word on rachel reeves.dow chancellor saying there is potentially going to be big spending _ there is potentially going to be big spending cuts, but i am in favour of cutting _ spending cuts, but i am in favour of cutting the — spending cuts, but i am in favour of cutting the tax people pay when they sell their— cutting the tax people pay when they sell their second homes. that is going _ sell their second homes. that is going to — sell their second homes. that is going to annoy a lot of people on the left _ going to annoy a lot of people on the left of— going to annoy a lot of people on the left of the party.— the left of the party. welcome to 2024. the left of the party. welcome to 2024- looking — the left of the party. welcome to 2024. looking glass. _ the left of the party. welcome to 2024. looking glass. i— the left of the party. welcome to 2024. looking glass. i should i the left of the party. welcome to l 2024. looking glass. i should write a oem 2024. looking glass. i should write a poem about _ 2024

rachel reeves bets all on economic growth. vicky atkins asked why nhs productivity sloweth, but waits this weekend episode has no pad, fear not newscasters you can always call up add. i think that's extremely good, tom. and we all say one and all newscasters, happy birthday, tom. i was going to try and think of something that rhymed, but i can't. so happy birthday. adam. i think what we need is tom for our next episode to rate your poem. 0k. i'm just wondering, henry, you'll know this. when. when do they pick the next poet laureate? does the person have to die? i think they are on ten year terms. like, does this have to die or? i think they on ten year terms, it's that. it's that. and it's been simon armitage for a few years. i don't know. 0r until they fall out with someone or say the wrong thing. so we have term limits potentially for our poet laureate, but not our prime minister. i mean, i don't actually i think we don't know. we'll try and find out by the end of today's sunday newscast. newscast from the bbc. hello. it's l

now, rachel reeves, have to sort it out. now, rachel reeves. she _ have to sort it out._ have to sort it out. now, rachel reeves, she does know - have to sort it out. now, rachel reeves, she does know how- have to sort it out. now, rachel reeves, she does know how to l have to sort it out. now, rachel - reeves, she does know how to take an argument to a political opponent. what about the prime minister? well, rishi sunak— what about the prime minister? well, rishi sunak had the chance to denounce _ rishi sunak had the chance to denounce the politics and the policies — denounce the politics and the policies of liz truss. to make clear that he would never repeat her mistakes _ that he would never repeat her mistakes. but he didn't. it was two weeks _ mistakes. but he didn't. it was two weeks of— mistakes. but he didn't. it was two weeks of stand up to them one year and, weeks of stand up to them one year and. so_ weeks of stand up to them one year and, so what chance do you give him five years _ and, so what chance do you give him five years in? — and, so what chance do yo

now it is rachel reeves's turned. shadow chancellor of the exchequer since 2021. we will bring you now the introduction to rachel reeves and listen to what she has to say at mais lecture in london.— mais lecture in london. which has its roots in — mais lecture in london. which has its roots in one _ mais lecture in london. which has its roots in one of _ mais lecture in london. which has its roots in one of the _ mais lecture in london. which has its roots in one of the worlds - its roots in one of the worlds oldest — its roots in one of the worlds oldest medical schools and also home to the _ oldest medical schools and also home to the second oldest rugby team in the world — to the second oldest rugby team in the world. will become citizen georgia's— the world. will become citizen georgia's world of london creating a powerful— georgia's world of london creating a powerful multi—faculty institution which _ powerful multi—faculty institution which we — powerful multi—faculty institution which we focused on business pra

that's us - dipping into rachel reeves.trade—offs is how she put it when she was interviewed by the bbc�*s economic secular faisal islam earlier. let's speak to our political correspondent pete saull. what trade—offs are labour potentially talk about? you what trade-offs are labour potentially talk about? you heard a little bit of a _ potentially talk about? you heard a little bit of a snippet _ potentially talk about? you heard a little bit of a snippet there of- potentially talk about? you heard a little bit of a snippet there of a - little bit of a snippet there of a speech that i don't think we'll get many repeat views, to be honest. it's not about mass appeal, but speaking to those in the room first and foremost. lots of members of financial institutions, the maize lecture a really important one in the calendar of london, and we've had previous great economic thinkers speaking at this lecture in years gone by, going back to former chancellors like norman lamont, nigel lawson, and gordon brown — just a couple years ago,

when you get more money from rachel reeves?— from rachel reeves?ple how tightly she will keep control of public finances. we have more money _ control of public finances. we have more money to _ control of public finances. we have more money to spend _ control of public finances. we have more money to spend through - control of public finances. we have more money to spend through the| more money to spend through the delivery of breakfast clubs, a big difference from what we see right now. i am determined we deliver a better early education system. it is right for the economy. we had these commitments last year, connected to economic growth, and there is an argument about economic growth and impact of childcare and rachel reeves is clear about that. alongside that how we make sure children get a brilliant start. every school in the country, including secondaries and universities say to me if you want to make the biggest difference in education, make sure youse set up all children to succeed when they are younger. that is not the situation now and th

