well, i think i will be - sticking with rachel reeves 's plan sticking with rachel reeves �*s plan asney to spend. if interest rates go up, that's going to be a problem for people who are buying their homes, and it's also going to be a problem for the economy as a whole. you mentioned that i work at the moment in the west of england. we havejust seen the moment in the west of england. we have just seen £11 million wiped off the amount of investment that we can put into anything at all in the west of england because of inflation. you know, it is literally burning up money that could have been spent on transport systems, on retrofitting homes, or investing into our businesses. we are losing huge sums of money every time inflation goes up.— inflation goes up. we'll have to leave it there, _ inflation goes up. we'll have to leave it there, thank _ inflation goes up. we'll have to leave it there, thank you - inflation goes up. we'll have to leave it there, thank you for i leave it there, thank you for joining us. leave it there, thank you for joining us— let's bring you some breaking news

we will hear more from rachel reeves later.— rachel reeves later.eeves later. there are, and i think labour is trying to use - rachel reeves later. there are, and i think labour is trying to use this i i think labour is trying to use this as a way of bringing more clarity to its position, and in particular what we will hear from rachel reeves in a short time is how they want to contrast the vision they say they have, which is of a investment for growth kind of plan or policy which would see money being put into green investment, energy investments, a wealth fund they want to create and they want to distinguish that from they want to distinguish that from the government approach which they say is characterised as cutting taxes, borrowing money to do that, loading up debt and aiming for growth that way. so what rachel reeves will talk about is that energy investment, green led growth, but she will also talk about funding for the nhs and she will address all of those current economic issues, theissues of those current economic issues, the issues around

rachel reeves has been _ and you can see that. competence, and now theyjust seem to point to some _ and now theyjust seem to point to some of— and now theyjust seem to point to some of the reaction on the markets to what— some of the reaction on the markets to what the — some of the reaction on the markets to what the tories are proposing, and it— to what the tories are proposing, and it helps make their case, but they need — and it helps make their case, but they need to be careful that isn't all about— they need to be careful that isn't all about why you shouldn't vote conservative, because you never know what is _ conservative, because you never know what is going to happen in the next year or— what is going to happen in the next year or so— what is going to happen in the next year or so and they need to have their— year or so and they need to have their own — year or so and they need to have their own message, and that is one of the _ their own message, and that is one of the things that we need to see today _ of the things th

well, rachel reeves was not are very clear. well, rachel reeves was rrot very _ are very clear.y clear. well, rachel reeves was not very clear on _ are very clear. well, rachel reeves was not very clear on the _ are very clear. well, rachel reeves was not very clear on the radio - are very clear. well, rachel reeves was not very clear on the radio this | was not very clear on the radio this morning. was not very clear on the radio this morninu. ~ ., .., was not very clear on the radio this morninu. ~ ., ., morning. what we can say at the top is we would — morning. what we can say at the top is we would use _ morning. what we can say at the top is we would use that _ morning. what we can say at the top is we would use that money - morning. what we can say at the top is we would use that money to - is we would use that money to directly tackle one of the principal problems we face in this country with, which is a very large number of people who are not able to work in the economy, because a lot of people those people cannot work because of waiting times for mental health support,

they really respect rachel reeves.nk— terms of the suits? i think completely _ terms of the suits? i think completely and _ terms of the suits? i think completely and you - terms of the suits? i think completely and you walk. terms of the suits? i think- completely and you walk around the exhibition _ completely and you walk around the exhibition hall and it is full, it has more _ exhibition hall and it is full, it has more stores and businesses here. i has more stores and businesses here. i was _ has more stores and businesses here. i was speaking to some people and saying. _ i was speaking to some people and saying, actually, we are sending 'ust saying, actually, we are sending just as _ saying, actually, we are sending just as many people to labour as tory _ just as many people to labour as tory and — just as many people to labour as tory and i— just as many people to labour as tory. and i think that does suggest people _ tory. and i think that does suggest people are — tory. and i think that does suggest people are

