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Nov 20, 2019
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we remain in the eu, but, obviously, subject to a huge amount of uncertainty, says the institute for fiscal studiese institute for fiscal studies because it is just a forecast. other things can affect the economy, we cannot guarantee absolutely that 50 billion would be there. the lib dems say the numbers are cautious, but it will say they could be spending money they do not know they are going to have. if there is extra money, what will they spend it on? like every party, the manifesto covers everything but a couple of things to pick out, education is one things to pick out, education is one thing they have been talking about, by 2025 they want to spend another £10 billion on schools in england. government spending plans do not go quite as far as 2025 at the moment but by 2023, lib dems will be spending a bit more than the current government would say. but you must bearin government would say. but you must bear in mind that since 2010, per pupil, bear in mind that since 2010, per pupil, spending has gone down by 8%. pa rt pupil, spending has gone down by 8%. part of that time, five years, the lib d
we remain in the eu, but, obviously, subject to a huge amount of uncertainty, says the institute for fiscal studiese institute for fiscal studies because it is just a forecast. other things can affect the economy, we cannot guarantee absolutely that 50 billion would be there. the lib dems say the numbers are cautious, but it will say they could be spending money they do not know they are going to have. if there is extra money, what will they spend it on? like every party, the manifesto covers...
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Nov 28, 2019
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the institute for fiscal studies says it's highly likely the tories would spend more than their manifesto pledges and that labour would be unable to deliver its spending promises. both, though, risk ending up borrowing a lot more than they're saying, either because we end up with the economy doing much worse, or in labour's case because they don't get anywhere near as much tax in as they're suggesting, or for the conservatives they find they actually have to spend more than they're saying. we'll have all the details of the ifs findings. also this lunchtime: net migration falls to its lowest level for nearly six years, driven by fewer people entering the country from the eu. tensions escalate between china and the us after president trump signs a bill supporting hong kong's pro—democracy protesters. every household in britain bought an average 5a "bags for life" last year — environmental campaigners say they should be much more expensive to curb plastic use. and we have a special report about the damage to the black sea, long used as a dumping ground for plastic and chemical waste. and com
the institute for fiscal studies says it's highly likely the tories would spend more than their manifesto pledges and that labour would be unable to deliver its spending promises. both, though, risk ending up borrowing a lot more than they're saying, either because we end up with the economy doing much worse, or in labour's case because they don't get anywhere near as much tax in as they're suggesting, or for the conservatives they find they actually have to spend more than they're saying....
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Nov 28, 2019
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the institute for fiscal studies says neither the conservatives nor labour are offering credible spendingn their election manifestos. the first funerals are held in vietnam for some of the 39 people found dead in a refrigerated lorry in essex last month. and as politicians on all sides pledge to plant trees for the future — we look at the parties plans to tackle the climate crisis. and at 11:30, we'll be taking an in—depth look at the papers with our reviewers — anand menon, director of the uk in a changing europe, and katy balls, deputy political editor of the spectator. good evening. 30 years after the hillsborough disaster, no one has been held responsible for the deaths of the 96 fans who lost their lives after being crushed on the terraces. today a jury found the policeman in charge on the day at the fa cup semifinal, chief superintendent david duckenfield, not guilty of manslaughter by gross negligence. it's the third time he's been on trial since 1989. as the verdict was read out, there were gasps and tears in court from the families of some of those who died. our north of england
the institute for fiscal studies says neither the conservatives nor labour are offering credible spendingn their election manifestos. the first funerals are held in vietnam for some of the 39 people found dead in a refrigerated lorry in essex last month. and as politicians on all sides pledge to plant trees for the future — we look at the parties plans to tackle the climate crisis. and at 11:30, we'll be taking an in—depth look at the papers with our reviewers — anand menon, director of...
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Nov 21, 2019
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say that is due for fiscal studies we had on earlier have asked them questions about whether or not they will be able to raise the kinds of sums they have been talking about. —— mac institutet will happen? they have to make assumptions. there are under certitude but we are in election period. so they can decide they are going to make this much money. that's mike uncertainty. percentage is basic math and assume the uk economy will grow in a relatively healthy weight over the next figure. thank you. we leave it there. before we finish last talk to you about prince andrew. pressure on prince andrew continues to mount. yesterday, prince andrew stood back from royal duties because of his association with epstein. and in his statement he said: "i am willing to help any appropriate law enforcement agency with their investigations, if required". well, earlier a lawyer representing other victims of epstein said this to the bbc. we do think it is a good positive step he says he will co—operate with law enforcement but we would like to see that happen. is he going to fly to the united states for example involuntarily meet with our mpi? will he sent for depositions come in the civil c
say that is due for fiscal studies we had on earlier have asked them questions about whether or not they will be able to raise the kinds of sums they have been talking about. —— mac institutet will happen? they have to make assumptions. there are under certitude but we are in election period. so they can decide they are going to make this much money. that's mike uncertainty. percentage is basic math and assume the uk economy will grow in a relatively healthy weight over the next figure....
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Nov 28, 2019
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the institute for fiscal studies says neither the conservatives nor labour are offering credible spendingans in their election manifestos. the first funerals are held in vietnam for some of the 39 people found dead in a refrigerated lorry in essex last month. and as politicians on all sides pledge to plant trees for the future, we look at the parties‘ plans to tackle the climate crisis. and coming up on sportsday on bbc news — a good start for arsenal against eintracht frankfurt in the europa league. they only need a draw to reach the last 32. good evening. 30 years after the hillsborough disaster, no one has been held responsible for the deaths of the 96 fans who lost their lives after being crushed on the terraces. today, a jury found the policeman in charge on the day at the fa cup semifinal — chief superintendent david duckenfield — not guilty of manslaughter by gross negligence. it's the third time he's been on trial since 1989. as the verdict was read out, there were gasps and tears in court from the families of some of those who died. our north of england correspondentjudith moritz
the institute for fiscal studies says neither the conservatives nor labour are offering credible spendingans in their election manifestos. the first funerals are held in vietnam for some of the 39 people found dead in a refrigerated lorry in essex last month. and as politicians on all sides pledge to plant trees for the future, we look at the parties‘ plans to tackle the climate crisis. and coming up on sportsday on bbc news — a good start for arsenal against eintracht frankfurt in the...
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Nov 22, 2019
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there was institute for fiscal studies said of course there was some institute for fiscal studies saide for fiscal studies? yes, because i want to know what the researchers that he employs are saying. crime, the lib dems in coalition took the decision to cut police officers, how much to you regret that? grin there have been further cut since we left government. at the time, everything needed to be coach. as i said at the start, the country was facing real economic crisis and there needed to be changes to get us through. why police officers? we had to look at difficult decisions, there was investment in health but not enough and cut to other budgets. when you lead back, do you think it was a mistake? it was extremely difficult. was it a mistake? mistake? it was extremely difficult. was ita mistake? grin mistake? it was extremely difficult. was it a mistake? grin not appetite. when you look back and you see the rise in knife crime? i think something else is going on with knife crime, the police cuts are important but the really big issue is we should be treating knife crime and violence
there was institute for fiscal studies said of course there was some institute for fiscal studies saide for fiscal studies? yes, because i want to know what the researchers that he employs are saying. crime, the lib dems in coalition took the decision to cut police officers, how much to you regret that? grin there have been further cut since we left government. at the time, everything needed to be coach. as i said at the start, the country was facing real economic crisis and there needed to be...
