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not increase tax on working people, which is why they will not increase the rate of national insurance, income tax or vat a lot of the focus so far. the fact that she is going to raise national insurance for the employers, breaks that election manifesto. . , employers, breaks that election manifesto-— employers, breaks that election manifesto. ., , ,, , manifesto. that is the issue she box herself them — manifesto. that is the issue she box herself them with _ manifesto. that is the issue she box herself them with those _ manifesto. that is the issue she box herself them with those tax - manifesto. that is the issue she box herself them with those tax rises . herself them with those tax rises and what they said in the manifesto... and what they said in the manifesto. . ._ and what they said in the manifesto... ,, , ., , manifesto... she is also said she won't raise... _ manifesto... she is also said she won't raise... she _ manifesto... she is also said she won't raise... she is _ manifesto... she is also said she won't raise... she is going - manifesto... she is also said she won't raise... she is going

well, the government has ruled out raising rates of income tax, national insurance, vat and corporationpay if rachel reeves extends an existing policy of fiscal drag, freezing the threshold at which different rates of tax on income apply. a typical worker could actually pay over £100 more in tax by 2030. feel duty also could rise, again after being frozen forever in decade, something that will affect many people who work. rachel reeves has called their a budget for stripers, but fulfilling her pledges on public services and investment may mean most of us are likely to feel the pinch, at least in the short—term. to georgia now, and in the past hour the president has said that she does not recognise the results of saturday's pivotal election and that georgians have fallen victim to a russian special operation during their election. salome zourabichvili spoke of a "total falsificaytion" of the election. surrounded by opposition leaders, she called on people to gather on monday evening outside parliament in tbilisi to protest. it comes as the european union called on the electoral authoriti

well, the government has ruled out raising rates of income tax, national insurance, vat and corporation out of their pay if rachel reeves extends an existing policy of fiscal drag, freezing the threshold at which different rates of tax on income apply. a typical worker could actually pay over £100 more in tax by 2030. fuel duty also could rise, again after being frozen for over in decade, something that will affect many people who work. rachel reeves has called this a budget for strivers, but fulfilling her pledges on public services and investment may mean most of us are likely to feel the pinch, at least in the short—term. and we will have full coverage of the budget here on the bbc on wednesday. now this is the story that has got us all talking in the newsroom today. bernard — a eurasian black vulture has become the first of his kind to have stem—cell treatment to alleviate his arthritis. the 28—year—old bird of prey had been experiencing stiffness in his leg. but since undergoing the procedure at the start of the month, conservationists say his movement has improved and that bernard

that amounted to the working people bit was a kind of nice literary way of conveying the pledge to not increase national insurance, vatcome tax. it now turns out to be the position of this government that what it really was, was a way of qualifying that pledge, and it was qualifying it by saying that it was only talking about the employee rate of national insurance, but not the bit paid by businesses. and we are now reporting, it is now established fact that in this budget, the bit of national insurance paid by employers is going to go up. and that's politically complicated for this new government, partly because people think that's just not what the manifesto said, but also because a lot of people who run businesses, especially small businesses, would believe that they themselves are working people and that nevertheless, their tax bill is going to increase significantly after wednesday's budget. and so i asked bridget phillipson this morning what her definition of a working person was, and whether she is a cabinet minister who's paid more than £160,000 a year, is a working person compared to somebody who runs a small

of trust here. we promised in the manifesto that we would not - manifesto that we would not increase income tax, vat or national insurancetrue extent of the fiscal inheritance that we were about to uncover, £22 billion of a black hole, treasury reserves spent three times over, that is what we�*ve had to take some difficult decisions today about increasing national insurance contribution burdens for employers. i will say this, over half of employers, that�*s 1 million businesses across the country will not be negatively affected by the national insurance change and the smallest businesses will be taken out of national insurance altogether because of the increase in the employment allowance. in because of the increase in the employment allowance. in terms of reaction we've _ employment allowance. in terms of reaction we've had _ employment allowance. in terms of reaction we've had already - employment allowance. in terms of reaction we've had already in - employment allowance. in terms of reaction we've had already in the i reaction we�*ve had already in the last few hours since the budget was announced, so many business g

of principle. why are people who run businesses not working people under the chancellor's own definition? because our manifesto is all about vat, national insurancecome tax on people whose main source of income is the income that they earn from going out. that they earn from going out to work. that's not really what your manifesto said, actually, your manifesto said repeatedly. in fact, here's a quote here from rachel reeves. you've read it. it says in black and white, we won't increase national insurance, income tax and vat. so i'll ask you again, why are people who run businesses not working people in this government's eyes? as i say, our manifesto was very clear about who we were talking about and what we meant. why do measures, other spending and taxation measures within the budget. you'll appreciate the chancellor will set all of those out, and it's more than myjob is worth to come on your programme and announce ahead of time what might or might not be in a budget. i'm not secretary of state asking you about the decisions on wednesday. i'm asking you what you mean as a government, what you meant in your manifesto by working people. the defin

