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May 28, 2024
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keir starmer and rachel reeves, and the rest of the labour party think that voters want to be reassured that they will be a safe pair of hands, if you like, if they are in charge of the economy. but there's also a note of caution — darrenjones covid labour's shadow chief secretary to the treasury, means topic he'd be in charge of public spending, figuring out which department gets which budget. he says labour has the toughest fiscal inheritance since the second world war — they clearly talk about the fact that if labour came into power, they wouldn't play fast and loose, the words they've been using. the conservatives of well have been talking about various economic things today, we've heard from them about this idea that the triple locked plus, raising the tax—free pension allowance pensioners get— that's because some pensioners get— that's because some pensioners could pay income tax because rates have been frozen for the last few years. pensioners are obvious the part of the real voter base, and i think this is a way of trying to get their base out to vote for them on polli
keir starmer and rachel reeves, and the rest of the labour party think that voters want to be reassured that they will be a safe pair of hands, if you like, if they are in charge of the economy. but there's also a note of caution — darrenjones covid labour's shadow chief secretary to the treasury, means topic he'd be in charge of public spending, figuring out which department gets which budget. he says labour has the toughest fiscal inheritance since the second world war — they clearly talk...
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May 28, 2024
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at britain's world beating exporter ofjet engines, the shadow chancellor, rachel reeves, heralded the support of over 120 business executives for a change of government. i can say with confidence that this labour party is the natural party of british business. it's take—off for the election campaign with big calls being made by the two main parties. the conservatives are making almost daily policy announcements that involve tax and spend, without being fully accounted for. labour say they don't want to follow the conservatives down what they say is a rabbit hole and have a singular message of stability, stability, stability — and they're trying to remind the electorate of what happened under liz truss no tax rises, says the shadow chancellor, rachel reeves, but nor will she match the pension tax cut. what you won't get from me, either in this election campaign or if i become chancellor of the exchequer in a few weeks' time, is any commitments that is not fully costed and fully funded, because if you do that, you're going down the liz truss route and we saw the damage that she did
at britain's world beating exporter ofjet engines, the shadow chancellor, rachel reeves, heralded the support of over 120 business executives for a change of government. i can say with confidence that this labour party is the natural party of british business. it's take—off for the election campaign with big calls being made by the two main parties. the conservatives are making almost daily policy announcements that involve tax and spend, without being fully accounted for. labour say they...
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May 22, 2024
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caroline: let's talk about rachel reeves who is the shadow chancellor. meaning she is in the opposition party of labor. and they have been well ahead in terms of the polls thus far. and the labor leader has been launching his six pledges, a first step to guiding the u.k. going forward and it's not just about the here and now of inflation. it's about health care, access to nhs waiting lists and that comes down to funding. more broadly would it be the viewpoint from the economy here that labor would in any way change the trajectory? >> it is one thing. promises are another thing. so for sure rachel reeves has constantly said she would increase government spending in order to help along the lines of health care and national insurance, pensions in particular which will be a contentious issue for the next chancellor. the imf has said you can either decrease taxes nor increase government spending. the economy won't be able to take it. the u.k. just came out of recession in the first quarter. and that was a big relief to the authorities. that could be in jeopar
caroline: let's talk about rachel reeves who is the shadow chancellor. meaning she is in the opposition party of labor. and they have been well ahead in terms of the polls thus far. and the labor leader has been launching his six pledges, a first step to guiding the u.k. going forward and it's not just about the here and now of inflation. it's about health care, access to nhs waiting lists and that comes down to funding. more broadly would it be the viewpoint from the economy here that labor...
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May 26, 2024
05/24
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>> do you mean rachel reeves? >> reeves ? sorry. >> reeves? sorry. >> reeves? sorry. >> rachel reeves. stevens is from s club. >> sorry. no i like her, too. and i think she'd be a rubbish chancellor. but rachel reeves, i think, is a force. >> she is. she's an impressive politician . politician. >> she is an impressive politician. and i think i think at the moment labour are ahead. okay. >> who's the three days? who's winning so far? nina briefly a couple of seconds. >> labour and rishi sunak. that drenching. oh. it's washed out drowned rat. >> and, briefly jasmine who's winning so far. >> yes, i think labour and lib dems. i think they are definitely . but you know, as far definitely. but you know, as far as i'm concerned, a lot of people are concerned labour, conservative have their two cheeks okay behind two, two cheeks okay behind two, two cheeks are we. >> we ended on a very different we ended on a bum, listen, michael , we ended on a bum, listen, michael, come and see us again soon. thanks for my pundits and the team. i'll see you tomorrow at nine. headline
>> do you mean rachel reeves? >> reeves ? sorry. >> reeves? sorry. >> reeves? sorry. >> rachel reeves. stevens is from s club. >> sorry. no i like her, too. and i think she'd be a rubbish chancellor. but rachel reeves, i think, is a force. >> she is. she's an impressive politician . politician. >> she is an impressive politician. and i think i think at the moment labour are ahead. okay. >> who's the three days? who's winning so far? nina...
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May 29, 2024
05/24
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rachel reeves has used her first major speech of the election campaign to spotlight the much criticised mini—budget of the former prime minister, liz truss, which she blamed for costing homeowners around £240 more every month. speaking to gb news political editor christopher hope, miss reeves said wages remain flat and taxpayers are being constantly asked to pay more for less. >> everything that i put forward will be fully costed and fully funded because i will never play fast and loose with the public finances, because when you do so , you put family finances and pensioners finances in peril. and the conservatives are now adding bauble after bauble to the christmas tree without any idea of how they're going to fund these new commitments. yesterday they said they were going to use this money to create national service scheme. today, they're saying they'll use the same pot of money to give a tax break for pensioners . give a tax break for pensioners. well, the reason that pensioners are paying more tax today is because of decisions by this conservative prime minister >> the deputy lab
rachel reeves has used her first major speech of the election campaign to spotlight the much criticised mini—budget of the former prime minister, liz truss, which she blamed for costing homeowners around £240 more every month. speaking to gb news political editor christopher hope, miss reeves said wages remain flat and taxpayers are being constantly asked to pay more for less. >> everything that i put forward will be fully costed and fully funded because i will never play fast and...
