let me finish on the obr, the obr | let's be quite clear...aperju5t a couple _ the autumn statement paperju5t a couple of— the autumn statement paperju5t a couple of weeks _ the autumn statement paperju5t a couple of weeks ago, _ the autumn statement paperju5t a couple of weeks ago, that - the autumn statement paperju5t a couple of weeks ago, that zero i couple of weeks ago, that zero growth — couple of weeks ago, that zero growth and _ couple of weeks ago, that zero growth and because _ couple of weeks ago, that zero growth and because of- couple of weeks ago, that zero growth and because of mass i growth and because of mass immigration. _ growth and because of mass immigration, gdp— growth and because of mass immigration, gdp per- growth and because of mass immigration, gdp per headl growth and because of mass i immigration, gdp per head would growth and because of mass - immigration, gdp per head would be falling _ immigration, gdp per head would be falling by— immigration, gdp per head would be falling by record _ immigration, gdp per head

according to the obr, mental health conditions _ issue.h conditions are the _ issue. according to the obr, mental health conditions are the biggest - health conditions are the biggest driver— health conditions are the biggest driver of— health conditions are the biggest driver of rising economic inactivity in the _ driver of rising economic inactivity in the years— driver of rising economic inactivity in the years post—pandemic, and that is taking _ in the years post—pandemic, and that is taking workers out of the workforce. as an employer, you can't hire att— workforce. as an employer, you can't hire all the _ workforce. as an employer, you can't hire all the people you need, nor keep— hire all the people you need, nor keep the — hire all the people you need, nor keep the people you need in work. the economy as a whole is suffering along _ the economy as a whole is suffering along with _ the economy as a whole is suffering along with individuals because of this _ along with individuals because of this i _ along with individuals because of

was it a reference to the fact that you think in this particular meeting you had argued from an obr —terrible consequences further up the road? was that not the debate going on at the time? i can't comment on a particular meeting because i don't recall it. in general i was making the points at this time about the economic impact, what was happening internationally, the fact that we were investing in test and trace and the joint bio—security centre as new institutions that would allow us to manage and exit. and i was also concerned at this point in time about the data that we were receiving on transmission, and admissions, and i think it was exactly around this time that it was clear that we had probably been over estimating and that is something that was acknowledged a bit later by sage. and a large amount of the transmission happening was not happening in sectors of the economy which were open or closed but in hospitals or care homes which requires a different response. there were not issues that were understood late on but they were starting to become issues. there are the types of

>>pasamos al medio obre este del paÍs donde una tormenta invernal afecta los planes de miles de personaslgadas de nieve.es que el mal tiempo sigue provocando dolores de cafÉ a las personas que decidieron viajar en estos dÍas festivos. los principales aeropuertos reportaron retrasos. los problemas los causÓ unÁnime pero en otros se debieron a una espesa neblina. en el aeropuerto de chicago estÁ enrique garcÍa fuentes. >>termina el dÍa de navidad y millones de personas regresan a casa, eso acelera la actividad de los aeropuertos de todo el paÍs. hay quien la terminal aÉrea 1000 buey de chicago en los vuelos regresan a la normalidad, sin embargo ese no es el caso en otras ciudades. un dÍa se registraron 5500 retrasos de vuelos de todo el paÍs y con diferentes aerolÍneas. estadÍsticas registran 713 cancelaciones en los aeropuertos mÁs grandes. otros retrasos se atribuyen a las condiciones del tiempo. la nieve causÓ dolores de cabeza para viajeros, dakota del sur y nebraska. la nieve que uso numerosos accidentes de carretera. en el aeropuerto se registraron cientos de canciones y mÁs de 2000

and the obr's forecasting growth over or two. this over the next year or two.ean, this is actually very bad news indeed . bad news indeed. >> it absolutely is. yes. and the thing is, we should actually be booming right now . we've only be booming right now. we've only just about recovered to pre—covid level. we've got a lot to make up for , and we should be to make up for, and we should be really in a booming economy. now, a lot of people are blaming the bank of england's decision to keep their rates as high as they currently are, but by historic standards, that is not such an unusual level. in the 90s, in the early 2000, those would have been completely normal levels. >> they have been. that's >> they would have been. that's right. they kept the right. but they have kept the rate at i think they've rate at 5.25. i think they've had 14 consecutive increases until last few months . but until the last few months. but it takes time for that to trickle through you want to trickle through if you want to create growth , then create some growth, then actually reducing

