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BBCNEWS BBC News July 7, 2024 - Vimarsana News

BBCNEWS BBC News July 7, 2024

the chancellor has confirmed that the costs of the energy price cap will be funded by borrowing. leaving the eye watering windfall profits of the eye watering windfall profits of the energy giants untaxed. the oil and gas producers will be toasting the chancellor in the boardrooms as we speak while working people are left to pick up the bill. borrowing higher than it needs to be, just as interest rates rise. and yet the chancellor refuses to allow independent economic forecast to be published which will show the impact of this borrowing on our public finances, on growth and on inflat...

BBCNEWS BBC News June 4, 2024 05:21:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 05:21:00

Has not happened for half a century. I has not happened for half a centu. , has not happened for half a centu. ~ ,. , century. I think the point is we have century. I think the point is we have had century. I think the point is we have had quite century. I think the point is we have had quite a century. I think the point is we have had quite a lot century. I think the point is we have had quite a lot of. We have had quite a lot of experience in dealing with this. Even though this is perhaps the most serious threat of Volcanic Eruptions in iceland since january 1973. The land of Fire Iceland si...

BBCNEWS BBC News June 4, 2024 09:16:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 09:16:00

Thing. in terms of that 45 billion, there is no energy costs in there. that is gone within a couple of years, we assume. with 45 billion of tax cuts and a slowing economy, which means we will be borrowing more than we were expecting since the obr did their last forecast, we will be expecting to borrow £120 billion in three years' time. if we do that the debt will rise year on year on year. just do that the debt will rise year on year on year-— year on year. just sort of sitting back and going _ year on year. just sort of sitting back and going over— year on year. just sort of sitting back...