tv Britains Newsroom GB News November 1, 2024 9:30am-12:01pm GMT
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and balance the public finances and we have to protect working people, which is what we protect, what we promised in our manifesto. >> minister, we appreciate you coming on for a robust interview. do do pass it around to your colleagues that they're always very welcome to fight their corner. thanks very much indeed. their corner. thanks very much indeed . my pleasure . indeed. my pleasure. >> well and gb news. we'd love to hear what you think. so every day we'll be running our poll of the day. today we've been asking have farmers been hung out to dry by rachel reeves? the results so far, 99% of you say yes, only 1% say no . yes, only 1% say no. >> final result in martin's show later on this afternoon. if you want to have your say, to gb news slash poll. >> that's it from us today.
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well . well . well. >> very good morning to you. well. >> very good morning to you. hope you're well. it's half nine hope you're well. it's half nine on friday, november the 1st. on friday, november the 1st. >> live across the uk. >> live across the uk. >> live across the uk. >> this is britain's newsroom >> live across the uk. >> this is britain's newsroom with me, ben, leo and nana akua. with me, ben, leo and nana akua.
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>> well, we're going to kick >> well, we're going to kick it off. good morning to you with furious farmers. they're outraged by the budget call. they called it a betrayal that threatens their livelihoods. as your weekly shop could be set to rise, here is the chancellor, rachel reeves , speaking. rachel reeves, speaking. >> you own a farm or land . you >> you own a farm or land. you have an additional £1 million inheritance tax. than anyone else does. so already they have additional land that they can pass on without paying any inheritance tax . inheritance tax. >> elsewhere, donated
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grand's worth of clothes donated by lord alli and today it is world vegan day, a time for the vegans to celebrate the benefits of veganism. >> for animals, humans and the natural environment. will you be taking part in the festivities ? taking part in the festivities? >> let us know what you think taking part in the festivities? >> let us know what you think about all of the day's stories. about all of the day's stories. gbnews.com/yoursay. what a week gbnews.com/yoursay. what a week it's been! that budget was it's been! that budget was emphatic, to say the least. emphatic, to say the least. well, it was outrageous, really. well, it was outrageous, really. >> i mean, i thought rishi sunak >> i mean, i thought rishi sunak was incredible. he did well, was incredible. he did well, didn't he? i was like, where was didn't he? i was like, where was that guy? where was that guy? that guy? where was that guy? but what i did was i had but what i did was i had confidence in his understanding confidence in his understanding of the impact of changes that of the impact of changes that are made within budgets. and i are made within budgets. and i have confidence in him . i don't have confidence in him . i don't have confidence in him. i don't have confidence in him. i don't have confidence in him. i don't have confidence in him. i don't have confidence in this lot. i have confidence in this lot. i don't think they understand don't think they understand fancy, fancy taking from the fancy, fancy taking from the farmers. >> and i think the major farmers. >> and i think the major takeaway from the budget for me takeaway from the budget for me watching it at home was that watching it at home was that
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labour have probably labour have probably lost so much goodwill now that they've got this ten year plan. they say, look, in ten years we want to be here. actually, i think they've lost so much goodwill. i don't think they'll make it to ten years. i think five years. i've seen so many comments online. people on twitter, social media saying i voted laboun social media saying i voted labour, but i wasn't expecting this. >> well, the markets are jittery. we'll talk about all of that. send us your thoughts, post your comments. gbnews.com/yoursay. let's get your news with tatiana sanchez . your news with tatiana sanchez. >> nana. thank you very much and good morning. the top stories. well, the fallout from rachel reeves budget continues today as the government faces backlash over increasing inheritance tax
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and fears the 19th of this month and fears have grown that labour's tax and spend budget will fail to boost growth with bonds, shares and the value of the pound falling. nfu president tom bradshaw says the government's decision to limit inheritance tax relief on agricultural property to the first million pounds of assets threatens family farms. it's been described as the closure of the mines moment. here's what one farmer told gb news this morning we're doing this produce food that keeps you alive. >> i mean, i don't know how hard thatis >> i mean, i don't know how hard that is to understand for people in westminster. nobody needs anybody more in the uk than we need a farmer. i don't understand. they're killing the hand that feeds them. literally . hand that feeds them. literally. >> and rescue teams are continuing to search for bodies after flash flooding swept through large areas of spain. the spanish government has confirmed 158 deaths in the valencia region alone. crews are continuing to search for bodies in stranded cars and buildings
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following the floods , as following the floods, as authorities deal with the worst flooding in the country in decades. while the floods have battered valencia's infrastructure , sweeping away infrastructure, sweeping away bridges, roads and railways. and spain's prime minister announced that the area will be declared a disaster zone warning this phenomenon has not finished . and phenomenon has not finished. and those are the latest gb news headlines. for now, i'm tatiana sanchez. more in half an hour for the very latest gb news direct to your smartphone, sign up to news alerts by scanning the qr code or go to gb news .com forward slash alerts . .com forward slash alerts. >> hello and good morning to you at home. hope you're doing well. this is britain's newsroom on gb news live across the uk with me, ben leo and of course nana akua. >> good morning to you. good morning to you . morning. well i
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morning to you. morning. well i mean look you watch that budget. it was incredible to observe. i have to give rachel credit for the stamina because she went on for quite a while . but the for quite a while. but the fallout from it has been , well, fallout from it has been, well, terrible, really. rachel's budget continues as the government faced backlash over increasing inheritance tax for farmers. >> yes, and now financial markets, as we've said, have turned on the chancellor sending borrowing costs soaring, the pound plummeting, mortgage rates inching up slower and higher rather and higher. >> and so let's speak to former labour special adviser and economist paul richards, who joins us now. all right. let's talk about the budget. like i said, i credit rachel for the stamina. she reminded me of tweaky out of buck rogers. mickey, mickey, mickey, mickey. okay, buck, do you remember that? but this is the thing. the contents of the budget were aimed to avoid a liz truss scenario. and i predicted a car crash in slow motion rather than a quick head on. which is what? rachel, which is what liz truss was. this is not good, is it? >> well, i completely reject the any suggestion at all. it's
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anything like liz truss's budget. i mean, that said, well, the interest rates spiralling and the markets crashing and she was out of her job a few weeks later. so you can't slow motion in slow motion. i'm saying it's like it's like i think there are >> but i mean, the reality is millit's. of us >> but i mean, the reality is millit's likers >> but i mean, the reality is millit's like i think there are noises off. people like the like it's like i think there are noises off. people like the national farmers union and so on national farmers union and so on complaining. but, you know, most complaining. but, you know, most of us are now going to get of us are now going to get faster nhs treatment, 3 million faster nhs treatment, 3 million workers are getting a pay rise. workers are getting a pay rise. low paid workers get from the low paid workers get from the 1.5 billion national minimum 1.5 billion national minimum wage. the potholes are going to wage. the potholes are going to get fixed. more money for send get fixed. more money for send in our schools. we're going to in our schools. we're going to get new school buildings to get new school buildings to replace the crumbling concrete. replace the crumbling concrete. you know, there's the you know, there's the infrastructure of the country, infrastructure of 1526 00:10 the sort of the things that matter to us all in our environments locally are the things that are going to be fixed by this budget. so yes, the nfu make a noise. they always hate labour governments. i can remember them demonstrating, being dismissive. >> to be honest with you, i can remember them coming out, you know, and demonstrating outside parliament when labour was last in government. >> they're no fan of a labour government . government. >> the farmers unions, whether they're a fan of the labour militant union and this is what they do. >> but i mean, the reality is
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