tax? karma, ben...

Just a _ about twice as high as they were just a few— about twice as high as they were just a few months ago, which really underlines — just a few months ago, which really underlines the anxiety that remains in the _ underlines the anxiety that remains in the markets, because whenever we do see _ in the markets, because whenever we do see these — in the markets, because whenever we do see these forecasts published, there _ do see these forecasts published, there are — do see these foreca...

Lets get them through this.- didnt talk about spending cuts, though. didnt talk about spending cuts, thouuh. , . .. didnt talk about spending cuts, thouuh. , ., ,, ., didnt talk about spending cuts, thouuh. , ., ~ ., , ., though. kept talking about strong ublic though. kept talking about strong public services _ though. kept talking about strong public services come _ though. kept talking about strong public services come to _ though. kept talking about strong public services come to grow - thou...

Markets, that you never normally see during a fiscal event. what of today? lets not forget, the things the market are looking for. they are concerned because of the scale of the tax cuts, how they are going to be funded and ultimately, what this means for growth and inflation. we saw the pound actually slipping ever so slightly. why is that? when we talk about the u—turn on the 45p rate, it is a tiny proportion of the tax cuts. £2 billion out of £1i5 billion. what the market are looking for,...

Year, the cheap rates on offer now are unlikely to stay as cheap for long. reeta. andy verity, thank you. there was an anxious start to early trading on the asian markets overnight, as the financial world watched to see whether the pound would slide again. the value of sterling against the us dollar has steadied this morning but investors remain nervous. the value of the pound fell to a record low against the dollar yesterday and is down overall over the last month. it comes after the chancellor...

The turmoil may not end here with the turmoil may not end here with the concerns about the size and affordability of the chancellors budget, they may not be resolved for some time and in the meantime we could see more pressure on prices, interest rates, all this coming at the least time households needed. it could be enough to wipe out the tax cuts we saw announced just days ago. dharshini david, thank you. sir keir starmer will echo sir tony blair, who won three landslide elections, when he add...