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May 26, 2024
05/24
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you had rachel reeves and james cleverly talking about funding. tam. cleverly talking about funding. tom, the labour cleverly talking about funding. tom, the labour party _ cleverly talking about funding. tom, the labour party have _ cleverly talking about funding. tom, the labour party have called - cleverly talking about funding. tom, the labour party have called it a gimmick and criticised the funding aspect without actually dismissing the idea in principle. a lot of the principle of keir starmer as he tries to be everything to more people. —— to all people. i tries to be everything to more people. -- to all people. i 'ust heard about it i people. -- to all people. i 'ust heard about it today i people. -- to all people. i 'ust heard about it today and h people. -- to all people. ijust heard about it today and there | people. —— to all people. ijust heard about it today and there are quite _ heard about it today and there are quite some — heard about it today and there are quite some gaps in funding and detaii — quite some gaps in fu
you had rachel reeves and james cleverly talking about funding. tam. cleverly talking about funding. tom, the labour cleverly talking about funding. tom, the labour party _ cleverly talking about funding. tom, the labour party have _ cleverly talking about funding. tom, the labour party have called - cleverly talking about funding. tom, the labour party have called it a gimmick and criticised the funding aspect without actually dismissing the idea in principle. a lot of the principle of keir...
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May 18, 2024
05/24
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rachel reeves don't more houses. rachel reeves don't do this. we need to build on the grotty bits of the greenbelt and protect the actual green bits of the greenbelt. >> this is not going to work. it's only going to the marginal landlord. this is going to just leave the market. it won't be worth it for them. >> they'll just say, i think it's fine for local councils to have the powers, but i don't think that it should be imposed across the country. i don't, and neither does all. >> you're going to have the powers at all, you know. not a lot of them are bankrupt. if you've seen, especially some of the labour ones. i know some conservative ones too. >> yeah, but from the tories, birmingham, from labour. >> but look, this hasn't worked in scotland. it hasn't worked. >> it hasn't worked even to open the door to it. >> it frightens people. >> it frightens people. >> why should mention it's, it's her pet project, you know, we need quality. we need quality landlords, we need quality homes, and we need more. we certainly need more homes. >> well, listen,
rachel reeves don't more houses. rachel reeves don't do this. we need to build on the grotty bits of the greenbelt and protect the actual green bits of the greenbelt. >> this is not going to work. it's only going to the marginal landlord. this is going to just leave the market. it won't be worth it for them. >> they'll just say, i think it's fine for local councils to have the powers, but i don't think that it should be imposed across the country. i don't, and neither does all....
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May 25, 2024
05/24
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of course , the rachel reeves? of course, the shadow chancellor, actually being not only having her say as she is today in a very big article in the mail and part of her say is saying that i feel i can say to male readers that your natural home is now the labour party. you can trust me with your money. it's not just that she's saying it, it's that the mail has actually given her all of that coverage . why do you all of that coverage. why do you think they're changing their loyalties? maybe towards labour? and are you worried that that that's the very audience you need to stick with you, isn't it ? >> well, 7- >> well, we 7 >> well, we want every but it's a stick with us on every newspaper across the political spectrum. so but at the same time, i think in an election campaign, it's fair enough that the shadow chancellor gets to make her case. i don't i'm pretty relaxed about that. all i would say to mail readers, my mother is definitely one, and i hope my mother is up and watching, is, you know, if you if you believ
of course , the rachel reeves? of course, the shadow chancellor, actually being not only having her say as she is today in a very big article in the mail and part of her say is saying that i feel i can say to male readers that your natural home is now the labour party. you can trust me with your money. it's not just that she's saying it, it's that the mail has actually given her all of that coverage . why do you all of that coverage. why do you think they're changing their loyalties? maybe...
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May 18, 2024
05/24
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the shadow chancellor, rachel reeves , is chancellor, rachel reeves, is known to be a fan of the idea. it would allow councils to prevent landlords raising rents above a set amount every year, but trials in scotland found it reduced the supply of housing and actually forced up the rents. well, joining me now is gb news political correspondent, olivia utley. olivia i know for a fact there'll be certain people in westminster who are pulling out their hair saying, it's the supply you need to fix. >> i think you're absolutely right there , darren. it's not right there, darren. it's not 100% clear to what extent this is a sort of official labour policy. the labour party have categorically denied that it would be a national policy across the country . it seems to across the country. it seems to be something that rachel reeves, the shadow chancellor, is a fan of, in theory. and what's happenedis of, in theory. and what's happened is she has not ruled out allowing councils to introduce rent caps if they want to up and down the country. but of course , you know, even if of course, you know, ev
the shadow chancellor, rachel reeves , is chancellor, rachel reeves, is known to be a fan of the idea. it would allow councils to prevent landlords raising rents above a set amount every year, but trials in scotland found it reduced the supply of housing and actually forced up the rents. well, joining me now is gb news political correspondent, olivia utley. olivia i know for a fact there'll be certain people in westminster who are pulling out their hair saying, it's the supply you need to fix....
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May 30, 2024
05/24
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but rachel reeves, our shadow chancellor, i, keirand others rachel reeves, our shadow chancellor, i, keir and others have consistently been pointing to the fact that — consistently been pointing to the fact that we want taxes to come down _ fact that we want taxes to come down. ,, ., , fact that we want taxes to come down. , .,. .,, down. sorry, iwill interact asi want us to _ down. sorry, iwill interact asi want us to start _ down. sorry, iwill interact asi want us to start this _ down. sorry, iwill interact as i i want us to start this conversation with clarity. this is specifically about vat. this is specifically about vat. this is specifically about whether or not vat would have been raised or increased during the first parliament. rachel reeves and keir starmer were asked repeatedly if they would raise or increase vat, and there was no yes or no answer given until yesterday evening. why was that? we given until yesterday evening. why was that? ~ ., ., ., , ~ . was that? we are not raising vat. we are not raising — was that? we are not raising vat. we are not raising income _
but rachel reeves, our shadow chancellor, i, keirand others rachel reeves, our shadow chancellor, i, keir and others have consistently been pointing to the fact that — consistently been pointing to the fact that we want taxes to come down _ fact that we want taxes to come down. ,, ., , fact that we want taxes to come down. , .,. .,, down. sorry, iwill interact asi want us to _ down. sorry, iwill interact asi want us to start _ down. sorry, iwill interact asi want us to start this _ down....
