the institute for fiscal studies predicts that for many middle—income families, living standards willey. hi, how are you? really nice to see you. he�*s enthusiastic, but how will the public feel about rishi sunak�*s budget? after the treasury�*s big pitch yesterday, today is about the detail. oh, i do, it�*s controversial. mr sunak was spending his cash at the bury market this morning, but over the next few years he�*s going to be spending a lot of taxpayer money too, funded by the biggest tax burden since the �*505. so, will it be worth it? people should have reassurance that because of the plan we put a place a year ago to ensure that our economy now is recovering strongly, more people are in work and wages are rising, we can face the future with a bit more confidence. and yesterday we did take action and noticeably we froze fuel duty, especially when fuel prices are at almost a ten—year high, but also we cut the tax on the lowest paid people, which i think will make an enormous difference. that�*s a reference to universal credit changes which will allow in—work claimants to keep mo

when you hear what the think-tank i thinks and the institute institute | for fiscal studies and talking the row paid. they have come up with a figure that the tax burden, the extra tax on the average household is £3,000 as a result of this budget and the last within. is that a figure you sign up to, or as an economist do you think that is a suspect number? there were two taxes that announced at conference. one is private equity managers, their bonuses should be taxed as income, not as capital gains. that would raise several hundred million pounds every year. but also private schools that enjoy tax privileges, because they are counted as charities, those tax privileges, whereby they don't pay vat or business rates, those privileges should be ended and that would bring in {1.7 billion. so there are tax increases that i would support that the government aren't doing, but there are tax increases that the government are doing, like the increase in national insurance contribution that ijust think is wrong. and we would not do doing. if you say you wanted to spend and tax wisely, cutting the v

the social care crisis which was nice but boris johnson is not enough, according to the institute for fiscal studiese times writes that borisjohnson was back in the multimillion pound bailout of industries struggling with hike gas prices. the chancellor lost the battle with the business secretary. let's plunge straight and sam, do you want to kick off of the guardian forests? uk feelings among the worst in history? this guardian forests? uk feelings among the worst in history?— the worst in history? this is the long-awaited — the worst in history? this is the long-awaited committee - the worst in history? this is the long-awaited committee and i the worst in history? this is the - long-awaited committee and science long—awaited committee and science and technology committee and the health committee and greg clark and jeremy hunt have been conducting an inquiry into the governments handling of the covid—i9 crisis and it is not the official inquiry for next spring or has been ongoing over recent months. a lot of expert witnesses and the findings are quite unsurprising to anyone who has been following

as we know energy bills are still rising, the institute for fiscal studies are forecasting that essentiallya boost to their way of life is still a long way off. to their way of life is still a long wa off. ., ., , ., way off. from what i understand, the labour leader — way off. from what i understand, the labour leader was _ way off. from what i understand, the labour leader was meant _ way off. from what i understand, the labour leader was meant to _ way off. from what i understand, the labour leader was meant to be - way off. from what i understand, the labour leader was meant to be at - way off. from what i understand, the labour leader was meant to be at the | labour leader was meant to be at the dispatch box, but he was diagnosed with covid in the morning. there are no particular stories about labour on the front pages, but what do you make of the opposition's response to the budget? it make of the opposition's response to the budaet? ., , ., ., , ., ., . the budget? it was a fairly dramatic mornin: the budget? it was a fairly dramatic morning before _ the budget? it was a fairly drama

all of the commentary, whether it was from the commentary, whether it was from the institute for fiscal studiesw dill not, respected, independent people, or the resolution foundation described the tax rise _ resolution foundation described the tax rise as _ resolution foundation described the tax rise as progressive. that is because — tax rise as progressive. that is because there was with the broadest shoulders. _ because there was with the broadest shoulders, he will earn the most, will pay— shoulders, he will earn the most, will pay the — shoulders, he will earn the most, will pay the most. so 15% of taxpayers will end up paying over half of _ taxpayers will end up paying over half of the bill.— half of the bill. there are certainly _ half of the bill. there are certainly a _ half of the bill. there are certainly a lot _ half of the bill. there are certainly a lot of- half of the bill. there are certainly a lot of wishfull half of the bill. there are - certainly a lot of wishful thinking on the air at this conservative party conference, that in an ideal world, in the buildup to the next elec

