i think you are suggesting that the resolution foundation i election.t? fit. undeliverable. what do you mean by that? �* ., ., ., undeliverable. what do you mean by that? ., ., ., ., , that? a lot of them are really challenging — that? a lot of them are really challenging spending - that? a lot of them are really challenging spending cuts. i that? a lot of them are really i challenging spending cuts. and that? a lot of them are really - challenging spending cuts. and also, to be fair, a lot of them depend very crucially on how inflation rolls out. so if inflation comes down in the way the obr projected yesterday, many of those spending cuts may not even be necessary. you mention the _ cuts may not even be necessary. you mention the obr, that's the office for responsibility. just a final question, figures from them say that average household incomes will fall by 7%. can you give us a sense what kind of impact that will have? that's an absolutely extraordinary figure. it is really significant hit to living standards over time. and we should remember it's n

the observer leads on the cost of the previous prime minister's mini budget, quoting the resolution foundation think tank, who put the figure at $30 billion. ——pounds and the mirror has a picture of matt hancock getting gunked in the jungle on the tv programme i'm a celebrity get me out of here they have used comments from the mp's local vicar, alongside the headline "hancock hasn't got a prayer. " so let's begin. we're going to start with the sunday times. kate, let's start with you with the sunday times. we were talking already about this story, the sunday times has the picture of people celebrating in kherson after the retreat of the russian army. of course, this is in the end of the war, there's no a lot to be concerned about butjust a moment of joy here. concerned about but “ust a moment of “0 here. , , , ., , concerned about but “ust a moment of “0 here. , , joy here. yes. this story is absolutely _ joy here. yes. this story is absolutely presented - joy here. yes. this story is absolutely presented as i joy here. yes. this story is absolutely presented as a | joy here. yes. this story i

the observer leads on the cost of the previous prime minister's mini budget, quoting the resolution foundation on the tv programme i'm a celebrity get me out of here they have used comments from the mp�*s local

this morning there are two reports from the institute for public policy research and also the resolution foundationaying government departments cannot take anymore austerity because of inflation and ipp are saying what they need is 40 billion pounds of tax writers on the wealthiest in society to flood the fiscal blackhole. jeremy corbyn and rishi sunak are reported to have said that we do need tax rises across the board especially on the wealthiest, those with the broadest shoulders and carry the burden most easily. so they are laying the foundations for a big u-turn from the tax cuts to the tax rises. tom: thanks for breaking that down for us. let's bring back elinor -- eleanor. when it comes to the question of quantitative tightening and lizzie was outlining this and the test case for global central banks, what do you assesses the risk of unintended consequences on this decision by the boe to go ahead with quantitative tightening in this environment? eleanor: i think were coming back to a situation of normality and going back to what was being prepared prior to that budget we had. if we listen to

, i think they— osborne and the policies of brown, i think they said it was worse than the resolution foundationit later was a lot of the rhetoric in terms of finances, balancing — the rhetoric in terms of finances, balancing books and sound money but at the _ balancing books and sound money but at the same _ balancing books and sound money but at the same time, massive increase in taxes _ at the same time, massive increase in taxes and — at the same time, massive increase in taxes and that the wealthy which obviously— in taxes and that the wealthy which obviously associated with labour government. it is a bit of a tough pill government. it is a bit of a tough bill to— government. it is a bit of a tough pill to swallow if you're conservative mp and a muted response to the _ conservative mp and a muted response to the statement on conservative benches — to the statement on conservative benches and think a lot of them are very concerned, particularly by the increase _ very concerned, particularly by the increase in— very concerned, particularly by the increase in taxation and most certainly _ incr