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May 19, 2024
05/24
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the alternative is shadow chancellor rachel reeves , shadow chancellor rachel reeves, who has tried to paint herself as the new margaret thatcher. except it was margaret thatcher that dismantled the out of control unions, not emboldened them . i'm not convinced by them. i'm not convinced by labour's claims of moderation . labour's claims of moderation. sir keir starmer is no tony blair, a man that i voted for three times, and rachel reeves is no margaret thatcher. she's more iron curtain than iron lady. there is a narrative at the moment that the tories are in disarray , and that the in disarray, and that the economy is in the toilet. well, listen, folks , i don't like listen, folks, i don't like narratives because they often don't bear scrutiny. they perpetuate myths and untruths and are leveraged for political gain. it just isn't true. the tories were in disarray until sunak. now they are not the economy was in the toilet until sunak. economy was in the toilet until sunak . now it is not. what's sunak. now it is not. what's very clear is that our toilet dwelling days will begin in ea
the alternative is shadow chancellor rachel reeves , shadow chancellor rachel reeves, who has tried to paint herself as the new margaret thatcher. except it was margaret thatcher that dismantled the out of control unions, not emboldened them . i'm not convinced by them. i'm not convinced by labour's claims of moderation . labour's claims of moderation. sir keir starmer is no tony blair, a man that i voted for three times, and rachel reeves is no margaret thatcher. she's more iron curtain than...
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May 28, 2024
05/24
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at the rolls royce factor in derby shadow chancellor, rachel reeves, was telling her audience that labour is now the "natural party for british business". in her hand she had a list of 121 businesses who say are supporting labour's plan for growth. there will be no tax rises in the next parliament, said labour, but if they stick by their pledge not to cuts to public services, then where is the money coming from? we will get to that shortly but lets begin with that conservative�*s pledge on pensions. ben chu has been taking a look at the details. first the context, a personal allowance is what someone can earn before having to pay income tax. it's been frozen around 12 thousand £500. that's an effective tax rates because as people's wages increase over time more of that income goes above the personal tax allowance and they pay more income tax than they would otherwise. 0ne they pay more income tax than they would otherwise. one group who would have been set to be hit by this rise is people receiving the new state pension. in 2027 that's expected to rise above the level of the personal l
at the rolls royce factor in derby shadow chancellor, rachel reeves, was telling her audience that labour is now the "natural party for british business". in her hand she had a list of 121 businesses who say are supporting labour's plan for growth. there will be no tax rises in the next parliament, said labour, but if they stick by their pledge not to cuts to public services, then where is the money coming from? we will get to that shortly but lets begin with that conservative�*s...
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May 26, 2024
05/24
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but we're now in a position where, givenjeremy hunt and rachel reeves said they want to get the debt down, there really isn't space for more tax cuts unless they're going to spell out exactly what spending cuts are going to come alongside those — not least because penciled into the government's figures already are some harsh cuts across ranges of public services. do you think voters understand enough about debt? i mean, needs be taken presumably in relation to the country's income. i think neither party is spelling out the difficulties. they're both saying they want to get that down. i'm simply taking them out there where there. i'm not saying that is necessary. but both the chancellor and the shadow chancellor remain absolutely crystal clear that they are absolutely committed to getting debt down. getting debt down will require either some spending cuts or some tax increases or some combination of the two. what concerns me is neither of them are making that in the least bit clear. you've already heard jeremy hunt saying he wants to reduce taxes — well, we all want to reduce taxe
but we're now in a position where, givenjeremy hunt and rachel reeves said they want to get the debt down, there really isn't space for more tax cuts unless they're going to spell out exactly what spending cuts are going to come alongside those — not least because penciled into the government's figures already are some harsh cuts across ranges of public services. do you think voters understand enough about debt? i mean, needs be taken presumably in relation to the country's income. i think...
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May 18, 2024
05/24
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and we know that rachel reeves is a fan. why is that? >> i think it's one of those things that it it sounds good. it sounds like a good quick fix. it sounds like a good quick fix. it is popular with renters for obvious reasons. you know, it sounds like something's on your side. and also, let's face it, landlords are not a particularly popular group. they're particularly not very popular among the labour party. so it sounds good. you know, if you're old fashioned labour or young laboun old fashioned labour or young labour, sticking it to the landlords is a very nice popular policy. >> but we live in a time where, as we were all agree, is that there's not enough housing, and i just wonder how moral it is anymore for anyone to be a landlord or to or to own more than one house. i mean, what what chance do young people have nowadays to even rent a property , let alone own a property, when clearly rents are just too hard? they're unaffordable . they're unaffordable. >> but that's largely driven by mismatch between supply and demand, driven by
and we know that rachel reeves is a fan. why is that? >> i think it's one of those things that it it sounds good. it sounds like a good quick fix. it sounds like a good quick fix. it is popular with renters for obvious reasons. you know, it sounds like something's on your side. and also, let's face it, landlords are not a particularly popular group. they're particularly not very popular among the labour party. so it sounds good. you know, if you're old fashioned labour or young laboun old...
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May 26, 2024
05/24
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they today have said in response to rachel reeves, they had accused labour of unfunded spending and that they had no plan to cut taxes and ease the burden on families, and they have also said that with labour, they have warned voters it puts them with the same old labour party who as soon as they run out of money will come after yours. so you can see this will be a very tense topic during the election and those conversations around the economy and taxes will just conversations around the economy and taxes willjust keep on going and those arguments will definitely keep on going. {lila those arguments will definitely keep on anoin. ., ~ , . on going. 0k, thank you very much for that. and before we go, a quick reminder — you can find all the latest on the general election here in the uk. we're running a live page with continuous coverage. you can find that on the bbc news app and on our website. officials in ukraine say 1a people have been killed and 43 others wounded after russian forces hit a supermarket in the northern ukrainian city of kharkiv. two glide bombs hit the building on satu
they today have said in response to rachel reeves, they had accused labour of unfunded spending and that they had no plan to cut taxes and ease the burden on families, and they have also said that with labour, they have warned voters it puts them with the same old labour party who as soon as they run out of money will come after yours. so you can see this will be a very tense topic during the election and those conversations around the economy and taxes will just conversations around the...
