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rachel reeves rules. you know, rachel reeves is not entirely wrong.have we all feel it . have raised tax. we all feel it. um, but the reality is that the labour party are not a competent government in waiting . we would government in waiting. we would not be better off under the labour party. i don't trust them. one bit. i think many people don't trust them. and that's why you see reforms surging in the polls. um, or almost edging towards overtaking the liberal democrats as the third largest party. um, so i think that this by—election in, um, that where rachel reeves was um, that where rachel reeves was um, today announcing that they'll be running in that upcoming by—election, that's a conservative safe seat, a large conservative safe seat, a large conservative majority. i think it's just over 19,000. um, if the conservative party lose that seat to the labour party, i think that will really put the fear of god into them. however, putting the fear god into the putting the fear of god into the conservative party doesn't usually result in much usually se

you're there with rachel reeves, the shadow chancellor.graph and the way they've interpreted her remarks in the paper today is that, actually, when it comes to cutting taxes on working people, that would also include quite wealthy people as well. is that how we should interpret her remarks? well, look at the words that rachel said. so she said the tax burden is at record levels. she's correct in saying that. she said it's at record levels, not because public services are doing well and they're handsomely funded, it's because growth in the economy has been so low. so she said she wants that burden to come down. she made very clear it is working people that is the priority for the labour party. around that, but the point we're trying to get across here is we're in davos, we're at the world economic forum trying to get investment in the uk, trying to sell the benefits a labour government would bring, because if you increase business investment, you have better productivity and you have better growth and therefore you're able to look to the fu

debt, more debt at rachel reeves.gb news afterwards. um, that's almost that, i think, almost indicating that, i think, ben, the of tension ben, of the kind of tension we'll have going into the election campaign on, um, about what if they win what will labour do if they win power over my shoulder? you might be able see a shop it's might be able to see a shop it's been decorated with, um, rishi's roar . now, that's because roar deals. now, that's because there's going to be a by—election here in wellingborough shortly . wellingborough probably shortly. um, labour are very keen and um, and labour are very keen and hopeful winning it. now hopeful of winning it. now they're clearly using they're using clearly using rishi to weaponize , um, rishi sunak to weaponize, um, the vote against the tory party in favour of the labour party . i in favour of the labour party. i think that's going to be a part of the kind of story this first big test of this 19,000 majority here in wellingborough. will mr sunak on to that when the suna

interesting rachel reeves.y no commitment to tax cuts. also admitting perhaps that she runs a personal deficit in her own finances. but she did say that more was going out of her bank account than was coming in. >> but maybe that was just a plea for mps to be paid more. i don't know, offer tax cuts that she won't commit to. but there you go. well, get some you go. well, let's get some reaction. now. joining is reaction. now. joining us is greg the minister of greg hands, the minister of state uh, greg, thank state for trade. uh, greg, thank you for making the time for us this afternoon. the labour party is taking the fight to you today. there attacking the conservative party for something that has undeniably happened . that has undeniably happened. and the tax burden has risen on your watch . your watch. >> uh, well, we had to obviously, after the pandemic, the government, uh, with things like the furlough scheme rightly supported the economy. and it took a while to repay some of that. took a while to repay som

of course, rachel reeves is targeting telegraph voters.rmer have been doing and keir starmer have been doing a very impressive job of it, which the telegraph is too only happy to entertain. >> yes, there is a reader. it hasn't converted me , or at least hasn't converted me, or at least not yet. um but i can't see you voting labour for tony blair did do this extremely successful . he do this extremely successful. he didn't. this seems be didn't. he? and this seems to be following that playbook, which is thing is the one thing that historically labour historically has made labour electable moves electable when it moves away from left . from the hard left. >> yes. i mean, i think the, the way did it was way that tony blair did it was to change politics completely. so the idea of pinching the best policies both left and policies from both left and right, sticking them together , right, sticking them together, tough on crime, right wing policy , tough on the causes of policy, tough on the causes of crime, left wing like crime, left wing things

of course, rachel reeves is targeting telegraph voters.have been doing and keir starmer have been doing a very impressive job of it, which the telegraph is too only happy to entertain. >> yes, there is a reader. it hasn't converted me , or at least hasn't converted me, or at least not yet. um but i can't see you voting labour for tony blair did do this extremely successful . he do this extremely successful. he didn't. this seems be didn't. he? and this seems to be following that playbook, which is thing is the one thing that historically labour historically has made labour electable moves electable when it moves away from left . from the hard left. >> yes. i mean, i think the, the way did it was way that tony blair did it was to change politics completely. so the idea of pinching the best policies both left and policies from both left and right, sticking them together , right, sticking them together, tough on crime, right wing policy , tough on the causes of policy, tough on the causes of crime, left wing like crime, left wing things like

