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Transcripts For BBCNEWS Breakfast 20240704

Vaping and smoking, but the Office For Budget Responsibility warns the government could find it hard to balance the books. Heres our business correspondent, emma simpson. Did you catch any ofjeremy s budget . It was a chance to turn around the fortunes of the Conservative Party. But was it enough . I think its good that the workers are going to get money back in their pockets. But then if you think about the Cost Of Living and how everything is going up, then maybe they could have given a little bit more back. Anything that cuts taxes, i wish he would have done something a bit more for savers, were in a position where were living off savings. I think theyre trying to do it in light of a General Election and probably not really thinking about what the benefit to the country is. The centrepiece of this budget was a £2 billion cut was a 2p in the pound cut to National Insurance, a tax paid by workers. So who are the winners and losers if you include all the changes to tax and thresholds

Transcripts For BBCNEWS Verified 20240704

Products to start in october 2026. And. The chancellor says its in order to maintain the financial incentive to choose vaping over smoking. Lets move on to the broader picture for the uk economy. In the office of budget and responsibility has predicted that. Remember, were in a technical recession at the moment. Lets move onto debt. Lots of figures in numbers but its important we take you through the main developments from todays budget. In a moment ill be discussing is in finer detail with my colleague. Ill also bejoined by our Economics Correspondent who is in the newsroom for us. First our Political Correspondent looks back at todays development here in West Minister. I5 at todays development here in West Minister. ,. ,. , minister. Is this an Election Winnin minister. Is this an Election Winning budget, minister. Is this an election | winning budget, chancellor . Minister. Is this an Election Winning budget, chancellor . As jeremy hunt pose for the last photo, dues before the budge

Transcripts For BBCNEWS BBC News 20240706

majority of workers, they have the most votes in this. if they get behind us, then this could get through. if other small unions don t recommend this, for example unite, that might not matter. at this stage it s not clear whether all the unions are going to recommend this offer to their membership. my sense is that the unison, gmb unions will probably get behind this. but it s a big question whether the membership are going to think that is good enough. there is a lot of anger out there. and why is it a sense of suddenly more serious talks now? i was interviewing a key union leaders fought some time, so be it for them, it was completely obvious obvious, that they were offering olive branches to the government that were not being taken up. what changed? that were not being taken up. what chanced? ~ , ., ~ that were not being taken up. what chanced? ~ , ., ,, . changed? why do we look like we re closer to a hat changed? why do we look like we re closer to a hat deal chan

Transcripts For BBCNEWS BBC News at One 20240706

preston crown court after falsely claiming she was the victim of an asian grooming gang. eight and a half years. the devastation left by the earthquake in turkey. now uk engineers fly out to help assess why so many buildings collapsed. and the public swimming pool that is being heated by a tiny data in exmouth. coming up on the bbc news channel, a privilege to play him, but that didn t stop him winning. jack draper faces and beats andy murray for the first time in an all british battle at indian wells. good afternoon and welcome to the bbc news at one. the total amount people can accumulate in their pension pots before paying extra tax is expected to be increased in tomorrow s budget. it s thought people could save up to £1.8 million over a lifetime, up from just over a million currently. the change is part of the government s plans to persuade people to stay in work for longer but critics say the move will only benefit a small fraction of the workforce. here s our econ

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