16/03/2016 BBC News at Six


16/03/2016

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through the weekend, not necessarily sunny everywhere. There will be

:00:00.:00:00.

cloud around and it will always be on the chilly side.

:00:00.:00:00.

George Osborne delivers his budget - as latest forecasts say growth

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In his red box today - the speech that has changed our

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He says the storm clouds are gathering.

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The outlook for the global economy is weak.

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It makes for a dangerous cocktail of risks.

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But one that Britain is well prepared to handle

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He's failed on the budget deficit, failed on debt, failed

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on investment, failed on productivity,

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failed on trade deficit, failed on the welfare cap,

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failed to tackle inequality in this country.

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Mr Osborne announces a tax on sugary drinks -

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it's his new plan to tackle childhood obesity.

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No one likes tax, right, but this is a tax for good.

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This is a tax that's symbolic, this is a tax that will have ripples

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There are lower taxes for small business -

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and ways to make big business pay more.

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We'll work out what today's budget says about the UK economy -

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We are going to win, win, win and we're not stopping.

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We're going to have great victories for our country.

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In America, big wins for Donald Trump in the race

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A remarkable comeback for Sprintre Sacre -

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he wins the Queen Mother Champion Chase at Cheltenham,

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three years after heart problems were detected.

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Good evening and welcome to the BBC News at Six.

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George Osborne delivered his latest budget today saying that Britain

:02:03.:02:04.

faced a challenge - with "storm clouds" gathering over

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There were changes that will affect take home pay and help for younger

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savers in what the Chancellor called a "budget for the next generation".

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Labour called it a "budget of failure."

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Latest forecasts suggest that economic growth is slowing down -

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but Mr Osborne said that still leaves Britain ahead

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Under the changes on personal taxes - from next April you won't start

:02:26.:02:31.

paying income tax till you earn ?11,500.

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And - once again - there was a big surprise.

:02:43.:02:44.

He's introducing a sugar levy on soft drinks --

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More on that in a moment, but first our Deputy Political

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Editor James Landale watched the exchanges in the Commons.

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The government likes to talk of fixing the roof when the sun shines.

:02:56.:03:02.

At Westminster and elsewhere it is a long-term economic plan that is

:03:03.:03:05.

taking longer than expected. For George Osborne and his budget box,

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it contained worst economic news than he had hoped and therefore

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bigger cuts than he wanted. Cuts he has to make if he is to get his

:03:15.:03:21.

budget in surplus by 2019. As he headed for the Commons, George

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Osborne new as well as the bad news, he also needed some better news

:03:25.:03:29.

ahead of a referendum web needs support of voters and Tory MPs if

:03:30.:03:37.

the UK is to stay in the EU. The Chancellor of the Exchequer. So with

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his statement to MPs was deliberately cautious. No massive

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radical reforms, instead some tax cuts to soften the worsening

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economic news. Financial markets are turbulent, productivity growth

:03:50.:03:52.

across the West is too low. The outlook for the global economy is

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weak. It makes for a dangerous cocktail of risks. So with the

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economy and productivity glowing Sir Ben expected he admitted he had

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missed its target of cutting depth of the share of national income and

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he would have to cut spending by a further ?3.5 billion a year from

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2019. Grim news that he tried to Sweden with a surprise. I'm not

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prepared to look back at my time in this Parliament doing this job and

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say to my children's generation I'm sorry, we knew there was a problem

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sugary drinks, that cause disease, but we ducked the difficult

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decisions and did nothing. So today I can announce we will introduce a

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new sugar levy on the soft drinks industry. Attacks that will raise

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half a year to be spent on extra support for primary schools. If Tory

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MPs like that, some were less keen on the Chancellor using his budget

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to make the case for the EU. Britain will be stronger, safer and better

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off inside a reformed EU. I believe we should not put at risk all the

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hard work the British people have done to make our economy strong

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again. Buddy cheered Tory MPs with a flurry of tax cuts. Raising the

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tax-free personal allowance to ?11,500 from April next year.

