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BBCNEWS BBC News June 4, 2024 16:44:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 16:44:00

Markets went up. this was the rest of the world marking the chancellor's homework for him and feeling him last friday.— feeling him last friday. when you finall aet feeling him last friday. when you finally get a _ feeling him last friday. when you finally get a verdict _ feeling him last friday. when you finally get a verdict from - feeling him last friday. when you finally get a verdict from the i finally get a verdict from the office of budget responsibility, what do you think i will say? do you think it will say the government figures do not add up, that their homework is basically wrong...

BBCNEWS BBC News June 4, 2024 09:10:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 09:10:00

To prepare a draft forecast in time for last friday's mini—budget, that offer wasn't taken up. forecasts from the 0br give an indication of the state of the nation's finances and there have been calls for a forecast to be published in the last week. since it was announced at the end of last week, the mini—budget has faced widespread criticism — including from the international monetary fund and former bank of england governor mark carney. the turmoil has seen a large gap in the polls open up between labour and the conservatives just days ahead of the conservatives' conference that begins...

BBCNEWS BBC News June 4, 2024 09:13:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 09:13:00

Earlier i spoke to sir charles bean — he worked at the 0br for five years on the budget responsibility committee. he told me how important theirforcasts are... the key thing about the formation of the 0br is that it took forecasting outside the treasury and gave it to an independent agency. and that meant it wasn't subject to some of the pressures and wishful thinking that has been plaguing treasury forecasts in the past. you can't claim that 0br forecasters are endowed with greater wisdom or anything. their forecasts won't necessarily come to pass, but the key thing is they are not particul...

BBCNEWS Breakfast June 4, 2024 06:04:00 - Vimarsana News

BBCNEWS Breakfast June 4, 2024 06:04:00

With labour well ahead in the polls, some tory mps need convincing, too, that the government is on the right path. simon jones, bbc news. 0ur political correspondent leila nathoo is at westminster for us now. good morning. we heard from liz truss after few a days, we haven't yet heard from kwasi kwarteng, but the government is under pressure to react to what has happened over the last few days, since the mini budget. last few days, since the mini buduet. . ~ , budget. yeah, i think there will be a lot of people _ budget. yeah, i think there will be a lot of people resisting _ budget. yeah, i t...

BBCNEWS BBC News June 4, 2024 09:18:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 09:18:00

The economic outlook has deteriorated significantly, obviously, with a much higher inflation, slower growth in prospect, much higher debt interest. and that 30 billion headroom, which liz truss during the leadership campaign had claimed could be used to finance tax cuts, in my view it is highly unlikely to be in there. in fact it could well be a shortfall until we see the numbers but we don't know. how important then is it that the 0br can talk frankly about today's meeting, because the prime minister and chancellor will go to the party conference starting this weekend and they could say we ar...