. —— rachel reeves. so it's very— only choice. —— rachel reeves.ntry _ a lot of reaction online at across the country and a lot of people that are feeling — the country and a lot of people that are feeling not great about this. natasha, — are feeling not great about this. natasha, just looking at that guardian story, james mentioned what labour mps have been saying. the guardian said tory mps were some left aghast. if there is a level of concern, among some conservative mps of. mn among some conservative mps of. i'm sure there among some conservative mp5 of. my sure there is, but quite a lot were very happy. some of them were saying it's great they finally have a conservative government back in charge. it goes to show the depth of feeling. looking back at that, a budget for the rich, this is not the measures which we are going to make the wealthy are even more wealthy. the government's will bargain is if you grow this economy, you grow the pie for everybody. that means that will help people get richer. it means we have more money to spend on public

i called the shadow- chancellor of the exchequer rachel reeves _ chancellor of the exchequer rachel reevesrd of the last 12 _ gentleman. can i thank to demolition of the record of the last 12 years. i of the record of the last 12 years. their— of the record of the last 12 years. their record. _ of the record of the last 12 years. their record, their— of the record of the last 12 years. their record, their failure, - of the record of the last 12 years. their record, their failure, they. their record, theirfailure, they are vicious circle of stagnation. the

. _ the shadow chancellor, rachel reeves, says she is worried that the fall in the pound could increasee on the bank of england to raise interest rates. the message from financial markets was clear on friday, and this morning, that message is even more stark. sterling did recover some of its value but the fall has sparked fears of higher inflation and interest rates. also this lunchtime... a school shooting in russia has left at least 13 people dead, seven of them children. a moment of history in italy. georgia meloni looks set to become the country's first far—right leader since the second world war and italy's first female prime minister. a people smuggler tells the bbc the government's policy of sending asylum seekers to rwanda is not deterring migrants. and nasa prepare to crash a space probe into an asteroid to find out how hard it would be save the planet. to save the planet. coming up on the bbc news channel... as england face into their final match ahead of the world cup, manager gareth southgate admits he faces losing his job if results don't go his way in qatar. good afternoon

it will be interesting to see if this guardian study, it has quotes from rachel reeves, as you say, talkinge 45p tax rate to help the nhs and education, it is pretty really, the quota rachel reeves has given there, and i think what we need to see in the run—up to a general election, if labour wants to prove it is electable, is more fleshly bone about exactly what it is going to do, and as you rightly pointed out, whether that is affordable with the money that would come from just reinstating that top rate and leaving the cut to —— de cuts down to the 19 p. rate and leaving the cut to -- de cuts down to the 19 p.— rate and leaving the cut to -- de cuts down to the 19 p. lord darroch, the exoress — cuts down to the 19 p. lord darroch, the express seems _ cuts down to the 19 p. lord darroch, the express seems to _ cuts down to the 19 p. lord darroch, the express seems to be _ cuts down to the 19 p. lord darroch, the express seems to be throwing . the express seems to be throwing its weight behind liz truss' plan to build a world beating economy, but what we are seeing the fallout as the market

rachel reeves claims she'd be the first green chancellor, as she put it, putting money into the cleanuch detail, a minimum wage that reflects the cost of living. and there was a reference, too, to the biggest political row of recent years. if you're remotely serious about growth, then you've got to make brexit work. so we will fix the holes in the government's patchwork brexit deal. labour says it is outraged by the conservatives' budget last week but is not rejecting all of it. they back the cut in the basic rate of income tax, but they don't like the tax cut for the very highest earners. and if they were in government... the 45p top rate of income tax is coming back. they'd spend the money it brought in on the health service, to train more staff. we will implement the biggest expansion of medical school places in british history, doubling the number of medical students, so our nhs has the doctors that it needs. and so to her concluding thoughts. and look at the optimism here. it's time for a government that is on your side. that government is a labour government. and be in no doubt,

and by coincidence, we had a keynote speech today by quasi plotting opposite number. rachel reeves, she'd really laid into the chancellor's policy. that's here, a clip from that sterling is down. that means higher prices, as the costs of imports rise, the cost of government borrowing is up. that means more taxpayers, money will go into paying the interest on, on government debt and didn't turn. that means the cost of boring for working people will now go up to now the reality that rachel rate, rachel reeves laid out there was that as she described, the chancellor and the new prime minister let's trust. we've been in pilot less than a month early 4th of september. did mistrust become prime minister. she's describes them as 2 gamblers, gambling and a casino, but with their own money, with the u. k. tax payers, money. and she said this was a national emergency, and that the government was frantically sorry, frankly, fanning the flames of that national emergency by pursuing the policies that they off. i'd say that the band has recovered to a large degree from those early morning glosses last