and the obr's forecasting growth over or two. this over the next year or two.ean, this is actually very bad news indeed . bad news indeed. >> it absolutely is. yes. and the thing is, we should actually be booming right now . we've only be booming right now. we've only just about recovered to pre—covid level. we've got a lot to make up for , and we should be to make up for, and we should be really in a booming economy. now, a lot of people are blaming the bank of england's decision to keep their rates as high as they currently are, but by historic standards, that is not such an unusual level. in the 90s, in the early 2000, those would have been completely normal levels. >> they have been. that's >> they would have been. that's right. they kept the right. but they have kept the rate at i think they've rate at 5.25. i think they've had 14 consecutive increases until last few months . but until the last few months. but it takes time for that to trickle through you want to trickle through if you want to create growth , then create some growth, then actually reducing

so even if the chancellor did find some money back the back the obr back down the back of the obr sofatance tax, sofa and cut inheritance tax, i don't think you'd any don't think you'd get any political it first political benefit from it first of all. but secondly, i think it's unfair as it's simply unfair as as benjamin um, that benjamin has suggested, um, that at when millions at a time when millions are being taken into higher tax thresholds due to fiscal drag to be any that the be spending any money that the chancellor can to on chancellor can find to spend on tax cut, that tax cuts on a tax cut, that essentially makes it easier for wealthy men like himself. and the hand on the prime minister to hand on wealth own children in wealth to their own children in is a bad political look for is a very bad political look for the and as the conservatives. and as somebody who has a vested interest conservatives interest in the conservatives trying next election, trying to win the next election, i trying to inheritance i think trying to an inheritance tax rather say, taking tax now rather tha

recently, the obr predicted that he would go up by around £15 in april, around 9%, is a £173.50 nextenying that she is ripping up a deal the government already made with the bbc, which was due to take funding on the way up to 2027. but she says she is concerned about the cost of living in the government is looking at the appropriate rate of inflation, and what is being reported is that the government is going to decide the licence fee based on what inflation was in september, and because inflation has been falling, that means it would be a lower amount thanif means it would be a lower amount than if you had taken it as the average over the year. people who follow these things when the bbc is already looking to save £500 million. that is based on that previous settlement. so it could mean more cuts. and on top of that, the government is looking from 2027 about whether to replace the licence fee entirely with a different model, weather that could be advertising, a subscription, or something else. weather that could be advertising, a subscription, orsomething else. so clearly these are

so even if the chancellor did find some money back the back the obr back down the back of the obr sofainheritance tax, sofa and cut inheritance tax, i don't think you'd any don't think you'd get any political it first political benefit from it first of all. but secondly, i think it's unfair as it's simply unfair as as benjamin um, that benjamin has suggested, um, that at when millions at a time when millions are being taken into higher tax thresholds due to fiscal drag to be any that the be spending any money that the chancellor can to on chancellor can find to spend on tax cut, that tax cuts on a tax cut, that essentially makes it easier for wealthy men like himself. and the hand on the prime minister to hand on wealth own children in wealth to their own children in is a bad political look for is a very bad political look for the and as the conservatives. and as somebody who has a vested interest conservatives interest in the conservatives trying next election, trying to win the next election, i trying to inheritance i think trying to an inheritance tax rather say, taking tax now rath

it's important to be aware that there's a huge amount of volatility in borrowing forecasts from the obrn expected borrowing in the fifth year ahead due to things like weaker growth or higher inflation. blue bars show more borrowing expected than previously, red bars show less borrowing than expected. the average change is 0.75% of gdp, or £20 billion in today's money. it could be worse, as in the pandemic, or it could be better, like after the most recent autumn statement. but based on past experience, always around £20 billion of uncertainty about the five—year forecast on average. that's the context for the suggestion labour's £20 billion borrowing plans would certainly mean it busting its fiscal rules. we shouldn't place too much stock in one set of forecasts and what things will look like in 2029 and we shouldn't necessarily think that will govern the precise things that go into the party manifestos. the big picture is currently that jeremy hunt has not left himself much leeway against his fiscal rule by historic standards. and that would be the situation that the next government, l