no waste with a rachel reeves government.— waste with a rachel reeves government. waste with a rachelinstagram now too. and you can follow what's happening on the bbc live page. sharon, what was your reaction to rachel reeves. she hinted she would rather put money into services than cut tax, but she was reluctant to show a bit more ankle about some of her plans. show a bit more ankle about some of her lans. , , her plans. interesting the focus on urowth her plans. interesting the focus on growth and — her plans. interesting the focus on growth and productivity. _ her plans. interesting the focus on growth and productivity. which - her plans. interesting the focus on | growth and productivity. which who ever wins the election is crucial. we are going to have to get creative with the partnerships with business and business investment, because there is so little room for any government really. 0f there is so little room for any government really. of whatever political complexion. it is great the hear about talking about leveraging business investment and there is a role for business in p

let's talk about rachel reeves at the party - rachel reeves at the party conference and yes the vat ones and midwives. ifjeremy hunt moves on that tomorrow to fund tax cuts the money will not be there for you to do what you want to the health service or will it? taste do what you want to the health service or will it?— do what you want to the health service or will it? we do not know what is going _ service or will it? we do not know what is going to — service or will it? we do not know what is going to do, _ service or will it? we do not know what is going to do, he _ service or will it? we do not know what is going to do, he may - service or will it? we do not know what is going to do, he may well. service or will it? we do not know i what is going to do, he may well be sitting thinking this is a very clever ruse and lets try to pull a fast one on the labour party by introducing this policy. i think what the public will see is a massive u—turn, we have been calling for this policy since i think 2015 and he could have done a lot of things with that money since then. people will see th

the shadow chancellor, rachel reeves, tells the bbc�*s laura kuenssberg that labour is inheriting thest economic situation since the second world war. and i have to be honest that we're not going to be able to turn things round straightaway, but we will get to work on all of that. hollywood's biggest night kicks off later, with all eyes on oppenheimer to see if it can break the record for the most wins at the oscars. hello, you're live with bbc news. i am anna foster here injerusalem. a us military ship has set off for gaza, carrying equipment to build a temporary pierfor aid deliveries. the us army says the ship set sail from a military base in virginia on saturday. and the need for that extra aid is great. the un has said around a quarter of gaza's population, that is more than half a million people, are at imminent risk of starvation and facing famine. meanwhile, a separate aid ship with around 200 tonnes of food on board is ready to depart from cyprus. this is part of a new maritime aid corridor that the eu announced just in the last couple of days. they said it would be a new and

labour's shadow chancellor rachel reeves warns the bbc�*s laura kuenssberg that her party is inheritinghe worst economic situation since the second world war. i have to be honest, we are not going to be able to turn things round straightaway but we will get to work on that. hollywood's biggest night kicks off later with the oscars and all eyes will be on oppenheimer to see if it can break the record for the most wins. hello, i'm anna foster. a us military ship is headed for gaza, carrying equipment to build a temporary port for aid deliveries. the us military confirmed the ship set sail in the last few hours from a military base in virginia on its way to garzo but it will take time to construct a port. time is in short supply. the un warning and a quarter of the population of gaza, more than half a million people are currently facing famine. there is a separate aid ship with around 200 tonnes of food that has been loaded on board over the last few days which are still waiting to be given the all clear to set sail from cyprus. the eu announced this over the weekend, a joint operation bet

you've broken your man got rachel reeves. i knowe, he's got rachel reeves.chel been in the rachel reeves has been in the right quite lot. rachel reeves has been in the righ'did quite lot. rachel reeves has been in the righ'did an quite lot. rachel reeves has been in the righ'did an interviewe lot. rachel reeves has been in the righ'did an interview with)t. rachel reeves has been in the righ'did an interview with the she did an interview with the telegraph yesterday. she's in she did an interview with the telesunih yesterday. she's in she did an interview with the telesun on'esterday. she's in she did an interview with the telesun on sundayr. she's in she did an interview with the telesun on sunday today,. in she did an interview with the telesun on sunday today, so the sun on sunday today, so she's hoping to she's on manoeuvres, hoping to enfice she's on manoeuvres, hoping to entice disgruntled tories entice some disgruntled tories over labour camp, which over to the labour camp, which is interesting. the other big story weekend, is, of story of the weekend,

the shadow chancellor, rachel reeves, tells the bbc�*s laura kuenssberg that labour is inheriting the economic situation since the second world war. and i have to be honest that we're not going to be able to turn things around straightaway, but we will get to work on all of that. and the battle of the blockbusters will be decided later, at the biggest night in the entertainment calendar. will barbie or oppenheimer win big at the oscars? hello, you will live with bbc news. i am anna foster injerusalem. a us military ship has set off for gaza, carrying equipment to build a temporary floating port for desperately—needed aid deliveries. the us military confirmed that that ship left late on saturday from a military base in virginia on its way to the middle east. the un has warned that around a quarter of the population of gaza, more than half a million people, are currently facing famine, which is why this new way of potentially getting aid in is so important. and in the meantime, there is a separate aid ship with around 200 tonnes of food on board which is still waiting to set sail from c

