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Prime Minister Rishi Sunak insists that the 2p cut to National Insurance shows the Government’s “plans are working”. Mr Sunak said this was due to “improvements in the economic environment and the fact that they have been able to get inflation down from 11% to 4%”. <br/> <br/> Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
⏲ 0:49 👁 25.7M
Zaros
⏲ 1 minute 17 seconds 👁 29.6K
Zaros
⏲ 1 minute 59 seconds 👁 92.1K
Jeremy Hunt has cut National Insurance by 2p as he laid out his plans for taxation and spending in the Spring Budget. The chancellor also announced he would be scrapping the non-dom tax status, which was previously one of Labour's key promises. Sir Keir Starmer branded the chancellor’s budget “the last desperate act of a party that has failed”. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
⏲ 4:58 👁 8.2M
59Balloons
⏲ 39 seconds 👁 7K
Annoying Orange
⏲ 3 minutes 48 seconds 👁 80.6K
British farmers will plant a million less apple trees this year as the industry is ravaged by inflation, labour shortages, climate change and cheap supermarket prices.<br/><br/>Landowners across the country are digging up their orchards as apple production becomes financially unviable.<br/><br/>According to British Apples and Pears Limited (BAPL), British apple growers normally plan to plant 1 million to 1.5 million trees every year. <br/><br/>But this year growers ordered just 500,000 saplings - and they have since cancelled a third of those.<br/><br/>Last year a report by the agricultural and sustainability consultancy Promar for the NFU found that inflation for growers was running at around 23 per cent. <br/><br/>But they only received on average a 0.8 per cent increase in their returns from selling apples to supermarkets.<br/><br/>The BAPL has now published data highlighting the continued struggles for the top UK fruit growers - the biggest data set ever released at one time by the industry.<br/><br/>It reported that confidence in British apple growing is understandably low - with 70 per cent of growers admitting they are less confident than they were a year ago and almost half (45 per cent) of respondents said they have scaled back their future investment plans.<br/><br/>Just three per cent said they have a ‘true partnership’ with supermarkets, while 45 per cent say retailers only care about price.<br/><br/>The immediate impacts of orchards not being replanted is the loss of British-grown varieties, as well as biodiversity loss.<br/><br/>But long-term implications means a decrease in British apples in supermarkets for shoppers - at a time when buying local is being encouraged.<br/><br/>There are many factors as to why this is happening - but simply put, growers are unable to afford to invest in new orchards because they are getting such low returns for their fruit - they are no longer profitable.<br/><br/>James Smith, a fifth-generation fruit grower who runs Loddington Farm in Kent, has ripped up three orchards because apple production is no longer financially viable.<br/><br/>He has been in the business for over 20 years, but says growers cannot afford to invest in new orchards because they have such low returns on their fruit. <br/><br/>When he joined the farm 98 per cent of their income was from apples and pears.<br/><br/>But Loddington Farm's commercial apple production has dropped from 80 per cent to 4 per cent since 2018.<br/><br/>His remaining orchards are currently being converted to organic production but there has been no new planting since 2018.<br/><br/>James says climate change, labour shortages, energy prices and retailer behaviour all play an equal role in the farm's decision to step away from apple production.<br/><br/>He said: \
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Lilli And Friends
⏲ 28 seconds 👁 7.2K
darzzza
⏲ 1 minute 45 seconds 👁 1.5M
Matches Fashion will be put into administration after parent company Frasers said it was unwilling to provide the money needed to keep the business going. Matches, which according to its latest accounts employed a little under 700 people, was making “material losses” and was “consistently” missing its target, Frasers said on Friday.
⏲ 0:59 👁 2.1M
BubbleInflatorZX
⏲ 35 seconds 👁 130.9K
Jack Whyte
⏲ 24 seconds 👁 41.5K
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