lowered. households will pay more in energy bills from april with typical bills rising to £3000, as the government reduces the amount of support it gives. the state pension, benefits and tax credit will all rise by more than 10%, in line with the rate of inflation as it was in september. the energy companies have been hit with more taxes. health, education and defence budgets will be maintained but other departments are likely to be squeezed. capital spending will be frozen, but not for a couple of years after the general election. bad news if you own an electric car, up until now, that has been tax—free but from april 2025, you will be liable to excise duty. rachel reeves accused the conservatives are picking the pockets of the entire country. those

are the main headlines. we will be unpicking all of the detail with our correspondent and experts. the snp said the chancellor should have made fairer choices instead of imposing devastating cuts to family budgets. his predecessor managed to crash the economy on 26 minutes, but he has spent the past 53 minutes trying to patch up those mistakes. the reality is we will all be living with the disastrous consequences of trussonomics for years to come. his difficult choices are of nothing compared to what many of our constituents face. the tories spent the summer squabbling in a leadership contest when they should have been preparing for this difficult winter ahead. and now the uk is £30 billion worth of. scotland is paying a heavy price indeed from

being in this union.— being in this union. liberal democrats _ being in this union. liberal democrats warned - being in this union. liberal democrats warned stealth | being in this union. liberal - democrats warned stealth taxes and being in this union. liberal _ democrats warned stealth taxes and a barrage of bells and rising mortgages will leave a typical family more than 400 —— £4000 worse off next year. it family more than 400 -- £4000 worse off next year-— off next year. it will cause untold ain for off next year. it will cause untold pain for everyone, _ off next year. it will cause untold pain for everyone, soaring - pain for everyone, soaring mortgages, unfairtax pain for everyone, soaring mortgages, unfair tax hikes and further cuts to struggling public services this conservative garment has plunged the government into chaos and now they are forcing ordinary families to pay for their incompetence. foran ordinary families to pay for their incompetence. for an average family, this will mean an added thousands of pounds and local services are being cut while real terms pay is decreasing. my question to the chancellor simple, who voted for this? it certainly was not the british people. i this? it certainly was not the british people.— this? it certainly was not the british people. this? it certainly was not the british --eole. . ., ., _ british people. i am now “oined by the general — british people. i am now “oined by the general secretary _ british people. i am now “oined by the general secretary of h british people. i am nowjoined by the general secretary of the - british people. i am nowjoined by the general secretary of the trade | the general secretary of the trade union congress. what are your key thoughts on having heard from the chancellor? it is

thoughts on having heard from the chancellor? , thoughts on having heard from the chancellor?— chancellor? it is the same old sto . chancellor? it is the same old story- the _ chancellor? it is the same old story. the government - chancellor? it is the same old story. the government must i chancellor? it is the same old i story. the government must up chancellor? it is the same old - story. the government must up the economy and now they are expecting working people to pay the price. i think one of the big stories of this budget is hidden away in the 0br assessment, which is that working people are going to see over the next two years a 7% hit to their living standards. that is a political choice, the government has taken, at the same time as it is lifting the cap on bankers bonuses. that says a lot about which side the government is on.— that says a lot about which side the government is on. what does that to sa ou as government is on. what does that to say you as a — government is on. what does that to say you as a union? _ government is on. what does that to say you as a union? pushing - government is on. what does that to say you as a union? pushing harder i say you as a union? pushing harder for bigger pay increases? bill say you as a union? pushing harder for bigger pay increases? all people are lookin: for bigger pay increases? all people are looking for _ for bigger pay increases? all people are looking for is _ for bigger pay increases? all people are looking for is pay _ for bigger pay increases? all people are looking for is pay increases - are looking for is pay increases that at least keep up with the cost of living and of course we have got millions of public servants who looked after us through the pandemic, were lauded as heroes and they are now being expected to accept real pay cuts, from prison officers, firefighters, midwives and nurses, teachers, people are saying enough is enough, we want a pay

increase that at least keeps up with the cost of living. we increase that at least keeps up with the cost of living.— the cost of living. we know the money won't — the cost of living. we know the money won't be _ the cost of living. we know the money won't be there - the cost of living. we know the money won't be there for- the cost of living. we know the money won't be there for the l the cost of living. we know the i money won't be there for the sort the cost of living. we know the - money won't be there for the sort of pay increases your talking about. are we heading for a winter of discontent?— are we heading for a winter of discontent? , , . ., . discontent? this is the choice the government _ discontent? this is the choice the government is — discontent? this is the choice the government is making. _ discontent? this is the choice the government is making. they - discontent? this is the choice the government is making. they only| discontent? this is the choice the - government is making. they only have themselves to blame. they could have raised enough money to give any —— everyone and impress —— inflation proofed pay rise. they only have themselves to blame. in proofed pay rise. they only have themselves to blame.— proofed pay rise. they only have themselves to blame. in terms of the ruestion of themselves to blame. in terms of the question of industrial— themselves to blame. in terms of the question of industrial action - themselves to blame. in terms of the question of industrial action ahead, . question of industrial action ahead, is it going to be a bleak winter? i have never seen people so determined. it is almost like their they are —— they are past anger on this and that is why we are seeing such big votes on industrial action, not because people want to go on strike but they feel they have no choice and the government simply is not listening. it choice and the government simply is not listening-— not listening. it has been said by some analysts _ not listening. it has been said by some analysts that _ not listening. it has been said by some analysts that what - not listening. it has been said by some analysts that what is - not listening. it has been said by - some analysts that what is happening with public spending is not as bad as had been anticipated. do you take

any comfort from what you have heard today? there will be real terms increases over five years. but not for the first _ increases over five years. but not for the first two. _ increases over five years. but not for the first two. in _ increases over five years. but not for the first two. in other - increases over five years. but not for the first two. in other words, | for the first two. in other words, for the first two. in other words, for the first two. in other words, for the rest of this parliament. and this is a situation with one in three public servants taking steps to quit the service. we have invested in their training and vocational and they feel gutted. morn mac —— many of them can earn more in supermarkets than sticking with the public services that we all rely on. this is almost vandalising our public services by stealth. this government needs to come and talk to unions properly about giving people a proper pay rise. they have earned it after 12 years of pay stagnating and real pay cuts, enough is enough. thank you very much. and the balancing act the chancellor has been contemplating is a situation

where inflation is currently running at 11% and as we heard from the chancellor today, the country is already in recession. and the government stated goal right now is to bring inflation back down to the bank of england target of 2%. it is forecast to start to fall sharply but the government strategy is to try to drive down inflation and then to look at growing the economy beyond that. we can now talk to the national chair of the federation of small businesses. there was some detail in what we heard from the chancellor that will help small businesses and, martin, what did you think when you heard the chancellor speaking? we what did you think when you heard the chancellor speaking?— the chancellor speaking? we were struck by the _ the chancellor speaking? we were struck by the fact _ the chancellor speaking? we were struck by the fact that _ the chancellor speaking? we were struck by the fact that he - the chancellor speaking? we were l struck by the fact that he mentioned two priorities, one was debility on the other one was growth and there was plenty that we agreed with on the stability side but there was precious little that we could see on

growth. there were quite a few issues when i think he has missed an opportunity. when you look at the last two recessions that we have gone through, most of the recovery has come from the small business sector and he needed the help of small business owners to try and get out of this mess and i'm afraid he let down on a field france.- out of this mess and i'm afraid he let down on a field france. there is a cut in business _ let down on a field france. there is a cut in business rates. _ let down on a field france. there is a cut in business rates. how - let down on a field france. there is a cut in business rates. how much | let down on a field france. there is| a cut in business rates. how much i help will that be? i a cut in business rates. how much i help will that be?— help will that be? i think what we are seeinr help will that be? i think what we are seeing is _ help will that be? i think what we are seeing is that _ help will that be? i think what we are seeing is that most _ help will that be? i think what we are seeing is that most of - help will that be? i think what we are seeing is that most of the - are seeing is that most of the concentration is coming through with dividend changes and we are seeing again the owners of small limited businesses are being hit by the dividend increases. and the second thing you have got is national insurance contributions, where he has frozen the allowance, which for many of these things, they are a bit like stealth taxes, they are

something that is not so obvious but it certainly will register with small business owners and i think it will constrain what they can do. the government — will constrain what they can do. the government says 75% of businesses will not actually pay the increased corporation tax.— corporation tax. that is true but corporation _ corporation tax. that is true but corporation tax _ corporation tax. that is true but corporation tax is _ corporation tax. that is true but corporation tax is a _ corporation tax. that is true but corporation tax is a tax - corporation tax. that is true but corporation tax is a tax on - corporation tax. that is true but. corporation tax is a tax on success. for most of our businesses, they are concerned about the taxes they pay before they even sell a beam. they are interested in things like taxes on property, on people, and it is very important that the chancellor recognises that. you very important that the chancellor recognises that.— very important that the chancellor recognises that. you have mentioned before the reduction _ recognises that. you have mentioned before the reduction any _ recognises that. you have mentioned before the reduction any number- recognises that. you have mentioned before the reduction any number of. before the reduction any number of small businesses, down nearly a million sting —— since the start of 2020. are you concerned that more will disappear? irate 2020. are you concerned that more will disappear?— 2020. are you concerned that more will disappear? we are seeing some really serious _ will disappear? we are seeing some really serious signs _ will disappear? we are seeing some really serious signs of— will disappear? we are seeing some really serious signs of stress - will disappear? we are seeing some really serious signs of stress any - really serious signs of stress any small business community and as i said before, it is really important that community feels that the government is behind them and can

help them get out of this recession. thank you very much indeed. how people are reacting to what we have heard from the chancellor? we can now head to gloucester market. people in the heart of gloucester city centre have been talking to us all day about the difficult choices they have been making at home or in they have been making at home or in the workplace. this is eastgate market, it has been around for 60 years and we have been getting reaction from business owners, public sector workers and from shoppers about today's autumn statement and we can speak to some of them. you gaffney manager of a social enterprise company, helping vulnerable and disadvantaged people. what do you make what you have heard today question mark it is good to see that there is a rise in disability payments. that cost is

not bein: disability payments. that cost is not being burdened _ disability payments. that cost is not being burdened on - disability payments. that cost is not being burdened on normal. disability payments. that cost is - not being burdened on normal people, thatis not being burdened on normal people, that is important.— that is important. when so many eo - le that is important. when so many people are _ that is important. when so many people are facing _ that is important. when so many people are facing those - that is important. when so many people are facing those really . that is important. when so many i people are facing those really tough decisions about whether to heat their homes, to reduce kind of what they are eating, stepping back on some luxury items, this is something you are hearing about on a daily basis. ~ . ., ., ,., ., ., basis. we are hearing about that a lot. we basis. we are hearing about that a lot- we have _ basis. we are hearing about that a lot. we have a _ basis. we are hearing about that a lot. we have a lot _ basis. we are hearing about that a lot. we have a lot of _ basis. we are hearing about that a lot. we have a lot of vulnerable i lot. we have a lot of vulnerable people and we are open every single day of the year, our mental health support of —— is open every day of the year and we are starting to notice people not being able to afford their essentials, heating, food, medication, travel, it is not luxuries any more, it is expecting all aspects their lives. you luxuries any more, it is expecting all aspects their lives.— all aspects their lives. you own this craft stall _ all aspects their lives. you own this craft stall next _ all aspects their lives. you own this craft stall next to - all aspects their lives. you own this craft stall next to us i all aspects their lives. you own this craft stall next to us and l all aspects their lives. you own i this craft stall next to us and we have seen so many difficult decisions being made by business thousands in recent months. how do you feel about today? i thousands in recent months. how do you feel about today?— you feel about today? i don't think it is auoin you feel about today? i don't think it is going to _ you feel about today? i don't think it is going to make _ you feel about today? i don't think it is going to make any _ you feel about today? i don't think it is going to make any difference i it is going to make any difference all round — it is going to make any difference all round. we are all going to be in the same _ all round. we are all going to be in the same situation that we already have been — the same situation that we already

have been. ithink the same situation that we already have been. i think the the same situation that we already have been. ithink the big —— keep on spooning — have been. ithink the big —— keep on spooning and getting their moneys worth— on spooning and getting their moneys worth and _ on spooning and getting their moneys worth and the rest of us are carrying _ worth and the rest of us are carrying on struggling. people are not spending. we are 38 days away from christmas and people are not spending _ from christmas and people are not spending because the money is not there _ spending because the money is not there they— spending because the money is not there. they will tighten their belts — there. they will tighten their belts it _ there. they will tighten their belts. it has a knock—on effect for all of _ belts. it has a knock—on effect for all of us — belts. it has a knock—on effect for all of us do— belts. it has a knock-on effect for all of us. ,, ~ all of us. do you think the government _ all of us. do you think the government has - all of us. do you think the government has gone i all of us. do you think the government has gone far| all of us. do you think the - government has gone far enough today? i government has gone far enough toda ? ., �* ~' , government has gone far enough toda ? ., �* ~ , ., ., today? i don't think they have gone far enough- — today? i don't think they have gone far enough. there _ today? i don't think they have gone far enough. there are _ today? i don't think they have gone far enough. there are still - today? i don't think they have gone far enough. there are still people l far enough. there are still people struggling, bus routes being cut, public services being cut, services being closed, we are seeing this every single day, and it is the people with the least money that are struggling. and i don't think the government has gone far enough. those companies are still make in record profits, making billions extra everything will year and it is not good enough.— not good enough. thank you very much. not good enough. thank you very much- lt'll _ not good enough. thank you very much. it'll be _ not good enough. thank you very much. it'll be interesting - not good enough. thank you very much. it'll be interesting to i not good enough. thank you very much. it'll be interesting to see i much. it'll be interesting to see whether these government announcements will make a difference in terms of trying to slow down the rise in inflation and whether they

are helped in restoring stability for businesses and families. it is business as usual in gloucester but it will be interesting to see how those budgets and how spending will continue to be squeezed over the coming months. thank you very much indeed. if you have questions about the autumn statement, whether it is about your energy bills, tax rises or whether you have questions about your pension benefits, what would you like to know? you can get in touch with us? at 3:30pm, we will have a panel of three guests talk through all of the changes. you can send in your questions using the hashtag. 0r your questions using the hashtag. or your questions using the hashtag. or you can e—mail us. that is coming up a little bit later. it is time now for a look at the weather.

this afternoon, brighter weather across parts of northern ireland, the south of england. elsewhere, overcast and raining heavily and this is where the rain is going to stay over the next few days. it looks as if the —— it —— the met office has issued an amber weather warning. very heavy rain around aberdeen and the mountainous regions. we could see around 100 to 150 millimetres of rain. awfully wet in parts of scotland and elsewhere the rain will come and go, not quite so heavy and if you look at the focus from friday, many of us will have some brighter weather but the heavy rain will continue in eastern parts of scotland. top temperatures for tomorrow.

this is bbc news i'mjoanna gosling at westminster. £55 billion of tax rises and spending cuts announced in the autumn statement — but the chancellor says says he's asking more from those who have more. jeremy hunt's announcements mean millions of people will start paying more tax — threre's also an increase in the windfall tax on oil companies. higher growth and a stronger nhs and education system. spending on public services to rise more slowly than planned. labour says people are not better off after today's annoucements. growth, dismal. investment, down. wages squeezed, public

services crumbling. and what does the chancellor have to offer today? more of the same. iam i am live in gloucester where i have got lots of reaction for you from the people of the city to the chancellor's autumn statement. i will be talking to a food writer who advises how to feed their family for £10 a week. we have local business owners so lots of conversations to be had. dojoin us. i'm geeta guru—murthy — the other headlines this hour. a court in the netherlands is delivering a verdict on four men accused of bringing down a passenger plane over ukraine in 2014. in ukraine, the bodies of more than 60 people, with signs of torture, have been found in the newly liberated regions of kherson.

the office for budget responsibility is publishing its latest economic and fiscal outlook now the chancellor has completed his autumn statement in parliament. let's listen in. this forecast was prepared against the backdrop of volatility and uncertainty. unlike those previous forecasts, some uncertainty was home—grown. 0ne relatively minor consequence of this disruption is a shorter document than usual. we have had to keep the document to 63 plays pages. while some of you may regard this as an improvement, i can assure those of you who might be worried about the full, many of them today and the i can assure you all of the analysis, conclusions behind those charts and graphs you see in the document continue to of myself and my colleagues. let me turn to the

content of the latest forecast. starting with three key developments that explain most of the changes in the outlook since our last forecast in march. the most important economic development since our last forecast has been the energy crisis, precipitated by the russian invasion of ukraine. the rush to fill up gas storage before the winter and the damaging of the pipeline drove wholesale gas prices in europe to new highs over the summer. as shown in the blue line on the right, our economy forecast is conditioned on market expectations for gas prices ever next three years, which we held constant in real terms in the final two years of the forecast. based on the average of the future curves the 26th of october, gas prices are expected to reach a peak of 3.70 in early 2023 and are roughly double the level of the march forecast over the level of the march forecast over the air. prices fold back to around 1.90 in the mid—20 20s, which is still full—time higher than we were used to be for the pandemic. the

energy price guarantee limits household bills to £2500 this winter and £3000 next winter, insulating household from the even larger increase in energy bills than they were at faced. a similar scheme for businesses is in place until march. the schemes do not change the price of energy in the medium term so sustain high energy prices act as a drag on potential energy and output. as inflationary pressures built up, market expectations for the rise in the bank of england policy rate have also risen. a peak of 2% shown in green, to around 5% used in our latest forecast in blue. as you can see from the chart on the right, longer term interest rates on uk government debt have risen and are now two to three times higher than we expected in march. the gilt rate curve used in fiscal forecast in

blue were taken in the first ten days of rishi sunak�*s premiership on the 24th of october. just under 24% at the 20 year mark. as you can see from the yellow lines, interest rate expectations have come down somewhat after the growth plan from kwasi kwarteng. while some of that late september spite increase in the interest rate differential between the uk and other the sovereigns, that increasing spread almost disappeared by the time we close the fiscal forecast. disappeared by the time we close the fiscalforecast. in addition disappeared by the time we close the fiscal forecast. in addition to these largely external influences, fiscal policy at home has been a key source of uncertainty since march. the past six months have witnessed a system of dramatic swings in fiscal policy the five major fiscal statements delivered by three successive governments. this charge the cumulative effect on government borrowing over the next five years. starting with that then chancellor

rishi sunak�*s cost of living package which added £9 billion to borrowing in this financial year with savings from subsequent years. fast forward to the 8th of september and that then prime minister liz truss' energy price guarantee and equivalent support for businesses added £70 billion to borrowing over the next two years. to this large near—term loosening, the personal corporation tax cuts in the 3rd of september growth plan would have added £48 billion to borrowing over the medium term. but almost all these tax cuts were reversed in jeremy hunt's statement with the main survivor being the ditching of the health and social care levy which brought it down to £21 billion by 2027, 28. on this autumn statement delivers a further package of spending cuts which reduces borrowing by £26 billion. taken together and including the indirect

effects via the economy, the net impact of these announcements and reversals has added £40 billion to borrowing next year and take £40 billion of borrowing by 2027, 28. those big movements in energy markets, interest rates and policy since march have big implications over the next five years. let me start with their implications for inflation. we now expect inflation to be cut 11.1% in the fourth quarter, driven by higher global energy prices and food prices. that is 2.5 percentage points than we forecast in march but the peak is 2.5 percentage point lower than without the energy price guarantee as illustrated by the dotted line on the chart. interest rates are expected to full back sharply and drag into negative territory by the middle of the decade. in the near term, inflation outpaces growth and nominal wages, which expect to grow

by 6% this year and 4% next year. this drive is historically large falls in disposable income which dropped by 7% over 2023, 24 wiping out the last eight years of improvement. this steep full in living standards happens despite the energy guarantee. however, for a net energy guarantee. however, for a net energy importer like the uk, the huge increase in global gas prices represents trade shock which leaves our country poorer. government policy through spending, taxation and borrowing, cannot make them go away. we expect real incomes in 2027 to still be 1% below their pre—pandemic peak of three years ago. this squeeze on real household incomes drives down consumption and tips the economy into a recession, lasting just over a year from the

lasting just over a year from the last quarter. real gdp falls byjust over 2% but it would have half as much again in the absence of support. this has made it shallower experience but similar in death scene in the 1990s recession. high energy cost, corporate taxes reduce business investment over the next two years with longer term implications, which i will come back to. this week output combined with the downward data, means gdp doesn't return to its pre—pandemic level and tilt the end of 2024 and remained 3% lower. . , tilt the end of 2024 and remained 396 lower. . , ' . tilt the end of 2024 and remained 396 lower. . , , . ., �* lower. that is the office for budget responsibility _ lower. that is the office for budget responsibility forecast _ lower. that is the office for budget responsibility forecast running i responsibility forecast running through what lies ahead and it is this forecast that didn't happen when kwasi kwarteng gave his mini budgetjust a matter of when kwasi kwarteng gave his mini budget just a matter of weeks when kwasi kwarteng gave his mini budgetjust a matter of weeks ago and it was the absence of that alongside what was being said by the

then chancellor under the then prime minister, liz truss, that caused so much concern on the markets because their statement wasn't underpinned by the forecast of the government's official forecaster, by the forecast of the government's officialforecaster, which is the office for budget responsibility. we were hearing the uk is now facing its biggest drop in living standards on record as the cost of living crisis eats into people's wages and inflation is 11%. there forecast is that household incomes when adjusted for rising prices will drop by 7% in the next few years and living standards will not recover to the levels that they were last year until 2027, 28. the uk is already in recession and it is set to shrink further next year. let's get a round—up from damian grammaticas of what the chancellor said earlier. after the last tory budget brooke

ayers, what is in that little blue book is meant to stabilise things. the team photograph is meant to be reassuring. this is a chancellor who needs to win back trust in the and own needs to win back trust in the capability 1d own needs to win back trust in the capability to own the j j 77 and be in face be i looming affix 77 if if” 7 w be i looming recession 7 if” 7 w be ini looming recession 7 if” 7 w be ini loor his recession 7 if” 7 w predecessor. jeremy hunt says he to tackle predecessor. jeremy hunt says he i to tackle inflation _ predecessor. jeremy hunt says he i to tackle inflation meaning | predecessor. jeremy hunt says he. i to tackle inflation meaning it needs to tackle inflation meaning it is the biggest threat we face. higher inflation is unemployment savings, causes ill most and eats away at trust most and eats away at

trust m whichi eats away at tru is m which a rats away at tru is —. sis—gigging rats is vay at tru is n be hicha rats is vay at earner will and every earner will be effected and the thresholds at is paid, for five years. he forf that ears. he being richest. being rich decision .. ”m s .. s... rich decision e on rent is - rich decis threshold m rent is - 45p rate becomes payable from 150,000 — 45p rate becomes payable from 150,000 to those earning or 7 159.000t 7 .. .,—§..- or mooor , in _ or payjust over more tax every year. m tax eve ear. £1200 more in tax every year. and somethin: £1200 more in tax every year. and something - for— £1200 more in tax every year. fific something for by the something called for by the opposition, they will be more windfall taxes on energy firms. i opposition, they will be more windfall taxes on energy firms 1st opposition, they will be more windfall taxes on e from fir market opposition, they will be more

windfall taxes on e frt for ir market opposition, they will be more windfall taxes on e frt for low arket create windfall profits for low " " ' electricity generation, so carbon electricity geenerationfise - jantry_ carbon electricity geeneratienfise i january the carbon electricity generation, se january the ist carbon electricity geeneratien, se january the ist we have decided from january the ist we have decided to introduce a new, temporary 45% levy on— to introduce a new, temporary 45% levy on electricity generators. together _ levy on electricity generators. together these measures raise £14 billion— together these measures raise £14 billion next year. the together these measures raise £14 billion next year.— billion next year. the other half of his ian is billion next year. the other half of his plan is for— billion next year. the other half of his plan is for spending _ billion next year. the other half of his plan is for spending restraint, | his plan is for spending restraint, discipline and efficiency, he called it. they will be more than £2 billion a year put into schools and money for the nhs. i billion a year put into schools and money for the nhs.— billion a year put into schools and money for the nhs. i will increase the nhs budget _ money for the nhs. i will increase the nhs budget in _ money for the nhs. i will increase the nhs budget in each _ money for the nhs. i will increase the nhs budget in each of- money for the nhs. i will increase the nhs budget in each of the i money for the nhs. i will increase | the nhs budget in each of the next two years— the nhs budget in each of the next two years by £3.3 billion. the chief executive _ two years by £3.3 billion. the chief executive of— two years by £3.3 billion. the chief executive of the nhs and prichard has said _ executive of the nhs and prichard has said that should provide sufficient funding for the nhs to fulfil its — sufficient funding for the nhs to fulfil its key priorities. she said it shows — fulfil its key priorities. she said it shows the government is serious about— it shows the government is serious about its— it shows the government is serious about its commitment to prioritise our nhs — about its commitment to prioritise our nhs. 3.3 billion for the nhs, £47 _ our nhs. 3.3 billion for the nhs, £47 billion— our nhs. 3.3 billion for the nhs, £4.7 billion for social care, a record — £4.7 billion for social care, a record £8_ £4.7 billion for social care, a record £8 billion package for our

