tv BBC News BBC News October 31, 2024 5:30pm-6:00pm GMT
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exposed to excessive air pollution in london. and repairing scotland's historic �*harry potter�* bridge. the 123—year—old glenfinnan viaduct, which draws hundreds of visitors a day, gets a complicated facelift. now with all the latest sport here's tanya arnold. we start with football and the news that ruben amorim is expected to be appointed as manchester united's new manager. however, bbc sport understands he is unlikely to join the club until after next month's international break. amorim spoke briefly at a press conference today where he said there would be clarification after his current club, sporting, played their match on friday. there was a negotiation between two clubs. it is never easy. the? there was a negotiation between two clubs. it is never easy.— clubs. it is never easy. they have to talk.
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clubs. it is never easy. they have to talk- we _ clubs. it is never easy. they have to talk. we will _ clubs. it is never easy. they have to talk. we will have _ clubs. it is never easy. they have to talk. we will have clarification | to talk. we will have clarification after the game. it will be very clear so it is one more day after after the game. it will be very clear so it is one more day after the game tomorrow, we will have the the game tomorrow, we will have the decision made. decision made. well, while they wait for amorim, well, while they wait for amorim, united's caretaker manager, united's caretaker manager, ruud van nistelrooy made ruud van nistelrooy made quite an impression. quite an impression. in his fist match he oversaw a 5—2 in his fist match he oversaw a 5—2 victory over leicester city victory over leicester city to secure a place in the quarter to secure a place in the quarter final of the league cup. final of the league cup. casameiro got two, as did casameiro got two, as did captain bruno fernandes — two players who've had their struggles this season. captain bruno fernandes — on his own future, van nistlerooy is happy to return to his substantive role. to his substantive role. help will be very as an assistant i came here to help as the club forward and i'm still very motivated to do so in any capacity. as an assistant and now as an interim manager, and after that i go back to my assistant contract that i have here for the season and next. i
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the same length as stokes' new contract. a total of 29 players have been awarded england men central contracts — full details on the bbc sport website and app. meanwhile buttler has not been retained by the rajastan royals. the indian premier league team he's been with since 2018 and will enter the auction instead. rugby union's autumn internationals are almost upon us and already there's a bit of spice ahead of england's match with new zealand on saturday. all blacks head coach scott robertson says england prop joe marler could have "chosen his words better" when he called for new zealand's haka to be "binned". marler called the pre—match ritual challenge — "ridiculous" in a post on x, before deactivating his account, reactivating it and claiming he was "just having a �*bit of fun�* trying to spark interest in a mega rugby fixture". meanwhile new zealand have picked beauden barrett ahead of damian mckenzie at fly—half for the match. barrett, a former two—time world player of the year, spent the early part of this year
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playing forjapanese side toyota verblitz as part of a sabbatical agreed with new zealand rugby. and darcy graham will make his first scotland appearance in over a year against fiji at murrayfield on saturday. the edinburgh winger has been hindered by a spate of injuries, with his last international outing coming at the world cup in october 2023. in the west indies have won the toss in the odi and chosen to bat. that is all your support for now. now it's time for your questions answered... the bbc has received hundreds of questions about the budget so we are going to try to answer a few of
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those questions in this budget edition. here to answer your questions in this special budget edition of your questions answered is our business correspondent marc ashdown with me in the studio and our political correspondent helen catt in westminster. mark, let's start with you. it is the day after and a bit of market reaction. talk us through government borrowing costs. this reaction. talk us through government borrowing costs.— borrowing costs. this is the interest the _ borrowing costs. this is the interest the government i borrowing costs. this is the l interest the government pays borrowing costs. this is the - interest the government pays in the money it borrows. it issues bonds and then pays a yield on those until they mature, so whether they are two, five or ten years, and they go up two, five or ten years, and they go up or down to many on how the market abuse that. certainly no liz truss budget reaction. they have closed 4.5% yield which is high. it is the market saying all this borrowing, yes it is to invest but it is also inflationary so they are expecting perhaps interest rates to stay higher for longer. perhaps interest rates to stay higherfor longer. we perhaps interest rates to stay higher for longer. we think the bank of england has baked in cut next week. there is an 8% chance of it. beyond that, potentially they could pause for breath. i think it is the
