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BBCNEWS BBC News June 4, 2024 09:46:00

The treasury says an average earner will save around £a50 a year but critics warn other tax changes mean employees won t be any better off. here s our business correspondent, marc ashdown. 27 million workers may be about to see a little bump in their pay packet. it s down to changes to national insurance. the money automatically deducted from your salary to help fund the state pension. from today, contributions in the basic tax band are being cut from 12% to 10%. the chancellor says everyone will take home a bit more cash. we ve already started cutting taxes and that s what s happening today. a 2% cut in national insurance, that s nearly £1,000 for a typical family with two earners. and that is a very significant change because it was right to put up taxes to pay back the debt from the help we gave families during covid and during the cost of living crisis. but now we ve turned a corner, brought down inflation. ....

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BBCNEWS Breakfast June 4, 2024 06:10:00

The ground yet. hearing of more than 160 people killed overnight, according to the hamas run health industry including in central gaza where israel has told people to go for more safe zones. that hasn t been the case. but also, antony blinken, in terms of diplomacy, has a lot to talk about with many partners that are directly or indirectly involved with this conflict. he needs to come up with a unified plan about what happens the day after. who is going to govern gaza? how long the israeli security presence is going to be? so far the plan we have had hasn t really satisfy the key partners here. it s going to be a very difficult diplomatic effort but i think it comes at a very volatile time and moment in the region right now. absolutely. thank you so much. shaimaa khalil there for us. more than 20 million working people will pay less national insurance from today. the treasury says an average earner ....

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BBCNEWS BBC News June 4, 2024 15:47:00

Rwanda plan happened. from today, more than 20 million people in work in the uk will pay lower national insurance contributions. the main rate falls from 12 to 10%. the treasury says the saving for an average earner will be £450 a year, but labour called it a raw deal and economists said many households are still facing the burden of high taxes. it s an epic work that will span 18 metres. a new national war memorial will be installed in washington dc later this year and one foundry in gloucestershire has played a key part. the extraordinary work of art has taken pangolin foundry in stroud and american sculptor sabin howard around 10 years to create, as amanda parr reports. a depiction of one soldier s journey through the great war and a creative journey like no other for the team here at pangolin. the american sculptor, sabin howard, searched the world for a foundry he trusted and he discovered it in stroud. as you can see, the casting has come beautifully, ....

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BBCNEWS BBC News June 4, 2024 17:55:00

From today, more than 20 million people in work in the uk will pay lower national insurance contributions. the main rate falls from 12% to 10%. the treasury says the saving for an average earner will be £450 a year, but labour called it a raw deal and economists said many households are still facing the burden of high taxes. the singer michael bolton has announced he s in recovery following surgery to remove a brain tumour. the american pop star announced on instagram that he was diagnosed late last year and underwent immediate surgery. he said he was now recuperating at home. michael had been due to go on tour in february, he says he will now take a temporary break from touring. stay with us here on bbc news. hello there. for many, it s been a much drier day today with some sunshine. but again, there are still around ....

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BBCNEWS BBC News June 4, 2024 10:41:00

National insurance from today. the treasury says an average earner will save around £450 a year but critics warn other tax changes mean employees won t be any better off. the uk chancellorjeremy hunt told the bbc this is an important step in bringing down the tax burden on ordinary families. we gave a lot of help to families during the pandemic and in the cost of living crisis, and just like america, germany, france, many other countries, taxes have gone up to pay for that. we are making a start in bringing them down today, we can t get all the way back to pre pandemic levels of tax in one fell swoop, but we do want to bring taxes down, and that is a fundamental choice the country will be making this year, a general election year. with more on this, our correspondent, anisa kadri. how will this affect wages? the 1096 how will this affect wages? the 10% rate ....

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