>>a >> a very, very good afternoon to you and a happy friday. >> it's 3:00 pm. welcome to the martin daubney show here on gb news. we're broadcasting live for you from the heart of westminster and all across the uk. on today's show, the pound has plummeted to its lowest level since 2018. bond markets are approaching liz truss levels of chaos. pay will stagnate for two decades and the obr has downgraded growth targets. plus, mortgages are set to soar as rachel reeves crashed the economy and the farming community has blasted labour's budget inheritance tax raid as a kick in the teeth and a closure of the coal mines. on today's show , i'll speak to the

show, i'll speak to the president of the national farmers union , who has called an farmers union, who has called an emergency meeting with labour's environment secretary on monday. can the government offer enough to call off a huge farmers protest that's planned for november the 19th.7 and the illegal immigrants who allegedly issued a chilling death threat to nigel farage has made it to britain in a dinghy. and i've got astonishing exclusive footage of how the afghan was escorted by the french navy by a warship and then taxied to britain by border force . and a britain by border force. and a 68 year old wolverhampton wonder gran, who's never stood in an election in her entire life, has dramatically won a council by—election for reform in wolverhampton. anita stanley will tell me how she won in a seat. that's always been labour and why she feels that her win is the beginning of a political earthquake. and j chan is a man

with a plan. look at him. he's downing pints in all of blighty's 650 constituencies to save the great british boozer. well, that's his excuse. and he's sticking with it. what an action that is. he'll join me today to neck the 39th frothing flagon with his patriotic pub call. that's all coming up on today's show . now, if that today's show. now, if that doesn't get you excited, you must be dead. look at that. for an action packed menu. and what an action packed menu. and what a man, j. chan is necking pints to save the great british boozen to save the great british boozer. i'll be joining him later in the show when he'll be downing a pint in one to help save the great british pub. lots of serious debate, too, on the great poppy debate. white poppies, poppies for palestine. do they have any place on remembrance sunday? get your views in and post your comments by going to gbnews.com/yoursay. but now it's your headlines and here's katie bowen .

here's katie bowen. >> martin, thank you very much. it's just gone. 3:00. these are your latest headlines . the your latest headlines. the fallout from rachel reeves budget continues as the government faces backlash over increasing inheritance tax for farmers. farmers across the uk are set to gather in london for are set to gather in london for a rally against the government's agricultural policies, which they say put the future of family farms at risk and threaten food security. the nfu is organising the rally, which will take place on the 19th of this month. fears have grown that labour's tax and spend budget will fail to boost growth , budget will fail to boost growth, with bonds, shares and the value of the pound all 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 a closure of the minds moment. here's what one farmer told gb news this morning . morning. >> we're doing this to produce

food that keeps you alive. 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. >> but the chancellor has defended her budget, saying the government has achieved fiscal stability , economic and fiscal stability, economic and fiscal stability, economic and fiscal stability are the number one priorities for this government, and that's what we achieved in the budget. >> on wednesday. a robust set of fiscal rules within a framework which gets debt down as our share of the economy. but crucially, within three years, something the previous government never achieved. we will not be borrowing at all for day to day spending. that's crucial for fiscal stability and combined with that, we've now set the spending envelope for the rest of this parliament. so we're not going to need to come back to find more money. we've made those settlements. we've agreed the framework for public

spending for the rest of this parliament to spain. >> now, where rescue teams are continuing to search for bodies after flash flooding swept through large areas of the country. the spanish government has now confirmed 205 deaths. crews are continuing to search for bodies and stranded cars and buildings following the flash floods, as authorities deal with the worst flooding in the country in decades. dozens of people are still missing. spain's prime minister announced the area will be declared a disaster zone . the teenager, who disaster zone. the teenager, who stabbed 15 year old hollie newton to death in northumberland, has been jailed for life with a minimum term of 17 years. 17 year old logan mcphail followed ex—girlfriend hollie through hexham town centre in january last year before attacking her. a 16 year old boy, who was with hollie at the time and tried to help her, was also stabbed, leaving him with several injuries which needed surgery. mcphail was found guilty of murder and wounding with intent in august. he initially couldn't be identified, but earlier this

month a judge changed that decision because he turns 18 on the 19th of december. gb news can confirm that an afghan migrant who appeared to threaten nigel farage over social media has been detained by uk authorities. matthew laza was detained by immigration officers in dover yesterday. a scotland yard spokesman has confirmed that detectives investigating threats to kill an mp are now liaising with colleagues from border force. the detention comes as gb news can reveal around 800 migrants on small boats have crossed illegally from france in just two days. the latest arrivals take the total to just a few hundred away from 31,000 for the year so far. that figure is already more than 1200, ahead of the number who crossed during the whole of last yeah crossed during the whole of last year. a man has been arrested following a burglary at england cricket captain ben stokes's home in county durham. police have said this afternoon. stokes said his wife and two children were at their house in castle

eden during the break in on the 17th of october, when his obe and other valuables were taken. durham constabulary said a 32 year old man from north yorkshire was arrested on suspicion of burglary overnight. he has since been bailed while enquiries continue . and just enquiries continue. and just briefly planned strikes by london underground workers in the rmt union have been suspended. it's been announced this afternoon. workers were due to take action on friday evening and on several days in the coming weeks. in a dispute over pay- coming weeks. in a dispute over pay. the rmt has said that it has received an improved pay offer. strikes by members of the drivers union aslef next week and later in the month are still scheduled to go ahead . those are scheduled to go ahead. those are the latest gb news headlines. now it's back to martin. >> thank you katie. now here's the question for you . has rachel the question for you. has rachel reeves crashed the economy because the pound has plummeted to its lowest level since 2018,

while bond markets are now approaching, liz truss levels of chaos. but the chancellor is still defending the biggest tax raiding budget in history. >> economic and fiscal stability are the number one priorities for this government, and that's what we achieved in the budget on wednesday, a robust set of fiscal rules within a framework which gets debt down as our share of the economy. but crucially , within three years, crucially, within three years, something the previous government never achieved. we will not be borrowing at for all day to day spending. that's crucial for fiscal stability. and combined with that, we've now set the spending envelope for the rest of this parliament. so we're not going to need to come back to find more money. we've made those settlements. we've made those settlements. we've agreed the framework for pubuc we've agreed the framework for public spending for the rest of this parliament. >> that's a big envelope. 40 billion quids inside it. and meanwhile, outraged farmers have warned that the government's brutal inheritance tax hike

could put britain at risk of food shortages . and they are so food shortages. and they are so fed up with the budget they're now even threatening to to take london for a rally against labour's new policies, which they say could end family farming in the uk. well, joining me now is our political editor, chris hope. chris, let's focus on this budget. the markets don't like it a jot. sterling at its lowest since 2018. bond markets rocketing up to