health— record £8 billion package for our health and care system. that is a conservative government putting the nhs first _ conservative government putting the nhs first. mr conservative government putting the nhs first. ' conservative government putting the nhs first. ~ , , ., , nhs first. mr hunter said pensions and benefits _ nhs first. mr hunter said pensions and benefits will— nhs first. mr hunter said pensions and benefits will go _ nhs first. mr hunter said pensions and benefits will go up _ nhs first. mr hunter said pensions and benefits will go up in - nhs first. mr hunter said pensions and benefits will go up in line i nhs first. mr hunter said pensions and benefits will go up in line with| and benefits will go up in line with inflation, so he said this was a plan to help protect the vulnerable and return to growth. labour's shadow chancellor rachel reeves wasn't impressed. bill shadow chancellor rachel reeves wasn't impressed.— shadow chancellor rachel reeves wasn't impressed. all the hon tree lot today was _ wasn't impressed. all the hon tree lot today was an _ wasn't impressed. all the hon tree lot today was an invoice _ wasn't impressed. all the hon tree lot today was an invoice for - wasn't impressed. all the hon tree lot today was an invoice for the i lot today was an invoice for the economic carnage this government has created. neveragain economic carnage this government has created. never again come the conservatives be seen as the party of economic competence. the combination _ of economic competence. the combination of _ of economic competence. the combination of tax _ of economic competence. the combination of tax rises and the hit from inflation means people will face real falls in from inflation means people will face realfalls in their disposable income. in face real falls in their disposable income. ., , ., income. in the last hour the conservatives _ income. in the last hour the conservatives have - income. in the last hour the conservatives have picked l income. in the last hour the l conservatives have picked the pockets of purses and wallets of the entire country the chancellor has deployed a raft of stealth taxes, taking billions of pounds from ordinary working people. a conservative double whammy that sees

frozen tax thresholds and double digit inflation in a real value of people's wages. to digit inflation in a real value of people's wages-— digit inflation in a real value of people's wages. digit inflation in a real value of n-eole'swaes, .,, , digit inflation in a real value of ”eole'swaes, .,, , ., people's wages. to see people face a real squeeze — people's wages. to see people face a real squeeze on _ people's wages. to see people face a real squeeze on the _ people's wages. to see people face a real squeeze on the opposition i real squeeze on the opposition parties want to play much of the blame on the government. not international factors like the pandemic of the war in ukraine. this conservative — pandemic of the war in ukraine. this conservative government has plunge the economy— conservative government has plunge the economy into _ conservative government has plunge the economy into chaos _ conservative government has plunge the economy into chaos and - conservative government has plunge the economy into chaos and forcing i the economy into chaos and forcing ordinary— the economy into chaos and forcing ordinary families _ the economy into chaos and forcing ordinary families to _ the economy into chaos and forcing ordinary families to pay— the economy into chaos and forcing ordinary families to pay for- the economy into chaos and forcing ordinary families to pay for their i ordinary families to pay for their incompetence _ ordinary families to pay for their incompetence. for— ordinary families to pay for their incompetence. for an— ordinary families to pay for their incompetence. for an average . ordinary families to pay for their i incompetence. for an average family this will— incompetence. for an average family this will mean — incompetence. for an average family this will mean thousands _ incompetence. for an average family this will mean thousands of - incompetence. for an average family this will mean thousands of pounds i this will mean thousands of pounds in increased — this will mean thousands of pounds in increased taxes _ this will mean thousands of pounds in increased taxes and _ this will mean thousands of pounds in increased taxes and bills - this will mean thousands of pounds in increased taxes and bills and - this will mean thousands of pounds in increased taxes and bills and yet| in increased taxes and bills and yet their local— in increased taxes and bills and yet their local services _ in increased taxes and bills and yet their local services are _ in increased taxes and bills and yet their local services are being - in increased taxes and bills and yet their local services are being cut i their local services are being cut while _ their local services are being cut while they're _ their local services are being cut while they're real— their local services are being cut while they're real terms - their local services are being cut while they're real terms pay- their local services are being cut while they're real terms pay is l while they're real terms pay is decreasing _ while they're real terms pay is decreasing-— while they're real terms pay is decreasinu. l, , , decreasing. the reality is we will all be living _ decreasing. the reality is we will all be living with _ decreasing. the reality is we will all be living with the _ decreasing. the reality is we will all be living with the disastrous i all be living with the disastrous consequences of liz truss economics at the _ consequences of liz truss economics at the time _ consequences of liz truss economics at the time to come. he has set new targets— at the time to come. he has set new targets because he is failing to meet _ targets because he is failing to meet the — targets because he is failing to meet the old ones. and his difficult choices— meet the old ones. and his difficult choices are — meet the old ones. and his difficult choices are nothing compared to many of what _ choices are nothing compared to many of what our— choices are nothing compared to many of what our constituents face. it of what our constituents face. means a of what our constituents face. it means a tough winter and a hard couple of years are coming. damian grammaticas, bbc news,

westminster. our political correspondent leila nathoo is in westminster central lobby. give us more of the headlines? i think there were two aspects we heard today, one was the statement jeremy hunt outline, but the other was the independent forecast of the economic picture from the office for budget responsibility. it is worth starting there. the backdrop to this is looking pretty bleak. we are talking about a recession, the obr confirming we are in recession by forecasting growth will come back but forecasts have that built—in uncertainty, predicting a huge fall in living standards for everybody. falls in disposable income and a hugely high tax burden compared to what has come before. that is the bleak economic picture against which jeremy hunt was delivering the statement. rememberthe jeremy hunt was delivering the statement. remember the ground he was preparing for this ahead of time, talking about horrible decisions, eye watering, painful

decisions. i think what we heard from him was some announcement that tried too soften the blow of that. he talked about increasing education spending, health spending and perhaps announcements people were not expecting that there will be new funding for schools. pensions, benefits going up in line with inflation. although there had been some hint that would be the case, actually confirmation, removing any doubt, a rise in the national living wage and a continuation of the energy bills subsidy, albeit at a lower rate. there were things the government were trying to present as positives, but there will be things that affect people, albeit not immediately. those threshold freezes will bring more people into tax and higher tax thresholds, getting effectively most people paying more tax. energy bills will go up because of the reduction in government subsidy and a big windfall tax on

energy producers. that being extended and widened. jeremy hunt was trying to present a picture of trying to actually help people in the short term, boost the economy and try to counteract some of the effects of the recession. actually try to defer some of the more difficult decisions down the line, so lots of things planned in terms of a reduced rise in departmental spending for 2024 and beyond, so taking us into next general election territory and leaving difficult decisions for whoever comes into government next and the labour party facing questions about that. i think in terms of the media picture the government was trying to present is that it was somehow rosier than had been portrayed. and a lot of the work to restore the credibility of the tory government in light of the mini budget announced by liz truss and kwasi kwarteng a few weeks ago,

that heavy lifting was done before the budget in terms ofjeremy hunt's positioning and outlining his intentions. so when it came to the day to day, he was able to deliver a few, albeit very modest surprises and perhaps try to balance some of the pain he was heavily hinting towards. . ~ the pain he was heavily hinting towards. ., ,, , ., the uk's health and social care system will receive an £8 billion package within two years, whichjeremy hunt says health chiefs have indicated will help fulfil key priorities. i'm joined now by dr layla mccay who is the director of policy at the nhs confederation. a bit ofa a bit of a spending boost, what is your reaction?— a bit of a spending boost, what is your reaction? absolutely, given the current economic _ your reaction? absolutely, given the current economic climate _ your reaction? absolutely, given the current economic climate we - your reaction? absolutely, given the current economic climate we can - current economic climate we can consider this a positive day for the nhs and everybody who uses the nhs.

what we are seeing is not a boost of the magnitude to solve all problems, but what it is is the ability to reduce the impact we have seen of inflation on those budgets and platters in a better position to start to get to grips with those waiting lists to really be delivering on everything people want the nhs to be getting on with. so where will the money go? it - the nhs to be getting on with. so where will the money go? it will i the nhs to be getting on with. so i where will the money go? it will go, for example. — where will the money go? it will go, for example, into _ where will the money go? it will go, for example, into tackling _ where will the money go? it will go, for example, into tackling those - for example, into tackling those waiting list. we note the elective waiting list. we note the elective waiting list, and the gp waiting list, mental health waiting list. people coming out of the pandemic, coming out of the years before have been waiting for their care and are quite rightly expecting it. this will enable us to plan properly. the money coming with a proper commitment to a workforce plan is really going to help now and going into the future.— into the future. what will it mean for the health _ into the future. what will it mean

for the health system? _ into the future. what will it mean for the health system? we - into the future. what will it mean for the health system? we have l into the future. what will it mean l for the health system? we have to wait to see — for the health system? we have to wait to see what _ for the health system? we have to wait to see what happens - for the health system? we have to wait to see what happens with - for the health system? we have to wait to see what happens with the | wait to see what happens with the industrial action that is being discussed at the moment. we are very hopeful they can get together and discuss this and come to a compromise. this is going to be a boost for the nhs but it doesn't come without high expectations from government. but i would say nhs leaders across the system stand ready to meet those expectations as best we can. the ready to meet those expectations as best we can-— best we can. the headline figure of £8 billion incorporates _ best we can. the headline figure of £8 billion incorporates money - best we can. the headline figure of £8 billion incorporates money for l £8 billion incorporates money for the nhs and money for social care and within the nhs people have been saying what is needed to help the nhs is helpful social care in order for people to be able to leave hospital when they don't need to be there. how integrated are the problem and what difference will this make? the problem and what difference will this make?— problem and what difference will this make? . ., , ., ,, this make? the challenges of the nhs and social care — this make? the challenges of the nhs and social care are _ this make? the challenges of the nhs and social care are deeply _ this make? the challenges of the nhs and social care are deeply entwined i and social care are deeply entwined at the moment. it is different parts

of a system. what we have is logjams in the nhs, because it is difficult to get those people out of beds when they are ready to go if they need any sort of care within the community because of the capacity problems. what we are hoping to see here is the money that will support the nhs and the money that will support social care will work together to help unblock some of those logjams and get the system moving a bit more than it has been. thank you very much. let's go to annita mcveigh in gloucester to find out what people there have been thinking about what they have heard from the chancellor. we were looking ahead earlier today to what the chancellor might say, what people want to do here and this portion of the date we are getting reaction from the autumn statement. i will get straight into some reaction with grace mortimer who is a cook and food writer from

gloucester. she posts on social media advising people of feeding their households for £10 a week. good to have you here. you have lots of followers since you started writing these posts, because clearly the cost of food has been going up and up, it is one of the biggest factors in household budgets and affects low—income households disproportionately because they spend a bigger proportion of their income on food. what is the key tips you have been giving them? i income on food. what is the key tips you have been giving them?- income on food. what is the key tips you have been giving them? i came up with a four week _ you have been giving them? i came up with a four week meal _ you have been giving them? i came up with a four week meal plan _ you have been giving them? i came up with a four week meal plan of - with a four week meal plan of recipes that will feed your family from monday to friday. for £10 a week. it is about making the basics go further, things like rice, which is so cheap and can bulk out any meal and also making it nutritionally complete as well. if also batch cooking, eating out

leftovers, the thing everybody does but trying to provide a meal plan and inspiration. irate but trying to provide a meal plan and inspiration.— but trying to provide a meal plan and inspiration. we were chatting earlier about _ and inspiration. we were chatting earlier about the _ and inspiration. we were chatting earlier about the office _ and inspiration. we were chatting earlier about the office for - and inspiration. we were chatting | earlier about the office for budget responsibility forecast. 4.3% drop in real household disposable income for 2023, in real household disposable income for2023, i in real household disposable income for 2023, i beg your pardon, 2022, 23 and a further drop the following year and they return to the living standards of last year until 2027, 28 and in response to that, you said it was bleak?— it was bleak? yes, very bleak. i think more _ it was bleak? yes, very bleak. i think more and _ it was bleak? yes, very bleak. i think more and more _ it was bleak? yes, very bleak. i think more and more families l it was bleak? yes, very bleak. i i think more and more families are going to be struggling. it's not just at the lower end, the key workers, the public sector workers, people we need and these are people choosing between heating and eating. lots of people coming to you are people who are in employment? yes. people who are in employment? yes,

absolutel . people who are in employment? yes, absolutely- l— people who are in employment? yes, absolutely. i have _ people who are in employment? yes, absolutely. i have got _ people who are in employment? use: absolutely. i have got lots of examples but i know of nurses who are finishing a ia hour shift and going home via the food banks to feed themselves and their families. i know of police officers collapsing on their shifts because they haven't eaten for three days. i know of teachers bringing in cereal bars to feed children that will not eat at school because they can't afford to bring in lunch and they are struggling at home to feed their own families. it is broken, it is awful. you had another couple of heartbreaking examples he told me about young children and babies, someone watering down baby formula and anotherfamily someone watering down baby formula and another family where the children were on a roster as to who would have dinner each evening? yes. would have dinner each evening? yes, ou aet it would have dinner each evening? yes, you get it on — would have dinner each evening? ia: you get it on monday, then you get it on tuesday, and i eat on wednesday. this is what people are

doing to get through. i heard from a lady yesterday who said that she is going to terminate her next pregnancy. she is pregnant now, but she cannot afford the baby. i mean, thatis she cannot afford the baby. i mean, that is utterly shocking. it is utterly shocking, _ that is utterly shocking. it is utterly shocking, what - that is utterly shocking. it is utterly shocking, what words would you have in response to something like that? ., , , , . like that? honestly, it is so much bi aer like that? honestly, it is so much bigger than _ like that? honestly, it is so much bigger than anything _ like that? honestly, it is so much bigger than anything i _ like that? honestly, it is so much bigger than anything i can - like that? honestly, it is so much i bigger than anything i can comment on. but it is just so sad and bigger than anything i can comment on. but it isjust so sad and i don't see a way out of it. you don't see a way — don't see a way out of it. you don't see a way out. _ don't see a way out of it. you don't see a way out, did _ don't see a way out of it. you don't see a way out, did you _ don't see a way out of it. you don't see a way out, did you hear- don't see a way out of it. you don't i see a way out, did you hear anything in the budget today, you watched it live, in the autumn statement today that made you think there is a plan here to help the people you are helping? here to help the people you are helinu ? , . here to help the people you are helina? , ., ., helping? they are committing more mone to helping? they are committing more money to the _ helping? they are committing more money to the nhs _ helping? they are committing more money to the nhs and _ helping? they are committing more money to the nhs and social - helping? they are committing more money to the nhs and social and i money to the nhs and social and health care and things like that. but i did feel there were a couple of things that were left out. one of them is the cost of childcare. i know lots of people who cannot

afford to work, but cannot afford not to work because the cost of nursery means it is not viable so they are completely trapped in this poverty cycle. again, i don't have the answer for that one. another thing the government refuses to change their mind on is the free school meals for all children. i think personally this is such an obvious thing to do, because if children are hungry they are not learning. there is no point in pushing all this money into education if people are starving and they are not concentrating. it doesn't make sense to me. i met with the local mp to try and push it again but the government will not review it and it is such a shame. grace mortimer, thank you for joining us today. joanna, grace's

assessment of the situation is, she says it is bleak. some heartbreaking stories from her about the impact the cost of living crisis is having on people, on their ability to do the fundamentals like have a proper meal each day. for the moment, back to you. thank you, i need to. let's talk about pensions because the chancellor has said he will increase state pensions in line with inflation in april and outlined the biggest ever cash increase in the state pension. i am joined by a partnerfrom lcp state pension. i am joined by a partner from lcp consultants and a former lib dems pensions minister and was in the austerity government. we will talk about what was then and what is now in comparison in a moment. but the triple—lock pensions of 10%, moment. but the triple—lock pensions of io%, what is your reaction? it was inevitable the triple—lock would be kept. rishi sunak a's was inevitable the triple—lock would be kept. rishi sunak as argument for not having an election was they

have the 2019 manifesto so it is welcome he kept it. that obviously is the state — welcome he kept it. that obviously is the state pension. _ welcome he kept it. that obviously is the state pension. private - is the state pension. private pensions right now, what is the picture? it pensions right now, what is the icture? , ., picture? it is quite a mixed picture- — picture? it is quite a mixed picture- if _ picture? it is quite a mixed picture. if you _ picture? it is quite a mixed picture. if you have - picture? it is quite a mixed picture. if you have a - picture? it is quite a mixed - picture. if you have a company pension you may get some inflationary increase next april. if you are in the public sector you will probably get the 10%. if you bought an annuity, very much these do not go up at all, so you will have a tough time next year. overall, living standards will decrease and household incomes are dropping dramatically. we heard the 0br saying the average household income will be dropping 7% over the next few years. i know you also work as a debt adviser, what is your experience on that and how people are trying to manage their budgets in these really challenging times? it is very hard for people to

juggle. energy bills are going up regularly every month. the government have announced £900 for low income households in lumps. but that usually goes out on essentials and money is tight and these lump sums help, but don't solve the problem. it sums help, but don't solve the roblem. . .. , sums help, but don't solve the roblem. ., ,, , ., , ., ., problem. it takes a bit of time to di . est problem. it takes a bit of time to digest when _ problem. it takes a bit of time to digest when we _ problem. it takes a bit of time to digest when we get _ problem. it takes a bit of time to digest when we get the - problem. it takes a bit of time to l digest when we get the statement, but what is your assessment when you look back to austerity? we spoke before about what was looming and you said you thought this would be worse than the previous austerity because of the backdrop? last time under george osborne, inflation was relatively low and mortgage rates were ultra low, so people had some slack but these come on top of high inflation and high mortgage rates, so some people are going to be triple hit next april and beyond.

going to be triple hit next april and beyond-— going to be triple hit next april and be ond. ~ ., , and beyond. where the government is kind of giving — and beyond. where the government is kind of giving with _ and beyond. where the government is kind of giving with one _ and beyond. where the government is kind of giving with one hand, - and beyond. where the government is kind of giving with one hand, it - kind of giving with one hand, it gets taken away with another because of that combination. fine gets taken away with another because of that combination.— of that combination. one of the thins we of that combination. one of the things we are — of that combination. one of the things we are getting _ of that combination. one of the things we are getting at - of that combination. one of the things we are getting at the - of that combination. one of the - things we are getting at the moment a66 pounds towards energy bills and that. in march and we have got used to that now. if you are a pensioner, you will lose that £66 and the energy price cap has gone, so literally, the pension rise disappears and energy bill rises alone, which is why household living standards are going to fall. it is interesting _ standards are going to fall. it is interesting we're _ standards are going to fall. it is interesting we're not talking about the market reaction today. this is the market reaction today. this is the chancellor wanted, notjust the impact on people at home, it is about steering the ship. it is impact on people at home, it is about steering the ship.- impact on people at home, it is about steering the ship. it is a big contrast with _ about steering the ship. it is a big contrast with september - about steering the ship. it is a big contrast with september when - about steering the ship. it is a big contrast with september when it i about steering the ship. it is a big i contrast with september when it was all about the markets and today we are barely talking about that because the trailing the treasury did has turned out to be pretty much true. what has happened today was broadly expected and so we have not seen any violent swings in the market. . .. seen any violent swings in the market. ., ,, , .,

seen any violent swings in the market. . ~' , ., , seen any violent swings in the market. ., ,, , ., , ., ,, seen any violent swings in the market. . .. , ., , . ~' , ., market. thank you very -- thank you very much — market. thank you very -- thank you very much for— market. thank you very -- thank you very much forjoining _ market. thank you very -- thank you very much forjoining us. _ sport now and a full round up from the bbc sport centre. sorry, it is not the sport, i am going back to the studio. ijust want to going back to the studio. i just want to bring you going back to the studio. ijust want to bring you some breaking news. we are getting verdicts from a very long—running case, which was looking into the downing of a passenger plane over the skies of ukraine some eight years ago and we have been told that two russians and one ukrainian have now been found guilty of shooting down that passenger plane, out of the sky, all 298 people on board were killed. the flight had departed on the 17th ofjuly, back in 201a. dutchjudges on the 17th ofjuly, back in 201a. dutch judges have been on the 17th ofjuly, back in 201a. dutchjudges have been delivering that verdict at a very high security

court. hundreds of the victims' families have come from around the world to witness the moment in court and none of the suspect actually appeared there but the evidence gathered has allowed detectives to piece together what has happened. three out of four people accused in connection with this case have now been found guilty, two russians and one ukrainian, with as i said many of the families gathered there and the sentiment we are told from our reporter on the ground is having waited for eight years for this moment, many of the families, their loved ones, nearly 300 people who died, including ten british people, were that these were the first casualties of the conflict that is still raging today. we will bring you more on that as soon as we can. we are still seeing the end of that court case play out. we can now get

the sport. good afternoon. england and wales have been settling in nicely as preperations continue for both squads at the world cup. james maddison didn't train with his england team—mates in qatar today however. the leicester midfielder is still nursing a slight injury. the remainder of the squad trained in the sweltering midday sun at their al wakrah training base. defender conor coady is relishing the prospect of the tournament whether he plays or not. coady was also asked about the controversies surrounding the hosting of the tournament in qatar, notably the country's human rights record, treatment of migrant workers and lg btq+ laws. we have got a real mature group, i think we have a group who want to reflect and help people as much as we can and i can sit here now and tell you we are coming here to win games and to try and tout —— help the country go as far as we can, but if there is anything on top of that,

we are so privileged to be in the position we are and if there is any help we can provide along the way, we will do our best to do that. the boys are here to focus on football and that is the most important thing, but like i said, we have such a mature group of players, they will do as much as they can to possibly help us well. other teams are still arriving in qatar. one of the pre tournament favourites argentina touched down overnight. here they are, with their superstar lionel messi one of the first out of the plane. the world cup is one of the few trophies missing from his pretty successful career to date. they've been preparing in abu dhabi where they beat united arab emirates in theirfinal warm up match, and that stretched their unbeaten run to 36 games. england's cricketers, who just four days ago won the t20 world cup, have been thrashed by australia, in the first of three one day internationals. they set a target of 288, helped by a century from dawid malan, but it wasn't enough to stop the hosts recording a 6 wicket victory.

our sports correspondent, andy swiss, was watching. just a few days ago they were flying a high, but for england it was back down to earth with a bump. a ripperfrom stark! a stunning start for australia's bowlers as england's t20 world cup win seemed to have left something of a hangover. a clatter of early wickets, including captainjos buttler, and they were in deep trouble. so could they recover? dawid malan did his best, giving the crowd a bit of catching practice as he smashed a century. but if his batting was good, well, how about australia's fielding? ashton agar stopping one six in outrageous fashion as england were restricted to 287. that is crazy. it didn't look quite enough and australia soon proved it wasn't, as david warner turned the run chase

into more of a stroll. defeat for england then, but after that world cup triumph, 21—year—old scrum—half jack van poortvliet will start ahead of leicester team—mate ben youngs when england face new zealand in the autumn internationals on saturday. van poortvliet, who will be making only his third international start, has had an impressive autumn campaign so far. england are facing new zealand for the first time since they beat them in the rugby world cup semifinal injapan three years ago. that's all the sport for now. you can find more on all those stories on the bbc sport website. that's bbc.co.uk/sport

i will be back later with another update. the chancellor has announced tax rises and spending cuts of around £55 billion in his new economic plans, aimed at tackling the rising cost of living. we now have more on what the announcement means. the culprit behind all of this, that soaring inflation caused mostly by much higher energy prices. this is what that is expected to do in the coming months. it is at about 11%, it will stay in double digits through the winter before dropping quite sharply over the months. we are spending so much now on bills and there is less money to be spent on everything else. we are likely to produce fewer goods and services, in other words the economy shrinks. the

official forecast, other words the economy shrinks. the officialforecast, the bit missing from kwasi kwarteng's mini budget, suggests the economy is growing by a.2% this year but is now in recession and will shrink by 1.a% next year. that means less tax rolling in from vat and income tax and the government will spend more in interest on its debt and also more on benefits as the recession takes hold and unemployment goes up. rishi sunak borrowed £318 billion to years ago to cope with the pandemic but it was manageable partly because the bank of england was buying the bonds. last year, borrowing dropped by more than half. no austerity was needed. lots more tax money coming in. this year, it is expected to rise again as we enter recession to 17 7 billion. that is before it starts to drop back again. the

urowth starts to drop back again. tie: growth expectations and starts to drop back again. ti2 growth expectations and plans do look credible. they are least ability people are looking for but you have to remember that all forward—looking forecasts as we have seen today are based on assumptions and those assumptions may be very different to reality and there is a real incentive for chancellors to be positive when making assumptions about the future. jeremy hunt has chosen the fiscal target of getting debt falling, that is a political choice, a reasonable forecast that two hit by that that target by then, he needs £55 billion of cuts. but the timing is crucial. too soon and it can make the recession deeper but less so if you tax windfall profits and the wealthy. the windfall tax on energy profits will go from 25% to 35% and there will be a a5% windfall tax on electricity generators who have also

been making big profits. he is also cutting the threshold above which you cutting the threshold above which y°u pay cutting the threshold above which you pay higher rate tax, a5p from 150,000 to 125000 and he is committed to raising pensions and working age benefits by 10.1%, these are spending measures from next april. they will also be more help with bills for benefit —— benefit recipients and pensioners and the energy price guarantee will be extended by 12 months but he has cut it back, so the average bill could rise to £3000 per year. there is not much about spending cuts there. and arguably the focus for economic growth is economic —— optimistic but jeremy hunt is hoping it will restore the fiscal credibility of the government. the office for budget responsibility has been reacting to the chancellor's autumn statement. you may remember it was the lack of

a forecast that caused all the problems when the mini budget was delivered by the then chancellor kwasi kwarteng. this is one of the graphics they have put out. it shows you what has happened to household disposable income per person since... you cannot quite see the date on there but it is from the 19aos, i think it date on there but it is from the 19a05, i think it was, at the start of that graph but basically you can see the first wreck debt, that is any 705. and any next red dip, that was the economic difficulties of the 19 705 but you can forward to where we are now and that is dramatically bigger than it has been before. that gives you a real sense of what we are talking about at the moment in terms of the state of household finances. the 0br saying that household finances will shrink by 7%

over the next few years. we can go through the details with dr gemma tetlow, who is the chief economist at the institute for government. thank at the institute for government. you forjoining us. your thank you forjoining us. what is your assessment? the thank you forjoining us. what is your assessment?— thank you forjoining us. what is your assessment? the things you 'ust said then, your assessment? the things you 'ust said then. — your assessment? the things you 'ust said then, one offi your assessment? the things you 'ust said then, one of the i your assessment? the things you 'ust said then, one of the really i said then, one of the really striking thing is from the numbers todayis striking thing is from the numbers today is just how pique the outlook is for household incomes over the next couple of years. part of that has already been hitting this year but more of a fall to come. and that is actually now happening despite the fact that in the statement today jeremy hunt announced extra giveaways to households for next year, extra support and any takeaway is and coming until a little bit later down the line. even despite those giveaways, households are facing a very tough outlook over the next couple of years, unlike anything we have seen in decades.