the shadow chancellor rachel reeves has been setting out labour's economic vision and pledged that a and use the funds to employ more staff in the national health service. our political editor chris mason reports from liverpool. first thing this morning, and conditions on the mersey are nearly as choppy as the markets. turbulence on the water and in the air, as labour's candidate to be chancellor prepares to set out her party's approach to the economy... ..and her critique of the government's. the chancellor and prime minister resemble two desperate gamblers in a casino chasing a losing run. but here's the thing. they are not gambling with their money. they are gambling with your money. they have lost credibility, they are losing confidence, they are out of control. and so labour see an opportunity. it's becoming clearer by the day, labour is the party of economic responsibility and the party of social justice. rachel reeves claims she'd be the first green chancellor, as she put it, putting money into the clean energy industries of tomorrow. she promised, albeit without much detail,

rachel reeves claimed she would be the first green chancellor, as she put it, putting money into theof tomorrow. she promised, albeit without much detail, a minimum wage that reflects the cost of living. and there was also a reference to the biggest political row of recent years. if you are remotely serious about growth, then you've got to make brexit work. so we will fix the holes in the government's patchwork brexit deal. labour says it is outraged by the conservatives budget last week but is not rejecting all of it, they back the cut in the basic rate of income tax. but they don't like the tax cut for the very highest earners. and if they were in government... the 45p top rate of income tax is coming back. they would spend the money it brought in on the health service, to train more staff. we will implement the biggest expansion of medical school places in british history. doubling the number of medical students so our nhs has the doctor that it needs. and so to her concluding thoughts. and look at the optimism here. it's time for a government that is on your side. that government

meanwhile at the labour party conference in liverpool, the shadow chancellor rachel reeves set out labour's alternative economic vision and criticised the fallout from friday's mini the fallout from friday's mini budget. under these tories, those with the broadest carry the lightest load. and not by accident, but by choice. this a representative from the owners of instagram say that posts viewed were safe. tiktok could be fined £27 million for failing to safeguard the privacy of children. the information commissioner found the platform may have processed data of under 13s without parental consent. and after a 7 million milejourney, nasa are preparing to crash a probe in to an asteroid to see how difficult it is to knock a space rock off course. good afternoon. the bank of england says its monetary policy committee "will not hesitate to change interest rates as necessary" after the the pound fell overnight to its lowest level against the dollar ever. analysts against the dollar ever. have said that they may intervene analysts have said that they may intervene sooner than was scheduled interv

rachel reeves called it casino economics — well.ther mps said this is the start of— economics and other mps said this is the start of a class war. this is a huge _ the start of a class war. this is a huge risk— the start of a class war. this is a huge risk for— the start of a class war. this is a huge risk for liz truss at the start of her— huge risk for liz truss at the start of her time — huge risk for liz truss at the start of her time as prime minister, and you dont— of her time as prime minister, and you don't often see this for somebody coming straight into the 'ob, somebody coming straight into the job, but— somebody coming straight into the job, but some traditional conservatives feel like this is the most _ conservatives feel like this is the most tory— conservatives feel like this is the most tory like economic plan they've seen for— most tory like economic plan they've seen for a _ most tory like economic plan they've seen for a while. lots of different schools _ seen fora while. lots of different schools of— seen for a w

i called the shadow- chancellor of the exchequer rachel reeves _ chancellor of the exchequer rachel reeves of the exchequer rachel reeves. thank you, _ chancellor of the exchequer rachel reeves. thank you, i— chancellor of the exchequer rachel reeves. thank you, i would - chancellor of the exchequer rachel reeves. thank you, i would like i chancellor of the exchequer rachel reeves. thank you, i would like to| reeves. thank you, i would like to welcome _ reeves. thank you, i would like to welcome the — reeves. thank you, i would like to welcome the right _ reeves. thank you, i would like to welcome the right honourable - welcome the right honourable gentleman _ welcome the right honourable gentleman. can— welcome the right honourable gentleman. can i— welcome the right honourable gentleman. can i thank- welcome the right honourable gentleman. can i thank to - welcome the right honourable - gentleman. can i thank to demolition of the _ gentleman. can i thank to demolition of the record — gentleman. can i thank to demolition of the record of— gentleman. can i thank to demolition of the record