that they would not increase taxes on working people and would not increase the rate of national insurance income tax or vatsaid it is going to do would be likely to break that manifesto pledge. they maintain it would not. it is also the broader thought. working people is a phrase we hear from the government and will hear it again this morning when keir starmer says it is working people who pay the price when the government fails to deliver economic stability which is why there is a focus on who he means, who are the people who in effect, this government and its policies are for. . , government and its policies are for. ., , ., , for. that will be of interest to peeple _ for. that will be of interest to peeple in _ for. that will be of interest to people in the _ for. that will be of interest to people in the business | to people in the business world, particularly those self—employed who will no doubt regard themselves as working people even if the government definitions do not.— definitions do not. where the government _ definitions do not. where the government has _ definitions do not. where the governme

mention in the manifesto for example where lots of the other taxes were officially blocked from the tax perspective. so you cannot raise vat or a national insurancet least under the present system. and, yes, it is double tax away but if you go buy something in the shops and pay vat on it, you the shops and pay vat on it, y°u pay the shops and pay vat on it, you pay double tax there. that in itself is not an unusual reality for taxes, i'm afraid. interesting argument. robert, thank you very much, thank you for your time. fraud is continuing to pose a major threat to people and businesses across the uk. the leading trade body uk finance says thieves are now stealing more than £3 million every day with a 16% rise in the number of reported fraud cases. meghan 0wen has more. this new report focuses on thefts for the first half of the year and the changing tactics of fraudsters. it found that criminals stole a total of £571 million between january and june. these crimes can usually be split into two different categories. first of all, authorised push payment fraud. that's when an individual is tricked into transferring money into another bank account c

of those announcements by the chancellor. rachel reeves announced tax rises worth £40 billion. as promised, there were no direct rises to income tax, vat or employee national insurancemployers will pay national insurance at higher rates and at a lower threshold, meaning more of the workforce will be pulled into that national insurance bracket, amounting to a tax bill of some £25 billion for businesses. let's speak to the chief economist at pwc. good to have you here. the dust has settled, people have been through the fine print, and they wonder if in your view, what the chancellor says is that this is short—term pain and long—term gain. do you agree? i think that is right. i would say that i am quite sympathetic to the chancellor. she had to navigate a difficult situation with high public debt, low chronic growth, deal with the political constraints on her manifesto, but i think the budget was big, both in terms of scale and policy direction, they think they were main tests of businesses here. one was passed with respect to labour, and there were three main changes, the employment rights bill, the increasing employers national insurance contributions, and the change

kind of dance going on about working within the labour party's manifesto, which said that it wouldn't raise taxes using the three most typical means for the treasury to do that, national insurance, vat. so we are going to try to find ways to highlight that they are open for business, and i think what was especially well received today was the message about cutting regulation, whether we are talking about the uk or europe, we have a very risk averse kind of a climate. and it is costing us. , , ., ., us. this is where i want to -la us. this is where i want to play devil's _ us. this is where i want to play devil's advocate. - us. this is where i want to play devil's advocate. if i play devil's advocate. if you're seeing in one respect that you're cutting regulation and then on the other, you're setting out new regulation through a workers' rights package, are they walking the walk? ~ , ., �* ~ ., package, are they walking the walk? , ., �* ~ ., , walk? we 'ust don't know yet, and i walk? we just don't know yet, and i don't _ walk? we just don't know yet, and i don't mean _ walk? we just don't know yet, and i don't mean to _ walk? we just don't know yet, and i don't mean to wriggle i w

they have committed not to raise income tax, vat and the employee part of national insurance.bout the other taxes. relatively small but influential taxes for small pockets of the business community and that has chilled business sentiment, we saw the data this week from the lloyd's business barometer and also the consumer confidence data. simon, great to get your take, we will speak to you again soon. the bbc live page is now up and running. this will keep you company today and will be updating constantly on the very latest. the chancellor is expected at the dispatch box at around 12:30pm today. live coverage for uk viewers starts at nine o'clock this morning. she has the same as moment where she is outside 11 downing st for the press and the photographs. it is a historic day, the first woman as chancellor to deliver a budget in the uk, we will be across it on bbc news. but now, other stories. to the european union, where a raft of new tariffs on chinese electric vehicles comes into force today. the measures, brought in to combat what the eu says are unfairly subsidised cheap e