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Nov 21, 2019
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i, highlights some of labour's manifesto pledges — with a warning from the independent institute for fiscal studiesancial times says today's announcement "eclipsed the radical plans from the 2017 election", and is a further shift to the left. tomorrow's daily telegraph leads on the news that a number of orphaned british children caught up in the war in syria are to be brought home to the uk. the paper says the children were found in a camp last month and are due to return to the uk in the coming days. prince andrew is still making some of the front pages. including the metro which has a picture of the duke looking cheerful as he travelled to see the queen today. and the sun leads on the same story — reporting that the prince has been forced to cancel a planned trip to bahrain this week. let's start our chat. it has to be the launch of the manifesto and it is the ft we're going to begin
i, highlights some of labour's manifesto pledges — with a warning from the independent institute for fiscal studiesancial times says today's announcement "eclipsed the radical plans from the 2017 election", and is a further shift to the left. tomorrow's daily telegraph leads on the news that a number of orphaned british children caught up in the war in syria are to be brought home to the uk. the paper says the children were found in a camp last month and are due to return to the uk...
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Nov 25, 2019
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the idea of this conservative manifesto, nothing very new and diverse one thing that the institute for fiscal studieshools and hospitals, the spending cuts of the last ten years i baked into the next five years according to this manifesto. what does that mean? look at what happened in the la st mean? look at what happened in the last ten years, low income families with children have lost thousands of pounds a year in tax credit, some of them. at the same time that tory chancellors have delivered income tax credits,... it was a political choice. conservative chancellors have ta ken away choice. conservative chancellors have taken away money from low income families the children and given it to better off households. it is going to be more of the same in the next five years. that is why we are going to see child poverty surged to a 60 year high. it is an absolute indictment that we have the child poverty levels that we do in out child poverty levels that we do in our country. it is a rich country, we should not have parents having to go differed banks to feed their children. that is essentially the sit
the idea of this conservative manifesto, nothing very new and diverse one thing that the institute for fiscal studieshools and hospitals, the spending cuts of the last ten years i baked into the next five years according to this manifesto. what does that mean? look at what happened in the la st mean? look at what happened in the last ten years, low income families with children have lost thousands of pounds a year in tax credit, some of them. at the same time that tory chancellors have...
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Nov 28, 2019
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the institute for fiscal studies is look to for objective analysis and its objective view is neither is being honest. labour pretends huge increases in spending can be financed only by corporations and the rich, and the conservatives continue to pretend taxis will not have to rise to get decent public services. we know the conservatives over the last two electoral cycles have ended up spending and borrowing a lot more than they said it would in their manifestos, i think that will happen again because they are suggesting essentially nothing in this way of additional spending this time beyond what is announced. labour has vast spending increases and tax increases which probably can't be delivered within a single parliament. the conservatives have promised no rise in taxis, but with extra spending already pledged, they are likely to break their own rules on borrowing. we welcome the scrutiny. if anyone has a look, they will see that alongside our manifesto we have published the most detailed costings document any party has published in any general election. the lib dems are promising bi
the institute for fiscal studies is look to for objective analysis and its objective view is neither is being honest. labour pretends huge increases in spending can be financed only by corporations and the rich, and the conservatives continue to pretend taxis will not have to rise to get decent public services. we know the conservatives over the last two electoral cycles have ended up spending and borrowing a lot more than they said it would in their manifestos, i think that will happen again...
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Nov 28, 2019
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the institute for fiscal studies is looked to for objective analysis and its objective view is neitheres in spending can be financed only by corporations and the rich, and the conservatives continue to pretend taxes will not have to rise to get decent public services. we know the conservatives, over the last two electoral cycles, have ended up spending and borrowing a lot more than they said it would in their manifestos. i think that will happen again because they are suggesting essentially nothing in this way of additional spending this time beyond what is announced. labour has vast spending increases and tax increases which probably can't be delivered within a single parliament. the conservatives have promised no rise in taxes, but with extra spending already pledged, they are likely to break their own rules on keeping borrowing down. and the risk is, if a brexit trade it was not worked by the end of next year, borrowing will jump. we welcome the scrutiny. if anyone has a look, they will see that, alongside our manifesto, we have published the most detailed costings document any part
the institute for fiscal studies is looked to for objective analysis and its objective view is neitheres in spending can be financed only by corporations and the rich, and the conservatives continue to pretend taxes will not have to rise to get decent public services. we know the conservatives, over the last two electoral cycles, have ended up spending and borrowing a lot more than they said it would in their manifestos. i think that will happen again because they are suggesting essentially...
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Nov 28, 2019
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paul johnson, the director of the institute for fiscal studies. t bbc news is looking closely at the places where the election could be won and lost. we are visiting 10 parts of the uk where seats will be closely today, we're in cheltenham, which is in gloucestershire. this seat has been held by the conservatives since 2015 — and is bordered by two other constituencies, also belonging to the tories. the conservatives took cheltenham four years ago with a swing of 10% from the liberal democrats, who had held the seat for 23 years. but the liberal democrats will be hoping to regain the seat this year — the conservatives have a majority ofjust over 2,500. our correspondentjon kay has been looking at the key issues concerning voters here, and he's found out that for cheltenham, housing could be a deciding factor... cheltenham: an elegant regency spa town famed for its crescents and colonnades. but take a short drive from the centre and you'll soon find the same housing issues as anywhere else. the cornerstone centre, here in the suburb of whaddon, many
paul johnson, the director of the institute for fiscal studies. t bbc news is looking closely at the places where the election could be won and lost. we are visiting 10 parts of the uk where seats will be closely today, we're in cheltenham, which is in gloucestershire. this seat has been held by the conservatives since 2015 — and is bordered by two other constituencies, also belonging to the tories. the conservatives took cheltenham four years ago with a swing of 10% from the liberal...
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Nov 19, 2019
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this is the institute for fiscal studies, so people will ta ke for fiscal studies, so people will takeking the accusation. absolutely, but labour has said over and over again that they only plan on raising taxes for they only plan on raising taxes for the top 5% of people. but at the same time, the conservatives are co nsta ntly same time, the conservatives are constantly on the attack on here, but they won't come out with their own plans. they won't come out and say exactly what their own plans are. and labour have said they hope to publish their manifesto on thursday. the conservatives are looking at possibly pushing their ma nifesto looking at possibly pushing their manifesto launch until two weeks before the general election. and it is very, very easy for the conservatives to constantly attack labour on spurious figures that they previously admit they made up, but until the conservatives say what they will do, they are in a very, very wea k they will do, they are in a very, very weak position here.|j they will do, they are in a very, very weak position here. i think it is so intere
this is the institute for fiscal studies, so people will ta ke for fiscal studies, so people will takeking the accusation. absolutely, but labour has said over and over again that they only plan on raising taxes for they only plan on raising taxes for the top 5% of people. but at the same time, the conservatives are co nsta ntly same time, the conservatives are constantly on the attack on here, but they won't come out with their own plans. they won't come out and say exactly what their own...