the institute for fiscal studies said that inflation and higher taxes on incomes would negate small wageadviser at the centre for economic and business research in london. thank you forjoining us here on bbc news. could he have done more? well. news. could he have done more? well, es. ithink news. could he have done more? well, yes. i think there _ news. could he have done more? well, yes. i think there is _ news. could he have done more? well, yes. i think there is a _ news. could he have done more? well, yes. i think there is a real— news. could he have done more? it yes. i think there is a real worry that quite a lot of people are not going to feel at all richer over the next year, the interesting thing is that if disposable income fell significantly during the pandemic, all the lockdowns that we've seen causing all sorts of parts of the economy obviously affected income vary significantly, and what we have seen since is that taxes have been going up in a strange way, they haven't been affecting people quite yet because many of them are happening as of next year, particularly the incr

the institute for fiscal studies _ and indeed others. ividual. some people won't be working full—time. it depends on how many— be working full—time. it depends on how many hours they work and other situations _ how many hours they work and other situations around them. but nonetheless, it is still a 6.6% increase _ nonetheless, it is still a 6.6% increase. it is balanced with the needs— increase. it is balanced with the needs of— increase. it is balanced with the needs of business to make sure they can keep _ needs of business to make sure they can keep giving those jobs as well in the _ can keep giving those jobs as well in the first— can keep giving those jobs as well in the first place. you can keep giving those 'obs as well in the first place.i in the first place. you are on this mornin: in the first place. you are on this morning to _ in the first place. you are on this morning to talk _ in the first place. you are on this morning to talk about _ in the first place. you are on this morning to talk about small i morning to talk about

according l to a post-budget predictions by to a post—budget predictions by the institute for fiscal studiesce years of stagnating living standards. do you agree? well, i mean, standards. do you agree? well, i mean. facing _ standards. do you agree? well, i mean, facing a _ standards. do you agree? well, i mean, facing a period - standards. do you agree? well, i mean, facing a period where i i mean, facing a period where taxes are rising and the national insurance contribution is increasing. and then, at the same time, at least in the short or medium term we have higher inflation, notjust in the uk but in quite a lot of other countries around the world and that will put pressure on the ability of households to spend. their purchasing power will be reduced. purchasing power will be reduced-— purchasing power will be reduced. ., ,, , . reduced. thank you very much for our reduced. thank you very much for your time. _ reduced. thank you very much for your time. indonesia - reduced. thank you very much for your time. indonesia tookl reduced. thank you very much | for your time. indonesia took a

now, rachel, as a good geek, i am sure you will have been looking at what the institute for fiscal studiesl, in the end, not increase our carbon emissions. well, first of all i'm glad that you know the chancellor was in bury this morning, because he thought he was in burnley. it was a slip of the tongue, a tiny slip of the tongue. really? so, he was in bury this morning and said that. that tax measure of getting rid of air passenger duty on domestic flights cost £300 million. and the budget documents said that it will mean 410,000 additional domestic flights. ijust don't think that's a good use of taxpayer money, to subsidise people making domestic flights. instead, we should be investing in our rail network, so that people have got a proper alternative. but also, we are not even on target to meet our 2035 carbon reduction targets. and so, every little measure that moves us in the wrong direction means we are even further away from meeting those carbon reduction targets. and i do find it astonishing that the week before the cop26 conference, that the government chooses to make this a flags

analysts from the independent body the institute for fiscal studies say inflation and higher taxes willl out small wage increases for average earners. and those who aren't in work could feel "real pain", as the cost of living rises faster than benefit payments. with more, here's our economics editor, faisal islam. 1.50, raspberry or blueberry. in doncaster, south yorkshire, the market's busy, but what the chancellor calls his new age of economic optimism hasn't quite arrived. with heating going up, gas going up, everything. i do agree with some of the budget, but not all of it, i mean obviously the wages are not going up as much as they should do, they need to take into consideration people that actually live in the real world. if they putting the minimum wage up, they're going to have to put _ everybody else's wages up, | otherwise it's not fair, is it? that reflects the picture of the post budget analyses. yes, the economy has rebounded, but, say the ifs, rising prices and taxes are leading to several further years of very slow growth in living standards. let's have a look at how all