the resolution foundation today estimates the difference is £630 for the three months between januaryut £16 billion for those three months alone to make up the difference. ., ., ., , difference. looking ahead, if any government _ difference. looking ahead, if any government is _ difference. looking ahead, if any government is to _ difference. looking ahead, if any government is to be _ difference. looking ahead, if any government is to be the - difference. looking ahead, if any government is to be the masterl difference. looking ahead, if any. government is to be the master of its own destiny and not at the mercy of the whole surprise, it has to look at energy storage, renewables, what is the uk doing on that front? lots of projects to try and improve renewables and make us less reliant on russian gas, and to be able to store gas up to get us through. lots of european countries do it, the uk is behind the curve on that. analysts are looking at where we go from here. core insight are a good analyst, they are saying the ofgem cap if the government did not step and would go to 3900 and 2

analysis this morning from the think—tank, the resolution foundation, suggests the autumn statement piled "squeezed middle" earners — estimating that personal tax hikes will hit the income of typical households by 3.7%. the independent office for budget responsibility has warned that household income will fall by 7% over the next 18 months — that's where the sharp drop in this graph is there are also concerns that's where the sharp drop in this graph is. there are also concerns about the delay to a cap on social care costs — which will now be introduced in 2025 at the earliest. the economist who devised the original plans for a cap says it's a "deeply regrettable" decision. the chancellorjeremy hunt has warned that families face real challenges, but that this plan would help tame inflation — that's the rate at which prices are rising. but the opposition labour party described the emergency budget measures as "an invoice for the economic carnage" created by the mini—budget. here's our business correspondent, caroline davies. prices are going up, the economy is shrinking and living standard

the resolution foundation predicts the public sector cancer unlikely to be deliverable . the spending that are in place, you subtract out the departments like health, defence , you end up like health, defence, you end up with really big falls in those unprotected departments. given the legacy of austerity, given pubuc the legacy of austerity, given public sector wages are already lagging behind. it's really and given that this is effectively tying the hands of governments which are very difficult to it's really hard to see how can be delivered retail sales rebounded last month according to official figures. the office for national statistics says sales increased . 0.6 statistics says sales increased. 0.6 analysts had predicted marks an increase on september , saw increase on september, saw a 1.5% drop thought be due to the queen's funeral and to help with the worsening cost of living crisis. the uk's biggest retailers offering its staff advances on their pay under the tesco scheme, around 280,000 workers can receive up to a quarter of their pay early. the supermarket chai

via two years of recession and much, much higher taxes via falling standards than even the resolution foundationul. yeah we coming . you only have to say coming. you only have to say i didn't state to trough so grant time after went into downing street so i wasn't involved any way shape or form in the mini budget . but way shape or form in the mini budget. but one thing they failed to do then was to actually take account of financial markets and basically markets. what they did in the very safe i'll say what we've now is we've always gone to the outbreaks stream that the chancellor last felt that he actually needed to be like say overcompensate and actually really constrain the economy the way i'm going to paraphrase it or , say we we're in a hole. the or, say we we're in a hole. the chancellor's decided to taper. it's decided to dig deeper through tax increase and through squeezing in the future and. you need to turn that on its head. and that means that some stage reform the public sector getting spending under control recognising there's a limit to which taxes can go up. but the point is in t

i'm joined now byjack leslie, a senior economist at the think tank resolution foundation.ally how he thinks we should make the government finances are sustainable, so it is 40 to £50 billion needed to find in tax rises or spending cuts to make sure he meets those rules he set out. {litter meets those rules he set out. over what period? _ meets those rules he set out. over what period? that _ meets those rules he set out. over what period? that is _ meets those rules he set out. over what period? that is one _ meets those rules he set out. over what period? that is one of- meets those rules he set out. over what period? that is one of the - what period? that is one of the questions _ what period? that is one of the questions we do _ what period? that is one of the questions we do not _ what period? that is one of the questions we do not know- what period? that is one of the questions we do not know yet. | what period? that is one of the - questions we do not know yet. the chancellor has yet to say the details of this stuff, but we are looking about over the next five years

