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Odd system, it is odd because it rewards them for keeping their money outside the uk, which we think is the opposite of what we should do. What has changed with that . What has changed with that . What has changed is that any weird concept of domicile has been abolished, there will be a simple definition based on how many years you have been resident in the uk, which is sensible, and a complete exemption from tax on the foreign assets of someone who has recently arrived in the uk, which is simpler, and i think federer. It will only last forfour years. For a last for four years. For a professional person arriving to the uk from abroad gives the four years in which they can sort their Foreign Affairs and learn to live in the uk, but it is much less useful for the very wealthy. We have got jake here who has written and, as a young person, soon to on slightly above average income, what are the longer term effects of the budget, will ....
Devastating news out of hawaii right now. Officials now say at least 36 people are dead in maui from the wildfires that are tearing through that island. Locals say they fear the death toll is going to go up. Were on the ground. Very shortly, two of Donald Trumps associates due in a florida court. Theyre set to plead not guilty to new charges in the probe of trumps alleged mishandling of classified documents. The fbi raid that turned deadly. A man in utah killed in a confrontation with federal agents serving a warrant over his alleged threats against President Biden. Im kate bolduan with john berman. This is cnn news central. The situation in hawaii has gone from bad to worse, and it is now very clearly the tragedy is not over. At least 36 people are confirmed dead now, and many people, many more unaccounted for as the wildfires continue to rip through maui. The videos coming ....
Thats down from 3. 9 in the three months to november. It marked the lowest level seen since the November 2022 to january 2023 period. Wage growth slowed again in the britishjobs market. But and this is key it is still outpacing price rises, according to the office for national statistics. Lets hear now from michael stull, director at manpowergroup uk. Michael, what are you expecting to see a little later on . Im always very excited for when the numbers come out. Im expecting a couple of things, one is i do think unemployment will take up a little bit, as you mentioned wage growth is going to slow. We will see vacancies down and underlying all of that in the Labour Market we have two bosses, a cold and hot going on. On the cold and hot going on. On the cold side we have sent a dropping, weve seen hiring slowing down and we are not out of the woods. We are blue business and consu ....
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 ....