there's low hanging fruit for rachel reeves there.to keep the fiscal rules. she can allow herself to rewrite them and she can make a difference between investment spending and current debt. well, i think she should, but that's not her position. her position is exactly the same as jeremy hunt's on the fiscals, but in the long run, that is the world we should get back to. but all i would say is it's very easy for like people commentating on economic policy at the moment to say, oh, if the fiscal rules change like this, all the problems would go away. and all the panel did that this morning but that isn't the real world. because as i say, the issue is not that we have really, really tight rules, that we loosen a bit. all these trade offs go away then we have actually quite we have quite tight quite a loose rule right now. it should just be changed in its nature. you know what's interesting is that i think we've actuallyjust had a really interesting debate about the high principles of this, about the rules and how they're set and the inst

you saw faisal islam in that interview with rachel reeves and he is here.sing in what she said? ,, , ., ,., ., she said? she is giving an important lecture to city _ she said? she is giving an important lecture to city financiers _ she said? she is giving an important lecture to city financiers and - lecture to city financiers and business people today and it was the length fiesta explanation we have had of what labour would do with the economy if it wins the next general election, if rachel reeves got the keys to number 11. it wasn't an alternative budget, it was more about the big picture strategy, about the big picture strategy, about of the of the economy, the bank of england, the treasury, the forecasters, that have been some attack under the liz truss administration but tweaking them so they become progrowth, pro—green growth, pro—investment. as you had a knack cudlipp, she will idea by the self—imposed restraints on borrowing exactly the same that the government adheres to on the national debt, which he says will make it very difficult to spend in or

>> but is rachel reeves the next margaret thatcher?s now is gb news economics and business editor liam halligan with money liam. why does with on the money liam. why does rachel reeves think she can sort of step into the shoes of margaret thatcher? a bit of an odd phrase, let's be fair to the shadow chancellor. >> she's not comparing herself to margaret thatcher. she's just talking about britain being in a situation at the end of the situation like at the end of the 70s. >> in her opinion, when of course, the economy was really broken. >> i remember the winter of discontent, as many gb news viewers and listeners will. >> i remember when there was rubbish not collected on the streets and literally dead bodies weren't being buried because the gravediggers were on strike? >> i think what rachel reeves is trying to get at, and she'll be giving a lecture tonight in the city of london. >> it's an annual lecture called the mays lecture. >> it's given by somebody of, economic or financial note , economic or financial note, often chancellor's s

and what we have now is rachel reeves did talk about that.d about labour's new deal for workers. you have the president of the cbi, completely independent of government, saying that risks destroying the job creating factory that the uk has. but you have also presided over, and you've mentioned it yourself, a lot of people falling out of the workplace, often due to ill health, often because they can't get the treatments that they need because nhs waiting lists are so long. but it's interesting, you've clearly articulated there, i think, that you are open to squeezing the welfare budget further and making it harderfor people to claim on a different form of payment though when it comes to pensioners, what about the triple lock? because you hinted this week that the triple lock, which guarantees pensioners income, keeps pace with inflation. you hinted that might be reviewed, but will the triple lock be in the tory manifesto this time round? well, i can confirm it will be, yes. and there's two very important things i would say about that. when we

rachel reeves couldn't say anything she'd do differently because everybody knows that labour do not haveending promises which will lead to higher taxes and lower take—home pay for ordinary people. we're sticking to our plan — what does that mean? it means inflation falling, wages rising, and sticking to this plan will mean that we are able to deliver the long—term change the country needs, not to risk it all and go back to square one with labour. if you have seen the latest bond movie no time to die, you will recall that the final scene is a bit of a cliff—hanger. in fact, you might even assume that 007 is, no more. except we know the franchise continues. and today, speculation is rife that the man replacing daniel craig will be 33—year—old aaron taylorjohnson. emer mccarthy has more. it's one of the most coveted jobs in cinema and speculation is rife that aaron taylor—johnson is set to be the nextjames bond. the sun newspaper is reporting that the 33—year—old has been formally offered the role, and he's set to sign a contract later this week. he would, of course, be taking overfrom dani

the shadow chancellor, rachel reeves, has played down expectations of a a rapid improvement in publice by 2 pence for the second time in six months, and adopted two of labour's fund—raising policies. rachel reeves told the laura kuenssberg programme that if they win the election, there would be some extra spending, but labour would not "be able to turn things around straight away . it is clear that the inheritance that government have if we do when the next election will be the worst since the second world war. and i have to be honest, that we're not going to be able to turn things around straightaway, but we will get to work on all of that. earlier, i spoke to our political correspondent, pete saull, about what the shadow chancellor said. i think the budget on wednesday from the chancellor, jeremy hunt, presented a few challenges to the labour party. of course, the big headline was the cut to national insurance by two percentage points, and that's quite an expensive policy. so he came up with various other things to try and raise the money for that, including what was previously a la