because obviously the... i was actually struggling to hear you at that point. because of the backdrop of inflation, it is gobbling up whatever is handed out. the really big challenge _ whatever is handed out. the really big challenge the _ whatever is handed out. the really big challenge the uk _ whatever is handed out. the really big challenge the uk is _ whatever is handed out. the really big challenge the uk is facing - whatever is handed out. the really big challenge the uk is facing is i big challenge the uk is facing is that higher global energy prices, higher inflation, are dragging on uk growth and is because making it more difficult for households to afford all the things they need to buy but thatis all the things they need to buy but that is affecting the public finances as well because it dampens tax revenues. the government is really struggling to deal with the position with the uk being permanently poorer and that her task. where and ultimately it is falling on households and there is a limit to which jeremy falling on households and there is a limit to whichjeremy hunt was able today to try and cushion some of that blow. ~ , ., ., ., ~' today to try and cushion some of that blow— today to try and cushion some of that blow. ~ , ., ., ., ~ ., ., , that blow. when you look at what is

ha enin: that blow. when you look at what is happening with _ that blow. when you look at what is happening with household - that blow. when you look at what is happening with household income, | happening with household income, what is forecast to happen with household income, and it is so much worse than it has been in times of real economic difficulty in the past, are you surprised to see that? it is very striking. we have not seen anything like this. taste it is very striking. we have not seen anything like this. we have not seen anything like this. we have not seen periods — seen anything like this. we have not seen periods of _ seen anything like this. we have not seen periods of high _ seen anything like this. we have not seen periods of high inflation - seen anything like this. we have not seen periods of high inflation like i seen periods of high inflation like this for a long time. but it is even worse than the last time we had very high inflation in the 19705. i suppose what was interesting in the announcements today compared to the policies that were announced earlier this year is that there is an increasing shift towards targeting health at lower income more vulnerable households, rather than extending very generous support to all households. we did not have for example the £a00 giveaway on energy bills, much more targeted help. thank you very much forjoining us. energy firms will be hit with an expanded windfall tax 35% —

that's up from 25%. but all people will want to know is, how will that affect them in terms of their energy bills. joining me live now is barnaby wharton, the director of future energy systems, renewableuk and from cardiff is jack wilkinson—dix who is policy manager with the energy savings trust. welcome, thank you for being with us. there is another windfall tax that will affect your business because it is a win for tax that has been applied to producers of electricity. that is going to be a5%. you are a renewable energy firm, explain why you are hit. the chancellor — firm, explain why you are hit. the chancellor is _ firm, explain why you are hit. ti2 chancellor is going to charge a 45% chancellor is going to charge a a5% levy on generation above a certain amount in terms of price for the next five years was not the chancellor rightly pointed out that we need to target growth and energy security in this budget. and yet he has gone forward with a tax that will hit investment in renewables just when we needed the most. ihis

just when we needed the most. his oint is just when we needed the most. his point is that you have been making much bigger profits because the price of energy is linked with the fossil feels and so you have had exceptional profits as a result of that. i exceptional profits as a result of that. ., �* ~' exceptional profits as a result of that. ., �* ,, ., , that. i don't think that is quite the riaht that. i don't think that is quite the right characterisation i that. i don't think that is quite the right characterisation of i that. i don't think that is quite i the right characterisation of what is happening. many editors of the companies and generators sell their power years in advance potentially and the sorts of prices they are getting on the market today actually reflect what was happening last year, so they are being hit today for profits they are not actually making. for profits they are not actually makinu. . . , , making. -- electricity companies. in terms of the — making. -- electricity companies. in terms of the impact _ making. -- electricity companies. in terms of the impact on _ making. -- electricity companies. in terms of the impact on your- terms of the impact on your business, what would it be? taste terms of the impact on your business, what would it be? we need to invest £175 — business, what would it be? we need to invest £175 million _ business, what would it be? we need to invest £175 million in _ business, what would it be? we need to invest £175 million in renewables l to invest £175 million in renewables over the next decade and this sort of tax put that investment at risk. have you been making exceptional profits? have you been making exceptional rofits? ., , ., ., , profits? no, they have not been exceptional _ profits? no, they have not been exceptional profits. _ profits? no, they have not been exceptional profits. the - profits? no, they have not been exceptional profits. the energyl exceptional profits. the energy market is incredibly complex and there are some areas where some companies i think are making money but i don't think it is the

characterisation across—the—board. and what is interesting about this tax is that it is focused purely on renewable energy generators and exempts oil and gas generation from the tax. , ., _, , ., the tax. there is of course that other windfall _ the tax. there is of course that other windfall tax _ the tax. there is of course that other windfall tax which - the tax. there is of course that other windfall tax which is i the tax. there is of course thatl other windfall tax which is going the tax. there is of course that i other windfall tax which is going to be implemented on the other producers and their profits. affects the extraction of oil and gas. it does not affect the electricity generated by companies. thank you very much. we are nowjoined by an expert on energy efficiency and low carbon solutions. thank you forjoining us. what is your reaction to what you have heard today? taste your reaction to what you have heard toda ? ~ ., , , , today? we have been spending time lookin: today? we have been spending time looking through _ today? we have been spending time looking through the _ today? we have been spending time looking through the complexity i today? we have been spending time looking through the complexity of. looking through the complexity of the statement and the documents that came alongside it. i think there are

some welcome ambitions, around energy security and efficiency. what we are missing is detailed around delivery and we are also quite concerned that the money that has been talked about won't come in until after the next election in 2025. but we need to be investing now in energy efficiency to deal with the cost of living crisis and the climate crisis. i with the cost of living crisis and the climate crisis.— with the cost of living crisis and the climate crisis. i am having some real difficulty _ the climate crisis. i am having some real difficulty hearing _ the climate crisis. i am having some real difficulty hearing you. _ the climate crisis. i am having some real difficulty hearing you. i - the climate crisis. i am having some real difficulty hearing you. i think i real difficulty hearing you. i think we will have to leave it but thank you very much forjoining us. my colleague annita mcveigh in is gloucester to find out what people in the city are wanting to hear from the chancellor. i don't think anita is there. we are in westminster on the daily chancellor has delivered the autumn statement. and he announced those

spending cuts and tax increases. we can now head to gloucester. we are ready, very much, to talk to you from gloucester. welcome back. we have been trying to reflect the reaction of people from different sectors throughout the day to the budget and we are going to talk a little bit now about the care sector and we heard in the autumn statement jeremy hunt say that there will be an additional grant funding of1 an additional grant funding of 1 billion an additional grant funding of1 billion next year and 1.7 billion the year after that. he said that would deliver extra care packages. i am joined by would deliver extra care packages. i amjoined by sarah would deliver extra care packages. i am joined by sarah cooper and john knowles. thank you both very much for your time this afternoon. tell us a little bit about broomfield care. you deal with some nhs clients and also people pay you privately for care. , , ., 2 ., .,

for care. yes, they do. we have a mix of privately _ for care. yes, they do. we have a mix of privately funded _ for care. yes, they do. we have a mix of privately funded service i mix of privately funded service users and also funded by local authorities and we support them to live independently in their own homes to reach their goals and to just enjoy that part of their life. and what have you challenges been for you as the cost of living crisis has squeezed tighter and tighter? t has squeezed tighter and tighter? i think for me and for us, it is about the fact that we have to look after our employees and the way that —— and people that make us what we are and people that make us what we are and the people we are looking after, they have different needs and i want them to have the heating on and i want them to be ok and our staff able to forward to live and enjoy coming to work. if able to forward to live and en'oy coming to work.i able to forward to live and en'oy coming to work. if people cannot afford to heat _ coming to work. if people cannot afford to heat their _ coming to work. if people cannot afford to heat their own - coming to work. if people cannot afford to heat their own homes l coming to work. if people cannot| afford to heat their own homes or eat as well as they ought to, that can lead to further problems down the line, health problems. yes. the line, health problems. yes, massively- _ the line, health problems. yes, massively- lt — the line, health problems. yes, massively. it is _ the line, health problems. yes, massively. it is finding - the line, health problems. yes, massively. it is finding the i the line, health problems. i2: massively. it is finding the balance really, making sure that people we

look after can still afford care because i don't want to price anyone out of care but also making sure the staff get the value pay rises that they deserve for working so hard. tell is about your situation. my mother has a receiving care for the last seven — mother has a receiving care for the last seven years now. the requirement for care has gradually gone _ requirement for care has gradually gone up _ requirement for care has gradually gone up. she is having three visits a day— gone up. she is having three visits a day now — gone up. she is having three visits a day now. and naturally the cost of that has _ a day now. and naturally the cost of that has gone up over time as well. both because of inflation and because _ both because of inflation and because of the number of care visits increasing — because of the number of care visits increasing. find because of the number of care visits increasinu. �* , because of the number of care visits increasinu. . , ., , ., ., increasing. and she has grown older, so she is funding _ increasing. and she has grown older, so she is funding that _ increasing. and she has grown older, so she is funding that privately - so she is funding that privately from her savings? the so she is funding that privately from her savings? so she is funding that privately from her savinus? 2, 2, from her savings? the government do rovide from her savings? the government do provide funding _ from her savings? the government do provide funding in _ from her savings? the government do provide funding in terms _ from her savings? the government do provide funding in terms of— from her savings? the government do provide funding in terms of things i provide funding in terms of things like attendance allowance and also things _ like attendance allowance and also things like the winter allowances and so _ things like the winter allowances and so on — things like the winter allowances and so on. and obviously the state pension— and so on. and obviously the state pension but— and so on. and obviously the state pension but the rest of it is from savings — pension but the rest of it is from savings and a private pension that she got— savings and a private pension that she got from her husband. she is

widowed — she got from her husband. she is widowed. 2, , she got from her husband. she is widowed. . , , she got from her husband. she is widowed. 2, , , ., she got from her husband. she is widowed. . , , ., . widowed. clearly there is a concern civen widowed. clearly there is a concern given inflation _ widowed. clearly there is a concern given inflation about _ widowed. clearly there is a concern given inflation about how— widowed. clearly there is a concern given inflation about how far - widowed. clearly there is a concern given inflation about how far that i given inflation about how far that money goes and how far that money stretches? , 2 money goes and how far that money stretches? , . ., , , ,., , stretches? pretty much as everybody knows, stretches? pretty much as everybody knows. everything — stretches? pretty much as everybody knows, everything has _ stretches? pretty much as everybody knows, everything has gone - stretches? pretty much as everybody knows, everything has gone up i stretches? pretty much as everybody knows, everything has gone up this i knows, everything has gone up this yeari _ knows, everything has gone up this year, energy is a big challenge, older— year, energy is a big challenge, older people feel the cold more than younger— older people feel the cold more than younger people, but all the bills have _ younger people, but all the bills have gone up, it is a challenge. and i have gone up, it is a challenge. and i guess— have gone up, it is a challenge. and i guess one — have gone up, it is a challenge. and i guess one of the things we worry about— i guess one of the things we worry about is— i guess one of the things we worry about is you don't know how long the provision _ about is you don't know how long the provision of _ about is you don't know how long the provision of care is needed for. you don't _ provision of care is needed for. you don't know— provision of care is needed for. you don't know how long people are going to need _ don't know how long people are going to need it _ don't know how long people are going to need it and you don't know how much _ to need it and you don't know how much they— to need it and you don't know how much they are going to need. it has gone _ much they are going to need. it has gone up _ much they are going to need. it has gone up and — much they are going to need. it has gone up and i expect it will go up in the _ gone up and i expect it will go up in the future and there is only a sort _ in the future and there is only a sort of— in the future and there is only a sort of single pot of money at the end of— sort of single pot of money at the end of the — sort of single pot of money at the end of the day, so we need to be concerned — end of the day, so we need to be concerned about how long that will last for _ concerned about how long that will last for l _ concerned about how long that will last for. 2, concerned about how long that will last for. ., ., last for. i mentioned what the chancellor _ last for. i mentioned what the chancellor had _ last for. i mentioned what the chancellor had said _ last for. i mentioned what the chancellor had said in - last for. i mentioned what the chancellor had said in the i last for. i mentioned what the i chancellor had said in the autumn statement about the additional grant funding over the next couple of years, an extra 200,000 care packages. what is your broad reaction to his statement today? is

there much in that that you think is positive, or is your reaction leaning towards the negative? tia. positive, or is your reaction leaning towards the negative? no, i do t leaning towards the negative? no, i dot to leaning towards the negative? no, i do try to look _ leaning towards the negative? no, i do try to look to _ leaning towards the negative? no, i do try to look to the _ leaning towards the negative? no, i do try to look to the positive - do try to look to the positive because we have to do that. it is an increase. if what he says is correct then that is a massive, massively positive thing for our industry. i am interested to see how it pans out on a local authority level because the cost of caring gloucester is very different from the cost of caring london. it is very different to the cost of care in manchester. i would be really interested to see how it affects different local authorities really. find how it affects different local authorities really.— how it affects different local authorities really. how it affects different local authorities reall. �* 2, ., authorities really. and how that pot of money is — authorities really. and how that pot of money is shared _ authorities really. and how that pot of money is shared out, _ authorities really. and how that pot of money is shared out, how- authorities really. and how that pot of money is shared out, how far i authorities really. and how that pot of money is shared out, how far it i of money is shared out, how far it goes. and your reaction, john to the autumn statement? t goes. and your reaction, john to the autumn statement?— autumn statement? i 'ust think it is an enormously h autumn statement? ijust think it is an enormously difficult _ autumn statement? ijust think it is an enormously difficult task - autumn statement? ijust think it is an enormously difficult task for i an enormously difficult task for them _ an enormously difficult task for them to— an enormously difficult task for them to balance the books and it is a terrible _ them to balance the books and it is a terrible dilemma for them. my aunt

was really— a terrible dilemma for them. my aunt was really lucky in that she and her husband _ was really lucky in that she and her husband were prudent and had savings — husband were prudent and had savings. but that is not true for everyone — savings. but that is not true for everyone-— savings. but that is not true for eve one. . ., y., everyone. and not everyone can afford to make _ everyone. and not everyone can afford to make savings. - everyone. and not everyone can afford to make savings. that i everyone. and not everyone can afford to make savings. that is| afford to make savings. that is absolutely _ afford to make savings. that is absolutely true _ afford to make savings. that is absolutely true for _ afford to make savings. that is absolutely true for she - afford to make savings. that is absolutely true for she is i afford to make savings. that is absolutely true for she is a i afford to make savings. that is| absolutely true for she is a little bit insulated from some of it but there _ bit insulated from some of it but there is— bit insulated from some of it but there is still a big challenge. john and sarah. _ there is still a big challenge. john and sarah, thank _ there is still a big challenge. jif7't�*i and sarah, thank you very much there is still a big challenge. jrrriri and sarah, thank you very much for talking to me today and giving your thoughts on the autumn statement. john knowles and sarah cooperfrom broomfield care. we are continuing our coverage from gloucester throughout the afternoon and getting more reaction. we will be talking to local business owners, asking them what they make of this autumn statement, what is in it for them, we will be getting answers to your questions as well with a panel of experts and talking to the owner of an energy company. lots more to come from gloucester. right now, let's take a look at the weather forecast. hello.

further rain in the forecast over the next few days. we have just entered a spell of very unsettled weather and that is how it is going to continue really well into next week, but some will get more rain than others. in fact, today, across some south—western parts of the country, the weather is not too bad. that is because we are further away from this area of low pressure which will basically hang around more northern and eastern areas. you can see through the afternoon, the darker blues, even some lime greens, indicate the heavier rainfall here and that wind is blowing off the north sea so it feels particularly chilly along the coast itself, even though the temperatures are about average for the time of year. you can see some brighter weather there, southern england, wales, also northern ireland. one area that will get some very heavy rain over the next 2a hours, that is eastern parts of scotland and it has prompted the met office to issue an amber warning. it is particularly around aberdeenshire and more mountainous regions. we could see around 100, perhaps even 150 millimetres of rain, so certainly some flooding possible

around this part of scotland. you can see the rain does not even necessarily have to be all that heavy. it just keeps falling in the same place nonstop, so that particularly wet area of weather here. elsewhere across the country tomorrow, actually, the weather is not looking too bad at all, particularly around south—western areas and also parts of northern ireland. some sunshine there for sure. the forecast for friday evening, if you are out, stays dry in south—western areas, whereas further north that rain does slowly peter out from eastern parts of scotland. the forecast then and the weather maps for the weekend. that low pressure weather front eventually rains itself out, but the next one sweeps in, pushed by a strong jet stream, so saturday in the morning could be a little bit of cloud and rain in the east, but generally speaking through the morning and into the afternoon, we think at this stage a lot of bright weather, certainly this central swathe of the uk, but out towards the west, the next weather front is looming

and that means rain reaching northern ireland at least in the afternoon. let's have a look at sunday, that weatherfront will have swept across the uk during the night and into sunday, we have quite brisk winds off the atlantic, frequent showers, so a real mixed bag for sunday.

this is bbc news i'mjoanna gosling at westminster. £55 billion of tax rises and spending cuts announced in the autumn statement — but the chancellor says he's asking more from those who have more. our plan also leads to a shallower downturn, lower energy bills, higher growth and a stronger nhs and education system. spending on public services to rise more slowly than planned. labour says people are not better off after today's annoucements, growth, dismal. investment, down. wages squeezed, public services crumbling. and what does the chancellor have to offer today? more of the same.

what will the impact of the autumn statement be on the real economy? i am annita mcveigh in gloucester to bring you lots of reaction. i'm geeta guru—murthy — the other headlines this hour. three suspects accused of mass murder over the downing of a malaysia airlines plane in 201a have been found guilty by a court in the netherlands. a fourth was acquitted. in ukraine, the bodies of more than 60 people, with signs of torture, have been found in the newly liberated regions of kherson. good afternoon and welcome back to westminster. i'm here in westminster and my colleague annita mcveigh is in gloucester and between us

we'll be crunching the numbers and bringing you lots of analysis about what the changes mean for you. it is interesting, getting a very mixed reaction in the city of gloucester from what we have heard from the chancellor. i am in gloucester docks, a part of the city that has seen a huge amount of regeneration over the last 20 years. just behind me is a retail outlet with high street and designer stores. when i spoke to the asset director earlier today, he was saying that actually the businesses in there have been doing reasonably well. but that is because they do offer heavy discounts. so people, when they are choosing to spend their money are looking for the big discounts, obviously. as well as that, he said he was very aware that other parts of the city are suffering. i also spoke recently to

people from the care sector. they were feeling optimistic about the extra spending the chancellor has announced over the next couple of years but they wait to see exactly how far the money is going to go because care costs in gloucester are different to other parts of the uk. from a food writer i spoke to who talks to people about how to feed their families for £10 a week. she was feeling very bleak, she has been hearing some heartbreaking stories from people about how the cost of living crisis is having an impact, from people having a roster to give different children in the family dinner on each day of the week. one child gets dinner on the monday, another gets it on tuesday and someone else watering down their baby's formula because they cannot afford to give them the full

complement of formula. some of the stories she was hearing and very bleak after the autumn statement. we will be getting more from local businesses and i will be answering your questions and putting those to a panel of experts. for the moment, back to you, joanna. thank you, i need to. lots more reaction to what has been announced byjeremy hunt a bit later. but let's talk about the politics of it and what he said. welljeremy hunt stood up at 11:30, as expected, and spoke for nearly an hour, delivering his much anticipated autumn statement, and unveiling a host of measures — many of them widely expected. the chancellor confirmed the uk is in recession but insisted his economic plan will rebuild the economy and reduce public debt. there'll be a freeze in income tax thresholds — meaning millions will pay more tax as their wages rises.

and the point at which the highest tax earners start paying the top rate of tax, has been lowered, to households will pay more in energy bills from april — with typical bill rising from £2,500 to £3,000 as the government reduces the amount of support it gives. the state pension, benefits and tax credits will rise by over 10% — that's in line with inflation. health, education and defence budgets will be maintained — but other departments are likely to squeezed. capital spending will be frozen — but not for a couple of yet, or after the next general election. and bad news if you own an electric car. up till now, you've had that tax free. from april 2025, you'll be liable to excise duty. labour's rachel reeves accused the conservative's of "picking the pockets and purses and wallets

of the entire country". those are some of the main headlines and there's plenty more besides. throughtout the afternoon we'll be unpicking the detail with our correspondents and experts. our first report is from our political correspondent damian grammaticus. after the last tory budget brought chaos, what's in that little blue book is meant to stabilise things. the photos released by his team are meant to be reassuring. this is a chancellor who needs to win back trust in the financial market and in his own party's ability to manage the economy. is austerity coming back? the cabinet know that, and it must all be done in the face of soaring inflation, looming recession, stretched government budgets. who's responsible for this mess, mr hunt? high inflation is the enemy of stability.

it means higher mortgage rates, more expensive food and fuel bills, businesses failing and unemployment rising. it erodes savings, causes industrial unrest and cuts funding for public services. it hurts the poorest the most and eats away at the trust upon which a strong society is built. so he said just over half the measures he's planning will be tax increases. every earner will be affected, the thresholds at which tax is paid frozen for five years, but he highlighted that unlike liz truss's budget, taxes are not being cut for the richest. asking more from those who have more means that the first difficult decision i take on tax is to reduce the threshold at which the a5p rate becomes payable from £150,000 to £125,1a0. those earning £150,000 or more will payjust over £1,200 more in tax every year. and something called for by the opposition — there will be more windfall taxes

on energy firms. i've decided that from january 15t until march 28th, we will increase the energy profits levy from 25% to 35%. the structure of our energy market also creates windfall profits for low carbon electricity generation, so from january 15t, we've decided to introduce a new temporary a5% levy on electricity generators. together, these measures raise £1a billion next year. the other half of his plan is for spending restraint — discipline and efficiency, he called it. but there will be more than £2 billion a year put into schools and money for the nhs too. i will increase the nhs budget in each of the next two years by £3.3 billion. the chief executive of the nhs, amanda pritchard, has said that this should provide sufficient funding for the nhs to fulfil its key priorities. she said it shows the government

is serious about its commitment to prioritise our nhs. 3.3 billion for the nhs. £a.7 billion for social care, a record £8 billion package for our health and care system. that is a conservative government putting the nhs first. mr hunt said pensions and benefits will go up in line with inflation, so he said this was a plan to help protect the vulnerable and return to growth. labour's shadow chancellor rachel reeves wasn't impressed. all the country got today was an invoice for the economic carnage that this government has created. never again can the conservatives be seen as the party of economic competence. the combination of tax rises and a hit from inflation means people will face real falls in their disposable income. in the last hour, the conservatives

have picked the pockets or purses and wallets of the entire country as the chancellor has deployed a raft of stealth taxes, taking billions of pounds from ordinary working people, a conservative double whammy that sees frozen tax thresholds and double—digit inflation erode the real value of people's wages. it all means a tough winter and a hard couple people face a real squeeze. this conservative _ people face a real squeeze. ti 3 conservative government has plunge the economy into chaos and now they are forcing ordinary families to pay for their incompetence. for an average family this will mean thousands of pounds in increased taxes and bills and yet the local services are being cut while they're real terms pay is decreasing. the reali is real terms pay is decreasing. the reality is we're — real terms pay is decreasing. the reality is we're all living with the disastrous— reality is we're all living with the disastrous consequences of liz truss

economics _ disastrous consequences of liz truss economics for time to come. he has put new— economics for time to come. he has put new targets he is failing to meet — put new targets he is failing to meet the — put new targets he is failing to meet the old one. and it is difficult _ meet the old one. and it is difficult choices are compared to nothing — difficult choices are compared to nothing compared with what our constituents have to face. it all means a tough winter and a hard couple of years are coming. damian grammaticas, bbc news, westminster. our economics correspondent andy verity has been looking at the details of the chancellor's announcements, and has more on what it means. the culprit behind of this, soaring inflation caused mostly by much higher energy prices. this is what it expected to do in the coming months. at its peak now, above 11% and it will stay in double digits over the winter before dropping sharply in six months. we are spending so much on bills there is less money to be spent on everything else, so we are likely to produce fewer goods and services. in other words, the economy shrinks. the

official forecast from the 0br suggests the economy is growing by a.2% this year but it is now in recession and will shrink by 1.a% next year. that means less tax rolling in from vat and income tax and the government will spend more in interest on its debt because interest rates are rising and more on benefits as the recession takes hold and unemployment goes up. it is worth remembering that rishi sunak borrowed £318 billion two years ago to cope with the pandemic. but it was manageable, partly because the bank of england were buying the bonds government issues when it borrows money. government borrowing half, no more austerity needed and the economy bounced back. this year it is expected to rise again as we enter recession to 177 billion before it starts to drop back again.

