January
| Use attributes for filter ! | |
| Number of days | 31 |
|---|---|
| Birthstone | Garnet |
| Birth flowers | Snowdrop |
| Carnation | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2530721 |
About January
January is the first month of the year in the Julian and Gregorian calendars and the first of seven months to have a length of 31 days. The first day of the month is known as New Year's Day.
Government spending plans 'a very big risk', says watchdog
... The main rate will go down from 12% to 10% from January - although previous tax changes mean many workers will not be much better off...
Autumn Statement: Jeremy Hunt cuts National Insurance but tax burden still rises
... The main rate will go down from 12% to 10% from January - although previous tax changes mean many workers will not be much better off...
The Crown: Sets, costumes and props to be sold in London
......
Yousaf says he was not misled by Matheson over £11k iPad bill
......
Inside Tiktok's real-life frenzies - from riots to false murder accusations
... The Nicola Bulley case - January 2023While Olivia was an experienced social video creator, frenzies can also draw in people who seem never to have posted content like this before - and reward them with huge numbers of views...
Rivals' silence at Iowa dinner shows Trump's dominance in 2024 race
... He told the crowd of 1,200 Republican supporters at this dinner in Iowa - a key state because it will hold the first election in the race for the nomination next January - that he would not have been prosecuted if he was not running for the White House again...
Cambodia faces rigged election as Hun Sen extends total control
... Pretty much from the first of January - as soon as he handed over the Asean chairmanship - he leapt into gear with this new wave of crackdowns...
The Deepest Breath: 'Nerve-shredding' documentary explores perils of freediving
... The film has been well received, having been screened at Sundance Film Festival in January...
Government spending plans 'a very big risk', says watchdog
By Vishala Sri-PathmaBusiness reporter
Spending plans outlined in the chancellor's Autumn Statement represent " a very big fiscal risk" according to the UK's official economic forecaster.
Richard Hughes , chair of The Office for Budget Responsibility, told MPs on the Treasury Select Committee that spending plans carried A Level of " uncertainty".
He explained that much of the spending promised is funded by projected savings rather than income already received.
Last week, the OBR slashed its forecast for UK Economic Growth .
In March, the OBR said it expected Gdp - a measure of the size and health of a country's Economy - to grow by 1. 8% in 2024 and 2. 5% in 2025.
Those predictions have now been cut, with a new forecast suggesting the UK Economy will grow by 0. 7% in 2024 and 1. 4% in 2025.
Presenting his Autumn Statement last week, Chancellor Jeremy Hunt announced tax cuts, tighter welfare rules, and further measures aimed at Getting More people into work.
" It is very difficult to assess the credibility of the government's spending plans, because after March of 2025 the government doesn't have any spending plans, " Mr Hughes said, as he and other members of the OBR faced questions on the Autumn Statement.
The chancellor's speech, delivered to The Commons , is the government's main opportunity outside of the Budget to make tax and spending announcements.
Bigger-than-expected cuts to National Insurance (NI) and frozen tax brackets were raised in Tuesday's hearing in parliament.
The main rate will go down from 12% to 10% from January - although previous tax changes mean many workers will not be much better off.
However, members of the OBR told The Committee that the impact on Economic Growth from this measure was " unambiguously" positive.
While Mr Hunt announced The Cut to NI rates, he opted to leave NI and Income Tax thresholds untouched, meaning they remain frozen until 2028.
It means that as workers secure pay rises, they may end up paying more tax if they are dragged into a higher tax band than before.
Some 2. 2 million more workers now pay the basic rate Income Tax of 20% compared with three years ago, according to official figures, while 1. 6 million more people have found themselves in the 40% tax bracket in the same period.
Prof David Miles , a member of the Budget Responsibility committee, told MPs it wasn't clear how this measure would impact growth.
" It would mean that living standards would be lower and so may mean that workers would have to do additional hours, " said Prof Miles.
Related TopicsSource of news: bbc.com