it was george osborne a few years ago who struck— was george osborne a few years ago who struck uponhol duties and lowering them just a _ alcohol duties and lowering them just a tiny— alcohol duties and lowering them just a tiny bit to give a completely disproportionate loan of coverage to what everybody likes to talk about, your favourite temple, whether it be spirits, _ your favourite temple, whether it be spirits, wines and beer. he said if you cut _ spirits, wines and beer. he said if you cut it— spirits, wines and beer. he said if you cut it by— spirits, wines and beer. he said if you cut it byjust one pee, you'll -et you cut it byjust one pee, you'll get huge — you cut it byjust one pee, you'll get huge amounts of coverage. —— 1p. interestingly— get huge amounts of coverage. —— 1p. interestingly we spoke about four beers. _ interestingly we spoke about four beers, this is more johnsonian than nigel— beers, this is more johnsonian than nigel lawson in rishi sunak bursting out of— nigel lawson in rishi sunak bursting out of this_ nigel lawson in rishi sunak bursting out of thisjo

and this distance itself from the 2010 to an 2016 torrie government under george osborne and distance itself from that kind of policies that were attach. right? we've really difficult to separate yourself from the david cameron government, which is reduced expenditure to, i mean, the costs were more than more than napoleonic wars. well, the point is that, i mean, i think it's ridiculous that they are pretending that there are different, there are different political party, but i've seen political parties change their, their colors in the past. and this is what they're trying to do well with us before labor, privatization time. again, i know you advised those governments at of the you to advise mass privatization just to help our viewers here in britain, because they'll see the officer budget responsibility. what is, what is that because it's treated with such respect, my journalist and i think you tweet it out as well. danny blanch flora, a friend of the show was on the amount you policy committee said the officer budget responsibility is repeatedly got to say, group productivity grow

george osborne invented this tactic, as tom was talking _ osborne invented this tactic, as tom was talkingll amounts _ attention for really very small amounts of spending. the danger of them _ amounts of spending. the danger of them bringing sparkling wine into is you do— them bringing sparkling wine into is you do open yourself to this dashed up you do open yourself to this dashed up to— you do open yourself to this dashed up to this _ you do open yourself to this dashed up to this more complex medical attack~ _ up to this more complex medical attack. and as we've been talking about, _ attack. and as we've been talking about, wages will still be stagnant for 20 _ about, wages will still be stagnant for 20 years, lots of the cost of living is — for 20 years, lots of the cost of living is continuing to go up, we still have — living is continuing to go up, we still have run away house price inflation — still have run away house price inflation which is pushing up the cost of— inflation which is pushing up the cost of decent homes for people, energy— cost of decent homes for people, energy bi

interesting, you think liz truss came out of the | you think liz truss came out of the george osborneolden age with the relationship with china. now she's signalling a very different messagejust as china. now she's signalling a very different message just as we've completed chinese reliance an inkling on that nuclear power station in somerset and possibly on inside as well. yes station in somerset and possibly on inside as well.— inside as well. yes the telegraph story quoted _ inside as well. yes the telegraph story quoted to _ inside as well. yes the telegraph story quoted to the _ inside as well. yes the telegraph story quoted to the fact - inside as well. yes the telegraph story quoted to the fact that - inside as well. yes the telegraph i story quoted to the fact that orest johnson _ story quoted to the fact that orest johnson was on bloomberg given an interview— johnson was on bloomberg given an interview saying he's not a xenophobe that he and pitchfork investment away from china. they liz trust say _ investment away from china. they liz trust say we _ investment away from chin

to cover up if you like, the mistakes that have been made over the last 11 years since dark george osborne's budget in 2010. and it cuts to the public sector that have been inflicted since then and done enormous damage to the economy. then getting into child coverage back, they took the beginning to try and reverse that. and again, in ways that are unfortunate, still quite shallow. so for example, expenditure on education is going up, but it's intended to reach the same levels. it was in 2012, 10, the level of investment in 2010 by 2024. so, and have are, as they are trying to improve on those cut. so that, that austerity it's bits, reli minimal. yeah, but i mean i. e is cutting the bank levy surcharge by infect 660 percent. why do you think he's doing that? we're getting 2 thirds of those on the welfare universal credit which he cut money from. no extra benefit from the school. the taper, our international viewers will wonder, wouldn't earth we're talking about. but why? i mean, is he trying to contact his own bank so that they remember him when they try and buy british debt? what is it doi

it's been a very difficult time for mps and is _ it's been a very difficult time for mps and is george osbornenservative mp said mps on the front line of democracy in so many of them _ front line of democracy in so many of them feel that not just front line of democracy in so many of them feel that notjust because what they— of them feel that notjust because what they do in their constituencies but what _ what they do in their constituencies but what they have to face online and that — but what they have to face online and that is — but what they have to face online and that is really the big change of the last— and that is really the big change of the last decade in westminster is that mps— the last decade in westminster is that mps are now constantly available on twitter, facebook, instagram and other social medias and they're open to the general public— and they're open to the general public in — and they're open to the general public in a — and they're open to the general public in a way they certainly were not before — public in a way they certainly were not before. some mps more traditio