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Nov 20, 2019
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with me is pauljohnson, director of the institute for fiscal studies. specifics, this kicks in, the rate will change. what are the implications for that to the overall cost to government? is your duty at the sir trevor is a hybrid and pounce right away, that would cost £10 billion. that is a big tax cut. the prime minister has suggested he will do more gradually than that, maybe to £9,005 and the first incident, not is still a couple billion pounds of cost. if you are to do this over a parliament, that is still a big change. when he says he will say favoured a big change. when he says he will save five to is based on the 12,500, not the initial you are to do this over a parliament, that is still a big change. when he says he will save five to pass, that is based on the 12,500, not the initial 9500? the initial change would save about the amount you are getting back, or not having to pay in tax, that is significantly different? there is a big difference in saying it will save you five no pounds, actually, it will save you 85 initially. this is the kind o
with me is pauljohnson, director of the institute for fiscal studies. specifics, this kicks in, the rate will change. what are the implications for that to the overall cost to government? is your duty at the sir trevor is a hybrid and pounce right away, that would cost £10 billion. that is a big tax cut. the prime minister has suggested he will do more gradually than that, maybe to £9,005 and the first incident, not is still a couple billion pounds of cost. if you are to do this over a...
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Nov 28, 2019
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but today, economists at the institute for fiscal studies — an independent research group — said neither the tories would end up spending more than their manifesto pledges. labour, it warned, would be unable to deliver its spending increases as it has promised. the liberal democrat manifesto sets out lower borrowing than labour or the conservatives, but at a level that would still be seen as "radical" in "most periods". 0ur economics editor, faisal islam reports. it is a rather similar set of words, about the nation's coffers, from the main parties. i think our manifesto is bold, it is ambitious, it is prepared for, it is thought out, and there is a grey book which fully costs it. so says the prime minister, too. fully costed manifesto, and we can make a very substantial commitment that we are making. all the parties campaigning stress and good housekeeping but the main message from the ifs is the critical audit of the manifestos is a plague on both your houses, plans for health spending are in the same ball park with the conservatives on 3% growth a yearand labour, 4%. when you strip he
but today, economists at the institute for fiscal studies — an independent research group — said neither the tories would end up spending more than their manifesto pledges. labour, it warned, would be unable to deliver its spending increases as it has promised. the liberal democrat manifesto sets out lower borrowing than labour or the conservatives, but at a level that would still be seen as "radical" in "most periods". 0ur economics editor, faisal islam reports. it is a...
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Nov 6, 2019
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the institute for fiscal studies has released a report analysing what the budget might have said.hat downgraded growth forecasts, the spending review, and the changes to student loans have all changed the picture since march, with forecasts for borrowing next year would likely have been at least £30 billion higher than those made by the 0br back in march. reductions to borrowing in the last finacial year were back to the level seen in 2007—08. measured as a share of national income, borrowing in 2018—19 was 1.9%, its lowest share since 2001—02. this is about in line with the average rate of borrowing seen over the period from the end of the second world war through to 2007—08. with me now is the director of ifs, pauljohnson. it is good to have you with uses again. right, so, if the budget had been taking place today, we know what the political context is and the uncertainty over brexit. would the uncertainty over brexit. would the chancellor have been in a position to announce some of the radical spending proposals that the conservatives have been talking about in recent weeks? he
the institute for fiscal studies has released a report analysing what the budget might have said.hat downgraded growth forecasts, the spending review, and the changes to student loans have all changed the picture since march, with forecasts for borrowing next year would likely have been at least £30 billion higher than those made by the 0br back in march. reductions to borrowing in the last finacial year were back to the level seen in 2007—08. measured as a share of national income,...
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Nov 21, 2019
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the times quotes the independent institute for fiscal studies, who called plans to raise £83 billionmply not credible". tomorrow's daily telegraph leads on the news that a number of orphaned british children caught up in the war in syria are to be brought home to the uk. the paper says the children were found in a camp last month and are due to return to the uk in the coming days. prince andrew is still making some of the front pages, including the the metro — which has a picture of the duke looking cheerful as he travelled to see the queen today. and the sun leads on the same story, reporting that the prince has been forced to cancel a planned trip to bahrain this week. that start off our chart with the general election. the mirror this time, and it is the labour manifesto —— our chat. time, and it is the labour manifesto -- our chat. i think you could say the mirror likes the labour ma nifesto. the mirror likes the labour manifesto. radical, as we have been talking about, it is a plan to change the entire way that britain is run. there is talk, someone was framing it as jeremy is r
the times quotes the independent institute for fiscal studies, who called plans to raise £83 billionmply not credible". tomorrow's daily telegraph leads on the news that a number of orphaned british children caught up in the war in syria are to be brought home to the uk. the paper says the children were found in a camp last month and are due to return to the uk in the coming days. prince andrew is still making some of the front pages, including the the metro — which has a picture of the...
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Nov 21, 2019
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borrowing we've seen in peacetime history — that's according to the leading think tank the institute for fiscal studiesl islam has been looking at labour's proposals and what impact they could have on the economy. this is a radical attempt to change britain's business model, involving not just britain's business model, involving notjust huge britain's business model, involving not just huge amounts britain's business model, involving notjust huge amounts of public spending and investments, but also attempting to rewire the way the economy works. there would be significant sums going to schools and opening centres for preschool children, £16 billion. and more than £18 billion a year to do with healthcare and social care in particular. and £5 billion a year will be spent on immediate inflation busting pay rises and earnings increases for public sector workers. alongside other pledges, £83 billion in spending rises matched, yes, by £83 billion in extra taxes that labours as it can squeeze from business and the rich. —— labour says. £24 billion would be raised by reversing corporation tax cuts, that is the
borrowing we've seen in peacetime history — that's according to the leading think tank the institute for fiscal studiesl islam has been looking at labour's proposals and what impact they could have on the economy. this is a radical attempt to change britain's business model, involving not just britain's business model, involving notjust huge britain's business model, involving not just huge amounts britain's business model, involving notjust huge amounts of public spending and investments,...
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Nov 6, 2019
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promising to boost spending on public services, a leading economic research group, the institute for fiscal studiese public finances are doing. our economics editor, faisal islam, has more. call it the budget that never was — due today but cancelled by the chancellor alongside the key updates to forecasts for borrowing. others have done those calculations and they point to a rather different argument over tax, spend and borrowing during the election campaign. first up, here's the existing, official forecast for borrowing over the next five years. they come from march and you'll see low deficit, way lower than the 100 billion plus we had a decade ago — basically falling pretty much to zero. and here are what the forecasts could have been, according to the ifs, if the budget had happened today. much higher in every year. in fact, the deficit staying at around 45 to £50 billion all the way out. let's focus on the current fiscal year — £55 billion, but half of the increase over the past few months comes from an accounting change to the way that student loans are perceived to be likely to be written off
promising to boost spending on public services, a leading economic research group, the institute for fiscal studiese public finances are doing. our economics editor, faisal islam, has more. call it the budget that never was — due today but cancelled by the chancellor alongside the key updates to forecasts for borrowing. others have done those calculations and they point to a rather different argument over tax, spend and borrowing during the election campaign. first up, here's the existing,...