have a listen to rachel reeves. when sterling _ have a listen to rachel reeves.o be devoted _ government spending will have to be devoted to servicing government debt rather— devoted to servicing government debt rather than _ devoted to servicing government debt rather than investing in our schools and hospitals. so the chancellor's package _ and hospitals. so the chancellor's package on friday has caused this setting _ package on friday has caused this setting of— package on friday has caused this selling of sterling and as a result it will— selling of sterling and as a result it will mean higher inflation and it will mean — it will mean higher inflation and it will mean higher borrowing costs not 'ust will mean higher borrowing costs not just the _ will mean higher borrowing costs not just the government but for ordinary families— just the government but for ordinary families through their mortgage rates _ families through their mortgage rates. so— families through their mortgage rates, ., �* , families through their mortgage rates. . �*, ,, ., ., rates. so tha

rachel reeves! labour pointed out the tories — rachel reeves!s have been in government since 2010 — the tories have been in government since 2010. , , ., the tories have been in government since 2010-— since 2010. this statement is an admission _ since 2010. this statement is an admission of— since 2010. this statement is an admission of 12 _ since 2010. this statement is an admission of 12 years _ since 2010. this statement is an admission of 12 years of- since 2010. this statement is an l admission of 12 years of economic failure, and now here we are. admission of 12 years of economic failure, and now here we are, one last throw — failure, and now here we are, one last throw of _ failure, and now here we are, one last throw of the _ failure, and now here we are, one last throw of the dice, _ failure, and now here we are, one last throw of the dice, one - failure, and now here we are, one last throw of the dice, one last. last throw of the dice, one last claim that these ministers will be different. forall the claim that these ministers will be

rachel reeves! labour pointed out the tories have been in government since 2010. 12 years of economic failure, and now here we are, one last throw of the dice, one last claim that these ministers will be different. for all the chopping and changing, all the chaos and confusion, there has been one person there throughout — the prime minister. a new era, but they have been in government for 12 years, it stretches credibility beyond breaking point, saying that tax cuts for the rich, whopping bonuses for bankers and low corporation tax for companies will somehow re—float, magically, britain's sinking economy. this budget amounts to an environment wrecker's charter and is a statement of missed opportunities. a report just this week shows that a major programme of insulating homes in britain and installing heat pumps could benefit the economy by £7 billion a year, create 140,000 jobs by 2030, get fuel bills down and climate emissions down too. some financial statements that come out of the treasury can feel inconsequential, easily forgotten. this is not one of them. thi

sisters rachel reeves , speaking at a conference of the opposition leyball party, called the currention an emergency energy prices are rising food prices are rising people's salaries are not keeping up with them on friday the chancellor had the opportunity to seriously respond to this problem, and he failed opposition accuses the ruling conservatives of acting in the interests of the wealthy, who will save big by reducing tax time, the trails government has abandoned the idea of ​​taxing success. energy companies profit and lifted the ceiling on bonuses for bankers, social media users are exercising their wit about the actions of the current cabinet. there were jokes or something, the rhinestone is acting on instructions from moscow now that we have elected you as prime minister you are giving away billions of pounds to the rich and collapsed the pound. yes, comrade of the track. fear not, brits. soon, it will all be over like that. the current collapse of the pound occurred in tanya in the mid- eighties, when the country was ruled by margaret thatcher margaret thatcher, as far as is

the shadow chancellor rachel reeves said they would have to be paid for by increased borrowing.ck a top rate of 45% income tax for the highest earners. under the tories those with broader shoulders carry the lightest load. and not by accident but by choice. still to come a bit later in the programme — the latest on the damage caused by typhoon noru in the philippines — and the preparations being taken in vietnam, where the typhoon is heading next. but first. returning to the war in ukraine — and in newsday, we're going to focus on the eastern region, known as the donbas, which borders russia. president putin has said he wants to take full control of the area — ukrainian forces are trying to recapture territory which they have lost. our senior international correspondent orla guerin and camera journalist goktay koraltan have been to the front line at the city of bakhmut. i should warn you her report contains some distressing images. shelling. inside a city under relentless attack. this is bakhmut. pounded by russian air strikes, and shelling. ukrainian forces still hold the city

