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BBCNEWS BBC News at Ten June 4, 2024 22:18:00 - Vimarsana News

BBCNEWS BBC News at Ten June 4, 2024 22:18:00

Difficult economic times now. the argument we have is not with the office l for budget responsibility, our argument is with - the government, that they have made the wrong choices. - so while their methods may differ, the government and opposition accept the same starting point, that there are £55 billion of tax rises or spending cuts required to repair the public finances. shared tough choices, for a tricky future. faisal islam, bbc news, swindon. meanwhile, the government has been criticised for its decision to delay the introduction of a cap on the amount people have to pay for their socia...

BBCNEWS BBC News at Ten June 4, 2024 22:16:00 - Vimarsana News

BBCNEWS BBC News at Ten June 4, 2024 22:16:00

But those in the middle, earning between 35,000, and 112,000, will be between £350 and £600 worse off, a significant proportion of their incomes. people on average earnings, maybe earning £25,000, £30,000, even £40,000 a year, they will be feeling a lot worse off over the next couple of years. prices are going up, their earnings will not be going up in general as fast as prices. good to see you again. visiting swindon after a set of forecasts that depict an historic economic challenge and constraints that could last years, the opposition top team, making a rather big claim. the labour par...

BBCNEWS BBC News at Ten June 4, 2024 22:15:00 - Vimarsana News

BBCNEWS BBC News at Ten June 4, 2024 22:15:00

Swindon, the day after an extraordinary autumn statement. even at this networking meeting of women entrepreneurs, the historic middle income hit is apparent to all in this squeezed swindon. just scary, really — me and my husband both work full—time, and our disposable income is shrinking month by month. 0ur mortgage has gone up, childcare costs have gone up, food bills, obviously energy bills. in terms of the pound in their pockets, most people will be worse off in coming years. this shows how the impact by 2028 of tax and benefit policy changes since a year agp differs. since a year ago d...