he is you had liam halligan. he is the great guru, great prophet. you had liam halligan. prophet. you had liam halligan. he is the gre ki'iowsi, aboutt prophet. you had liam halligan. he is the gre ki'iowsi, about these het. you had liam halligan. he is the gre ki'iowsi, about these things. he knows all about these things. i know about them, but i don't know about them, but what we're hearing is that we're going a cut in national going to see a cut in national insurance. which of course, will help work and help people who are in work and under of under under the age of under pensionable doesn't do pensionable age doesn't do anything pensioners because anything for pensioners because they national they don't pay national insurance place. insurance in the first place. um, so that's what we're going to might a to see. and that might be a larger cut. therefore it might be as much as £0.02 national be as much as £0.02 off national insurance, national insurance, 2% off national insurance. and that seems to be what's being briefed. but i don't out chancellor don't rule out the c

i mean, this idea, i think i heard liam halligan that why is halligan say today that why is wealth onceligan say today that why is wetaxed once and income halligan say today that why is wetaxed twice. once and income halligan say today that why is wetaxed twice. so ice and income halligan say today that why is wetaxed twice. so yeah, d income halligan say today that why is wetaxed twice. so yeah, they ome is taxed twice. so yeah, they should get rid it. but yeah should get rid of it. but yeah it's a year. yeah. it's like £450 a year. yeah. it's not, it's not, not that i'm against did some funny against that. he did some funny jokes rayner . jokes about angela rayner. that's always good. and her second homes and stuff. she's easy why not. easy to mock. yeah. why not. >> but the thing is that £900 will each year with will be saving each year with the 2% the two cent thingy will probably on booze and weed probably spend on booze and weed because we're so depressed. >> there that broke . >> well, there is that broke. but to what extent, though, is this the this just teeing up for the electi

i mean, this idea, i think i heard liam halligan that why is halligan say today that why is wealth oncean say today that why is wetaxed once and income halligan say today that why is wetaxed twice. once and income halligan say today that why is wetaxed twice. s01ce and income halligan say today that why is wetaxed twice. so yeah, d income halligan say today that why is wetaxed twice. so yeah, they ome is taxed twice. so yeah, they should get rid it. but yeah should get rid of it. but yeah it's a year. yeah. it's like £450 a year. yeah. it's not, it's not, not that i'm against did some funny against that. he did some funny jokes rayner . jokes about angela rayner. that's always good. and her second homes and stuff. she's easy why not. easy to mock. yeah. why not. >> but the thing is that £900 will each year with will be saving each year with the 2% the two cent thingy will probably on booze and weed probably spend on booze and weed because we're so depressed. >> there that broke . >> well, there is that broke. but to what extent, though, is this the this just teeing up for the election k

here to break it down is our economics and business editor liam halligan on the editor liam halligan money. >> this was a relatively low key , unambitious fiscal announcement. it didn't feel to me like the last roll of the dice before a general election in may. it seems to me that the tories are still going to go for an election in october, or november. lower taxes mean higher growth, said chancellor jeremy hunt. and that means more prosperity, more money for our pubuc prosperity, more money for our public service. this is a budget for long terme growth. how are we going to get that growth going? well, the headline pre—announced. everyone knew it was coming a to p cuts in the headune was coming a to p cuts in the headline rate of national insurance from april to 8. when you combine that with the £0.02 cut in national insurance that was introduced in january from 12 to 10, the average worker in this country will be £900 a year better off. that is not to be sniffed at. another tax giveaway is the freeze in fuel duty. fuel duty on petrol and diesel will remain at 52.95 per litre, just l

liam halligan not them instead. liam halligan always . thanks for always a pleasure.show. there's joining us on the show. there's lots to between lots more still to come between now 4:00, and we'll cover now and 4:00, and we'll cover the news that millions of the big news that millions of women who to wait longer to women who had to wait longer to get pension could be get the state pension could be in line for some compensation. but first, it's for your but first, it's time for your latest headlines polly latest news headlines with polly middlehurst . middlehurst. >> the top stories this hour. middlehurst. >> the top stories this hour . as >> the top stories this hour. as you've been hearing, the bank of england has held the interest rate at 5.25. for the fifth time in a row. the bank governor, andrew bailey, saying the economy isn't yet at the point where rates can be lowered. but he said things are moving in the right direction. number 10 is said today that it's dealing with a migration emergency after a record number of asylum seekers crossed the english channel ye