jasmine, your reaction to these remarks by rachel reeves ? by rachel reeves?ting to hear rachel reeves, um, remark because on the one hand, as you say, it does show a little bit of , um, does show a little bit of, um, her being out of touch . you her being out of touch. you think 86 grand? come on, you're going to have to you're going to be able to cope. but she might have mortgage. mean, have very big mortgage. i mean, if in london, she if she lives in london, she probably have very big probably does have a very big mortgage. and maybe she has mortgage. um, and maybe she has all sorts of, um, part 80s that she has to, to do for people, you know, and that's an extra food bill. so she probably does have higher costs than others, but i get the feeling that she, she was probably being honest, but also trying to come across as a woman of the people because as a woman of the people because as you point out, increasingly the labour party doesn't feel like the party of the people, the party of the workers, um, and it almost feels as rather with the tory party, to be

jasmine, your reaction to these remarks by rachel reeves ? by rachel reeves?teresting to hear rachel reeves, um, remark because on the one hand, as you say, it does show a little bit of , um, does show a little bit of, um, her being out of touch . you her being out of touch. you think 86 grand? come on, you're going to have to you're going to be able to cope. but she might have mortgage. mean, have very big mortgage. i mean, if in london, she if she lives in london, she probably have very big probably does have a very big mortgage. and maybe she has mortgage. um, and maybe she has all sorts of, um, part 80s that she has to, to do for people, you know, and that's an extra food bill. so she probably does have higher costs than others, but i get the feeling that she, she was probably being honest, but also trying to come across as a woman of the people because as a woman of the people because as you point out, increasingly the labour party doesn't feel like the party of the people, the party of the workers, um, and it almost feels as rather with the tory party, t

>> it's more likely >> no, i think it's more likely to rachel reeves. to be rachel reeves. >> nigel,ater rachel and later about rachel reeves and her on banks her flip flopping on banks bonuses or the cap on bankers bonuses. she said it's an outrage that liz truss has got rid of this. she's so out of touch. and then hang on. turns out she's going to change out she's not going to change that policy. she's going to keep , going to keep the , uh, she's going to keep the scrap bankers bonuses. scrap on bankers bonuses. so there you go. >> i'm looking forward to >> well, i'm looking forward to that of course, that conversation. of course, we'll be having much, more we'll be having much, much more in these in the next hour after these messages . messages. >> looks like things are heating up. boxt boilers, sponsors of weather on gb news . up. boxt boilers, sponsors of weather on gb news. i'm alex deakin. >> this is your latest weather update from the met office for gb news very wild day across parts of northern scotland. gusty winds and some heavy rain as well. further south it's largely dr

talking about being selective davos and rachel reeves and business. who is wooing who?at's why they go there. it's got the greatest minds in the industry, it's got central bankers, it's got economist, it's got political leaders. there's a reason why everyone flocks to this. it's not just everyone flocks to this. it's notjust — it's notjust the skiing. notjust - it's not 'ust the skiinu. . ., ., ~ skiing. 0k. craig erlam, thank ou ve skiing. 0k. craig erlam, thank you very much- _ to the crisis in the middle east now because the world trade organization has warned that disruption to shipping in the red sea will hit developing nations the hardest. attacks on cargo ships by yemen's houthi rebels are forcing vessels to make costly diversions around the cape of good hope. the head of the wto — ngozi 0konjo—iweala — has been speaking to our economics editor faisal islam in davos. she told him she's worried the disruption will push up the price of goods. we're quite concerned about the disruptions we're seeing in the red sea, we're also concerned about whether these disruption

reeves at length is green jobs, before and rachel reeves at length is greenjobs, green energy beforeough tricky thing is the sort of promising the 28 billion extra every single year, you now say that manning might not be forthcoming and would only spend that which we could afford it. but you are still promising the goodies, the green jobs, the green energy. that doesn't stack up. if you are not committed to paying the price, how can you commit to the promise? let to paying the price, how can you commit to the promise?- to paying the price, how can you commit to the promise? let me be clear what we _ commit to the promise? let me be clear what we are _ commit to the promise? let me be clear what we are committing - commit to the promise? let me be clear what we are committing to. l commit to the promise? let me bei clear what we are committing to. a growing prosperity plan and a growth plan about the next generation of jobs. there is a revolution going on in terms of green energy and other countries are in the race and we need to be in the race for the next generation ofjobs. i also h

