hello, this is breakfast with sally nugent and ben thompson the government, which has had a rocky start, has been trying to turn things around and win over some of the world's biggest businesses. the prime minister has claimed its international investment summit yesterday secured tens of billions of pounds of private funding for various uk projects. but many business leaders will also be closely watching what happens to taxes when the budget in announced later this month. let's speak to our chief political correspondent henry zeffman on downing street. correspondent henry zeffman good correspondent henry zeffman morning. good corresondent hen zeffman morninu. am good morning. morning, sally. yes, i am in downing _ good morning. morning, sally. yes, i am in downing street _ good morning. morning, sally. yes, i am in downing street and _ good morning. morning, sally. yes, i am in downing street and who - good morning. morning, sally. yes, i am in downing street and who better| am in downing street and who better to be joined am in downing street and who better to bejoined by in downing street than the prime minister, sir keir starmer question might thank you for joining us. you're clearly very happy with how the investments it worked, went yesterday. how will the

lives of breakfast viewers in as a result of those?— result of those? what happened esterda result of those? what happened yesterday as _ result of those? what happened yesterday as we _ result of those? what happened yesterday as we had _ result of those? what happened yesterday as we had and - result of those? what happened - yesterday as we had and investments some _ yesterday as we had and investments some global investors from across the world — some global investors from across the world came to britain. investors with a _ the world came to britain. investors with a huge — the world came to britain. investors with a huge amount of capital to invest— with a huge amount of capital to invest but— with a huge amount of capital to invest but can choose where they invest _ invest but can choose where they invest it~ — invest but can choose where they invest it. we make the case that now is the _ invest it. we make the case that now is the time _ invest it. we make the case that now is the time to — invest it. we make the case that now is the time to invest in britain and yesterday— is the time to invest in britain and yesterday we were able to announce a £63 hiiiion _ yesterday we were able to announce a £63 billion of inward investment into britain, and for viewers, that n1eans— into britain, and for viewers, that means investment into projects that are secure _ means investment into projects that are secure jobs in every part of the country— are secure jobs in every part of the country because for me i want the economy— country because for me i want the economy to — country because for me i want the economy to grow, i want it to work better, _ economy to grow, i want it to work better, but— economy to grow, i want it to work better, but i— economy to grow, i want it to work better, but i also want it to be felt in — better, but i also want it to be felt in the _ better, but i also want it to be felt in the pockets of working people — felt in the pockets of working people in all parts of the uk, in the past — people in all parts of the uk, in the past we have had a project where they come _ the past we have had a project where they come into bits of britain but not all_ they come into bits of britain but not all of— they come into bits of britain but not all of it. this is about jobs across— not all of it. this is about jobs across the _ not all of it. this is about jobs across the whole of it. you not all of it. this is about “obs across the whole of it. you are talkin: across the whole of it. you are talking about _ across the whole of it. you are talking about housing - across the whole of it. you are i talking about housing investment today. one of those investments, 550 million, a lot of money but that is

talking about 5000 new social homes when there are i million households on social housing waiting lists. yesterday £63 billion an ounce, today— yesterday £63 billion an ounce, today half a billion extra on top of it for— today half a billion extra on top of it for housing, for all parts of the countrv — it for housing, for all parts of the country. that is really important because — country. that is really important because again, investors choosing now is— because again, investors choosing now is the — because again, investors choosing now is the time to invest in britain, _ now is the time to invest in britain, we have said is a government we will fix the foundations, rebuild our country and exrrressiv_ foundations, rebuild our country and expressly saying now is the time to back us _ expressly saying now is the time to back us. conferees and investors coming _ back us. conferees and investors coming today saying here is half at ilion pounds, we want to race out, or over— ilion pounds, we want to race out, or over i _ ilion pounds, we want to race out, or overi billion before too long, that is— or overi billion before too long, that is for— or overi billion before too long, that is for houses around the countrv _ that is for houses around the country. some people watching this, particularly _ country. some people watching this, particularly young people, want to -et particularly young people, want to get on _ particularly young people, want to get on the — particularly young people, want to get on the housing ladder because they know— get on the housing ladder because they know that owning your own home is base _ they know that owning your own home is base camp _ they know that owning your own home is base camp for their aspirations in life _ is base camp for their aspirations in life they— is base camp for their aspirations in life. they haven't had that for many _ in life. they haven't had that for many years _ in life. they haven't had that for many years because the last government failed. we are determined to knock— government failed. we are determined to knock away the obstacles on this, whether— to knock away the obstacles on this, whether planning or anything else, but also _ whether planning or anything else, but also take the opportunities and

