jeremy hunt? what options does - card in two weeks' time. jeremy hunt?time. jeremy - hunt? what options does he have and what do you think will happen on tax? . what do you think will happen on tax? , , . , tax? the first thing is if i was jeremy hunt. _ tax? the first thing is if i was jeremy hunt. i— tax? the first thing is if i was jeremy hunt, i would - tax? the first thing is if i was jeremy hunt, i would be - tax? the first thing is if i was i jeremy hunt, i would be making tax? the first thing is if i was - jeremy hunt, i would be making it jeremy hunt, iwould be making it very clear— jeremy hunt, iwould be making it very clear to be prime minister i am also keeping on the table with the more _ also keeping on the table with the more for— also keeping on the table with the more for tax cuts that were announced back in september may also need to— announced back in september may also need to be _ announced back in september may also need to be reversed. some of those don't _ need to be reversed. some of those don't make — need to be reversed. some o

jeremy hunt won't win any awards— 2005. jeremy hunt won't win any awards for— 2005.tory party is on 19 points in the tory party is on 19 points in the polar— the tory party is on 19 points in the polar basin total collapse, he is the _ the polar basin total collapse, he is the kind — the polar basin total collapse, he is the kind person take a to. another— is the kind person take a to. another person to watch like that would _ another person to watch like that would be — another person to watch like that would be penny mordaunt, leader of the house _ would be penny mordaunt, leader of the house of commons, and ben wallace. — the house of commons, and ben wallace, the defence secretary. their— wallace, the defence secretary. their supporters are hitting the phones — their supporters are hitting the phones tonight to try to rally support~ _ phones tonight to try to rally support. for liz truss, once you get the stuff — support. for liz truss, once you get the stuff out _ support. for liz truss, once you get the stuff out of the bottle, when people _ the stuff out of th

i think jeremy hunt _ minister. that's right. i think jeremy hunt is _ minister. that's right.hunt is coming and i minister. that's right. i think- jeremy hunt is coming and said, look, i'm a grown up here, i'm going to take tough decisions, study the ship. the problem is that might work in the short term and i think that has been as we've seen been welcomed by the markets. the pilot has crept up by the markets. the pilot has crept up a tiny bit. things seem to settle down on that front. but politically that's not actually the case with up jeremy hunt you will remember as labour made great play. he did not do very well in the recent leadership competition. he is not the first years of conservative mps while i think it's probably grateful tonight that things are even more disasters on the economic front, but they do not think that he is the answer. they do not want him to be the prime minister, they don't want him to be the labour of the party foot of the trouble is they don't want liz truss to be the leader. when you speak to conservative mps each one had their own choice of le

and jeremy corbyn was -55. and it illustrates _ resigned. and jeremy corbyn was -55.esigned. and jeremy corbyn was -55. and it illustrates what is _ resigned. and jeremy corbyn was -55. and it illustrates what is happened - and it illustrates what is happened to the prime minister and having just got elected and having promised to change economic policy that is been going on for 20 years in bringing growth, growth, growth and along with that, they have a photograph of the prime minister and she is looking weary and bewildered as to what is happened and it sums up as to what is happened and it sums up what is happening because this is something we've never seen, the prime minister so early in her rain and her own party and wanting grandpa can't work out how to get her out. it’s grandpa can't work out how to get her out. �* , ., grandpa can't work out how to get her out. �*, ., ., , ., , her out. it's going to be really important _ her out. it's going to be really important day _ her out. it's going to be really important day for, _ her out. it's going to be really impo

to jeremy hunt.— powerhouse rail and there is no money for it. powerhouse rail and there is no money for it— powerhouse rail and there is no money for it. there are too many different factions _ money for it. there are too many different factions wanted - money for it. there are too many different factions wanted to - money for it. there are too many| different factions wanted to many different factions wanted to many different things. it is impossible because of what henry has just set out. they are diametrically opposed in terms of what they want government to do.- in terms of what they want government to do. in terms of what they want covernment to do. ., , ., , ., , government to do. the tory party has alwa s government to do. the tory party has always been — government to do. the tory party has always been a — government to do. the tory party has always been a broadchurch _ government to do. the tory party has always been a broadchurch of- always been a broadchurch of opinions drawn across a ran

in the interviews this week and jeremy — before.emy hunt — before. in the interviews this week and jeremy hunt has _ before. in the interviews this week and jeremy hunt has been - before. in the interviews this week and jeremy hunt has been explicit| before. in the interviews this week i and jeremy hunt has been explicit in saying is you cannot do is offer tax cuts and rely on borrowing to fund them. and that seemed to be a large part of what liz truss at least in the short term, in the hope that the structural reforms that they were going to tell us about laid around would deliver the growth and you would deliver the growth and you would not need to continue borrowing longer—term. but that was the initial pitch and that is the thing that seem to scare so many people in the money market. i that seem to scare so many people in the money market.— the money market. i think that is absolutely right. _ the money market. i think that is absolutely right. i _ the money market. i think that is absolutely right. i am _ the money market. i th