actually it was just in october last year that rachel reeves criticised the government for scrappingrefore have no cap on bonuses except the maximum, which is 200% of regular income? the except the maximum, which is 200% of regular income?— regular income? the criticism we made at the _ regular income? the criticism we made at the time... _ regular income? the criticism we made at the time... why - regular income? the criticism we made at the time... why is - regular income? the criticism we made at the time... why is the l regular income? the criticism we - made at the time... why is the party bu in: made at the time... why is the party buying this? — made at the time... why is the party buying this? there _ made at the time... why is the party buying this? there was _ made at the time... why is the party buying this? there was nothing - made at the time... why is the party buying this? there was nothing in i buying this? there was nothing in the buduet buying this? there was nothing in the budget to _ buying this? there was nothing in the budget to help _ buying this? there was not

the shadow chancellor rachel reeves told the bbc the financial services sector was one of the uk's greatestnry has announced this year's comic relief in march will be the last year he'll host the television fundraiser, after nearly a0 years at the healm. the comedian co—founded the charity with richard curtis in 1985 — and co—hosted the first show three years later. you're live with bbc news. a judge in the us state of delaware has annulled a $56 billion pay package awarded to elon musk by his electric car company tesla in 2018. the lawsuit was filed by a shareholder, who argued it was an overpayment. the judge agreed, saying the amount, the largest in corporate history, was "unfathomable. " elon musk posted about the decision on his social media site x, saying, "never incorporate your company in the state of delaware." adding, "i recommend incorporating in nevada or texas if you prefer shareholders to decide matters." he's also set up a vote on x, asking if tesla should change its state of incorporation to texas, the home of its physical headquarters. with more details here's our north ame

i mean, it's the classic labour and i can see labour argument and i can see rachel play out rachel reevesar, but the something very similar, but the inference going inference is they're going to you tories have you can't claim the tories have raised taxes. you can't claim the tories have raisyou axes. you can't claim the tories have raisyou don't infer that you're >> you don't infer that you're going to lower taxes. >> argument there is >> the crucial argument there is that growth. so what what that about growth. so what what rachel starmer are rachel and keir starmer are saying that you can't any saying is that you can't do any of the we do as of the things we want to do as a government without economic growth. >> and so that actually, is >> and so that actually, that is the key challenge for to the key challenge for them to set what growth, their set out what their growth, their growth finally, growth plans are. finally, jeremy, go to the jeremy, before we go to the break at the end of the day, labour supports everything rishi sunak help out sunak was doing to help us out of problem wit

i mean, it's the classic labour and i can see labour argument and i can see rachel play out rachel reevesr, but the something very similar, but the inference going inference is they're going to you tories have you can't claim the tories have raised taxes. you can't claim the tories have raisyou axes. you can't claim the tories have raisyou don't infer that you're >> you don't infer that you're going to lower taxes. >> argument there is >> the crucial argument there is that growth. so what what that about growth. so what what rachel starmer are rachel and keir starmer are saying that you can't any saying is that you can't do any of the we do as of the things we want to do as a government without economic growth. >> and so that actually, is >> and so that actually, that is the key challenge for to the key challenge for them to set what growth, their set out what their growth, their growth finally, growth plans are. finally, jeremy, go to the jeremy, before we go to the break at the end of the day, labour supports everything rishi sunak help out sunak was doing to help us out of problem with

here, the shadow chancellor rachel reeves has jumped on that and said if labour were in government, they migration, illegal migration flows. and it is true to say also elsewhere here, other african leaders have been questioning paul kagame and this deal and whether it is the right thing for an african leader to do to accept this kind of trade in refugees when he sees himself as a great leader of africa. so some sense that perhaps rwandans themselves are also getting a little fed up. themselves are also getting a little fed u -. . ~ themselves are also getting a little fed u. ., ~' ,, faisal islam. from davos. our other main story this lunchtime. a review is under way after a two—year—old boy was found dead next to the body of his father at a house in skegness. children's services at lincolnshire county council say they're supporting the family and looking in to the circumstances. police say they are not treating the deaths as suspicious. our correspondentjo black joins me from skegness — what more do we know? paramedics were called to an address down this road on the 9th of january and t

uh, anyway, talk anyway, for now, let's talk labuschagne rachel the labuschagne we rachel reeves thee is basically that it's basically saying that it's labour on the side of labour that is on the side of hard working people operate opportunity aspiration. apparently they're considering things like cutting income taxes , uh, and or national insurance to prove that point. our labour the party for aspiration. aaron i think it's the completely wrong conversation . wrong conversation. >> ian. um, i, i, i actually think the middle class should have a tax cut. income tax cut? i'm probably quite rare on the left for saying that. >> do call a middle class? >> uh, anybody between , say, 25 >> uh, anybody between, say, 25 and 75. that's huge, isn't it? >> it's quite a it's the middle spectrum. >> that's the middle of the country. i think broadly speaking, they are squeezed right now between high interest rates, pensions. rates, high taxes, pensions. obviously loans being obviously student loans being paid back. i think, you know, they at pay packet they look at their pay packet and that good. t