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May 25, 2024
05/24
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what are rachel reeves saying that it is already costed and won't require more borrowing. do you agree that? the commitments that they have made are extremely limited. they also haven't told us how they would take on this situation. as i've said, the current figures imply some cuts across areas of public spending. what labour has not said explicitly is that, yes, we accept that, and we accept cuts, or no we don't, and we avoid all those cuts because that involves tax rises. the tax increases they have talked about are tiny by comparison of the scale of the challenges we face. what about the lim dems. do you think their figures add up? i'm not sure we have a lot of figures from the lib dems. i'm not sure they have engaged with the scale of these issues. like the two main parties, they would rather not discuss that. we are not in a world where, we can remember some time ago where the lib dems said they were going to increase income tax, and with all their proposals maybe that will come out later on. at the moment, i am not aware that they have made anything different in thei
what are rachel reeves saying that it is already costed and won't require more borrowing. do you agree that? the commitments that they have made are extremely limited. they also haven't told us how they would take on this situation. as i've said, the current figures imply some cuts across areas of public spending. what labour has not said explicitly is that, yes, we accept that, and we accept cuts, or no we don't, and we avoid all those cuts because that involves tax rises. the tax increases...
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May 26, 2024
05/24
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they today have said in response to rachel reeves, they have accused labour of unfunded spending and that they had no plan to cut taxes and ease the burden on families, and they have also said that with labour, they have warned voters it puts them with the same old labour party who as soon as they run out of money "will come after yours". so you can see this will be a very tense topic during the election and those conversations around the economy and taxes willjust keep on going and those arguments will definitely keep on going. you can keep up—to—date with all the twists and turns on the election trail and we are running a continuous live page on the website and on the bbc news app as well. the united nations says more than 670 people are feared dead in a huge landslide in the pacific nation of papua new guinea. dozens of houses are thought to have been buried in rock and earth. the disaster was sparked by an earthquake that hit enga province, some 370 miles north—west 370 miles north—west of the capital. this report is from our correspondent katy watson in sydney. a scene o
they today have said in response to rachel reeves, they have accused labour of unfunded spending and that they had no plan to cut taxes and ease the burden on families, and they have also said that with labour, they have warned voters it puts them with the same old labour party who as soon as they run out of money "will come after yours". so you can see this will be a very tense topic during the election and those conversations around the economy and taxes willjust keep on going and...
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May 26, 2024
05/24
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so in terms of what labour was talking about today, rachel reeves focusing on the economy. that's right, labourfocusing on the economy this morning, and speaking to laura kuenssberg, the main promise she made was that labour wouldn't raise income taxes, and although she did not entirely rule out the spending cuts, this is a question both parties will be facing with inflation at the moment, there is a question about whether there will be real terms cuts to some unprotected departments. they said they would be investing in core departments like police and schools and one be returning to austerity but did not rule out further spending cuts. it does, does it not, mean cuts to some public service spending? well, there's not going to be a return to austerity under. a labour government. i that's not my question. well, you know, we had austerity i for five years and that is part . of the reason why our economy and our public services - are in a mess today. there is no spending review. the government haven't done a spending review, _ so there's no allocations for departments. - i wo
so in terms of what labour was talking about today, rachel reeves focusing on the economy. that's right, labourfocusing on the economy this morning, and speaking to laura kuenssberg, the main promise she made was that labour wouldn't raise income taxes, and although she did not entirely rule out the spending cuts, this is a question both parties will be facing with inflation at the moment, there is a question about whether there will be real terms cuts to some unprotected departments. they said...
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May 10, 2024
05/24
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rachel reeves wasn't as upbeat as jeremy hunt. we all welcome the fact that the economy is no longer in recession, but it's hardly cause for a victory lap. and if you look at the forecasts from the oecd, who look at the major industrialised economies, they say that, of those economies, of the g7 economies, the uk will have the second slowest growth rate this year and the lowest growth rate next year. i don't think that is a cause for celebration. my ambition for britain is so much greater than merely the economy not being in recession. so, rachel reeves talking about growth rates and you touched on this in terms of historic numbers, but how do these figures compare with the sort of growth we have seen in the sort of growth we have seen in the past? hat the sort of growth we have seen in the ast? ., , , the past? not very well, is the short answer. _ the past? not very well, is the short answer. for— the past? not very well, is the short answer. for the - the past? not very well, is the short answer. for the last - the past? not
rachel reeves wasn't as upbeat as jeremy hunt. we all welcome the fact that the economy is no longer in recession, but it's hardly cause for a victory lap. and if you look at the forecasts from the oecd, who look at the major industrialised economies, they say that, of those economies, of the g7 economies, the uk will have the second slowest growth rate this year and the lowest growth rate next year. i don't think that is a cause for celebration. my ambition for britain is so much greater than...
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May 7, 2024
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in a speech in the city of london today the shadow chancellor rachel reeves attempted to pre—empt any potential positive news from the government. in a moment we'll talk to labour's james murray, shadow financial secretary to the treasury. first here's ben. is the government "gaslighting" us over the state of the economy, as labour's shadow chancellor rachel reeves claimed today? in other words, are ministers trying to convince you that things are better than they seem, despite your own perceptions? well, let's start with the picture of the overall uk economy, measured by gross domestic product. official data suggests we went into a mild recession in the final half of last year, shown in grey. but new figures to be released on friday are expected to suggest we emerged from that recession in the first quarter of 202a, with gdp growing again. and the office for budget responsibility, the government's official forecaster, is projecting the economy to continue to grow over the course of this year. the 0br also projects inflation to continue to fall this year, actually going below the bank
in a speech in the city of london today the shadow chancellor rachel reeves attempted to pre—empt any potential positive news from the government. in a moment we'll talk to labour's james murray, shadow financial secretary to the treasury. first here's ben. is the government "gaslighting" us over the state of the economy, as labour's shadow chancellor rachel reeves claimed today? in other words, are ministers trying to convince you that things are better than they seem, despite your...
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May 30, 2024
05/24
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i mean, rachel reeves, our shadow chancellor, has been consistently clear even before the general election was called, that we think the tax burden under the conservatives has become too high. it's the highest it has been in 70 years on working people, and we want that to come down because we want it to come down. we're not going to be increasing taxes on working people. >> sir keir starmer is in wales today to campaign alongside first minister vaughan gething, who's facing a no confidence vote next week. the labour leader is expected to recommit to investing in britain's steel industry amid concerns over job losses at port talbot steelworks. it's understood he'll also outline plans to cut nhs waiting times and recruit more teachers and police officers . and a child is among officers. and a child is among four people shot near a restaurant in hackney in east london. police were called to kingsland high road at 9:20 last night. they say the child remains in a serious condition. no arrests have yet been made . no arrests have yet been made. for the latest stories, sign up to gb news alerts b
i mean, rachel reeves, our shadow chancellor, has been consistently clear even before the general election was called, that we think the tax burden under the conservatives has become too high. it's the highest it has been in 70 years on working people, and we want that to come down because we want it to come down. we're not going to be increasing taxes on working people. >> sir keir starmer is in wales today to campaign alongside first minister vaughan gething, who's facing a no...
