hello — i'mjoanna gosling — live in westminster — where the chancellor kwasi kwarteng has announced what's been described as the biggest tax cutting budget in half a century. the basic rate of income tax will be cut to 19p next april — and the rate of income tax for the very highest earners will be abolished. we promised to prioritise growth, mr speaker. we promised a new approach for a new era and promised to release the enormous potential of this country. our growth plan has delivered all of those promises, and more. labour said the changes are a "comprehensive demolition" of the government's last 12 years in power. the oil and gas producers will be toasting the chancellor in the boardrooms as we speak while the working people are left to pick up the bill.

we'll bring you analysis throughout the day on bbc news — and if you want to send in your questions or thoughts on the mini—budget — get in touch — i'm @bbcjoannag on twitter — or use the hashtag — bbc your questions. and i'm lukwesa burak — the other stories on bbc news. the victims�* commissioner for england and wales dame vera baird resigns, describing the criminaljustice system as being in chaos. a 15—year—old boy has become the second person to be arrested in connection with the murder of a 15—year—old boy who was stabbed outside his school in huddersfield. and author dame hilary mantel, best known for her wolf hall trilogy, has died aged 70.

hello, i'mjoanna gosling in westminster, in a massive shake—up of the uk's finances, the chancellor kwasi kwarteng has outlined a series of tax cuts and spending commitments that will cost £45 billion by 2027. the government says its policies will help boost economic growth. but critics say funding the tax cuts will lead to unsustainable borrowing. the government had already confirmed that the national insurance rise would be reversed from november — let's take a look at the measures announced this morning in detail.

she the basic rate of income tax will be cut by 1pence to 19pence — and the 45% tax rate for top earners over £150,000 will be also abolished from april next year. a planned rise in corporation tax from 19% to 25% has been cancelled — that's the tax businesses pay on their profits. there will be a cut to stamp duty in england and northern ireland — that's the tax you pay when buying a property. the threshold will be raised to £105,000 for first time buyers and £250,000 for everyone else. the rules which cap bankers�* bonuses to twice their annual salary have been scrapped. more than a0 new �*investment zones�* will be set up in england — these zones will be allowed to relax planning rules and reduce business taxes to encourage investment. and planned increases in the duty rates for beer, for cider, for wine, and for spirits will all be cancelled. and as we�*ve been saying — the government described today�*s announcement as a mini—budget — but this chart from the institute for fiscal studies shows today�*s

statement represents the biggest tax cut of any budget since 1972. here�*s our political editor, chris mason. can you afford these i tax cuts, chancellor? technically, this wasn�*t even a budget. in reality, inside that blue booklet were the biggest tax cuts in 50 years. i now call the chancellor. of the exchequer to make a statement, chancellor! kwasi kwarteng told mps it was all about firing up the economy. growth is not as high as it should be. this has made it harder to pay for public services requiring taxes to rise, and we need a new approach for a new era. our aim over the medium term is to reach a trend rate of growth of 2.5%... and so rises in national insurance and corporation tax are being scrapped, and then the big reveal on income tax.

right now, the very highest earners, those on £150,000 a year, pay 45p in tax for every £1 over that amount they earn, but not for much longer. they have a big tax cut coming. but i�*m not going to cut the additional rate of tax today, mr speaker. i�*m going to abolish it altogether. from april 23rd, we will have a single higher rate of income tax of a0%. this will simplify the tax system and make britain more competitive, it will reward enterprise and work, it will incentivise growth, it will benefit the whole economy and the whole country... and there was more, an income tax cut for everyone. i can announce today that we will cut the basic rate of income tax to 19p in april 2023, one year early. that means a tax cut for over 31 million people in a few months time. also, an immediate cut in the property buying tax stamp

duty in england and northern ireland. but some of the measures announced are not popular, including removing the cap on bankers�* bonuses, so why do it? we need global banks to create jobs here, invest here, and pay taxes here in london! in london! not in paris, not in frankfurt, and not in new york. overall, this plan involves the government borrowing a massive amount of money, a huge about turn from recent conservative instincts. rachel reeves! labour pointed out the tories have been in government since 2010. this statement is an admission of 12 years of economic failure, and now here we are, one last throw of the dice, one last claim that these ministers will be different. for all the chopping and changing, all the chaos and confusion,

there has been one person there throughout — the prime minister. a new era, but they have been in government for 12 years, it stretches credibility beyond breaking point, saying that tax cuts for the rich, whopping bonuses for bankers and low corporation tax for companies will somehow re—float, magically, britain's sinking economy. this budget amounts to an environment wrecker�*s charter and is a statement of missed opportunities. a reportjust this week shows that a major programme of insulating homes in britain and installing heat pumps could benefit the economy by £7 billion a year, create 140,000 jobs by 2030, get fuel bills down and climate emissions down too. some financial statements that come out of the treasury can feel inconsequential, easily forgotten. this is not one of them. this is a big move by a new chancellor and a new prime minister with not long to prove that it can work.

chris mason, bbc news, at westminster. let�*s speak to our political correspondent, damian grammaticas. they have hit the ground running but some are not sure whether this will deliver fruit. some are not sure whether this will deliver fruit-— deliver fruit. this is the big gamble. — deliver fruit. this is the big gamble, disquiet, - deliver fruit. this is the big gamble, disquiet, you - deliver fruit. this is the big l gamble, disquiet, you heard deliver fruit. this is the big - gamble, disquiet, you heard from deliver fruit. this is the big _ gamble, disquiet, you heard from the opposition, and a bit of unease on the conservatives side amongst some mps, uneasy that the numbers, the working out, figures behind this, have not been produced because the government has not produced an 0br analysis, so how this will impact government finances is a concern for some on the conservatives side. so there are issues but the real big issueis there are issues but the real big issue is the one that the chancellor saysis issue is the one that the chancellor says is his aim to improve growth, a leap in the uk�*s growth rate, that

is what he is aiming for and that is what the end result will be of these tax cuts, will he achieve that? that is the real question. they did not say when that might be achieved or even how much, although the target is to increase growth, it is about 2% at the moment, to increase it to 2.5%, although we don�*t know when. politically, the difficulty there, the opposition attacking this, saying the focus is on tax cuts that benefit the richest, labour saying this is on an outdated ideology, if we simply reward those who are wealthy, the whole of society will benefit, they are replacing levelling up with trickle down. that is the issue, so will the government be able to sell this politically? unease about that on their own site, and will they be able to deliver the growth that delivers the benefits that it says it should be coming down the line?—

down the line? what is the relationship _ down the line? what is the relationship now _ down the line? what is the relationship now between l down the line? what is the - relationship now between what the government is doing to try to expand growth and what the bank of england is doing which is to bring down inflation, so on the one hand interest rates are going up and the bank of england has indicated will continue to do so to curb inflation, but the government is pumping this money into the economy because it wants growth? the money into the economy because it wants growth?— money into the economy because it wants growth? the bank of england, the government _ wants growth? the bank of england, the government was _ wants growth? the bank of england, the government was asked _ wants growth? the bank of england, the government was asked about - wants growth? the bank of england, | the government was asked about this today, and about the fact that interest rates are going up and the pound, the value of the pound against the dollar has been dropping. the answer to that was, well, we don�*t comment on that, the bank of england is independent and continues to carry out its mandate, but there is a definite tension that has been pointed out, whether these measures, this was talked about in the leadership campaign, when rishi

sunak, he said these measures would be inflationary in themselves, but the government says by bringing in measures to tackle the energy crisis, and to bring down energy bills, those will bring down inflation in the short term. they will help in that respect. the problem will be that the tension between those things will be ongoing. the opposition used this as a point of criticism, saying that at the minute the only things which are going up is inflation, interest rates and bankers bonuses. the government says, it is creating the conditions by simplifying the tax system and trying to stimulate investment, it is creating the conditions for future growth that will benefit everybody.— conditions for future growth that will benefit everybody. thanks for “oininr us.

will benefit everybody. thanks for joining us. inflation _ will benefit everybody. thanks for joining us. inflation is— will benefit everybody. thanks for joining us. inflation is at - will benefit everybody. thanks for joining us. inflation is at 9.996, i will benefit everybody. thanks for joining us. inflation is at 9.9%, a| joining us. inflation is at 9.9%, a 40 joining us. inflation is at 9.9%, a a0 year high, leaving many households facing hardship. since the government�*s announcement today, the pound has fallen sharply against the us dollar as investors digest the biggest tax cutting budget in 50 years. 0ur economics correspondent, andy verity, has this analysis. if the markets believed the biggest tax cuts in 50 years were going to boost economic growth, you might expect the pound to strengthen. but foreign currency markets gave it a decidedly grumpy response. the pound, already at its lowest since 1985, dropped 2% to $1.10, which will make it even more expensive for the government to subsidise wholesale energy priced in dollars or euros. if you think about why investors are taking that, well, they don�*t really believe in the fiscal position of the new government. they�*re worried that some of these tax cuts that have been announced aren�*t going to be fully funded. that will result in a large amount of debt at a time when the bank

of england is also going to be selling some of its holdings of uk government debt. here�*s why the city is worried. it�*s notjust the energy help for households at 31 billion or six months�* help for businesses costing 29 billion, the government has also cut taxes for the highest earners, corporations and individuals, costing 27 billion next year, rising to a5 billion three years from now. kwasi kwarteng�*s so—called mini budget has implemented maxi tax cuts, bigger than any other chancellor has done in decades. this was a huge event. it�*s called a mini budget, this is possibly one of the biggest i have seen in 30 years of looking at budgets, and it is certainly the biggest tax—cutting event since 1972, for exactly half a century, since we saw a chancellor stand up and announce quite such big tax cuts. the last time we saw tax cuts this big, there was another energy crisis and a conservative chancellor subsidising soaring energy prices and trying to go for growth.