national insurance income tax and vat, not employers. that was not in the manifesto. >> that's absolutely not true, is it? it said we will not raise the rates ofl insurance. so i think miss reeves should go back to school and learn to read once again, because labour isn't interested in real growth or indeedin interested in real growth or indeed in telling the truth. it's more focused on expanding government controls, re—engaging with the eu and making it harder for businesses to thrive. and it's the rest of us who will suffer. as ever, let me know what you think. mel. margaret gb news com. but i'm now joined by an enormously successful businessman, the founder of carphone warehouse and the chairman of the national portrait gallery, david ross. david, thank you for coming in. >> good evening. good evening jacob. and it's very nice to see you. >> you're a businessman. what would you like to see that would increase growth? >> well , firstly, i think it's >> well, firstly, i think it's fair to say that a lot of businesses have been very heartened by the sort of messages that were coming out of the government today, and they clearly going down a ro

the rates of income tax, the national insurance that employees paid, and vat, are still not expected what we are hearing, it points to the sense that there are a lot of people that might find that they end “p people that might find that they end up paying a lot more tax.— up paying a lot more tax. hannah miller, thanks — up paying a lot more tax. hannah miller, thanks for _ up paying a lot more tax. hannah miller, thanks for now. _ bbc news wants to include you in our coverage of the budget. we'd like to know what you want to hear from the chancellor and which issues you'd like explaining. you can get in touch with us through the bbc news website, via email and on whatsapp. a man who stabbed an asylum seeker in the chest has been found guilty of attempted murder. leicester crown court heard that callum parslow, who has adolf hitler's signature tattooed on his arm, attacked 25—year—old nahom hagos at a hotel in worcestershire. graham satchell reports. right, stay where you are! stay where you are, do not move. show me your hands now! hands now! april this year and west mercia police a

the kind of dance going on about working within the labor party manifesto which said it would not raise taxes using the three most typical means for the treasury to do that. national insurance, vat gains. it does not leave them with a lot of for maneuvers. they are to try to find ways they are open for business. what was especially well received today was the message about cutting regulation. whether we are taught about the u.k. or europe, we have a very risk-averse kind of climate and it is costing us. >> this is where i want to play devils advocate. if you are saying in one respect you are cutting regulation and on the other you are setting up new regulation through a workers rights package, are they walking the walk? >> we just don't know yet. i don't mean to wriggle out of your question. it is going to be finding a balance. the early moves on planning regulations and cutting that, very well received. there are various different levers the government can push on. a country that wants to grow needs to build, needs to invest, needs to do research and development and these avenues have been stymied for quite some time but to do that when your party faithful is expecting to see m

i am i asking a question of principle, why are people running businesses not working people? because our manifesto is all about vat, national insurancetax on people who main source of income is going out to work. main source of income is going out to work-— out to work. your manifesto said repeatedly, _ out to work. your manifesto said repeatedly, it - out to work. your manifesto said repeatedly, it says - out to work. your manifesto said repeatedly, it says in i said repeatedly, it says in black—and—white we won't increase national insurance, income tax and bnt. so i ask you again why are people who run businesses not working people? run businesses not working --eole? . , ., run businesses not working --eole? ., , ., , people? our manifesto was very clear about _ people? our manifesto was very clear about who _ people? our manifesto was very clear about who we _ people? our manifesto was very clear about who we were - people? our manifesto was very clear about who we were talking | clear about who we were talking about what we meant. you will appreciate that the chancellor was set all of the details out and is more than myjob is wor

the thing is, a lot of the big leavers of government like income tax or vat, employee national insurancet about inheritance tax? it's paid by around li% of people after debt who end up being charged inheritance tax, raises about £7 billion a year, charged at 40% on property, possessions and money above a threshold of £325,000. there are all sorts of exemptions and reliefs, the giving of gifts before you die, there is business relief, agricultural relief relating to land. our understanding from different independent sources who are aware of what's going on is the government wants to raise more money and is looking at multiple things around inheritance tax. i want to be straightforward about what we don't know. i don't know which ones of these levers within the inheritance tax they may pull so therefore i don't know how many people might be affected, how much some people might have to pay in addition. conservatives tonight condemning the idea that anyone might have to pay more inheritance tax. the treasury not denying what we are reporting but saying that as its standard they don't comment

the burden of higher taxes| under the last government, so we've made that commitment not to increase taxes on working people... _ but not necessarily their employers? ..national insurance, vat made in our manifesto. i further detail on what we will be doing will. be set out in our budget on the 30th of october. | these events are predictably upbeat, but the budget is likely to see businesses like these hit with higher costs and taxes — an altogether more painful affair. simonjack, bbc news, the guildhall. the old bailey has heard that a ten—year—old girl, found dead in her home in surrey last year, had suffered dozens of injuries. sara sharif�*s father, urfan sharif, her stepmother, beinash batool, and uncle, faisal malik, all deny murder. the jury was told the three fled to pakistan before the body was discovered and her father then called police to admit that he'd killed his daughter. urfan sharif now claims he did that to protect the child's stepmother. the american hip—hop star sean combs, known as "diddy", is facing a series of new sexual assault allegations in the us. six new lawsuits were filed in court today by men and women accusing him of sexual assaults and rape.