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May 27, 2024
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rachel reeves labour government. rachel reeves is promising a tough set of spending rules that she says will grow the economy while keeping taxes, inflation and mortgages as low as possible. the tories say their plan, the current economic plan, is working, but labour is arguing that people are feeling worse off. well. for the latest stories, you can sign up to gb news alerts . simply scan the qr news alerts. simply scan the qr code on your screen or go to gb news. com slash alerts. back now to the very rhythmic himself . mark. >> thanks, ray. welcome to mark dolan. tonight is the introduction of national service . the kick up the backside that british youngsters need . i'll be british youngsters need. i'll be asking fearless former government minister ann widdecombe. also tonight is the sun newspaper about to sensationally back sir keir starmer. i'll be asking the sun's former editor, kelvin mackenzie . plus tomorrow's mackenzie. plus tomorrow's newspaper front pages and live reaction in the studio from my top pundit
rachel reeves labour government. rachel reeves is promising a tough set of spending rules that she says will grow the economy while keeping taxes, inflation and mortgages as low as possible. the tories say their plan, the current economic plan, is working, but labour is arguing that people are feeling worse off. well. for the latest stories, you can sign up to gb news alerts . simply scan the qr news alerts. simply scan the qr code on your screen or go to gb news. com slash alerts. back now to...
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May 26, 2024
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rachel reeves i mean , is it a rachel reeves i mean, is it a bold statement? the only way to economic recovery is with a labour government? well, i think that's a very bold statement from her, because i think she will be the one that will be tested and held accountable for that very bold statement. benjamin just quickly, because i think we might we might actually have some action somewhere in the political world. who knows? but very quickly, i mean, rachel reevesis but very quickly, i mean, rachel reeves is saying that labour are the party to trust on the economy . economy. >> well, if you look at what happened under the last labour government and what's happened under the five prime ministers of the conservatives in the last 14 years, then the numbers are much better . when labour 14 years, then the numbers are much better. when labour was in power, you know, you had every single quarter that tony blair was prime minister. you had economic growth . and when you economic growth. and when you got the global financial crash, it recovered rather better than some
rachel reeves i mean , is it a rachel reeves i mean, is it a bold statement? the only way to economic recovery is with a labour government? well, i think that's a very bold statement from her, because i think she will be the one that will be tested and held accountable for that very bold statement. benjamin just quickly, because i think we might we might actually have some action somewhere in the political world. who knows? but very quickly, i mean, rachel reevesis but very quickly, i mean,...
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May 28, 2024
05/24
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yeah, it's been a busy day for rachel reeves. now she's been making a speech in derby setting out what the labour government might do or more often than not, won't do if they win power. in the speech and an interview with me for gb news afterwards at rolls—royce's plant, there , she rolls—royce's plant, there, she made clear labour would not increase national insurance will not increase income tax will not increase corporation tax and have no plans for wealth taxes, thatis have no plans for wealth taxes, that is a big sub space moved, moved to one side to raise money for any plans. the labour's idea is to fund tax growth, tax cuts from growth and the economy is forecast to grow. if labour does win power on july the 4th. so that's where they are and they've been responding and i think slightly tetchily, i would argue to these, these rather bold ideas from the tory party. they're looking of course, at this triple lock plus on pensions. so, pensioners on the national, on the state pension won't be paying , basic rate of won't be
yeah, it's been a busy day for rachel reeves. now she's been making a speech in derby setting out what the labour government might do or more often than not, won't do if they win power. in the speech and an interview with me for gb news afterwards at rolls—royce's plant, there , she rolls—royce's plant, there, she made clear labour would not increase national insurance will not increase income tax will not increase corporation tax and have no plans for wealth taxes, thatis have no plans for...
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May 11, 2024
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the shadow chancellor, rachel reeves, claims people are worse off since rishi sunak came to power. >> if you look at this prime minister's record since rishi sunak became prime minister, the economy is still £300 worse off per person in the country . so per person in the country. so this these numbers today are not deserving of the victory lap that rishi sunak and jeremy hunt seem to want to go on. >> a psychotic ex—prisoner who attacked and killed a grandfather has been handed an indefinite hospital order at the old bailey. thomas o'halloran was riding his mobility scooter in west london when lee byers stabbed him. the 87 year old suffered multiple stab wounds to his neck, his chest and abdomen. police say the motiveless attack has left his family shocked and horrified . sir keir starmer says horrified. sir keir starmer says that he would scrap to scrap rishi sunak's flagship rwanda scheme on day one of a labour government. the labour leader wants to create a new border security command instead, and vowed to make british shores hostile territory for people smuggling gangs. dover m
the shadow chancellor, rachel reeves, claims people are worse off since rishi sunak came to power. >> if you look at this prime minister's record since rishi sunak became prime minister, the economy is still £300 worse off per person in the country . so per person in the country. so this these numbers today are not deserving of the victory lap that rishi sunak and jeremy hunt seem to want to go on. >> a psychotic ex—prisoner who attacked and killed a grandfather has been handed...
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May 7, 2024
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here, the shadow chancellor rachel reeves — who's hoping to take over as finance minister in this year's general election — has accused the government of "gaslighting" the british people over the state of the economy. in a speech to business leaders, she said the government's claims that their economic plan is working are "deluded". they say we have turned a corner. but try telling that to the 6.4 million households across england and wales last year who saw their rent increase or who had to remortgage. or the 950,000 families whose mortgage deal is due to expire between now and january next year. they say the plan is working. is this the same plan that has meant that this is forecast to be the first parliament on record with living standards at the end lower than they were at the start? in other news.... swiss banking giant ubs has made its first quarterly profit since it rescued struggling credit suisse last year. it made $1.8 billion betweenjanuary and march — following two quarters of steep losses. nintendo has posted record profits thanks to the weak yen. but it but warns earnin
here, the shadow chancellor rachel reeves — who's hoping to take over as finance minister in this year's general election — has accused the government of "gaslighting" the british people over the state of the economy. in a speech to business leaders, she said the government's claims that their economic plan is working are "deluded". they say we have turned a corner. but try telling that to the 6.4 million households across england and wales last year who saw their rent...
