Will save the average worker about £75. But is that the budget rabbit that conservative backbenchers were after . The answer plainly is no, but the truth is, there was simply not enough money to deliver the cut in income tax they had demanded. After the measures announced today, the Office For Budget Responsibility estimated the chancellor has just £8. 9 billion of headroom left, down from the 13 billion he had in the autumn statement. That the second smallest on record, yet the chancellor gave us a relatively optimistic view of the economy, after covid, a war in europe, and the damage inflicted on the british economy economy this, he said, was a budget for long term growth. Todays obr forecast also shows that we have made Good Progress on the Prime Ministers three economic priorities. Compared to when the three pledges were made, inflation has halved, debt is falling in line with our fiscal rules, and growth is fully 1. 5 Percentage Points higher than predicted. Clamouring. And as g
The truth is taxes are still going up. People feel worse off because they are worse off. So this morning, we have one big question in what direction would labour drive the economy . The woman in charge of the partys calculator, Rachel Reeves, who wants to be the next chancellor is here. The budget promised extra cash to get more bang for taxpayers bucks in the Health Service. Well ask the health secretary, victoria atkins, what difference that will make. And whats it like when your body wont do the Amazing Things you used to do the lead singer of del amitri tells us how parkinsons hasnt stopped him taking to the stage. Morning, morning. Helping me out at the desk for the next 60 minutes, chef and green campaigner Hugh Fearnley whittingstall, john lewis boss dame sharon white, and lord michael howard, former conservative leader, and one time Shadow Chancellor, too. A very warm welcome to all of you. Making the news this morning. The sunday times says Boris Johnson went to venezuela, and
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
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
Of all the weapons, the reproductions used as props. Prosecutors say she brought a live round on set, put it into that weapon, which went on to kill Halyna Hutchins and injure another crew member. She was convicted on Manslaughter Charges on the basis that she floated basic gun safety procedures, guidelines that basically entail rudimentary checks to ensure the rounds you have just put into a weapon are blanks, not live rounds, and that is basically the basis of the charge. It was noted in court that Hannah Gutierrez reed was an inexperienced armourer, it was only the second film is that she had worked on. The prosecutor in that case in Closing Arguments described constant never ending Safety Failures on the set of rust and gutierrez reeds astonishing lack of diligence with gun safety. Her Defence Lawyers tried to pin the blame on actor alec baldwin. He was of course holding the weapon pointing the gun at Halyna Hutchins when she was killed. Basically, the defence said that he went off