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Nov 25, 2019
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s institute for fiscal studies he say the conservatives aren't willing to deal with the big structural issues in the economy and they're saying that labor's approach just isn't realistic in its ability to deal with those challenges in the face of a tightening budget for the for the u.k. government and in the long term and i guess i guess i guess it's i guess it's going to be a real big battle over the next couple of weeks over whether this economic or social populism wins out there some signs the some red lights on the dashboard for the for boris johnson has his lead over jeremy cotton is narrowing in the opinion polling over the last week or so on who would make the best prime minister some aspects of this manifesto jeremy corbin's are pretty popular on their own as individual items of public policy so it's not actually clear as things crystallize over the next couple of weeks that this message of get bricks it done will survive what is going to be a 2 weeks of pretty intense campaigning well if as alan says well the institute of fiscal spending has said that labor party is not a fest
s institute for fiscal studies he say the conservatives aren't willing to deal with the big structural issues in the economy and they're saying that labor's approach just isn't realistic in its ability to deal with those challenges in the face of a tightening budget for the for the u.k. government and in the long term and i guess i guess i guess it's i guess it's going to be a real big battle over the next couple of weeks over whether this economic or social populism wins out there some signs...
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Nov 5, 2019
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some respected analysts, like the institute for fiscal studies, agree, and so do government estimates relatively small sum compared to the value of the economy in a year — over £800 billion. and forecasts have a way of being knocked off course by events. could lib dem leaderjo swinson be our next prime minister? well, anything's possible in politics, almost anything. but asjo swinson seemed to accept today, and our voting system, it would be a huge surprise if the lib dems won outright and she ended up in number 10. but if the lib dems held the balance of power in westminster, they could have a say in who is to be the next pm. jo swinson says she won't back jeremy corbyn or borisjohnson, since he's a brexiteer who won't rule out leaving with no deal. there'll be no coalition government involving the lib dems. they got their fingers burnt afterjoining the tories in 2010. but you won't necessarily need to be in government to have a big say over policy, politics and brexit. that wasjohn that was john pienaar that wasjohn pienaar reporting there. and our political editor laura kuenssberg
some respected analysts, like the institute for fiscal studies, agree, and so do government estimates relatively small sum compared to the value of the economy in a year — over £800 billion. and forecasts have a way of being knocked off course by events. could lib dem leaderjo swinson be our next prime minister? well, anything's possible in politics, almost anything. but asjo swinson seemed to accept today, and our voting system, it would be a huge surprise if the lib dems won outright and...
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Nov 28, 2019
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the institute for fiscal studies says neither the conservatives nor labour are being honest with votersthe election. the independent research group has examined both parties‘ manifestos and says their economic plans are not credible. here's our economics editor faisal islam . it isa it is a rather similar set of words, about the nations coffers, from the main parties. i think our manifesto is bold, it is ambitious, it is prepared for, it is thought out, and there is a grade book which fully costs it. so says the prime minister, too. fully costed manifesto, and we can make a very substantial commitment that we are making. -- grey book. all the parties campaigning stress and good housekeeping but the main message from the iss is the critical audit of the manifestos is a plague on both your houses, plans for health spending are in the same ball park with the conservatives on 3% growth a yearand labour, with the conservatives on 3% growth a year and labour, 4%. when you strip health care out, you get an interesting picture, looking at spending commitments over the next few years, the end of
the institute for fiscal studies says neither the conservatives nor labour are being honest with votersthe election. the independent research group has examined both parties‘ manifestos and says their economic plans are not credible. here's our economics editor faisal islam . it isa it is a rather similar set of words, about the nations coffers, from the main parties. i think our manifesto is bold, it is ambitious, it is prepared for, it is thought out, and there is a grade book which fully...
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Nov 21, 2019
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borrowing we've seen in peacetime history — that's according to the leading think tank the institute for fiscal studies faisal islam has been looking at labour's proposals and what impact they could have on the economy. this is a radical attempt to change britain's business model, involving notjust huge amounts of public spending and investment, but also an attempt to rewire the way the economy works. there would be significant sums going to schools and reopening sure start centres — for pre—school children, £16 billion. and more than £18 billion a year also to deal with health care and social care in particular. and £5 billion a year will be spent on an immediate pay rise — and later earning increases — for public sector workers. alongside other pledges — £83 billion in spending rises, matched, yes, by £83 billion extra taxes, that labour says it can squeeze from business and the rich. firstly, for example, a whopping £24 billion would be raised by reversing corporation tax — that's the tax on business profits. higher taxes for the top 5% of earners, those on more than £80,000 — including a 50p rate f
borrowing we've seen in peacetime history — that's according to the leading think tank the institute for fiscal studies faisal islam has been looking at labour's proposals and what impact they could have on the economy. this is a radical attempt to change britain's business model, involving notjust huge amounts of public spending and investment, but also an attempt to rewire the way the economy works. there would be significant sums going to schools and reopening sure start centres — for...
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Nov 28, 2019
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the institute for fiscal studies, very widely respected independent economic research body coming outending plans today but saying of the tories and labour that in different respects their plans are not quite as credible as it set out in the ma nifestos credible as it set out in the manifestos and saying they will have to spend more than they are suggesting and therefore presumably borrow a bit more or text a bit more, and that labour actually or perhaps struggling to deliver on the spending promises that it set out in its manifesto. 0n the face of it you might think of a well, god, it's pretty bad news for the two main parties that they are getting this level of criticism that their spending plans are being called not credible by a leading economic research body. but i suppose on the other hand i think you could argue that perhaps the electorate want to be overly surprised to hear perhaps that everything that is laid out in a manifesto does not quite turn out to be the case in government. much more on the uk election campaign on the bbc news website of course. the chinese owned socia
the institute for fiscal studies, very widely respected independent economic research body coming outending plans today but saying of the tories and labour that in different respects their plans are not quite as credible as it set out in the ma nifestos credible as it set out in the manifestos and saying they will have to spend more than they are suggesting and therefore presumably borrow a bit more or text a bit more, and that labour actually or perhaps struggling to deliver on the spending...
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Nov 22, 2019
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the institute for fiscal studies has raised doubts about that, saying that actually a broader set ofbe needed to fund the extent of labour's big spending plans. the shadow chancellorjohn mcdonnell has been giving his reaction to that this morning. i don't think they've taken into account the whole range of the policies that we've been developing, that are set out in the manifesto. they're arguing, for example, that if we increase corporation tax, if we withdraw the corporation tax cuts that the tories have given the big corporations, somehow, that will result in lower wages or increased prices. well, there's no evidence to suggest that whatsoever, just as there's no evidence to suggest, if you give them tax cuts, that they'll invest. so, labour, continuing to say that it isa so, labour, continuing to say that it is a fully costed manifesto plan, a very radical plan, outlined yesterday, including renationalisation, massive changes to social care, huge investment in public services. the conservatives, unsurprisingly, criticising labour's plans, suggesting that they are not remotely aff
the institute for fiscal studies has raised doubts about that, saying that actually a broader set ofbe needed to fund the extent of labour's big spending plans. the shadow chancellorjohn mcdonnell has been giving his reaction to that this morning. i don't think they've taken into account the whole range of the policies that we've been developing, that are set out in the manifesto. they're arguing, for example, that if we increase corporation tax, if we withdraw the corporation tax cuts that the...
