Morning briefing Friday 7th November

0:00This episode of the Times Radio News Briefing is sponsored by PwCWC. Staying competitive means getting ahead, not just keeping up. So how do business leaders cut through the noise and focus on what really matters? PwC takes you further with tech, from optimising the systems that put your data to work, to scaling AI from proof of concept to competitive edge. PwC helps you meet tomorrow's tech demands so you can compete at a speed that rewrites the rules. Discover more at pwc.co.uk. This is the Times Morning Briefing for Friday the 7th of November. The Chancellor, Rachel Reeves, has told the budget watchdog that she's planning to increase income tax.

0:44The Times has learned that Reeves has informed the Office for Budget Responsibility that a rise in personal taxation is one of the major measures that she'll announce in her autumn budget later this month. Ryan Seby is the deputy political editor and economics editor for The Sun. He says the Chancellor's submission to the OBR is the clearest indication yet that she's prepared to break one of Labour's key manifesto pledges. The other thing that she's trying to do is increase that financial cushion, that buffer that she's got to withstand economic shocks. Now that currently, her wafer-thin buffer currently stands at just under£10 billion.

1:22And that then leads to the question of whether she busts those manifesto pledges on tax. Eleven people were arrested last night during protests ahead of Aston Villa's Europa League fixture against the Israeli club Maccabi Tel Aviv. Around 200 protesters gathered near Villa Park to demand Israel and its clubs be excluded from international football. More than 700 police officers were on duty for the match, which Villa won by two goals to nil. Stop and search powers remained in place in Birmingham until 3am. Maccabi fans, however, were banned from attending. Disappointed not to be in Birmingham, this fan, Lofal Noach, criticised the decision.

2:02When the police says we can't protect people so we prefer them not to come, I think it's a disgrace. I've been to many football games in England, over like 200 games. The police is always there, the police always does their job. So I want to believe that it's not the police can't do their job. I think police just prefer not to have Jews in Birmingham at this time. Zakir Starmer is promising to double down on net zero after he admitted the consensus is gone on climate change. Speaking to reporters at the United Nations COP30 summit in Brazil, the Prime Minister defended his government's clean energy agenda but conceded global unity has splintered since the Paris Accord a decade ago.

2:42Climate damage is one of the defining issues of our time and it's not going to go away. It clearly impacts all of us and we've got a duty to step up and show leadership on this. I strongly believe that by acting together as countries, because we can do far more than we do on our own, and that's proven by what we've already achieved in the last 10 years. And Tesla shareholders have approved an unprecedented pay package for Elon Musk at the firm's annual general meeting. The deal, recommended by the firm's board and passed by shareholders, could be worth nearly a trillion dollars. Thanks, guys. I super appreciate it.

3:22I'd like to thank the Tesla board for their immense support. And what we're about to embark upon is not merely a new chapter of the future of Tesla, but a whole new book. Musk, however, must achieve a series of milestones over the next decade. If he is to maximise his payout, they include getting a million self-driving robotaxi vehicles into commercial operation. You can follow the Times News Briefing on Spotify and listen live to Times Radio Online.

3:54This episode of the Times Radio News Briefing is sponsored by PwC. AI is everywhere. In the news, in our hands, but return on investment, not so much. So how do you get beyond the hype and deliver AI that powers reinvention and growth across your business? Strong foundations unlock AI's potential. that's why pwc takes you further with tech strengthening the data quality processes and workflows that shape how well ai performs pwc turns innovation into implementation so you can accelerate from experiment to scale discover more at pwc.co.uk you've got social dialed in search is doing its thing so why do your marketing results look the same as six months ago that's because you're fishing in the same pond as everyone else.

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