opposition labor party is here in liverpool at its annual conference across crossings. opposite number rachel reeves port scorn on the government's policy of trickle down economics sick quasi clots, and was fanning the flames of a national emergency. it gives me great pleasure to introduce our shadow. chancellor. sterling is down at means higher prices as the costs of imports rise, the cost of government borrowing is up. that means more taxpayers, money will go into paying the interest on, on government debt. and in turn, that means the cost of boring for working people will now go up to with higher mortgage repayments, the families, the government plan to kickstart growth by cutting taxes appears to run entirely counter to the bank of england's efforts to control inflation. amid intense speculation, the bank may call an emergency meeting to raise interest rates. the bank issued a statement saying that the regular scheduled meeting would be sufficient. it did those say it wouldn't hesitate to raise interest rates if required. i think until that fundamental ahead lot. so to speak, between what the fi

rachel reeves! labour pointed out the tories have been in government since 2010.of economic failure, and now here we are, one last throw of the dice, one last claim that these ministers will be different. for all the chopping and changing, all the chaos and confusion, there has been one person there throughout — the prime minister. a new era, but they've been in government for 12 years. it stretches credibility beyond breaking point, saying that tax cuts for the rich, whopping bonuses for bankers and low corporation tax for companies will somehow re—float, magically, britain's sinking economy. they live the bankers' bonuses, they— they live the bankers' bonuses, they are — they live the bankers' bonuses, they are looking _ they live the bankers' bonuses, they are looking at _ they are looking at billionaires - they are looking at billionaires for- they are looking at - billionaires for example they are looking at _ billionaires for example being handed — billionaires for example being handed the _ billionaires for example being handed the best _ billionaires for e

labor posse has criticized the government's budget package, labor m p, and shudder chancellor. rachel reeves says the british taxpayer will pay the price . sterling is down, that means high prices, as the costs of imports rise, the cost of government borrowing is up. that means more taxpayers, money will go into paying the interest on our government debt. and in turn, that means the cost of boring for working people will now go up to columbia, and venezuela will reopen their borders for trade. they were closed for nearly 7 years after venezuela accused a colombian militia of attacking its soldiers. now the countries are hoping to normalize relations al jazeera, alexander, i'm perry report start from columbia's capital boggart off venezuela's main consulate in columbia. capital bull guitar lies in ruins. an accidental fire in april. burn much of it. its walls covered anger, 50 and overgrown weeds. it's a tangible symbol of a relationship gone sour since 2019. i'll dig that order. when columbus former president divan lucas refused to recognise nicholas my daughter as the president of venezuela

we are expecting the shadow chancellor, rachel reeves, who i will be speaking to at noon to set out herto grow the economy by investing in dream. tom: whatever the market reaction, it is a clear signal for voters. lizzy burden joining us from the labour party conference, how they are reacting to this readjusting. let's focus on the u.k. economy, gdp growing less than expected in july, and ration near -- inflation near 10%. the yield curve coming off a little bit but 44 basis points higher across the two-year, 4.40. the newspaper front pages have been splashed with little else. the papers saying, "you ain't seen nothing yet," let's dive deeper with bloomberg's chief european economist. >> i think the big picture is tax cuts. they are big and they are not funded by anything. they have not announced anything on the spending side to balance the books. what they have doubled down on is the belief that tax cuts will raise growth and pay for themselves. this narrative does not wash with markets. a lot of what was in the budget was already known, in the sense that it would have been trailed. it

believe it or the opposition party wasted no time giving it spurred it labors shadow chancellor. rachel reeves accused the government of gambling and said the british taxpayer will pay the price. sterling is down. that means higher prices at the costs of imports rise. the cost of government borrowing is up. that means more tax payers, money will go into paying the interest on our government debt. and in turn, that means the cost of boring for working people will now go up to. so how will a falling pound affect people? all the u. k. imports more than half of its food, so the cost of everything from apples to coffee will go up. the rise will be especially notable in goods traded in u. s. dollars like orland gas lower income fallon. families will be the hardest hit with their earnings having to stretch even further with winter approaching. heating costs are another concern. brings money also won't go as far as if they travel to the u. s. or 2 countries using the dollar for, for tourists. the drop in the pound means it will be cheaper to visit the u. k. ah, the july jesus is getting worse and wors

