Monday, November 24, 2008

In tonight's programme

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MONDAY 24 NOVEMBER 22.30 GMT - BBC TWO
FROM PETER RIPPON - EDITOR, NEWSNIGHT

Dear Newsnight viewer,

It is looking like a one story programme tonight. The chancellor ended his pre-Budget statement by telling MPs that "exceptional times" required "exceptional measures." There will be a temporary cut in VAT. It will come down - on Monday - to 15 per cent, and won't go back up again for 13 months. Mr Darling also said the economy would shrink next year - and positive growth would not reappear until the financial year 2010/11. You can get more details on the details here - but if you want to know if the government's big gamble will pay off join Jeremy and the Newsnight team including our Political Editor, Michael Crick and Economics Editor, Paul Mason at 10.30 tonight. We will also be asking senior politicians and the Newsnight political panel whether the measures will work.

I have picked an interesting day to start the new job.

Peter Rippon
New Editor
Newsnight

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