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Raising the threshold for the higher rate of income tax to ?45,000 at the

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same time. And a new ISA to encourage saving. Fuel duty would be

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frozen, corporation tax to 17%, and small firms would get their business

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rate cut permanently. All good news for groups are often oppose the EU.

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A typical corner shop in Barnstaple will pay no business rates, a

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typical hairdresser will pay no business rates, Mr Deputy Speaker,

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?7 billion tax cut for our nation shopkeepers. But how is he going to

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pay for it. By imposing a massive tax rise on big firms. Scrapping

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schemes they used to avoid paying business tax. There will be a ?12

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billion crackdown on tax avoidance and evasion and public sector

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employers will have to pay more pension contributions. This is a

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budget that gets investors investing, safer saving, businesses

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doing business, so we build for working people are low tax,

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enterprise Britain, secure homes, strong in the world. I commend to

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the house a budget that puts the next generation first. For a

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Chancellor with one eye on becoming the next Tory leader, those were the

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cheers that he wanted to hear. But for all the talk of a brighter

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economic future, Labour came out fighting, saying it was a recovery

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built on sand. Failed on the budget deficit, failed on debt, failed on

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investment, failed on productivity, failed on trade deficit, failed on

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the welfare cap, failed to tackle inequality in this country. And

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inequality he said, that was epitomised by the welfare cuts for

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the disabled. Half a million people with disabilities are losing over ?1

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billion in personal independence payments, and meanwhile corporation

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tax is being cut and billions handed out to the wealthy. Outside

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Parliament some celebrated the sugar tax and others were disappointed by

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what they saw as a missed opportunity. This budget has little

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for Wales, the bulk of announcement regarding Wales we knew about

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already, or they only affect England. What is does is confirmed

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the failure of George Osborne, everything pushed back. The

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so-called long-term plan has been abject failure. To finish. The storm

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clouds that George Osborne said our gathering, but the economy is fit

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for the future. We'll only know if he is right the referendum is over

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and he has capped all that spending. So let's look at George Osborne's

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new UK-wide sugar levy. It'll be based on the amount

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of added sugar in each product. There'll be two bands -

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one for drinks like cordials and flavoured waters -

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with less sugar content - and another band for the sweetest

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drinks like most colas. Independent figures estimate

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that these drinks could go up by between 18p per litre

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and 24p per litre. The levy will be introduced

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in two years' time - and in England the money raised

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will go towards school sports. Our Health Editor Hugh

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Pym has more details. It was a big surprise and could

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affect almost every family. Today these shoppers worked out what the

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new levy on sugary drinks to take effect in two years' time, might

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mean for them. I do not drink it often. It is only because the baby

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wants it. I think it is a good idea, stop kids buying fizzy drinks all

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the time. The cost to the NHS and the dentist, it is bad. At the end

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of the day they are bad but enjoyable. Some campaigners were not

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hiding how they felt about it. The celebrity chef Jamie Oliver has

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called for some time for a sugar tax as part of a drive to reduce

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childhood obesity. It is all geared to reformulation. It is not

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anti-business, I would say it is a symbolic slap and that is what we

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wanted. How fine is it that business can do so well, be so prolific, and

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have genuinely ill health marks on our children. The levy will be on

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manufacturers, excluding milk -based sugary drinks. It is likely to be

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passed on to retailers and consumers. The industry argues such

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a move is not the way to tackle obesity. I think it is unfair and

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ironic almost that the soft drinks manufacturers who have been in the

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vanguard of reformulation, making their products more widely available

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with great choice, it should be those penalised through the measure.

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The Chancellor says proceeds will be spent on school sport in England, it

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is up to Scotland, Wales and Northern Ireland how to use their

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share. The move comes at a time of increasing concern about obesity and

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the consequences for health. There's already a strain the NHS and

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problems often develop in the early years. About 10% of four and

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five-year-olds in England starting off at school are said to be obese.

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By the age of ten and 11 that figure has gone up to 19% and when it comes

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to adults, 25% are obese. Trading conditions linked to obesity costs

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the NHS in England ?5.1 billion in the last financial year. To put that

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in perspective, the cost of treating smoking-related diseases including

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lung cancer costs 3.9 billion. All of that came from a total health

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budget of ?113 billion in England last year. The head of NHS England

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says the new policy will help improve children's health. But he

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says it is just one of the series of measures to be unveiled this year.

