:00:20. > :00:23.The Chancellor, George Osborne has dropped plans to cut tax relief
:00:24. > :00:27.He had been expected to announce the move in the Budget in less
:00:28. > :00:29.than two weeks time, but he was warned the changes
:00:30. > :00:33.Campaigners say he's missed a "huge opportunity" to tackle pension
:00:34. > :00:35.inequality and to help the lower paid.
:00:36. > :00:46.Our political correspondent, Ross Hawkins reports.
:00:47. > :00:51.It would have been a radical Budget Day change to the way we save for
:00:52. > :00:56.retirement. At the moment, you are not taxed on the money you pay into
:00:57. > :01:01.your pension pot. Instead, you pay your tax when the pension pays out.
:01:02. > :01:06.One idea was that this could be reversed, so the Government would
:01:07. > :01:10.tax money on the way in, and not on the way out which would have raised
:01:11. > :01:16.extra cash for the tertiary. The Chancellor seemed the like the idea.
:01:17. > :01:21.I am open to further radical change, pensions could be treated lie Isa,
:01:22. > :01:27.you pay in from taxed income and it is tax free when you take it out.
:01:28. > :01:32.Not any more. Treasury sources say that won't happen, a move welcome by
:01:33. > :01:39.a former Pensions Minister It is good news the Chancellor has dropped
:01:40. > :01:41.his pension's Isa idea, because people wouldn't have trusted
:01:42. > :01:45.politicians not to tax them for a second time.
:01:46. > :01:49.Very bad news though, to those who think an existing pension system
:01:50. > :01:53.that gives the biggest tax breaks to some of best paid needs to change.
:01:54. > :01:57.It St a missed opportunity to try and make the pension system work
:01:58. > :02:02.better, for people like the self-employed and people on zero
:02:03. > :02:07.hours contracts and others facing economic uncertainty. Why no reform
:02:08. > :02:12.now? Well, Conservatives want to clear the decks for the EU
:02:13. > :02:18.referendum battle. Thank you. And some of his MPs weren't keen on the
:02:19. > :02:23.pension idea. I think that had there been significant changes in the
:02:24. > :02:27.scheme that would have disadvantaged people, it is inevitable we would
:02:28. > :02:31.have been called by our constituent, they would have been angry about it.
:02:32. > :02:35.There is the important point what we don't want to do is having two large
:02:36. > :02:40.complicated arguments at the same time when we have this important
:02:41. > :02:44.referendum coming up in June. Which means with a week-and-a-half
:02:45. > :02:46.to go before he does this again, he will need a different big idea to
:02:47. > :02:49.take to Parliament on Budget Day. Joining us from Westminster
:02:50. > :02:57.is our political correspondent, Is this idea dead and buried do you
:02:58. > :03:02.think? Certainly looks like it. It has not been put back by six money,
:03:03. > :03:05.it has been rejected. It is inconvenient for a Chancellor who
:03:06. > :03:10.didn't say it would happened but talked about it at the despatch box
:03:11. > :03:13.as an idea. The key issue has been objections from industry, and what
:03:14. > :03:16.George Osborne didn't want is a big fight with the pension company, any
:03:17. > :03:21.sort of row that could allow his opponents to say look here, look at
:03:22. > :03:25.what we have another omnishambles budget. That is not just because of
:03:26. > :03:29.the EU referendum but another political fight that is coming up
:03:30. > :03:33.before the end of the Parliament, a bit sooner than that, that is the
:03:34. > :03:36.contest to be the next Conservative leader and the Chancellor wants to
:03:37. > :03:41.on the best possible political form for that one.
:03:42. > :03:43.The director-general of the British Chambers of Commerce
:03:44. > :03:46.has been suspended, after saying Britain would be better off
:03:47. > :03:50.John Longworth's comments, in a speech on Thursday,
:03:51. > :03:52.The organisation, which represents thousands
:03:53. > :03:59.of businesses, had said it wouldn't campaign for either side.
:04:00. > :04:02.Tear gas and water cannon have been used by Turkish police to push back
:04:03. > :04:04.protesters in Istanbul, angry at the government takeover
:04:05. > :04:05.of the country's biggest-selling newspaper.
:04:06. > :04:07.Officers raided Zaman's headquarters last night,
:04:08. > :04:09.hours after a court ruling placed it under state control.
:04:10. > :04:12.Today's edition of the paper said Turkey's press had experienced "one
:04:13. > :04:26.China's economy faces a "difficult battle ahead".
:04:27. > :04:28.That's the warning from the country's Premier at the start
:04:29. > :04:32.The meeting, which sets out China's agenda for the year ahead,
:04:33. > :04:35.has been warned of another slow-down in the rate of economic growth.
:04:36. > :04:47.Once a year, China opens the gates on a piece of political theatre.
:04:48. > :04:51.The Communist party leaders use the event to tell the 3000 delegates
:04:52. > :04:54.what policy will be and this year they said economic growth may fall
:04:55. > :05:07.as 6.5%, the lowest in more than two decades.