these _ but also take the opportunities and these are _ but also take the opportunities and these are the opportunities for housing, — these are the opportunities for housing, for many people who cannot afford _ housing, for many people who cannot afford to _ housing, for many people who cannot afford to own their own home. another— afford to own their own home. another investment, pharmaceuticals. is it your view, like the health secretary, that weight loss drugs could play a big role in solving worklessness and economic inactivity? i worklessness and economic inactivity?— worklessness and economic inactivi ? ~ , , inactivity? i think these drugs could be very _ inactivity? i think these drugs could be very important - inactivity? i think these drugs could be very important for i inactivity? i think these drugs. could be very important for our economy— could be very important for our economy and for health. again, the story— economy and for health. again, the story behind this is really interesting. here is one of the biggest — interesting. here is one of the biggest pharmaceutical businesses, companies, that is decided there was a time _ companies, that is decided there was a time to— companies, that is decided there was a time to put the investment into our countrv _ a time to put the investment into our country. this is consistent with our country. this is consistent with our pitch. — our country. this is consistent with our pitch, which is now is the time to invest _ our pitch, which is now is the time to invest in — our pitch, which is now is the time to invest in britain. during the research — to invest in britain. during the research year, this drug will be very— research year, this drug will be very helpful to people who want to lose weight, it need to lose weight. important— lose weight, it need to lose weight. important for the economy so people can get— important for the economy so people can get back into work, important for the _ can get back into work, important for the nhs because as i have said time and _ for the nhs because as i have said time and again, yes, we need more money— time and again, yes, we need more money for— time and again, yes, we need more money for the nhs but we have to think— money for the nhs but we have to think differently, reduce the pressure on the nhs. this will help in all— pressure on the nhs. this will help in all of— pressure on the nhs. this will help in all of those areas, but whether

it is the _ in all of those areas, but whether it is the 63— in all of those areas, but whether it is the 63 billion, the housing half a — it is the 63 billion, the housing half a billion, pharmaceutical companies coming in, what is happening is, because we are saying so clearly— happening is, because we are saying so clearly that we will fix the foundations, rebuild our country, stable _ foundations, rebuild our country, stable economy, investors are hearing — stable economy, investors are hearing that around the globe and coming _ hearing that around the globe and coming to— hearing that around the globe and coming to britain to invest. this is so aood coming to britain to invest. this is so good for _ coming to britain to invest. this is so good for our — coming to britain to invest. this is so good for our country. _ coming to britain to invest. this is so good for our country. is - coming to britain to invest. this is so good for our country. is there l so good for our country. is there not a bit of tension, you are strikingly optimistic about long—term housing, investment in pharmaceuticals, reform to the nhs. but what can you tell breakfast viewers about how in the short term their lives will improve because of decisions you and your government are making? filth. decisions you and your government are making?— decisions you and your government are makin: ? ., ~' ., are making? oh, well, take that £63 billion worth — are making? oh, well, take that £63 billion worth of _ are making? oh, well, take that £63 billion worth of investment. - are making? oh, well, take that £63 billion worth of investment. that - are making? oh, well, take that £63 billion worth of investment. that is l billion worth of investment. that is coming _ billion worth of investment. that is coming in — billion worth of investment. that is coming in and what i want to do is make— coming in and what i want to do is make sure— coming in and what i want to do is make sure that translates intojobs, well-paid _ make sure that translates intojobs, well—paid secure jobs in different parts _ well—paid secure jobs in different parts of— well—paid secure jobs in different parts of the country. so many people say to _ parts of the country. so many people say to me. _ parts of the country. so many people say to me, what i want is a secure job, _ say to me, what i want is a secure job, well—paid, skilled, that will last for— job, well—paid, skilled, that will last for decades to come and i want that for— last for decades to come and i want that for me — last for decades to come and i want that for me and fought my children and my— that for me and fought my children and my children's children. this is

