BBC Breakfast was briefly paused on Sunday morning for a ‘significant’ update
(Image: BBC)
BBC Breakfast came to a brief pause for a ‘significant’ update about the upcoming budget during Sunday morning’s installation of the programme on November 23. Chancellor Rachel Reeves is set to reveal the highly anticipated Autumn budget on Wednesday November 26, which may include manifesto-breaking tax hikes.
The Chancellor has also previously vowed that the new budget will “deliver on the priorities of the British people” by decreasing NHS waiting lists, the national debt and the cost of living. Although Ms Reeves has reportedly decided against raising income tax rates, there are whispers that she could announce an extended freeze on income tax and National Insurance thresholds, meaning more people would pay it as wages go up over time.
There may also be a new tax introduced on high-value homes, of which there are roughly 2.4 million in England, which could impact properties in council tax bands F, G, and H. Roger Johnson and Sarah Campbell were presenting BBC Breakfast today when the programme was halted for the update, the Mirror reports.
Rachel Reeves will announce her Budget next week(Image: Getty)
Sarah started: “I’m not sure there’s ever a quiet week in politics these days but this week is particularly significant with the budget on Wednesday.”
She then handed over to Laura Kuenssberg, who was ready to report what was coming up on her Sunday morning politics show in a separate studio.
Speaking about the upcoming episode of Sunday with Laura Kuenssberg, Laura stated: “It really is, we are now just a few days away from Rachel Reeves’ huge moment in the House of Commons.
“A massive moment for the country, a massive moment for the economy and a massive moment for this government that has had such a turbulent few months.”
She continued: “This morning we’ll be giving you everything you need to know in the final days before the big moment itself.”
It comes as it was announced that Rachel Reeves will add £1.3billion to a grant cutting upfront costs for buyers of electric cars in Wednesday’s Budget, just as she is expected to hit them with a pay-per-mile scheme.
The Chancellor will boost the subsidy that takes off up to £3,750 off the price of an electric vehicle (EV) as part of a package that will also see £200million go towards the rollout of charging points. The grant allows buyers of eligible EVs to get an automatic discount.
The government hopes this will help hundreds of thousands of drivers to switch to EVs over the next few years.
However, But it comes amid reports that Ms Reeves could also unveil an EV pay-per-mile scheme in her crunch Budget.
The Telegraph reported earlier this month that she was preparing to announce a 3p-per-mile charge for EV drivers, on top of other road taxes, which would kick in from 2028 after a consultation.
BBC Breakfast is broadcast daily from 6am on BBC One and iPlayer.