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Nov 6, 2019
11/19
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instead of the latest forecasts from the treasury, a leading economic research group, the institute for fiscal studies how the public finances are doing. our economics editor, faisal islam, has more details. it the budget that never was — due today but cancelled by the chancellor, alongside the key updates to forecasts for borrowing. others have done those calculations and they point to a rather different argument over tax, and spend and the difference between them — the deficit — during the election campaign. first up, here's the existing, official forecast for borrowing over the next five years. they come from march and you'll see low deficit, way lower than the 100 billion plus we had a decade ago — basically falling pretty much to zero. and here are what the forecasts could've been, according to the ifs, if the budget had happened today. much higher in every year. in fact, the deficit staying at around £45—50 billion all the way out. let's focus on the current fiscal year — £55 billion. about half of the increase over the past few months comes from an accounting change to the way that student loan
instead of the latest forecasts from the treasury, a leading economic research group, the institute for fiscal studies how the public finances are doing. our economics editor, faisal islam, has more details. it the budget that never was — due today but cancelled by the chancellor, alongside the key updates to forecasts for borrowing. others have done those calculations and they point to a rather different argument over tax, and spend and the difference between them — the deficit — during...
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Nov 24, 2019
11/19
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that prompted pauljohnson, the director of the institute for fiscal studies to raise a sceptical eyebrowormous amount there. i think the triple tax lock, as they call it, not increasing income tax, vat or national insurance, could come back to bite them, as it did actually before the 2017 election because they had a similar pledge in 2015 and that stopped even modest increases on some very low rates of national insurance. if we are going to undue austerity to any extent and indeed if we are going to cope with the fact we are going to need more money for the health service, need more money for pensions, at some point over the next decade, we are going to have to raise taxes or accept that we are going to have much less in the way of public services, the nhs and so on than we have got used to, and i think neither party really is taking that serious message to the electorate. if you want to better public services, you are going to have to pay. in labour's case, they are saying, "well, someone else will pay." and in the conservative's case, they are saying, well, nobody needs to pay. it isa
that prompted pauljohnson, the director of the institute for fiscal studies to raise a sceptical eyebrowormous amount there. i think the triple tax lock, as they call it, not increasing income tax, vat or national insurance, could come back to bite them, as it did actually before the 2017 election because they had a similar pledge in 2015 and that stopped even modest increases on some very low rates of national insurance. if we are going to undue austerity to any extent and indeed if we are...
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Nov 6, 2019
11/19
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borrowing since 2012 as a proportion of national income according to researchers at the institute for fiscal studiesa green new deal. it means decarbonising every single sector of the economy. energy, industry, agriculture, transport and housing. it is a rapidly growing out renewable energy in britain so that we are net zero carbon by 2030. eliminating carbon by 2030 is 20 years sooner than the current uk target for net zero emissions, which many experts would regard as extremely ambitious. you can find more information online. throughout the election campaign, the bbc will be looking at key issues, explaining the policies that are being talked about and some that aren't. find the explainers at bbc.co.uk/news, or on the bbc news app. we will take a look at some of the other main stories. we will take a look at some of the other main stories. the climate activist group extinction rebellion has won a legal challenge against the metropolitan police, following the force's decision to ban the group protesting across the capital. lawyers acting for extinction rebellion say the met now faces claims for fal
borrowing since 2012 as a proportion of national income according to researchers at the institute for fiscal studiesa green new deal. it means decarbonising every single sector of the economy. energy, industry, agriculture, transport and housing. it is a rapidly growing out renewable energy in britain so that we are net zero carbon by 2030. eliminating carbon by 2030 is 20 years sooner than the current uk target for net zero emissions, which many experts would regard as extremely ambitious. you...
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Nov 21, 2019
11/19
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the head of the leading think tank the institute for fiscal studies says labour's plans would see theowing we've seen in peacetime history. pauljohnson says the scale of this is enormous. 0ur economics editor faisal islam has been looking at labour's proposals. what impact could they have on the economy? this is a radical attempt to change britain's business model, involving notjust huge amounts of public spending and investment, but also an attempt to rewire the way the economy works. there will be significant sums going to schools and reopening sure start centres — for pre—school children. £16 billion. and more than £18 billion a year also to deal with health care and social care in particular. and £5 billion a year will be spent on an immediate pay rise — and later earning increases — for public sector workers alongside other pledges — £83 billion in spending rises, matched, yes, by £83 billion extra taxes that labour says it can squeeze from business and the rich. firstly by reversing corporation tax cuts over the past decade a whopping £24 billion. higher taxes for the top 5% of
the head of the leading think tank the institute for fiscal studies says labour's plans would see theowing we've seen in peacetime history. pauljohnson says the scale of this is enormous. 0ur economics editor faisal islam has been looking at labour's proposals. what impact could they have on the economy? this is a radical attempt to change britain's business model, involving notjust huge amounts of public spending and investment, but also an attempt to rewire the way the economy works. there...
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Nov 24, 2019
11/19
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the people we always turn to in times of financial promises is the institute for fiscal studies, presumablyeeled out quite a lot in this election campaign because of the premises. there are lots and lots of money being promised by both of the main parties and some of the smaller parties and some of the smaller parties as well. not necessarily so much where the money is coming from. pauljohnson from the iss has been on the andrew marr show and frankly, he is not terribly impressed by the promises that i'll parties are making about how they are going to fund their manifesto commitments. there is really not an enormous amount there. i think the triple tax lock as they call it, not increasing income tax, vat or national insurance, to come back to bite them as it did before the 2017 election because they had a similar pledge in 2015 and that stopped even modest increases on some very low rates of national insurance. if we are going to undo austerity to any extent and we are going to cope with the fact we are going to cope with the fact we need more money for the health service, for pensions, at
the people we always turn to in times of financial promises is the institute for fiscal studies, presumablyeeled out quite a lot in this election campaign because of the premises. there are lots and lots of money being promised by both of the main parties and some of the smaller parties and some of the smaller parties as well. not necessarily so much where the money is coming from. pauljohnson from the iss has been on the andrew marr show and frankly, he is not terribly impressed by the...