far from falling, economists now suggest that debt is the obr has is skyrocketing and the obr has saidstainable. meanwhile, nhs waiting lists reached an all time high of an eye—watering 7.7 million last month. and with demand back to pre—pandemic levels, they don't look set to shnnk levels, they don't look set to shrink any time soon. to compound the problem , nhs nurses compound the problem, nhs nurses and doctors have been striking on and off all year and doctors at least look set to continue. well into 2024. as for stopping the boats, polls suggest that the boats, polls suggest that the public believe a sunak has failed on this pledge too, though that may be a little unfair. the data shows that there has actually been a 30% drop in crossings this year, compared to last. it is perhaps hardly a surprising view on that point. >> on foreign courts, the conservative party is in civil war mode over the rwanda scheme, which looks set to be bogged down parliament for many down in parliament for many months to come. >> keir starmer is >> meanwhile, keir starmer is coming up with his own solu

compares to the forecast for future migration laid out by the 0br~ _ future migration laid out by the obr important oint in a transparency? he makes a important point in a more _ transparency? he makes a important point in a more happy _ transparency? he makes a important point in a more happy to _ transparency? he makes a important point in a more happy to put- transparency? he makes a important point in a more happy to put our- point in a more happy to put our estimates of the estimates in previous announcements. i understand exactly what — previous announcements. i understand exactly what the _ previous announcements. i understand exactly what the minister _ previous announcements. i understand exactly what the minister is _ previous announcements. i understand exactly what the minister is trying i exactly what the minister is trying to do— exactly what the minister is trying to do in— exactly what the minister is trying to do in relation to migration and there _ to do in relation to migration and there is— to do in relation to migration and there is a — to do in relation to migration

far from falling, economists suggest that debt economists now suggest that debt is , and the obr hasyrocketing, and the obr has said the current trajectory said that the current trajectory is unsustainable . meanwhile nhs is unsustainable. meanwhile nhs waiting lists reached an all time high of an eye—watering 7.7 million last month, and with demand back to pre—pandemic levels, they don't set to levels, they don't look set to shnnk levels, they don't look set to shrink time soon. to shrink any time soon. to compound problem , nhs nurses compound the problem, nhs nurses and doctors have been striking on and off all year and doctors at least look set to continue well into 2024. as for stopping the boats. polls suggest that the boats. polls suggest that the public believe a sunak has failed on this pledge too, though that may be a little unfair. the data shows that there has actually been a 30% drop in crossings. this year compared to last. it is perhaps hardly a surprising view, friend on that point. >> on foreign courts, the conservative is in civil conservative party is in civil war

far from falling, economists now suggest that debt is , and the obr has is skyrocketing, and the obrhat the current trajectory is . and meanwhile , is unsustainable. and meanwhile, nhs waiting lists reached an all time high of an eye—watering 7.7 million last month. and with demand back to pre—pandemic levels , they don't look set to levels, they don't look set to shnnk levels, they don't look set to shrink any time soon. to compound the problem , nhs nurses compound the problem, nhs nurses and doctors have been striking on and off all year , and doctors on and off all year, and doctors at least look set to continue well into 2024. as for stopping the boats, polls suggest that the boats, polls suggest that the public believe a sunak has failed on this pledge too, though that may be a little unfair. the data shows that there has actually been a 30% drop in crossings. this year compared to last. it is perhaps hardly a surprising view on that point. >> on foreign courts, the conservative party is in civil war mode over the rwanda scheme , war mode over the rwanda scheme, which looks set

new data shows property taxes in the uk are among the highest across the developed world, with the obrignalling further hikes will come . the defence secretary come. the defence secretary today said securing the seas was the only way to defeat russia's president putin as he announced a new maritime coalition alongside norway. two royal navy mine hunter ships will be transferred to ukraine as part of efforts to bolster the country's defence capability . country's defence capability. it'll deliver long term support, including training , equipment including training, equipment and infrastructure to boost security in the region . and the security in the region. and the government is offering a financial package which it says is worth £2.5 billion to support the return of devolution in northern ireland. it would include a lump sum to settle pubuc include a lump sum to settle public sector pay claims and a new needs based funding formula for public services. sinn fein vice president michelle o'neill said the offer doesn't touch the surface , while dup leader sir surface, while dup leader sir

because it is my i think it's the had to decide on a it's the obr had to decide on a big spending commitment it to fall during it happened to fall during a party had to party conference. they had to decide what to about it. decide what to do about it. >> just a poor >> i think he's just a poor politician he doesn't. he politician and he doesn't. he doesn't he allowed doesn't get it. so he allowed it to all to overshadow manchester of all places because it was overshadowed by we have a bonus, quentin, i think you're getting a sort of issue that only the, um , only the elite , only the um, only the elite, only the daily mirror , all the well paid, daily mirror, all the well paid, only the sort of people who are going to ride on this train were upset it, it struck me upset about it, and it struck me as an entirely sensible thing to do . do. >> the thing should never have been commissioned in the first place. >> david cameron's fault, david cameron's adonis's fault. >> david cameron's fault, david camer0|adonisonis's fault. >> david cameron's fault, david camer0|adonis ands fault. >> david camer