i mean, this idea, i think i heard liam halligan that why is halligan say today that why is wealth onceay today that why is wetaxed once and income halligan say today that why is wetaxed twice. once and income halligan say today that why is wetaxed twice. so ice and income halligan say today that why is wetaxed twice. so yeah, d income halligan say today that why is wetaxed twice. so yeah, they ome is taxed twice. so yeah, they should get rid it. but yeah should get rid of it. but yeah it's a year. yeah. it's like £450 a year. yeah. it's not, it's not, not that i'm against did some funny against that. he did some funny jokes rayner . jokes about angela rayner. that's always good. and her second homes and stuff. she's easy why not. easy to mock. yeah. why not. >> but the thing is that £900 will each year with will be saving each year with the 2% the two cent thingy will probably on booze and weed probably spend on booze and weed because we're so depressed. >> there that broke . >> well, there is that broke. but to what extent, though, is this the this just teeing up for the election know

liam an absolute liam halligan always an absolute j'oy liam halligan always an absolute joy in the studiotill to between lots more still to come between now and 5:00 and we'll be discussing. you proud to be discussing. are you proud to be british? are the british? and if not, are the political and the media political class and the media and the entire system in fact, are they to blame? but first, it's are they to blame? but first, wsfime are they to blame? but first, it's time for your latest news headunes it's time for your latest news headlines wenzler. headlines with sophia wenzler. >> thanks, martin. it's 431. i'm sophia wenzler your headlines. diane abbott, the mp at the centre of a growing racism row, has accused the speaker of the commons of not serving democracy after she wasn't called to speak in parliament. it's after the conservatives biggest donor, frank hester, allegedly said that the former labour mp made him want to hate all black women and that she should be shot at prime minister's questions today. sir keir starmer confronted sunak over the confronted rishi sunak over the

expert >> okay, liam halligan expert analysis. as ever analysis.you buy that great stuff. but do you buy that out there? do feel that out there? do you feel that that's case or do you feel that's the case or do you feel as you certainly did yesterday, overlooked, for granted overlooked, taken for granted and so much more overlooked, taken for granted and to so much more overlooked, taken for granted and to vote so much more overlooked, taken for granted and to vote conservative? nore likely to vote conservative? will it affect your decision? come the next general election? let me know. gb views at gb news. com now we'll have lots more on that story later in the show, and i'll be joined by a member of labour's shadow cabinet at around a 4:45. there's plenty of coverage on cabinet at around a 4:45. the website |ty of coverage on cabinet at around a 4:45. thewebsite gbnews.com.�* on cabinet at around a 4:45. thewebsite gbnews.com. you've our website gbnews.com. you've helped to make it the fastest growing national news website in the country, so thank

. she's her own halligan..you course , the issue halligan. now she's got her own ideas.you remove 'se , the issue halligan. now she's got her own ideas.you remove her the issue halligan. now she's got her own ideas.you remove her rightssue when you remove her right wingers from the top of the government, then where do they go? gb news to say what go? but to gb news to say what they want, what they, they they want, what they, what they think government should do? think the government should do? because there's very few people who are authentic right wingers around sunak the around rishi sunak at the cabinet table , she thinks that cabinet table, she thinks that the and the chancellor, the pm and the chancellor, jeremy tomorrow should cut jeremy hunt, tomorrow should cut income tax by toopy. she thinks that the income tax threshold should go up. she wants nurses and teachers to stop paying the higher rates of income tax. she also has some interesting ideas, innovative ideas , she might say innovative ideas, she

. >> so joining us now is our business economics editor, liam halligan.ate this glorious news. how good is it? >> it is good news. but let's be clear prices are still rising, but they're just rising at a slower pace. so during the year to january prices, the cpi, the index of all prices of goods and services was up 4% during the year to february. it was up 3.4. this is sharply down at the height of the cost of living crisis at the end of 2022. inflation was 11, so now it's 3.4, but it's still way above the bank of england's 2% target. a lot of people will think i don't see any easing of the cost of living crisis. the fine print, which we can talk about, shows that food prices are down, fuel prices are down, but still a lot of people are squeezed and i don't think this is enough for now. now for the bank of england to lower interest rates when it meets tomorrow. i think interest rates are going to stay at 5.25, at least for now . at least for now. >> what will it take to get interest rates down? >> what will it take to get intewell, ates down? >> what will

liam halligan with on the money. liam halligan with on the money.m what i've been heanng liam now, from what i've been hearing in the press anyway, these tax cuts are rather illusionary. it will be that perhaps we might get a tax cut somewhere, but then they'll pile on the taxes elsewhere. is that right? i think that's roughly right. >> i must say, tom, i'd be worried there for a moment. i thought i was, uh, i thought i was missing something. a budgefs was missing something. a budget's going on and i'm not even covering. >> know , let's have let's have >> i know, let's have let's have a little on the money. >> graphic and we can just go through these various points. safe to say, tom, that the first line of my on the money graphic is that the statement is on wednesday the march. so wednesday the 6th of march. so recalibrate your diary. uh, young man. but you're right, emily, uh, jeremy hunt is hinting and indeed , he just hinting and indeed, he just hinted there to our colleague , hinted there to our colleague, katherine forster. he may cut 1 or £0.0