but two years after anthony barber�*s 1972 budget, inflation got up to 2a%. today, investors sold uk government bonds, demanding a sharply higher interest rate to compensate for the risks of lending to a government that is financing huge tax cuts through borrowing. economists say it is likely to boost growth, but that might not last. we think this will boost output in the economy from something where it was hovering around zero over the next year or so to something like 2% over the next year or so. what it is doing is really bringing about an artificial boom in the economy. and the bank of england is going to respond to that with higher interest rates, because it is boosting the economy over and above its capacity to supply those goods and services. so in effect it�*s a problem, not an answer that we have had today from the budget. with the government doing its utmost to heat up the economy, the bank of england has to do even more to cool it down and keep inflation under control. interest rates are now expected in the city to rise by next august to 5.5%,

more than twice their current level. andy verity, bbc news. let�*s speak to our economics correspondent andy verity. do you think this will work? it is totally out _ do you think this will work? it is totally out of — do you think this will work? it is totally out of touch _ do you think this will work? it 3 totally out of touch with ordinary people and businesses. there are millions of struggling families out there facing soaring bills for energy and food and mortgages, and this is not a plan to help them. the conservatives are prioritising banks and bankers, and the oil and gas companies and their profits, boro ties in the 1% richest. —— prioritising. we need an economic plan to help everybody and this is not it. , ., ., ., ., not it. there is a huge amount of exnenditure _ not it. there is a huge amount of expenditure going _ not it. there is a huge amount of expenditure going to _ not it. there is a huge amount of expenditure going to help - not it. there is a huge amount ofj expenditure going to help people with their energy bills, to freeze the energy cap. i with their energy bills, to freeze the energy can-— with their energy bills, to freeze the energy cap. i wish they were freezin: the energy cap. i wish they were freezing it- _ the energy cap. i wish they were freezing it. we _ the energy cap. i wish they were freezing it. we called _ the energy cap. i wish they were freezing it. we called for - the energy cap. i wish they were freezing it. we called for energy| freezing it. we called for energy bills to be frozen but the bills will actually go up by £500, i wish the government was more honest... you want them to spend more on that? yes, and to pay for it within the

few with a windfall tax on the oil and gas companies. —— and to pay for it with a windfall tax was up we could do that and then give people more help responsibly but the fact the government will not do that gives gully doesn�*t give people the help they need. the gives gully doesn't give people the help they need-— gives gully doesn't give people the help they need. the government is sendin: help they need. the government is spending around _ help they need. the government is spending around £150 _ help they need. the government is spending around £150 billion - help they need. the government is spending around £150 billion for. help they need. the government is | spending around £150 billion for the i think a windfall tax could raise around 20, 30 i think a windfall tax could raise around 20,30 billion i think a windfall tax could raise around 20, 30 billion over i think a windfall tax could raise around 20,30 billion over a i think a windfall tax could raise around 20, 30 billion over a period of time. but then there is a huge gap and you say you want more to be done on energy bills so you are talking about in the same position as the government? irate talking about in the same position as the government?— talking about in the same position as the government? we would borrow far less. as the government? we would borrow far less- we — as the government? we would borrow far less. we would _ as the government? we would borrow far less. we would not _ as the government? we would borrow far less. we would not be _ as the government? we would borrow far less. we would not be cutting - far less. we would not be cutting the corporation tax which will cost them tens of billions of pounds over this period. so they are doing irresponsible tax cuts for large companies, much of which is going to the banks, they are refusing to do a windfall tax on the oiling gas companies and as a result they are borrowing recklessly —— the oil and

gas companies. this will put pressure on mortgages and people will end up paying more on their mortgages as a result of the conservatives budget today. what conservatives budget today. what about growing _ conservatives budget today. what about growing the _ conservatives budget today. what about growing the economy so that the pie will be larger as they would say, and there will be more money for public services, you do that by supporting business? that is what is being done with corporation tax. the liberal being done with corporation tax. tue: liberal democrats being done with corporation tax. tte: liberal democrats have being done with corporation tax. t'te: liberal democrats have a being done with corporation tax. tte: liberal democrats have a growth plan and we want the economy to grow so it can find the public services but this is not the growth plan, this is hardly a plan at all.— this is not the growth plan, this is hardly a plan at all. what would be an effective _ hardly a plan at all. what would be an effective plan? _ hardly a plan at all. what would be an effective plan? we _ hardly a plan at all. what would be an effective plan? we need - hardly a plan at all. what would be an effective plan? we need to - hardly a plan at all. what would be an effective plan? we need to do l an effective plan? we need to do with the high _ an effective plan? we need to do with the high energy _ an effective plan? we need to do with the high energy prices - an effective plan? we need to do with the high energy prices facedj an effective plan? we need to do i with the high energy prices faced by businesses, in the long term, small businesses, in the long term, small businesses, manufacturers, to make them more competitive, and we also need to help businesses far more. we have called for business rates to be abolished and reformed but the government refused to do that. thea;r

government refused to do that. they are doinu government refused to do that. they are doing the — government refused to do that. they are doing the investment zones which will see business rates going in those areas?— will see business rates going in those areas? ., , ., , ., those areas? that will help a small amount of businesses _ those areas? that will help a small amount of businesses but - those areas? that will help a small amount of businesses but we - those areas? that will help a small amount of businesses but we need | those areas? that will help a small. amount of businesses but we need to help every business in the country. there are people struggling in a high streets across the country and the govan have got no answer. you are talking — the govan have got no answer. you are talking about tax cuts and large levels of support so in the end is on the net result the same which is there is no money to pay for that and we end up in a position which is where the government is with the huge borrowing to try to get through this particular moment? trio. huge borrowing to try to get through this particular moment?— huge borrowing to try to get through this particular moment? no, they are cuttin: this particular moment? no, they are cutting taxes — this particular moment? no, they are cutting taxes like _ this particular moment? no, they are cutting taxes like corporation - this particular moment? no, they are cutting taxes like corporation tax, - cutting taxes like corporation tax, giving lots of money to the banks, they are refusing to raise taxes which will be fair, windfall tax on the and gas companies. the question on cutting taxes is which you should cut and we do believe in tax cut but the right ones that are fair that

will promote growth. let me give you an example, this government is cutting income tax for the 1% richest but they are increasing income tax will be less well off, how are they doing that? this year they are freezing income tax allowances, the point at which you start paying income tax, so the means of low—paid people... thea;r start paying income tax, so the means of low-paid people... they are cuttin: means of low-paid people. .. they are cuttin: 1- means of low-paid people... they are cutting in on — means of low-paid people... they are cutting in on the _ means of low-paid people. .. they are cutting 1p on the basic— means of low-paid people... they are cutting 1p on the basic rate. _ means of low-paid people... they are cutting 1p on the basic rate. but - cutting 1p on the basic rate. but the freezing _ cutting 1p on the basic rate. pm the freezing of the income tax allowance will increase the income tax built more than the percentage point that will help lower paid people so if you are on a middle income, say £25,000 per year, your income, say £25,000 per year, your income tax bill next year will increase by over £100, but if you are a millionaire, your income tax bill will be cut by £a0,000, so tell me what is fair about that? if we were helping the millions of people who are earning modest amounts of income, and helping them with tax cuts, that would boost growth because they spend it in the shops and in the economy. by giving tax

cuts to the rafters, they will save it or spend it abroad and that won�*t help the economy —— tax cuts to the richest. they are not giving help to the millions of ordinary people. aha, the millions of ordinary people. a final thought, you think this is the wrong policy and that they will be a lot of debt and that the money is being spent on the wrong things? where does that leave the economy if it all goes wrong? tt where does that leave the economy if it all goes wrong?— it all goes wrong? it leads to a hi . her it all goes wrong? it leads to a higher mortgage _ it all goes wrong? it leads to a higher mortgage rates - it all goes wrong? it leads to a higher mortgage rates for - it all goes wrong? it leads to a i higher mortgage rates for people and it leads to businesses failing and we have seen in the market today, the international investors, having a vote of no confidence in the government, this government is out of touch with the british public and indeed with international investors which is bad for the economy. ed davey, thanks forjoining us. we can now go to andy verity. the government is adamant that this is

the right policy for growth, what is the right policy for growth, what is the reaction? th the right policy for growth, what is the reaction?— the right policy for growth, what is the reaction? in the city of london, ou would the reaction? in the city of london, you would exoect — the reaction? in the city of london, you would expect when _ the reaction? in the city of london, you would expect when you - the reaction? in the city of london, you would expect when you have i the reaction? in the city of london, | you would expect when you have the biggest tax cuts for the city two great this which normally goes down well —— to greet this in a way which normally goes down well, tax cuts, but we have not seen that sort of reaction in the city and we have seen the opposite. we have seen a meltdown down there especially on the bond markets, so the bond markets is where the government borrows money and it does so by issuing a note which it you saying, i ou £1000 and issuing a note which it you saying, iou £1000 and i will pay you back in five years and in the meantime i will pay you a certain rate of interest. those bonds become more risky if the market perceives that they are less likely than they were last week to get their money back and that is what the market is saying today. it says we want a higher rate of interest to compensate us for the fact that we no longer think it is quite as safe as we did last week to lend money to

the uk government, and we have seen a big mark—up in the interest rates in the yield investors expect, the interest rates they expect in order to lend money to the government, and a record jump for the five year bonds. you haven�*t seen a mark—up in the interest rates which they expect the interest rates which they expect the bank of england to raise, as well —— you have also seen. they think they will raise the interest rates to 5.5% by next august in order to cool down an economy that the government is doing its best to heat up. the government is doing its best to heat u -. . ~ the government is doing its best to heat u. ., ,, i. the government is doing its best to heat u. ., ~' ,, �* , our business correspondent marc ashdown is in bolton for us. we have seen the growth of food hubs in the past few years, food banks, but this kind of organisation is becoming more prevalent, it is not a food bank, it is like a shop, and food bank, it is like a shop, and food here is a lot cheaper than it would be in a supermarket and for

about £a you get £25 worth of household items, and you need to be a member to use this, you get more access to services. we can speak to the manager, louise. what helped you give people? you get yourfood and the manager, louise. what helped you give people? you get your food and a for pound shop and we have other extras _ for pound shop and we have other extras at — for pound shop and we have other extras at discount prices. —— you -et extras at discount prices. —— you get your— extras at discount prices. —— you get your food at a £4 shop. alongside the food that you get, we want to— alongside the food that you get, we want to provide a lot of wraparound support _ want to provide a lot of wraparound support so — want to provide a lot of wraparound support so whether that is a course that helps — support so whether that is a course that helps people with money management, life skills, learning how to— management, life skills, learning how to thrive on a low income, we have _ how to thrive on a low income, we have got— how to thrive on a low income, we have got mums and toddlers, and luncheons, — have got mums and toddlers, and luncheons, all sorts of things to help— luncheons, all sorts of things to help build — luncheons, all sorts of things to help build communities. mental well—being, so it really is about the whole — well—being, so it really is about the whole support, in partnership with the _ the whole support, in partnership with the church. the the whole support, in partnership with the church.— the whole support, in partnership with the church. ., _ , with the church. the government says the want with the church. the government says they want to — with the church. the government says they want to help _ with the church. the government says they want to help everyone, - with the church. the government says they want to help everyone, how i with the church. the government says they want to help everyone, how do i they want to help everyone, how do you think this will have gone down? i don�*t think it will affect the