b shadow chancellor. rachel reeves got up and late in 2 quasi caught saying, saying that this was essentially a menu without a price. it was a last ditch roll the dice by a government that she blamed for the so low levels of economic growth that we've seen over the last 12 years. so a major political debate already underway. overall this and a big economic question mark, hang over it. yeah, a lot of the critics have been suggesting that essentially this is just something that is going to benefit to the rich and, and corporations. it is a big change, isn't it from the way that the economy has been run, certainly over the last few years. yes it is, i mean a lot of friends, one of the, one of the criticisms that the shadow chancellor made was that that he was only reducing a national shorts back to what it was in march and not increasing corporation tax from what it, what it is now, so she questioned some of the radical nature of this, but on a lot about the france, it is a big shift in emphasis towards the sort of small estate free market ideology that both the chancellor and the prime minister

rachel reeves! labour pointed out the tories have been in government since 2010. 12 years of economic failure, and now here we are, one last throw of the dice, one last claim that these ministers will be different. for all the chopping and changing, all the chaos and confusion, there has been one person there throughout — the prime minister. a new era, but they have been in government for 12 years, it stretches credibility beyond breaking point, saying that tax cuts for the rich, whopping bonuses for bankers and low corporation tax for companies will somehow re—float, magically, britain's sinking economy. will the chancellor explain how my constituents of their taxes to the uk's constituents of their taxes to the uk's most — constituents of their taxes to the uk's most profitable companies and the wealthiest individuals will help them _ the wealthiest individuals will help them to— the wealthiest individuals will help them to get a gp appointment when they needed, give their children a better— they needed, give their children a better education and make their stre

rachel reeves emphasizing her record in the form of boe economists, emphasizing she understands why marketsr, including the cost of borrowing with the government. jonathan reynolds trying to make his pitch to business, why business would be supported under a labor government. it is a difficult pitch for him to make, the tories are dangling this big corporation tax cut. the labour party has got to separate itself from its reputation under jeremy corbyn, in terms of the relationship with business. this is the message they are trying to make, they are going to have to convince people to buy into their idea of a fairer economy. alix: what's move the camera lens out of this. do we expect an interest rate hike from the doe, and what could be the impact of something like that? >> market pricing suggests we can expect that. sky news reported earlier, we can expect to hear from the bank of england in a statement later, that has not been confirmed. the options at the bank of england's disposal, they could have emergency rate hikes. or, they could come out with hawkish talk. we are already expecting a

jonathan: rachel reeves, the u.k.ing about balancing the books, which is what the conservative party is about, the labour party. tom: that was brilliant. can i ask a dumb question? the people of the conservative party support truss? jonathan: that is one of the questions of the moment, do they support how the month of action has gone? tom: i am afraid to look away from the bloomberg terminal, futures -31, vix up 2.45 points. a good ask use to speak to the chief fx strategist at society general. can you commit a trade on sterling? can you advise stop gin clients of a tradable effort in pound sterling? >> i do not think near-term you can sell it on a monday afternoon after a big washout. if you buy, you have to have deep enough pockets. we have extraordinary levels of productivity, both in terms of what the market is trading and what is coming. i think we will get a lot of volatility both ways in the course of the coming days and possibly weeks. until people start to be more confident about what is happening in the econ

debate on the conference floor, and tomorrow we will hear more plans from the shadow chancellor rachel reeveswarteng at the end of last week thatitis kwarteng at the end of last week that it is well placed to distinguish itself from the government and put forward an offer to voters. find government and put forward an offer to voters. . . ., ., ., ., government and put forward an offer to voters. . i ., ., ., ., ., to voters. and jonathan, thanks for that. to iran now. there have been more clashes between anti—government protestors and the police in dozens of cities in iran. more than a0 people are reported to have been killed. the protests were triggered by the death in custody of a young woman who'd been detained for breaching rules on dress code. behrang tajdeen reports. anti—government demonstrators chant "woman, life, freedom" in tehran. protests like this have been held in towns and cities across the country, sparked by the death of the 22—year—old mahsa amini in morality police custody in northern iran. the students tore off pictures of supreme leader ayatollah ali khamenei and his prede