rachel reeves talking to laura kunessberg earlier.pondent peter saull shared his analysis on the comments she made. polls suggests that rachel reeves may well be the next chancellor. so we all want to know exactly what she's going to do differently from jeremy hunt. now, labour does have, like the conservatives, pretty strict rules to keep tabs on government debt and borrowing, labour allow a little bit more room for manoeuvre in terms of borrowing to invest in long term projects. but, you know, she did acknowledge that things will not improve overnight. as we heard in that clip there. she also confirmed that her party remains committed to a series of reforms to workers' rights, such as banning zero—hours contracts. but rather than setting out a radical, fresh approach, i think her central political calculation is that she needs to show to voters that she can be trusted with the nation's finances. and the budget that we had on wednesday from jeremy hunt did present her with some challenges because he adopted labour's plan to abolish t

shadow chancellor rachel reeves warns the bbc�*s laura kuenssberg that labour is inheriting the worstconomic situation since the second world war. i have to be honest that we are not going to be able to turn things around straightaway, but we will get to work on all of that. and hollywood's biggest night kicks off later with all eyes on oppenheimer to see if it can break the record for the most wins at the oscars. the budget the government unveiled on wednesday has left the shadow chancellor with a major headache. jeremy hunt cut national insurance by 2p for the second time in six months, as well as adopting two of labour's policies, which it planned to use to fund breakfast clubs in schools and extra nhs appointments, if the party wins the next election. earlier, the shadow chancellor, rachel reeves spoke to the bbc�*s laura kuennsberg and started by talking about how they plan to raise money now. we are committed to the extension of working rights, including banning the national welfare and is a key component of our growth plans, and britain has never had one before. the idea is to

well, rachel reeves, she's going to be there. you just ruins... you just ruined... that, that gives him a very easy thing to say, doesn't it? we were right. we're ready to go. throw the keys across. that's what you can say. i think it's terrible is the answer. i mean, it'sjust a terrible thing to do. and it's also going to be very difficult for rachel reeves if she becomes chancellor because she's going to inherit all of this. now, look, you've done an amazing job and on a sunday, but it can't go on. which bit, the sunday? no, this amazing trisco. sure. i bet you there is a place in cornwall called trisco and i'd love it if there was a shanty about it or if there had been a rail replacement bus dropping people off at trisco. and so now we're going to say goodbye with a little bit of good news, which is to say that i won't be here next weekend. that's terrible news. that's good, because you will be reunited with adam fleming for the weekend editions of newscasts. well, that's a first. how will i keep him in order? well, it's going to be great viewing and listening. t

shadow chancellor rachel reeves — has delivered tonight a big speech on labour's plan for the economyso does labour have plan? and is this an historic moment for english football? the government introduces its plans for an independent regulator. good evening. benjamin netanyahu has reaffirmed his belief that israel will have to send troops into rafah, the city in the southern gaza, to achieve its war aims of eliminating hamas. he has been briefing a government committee in which he acknowleged his difference with the white house on that, not on the objective, per se, more on the means. that much is clear. president biden has been firm in his belief that a full—scale of invasion of rafah would be a disaster. the white house has invited key security officials to washington to discuss the strategy �*probably early next week'. here's what the us national security adviser said ahead of that meeting. the president has rejected, and did again today, the strawman that raising questions about rafah is the same as raising questions about defeating hamas. that'sjust nonsense. our position is tha

addressing finance leaders this evening , rachel reeves will evening, rachel reeves will liken the challengeshe's made it clear she plans to reform the treasury if labour wins the general election . the shadow general election. the shadow chief secretary to the treasury, darren outlined and her plan. >> we are on the cusp of an opportunity in this country, an opportunity in this country, an opportunity for a decade of national renewal where we can get growth back into our economy, make people better off and start to turn the page on 14 years of failure from the conservatives if labour is to win the election later this yean win the election later this year, will be the worst year, it will be the worst fiscal inheritance that any party since the second party has had since the second world that's why world war. and that's why we talk of national talk about a decade of national renewal . there will be some renewal. there will be some things do immediately, renewal. there will be some thin public do immediately, renewal. there will be some thin public services1mediately, renewal. there will be so

that's what rachel reeves what he and rachel reeves have been not that been saying. reeves saying, rachel reeves has been saying, you i'm going to have you know, oh, i'm going to have thatcher's it's thatcher's policies because it's really she has really not at all. she has completely rejected the framework thatcher. completely rejected the frame she < thatcher. completely rejected the frame she < is thatcher. completely rejected the frame she< is i'm thatcher. completely rejected the frameshe< is i'm goingtcher. completely rejected the frameshe< is i'm going to er. what she said is i'm going to govern with the same iron rule , govern with the same iron rule, and i'm going to give you the context, the stable economy , a context, the stable economy, a stable, secure economy where businesses feel secure enough to invest. and that goes also for local councils . local councils. >> and i'm going to be really boring. >> well, yes, you know what a lot of people probably want want them to be very boring. >> labour vote boring. that's stella's advice to all of you . stella's