to be fair to rachel reeves, they are softening the 20 billion green promises, and more importantly she has latched herself to the abr forecast. i think blackrock is missing the point, perhaps deliberately. guy: there is some book talking. even if that is the case and the politicians are going to behave, that risk is now much more real than it was. how do i discount that into the price of the u.k. 10 year or the european 10 year? how do i think about how i factor that in? marcus: it is much more about supply and how the central banks react. what will influence gilt yields is the bank of england drags its heels -- i am sure the government would love to see rate cuts. if the bend of england does hang out and not cut, that will have a very big impact on where yields will be. likewise the amount bank of england itself is part of a tightening program which is the most aggressive of all. the factors are more supply and central bank driven than government fiscal spending. there will be tax cuts, it will impact a little bit. where gilt yields are reasonably fair value. i would not be surprised

rachel reeves.e shadow chancellor. she'll be she'll be the first, probably, possibly . and she she'll be she'll be the first, protnow, possibly . and she she'll be she'll be the first, protnow , possibly . and she she'll be she'll be the first, protnow , saidziossibly . and she she'll be she'll be the first, protnow , said stephen, and she she'll be she'll be the first, protnow , said stephen, that she she'll be she'll be the first, protnow , said stephen, that that has now, said stephen, that that labour would not reinstate the bankers bonus cap that was scrapped by the conservatives last year. what does that tell us about this potentially incoming labour government? >> what it says is that that rachel reeves, who's a former bank of england official, is a sensible and serious politician. look, eu thing. do you know look, the eu thing. do you know the it's it the bankers bonus? it's a it caps at 200% of their income. caps it at 200% of their income. now you know and i now the point you know and i kn

i got money from rachel reeves?know what your plans would be. will the fees go down?— will the fees go down? the economy is in a total— will the fees go down? the economy is in a total mess, _ will the fees go down? the economy is in a total mess, that _ will the fees go down? the economy is in a total mess, that has _ will the fees go down? the economy is in a total mess, that has to - will the fees go down? the economy is in a total mess, that has to be - is in a total mess, that has to be the starting point, an incoming labour government would inherit a very big list of problems to fix. the university funding system overall is one of those really big challenges. i am overall is one of those really big challenges. lam increasingly concerned when i speak with students about the impact the system that changed in september is becoming more aggressive, putting more pressure, it will put more pressure on low and middle earners in particular. i am determined a labour government will deliver a more progressive system, we

reeves about it, greenjobs, green energy, that by the end of the parliament, if you win, you say young people the green jobs, the green energy, but that doesn�*t stack up if you are not committed to paying the price, how can you commit to the promise? let me be clear what we�*re committed to. we�*ve got a green prosperity plan. that�*s a growth plan about the next generation ofjobs, there�*s a revolution going on in terms of green energy. other countries are in the race, we need to be in the race for the next generation ofjobs. i also have committed to clean power by 2030. that is renewables, that gives us cheaper bills, energy security, so putin cannot put his boot on our throat and it gives us the next generation ofjobs. the point here is that you�*re promising those goodies but you�*re not any more committed to the cost that you used to say you would definitely cough up. that does not stack up unless you are suddenly going to find the money somewhere else and put taxes up to pay for it. hear me out. in order to get to clean power 2030 we need investment and i will come back precis

but shadow chancellor rachel reeves, who is also at the davos jolly, says labouris also at the davostion . well, joining me now reputation. well, joining me now to discuss this is gb news economics and business editor, liam halligan, with on the money reporter . liam halligan, with on the money reporter. leanne, welcome to the show . always a pleasure. the show. always a pleasure. the annual davos jolly is up and running. the well—heeled and the rich and the famous flock to switzerland . is it a beano or is switzerland. is it a beano or is there any point to it? >> a beano ? >> a beano? >> a beano? >> when i write about davos , i >> when i write about davos, i often call it a gab fest because it's a talking shop of the global great and the good. politicians like to be seen . politicians like to be seen. >> they're tech titans like to be seen there. >> i've often characterised it as millionaires , watching as millionaires, watching billionaires up on stage. >> um , davos is a is a mountain >> um, davos is a is a mountain village in switzerland, as you say , a very exclusive ski resort

