the chief secretary to the treasury darren jones told the chief secretary to the treasury darrenjones chief secretary to the treasury darren jones told the bbc that the economy is on the right track, but more needs to be done. i economy is on the right track, but more needs to be done.— economy is on the right track, but more needs to be done. i think the lan more needs to be done. i think the [an for more needs to be done. i think the plan for change _ more needs to be done. i think the plan for change is _ more needs to be done. i think the plan for change is working - more needs to be done. i think the plan for change is working on - more needs to be done. i think the plan for change is working on the l plan for change is working on the fact that inflation is coming down is a sign for that. it's good that inflation is broadly stable around the 2% target, it's good that it's starting to come down. there's no denying the fact that many people at home are still struggling with a cost of living and we know we have got more work to do to help them get more pounds in their pockets at the

talk us through what's been happening with darren jones and the labor government response. it be enough to assuage investors? >> it fell to jones to defend what was going on. he described the moves as orderly. the pound has been at its lowest in over a year. that plus the rise in long-term borrowing costs have drawn these comparisons to liz truss so orderly is not quite the language being used on the trading floor. you have citigroup jokes swirling that it is the great british peso. wells fargo saying there's room for the pound to drop even further. to be fair, sarah bredon at the bank of england also used the word orderly. that suggests to me the bank is hesitant to wade into this but economists say the bank of england will have no choice but to slow rate cuts even if growth is weak and you see that reflected in the market pricing so they are only pricing in two quarter-point cuts this year even though andrew bailey signaled a four would be coming >> so pairing those expectations around the bank of england and rate cuts even as growth stagnates in the u.k.. will we get a g

jones. >> reporter: we saw some of that earlier this month when darren nearly jumped over a defender. say about that play? >> it is so crazy. >> reporter: and he son track to be the next prep player. he's projected to be a lottery pick in 2026. maybe one day, he'll leap over these two for the title of best ever born in ohio. >> i don't want to be like that. not yet, one day, maybe. >> djokovic is giving carlos alcatraz hugs after he beat them in four sets at the australian open to advance to the semi finals. the match ended just before 1:00 a.m. local time. that's when novak went into dad mode. >> i'm sorry, i'm surprised my kids are still here. i mean i love you. thank you for supporting me, but it's 1:00 a.m. when are you going to sleep tonight. >> right with you, novak. i'm totally with you. and his age right now. but still, i remember, 99 times. it's not so much the night, but the next day they would get some. >> thanks, vern. >>> air travel could be rough for anyone. how a new room at bounced from one doctor to the next. did they even send my lab work...? wait, was i supposed to b

let's hope darren jones stays around for that. lots of stories in the pages of papers today about team trump, and whether they're going to be able to get on very well with keir starmer, but somebody who is in washington dc now is the shadow foreign secretary, priti patel, who joins us. lovely to see you this morning. shadow foreign secretary. thank you for getting up early for this media round. lovely to see you. i think we can agree that donald trump's role in all this has been instrumental, not least after he threatened that all hell would break out if the hostages weren't released, or at least news of a ceasefire by the time he has his inauguration on monday night. we've got quite a lot of reporting in the papers here about team trump wanting to exact revenge on starmer for meddling in the us election. question marks over whether lord mandelson will still be able to be the uk ambassador to the us. will it be blocked by trump.7 and then we have this morning sadiq khan warning about the march of fascism as trump takes power again

but also looking at trade, and i think that you saw there in the package, darren jones talking up theortance of peter mandelson being a former trade commissioner in the eu. and i think that trade is going to be the most immediate thing. i've just returned from canada and tariffs is the big thing with the potential election on the horizon. the other thing i think to think about, of course, is that the political element, the domestic political element of all of this, which is that the trump administration will want to encourage allies and other countries in this country, potentially reform uk, and what that means for our politics here as well. >> stella, what do you make of some of those things on the list? i mean, wanting us to produce oil and gas, we've been closing down oil and gas, wanting us to get rid of net zero targets, wanting us to be more robust about immigration and expelling migrants and coming down on wokery and reducing the size of government departments, something which british governments have never been good at. what do you think? >> the problem with donald trump is th

let's hope darren jones stays around for that. and i'll be talking to the former defence minister, tobias ellwood, who is also in washington, dc. he's going to be speaking about trump's inauguration along with tim hames, the author of a new book, trump two why he won. as we usher in this new world order. as ever, we've got 90 minutes of punchy politics to get through, so don't go anywhere. so don't worry, we're still going to have a look at the sunday papers, and there's a lot to get through because of course, we've got the latest on the ceasefire. and actually sunday papers are slightly out of date because of what's been developing here this morning. we're going to keep you posted with that. just to remind you, we've got the names of three hostages that are due to be released at 2 pm. our time. so thatis released at 2 pm. our time. so that is the british hostage, emily de—man, who's 28. also romy gonin, who is 24. she was at that nova music festival when she was kidnapped on october the 7th, and doran steinbrecher, who is 31 and

reports suggesting that trump may still reject that appointment, chief secretary to the treasury darren jonesthis is a positive step for improved relations with the us. >> peter mandelson is a senior and experienced politician that has worked on the world stage as well as, as we all know, extensively at home here in uk government and he will be a brilliant ambassador for us in the united states. and look, this is the first time in 50 years that a british prime minister has picked a politician to be our ambassador in the united states. we want to do things differently. our diplomats have done a brilliant job, including karen pierce. but peter mandelson is a senior and respected politician with a lot of experience on trade and trading relationships between countries around the world. and i think that sets the type of relationship that we want to have going forward with the new administration. >> and those are the headlines. i'll be back in 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 gbnews.com/alerts. >> welcome to free

