mr. osborn's projections. if you're going to pay the existing rent of two percent, that does not sound like a good deal for us. i understand he is investing. we want to picture we understand the economics of the deal, and he is asking for further extension over time, so police is very valuable. -- so the lease is very valuable. we want to make sure we understand the return on the investment and what the poor is. i am not clear yet on what the balance is. >> we will bring that back to you. if that enat the end we had to t out, we would lose close to a billion dollars in revenue because we would have to go through the new process of bidding a new owner. since he is already there, there is of value to have a tenant on site paying rent. >> you lose a million dollars though. i would disagree with that. >> if he vacated the property and we have to go through the process we are going through now without somebody in the building, then we would lose that. >> we have to remember 10 years from now what the neighborhood w

mr. osborne said he wanted to increase tax revenue from the wealthiest and lift millions of low-paid workers out of tax. >> this budget rewards work. britain is going to earn its way in the world. there is no other road to recovery. this budget supports working families and helps those looking for work. it unashamedly backs business. and it is on the side of aspiration. those who want to do better for themselves and for their families. >> but labeled a millionary's budget. >> all he's -- a millionaire's budget. >> all he's doing is giving with one hand and taking away with the other. it's wrong priorities, wrong values, out of touch, same old torries. >> one of the most eagerly awaited films of the year will open and thousands of cinemas around the world on friday with the release of "the hunger games." an adaptation of a best-selling american teen novel. hollywood is hoping it will mark the arrival of what is -- what it badly needs, a powerful new movie franchise. tom brook has more. >> the hunger games is finally about to open in cinemas in some 50 countries around the world. this week fan

mr. osborne later on today, let's get to my next guest.'m joined by kathleen brooks, a research director here in london. great to have you on the show, kathleen. with we take a look at some of the concessions that have been made, all sorts of headlines have come out the past few days. where would you be putting your money. >> i think it will be a fiscally neutral budget. he doesn't have room to spend any money. if he's going to loosen the spigot somewhere, he'll have to make up for that somewhere else. the mansion tax could be a political move. it could potentially implicate the liberal democrats. some could be upset by that. right now you can put 50,000 pound tax in every year. some people have to say you have to be fairly wealthy to put that in anyway. that could be a fairly populous move. >> what he's trying to do is get many of the 1 in 5 under 25-year-olds back in the work force and forcing older people out of the work force to do that. >> that's quite interesting, quite good way to go. youth unemployment in the uk is much higher for

mr. osborn is arguing a cut for the top tax rate in order to promote enterprise. the former head of the u.k. border force has reached an out- of-court settlement with the home office. there is constructive dismissal after stepping down last december after relaxing immigration checks beyond what had been authorized. 8 men have been charged with the death of a man in a nightclub in the early hours of christmas day. he died from a stab wound in his back while he was at a party in the club. one man has been charged with murder. seven other men have been charged with violent disorder. this is "bbc news," these are the headlines -- the suspect in the killing of 16 afghan civilians has been named by the united states. kofi annan, the special envoy to syria, has warned that the situation in the region could be affected if the situation in the country is not handled properly. let's get more on the announcement that dr. rowan williams is to step down from his job after 10 years in charge at the end of 2012. we can speak to the president of the divinity school in berkeley, c

mr. osborn's projections show there will be $1 million in construction in improvements and another $1.5 million. a new lease will allow the implementation of updated laws and ordinances to include card check and ada requirements. a new lease will enhance the current terms by providing increased revenue opportunities through sharing in 7% of gross revenues. a new lease will allow him to attract investors needed to make this a successful venture. he has a proven track record with three other restaurants in the area. without the abil

mr. osborne is arguing for a cut in the top tax rate in order to try to promote enterprise. brody clark, former head of the u.k. border force, reached an out-of-court settlement with the home office. mr. clark brought a case for destructive dismissal after he stepped down last november over claims he relaxed immigration checks beyond what had been authorized by ministers. eight men have been charged in connection with the death of a man stabbed in a nightclub in the early hours of christmas day. 31 jerald john lee barrett died from a stab wound in his back while he was at a party in the club. nateage foerster, 22 and from manchester, has been charged with murder. seven other men faced charges with violent disorder. they're due to appear before magistrates later today. the man accused of killing 16 civilian sbsing transferred to a military base in the united states. the international envoy to syria, kofi annan, warned the situation could have a serious impact on the whole region if it's not handled properly. and into that campaign in morocco called for protest against the cou