about— and my children's children. this is about rebuilding the country. many times, _ about rebuilding the country. many times, if— about rebuilding the country. many times, if there has been investment into this _ times, if there has been investment into this country, and there hasn't been _ into this country, and there hasn't been enough, frankly, recently, it has gone — been enough, frankly, recently, it has gone only to some places. the northeast, — has gone only to some places. the northeast, northwest, parts of scotland — northeast, northwest, parts of scotland and other places have not felt the _ scotland and other places have not felt the benefit. what we are doing is getting _ felt the benefit. what we are doing is getting in the investment but also making clear it has to be in different— also making clear it has to be in different parts of the country. i was very— different parts of the country. i was very pleased with the investment yesterday. _ was very pleased with the investment yesterday, the 63 billion, to be able _ yesterday, the 63 billion, to be able to— yesterday, the 63 billion, to be able to identify where those jobs will be _ able to identify where those jobs will be in — able to identify where those jobs will be in the country because the people _ will be in the country because the people watching and listening, they will want _ people watching and listening, they will want to know how does this help me. will want to know how does this help me how— will want to know how does this help me how do — will want to know how does this help me. how do i feel? fine will want to know how does this help me. how do i feel?— will want to know how does this help me. how do i feel? one thing people will be thinking _ me. how do i feel? one thing people will be thinking about _ me. how do i feel? one thing people will be thinking about is _ me. how do i feel? one thing people will be thinking about is the - me. how do i feel? one thing people will be thinking about is the budget l will be thinking about is the budget injust over two weeks. will be thinking about is the budget in just over two weeks. i want to ask you about the manifesto which had you with your sleeves rolled up on the front cover, sleeves rolled up on the front cover, sleeves rolled up through it, so you are the best person to clear up some confusion. did your manifesto rule out increasing any rate of national insurance, employer or employee, or was it merely talking about really

get increasing the rate for employees?— get increasing the rate for employees? get increasing the rate for emlo ees? ~ , . ., ., employees? we were very clear that we would not _ employees? we were very clear that we would not be _ employees? we were very clear that we would not be increasing - employees? we were very clear that we would not be increasing tax - employees? we were very clear that we would not be increasing tax on i we would not be increasing tax on working _ we would not be increasing tax on working people and we expressly said that that _ working people and we expressly said that that was income tax, that was next _ that that was income tax, that was next. . . . that that was income tax, that was next. ., ., , it that that was income tax, that was next-— it wasn'tl next. -- that was nixed. it wasn't 'ust the next. -- that was nixed. it wasn't just the manifesto, _ next. -- that was nixed. it wasn't just the manifesto, we _ next. -- that was nixed. it wasn't just the manifesto, we set - just the manifesto, we set repeatedly in the campaign. we intend _ repeatedly in the campaign. we intend to — repeatedly in the campaign. we intend to keep the promises that we made _ intend to keep the promises that we made in _ intend to keep the promises that we made in our— intend to keep the promises that we made in our manifesto so i will not reveal— made in our manifesto so i will not reveal the — made in our manifesto so i will not reveal the details of the budget, you know— reveal the details of the budget, you know that is not possible at this stage — you know that is not possible at this stage but where we made promises _ this stage but where we made promises in that manifesto we will keep those promises. this will be a manifesto — keep those promises. this will be a manifesto that is going to be... it is a budget— manifesto that is going to be... it is a budget that will be tough, of course. _ is a budget that will be tough, of course, but the focus will be on rebuilding — course, but the focus will be on rebuilding our country and ensuring we get _ rebuilding our country and ensuring we get the — rebuilding our country and ensuring we get the growth we need in our economy— we get the growth we need in our economy so it is consistent with the summits _ economy so it is consistent with the summits we — economy so it is consistent with the summits we had yesterday and this money— summits we had yesterday and this money now coming in which will be a real game _ money now coming in which will be a real game changer for our country. finally. _ real game changer for our country. finally. you — real game changer for our country. finally, you are standing in the