the growth expectations and borrowing plans do look credible. they— borrowing plans do look credible. they are — borrowing plans do look credible. they are the stability people are looking — they are the stability people are looking for, but all forward looking forecasts, — looking for, but all forward looking forecasts, as we have seen today are based _ forecasts, as we have seen today are based on _ forecasts, as we have seen today are based on assumptions. those assumptions may be very different from reality. there is a real incentive _ from reality. there is a real incentive for chancellors to be positive — incentive for chancellors to be positive when making their assumptions about the future. jeremy hunt's chosen — assumptions about the future. jeremy hunt's chosen a _ assumptions about the future. jeremy hunt's chosen a fiscal _ assumptions about the future. jeremy hunt's chosen a fiscal target - assumptions about the future. jeremy hunt's chosen a fiscal target on - hunt's chosen a fiscal target on reasonable forecast about growth in interest rates and you hit the target by then he needs £55 billion of spending cuts or tax rises but the timing is crucial. if you raise taxes or cut spending too soon it can make the recession deeper, but less so if you tax a windfall profits and the wealthy. the windfall tax on energy company profits will go up from 25% to 35% and there will be a a5% windfall tax

on electricity generators, who have been making big profits. he is cutting the threshold above which you cutting the threshold above which 70“ pay cutting the threshold above which you pay higher rate tax, a5p from 150,000 to 125,000. he is committed to raise pensions and working age benefits by 10.1%, spending measures from next april. there will be more help with bills for benefit recipients and pensioners and the energy price guarantee will be extended by 12 months. but the average bill could rise from £2500 up average bill could rise from £2500 up to £3000 a year. not much about spending cuts and arguably the forecast for economic growth are optimistic, butjeremy hunt is clearly hoping it will restore the government's fiscal credibility. my colleague annita mcveigh in is gloucester to find out what people in the city are wanting to hear from the chancellor.

continuing to get reaction from real people beyond the westminster bubble, asking them what they think of what the chancellor has announced. joining me at two local business owners. i have ryan, the head stylist at head candyjust over my shoulder here. and also anneliese, studio fit gloucester is her business. you took over running this business, starting your own business at the beginning of last year, correct? business at the beginning of last year. correct?— business at the beginning of last year, correct? yes. a tough time to no on year, correct? yes. a tough time to go on your— year, correct? yes. a tough time to go on your own. — year, correct? i2; a tough time to go on your own, why did you make that tough decision? it go on your own, why did you make that tough decision?— that tough decision? it was a seven-year-old _ that tough decision? it was a seven-year-old dream - that tough decision? it was a seven-year-old dream of- that tough decision? it was a l seven-year-old dream of mine that tough decision? it was a - seven-year-old dream of mine and seven—year—old dream of mine and when the opportunity came up i couldn't believe it. obviously, it was sold for an affordable price. when i made the deal i didn't realise we were going to go into a

three month lockdown where the business was shut for three months, so that was quite tough. it was my dream and it came true. you followed our dream and it came true. you followed your dream? — dream and it came true. you followed your dream? l — dream and it came true. you followed your dream? i did. _ dream and it came true. you followed your dream? i did. we _ dream and it came true. you followed your dream? i did. we will— dream and it came true. you followed your dream? i did. we will come i dream and it came true. you followed your dream? i did. we will come back to ou in your dream? i did. we will come back to you in a — your dream? i did. we will come back to you in a moment _ your dream? i did. we will come back to you in a moment to _ your dream? i c c we will come back to you in a moment to find out how it is going, but ryan, hairdressing is one of those areas where people will cut back a bit when financial times are tough? i was with my own hairdresser recently and he was telling me people were coming and less frequently. taste telling me people were coming and less frequently.— telling me people were coming and less frequently. we have got to the oint less frequently. we have got to the point where — less frequently. we have got to the point where they _ less frequently. we have got to the point where they are _ less frequently. we have got to the point where they are stretching i point where they are stretching appointments out a little bit. bigfoot — appointments out a little bit. bigfoot full for christmas, so looking — bigfoot full for christmas, so looking forward to that. christmas, eo - le will looking forward to that. christmas, people will stretch _ looking forward to that. christmas, people will stretch the _ looking forward to that. christmas, people will stretch the finances i looking forward to that. christmas, people will stretch the finances for| people will stretch the finances for the pre—christmas appointment. looking ahead into the new year, are you concerned it could be a lean

period? you concerned it could be a lean eriod? 2. 2. , you concerned it could be a lean eriod? . ., , , you concerned it could be a lean eriod? . . , , period? january is quieter, so i imaaine period? january is quieter, so i imagine with — period? january is quieter, so i imagine with everything - period? january is quieter, so i i imagine with everything happening period? january is quieter, so i - imagine with everything happening at the moment i imagine there will be less footfall. they're trying to stay _ less footfall. they're trying to stay positive at the moment. let�*s stay positive at the moment. let's aet our stay positive at the moment. let's get your reaction _ stay positive at the moment. let's get your reaction to _ stay positive at the moment. let's get your reaction to what - stay positive at the moment. l2t�*s get your reaction to what the chancellor has been talking about, the national living wage is up and that may have an impact on your employees. know income tax thresholds are being frozen or reduced in some cases, which means more people will pay more tax, what impact will that have a new, we will come onto energy bills in a moment, anneliese? the come onto energy bills in a moment, anneliese? . ., , ., . , anneliese? the increase of costs across the _ anneliese? the increase of costs across the board _ anneliese? the increase of costs across the board is _ anneliese? the increase of costs across the board is obviously i anneliese? the increase of costs l across the board is obviously really difficult for small, local businesses. we want to pay people that work with us and for us more, but it is finding the money from somewhere. that is really tough, i think. all the increases and i have noticed recently, especially with cleaning products, which we use a

lot of because we have to make sure everything is disinfected and clean for our clients. the increases in that alone has gone up massively. we never used to take delivery charge if he ordered over a certain amount, suddenly we are. there are a lot of expenses to look at and i am a positive person, i like to look at good things, and i will keep battling and come up with alternative ideas and getting created to keep my clients coming. i think the fitness industry is really important for mental health. absolutely, notjust physical health, but mental health as well. ryan, if you have to pay your staff more it is tricky in the current climate and perhaps pass on the increase to some extent to your customers?— increase to some extent to your customers? ., ., �* ., ., ,, ., customers? you don't want to pass on too much where — customers? you don't want to pass on too much where you _ customers? you don't want to pass on too much where you end _ customers? you don't want to pass on too much where you end up _ customers? you don't want to pass on too much where you end up charging i too much where you end up charging more _ too much where you end up charging more than _ too much where you end up charging more than what the customers want to be paying _ more than what the customers want to be paying. you more than what the customers want to be -a inc. 2, 22, more than what the customers want to be - inc. 2, more than what the customers want to be-uain. ., . , be paying. you could lose customers potentially? — be paying. you could lose customers potentially? yes, _ be paying. you could lose customers potentially? yes, we _ be paying. you could lose customers potentially? yes, we have _ be paying. you could lose customers potentially? yes, we have worked i potentially? yes, we have worked

more hours _ potentially? yes, we have worked more hours and _ potentially? yes, we have worked more hours and put _ potentially? yes, we have worked more hours and put more - potentially? yes, we have worked more hours and put more time i potentially? yes, we have worked more hours and put more time in | potentially? yes, we have worked i more hours and put more time in and if we _ more hours and put more time in and if we put _ more hours and put more time in and if we put more hours in, it seems to balance _ if we put more hours in, it seems to balance a _ if we put more hours in, it seems to balance a lot — if we put more hours in, it seems to balance a lot better. in if we put more hours in, it seems to balance a lot better.— balance a lot better. in terms of ener: balance a lot better. in terms of energy bills. — balance a lot better. in terms of energy bills. we _ balance a lot better. in terms of energy bills, we have _ balance a lot better. in terms of energy bills, we have been i balance a lot better. in terms of energy bills, we have been told| balance a lot better. in terms of. energy bills, we have been told to households energy support will continue but it will be a bit less generous. but there was talk about vulnerable business being offered support from next april. but there isn't exactly a definition of what a vulnerable business is yet. when it comes to planning, you don't know whether you can factor in any additional support for your energy costs, anneliese? haw additional support for your energy costs, anneliese?— additional support for your energy costs, anneliese? how can we know what that means? _ costs, anneliese? how can we know what that means? who _ costs, anneliese? how can we know what that means? who is _ costs, anneliese? how can we know. what that means? who is vulnerable? i think all vulnerable. especially small, local businesses. i would i think all vulnerable. especially small, local businesses. iwould be interested to know more about that. it is tough, you are losing customers who cannot afford to come to you any more. where are you going to you any more. where are you going to find the money? you don't want to pass it on to customers because then you will lose even more customers. it will be interesting to know. exactly what ryan was saying. it is

interesting to compare the business, you have any business and you have been here for 16 years. you were here before the retail outlet was built and when that happened, there must have been a boost in trade, more footfall in the area and that should naturally lead to a boost in trade. if you compared then to now, how does it feel to be running a business? i how does it feel to be running a business?— business? i have a very good clientele _ business? i have a very good clientele who _ business? i have a very good clientele who are _ business? i have a very good clientele who are very - business? i have a very good clientele who are very loyal l business? i have a very good i clientele who are very loyal and have _ clientele who are very loyal and have been— clientele who are very loyal and have been with me for a long period of time _ have been with me for a long period of time we — have been with me for a long period of time. we can rely on that as our initial_ of time. we can rely on that as our initial base — of time. we can rely on that as our initial base to keep the business going _ initial base to keep the business going on— initial base to keep the business going on there more footfall and people _ going on there more footfall and people coming in over a period of time _ people coming in over a period of time boost — people coming in over a period of time boost the business. but there is a rise _ time boost the business. but there is a rise and — time boost the business. but there is a rise and full depending on what is a rise and full depending on what is happening outside the salon, i have _ is happening outside the salon, i have found. is happening outside the salon, i have found-— is happening outside the salon, i have found. ~ ., ., , ., , ., have found. what are you trying to do to keep — have found. what are you trying to do to keep peeple _ have found. what are you trying to do to keep people coming - have found. what are you trying to do to keep people coming in - have found. what are you trying to do to keep people coming in or - have found. what are you trying to l do to keep people coming in or bring new people in? are you looking at promotions, ways of encouraging people through the door? we promotions, ways of encouraging people through the door?- promotions, ways of encouraging people through the door? we do do that, it people through the door? we do do that. it does _ people through the door? we do do that, it does work _ people through the door? we do do that, it does work like _ people through the door? we do do that, it does work like that -

that, it does work like that sometimes, but we are advertising through— sometimes, but we are advertising through social media. it is working quite _ through social media. it is working quite well— through social media. it is working quite well like that.— through social media. it is working quite well like that. anneliese, you started your _ quite well like that. anneliese, you started your business _ quite well like that. anneliese, you started your business as _ quite well like that. anneliese, you started your business as you - quite well like that. anneliese, you started your business as you told i quite well like that. anneliese, you | started your business as you told us earlier, you followed your dream and he will do what it takes to keep the dream alive. the forecast from the 0br looks fairly bleak in terms of the drop in real wages and real income. what do you think you can do to keep your gym going as a viable concern? it to keep your gym going as a viable concern? , ~ , , .,, to keep your gym going as a viable concern? w , , ., , _ concern? it is keeping people happy, which i am quite _ concern? it is keeping people happy, which i am quite good _ concern? it is keeping people happy, which i am quite good at. _ concern? it is keeping people happy, which i am quite good at. it - concern? it is keeping people happy, which i am quite good at. it is - which i am quite good at. it is making a difference and reminding people during this difficult time, a lot of people's mental health is struggling due to the pandemic, coming out of the pandemic that is a huge increase in mental health issues. depression is up and exercise is one of those things that can really help with that. with the financial crisis, people will be

thinking of cancelling their subscriptions. it is reminding them that health is so important, mental health and physical.— that health is so important, mental health and physical. looking good is im ortant health and physical. looking good is important also- _ important also. laughter. both very important, absolutely. thank you both are talking to me today and sounding pretty optimistic that you will do what it takes to get through this, despite the tough times. . ~' , ., , . get through this, despite the tough times-_ let'si get through this, despite the tough l times-_ let's go times. thank you very much. let's go now to my colleague _ times. thank you very much. let's go now to my colleague who _ times. thank you very much. let's go now to my colleague who is _ times. thank you very much. let's go now to my colleague who is just - times. thank you very much. let's go now to my colleague who isjust a - now to my colleague who is just a little bit away from where we are elsewhere in gloucester at the indoor market. yes, this is the eastgate indoor market in the heart of the city centre and we have been getting reaction to the budget from business owners, shoppers and stallholders about what they were hoping for and

what they made of the budget. we can speak to andy wilson who runs a community cafe, a pay as you can cafe. i know you were particularly interested in the energy announcements early, what did you make of them? i announcements early, what did you make of them?— make of them? i think the thing we were particularly — make of them? i think the thing we were particularly looking _ make of them? i think the thing we were particularly looking for - make of them? i think the thing we were particularly looking for around energy was, you have to set how much energy was, you have to set how much energy you are going to use. as a cafe, social enterprise cafe as we are, the building we use, we set the amount of electric we would use and obviously the more we are open the more electric we will use. what i was hoping for was maybe some of the green levy extra tax on top of what you say you were going to use and then the 20% tax on top of that, they would be a bit of a rebate. but nothing mentioned about that whatsoever this morning. you are 0 en four whatsoever this morning. you are open four days — whatsoever this morning. you are open four days a _ whatsoever this morning. you are open four days a week, _ whatsoever this morning. you are open four days a week, more - whatsoever this morning. you are i open four days a week, more people coming through your doors and does that mean you are having to pay more in terms of the meals you are making

and generally balancing your books? yes, there is working out to do in terms of what we can do in terms of meals. the heart behind it, we want people to get good, nutritional food and we get all our food from local producers. we feed back into the local economy. we have to work out what it is we will have to make to feed people and pay the electric and pay emma, who cooks all the stuff as well. there is bits of working out that needs to be done but very little seemed to be given toward social enterprise and that kind of element within the working society. you are serving a really important community a few minutes away from where we are, you are seeing that service he go in?— service he go in? yes, we are in a lace service he go in? yes, we are in a place called _ service he go in? yes, we are in a place called maxim. _ service he go in? yes, we are in a place called maxim. it _ service he go in? yes, we are in a place called maxim. it has - service he go in? yes, we are in a place called maxim. it has some i place called maxim. it has some great people but there are people, like lots of parts of the country,

struggling to pay bills, struggling to work out finances, struggling to work out what they are going to eat. so the idea of being able to provide a space where we can have it warm for people to come into and provide good, nutritionalfood for for people to come into and provide good, nutritional food for them to eat and eat together. try and break some of the isolation and loneliness that exists in our society. it does exist, it really is a big issue. it is a big thing for us. i think the key behind this, is bringing dignity back to people. this morning, there wasn't much around dignity for people and if i listen to the money going for the nhs or the money going for education, all of that is great, but no specific surround actually what many could go towards mental health. there is massive waiting lists both for adults and young people in terms of mental health. if we are not helping that out, we are

not bringing dignity and worth and value into lives. tell not bringing dignity and worth and value into lives.— not bringing dignity and worth and value into lives. tell us about your own personal _ value into lives. tell us about your own personal circumstances, - value into lives. tell us about your own personal circumstances, you i value into lives. tell us about your i own personal circumstances, you are blind and you have fallen on the local support in your community? yes, i am totally blind and i have to rely on buses to get around. i do use taxis, but taxi prices have gone up use taxis, but taxi prices have gone up because fuel prices have gone up over previous months. they have started to come back down a little bit. so i have to work out what i can afford to do. being blind, i am not allowed to drive! there are things i have had to sit and work out in terms of what i am able to do, how i am able to get about. i have a great wife, great family, good friends and there are things i am able to do. but i am aware i am able to think that through a little bit at times. able to think that through a little bit at timeo— able to think that through a little bit at times. ., ~ , ., , . bit at times. thank you very much. lots of government _ bit at times. thank you very much. | lots of government announcements bit at times. thank you very much. - lots of government announcements to dad yesterday but the general feeling is people in gloucester want

to see how their spending will be squeezed over the next few months and people want to see more stability and less pressure on their budgets as well. thanks very much indeed. we will be bringing you special coverage all day of the financial announcements, the budget that has taken place this morning with the chancellor, jeremy hunt. want to bring you a breaking story today and that concerns aircraft, the m h 17 because three suspects who were accused of mass murder over the downing of that malaysian airlines plane back in 2014 have been found guilty by a court in the netherlands. a fourth was acquitted. all of the defendants were tried in absentia. 298 people died on board when it was shot down by a missile over eastern ukraine. it was en route to kuala lumpur from amsterdam. anna holligan has been

following the trial and has been giving us more details about the verdicts. actually, the man who was acquitted, he was the only want to have employed the legal team. he had two dutch lawyers representing him in court. what they were looking at the judges, in court. what they were looking at thejudges, the individual criminal responsibility and what they were involved in in terms of securing and deploying the missile and for each one of them, they were either involved in ordering, transporting or guarding, apart from the man he was acquitted. among these men who have now been found guilty of shooting the plane out of the sky, killing all 298 people on board, was igor girkin, a former member of the russian intelligence service. this

old point back to russia but in terms of consequences there was never any expectation these men would appear at court because russia doesn't have an extradition treaty but simply has refused to engage which has made things far more difficult. but actually now, there is pressure on the international community to take an even harder line which the family say they wish had been taken eight years ago. yes, it is not likely anyone will actually serve a sentence for that but it does create a binding legal record on this case, which will come to some relief to the families of those almost 300 people killed in that attack on the aeroplane. let's catch up now with the sport and go to the bbc sport centre. good afternoon.

england and wales have been settling in nicely as preperations continue for both squads at the world cup. james maddison didn't train with his england team—mates in qatar today however. the leicester midfielder is still nursing a slight injury. the remainder of the squad trained in the sweltering midday sun at their al wakrah training base. defender conor coady is relishing the prospect of the tournament whether he plays or not. coady was also asked about the controversies surrounding the hosting of the tournament in qatar, notably the country's human rights record, treatment of migrant workers and lg btq+ laws. we have got a real mature group, i think we have a group who want to reflect and help people as much as we can and i can sit here now and tell you we are coming here to win games and to try and help the country go as far as we can, but if there is anything on top of that, we are so privileged to be in the position we are and if there is any

help we can provide along the way, we will do our best to do that. the boys are here to focus on football and that is the most important thing, but like i said, we have such a mature group of players, they will do as much as they can to possibly help us well. wales moved their first training session back today to cope with the heat. temperatures of over 30 degrees. wales take on usa in their opening match on monday. and they can't wait to get started. we have settled well, we have a really good spirit and excitement amongst the group. i think the way things are and how we have been welcomed in as help with that. we are excited with what is ahead for us. other teams are still arriving in qatar. one of the pre tournament favourites argentina touched down overnight. this is them here, with their superstar leenol messi

one of the first out of the plane. the world cup is one of the few trophies missing from his pretty successful career to date. they've been preparing in abu dhabi where they beat united arab emirates in theirfinal warm up match, and that stretched their unbeaten run to 36 games. england's cricketers, who just four days ago won the t20 world cup, have been thrashed by australia, in the first of three one day internationals. they set a target of 288, helped by a century from dawid malan, but it wasn't enough to stop the hosts recording a 6 wicket victory. our sports correspondent, andy swiss, was watching. just a few days ago they were flying high, but for england it was back down to earth with a bump. a ripperfrom stark! a stunning start for australia's bowlers as england's t20 world cup win seemed to have left something of a hangover.

a clatter of early wickets, including captainjos buttler, and they were in deep trouble. so could they recover? dawid malan did his best, giving the crowd a bit of catching practice as he smashed a century. but if his batting was good, well, how about australia's fielding? ashton agar stopping one six in outrageous fashion as england were restricted to 287. that is crazy. it didn't look quite enough and australia soon proved it wasn't, as david warner turned the run chase into more of a stroll. the hosts ultimately clinching it in style. defeat for england then, but after that world cup triumph, one that shouldn't hurt too much. andy swiss, bbc news. it's been a great start for two englishmen at golf�*s season—ending world tour championship event. matt fitzpatrick is at the top of the leaderboard after an opening round of 65 — 7 under par. he began with five successive

birdies and hit 7 in total. he'sjoined on 7—under by tyrell hatton, who produced this moment of magic on the 16th, only a bogey on the last stopped him from being the outright leader after round one. that's all the sport for now. i'll be back shortly with another update. now on bbc news, your questions answered on the autumn statement. welcome to your questions answered. we have been spending the day in gloucester, starting the day looking ahead to the statement and since then we have been getting reaction from a wide—ranging people, a wide—ranging voices, considering what impact that will have on them

as they tackle the cost of living crisis. it is part of our ongoing coverage of the cost of living, tackling it together, year on bbc news. and right now, we are going to answer your questions. or at least some of your questions because there are many, many questions about the budget. with me is ruth dooley, tax adviser and partner at hazlewoods; sri tellapragada, senior lecturer in accounting and finance at the university of gloucester, and sandy hore—ruthven, chief executive of severn wye, an energy charity based in gloucester. and you are also a tax adviser, ruth. and ourfirst question goes and you are also a tax adviser, ruth. and our first question goes to you. this is from peter. he says, i receive a carer�*s allowance for providing 24—hour a day care for my wife. will this allowance be

increasing under the autumn statement and by how much? i believe so. what statement and by how much? i believe so- what has — statement and by how much? i believe so. what has been _ statement and by how much? i believe so. what has been announced - statement and by how much? i believe so. what has been announced is - statement and by how much? i believe so. what has been announced is that i so. what has been announced is that the benefits and the pensions will be increasing by 10.1%, which was the cpi figure for september. that is a little bit lower than the current rate of inflation, which is 11.1%, but the increase kicks in next april, april 23, at which time, the 0br next april, april 23, at which time, the obr have forecast the inflationary have fallen to 7.4%. it is an increase based almost on current inflation levels but with inflation falling, it will be higher than inflation when it comes in. the figure will be 405 by my rough calculation. figure will be 405 by my rough calculation-— figure will be 405 by my rough calculation. ., , , ~ calculation. peter, that seems like a very clear _ calculation. peter, that seems like a very clear answer _ calculation. peter, that seems like a very clear answer to _ calculation. peter, that seems like a very clear answer to your - a very clear answer to your question. i am sure peter will be keeping a close eye on what is actually happening with inflation, the rate at which prices increase. the next question is from martin. he

says, i see that state pensions... i beg your pardon, that is not the question, charlotte on education actually, the education system and schools funding and specifically on special education schools. she says she has not seen those being mentioned but she says those are the ones most affected. when will the government bring the special educational needs school sector into the conversation about education funding? do you want to pick up on that? school funding, funding for the special educational needs sector? . ~ the special educational needs sector? ., ~ , sector? thank you. i believe the autumn statement _ sector? thank you. i believe the autumn statement has - sector? thank you. i believe the autumn statement has definedl sector? thank you. i believe the - autumn statement has defined clear that there _ autumn statement has defined clear that there would be additional funding — that there would be additional funding for schools, around about 2.2 funding for schools, around about 22 billion, — funding for schools, around about 2.2 billion, and with respect to sen schools. _ 2.2 billion, and with respect to sen schools. i_ 2.2 billion, and with respect to sen schools, i think there is also special— schools, i think there is also special rates for that within the

autumn — special rates for that within the autumn statement. i would recommend the autumn statement. ! would recommend the person— autumn statement. i would recommend the person who is asking the question— the person who is asking the question to look into that. there is some _ question to look into that. there is some for— question to look into that. there is some for that, the special schools also _ some for that, the special schools also. ~ , ., some for that, the special schools also. ~ . ~' some for that, the special schools also. ~ ., ~ ., ., some for that, the special schools also. ~ ., ~',, ., ., also. when you talk about a pot of mone , also. when you talk about a pot of money. figuring — also. when you talk about a pot of money, figuring out _ also. when you talk about a pot of money, figuring out exactly - also. when you talk about a pot of money, figuring out exactly where j money, figuring out exactly where thatis money, figuring out exactly where that is going. money, figuring out exactly where that is going-— money, figuring out exactly where that is going. yes, but the autumn statement clearly _ that is going. yes, but the autumn statement clearly outlines - that is going. yes, but the autumn statement clearly outlines that - statement clearly outlines that there _ statement clearly outlines that there is — statement clearly outlines that there is funding and there is some money— there is funding and there is some money amounting to 2.2 billion for schools _ money amounting to 2.2 billion for schools it — money amounting to 2.2 billion for schools. it should fall within that spendind — schools. it should fall within that sendina. . ~ schools. it should fall within that sendina. ., ~ , schools. it should fall within that sendina. . ~' , . schools. it should fall within that sendina. . ~ , . ., spending. thank you very much for our spending. thank you very much for your question. _ spending. thank you very much for your question, charlotte. - spending. thank you very much for your question, charlotte. the - spending. thank you very much for your question, charlotte. the next| your question, charlotte. the next one is, —— from robert. he asks, why is the burden on small businesses nearly a £1 rise in the national event —— living wage, an increase of £5,000 a yearfor a small event —— living wage, an increase of £5,000 a year for a small business like mine, a coffee bar and takeaway? which of you would like to tackle that question? it is

takeaway? which of you would like to tackle that question?— tackle that question? it is tougher small businesses _ tackle that question? it is tougher small businesses when _ tackle that question? it is tougher small businesses when the - tackle that question? it is tougherl small businesses when the national living wage increases because they do by law then have to pay their employees more and it does hit them in their pockets with that but those are national minimum wage and the national living wage really need the increase, so it is a difficult balance. there is other helpful small businesses, in the retail sector and leisure sector. i don't know if you remember during covid, there was a discount on business rates for that sector. it was a discount of 50%. what has been announced is an extension of that discount for the retail and hospitality sector of 75% for a further 12 months. a bit of help coming on rates relief for that type of business. coming on rates relief for that type of business-— coming on rates relief for that type of business. , ., ., ., , of business. yes, although have been tellin: me of business. yes, although have been telling me today. _ of business. yes, although have been telling me today, there _ of business. yes, although have been telling me today, there are _ of business. yes, although have been telling me today, there are still - telling me today, there are still covid bounce back loans, they would like to see a pause or relief in terms of repayments. on energy, they don't know what the classification for vulnerable businesses might be.