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May 28, 2024
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rachel reeves was talking to people at the rolls—royce factory in derby today. i want to lead the most pro—growth, the most pro—business treasury that our country has ever seen, with a laser focus on delivering for working people. today, more than 120 senior business leaders have signed a letter expressing their support for a labour government. across the world of business, labour is being recognised as the natural partner of business, the party of growth, and the party of enterprise. the natural party of business, some argue, are the conservatives. they would say that is the case. what has their reaction been? thea;r would say that is the case. what has their reaction been?— their reaction been? they called this letter is _ their reaction been? they called this letter is from _ their reaction been? they called this letter is from -- _ their reaction been? they called this letter is from -- letter - their reaction been? they called this letter is from -- letter from this letter is from —— letter from business leaders a damp squib. they noted there were
rachel reeves was talking to people at the rolls—royce factory in derby today. i want to lead the most pro—growth, the most pro—business treasury that our country has ever seen, with a laser focus on delivering for working people. today, more than 120 senior business leaders have signed a letter expressing their support for a labour government. across the world of business, labour is being recognised as the natural partner of business, the party of growth, and the party of enterprise. the...
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May 28, 2024
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then rachel reeves herself did a speech and i am wondering if she's a bit of an aviation geek because she did her speech at the rolls—royce factory where they make plane engines, and then she did a q&a with keir starmer at the airbus where they make actual planes. so i'm wondering if she's not an av geek, then i wonder if maybe one of her team is. or maybe it's just that we make a lot of plane stuff in this country. we do not that many. we, do not that many. or maybe it's what we want to do. maybe we're all going to have a future as plane—maker that's all aspirational. but then though, alex, the kind of the labour story in the election is now being dominated by other things that aren't their policies. it's labour personnel, for example. angela rayner the deputy leader. yeah. so this was obviously a cloud that really threatens to hang over labour's election campaign because there were questions around angela rayner relating to a house that she had had as a council house that she had as a council house and then under right to buy she bought it and then she went on to sell this. this
then rachel reeves herself did a speech and i am wondering if she's a bit of an aviation geek because she did her speech at the rolls—royce factory where they make plane engines, and then she did a q&a with keir starmer at the airbus where they make actual planes. so i'm wondering if she's not an av geek, then i wonder if maybe one of her team is. or maybe it's just that we make a lot of plane stuff in this country. we do not that many. we, do not that many. or maybe it's what we want to...
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May 30, 2024
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keir starmer and rachel reeves have a plan to increase vat. and they don't want you to know about it until after polling day. and he makes this commitment. not only will a future conservative government not increase any rate of income tax or national insurance, but we also won't increase the main rate of vat for the duration of the next parliament. last night, labour responded immediately. the shadow chancellor, rachel reeves, issued a rebuttal saying... and had a riposte of her own. both parties respond to such criticisms saying they will only make changes they can afford. but while they trade blows, both are accused of ignoring the biggest issue by far — the massive pressures on public spending any future government will face. damian grammaticus, bbc news, westminster. let's talk to our chief political correspondent henry zeffman. we are going to be talking about economic policy today but i think the labour party is very aware of the labour party is very aware of the row and the discomfort around diane abbott's position and what is being s
keir starmer and rachel reeves have a plan to increase vat. and they don't want you to know about it until after polling day. and he makes this commitment. not only will a future conservative government not increase any rate of income tax or national insurance, but we also won't increase the main rate of vat for the duration of the next parliament. last night, labour responded immediately. the shadow chancellor, rachel reeves, issued a rebuttal saying... and had a riposte of her own. both...
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May 3, 2024
05/24
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reeves came here three _ selection, rachel reeves came here three times and they couldn't dislodge ben and the fantastic conservative party and there is a lot that — conservative party and there is a lot that needs to be said in the selection — lot that needs to be said in the selection because they were angry, angry— selection because they were angry, angry that — selection because they were angry, angry that ben has delivered more for this— angry that ben has delivered more for this region in seven years that the labour— for this region in seven years that the labour party has managed and 30. applause _ applause and actually, look where were standing. this airport was going to be closed down, and more flights to more places than ever before. the steel desolate _ more places than ever before. the steel desolate now, citing regeneration projects anywhere in the world — regeneration projects anywhere in the world and you and i, we work together— the world and you and i, we work together on— the world and you and i, we work together on some great things, make sure that
reeves came here three _ selection, rachel reeves came here three times and they couldn't dislodge ben and the fantastic conservative party and there is a lot that — conservative party and there is a lot that needs to be said in the selection — lot that needs to be said in the selection because they were angry, angry— selection because they were angry, angry that — selection because they were angry, angry that ben has delivered more for this— angry that ben has delivered more for this...
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May 27, 2024
05/24
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so this is rachel reeves , and she's vowed to set up a british sovereign wealth fund if labour wins power, using it to create good jobs , not bad ones, create good jobs, not bad ones, and spread productivity in every part of the country. i mean, what a load of weasel words. yeah there is just one rather large problem. where will the money come from? now, until i read this story, i didn't really understand a lot about what global, global wealth funds were. but essentially they are for countries that have got a lot of maybe oil, for instance , lot of maybe oil, for instance, and they're obviously making a great deal of money and they reinvest that money in case that oil runs out. surprisingly, there are about 175 of these funds around the world, which totals about $12 trillion, or just £95 trillion, norway surprisingly has the biggest wealth fund with 1.4 trillion, and that was north sea oil, which they've invested over the years. but britain has no such thing and has been in a deficit since 2001. so reeves is seeking to get around this by making up the bulk of the wealth in national wealt
so this is rachel reeves , and she's vowed to set up a british sovereign wealth fund if labour wins power, using it to create good jobs , not bad ones, create good jobs, not bad ones, and spread productivity in every part of the country. i mean, what a load of weasel words. yeah there is just one rather large problem. where will the money come from? now, until i read this story, i didn't really understand a lot about what global, global wealth funds were. but essentially they are for countries...
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May 10, 2024
05/24
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but the shadow chancellor, rachel reeves , says chancellor, rachel reeves, says people are still worse off. what's the truth ? and does what's the truth? and does population growth discount our economic growth? well, joining me now to discuss this is independent economist julian jessop. and julian, i want to start with this first question. we've seen significant population growth over the last decade. population growth over the last decade . has it discounted gdp decade. has it discounted gdp growth or just undermined it growth orjust undermined it slightly. well i think that's a that's a good starting point and it's a good way i think also of looking at the numbers that came out this morning, if you look at overall economic activity. then it did increase by 0.6, as you said in the first quarter. but that was flattered by growth in the number of people in the economy and those working . if we economy and those working. if we look at the numbers, of gdp per head, instead, they did rise , head, instead, they did rise, but by a smaller amount, only 0.4. and if you compare gdp per head to
but the shadow chancellor, rachel reeves , says chancellor, rachel reeves, says people are still worse off. what's the truth ? and does what's the truth? and does population growth discount our economic growth? well, joining me now to discuss this is independent economist julian jessop. and julian, i want to start with this first question. we've seen significant population growth over the last decade. population growth over the last decade . has it discounted gdp decade. has it discounted gdp...