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market reacting to that was not this could push wages up. minimum wage has gone up 29% in threes. the wages, go up. the obr gaudily views this as inflationary. let’s wages, go up. the obr gaudily views this as inflationary.— this as inflationary. let's go to helen in westminster. - this as inflationary. let's go to helen in westminster. richard this as inflationary. let's go to - helen in westminster. richard and surihas helen in westminster. richard and suri has a question about the tax—raising changes. he says they will continue year on year so why is the chancellor talking about it being a one off? he the chancellor talking about it being a one off?— the chancellor talking about it being a one off? he is right. the £40 billion _ being a one off? he is right. the £40 billion of— being a one off? he is right. the £40 billion of extra _ being a one off? he is right. the £40 billion of extra tax - being a one off? he is right. the £40 billion of extra tax that - being a one off? he is right. the £40 billion of extra tax that has| £40 billion of extra tax that has been _ £40 billion of extra tax that has been raised in this budget, that is recurring — been raised in this budget, that is recurring. that is the new tax rates and it _ recurring. that is the new tax rates and it will_ recurring. that is the new tax rates and it will continue year after year and it will continue year after year and be _ and it will continue year after year and be collected every year from now on. and be collected every year from now on when _ and be collected every year from now on. when the chancellor has been talking _ on. when the chancellor has been talking about the need to find money that the _ talking about the need to find money that the £22 billion hole, she has been _ that the £22 billion hole, she has been talking about that being this yeah _ been talking about that being this yeah but— been talking about that being this year. but some of those are recurring _ year. but some of those are recurring costs. for example the costs _ recurring costs. for example the costs on — recurring costs. for example the costs on public sector pay — the pay increases _ costs on public sector pay — the pay increases we — costs on public sector pay — the pay increases we had this year, their pay isn't — increases we had this year, their pay isn't going to go down again so that is— pay isn't going to go down again so that is a _ pay isn't going to go down again so that is a recurring one that will
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recur— that is a recurring one that will recur year— that is a recurring one that will recur year on year. there were costs in this— recur year on year. there were costs in this budget which were one offs and a _ in this budget which were one offs and a good — in this budget which were one offs and a good example of that is the compensation money for victims of the infected blood scandal and victims — the infected blood scandal and victims of the post office scandal as welt — victims of the post office scandal as well. that is £118 victims of the post office scandal as well. that is £11.8 billion and h8 _ as well. that is £11.8 billion and £1.8 billion respectively. that is a one off, _ £1.8 billion respectively. that is a one off, even though it will be paid over several years. and the other way the _ over several years. and the other way the chancellor has been suggesting this is a one off if she has been — suggesting this is a one off if she has been saying it is a budget she wouldn't — has been saying it is a budget she wouldn't want to do again. what she means— wouldn't want to do again. what she means by— wouldn't want to do again. what she means by that is that she doesn't want _ means by that is that she doesn't want to— means by that is that she doesn't want to have to come back in the next _ want to have to come back in the next budget, or if you budgets' time, _ next budget, or if you budgets' time, and _ next budget, or if you budgets' time, and put taxes up even further, although— time, and put taxes up even further, although she has said she can't guarantee that wouldn't happen. helen, _ guarantee that wouldn't happen. helen, thank you. mark, back to you. tom in bristol runs a bicycle shop. he is asking, these changes impact him, but what is the government doing to tackle businesses that, in his word, pay almost no tax at all?