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Nov 22, 2019
11/19
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the shadow chancellor, john mcdonnell, has rejected claims from the think—tank the institute for fiscal studiesitments can't be met with 95% of taxpayers paying no extra tax. the instititute also suggested that increasing corporation tax would result in lower wages and higher prices. i don't think they've taken into account the whole range of the policies that we've been developing, that are set out in the manifesto. they're arguing, for example, that if we increase corporation tax, if we withdraw the corporation tax cuts that the tories have given the big corporations, somehow, that will result in lower wages or increased prices. well, there's no evidence to suggest that whatsoever. the conservatives have announced that if they win the election, foreigners buying properties in england will be forced to pay 3% more in stamp duty than uk residents. the party says it would raise up to £120 million a year that would be used to help tackle rough sleeping. later tonight, the leaders of the conservatives, labour, the liberal democrats and the snp will be quizzed by audience members on a bbc question
the shadow chancellor, john mcdonnell, has rejected claims from the think—tank the institute for fiscal studiesitments can't be met with 95% of taxpayers paying no extra tax. the instititute also suggested that increasing corporation tax would result in lower wages and higher prices. i don't think they've taken into account the whole range of the policies that we've been developing, that are set out in the manifesto. they're arguing, for example, that if we increase corporation tax, if we...
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Nov 24, 2019
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the institute for fiscal studies will be looking at it very closely and probably are read out from themes are saying they are not going to raise the core taxes, the numbers add up? for most of us we are not in a position to judge this, and we can't necessarily spot all the little inconsistencies and the small print after the main policy announcement. we see the headline and we respond to the headline and we respond to the headline but the detail of that not only how it is funded but actually who will benefit by how much, politicians can round up the amounts of money people will benefit by. all of money people will benefit by. all of these papers today contain spending pledges, pretty much with the exception of the mail on sunday and the sun and newspapers have responsibility about how they push this out and take these lines. it is not sexy to make sure we are not sure about the spending pledges but they are throwing money at voters ahead of this election. given the organisation you work for and the effo rts organisation you work for and the efforts you are making to try and deal with fa
the institute for fiscal studies will be looking at it very closely and probably are read out from themes are saying they are not going to raise the core taxes, the numbers add up? for most of us we are not in a position to judge this, and we can't necessarily spot all the little inconsistencies and the small print after the main policy announcement. we see the headline and we respond to the headline and we respond to the headline but the detail of that not only how it is funded but actually...
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Nov 21, 2019
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first there is scepticism from people like the independent institute for fiscal studies.nches have looked at what they say they can raise from higher taxes on business and higher taxes on the wealthy which is extensive and say there is no way they can be sure that they would be able to raise anything like the amount they want to. take it all with a big bucket of salt. it is not all about giving things to people who have the hardest time because throughout this manifesto, chris i don't know if you would agree, there isa don't know if you would agree, there is a lot of the concept of universality as we will say. what is that? brexitcast or zenda brexitcast or his one and all, it means everybody gets the frame seat —— same free cell. people who might be labour voters or some labour candidates, former labour mps, business and people at the top are being asked to subsidise everybody. so free tuition freeze for the kids of billionaires. free dental checks for people who've got loads and loads of dosh because jeremy corbyn's labour party believes very strongly in the concept of
first there is scepticism from people like the independent institute for fiscal studies.nches have looked at what they say they can raise from higher taxes on business and higher taxes on the wealthy which is extensive and say there is no way they can be sure that they would be able to raise anything like the amount they want to. take it all with a big bucket of salt. it is not all about giving things to people who have the hardest time because throughout this manifesto, chris i don't know if...
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Nov 24, 2019
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no wonder that the director of the institute for fiscal studies sounded sceptical this morning.nk the triple tax lock as they call it not increasing income tax, national insurance or vat could come back to bite them as it did before the 2017 election. they had a similar pledge in 2015 and that stop them with even modest increases in national insurance. if we are going to undo austerity to any extent, and indeed if we are going to cope with the fa ct we if we are going to cope with the fact we are going to need more money for the health service, for pensions, at some point over the next decade, we are going to have to raise taxes or accept that we are going to have much less in the way of public services that we have got used to. neither party is really taking that serious message to the electorate. if you want better public services, you are going to have to pay. in labour's case they are saying that someone else will buy and conservatives are saying that nobody needs to pay. buy and conservatives are saying that nobody needs to paym buy and conservatives are saying that nobody
no wonder that the director of the institute for fiscal studies sounded sceptical this morning.nk the triple tax lock as they call it not increasing income tax, national insurance or vat could come back to bite them as it did before the 2017 election. they had a similar pledge in 2015 and that stop them with even modest increases in national insurance. if we are going to undo austerity to any extent, and indeed if we are going to cope with the fa ct we if we are going to cope with the fact we...
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Nov 5, 2019
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that has been described as the instep student for fiscal studies —— institute for fiscal studies is are published la st budget numbers which were published last month. many people think we are being cautious. but it is very good news for people who aren't sure about voting remain or are wondering about voting remain or are wondering about the liberal democrats because now we can so there would be this remain bonus. we would be able to avoid extra investment in our schools, future and education and tackling inequality. it a pot of money that won't be available to either the conservatives or the labour party. jeremy corbyn says he will get brexit sorted in six months. that involves getting a new deal be negotiated and putting it forward to a referendum. the conservatives trying to undermine that, a letter sent from boris johnson tojeremy corbyn questioning if he can do that within six months and asking him to come clean on his position on whether he would back remain in that referendum he wants to hold. in a few minutes we'll be talking to the conservative mp and cabinet minister, micha
that has been described as the instep student for fiscal studies —— institute for fiscal studies is are published la st budget numbers which were published last month. many people think we are being cautious. but it is very good news for people who aren't sure about voting remain or are wondering about voting remain or are wondering about the liberal democrats because now we can so there would be this remain bonus. we would be able to avoid extra investment in our schools, future and...
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Nov 28, 2019
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. >>> we've got some news out of the institute for fiscal studies in the uk that's been examining somef the spending and taxation plans from the political parties ahead of the december 12th election it's pretty scathing to be honest about all f of them saying neither the conservative nor the labor spending plans are, quote, properly credible. talking about the fact it's likely that the conservatives will spend more than they're promising to do. >> they seem to be on the whole initially a little bit underw m whelm m whelmed by the conservative party manifesto and saying they'll have to spend more than the manifesto implies and end up taxing or borrowing more and the conservatives are saying they don't want to increase taxes or borrowing. and the number they have put out with the manifesto are consistent with a 2% deficit keeping in mind the deficit with a deficit that would keep debt to gdp stable. they seem to be lacking a bit of credibility, and that's not getting into the labor numbers. >> saying about the labor numbers here, they will, quote, not be able to meet their highest spendi
. >>> we've got some news out of the institute for fiscal studies in the uk that's been examining somef the spending and taxation plans from the political parties ahead of the december 12th election it's pretty scathing to be honest about all f of them saying neither the conservative nor the labor spending plans are, quote, properly credible. talking about the fact it's likely that the conservatives will spend more than they're promising to do. >> they seem to be on the whole...