. >> had rachel reeves, the >> so we had rachel reeves, the shadow chancellor at the sort of swanky gabfestlabour is now the party of low taxation. we want to celebrate success. we want to celebrate success. we want to celebrate success. we want to cut the top rate of tax, says labour. crikey. when liz truss said that everybody thought was mad, didn't thought she was mad, didn't they? but that's because there's an election coming. so people get a bit, a little bit get a little bit, a little bit economic with the actuality as the great political diarist alan clark once said, so look, rishi sunak has tried to grab the narrative. he's written an article in the sun, uh, and this is what he said about tax. i've been working flat out to get the economy back on track, says the prime by halving prime minister by halving inflation, reducing debt and boosting where we can, we boosting growth where we can, we will always prioritise cuts will always prioritise tax cuts to put more of people's money in their . of course, to put more of people's money in their sunak . of course, to put more of people's m

rikki neave rachel reeves rachel to keep rachel reeves is going to keep an the finances. an iron gripe's the shadow chancellor. yeah, don't a bank of yeah, i don't think a bank of england economist. >> going to be >> she can. she's going to be under pressure. remember under so much pressure. remember that she can the who that she can say the people who fund party, no matter that she can say the people who fund you party, no matter that she can say the people who fund you say party, no matter that she can say the people who fund you say aboutty, no matter that she can say the people who fund you say about bigio matter that she can say the people who fund you say about big business what you say about big business moving the trade moving towards them or the trade unions trade unions want unions and the trade unions want all people pay a more all that people pay a lot more money to money and somebody's got to produce she's also produce that money. she's also got out whether to go got to work out whether to go back on the 28 billion a year. on green charges, which is on the green charges,

rachel reeves next idea is.is is going to cause some problems for labour and keir starmers instincts on this. are i expect to go where the voting public are going . he the voting public are going. he what he wants is to rishi sunak to downing street, just as rishi is doing and i think what's really interesting about this is it is the red wall. you're absolutely right. but it's also the south uxbridge was a fascinating by—election to watch. had watch. that was the one had a majority. johnson had majority. boris johnson had a majority. boris johnson had a majority of only 3000. everyone thought that labour was going to snap it up. no problem at all. but turned into essentially a but it turned into essentially a referendum on ulez that ultra—low emissions charge and the conservatives are campaigning on a on an anti ulez footing , actually managed to win footing, actually managed to win that seat . that seat. >> the only one they won, they lost all the others. >> they lost those some 24,000 majorities, an enormous m

. >> t reeves is almost >> rachel reeves is almost suggesting she wouldn't do suggesting that she wouldn'tng that didn't agree with obr recommendations and forecasts . forecasts. >> well, there you have it. the labour party taking an organisation that is now statistically been proved to be wrong. every single time they've made projection the labour made a projection and the labour party saying, well, we're going to with the guys that are wrong. >> i find it very, very worrying now, you know, your now, greg, you know, your conservative forward, conservative way forward, member of know , rishi of parliament, you know, rishi sunak telling us a few days ago we should all be very, very grateful . but this we should all be very, very grateful. but this big tax we should all be very, very grateful . but this big tax cut grateful. but this big tax cut is happening at the weekend when we know that actually, for every £1 he's given us back , he's £1 he's given us back, he's taken away about four. and yes, you can tell me there's been a pandemic , etc. but i've been pandemic, etc. but i've been talki

rachel reeves reeves woos global power elite in davos as labour drops £28 billion green investment pledgeible raising questions over whether it will ever happen.can over whether it will ever happen. can you explain this to me? >> they're not they're not mentioning this policy deliberately omitting references exactly so that five minutes ago it was the big thing. >> we're going to spend £28 billion on green investment because it's the future and so on and so maybe it is. i on and so on. maybe it is. i don't know. but in their campaign bible, which a weird don't know. but in their campa of bible, which a weird don't know. but in their campa of words, which a weird don't know. but in their campa of words, vdon't a weird don't know. but in their campa of words, vdon't knoweird choice of words, i don't know why they're calling a bible. why they're calling it a bible. >> it suggests ideology, why they're calling it a bible. >> it? suggests ideology, doesn't it? >> does, >> well it does, yes. it's. yeah. um, you're right. >> i wouldn't go with that. >> i wouldn't go with that. >> i'd go with the

rachel reeves reeves woos global power elite in davos as labour drops £28 billion green investment pledgeble raising questions over whether it will ever happen.can over whether it will ever happen. can you explain this to me? >> they're not they're not mentioning this policy deliberately omitting references exactly so that five minutes ago it was the big thing. >> we're going to spend £28 billion on green investment because it's the future and so on and so maybe it is. i on and so on. maybe it is. i don't know. but in their campaign bible, which a weird don't know. but in their campa of bible, which a weird don't know. but in their campa of words, which a weird don't know. but in their campa of words, vdon't a weird don't know. but in their campa of words, vdon't knoweird choice of words, i don't know why they're calling a bible. why they're calling it a bible. >> it suggests ideology, why they're calling it a bible. >> it? suggests ideology, doesn't it? >> does, >> well it does, yes. it's. yeah. um, you're right. >> i wouldn't go with that. >> i wouldn't go with that. >> i'd go with they

