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Transcripts For BBCNEWS Breakfast 20240702



record high, and the office for budget responsibility says it would represent the largest fall in living standards since the 19505. our business correspondent emma simpson reports. these reforms will save around two million self employed people an average of £350 a yearfrom april. better than nothing. tuning into the autumn statement at walthamstow market. a good place to test the mood. pensioners seemed happy. him increasing pension, that s good for me. and young workers like the rise in the minimum wage too. 10% more i m going to win i m going to earn. yeah. who wouldn t like it? but other workers said the cut to national insurance isn t enough. not with the way things are at the moment. the cost of living is too expensive. £450, divide that by 12, divide it by the family that you ve got. is it enough? i don t think so. here are the key details. first, that national insurance cut. it s going from 12% to ten for all employees from january. the self employed will ....

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