i'm joined by pauljohnson, director of the institute for fiscal studies. good morning. nation with regard to the public finances?— we as a nation with regard to the public finances? obviously, we have the bi est public finances? obviously, we have the biggest level— public finances? obviously, we have the biggest level of _ public finances? obviously, we have the biggest level of borrowing - public finances? obviously, we have the biggest level of borrowing everl the biggest level of borrowing ever in peace time last year and so debt has increased. we have got a pretty high level of borrowing this year but borrowing is much lower, significantly lower than expected because the economy has bounced back quite a lot faster. and looking two or three years hence, quite remarkably, actually, it looks like borrowing will be completely under control, back down to the kind of levels we might have expected had it not been for the pandemic. so as far as the public finances are concerned, i think the chancellor is going to be pretty pleased. i think he is going to get some good news

the institute for fiscal studies. thank you forjoining us this morning. es significantly in the last year, big tax rises announced. he is looking to push the size of the state level is the uk has really not seen very often outside of rather unusual years. the reason we still think it will be pretty tough for many government departments is no real growth over the next few years, combined with pressures from covid on many public services, combined with the fact he has already tied his hands by allocating money to areas like the nhs, schools, defence and aid. that means that the rest of the budget, about a third of the budget, which is what he will allocate in the next couple of weeks, faces a bit of a spending squeeze over the next two years. and that includes areas like prisons, the courts, local authorities, where there has been a considerable squeeze over the last ten years. so it will be a very tough spending review for at least the next two years and then next few years. boris johnson years and then next few years. boris johnson may — years and then nex

i�*ve been getting reaction from pauljohnson who�*s the director of the institute for fiscal studies.acks capital spending to its highest level. national income since the early 1980s always get a fair bit of space there. 0n the other side, on the day today spending he�*s got less wiggle room. that�*s despite quite big increases in total over the next three years. if you look at his total increase, 3% a year, that�*s much closer to the sort of numbers gordon brown was talking about in the 2,000. but he�*s spending so much of that on the national health service, he hasn�*t actually gotten off a lot left for everything else. come wednesday in terms of everyday people we are going to be keeping our eye on vat on energy bill, alcohol tax, capital gains, tax rates, student loan thresholds and minimum wage rise as well as pension. who is going to lose out, or who is likely to lose out on wednesday? there�*s a lot of pressure on the chancellor, isn�*t there? i don�*t think there will be any big losers. don�*t forget this year is already been the biggest tax rise year since at least 1993. we�*

towards the spring there are national insurance rises on the way and a warning from the institute for fiscal studiesld go up in the spring. the eu's preparing to table new proposals for the northern ireland protocol next week, according to the european commission vice president. marcos sefcovic says he hopes they'll form the basis for talks with the uk. the protocol avoids a hard border on the island of ireland by keeping northern ireland in the eu's single market for goods. but unionists argue it creates a trade border between northern ireland and great britain, undermining its constitutional position as part of the uk. natwest bank has pleaded guilty to failing to prevent alleged money—laundering of nearly £400 million by one customer. the city regulator said natwest did not monitor the account of a bradford —based jeweller which was shut down following a police raid in 2016. it is the first time a uk financial institution has faced criminal prosecution under anti—money laundering laws. today marks the 20th anniversary of us airstrikes against al-qaeda in afghanistan following the 9/11 attacks — t

institute for _ credit. pauljohnson of the institute for fiscal - credit. pauljohnson of the| institute for fiscal studies sarah and other events has damaged public trust. so today i am announcing that we will be doing a review that will be led by a high—profile independent person, and the review will look at our internal culture and our professional standards, systems, processes, leadership, training, to make sure that we are the best possible met police we can be. and i am absolutely determined that we will rebuild public trust as soon as we possibly can. rebuild public trust as soon as we possibly can-— rebuild public trust as soon as we possibly can. some people will say that that is — possibly can. some people will say that that is not _ possibly can. some people will say that that is not enough, _ possibly can. some people will say that that is not enough, that i possibly can. some people will say that that is not enough, that you l that that is not enough, that you should resign.— should resign. people will be entitled to _ should resign. people will be entitled to their _ should resign. people wil

pauljohnson is from the institute for fiscal studies. thank you forjoining us on bbc news.how is going to spend of the next - this budget? is already set how is going to spend of the next few i this budget? is already set how is i going to spend of the next few years was a piece got quite a lot of money to spend on infrastructure and capital projects which could go towards his net zero and levelling up towards his net zero and levelling up ambitions. indeed his aim is to bring backs capital spending to its highest level. national income since the early 1980s always get a fair bet his face they are. on the other side, on the day today spending he�*s got less wiggle room. that�*s despite quite big increases in total over the next three years. if you look at his total increase, 3% a year, that�*s much closer to the sort of numbers gordon brown was talking about in the 2,000. but he spending so much of that on the national health service, he hasn�*t actually gotten off a lot left for everything else come wednesday in terms of everyday people we are going to be keeping our eye o