what defines a vulnerable business question mark what help might they get with energy bills? and this question on energy is from mick. if energy costs fall, will be companies reduce their rates or keep charging the capped rates?— the capped rates? energy company should start _ the capped rates? energy company should start dropping _ the capped rates? energy company should start dropping their - the capped rates? energy company should start dropping their rates, | should start dropping their rates, if energy— should start dropping their rates, if energy prices _ should start dropping their rates, if energy prices fall, _ should start dropping their rates, if energy prices fall, although - should start dropping their rates, if energy prices fall, although i. if energy prices fall, although i think— if energy prices fall, although i think it — if energy prices fall, although i think it is — if energy prices fall, although i think it is ready— if energy prices fall, although i think it is ready say— if energy prices fall, although i think it is ready say that - if energy prices fall, although i| think it is ready say that energy prices _ think it is ready say that energy prices are — think it is ready say that energy prices are unlikely _ think it is ready say that energy prices are unlikely to _ think it is ready say that energy prices are unlikely to fall - think it is ready say that energy prices are unlikely to fall belowj prices are unlikely to fall below the capped _ prices are unlikely to fall below the capped rate _ prices are unlikely to fall below the capped rate any— prices are unlikely to fall below the capped rate any time - prices are unlikely to fall below the capped rate any time soon. prices are unlikely to fall below - the capped rate any time soon. but as soon— the capped rate any time soon. but as soon as — the capped rate any time soon. but as soon as that _ the capped rate any time soon. but as soon as that happens, _ the capped rate any time soon. but as soon as that happens, we - the capped rate any time soon. but as soon as that happens, we go- the capped rate any time soon. but. as soon as that happens, we go back into the _ as soon as that happens, we go back into the marketplace _ as soon as that happens, we go back into the marketplace and _ as soon as that happens, we go back into the marketplace and energy- into the marketplace and energy companies — into the marketplace and energy companies will— into the marketplace and energy companies will begin _ into the marketplace and energy companies will begin to - into the marketplace and energy companies will begin to start - companies will begin to start dropping _ companies will begin to start dropping their _ companies will begin to start dropping their charges - companies will begin to start dropping their charges and l companies will begin to start l dropping their charges and you companies will begin to start - dropping their charges and you can begin— dropping their charges and you can begin to _ dropping their charges and you can begin to swap— dropping their charges and you can begin to swap between _ dropping their charges and you can begin to swap between energy - begin to swap between energy companies _ begin to swap between energy companies and _ begin to swap between energy companies and get _ begin to swap between energy companies and get the - begin to swap between energy companies and get the best i begin to swap between energy . companies and get the best deal begin to swap between energy - companies and get the best deal for you, companies and get the best deal for you. whether— companies and get the best deal for you. whether you _ companies and get the best deal for you, whether you are _ companies and get the best deal for you, whether you are a _ companies and get the best deal for you, whether you are a business - companies and get the best deal for you, whether you are a business ori companies and get the best deal for| you, whether you are a business or a household _ you, whether you are a business or a household 0n— you, whether you are a business or a household. on the _ you, whether you are a business or a household. on the previous - you, whether you are a business oral household. on the previous question, business _ household. on the previous question, business thrives— household. on the previous question, business thrives on _ household. on the previous question, business thrives on certainty- household. on the previous question, business thrives on certainty and - household. on the previous question, business thrives on certainty and we i business thrives on certainty and we are uncertain— business thrives on certainty and we are uncertain what _ business thrives on certainty and we are uncertain what the _ business thrives on certainty and we are uncertain what the support - business thrives on certainty and we are uncertain what the support for.

are uncertain what the support for business — are uncertain what the support for business energy— are uncertain what the support for business energy is _ are uncertain what the support for business energy is going - are uncertain what the support for business energy is going to - are uncertain what the support for business energy is going to be - are uncertain what the support for. business energy is going to be after april~ _ business energy is going to be after april~ it _ business energy is going to be after april~ it will— business energy is going to be after april. it will not _ business energy is going to be after april. it will not be _ business energy is going to be after april. it will not be announced - business energy is going to be after april. it will not be announced for. april. it will not be announced for another— april. it will not be announced for another couple _ april. it will not be announced for another couple of— april. it will not be announced for another couple of months, - april. it will not be announced for another couple of months, we - april. it will not be announced for. another couple of months, we think. businesses _ another couple of months, we think. businesses are — another couple of months, we think. businesses are coming _ another couple of months, we think. businesses are coming to _ another couple of months, we think. businesses are coming to us - another couple of months, we think. businesses are coming to us and - businesses are coming to us and telling _ businesses are coming to us and telling us — businesses are coming to us and telling us that _ businesses are coming to us and telling us that they _ businesses are coming to us and telling us that they need - businesses are coming to us and telling us that they need to - businesses are coming to us and | telling us that they need to know businesses are coming to us and i telling us that they need to know in order— telling us that they need to know in order to _ telling us that they need to know in order to plan — telling us that they need to know in order to plan for— telling us that they need to know in order to plan for the _ telling us that they need to know in order to plan for the future - telling us that they need to know in order to plan for the future but - telling us that they need to know in order to plan for the future but at l order to plan for the future but at the moment, _ order to plan for the future but at the moment, they— order to plan for the future but at the moment, they are _ order to plan for the future but at the moment, they are living - order to plan for the future but at the moment, they are living in i order to plan for the future but at the moment, they are living in ai the moment, they are living in a world _ the moment, they are living in a world of— the moment, they are living in a world of real— the moment, they are living in a world of real uncertainty - the moment, they are living in a world of real uncertainty around | world of real uncertainty around energy— world of real uncertainty around energy bills, _ world of real uncertainty around energy hills, which _ world of real uncertainty around energy hills, which in _ world of real uncertainty around energy hills, which in a - world of real uncertainty around energy hills, which in a lot- world of real uncertainty around energy hills, which in a lot of. energy bills, which in a lot of cases— energy bills, which in a lot of cases is— energy hills, which in a lot of cases is a _ energy bills, which in a lot of cases is a major— energy hills, which in a lot of cases is a major cost - energy bills, which in a lot of cases is a major cost for- energy hills, which in a lot of. cases is a major cost for them. energy hills, which in a lot of- cases is a major cost for them. find cases is a ma'or cost for them. and 'ust on cases is a ma'or cost for them. and just on that — cases is a major cost for them. just on that ability of people cases is a major cost for them. and just on that ability of people to cases is a major cost for them. just on that ability of people to be able to shop around, clearly there are fewer energy companies in the market now, lots of them went out of business, do you think there is going to be real choice going forward, all that in fact reduce choice that the fewer... the smaller number of energy companies, does that not necessarily mean less choice for consumers?- that not necessarily mean less choice for consumers? whilst we have lost a number — choice for consumers? whilst we have lost a number of _ choice for consumers? whilst we have lost a number of energy _ choice for consumers? whilst we have lost a number of energy companies i lost a number of energy companies and suppliers. _ lost a number of energy companies and suppliers, there _ lost a number of energy companies and suppliers, there are _ lost a number of energy companies and suppliers, there are still- and suppliers, there are still plenty— and suppliers, there are still plenty around _ and suppliers, there are still plenty around. you - and suppliers, there are still plenty around. you would i and suppliers, there are still. plenty around. you would hope and suppliers, there are still- plenty around. you would hope that as soon _ plenty around. you would hope that as soon as — plenty around. you would hope that as soon as energy— plenty around. you would hope that as soon as energy prices _ plenty around. you would hope that as soon as energy prices begin - plenty around. you would hope that as soon as energy prices begin to i as soon as energy prices begin to drop— as soon as energy prices begin to drop below— as soon as energy prices begin to drop below the _ as soon as energy prices begin to drop below the level— as soon as energy prices begin to drop below the level that - as soon as energy prices begin to drop below the level that is- as soon as energy prices begin to i drop below the level that is capped, we would _ drop below the level that is capped, we would start— drop below the level that is capped, we would start to _ drop below the level that is capped, we would start to see _ drop below the level that is capped, we would start to see competition l we would start to see competition back in— we would start to see competition back in the — we would start to see competition back in the market _ we would start to see competition back in the market again. - we would start to see competition back in the market again. but - we would start to see competition back in the market again. but i. we would start to see competition l back in the market again. but i hate to say. _ back in the market again. but i hate to say, we _ back in the market again. but i hate to say, we are — back in the market again. but i hate to say. we are not _

back in the market again. but i hate to say, we are not going _ back in the market again. but i hate to say, we are not going to - back in the market again. but i hate to say, we are not going to see - back in the market again. but i hate to say, we are not going to see as l to say, we are not going to see as far as — to say, we are not going to see as far as i — to say, we are not going to see as far as i can— to say, we are not going to see as far as i can tell— to say, we are not going to see as far as i can tell a _ to say, we are not going to see as far as i can tell a drop— to say, we are not going to see as far as i can tell a drop in- to say, we are not going to see as far as i can tell a drop in energy. far as i can tell a drop in energy prices _ far as i can tell a drop in energy pricesany— far as i can tell a drop in energy prices anytime _ far as i can tell a drop in energy prices any time soon. _ far as i can tell a drop in energy prices any time soon. find - far as i can tell a drop in energy prices any time soon.— far as i can tell a drop in energy prices any time soon. and a broader tuestion prices any time soon. and a broader question really _ prices any time soon. and a broader question really to _ prices any time soon. and a broader question really to you _ prices any time soon. and a broader question really to you all, _ prices any time soon. and a broader question really to you all, a - question really to you all, a supplementary question, energy prices is really one of the big things that we have been hearing from anybody —— everybody today, the squeeze on their bills, the income caused by energy prices and the increasing food prices as well and that disproportionately affects lower income households, doesn't it? they are spending a greater proportion of their income these essentials. proportion of their income these essentials-— proportion of their income these essentials. ~ , , essentials. absolutely. if you see the cbi- -- — essentials. absolutely. if you see the cbi--- it _ essentials. absolutely. if you see the cbi. .. it includes _ essentials. absolutely. if you see the cbi. .. it includes the - essentials. absolutely. if you see the cbi. .. it includes the energy. the cbi... it includes the energy costs— the cbi... it includes the energy costs and — the cbi... it includes the energy costs and it _ the cbi... it includes the energy costs and it has risen to 14.2 this month, _ costs and it has risen to 14.2 this month, which is adding up to the cost of— month, which is adding up to the cost of the — month, which is adding up to the cost of the products and services that a _ cost of the products and services that a lower income person would want _ that a lower income person would want to— that a lower income person would want to otherwise purchase. yes, it

is affecting — want to otherwise purchase. yes, it is affecting the overall level of savings — is affecting the overall level of savings of spending that a lower income — savings of spending that a lower income person would want to have. figures— income person would want to have. figures today suggest there is light at the end of the tunnel, albeit a long way away, it feels a long way away at the moment. the suggestion is once we get to 2024 and the price rises on food and energy have reversed, we were actually going to a period of devolution, and inflammation will be tight —— wiped out. it is a year on year comparison. if the prices come down in the future, you then get a deviation effect. but in the future, you then get a deviation effect.— in the future, you then get a deviation effect. but the obr is sa int deviation effect. but the obr is saying that _ deviation effect. but the obr is saying that in — deviation effect. but the obr is saying that in terms _ deviation effect. but the obr is saying that in terms of - deviation effect. but the obr is| saying that in terms of standard deviation effect. but the obr is i saying that in terms of standard of living, that will return to last year's living, that will return to last yea r�*s levels living, that will return to last year's levels until 2027. bad light at the end of the eternal does feel an awful long way away when people are going to the cost of living crisis right now. whilst we have seen some welcome support for the

most vulnerable people who are spending the most on their energy bills and on the cost of living, what we have not seen as a long—term investment for example in energy efficiency already promoting renewables and energy generation within the uk, so whilst we are solving or at least tackling a little bit of the current problem, what we are not doing is putting... making sure that we as a country are set for— making sure that we as a country are set for the _ making sure that we as a country are set for the future _ making sure that we as a country are set for the future so _ making sure that we as a country are set for the future so we _ making sure that we as a country are set for the future so we don't - making sure that we as a country are set for the future so we don't run - set for the future so we don't run into the _ set for the future so we don't run into the sorts _ set for the future so we don't run into the sorts of _ set for the future so we don't run into the sorts of problems - set for the future so we don't run into the sorts of problems again. | into the sorts of problems again. this next— into the sorts of problems again. this next question _ into the sorts of problems again. this next question is _ into the sorts of problems again. this next question is also - into the sorts of problems again. this next question is also on - this next question is also on energy, from colin. i really good question. is a win full tax paid for by energy company customers question mark is it in fact a stealth pass, he asks. remind us what the budget said about this tax on companies, including their uk operations. there are now two — including their uk operations. there are now two windfall— including their uk operations. there are now two windfall taxes - including their uk operations. there are now two windfall taxes coming in, are now two windfall taxes coming in. one _ are now two windfall taxes coming in. one on— are now two windfall taxes coming in. one on those _ are now two windfall taxes coming in, one on those who _ are now two windfall taxes coming in, one on those who drill- are now two windfall taxes coming in, one on those who drill for- are now two windfall taxes coming in, one on those who drill for oil. in, one on those who drill for oil and gas — in, one on those who drill for oil and gas and _

in, one on those who drill for oil and gas and also _ in, one on those who drill for oil and gas and also for _ in, one on those who drill for oil and gas and also for those - in, one on those who drill for oil and gas and also for those who. and gas and also for those who produce — and gas and also for those who produce our— and gas and also for those who produce our energy, _ and gas and also for those who produce our energy, so - and gas and also for those who produce our energy, so for- and gas and also for those who produce our energy, so for the| and gas and also for those who - produce our energy, so for the first time _ produce our energy, so for the first time there — produce our energy, so for the first time there is— produce our energy, so for the first time there is the _ produce our energy, so for the first time there is the potential- produce our energy, so for the first time there is the potential for- time there is the potential for renewable _ time there is the potential for renewable energy— time there is the potential for renewable energy companiesl time there is the potential for. renewable energy companies to time there is the potential for- renewable energy companies to be taxed _ renewable energy companies to be taxed on _ renewable energy companies to be taxed on their— renewable energy companies to be taxed on their profits. _ renewable energy companies to be taxed on their profits. bear- renewable energy companies to be taxed on their profits. bear in - renewable energy companies to be| taxed on their profits. bear in mind a windfall— taxed on their profits. bear in mind a windfall tax — taxed on their profits. bear in mind a windfall tax is _ taxed on their profits. bear in mind a windfall tax is about _ taxed on their profits. bear in mind a windfall tax is about taxing - a windfall tax is about taxing profits — a windfall tax is about taxing profits that _ a windfall tax is about taxing profits that really _ a windfall tax is about taxing profits that really are - a windfall tax is about taxing profits that really are not - profits that really are not generated _ profits that really are not generated by _ profits that really are not generated by the - profits that really are not - generated by the businesses themselves. _ generated by the businesses themselves, they— generated by the businesses themselves, they are - generated by the businesses . themselves, they are benefiting generated by the businesses - themselves, they are benefiting from themselves, they are benefiting from the war— themselves, they are benefiting from the war in— themselves, they are benefiting from the war in ukraine _ themselves, they are benefiting from the war in ukraine any— themselves, they are benefiting from the war in ukraine any high _ themselves, they are benefiting from the war in ukraine any high gas - the war in ukraine any high gas prices — the war in ukraine any high gas prices globally. _ the war in ukraine any high gas prices globally, so _ the war in ukraine any high gas prices globally, so the - the war in ukraine any high gas prices globally, so the windfalll the war in ukraine any high gas i prices globally, so the windfall tax in theory— prices globally, so the windfall tax in theory as— prices globally, so the windfall tax in theory as long _ prices globally, so the windfall tax in theory as long as _ prices globally, so the windfall tax in theory as long as the _ prices globally, so the windfall tax i in theory as long as the government does what _ in theory as long as the government does what it— in theory as long as the government does what it says _ in theory as long as the government does what it says it _ in theory as long as the government does what it says it is— in theory as long as the government does what it says it is going - in theory as long as the government does what it says it is going to - in theory as long as the government does what it says it is going to do, i does what it says it is going to do, willing _ does what it says it is going to do, willing fact — does what it says it is going to do, willing fact rather— does what it says it is going to do, willing fact rather than _ does what it says it is going to do, willing fact rather than be - does what it says it is going to do, willing fact rather than be a - willing fact rather than be a stealth— willing fact rather than be a stealth tax, _ willing fact rather than be a stealth tax, be _ willing fact rather than be a stealth tax, be supplying i willing fact rather than be a i stealth tax, be supplying the willing fact rather than be a - stealth tax, be supplying the money that will_ stealth tax, be supplying the money that will pay— stealth tax, be supplying the money that will pay for— stealth tax, be supplying the money that will pay for the _ stealth tax, be supplying the money that will pay for the cap _ stealth tax, be supplying the money that will pay for the cap on - stealth tax, be supplying the money that will pay for the cap on the - that will pay for the cap on the energy— that will pay for the cap on the energy prices _ that will pay for the cap on the energy prices. the _ that will pay for the cap on the energy prices. the money- that will pay for the cap on the energy prices. the money thatj that will pay for the cap on the i energy prices. the money that all households— energy prices. the money that all households are _ energy prices. the money that all households are receiving - energy prices. the money that all households are receiving as - energy prices. the money that all. households are receiving as part... to stop _ households are receiving as part... to stop energy— households are receiving as part... to stop energy bills _ households are receiving as part... to stop energy bills rising - households are receiving as part... to stop energy bills rising to - households are receiving as part... to stop energy bills rising to high. i to stop energy bills rising to high. it is not _ to stop energy bills rising to high. it is not a — to stop energy bills rising to high. it is not a stealth— to stop energy bills rising to high. it is not a stealth tax. _ to stop energy bills rising to high. it is not a stealth tax. because - to stop energy bills rising to high. it is not a stealth tax. because it i it is not a stealth tax. because it is levied — it is not a stealth tax. because it is levied on— it is not a stealth tax. because it is levied on the _ it is not a stealth tax. because it is levied on the profits _ it is not a stealth tax. because it is levied on the profits for - it is not a stealth tax. because it is levied on the profits for the i is levied on the profits for the energy— is levied on the profits for the energy companies, _ is levied on the profits for the energy companies, not... - is levied on the profits for the | energy companies, not... and is levied on the profits for the . energy companies, not... and it is levied on the profits for the - energy companies, not... and it does not get _ energy companies, not... and it does not get fed _ energy companies, not... and it does not get fed through _ energy companies, not... and it does not get fed through to _ energy companies, not... and it does not get fed through to your _ energy companies, not... and it does not get fed through to your bill. - energy companies, not... and it does not get fed through to your bill. ti. - not get fed through to your bill. clear answer to your question, colin. do you think it is a bright

given the pressure there has been on the government to introduce when full taxes on energy firms that they have waited until now, this autumn statement, to announce this? it sort of seems like it would be inevitable, yet the government until recently were saying we don't really agree with the idea in principle of agree with the idea in principle of a windfall tax because we think it will discourage energy companies from investment in the uk and from making progress on green goals. to be honest with you, i believe that the government has not gone too far with respect to the windfall taxes. labour _ with respect to the windfall taxes. labour has — with respect to the windfall taxes. labour has been chasing... it has been _ labour has been chasing... it has been saying — labour has been chasing... it has been saying for ten months now, there _ been saying for ten months now, there should be a windfall tax not only to _ there should be a windfall tax not only to the energy sector but also other— only to the energy sector but also other businesses who have benefited due to _ other businesses who have benefited due to the _ other businesses who have benefited due to the ukraine war and covid. i

believe _ due to the ukraine war and covid. i believe introducing the win for taxes — believe introducing the win for taxes is — believe introducing the win for taxes is a _ believe introducing the win for taxes is a good thing that has happened, however i would like to see some — happened, however i would like to see some fiscal policy that supports the general public likely when we have done with the energy price guarantee, something similar to that _ guarantee, something similar to that i_ guarantee, something similar to that i see — guarantee, something similar to that. i see they have raised the cap to 3000 _ that. i see they have raised the cap to 3000 from april onwards but what would _ to 3000 from april onwards but what would happen after that, we are sitting _ would happen after that, we are sitting on— would happen after that, we are sitting on a virtual time bomb and even _ sitting on a virtual time bomb and even that, — sitting on a virtual time bomb and even that, the energy companies go back to _ even that, the energy companies go back to what they were intending to charge, _ back to what they were intending to charge, which is increases on gas and electricity, it would actually make _ and electricity, it would actually make everyone worse off in their pockets — make everyone worse off in their pockets i— make everyone worse off in their pockets. i would have expected them to do more _ pockets. i would have expected them to do more with the autumn statement on energy— to do more with the autumn statement on energy prices. to do more with the autumn statement on energy prices-— on energy prices. experts saying without that _

on energy prices. experts saying without that government - on energy prices. experts saying without that government help i on energy prices. experts saying i without that government help that the average household annual bill could be 3700, rather than 3000 but clearly £3000 is still an awful lot of money when incomes are so squeezed. if of money when incomes are so squeezed-— of money when incomes are so st ueezed. ., ., ., , squeezed. if we had not had the help with the energy _ squeezed. if we had not had the help with the energy bills, _ squeezed. if we had not had the help with the energy bills, inflation - with the energy bills, inflation would have been another 2.5% higher thanit would have been another 2.5% higher than it was announced yesterday. it would have been 13.6% without the help for the bills, the cap on the unit price. just going back to the tax, the windfall tax, what was announced today was an increase in the percentage, a 25% tax has gone up the percentage, a 25% tax has gone up to 35% and the tax you are talking about on the energy... electricity production, that is a 45% levy on the super profits, so it is quite a substantial levy on those companies and when you look to see the balancing of the figures, most of the finance for the cap on the

unit price for businesses and for consumers is going to be financed by the tax on the super profits, by the windfall tax. the the tax on the super profits, by the windfall tam— windfall tax. the next question is from stuart- _ windfall tax. the next question is from stuart. he _ windfall tax. the next question is from stuart. he says _ windfall tax. the next question is from stuart. he says even - windfall tax. the next question is from stuart. he says even if- windfall tax. the next question is from stuart. he says even if the. from stuart. he says even if the national wage increases to £10.40 per hour for over 23 national wage increases to £10.40 per hourfor over 23 is, that will be more than wiped out by the increasing energy costs, it all comes to energy, so how can this be fair or proportionate, says stuart? i guess this comes back to the government signposting very clearly the difficult decisions that were going to be made, so a broad welcome from many people for that increasing the national living wage, but then you have that difficulty with inflation running so high, the real increase may be swallowed up. and