and halligan always a pleasure and never a chore.racking debate on the rnli and whether some of its vessels on the south coast are now little more than migrant taxi services. but first, it's time for your latest news headlines with polly middlehurst . middlehurst. >> the top stories this hour. we can tell you the chancellor has looked set to unveil a £0.02 in the pound cut to national insurance contributions as he prepares to set out britain's budget tomorrow. jeremy hunt will attempt to put the uk's economy back on track and revive rishi sunak's popularity. despite the fiscal watchdog giving the government little headroom for tax cuts . analysts headroom for tax cuts. analysts suggest the nhs could be facing real terms. funding cuts of £2 billion amid rising costs and a promise to tackle waiting lists . promise to tackle waiting lists. will the leader of the labour led birmingham city council has unreservedly apologised to the city's residents for the budget set out today. the cost cutting plan includes slashing more than £200 milli

labour deny that would happen. >> superb liam halligan. as evenl >> superb liam halligan.you very much. stuff. cheers. now much. great stuff. cheers. now still to come, would bid for still to come, would you bid for penny coronation dress? penny mordaunt coronation dress? well, for sale. but well, it's up for sale. but first in a gb news series innovation in britain, we're looking at the successes of british manufacturing around the country . country. >> today. we are at middlesex aerospace in basingstoke and i'm joined by lawrence fold, the owner of the business, and i want to find out, lawrence, why engineering is so important to uk. >> well, engineering and aerospace engineering in particular produces a whole series of very well paid, interesting jobs. >> um, the products that were made in this factory ultimately speaking, pretty much all go abroad . abroad. >> and, uh, even though they're integrated into systems in this country. >> but they'll wind up in airbus, boeing and other major aircraft facilities around the world. >> so exporting is really important. >> are we

liam halligan as ever, thank you for joining me in a moment. unbelievable.owing that up to 20% of police officers have simply had enough and are on the verge of jacking it in. what on earth has gone wrong? but more importantly, what can we do to try and prevent it ? a big survey of 7 a big survey of current serving police officers. showing that up to 20% of them are thinking about quitting the force and doing so within the next year or two. what on earth is going wrong ? the problem, of course, wrong? the problem, of course, is that those that go will be the experienced ones to be replaced by inexperienced ones . replaced by inexperienced ones. kevin hurley, former detective chief superintendent at the met police joins me from his home in surrey. kevin this figure is shocking , really alarming. shocking, really alarming. >> and nigel, i come from a family of nine metropolitan police officers. my own son resigned last year with 16 years service. as you said, a very experienced detective sergeant on the anti—terrorist squad. been on grenfell murder been on the

that's what she's going to say. >> liam halligan superb stuff. go to. at any rate, i'd like to go to. at any rate, liam halligan always a pleasure. thank you very much. i guess the big question is, how do they fund with £2.6 trillion fund all this with £2.6 trillion in for another in debt? that's for another time. liam halligan, thanks for joining show . now, joining us on the show. now, don't forget in just a few minutes time, nigel farage has been speaking to donald trump in florida we will be joined by florida and we will be joined by our very own nigel for his take very soon. i'll be very spoon soon. i'll be speaking to nigel farage directly after this. live and directly after this. live and direct from florida. but first it's direct from florida. but first wsfime direct from florida. but first it's time for your latest news headunes it's time for your latest news headlines with polly middlehurst i >> -- >> the top stories this hour. former us president donald trump has fired a warning shot at nato , saying it's time to pay up in a gb news exc

liam halligan always on money. for always on the money.ks for expla today. the always on the money. thanks for expla today. now the always on the money. thanks for expla today. now stick the always on the money. thanks for expla today. now stick with; always on the money. thanks for expla today. now stick with us show today. now stick with us because president biden is due to make a statement on the baltimore bridge collapse. and these are live pictures from the white house. and we'll take that presidential address live as and when it happens. looks like they're getting just warmed up now. but first, here's your latest news headlines polly latest news headlines with polly middlehurst . middlehurst. >> the top stories this hour. middlehurst. >> the top stories this hour . an >> the top stories this hour. an emergency call was made in the moments before a cargo ship crashed into a major bridge in the united states this morning, plunging cars and people into the water below. let's show you the water below. let's show you the moment. if you're

liam halligan there. our economics and business editor.nel the radicalism of margaret thatcher, but i'm sure not the policies. well, exactly. >> there's one big there's one big policy planning reform . big policy planning reform. there we go. >> planning reform. >> planning reform. >> sweep those anti era >> sweep away those anti era regulations that make it much harder to build things in this country than, than it should be build build build. well i mean we can't even build a tunnel under paperwork to build a under the paperwork to build a tunnel for a road under the thames has stretched longer than the actual tunnel would be. yeah. cost of this paperwork yeah. the cost of this paperwork is more than a norwegian tunnel of length. anyway, of the same length. anyway, coming up, we're going to be joined by the reform uk leader richard tice, as the bbc apologised for describing his party as far right. apologised for describing his party as far right . well, we'll party as far right. well, we'll get to that after your headlines with sofia . wi