i don't think it will affect the people — i don't think it will affect the people that come here because most people _ people that come here because most people are _ people that come here because most people are either unemployed or we have a _ people are either unemployed or we have a lot _ people are either unemployed or we have a lot of members who are working — have a lot of members who are working really hard we have teaching assistants, _ working really hard we have teaching assistants, nhs workers, people who are self—employed, but they are still not — are self—employed, but they are still not managing to be able to feed their families and they are on a low— feed their families and they are on a low income and so the announcements today won't especially affect them. ., ~', ., announcements today won't especially affect them. ., ., ., , affect them. thanks for “oining us. alison affect them. thanks for “oining us. him here — affect them. thanks for “oining us. alison here is i affect them. thanks for “oining us. alison here is a i affect them. thanks for “oining us. alison here is a carer. i affect them. thanks forjoining us. alison here is a carer. what i affect them. thanks forjoining us. alison here is a carer. what is i affect them. thanks forjoining us. | alison here is a carer. what is your situation? i saw you doing your calculations with your phone. t situation? i saw you doing your calculations with your phone. i have done my calculation _ calculations with your phone. i have done my calculation is _ calculations with your phone. i have done my calculation is and - calculations with your phone. i have done my calculation is and i - calculations with your phone. i have done my calculation is and i think i l done my calculation is and i think i will gain— done my calculation is and i think i will gain by— done my calculation is and i think i will gain by about £10 65 from the cuts to— will gain by about £10 65 from the cuts to national insurance but when i cuts to national insurance but when i lose _ cuts to national insurance but when i lose a _ cuts to national insurance but when i lose a hit— cuts to national insurance but when i lose a bit the following month i will he _ i lose a bit the following month i will be down to £5 on that because what is _ will be down to £5 on that because what is taken of me in personal credit— what is taken of me in personal credit so— what is taken of me in personal credit so i— what is taken of me in personal credit so i will gain by about £5 per month— credit so i will gain by about £5 per month in my pocket which with a disabled _ per month in my pocket which with a disabled child to look after and other— disabled child to look after and other children, that won't go very far, other children, that won't go very far. to _ other children, that won't go very far. to he — other children, that won't go very

far, to be honest. i do work to support— far, to be honest. i do work to support other carers, as well, and it is an _ support other carers, as well, and it is an issue — support other carers, as well, and it is an issue many are facing. unfortunate i can work part—time and i unfortunate i can work part—time and i still— unfortunate i can work part—time and i still feel_ unfortunate i can work part—time and istill feel i_ unfortunate i can work part—time and i still feel i have a rate fixed income _ i still feel i have a rate fixed income because i have it goes in one pocket— income because i have it goes in one pocket and _ income because i have it goes in one pocket and goes out the other pocket but at _ pocket and goes out the other pocket but at least i can work —— i'm unfortunate _ but at least i can work —— i'm unfortunate i can work part—time. today's— unfortunate i can work part—time. today's announcement makes no difference — today's announcement makes no difference to me at all, unfortunately.- difference to me at all, unfortunately. difference to me at all, unfortunatel. �*, ., , ., ., ., unfortunately. there's a shortage of carers, as unfortunately. there's a shortage of carers. as well. _ unfortunately. there's a shortage of carers, as well, and _ unfortunately. there's a shortage of carers, as well, and the _ carers, as well, and the announcement about universal credit, that will help?— that will help? hopefully, but who knows? we _ that will help? hopefully, but who knows? we are _ that will help? hopefully, but who knows? we are working _ that will help? hopefully, but who knows? we are working with i that will help? hopefully, but who l knows? we are working with family carers _ knows? we are working with family carers who — knows? we are working with family carers who rely on being supported in some _ carers who rely on being supported in some instances by paid carers coming — in some instances by paid carers coming in — in some instances by paid carers coming in and there is a massive shortage — coming in and there is a massive shortage of— coming in and there is a massive shortage of paid carers coming in because — shortage of paid carers coming in because respite is not available and they don't— because respite is not available and they don't get breaks from what they are doing _ they don't get breaks from what they are doing. it will be a big problem with mental health, so it is a bit doom _ with mental health, so it is a bit doom and — with mental health, so it is a bit doom and gloom for the caring populating at the moment ——

population. populating at the moment -- population-— populating at the moment -- --oulation. ., , , . population. what about this service, a big support _ population. what about this service, a big support to _ population. what about this service, a big support to the _ population. what about this service, a big support to the community? i population. what about this service, i a big support to the community? yes, it reall is, a big support to the community? yes, it really is. and _ a big support to the community? yes, it really is, and having _ a big support to the community? yes, it really is, and having been here today, _ it really is, and having been here today, i'm — it really is, and having been here today, i'm going tojoin myself because — today, i'm going tojoin myself because there are lots of people on little incomes and it is getting harder— little incomes and it is getting harder to _ little incomes and it is getting harder to make ends meet. thanks for “oininr us. harder to make ends meet. thanks for joining us- we — harder to make ends meet. thanks for joining us. we have _ harder to make ends meet. thanks for joining us. we have also _ harder to make ends meet. thanks for joining us. we have also been - joining us. we have also been talking to local businesses and they were hoping for a bit of movement on business rates and that sort of thing, nothing for pensioners, around here, they are confused that there is nothing for them. people will go through this and work out what it means for them and it will have a pretty big impact of course. i�*m joined now by the deputy leader of the green party — zac polanski. we were talking about the green levy because that was not mentioned. it was trailed that the levy on energy bills that is about 8% of the energy bills that is about 8% of the energy bills was scrapped but they did not mention it. , , ., , , mention it. this is a missed opportunity _ mention it. this is a missed opportunity because - mention it. this is a missed opportunity because we i mention it. this is a missed i opportunity because we know a solution to the cost of living crisis is the same solution to the

climate crisis so when you are doing a mini budget this is where you need to protect the most vulnerable but we got a mini budget for the super—rich. they are drinking champagne at the top but the rest of us are left with sewage. we need to instigate every single home and make sure we are investing in renewables and this was missing from the mini budget —— we need to insulate. the cheapest bill is the one that people don�*t have to pay so by reducing bills is how you are helping people put up but the government and the opposition are missing every step of the way. the opposition are missing every step of the wa . ., , , , ., the way. the money is being targeted at the energy — the way. the money is being targeted at the energy bills, _ the way. the money is being targeted at the energy bills, tens _ the way. the money is being targeted at the energy bills, tens of— at the energy bills, tens of billions. . �* , . at the energy bills, tens of billions. ., �* , ., ., at the energy bills, tens of billions. ., �*, ., ., , ., . billions. that's a fair question. we need to take _ billions. that's a fair question. we need to take a _ billions. that's a fair question. we need to take a step _ billions. that's a fair question. we need to take a step back, - billions. that's a fair question. we need to take a step back, and i billions. that's a fair question. we | need to take a step back, and have more visionary leadership. we need to say, the energy crisis is not going away so i�*ll be going to repeat this every single year while the oil and gas companies make more money? —— are we going. the windfall

tax actually subsidise the oil and gas companies but we need to keep fossil fuels gas companies but we need to keep fossilfuels in gas companies but we need to keep fossil fuels in the ground, that is vital. we would say, why not have a windfall tax of something like 95%, so you are taking away so much of the profits of the big companies while still allowing them to have something and even that i would argue against but doing something like that would mean you could get something like £a5 billion per year every year for something like £a5 billion per year every yearfor about two something like £a5 billion per year every year for about two years and then put that money into green infrastructure and jobs and have a green new deal rather than trying the firefighting which is taking us nowhere. the the firefighting which is taking us nowhere. ., ., ., . nowhere. the government announced chan . es to nowhere. the government announced changes to planning _ nowhere. the government announced changes to planning for _ nowhere. the government announced changes to planning for onshore i nowhere. the government announced changes to planning for onshore wind | changes to planning for onshore wind farms, is that going to make a difference?— farms, is that going to make a difference? ., , ., , , difference? that is a step in the riaht difference? that is a step in the right direction _ difference? that is a step in the right direction and _ difference? that is a step in the right direction and i _ difference? that is a step in the right direction and i will- difference? that is a step in the right direction and i will not i difference? that is a step in the l right direction and i will not slate everything they have said, so i�*m going to applaud that. but that is at the same time as investing in fracking and they are talking about you fracking for oil and gas and thatis you fracking for oil and gas and that is taking a small step forward with onshore wind but taking giant leaps back. we need to get too net zero much quicker than the government are planning to do and we

need to start taking it seriously and when people are suffering and suffering to even get food on the table now is the time to be investing in these green initiatives. i�*m proud of the green party but social justice initiatives. i�*m proud of the green party but socialjustice and environmentaljustice in the same breath, these solutions are the same solutions essentially.— solutions essentially. where the government _ solutions essentially. where the government is — solutions essentially. where the government is dealing _ solutions essentially. where the government is dealing with i solutions essentially. where the government is dealing with the l government is dealing with the immediate crisis, the cost of living crisis, the energy bills, and also wanting to grow the economy, in order that there is money for the investment that you are talking about, but any investment in social infrastructure, and public spending, does it not have to be front—loaded in that way in order to make the kind of money available for the project you are talking about? we would project you are talking about? - would bring back the universal credit uplift of £20 because people need immediate change but we need also to look at how we live as a