direct rise to income tax or vat or employee national insurance but employers will pay national insurance at a higher rate and at a lower threshold meaning it will pull more —— more ofinsurance bracket and that amounts to a tax bill of £25 billion for business. earlier i spoke to the chief economist at pwc and explained that the budget is very much a case of short—term pain for hopefully long—term gain. i pain for hopefully long-term aain. ., pain for hopefully long-term i ain, ., ,., , pain for hopefully long-term rain, ., , �* gain. i would say i'm quite sympathetic _ gain. i would say i'm quite sympathetic to _ gain. i would say i'm quite sympathetic to the - gain. i would say i'm quite i sympathetic to the chancellor who had to navigate a difficult situation with high public debt, no net growth and deal with the political constraints on the manifesto but i think the budget was big in terms of scale and policy direction and i think there were three main tests for businesses. one with respect to the cost of labour and we saw three main changes, the employment rights bill, the increase in employers national insurance contributions and the changes to minimum wages.

of politicians who have tried to nail this definition. but labour say it was clear, we said we are not raising it for working people and we cheerily meant income tax, national insurance for employees and vating people. tony? good morning. —

the truth is that the level of state spending that we have, national insurance, income tax and vat beinge biggest taxes, are all very hard to cut. but i think we need to be asking ourselves some very serious questions about whether we really think it's right to be adding 20% across such a wide swathe of what people spend their money on, but then you've got to make up the money in terms of other taxation, one of one of the challenges is kids , bill, it's challenges is kids, bill, it's kids. >> that's the bit that i think i find so shocking about this policy. and bridget phillipson's tone of voice, because if you're asking children to leave school to go to a different school , to go to a different school, it's the child that's going to suffer. >> but, but, but it's about kids in state schools. and one of the real challenges within this is that private schools spend double the amount on those children than do state schools. and if this is generating funds that can be used to increase the numbers of teachers in state schools, i think that's a really it won't , though, will it? it won't, thou

here committing not to raise vat or income tax or other personal taxes, national insurance amongst them, but they have to find the money from somewhere, and so we might see some oflsewhere to meet that borrowing. absolutely, and i think the public is a bit aware of stealth tax now as well, so freezing income tax thresholds, for example, that is considered a stealth tax to many. but it really is the growth, we are borrowing more, historically more, yet we are not seeing growth. growth is only 0.5% for the last quarter, so that really is a concern, and i think the chancellor will need to be very wary about where she is spending so that it generates growth, because that was also their key manifesto pledge, and that is meant to get us out of this fiscal hole. so it really needs to be a good positive budget commission is to be careful about how much she is willing to tax the uk economy because that could stifle growth in the long run. you are right, business will keep a close eye on this to see whether they end up carrying the can. kathleen, good to talk to you. kathleen brooks there at xtb. in india, shares in hyundai motor india have begun trading on the mumbai sto

of those increases in national insurance for employers and the increase in the minimum wage. and an organisation representing some private schools is still considering the prospect of legal action over the imposition of vatn, there is also the reaction of the financial markets. chris mason, thank you very much. our economics editor is here and he will dojust that. will do just that. so who are the winners and losers on the day after some big budget tax rises? assuming that the national insurance hike is passed on in pay packets, so on average the hit is £526 per household from yesterday's tax measures according to studies. let's look at every household in britain from the poorest 10% of the richest and this is the impact from yesterday was my budget alone and it is more for the richest household, £1000 at the top. let's add in the measures already planned by the previous government inherited by this one and this is the pattern, a much bigger hit. the government argues it will include the impact on public services and will lift everybody here into positive territory, but there is no doubt there is a bill for most people in there is a bill for most people in the big ones, the employers, as the chancellor a

national insurance. i will not increase your vat. i will not increase your income tax. >> in the u.s. election, donald trump and u.s. -- can't jump in, harris continue their tour ofwith both holding competin events in the state of north carolina. the first case of mpox has been detected in the u.k. ♪ welcome to the world today where we bring you an hour of international news from the bbc. we come on air with developing news from spain and at least 95 people have been killed after flash floods hit on the south and east of the country. one region in valencia received their equivalent of one years worth of rain in eight hours. cars have been swept away and infrastructure like roads and bridges have been severely damaged. these images were taken by someone living in valencia and they give you a sense of the power of these floods. the conditions make it incredibly difficult as well as dangerous for anyone stuck indoors to. escape from their homes. rescue workers have been using helicopters and boats in attempts to reach those who have been stranded. let's take a look at the areas worst impacted near the town of valencia. more than a years worth of rain fell in eight h