it was initially tabled by rachel reeves. year that they're in office. it was once a target. now it's becoming an ambition and as you say, stephen, it now seems have diluted even seems to have been diluted even further. so again, you've got the pledge at the heart of the key pledge at the heart of keir starmer's future manifesto. we sort of lying in we think sort of lying in tatters. i shall be putting this to stephen kinnock because i'm going to be interviewing him. he's the immigration minister. but also about the but i'll ask him also about the idea labour being ahead in idea of labour being ahead in the polls a party. but keir the polls as a party. but keir starmer obviously starmer still tanking. obviously stephen , being son stephen kinnock, being the son of kinnock, knows a little of neil kinnock, knows a little bit about labour leadership on these other by the way. these other issues, by the way. of be putting of course i'll be putting those questions shapps, the questions to grant shapps, the defence secretary. he's

but shadow chancellor reeves is not chancellor rachel reeves is not guaranteeing that this will happenrn to downing street. we've heard keir starmer we row back on the green stuff. where is he really? on immigration? already done a immigration? he's already done a couple reverse ferrets on couple of reverse ferrets on brexit. really sure brexit. i'm not really sure where now, where he is on that now, but also, think this is also, and i think this is fascinating. why has angela rayner gone all silent ? that's rayner gone all silent? that's what i want to know. we're joined now by shaun woodward to discuss this. shaun thank discuss all of this. shaun thank you very, very much. look it's great to have you on the show. obviously you know you are. yeah. >> happy year to you first >> happy new year to you first of happy new year to you of all and happy new year to you as well good man . as well my good man. >> am right in thinking >> and am i right in thinking that angela rayner has been silenced because she's too left wing and if the truth out, wing and if the truth got out, it turn voters

shadow chancellor rachel reeves has boldly claim her instincts would have lower taxes.party she belongs to? plus a number of developments for the monarchy this week, with of health this week, with news of health concerns for both the king and the princess of wales , but also the princess of wales, but also suggestions the of suggestions that the prince of wales break with the wales could break ties with the church england after 500 church of england after 500 years. state of the nation starts now . starts now. i'll be joined by my most intellectual panel this evening. gb news senior political commentator nigel nelson, and the editor of conservative home and former tory mp paul goodman. as , you know, i want to as always, you know, i want to hear from you. it's a crucial part of the programme. email me, mail gb news. com but now it's what all been waiting mail gb news. com but now it's whéthe all been waiting mail gb news. com but now it's whéthe news ll been waiting mail gb news. com but now it's whéthe news ll ithei waiting mail gb news. com but now it's whéthe news ll

the shadow chancellor rachel reeves told the bbc the financial services sector was one of the uk's greatestmpion." executives from tata steel will be questioned by mps today, following the company's decision to close its blast furnaces port talbot plant. the company say the move, which could see the loss of around 3,000 jobs from the area, will help save money, and allow it to move to a greener method of production in future. ajudge in the us has ruled that elon musk was overpaid by his electric car company, tesla, in 2018. the pay packet — worth just under $56 billion — the highest in corporate history. the judge said it was "an unfathomable sum", and its approval by the board of directors was "deeply flawed". both human and technical error have been blamed for incidents which have seen some energy customers receiving significantly inflated bills, from a number of suppliers. energy uk, the trade association for the industry says mistakes are rectified as soon as possible. 0ur cost of living correspondent kevin peachey reports. we're here at martha's 0rchard. while running a complex of holi

reeves, is mocked for saying she struggles to get by on 86 grand a year.on luke littler's darts success? should more 16 year olds skip school and college and get straight into the world of work, i'll be asking coronation street, coronation street legend, the brilliant actor and fearless political commentator charlie lawson , and he might take a ten. lawson, and he might take a ten. it's game over for the playboy prince. it's time for king charles to give andrew his marching orders. i'll be dealing with prince andrew in no uncertain terms at ten, and you won't want to miss it. send me to the tower for all i care. two hours of big opinion, big debate, and big saturday night entertainment. i'll see you after the news with sam francis . after the news with sam francis. >> mark, thank you. good evening. i'm sam francis in the gb news room. the headlines at nine flood hit households affected by

reeves wes streeting lisa nandy, jon cruddas .ur together are who have decided to rescue the labour party post the 2019 election probably have a bit of an agenda and i think labour is trying to show themselves to be more attractive in the countryside than they actually necessarily are. >> oh, let's just take the poll at face for value a moment. >> first of all, i don't think it means that labour are popular in the countryside, just less unpopular than the conservatives. but it's a fascinating, if true, because we all remember, don't we, that tony blair took on the countryside alliance in the early of early years of early days of his early years of his on a fox his administration on a fox hunting and all rest of it. hunting and all the rest of it. so if people in the countryside are thinking voting labour, are thinking of voting labour, that bad for the that is really bad news for the conservatives because this is part of their blue wall, isn't it? >> it is the blue wall. and tony blair did win a majority in the countryside both an