rachel reeves! labour pointed out the tories have been in government since 2010.ailure, and now here we are, one last throw of the dice, one last claim that these ministers will be different. for all the chopping and changing, all the chaos and confusion, there has been one person there throughout — the prime minister. a new era, but they have been in government for 12 years, it stretches credibility beyond breaking point, saying that tax cuts for the rich, whopping bonuses for bankers and low corporation tax for companies will somehow re—float, magically, britain's sinking economy. will the chancellor explained to my constituents how handing 45 billion of their taxes to the uk's most profitable companies in the wealthiest individuals will help them to get a gp appointment when they need it, give their children a better education and make their streets safer? the better education and make their streets safer?— better education and make their streets safer? the prime minister and chancellor _ streets safer? the prime minister and chancellor visited _ streets safer?

labor party is here in liverpool at its annual conference across the crossings. opposite number rachel reeves, port school, one on the government's policy of trickle down economics. sec kwasic law tank was fanning the flames of a national emergency. it gives me great pleasure to introduce our shadow. chancellor. sterling is down. that means high prices. as the costs of imports rise, the cost of government borrowing is up. that means more taxpayers, money will go into paying the interest on on government debts. and in turn, that means the cost of boring for working people will now go up to with higher mortgage repayments, the families, the government plan to kickstart growth by cutting taxes appears to run entirely counter to the bank of england's efforts to control inflation. amid intense speculation, the bank may call an emergency meeting to raise interest rates. the bank issued a statement saying that the regular scheduled meeting would be sufficient. it did those say it wouldn't hesitate to raise interest rates if required. think until that fundamental ahead lot. so to speak between what t

we've had a speech from rachel reeves, who is the shadow chancellor, quasi quite things counterpart. and she was scathing about the way of the government's policy, essentially has sent the markets into this tail spend. let's have a listen. sterling is down. that means higher prices, as the cost of imports rise, the cost of government borrowing is up. that means more taxpayers, money, will go into paying the interest on our government debt. and in turn, that means the cost of boring, but working people will now go up to now essentially, the markets are spooked investors and analysts are unhappy that the prospect of a central bank, the bank of england at wanting to raise interest rates in order to try to control inflation at the same time as the government is essentially opening the purse strings and putting money into people's pockets through these $45000000000.00 pounds worth of tax charts. and those tax cuts coming on top of energy support schemes are the total of which $45000000000.00 plus the energy support scheme predicted to cost somewhere in the region of a $100000000000.00 pou

the shadow chancellor rachel reeves has been speaking at the party's conference in liverpool — here'sday, the chancellor had an opportunity to set out a serious response to the cost of living crisis and he failed. why should my constituents in leeds west, why should people in merseyside pay for tax cuts for those who were already the wealthiest? it's not what anyone voted for, it is putting our economy in danger. and, conference, labourwill fight it every step of the way. 0ur uk political correspondent rob watson is in liverpool. what has labour been saying about the problems with the pound and a way that the markets have been rattled so far?— way that the markets have been rattled so far? ~ . ., ., , , rattled so far? what labour has been sa in: is rattled so far? what labour has been saying is that — rattled so far? what labour has been saying is that they _ rattled so far? what labour has been saying is that they wouldn't - rattled so far? what labour has been saying is that they wouldn't be - rattled so far? what labour has been saying is that they wouldn't be in - saying is that

let's now no comments from the shadow chancellor words professional financiers found rachel reeves speakingn or boris party called the current situation an emergency energy prices are rising food prices are rising people's salaries are not keeping up with them on friday the chancellor had the opportunity to seriously respond on this issue, and he failed the opposition accuses the ruling conservatives of acting in the interests of the wealthy stratum, which will save big thanks to the reduction of the brandy tax the government runs. having abandoned the idea of ​​taxing energy companies on excess profits and abolished the ceiling on bonuses for bankers, social media users are exercising wit about the actions of the current cabinet. there were jokes, or something, the rhinestone is acting on the instructions of moscow now that we have elected you prime minister, you distribute billions of pounds to the rich and brought down the pound, but don't be afraid of the fine, the british. soon everything will be over like this. the collapse of the pound occurred in britain in the mid- eighties, when t