society, so looking at things like universal basic income, and a four—day working week, but to get this money we could look at things like corporation tax, and at the moment it is up 19% and in 2007 it was at 30%, so it has been much higher before, they brought it down because they said that would push investment and now they are saying growth at all cost but we have seen this doesn�*t work. all costs means water that people can�*t ring and air people can�*t prove that we need to make sure we are protecting the planet because we need to protect these boundaries while also protecting the most vulnerable people in society. you protecting the most vulnerable people in society.— protecting the most vulnerable people in society. you are making a oint people in society. you are making a point about — people in society. you are making a point about economic _ people in society. you are making a point about economic growth i people in society. you are making a point about economic growth in i people in society. you are making a| point about economic growth in what has and hasn�*t worked in the past and it is clear that what has been done has not been working because there hasn�*t been the levels of economic growth so the money is not there, hence we see the borrowing today? there, hence we see the borrowing toda ? ., ., �* , there, hence we see the borrowing toda ? ., ., �*, . today? david cameron, let's cut the ureen. .. today? david cameron, let's cut the ureen... i today? david cameron, let's cut the green--- iwon't_ today? david cameron, let's cut the green... i won't say _ today? david cameron, let's cut the green... i won't say the _ today? david cameron, let's cut the green... i won't say the swearwordl green... i won�*t say the swearword on tv, but we need to make the investment, and we know the investment, and we know the investment comes back and we�*ll feel that further so there is a big opportunity for green jobs. we

should be training people up to insulate every home in britain, that is a huge opportunity. liz insulate every home in britain, that is a huge opportunity.— is a huge opportunity. liz truss sa s she is a huge opportunity. liz truss says she wants _ is a huge opportunity. liz truss says she wants to _ is a huge opportunity. liz truss says she wants to do _ is a huge opportunity. liz truss says she wants to do that, i is a huge opportunity. liz truss says she wants to do that, she | is a huge opportunity. liz truss i says she wants to do that, she wants to look at making homes more energy efficient going forward? we have not got that now? shill efficient going forward? we have not got that now?— got that now? all through the leadership — got that now? all through the leadership plan _ got that now? all through the leadership plan she _ got that now? all through the leadership plan she -- - got that now? all through the l leadership plan she -- election got that now? all through the i leadership plan she -- election she leadership plan she —— election she did not say she would keep the plan go so we need to protect the most vulnerable people in society and ended a fail scorecard. vulnerable people in society and ended a fail scorecard. the vulnerable people in society and ended a fail scorecard. the good vulnerable people in society and ended a fail scorecard. the good of the country we hope she gets better but the green party will be pushing her to do that and we will demonstrate that in local countries around the country, so like brighton teaming up with lewis to make sure they are insulating homes, so there are clever ways to do this but we need government intervention and that�*s why we need them to take it seriously. do stay with us on bbc news. we�*ll have reaction from westminster

throughout the day. and later at half past three — we�*ll be putting some of your questions to experts on what the mini—budget means for you. send them in using the hashtag #bbcyourquestions or email yourquestions@bbc.co.uk. time for a sports round—up. we will start with tennis and emma raducanu is through to the semifinals of the career open after winning three matches a rate of the first time since last year�*s run to the us open in the 19 be the third seed in straight sets, six i 6—2. raducanu yet to drop a set at the tournament and will face the former french open champion 0stapenko in the semifinals. it is the day that tennis fans never wanted to come, the end of an era and roger federer is retiring at the age of a1 and playing in the doubles in london as

part of a european team that also includes fellow multiple grand slam champions, novak djokovic, andy murray and his friend and greatest rivals, rafael nadal. he will play alongside him against the team world team and roger federer says he�*s super excited to —— rafa nadal says he�*s super excited to play with federer for a he�*s super excited to play with federerfor a last he�*s super excited to play with federer for a last time. he�*s super excited to play with federerfor a last time. tithe he's super excited to play with federer for a last time. one of the most important — federer for a last time. one of the most important players, _ federer for a last time. one of the most important players, one i federer for a last time. one of the most important players, one of. federer for a last time. one of the | most important players, one of the most important players, one of the most important players in my tennis career is leaving, and, at the end, live this moment will be difficult, and of course i am super excited and grateful to play with him. tart, gratefulto play with him. nxt, gareth southgate _ gratefulto play with him. nxt, gareth southgate is _ gratefulto play with him. nxt, gareth southgate is hoping i grateful to play with him. nxt, gareth southgate is hoping england can rediscover their form as they look to avoid relegation from the nation�*s league. they are without a victory in the group and they play italy in milan tonight before

germany come to when we on monday in the final two matches before the world cup in decatur where the football association says that the players will wear a one love armband to highlight human rights issues. the fa has backed calls for compensation to be awarded for any injury or death related to world cup construction projects. the injury or death related to world cup construction projects.— construction pro'ects. the people i've construction pro'ects. the people we spoken — construction pro'ects. the people we spoken to — construction projects. the people i've spoken to have _ construction projects. the people i've spoken to have explained i construction projects. the people i've spoken to have explained to| construction projects. the people i i've spoken to have explained to me, i�*ve spoken to have explained to me, human rights lawyers in particular, that there�*s not a lot more that the players in particular can do than talk about those issues and put them on the table because in the end we are asking for change in a country that we are respectful of, that has made a lot of progress but also we don�*t have any control over. kilmarnock striker kyle lafferty has been withdrawn from the northern ireland nation�*s league squad amid

an investigation by the scottish club into a sectarian remark he is alleged to have made. kilmarnock said yesterday they were aware of video footage that appeared to show a member of the playing staff using language of a sectarian nature. the irish football association has confirmed kyle lafferty has been withdrawn for the upcoming games against kosovo and greece and is aware of the video that has been widely circulated. 15 players have resigned from spain�*s national women�*s team after their demand for the coach to be sacked and was rejected by the spanish federation. the unnamed players claim his tenure has affected their emotional state and health, but in a statement the country�*s football federation said it would not allow the players to question the continuity of a national coach and the coaching staff as those are not their responsibility and it would not admit any pressure from any player when it comes to sporting decisions and ended by saying that the players would only be called up again in future if they accept their mistake

and ask for forgiveness. the williams formula 1 team are looking for a new driverfor williams formula 1 team are looking for a new driver for next year after announcing that nicholas latif he will be leaving at the end of the season. he made his formula 1 debut with williams at the 2020 austrian grand prix and has taken part in 55 races and scored seven championship points. his best finish was seventh in the 2021 hungarian grand prix. that is all your support for now. more later. for now, back to the studio. the victims commissioner for england and wales has resigned a clue —— accusing the downgrading of victims and saying the criminal justice system is in chaos. let�*s talk more about this to our home affairs correspondent, june kelly. this has, something of a surprise and what is she saying? idem

this has, something of a surprise and what is she saying? vera baird is committed _ and what is she saying? vera baird is committed to _ and what is she saying? vera baird is committed to the _ and what is she saying? vera baird is committed to the job _ and what is she saying? vera baird is committed to the job and - and what is she saying? vera baird is committed to the job and had i and what is she saying? vera baird i is committed to the job and had been imposed since 2019i wanted to stay on but learned she had to reapply for thejob and thought on but learned she had to reapply for the job and thought he on but learned she had to reapply for thejob and thought he might on but learned she had to reapply for the job and thought he might get an automatic second term and was told had to reapply, and she did reapply is not appointed but told she was and appointed full candidate, so she said she was confused, and there is another application process but she has clearly decided she has had enough. she had the opportunity to stay in post until the end of the year but she is going, so her contract ends next week and she will be offered. t next week and she will be offered. i know there has been some criticism in her resignation of thejustice secretary. in terms of the relationship with the current justice secretary, how does that compare with dominic raab? brandon lewis, he's compare with dominic raab? brandon lewis. he's only _ compare with dominic raab? brandon lewis, he's only been _ compare with dominic raab? brandon lewis, he's only been in _ compare with dominic raab? brandon lewis, he's only been in post - compare with dominic raab? brandon lewis, he's only been in post a - compare with dominic raab? brandon lewis, he's only been in post a few i lewis, he�*s only been in post a few weeks, so that is a very new relationship. the formerjustice secretary, clearly she did not get on with him and he makes that plane

in the letter and she is very critical of him and says that he sent out mixed messages to her and said he was going to open the job for competition and was encouraging her to apply, so she didn�*t know where she stood and he said —— she said he only met a couple of times in the last time was in february and he was in post untiljust a few weeks ago, so she felt she did not have access to him and she felt he needed that access is a voice for victims. dominic raab he has given a statement that he is proud to have published the victims build that vera baird was involved in and see an ill increasing rate of convictions in the last two years and secured a quadrupling in funding for victims. and secured a quadrupling in funding forvictims. he and secured a quadrupling in funding for victims. he then goes on to say that the victim commissioner role is important and we reran the process because in all honesty, we wanted a stronger feel of comfort deducts and thatis stronger feel of comfort deducts and that is quite brutal in return. what

the question now is who is going to do thejob and the question now is who is going to do the job and the governmentjob advert said that the final interviews are set to be in december and there is no word on when one will be appointed. tt and there is no word on when one will be appointed.— and there is no word on when one will be appointed. if dominic rather sa s it is will be appointed. if dominic rather says it is an — will be appointed. if dominic rather says it is an important _ will be appointed. if dominic rather says it is an important role, - will be appointed. if dominic rather says it is an important role, why i says it is an important role, why does it matter?— says it is an important role, why does it matter? ~ ., , ., does it matter? what was she doing? this was brought _ does it matter? what was she doing? this was brought in _ does it matter? what was she doing? this was brought in as _ does it matter? what was she doing? this was brought in as a _ does it matter? what was she doing? this was brought in as a voice - does it matter? what was she doing? this was brought in as a voice for- this was brought in as a voice for victims and that is what vera baird wanted to be. it is a senior lawyer and basically, her role, she felt was to call the government to account in terms of things like the low conviction and prosecution rates for sexual assault and she said it had almost been decriminalised and that the victims bill in she feels the that will be important for victims, and with the criminal justice system being in such a difficult state and so many victims waiting for their cases to be heard, she felt sorry had to speak for them

and that is what the role should be and that is what the role should be and that is how she felt she conducted it, but the role is now empty and we don�*t know when her successor will be appointed. thank ou ve successor will be appointed. thank you very much- _ successor will be appointed. thank you very much- a _ successor will be appointed. thank you very much. a second _ successor will be appointed. thank you very much. a second teenager| successor will be appointed. thank you very much. a second teenager has been arrested in outside. he died in hospital after an attack near the entrance of north huddersfield trust school on wednesday afternoon. yesterday, west yorkshire police arrested a 16—year—old boy in huddersfield, on suspicion of murder. let�*s return to joanna let�*s return tojoanna gosling in westminster. we are still digesting the plan for economic growth that involves tax cuts to the tune of about £a5 billion and we already knew there