increase may be swallowed up. and the obr have _ increase may be swallowed up. and the 0br have said over the next two the obr have said over the next two years— the 0br have said over the next two years that _ the 0br have said over the next two years that we — the 0br have said over the next two years that we are _ the 0br have said over the next two years that we are looking _ the 0br have said over the next two years that we are looking at - the 0br have said over the next two years that we are looking at a - the 0br have said over the next two years that we are looking at a six - years that we are looking at a six to 7%_ years that we are looking at a six to 7% cut — years that we are looking at a six to 7% cut in — years that we are looking at a six to 7% cut in real— years that we are looking at a six to 7% cut in real income - years that we are looking at a six to 7% cut in real income for- years that we are looking at a six to 7% cut in real income for the i to 7% cut in real income for the average — to 7% cut in real income for the average household. _ to 7% cut in real income for the average household. and - to 7% cut in real income for the average household. and what i to 7% cut in real income for the i average household. and what that means _ average household. and what that means is— average household. and what that means is for— average household. and what that means is for most _ average household. and what that means is for most people - average household. and what that means is for most people in - average household. and what that means is for most people in the i means is for most people in the middle. — means is for most people in the middle. that— means is for most people in the middle, that is— means is for most people in the middle, that is a _ means is for most people in the middle, that is a head—butt- means is for most people in the| middle, that is a head—butt may means is for most people in the i middle, that is a head—butt may be we will— middle, that is a head—butt may be we will survive, _ middle, that is a head—butt may be we will survive, but _ middle, that is a head—butt may be we will survive, but what _ middle, that is a head—butt may be we will survive, but what we - middle, that is a head—butt may be we will survive, but what we are i we will survive, but what we are seeing _ we will survive, but what we are seeing that _ we will survive, but what we are seeing that the _ we will survive, but what we are seeing that the very _ we will survive, but what we are seeing that the very hard - we will survive, but what we are seeing that the very hard end, i we will survive, but what we are i seeing that the very hard end, we have _ seeing that the very hard end, we have 7 _ seeing that the very hard end, we have 7 million _ seeing that the very hard end, we have 7 million households- seeing that the very hard end, we have 7 million households wherei seeing that the very hard end, we i have 7 million households where we think the _ have 7 million households where we think the price — have 7 million households where we think the price cap _ have 7 million households where we think the price cap increase - have 7 million households where we think the price cap increase oc- think the price cap increase oc about— think the price cap increase oc about another— think the price cap increase oc about another1.6_ think the price cap increase oc about another 1.6 million - think the price cap increase oc- about another 1.6 million households falling _ about another 1.6 million households falling into— about another 1.6 million households falling into fuel— about another 1.6 million households falling into fuel poverty. _ about another 1.6 million households falling into fuel poverty. there - about another 1.6 million households falling into fuel poverty. there is - falling into fuel poverty. there is a real— falling into fuel poverty. there is a real crisis — falling into fuel poverty. there is a real crisis looming _ falling into fuel poverty. there is a real crisis looming here, - falling into fuel poverty. there is a real crisis looming here, as - a real crisis looming here, as people — a real crisis looming here, as people genuinely— a real crisis looming here, as people genuinely have - a real crisis looming here, as people genuinely have to - a real crisis looming here, as - people genuinely have to choose between — people genuinely have to choose between heating _ people genuinely have to choose between heating and _ people genuinely have to choose between heating and eating - people genuinely have to choose between heating and eating andi people genuinely have to choose - between heating and eating and their children— between heating and eating and their children are _ between heating and eating and their children are part _ between heating and eating and their children are part of— between heating and eating and their children are part of your _ between heating and eating and their children are part of your scrolls - children are part of your scrolls and all — children are part of your scrolls and all of — children are part of your scrolls and all of those _ children are part of your scrolls and all of those sort _ children are part of your scrolls and all of those sort of - children are part of your scrolls and all of those sort of things. | and all of those sort of things. those — and all of those sort of things. those are _ and all of those sort of things. those are the _ and all of those sort of things. those are the kind _ and all of those sort of things. those are the kind of - and all of those sort of things. those are the kind of calls - and all of those sort of things. those are the kind of calls wel and all of those sort of things. i those are the kind of calls we are getting _ those are the kind of calls we are getting to — those are the kind of calls we are getting to our _ those are the kind of calls we are getting to our advice _ those are the kind of calls we are getting to our advice line. - those are the kind of calls we are getting to our advice line. it - those are the kind of calls we are getting to our advice line. it is i getting to our advice line. it is going — getting to our advice line. it is going to — getting to our advice line. it is going to be _ getting to our advice line. it is going to be tough, _ getting to our advice line. it is going to be tough, there - getting to our advice line. it is going to be tough, there is- getting to our advice line. it is going to be tough, there is no| getting to our advice line. it is - going to be tough, there is no two ways— going to be tough, there is no two ways about — going to be tough, there is no two ways about it _ going to be tough, there is no two ways about it. the _ going to be tough, there is no two ways about it— going to be tough, there is no two ways about it. the next question is from daniel- _ ways about it. the next question is from daniel. i— ways about it. the next question is from daniel. iwill— ways about it. the next question is from daniel. i will come _ ways about it. the next question is from daniel. i will come to - ways about it. the next question is from daniel. i will come to all- ways about it. the next question is from daniel. i will come to all of i from daniel. i will come to all of you to answer this one. on bbc news

as we have been covering the cost of living crisis, we have looked at the impact on different types of people, in different areas, we have put lots of questions to experts about how people can face this crisis. daniel says my household takes home 60,000 approximately with two people and one baby, two adults and one baby. how will people on average wages be able to cope? i think daniel in that question suggesting that even for his household on 60,000, with one child, it is tough for them. and he is wondering how people earning less than that will be able to, i think thatis than that will be able to, i think that is the gist of his question. and even people who are earning substantially more than the average wage, people who are taking home as a household 60,000, the squeezed middle, i guess you would call them, they are finding this really challenging as well. i

they are finding this really challenging as well. i believe the autumn statement _ challenging as well. i believe the autumn statement has - challenging as well. i believe the autumn statement has focused i challenging as well. i believe the i autumn statement has focused on challenging as well. i believe the - autumn statement has focused on the lower income group as well as the top income — lower income group as well as the top income group. and to be honest, i believe _ top income group. and to be honest, i believe that there is a kind of focus — i believe that there is a kind of focus on — i believe that there is a kind of focus on getting 3.6 unemployed people _ focus on getting 3.6 unemployed people onto the employment and in a way, the _ people onto the employment and in a way, the top three revenues that the government is able to get through its taxation is through vat, the national— its taxation is through vat, the national insurance contribution and then you _ national insurance contribution and then you have... sorry, the people who go— then you have... sorry, the people who go into — then you have... sorry, the people who go into employment will be paying _ who go into employment will be paying these funds into the public finances _ paying these funds into the public finances as revenues and these are collected _ finances as revenues and these are collected as taxes. i think the focus — collected as taxes. i think the focus has _ collected as taxes. i think the focus has been firstly when they increase — focus has been firstly when they increase the minimum wage to 10.40,

the focus _ increase the minimum wage to 10.40, the focus has — increase the minimum wage to 10.40, the focus has been on getting people to work _ the focus has been on getting people to work. they are making more money. however— to work. they are making more money. however the _ to work. they are making more money. however the middle—income group by the people _ however the middle—income group by the people who are going to face the maximum _ the people who are going to face the maximum tax. of the top of my head, i think— maximum tax. of the top of my head, i think there _ maximum tax. of the top of my head, i think there will be £600 worth of running _ i think there will be £600 worth of running -- — i think there will be £600 worth of running —— monthly basis if... the running -- monthly basis if... the st ueezed running —— monthly basis if... tue: squeezed middle will running —— monthly basis if... ti9 squeezed middle will be running —— monthly basis if... ti9: squeezed middle will be squeezed some more, effectively. your thoughts on how people will cope, ruth. it is a broad question but if you look at the autumn statement today, what can you take from that today, what can you take from that to answer this question? the today, what can you take from that to answer this question?— to answer this question? the key thint idid to answer this question? the key thing i did not— to answer this question? the key thing i did not want _ to answer this question? the key thing i did not want the - to answer this question? the key i thing i did not want the government to do was not allow the economy to grow at all. actually, ultimately, the way out of economic problems is for economic growth, in a sensible way, a sustainable and responsible way, a sustainable and responsible way, so we are thinking about planning when we are growing our economy but actually some of the

measures i thought might be there in terms of cutting public spending and infrastructure projects like hs2 and northern powerhouse rail, i thought there might be slashes in those and they were not and locally, the 417, we had our announcement yesterday that at long last in gloucestershire we will have finance 4417 and it is all going ahead next year and that is a great infrastructure project that will help our county enormously.— that will help our county enormousl . , . ., , that will help our county enormousl. , . ., , that will help our county enormousl . , . ., , , ., enormously. public transport is a bit issue. enormously. public transport is a big issue. buses _ enormously. public transport is a big issue. buses and _ enormously. public transport is a big issue. buses and trains - big issue. buses and trains especially. it is a big issue for gloucestershire. i especially. it is a big issue for gloucestershire.— especially. it is a big issue for gloucestershire. i was pleased to see that there _ gloucestershire. i was pleased to see that there was _ gloucestershire. i was pleased to see that there was still _ gloucestershire. i was pleased to see that there was still an - gloucestershire. i was pleased to i see that there was still an emphasis on making sure that those projects continue. it will be tough in the meantime for all learners and all people all through the spectrum and it will be a difficult time but we arejust going to it will be a difficult time but we are just going to have to try and get through it and grow our way out of it. : :, , get through it and grow our way out of it. : . , ., ., ., of it. and finally, a thought on that, of it. and finally, a thought on that. how _ of it. and finally, a thought on that, how are _ of it. and finally, a thought on that, how are people - of it. and finally, a thought on that, how are people going i of it. and finally, a thought on that, how are people going to | of it. and finally, a thought on - that, how are people going to cope? that is the question everyone is

asking. t that is the question everyone is askint. . ., ., , that is the question everyone is askint. ., , ., that is the question everyone is askint. . , ., ., asking. i echo that it is going to be difficult _ asking. i echo that it is going to be difficult but _ asking. i echo that it is going to be difficult but there _ asking. i echo that it is going to be difficult but there are - asking. i echo that it is going to be difficult but there are things| be difficult but there are things people — be difficult but there are things people can _ be difficult but there are things people can do _ be difficult but there are things people can do around - be difficult but there are things people can do around energy, i be difficult but there are things i people can do around energy, all sorts— people can do around energy, all sorts of— people can do around energy, all sorts of advice _ people can do around energy, all sorts of advice out _ people can do around energy, all sorts of advice out there - people can do around energy, all sorts of advice out there about i people can do around energy, all. sorts of advice out there about how you can _ sorts of advice out there about how you can save — sorts of advice out there about how you can save on— sorts of advice out there about how you can save on your— sorts of advice out there about how you can save on your energy- sorts of advice out there about how you can save on your energy bills, i you can save on your energy bills, our website — you can save on your energy bills, our website has _ you can save on your energy bills, our website has all— you can save on your energy bills, our website has all sorts - you can save on your energy bills, our website has all sorts of- you can save on your energy bills, our website has all sorts of advicei our website has all sorts of advice on there — our website has all sorts of advice on there and _ our website has all sorts of advice on there. and the _ our website has all sorts of advice on there. and the good _ our website has all sorts of advice on there. and the good news- our website has all sorts of advice on there. and the good news is. our website has all sorts of advice i on there. and the good news is that we have _ on there. and the good news is that we have lots— on there. and the good news is that we have lots of— on there. and the good news is that we have lots of people _ on there. and the good news is that we have lots of people calling - on there. and the good news is that we have lots of people calling our. we have lots of people calling our advice _ we have lots of people calling our advice line — we have lots of people calling our advice line and _ we have lots of people calling our advice line and asking _ we have lots of people calling our advice line and asking for- we have lots of people calling our advice line and asking for advice i advice line and asking for advice and what — advice line and asking for advice and what they— advice line and asking for advice and what they can _ advice line and asking for advice and what they can do _ advice line and asking for advice and what they can do in - advice line and asking for advice and what they can do in their. advice line and asking for advice - and what they can do in their homes. there _ and what they can do in their homes. there are _ and what they can do in their homes. there are things _ and what they can do in their homes. there are things you _ and what they can do in their homes. there are things you can _ and what they can do in their homes. there are things you can do, - and what they can do in their homes. there are things you can do, if- there are things you can do, if there — there are things you can do, if there is— there are things you can do, if there is anything _ there are things you can do, if there is anything that - there are things you can do, if there is anything that is - there are things you can do, if there is anything that is good i there is anything that is good coming — there is anything that is good coming out _ there is anything that is good coming out of— there is anything that is good coming out of this _ there is anything that is good coming out of this situation i there is anything that is good | coming out of this situation is there is anything that is good - coming out of this situation is we might— coming out of this situation is we might reflect _ coming out of this situation is we might reflect a _ coming out of this situation is we might reflect a bit _ coming out of this situation is we might reflect a bit more - coming out of this situation is we might reflect a bit more on - coming out of this situation is we might reflect a bit more on how. coming out of this situation is we i might reflect a bit more on how we use our— might reflect a bit more on how we use our energy— might reflect a bit more on how we use our energy and _ might reflect a bit more on how we use our energy and that _ might reflect a bit more on how we use our energy and that will- might reflect a bit more on how we use our energy and that will help i might reflect a bit more on how wei use our energy and that will help us not only— use our energy and that will help us not only with — use our energy and that will help us not only with bills _ use our energy and that will help us not only with bills but _ use our energy and that will help us not only with bills but also - use our energy and that will help us not only with bills but also to - use our energy and that will help us not only with bills but also to head. not only with bills but also to head net zero _ not only with bills but also to head net zero i— not only with bills but also to head net zero. i would _ not only with bills but also to head net zero. i would also _ not only with bills but also to head net zero. i would also like - not only with bills but also to head net zero. i would also like to - not only with bills but also to head net zero. i would also like to echol net zero. i would also like to echo the need — net zero. i would also like to echo the need to— net zero. i would also like to echo the need to invest _ net zero. i would also like to echo the need to invest in _ net zero. i would also like to echo the need to invest in the - net zero. i would also like to echo the need to invest in the future, i the need to invest in the future, investing — the need to invest in the future, investing in _ the need to invest in the future, investing in more _ the need to invest in the future, investing in more renewables. the need to invest in the future, investing in more renewables in| the need to invest in the future, i investing in more renewables in the energy— investing in more renewables in the energy in— investing in more renewables in the energy in the — investing in more renewables in the energy in the uk_ investing in more renewables in the energy in the uk and _ investing in more renewables in the energy in the uk and in— investing in more renewables in the energy in the uk and in energy- energy in the uk and in energy efficiency _ energy in the uk and in energy efficiency-— efficiency. thank you, all, for answering — efficiency. thank you, all, for answering our— efficiency. thank you, all, for answering our viewers' - efficiency. thank you, all, for - answering our viewers' questions. thank you forjoining us. i was

finding out earlier that there are around 19,000 vacancies across gloucestershire, and clearly getting everyone who could potentially be economic active into jobs everyone who could potentially be economic active intojobs is everyone who could potentially be economic active into jobs is a everyone who could potentially be economic active intojobs is a key way of growing the economy but in answer to that last question about our people going to cope, clearly there are no quick fixes and that was certainly one of the messages i think from the autumn statement today. the government says it has put plans in place to grow the economy and make the economic outlook for the uk more credible, both in domestic and international markets but it does not seem that there are any quick fixes or quick ways out of this cost of living crisis. we will be back with more reaction from gloucester throughout the rest of the afternoon. right now, it is time for the weather. hello. further rain in the forecast over the next few days. we have just entered a spell of very unsettled weather and that is how

it is going to continue really well into next week, but some will get more rain than others. in fact, today, across some south—western parts of the country, the weather is not too bad. that is because we are further away from this area of low pressure which will basically hang around more northern and eastern areas. you can see through the afternoon, the darker blues, even some lime greens, indicate the heavier rainfall here and that wind is blowing off the north sea so it feels particularly chilly along the coast itself, even though the temperatures are about average for the time of year. you can see some brighter weather there, southern england, wales, also northern ireland. one area that will get some very heavy rain over the next 24 hours, that is eastern parts of scotland and it has prompted the met office to issue an amber warning. it is particularly around aberdeenshire and more mountainous regions. we could see around 100, perhaps even 150 millimetres of rain, so certainly some flooding possible around this part of scotland. you can see the rain does not even necessarily have

to be all that heavy. it just keeps falling in the same place nonstop, so that particularly wet area of weather here. elsewhere across the country tomorrow, actually, the weather is not looking too bad at all, particularly around south—western areas and also parts of northern ireland. some sunshine there for sure. the forecast for friday evening, if you are out, stays dry in south—western areas, whereas further north that rain does slowly peter out from eastern parts of scotland. the forecast then and the weather maps for the weekend. that low pressure weather front eventually rains itself out, but the next one sweeps in, pushed by a strong jet stream, so saturday in the morning could be a little bit of cloud and rain in the east, but generally speaking through the morning and into the afternoon, we think at this stage a lot of bright weather, certainly this central swathe of the uk, but out towards the west, the next weather front is looming and that means rain reaching northern ireland at least in the afternoon. let's have a look at sunday,

that weatherfront will have swept across the uk during the night and into sunday, we have quite brisk winds off the atlantic, frequent showers, so a real mixed bag for sunday.

this is bbc news i'mjoanna gosling at westminster. £55 billion of tax rises and spending cuts announced in the autumn statement — but the chancellor says says he's asking more from those who have more. our plan also leads to a shallower downturn, lower energy bills, higher growth and a stronger nhs and education system. these announcements mean millions of people will pay more tax and there is an increase in the windfall tax on oil companies. growth, dismal. investment, down. wages squeezed, public services crumbling. and what does the chancellor have to offer today?

more of the same. iam i am annita mcveigh in gloucester to bring you more reaction to the autumn statement. i'm geeta guru—murthy — the other headlines this hour. three suspects accused of mass murder over the downing of a malaysia airlines plane in 2014 have been found guilty by a court in the netherlands. a fourth was acquitted. in ukraine, the bodies of more than 60 people, with signs of torture, have been found in the newly liberated regions of kherson.

good afternoon and welcome back to westminster. i'm here in westminster and my colleague annita mcveigh is in gloucester and between us we'll be crunching the numbers and bringing you lots of analysis about what the changes mean for you. yes, about what the changes mean for you. thank you. i gloucester yes, thank you. we have been in gloucester city centre all day. we are in the gloucester docks area, an area that has seen a huge amount of investment and regeneration over the last 20 years, lots of new shops and restaurants and a cinema as well. as people face this cost of living crisis how much money will they have in their pockets to spend? incomes are being squeezed. right through from lower income households to people who are on, by many people's standards, a really good wage, the squeezed middle sector and they are really feeling this in some of the

experts i have been talking to say it is the squeezed middle group it will be feeling the squeeze even more. lots more reaction from here to what the chancellor had to say, what it means for people, what it means for the real world economy. joanna. welljeremy hunt stood up at 11:30, as expected, and spoke for nearly an hour, delivering his much anticipated autumn statement, and unveiling a host of measures — many of them widely expected. the chancellor confirmed the uk is in recession — but insisted his economic plan will rebuild the economy and reduce public debt. let's take a look at some of the headlines. there'll be a freeze in income tax thresholds — meaning millions will pay more tax as their wages rises. and the point at whcih the highest tax earners start paying the top rate of tax, has been lowered, to £125,000.

households will pay more in energy bills from april — with typical bill rising from £2,500 to £3,000 as the government reduces the amount of support it gives. the state pension, benefits and tax credits will rise by over 10% — that's in line with inflation. health, education and defence budgets will be maintained — but other departments are likely to squeezed. capital spending will be frozen — but not for a couple of yet — or after the next general election. and bad news if you own an electric car. up till now, you've had that tax free. from april 2025, you'll be liable to excise duty. labour's rachel reeves accused the conservative's of "picking the pockets and purses and wallets of the entire country". those are some of the main headlines and there's plenty more besides. throughtout the afternoon we'll be unpicking the detail with our correspondents and experts. our first report is from our political correspondent damian grammaticus. after the last tory budget brought

chaos, what's in that little blue book is meant to stabilise things. the photos released by his team are meant to be reassuring. this is a chancellor who needs to win back trust in the financial market and in his own party's ability to manage the economy. is austerity coming back? the cabinet know that, and it must all be done in the face of soaring inflation, looming recession, stretched government budgets. who's responsible for this mess, mr hunt? the answer is, of course, in part his own predecessor. it means higher mortgage rates, more expensive food and fuel bills, businesses failing and unemployment rising. it erodes savings, causes industrial unrest and cuts funding for public services. it hurts the poorest the most and eats away at the trust upon which a strong

society is built. so he said just over half the measures he's planning will be tax increases. every earner will be affected, the thresholds at which tax is paid frozen for five years, but he highlighted that unlike liz truss's budget, taxes are not being cut for the richest. asking more from those who have more means that the first difficult decision i take on tax is to reduce the threshold at which the 45p rate becomes payable from £150,000 to £125,140. those earning £150,000 or more will payjust over £1,200 more in tax every year. and something called for by the opposition — there will be more windfall taxes on energy firms. i've decided that from january 1st until march 28th, we will increase the energy profits levy from 25% to 35%. the structure of our energy market also creates windfall profits for low carbon electricity

generation, so from january 1st, we've decided to introduce a new temporary 45% levy on electricity generators. together, these measures raise £14 billion next year. the other half of his plan is for spending restraint — discipline and efficiency, he called it. but there will be more than £2 billion a year put into schools and money for the nhs too. i will increase the nhs budget in each of the next two years by £3.3 billion. the chief executive of the nhs, amanda pritchard, has said that this should provide sufficient funding for the nhs to fulfil its key priorities. she said it shows the government is serious about its commitment to prioritise our nhs. 3.3 billion for the nhs. £4.7 billion for social care, a record £8 billion package

for our health and care system. that is a conservative government putting the nhs first. mr hunt said pensions and benefits will go up in line with inflation, so he said this was a plan to help protect the vulnerable and return to growth. labour's shadow chancellor rachel reeves wasn't impressed. all the country got today was an invoice for the economic carnage that this government has created. never again can the conservatives be seen as the party of economic competence. the combination of tax rises and a hit from inflation means people will face real falls in their disposable income. in the last hour, the conservatives have picked the pockets or purses and wallets of the entire country as the chancellor has deployed a raft of stealth taxes, taking billions of pounds from ordinary working people, a conservative double whammy that

sees frozen tax thresholds and double—digit inflation erode the real value of people's wages. so people face a real squeeze and the opposition parties want to to much of the blame on the government. not international factors like the pandemic or the law in ukraine. this conservative — pandemic or the law in ukraine. ti 3 conservative government has plunge the economy into chaos and forcing ordinary families to pay for their incompetence. foran ordinary families to pay for their incompetence. for an average family this will mean thousands of pounds in increased taxes and bills. yet their local services are being cut while their real terms pay is decreasing. while their real terms pay is decreasing-— while their real terms pay is decreasing. while their real terms pay is decreasint. . , , decreasing. the reality is we will all be living _ decreasing. the reality is we will all be living with _ decreasing. the reality is we will all be living with the _ decreasing. the reality is we will all be living with the disastrous i all be living with the disastrous consequences of trussonomics for some _ consequences of trussonomics for some time — consequences of trussonomics for some time to come. he has created new targets — some time to come. he has created new targets because he has failed to meet the _ new targets because he has failed to meet the old one. and his difficult choices— meet the old one. and his difficult choices are — meet the old one. and his difficult choices are nothing compared to what our constituents face. it all choices are nothing compared to what our constituents face.— our constituents face. it all means a tou t h our constituents face. it all means a tough winter _ our constituents face. it all means a tough winter and _ our constituents face. it all means a tough winter and a _ our constituents face. it all means a tough winter and a hard - our constituents face. it all means a tough winter and a hard couple i our constituents face. it all means | a tough winter and a hard couple of

years are coming. damian grammaticas, bbc news, westminster. the office for budget responsibility gives independent analysis of the uk's public finances. after today's announcements — the obr says that despite the provision by the government of more than £100 billion of additional support over the next two years, the economy will still fall into recession, wiping out eight years of growth. earlier, the obr's professor david miles explained how today's forecast works, what it could mean for households over the next year and ultimately why we could see accelerated growth from 2024. what happens in the forecast, what is likely is near is ie h very near term it is going to be a year of squeezed budgets for households, companies won't be doing as much investment, we are still dealing with this huge increase in energy costs and interest rates going up. so quite likely we