well, we where's the obr on net zero? of calculation required to determine whether that's going to damage the economy in the way that i've been setting out? we do know the treasury is estimated cost to be 1.4 estimated its cost to be 1.4 trillion. that's 70% of our national debt . again, in order national debt. again, in order to hit net zero. and that's the treasury's estimate . when was treasury's estimate. when was the treasury last time on a correct. on a number. it's never right. so if they say 1.4 trillion, it's probably going to be more like double that. so we'll see our national debt skyrocket , but we'll see our skyrocket, but we'll see our economy collapse . we'll have economy collapse. we'll have embedded inflation and the way we'll hit net zero is by exporting all our manufacturing and other carbon carbon producing industries to china. the whole thing is a farce. what we should do is just ditch the drive to net zero. in the united kingdom, it's not a matter of, you know, move the deadline for internal combusti

there was no if if the obr had. no if the if the obr had. >> oh, i believe we actually have sunak now speaking. let's cross to dubai. >> good evening. i'm here at cop 28 with two clear messages . 28 with two clear messages. >> first, the world needs to do more climate change. more to tackle climate change. we've made real progress, including at the glasgow summit. but the climate science and mounting evidence of climate related disasters show that we're moving quickly or we're not moving quickly or effectively so i'm effectively enough. so i'm calling on major emitters to dramatically accelerate delivery on what they've already promised everyone can do more and let's be very clear the uk is leading the charge. we're absolutely committed to our net zero targets as we've already decarbonised faster than any other major economy . our other major economy. our emissions are down 48% since 1990, compared to limited cuts from others and a 300% increase from others and a 300% increase from china . we're also one of from china. we're also one of the largest climate donors because we want to he

yeah >> well, mr speaker , as my >> well, mr speaker, as my honourable friend knows, the obr has broughtreater transparency and independence to the forecasting of which government policy is based. but he's right and it is required to produce an assessment of its accuracy of its fiscal and economic forecasts at least once a year. but crucially, as he acknowledged, thanks to our management of the economy, the fact we have halved fact that we have halved inflation, controlled borrowing, we delivered the we now have delivered the largest tax cuts in a generation, mr speaker, and they will benefit families up and down the country from january . down the country from january. the leader of the opposition , the leader of the opposition, keir starmer. >> thank you, mr speaker. yesterday we heard of the tragic death of a young man on the bibby stockholm. >> i know the whole house will want to send our deepest condolences to his family and friends. we must never let this happen again . friends. we must never let this happen again. i friends. we must never let this happen again . i would also like

, actually, if you look at the autumn statement, if you look at the measures, we announced that the obrt would extra 5% to growth. would add an extra 5% to growth. if you look at the our performance over 25 to 28, the next period , it sees us growing next period, it sees us growing faster than france , germany and faster than france, germany and many other countries. but of course, there is more to do . and course, there is more to do. and that's why, for example, we're focusing on business investment. and thanks to the full deduction of expenses , we're seeing of expenses, we're seeing greater business investment in this country. and even a country like united what i'm like the united states. what i'm saying really, is that the measures that the prime minister and the chancellor announced are actually putting the building blocks in place deal with the blocks in place to deal with the growth which don't growth challenge, which i don't doubt problem. doubt has been a big problem. >> they're not working, are >> but they're not working, are they? sunak they? because rishi sunak approval ra

. >> actually, if you look at the obr office for budget responsibility forecast, they are projecting the through, through through the pefiod the through, through through the period ahead . but it's also period ahead. but it's also really important that we do the things necessary to do that. one of know, halving of them is, you know, halving inflation, which has been achieved. but need to work achieved. but we need to work further but also we, further on that. but also we, you know, to growth to you know, to drive growth to underpin growth, encouraging business really business investment is really important that . it's also important for that. it's also worth saying through it all, of course, that still have course, that we still have historically levels of historically very high levels of employment historically low employment, historically low levels unemployment and levels of unemployment. and that is encouraging , i think, is very encouraging, i think, for for the future to on the for the for the future to on the tweet calling the defence secretary for shapps shapps, this is from g