was a huge spending on support for energy bills, around £150 billion and it will mean debt of around £a20 billion. i�*m joined now by the head of public policy for the institute of economic affairs thinktank, matthew lesh. welcome. the figures are quite mind blowing on the scale of what has been announced went beyond and we knew a lot was coming and for instance grabbing the a5p tax rate and that was not trailed on a surprise, and the whole point of it is to drive economic growth, with 2.5% of the target at a time when the bank of england says we are in recession. do you think this is going to work?— recession. do you think this is going to work? this is a seismic chance going to work? this is a seismic change in _ going to work? this is a seismic change in policy _ going to work? this is a seismic change in policy making - going to work? this is a seismic change in policy making and i going to work? this is a seismic change in policy making and in i going to work? this is a seismic i change in policy making and in terms of reversing policies and they are

effectively throwing the kitchen sink at trying to make sure the economy grows and 0.3% was the statistic of the seco —— decade from the fiscal society which was the productivity growth over those period and those are numbers for a lot of people but in terms of what we see in quality of life, living standards, incomes, they have all been overshadowed by the fact we are not growing in the way we were in previous decade and have slow down for a long period of what the gunmen says they will do in terms of fixing up says they will do in terms of fixing up tax systems in terms of people working on fixing tax on corporations to get them investing as well as dealing with a whole bunch of regulatory issues that we saw today is very much going on the right direction in terms of encouraging economic growth. tt right direction in terms of encouraging economic growth. if this had been done _ encouraging economic growth. if this had been done at _ encouraging economic growth. if this had been done at a _ encouraging economic growth. if this had been done at a different - encouraging economic growth. if this had been done at a different time when inflation was not where it is, it would have been a different situation, because now what is happening is that debt has gone up and is going up hugely, to the tune of tens of billions and the cost of

servicing the debt is going to be much bigger. all of the money flowing into the economy risks stoking inflation. 9.9% currently with the bank of england tart with cutting it back to 2%, so interest rate rises are happening and will continue to happen. so, in terms of that i am at now, what does that mean for the viability of this? there�*s a good time to do radical change and people will always criticise and have issues with anything you try to do. what the covenant is doing is saying we are in this time and if we want to get out of it and boost the economy, we need to go for growth. it want to deal with inflation or regulations that are stopping businesses from being able to produce and if businesses can produce more, they can lower prices and that reduces inflation over time, so one strategy is the fantastic way to get out of inflation. where there are genuine concerns is in terms of the fiscal stimulus that comes out of this. and

thenit stimulus that comes out of this. and then it was be a bigger problem and it�*s ultimately problematic. inflation will be addressed by the supply of reform and address the monetary policy and as the bank of england does over the coming months and years. england does over the coming months and ears. , , and years. putting up interest rates, and years. putting up interest rates. does — and years. putting up interest rates, does that _ and years. putting up interest rates, does that not - and years. putting up interest rates, does that not negate . and years. putting up interest i rates, does that not negate the impact of what the government is trying to do, which is encourage investment and spending? hat investment and spending? not necessarily- — investment and spending? tint necessarily. putting up interest rates is designed to deal with the demand side of the economy and are spending too much, slowing down the movement of money through the economy and what the comet is focusing on is boosting the supply side and make sure the economy can produce more so you can have more money for the same amount chasing even more goods which means lower prices in terms of overall impact so on the demand side, the fiscal side, you are right, there is an inflationary risk that if you think about the general goal in terms of boosting economic growth, you can ultimately have low inflation, higher incomes and the money will go a lot further if we have that economic growth.— a lot further if we have that economic growth. thank you very

much. now we�*ll speak with david hannah, the group chairman of cornerstone tax. to talk specifically about stamp duty, a cut that affects england and northern ireland and wales and scotland have a different system. welcome. what impact do you think the cut in stamp duty will have? thank you, joanna. i think this will have a positive impact, particularly on the lower end of the market which is where the cuts have the biggest impact. nearly everybody buying property in the uk had a two and a half thousand pound cut in stamp duty bills this morning but particularly first time buyers got a significant relief from the first time buyers relief and it should act assist the cell to properties for new first—time buyers and to owner occupiers. itrai’iiiii

new first-time buyers and to owner occuiers. ~ , ., , occupiers. will it be potentially ne . ated occupiers. will it be potentially negated by _ occupiers. will it be potentially negated by the _ occupiers. will it be potentially negated by the interest - occupiers. will it be potentially negated by the interest rates l occupiers. will it be potentially. negated by the interest rates for first—time buyers getting a mortgage? first-time buyers getting a mortgage?— first-time buyers getting a mortnae? ., ., , , mortgage? potentially there is the issue. first-time _ mortgage? potentially there is the issue. first-time buyers _ mortgage? potentially there is the issue. first-time buyers facing i issue. first—time buyers facing times of uncertainty will need to do what they need to do to make sure their budgets are right and to fix their budgets are right and to fix their mortgage payments in the short to medium term, if they can do so. in terms of the amount of properties and that filtering through to levels of rent, is it really going to have the desired effect? tithe of rent, is it really going to have the desired effect?— of rent, is it really going to have the desired effect? one can only ho e. we the desired effect? one can only hope- we know _ the desired effect? one can only hope. we know that _ the desired effect? one can only hope. we know that uk - the desired effect? one can only hope. we know that uk property market as they step chronic undersupply and the pandemic didn�*t help in slowing down building, but fundamentally we need more homes in this country and without that we cannot own property and we cannot supply the available rental demand

which has been growing, particularly in the cities of late, so to use inflationary terms, there is an undersupply rather than an over demand. but undersupply rather than an over demand. �* , , .,, , undersupply rather than an over demand. �* , , , demand. but presumably the stamp du will do demand. but presumably the stamp duty will do nothing _ demand. but presumably the stamp duty will do nothing to _ demand. but presumably the stamp duty will do nothing to tackle i demand. but presumably the stamp duty will do nothing to tackle that? l duty will do nothing to tackle that? i think that helps maintain stimulus in the market, we could commence building on projects that they might otherwise have delayed or deferred and a degree of stability, and the positivity is to get on with developing. positivity is to get on with developing-— positivity is to get on with developing. positivity is to get on with develo-ain. ., ., ., ~ positivity is to get on with develo-ain. ., ., ., ,, i. i�*m joined now by the principal policy manager for energy at debt charity citizens advice, abbyjitendra. what is your reaction to what you have heard today? we what is your reaction to what you have heard today?— what is your reaction to what you have heard today? we think this is a real missed — have heard today? we think this is a real missed opportunity _ have heard today? we think this is a real missed opportunity to _ have heard today? we think this is a real missed opportunity to give i have heard today? we think this is a | real missed opportunity to give some of the lowest income families in this country some reassurance, and the good news is that we got

confirmation that the energy price guarantee is not going to be paid through bills, which is good news, and we have some news on energy efficiency schemes being topped up a little bit but not quite what we need,it little bit but not quite what we need, it is actually the richest rather than the poorest others some people struggle more than most. the government says tax cuts will help everybody because they have cut, as you allude to, the top rate of income tax, the a5p in the pound but they also cut the bottom rate by a penny in the pound.— they also cut the bottom rate by a penny in the pound. what we saw in the cost of — penny in the pound. what we saw in the cost of living _ penny in the pound. what we saw in the cost of living crisis _ penny in the pound. what we saw in the cost of living crisis growing i the cost of living crisis growing month on month is targeted support for people on lowest incomes of the government has put support in place but if it�*s a particularly cold winter or we know people will struggle, and that�*s what�*s really missing in this package today. the

government strategy is to grow the economy. what is your view of that is an overall strategy? to have a situation where there is money in the economy to support the people who need support. de the economy to support the people who need support.— who need support. add citizens advice we _ who need support. add citizens advice we have _ who need support. add citizens advice we have seen _ who need support. add citizens advice we have seen month i who need support. add citizens advice we have seen month on | who need support. add citizens i advice we have seen month on month some of the unwelcome records being broken, more people needing our house with crisis support and more people topping up their prepayment metres because they can't afford it, so on the ground we need to see reassurance they can get through the winter. the energy support is a welcome respite, but for people at the lowest incomes, unfortunately they are looking at a challenging winter and energy bills twice what they were last winter it's always challenging in winter and given what we are going to see it's going to be even more challenging still. we want

to see more clarity on what support there will be for those on the lowest incomes on the government has the warm home discount which is an energy grant scheme at the very lowest incomes are lave also got the benefits system, we know that bills will be capped per unit price around £2500 but for many people that is actually not enough and we would have liked to have seen support for people at the bottom, the support is being targeted at the top of society. in being targeted at the top of socie . . , , ~ being targeted at the top of socie . ., , , . ., society. in the absence of the su ort society. in the absence of the support you _ society. in the absence of the support you are _ society. in the absence of the support you are talking - society. in the absence of the support you are talking about| society. in the absence of the - support you are talking about what are your thoughts on what lies ahead. ., . , are your thoughts on what lies ahead. ., ., , ., ., ., ~' ahead. unfortunately we are looking at a very challenging _ ahead. unfortunately we are looking at a very challenging winter, - ahead. unfortunately we are looking at a very challenging winter, with i at a very challenging winter, with lower energy bills would be between 3500 and £6,000 so it's better than that catastrophic fishes ——

catastrophic impact. they will fall into debt can be forcibly moved onto basically disconnection.— basically disconnection. thank you very much- _ basically disconnection. thank you very much. more _ basically disconnection. thank you very much. more coverage - basically disconnection. thank you very much. more coverage from i basically disconnection. thank you i very much. more coverage from here but for now i will hand you back to the studio. the multi award—winning novelist, dame hilary mantel, has died. she was 70. dame hilary won the booker prize twice — for �*wolf hall', based on the rise of the tudor politician, thomas cromwell, and its sequel, �*bring up the bodies'. her publisher, harper collins, said she had died "suddenly yet peacefully", surrounded by close family and friends. now we'll speak with bea carvalho, head of fiction are waterstones. thank you forjoining us. i think, first off, could you explain to us the appeal she had for her fans first off, could you explain to us the appeal she had for herfans in her works? the appeal she had for her fans in her works?— the appeal she had for her fans in her works? ., ,, ., , . her works? thank you, of course. we are 'ust her works? thank you, of course. we are just absolutely _