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starts to come through as we unpick things like that analysis we were getting from the office for budget responsibility. our political correspondent leila nathoo is in westminster central lobby. two things from today, first the assessment by the obr, those independent forecasters who were sidelined from the previous budget under the previous administration, delivering a pretty bleak assessment of where the uk economy is. we are in recession, they confirm, talking about the highest tax burden in decades, people's real incomes and disposable incomes and living standards falling dramatically. that will be a pretty bleak message for anyone listening today. the government insisting that global factors are a play, labour keen to point out it is a conservative government that have been in power for the last 12 years. on two other measures announced byjeremy hunt, we have had a lot of trails for this budget, talking about pain, talking about painful decisions, eye

watering, horrible decisions. in the event he did try to deliver some questions, extra money for schools and extra money for the nhs. but people are still going to feel real tax rises through those income thresholds being frozen. higher earners will face more tax over the threshold for the highest rate of tax coming down and the big windfall tax coming down and the big windfall tax on energy producers that the government is relying heavily on. i am joined by government is relying heavily on. i amjoined by iain government is relying heavily on. i am joined by iain duncan smith, former tory leader. am joined by iain duncan smith, formertory leader. did am joined by iain duncan smith, former tory leader. did you think this was a conservative budget? it is by its very statement a conservative budget because it is a conservative budget because it is a conservative government. there are big issues and problems ahead of us. we are in recession already, if not, we are going into a recession. it is unusual to raise taxes in a recession, so that is a concern. the government is looking to counterbalance that by spending more of various elements of public

spending. when you look at it they say we will come out of the recession earlier than would have otherwise would have been predicted as of that rests hugely on two things one if you raise taxes that the revenue you expect arrives and almost every time we do that, that is never the case. the obr more often than not forecast that incorrectly. the injection of spending into the economy in these key areas actually does help the economy grow. that means people spend more as a result of getting more money. that will be problematic when we look at it. that balance is critical, otherwise we will go deeper into recession and there will be more significant problems. getting economic growth was a priority for liz truss, but she had a different approach. clearly a lot of the government's hopes are resting on growth going in the way thatis resting on growth going in the way that is forecast. do you think the

measures announced today are enough of the stimulus said that perhaps the pain in future years can be reduced? mn; the pain in future years can be reduced? y , the pain in future years can be reduced?— the pain in future years can be reduced? g , _, . , reduced? my slight concern is the stimulus is _ reduced? my slight concern is the stimulus is through _ reduced? my slight concern is the stimulus is through public - reduced? my slight concern is the i stimulus is through public spending. in the meantime they are raising taxes. the problem when you raise taxes. the problem when you raise taxes is it has a doubling down effect on the rising inflation. you can therefore end up, although the forecast says growth, it doesn't take much for your receipts for the upper rate taxes on capital gains tax, forecast receipts are never right. because the obr and the others don't really forecast dynamic effects. if you raise taxes, do people avoid them more, do they take their money out of the country? if you get lower revenues on the balance, this budget is tilted. all i am saying is, i understand what the chancellor is trying to do. it is very finely balanced, it won't take much either way for this to tilt in the wrong direction and that

we will be very careful in watching and moderating it as we go along. it is problematic, we are in recession. we don't need a deeper recession which will really damage lives and leave us in deep economic difficulty. leave us in deep economic difficulty-— leave us in deep economic difficul . ., ., ., difficulty. how worried are you the conservative _ difficulty. how worried are you the conservative party _ difficulty. how worried are you the conservative party is _ difficulty. how worried are you the conservative party is associated i conservative party is associated with being the party of higher taxes, raising taxes and how worried are you the government hasn't done enough to distance itself from the previous economic mistakes that they acknowledged have come before? let’s acknowledged have come before? let's be very careful — acknowledged have come before? let's be very careful to _ acknowledged have come before? let�*s be very careful to get perspective on what happened. folklore has got this completely wrong. the truth is the markets were destabilised at the time not by a 35 or a 50 billion tax cuts, which is what was actually being proposed. they were destabilised by the bank's failure to get control of the situation earlier and for putting more quantitative easing out there. they

were dumping gilts onto the market, destabilising the economy at the moment we were making the statement. and then the cost of living intervention of £150 billion. those things all came together at the wrong time. whilst i was a problem, it was a problem of instability in the markets. that is all behind us. we have got to be careful now that we don't target the wrong thing. we are worried about the market reaction, but the markets have moved on. they are more worried about is staying in recession for a long time all the rest of europe staying in recession. the markets want to see there is a plan to grow the economy and grow the economy is in the west. otherwise if we go down further than that, real lives will be damaged. the markets have moved on, my question is, are we moving on or are we still trying to target the thing that happened weeks ago, not what's happening right now. thank that happened weeks ago, not what's happening right now.— happening right now. thank you for 'oinin: us. happening right now. thank you for joining us- just _ happening right now. thank you for joining us- just a — happening right now. thank you for joining us. just a flavour _ happening right now. thank you for joining us. just a flavour of - happening right now. thank you for joining us. just a flavour of some i joining us. just a flavour of some of the diversity of opinion on the

conservative backbenches. not easy for the government to please all different camps in terms of their economic approach. joanna. our economics correspondent andy verity has been looking at the details of the chancellor's announcements, and has more on what it means. the culprit behind of this, a reminder of that soaring inflation caused mostly by much higher energy prices. this is what that is expected to do in the coming months from its peak now above 11%, it will stay in double digits through the winter before dropping quite sharply over six months to almost no inflation, at the bottom right, in three years. because now we are spending so much on bills there is less money to be spent on everything else, so we are likely to produce fewer goods and services. in other words the economy shrinks. the official forecast from the 0br, a bit missing from kwasi kwarteng's mini budgets arejust bit missing from kwasi kwarteng's mini budgets are just economy is growing by a.2% that year, but it is now in recession and will shrink by

1.4% now in recession and will shrink by 1.a% next year. that means less tax rolling in from vat and income tax and the government will spend more in interest on its debt because interest rates are rising and also more on benefits, as the recession takes hold and unemployment goes up. it is worth remembering rishi sunak borrowed £318 billion two years ago to cope with the pandemic. but it was manageable, partly because the bank of england was buying the bonds the government issues when it borrows money. last year borrowing dropped by more than half and more tax money coming in as the economy bounced back. but this year it is expected to rise again as we enter recession to 177 billion before it starts to drop back again. the chance of— starts to drop back again. the chance of growth _ starts to drop back again. tie: chance of growth expectations and borrowing plans look credible, they are the stability people are looking for. but you have to remember that

all forward—looking forecast, as we have seen today, are based on assumptions. those assumptions may be very different from reality and there is a real incentive for chancellors to be positive when making assumptions about the future. jeremy hunt has chosen a fiscal target of getting debt falling as a share of the economy five years from now. it is not an economics on saturday but a political choice. a reasonable forecast on growth in interest rates, he needs £55 billion of spending cuts or tax rises, but the timing is crucial. if you raise taxes or cut spending too soon, you can make the recession deeper, but less so if you tax windfall profits and the wealthy. the windfall tax on energy company profits will go up from 25% to 35% and there will be a 45% windfall tax on electricity generators who have been making big profits. he is cutting the threshold above which we pay higher rate tax at 45p from 150,000 to 125,000. and

he is committed to raise pensions and working age benefits by 10.1%, these are spending measures for next april. they will be more help with bills for benefit recipients and pensioners and the energy price guarantee, crucially, will be extended by 12 months. but he has got it back so the average bill could rise to £3000 a year rather than £2500. not much about spending cuts there and arguably the forecast for economic growth are optimistic, butjeremy hunt is clearly hoping it will restore the government's fiscal credibility. i'm joined now by the liberal democrat treasury spokesperson, sarah olney, the snp's defence procurement spokesman dave doogan and the plaid cymru leader, adam price. welcome all of you. i want a quick reaction from each of you to what you have heard? i reaction from each of you to what you have heard?— you have heard? i think it is terrible- _ you have heard? i think it is terrible. we _ you have heard? i think it is terrible. we know _ you have heard? i think it is terrible. we know from - you have heard? i think it is terrible. we know from the | you have heard? i think it is- terrible. we know from the obr's accompanying analysis we will see the biggest drop in living standards

in history. the 7% drop in people's disposable income and take home pay next year. we have seen massive tax rises across the board, every single person is going to be paying more tax as a result of this autumn statement. we know also that the fiscal black hole that we took about is actually been caused by the mini budget in september, so the conservatives, thanks to the atrocious mismanagement of the economy, every single taxpayer in this country, the cost of their tax bill will have to go up to pay for that. ~ ., , bill will have to go up to pay for that. . . , , ., ., , ., that. we are seeing stealth taxes on workin: that. we are seeing stealth taxes on working people _ that. we are seeing stealth taxes on working people because _ that. we are seeing stealth taxes on working people because of— that. we are seeing stealth taxes on working people because of the - working people because of the freezing — working people because of the freezing of allowances, but also the phenomenal increase just referred to in the _ phenomenal increase just referred to in the fuel— phenomenal increase just referred to in the fuel duty which will disproportionately affect those on lower_ disproportionately affect those on lower incomes. a minimal attempt to tax the _ lower incomes. a minimal attempt to tax the super wealthy. if you are on 1.5 tax the super wealthy. if you are on 15 million— tax the super wealthy. if you are on 15 million a — tax the super wealthy. if you are on 1.5 million a year, what will be paying — 1.5 million a year, what will be paying extra as a result of this?

£1250, — paying extra as a result of this? £1250, less than 0.1% of your income — £1250, less than 0.1% of your income. yet again, the burden falling — income. yet again, the burden falling on _ income. yet again, the burden falling on fairly and disproportionately on those least able to— disproportionately on those least able to meet that. it is such a difficult — able to meet that. it is such a difficult time. on top of that, in terms _ difficult time. on top of that, in terms of— difficult time. on top of that, in terms of public services, expectation management, it is still awful— expectation management, it is still awful isn't— expectation management, it is still awful isn't it? on the back of this, year— awful isn't it? on the back of this, year after— awful isn't it? on the back of this, year after year of austerity, the welsh — year after year of austerity, the welsh government saying that compared to their previous expectations, they awful billion down _ expectations, they awful billion down in — expectations, they awful billion down in terms of where we are in public— down in terms of where we are in public services. look at the projections in terms of public sector— projections in terms of public sector pay, 2% for next year. yet again, — sector pay, 2% for next year. yet again, people leaving, nurses leaving— again, people leaving, nurses leaving the nhs and the low morale in public— leaving the nhs and the low morale in public services, that will get worse — in public services, that will get worse on — in public services, that will get worse on top of the crisis we are already— worse on top of the crisis we are already facing. it worse on top of the crisis we are already facing.— already facing. it is a very significant _ already facing. it is a very significant fiscal - already facing. it is a very - significant fiscal intervention, £55 billion, _ significant fiscal intervention, £55 billion, much— significant fiscal intervention, £55 billion, much of— significant fiscal intervention, £55 billion, much of which _ significant fiscal intervention, £55 billion, much of which is- significant fiscal intervention, £55 billion, much of which is going . significant fiscal intervention, £55 billion, much of which is going to| billion, much of which is going to create _ billion, much of which is going to create reat— billion, much of which is going to create real pain _ billion, much of which is going to create real pain for _ billion, much of which is going to create real pain for ordinary- billion, much of which is going to. create real pain for ordinary people up create real pain for ordinary people up and _ create real pain for ordinary people up and down — create real pain for ordinary people up and down these _ create real pain for ordinary people up and down these islands. - create real pain for ordinary people up and down these islands. need l create real pain for ordinary people | up and down these islands. need to bear up and down these islands. need to hear in _

up and down these islands. need to hear in mind, — up and down these islands. need to bear in mind, three _ up and down these islands. need to bear in mind, three months - up and down these islands. need to bear in mind, three months ago - bear in mind, three months ago nobody— bear in mind, three months ago nobody was _ bear in mind, three months ago nobody was talking _ bear in mind, three months ago nobody was talking about - bear in mind, three months ago nobody was talking about a - bear in mind, three months ago nobody was talking about a £30j nobody was talking about a £30 million — nobody was talking about a £30 million black— nobody was talking about a £30 million black hole. _ nobody was talking about a £30 million black hole. this - nobody was talking about a £30 million black hole. this is - nobody was talking about a £30 i million black hole. this is largely a direct— million black hole. this is largely a direct consequence _ million black hole. this is largely a direct consequence of- million black hole. this is largely a direct consequence of the - million black hole. this is largely a direct consequence of the mini| a direct consequence of the mini budget— a direct consequence of the mini budget the — a direct consequence of the mini budget the tories _ a direct consequence of the mini budget the tories inflicted, - budget the tories inflicted, different— budget the tories inflicted, different prime _ budget the tories inflicted, different prime minister- budget the tories inflicted, i different prime minister and chancellor, _ different prime minister and chancellor, but _ different prime minister and chancellor, but same - different prime minister andi chancellor, but same tories, inflicted _ chancellor, but same tories, inflicted on _ chancellor, but same tories, inflicted on the _ chancellor, but same tories, inflicted on the country - chancellor, but same tories, inflicted on the country a - chancellor, but same tories, inflicted on the country a few chancellor, but same tories, - inflicted on the country a few weeks a-o. inflicted on the country a few weeks ago there — inflicted on the country a few weeks ago there are _ inflicted on the country a few weeks ago. there are headwinds_ inflicted on the country a few weeks ago. there are headwinds in- inflicted on the country a few weeks ago. there are headwinds in the - ago. there are headwinds in the global— ago. there are headwinds in the global economy, _ ago. there are headwinds in the global economy, not _ ago. there are headwinds in the global economy, not which - ago. there are headwinds in the global economy, not which is i ago. there are headwinds in the - global economy, not which is energy prices _ global economy, not which is energy prices and _ global economy, not which is energy prices and inflation _ global economy, not which is energy prices and inflation but _ global economy, not which is energy prices and inflation but they- global economy, not which is energy prices and inflation but they are - prices and inflation but they are managed — prices and inflation but they are managed in _ prices and inflation but they are managed in a _ prices and inflation but they are managed in a different - prices and inflation but they are managed in a different way- prices and inflation but they are managed in a different way in. prices and inflation but they are - managed in a different way in other jurisdictions — managed in a different way in other jurisdictions. in _ managed in a different way in other jurisdictions. in the _ managed in a different way in other jurisdictions. in the uk, _ managed in a different way in other jurisdictions. in the uk, yet - managed in a different way in other jurisdictions. in the uk, yet again. jurisdictions. in the uk, yet again ordinary— jurisdictions. in the uk, yet again ordinary people _ jurisdictions. in the uk, yet again ordinary people paying _ jurisdictions. in the uk, yet again ordinary people paying the - jurisdictions. in the uk, yet again ordinary people paying the price. | ordinary people paying the price. let's _ ordinary people paying the price. let's not — ordinary people paying the price. let's not forget, _ ordinary people paying the price. let's not forget, we _ ordinary people paying the price. let's not forget, we have - ordinary people paying the price. let's not forget, we have come l ordinary people paying the price. i let's not forget, we have come out of the _ let's not forget, we have come out of the financial— let's not forget, we have come out of the financial crash _ let's not forget, we have come out of the financial crash in _ let's not forget, we have come out of the financial crash in 2008 - let's not forget, we have come out of the financial crash in 2008 when lahour— of the financial crash in 2008 when labour had — of the financial crash in 2008 when labour had nothing _ of the financial crash in 2008 when labour had nothing in _ of the financial crash in 2008 when labour had nothing in the - of the financial crash in 2008 when labour had nothing in the coffers. i labour had nothing in the coffers. then_ labour had nothing in the coffers. then into — labour had nothing in the coffers. then into covid _ labour had nothing in the coffers. then into covid where _ labour had nothing in the coffers. then into covid where the - labour had nothing in the coffers. then into covid where the tories. labour had nothing in the coffers. i then into covid where the tories had nothing _ then into covid where the tories had nothing in _ then into covid where the tories had nothing in the — then into covid where the tories had nothing in the coffers. _ then into covid where the tories had nothing in the coffers. this— nothing in the coffers. this financial— nothing in the coffers. this financial mismanagementl nothing in the coffers. this. financial mismanagement and nothing in the coffers. this- financial mismanagement and jewels at westminster— financial mismanagement and jewels at westminster and _ financial mismanagement and jewels at westminster and it _ financial mismanagement and jewels at westminster and it is _ financial mismanagement and jewels at westminster and it is something l at westminster and it is something ordinary— at westminster and it is something ordinary people. _ at westminster and it is something ordinary people, especially - at westminster and it is something ordinary people, especially peoplel ordinary people, especially people in scotland — ordinary people, especially people in scotland need _ ordinary people, especially people in scotland need to _ ordinary people, especially people in scotland need to leave - ordinary people, especially people in scotland need to leave behind. i in scotland need to leave behind. the rating — in scotland need to leave behind. the rating agency— in scotland need to leave behind. the rating agency moody's - in scotland need to leave behind. the rating agency moody's said i in scotland need to leave behind. i the rating agency moody's said what is proposed today is the polarise domestic environment may undermine

efforts to deliver on fiscal consolidation. is it time to pull together in the face of what are clearly incredibly difficult economic circumstances? i clearly incredibly difficult economic circumstances? ~ ., economic circumstances? i think what that statement _ economic circumstances? i think what that statement reflects _ economic circumstances? i think what that statement reflects is _ economic circumstances? i think what that statement reflects is you - economic circumstances? i think what that statement reflects is you can - that statement reflects is you can see spending increasing in real terms in health and education, which is really important. it is clear when you look at the detail that actually the government are forecasting a massive cut to those same public services in four years' time, which is the other side of the general election. no wonder there is uncertainty about whether those cuts will happen because we don't know what the next government will do. delivering a message of political stability, would you vote against this budget, will you vote with it? we will be voting against it, we cannot support these tax rises. what cannot support these tax rises. what would ou cannot support these tax rises. what would you do — cannot support these tax rises. what would you do differently? we have been speaking for over a year but a windfall tax on oil and ask companies. that is coming and it will raise £14 billion? brute companies. that is coming and it will raise £14 billion?— companies. that is coming and it will raise £14 billion? we have been talkin: will raise £14 billion? we have been talking about _

will raise £14 billion? we have been talking about this _ will raise £14 billion? we have been talking about this for _ will raise £14 billion? we have been talking about this for over _ will raise £14 billion? we have been talking about this for over a - will raise £14 billion? we have been talking about this for over a year i talking about this for over a year and we could have made 60 billion over three years on windfall tax. the government was six months too late to this. the the government was six months too late to this-— late to this. the fact they are doinu late to this. the fact they are doin: it late to this. the fact they are doing it now. _ late to this. the fact they are doing it now, why _ late to this. the fact they are doing it now, why would - late to this. the fact they are doing it now, why would you | late to this. the fact they are - doing it now, why would you vote against it now?— doing it now, why would you vote against it now? they brought in in the spring. _ against it now? they brought in in the spring. but — against it now? they brought in in the spring, but what _ against it now? they brought in in the spring, but what we _ against it now? they brought in in the spring, but what we saw - against it now? they brought in in the spring, but what we saw was i the spring, but what we saw was shell, billions of pounds of excess profits. they have paid no windfall tax because the government have allowed them an investment allows to drill for oil and gas and offset that against their windfall responsibilities.— that against their windfall responsibilities. that against their windfall resonsibilities. ., . ,, responsibilities. you could address the unequal— responsibilities. you could address the unequal tax _ responsibilities. you could address the unequal tax structure - responsibilities. you could address the unequal tax structure we - responsibilities. you could address the unequal tax structure we have | responsibilities. you could address i the unequal tax structure we have in the unequal tax structure we have in the uk _ the unequal tax structure we have in the uk you — the unequal tax structure we have in the uk. you could equalise tax on dividend _ the uk. you could equalise tax on dividend income compared to tax on a plane _ dividend income compared to tax on a plane you _ dividend income compared to tax on a plane. you could introduce a proper wealth— plane. you could introduce a proper wealth tax~ — plane. you could introduce a proper wealth tax. plane. you could introduce a proper wealth tam— wealth tax. there are alternatives, but in terms _ wealth tax. there are alternatives, but in terms of... _ wealth tax. there are alternatives, but in terms of... in _ wealth tax. there are alternatives, but in terms of... in the _ wealth tax. there are alternatives, but in terms of... in the advanced | but in terms of... in the advanced economies _ but in terms of... in the advanced economies of _ but in terms of... in the advanced economies of the _ but in terms of... in the advanced economies of the world, - but in terms of... in the advanced economies of the world, there - but in terms of... in the advanced| economies of the world, there are things— economies of the world, there are things you — economies of the world, there are things you can do to address those concerns — things you can do to address those concerns. but the impact of this

economic— concerns. but the impact of this economic policy will be recessionary and drive _ economic policy will be recessionary and drive us — economic policy will be recessionary and drive us further into recession. one thing — and drive us further into recession. one thing the government could do to address— one thing the government could do to address that is take us back into the single — address that is take us back into the single market under the customs union— the single market under the customs union so— the single market under the customs union so we — the single market under the customs union so we can rip up the bureaucracy and get the economy motoring — bureaucracy and get the economy motoring again. | bureaucracy and get the economy motoring again.— bureaucracy and get the economy motoring again. i think what those concerned reflect _ motoring again. i think what those concerned reflect is _ motoring again. i think what those concerned reflect is the _ motoring again. i think what those concerned reflect is the credibility| concerned reflect is the credibility -ap concerned reflect is the credibility gap the _ concerned reflect is the credibility gap the uk — concerned reflect is the credibility gap the uk government _ concerned reflect is the credibility gap the uk government has. - concerned reflect is the credibility. gap the uk government has. these interventions — gap the uk government has. these interventions are _ gap the uk government has. these interventions are designed - gap the uk government has. these interventions are designed to - interventions are designed to restore — interventions are designed to restore confidence _ interventions are designed to restore confidence in - interventions are designed to restore confidence in the - interventions are designed to - restore confidence in the markets, show _ restore confidence in the markets, show in _ restore confidence in the markets, show in the — restore confidence in the markets, show in the fiscal— restore confidence in the markets, show in the fiscal context - restore confidence in the markets, show in the fiscal context the - restore confidence in the markets, show in the fiscal context the uk l show in the fiscal context the uk has borrowing _ show in the fiscal context the uk has borrowing under— show in the fiscal context the uk has borrowing under control. - show in the fiscal context the ukj has borrowing under control. but let's be _ has borrowing under control. but let's be clear. _ has borrowing under control. but let's be clear, after— has borrowing under control. but let's be clear, after 12— has borrowing under control. but let's be clear, after 12 years - has borrowing under control. but let's be clear, after 12 years of i let's be clear, after 12 years of conservatives _ let's be clear, after 12 years of conservatives in _ let's be clear, after 12 years of conservatives in the _ let's be clear, after 12 years of conservatives in the uk, - let's be clear, after 12 years of conservatives in the uk, uk. let's be clear, after 12 years of i conservatives in the uk, uk debt let's be clear, after 12 years of - conservatives in the uk, uk debt has tripled _ conservatives in the uk, uk debt has tripled from — conservatives in the uk, uk debt has tripled from 08— conservatives in the uk, uk debt has tripled from 0.8 trillion _ conservatives in the uk, uk debt has tripled from 0.8 trillion to _ conservatives in the uk, uk debt has tripled from 0.8 trillion to and - tripled from 0.8 trillion to and there — tripled from 0.8 trillion to and there is— tripled from 0.8 trillion to and there is no— tripled from 0.8 trillion to and there is no credibility- tripled from 0.8 trillion to and there is no credibility left - tripled from 0.8 trillion to and there is no credibility left for. there is no credibility left for this government _ there is no credibility left for this government to - there is no credibility left for this government to cling - there is no credibility left for| this government to cling onto there is no credibility left for. this government to cling onto in terms _ this government to cling onto in terms of— this government to cling onto in terms of its _ this government to cling onto in terms of its management- this government to cling onto in terms of its management of- this government to cling onto in terms of its management of the economy — terms of its management of the economy it _ terms of its management of the economy it is _ terms of its management of the economy. it is the _ terms of its management of the economy. it is the people - terms of its management of the economy. it is the people who i terms of its management of the i economy. it is the people who can least _ economy. it is the people who can least afford — economy. it is the people who can least afford it _ economy. it is the people who can least afford it who _ economy. it is the people who can least afford it who paid _ economy. it is the people who can least afford it who paid the - economy. it is the people who can least afford it who paid the price l least afford it who paid the price for the _ least afford it who paid the price for the financial— least afford it who paid the price i for the financial mismanagement. thank— for the financial mismanagement. thank you — for the financial mismanagement. thank you all— for the financial mismanagement. thank you all very _ for the financial mismanagement. thank you all very much. - for the financial mismanagement. thank you all very much. let's - for the financial mismanagement. | thank you all very much. let's get some reaction to the announcements, our business correspondence is a

gloucester�*s eastgate market and we can join her gloucester�*s eastgate market and we canjoin her life. it is starting to wrap up here at the eastgate indoor market in the heart of gloucester city centre. people have been coming to us all day and giving their reaction to the budget, talking to us about the difficult decisions they have been making, whether it be at home all the work place. they have been giving us a sense of how much of a difference this could make and how much it could affect their futures. let's talk to a working student, and you arejuggling three let's talk to a working student, and you are juggling three jobs as well as studying for your drama degree? you were interested in the energy announcements, what are your circumstances? i announcements, what are your circumstances?— circumstances? i am living in a shared student _ circumstances? i am living in a shared student house - circumstances? i am living in a shared student house where i circumstances? i am living in a - shared student house where energy bills are covered to an extent, but not the case for all students and thatis not the case for all students and that is also not the case for next year. a lot of students are finding that houses no longer cover energy bills and so on top of increased rents we will also have to pay bills, which will be a lot of money

and maintenance loans may not cover. that will be extra worry for you next year?— that will be extra worry for you next year? that will be extra worry for you next ear? , , , ., next year? definitely, yes. you say a lot of people _ next year? definitely, yes. you say a lot of people in _ next year? definitely, yes. you say a lot of people in your— next year? definitely, yes. you say a lot of people in your situation - a lot of people in your situation are prioritising work than studying? yes, a few students have to go to work, whether it is because they need a certain amount of hours to pay for their food and the heating, all theirjobs are putting them on and now is that clash with uni so they prioritise it or they will lose theirjob. they prioritise it or they will lose their 'ob. ~ ., they prioritise it or they will lose their 'ob. ~ . , ., ., ~ ., theirjob. what did you make of the statement? — theirjob. what did you make of the statement? as _ theirjob. what did you make of the statement? as a _ theirjob. what did you make of the statement? as a student _ theirjob. what did you make of the statement? as a student it - theirjob. what did you make of the statement? as a student it wasn't i statement? as a student it wasn't brilliant. there _ statement? as a student it wasn't brilliant. there was _ statement? as a student it wasn't brilliant. there was nothing - statement? as a student it wasn't brilliant. there was nothing about| brilliant. there was nothing about an emergency increase in maintenance loans in line with inflation, which we haven't got in the last four years. i am a third—year student and my maintenance loan hasn't gone up that much compared to the minimum wage. minimum wage i am happy with, but not a lot for students. [30 wage. minimum wage i am happy with, but not a lot for students.— but not a lot for students. do you have confidence _ but not a lot for students. do you have confidence about _ but not a lot for students. do you have confidence about how- but not a lot for students. do you have confidence about how you i but not a lot for students. do you i have confidence about how you will navigate work after finishing your degree and what lies out there for

iam i am studying drama. the arts industry is not in a great spot. i'm looking at taking my studies further or not working in the arts industry because i don't know if i can get a job in that industry until it is back on its feet.— job in that industry until it is back on its feet. you say you are havin: back on its feet. you say you are having to — back on its feet. you say you are having to work _ back on its feet. you say you are having to work three _ back on its feet. you say you are having to work three different i back on its feet. you say you are l having to work three different jobs having to work three differentjobs in order to survive. in having to work three different 'obs in order to survivei in order to survive. in order to pay for my rent _ in order to survive. in order to pay for my rent and — in order to survive. in order to pay for my rent and my _ in order to survive. in order to pay for my rent and my food _ in order to survive. in order to pay for my rent and my food but - in order to survive. in order to pay for my rent and my food but for i for my rent and my food but for living, yes. if for my rent and my food but for living. yes-— living, yes. if you did not work, ou living, yes. if you did not work, you would _ living, yes. if you did not work, you would not _ living, yes. if you did not work, you would not be _ living, yes. if you did not work, you would not be able - living, yes. if you did not work, you would not be able to - living, yes. if you did not work, j you would not be able to study. living, yes. if you did not work, - you would not be able to study. not reall , you would not be able to study. not really. no. — you would not be able to study. not really. no. i— you would not be able to study. tint really, no, iwould you would not be able to study. tint really, no, i would have you would not be able to study. tint really, no, iwould have to you would not be able to study. tint really, no, i would have to take a full—timejob. really, no, i would have to take a full-time job-— really, no, i would have to take a full-time job. excellent. people in gloucester — full-time job. excellent. people in gloucester are _ full-time job. excellent. people in gloucester are going _ full-time job. excellent. people in gloucester are going to _ full-time job. excellent. people in gloucester are going to be - full-time job. excellent. people in. gloucester are going to be watching very closely to see how much their budgets and spending is going to be squeezed over the coming months but really people here are looking for more stability and more security. let's get the weather forecast. hello, more rain and wind over the next few days. not necessarily

everywhere. this afternoon, brighter weather across northern ireland, wales and the south of england but clearly elsewhere, overcast and raining heavily. this is where the raining heavily. this is where the rain is going to stay over the next few days but especially around eastern parts of scotland, in fact the met office has issued an amber water warning —— amber weather warning. very heavy rain around aberdeenshire. we could see around 150 millimetres of rain. overly wet in the eastern parts of scotland. elsewhere, the rain will come and go. not quite so heavy. for friday, many of us will have brighter weather but that heavy rain will continue in eastern parts of scotland. here are the highs for tomorrow. hello, this is bbc news. the headlines...