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It is part of a much broader conference of strategy that we need,

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that also need to take of promotions and advertising and food

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formulation. So together we think these measures will severely and

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substantially tackle the problem we have of childhood obesity. Health

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campaigners hope this is a game changing moment. There's a lot of

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details still to be worked out. So as we've heard latest

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forecasts for growth are down and George Osborne says

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Britain faces a turbulent Our economics correspondent

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Andrew Verity has been crunching The Chancellor's been preparing us

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for bad news since at least January, - when he talked about his dangerous

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cocktail of risks to the economy - What we found out was some of those

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risks are not just out there in the rest of the world, but happening

:12:14.:12:14.

here. Start with the cooling global

:12:15.:12:21.

economy. Add some turbulent financial markets. Chuck in a slump

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in oil prices. All the ingredients you need to make the world economy

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go a little wobbly. As we imbibe the effects we are slowing down as well.

:12:33.:12:35.

The Office for Budget Responsibility now thinks we will be producing far

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less per person than it had hoped as recently as November. The Obi are

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slashed its prediction for economic growth this year from 2.4%, to 2.0%.

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Largely because of that slower relativity. If that is not going up

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as fast as hoped, earnings will not go up as fast as hoped, the economy

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will not grow as fast, that is the big change. And that's the thing we

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should be talking about more than anything else. It really matters.

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Not just for the Chancellor but how well off we all are. Slower growth

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should mean less tax money for the Chancellor. But somehow said the

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official predictions, he's still on course. He will still be spending

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more than his income, in other words running a deficit, until 2019. But

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it will not reduce as quickly until the final year when it suddenly

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turns into a surplus of ?10.4 billion. That is a huge swing and in

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the last of the Parliament, ?32 billion. What is more he somehow

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find the money for big tax giveaways like the lifetime ISA and freezing

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fuel duty. Raising tax trust for next year will cost him ?2.5

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billion. And more belief for small businesses with business rates will

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cost 1.4 billion. A giveaway to begin with and then a takeaway, the

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years for which the government has a target to achieve a budget surplus.

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What is striking is we do have quite a big squeeze taking place in 2019.

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That big squeeze will mean big spending cuts. ?3.5 billion in

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efficiency savings from government departments, but not until 2019.

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Maybe -- making public sector employees pay more in pensions. Not

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until 2019. And making it harder to claim money for special equipment if

:14:33.:14:34.

you are disabled, saving ?1.3 billion, but not until 2019.

:14:35.:14:42.

Once it looked like a sturdy would-be front-loaded with a

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feel-good effect later. Now it is being back loaded, saving a big

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spending cuts and tax rises to the last year before the next election.

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Careful, these could have delayed effect.

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Amongst the other measures announced by the Chancellor today are

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investments in infrastructure. There's an extra ?700 million

:15:05.:15:07.

for flood defences. There was a commitment to introduce

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new elected mayors for English academies - taking them out

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of local authority control. Well let's pause for

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a moment and take stock. In a moment the view

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from Downing Street with our Political Editor Laura Kuenssberg,

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but first to Westminster Simon, quite a few changes for

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businesses, both big and small? The Chancellor thought he would start

:15:47.:15:49.

small first. Small business is definitely the big winner. The

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eye-catching one was lifting many of them out of the business rate

:15:54.:15:58.

system. It is a big burden on them and they have welcomed back. That

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and the corporation tax that is expensive and where will he get the

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money? That is where big business comes in, their ability to offset

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big debts against profits. More bad news for the banks because their

:16:14.:16:18.

ability to use losses over the years, that has been constrained.

:16:19.:16:24.

But, big or small, the Kolarov the sky is the same wherever you are in

:16:25.:16:28.

this economy. What we have learned is the sky above us, economically,

:16:29.:16:35.

has been darkening somewhat. Laura, eye-catching measures like the sugar

:16:36.:16:41.

tax, but there are risks for George Osborne? There are, maybe we should

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call this the hold your nerve budget. Hold your nerve, although

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compared to other countries we are doing well. But things are slowing

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down. Hold your nerve, because George Osborne has chosen to keep

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cutting public spending and will do that all the way through to 2020.