her works? thank you, of course. we are just absolutely devastated - her works? thank you, of course. we are just absolutely devastated at - are just absolutely devastated at this loss. she was such a wonderful writer and so beloved by so many readers across the uk and beyond. i think what really stands out in her trilogy, the will be thinking about today, that she leaves behind an enormous body of work which we still have to discover on what unites them all is this incredible capacity and she writes history so brilliantly, and not wearing her research heavily, it's totally natural and she focuses on bringing her characters to three—dimensional life, that's what people see in her, concentrating on serious and sad themes and she has this enormous warmth and compassion for her characters, so that shines through in that fiction. aha,

characters, so that shines through in that fiction.— in that fiction. a lot of the tributes — in that fiction. a lot of the tributes pointed _ in that fiction. a lot of the tributes pointed to - in that fiction. a lot of the tributes pointed to the - in that fiction. a lot of the | tributes pointed to the fact in that fiction. a lot of the - tributes pointed to the fact that throughout her work she had this unique insight and outlook on life and being able to make it accessible and being able to make it accessible and translating that for four people. wolf hall, it was huge, translated into 41 languages. it’s translated into 41 languages. it's enormous. _ translated into 41 languages. it�*s enormous, and the impact across fiction and across popular culture is pretty much unrivalled. it's been translated into dozens of language, theatre adaptations, tv adaptations but it's one of the most recognisable writers of fiction in the world and it's one of the finest works of fiction of our age or any age and people will enjoy it for many generations to come. h0??? age and people will enjoy it for many generations to come. how did she work with _ many generations to come. how did she work with and _ many generations to come. how did she work with and encourage - many generations to come. how did she work with and encourage otherl she work with and encourage other authors? how did they regard her? she's been hugely influential across

the industry and you see the influence in modern fiction and the rise of historical fiction in recent years and people have a contemporary take on the genre but i think influence on readers and the way that her releases were bigger than book releases than they used to be, there was a huge and you're stuck —— a new story in itself which happens rarely in publishing and i think that appeal to the kind of readers who read one book a year, one book every few years and that might be something like wolf hall by her, so she's had a huge impact on the reading habits of the nation, which is very rare and notjust her influence on her writing that on the design. you look at those really iconic book covers for the wolf hall trilogy that have been emulated so much, so her impact on book shops

and book—selling has been enormous across every respect. yes. and book-selling has been enormous across every respect.— across every respect. yes, they've 'ust across every respect. yes, they've just released — across every respect. yes, they've just released the _ across every respect. yes, they've just released the picture _ across every respect. yes, they've just released the picture book- just released the picture book earlier this month, the wolf hall picture book. the wolf hall trilogy was adapted by the royal shakespeare company and also went to the big screen. very quickly, do you think it worked and were you aware if she was happy with it?— was happy with it? from my persoeetive. _ was happy with it? from my perspective, they _ was happy with it? from my perspective, they are - was happy with it? from my. perspective, they are brilliant adaptations and anything that can get more people interested in that body of work are more people reading them is a positive thing. i can't speak to whether she was pleased, but i'm sure she was pleased to have more people discover her world and the world of wolf hall as a whole because it had an impact on the readership for those levels and that's always a great thing when more people discover reading. thank ou so more people discover reading. thank

you so much — more people discover reading. thank you so much for— more people discover reading. thank you so much for your _ more people discover reading. thank you so much for your time. _ more people discover reading. thank you so much for your time. there's l you so much for your time. there's tuite a you so much for your time. there's quite a lot — you so much for your time. there's quite a lot of— you so much for your time. there's quite a lot of sunshine _ you so much for your time. there's quite a lot of sunshine across - you so much for your time. there's| quite a lot of sunshine across many parts of the uk at the moment. brighter coolerr developing in many parts with the early satellite image, but a band of cloud dragging its heels in the south—east corner with a slow—moving weather front providing outbreaks of heavy and quite persistent rain across the south—east corner up into essex and suffolk as we go through the afternoon, but elsewhere, sunny spells, scattered showers and temperatures between 15 and 20 degrees in most places. through the evening and overnight the rain will continue to fall across the south—east and further north and west, clear spells and scattered showers for irish sea coast and showers pushing across eastern scotland into north—east england and quite a cold night in parts of scotland with temperatures for some close to freezing, but milder in the south—east because here into tomorrow morning we will still have a lot of cloud

and still have outbreaks of rain. perhaps enough rain in a few places to give some localised travel disruption and may be localised flooding and that rain could linger for quite a good part of the day. but elsewhere we will see sunny spells, scattered showers, especially for england and wales, not as many for northern ireland or scotland but quite a keen northerly breeze making it feel rather cool out there. 14 to 18 degrees as the top temperatures. as we look to sunday, the rain should clear in the south—east corner with some residual showers but the best of the sunshine will be in the south. more cloud further north and outbreaks of rain, heavy rain at that into the north—west of scotland and temperatures again between 14 and 18 degrees. let me take you to the other side of the atlantic, because this is a major hurricane, hurricane fiona which has been tracking northwards and is now moving towards the eastern side of canada where it could still bring hurricane force winds, may be the strongest storm that canada has seen for many a decade.

this storm is not heading directly in our direction but it could have an indirect influence on the weather because as it shifts northwards it will help build this area of high pressure and this, as we head into next week, will give us a strong northerly winds and that will make it feel quite a lot colder.

hello, i'm joanna gosling. live in westminster — where the chancellor kwasi kwarteng has announced what's been described as the biggest tax cutting budget in half a century. there will be changes to income tax and stamp duty — and the chancellor has lifted the cap on bankers' bonuses. we promised to prioritise growth, mr speaker. we promised a new approach for a new era and promised to release the enormous potential of this country. 0ur growth plan has delivered all of those promises, and more. labour said the changes are a "comprehensive demolition" of the government's last 12 years in power. the oil and gas producers will be toasting the chancellor in the boardrooms as we speak while working people are left to pick up the bill.

we'll bring you analysis throughout the day on bbc news — and if you want to send in your questions or thoughts on the mini—budget — get in touch — i'm @bbcjoannag on twitter — or use the hashtag — bbc your questions. and i'm lukwesa burak — the other stories on bbc news. the victims' commissioner for england and wales dame vera baird resigns, describing the criminaljustice system as being in chaos. a 15—year—old boy has become the second person to be arrested in connection with the murder of a 15—year—old boy who was stabbed outside his school in huddersfield. and author dame hilary mantel, best known for her wolf hall trilogy, has died aged 70. it was the holy grail of being, that we all aspire to, she was thejk rowling of historical fiction.

in a massive shake—up of the uk's finances, the chancellor kwasi kwarteng has outlined a series of tax cuts and spending commitments that will cost £45 billion by 2027. the government says its policies will help boost economic growth, but critics say funding the tax cuts will lead to unsustainable borrowing. the government had already confirmed the national insurance rise would be reversed from november. this is one of a number of measures, some of which we did not know were coming. the basic rate of income tax will be cut by 1p to 19p and the 45% tax rate for top earners over £150,000 will be also abolished

from april next year. a planned rise in corporation tax from 19% to 25% has been cancelled — that's the tax businesses pay on their profits. there will be a cut to stamp duty in england and northern ireland — that's the tax you pay when buying a property. the threshold will be raised to £425,000 for first time buyers and £250,000 for everyone else. the rules which cap bankers' bonuses to twice their annual salary have been scrapped. more than 40 new 'investment zones' will be set up in england — these zones will be allowed to relax planning rules and reduce business taxes to encourage investment. and planned increases in the duty rates for beer, for cider, for wine, and spirits will all be cancelled. and as we've been saying — the government described today's announcement as a mini—budget — but this chart from the institute for fiscal studies shows todays statement represents the biggest tax cut of any budget since 1972. here's our political editor, chris mason.

can you afford these i tax cuts, chancellor? technically, this wasn't even a budget. in reality, inside that blue booklet were the biggest tax cuts in 50 years. i now call the chancellor. of the exchequer to make a statement, chancellor! kwasi kwarteng told mps it was all about firing up the economy. growth is not as high as it should be. this has made it harder to pay for public services requiring taxes to rise, and we need a new approach for a new era. our aim over the medium term is to reach a trend rate of growth of 2.5%... and so, rises in national insurance and corporation tax are being scrapped, and then the big reveal on income tax. right now, the very highest earners, those on £150,000 a year,

pay 45p in tax for every £1 over that amount they earn, but not for much longer. they have a big tax cut coming. but i'm not going to cut the additional rate of tax today, mr speaker. i'm going to abolish it altogether. from april 23rd, we will have a single higher rate of income tax of 40%. this will simplify the tax system and make britain more competitive, it will reward enterprise and work, it will incentivise growth, it will benefit the whole economy and the whole country... and there was more, an income tax cut for everyone. i can announce today that we will cut the basic rate of income tax to 19p in april 2023, one year early. that means a tax cut for over 31 million people in a few months time. also, an immediate cut in the property buying tax stamp duty in england and northern ireland. but some of the measures announced are not popular, including removing the cap

on bankers' bonuses, so why do it? we need global banks to create jobs here, invest here, and pay taxes here in london! in london! not in paris, not in frankfurt, and not in new york. overall, this plan involves the government borrowing a massive amount of money, a huge about turn from recent conservative instincts. rachel reeves! labour pointed out the tories have been in government since 2010. this statement is an admission of 12 years of economic failure, and now here we are, one last throw of the dice, one last claim that these ministers will be different. for all the chopping and changing, all the chaos and confusion, there has been one person there throughout — the prime minister.

a new era, but they have been in government for 12 years, it stretches credibility beyond breaking point, saying that tax cuts for the rich, whopping bonuses for bankers and low corporation tax for companies will somehow re—float, magically, britain's sinking economy. this budget amounts to an environment wrecker�*s charter and is a statement of missed opportunities. a reportjust this week shows that a major programme of insulating homes in britain and installing heat pumps could benefit the economy by £7 billion a year, create 140,000 jobs by 2030, get fuel bills down and climate emissions down too. some financial statements that come out of the treasury can feel inconsequential, easily forgotten. this is not one of them. this is a big move by a new chancellor and a new prime minister with not long to prove that it can work. chris mason, bbc news, at westminster. (tx)

we can now speak to damien. the o- osition we can now speak to damien. the: opposition are we can now speak to damien. t'te: opposition are sensing we can now speak to damien. ttl: opposition are sensing a we can now speak to damien. ttl opposition are sensing a real space opening up for them with the contrast between them and the current government, you have the labour bench, the liberal democrats, all coming into attack what they see is the focus in this budget on delivering for tax cuts for the richest and tax cuts for big corporations, for refusing to take more money from the big energy corporations, and those making huge profits at the moment, from the energy price rises. and so what they say, what the labour shadow chancellor said, she said that it is not a clash of policies but a clash of ideas, different ideas about how the country prospers. she said that

this basically is based on an outdated ideology, if we do things that benefit the wealthy, that will trickle down, so that has replaced levelling up. the liberal democrats are saying they don't think this offers anything for pensioners and people who are struggling to pay their mortgage and struggling, like small businesses, who are struggling. the government says this is about cutting taxes and simplifying the system to unleash more investment and more creative energy and to push growth in the future. they say that the benefits will come and they have described this as a bold change from the past. thank you. this comes at a time when inflation is at 9.9%.