rachel reeves set out fiscal rules that made a distinction between capital investment, investment inuse i do think, and the irony for me in discussions like this, and this is something i think the left finds hard to hear sometimes, we are judged by the same people, the electorate, on completely different terms to the conservatives. we could announce identical policies and we could both say they are funded by borrowing. if a conservative says it is funded by borrowing they will go, it's all right, it's the tories. if labour reaches for that answer then people don't buy it so we are thinking carefully about making sure we address voters' concerns while also reassuring we can deliver. we are not going to create hostages to fortune. i think rachel reeves has been very clear about attacking the high tax economy we have which is driven by low growth. ourfocus high tax economy we have which is driven by low growth. our focus on getting growth back into the economy, and i must make this point, if the economy under this government had grown at the same rate as under the last labour government

rachel reeves! labour pointed out the tories have been in government since 2010.ssion of 12 years of economic failure, and now here we are, one last throw of the dice, one last claim that these ministers will be different. for all the chopping and changing, all the chaos and confusion, there has been one person there throughout — the prime minister. a new era, but they've been in government for 12 years. it stretches credibility beyond breaking point, saying that tax cuts for the rich, whopping bonuses for bankers and low corporation tax for companies will somehow re—float, magically, britain's sinking economy. so will the chancellor explain to my constituents how handing £115 billion of their taxes to the uk's most profitable companies and the wealthiest individuals will help them to get a gp appointment when they need it, give their children a better education and make their streets safer? the prime minister and chancellor visited a house builder this afternoon in ebbsfleet, a town that may become one of the government's new investment zones for targeted help. i

they have been very quick to lady blame firmly at government�*s door of the shadow chancellor rachel reevesflames of the volatility of the market, given he suggested further tax cuts could be coming without much or any detail, really, and they have said the government has lost control of the economy, has lost credibility as well and lost confidence, and labour is now trying to position itself as this debate rages for the best action in the economy as the party of sound money and cut ability, but it is giving the big picture, not necessarily giving the detail, of what exactly it would do differently, specifically in terms of tax. , ., . . differently, specifically in terms of tax. , ., ., ., ., ~ differently, specifically in terms oftax. . ., ., ., of tax. jonathan, thank you for that. of tax. jonathan, thank you for that- also _ of tax. jonathan, thank you for that- also i _ of tax. jonathan, thank you for that. also i suggested - of tax. jonathan, thank you for that. also i suggested earlier i of tax. jonathan, thank you for | that. also i suggested earlier in the day —— also a suggestion

i think as rachel reeves set out yesterday in his speech as shadow chancellor, i think providing people have seen in recent days is not due to external factors, it is not due to external factors, it is not _ is not due to external factors, it is not due — is not due to external factors, it is not due to external factors, it is not due to foreign wars, it is due _ is not due to foreign wars, it is due to — is not due to foreign wars, it is due to the _ is not due to foreign wars, it is due to the lives of all governments harder, _ due to the lives of all governments harder, but— due to the lives of all governments harder, but so much of what we have seen _ harder, but so much of what we have seen in _ harder, but so much of what we have seen in recent days is not due to external— seen in recent days is not due to external factors, seen in recent days is not due to externalfactors, it seen in recent days is not due to external factors, it is not due to foreign — external factors, it is not due to foreign wars, it is due to decisions made _ foreign wars, it is due to decisions made at _ fo

rachel mccormick for u.s. congress. mark gonzalez for u.s. congress from the seventh district. house candidates dylan morey, matt reeves, johnny kryst, miranda ready, ray martinez, and scott hilton. we got a state senate candidate, and that is sean still. let's give it up for sean still. there are folks i need to recognize. those people, are the backbone for the event. there were the ones that worked tirelessly, to make this an event all republican events possible. these are guys behind the scenes. they are the guys who make things happen. i want to recognize a couple today. i want to recognize contee brunt , come and say hello. i want to recognize suneal from the indian community. you're not here to hear me. you are here to hear from nikki haley. [applause] it is my honor, my privilege, to bring to you our very own indian american at rockstar. please get up for the amazing nikki haley. [applause] ♪ nikki: it it is great to be back in georgia. thank you for coming out for herschel walker. >> interesting times we are campaigning all over the country. we want pennsylvania and we're here for herschel and we will provide f