accused of breaking a promise on this because it said in its manifesto that it wouldn't put up manifesto that it wouldn't put up taxes for working people when it came to national insurance, vatcome tax. conservatives will look at this and say labour wasn't honest about its plans during the general election. business also has concerns about this, particularly the federation for small businesses saying that employers, where they aren't able to absorb this it will affect things like whether you hire and take on new staff, but also things like will the cost being passed on to workers because what'll happen is they won't put up wages the following year. the government will argue they will not breaking a manifesto promise and they will say this money is going to be used to fund investment in the nhs. but it is likely to be controversial. in other news we've heard today is an announcement on housing. the chancellor say will in the budget that they will be half £1 billion for affordable new homes, so as we get closer to wednesday, we are finding where the government is planning to save and where the government is going to spend by no means is going to spend by no means is this an ex

manifesto, including vat on school fees and there are others expected, such as changes to capital gains tax on assets, but those kind of things don't raise very much. so the national insurancetions employers pay may rise, raising concerns about the impact on jobs and wages. but the education secretary claimed today people wouldn't pay more tax out of their pay slips. a working person is someone who derives their main income from going out to work. and coming out of this budget, people in that category will not see higher taxes on their pay slip. and how likely is that? well, the government has ruled out raising rates on these taxes here. but, regardless of the government's definition of working people, one which economists say you won't find in a textbook, millions may see more tax still taken out of their pay, even if tax rates don't change. here's how, normally the threshold for paying income taxes rise in line with inflation, but the previous government froze those thresholds until 2028. the chancellor may opt to extend that to 2030, sucking more tax out of pay, as incomes rise. it's called fiscal drag. well, new analysis done for the bbc suggests that extending the free

things they specifically ruled out were the increases to income tax, vat, i think corporation tax, and now some of national insurancet entirely sure whether it's all of it or just the employee part of it or just the employee part of it. >> it does give this sort of sense that they have not been entirely honest before the election that apart from a couple of slips where they didn't commit or let slip more than they meant to say, it doesn't take a cynic to think that there were these plans before the election. they said the minimum possible and even potentially misled many voters over winter fuel, over national insurance, over even changing the borrowing rules, which which rachel reeves. this is something else that came up in pmqs rachel reeves, before the election, said changing the borrowing rules would be akin to fiddling the figures. and now it's almost dead certain that she'll do just that. >> yeah, and of course, that was something else that came up at prime minister's questions. rishi sunak pursued keir starmer over the idea that rachel reeves had previously criticised people fiddling fiscal rules, and now she'

of the big revenue taxes. and the fact is that if you're if you're not going to raise vat, national insurance or income tax , you'ree tax, you're going to have to keep making cuts. and that's what labour is doing. and if you're looking at making cuts foreign aid, as every as a lot of tory chancellors have discovered, is easier politically than cutting spending on domestic programs. so i think it's i think it's remarkable to see that labour have reached this point, as you say, only about 100 days in. but this is just the shape of the future, right? chancellors finding anything they can cut to avoid making big, painful decisions about raising the major taxes or cutting the major state expenditures like the pension. >> well, i mean, the health and education departments have been ordered to find savings at least £1 billion each as well. i mean, you know, the nhs is on his knees, over £7 million on waiting lists, not going to help cutting their budget either, is it? >> no. i mean, i agree with henry here. i think it was a mistake actually, to rule out raising any of those taxes, because those are where you have one big

by workers — that's income tax, national insurance and vat — and corporation tax which is paid by businesses. that leaves little wriggle room. you may have heard talk ofount of tax—free pension you can withdraw early. all speculation, but against a backdrop of public finances that the ifs says is an "unenviable" one that the chancellor has inherited from the last government. taxes already historically high, public debt rising and public services in need of more money to meet increasing demand for things like health and social care. we'll be speaking to the business secretary, jonathan reynolds, just after 7.30am. the former sheffield united defender george baldock has died at the age of 31. baldock, who was born in england but played for greece, was found dead in the swimming pool at his house in southern athens. attempts to rescuscitate him were unsuccessful. his family said they were "in shock at this terrible loss". another 65 women have contacted the bbc with allegations against the former harrods owner mohamed al fayed, going back as far as the 1970s. it follows the broadcast of the documentary "al—fayed: predator at harrods" three weeks ago. in

national insurance. the triple lock. this is income tax and vat rates, but what they didn't talk about, and this is where we saw about, and this is where we saw a lot ofamounted to nothing in terms of real terms , because of course, labour terms, because of course, labour won that 170 seat plus majority. they didn't admit to what they were going to do around the fringes. we're talking taxes on pensions, taxes on dividends, potentially capital gains. and this is what rachel reeves is now looking at to plug that £22 billion black hole that the labour party insists they inherited. and it's a dubious thing because of course, they've given £10 billion in pay rises to public sector workers, including train drivers, which they got a 14% pay rise. and by they got a 14% pay rise. and by the way, so, so pointing out inflation is at 2%, isn't it. >> so 14% is absolutely enormous. >> so, so this is what this is what rachel reeves is looking at doing in terms of plugging that black hole. and then she's also looking at changing the rules for borrowing, which would which would allow her to put, you know, take an extra £50 billion for things like hs2 as well. but the