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But the most sensitive cut, the biggest cut of all, taking money

:17:06.:17:11.

away from payments towards disabled people. Hold your nerve for George

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Osborne, because he has also made some big promises, trying to show he

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has not run out of big ideas. So whether that is tax cuts before the

:17:21.:17:25.

next general election, promises to pass powers to regions a way from

:17:26.:17:30.

the Square Mile in Westminster. He is trying to do big things, whilst

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still having to do with the economy that is recovering much slower than

:17:37.:17:40.

he originally hoped. The big truth of course, we cannot ignore, is

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fundamentally for all others, the country is less prosperous than we

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thought before today and less did. And for this Chancellor in number

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11, who staked his reputation on fixing the economy in 2010, after

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today, it is clearly very much still a work in progress. Laura and Simon,

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thank you both. If you want to find out

:18:03.:18:06.

more about the budget - and how it affects you -

:18:07.:18:09.

you can use the BBC's budget Enter a few details and it will let

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you know if you're better George Osborne has

:18:12.:18:16.

delivered his budget - as latest forecasts say growth

:18:17.:18:25.

in the economy is slowing down. Coming up -- I am live at a

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hairdressing course at a college in Stockport, asking if people feel

:18:40.:18:43.

better or worse off after the Chancellor's statement. Coming up in

:18:44.:18:50.

sport, England have their world T 20 campaign underway. How did they get

:18:51.:18:53.

on against the West Indies? We will have all you need to know from

:18:54.:18:55.

India. In the American presidential race,

:18:56.:19:05.

the Republican front runner, Donald Trump, has warned

:19:06.:19:07.

of riots if he is denied Mr Trump strengthened his position

:19:08.:19:10.

after winning primaries in three states - though he lost

:19:11.:19:14.

in the key state of Ohio. In the Democratic race,

:19:15.:19:18.

Hilary Clinton extended Here's our North America

:19:19.:19:19.

Editor Jon Sopel. He's young, articulate,

:19:20.:19:26.

telegenic and Hispanic. But Senator Marco Rubio

:19:27.:19:30.

is also a loser. Last night the great

:19:31.:19:33.

hope of the Republican establishment was crushed

:19:34.:19:35.

in his home state of Florida While it's not God's

:19:36.:19:39.

plan that I be president And while today my

:19:40.:19:43.

campaign is suspended... The fact that I've even come this

:19:44.:19:48.

far is evidence of how special Donald Trump made

:19:49.:19:54.

impressive gains last night, winning nearly all the races

:19:55.:20:00.

he fought and is now even further And he's achieved it

:20:01.:20:03.

by bringing in new We have a great opportunity

:20:04.:20:06.

and the people that are voting, Democrats are coming

:20:07.:20:11.

in, Independents are coming in and very importantly,

:20:12.:20:14.

people that never voted before. Donald Trump has had an emphatic

:20:15.:20:17.

victory here in Florida. But perhaps the most striking thing

:20:18.:20:24.

about tonight is what has happened It was to this man, the state

:20:25.:20:30.

governor John Kasich, a moderate Republican who has now

:20:31.:20:38.

vowed to carry on his fight We are going to go all

:20:39.:20:41.

the way to Cleveland and secure the Republican

:20:42.:20:46.

nomination. But the path is strewn

:20:47.:20:50.

with more than confetti. John Kasich staying in the race

:20:51.:20:53.

means the anti-Trump vote is now split between him

:20:54.:20:56.

and Senator Ted Cruz. On the Democratic side,

:20:57.:21:02.

things couldn't be Last night she won

:21:03.:21:04.

all the contests that had been declared, leaving her rival

:21:05.:21:08.

lagging a long way behind. Hillary Clinton's path seems clear.

:21:09.:21:23.