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May 17, 2024
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speaking a short while ago in london, the chancellor accused his shadow rachel reeves of resorting to playground politics with her criticism of the high levels of taxation on uk households. >> it comes to labour policies on jobs , welfare reform and tax. on jobs, welfare reform and tax. the difference if they are elected, will be profound and damaging for every family in the country. labour, like to criticise recent tax rises, thinking people don't know what caused them. the furlough scheme, the energy price guarantee and billions of pounds in cost of living support. but labour supported those policies , labour supported those policies, which is why it is playground politics to use those tax rises to distract debate from the biggest divide in british politics today . what happens to politics today. what happens to the tax burden next? >> now southwest water says cow manure could have led to the outbreak of a parasitic disease in devon that has led to dozens of people experiencing vomiting and diarrhoea . it is thought to and diarrhoea. it is thought to damaged air valve on a pipe in a
speaking a short while ago in london, the chancellor accused his shadow rachel reeves of resorting to playground politics with her criticism of the high levels of taxation on uk households. >> it comes to labour policies on jobs , welfare reform and tax. on jobs, welfare reform and tax. the difference if they are elected, will be profound and damaging for every family in the country. labour, like to criticise recent tax rises, thinking people don't know what caused them. the furlough...
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May 29, 2024
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let's get back to some of the comments from rachel reeves. she says no tax here, but something will have to give. she's ruled out the tax increases. what happens to borrowing and spending? >> she's putting a lot of weight on secure economics, which is her brand, yielding something of a growth dividend. what she talked about in her speech is the uk economy being 150 billion pound as year, smaller than the rest since 2010. then she translated that into the additional tax revenue, about 55 billion pounds that would have yielded. she didn't it lickspecifically but she said it's going to be a growth uptick, which will make it much more easier. >> is it likely though? i now owe addressed by and large, but that's pretty conclusive. >> it is. since 1955, quarterly economic growth is almost identical shy of 0.6% per quarter. for either party based on historical data isn't really plausible, but -- i'm an economist. of course there's a but. you have to acknowledge that the last 15 years has seen a series of big economic shocks, the fallout from the fina
let's get back to some of the comments from rachel reeves. she says no tax here, but something will have to give. she's ruled out the tax increases. what happens to borrowing and spending? >> she's putting a lot of weight on secure economics, which is her brand, yielding something of a growth dividend. what she talked about in her speech is the uk economy being 150 billion pound as year, smaller than the rest since 2010. then she translated that into the additional tax revenue, about 55...
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May 25, 2024
05/24
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what do you make of the comments of rachel reeves today? of the comments of rachel reeves toda ? ., ,., , , of the comments of rachel reeves toda? , i, today? labour will be very pleased today? labour will be very pleased to see those _ today? labour will be very pleased to see those comments _ today? labour will be very pleased to see those comments on - today? labour will be very pleased to see those comments on the - today? labour will be very pleased l to see those comments on the front page of the daily mail, they have thrown everything at trying to show that labour is a party to be trusted on the economy, they have tried to capitalise on everything that happened after the liz truss premiership. they have tried very hard to not make unfunded spending commitments, so talking about sound money, that is the key message they will want to be landing with voters, that labour are scary, they won't do anything that means you are worse off. readers in the daily mail are the kind of voters that they want to manoeuvre to make sure they win an election. i manoeuvre to make sure they win
what do you make of the comments of rachel reeves today? of the comments of rachel reeves toda ? ., ,., , , of the comments of rachel reeves toda? , i, today? labour will be very pleased today? labour will be very pleased to see those _ today? labour will be very pleased to see those comments _ today? labour will be very pleased to see those comments on - today? labour will be very pleased to see those comments on the - today? labour will be very pleased l to see those comments on the front...
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May 7, 2024
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in london today, the shadow chancellor rachel reeves has been talking about labour's plans for the economy. this of course follows her party's success in local elections at the weekend. let's have a listen. the conservatives are gaslighting the british public. they say we have turned the corner, but try telling that to the 6.4 million households across england and wales last year who saw their rent increase or who had to remortgage. or the 950,000 families whose mortgage deal is due to expire between now and january next year. they say their plan is working. is this the same plan that has meant this is forecast to be the first parliament on record with living standards at the end lower than they were at the start? real household income on course to have fallen by £240 per person in that time. our economy smaller per person than it was then when rishi sunak became prime minister, and forecast by the 0ecd to grow byjust1% next year. weaker than every other g20 country except for russia. the body representing exam boards has told social media companies they need to do more to shut down scam
in london today, the shadow chancellor rachel reeves has been talking about labour's plans for the economy. this of course follows her party's success in local elections at the weekend. let's have a listen. the conservatives are gaslighting the british public. they say we have turned the corner, but try telling that to the 6.4 million households across england and wales last year who saw their rent increase or who had to remortgage. or the 950,000 families whose mortgage deal is due to expire...
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May 22, 2024
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. >> however, shadow chancellor rachel reeves has warned the government can't be taking a victory lap. >> this is about more than lines on a graph. >> it's about family finances. and the truth is, after 14 years of conservative government, working families and pensioners are still worse off. and the truth is, i'm much more ambitious for the country than rishi sunak and jeremy hunt seem to be. >> well, as we've heard this morning, conservative mp craig mckinlay is returning to parliament today, eight months after he was rushed to hospital and placed in an induced coma. he had extreme surgery to remove both his hands and feet after contracting sepsis last year. the 57 year old has been fitted with prosthetics and told our political editor, chris hope, that he's looking forward to being known as the bionic mp. i am hoping people might give me the benefit of the doubt and say that man's been a fighter for himself. >> he's damn well going to fight for me. i'm going to give him my support. >> the bionic mp bionic mp is what i want to be. >> paula vennells has arrived at the horizon inquiry
. >> however, shadow chancellor rachel reeves has warned the government can't be taking a victory lap. >> this is about more than lines on a graph. >> it's about family finances. and the truth is, after 14 years of conservative government, working families and pensioners are still worse off. and the truth is, i'm much more ambitious for the country than rishi sunak and jeremy hunt seem to be. >> well, as we've heard this morning, conservative mp craig mckinlay is...