liam halligan. us. halligan. starts >> i admire anyone who starts a business. a lot business. takes a lot of gumption, it? gumption, doesn't it? >> rishi sunak's >> and actually, rishi sunak's mum well, there mum female founder. well, there you speaks the you go. that speaks from the heart though. >> you know it would be nice. nice that one. nice to rishi on that one. coming kate has been coming up princess kate has been spotted say rumours. spotted shopping so say rumours. but we haven't seen photos but we haven't seen any photos yet. this mark the end yet. but could this mark the end of weeks health of endless weeks of health speculation ? >> 7- >> good ? >> good afternoon. 7 >> good afternoon. britain. it's 10 to 2. and princess catherine. sightings are amongst the headunes sightings are amongst the headlines again today. yes >> news has spread that the princess of wales has been spotted out and about on a weekend visit to a farm shop with prince william and the children. but where are the photos, tom? yeah th

liam halligan.et's start with you. it's really fascinating that the obr, for the first time have acknowledged that migration isn't always an economic boon. there's different types . there's different types. >> well, absolutely. i thought that was very interesting indeed . in previous budgets, conservative mps have consistent criticised the obr for overestimating the economic benefits of migration. i think it was in the last budget that one think tank said that the obr had overestimated the economic benefits of migration by up to £8 billion, because they had refused to accept that they hadnt refused to accept that they hadn't built into their workings the fact that foreign students can only work for a certain number of hours. so the economic benefits they describe just wouldn't have been legally possible at all. the obr chief also admitted last time round that the obr's profile of economic, benefits of migration assumed that all migrants have a similar demographic profile to uk. nato citizens. obviou

liam halligan. he's got the latest . the latest. >> it is budget day.e rabbit dead ? dead? >> big wins for donald trump and joe biden in their super tuesday election contest. it looks almost certain that the pair will go head to head again in november. let's hear it from that man, trump. >> the poll numbers are so much higher than joe biden's. he's the worst president in the history of our country. there's never been anything like what's happening to our country. >> goldsmith guns for

all editor, liam halligan liam. or 2 new things, wearing my sort of slightly cynical hat. years of experience , something that was almost half a sentence, which was doing a lot of work in terms of the government's sums, making the ledger add up was the chancellor mentioned that he's going to give a bit more money to hmrc to quotes, make sure that the tax thatis quotes, make sure that the tax that is owed is paid, i.e. clamping down on tax avoidance . clamping down on tax avoidance. yeah, £4.5 billion more. that's a huge amount of to money, assume hmrc is going to be able to summon up by chasing people that it believes owe more tax. that hasn't attracted much attention, but it's doing an awful lot of heavy lifting there. i also thought it was quite interesting how the chancellor philosophically said he almost hinted that if the tories stay in power, they're going to almost try and abolish national insurance altogether. yes, the double taxation of work is unfair. and, you know, i've been covering budgets for the thick

liam halligan , our indeed. liam halligan, our business and economics editor there. that a there. also worth noting that a lot will be. yeah, lot of people will be. yeah, quite happy. lots journalists quite happy. lots of journalists as interest as well want to see interest rates go down. got big rates go down. they've got big mortgages, people mortgages, but some people watching will be quite happy with are. yeah. with where they are. yeah. >> to come. 1 in 5 >> well still to come. 1 in 5 muslim prisoners are now white, according to new data. that's not because they've changed colour. because new people colour. it's because new people are converting within prisons . are converting within prisons. now, is this signs of, there are some concerns that there are signs of radicalisation in prisons. we'll get much more on that after your news headlines. >> it's 133. that after your news headlines. >> it's133. i'm sophia wenzler in the gb newsroom. keir starmer says the prime minister has the sword of damocles hanging over him. speaking during pmqs, the labour leader critic

, as >> suburbs of liam halligan, as even >> suburbs of liam halligan, as ever, joined up thinking,ining erudite, bang on the money as ever. thank you forjoining me ever. thank you for joining me on the show as again . now up on the show as again. now up next, we'll be discussing whether the wealthy should pay more towards the licence fee. the corporation's boss, tim davies , floated the idea, which davies, floated the idea, which has been shot down by the conservatives is it such conservatives but is it such a badidea? conservatives but is it such a bad idea? i'm martin daubney on gb britain's channel . welcome back 449 is your time. i'm martin daubney , and this is i'm martin daubney, and this is gb news now. the director general of the bbc, tim davie, is said to have floated the idea of charging richer people more for the licence fee as part of reforms for the payment system, as he claimed there were fundamental questions about its longevity and the government have, however, since poured cold water on the idea. but would this be an acceptable approach ? this be an acceptable appr