that's what rachel reeves what he and rachel reeves have been not that been saying.eeves saying, rachel reeves has been saying, you i'm going to have you know, oh, i'm going to have thatcher's it's thatcher's policies because it's really she has really not at all. she has completely rejected the framework thatcher. completely rejected the frame she < thatcher. completely rejected the frame she < is thatcher. completely rejected the frame she< is i'm thatcher. completely rejected the frameshe< is i'm goingtcher. completely rejected the frameshe< is i'm going to er. what she said is i'm going to govern with the same iron rule , govern with the same iron rule, and i'm going to give you the context, the stable economy , a context, the stable economy, a stable, secure economy where businesses feel secure enough to invest. and that goes also for local councils . local councils. >> and i'm going to be really boring. >> well, yes, you know what a lot of people probably want want them to be very boring. >> labour vote boring. that's stella's advice to all of you . stella's ad

rachel reeves there.henry zaffman from westminister. we have had the evening to crunch through some of what the budget really means. what has been the analysis overnight? 0ne really means. what has been the analysis overnight? one of the funny things is that actually the biggest announcement was known the evening before, let alone after the budget. conservative mps were in the house of commons waiting for something that would be a big surprise, often in westminster known as the rabbit out of a hat, but actually the biggest announcement was the 2% cut in the rate of national insurance, the tax paid by those in employment, which had leaked the day before. so it had a sort of slightly odd political landing, the budget, because it became kind of a bit of a flat one for conservative mps. i'm emphasising conservative mps because the budget is of course a big economic event for people up and down the uk, but it is also, especially in a general election year, a political event. and some conservatives want to jere

rachel reeves told the laura kuenssberg programme that if they win the election, there would be somehings around straight away". it's clear that the inheritance that a labour government would have if we do win the next election will be the worst since the second world war. and i have to be honest that we're not going to be able to turn things around straightaway, but we will get to work on all of that. earlier i spoke to our political correspondent peter saull about what the shadow chancellor said. i think the budget on wednesday from the chancellor, jeremy hunt, presented a few challenges to the labour party. of course, the big headline was the cut to national insurance by two percentage points, and that's quite an expensive policy. so he came up with various other things to try and raise the money for that, including what was previously a labour idea to reform non—dom tax status. and labour said that they were then going to raise the money through that to spend on other things. so the obvious question to rachel reeves — and laura kuenssberg put it to her repeatedly today — was, how

shadow chancellor rachel reeves tells the bbc�*s laura kuenssberg that labour is inheriting the worstconomic situation since the second world war. hollywood's biggest night kicks off later with all eyes on oppenheimer, to see if it can break the record for the most wins at the oscars. now on bbc news, political thinking with nick robinson hello and welcome to political thinking, a conversation with, rather than a news interrogation of, someone who shaped our political thinking about what has shaped theirs. my guest this week is a daughter of what we still euphemistically called the "troubles" — the 30 years or more of violence which scarred northern ireland and the british mainland divided communities and claimed the lives of more than 3000 people. emma little pengelly is the new deputy first minister of northern ireland. she grew up on the border with the south, the place with the highest death toll outside belfast. her father was arrested and imprisoned in france for involvement in arms trafficking for hardline loyalists back in the 1980s, something he still denies to this day, thou

. the rachel reeves. next. it's patrick christys tonight. only on gb news. still to come. tonight's panel will go through the very first of tomorrow's front pages . but right now, we front pages. but right now, we have got exclusive polling conducted afterjeremy hunts budget . okay, so this conducted afterjeremy hunts budget. okay, so this is finally. now a big exclusive for you. here are the results. all right. are we heading for a labour landslide? sir keir starmer's party are at 46% in voting intention. concern lives on 18. reform are up to 13. the lib dems on 10. crucially, under half of 2019 tory voters plan to vote for them again at the next election. when asked who do you trust more to cut taxes? 15% said jeremy hunt, 718% said rachel reeves. but a whopping 44% said neither . rachel reeves. but a whopping 44% said neither. i'd say the electorate are pretty much on the money there. okay next, who do you trust more to strengthen the economy over the long terms? big one. this a conservative government

and got rachel and of course, he's got rachel reeves.rachel reeves has been right wing press been in the right wing press quite she did an quite a lot. she did an interview with the telegraph yesterday. in sun on yesterday. she's in the sun on sunday so she's on sunday today, so she's on manoeuvres, entice manoeuvres, hoping to entice some to some disgruntled tories over to the labour camp, which is interesting. big story interesting. the other big story of weekend, sam, of of the weekend, sam, is, of course, and, course, the terror threat and, um, reacting and um, people are reacting and riffing speech that riffing off this speech that rishi gave on friday. odd rishi sunak gave on friday. odd timing that did you make of timing that what did you make of it? it very odd. it was very >> it was very odd. it was very odd. we got notice very odd. it was we got notice very late in the uh, obviously late in the day, uh, obviously then that set hares racing. everyone's the everyone's thinking is this the prime about announce prime minister about