meanwhile, the institute for fiscal studies has warned there's no room for big spending announcements smaller than projected pre—pandemic. this is despite plans for the biggest rise in taxes for more than 25 years. g20 leaders are holding a virtual summit today to discuss afghanistan after the taliban's takeover there. leaders, including us presidentjoe biden, will be exploring ways to stop afghanistan again becoming a base for international terrorism, and how they can prevent a humanitarian crisis there with food prices and unemployment sprialling. yogita limaye is in kabulfor us. two months after the taliban takeover, what is life like for people that? it takeover, what is life like for people that?— takeover, what is life like for --eole that? .,, , . people that? it was difficult even before august — people that? it was difficult even before august the _ people that? it was difficult even before august the 15th, - people that? it was difficult even before august the 15th, we - people that? it was difficult even before august the 15th, we have | people that? it was difficult even -

social care crisis, borisjohnson is coming into effect and will not be enough for the institute for fiscal studiestime threats the borisjohnson bakhtin multimillion pound bailout of industries after the chancellor lost her battle with business secretary. let's kick off and starting up for the guardian front page, covid—i9 failings among the worst in history, they say. this is a report by two committees of mps, the science — a report by two committees of mps, the science committee _ a report by two committees of mps, the science committee and - a report by two committees of mps, the science committee and health . the science committee and health committee have done this big investigation to what went wrong during _ investigation to what went wrong during the pandemic and what lessons can be _ during the pandemic and what lessons can be learned and they found serious — can be learned and they found serious failings and that there was a serious — serious failings and that there was a serious problem with groupthink throughout the scientific and in ministerial sector and that did not help when— minist

i've been getting reaction from pauljohnson, who's the director of the institute for fiscal studies —nd indeed his aim is to bring capital spending to its highest level is a fraction of national income since early 1980. so he has a fair bit of space there. on the other side, on the day—to—day spending, he has less, and that is despite quite a big increase in total over the next three years. if you look at his total increases, 3% a year of that is much closer to the sort of numbers gordon brown was talking about in the 2000s. but he is spending so much of that in the national health service, he doesn't have an awful lot left for everything else. have an awful lot left for eve hinaelse. , ., �*, everything else. obviously our men's date, in everything else. obviously our men's date. in terms _ everything else. obviously our men's date, in terms of _ everything else. obviously our men's date, in terms of everyday _ everything else. obviously our men's date, in terms of everyday people, . date, in terms of everyday people, we will be keeping an eye on vat, energy bills, alcohol tax, capit

analysts from the independent body the institute for fiscal studies say inflation and higher taxes willow—income households, who'll feel "real pain," as the cost of living rises faster than benefit payments. the ifs also says the number of higher rate tax payers, is set to dramatically increase. here's our economics editor, faisal islam. raspberries and blueberries! in doncaster in south yorkshire, the market is busy but what the chancellor called his new age of economic optimism hasn't quite arrived. . ., , ., , economic optimism hasn't quite arrived. . ., , ., arrived. eating going up, gas going u, arrived. eating going up, gas going up. everything- _ arrived. eating going up, gas going up. everything- they _ arrived. eating going up, gas going up, everything. they don't - up, everything. they don't put enough — up, everything. they don't put enough up! foryour up, everything. they don't put enough up! for your living wage. | enough up! for your living wage. agree with enough up! for your living wage. i agree with some of the budget but not all. _ agree with some of the budget but not

institute for _ soaring debt. the independent institute for fiscal _ soaring debt. the independent institute for fiscal studiesor find some cash? asking students to repay their loans sooner, higher council tax, alcohol duty or a levy on online retailers. pensions or taxes on inheritance and profits. jt pensions or taxes on inheritance and rofits. . pensions or taxes on inheritance and rofits. , ., ,. , profits. it is not 'ust cuts in the chancellor's — profits. it is notjust cuts in the chancellor's sites, _ profits. it is notjust cuts in the chancellor's sites, but - profits. it is notjust cuts in the chancellor's sites, but also - profits. it is notjust cuts in the chancellor's sites, but also a l profits. it is notjust cuts in the i chancellor's sites, but also a pay rise on the way for millions. but can it keep up with the rising cost of living? inflation is currently at 3.1% and it is forecasted to rise even higher. even though the climate summit may be just around the corner, persistently high prices could force another freeze in petrol duty and there could be more support for the price we pay for home e