jeremy hunt's announcements mean millions of people will start paying more tax. is also an in dash more tax. there is also an in dash increase in the tax on increase in the windfall tax on energy companies. £31" increase in the windfall tax on energy companies.— increase in the windfall tax on energy companies. our plan leads to lower energy — energy companies. our plan leads to lower energy bills, _ energy companies. our plan leads to lower energy bills, higher _ energy companies. our plan leads to lower energy bills, higher growth - lower energy bills, higher growth and a stronger nhs and education system. and a stronger nhs and education s stem. ,, , ., and a stronger nhs and education sstem. ., , , . and a stronger nhs and education sstem. ., ., system. spending on public services will rise more _ system. spending on public services will rise more slowly _ system. spending on public services will rise more slowly than _ system. spending on public services will rise more slowly than planned. i will rise more slowly than planned. labour says people are not better off after the announcements. growth, dismal. investment, _ off after the announcements. growth, dismal. investment, down. _ off after the announcements. growth, dismal. investment, down. wages, i dismal. investment, down. wages, squeezed. public services, is crumbling. and what does the chancellor has to offer today? more of the same. three suspects accused of mass murder over the downing of a malaysia airlines plain in 2014 have been found guilty by a court in the netherlands. a fourth was acquitted. in ukraine, the bodies of more than 60 people with signs of torture have been

found in newly liberated regions. sport and a full round up from the bbc sport centre. good afternoon. the 2022 world cup starts in qatar on sunday, today both england and wales continued their preperations in the middle east. however, james maddison didn't train with his england team—mates in qatar earlier. the leicester midfielder is still nursing a slight injury. he was involved as the squad met some migrant workers in an event organised by fifa, having trained in the sweltering midday sun at their al wakrah training base. defender conor coady is relishing the prospect of the tournament whether he plays or not. coady was also asked about the controversies surrounding the hosting of the tournament in qatar, notably the country's human rights record, treatment of migrant workers and lg btq+ laws. we have got a real mature group, i think we have a group who want to

reflect and help people as much as we can and i can sit here now and tell you we are coming here to win games and to try and help the country go as far as we can, but if there is anything on top of that, we are so privileged to be in the we will do our best to do that. the boys are here to focus on football to possibly help us well. wales moved their first full training session back today, to cope with the heat in qatar. they delayed the session at their al—sadd base in doha, due to high temperatures of over 30 degrees surprising the squad. wales take on usa in their opening match on monday and defender ethan ampadu says they can't wait to get started. i think the way things are and how we have been welcomed

in as help with that. we are excited with what is ahead for us. fifa president gianni infantino will be re—elected unopposed for a third four—year term next march. infantino has received the backing of 200 associations worldwide, including 52 out of 55 uefa members, although russia are suspended. the german football association said on wednesday they would not support infantino and questioned fifa's commitment to human rights. the swiss—italian has been heavily criticised for his closeness to russian president vladimir putin around the 2018 world cup, and for his recent call for countries to 'focus on football�* rather than scrutanise qatar's human rights record. england's cricketers lost by six wickets against australia in the first of three one day internationals in adelaide. it's only four days since jos buttler�*s side won the t20 world cup and there seemed to be some fatigue in their batting. buttler himself went for 29. dawid malan repaired things somewhat with a fine 134 which included 4 sixes,

but australia reached their target the world champion refused red bull orders to let his team—mate threw on the final lap last weekend to gain points in his fight for second in the championship. shill points in his fight for second in the championship.— points in his fight for second in the championship. all the things i have read is _ the championship. all the things i have read is pretty _ the championship. all the things i have read is pretty disgusting. i the championship. all the things i | have read is pretty disgusting. and also, even more than that, they started attacking my family, threatening my sister and my mother, my girlfriend, my dad. and for me, that goes way too far, while you don't even have the facts of what actually was going on and that

definitely has to stop. if you have a problem with me, that is fine but don't go after my family because thatis don't go after my family because that is just unacceptable. it has been a great start for two englishmen in the gulf season—ending event. there was this moment of magic produced on the 16th. only a bogey on the last stop them from being the outright leader of round one. that is all the sport for now. we are nowjoined by our head of statistics. in terms of breaking it

down, what are the problems that jeremy hunt and rishi sunak were trying to tackle head—on today? innate trying to tackle head-on today? we have trying to tackle head—on today? - have one number that really helps understand what is going on and we can show it to the audience, it shows that the economy is just not growing as much as it could and those forecasts are getting successively worse. you can see the red line, it is around 11% belowjust in march and even worse to be for the pandemic. it may not sound like a lot, but in an economy the size of the uk, that is getting on for £100 billion. the ability just to the abilityjust to pull in money to pay for services is not looking as good as it was. but we still have a problem with an ageing population. we have to repair all the damage with covid and you have to spend more, the demands for spending are going up. there is a debate about

how much you can borrow and tax and spend but the basic problem is the numbers are not adding up. find spend but the basic problem is the numbers are not adding up. and there is a debate about _ numbers are not adding up. and there is a debate about the _ numbers are not adding up. and there is a debate about the causes - numbers are not adding up. and there is a debate about the causes because | is a debate about the causes because you have covid, brexit, the mini budget, obviously ukraine. unpacking the causes of where we have got to know is a critical question but it does look like we are in recession and so the question is how you deal without in terms of tax and spend. the answer the government has come up the answer the government has come up with is not quite today, let's give it a little while. this is another chart we can show the audiences. they are not looking to do it this year own gay, still spending more money to help people through the cost of living crisis ——. these black dots on the screen are showing you... i forgot...

——. these black dots on the screen are showing you... iforgot... thank you to the guy in the gallery, i jumped ahead. we will come back to that in a second. this is showing you when the government is bearing down, it is not really this year, not next year, it is the year after it starts and it does not going until after the recession, or if you are uncharitable, after the next general election. if we go back, sorry to the team, to the charge, the reason why this is being delayed is because not to talking terms of recession, but we will be 7% poorer, the average household, bringing the average disposable income back to the levels it was in 2014. that is the levels it was in 2014. that is the worst two years we have had in decades. the levels it was in 2014. that is the worst two years we have had in decades. it the levels it was in 2014. that is the worst two years we have had in decades. it is the levels it was in 2014. that is the worst two years we have had in decades. it is a the levels it was in 2014. that is the worst two years we have had in decades. it is a really the levels it was in 2014. that is the worst two years we have had in decades. it is a really significant combination of recession and inflation and so do try and tighten the books as we are going into that will put you in a difficult position. in

will put you in a difficult position-— will put you in a difficult osition. , ., , ., position. in terms of understanding what everyone _ position. in terms of understanding what everyone watching _ position. in terms of understanding what everyone watching will - position. in terms of understanding what everyone watching will be - what everyone watching will be paying, how that will affect us, it will affect different people depending on where they are on different income brackets and what their commitments are. hand different income brackets and what their commitments are.— different income brackets and what their commitments are. and you saw some of the — their commitments are. and you saw some of the announcements - their commitments are. and you saw some of the announcements today, i their commitments are. and you saw i some of the announcements today, the extra 900 quid i think in support, the 300 extra for pensioners, directed at people and as a result... i look and it looks like the pain is being pushed to the people who have most money. i think most people will notice more people are starting to pay tax when they did not. it is estimated now that the government decision to freeze the government decision to freeze the point at which you start playing, so you get a rise and suddenly start paying tax, that will make 3 million new taxpayers and push people into paying higher rate tax. people will see that coming through in their paycheque and in the next couple of months, they are taking away some of the generosity of the energy price guarantee, 500

clade for an average household. that depends on the size of the house you have. if you are a big energy use any topcoat you will be paying an extra £700, bringing your bill. it bends on how much you use but those are the biggest points in the next couple of months where people will start to see a change hitting them. thank you very much indeed for unpacking some of that for us. let's get some more now from westminster. thank you very much. billions of pounds is going to be invested in schools in england over the next couple of years. the chancellor thanked all teaching staff for what he described as their brilliant work. what he announced was £2.3 billion for schools per year for the next two years. i am joined by the

general secretary of the national association of head teachers. that was a complete surprise. aha, association of head teachers. that was a complete surprise.— was a complete surprise. a very welcome surprise _ was a complete surprise. a very welcome surprise for _ was a complete surprise. a very welcome surprise for stocks - was a complete surprise. a very. welcome surprise for stocks goes have been facing a crisis for some time and it was becoming very acute right now. schools were going into deficit and not being able to pay the bills. i am really pleased that the bills. i am really pleased that the chancellor has responded to the campaign, notjust with words which we have had before about how important education is and how brilliant teachers are but backing that up with money as well. the money is certainly very welcome and it cannot come soon enough. iloathed it cannot come soon enough. what would it do? _ it cannot come soon enough. what would it do? would _ it cannot come soon enough. what would it do? would it _ it cannot come soon enough. what would it do? would it kind of disappear into what was effectively a looming hole?— disappear into what was effectively a looming hole? there are immediate ressures a looming hole? there are immediate pressures on — a looming hole? there are immediate pressures on schools _ a looming hole? there are immediate pressures on schools right _ a looming hole? there are immediate pressures on schools right now, - pressures on schools right now, heating bills, the cost of living crisis that everybody else is experiencing, the money that has come forward today will avert that immediate crisis. what we will need to talk about going forward is how we deal with some of the longer term issues such as the recruitment and

retention crisis of all staff, support staff, teachers and school leaders, as they feel the pressure on their pay at the same time. i don't want to appear as if we are not welcoming the money coming in because we very much do and it gives us a sound basis for trying to address the longer term problems. but in terms of it showing up as something that is a tangible benefit to pupils, obviously, all of the organisation around a school, the teachers and their pay and the impact on recruitment and retention, that has a material impact on schools but in terms of anything beyond that that'll make a for pupils? beyond that that'll make a for --uils?, , ~' , beyond that that'll make a for “uils? , ~' , ,. , ., pupils? just keep in schools going is the major— pupils? just keep in schools going is the major impact. _ pupils? just keep in schools going is the major impact. we _ pupils? just keep in schools going is the major impact. we really - pupils? just keep in schools going i is the major impact. we really were facing real damage to the quality of education over the next few months, let alone the next few years, if this type of intervention was not made and we are really pleased that actually from a conversation back in the sunday paper is a few weeks ago about further cuts to the teaching

budgets, what we have got today's further investment in budgets and education. we are pleased about that. it gives us a better basis and a firmer basis but we now really need to begin to talk to government about how we deal with some of those longer term issues. about how we deal with some of those longerterm issues. for about how we deal with some of those longer term issues. for example, there has been an austerity agenda around education for the last decade and that is why we ended up in the crisis that we are right now. we need to make sure that we are not there again and one of the bigger problems is the recruitment and retention of staff, so for example, teachers and school leaders have had below inflation pay rises for a decade and the extent to which we can bring enough teachers into the classroom and retain enough longer serving people, that remains a problem because what happened today does not address those issues up front. we need to get into further conversations with government receive we can bring relief there as well. �* ., receive we can bring relief there as well. �* . .. , receive we can bring relief there as well. �* . , ., receive we can bring relief there as well. ~ . , ., , well. and head teachers are being balloted on _ well. and head teachers are being balloted on strike _ well. and head teachers are being balloted on strike action - well. and head teachers are being balloted on strike action for - well. and head teachers are being balloted on strike action for the i balloted on strike action for the first time in 125 years. the issue had become _ first time in 125 years. the issue had become so _ first time in 125 years. the issue had become so acute _ first time in 125 years. the issue

had become so acute that - first time in 125 years. the issue i had become so acute that actually members of the naht had called upon us to run a ballot for the first time in 125 years over their pay, as you say. that demonstrates how deep this was and there are two aspects, one is the amount of pay in the system but also the amount of money in the system to make those pay awards. we were any perverse circumstances when a pay award had come forward from government of 5% really below inflation obviously, but they did not even have the money to pay for that without making redundancies and further cuts. the chancellor has answered half of that in terms of bringing many forward and we now need to understand what the longer term proposition is to make people rewarded and keep them in education. ., ~ , ., make people rewarded and keep them in education-— in education. thank you very much indeed. in education. thank you very much indeed- what _ in education. thank you very much indeed. what will— in education. thank you very much indeed. what will these _ in education. thank you very much indeed. what will these latest - indeed. what will these latest announcements mean for businesses and the economy? we can now speak to and the economy? we can now speak to a senior market analyst. fiona, it is notable that today we have barely talked about market reaction, so different from what happened after the kwasi kwarteng liz truss budget.

what has the market reaction been? as you point out, the market reaction in comparison to the one that we saw after that many budget has really been very tame. the ftse ended the dayjust very has really been very tame. the ftse ended the day just very slightly 0.04% lower. that is partly because i think there has been this restoration of credibility to the uk, following this budget, which is very important. we have not seen those wild swings. there was also a lot of this information being pre—released, so there was not going to be any major surprises. even those companies such as energy companies, which are going to see a higher windfall tax, they have even managed to finish the session higher on the day. i think if we were going to point out the biggest mover, it would be the pound. we have seen a pound has fallen around 1.1% so far.

it had rallied quite hard over the last few weeks, up to around 1.20 versus the dollar, we have seen it down now to 1.18 and that is basically because of expectations of slower growth and this contraction that we are going to see, the larger than expected sort of contraction at the 0br pointed out is going to sort of mean that the economic outlook is poon of mean that the economic outlook is poor, as far as the pound is concerned.— poor, as far as the pound is concerned. ., ., , , ., ., concerned. how does the situation here compare _ concerned. how does the situation here compare with _ concerned. how does the situation here compare with what _ concerned. how does the situation here compare with what is - concerned. how does the situation here compare with what is going i concerned. how does the situation | here compare with what is going on elsewhere? i here compare with what is going on elsewhere? ., ~ here compare with what is going on elsewhere? . ~ , elsewhere? i mean, i think it is uuite elsewhere? i mean, i think it is quite difficult. _ elsewhere? i mean, i think it is quite difficult. there _ elsewhere? i mean, i think it is quite difficult. there are - elsewhere? i mean, i think it is quite difficult. there are very . quite difficult. there are very different situations, for example if you have a look at the us, they are in a very different situation to where we are. they are in a position where we are. they are in a position where they have inflation starting to cool, so we have seen that recent inflation data from the us has been much more encouraging, it has fallen over the last few months, whereas in the uk, as we have seen, inflation

has risen to a new 110 year high at 11.1%. if we look over to the eurozone, they are in a more similar situation to what we are in. they do have that energy crisis, they also have that energy crisis, they also have inflation at a record high, so we are going to see similar problems created over in europe, as we are seeing here and that squeeze on the consumer really being felt. thank ou ve consumer really being felt. thank you very much- — consumer really being felt. thank you very much. let's _ consumer really being felt. thank you very much. let's go - consumer really being felt. thank you very much. let's go to - consumer really being felt. thank you very much. let's go to my i you very much. let's go to my colleague in gloucester. thank you very much. gloucester is gearing up for christmas comedy christmas markets are starting already at weekends. we have an ice rink that is just a little way behind me and beautiful christmas lights around the city. but people are facing a very tough christmas and a very tough few years ahead, as we look at the economic forecasts

around the autumn statement today. disposable household income set to drop by more than 11% this year and just under 3% the following year. a really tough economic time ahead. let's discuss what the outlook is in gloucester. you have a couple of hats that you are wearing in gloucester, one is delivering surplus food from the farm shop where you work, and another is the domestic violence charity that you have set up, helping women escape from domestic violence. let's begin with delivering that surplus food. this goes to food hubs, not food banks. iltiui’ith surplus food. this goes to food hubs, not food banks. with food bands, hubs, not food banks. with food bands. they _ hubs, not food banks. with food bands, they normally _ hubs, not food banks. with food bands, they normally have - hubs, not food banks. with food bands, they normally have to i hubs, not food banks. with food i bands, they normally have to have hubs, not food banks. with food - bands, they normally have to have a voucher but what i do is because i work in a farm shop, we might have

leftover sweetcorn, asparagus, and what i do is distribute those two different community hubs and normally they will have food laid out for the residents in the area and they can help themselves out. there is the stigma about having to get a voucher to go to the food bank. we make sure we can help. some --eole file bank. we make sure we can help. some people file stigma _ bank. we make sure we can help. some people file stigma about _ bank. we make sure we can help. some people file stigma about going to a food bank, is that what you are saying? food bank, is that what you are sa in: ? , food bank, is that what you are sa inn? , i, food bank, is that what you are sa in? , , , ., saying? exactly, yes. the whole rocess saying? exactly, yes. the whole process of— saying? exactly, yes. the whole process of having _ saying? exactly, yes. the whole process of having to _ saying? exactly, yes. the whole process of having to contact - saying? exactly, yes. the whole - process of having to contact someone and getting a voucher some feel they would rather not do that. but in their own communities, they can help themselves to the food they might need. in themselves to the food they might need. , ., , , , need. in terms of the surplus you have, need. in terms of the surplus you have. does _ need. in terms of the surplus you have, does demand _ need. in terms of the surplus you have, does demand outstripped l have, does demand outstripped supply? have, does demand outstripped su -l ? , have, does demand outstripped su . .l ? , , , have, does demand outstripped su .l ? , , , . ., ., supply? yes, it depends. we have a farm shop. — supply? yes, it depends. we have a farm shop. so _ supply? yes, it depends. we have a farm shop, so we _ supply? yes, it depends. we have a farm shop, so we have _ supply? yes, it depends. we have a farm shop, so we have a _ supply? yes, it depends. we have a farm shop, so we have a farm - supply? yes, it depends. we have a farm shop, so we have a farm shop| farm shop, so we have a farm shop that people come in and buy food,

but there is going to be a lot of food left over and we don't want to waste it, so then that goes out to those in the community. the amount vafies those in the community. the amount varies depends _ those in the community. the amount varies depends on _ those in the community. the amount varies depends on just _ those in the community. the amount varies depends on just how— those in the community. the amount varies depends on just how much - those in the community. the amountj varies depends on just how much has been sold in the shop, clearly. let's talk about the charity. clearly if you are talking about someone who is fleeing an incredibly dangerous situation of domestic abuse, that also puts them potentially into a precarious situation, they may be don't have a home to call their own, financially they are in a more difficult situation possibly, so the women you work with, they are affected one would assume by this cost of living crisis. , , ., crisis. yes, definitely. the thought of them wanting _ crisis. yes, definitely. the thought of them wanting to _ crisis. yes, definitely. the thought of them wanting to leave - crisis. yes, definitely. the thought of them wanting to leave their - of them wanting to leave their partner because of the domestic abuse, they have to think about what i going to do, how i going to feed the family, pay the bills and stuff like that, so they are in a situation where they have to think about feeding themselves, buying

furniture, the necessity is that they need, and they sometimes end up staying with their partner and we want them to have the support to leave, so the cost of living is affecting them, yes. fire leave, so the cost of living is affecting them, yes.- leave, so the cost of living is affecting them, yes. are you working with some women _ affecting them, yes. are you working with some women who _ affecting them, yes. are you working with some women who are _ affecting them, yes. are you working with some women who are staying i affecting them, yes. are you working with some women who are staying in| with some women who are staying in that abusive relationship because they feel financially that they cannot escape?— they feel financially that they cannot escape? they feel financially that they cannot esca e? , , ., cannot escape? they might be in a bit of a limbo _ cannot escape? they might be in a bit of a limbo and _ cannot escape? they might be in a bit of a limbo and thinking, - cannot escape? they might be in a bit of a limbo and thinking, should j bit of a limbo and thinking, should i go back, or they might be in a situation where they feel, i just left a place and i need furniture in this new accommodation, i need food, where do i turn to? those are the situations. where do i turn to? those are the situations-— situations. clearly the economy is facin: situations. clearly the economy is facing difficult _ situations. clearly the economy is facing difficult years _ situations. clearly the economy is facing difficult years ahead - situations. clearly the economy is facing difficult years ahead and i facing difficult years ahead and people are facing difficult years ahead as they try to hope with this cost of living crisis. what do you do when you are talking with the people you are working with, whether it is with the charity or delivering

food, what do you do to encourage them and give them hope in this situation? ~ , , . ., situation? when they see me come with the parsley — situation? when they see me come with the parsley my _ situation? when they see me come with the parsley my hand, - situation? when they see me comel with the parsley my hand, delivering full, you can see their faces light, being hopeful that they have summary to help them —— parcels in my hand. it is always nice to have a conversation to say that everything is going to be ok, we will do anything we can and when we are able to support them, if they need anything, if we have a surplus, but we are making sure that we put some aside for them to help them in the future as well.— future as well. keep up your good work and thank _ future as well. keep up your good work and thank you _ future as well. keep up your good work and thank you very - future as well. keep up your good work and thank you very much. i future as well. keep up your good i work and thank you very much. and future as well. keep up your good - work and thank you very much. and we will have more from gloucester in the next hour. we will be talking to the next hour. we will be talking to the boss of a green energy company to get his reaction to the autumn statement and also i will be talking to a couple of people from a charity which works with young people here in gloucester. thank you very much. three suspects

accused of mass murder of an aeroplane in 2014 have been found guilty in the netherlands. all four were tried in absentia. our correspondent has been following the trial and has been giving us more details about the verdicts. actually the man who was acquitted, oleg pulatov, was the only one to have employed a legal team. he had dutch lawyers representing him in court and what they were looking at in reaching this virgin was the individual criminal responsibility is. what these individuals were involved in, in terms of procuring and deploying the missile and for each one of them, they were either

involved in ordering, transporting or guarding, apart from all out politics, who was acquitted. among these men, who have now been found guilty of shooting the plane out of the sky, killing all 298 people on board was igor girkin and the prosecution said he was a former member of russian's intelligence service, the fsb. for the families, this all points back to russia but of course in terms of consequences, there was never any expectation any of these four men would appear in court because russia does not have an extra edition treaty that allows it but also it has just simply refuse to engage, which has made things even more difficult. but now there is pressure on the international community to take an even harder line which the families say they wish had been taken eight years ago. russia has said that they believed this verdict neglects impartiality.

let's catch up now with the weather. thank you. plenty of rain in the last few days and there is no indication that is going to change indication that is going to change in the short—term. in fact we are expecting more unsettled weather well into next week. this evening, the heaviest of the rain will fall in eastern scotland overnight. that has prompted the met office to issue an amberwarning and has prompted the met office to issue an amber warning and by 3pm tomorrow, we could see 150 millimetres of rain in some spots. elsewhere, it will not be as wet. still some rain around any form of showers. it will come and go. tomorrow morning, and into the afternoon, plenty of bright and even some sunny weather in southern parts of wales and central england. some decent weather in northern ireland but belfast quite close to that whether in scotland. beyond that,

the weekend is looking pretty changeable. i suspect saturday actually for many of us should be a decent day, if not sunny then bright enough. belfast on saturday will eventually get rain and then on friday for many parts of the country, it is going to be a blustery day with frequent sunshine and heavy showers, some of them heavy around western parts of the uk. that is it from me. have a good evening.

this is bbc news. the headlines. tens of billions of pounds in tax rates to congaree global economic crisis. our plan also leads to a shallower downturn, lower energy bills, higher growth and a stronger nhs and education system. spending on public services to rise more slowly than planned. labour says people are not better off after today's annoucements growth, dismal. investment, down. wages squeezed, public services crumbling. and what does the chancellor have to offer today? more of the same.

three suspects accused of mass murder over the downing