On the Republican side it is more complicated. Donald Trump is way out

:21:24.:21:28.

in front, has over half the delegate votes that he needs, but to get an

:21:29.:21:32.

overwrought majority he would have to perform exceptionally well in the

:21:33.:21:37.

remaining primaries. He could arrive at the convention ahead, but not

:21:38.:21:42.

with the majority. Would the Republican leadership there to mount

:21:43.:21:45.

a coup against him and his supporters to get someone else in?

:21:46.:21:50.

If they did that, Donald Trump has warned there could be riots in the

:21:51.:21:54.

streets and that is a threat people are taking seriously. George.

:21:55.:21:58.

A man shot dead by the police in Brussels yesterday has been

:21:59.:22:01.

identified as an Algerian national who was in Belgium illegally.

:22:02.:22:03.

The raid was linked to the investigation

:22:04.:22:06.

into the jihadist attacks in Paris that killed 130 people last

:22:07.:22:09.

Police say they found a Kalashnikov rifle and the flag

:22:10.:22:12.

of the Islamic State group near the man's body.

:22:13.:22:20.

Two armed men who fled the flat are still being hunted.

:22:21.:22:26.

Here are some other measures that could affect families up

:22:27.:22:30.

They include an increase in the limit for ISA savings

:22:31.:22:34.

Duty on beer, cider and spirits will be frozen.

:22:35.:22:37.

But tobacco duty will rise by 2% above inflation.

:22:38.:22:39.

My colleague Reeta Chakrabarti has been gauging reaction

:22:40.:22:41.

to all of today's measures at Stockport College in Greater

:22:42.:22:44.

George, thank you. It looks like I am in a hair salon, but this is a

:22:45.:22:59.

class going on at Stockport college. People should be in an optimistic

:23:00.:23:04.

mood. The Chancellor described the north-west of England as having the

:23:05.:23:07.

fastest-growing employment rate in the country. But, poor people here,

:23:08.:23:12.

students and the Jews, the young and not so young, it is not all that

:23:13.:23:14.

straightforward. We are the builders,

:23:15.:23:16.

declared the Chancellor. And young adults learning

:23:17.:23:18.

the bricklaying trade 17-year-old Harvey

:23:19.:23:20.

is keen to get on. He is interested in George Osborne's

:23:21.:23:25.

proposed lifetime ISA, encouraging young people

:23:26.:23:27.

to save by giving them a pound You can put your money away

:23:28.:23:29.

so you can start saving for things that you need in life,

:23:30.:23:40.

like a house, car, travel. Just building up that money

:23:41.:23:43.

to get you off in life. I now call the Right

:23:44.:23:45.

Honourable George Osborne, He is one of the Chancellor's

:23:46.:23:48.

next generation. The focus of today's

:23:49.:23:54.

Budget and supposedly one 18-year-old Hayley has been

:23:55.:23:56.

listening to the message too. She is training to be a chef

:23:57.:24:02.

while working part-time and wants She likes the idea of being

:24:03.:24:07.

helped to save, but... The money I make, I have to use it

:24:08.:24:13.

for public transport and also buying At the end of the day,

:24:14.:24:17.

it's a good decision, but it's how are you going to start

:24:18.:24:22.

saving if you don't have the money to start saving

:24:23.:24:25.

with in the first place? Going to do a strand test to see

:24:26.:24:27.

if your hair can take it. For those further on,

:24:28.:24:32.

who already have their own business, there was something to cheer

:24:33.:24:35.

with the Chancellor raising the threshold at which they

:24:36.:24:37.

paid business rates. Good news for Karen,

:24:38.:24:39.

who teaches at the College I've had a rate relief for the past

:24:40.:24:41.

two years and it's been able to sustain and help my business

:24:42.:24:49.

grow, because we've been able to keep the prices at a reasonable

:24:50.:24:52.

price for our client base. And if this continues,

:24:53.:24:55.

and gets better for the area, hopefully the area will grow

:24:56.:24:57.

and my client base will grow again. But for car owners and anyone paying

:24:58.:25:02.

insurance, it was a different story. A tax on premiums will go up

:25:03.:25:05.

by half a percentage point, a smaller increase than expected

:25:06.:25:08.

but it comes on top of the bigger I'm not happy at all because that

:25:09.:25:11.

does affect me. Because I am a car owner,

:25:12.:25:18.