around not raising the taxes on working people and specifically talking about national insurance, the rates of income tax, vate national insurance rise we have seen is a breach— insurance rise we have seen is a breach of— insurance rise we have seen is a breach of the manifesto or not — a breach of the manifesto or not. questions being asked about— not. questions being asked about more general pitch rachel reeves — about more general pitch rachel reeves was making at the election, that she said several tintes— election, that she said several times she _ election, that she said several times she had no plans to raise taxes _ times she had no plans to raise taxes beyond what she had already— taxes beyond what she had already set out and she was saying — already set out and she was saying she was not going to be a big _ saying she was not going to be a big tax— saying she was not going to be a big tax chancellor, not her intention, _ a big tax chancellor, not her intention, they were notjust going — intention, they were notjust going to _ intention, they were notjust going to throw money at things, things— going

national insurance. the basic, higher or additional rates of income tax or vat. nd that national insurance paid by employers is not a tax on working people is bogus. employers only have a limited amount of money and the money they pay on employing people comes from a single pot. the government is also expected to increase fuel duty, a tax that especially hits working people. bear in mind that nearly 70% of working people commute by car. there's metropolitan islington and centric. government assumes the whole country is the same as london, where only 29% commute by car. but it isn't. so this is again a tax on working people. and when so few civil servants bother to go into the office, it's a particularly pernicious attack on car commuting. private sector workers who pay the salaries of idle civil servants. other tax the government is expected to implement is a continued freeze on income tax threshold, a stealth tax that hits everyone at every income percentile. the tories, unfortunately, did this as a means of raising revenue, which labour at the time criticised bu

of the forecast. well, here is what the party's manifesto said. labour will not increase taxes on working people, which is why we will not increase national insurance, basic rates of income tax or vatday? a confirmation of more tax to be raised from among other things employer national insurance raising £25 billion. inheritance tax raising about 2 billion tax —— £2 billion a year. so, the question is whether raising money from these taxes can fairly be said not to fall on the shoulders of working people. well, labour never defined during the election campaign what they meant by working people. so it is hard to be categorical on that front. however, what we can say is it's the judgment of most economists that while employer national insurance don't appear in most people's payslips, they do in the end end up being borne by workers in the form of lower wages and would otherwise have been paid by firms or endless hiring by companies than would otherwise have happened. what about the physical rules? has rachel reeves torn those up as a result of her plans to borrow considerably more? here is what the labour manifesto said there. debt must be falling as a share of the economy by the fift

of the manifesto as you clearly have as well. and it does seem to me quite clear that the manifesto rules out increasing taxes for individuals. it talks about not increasing national insurance, income tax and vatll of which are tax paid by individuals. and i think everyone understood at the time that that is what the manifesto was referring to and what the labour government are implementing. >> geoff, what is a working person? >> well , i person? >> well, i mean, virtually everyone in the country is a working person. >> that's why i say that it refers to individuals taxes on individuals. as far as those three main taxes are concerned. it was clear to me at the time of the election that that was what was being ruled out. and i think it's perfectly reasonable in those circumstances for organisations like businesses to pay organisations like businesses to pay their fair share of taxation. >> but it doesn't use the word individuals, it uses the expression working people and are you saying then, geoff, that are you saying then, geoff, that a plumber who may employ eight people isn't already paying his fair share of taxes? he's people isn't already paying his fair share o

because our manifesto is about vat, national- manifesto is about vat, national insurance and income tax on people whose main source of what you're manifesto said. the manifesto said repeatedly, it saysin the manifesto said repeatedly, it says in black and white, we won't increase national insurance, income tax and vat. so again, why are people who run businesses not working people in this government? eyes? our manifesto was clear about who we meant. wider measures, you will appreciate the chancellor will set those out. it's more than myjob is worth to come on your programme and announce ahead of time what might or might not be in the budget. but i am not asking you about the decisions on wednesday. i'm asking what you mean as a government and what you mean as a government and what you mean as a government and what you meant in your manifesto by working people. the definition of this is important because you are using this as the foundation for how you make decisions about people's payslips and income. so how do you define a working person? you payslips and income. so how do you define a working person?— define a work

increase taxes on working people, which is why we will not increase national insurance, the basic, higher or additional rates of income tax or vaties claims any increase in national insurance would therefore be a straightforward breach of the manifesto. here is laura trott, then a conservative cabinet minister, accusing labour during the election campaign of leaving room in the manifesto to do exactly this. rachel reeves herself issued a statement saying labour does rule out raising vat. they've also matched us on income tax and not raising employee national insurance. but that is where they have very conspicuously stopped. if the chancellor, rachel reeves, does unveil a national insurance rise, that would spark a debate about trust. but above all, there is an economic question about new taxes on business while promoting investment. and it's not raining! and by the way, a prime minister giving an interview on the street? yes, that's unusual. is it, the fact that you're here with me, a recognition that in the first 100 days you perhaps didn't communicate with the country in quite the right way? are you trying to change the way yo