. >> we're going to be liam halligan just sit down quietly , halligan just sit down quietly, please.'s there to my just a moment. he's there to my left. to left. but, because we've got to go gb news west midlands go now to gb news west midlands reporter jack carson, who is at cheltenham today toughing out in the rain. hi, jack. what's going on there? >> well, hang on, i want to smack your first. well well, smack your hat first. well well, well, i've had this flat cap for, think years now. for, i think years now. >> it's my grandad so it's run down in the family. so i thought why why not treat it, take why not, why not treat it, take it on special occasion. it out on the special occasion. of one of of course, of day one of cheltenham festival. there's over 250,000 expected to over 250,000 people expected to come here over the next four days, of arriving here days, some of them arriving here now. absolutely fantastic now. it's absolutely fantastic atmosphere some even atmosphere and some hats even better would say. better than mine. i would say. bev and andrew that are arriving here ra

liam halligan there at the liam liam halligan there at the bank of england where he will be bringing at some the show by looking at some of the things us this show by looking at some of the things that us this show by looking at some of the things that leo us this show by looking at some of the things that leo varadkarthis show by looking at some of the things that leo varadkar debate morning that leo varadkar debate we had earlier about. really interesting. i thought that was one of the most interesting parts the show today. and parts of the show today. and what doubt hours. what was no doubt 2.5 hours. very interesting, he tim has got in touch to say leo varadkar he got it wrong again. the view of the public in ireland is the opposite of establishment. opposite of the establishment. yeah, what is wrong yeah, varadkar is what is wrong with establishment and karol with the establishment and karol said ireland has its own values and mindset. they've been badly let down by varadkar. it's wonderful that gone. wonderful that he's gone. i don't the vote was don't think the vote was entire

halligan with on the money. liam, welcome to the show. always an absolute pleasure.his for an eternity. britain should be energy sovereign. we import £19.6 billion worth of gas every single year. yet we're sat on our own resources. surely, liam, at last. this is some common sense . sense. >> very interesting. martin that rishi sunak is in scotland . the rishi sunak is in scotland. the conservatives, of course, choosing to hold their spring conference north of the border there used to be an old joke among party wags at westminster that there were more pandas in scotland than there were tory mps , because glasgow zoo had mps, because glasgow zoo had a couple of pandas from from china . there are now seven tory mps, seven of the 59 mps who sit at westminster for constituencies in scotland, separate from the scottish parliament, of course, and labour only have two mps in scotland . labour for much of our scotland. labour for much of our life, martin has dominated scottish politics, but not now, but with the snp very much not falling out of favour, but certainly facing lo

liam halligan there. of course, outside the bank of england. good stuff. another hold a cautious approach 8 to 1. that does indicate that there's a lot of groupthink . or perhaps they of groupthink. or perhaps they were convinced by their colleagues the last time two people voted to raise. >> so that could just be these people slowly coming across. yeah, it bit bit, they yeah, it bit by bit, they couldn't go from a raise to a cut. they have to sit in that middle point in between. >> but, but of course, the bank's decision will impact you at home and it will impact housing with high interest rates taking its toll on some mortgage owners and potential buyers across the country. >> mark bogarde , mortgage >> well, mark bogarde, mortgage expert and chief executive of the building society, the family building society, joins us now. i'm delighted to say, mark, thank you for making the time us here, what will the time for us here, what will this hold mean? and frankly, will the proportion of mpc members voting have any influence on market expectations, on what pe

when >> where's liam halligan when you need him? and wrong. that's spokesperson wrong. that's how spokesperson for the prime minister has branded the comments made by major conservative donor about the mp, diane abbott. she's the first black woman elected to parliament. >> while the comments from frank hester, a large donor to the conservative party, told a meeting that diane abbott should be shot and that she made him want to hate all black women, he has since apologised for his language, apparently , he's the language, apparently, he's the biggest ever donor to the conservative party. >> yeah , this is in the lack of >> yeah, this is in the lack of immediate condemnation of his remarks, which are now causing the prime minister a bit of a headache. let's find out just how big that headache is. james price joins us now . political price joins us now. political commentator. what do you think, james, maybe not the biggest ever headache in the long to do list of britain's woes . although list of britain's woes. although it's great to h