it's at a 40 year high, leaving many households facing hardship. since the government's announcement today, the pound has fallen sharply against the us dollar as investors digest the biggest tax cutting budget in 50 years. 0ur economics correspondent, andy verity, has this analysis. if the markets believed the biggest tax cuts in 50 years were going to boost economic growth, you might expect the pound to strengthen. but foreign currency markets gave it a decidedly grumpy response. the pound, already at its lowest since 1985, dropped 2% to $1.10, which will make it even more expensive for the government to subsidise wholesale energy priced in dollars or euros. if you think about why investors are taking that, well, they don't really believe in the fiscal position of the new government. they're worried that some of these tax cuts that have been announced aren't going to be fully funded. that will result in a large amount of debt at a time when the bank of england is also going to be selling some of its holdings of uk government debt. here's why the city is worried. it's notjust the energy help

for households at 31 billion or six months' help for businesses costing 29 billion, the government has also cut taxes for the highest earners, corporations and individuals, costing 27 billion next year, rising to 45 billion three years from now. kwasi kwarteng's so—called mini budget has implemented maxi tax cuts, bigger than any other chancellor has done in decades. this was a huge event. it's called a mini budget, this is possibly one of the biggest i have seen in 30 years of looking at budgets, and it is certainly the biggest tax—cutting event since 1972, for exactly half a century, since we saw a chancellor stand up and announce quite such big tax cuts. the last time we saw tax cuts this big, there was another energy crisis and a conservative chancellor subsidising soaring energy prices and trying to go for growth. but two years after anthony barber's1972 budget, inflation got up to 24%. today, investors sold uk government bonds,

demanding a sharply higher interest rate to compensate for the risks of lending to a government that is financing huge tax cuts through borrowing. economists say it is likely to boost growth, but that might not last. we think this will boost output in the economy from something where it was hovering around zero over the next year or so to something like 2% over the next year or so. what it is doing is really bringing about an artificial boom in the economy. and the bank of england is going to respond to that with higher interest rates, because it is boosting the economy over and above its capacity to supply those goods and services. so in effect it's a problem, not an answer that we have had today from the budget. with the government doing its utmost to heat up the economy, the bank of england has to do even more to cool it down and keep inflation under control. interest rates are now expected in the city to rise by next august to 5.5%, more than twice their current level. andy verity, bbc news. andy, the bank of england and the

government are pushing in different directions now? in a way that has been going on for the last decade, and what you had during the time of austerity after the financial crisis was a government that was determined to spend less and was a government that was determined to send les :, :,, was a government that was determined to spend les— to spend less and it was about ttettin to spend less and it was about getting the — to spend less and it was about getting the deficit _ to spend less and it was about getting the deficit down - to spend less and it was about getting the deficit down and l to spend less and it was about - getting the deficit down and being responsible with public finances. the bank of england was doing the opposite with monetary policy and interest rates, it was keeping them as low as possible to support the economy, so they were fighting each other then. economy, so they were fighting each otherthen. now economy, so they were fighting each other then. now they have switched places so the government is doing the expansionary things, spending more money, to £100 billion extra as a result of the measures, this was a maxi budget, not a a result of the measures, this was a maxi budget, nota mini a result of the measures, this was a maxi budget, not a mini budget. because of those measures there more demand on the economy and that creates upward pressure on prices so now the bank of england is having to fight in the opposite direction and having to counter the extra heat of the government is putting into the economy, dampening it down with even higher rises of interest rates, and

on the markets they say they think they will have to go up to 5.5% next year, which is a huge steep rise. we have not been used to it for the last 13 years. we have had emergency low interest rates and cheap mortgages, and i don't think anyone has thought through what the consequences are going to be for mortgage holders. notjust people on variable rate mortgages who might feel the pain straightaway, but also those on fixed rate deals because as they come off in the next couple of years and people come to the end of the initial five year period, for example, they will have to find new interest rates and they may have to pay twice, maybe three times as much. 50 pay twice, maybe three times as much, ,, :, ., pay twice, maybe three times as much. :, :, pay twice, maybe three times as mu¢h. :, :, :, much. so what about what the government — much. so what about what the government is _ much. so what about what the government is doing _ much. so what about what the government is doing with - much. so what about what the i government is doing with stamp much. so what about what the - government is doing with stamp duty? we had stamp duty relief in the pandemic which ironically in the middle of the worst economic contraction we have had in 300 years during the pandemic, this caused a mini housing boom because people were keen to get hold of this tax

relief before it disappeared and when it did disappear in the housing market dampened down, we have had if buyers and fewer first time buyers, and fewer people taking out their i mortgage, but the government is worried rising interest rates might make that worse, maybe even a fear of a crash on the housing market so the government has given it extra stimulus and they feel this is a good use of taxpayers money to try to help buyers to buy more homes and that will push house prices up even further and for younger people it means they become less affordable and for anybody who's next move in the housing market is up that makes it more difficult, but governments over the last 20 years of whatever political stripe has run scared of any drop in house prices, even though it might be good for some people. they are worried about the politics of it. people. they are worried about the politics of it— politics of it. thank you, andy. we can now talk _ politics of it. thank you, andy. we can now talk to _ politics of it. thank you, andy. we can now talk to the _ politics of it. thank you, andy. we can now talk to the bbc's - politics of it. thank you, andy. we can now talk to the bbc's head - politics of it. thank you, andy. we can now talk to the bbc's head ofl can now talk to the bbc�*s head of

statistics. what about the changes on income tax? the statistics. what about the changes on income tax?— statistics. what about the changes on income tax? the combined effect ofthe on income tax? the combined effect of the normal _ on income tax? the combined effect of the normal income _ on income tax? the combined effect of the normal income tax _ on income tax? the combined effect of the normal income tax and - of the normal income tax and national insurance is more money in your pocket, but the biggest earners will get the most and we can show that to the audience. you can see in the chart that someone on an average earnings, which is around 30,000 a year, they will be taking home an extra £400 next year as a result of the changes announced this morning but if you go to the top of the scale, someone bringing home £200,000, they will be taking home an extra 5000, so seven times more. you benefit to them is 13 times bigger so this is unashamedly targeted at those in the most, but the government would say that they pay the most tax and also hope this will send a pro—business signal. to get more growth in the economy. we

were talking about stamp duty in relation to england and northern ireland stop scotland and wales have got their own systems and ireland stop scotland and wales have got their own system— ireland stop scotland and wales have got their own systems and stamp duty in encland got their own systems and stamp duty in england and — got their own systems and stamp duty in england and northern _ got their own systems and stamp duty in england and northern ireland - got their own systems and stamp duty in england and northern ireland is- in england and northern ireland is the tax you pay on a home above £250,000. and the rates go up as the property gets more expensive and we can show that to the viewers. below a quarter of a million, you don't pay a penny, that would get you terraced house in most places in england outside of the south—east. first—time buyers do not pay until you get up to 420,000, and that is the price of a flat in london. that is quite a saving because everybody else will be paying £9,000 in stamp duty on a property like that. as you go duty on a property like that. as you 9° up duty on a property like that. as you go up the rates it becomes more expensive, and this chart is not comprehensive, and the government put up their own stamp duty land tax

calculator and they advise you to take a look at that. you don't want to get a surprise after you have made your offer on a house and get landed with this, so do make those calculations before you seal the deal. ~ :, :, , calculations before you seal the deal. . :, : :, calculations before you seal the deal. :, :, , deal. what has changed with stamp du ? it is deal. what has changed with stamp duty? it is mainly _ deal. what has changed with stamp duty? it is mainly around the - duty? it is mainly around the 300- £600 range. so — duty? it is mainly around the 300- £600 range, so the _ duty? it is mainly around the 300- £600 range, so the government i duty? it is mainly around the 300- i £600 range, so the government has spent a tenth of what they have been taking in in stamp duty, taking people out of the stamp duty range, they have lifted the threshold at which you begin to pay and that has had a huge effect on first—time buyers, buying homes in the 300-600,000 buyers, buying homes in the 300—600,000 range, they could be saving £10,000 at the most, but for everyone else it is 2500 off the cost of stamp duty. the hope is that will lead to more people being more willing to sell and more people being willing to buy and then more people doing up their homes in order to get a good price and more

economic activity and may be builders coming in to meet the supply. but as andy said, it is very uncertain what the effects will be on the market because the prices could go up and even if they stay the same houses become less affordable as interest rates increase, so to see what the overall effect is on housing affordability remains to be seen.— effect is on housing affordability remains to be seen. robert, thanks for 'oinint remains to be seen. robert, thanks forjoining us- _ remains to be seen. robert, thanks forjoining us. taxation _ remains to be seen. robert, thanks forjoining us. taxation is— remains to be seen. robert, thanks forjoining us. taxation is devolved | forjoining us. taxation is devolved so the changes to stamp duty will not affect scotland or wales. and the changes to the income tax rates will not affect scotland. we can talk to kirsty blackman, from the snp. thanks forjoining us. first of all, your overarching view of what you have heard this morning and whether you feel confident that it will deliver growth? t whether you feel confident that it will deliver growth?— whether you feel confident that it will deliver growth? i don't know if that is the question, _ will deliver growth? i don't know if that is the question, the _ will deliver growth? i don't know if| that is the question, the chancellor seems to think it will deliver growth but actually, growth will not