of income tax. national insurance and vat. now, you said it's going to be a difficult budget.t is going to be a difficult budget with difficult decisions when it comes to taxation, welfare and spending. but i want to be really clear that the reason why we need to make those difficult decisions now is to get the pubuc decisions now is to get the public finances back on a firm footing so that we can get investment up and pursue that prize of growth. because growth is the way that we make people across the country better off. >> meanwhile, rachel reeves is facing warnings that interest rates will stay higher for longer after saying she will change britain's debt rules to unleash a borrowing spree of up to £50 billion. the chancellor confirmed she will change how debtis confirmed she will change how debt is calculated to take into account the benefits of investment spending at her budget next week. she also pledged to get debt falling by the end of this parliament in an effort to reassure nervous investors that she won't go on a borrowing binge. however, jeremy hunt warned that wi

of raising money quickly. >> i completely agree, vat, income tax and national insurance, they ruled all of that out.ould a chancellor do that for five years? i think that was a mistake because if the country needs the money, it needs the money. instead, you look at the non—doms and i mean, admittedly, the tories began that policy, which i think was a political move to embarrass labour and to steal their clothes, but that could cost the country money. the unions are worried about the vat hike on private schools, with teachers potentially losing their jobs, and 10,000 kids already having left the private sector. where are they going to go? the local state school . so these these state school. so these these policies, you know, what about the workers rights from from angela rayner? france has superior workers rights, but higher unemployment, which is the lesser of two evils. >> i think again, it comes with a balance. that's like most things in life. i think i was proud to lead a campaign with barry gardiner to try and stop, fire and rehire. i think there there is a imbalance between employer and employ

national insurance contributions for employers, with the rate rising from 13.8% to 15%. expected to generate more than half of these tax rises. personal taxes, rates of income tax and national insurance paid by employees, plus vat remain the same. income tax band thresholds will be unfrozen, but not until 2028. there was a boost to public spending, an extra £22.6 billion for day—to day spending on the nhs in england — plus extra money for schools. £6.7 billion for the department for education. the minimum wage will go up for over 21s, rising from £11.44 an hourto £12.21. and there was an announcement for home building, with the affordable homes budget being boosted by £500 million. on transport, confirmation of that rise in the cap on single bus fares from £2 to £3 — that's from january. bad news if you're a smoker with a rise in tobacco duty, plus there'll be a new tax on vaping liquid, introduced from next year. but good news if you like a pint, with duty on a pint of beer down by a penny. lots of other measures, which we'll chew over during the next few hours. there is so much to go through. let's go back to the comments. rachel reeves said the budget will " restore stability" in the country. this is not the

increase taxes on working people, which is why we will not increase national insurance, the basic higher or additional rate of income tax or vathey may raise a national insurance on employers, not employees, there was quite a lot of wriggle room in what obviously the labour party said in its manifesto. so what we have is the conservatives are saying told you so and what we have labour saying is we were very specific that those three main taxes would not go up on working people. if you are complaining about other things, like capital gains tax going up, we were silent on that. why do we get a flavour of what we heard during the election campaign? keir starmer is going to raise taxes, but that is just the start because there is a long list of other things that he needs to find the money for, so it is notjust going to start and stop there. there are £2000 worth of tax rises coming for every working family in this country and, as i said, he is saying he's going to raise taxes... that is not what i am saying. we will raise specific taxes and we have been really clear what they are. we have already dealt with the tax break on privat

of tax, so that pledge on corporation tax, for example. there has been a pledge not to raise taxes on working people which is national insurance, income tax or vatn about where she might be able to find attack so there has been a lot of discussion, for example some of discussion, for example some of the thing said over the weekend seem to imply that national insurance contributions from employers could be in scope for this. there has also been a lot of talk about increasing capital gains tax. there has been an interesting intervention from keir starmer this afternoon on that in an interview with bloomberg television. he was asked whether reports that capital gains tax could go up to 39% were wide of the mark and he suggested it was getting to the area that is wide of the mark. that is quite unusual because usually politicians are not drawn on what may or may not drawn on what may or may not be in a budget ahead of time. ~ ., not be in a budget ahead of time. ~ . ., not be in a budget ahead of time. ~ . . , time. what about the way they define debt? _ time. what about the way they define debt? there _ time. what about the way they define debt? th