. >> well, joining us now is liam halligan gb news, economics and business editor with on the money andole federal deal . whole federal deal. >> well, the us very, very rarely signs trade deals with anyone. the european union as a whole has been trying to sign a trade deal with the us, basically since the european union began decades ago, and they've never managed to pull it off the uk now it's outside. the european union can negotiate its own trade deals. of course, that was seen as a major upside of leaving the european union. but what trade? as trade minister, business secretary kemi badenoch, following on from liz truss before her, they've been signing trade deals with individual american states or memorandums of understanding, which is like a sort of junior trade deal. but the numbers are still very, very big. texas has an economy of £1.9 billion. it's only slightly smaller than the whole uk economy. and of course, it's just one american state. the uk economy is 2.2 trillion. that's 2200 billion. this is big money. the uk does. it already does about £20 billion worth of trade with

liam, you've been liam halligan.aying this for absolutely. captain. captain. you've been you've been promoted . you've you've been promoted. you've been saying this forever and a day , to be dependent on on day, to be dependent on on national security . see, you need national security. see, you need to be dependent on energy security , and yet at the same security, and yet at the same time, we seem to have these draconian net zero targets allied to punishing windfall taxes on gas production. never the twain shall meet, rishi finally saying we need more gas. >> well, before russia invaded ukraine in february 2022. martin, i must say, energy security, energy policy. it was one of the nerdiest subjects in terms of the sort of things i talk about on television. energy policy is very complicated. our energy mix is very complicated. what's important, though, is that at the turn of the century, 30 odd percent of our electricity came from coal fired power stations . now it's less power stations. now it's less than 2. renewab

well, liam halligan will join me shortly with on the money to give us the full rundown on martin daubney>> brand new sundays from 6 pm. >> the neil oliver show. >> the neil oliver show. >> it's absolutely vital that people are given the opportunity to take part in the debate. >> to say the things that matter to them, to be challenged. a country is only really a shared dream. as long as enough people have a shared idea of what it is, then that country exists . is, then that country exists. >> what gb news does is give voices somewhere they can be heard. >> the needle of a show sundays from 6 pm. on. >> the needle of a show sundays from 6 pm. on . gb news. from 6 pm. on. gb news. >> welcome back. 437 is your time. i'm martin daubney and this is gb news. now, later in the show, i'll tell you how gb news has helped to raise thousands of pounds for a splendid charity trying to build a tribute to some second world war heroes. marvellous stuff . war heroes. marvellous stuff. now retail sales flatlined in february after extremely wet weather put off shoppers from heading out to the high street.

and that's what in turn is driving politics. >> liam halligan he he knows his stuff inside out now.had some this morning. that's why you look uguer morning. that's why you look uglier you did 8:00 this morning. >> this might be. >> this might be. >> that's a good one. so it says. >> it says you look less attractive when you eat carbs for your breakfast. >> but there's >> yeah, but there's a difference, between you difference, carol, between you are extraordinaire. difference, carol, between you are know, extraordinaire. difference, carol, between you are know, differenceaire. difference, carol, between you are know, difference between you know, the difference between less uglier. less attractive and uglier. and you went straight for uglier. >> normally i normally have >> i normally i normally have for my breakfast a banana and a yoghurt some raisins. today yoghurt and some raisins. today you all of that. gave me you had all of that. she gave me a roseanne. a cake. roseanne. >> that's you have . >> that's what you have. >> that's what you have. >> to make me ugly, >> she wants to mak

so this is a very depressing about frances halligan and, you know, i continue to get out of the company because that is all the skills i have as a reporter my single biggest one is i'm a weasel to whom people wish to give documents and and there was i the marketing presentation noting the company had long focused on something called a metric called k2 cow cares about you and it was just a simply a one survey question, which is does the company does facebook care you and they'd long that if this number tanked it was going to just destroy their business that you know, there was going to be a point at which they would be so unlikable that people would using their products, they actually in the wake of frances testimony that this was no longer true and that, in fact, that usage recovered within the week from drop off it had and you know, i think it's a look that it's a people still use it because it's compelling product and because their friends are on there did anyone ask for you know videos from unconnected sources to start getting like sort of prominently in their feed? absolutely not. y

com i'm joined by gb news economics and business editor liam halligan.m the funny things budgets, aren't they? because you know what gets said in the hour and six minutes as it was. and then the small print the analysis time to think it through . if this was designed to through. if this was designed to be the big tax cutting budget, the agenda changing budget, i mean, i would argue it seems to have bombed budgets. >> they're like a window onto the soul of the politician or the soul of the politician or the senior politicians controlling them . and this very controlling them. and this very much is a double act. obviously, the prime minister was recently the prime minister was recently the chancellor, and this is very much a number 10 and number 11 efforts. this was by no means a pre—election budget. it was lacking in definition. it was lacking in definition. it was lacking in definition. it was lacking in courage . i would say lacking in courage. i would say it strikes me that jeremy hunt is a very low key politician who should really have gone into bat a

and joining us now to give us that figure is liam halligan in the studio.p . bigger than expected drop. >> yeah this is a drop from inflation was 4% in january. that means between during that means that between during the year to january prices rose 4. that's double the bank of england's 2% target. that headune england's 2% target. that headline inflation number, isabel, is now down to 3.4, a little bit lower than expected. that's a two and a half year low. so prices are still going up. but during the year to february they went up by 3.4. what does this mean. well off the bat it means that when the bank of england's monetary policy committee meets tomorrow, the nine economists there who set interest rates, they're more likely now to lower interest rates from where they currently are, 5.25. but i still don't think they're likely enough . i think they're likely enough. i still think interest rates tomorrow will be held at 5.25, but this number definitely bfings but this number definitely brings forward the day when those interest rates will start to fall. >> a