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May 8, 2024
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reeves is keenly aware _ opened when rachel reeves is keenly aware she _ opened when rachel reeves is keenly aware she will be inheriting a situation _ aware she will be inheriting a situation where the purse strings are very— situation where the purse strings are very tight and she will be inheriting a situation where the purse _ inheriting a situation where the purse strings are very tight and she's— purse strings are very tight and she's very— purse strings are very tight and she's very worried about that. at the she's very worried about that. the treasury she's very worried about that. git the treasury says no if it is a labour government. exactly, and she's very _ labour government. exactly, and she's very aware _ labour government. exactly, and she's very aware of _ labour government. exactly, and she's very aware of that - labour government. exactly, and she's very aware of that and - labour government. exactly, and she's very aware of that and i - labour government. exactly, and i she's very aware of that and i think guite _ she's very aware of that and i think quite a _
reeves is keenly aware _ opened when rachel reeves is keenly aware she _ opened when rachel reeves is keenly aware she will be inheriting a situation _ aware she will be inheriting a situation where the purse strings are very— situation where the purse strings are very tight and she will be inheriting a situation where the purse _ inheriting a situation where the purse strings are very tight and she's— purse strings are very tight and she's very— purse strings are very tight and she's...
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May 26, 2024
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rachel reeves labour government. rachel reeves is promising a tough set of spending rules that she says will grow the economy while keeping taxes , inflation and keeping taxes, inflation and mortgages as low as possible. the conservatives say their current financial plan is working , but labour is arguing working, but labour is arguing that people feel worse off. >> we have economic growth on its knees, we have the decline in living standards. the first time on record where living standards will be lower at the end of the parliament than they were at the beginning. debt at almost 100% of gdp and taxes at almost 100% of gdp and taxes at a 70 year high. so after five prime ministers, seven chancellors, 12 plans for growth, we know that it is time for change. >> the proposed return of compulsory national service was rejected by a defence minister just days before the tories pledged to make it law. if the party wins, the general election. andrew murrison insisted that there were no plans to introduce the policy and said
rachel reeves labour government. rachel reeves is promising a tough set of spending rules that she says will grow the economy while keeping taxes , inflation and keeping taxes, inflation and mortgages as low as possible. the conservatives say their current financial plan is working , but labour is arguing working, but labour is arguing that people feel worse off. >> we have economic growth on its knees, we have the decline in living standards. the first time on record where living...
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rachel reeves with natalie elphicke behind her. the woman she told to f off and she was cheering that she's just joined the labour benches mad. i'm joined now by former conservative minister anne whittaker, and it is a catastrophic misstep for labour. do you think , it's absolutely do you think, it's absolutely ludicrous if you actually look at the expressions in that clip that you showed of rachel reeves and angela rayner , they don't and angela rayner, they don't exactly look ecstatic. they've got very, very fixed expressions and smiles and it is it is very surprising. but this is exactly what started to happen in 1997, when the tories were looking at a major defeat and probably being out of for office for, quite a few years, not just one parliament, and i can think of at least four conservative mps who defected, two to labour, two to the lib dems during that time, and of course, if you go back, even further, when labour was about to be out of for office a long time, you had people like reg prentice name probably forgotten crossi
rachel reeves with natalie elphicke behind her. the woman she told to f off and she was cheering that she's just joined the labour benches mad. i'm joined now by former conservative minister anne whittaker, and it is a catastrophic misstep for labour. do you think , it's absolutely do you think, it's absolutely ludicrous if you actually look at the expressions in that clip that you showed of rachel reeves and angela rayner , they don't and angela rayner, they don't exactly look ecstatic....
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May 11, 2024
05/24
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rishi sunak says the figures suggest the economy has real momentum, but shadow chancellor rachel reeves accuses the conservatives of being out of touch . being out of touch. >> if you look at this prime minister's record, since rishi sunak became prime minister, the economy is still £300 worse off per person in the country. so this these numbers today are not deserving of the victory lap that rishi sunak and jeremy hunt seem to want to go on. >> rachel reeves there, speaking earlier this afternoon. well, in other news, a psychotic ex—prisoner who attacked and killed a grandfather has been handed an indefinite hospital order at the old bailey today. thomas o'halloran was riding his mobility scooter in west london when lee byers stabbed him. the 87 year old suffered multiple stab wounds to his neck, his chest and his abdomen. police say the motiveless attack has left his family shocked and horrified. we've heard tonight that in northern ireland, a 37 year old man has been arrested in connection with what police have called a barbaric attack in the town of bushmills. it's after another
rishi sunak says the figures suggest the economy has real momentum, but shadow chancellor rachel reeves accuses the conservatives of being out of touch . being out of touch. >> if you look at this prime minister's record, since rishi sunak became prime minister, the economy is still £300 worse off per person in the country. so this these numbers today are not deserving of the victory lap that rishi sunak and jeremy hunt seem to want to go on. >> rachel reeves there, speaking...
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May 27, 2024
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because we heard from the shadow chancellor , rachel shadow chancellor, rachel reeves, that she has absolutely no plans to raise national insurance or income tax, which will be music to the ears of many people working in this country who feel that they are under quite the burden when it comes to tax. so that is good for news many people. >> quite the burden. they've been hammered haven't they. >> hammered. yes i would agree with that jonathan. but what about capital gains. >> is that going to go on the tax sunak mish tax sunak is capital gains going to go up? >> is vat going to go up? we know it's going to go on private fees. is corporation tax going to go up. what about the other taxes . taxes. >> well rachel reeves the shadow chancellor she's made our position clear, on national insurance and income tax yesterday . that's very important yesterday. that's very important for people because it's something like 25 extra tax rises. people are paying under rishi sunak , one of the largest rishi sunak, one of the largest tax burdens since the war. people have been absolutely battered on tax under t
because we heard from the shadow chancellor , rachel shadow chancellor, rachel reeves, that she has absolutely no plans to raise national insurance or income tax, which will be music to the ears of many people working in this country who feel that they are under quite the burden when it comes to tax. so that is good for news many people. >> quite the burden. they've been hammered haven't they. >> hammered. yes i would agree with that jonathan. but what about capital gains. >>...