increasedet new spending or is this undoing the austerity that we saw under david cameron and george osborne? john: we were elected less than two years ago on an agenda about leveling up. that means spreading economic opportunities across the united kingdom, investing in infrastructure. of course, we have seen growth that is better than anticipated so far this year, and that has giving us the ability to make these choices. of course, leveling up addresses the fact that historically there have not been investments across the united kingdom in ways that we would have hoped to see. francine: the budget measures represent 75 billion pounds stimulus over the next six years at a moment where the bank of england is also considering higher interest rates. how will that play out? john: the bank of england in the u.k. has discretion over interest rates, control over monetary policy. the chancellor said in that clip that you showed, the expectation of inflation increasing. what we have to do is recognize that the risks around that, make interventions to support the poorest in our society, but clearly,

he _ george osborne.been most mean to them, it has not risen in _ have been most mean to them, it has not risen in 50 years, an astonishing fact, and that clearly will not — astonishing fact, and that clearly will not compensate that group. some people. _ will not compensate that group. some people, yes, some people not at all and some _ people, yes, some people not at all and some people a little bit. thank ou ve and some people a little bit. thank you very much _ and some people a little bit. thank you very much for _ and some people a little bit. thank you very much forjoining _ and some people a little bit. thank you very much forjoining us. i i and some people a little bit. thank you very much forjoining us. i will| you very much forjoining us. i will take you through some of the key headlines from the budget before we talk to the shadow chief secretary to the treasury, bridget philipson, in central lobby in the palace of westminster. the office for budget responsibility expects inflation will hit 4%

this means the spending review is much more similar to gordon brown's than to george osborne's, the firsty — which will see cheaper sparkling wine and draught beer. let's speak to miles beale, chief executive of the wine and spirit trade association. thank you very much. where you are expecting changes to alcohol duty of this kind in his budget? meiji. this kind in his budget? well, thanks very — this kind in his budget? well, thanks very much. _ this kind in his budget? well, thanks very much. first - this kind in his budget? well, thanks very much. first of- this kind in his budget? well, | thanks very much. first of all, this kind in his budget? well, i thanks very much. first of all, we were hoping the chancellor would listen to us, which indeed he has, so a3 is to all duties is excellent in the current climate. it helps people who were really worried about the cost of living increases and particularly concern for recovery of the hospitality sector, so that is great and we have long campaigned for an abolition of the sparkling wine supertax, so we are delighted about that and that spr

in 2013, the then chancellor george osborne asked for a review into the practice of the release of budgetgment. thank| you very much, mr speaker. i don't no whether to congratulate the speaker on his promotion to give the budget a day early though he has not given us in this house and apology. he should not be announcing things on twitter, we should be waiting for the budget to see the full detail. this has been going on since september. this is not new, this has been daily announcements trip feeding the entire budget ahead of time and of course the government holds all the cards on this along with the or because we cannot tell that detail actually is and for scotland, we cannot tell what he barnett consequentials if indeed there are any will be. we know it's going to be in the budget speech, we note what's not going to be in, because the government has not done things like carbon capture and storage in scotland and of course none of this is what the government and the chancellor should be doing in their budget speech. they should be stating the £20 universal credit cut, scrapping the nat

like gordon brown's, former leader of the labour party, former prime minister, than that of george osborne'sng it yesterday. delivered ifi had been delivering it yesterday-— delivered ifi had been delivering it esterda . ~ . . it yesterday. what are the top three thin . s ou it yesterday. what are the top three things you would — it yesterday. what are the top three things you would definitely - it yesterday. what are the top three things you would definitely not... i things you would definitely not... you would like to see reversed? i you would like to see reversed? i think the key thing is a tax cut you would like to see reversed? i think the key thing is a tax cut for bankers yesterday. over the period of this spending review, tax cut for bankers where £4 million. we wouldn't have done the cut to domestic flight air passenger duty. ifind it astonishing domestic flight air passenger duty. i find it astonishing that the week before the cop26 conference in glasgow this government are prioritising travel by air domestically rather than travel by train. and ifi domestically rather than travel

saw that with david cameron with discussions about— with david cameron with discussions about george osbornested by the _ people will be. that patients will be tested by the supply - people will be. that patients will be tested by the supply chain - people will be. that patients will. be tested by the supply chain issues we talked about. he admitted that of the 5000 hgv drivers they require, they say they need, theirs is only 127 signed up for this emergency visa. when i asked repeatedly whether he was worried about the supply chain issues in the build—up to christmas, he didn't answer. that's a huge concern for all of us trying to buy food these next few months. it’s trying to buy food these next few months. �* , . , , trying to buy food these next few months. �* , ., , , ., trying to buy food these next few months. �*, ., , , ., , , months. it's happening now. i popped in for a cup of — months. it's happening now. i popped in for a cup of tea _ months. it's happening now. i popped in for a cup of tea in _ months. it's happening now. i popped in for a cup of tea in a _ months. it's happenin