. the rachel reeves.e andifs next. it's patrick christys tonight. only on gb news. still to come. tonight's panel will go through the very first of tomorrow's front pages . but right now, we front pages. but right now, we have got exclusive polling conducted afterjeremy hunts budget . okay, so this conducted afterjeremy hunts budget. okay, so this is finally. now a big exclusive for you. here are the results. all right. are we heading for a labour landslide? sir keir starmer's party are at 46% in voting intention. concern lives on 18. reform are up to 13. the lib dems on 10. crucially, under half of 2019 tory voters plan to vote for them again at the next election. when asked who do you trust more to cut taxes? 15% said jeremy hunt, 718% said rachel reeves. but a whopping 44% said neither . rachel reeves. but a whopping 44% said neither. i'd say the electorate are pretty much on the money there. okay next, who do you trust more to strengthen the economy over the long terms? big one. this a conservative go

reeves — will be outlining her plans in the next few hours.ech to business and finance chiefs in the city of london — ms reeves will promise a "new chapter in britain's economic history". we don't have many of the details yet — but it's thought she'll outline a new industrial strategy for the uk — including a "national wealth fund" to invest in growth industries — that would in turn create half a million newjobs. she's also expected to announce reforms to the treasury — the government's finance department — to make it support economic growth. but the government's chief secretary to the treasury — laura trott — says labour are offering "no plan — just more borrowing and more taxes". so what are the priorities for british businesses? joining me now live is the chief economist of the confederation for british industry. what does the cbi and its members need to hear from a prospective chancellor back? often the criticism of not enough detail. what would you like to hear? what businesses would like to hear? what businesses would like to hear is a l

rachel reeves will be here next week so we are not discussing labour's economic policy. labour is we have halved unemployment. their plans will destroyjobs because they want to give more additional burdens to employers. their plans... we have plans to bring taxes down, they want to spend more, so there is that contrast with labour but it's not going to be about gimmicks. your plan on non—doms and making it harder for non—doms to pay avoid paying tax here, perfectly legally under the current rules, you would be carrying out a screaming u—turn. do you deny that that is your plan? wa nt to want to talk about any individual taxes. i thought that was a dance we won't have. i want to bring down the tax burden. as a conservative. that would be the right way to unlock growth in the economy but i will do so in a way that is responsible, not through borrowing, not through gimmicks, iwill do through borrowing, not through gimmicks, i will do the right thing in the long term interest of this country because my economic growth. what about doing the right thing for the tourist industr

shadow chancellor rachel reeves has told the bbc�*s laura kuenssberg that labour is inheriting the worstconomic situation since the second world war. and i have to be honest that we're not going to be able to turn things around straightaway, but we will get to work on all of that. the battle of the blockbusters will be decided later at the biggest night in the entertainment calendar. will barbie or oppenheimer win big at the oscars? as we heard earlier the budget the government unveiled on wednesday has left the shadow chancellor with a major headache. jeremy hunt cut national insurance by 2 pence for the second time in six months, as well as stealing two of labour's fund—raising policies. the party had planned to use these to fund breakfast clubs in schools and reduce nhs waiting lists, if it wins the next election.earlier, the shadow chancellor, rachel reeves spoke to the bbc�*s laura kuennsberg about how they plan to raise money now, starting with establishing a taskforce to help create a national wealth fund. the national wealth fund is a key component of the growth plan and the idea

rachel reeves has set out a plan to deliver that economic growth that we desperately need.ause we are - identical but similar. they are not identical because we are clear - identical because we are clear government needs to invest to secure our economic future, that government should be able to do that. the conservatives' reels dis— incentivise that investment and frankly we have seen the impact of an inconsistent approach from the conservatives to this over many years. rachel reeves deliver cassette at those fiscal rules of many months ago and did that to provide the stability of a business in particular, so a big difference there. secondly, a big difference around ensuring there is investment. that comes from that stability but also from the national sovereign wealth fund for example that labour set out plans for, and then also because we would reform. the conservative simply cannot deliver reform in the areas that labour is setting out. our new deal for working people to make work pay, they would protect measures and planning also the once in a generation change to plann

shadow chief secretary to the treasury darren jones outlined rachel reeves plan . outlined rachel reevescusp of an opportunity in this country, an opportunity in this country, an opportunity for a decade of national renewal where we can get back into our get growth back into our economy, people better off economy, make people better off and start to turn the page on 14 years of failure from the conservatives. if labour is to win election this win the election later this yean win the election later this year, worst year, it will be the worst fiscal inheritance that any party's had since the second world and that's why we world war. and that's why we talk a decade of national talk about a decade of national renewal. there will be some things can immediately, things we can do immediately, and public services are obviously one of our priorities as britain's roads are at breaking point. >> as pothole numbers reach an eight year high, a report found just 47% of local road miles were rated as being good, with 36% adequate and 17% poor. the asphalt industry alliance said councils were expected t

well, the first thing i say is i like and respect rachel reeves.ferences. and you were talking about the cost of living crisis. i mean, the question is not simply how do we get simply, how do we get through current difficulties? but how do we move decisively to higher growth, higher living standards? and to do that, we've got to confront very difficult questions. and i would say there are probably three that we need to confront. i don't think rachel has confronted those this week. let me give you one. if we're going to grow the economy, that means businesses are going to hire more workers. is that going to come from more migration or making work pay with the six million adults of working age who are not in work and not at university? now, she didn't mention welfare reform or controlling migration once in over 8,000 words of a speech, we have introduced free childcare, we've changed the rules on pensions so that people in their fifties want to carry on working. mel stride's plans to make to bring people back into work will help a million people back