let�*s talk to our guest from the institute for fiscal studies.ng standards that we predict will really bite for those in the middle of the distribution or further up. we think that someone earning the median earnings of about £25,000 per year, they will see their living standards fall in real terms. br; their living standards fall in real terms. �* , ., their living standards fall in real terms. j ., . ., . ., terms. by how much? how much would the lose? terms. by how much? how much would they lose? the — terms. by how much? how much would they lose? the combination _ terms. by how much? how much would they lose? the combination of- terms. by how much? how much would they lose? the combination of rising i they lose? the combination of rising livin: costs they lose? the combination of rising living costs almost _ they lose? the combination of rising living costs almost eating _ they lose? the combination of rising living costs almost eating up - they lose? the combination of rising living costs almost eating up the - living costs almost eating up

the institute for fiscal studies says council tax in england may have to rise by as much as 5% a yearccess to a confidential settlement agreement which they believe will negate a civil claim being pursued against him. the claim was based on allegations of sexual assault made by virginia giuffre. prince andrew has always denied those allegations. 0ur correspondent nada tawfik is in new york with the latest. now with the judge's sign—off, prince andrew's legal team will very soon get their hands on this confidential document that they believe will end the civil lawsuit against him. in a previous court hearing, the prince's lawyer said that a settlement agreement reached between virginia giuffre and the sex offenderjeffrey epstein essentially absolved anyone associated with epstein from any and all potential liability. now, virginia giuffre and her legal team, and epstein's estate, have all consented to handing over that document and now they have thejudge's sign—off to do that. but her lawyer david boies has said that he believes this settlement is irrelevant to prince andrew's case. he

the institute for fiscal studies says inflation and higher taxes on incomes would negate small wage increasesft" in conservatism and says he makes "no apologies" for investing more in public services to stimulate growth evenly across the uk. our political correspondent, chris mason, has this report. any budget is a delicate mix of ingredients. first comes the chancellor's address to the commons. then it's a selling job. here we go. taxes on alcohol are being simplified... cheers! ..so a trip to a brewery was in order. to rishi! and the chancellor is out and about again this morning in what is so often a crucial time after any budget — the day after — as people start to plough through the budget documents to ferret out the details that weren't mentioned in the speech. the obr says you've raised more tax this year than any chancellor since 1993. are you happy to have that title? no, and i acknowledged it. yesterday during the budget, and i was very clear about it. i'm not... i'm not happy about that and i'm not comfortable about it _ but it is the result of the country and the economy suffering

that's despite wage increases and benefit changes.analysts from the independent body, the institute for fiscal studieses! in doncaster in south yorkshire, the market is busy but what the chancellor called his new age of economic optimism hasn't quite arrived. eating going up, gas going up, everything. they don't put enough up! for your living wage. i agree with some of the budget but not all, the weight is not. going up as much as they should do, the situation people _ living in the real world. they are going to have to put the wages up if they're putting the minimum wage up, they will have to put everybody else's up otherwise it's not fair. that reflects the picture of the post—budget analysis, despite growth having returned and joblessness are lower than expected, it is rising prices and taxes that, according to leading analyst, will lead to several further years of very slow growth in living standards. let's look at how all of this effect different types of work in the coming year. a middle earner, someone on the minimum wage, and someone on universal credit. taking into account the rise in earning

the economic think tank, the institute for fiscal studies, has warned there may be no room for big spendingancellor would need to keep a tight rein on government finances, despite planned tax rises. he's put out dominic raab taxes significantly in the past year, big tax rises announced. he is looking to push the size of the state to levels the uk is not seen very often outside of rather unusual years. but the reason why we still think it'll be tough for many government departments is that no real growth over the next few years, combined with pressures from covid on many public services, combined with the fact that he's already tight. his fan like her hands by allocating money to areas like the nhs, schools, defence and aid means that the rest of the budget, about a third of the budget actually faces a bit of a spending squeeze over the next two years. the republican governor of texas, greg abbott, has issued an executive order banning vaccine mandates in the state, including those that have been introduced by businesses within the private sector. his order is in direct conflict with the one