writing in the telegraph, darren jones, the chief secretary to the treasury, said officials will workh the private sector to embrace their ideas, expertise and innovation to further our public services. as part of the drive to clamp down on unnecessary spending. rachel reeves has been criticised, though, as she visits china to boost relations with beijing, the tories accusing her of having fled to china rather than explain how she'll fix the uk's economy, shadow chancellor mel stride told gb news the chancellor's judgement has been poor. >> he should not be in china at the moment. talking to the chinese and the way she is saying that she's got this £120 million a year additional funding coming into the uk economy. given that the moves in the bond market recently partly, at least substantially, at least because of the decisions that she's taken, is costing us an estimated £12 billion a year. that's enough to fund 300,000 nurses, for example. so, no, i think her judgement has been very poor and very poor judgement around the budget, which is why we are in that in that situation. >> in o

. >> in other news, chief secretary to the treasury darren jones has insisted public spending will bene with what was set out in the budget. that's despite borrowing costs hitting a 27 year high. the pound has also fallen to its weakest since april, fuelling speculation the chancellor could either raise taxes again or cut spending to balance the books. and in a rare move, the treasury stepped in last night, calling market speculation pure guesswork and insisting uk debt remains among the lowest in the g7. it means all eyes now turn to the office for budget responsibility, whose forecasts could determine the government's next steps. former prime minister liz truss has taken legal action today against sir keir starmer, demanding that he stops claiming that she crashed the economy in a cease and desist letter seen by the telegraph. truss's lawyers argue the statement is false and defamatory, and suggests that it hurt her chances of re—election. the dispute focuses on the aftermath of truss's mini—budget in september 2022, which caused market turmoil, but her team say didn't lead to an ec

. >> meanwhile, the chief secretary to the treasury, darren jones, says he and the prime minister have complete faith in the chancellor. >> i have confidence, of course, in the chancellor, as does the prime minister. she returned from china this week doing trade deals for uk businesses and gave a statement to the house of commons yesterday. and we're getting on with the work that we were elected to do by bringing change to this country, starting with economic and political stability and yes, having to take the tough decisions in order to clear up the mess that we inherited from the conservative party. >> in other news, now south korean president yoon suk yeol has been arrested after attempting to impose martial law. he is the first ever incumbent south korean president to be arrested. more than 3000 police officers arrived to detain him, as yoon submitted himself to questioning in a bid to avoid any violence. however, he claims his arrest is illegal and is now refusing to talk, according to the investigation office. he is still technically the president, as a constitutional court has t

writing in the telegraph, darren jones, the chief secretary to the treasury, said officials will workh the private sector to embrace their ideas, expertise and innovation to further our public services. as part of the drive to clamp down on unnecessary spending. rachel reeves has been criticised, though, as she visits china to boost relations with beijing, the tories accusing her of having fled to china rather than explain how she'll fix the uk's economy. shadow chancellor mel stride told gb news miss reeves judgement has been very poor. >> she should not be in china at the moment. talking to the chinese and the way she is saying that she's got this £120 million a year additional funding coming into the uk economy, given that the moves in the bond market recently partly, at least substantially, at least because of the decisions that she's taken, is costing us an estimated £12 billion a year. that's enough to fund 300,000 nurses, for example. so, no, i think her judgement has been very poor and very poor judgement around the budget, which is why we are in that , in which is why we are

chief secretary to the treasury darren jones says this is a positive step for improved relationshipsween the us and the uk. >> peter mandelson is a senior and experienced politician that has worked on the world stage as well as, as we all know, extensively at home here in uk government and he will be a brilliant ambassador for us in the united states. and this is the united states. and this is the first time in 50 years that a british prime minister has picked a politician to be our ambassador in the united states. we want to do things differently. our diplomats have done a brilliant job, including karen pierce. but peter mandelson is a senior and respected politician with a lot of experience on trade and trading relationships between countries around the world. and i think that sets the type of relationship that we want to have going forward with the new administration. >> and finally, in royal news, a new photograph has been released in order to mark the 60th birthday of the duchess of edinburgh. sophie reaches the milestone birthday tomorrow and will celebrate the occasion private

. >> we'll also be speaking to chief secretary to the treasury darren jones at 645. >> relief in remission. the princess of wales shares an uplifting cancer update as she becomes the new patron of the hospital. she received her treatment in rhodes in crises, the cost of pothole damage hits a record high. >> so how does the prime minister want to solve the problem? >> i isn't something locked away behind the walls of blue chip companies. it can spot potholes quicker. >> another blow for farmers. will you propose sustainability goals? to see them lose their land and livelihood? >> is it time to ban alcohol on planes? while ryanair has called for a limit of two drinks at the airport in a bid to kerb badly behaved passengers. >> and in the sport, some great games in the premier league last night. late goals and some surprising results as well. high flying forest get a draw with high flying liverpool. man city throw away a two goal lead at brentford and in his first premier league game as west ham manager, graham potter gets his first win. >> hello. good morning. it's going to be quite a murky