coming tonight, shadow coming up tonight, shadow chancellor reeves, she is chancellor rachel reeves,e is giving a speech reckons that giving a speech she reckons that britain facing a 1979 moment britain is facing a 1979 moment all over again, quicker than i don't know what, tim. my viewers said . omg michelle, i would love said. omg michelle, i would love to have that 1979 experience again. a ford capri three litre and a new date every night, he says , tim, you sound like quite says, tim, you sound like quite a smoochie, but i don't think she means that. quite frankly, i think she was talking economically , it's got me economically, it's got me wondering, do you think this country is as bad as it perhaps was then? is it worse or better? your thoughts on that? >> quentin leonard cohen records. that's what i was listening to, was 1979. i remember eating a lot of that election as well. i was a twinkle. you were a twinkle. i you still are a twinkle in some of us, opinion. but no, the poor old rachel reeves, she's desperate for something to say because she's boxed in by, constrained thou

rachel reeves says thirwhat;e this. class because rachel reeves says thirwhat would you done differently need is a plan for growth. we need get people growth. we need to get people back work. there are 700,000 back to work. there are 700,000 more people, due to be on sickness benefits . and that, of sickness benefits. and that, of course, is a huge cost to the economy with the benefits paid out. >> oh, i going after going after the benefits. and he's ushered in people like this. >> keir starmer this is for gaza i >> -- >> we simply cannot quantify the impact independent candidates will have at the next election . will have at the next election. and they're going to harm starmer more than anyone else . starmer more than anyone else. labour hasn't even won a general election yet, and it's already on the brink of ripping itself apart . let's get the thoughts of apart. let's get the thoughts of my panel tonight. i am joined by daily telegraph columnist allison pearson, the founding chairman of global britain uk, amber gill, and former labour party adviser matthew laza allison. he's lost owen

rachel reeves says thirwhat;e this. class because rachel reeves says thirwhat would you done differentlywe need is a plan for growth. we need get people growth. we need to get people back work. there are 700,000 back to work. there are 700,000 more people, due to be on sickness benefits . and that, of sickness benefits. and that, of course, is a huge cost to the economy with the benefits paid out. >> oh, i going after going after the benefits. and he's ushered in people like this. >> keir starmer this is for gaza i >> -- >> we simply cannot quantify the impact independent candidates will have at the next election . will have at the next election. and they're going to harm starmer more than anyone else . starmer more than anyone else. labour hasn't even won a general election yet, and it's already on the brink of ripping itself apart . let's get the thoughts of apart. let's get the thoughts of my panel tonight. i am joined by daily telegraph columnist allison pearson, the founding chairman of global britain uk, amber gill, and former labour party adviser matthew laza allison. he's lost ow

the one thing that that rachel reevesis the one thing that that rachel reeves is saying, this is the saying that there's going to treasury enterprise she's saying that there's going to growth'easury enterprise she's saying that there's going to growth unitry enterprise she's saying that there's going to growth unit is enterprise she's saying that there's going to growth unit is goingrisehave and growth unit is going to have and growth unit is going to have an role in policy an enhanced role in policy making. and, and, and basically she says we're doubling she then says we're doubling down on capitalism. and i think this is part of obviously, her speech today. she's trying to make appeal to tory make a big appeal to tory voters, you bringing up voters, you know, bringing up thatcher, capitalism thatcher, bringing up capitalism and down on profit and doubling down on profit making businesses. this is this is moving into tory territory. >> you're talking about this, enterprise and growth unit . she enterprise and growth unit. she wants to give it a meaningful say in the content of every

i'm secretly an admirer rachel my admirer of rachel reeves.he. it? the iron lady the. what was it? the iron lady and rest of it. but, the and all the rest of it. but, the truth is that she's made a lot of good noises. the obr are going to sign off labour's spending pledges. they're not going the cash. going to splash the cash. they're to spend they're not going to spend money. haven't got well money. they haven't got so well done and done rachel done labour and well done rachel reeves. it not concerning reeves. but is it not concerning that the architect of new labour is to write articles in is having to write articles in the paper warning the labour party damage business? party not to damage business? it's not a good look, is it, paul? >> no, he's entitled to say it and he's probably. but why is he saying well, because he saying it? well, because he wants set of the wants to set the tone of the labour government that he thinks might corner. might be around the corner. and rachel reeves, as you say, is brilliant. by the labour brilliant. by th

i'm secretly an admirer rachel my admirer of rachel reeves.. it? the iron lady the. what was it? the iron lady and rest of it. but, the and all the rest of it. but, the truth is that she's made a lot of good noises. the obr are going to sign off labour's spending pledges. they're not going the cash. going to splash the cash. they're to spend they're not going to spend money. haven't got well money. they haven't got so well done and done rachel done labour and well done rachel reeves. it not concerning reeves. but is it not concerning that the architect of new labour is to write articles in is having to write articles in the paper warning the labour party damage business? party not to damage business? it's not a good look, is it, paul? >> no, he's entitled to say it and he's probably. but why is he saying well, because he saying it? well, because he wants set of the wants to set the tone of the labour government that he thinks might corner. might be around the corner. and rachel reeves, as you say, is brilliant. by the labour brilliant. by the