the economic think tank, the institute for fiscal studies, has warned there may be no room for big spendingwith pressures on many public services, combined with the fact he has already tied to sam by allocating monies to areas like the nhs, schools, defence and eight, means that the rest of the budget, about a third of the budget, actually faces a bit of a spending squeeze over the next two years. that includes areas like prisons, local authorities, where there has been a considerable squeeze over the last ten years, so it will be a tough spending review for at least the next two years in those areas. the shortlist for this year's riba stirling prize for architecture includes an eco friendly mosque in cambridge, a museum in the lake district and the centrepiece of a university in south—west london. what makes a good building? today we're travelling to the north cornwall coast. the tintagel footbridge spans a gorge about 60 metres wide and creates a link that reunites the two halves of tintagel castle for the first time in more than 500 years. when we proposed it to english heritage, i never

we were speaking to pauljohnson from the institute for fiscal studies a little earlier, to say the economicen anticipating even six months ago. i been anticipating even six months auo. ~' ~' , been anticipating even six months alo, ~ ~ , , ., ago. i think the key question here is not so much _ ago. i think the key question here is not so much the _ ago. i think the key question here is not so much the public - ago. i think the key question here is not so much the public finances as what state the economy is in because that is going to determine the public finances also. you know, people's living standards and so on and i think we are at a really critical moment in that regard. if you look at the challenges people have coming up over the winter, there are lots of price rises that are going to put a squeeze on people's pockets, and there is a cut to universal credit that the chancellor has made. you know, public services are in dire need of investment. 0n public services are in dire need of investment. on top of that, the government has said that it is committed to the net zero agenda, and it

the cost of living because also the think tanks like the resolution foundation and the institute for fiscal studiesnalysis next morning a kind ofjoining in that argument as well, and rishi sunak is pointing to the £2 billion he is putting into universal credit, the £1 billion the fuel duty freeze will cost the treasury and also a few other measures, but i think the debate over the next few days and weeks and actually the next few months, because inflation will stay quite high for quite a long time, will be about, has the government done enough to help people with a cost of living? the government will obviously say yes, the opposition and some of these think tanks will say, probably not. but interesting, adam, that— say, probably not. but interesting, adam, that this _ say, probably not. but interesting, adam, that this is _ say, probably not. but interesting, adam, that this is the _ say, probably not. but interesting, adam, that this is the kind - say, probably not. but interesting, adam, that this is the kind of - say, probably not. but interesting, adam, that this is the kind of big l adam, that

the analysis is coming through the day after and in the papers but also the institute for fiscal studies the sort of budget that gordon brown would have delivered. certainly not the sort of budget i would have delivered if i had been delivering it yesterday. delivered ifi had been delivering it yesterday-— delivered ifi had been delivering it esterda . ~ . . it yesterday. what are the top three thin . s ou it yesterday. what are the top three things you would — it yesterday. what are the top three things you would definitely - it yesterday. what are the top three things you would definitely not... i things you would definitely not... you would like to see reversed? i you would like to see reversed? i think the key thing is a tax cut you would like to see reversed? i think the key thing is a tax cut for bankers yesterday. over the period of this spending review, tax cut for bankers where £4 million. we wouldn't have done the cut to domestic flight air passenger duty. ifind it astonishing domestic flight air passenger duty. i find it astonishing that the week before the cop26 conference in

let me take you to some breaking news, this is the reaction from the institute for fiscal studies, the much of the budget was preannounced. but the director of the school studies institute, pauljohnson, says the gun which is now planning to spend more on product services and have a more generous place on euros credit that it had pre—pandemic. increases on... paid work... an increase in the national minimum wage. this means the spending review is much more similar to gordon brown's than to george osborne's, the first conservative chancellor of this government. the chancellor confirmed big increases in tax rises, and the government has set the biggest tax measures since 1993, when a certain ken clarke was chancellor. so although rishi sunak�*s aspiration is to be a tax cutter, according to the ifs, he is a tax—raising chancellor, at least this year. it now looks like a large part of those tax rises each to be spent rather than being entirely used, to reduce borrowing, as originally announced. so the government has shifted its ground, according to the ifs. will have more from them a littl