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Nov 22, 2019
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chancellor, john mcdonnell, has rejected claims from the independent economic think tank, the institute for fiscal studiesifesto commitments — outlined yesterday byjeremy corbyn — cannot be met with 95 per cent of taxpayers paying no extra tax. mr mcdonnell also denied the suggestion that raising corporation tax would mean wage cuts and higher prices. plaid cymru have been launching their manifesto in wales. 0ur correspondent, tomos morgan, is in nantgarw for us. wales is asked will be plaid cymru's motto for this campaign, and adam price began to speech here just outside cardiff in the constituency of pontypridd, a target seat for plaid cymru, by outlining their brexit plan, which is they do not wa nt brexit plan, which is they do not want brexit and they want a second referendum, giving the people the final say, but one of their main pledges was this £20 billion commitment to a green job revolution for wales, money for electrification of further south wales rail lines, more bus services, but also large—scale infrastructure energy projects such as three tidal lagoons, tidal barrage and a new offshore win
chancellor, john mcdonnell, has rejected claims from the independent economic think tank, the institute for fiscal studiesifesto commitments — outlined yesterday byjeremy corbyn — cannot be met with 95 per cent of taxpayers paying no extra tax. mr mcdonnell also denied the suggestion that raising corporation tax would mean wage cuts and higher prices. plaid cymru have been launching their manifesto in wales. 0ur correspondent, tomos morgan, is in nantgarw for us. wales is asked will be...
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Nov 22, 2019
11/19
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not according to the institute for fiscal studies. they called not credible.ction was very quick, when we look at the criticisms they have had they have not seen all the policies and the round and i hope we consider that first impression because economists saying it absolutely is credible and effective the matter is everything that we are proposing, speaks to the incredible challenges of our time. the conservatives, liberal democrats, the are completely uninspiring. our vision is credible and speaks to the endemic poverty, climate breakdown and all the other things people are experiencing at the end of a decade of austerity. one thing in the liver manifesto is the policy and social care, we did today there are rumours that is no deal policy on social care within the conservative manifesto, the cap is again down the road. we should wait until we see the manifesto published, see the details of that. biggest issue of the campaign is about how parliament has got a majority government conservative government to get brexit done, we cannot debate any other issue unti
not according to the institute for fiscal studies. they called not credible.ction was very quick, when we look at the criticisms they have had they have not seen all the policies and the round and i hope we consider that first impression because economists saying it absolutely is credible and effective the matter is everything that we are proposing, speaks to the incredible challenges of our time. the conservatives, liberal democrats, the are completely uninspiring. our vision is credible and...
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Nov 22, 2019
11/19
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chancellor, john mcdonnell, has rejected claims from the independent economic think tank, the institute for fiscal studiesr cent of taxpayers paying no extra tax. the instititute also suggested that increasing corporation tax would result in lower wages and higher prices. i don't think they have taken into account the whole range of the policies that we have been developing that set out in the ma nifesto, developing that set out in the manifesto, the arguing for example that if we increase corporation tax and withdraw the tax cuts that it tories have given the big corporations somehow that will result in lower wages on increased prices. there is no evidence to suggest that whatsoever. the conservatives have announced that — if they win the election — foreigners buying properties in england will be forced to pay 3% more in stamp duty than uk residents. the party says it would raise up to £120 million a year that would be used to help tackle rough sleeping. later tonight the leaders of the conservatives, labour, liberal democrats and the snp will be quizzed by audience members on a bbc question time special
chancellor, john mcdonnell, has rejected claims from the independent economic think tank, the institute for fiscal studiesr cent of taxpayers paying no extra tax. the instititute also suggested that increasing corporation tax would result in lower wages and higher prices. i don't think they have taken into account the whole range of the policies that we have been developing that set out in the ma nifesto, developing that set out in the manifesto, the arguing for example that if we increase...
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Nov 5, 2019
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the institute for fiscal studies has looked at these figures, they say it‘s difficult to economicallyexit happens. and as i said in the introduction, jo swinson putting herself forward, presenting herself as what she describes as a credible candidate for prime minister. where is she up to it with trying to make sure she gets involved in the tv leaders debates? we heard from her yesterday, obviously very angry that the suggestion that is on the table at the moment from itv as i head—to—head between borisjohnson and jeremy corbyn. and that she is not included. she says she thinks it‘s partly down to sexism, she says look back at 2010 nick clegg then liberal democrat leader was involved ina liberal democrat leader was involved in a debate with the other parties. so they are taking legal advice, we know that senior members of the party had been to speak to itv executives about all of this. the other argument is that it means during those debates they say there is no clear voice making the case for remaining in the eu because the liberal democrats of course, say the labour party policy is
the institute for fiscal studies has looked at these figures, they say it‘s difficult to economicallyexit happens. and as i said in the introduction, jo swinson putting herself forward, presenting herself as what she describes as a credible candidate for prime minister. where is she up to it with trying to make sure she gets involved in the tv leaders debates? we heard from her yesterday, obviously very angry that the suggestion that is on the table at the moment from itv as i...
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Nov 28, 2019
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the institute for fiscal studies says neither the conservatives nor labour, are being honest with votersindependent research group has examined both parties‘ manifestos, and says their economic plans are not credible. our economics editor, faisal islam joins me now. what is it about the numbers that don't add up? fruit two different reasons. heard a lot about the liberal party manifesto and numbers that are involved in terms of not just the spending but the taxation as well, and more borrowing to pay for investment spending. for a couple of reasons, suggesting the sums are so big that a government would not be able to ramp up to spend that amount of money, that was the first problem. the second problem, you've this from jeremy corbyn that the taxes that are raised and there's a large increase in taxes could all come from the top 596 in taxes could all come from the top 5% of business. the sorts of levels of taxation is not credible. it's more honest to talk about the sort of tax rises that would impact indirectly at least on the rest of the economy. if you're trying to find a big increas
the institute for fiscal studies says neither the conservatives nor labour, are being honest with votersindependent research group has examined both parties‘ manifestos, and says their economic plans are not credible. our economics editor, faisal islam joins me now. what is it about the numbers that don't add up? fruit two different reasons. heard a lot about the liberal party manifesto and numbers that are involved in terms of not just the spending but the taxation as well, and more...
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Nov 28, 2019
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the institute for fiscal studies says neither the tories or labour are offering a credible prospectusd end up spending more than a manifesto implied meaning either taxes or borrowing would rise and labour wouldn't be able to deliver on its promise to raise investment levels by 55 billion a year as the public sector doesn't have the capacity to ramp up that much that quickly. let us get a quick response from jonathan to that. you're hearing that. how much do you think the conservatives are going to have to react to this and how much will it dominate the agenda today? there has certainly been a huge amount of scrutiny on labour and the conservatives and the other parties‘ spending plans but with labour in mind their plans represent what they describe as a radical plan for change in the uk and it would see a huge amount of investment and spending on public services which would be far more than anything we have seen under any government in the previous few decades and it is that central claim that the labour party plans to tax the richest in society and business and corporations primarily
the institute for fiscal studies says neither the tories or labour are offering a credible prospectusd end up spending more than a manifesto implied meaning either taxes or borrowing would rise and labour wouldn't be able to deliver on its promise to raise investment levels by 55 billion a year as the public sector doesn't have the capacity to ramp up that much that quickly. let us get a quick response from jonathan to that. you're hearing that. how much do you think the conservatives are going...