reeves — services and i think what rachel reeves has made clear is it has to come _ reeves has madeyou talk about productivity, i was talking - come in that order. you talk about productivity, i was talking to i come in that order. you talk about productivity, i was talking to a i productivity, i was talking to a former chancellor, norman lamont, who said today�*s budget was all about productivity. and you almost sing the same thing? ida about productivity. and you almost sing the same thing?— sing the same thing? no because there are ways — sing the same thing? no because there are ways we _ sing the same thing? no because there are ways we might - sing the same thing? no because there are ways we might try i sing the same thing? no because there are ways we might try to i sing the same thing? no because i there are ways we might try to drive productivity. there has been a plan that was— productivity. there has been a plan that was all— productivity. there has been a plan that was all about cutting essential spending _ that was all about cutting essential spending 14 years and that

rachel reeves will set out today _ today? good morning. have got to get growth back to the economy. that might seem obvious to people at home, we are in recession right now. but it is the long—term solution to being able to free up cash for public services and make people better off and then the obvious question is, how are you going to achieve growth the conservatives had failed so miserably at achieving it? rachel will set out three pillars of her argument today around stability, political stability, we have had a lot of instability recently and we will not have that with labour if we win the next election. investment, a decade of investment in our country from the private and public sector. and the third pillar is reform, a lot of work for government to do around planning reform, skills, apprenticeships, the supply chain and providing opportunities for workers across the country to benefit. so rachel will set that out today in this important lecture for a shadow chancellor and define what we see as an opportunity for a decade of nationa

and rachel reeves our shadow chancellor, not she shadow chancellor, he's not she is with taxpayers isnows people work hard to for their and pay their taxes, and they want that money well spent . so we're. well spent. so we're. >> so you're not going to put taxes up . taxes up. >> we're going through the box and we're going to tell you how we will fund those commitments. the conservatives , in contrast, the conservatives, in contrast, have made a £46 billion unfunded commitment a bombshell. and they won't even tell you where the money is coming from. well, i'll tell you where the money is coming from. it's probably coming from more tax on pensioners. probably pensioners. okay. it's probably coming from severing link. coming from severing the link. but minute. and the but hang on a minute. and the pension rachel reeves has said that would this ni cut. >> you're your own shadow chancellor has said she wouldn't reverse this. cut . so are reverse this. and i cut. so are you at odds with your own shadow chancellor ? chancellor? >> no. there's two things going on because we've long on here.

now, i thought rachel reeves, the shadow chancellor, might respond to jeremy hunt, but no, it was sir this is just a little snapshot of what he say. just a little snapshot of what he there say. just a little snapshot of what he there we 1. just a little snapshot of what he there we have it. the last >> there we have it. the last desperate act of a party that has failed britain in recession. the national credit card maxed out and despite the measures today , the highest tax burden today, the highest tax burden for 70 years, the first parliament since records began to see living standards fall confirmed by this budget today , confirmed by this budget today, thatis confirmed by this budget today, that is their record. it is still their record. give with one hand and take even more with the other, and nothing they do between now and the election will change that . will change that. >> well, keir starmer there in pretty confident mood. i thought, well let's go and speak to lloyd russell—moyle, labour member of parliament for brighton and peacehaven. and i have to say lloyd , i want to have

now, i thought rachel reeves, the shadow chancellor, might respond to jeremy hunt, but no, it was sir and this is just a little snapshot of what he say. just a little snapshot of what he there say. just a little snapshot of what he there we 1. just a little snapshot of what he there we have it. the last >> there we have it. the last desperate act of a party that has failed britain in recession. the national credit card maxed out and despite the measures today , the highest tax burden today, the highest tax burden for 70 years, the first parliament since records began to see living standards fall confirmed by this budget today , confirmed by this budget today, thatis confirmed by this budget today, that is their record. it is still their record. give with one hand and take even more with the other, and nothing they do between now and the election will change that . will change that. >> well, keir starmer there in pretty confident mood. i thought, well let's go and speak to lloyd russell—moyle, labour member of parliament for brighton and peacehaven. and i have to say lloyd , i want to

, rachel, rachel reeves, britain faces 1979 moment. and i'd just like to say i was a 1979 moment for both my parents were. yeah. so conceived and born in 1979, whereas i was alert when thatcher was elected , and it was thatcher was elected, and it was pretty much on my 14th birthday. >> was it really? yeah >> was it really? yeah >> so that was may, wasn't it? may the 3rd. and this is what they're talking about. so britain faces 1979 moment rachel reeves , today reeves will argue today, today being and tuesday being tomorrow and tuesday as she a labour she vows that a labour government would work with businesses a decade of businesses to create a decade of national renewal. so she's pointing back to 1979. obviously, thatcher came in in may and 1979 was the end of this kind of terrible decade , in kind of terrible decade, in terms of the economy for the 19705, terms of the economy for the 1970s, obviously it's brilliant for music and all sorts of other cultural yeah, and then cultural reasons. yeah, and then of course, we went into the 8