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tv   BBC News  BBC News  January 29, 2025 11:00am-11:35am GMT

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not add up public finances did not add up and know i would have to come with more tax increases, back with more tax increases, the question would be, you're at this ,, matfithi’srblackallm " ,, "slim; scam " ,, "slim; scam is; " stuck, at this blackell in’thg' " f’ " ’ " finances, how will you stuck, at this blackell in’thg' " f’ " ’ " them? 1ces, how will you stuck, at this blackell in’thg' " f’ " ’ " them? 1ces, ho�* now you stuck, at this blackell in’thg' " f’ " ’ " them? 1ces, ho�* now drawn a fill them? we have now drawn a line under that economic fill them? we have now drawn a line under that ec the 1ic fill them? we have now drawn a line under that ec the decisions mismanagement. the decisions were not i recognise have but the 2—2: w 7" "grain” our public 77 to our public 77 to go ur public 77 to go unchecked 77 to go unchecked would finances to go unchecked would have 522" even greater. ”w 7 to the esturnitra 322555559; he“; ' " which has allowed the of england cut interest bank of england to cut interest rates twice since this bank of england to cut interest rates twice 5 came iis bank of england to cut interest rates twice 5 came to office, government—came to office now government—came to office. now much government—come to office. now much closer at government—come to office. and )w much closer at government—come to office. and wages :h closer at government—come to office. and wages :h clo5 at at government—come to office. and wages :h clo5 at twice 2.5%, and wages rising at twice the of inflation some of that stability that some of that stability that some of that stability that we lacking for so that we were lacking for so many years �* the many years under the has to gopservatives has returned to economy. but i am upbeat optimistic our - ros-ects. ”rosetts. he country's prospects. he wouldn't be, being at , eda}; c c;; e? , "77633977 if " n ' 7 7 today? it not be
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siemens today? it would not be seeing what are meeéceeeeeéz?e£—e. .,.. 7” "w, ww 77 derby? seeing what doing in derby? seeing what hitachi are doing in newton, see what is down see what is he p�*pening just down we see what is happening just down we have amazing the road? we have amazing place in this country doing amazing but the 77 77 but the truth 6 but the truth is 77 but the truth is we 77 but the truth is we do see that in the and gdp numbers. we have ot so we have got to turbo—charge our economy, go further and faster in the faster in delivering the stability, the reform and the thatis that is required to investment that is required to turn around our economic tj-�*j’n. erounu qb? sqqhqfwie' "w’t’wt """"”"’ turn. erounu our economic www w* i will tj-�*j’n. erounu qb? sqqhqfwie' "w’t’wt """"”"’ u will 7 question from 1 question from daniel 7 7 eiq fromn from daniel 7 7 eiq fromthe 3m daniel if the economy continues to underperform, can reliance messa-es messages on "deoeffim 2:2"! ,, reliance messages on march "deoeffim care ,, reliance messages on march 26? spending messages on march 26? you need — spending messages on march 26? you need to have a bit of optimism and our exciting at the 0b optimism and our exciting at the ce i optimism and our exciting at the ob i would do wee plans! at the ob i would do wee doing our ports and updating our economic and fiscal report,
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gyréeconomic and fiscal report. two that gyréeconomic and fiscal report. two —— that gyréeconomic and fiscal report. two —— the that gyréeconomic and fiscal report. two —— the ob iat gyréeconomic and fiscal report. two —— the ob will be happens —— like the qb will. be reports and updating our doing reports anciupciating our and fiscal doing reports andrupdating our and fiscal report. i forward to seeing their lookiorward to seeingtheir i've really is forecast. i've been really is clear by the fiscal rules, they are non—negotiable and want are non—negotiable and i want to disability our we are still! two economy but we are still two , ,, ,, off and a lot of things months off and a tot of things time is months off and s tot of things time is i'm not going in that time is i'm not going to a running on z— -t7 1 march forecast, : 1 march forecast, daniel. i they give to our the next uestion from economy. the noxtrquestionrf . -- economy. the nextrquestionrf . -- remarkable array of supply—side - which _ remarkable array of supply—side - which i going - remarkable array of supply—side - which i going to- = -22 _: over. long term but in time, we've -ot the comin- ,we've -ot the comin- , april -ot the comin- , aprilwhiche comin- , aprilwhich is rise coming in april which is an immediate _ rise coming in april which is an immediate drag - rise coming in april which is an immediate drag on - rise coming in april which is i an immediate drag on growth, potentially _ an immediate drag on growth, potentially from _ an immediate drag on growth, potentially from the _ an immediate drag on growth, potentially from the point - potentially from the point of view — potentially from the point of view from _ potentially from the point of view from businesses. - potentially from the point of view from businesses. by. view from businesses. by doing anything — view from businesses. by doing anything in _ view from businesses. by doing anything in the _ view from businesses. by doing anything in the short _ view from businesses. by doing anything in the short term - view from businesses. by doing anything in the short term to i anything in the short term to address— anything in the short term to address is— anything in the short term to address is grace _ anything in the short term to address is grace depressingl address is grace depressing facets? _ address is grace depressing facets? ., ,., address is grace depressing facets? ., ., facets? the tshots'potnt'of the ww" . that were it about
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peopl; c. .:f: , . peoplé {0 c u , , peopletoifithings ' ' enabling people to do things more quickly. the revelatory reforms that we are making to put a in remit of put a growth in the remit of our regulators, the planning reforms to it �* to reforms to make it easier to build things. i've said to that i want them hssthrfiee that ! essnt thsm to forward hssthrses that ! essnt thsm ts forward with hisathrses that ! esant thsm ts forward with plans �* by the summer and i to or by the summer and we want to have a development consent �* come forward the end order come forward by the end of this parliament. we hope to be able to grant it in this so we are so we are not parliament, so we are not waiting for years into the future, we wanted to do fataret we wantea'ts so things ..,.u..u...u.....,.,, to fataret we wantes'ts so $5555... ~ ~ �*to tight the now to tight around the performance. we want to give and businesses and investors confidence that is a to doin- thin-s, to start start doing things, to start making because we are making things because we are reforming how our works reforming how our economy works to it �*for to e the energy, transport, build the energy, transport, housing the housing infrastructure and the data centres that we need. the of combinationrof— revelatory and planning reforms reforms and planning reforms mean we do not have mean that we do not have to for decades into the wait for decades into the future, we can crack on and do
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those now. i've got a those things now. i've got a bit extra times i would bit of extra times i would take few more the lady 7 there on this site. hi, thanks, chandler- _ there on this site. hi, thanks, chandler. we _ there on this site. hi, thanks, chandler. we have _ there on this site. hi, thanks, chandler. we have had - there on this site. hi, thanks, chandler. we have had from | i'm from e 7 dero-atory drive and z dero-atory drive and say this derogatory drive and say that— this derogatory drive and say that the _ this derogatory drive and say that the optics are s: an that the optics are bad for an investment. up and bored givingsegulotorsup andfb. givingsegulotorsup andrbofed and think eff em“ e13"? ass! on” “at"? 7 7 h 7 ”ww 7 w w with independent mtstsh'ha”'thmsspshdsht w is _ is for britain? w- w i up to . government to i w up to i government to set is up to the government to set the think isa ' w wisa p.;i.(j..""”' w w ' w ' w wisa ..;i.(e7..”k"n’.;.'." w ' w w ' w wisa prblfer’khwma't’ business is a problem know what is best for international investment and into the was investment and into the uk. was businesses, big and what businesses, big and small, what is all the time that a is hitting all the time that a combination �*the regulations, �* of of regulations, the number of consultees that they have to of regulations, the number of consultees tjudicial have to of regulations, the number of consultees tjudicial review o regulations and coyryflicting regulations and you cogflicting regulations and you have from rules that you have from different over the different regulators over the same entity or investment, it different regulators over the sarr creates or investment, it different regulators over the sarr creates confusion 1ent, it different regulators over the sarr creates confusion there it different regulators over the sarr creates confusion there is of predictability in