of politicians who have tried to nail this definition. but labour say it was clear, we said we are not raising it for working people and we cheerily meant income tax, national insurance for employees and vat. let's see what you think. tony in chester, sandy in thame on our radio only bit of this, we had a few landlord and people running small businesses. hi, let's hearthe voices of the people, the hard working people. tony?- working people. tony? good morning. — working people. tony? good morning, l then _ working people. tony? good morning, l then labour - working people. tony? good| morning, l then labour say, course. but then labour say, this has been a number of politicians who have tried to nail this definition. but labour say it was clear, we said we are not raising it for working people and we cheerily meant income tax, national insurance for employees and vat. let's see what you think. tony in chester, sandy in thame on our radio only bit of this, we had a few landlord and people running small businesses. hi, let's hearthe voices of the people, the hard working people. tony?- working people. tony? good morning. — working people. tony? good morning, great _ working people. tony? go

personal tax remains the same, that is the rate of income tax and national insurance played by employees, plus vatax band thresholds will be unfrozen, but not until 2028. a boost to public spending, £22.6 billion for day—to—day spending on the nhs in england, plus extra money for schools, some 6.7 billion for the department for education. the minimum wage will also go up for over 20 ones, rising from £11.44 per hour to £12.21 per hour. there was an announcement for home building with the affordable homes budget being boosted by £500 million. 0n transport, confirmation of a rise in the cap from single bus fares from £2 to £3 and that comes in from january. in terms of personal taxes, bad news if you are a smoker, a rise in tobacco duty and a rise in tax on vaping liquid from next year. better news if you like a pint, duty on beer is down by 1p. lots of measures to chew over in the next few hours, but let's start in this hour in this report by nick watson. this budget has already booked its place in history, the first to be delivered by a female chancellor of the exchequer, but likely to be remember

we hold to that and they will not see increases in vat in national insurance or in income tax and coming out of the budget when they receive their pay slip, they receive their pay slip, they will not see higher taxes . they will not see higher taxes. >> over to the world of sport now and british tennis number one jack draper has won his second atp title at the erste bank open in vienna. the 22 year old won in straight sets against russian karen khachanov to take the victory. speaking after the match, draper described the win as a relief and a british woman has begun her attempt to become the first woman to row solo from mainland europe all the way to south america. 21 year old zara lachlan set off from lagos on the portuguese algarve earlier this morning and will now aim to row the 3600 miles to french guyana, a journey that will take an estimated 90 days. we wish sarah all the best of luck. those are your latest gb news headlines. for now. i'm sophie reaper more from me in the next hour for the very latest gb news direct to your smartphone, sign up to news alerts by scanning the qr code , or g

we hold to that and they will not see increases in vat, in national insurance or in income tax and coming out ofhe budget when they receive their pay slip, they will not see higher taxes. >> well, rachel reeves has promised a £14 billion to rebuild crumbling schools and triple funding for free breakfast clubs. it's as she gears up for her first budget. the chancellor said children should not suffer for the dire state of the uk's public finances, despite the labour government needing to fill what it describes as a £22 billion black hole of overspent , the us black hole of overspent, the us has said israel strikes on iran should be the end of direct conflict between the two countries. speaking after yesterday's attacks, the white house said israel was acting in self—defence but admits they are fully prepared to defend israel should iran choose to respond. it comes as iran's president has warned against further attacks on his country. in other warned against further attacks on his country . in other news, on his country. in other news, the king is set to return to full royal duties next year, inclu

we hold to that and they will not see increases in vat, in national insurance or in income tax and coming out of the budget when they receive their pay slip, they will not see higher taxes. >> prince william has extended a so—called olive branch to prince harry by publicly naming him for the first time in six years. >> my mother took me to the passage. she took harry and i both there. i must have been about 11, i think probably at the time, maybe ten. i'd never been to anything like that before, and i was a bit anxious as to what to expect. >> but that's part of a new itv documentary following the prince of wales and the first year of his homewood's programme, which aims to end homelessness. the film, titled prince william we can end homelessness, includes unseen photos of william and diana at the passage in westminster and in other royal news, the king is set to return to full royal duties next year, including an overseas tour. that's despite his ongoing cancer treatment. a palace official has described his recent trip to australia and samoa as a perfect tonic, adding that it had lifted his spi

we hold to that and they will not see increases in vat, in national insurance or in income tax. and coming out ofhe budget when they receive their pay budget when they receive their pay slip, they will not see higher taxes. >> following a fatal road collision in the early hours of saturday morning, a 39 year old craig nunn has been charged with causing death by dangerous driving. a three week old baby died following the crash in stockport , greater manchester, stockport, greater manchester, whilst a man and woman, also in the vehicle were treated in hospital for their injuries. a man has been charged with attempted murder after a woman and two children suffered stab wounds in what has been described by police as a truly shocking incident. police were called to dagenham where they found the woman in her 30s. an eight year old girl and a two year old boy, all suffering from stab wounds. the metropolitan police said. they were taken to hospital and none are in a life threatening condition. meanwhile, 48 year old kulvinder ram will appear in court on monday charged with three counts of attempted murd