Rachel Raves revealed the date of the budget because the cost of UK credit increases: Politics live

Rachel Reeves said that the economy is “not working well” as it had set the date of 26 November for its autumn budget.

In a video on X, Chancellor said: “Britain’s economy is not broken. But I know it is not working enough for working people.

“The bills are high. It seems difficult to move forward. You put more, decrease. It has to be changed.” We have got great potential-the world-agronic brand, dynamic industry, magnificent university and a skilled workforce. We are a global center for business.

“Fixing the foundation has been my mission last year. We increased the minimum wage for three million people; NHS waiting list was cut; 1.5 million began to tear the plan rules for construction of new houses, promised billions more for the country’s infrastructure; America, India and the European Union reached safe trade deals with the Union, and the country.

“But I am not satisfied. There is much more to do so. The cost of living pressures is still real.

“And we should bring the cost of inflation and borrowing by placing a tight grip at day to day expense through our non-parasical fiscal rules. It is only by doing what we can spend to do what we want to do.

“If renewal is our mission and development is our challenge. Investment and reforms are our equipment. Equipment for the creation of an economy that works for you – and rewards you. More pounds in your pocket. An NHS when you need it. Opportunity for all.

“They are my priorities. Priorities of British people. And this is what I am firm to distribute.”

This autumn budget prescribed for 26 November will come after about a month compared to last year’s budget. This is the latest budget in that year since George Osborne’s autumn statement in 2014.

Budget responsibility (OBR) office will be given a 10 -week notice required to provide an independent forecast, after which Ms. Reeves will be confirmed on a full scale of the fiscal “Black Hole”.

But late time means that homes and businesses will have less time to plan any new taxes before the start of the new financial year in April.

Our political editor David madox This is an analysis after the confirmation of the budget date.

Rachel Raves has announced that his second budget will be on 26 November, which will cause speculation whether he will have to plug the £ 40BN Black Hole.

However, Treasury sources have warned: “Kite flying [on taxes] Have to stop, it is not coming from us. “Banks have been talked about a new tax, a mansion tax, national insurance payment for a gambling levy and landlords.”

But it is understood that Ms. Reeves will not move from her position that the government should not break its manifesto commitment and not increase income tax, VAT or national insurance for employees.

She is also expected not to modify her party’s rules despite her own party pressure, and to borrow more.

We can also expect a series of announcements on productivity including investment in major projects before the budget as Ms. Reeves tries to encourage development. It seems like a top priority that it is still economic development, despite the removal of that mission from Downing Street to Sir Keir.

She is also trying to reduce inflation and hold on public finance.

Amid betting, Ms. Reeves is being sidelined by the PM, a source insisted that Chancellor will decide on the budget, not DS “It is a close political project, Kir and Rachel work very closely together.”

The autumn budget will be held on 26 November, Chancellor Rachel Reeves has announced.

Green party leader Zack Poolnsky apologized after a report was revived, while working as a hypotherapist, he claimed that he can help women to increase the size of their breasts using their brain.

In 2013, it was reported that he made claims as a hypotherapist at Harley Street, London.

Asked if voters can trust him in the light of the claims, Mr. Pennasi said to the BBC Breakfast: “Okay, it’s never for a politician to ‘believe me’.

“But what I would say, I apologize, okay, I apologized for him 12 years ago, and one of my favorite politicians, Tony Ben often said, ‘I don’t care where you have come from, I care about where you are going’.

“The trust is eventually a transaction relationship where you create confidence based on tasks.”

He said: “The Labor Government, when they could talk about the inequality act, or homeless people on the streets, or the fact that we have spent only £ 15 billion in nuclear weapons – we can do that discussion – but no, the Labor Party yesterday launched a press release about a foolish article yesterday, before I was a politician, I already demanded forgiveness.

“It makes me think this is a labor government worrying, and they should do it.”

The Shadow Housing Secretary Sir James clever has been asked by Father Ted Creator Graham Lineon on Anti-Trans Post Online Arrest on an “Overch” and “real over-reaction”.

Sir James told Times Radio: “What I have seen, and I do not have all the details, it looks like a real over-reaction that was self-joke, and people can decide whether it was a joke or not.

“I think he himself said that it was not a great joke, but to do something that I think I think is an over-caretaker, and we have found people to stop policing because some people have committed crime.

“It was clearly, clearly not a serious flare and I think there is an atmosphere that can simply cool slightly.”

It was kept for him that similar incidents were “increased under the Tory government”, and Sir James was asked if he was not “orthodox enough” in defense of “freedom like non-prodigy hatred”, to which he replied: “Let’s become realistic about the scale of” Let’s go here. It may not be. It may not be.

The government’s loan is currently at a 27 -year high, Chancellor Rachel is pressurizing Raves to balance the books. But why is there so much loan?

Yield on British government bonds – also known as gilts – jumped at the highest level since 1998, at 5.698%, which means that the government costs more in borrowing from financial markets.

Gilt yields transfer the counter to the value of the bond, meaning their prices fall when the yield increases.

The pound also fell as a bond cell-off, with sterling to US $ 1.34 and 0.6 percent less than 1.15 euros.

High gilt yield increases the cost of serving the government’s loan, which costs the Chancellor.

Chancellor Rachel Reeves is expected to announce a plan to release the annual budget on 26 November, according to a report by Bloomberg UK this morning.

Reeves is ready to reveal the date of November during an announcement on Wednesday, the report stated that the Treasury added and 10 10 refused to comment.

Wes Streeting stated that public members “some cases” are about “some cases”, where people have been prosecuted online.

Discussing the arrest of Graham Lineon on a series of social media posts, the Health Secretary told the BBC Today program: “It is complicated for MLAs and is sometimes difficult for the police, as they have to implement the law because it is written, not as a law.

“And honestly, this is why when we have a debate in Parliament, it can be quite difficult when the campaigners are saying: ‘Vote for this section or that section,’ because often people make laws with good intentions, but they also have to be conscious of unexpected results.

“And I think we are all, let’s be honest, are quite concerned about some cases that we have seen in the media or move through the courts of those who have said online, where you think: ‘Was it really that Parliament’s intention when they pass these laws?”

The Bell Hotel in Epping has been denied permission to appeal against a decision, allowing shelter to be placed in a hotel in the area.

It comes as a boost to the home office, which won a challenge in the appeal court last week to allow them to use the hotel for home migrants.

The hotel has been a site of several protests in summer, when a resident of a resident was accused of sexually assaulting a teenage girl last month. He denies the allegations.

The Epping Forest District Council (EFDC) was initially given an interim prohibition to keep 138 asylum seekers there.

But a judge decided to reverse the temporary prohibition of the Eating Council, which prevent the refugee from staying there, saying that it could lead to “further chaos”.

EFDC stated that “no reason was given” After its unsuccessful application to permission to appeal the most recent decision, the council is now open to ask Supreme Court For the green light itself.