. >> the honorable george osborne. >> mr. deputy speaker, this budget rewards work. britain is going to earn its way in the world. there is no other road to recovery. this budget supports working families and helps those looking for work. it unashamedly backs business and it is on the the sign of aspiration. those who want to do better for themselves and for their families. this budget reaffirms our unwavering commitment to deal with britain's record debt. but because we've already taken difficult decisions, this can also be a reforming budget that seeks to repair the disastrous model of economic growth that created those debts. a model that saw manufactures almost half the share of the national economy while the national debt doubled. mr. deputy speaker, this is how britain will earn its way in the world, with far-reaching tax reform. with a simpler tax system where ordinary taxpayers understand what they're being asked to pay. with a tax system that is more competitive for business than any other major economy in the world. a tax system where millions of the lowest

after the half-hour question period the chancellor george osborne will present the british government's annual budget. >> mr. mark menses. question number one, mr. speaker. thank you mr. speaker. this morning, i had meetings with ministerial colleagues and others and in addition to my duties in this house i shall have further such meetings later today. >> thank you mr. speaker, small business concerns, does the prime minister agree with me that example should be set from the very top and that those who throw the pitfall match and sets a very bad example indeed. my old friend duds make an important point, we do have a problem of a culture. the problem can sometimes go to the very top. the leader of the opposition was present to be addressing a health rally, call the sicky and three hours later it was a helpful match. and i think the question is, as well as knowing the miracle cure, i think there is an important question which was what was it that first attracted him to the multimillionaire owner of the football club. >> mr. speaker. following the prime minister's recent trip to washington, we now know that t

mr. chancellor of the exchequer, the right honorable george osborne. [cheers and applause] >> mr. deputy speaker, this budget rewards work. britain is going to earn its way in the world. there is no other road to recovery. this budget supports working families and helps those looking for work. it unashamedly backs business, and it is on the side of aspiration, those who want to do better for themselves and for their families. this budget reaffirms our unwavering commitment to deal with britain's record debt. but because we've already taken difficult decisions, this could also be a reforming budget that seeks to repair the disastrous model of economic growth that created those debts. a model that saw manufacturing almost half as a share of our national economy while the national debt doubled. mr. deputy speaker, this is how britain will earn its way in the world, with far-reaching tack reform, with a is simpler tax system where ordinary taxpayers understand what they're being asked to pay, with a tax system that is more competitive for business than any other major economy in the w

mr. deputy speaker, what about the hapless accomplice, the deputy prime minister. i do have to say, only the liberal democrats could be dumb enough to think of george osborne budget is a robin hood budget. calamity clegg strikes again. this is what he said to us a few months ago about the 50 p tax rate. no ifs, no butts. i do not believe the priority at a time like this is to give the tax cut to a tiny, tiny number of people who are much better off than anybody else. the party that once followed lloyd george now reduced to following george osborne. the party that delivered the people's budget of 1909 supporting the millionaires budget of 2012. they should be ashamed for all the talk, all the briefing, the deputy prime minister has done what he has done on every big issue. from tuition fees to the betrayal on the nhs. he has rolled over and said "yes, prime minister." the truth is that for ordinary families, it's hurting, but it's not working, and we know why. because this government has been cutting too far and too fast. what did the chancellor say? what did the chancellor say? last, last august about america's more balanced reduction plan. he said this. those who s