liam halligan. he's got the latest . the latest. >> it is budget day. the chancellor will be up on his hind legs at the commons despatch box at 1230. we know some tax cuts are coming. will they be enough? and can the chancellor pull a rabbit out of his budget hat? or is the rabbit dead ? dead? >> big wins for donald trump and joe biden in their super tuesday election contest. it looks almost certain that the pair will go head to head again in november. let's hear it from that man, trump. >> the poll numbers are so much higher than joe biden's. he's the worst president in the history of our country. there's never been anything like what's happening to our country. >> goldsmith guns for meghan, the princess of wales uncle, tells big brother housemates that meghan markle creates drama to rewrite history. just have a listen when they were a threesome. >> so kate, william and harry, they look really comfortable together. love. and then suddenly there's an extra dynamic that comes in, puts a stick in the spokes , and creates stick in the spokes, and creates s

liam halligan always on the money, always a pleasure. and never a chore.ess owner on what rishi sunak's plans could mean for them. you're with martin daubney gb news. welcome back. it's 349. i'm martin daubney on gb news now. rishi sunak says he will cut red tape for small businesses during his speech at the business connect conference in warwickshire early today. the prime said things were prime minister said things were still tough for small businesses but insisted that the government's plan was starting to work well. gb news presenter pip tomson is with a small business owner now in nuneaton. pip, welcome to the show. so let's find out. did rishi sunak give enough away today to content that small business owner where you are on the ground in nuneaton? let's find out . out. >> good afternoon to you martin. well i met this small business owner, joe williams, a little earlier at a small business boot camp run by the federation of small businesses. anyway we got chatting and she said, come out to nuneaton, come and see my gift shop. so i'm here now. it's be

well, our economics and business editor, liam halligan has all the details.dio. he's in our westminster studio. liam, i right? if you're liam, am i right? if you're a lot of people now, i bought my first. i was very lucky when i was 21. these days people are lucky if they can afford to buy a house sometimes when they're 3540. so this age limit could be problematic . problematic. >> i agree, i was surprised when i saw this from the halifax. >> you know the halifax tends to has a has a reputation. it was obviously founded as a mutual rather than a bank, a building society back in the day. it has a reputation for being very customer friendly , a bit less, customer friendly, a bit less, hard nosed , if you like, than hard nosed, if you like, than many other commercial lenders. but i agree with you, andrew. when you have so many youngsters struggling to get on the housing ladden struggling to get on the housing ladder, an age limit on a mortgage does , you know, put the mortgage does, you know, put the squeeze on, i mean, back in the mid 90s when i bought my first

>> indeed, liam halligan many, many people out there will agree when reality trumps zealotry.much. now i've got some breaking for news you here. and that's reality tv star katie price has been fined £880 after being found guilty in her absence at northampton magistrates court of driving without a licence and without insurance. a quick repeat of that. katie price has been fined £880 after being found guilty in her absence at northampton magistrates court of driving without a license and without insurance . now there's plenty insurance. now there's plenty more to bring you in just a moment, but first, in a gb news series innovation britain, we are looking at the success of british manufacturing around the country i >> -- >> we're here at sky blade precision engineering. they're based in derbyshire now. they've just invested in a brother studio with an automation cell next to it. now you're a subcontract machine shop, aren't you, paul ? you, paul? >> that's right. >> that's right. >> i mean, we make components for commercial industries. >> industrial equipment, mainly hydraulic ,

. >> well, let's get more with liam halligan now.on the money . liam, here's with on the money. liam, here's the fundamental point about renewables. in most cases, they're not reliable . they're not reliable. >> look, the uk has completely transformed its energy mix where we get our electricity from over the last couple of decades, as recently as the turn of the century. so 2003, 4 or 5, we were still using coal fired power stations for 30. sometimes 40% of our electricity. that number is now 1 or 2% at most renewables . on the other hand, renewables. on the other hand, are some days up at 30 or 40% of our electricity mix . the trouble our electricity mix. the trouble is, tom and emily, as the prime minister has pointed out, and it's good to see some realism now in this net zero debate. renewables only work when the wind is blowing and or the sun is shining , wind is blowing and or the sun is shining, and it's very hard to store energy battery technology just isn't there yet. and so when renewables aren't working and often in the uk,