meanwhile, the institute for fiscal studies has warned there's no room for big spending announcementsaid that chancellor rishi sunak will be short on money, due to growing spending on the nhs, and an economy that's smaller than projected pre—pandemic. it's despite plans for the biggest rise in taxes for more than 25 years. the uk will set out its demands for changes to the northern ireland protocol today when the brexit minister, lord frost, makes a speech in lisbon. the protocol, agreed by both sides, prevents a hard border on the island of ireland by keeping northern ireland in the eu s single market for goods. our reality check correspondent chris morris is here. where we always start, what is the background? the where we always start, what is the background?— background? the northern ireland -rotocol background? the northern ireland rotocol is background? the northern ireland protocol is the _ background? the northern ireland protocol is the northern _ background? the northern ireland protocol is the northern ireland i protocol is the northern ireland part of the deal that took us

we will talk to pauljohnson from the institute for fiscal studies.ublic appetite? well, clearly, we see this pattern across this - we see this pattern across this budget— we see this pattern across this budget and _ we see this pattern across this budget and spending - we see this pattern across this budget and spending review, i budget and spending review, sprinkling _ budget and spending review, sprinkling bits _ budget and spending review, sprinkling bits and _ budget and spending review, sprinkling bits and bobs. - budget and spending review, sprinkling bits and bobs. i. budget and spending review, - sprinkling bits and bobs. italked about— sprinkling bits and bobs. italked about a — sprinkling bits and bobs. italked about a booster— sprinkling bits and bobs. italked about a boosterjab _ sprinkling bits and bobs. italked about a boosterjab for _ sprinkling bits and bobs. italked about a boosterjab for the - sprinkling bits and bobs. i talked - about a boosterjab for the economy. it wasn't _ about a boosterjab for the economy. it wasn't bad — abou

all of the commentary, whether it was from the institute for fiscal studies or andrew dall not or theat _ billion, you have to look at broad—based taxes. it is important it is progressive and that is what we did. it was described as such by those who looked at it. i we did. it was described as such by those who looked at it.— those who looked at it. i want to ask ou those who looked at it. i want to ask you about — those who looked at it. i want to ask you about the _ those who looked at it. i want to ask you about the pandora - those who looked at it. i want to i ask you about the pandora papers, some of them revealed a prominent tory donor who supported boris johnson's leadership campaign involved in corruption scandals. there are almost no background checks on donors as things stand with the conservative party, doesn't need to change? mr; with the conservative party, doesn't need to change?— need to change? my understanding, and this is a — need to change? my understanding, and this is a matter _ need to change? my understanding, and this is a matter for _ need to change? my unders

the institute of fiscal studies predicts that for many middle income families, living standards willoming year. here's our political correspondent nick eardley hi, how are you? really nice to see you. he's enthusiastic, but how will the public feel about rishi sunak�*s budget? after the treasury's big pitch yesterday, today is about the detail. oh, i do, it's controversial. mr sunak was spending his cash at bury market this morning, but over the next few years he's going to be spending a lot of taxpayer money, too, funded by the biggest tax burden since the �*50s. so, will it be worth it? people should have reassurance that because of the plan we put in place a year ago to ensure that our economy now is recovering strongly, more people are in work and wages are rising, we can face the future with a bit more confidence. and yesterday we did take action and noticeably we froze fuel duty, especially when fuel prices are at almost a ten—year high, but also we cut the tax on the lowest paid people, which i think will make an enormous difference. that's a reference to universal credit chan

we're joined now byjonathan cribb, senior research economist at the institute of fiscal studies. forems in the labour market for private sector workers, it seems a fairly sensible and not overwhelmingly surprising move for the government that will clearly lead to some increases in public sector pay. lead to some increases in public sector pay-— lead to some increases in public sector a. ., . , sector pay. ok, there are concerns now about _ sector pay. ok, there are concerns now about inflation, _ sector pay. ok, there are concerns now about inflation, real— sector pay. ok, there are concerns now about inflation, real concerns. are they justified? now about inflation, real concerns. are theyjustified? so now about inflation, real concerns. are theyjustified? 50 i now about inflation, real concerns. are they justified?— are they 'ustified? so i am not the kind of are theyjustified? so i am not the kind of particular _ are theyjustified? so i am not the kind of particular expert _ are theyjustified? so i am not the kind of particular expert on - kind of particular expert on inflation bu