but shadow chancellor reeves is not chancellor rachel reeves is not guaranteeing that this will happeneturn to downing street. we've heard keir starmer we row back on the green stuff. where is he really? on immigration? already done a immigration? he's already done a couple reverse ferrets on couple of reverse ferrets on brexit. really sure brexit. i'm not really sure where now, where he is on that now, but also, think this is also, and i think this is fascinating. why has angela rayner gone all silent ? that's rayner gone all silent? that's what i want to know. we're joined now by shaun woodward to discuss this. shaun thank discuss all of this. shaun thank you very, very much. look it's great to have you on the show. obviously you know you are. yeah. >> happy year to you first >> happy new year to you first of happy new year to you of all and happy new year to you as well good man . as well my good man. >> am right in thinking >> and am i right in thinking that angela rayner has been silenced because she's too left wing and if the truth out, wing and if the truth got out, it turn vote

rachel reeves says more needs to be done . needs to be done. >> well, i can understand why people areing that the former head of the post office should return her honour. my focus would be on getting the compensation to those who were wrongly convicted of these crimes . crimes. >> meanwhile, a man who's been suspected of faking his own death has been extradited from scotland to the us. nicholas rossi wanted for allegedly rossi is wanted for allegedly raping a woman in 2008. he was arrested in glasgow in 2021, but claimed it was a case of mistaken identity, insisting he was instead an irish orphan named arthur knight . after a named arthur knight. after a long legal battle in the scottish courts, the 36 year old has now been ordered to face the charges against him in the states. a tribute are being paid for derek draper , a former for derek draper, a former political adviser and the husband of tv presenter kate garraway , who has died at the garraway, who has died at the age of 56. he passed away following several years of serious health complications due to covid. former prime ministe

rachel reeves says more needs to be done . needs to be done. >> well, i can understand why people areaying that the former head of the post office should return her honour. my focus would be on getting the compensation to those who were wrongly convicted of these crimes . crimes. >> meanwhile, a man who's been suspected of faking his own death has been extradited from scotland to the us. nicholas rossi wanted for allegedly rossi is wanted for allegedly raping a woman in 2008. he was arrested in glasgow in 2021, but claimed it was a case of mistaken identity, insisting he was instead an irish orphan named arthur knight . after a named arthur knight. after a long legal battle in the scottish courts, the 36 year old has now been ordered to face the charges against him in the states. a tribute are being paid for derek draper , a former for derek draper, a former political adviser and the husband of tv presenter kate garraway , who has died at the garraway, who has died at the age of 56. he passed away following several years of serious health complications due to covid. former prime minis

rachel reeves said they need more to be done . more to be done. >> well, i can understand why peoplee saying that the former head of the post office should return her honour. my focus would be on getting the compensation to those who were wrongly convicted of these crimes . crimes. >> a man who has been suspected of faking his own death has been extradited from scotland to the us. nicholas rossi is wanted there for allegedly raping a woman in 2008. he was arrested in glasgow in 2021, but claimed it was a case of mistaken identity. instead, he insists he was an irish orphan named arthur knight, well after a long legal battle in the scottish courts, the 36 year old has now been ordered to face the charges against him in the us and tributes are being paid for derek draper , a former political derek draper, a former political adviser and husband of tv presenter kate garraway, who has died at the age of 56. he passed away following several years of serious health complications due to covid. former prime minister sir tony blair has called him a good colleague and a great friend. gordon bro

reeves, is mocked for saying she struggles to get by on 86 grand a year. big story? following teen sensation luke littler's darts success? should more 16 year olds skip school and college and get straight into the world of work, i'll be asking coronation street, coronation street legend, the brilliant actor and fearless political commentator charlie lawson , and he might take a ten. lawson, and he might take a ten. it's game over for the playboy prince. it's time for king charles to give andrew his marching orders. i'll be dealing with prince andrew in no uncertain terms at ten, and you won't want to miss it. send me to the tower for all i care. two hours of big opinion, big debate, and big saturday night entertainment. i'll see you after the news with sam francis . after the news with sam francis. >> mark, thank you. good evening. i'm sam francis in the gb news room. the headlines at nine flood hit households affected by storm henke are being offered thousands of pounds government support . pounds in government support. eight people in eligible areas can