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let's look at tom's tax situation. i understand he employs seven people. he should be one of these businesses shielded to an extent from this rise in national insurance employers' contributions. because of the employment allowance, before the budget the government would allow up to £5,000 of relief on those payments. that is going up to £10,500. this is will pay no national insurance because of that and basically they can implore, say, for people on minimum wage and pay no national insurance. i don't how much tom pace's staff but he should come as a small business, see those costs mitigated to an extent. he will see his tax bill go up. it is part of that give—and—take to stop the government is trying to protect smaller businesses and accepting some bigger companies can shoulder the burden. �* ., w' some bigger companies can shoulder the burden. . ., a , ., the burden. another quick question for ou. the burden. another quick question foryon this— the burden. another quick question foryon this is— the burden. another quick question for you. this is robert _ the burden. another quick question for you. this is robert david - the burden. another quick question for you. this is robert david in - for you. this is robert david in brentwood. he asks how will employees not to make national insurance increasing effect
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contractors working inside ir 35. we are contractors working inside ir 35. - are getting into the weeds a bit and thatis are getting into the weeds a bit and that is what tom was alluding to in the previous question, the people who have those arrangements. some firms employ people as contractors or freelancers and they call it working on an inside ir 35 basis. the company pays an hourly rate of pay but they pay that through an umbrella company which are set up by an agency or a company which specialises in that type of arrangement. included in the hourly rate is a bit of sick pay, holiday pay, pension contributions, but crucially that umbrella company pays the national insurance contributions as an employer. so it might feel a bit of unfairto as an employer. so it might feel a bit of unfair to employees like robert who in effect feel like he is an employee but being treated like an employee but being treated like an employer. i spoke to my friendly tax expert who knows a bit more about this and they say the government has had a bugbear about this for a long time. the system can be abused by unscrupulous players was stop they can force people onto these contracts that they don't necessarily want. the government has
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been very clear— because of these changes to employer contributions regarding national insurance, the employee should not lose out at all. anyone that looks at their pay slip and thinks they are missing out they will take a very dim view of that, the government. and they're also introducing a specific measure from april 2026 that by law the onus will fall on the company that is benefiting from that labour, so the could be the person works for — they have to take responsibility for those payments and make sure they are paid and it doesn't fall into the employee. i hope i have explained that!— the employee. i hope i have explained that! perfectly, mark! let's no explained that! perfectly, mark! let's go to _ explained that! perfectly, mark! let's go to helen _ explained that! perfectly, mark! let's go to helen in _ explained that! perfectly, mark! | let's go to helen in westminster. explained that! perfectly, mark! . let's go to helen in westminster. a tough act to follow. stephen and gloucester is talking about private sector workers. gloucester is talking about private sectorworkers. in gloucester is talking about private sector workers. in his eyes they have been unfairly taxed and wants to know if the same rules will apply to know if the same rules will apply to the public sector. we to know if the same rules will apply to the public sector.— to the public sector. we know that actually some _ to the public sector. we know that actually some public— to the public sector. we know that actually some public sector - actually some public sector organisations won't have to pay the rise in_ organisations won't have to pay the rise in national insurance. that is what _ rise in national insurance. that is what the — rise in national insurance. that is what the government has said. we don't _ what the government has said. we don't know— what the government has said. we don't know exactly which organisations that is going to apply
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to, apart _ organisations that is going to apply to, apart from the nhs and schools, although— to, apart from the nhs and schools, although not private schools. the idea behind that is because it is coming — idea behind that is because it is coming out of government money to pay those _ coming out of government money to pay those wages, why the government would _ pay those wages, why the government would end _ pay those wages, why the government would end up paying more. there is an exemption therefore public sector organisations. but there have been questions _ organisations. but there have been questions raised by others about some _ questions raised by others about some of— questions raised by others about some of those private companies that work in _ some of those private companies that work in sectors like social care, for example, which won't be covered by that— for example, which won't be covered by that exemption. the liberal democrats are calling for an exemption to be made for care providers, _ exemption to be made for care providers, small care providers, in that sector too, who provide services, _ that sector too, who provide services, who are worried about having _ services, who are worried about having to — services, who are worried about having to pay more in national insurance _ having to pay more in national insurance but won't be covered by this exemption.— insurance but won't be covered by this exemption. thank you, helen. mark, back — this exemption. thank you, helen. mark. back to _ this exemption. thank you, helen. mark, back to you. _ this exemption. thank you, helen. mark, back to you. jeff _ this exemption. thank you, helen. mark, back to you. jeff elliott - this exemption. thank you, helen. mark, back to you. jeff elliott in i mark, back to you. jeff elliott in haverfordwest has just sold his business but the payment he should get is over three years so he is asking about capital gains tax. that is one of the _ asking about capital gains tax. that is one of the big _
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