seeing today as a direct result of the conservative atrocious mismanagement of the budget the resolution foundationyesterday. estimated that 30 billion of the fiscal battle is a direct result of the sector mini budget. okay, all well, look, just on that, a couple of things just continue with the windfall tax elements whilst we're on that. suppose really we're on that. i suppose really because people would argue because some people would argue that people such as yourself the liberal against liberal have been against britain trying to be britain really trying to be self—sufficient when comes to self—sufficient when it comes to energy we're having to energy and so we're having to import from elsewhere import things from elsewhere anyway surely we could have done things fracking nuclear things like fracking nuclear which again. so now which you're again. so now costing us money hasn't it. which you're again. so now costing us money hasn't it . and costing us money hasn't it. and no party has done to promote renewables in this country the liberal democrats it was when it davey was secretary of state fo

item 6 is a resolution that would approve an amendment to oewd existing agreement with mid market foundation and as written now, it would increase from $9 million to $32.9 million and allow -- extend the term through july 2024. there's an existing agreement between oewd and mid market for $9 million for a term july 2022 through march 2023. and this is an agreement as i think it has been discussed to primarily to provide community ambassador staffing in mid market tenderloin area. we show the service area on page 13 of our report and we also show the budget for this grant agreement on page, excuse me, 10 of our report. you can see that this agreement primarily funds a sub grant to urban alchemy to provide the staffing which we've reviewed in detail. and there's also $1.6 million to the mid market foundation itself which we understand is responsible for doing community outreach to inform the deployment of the community ambassadors. you'll also notice that the budget for the grant services decreases from $20.5 million this year to $12.4 million next year. this is consistent with what the board

were absent the resolution recognizing russia as a state sponsor of terrorism does not change anything legally, but it is a powerful political signal and, in theory, lays the foundations for a corresponding legal framework in the european union, unlike the united states and canada, there is currently no there are no laws that would regulate the recognition of a third country as a state that supports terror, and there are no documents that would, in turn, regulate further sanctions for e . the european commission and the member states of the union, i.e. the european union, in their resolution, they explain quite clearly why russia deserves to be called a sponsor of terrorism . it is being pursued on the international stage, this is syria, this is the poisoning of those who do not agree with the current government, and the apogee, of course, is ukraine, with only documented war crimes of up to 40,000, and this is not the end. and they also mention deliberate attacks on ukrainian hospitals, schools, torture, executions, deportations, destruction of infrastructure, they are all called acts of terror, so even russia openly exists as a state sponsor of terrorism in this way

resolution of the general— and this draft resolution of the general assembly of the un should become _ general assembly of the un should become the political foundationife not as the aggressor one spot — lead its life not as the aggressor one spot following the values of humanism. we need justus so that the world can _ humanism. we need justus so that the world can survive. we can see terror online _ world can survive. we can see terror online at _ world can survive. we can see terror online at the — world can survive. we can see terror online at the moment, it is obvious. we can— online at the moment, it is obvious. we can see — online at the moment, it is obvious. we can see it— online at the moment, it is obvious. we can see it live with mass documented evidence of crimes. it is easier— documented evidence of crimes. it is easier to— documented evidence of crimes. it is easier to find the truth, it is obvious— easier to find the truth, it is obvious now, and i believe that london — obvious now, and i believe that london can— obvious now, and i believe that london can give this impetus, decisive — london can give this impetus, decisive impetus, so

resolution. in particular, i believe that founding of the pi culture district will allow the incredible leaders of the pi community to secure funding. we know that foundation and other funders to invest in our pi community. that is a community that so rarely asks for anything and has way to lift up. i went to the pi hut where we learned about the history behind the pi came together to find ways to revieed presources for many folks who are in the chambers with you today, gainer, and others. these are folks who have spent lifetime volunteering their time and have made building community power their life work. you heard in us today, how important this resolution is. this resolution is one thing that we must do. >> clerk: thank you so much for your comments. next speaker, please. >> hello caller you're on the line. >> speaker: i'm calling to support this proposal. i wanted to give a slightly different perspective as a pi that was born and raised in the area and had not chance to explore my genetic. telling and keeping their traditions alive. i'm excited for this recognize to recognize the pi community in san francisco and positive affect it will have on future