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Government is dependent on publicly torching everything she believes, so todayis torching everything she believes, so today is a humiliation for her, it is a humiliation for the government. the challenge for liz truss is to convince her own mps that she has more to offer as prime minister. many of them have privately been saying theyjust can't see a way back. a few of them are starting to set publicly now, too.— set publicly now, too. if your confidence _ set publicly now, too. if your confidence levels _ set publicly now, too. if your confidence levels as - set publicly now, too. if your co...

Good afternoon and welcome to bbc news. the new chancellor, jeremy hunt, has scrapped almost all of the key measures in last month�*s controversial mini—budget, in the latest in a series of government u—turns. in an emergency statement, he abandoned indefinitely the planned 1p cut in the basic rate of income tax, that had been due to come in next year. help with energy bills will now only last until next april instead of for two years and then will be reviewed. mr hunt claimed all today�*s announcements will save £32 billion a year but he warned there are more difficult decisions ahea...

Had been the latest in a whole series of government u—turns. let's bring you up—to—date if you're just joining us with what is happened today. a bit of a recap for you. and in an emergency statement this morning jeremy abandoned indefinitely the plan ip cut in the basic rate of income that it didn't do to come in next year. ——jeremy hunt. help with bills will only last until next april instead of two years was that it will then be reviewed. mr hunt claimed all today's announcements will save £32 billion a year but he did warned there are more difficult decisions are ahead on tax and...

The new UK chancellor is expected to set out plans for spending cuts and tax increases.

The new chancellorjeremy hunt scraps most of last month's controversial mini budget, ditching the promise of a 1p cut in basic income tax — while help with energy bills will only last til april. the chancellor's emergency statement was designed to calm turmoil on the financial markets. early reaction there has been positive. the head of the metropolitan police says hundreds of his officers should have been sacked for gross misconduct. civilians rescued in the ukrainian capital — after an attack by russian kamikaze drones. scotland's first minister nicola sturgeon has set out her economic a...