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ww w which is w ' w w whiéfii’s'b'éd ' w w w w w whichwiwstwawd fowrw regulators which is bad for and our economy. i buysyiness and our economy. i not business and our economy. i not apologise for buysyiness and our economy. i not apologise for wanting will not apologise for wanting to how works to perform how regulation works we're going to grow in britain we're going to grow the economy, we need to reform the economy, we need to reform the regulators they need the regulators too. they need to be part of this growth for i've been mission for them i've been really pleased by one of the w that we w w that we have ”£531.55; hwadw w wwthathewhavewhwaderom reply is that we have had from the regulators and i look reply is that we have had from the reg| to :ors and i look reply is that we have had from the reg| to :ors and with( reply is that we have had from the reg| to :ors and with them to forwardto workmg with them to that yes, we have ensure that yes, we have independent regulation but that there is an appendage regulators also focus on because it is == whis numbersone mission of this and got in to that these on growth. i lanwréthiffiniéuidwww ontwrowthw.wiwwwoquthake ww unweswtiown vthw.wiwwwoquthake ww deethio}; vthw.w|wthwiszdw twake wwunweswtiown vthw.wiwthwiszadyw
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to family said commitments to the family said to learn the from what of course, not to net happened. of course, got to get the balance right on h�*s halarks “first em rsfie�*at't�*h we the e�*slsiks “gr“ em tsfifllst't�*fi we have made commitments the salahse “ght eh teeetet'eh we have made commitments to by; we have made commitments to families that suffered of what about four and we will not renege on i w take one twwa ke one last take one last question from was take one last question from the you. was take one last question from the ou. w w w wctwaer clark from lbc. just in ”,suifiumfi www-swwwwww www—sk www www—skwvewwww tww wwwwwlastw viiewe kw .’..’ havwewwhawdw unwite few business about to job saying is cutting 3000 you're --oin -rowth job’sft�*ou’re’o' o n" you jobsfi�*ou�*re’go'rngfofigrowth nm jobsfi�*ou�*re’go'rngfofigrowth jobsfi�*ou�*re’going for growth you quite a lot of but you seem quite a lot of businesses worried about businesses really wocriedaabout - future, businesses really wocriedaabout - m— businesses really wocriedaabout �*future, is this businesses really wocriedaabout �*future, is ti fora businesses really wocriedaabout �*future, is ti for the orare e a, ' ,, . a. orare you ggigggreaono, o a e o qm,” which eagittsbgemnn o a e o ghuuu which is lighting which is businesses? thank— lighting which is businesses? thank �* , ,, , thank you. businesses will alwa s thank you. businesses will always make _ thank you. businesses will always make decisions - always make decisions about the number of staff they need to demand but look at things meet demand but look at things that we have today. a that we have set out today. a runway at that we have set out today. a rur 100,000 zii’ that we have set out today. a rur 100,000 jobs. the at which east midlands airport which could grow to 2000
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couldegroweto 2000 jobs. the at the zone could create investment zone it could create 6000 jobs so these are good for 6000 jobs so these are are good for 6000 jobs so these are are good good for 6000 jobs so these are are good for good for 6000 jobs so these are are good for wealth i for t�*zijéa gze good for wealth investment in uk creation, investment in the uk and could ultimately, �*a w why we w why we are w why we are doing all the reason why we are doing all of these things is to back we re ww ww wwewrewbwether ww www ww ww wwewrewbwether off ww wwwww ww wwewrewbwether off and and people were better off and you put more in you put more money in their pockets. thank very applause . that was of exchequer . exchequer. , reeees the exchequer, rachel reeves giving a there giving a speech there in oxfordshire she out labour government was not the labour government was not planning to achieve economic growth. several infiltrator projects were announced,
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