I'm a home owner. I have a mortgage to pay and I'm

:25:19.:25:20.

trying to stand on my own two feet, Welding together a vision

:25:21.:25:24.

for the country with people's personal ambitions,

:25:25.:25:32.

is what Chancellor's George Osborne will hope

:25:33.:25:35.

that what he's produced So let's recap on some

:25:36.:25:41.

of the main points in Latest forecasts suggest that

:25:42.:25:50.

economic growth is slowing down but Mr Osborne said that

:25:51.:25:59.

still leaves Britain ahead Under the changes on personal taxes

:26:00.:26:01.

from next April you won't start paying income tax till

:26:02.:26:05.

you earn ?11,500. And he's introducing a sugar levy

:26:06.:26:07.

on soft drinks aimed Just time for a last word with our

:26:08.:26:09.

Economics Editor Kamal Ahmed. We had there about some of the

:26:10.:26:21.

people affected by this budget is, what does it tell us about the big

:26:22.:26:27.

picture? It shows what difficulties George Osborne is facing. He set

:26:28.:26:30.

himself three rules on the economy. But there would be a welfare cap.

:26:31.:26:38.

That debt would fall by a proportion of national income. That was broken

:26:39.:26:44.

today, debt will now rise. And the final one George Osborne has put his

:26:45.:26:47.

reputation on, there will be a budget surplus by 2020. The economy

:26:48.:26:54.

is not performing as well as was expected. It shows the cocktail of

:26:55.:26:58.

difficulties are close to home and George Osborne has got to get

:26:59.:27:03.

through some pretty tough conditions to get to the budget surplus by

:27:04.:27:07.

2020. He has missed two fiscal rules, will he get the third one

:27:08.:27:12.

right? We will see over the next three years. Thank you very much.

:27:13.:27:17.

The dry weather persisting across the UK. This photo was taken this

:27:18.:27:31.

morning under the cold conditions. Just a few hours later and the sun

:27:32.:27:36.

was out. Temperatures really responding. Many saw some sunshine

:27:37.:27:40.

today but across the South we were fighting a brisk and cold wind,

:27:41.:27:44.

still in evidence overnight tonight. Most of us having a dry night but

:27:45.:27:49.

increasingly misty and murky wants more around parts of eastern

:27:50.:27:54.

Scotland. Three or four Celsius in towns and cities. Some auroral areas

:27:55.:27:59.

will get down to freezing. Cold start to Thursday, particularly

:28:00.:28:04.

around eastern Scotland and the North East coast of England. Any

:28:05.:28:09.

cloud should gradually break up. In the salvation is some sunshine

:28:10.:28:12.

around during Thursday. We have seen a lot of sunshine across western

:28:13.:28:17.

Scotland. Subtle change tomorrow, particularly around the coast. Quite

:28:18.:28:22.

misty and murky on the easternmost coasts and temperatures only getting

:28:23.:28:27.

25 or 6 degrees. Central belts should write it up with eight or

:28:28.:28:31.

nine Celsius here. Bit of sunshine across northern Ireland. Generally

:28:32.:28:36.

sunny for much of the day. A keen breeze in the far south, but not as

:28:37.:28:40.

strong as today and temperatures responding to the sunshine.

:28:41.:28:44.

Temperatures getting into double figures. Largely dry and bright for

:28:45.:28:48.

south-west England and Wales. But more cloud across central and

:28:49.:28:52.

eastern part of the UK. Maybe some drizzle on the east coast. Five or 6

:28:53.:28:56.

degrees. Again, bit of sunshine and we should reach double digits.

:28:57.:29:00.

High-pressure controlling things into the weekend. A lot dry weather

:29:01.:29:05.

this weekend, but don't expect huge amount of sunshine, and it will be

:29:06.:29:07.

on the chilly side. So it's goodbye from me

:29:08.:29:13.

and on BBC One we now join the BBC's

:29:14.:29:17.

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