street with me, slightly unusual, i cannot think of prime ministers have done that before, i am very grateful for that. it done that before, i am very grateful for that. . done that before, i am very grateful for that. , ., ., done that before, i am very grateful for that._ usually i for that. it is not raining! usually i stand for that. it is not raining! usually i stand here _ for that. it is not raining! usually i stand here and _ for that. it is not raining! usually i stand here and it _ for that. it is not raining! usually i stand here and it is _ for that. it is not raining! usually i stand here and it is but - for that. it is not raining! usually i stand here and it is but you - for that. it is not raining! usually| i stand here and it is but you have brought the sunshine. it it the fact you are here with me, a recognition that in the first 180 perhaps didn't communicate with the country in quite the right way, you try to change the way you tell the public public what you're doing? what change the way you tell the public public what you're doing? what we did in the first — public what you're doing? what we did in the first 100 _ public what you're doing? what we did in the first 100 days _ public what you're doing? what we did in the first 100 days is - public what you're doing? what we did in the first 100 days is take - did in the first 100 days is take very— did in the first 100 days is take very important steps and change, whether— very important steps and change, whether at the national wealth fund which _ whether at the national wealth fund which we _ whether at the national wealth fund which we set up to get investment into the _ which we set up to get investment into the country, taking railways back— into the country, taking railways back into — into the country, taking railways back into public ownership, setting up back into public ownership, setting up gb _ back into public ownership, setting up gb energy, we were getting on with the _ up gb energy, we were getting on with the change we need it. we were also doing _ with the change we need it. we were also doing something important which was making the case for investment into our— was making the case for investment into our country. for me, that is the most — into our country. for me, that is the most important thing because we know the _ the most important thing because we know the economy was broken by the last government, we know we don't have never—ending public money available — have never—ending public money available. what we have to do is be smart. _ available. what we have to do is be smart, create the conditions in which — smart, create the conditions in which global investors want to come to britain— which global investors want to come to britain to invest in our country.

i to britain to invest in our country. i am _ to britain to invest in our country. i am so _ to britain to invest in our country. i am so pleased that yesterday the hard work — i am so pleased that yesterday the hard work ofjust over 100 days came to fruition— hard work ofjust over 100 days came to fruition with that £63 billion of investment and that is realjobs in the places— investment and that is realjobs in the places where people watching this live _ the places where people watching this live because i want those jobs, well-paid _ this live because i want those jobs, well—paid jobs, to be in their place so they— well—paid jobs, to be in their place so they have a better future, their family— so they have a better future, their family has— so they have a better future, their family has a — so they have a better future, their family has a better future. that is why i_ family has a better future. that is why i came — family has a better future. that is why i came into politics, and why i am glad _ why i came into politics, and why i am glad to— why i came into politics, and why i am glad to be heading this government.— am glad to be heading this government. am glad to be heading this rovernment. ~ , ., ~ government. prime minister, thank ou ve government. prime minister, thank you very much- _ government. prime minister, thank you very much. you _ government. prime minister, thank you very much. you heard - government. prime minister, thank you very much. you heard a - government. prime minister, thank you very much. you heard a prime l you very much. you heard a prime minister who is 1394 00:08:32,05