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Nov 29, 2019
11/19
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BLOOMBERG
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yesterday, the institute for fiscal studies warned that both major u.k.edible fiscal plan. joining us is richard jones in berlin. your thoughts on the pound? we have got the election in a couple of weeks. brexit will be back on the radar. with all of that in mind we focus on the consumer story of how that holds up. i think the consensus there was a feeling that this would lift the pound because we will get the withdrawal agreement passing quite easily in parliament that would give more certainty on brexit. but we have not seen that because that has been the best case for traders. the expectation is that the government would be able to pass a withdrawal agreement but some of the longer-term concerns about the length of the transition and how tight that would be were longer-term things. found it interesting and you highlighted that the institute sayingcal studies is that both conservatives and labor do not have a credible fiscal plan. it is under either government taxes would have to rise. household spending is something that is key to the economy and the l
yesterday, the institute for fiscal studies warned that both major u.k.edible fiscal plan. joining us is richard jones in berlin. your thoughts on the pound? we have got the election in a couple of weeks. brexit will be back on the radar. with all of that in mind we focus on the consumer story of how that holds up. i think the consensus there was a feeling that this would lift the pound because we will get the withdrawal agreement passing quite easily in parliament that would give more...
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Nov 6, 2019
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highest level since 2012 as a proportion of national income, according to researchers at the institute for fiscal studiesing every single sector of the economy. energy, industry, agriculture, transport, and housing. it is rapidly rolling out renewable energy in britain so that we are net zero carbon by 2030. eliminating carbon by2030 carbon by 2030. eliminating carbon by 2030 is 20 years sooner than the current target, which many experts would regard as extremely ambitious. a new feature, your, questions answered. you will hear a lot of this on the bbc news channel and website. we are keen for you to get in touch... today our chief political correspondent is on hand to answer questions. is the number of mps stepping down at this election higher than usual? this in the context of having another election only two years ago. that is a point here. it is below average. itjust that is a point here. it is below average. it just feels that is a point here. it is below average. itjust feels like a lot of them. by last night it was 66, today conservative ed vaizey said he was standing down. i think we are at 67, l
highest level since 2012 as a proportion of national income, according to researchers at the institute for fiscal studiesing every single sector of the economy. energy, industry, agriculture, transport, and housing. it is rapidly rolling out renewable energy in britain so that we are net zero carbon by 2030. eliminating carbon by2030 carbon by 2030. eliminating carbon by 2030 is 20 years sooner than the current target, which many experts would regard as extremely ambitious. a new feature, your,...
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Nov 25, 2019
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is an extra £83 billion a year which is an enormous sum of money, sum of money that the institute for fiscal studiesd it be spent on? the tories did not invent poverty but for gordon to deny that it's massively increased since 2010 is frankly amazing. —— the isle of sheppey. 40% increase in food bank, massive increase in poverty. what would labour do? large numbers of people working, the 83 million pounds looks like a lot of money 83 billion. sorry, but it indicates the importance of the job that we are facing so what would labour do? the economy locally is very important, we had missed opportunities during gordon ‘s time with the closure of the steel mill. what would you do? the wind turbine fabrication. i did everything i could to keep the steelworks open, i was marching with steelworkers, where were you, where were you? what we re where were you, where were you? what were you where were you, where were you? what were you when they lost their pensions? i was marching. there are plenty of opportunities that have been missed and labours green new deal represents 320 it happened undera labour deal re
is an extra £83 billion a year which is an enormous sum of money, sum of money that the institute for fiscal studiesd it be spent on? the tories did not invent poverty but for gordon to deny that it's massively increased since 2010 is frankly amazing. —— the isle of sheppey. 40% increase in food bank, massive increase in poverty. what would labour do? large numbers of people working, the 83 million pounds looks like a lot of money 83 billion. sorry, but it indicates the importance of the...
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Nov 6, 2019
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promising to boost spending on public services, a leading economic research group, the institute for fiscal studieset that never was — due today but cancelled by the chancellor alongside the key updates to forecasts for borrowing. others have done those calculations and they point to a rather different argument over tax, spend and borrowing during the election campaign. first up, here's the existing, official forecast for borrowing over the next five years. they come from march and you'll see low deficit, way lower than the 100 billion plus we had a decade ago — basically falling pretty much to zero. and here are what the forecasts could have been, according to the ifs, if the budget had happened today. much higher in every year. in fact, the deficit staying at around 45 to £50 billion all the way out. let's focus on the current fiscal year — £55 billion, but half of the increase over the past few months comes from an accounting change to the way that student loans are perceived to be likely to be written off. then, there is the extra spending at spending review on police and schools and there's al
promising to boost spending on public services, a leading economic research group, the institute for fiscal studieset that never was — due today but cancelled by the chancellor alongside the key updates to forecasts for borrowing. others have done those calculations and they point to a rather different argument over tax, spend and borrowing during the election campaign. first up, here's the existing, official forecast for borrowing over the next five years. they come from march and you'll see...
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Nov 11, 2019
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the report from institute for fiscal studies shows that an extra 4 billion a year would be needed onlabour's pledge of 6 billion. and your plan is also only to provide free adult social ca re only to provide free adult social care for the over 65s so it wouldn't help adam and it wouldn't help jaxon. it is a plan that falls short in terms of money and access. it is not good enough, is it? you are only talking about one particular aspect of our plan. there are four strands to our proposals for social care. the first one is we have already pledged £8 billion across the parliament to do with the care crisis. what we have just heard there from the people with you, victoria, is a crisis and a scandal. people shouldn't have to be fighting the system as they are and it is totally wrong. in the first place we had already pledged £8 billion. the free personal care comes on top of the money we had already pledged to deal with the crisis. then we are also going to propose a cap on care costs, said the catastrophic costs that you heard there, 130,000 being spent on care, there will be a cap on ca
the report from institute for fiscal studies shows that an extra 4 billion a year would be needed onlabour's pledge of 6 billion. and your plan is also only to provide free adult social ca re only to provide free adult social care for the over 65s so it wouldn't help adam and it wouldn't help jaxon. it is a plan that falls short in terms of money and access. it is not good enough, is it? you are only talking about one particular aspect of our plan. there are four strands to our proposals for...
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Nov 6, 2019
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highest level since 2012 as a proportion of national income, according to researchers at the institute for fiscal studiesing out renewable energy in britain so that we are net zero carbon by 2030. now eliminating carbon by 2030 is 20 years sooner than the current uk target for net zero emission, which many experts would regard as extremely ambitious. sophie hutchinson. police have made one arrest, following the death of three adults and six children in northern mexico. the group was travelling in a convoy of vehicles which is believed to have been attacked by a suspected drugs cartel. all those who died were dual us—mexican citizens. our correspondent will grant sent this report: this grisly video, taken by a distraught family member, shows the extent of the violent attack on the lebaron mormon family. ido i do apologise just as we are getting into that report, boris johnson has appeared at the podium, let's listen into his campaign rally speech. fantasy to be here in birmingham wherever great conservative mayor has taken the repression of having every street named after him. i'm happy to see of you here
highest level since 2012 as a proportion of national income, according to researchers at the institute for fiscal studiesing out renewable energy in britain so that we are net zero carbon by 2030. now eliminating carbon by 2030 is 20 years sooner than the current uk target for net zero emission, which many experts would regard as extremely ambitious. sophie hutchinson. police have made one arrest, following the death of three adults and six children in northern mexico. the group was travelling...