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BBCNEWS BBC News June 4, 2024 09:07:00

What was a gamble, in my view, is sticking to the corset we were on. we had a tax system and taxes that a 70 year high, highest since the lat 40s and that was unsustainable. what we had to do was have a reboot, rethink and what we are doing is pushing growth, incentivising investment and actually, critically, helping people on low incomes keep more of the money. they call it a mini budget. but this is actually an enormous and unconventional plan to get the economy moving again. and the big question is, will it work? ben king, bbc news, reading. 0ur political correspondent helen catt is here for us. what catt is here for us. is your sense of the reaction to what is your sense of the reaction to this. it what is your sense of the reaction to this. , . .., what is your sense of the reaction tothis. ,. ,, to this. it is critical because most eole to this. it is critical because most peeple can to this. it is critical because most peeple can see to this. it is critical because most pe ....

Tax System , Lat 40s , Bbc News , Big Question Is , Ben King , Helen Catt , Reaction Tothis , 0ur Political Correspondent ,

BBCNEWS BBC News June 4, 2024 00:13:00

They they live the bankers bonuses, they are they live the bankers bonuses, they are looking they live the bankers bonuses, they are looking at they are looking at billionaires - they are looking at billionaires for- they are looking at - billionaires for example they are looking at billionaires for example being handed billionaires for example being handed the billionaires for example being handed the best billionaires for example being handed the best offer- billionaires for example being . handed the best offer £55,000, almost handed the best offer £55,000, almost double handed the best offer £55,000, almost double the handed the best offer £55,000, almost double the median - handed the best offer £55,000,| almost double the median salary for people almost double the median salary for heapte of almost double the median salary for people of england for people of england and wales wales. the . wales. i the prime wales. the prime minister and chanc ....

Prime Minister , Investment Zones , Tax System ,

BBCNEWS Breakfast June 4, 2024 05:04:00

This is a gamble. a very fast growth done so, whether because of the government policies or for other reasons it will be a good thing and help us manage those higher deficits, but if it doesn t we re taking a big risk that on info that tax rises in future. and the pound for more than 3% against the dollar. shares also fell and government borrowing costs rose, but the government still believes that the dash for growth is right strategy. i don t think it is a gamble at all. what was a gamble in my view was sticking to the because we were on. we had a tax system, taxes at a year 75 we had a tax system, taxes at a year 75 and year high, i since the late 19405, 75 and year high, i since the late 1940s, we needed a reboot, everything, thinking about incentivising investment and critically helping people on lower incomes keep more of the money. they call it a mini budget but this is actually an enormous and unconventional plan to get the ....

Doesn T , Tax System , Mini Budget ,

BBCNEWS BBC News June 4, 2024 18:07:00

Uk s constituents of their taxes to the uk s most constituents of their taxes to the uk s most profitable companies and the wealthiest individuals will help them the wealthiest individuals will help them to the wealthiest individuals will help them to get a gp appointment when they needed, give their children a better they needed, give their children a better education and make their streets better education and make their streets safer. the better education and make their streets safer. better education and make their streets safer. the prime minister and chancellor streets safer. the prime minister and chancellor visited streets safer. the prime minister and chancellor visited a - streets safer. the prime minister and chancellor visited a house i streets safer. the prime minister l and chancellor visited a house built one for targeted help. i asked kwasi kwarteng if he felt he was taking a big gamble. i kwarteng if he felt he was taking a bi ramble. ., ., kwarteng if h ....

Prime Minister , Streets Safer , Gp Appointment , Kwasi Kwarteng , Bi Ramble , Big Gamble , A Streets Safer , House I Streets Safer , Tax System ,

BBCNEWS BBC News June 4, 2024 19:07:00

Individuals will help them to get a gp appointment when they need it, give their children a better education and make their streets safer? the prime minister and chancellor visited a house builder this afternoon in ebbsfleet, a town that may become one of the government s new investment zones for targeted help. i asked mr kwarteng if he felt he was taking a big gamble. i don t think it s a gamble at all. what was a gamble, in my view, was sticking to the course we were on. we had a tax system, taxes up to 70, our highest since the late 40s, and that was unsustainable. what we had to do is have a reboot, a rethink and what we are doing is pushing growth, incentivising investment and critically helping people on lower incomes keep more of the money they earn. what does being fair mean ....

Prime Minister , House Builder , Gp Appointment , Kwasi Kwarteng , Investment Zones , Tax System , Late 40s ,