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Budget 2017: The numbers to watch out for – BBC News
When the chancellor gets up to deliver the UK’s Budget on Wednesday, many of his announcements will be cheered to the rafters by Conservative MPs.
But which numbers are most important, and why?
The BBC’s Joe Miller went to charity Economy’s HQ and asked its editor, Victoria Waldersee.
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The US said it has hit “dozens” of Iranian military targets in overnight attacks, in response to Iran hitting commercial ships in the Strait of Hormuz.
The military said it struck “air-defense systems, coastal radar sites, missile and drone capabilities, and small boats”, using aircraft, ships, and drones – including “one-way attack sea drones for the first time”.
“The Strait of Hormuz is a vital maritime corridor for global trade,” the US military said. “Iran does not control it”.
In response, Iran said it targeted US bases in Jordan, Bahrain, and Kuwait and also radar systems in Oman.
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President Donald Trump has said the US is reinstating a naval blockade of Iranian ports and will impose a 20% charge on all cargo shipped through the Strait of Hormuz following days of escalating strikes between the two countries.
He said this would stop “Iran’s ships or customers” from entering or leaving the key oil shipping route, but “all other countries will have fair and open use of the Strait”.
Iran’s foreign minister later said whoever provides safe passage “should be compensated for this service”, but Iran would remain the strait’s “GUARDIAN” – using Trump’s word.
Tehran and Washington clashed over the strait’s control after exchanging strikes in the region overnight and on Monday.
The US said it carried out strikes against military targets in Iran, targeting air defence systems, coastal radars, and missile and drone sites. Iran said it responded by striking US military bases in Kuwait, Jordan and Bahrain, and radars in Oman.
Reeta Chakrabari presents BBC News at Ten reporting by Jeremy Bowen.
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Wildfires of ‘exceptional scale’ have taken force in Paris, as neighbouring Spain still tackles flames across the country following its own devastating fires.
Now the UK is also experiencing wildfires in England and Wales, as its third heatwave of the year is set to intensify again this week.
Here’s what we know so far about the extent of wildfires in Europe and the UK, and how heatwaves are impacting them.
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Explosions have been heard near two Iranian port cities, Bandar Abbas and Bushehr, state media has reported.
It comes after another night of strikes between the US and Iran, with Iran’s Islamic Revolutionary Guard Corps saying it hit two UAE tankers in the Strait of Hormuz and targeted US facilities in Jordan and Bahrain.
The UAE called the attack “brazen”, adding that an Indian crew member was killed and eight others were injured.
Meanwhile, the US military says it completed strikes on targets aimed at degrading “Iran’s ability to attack commercial shipping” – Iranian state media reports three people were killed.
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The US military said it was carrying out a new wave of strikes on targets in Iran. It said the aim of the attacks was to degrade Iran’s ability to attack shipping in the strait of Hormuz. It came ass the US Navy resumed its blockade of Iran’s ports.
Iran said that control of the strait of Hormuz was required for its national security and it will exercise sovereignty over the key shipping lane, whatever the cost.
President Trump announced that he was scrapping a plan he had announced a day earlier, for placing a 20% toll or tariff on all cargos passing through the strait of Hormuz.
Clive Myrie presents BBC News at Ten reporting by Sarah Smith in Washington.
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@charlestownsend9280
January 22, 2024 at 5:50 pm
What is the budget? It's a once a year announcement about how screwed you are if you don't have a job or a high paying job, young and trying to get a house, have a family and are ill and/or disabled.
@RedabowAndBusmalis
January 22, 2024 at 5:50 pm
It should be illegal to use [current year argument] in journalism
@blazedandconfused477
January 22, 2024 at 5:50 pm
BBC hates conservatism. Unless it's the brand of 7th century conservatism created by a childmarrying warlord, of course.
@toadinthehole8085
January 22, 2024 at 5:50 pm
Wtf these idiots think we don't no what the Chancellors budget. It only happens every year , 🍩
@jasonlawlor1167
January 22, 2024 at 5:50 pm
All news are one sided,e.g. A child refugee is all over the news for weeks NOW tell me in the last 40 days 26 bombs have gone of in Sweden 🇸🇪 wtf and no corrupt news will show,shut all news down, now the budget did the people who voted leave agree to pay £40,000 million pounds £40 billion pounds 💷 for ransom??did we fuck,now watch who gets punished armed forces are facing cuts police yet terrorist are rising haha thick as fuck this government
@MikhailLiakhovskiy
January 22, 2024 at 5:50 pm
no money no budget wow she is beautiful
@mielerodriguez5678
January 22, 2024 at 5:50 pm
Its not difficult to understand, the Budget that is.
@peterscherling9000
January 22, 2024 at 5:50 pm
Lol no comments!