:05:08. > :05:09.TRANSLATION: Domestically problems and risks that have been building up
:05:10. > :05:19.Downward pressure on the economy is growing.
:05:20. > :05:21.The Chinese Premier spoke about huge overcapacity in manufacturing,
:05:22. > :05:32.This shipyard, with its rusting, unfinished hulls, is already closed.
:05:33. > :05:34.But others will follow, along with steel mills
:05:35. > :05:42.It is an admission of the need for painful reform.
:05:43. > :05:50.People are looking everywhere for work,
:05:51. > :05:53.this man now re-employed at a neighbouring shipyard says,
:05:54. > :06:01.And as the economy slows, the authorities are increasingly
:06:02. > :06:08.At this building in Beijing where those with grievances come
:06:09. > :06:09.to lodge complaints against the government,
:06:10. > :06:11.ranks of policemen keep a careful watch.
:06:12. > :06:14.They forced my factory to close, this man begins to tell me,
:06:15. > :06:25.Well, if the Parliamentary pomp and ceremony on display up the road
:06:26. > :06:28.to portray a sense of national unity, these scenes tell
:06:29. > :06:37.It is one of repression that many people believe is growing
:06:38. > :06:44.increasingly heavy-handed under President Xi Jinping.
:06:45. > :06:46.China's leaders have also announced more spending to keep
:06:47. > :06:50.They may look confident, but they know they are entering
:06:51. > :07:03.The media mogul Rupert Murdoch and his new wife, model Jerry Hall,
:07:04. > :07:05.have had their marriage blessed in central London.
:07:06. > :07:06.The couple wed in a civil ceremony yesterday.
:07:07. > :07:09.Celebrities from the worlds of the arts and business joined
:07:10. > :07:11.the couple's 10 children from previous marriages
:07:12. > :07:13.and relationships at the service at St Bride's Church in Fleet
:07:14. > :07:22.His report contains flash photography.
:07:23. > :07:29.A year ago, Rupert Murdoch hadn't even met his bride.
:07:30. > :07:32.Today, flanked by his two sons, there was perhaps just a trace
:07:33. > :07:34.of nerves, as he prepared for the blessing of his marriage
:07:35. > :07:39.Sir Michael Caine was one of many famous names on the guest list.
:07:40. > :07:42.Former Rolling Stone Bill Wyman was there too, as was Bob Geldof.
:07:43. > :07:45.Dame Edna Everage's alter ego said the wedding was a collector's item.
:07:46. > :07:54.I got them David Beckham and a pair of jump leads.
:07:55. > :07:56.All ten children from the couple's previous relationships
:07:57. > :08:04.Jerry Hall, in a pale blue Vivienne Westwood dress,
:08:05. > :08:07.escaped most of the media crush by slipping in through a side door.
:08:08. > :08:09.This is a couple who knows how to manage the media.
:08:10. > :08:12.From the surprise revelation of their courtship last October
:08:13. > :08:14.to the announcement in The Times about their engagement two months
:08:15. > :08:17.ago, they have stayed one step ahead of the press pack.
:08:18. > :08:20.She is 59, he is 84, and he said on Twitter "the luckiest
:08:21. > :08:23.The service is now under way in St Bride's Church,
:08:24. > :08:26.and if you listen very carefully, you can almost hear the sound
:08:27. > :08:33.Publishing and power fusing with celebrity and glamour.
:08:34. > :08:36.Mr and Mrs Murdoch faced the cameras afterwards and declined
:08:37. > :08:44.The media mogul perhaps trying to ensure something else gets
:08:45. > :08:54.In football, North London rivals Tottenham and Arsenal drew 2-2
:08:55. > :08:57.at White Hart Lane, in what was billed their most
:08:58. > :09:01.The result means they stay second and third in the table,
:09:02. > :09:12.A contest for local pride, now also a national title.
:09:13. > :09:16.In the first half, Spurs were busier, Arsenal more productive.
:09:17. > :09:20.Playing themselves back in to form with one move,
:09:21. > :09:26.Was this this the flick that switches on their title charge?
:09:27. > :09:31.Francis Coquelin already had a yellow card before this.
:09:32. > :09:36.The referee's opinion - no choice, Red card.
:09:37. > :09:38.The referee's opinion - no choice, red card.
:09:39. > :09:40.That expression shows Coquelin knew what might happen.
:09:41. > :09:41.Five minutes later Alderweireld was forgotten about,
:09:42. > :09:46.Arsenal were still adjusting to their reduced circumstances
:09:47. > :09:48.when Spurs got the ball to Harry Kane.
:09:49. > :09:51.No need for a protective mask - he would have felt invisible
:09:52. > :09:55.But Arsenal's ten men were not yet beaten.
:09:56. > :09:58.Sanchez took aim on a skiddy pitch - an equaliser of character.
:09:59. > :10:00.So a point and a missed opportunity each.
:10:01. > :10:11.On north London's big day, the real winners might be Leicester.
:10:12. > :10:13.There's more throughout the evening on the BBC News Channel,
:10:14. > :10:16.we are back with the late news at 10 o'clock.