Search results for ‘cuts’
2,883 items found
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Conservative U-Turn on tax cuts explained
Our political editor Gary Gibbon explains why the Chancellor U-turned on tax cuts.
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Rishi Sunak promises tax cuts ahead of Autumn Statement
Rishi Sunak has promised taxes will come down “over time” – as he set out what he called the “next phase” of the Government’s plans to boost the economy.
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Exclusive: Ezra Collective on Mercury Prize win and ‘heartbreaking’ cuts
Throughout the three decade long history of the Mercury Prize, there had been numerous albums shortlisted by jazz acts.
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China cuts key interest rate to boost economy
Today, the Chinese authorities cut interest rates in a bid to boost growth, but financial markets were surprised they didn’t do more.
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UK foreign aid: Thousands of women could die due to cuts
Ministers were warned by their own advisers that cutting the UK’s foreign aid budget means thousands of women in Africa will die in pregnancy and childbirth
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No public service spending cuts under Labour vows Reeves
We speak to Shadow Chancellor Rachel Reeves, whose party came out with some new policy proposals on housing today.
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BT to replace people with AI as up to 55,000 job cuts announced
The telecoms giant BT Group has said it will cut up to 55,000 jobs by the end of the decade as it completes its switch to fibre-optic broadband, with up to 10,000 of them lost to artificial intelligence.
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FactCheck: Ofgem cuts energy price cap so why are average bills rising?
Although the energy price cap will be cut by regulator Ofgem, average household bills are still set to rise by hundreds of pounds in April across England, Wales and Scotland. So what’s going on?
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Businesses fear government cuts to energy bill support
Ministers have unveiled details of the new scheme to help businesses with their energy bills – but it offers a lot less overall support than before.
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UK ‘nowhere near’ power cuts as energy prices rise, says National Grid
We’re joined by Jake Rigg, Corporate Affairs Director at the National Grid.
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Chancellor reverses tax cuts and energy help in Liz Truss’ mini-budget
The prime minister is not under a desk, declared Penny Mordaunt as she stood in for Liz Truss today in parliament – the mockery right on the edge of OK when the news is so grim. Earlier, in one of the greatest humiliations in British political history, the current Chancellor Jeremy Hunt had systematically reversed…
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New chancellor Jeremy Hunt warns of tax rises and cuts to public spending
On his first full day in office, the new Chancellor Jeremy Hunt has admitted that ‘mistakes were made’ in the Government’s economic strategy. as he warned of “difficult decisions” to come, including some tax rises and cuts in public spending.
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How will the government balance books after tax cuts?
The financial markets responded positively to the government’s u-turn, with the pound rising against the dollar. Economic reporter Neil Macdonald explains.
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Trade unions demand ‘cast iron’ assurance of no public service cuts
18 trade unions have written to the Prime Minister asking for a “cast-iron assurance” that the government will not make further real terms cuts to public services. They claimed any cuts would be “an act of national vandalism”.
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Liz Truss sticks to her plan as the Chancellor hints at spending cuts to come
After a week in which their controversial plan to grow the economy had sparked a slump in sterling and a £65 billion Bank of England bailout, the Prime Minister and Chancellor faced the music today with one clear message: they’re sticking to their guns. Liz Truss – running the gauntlet of eight back-to-back local radio…