feed people who can't currently afford to eat and growth at some unspecified point in the future, it does not mean those four in ten people on universal credit skipping meals over the summer when it was warm, it doesn't mean those people will be able to heat their homes and eat during the course of this winter and that is what we needed to hear today. we needed to hear about improvements to universal credit and we needed to hear something more ambitious than the energy plan which has so far been put forward because for all of him and saying that this will save people money, people will be paying double what they paid in january and people who could hardly afford to heat their homes this summer are still going to see a hike in the coming days in their energy costs. this is a very ambitious plan to make sure that the richest people continue to get richer and to absolutely avoid helping those people who are already in the most dire straits. people who are already in the most dire straits-— dire straits. when you talk about hel-tin dire straits. when you talk about helping the _

dire straits. when you talk about helping the richest _ dire straits. when you talk about helping the richest people, - dire straits. when you talk about helping the richest people, the l dire straits. when you talk about i helping the richest people, the top rate of tax is going, 45%, 45p in the pound. just to talk about that, it means scotland will be left with a top rate of 46p in the pound, and it will be 40p in the pound in england. do you think that should be matched? irate england. do you think that should be matched? ~ :, :, ., , england. do you think that should be matched? ~ :, :, :, , ., england. do you think that should be matched? ~ :, :, :, , :, ., matched? we have already had a differentiated _ matched? we have already had a differentiated income _ matched? we have already had a differentiated income tax - matched? we have already had a differentiated income tax system matched? we have already had a i differentiated income tax system in scotland and we have had the case where if you are on the lowest, you pay less tax in scotland, then you do south of the border, that has been the case now for some time. i'm glad to see the government moving towards that, 19p for the lowest rate. we have had that in scotland for a period of time already. the scottish budget will be set in we will go through the budget process and updates will be given to the scottish parliament on that, but we have to remember we don't have the same powers that they have here. we

cannot borrow in the same but the uk government can in order to fund spending. mr; government can in order to fund s-tendin. g , :, , :, spending. my understanding is that scotland will _ spending. my understanding is that scotland will get _ spending. my understanding is that scotland will get an _ spending. my understanding is that scotland will get an increase - spending. my understanding is that scotland will get an increase in - spending. my understanding is that scotland will get an increase in the | scotland will get an increase in the block grant from the treasury as a result of the changes in the disparity that there will be so there will be funding for scotland to make that change if it wants but also that money could be used for something else, do you think it should be used to equalise the top rate of tax? there was a disparity before but it was only 1p in the pound at the top and the bottom rates but now it is 6p in the pound. the chancellor said there would be an increase in the block grant for scotland but what he hasn't done is actually produced the figures for that. we haven't seen the 0br figures on how much money scotland is actually going to get as a potential increase in the block grant because the chancellor has said at some unspecified point in the future he will come back with the future he will come back with the costings for all of the things that he talked about today so we don't know what the fiscal package for scotland is going to be... share

for scotland is going to be... are ou for scotland is going to be... are you concerned — for scotland is going to be... are you concerned about the disparity of sixpence in the pound at the top rate between scotland and england? i'm concerned about the announcement which effectively gave more money to people who are already managing very well, thank you. the chancellor has not produced a distributional analysis which if you did would show that this is punishing the people who are at the bottom of the income scale and giving bonuses to those people who are at the higher end. i'm more concerned about the chancellor's direction than i am about scotland's position. kirsty blackman from _ about scotland's position. kirsty blackman from the _ about scotland's position. kirsty blackman from the snp, - about scotland's position. kirsty blackman from the snp, thanks| about scotland's position. kirsty blackman from the snp, thanks for joining us. we can now speak to mark ashdown in bolton.

the bolton community grosses helps hard pushed families make ends meet. people pay £4 but get £25 worth of essentials. for some, it's a lifeline. like fay, she has two children and is on universal credit. she's looking for work, but her money isn't stretching as far as it used to. in past years, i've saved and i've been able to put money, i have a card on gas and i have been able to build it up, and i haven't got that disposable income now, so i'm really worried about that and i'm trying to think we can sit with duvets around us and make it fun, but i've still got to cook and have hot water. there are 18 of these centres across england and scotland, helping 30,000 families with advice on debt and other money matters. a small bit extra, then, in everyone's pocket is welcome — but is it enough to make a real difference?

people are often at the till in tears, and we hear more and more heartbreaking stories about families who...parents are missing meals to feed their kids, they are dreading the winter, the decision between heating and eating. and the fear is that it is a trickle—down budget, some time in the future we may see a benefit if all goes well, but the poor need help right now. there was help for business owners too, like dave, who supplies it for schools. corporation tax is a big one for idns. they're not giving back, but we had budgeted for paying that extra tax. now it means we can recruit at least two extra full—time staff, and it will help offset some of the other increasing overheads we have experienced over the last 12—18 months. every taxpayer will benefit from these changes, but shoppers in norwich are asking who will gain most, and how will it be paid for? spending more money that we don't have, that's the problem. rather than borrowing more money, we should be sorting out the issue that we have, balancing the finances. the rich, they'll benefit. if they give her a tax cut of a few pounds, somebody on a mega wage will get a lot of money. the chancellor pledged he is on the side of the british people.

voters will ultimately decide if they agree. marc ashdown, bbc news, in bolton joined by craig bowman, from the federation for small businesses. quite a lot for small businesses? limited company directors who pay themselves in dividends, or perfectly find ways to own a living, but they became more expensive, and that will now disappear. the second thing is the energy package for small businesses which is huge with the wholesale price fix but people have not had their bills yet so they are not feeling that but if you go back to three weeks ago, there was an existential crisis, will small businesses survive and those major things, add on the corporation tax,

cancellation for larger smes, these things help, so we are looking at the package and thinking that there is a lot for business in one go in a government that has only been in this place now two weeks.- government that has only been in this place now two weeks. when you sa the this place now two weeks. when you say they help. _ this place now two weeks. when you say they help. do — this place now two weeks. when you say they help, do they _ this place now two weeks. when you say they help, do they help - this place now two weeks. when you say they help, do they help in - this place now two weeks. when you say they help, do they help in terms| say they help, do they help in terms of actually, the picture has changed where a lot of businesses were facing an accidental threat, so this helps to get through or does it actually help in terms of changing things around so much that these small businesses start to think about growth and expansion? the about growth and expansion? ttl government is talking about economic growth and you can't do that without the existing small business community doing well and surviving so when you look at the energy bills to get through the winter and national insurance, they can now employ someone more cheaply than before, so that is investing in people, creating morejobs, and they can do bigger pay rises when that comes through, and a lot of the pay rises were reduced this time because of the next rise because they could

not afford both so we should see more money in small businesses pockets and also more money in their employers pockets and if you look at the groups that are going to be helped, that is a big ship, so the iss have said —— that is a big shift, so the ifs have said, will growth come back? tt shift, so the ifs have said, will growth come back?— shift, so the ifs have said, will growth come back? it could be a temporary _ growth come back? it could be a temporary boost _ growth come back? it could be a temporary boost in _ growth come back? it could be a temporary boost in growth - growth come back? it could be a temporary boost in growth and l growth come back? it could be a l temporary boost in growth and not growth come back? it could be a - temporary boost in growth and not a sustainable expansion of production, it has been said.— it has been said. these are permanent _ it has been said. these are permanent changes - it has been said. these are permanent changes and i it has been said. these are | permanent changes and the it has been said. these are - permanent changes and the impact it has been said. these are _ permanent changes and the impact of changes will be permanent, things like the annual investment allowance which was improved today, that is a permanent change, but that doesn't mean it is job permanent change, but that doesn't mean it isjob done. we have the autumn budget which has been confirmed today which needs to be looking at... t confirmed today which needs to be looking at- - -_ confirmed today which needs to be looking at... i heard there would be a budtet looking at... i heard there would be a budget sometime _ looking at... i heard there would be a budget sometime potentially - looking at... i heard there would be l a budget sometime potentially before the end of the year?— the end of the year? before the end ofthe the end of the year? before the end of the year- — the end of the year? before the end of the year- i _ the end of the year? before the end of the year. i thought _ the end of the year? before the end of the year. i thought you _ the end of the year? before the end of the year. i thought you meant -

of the year. i thought you meant before the _ of the year. i thought you meant before the financial _ of the year. i thought you meant before the financial year. - of the year. i thought you meant before the financial year. no, i of the year. i thought you meant| before the financial year. no, but the will before the financial year. no, but they will be _ before the financial year. no, but they will be able _ before the financial year. no, but they will be able to _ before the financial year. no, but they will be able to look - before the financial year. no, but they will be able to look at - they will be able to look at business rates and look at regulation and all sorts but we want to bank these first two weeks, very busy, a lot of positive moves, and then move on to the broader economy and what we need to get through and permanently see a higher rate of growth. permanently see a higher rate of trowth. :, :, , permanently see a higher rate of trowth. :, . , . growth. you are very positive about this? you said _ growth. you are very positive about this? you said it _ growth. you are very positive about this? you said it could _ growth. you are very positive about this? you said it could mark - growth. you are very positive about this? you said it could mark the - growth. you are very positive about| this? you said it could mark the end of what was said before by boris johnson... of what was said before by boris johnson- - -_ of what was said before by boris - johnson. . ._ next johnson... yes, the f business. next macro. johnson... yes, the f business. next macro- thank — johnson... yes, the f business. next macro. thank you _ johnson... yes, the f business. next macro. thank you very _ johnson... yes, the f business. next macro. thank you very much - johnson... yes, the f business. next macro. thank you very much for - johnson... yes, the f business. next| macro. thank you very much for now. stay with us on bbc news — we'll have reaction from westminster throughout the day. and at half past three — we'll be putting some of your questions to experts on what the mini—budget means for you — send them in using the hashtag #bbcyourquestions or email yourquestions@bbc. co. uk.

but for now — we'll hand back to the studio. a second teenager has been arrested in connection with the death of a 15—year—old boy who was stabbed outside his school gates, according to police. khayri mclean died in hospital after an attack near the entrance of north huddersfield trust school on wednesday afternoon. yesterday, west yorkshire police arrested a 16—year—old boy in huddersfield, on suspicion of murder. the coroner at the inquest into the death of 14—year—old, molly russell, issued a warning to the court about the distressing, harmful content of videos that the teenager had watched on instagram. the warning came before a series of video clips, found on her account, were shown to the hearing. 0ur correspondent, angus crawford, is following the inquest in north london. bring us up to date with what happened today, please. molly russell took _ happened today, please. molly russell took her _ happened today, please. molly russell took her own _ happened today, please. molly russell took her own life - happened today, please. mollyl russell took her own life almost five years ago. her family believe she was happy and healthy, bubbling

with enthusiasm for life but