keir starmer rachel reeves the entire shadow cabinet, fiscal rules shadow cabinet, the fiscal rules andand sound management of the public finances comes first. >> but are you going to replace those 32 gas fired plants or are you going to retrofit them? and if you are, how much is that going to cost? and can you do it in the next seven years? >> well, we'll spell that out in our manifesto at the at the general election, which will be fully fully funded. fully costed and fully funded. we get to clean power by we want to get to clean power by 2030. want do so in a way 2030. we want to do so in a way that brings real benefits to consumers, not hikes up the cost, that's cost, because i think that's where sweet of green where the sweet spot of green transition that there is we transition is that there is we unquestionable a cost to us in the longer tum of failing to act. but i think in the short to medium tum we can deliver those benefits for consumers of lower bills more and paid bills and more and better paid jobs, and giving britain our energy security back. >> on >> quick question on toot

he points to some of the promises made by rachel reeves, the shadow chancellor she says that under labour repeats this message a lot. uh, we would be we would be have a tighter fiscal rules and the economy would be kept in check. she wants to reduce debt as a proportion of gdp . uh, and she proportion of gdp. uh, and she wants to see, uh, day to day spending, not funded by borrowing . nick timothy points borrowing. nick timothy points out that that's all very well, but actually labour could well find their own loopholes around that. gordon brown , too, that. gordon brown, too, promised not to use debt, not to use borrowed to fund day to day spending . but he found an spending. but he found an enormous loophole by essentially reclassifying a lot of day to day spending as investment and then using borrowing to fund that. and of course, labour has made a lot of promises, a lot of very, very expensive promises, huge plans on education to roll out far more, uh, early years places in nursing , schools places in nursing, schools attached to primary schools for pretty much all children between ni

britain needs and make working people better off, says shadow chancellor rachel reeves.d that's bad news for the tories . that's bad news for the tories. thank you liam. >> now let's get more to on huge royal stories that have broken this afternoon. the king will attend hospital next week to be treated for an enlarged prostate , and that news was made public by buckingham palace less than two hours after it was announced that the princess of wales is also treated in hospital also being treated in hospital after undergoing successful abdominal surgery. i can now speak to royal commentator jennie bond. jenny, thanks for joining us on the show under circumstances which nobody would choose as very progressive though , don't you think of the though, don't you think of the royal family to make these announcements? and it's and it's in a sense, particularly with king charles, to encourage us all to think about our own mortality maybe getting mortality and maybe getting checked . checked out. >> yes, it's unusual to hear in quite such detail what a member of the royal family is

rachel reeves and again, right.ll not raise taxes . i mean, this have said they will not raise taxes. i mean, this is have said they will not raise taxes . i mean, this is what taxes. i mean, this is what they're putting yesterday. >> yesterday the times reported very definitive briefing from the shadow chancellor. she may cut taxes . which ones. cut taxes. which ones. >> but they've already well, i don't know do i. >> well because it's because it's hype and they're not going to tell us. >> so they're going to raise the green burden on those £28 billion come through green burden on those £28 billion taxes come through green burden on those £28 billion taxes . come through green burden on those £28 billion taxes . where hrough green burden on those £28 billion taxes . where arergh green burden on those £28 billion taxes . where are they higher taxes. where are they going to get the money from? >> called investment. >> no, it's called investment. it's called investment. it's called bankrupting country. it's called inv

hands, right into rachel reeves hands, because the highest because we've got the highest tax burdenled tax cutting party. >> um, but it's probably be more though under the labour party. i'm going to try simon danczuk. what do you think i think tax cuts, uh, will help the conservatives in actual fact . conservatives in actual fact. >> and i think when it comes to the budget on the 6th of march, jeremy hunt, who's a very capable politician, we shouldn't underestimate him. i think he'll make further cuts or announce further cuts. uh, there there's no doubt about it that the tax burden in this country is far too high. it has to be reduced at, uh, significantly. and that's what liz truss was attempting to do . it's affecting attempting to do. it's affecting our ability to grow the economy. so the sooner we make tax cuts, the better . the better. >> mhm. okay. uh darren grimes, can tax cuts save the tories. >> well look nana rachel reeves says that when she opens her bank statement, she looks on in horror. well i actually look on in horror at the 28 billion that they want to borrow for th

britain needs and make working people better off, says shadow chancellor rachel reeves. squeeze, it's still very much with us and that's bad news for the tories . that's bad news for the tories. >> well, there's liam halligan of economics and business editor with the very latest on inflation up a little bit on last month. >> but of course that line down is not always smooth. as the chancellor said onto the horrific story of this two year old brunson battersby , now whose old brunson battersby, now whose family has have revealed was left to die alone from starvation with his body reportedly being found with his father kenneth's in their home in skegness, lincolnshire , in skegness, lincolnshire, earlier this month. >> yes , our reporter anna reilly >> yes, our reporter anna reilly joins us now from skegness . joins us now from skegness. anna, a tragic story. what do we know ? know? >> such a tragic story, emily. >> such a tragic story, emily. >> yes, we know that two year old bronze battersby was reportedly found in his home here in skegness. starved to death next to his