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BBCNEWS Politics July 4, 2024

Paid for by spending cuts and tax rises elsewhere . And with a general election imminent, how will the Budget Go Down Beyond Westminster . Im in Newcastle Hearing from local businesses and Community Leaders about what they want from the budget and getting their reaction to what the chancellor announces. Yes, its budget mike day. The day has finally arrived. One of the few remaining set pieces were the government gets the opportunity to set out its agenda before the general election. Whenever that happens. We will talk about speculation on a date later. It will be important to hear how the chancellor, jeremy hunt, presents the decisions that he makes today, because we have heard quite a lot about what is going to be in this budget. Lets give you a flavour of that on some of the front pages. The ti ....

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BBCNEWS BBC July 4, 2024

Good evening from newcastle, as the dust settles onjeremy hunts budget, quite possibly the last, before the general election. You join us on the citys Iconic Quayside Overlooking the magnificent river tyne, an area steeped in industrial history, and weve been gauging reaction here, to the chancellors plans throughout the day. Among his biggest annoucements, was a cut in National Insurance, by 2p in the pound, for employees and the Self Employed. Full Child Benefits will be paid to households, where the highest earning parent, is getting up to £60,000. The current limit is £50,000. And, the non dom tax regime, for uk residents whose permanent home is overseas, is to be replaced with new rules, from april next year. Well, the office for budget respons ....

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BBCNEWS World July 4, 2024

As he prepares to do this again, hes trying to improve his partys fortunes. This morning, jeremy hunt was keeping his cards close to his chest as he toured the tv studios. But he did give this hint. I do want, where its possible to do so responsibly, to move towards a lower tax economy, and i hope to show a path in that direction. But this will be a prudent and responsible budget for long term growth. With roughly £13 billion to play with, thats less than hed hoped for. The chancellor is scrabbling around for ways to find more cash that would allow him to reduce taxes. And labour arent saying whether theyd prioritise tax cuts or not. So would you bring down taxes now . Well, we want to bring the tax burden down in the long run, but were not going to promise anything which is not completely responsible and fully funded and fully costed. And youll see all of our plans in the manifesto for getting the economy growing because that Econo ....

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BBCNEWS BBC July 4, 2024

What exactly do we know about tomorrows budget . Lets look at the bi icture tomorrows budget . Lets look at The Big Picture and tomorrows budget . Lets look at The Big Picture and then tomorrows budget . Lets look at The Big Picture and then the tomorrows budget . Lets look at The Big Picture and then the detail. Tomorrows budget . Lets look at The Big Picture and then the detail. The l big picture and then the detail. The economic reality, the economy is stagnant. We are in recession. Albeit a shallow one. Taxes are through the roof by any recent historic standard. And Family Finances feel squeezed. Then there is the political reality, the conservat ....

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BBCNEWS BBC July 4, 2024

Hamas is ready to release the most vulnerable israeli hostages it holds but one egyptian official says there are still technical issues to resolve. Including agreement on the number of palestinian prisoners the israelis would be prepared to release an exchange. The us is carrying out its first airdrop of humanitarian aid on saturday with more than 30,000 Meals Parachuted by three military planes. Meanwhile, an Israeli Army Spokesman says the military says has completed a review. An Israeli Army Spokesman says the military has completed a preliminary review into the incident last thursday in which dozens of palestinians were killed as an aid convoy arrived in gaza city. Rear admiral Daniel Hagari says the review determined that forces did not strike ....

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