but was saying but liam halligan was saying earlier gdp earlier today, our gdp per capha earlier todayr capita has shrunk the last six quarters. that doesn't sound great. because they're great. you know, because they're always oh, gdp always spinning it like, oh, gdp is capita is is amazing. but per capita is what tends to matter for living standards as an individual. >> question is can >> the important question is can we on brexit? because i we blame it on brexit? because i think want to think that's what people want to do, isn't it? >> i blame immigration just it's like for me. like a blanket policy for me. it's heuristic. just like a blanket policy for me. it's it heuristic. just like a blanket policy for me. it's it for heuristic. just like a blanket policy for me. it's it for absolutelyc. just everything. >> we blame whatever >> we just blame whatever our bugbear. yeah. >> other people blame >> whereas other people blame it all on brexit. >> it could just be that >> i mean, it could just be that we shut down the for we shut down the economy for a couple years. couple of years. >>

but was saying but liam halligan was saying earlier gdp earlier today, our gdp per capha earlier todaycapita has shrunk the last six quarters. that doesn't sound great. because they're great. you know, because they're always oh, gdp always spinning it like, oh, gdp is capita is is amazing. but per capita is what tends to matter for living standards as an individual. >> question is can >> the important question is can we on brexit? because i we blame it on brexit? because i think want to think that's what people want to do, isn't it? >> i blame immigration just it's like for me. like a blanket policy for me. it's heuristic. just like a blanket policy for me. it's it heuristic. just like a blanket policy for me. it's it for heuristic. just like a blanket policy for me. it's it for absolutelyc. just everything. >> we blame whatever >> we just blame whatever our bugbear. yeah. >> other people blame >> whereas other people blame it all on brexit. >> it could just be that >> i mean, it could just be that we shut down the for we shut down the economy for a couple years. couple of years. >> me

liam halligan joins us now from the city of london. good morning to you, liam.o hold today. >> we are i'm afraid a lot of people with mortgages and personal loans want to see interest rates fall. on the other hand, a lot of people who live on their savings want to see interest rates stay where they are or even go up because rates for so long have been less than the rate of inflation, which means that the return on your savings is negative . look, your savings is negative. look, the bank of england is meeting in the building behind me, the nine members of the monetary policy committee, they're looking at a raft of data from the uk and across the world. as you rightly say, we had a figure out yesterday , inflation during out yesterday, inflation during the year to february fell from 4% in january to 3.4. that's quite a sharp fall. but it is still well above the bank of england's 2% target. and i can't see those nine members of the mpc voting. five of them have to vote for a rate cut for it to happen. i can't see that happening today. i'm afraid we'll know at noon.

. >> well, let's get the latest from our economics and business editor liam halligan.e government have now confirmed that they are planning to outlaw foreign ownership newspapers . foreign ownership of newspapers. >> pretty much, ellie, i should say at the outset, i've written a column for the telegraph for the thick end of 20 years. crikey where did that go? and i also regularly for the also write regularly for the spectator . now, what happened in spectator. now, what happened in the lords yesterday is that peers were debating the ownership, foreign ownership ownership, the foreign ownership of newspapers, and there's a groundswell of opinion, not just among people in the upper house, but also right across the house of commons. hundreds of mps have registered their concerns about the potential takeover of the telegraph and the spectator by a consortium backed by the government of the united arab emirates. of course, a wealthy oil nation in the middle east. this has been going on for many months. it happened because the barclay brothers , their holding barclay brother

liam halligan. do you think he's the man that's going to pull together the red wall for you guys?tirely, the idea of having working class candidates will turn the red wall turquoise, not blue. and yet many of our candidates are working class. we are the people's party of this country. we're going to give this country back to its citizens. we're going to stand to the woke going to stand up to the woke establishment. and people like leigh i say, say it how it leigh as i say, say it how it is. and that's what the silent majority hear. majority want to hear. >> okay. >> okay. >> and andrew, as chris opened the here with martin, the studio here with martin, is your reform you your problem now? reform you don't know where voters live. you're basically a social media campaign man with a couple of high profile politicians leading it , many high profile politicians leading it, many people high profile politicians leading it , many people haven't heard of it, many people haven't heard of us. we're polling quite high. irrespective of that , i'm irrespective of that, i'm campaigning hard in d

if you listen to the excellent liam halligan. he explained this brilliantly.p in when there's no wind, and this costs a fortune. and has put bills up for everyone. but honestly, i do think the tide is turning. public opinion is changing. look at what happened in uxbridge with sadiq khan's ridiculous policy . he, you ridiculous ulez policy. he, you know, the by—election was was a huge backlash . and we're still huge backlash. and we're still going to need oil and gas for the next two decades. that's true, as we need it to prop up renewables as well, isn't it? >> yeah. no no no, stop, renewables as well, isn't it? >> yeah. no no no, stop , lee >> yeah. no no no, stop, lee brilliantly said. as ever, lee, thank you so much. and also, of course, david barber in watford. those are my great british voices lovely to hear their thoughts. what yours? thoughts. what are yours? stay tuned. supplement next. good afternoon. welcome this is gb news. i'm nana akua. it's time now for supplement sunday. where my panel and i discuss some of the news stories that caught their eye