i'm pleased to see jeremy hunter's now joined the team. he'll provide his economic outlook on the 31st of october and that is the process that is our system. i hit labor calling for the general election. we call for general lex when gold brown came in. don't forget, he's the one that sold out gold at the wrong price at the wrong time. so you know, decisions are made all the time, which on reflection you might want to do differently. ultimately, let's see where things go with jeremy han with the statement with the new economic bottle. that's the best direction forward at this moment in time. the idea of seeing how things go to bias, the british public didn't necessarily vote for trusts or her policies. why should they give her that time? again, that is the british model here. you don't vote for a prime minister, you vote for a party to be in government. we don't have a presidential system in this country. this is nothing new. it comes up every time a prime minister is replaced while in office. and like i said, i don't believe if we did this

bringing in a jeremy hunt _ chancellor. bringing in a jeremy hunt i _ chancellor. cabinet, she did not include anyone who did _ cabinet, she did not include anyone who did not — cabinet, she did not include anyone who did not back her, so maybe that is a sign _ who did not back her, so maybe that is a sign that— who did not back her, so maybe that is a sign that she is reaching out a bit more. — is a sign that she is reaching out a bit more, with lots of people talking, _ bit more, with lots of people talking, tory mps are saying it was humiliating for her to how to do this and — humiliating for her to how to do this and about the performance itself, — this and about the performance itself, any time in the markets and the country— itself, any time in the markets and the country need reassuring, they felt that— the country need reassuring, they felt that her performance was below par. felt that her performance was below par~ it _ felt that her performance was below par~ it is _ felt that her performance was below par. it is something much ruder than that, _ par. it

the messages refer to jeremy colbin. ah, i am just about to stop him. that might be a disciplinary worth it. no, nothing in the rules about stopping for phone though. he's got some great knives, but an ice pick would have a certain irony. this is a reference to the general secretary in mcnichol and to the mazda of leon trotsky. what killing your leader with an ice pick or knife? no commander bringing the party into disrepute. not in this case. leading this is about a dozen people in this watch at the most senior officials in the labor party. they obviously have total confidence in one another. this conversation is not going to be late. they not say he orders for mister colbin quite the opposite. there was the hope, the guardian, me to ship him in contempt. after a year, as lida hovan is forced to stand for a 2nd time following an attempted coup, while the party establishment challenges call them, he inspires hundreds of thousands of new members to join staff at party headquarters launch. what is known as the validation process. they scour the social med

since before jeremy corbin became leader in 2015. we have really detailed data and information that one doesn't normally see about a political party. a veteran and he raised his campaigner, analyzes the documents. my mother was a holocaust survivor. he lost dozens of her own family, primarily in auschwitz and to raise youngster. i am a former and he member of parliament from south africa where i served under nelson mandela and i have written and lectured including and outfits on genocide prevention. hundreds of party activists are suspended and expelled on the basis of evidence in these files. it consists largely of social media posts. ah, there are examples o genuine clear anti semitism. you know, here isn't an example that says the enemy is not muslims of christians of judaism. the real enemy is rough child zionism. the rough child family holds about 80 percent of the world's total wealth rothschild de nasty. this is a fairly standard anti semitic trope. here is another one who killed jeff kay, who killed lincoln, who attacked the

go ahead, jeremy. well, yeah, i think tom, but clearly that the neoconservatives want to bleed the russians. and they have this dream that they've been dreaming up for a long time. so they want this to go on indefinitely and they're going to continue arming the ukrainians. and they'll, even if it's over, they're going to carry out low intensity warfare of some kind and continued to try and probably, you know, attack or. busy sabotaged eastern ukraine or even territories, even if they're incorporate into russia, i mean, we see what they're doing crimea and the one bridge. so i don't know this could gone for a long, long time, given those interests. tom pointed to. yeah, but i mean, andre, reflecting about what jeremy just said there. i mean, they're just certain a certain number of ukrainians. ok. there's a certain number amount of infrastructure. i mean, if they want to continue this on, i suppose you know, the actual have to respond to it, but i mean, this is diminishing returns, ok, diminished. and a

why do you want to deal with these people, jeremy? go ahead. i mean, i think we're seeing a major power shift gets in earlier point about this kind of back for further on the west, because yeah, russia is 40 very strong block with east with china. and a lot of countries are joining around is now involved with this lions raking economic deals. and you know, china, one belt, one road initiative has really helped a lot of countries. so we're seeing in the east is growing much stronger. and this is kind of the nightmare of the neo conservatives in anyways. busy the senior china allies with russia is becoming a very strong alliance and the power really is shifting in their direction because of the. busy follies of us and western policies over generations now and a self destructive nature of those all is so i think the world is starting to look a lot different. yeah, it's absolutely folly andre, you know, the way western median pundents always like to describe the rushes isolated and it has no friends. and, you know, it's really interesting on the re

you support, jeremy corbin but don't support israel and british palestinians. it was painful as palestinians as they had he to enter the debates. and that's how it was designed, designed to pay it draws to from the entire contents of the parties, disciplinary folders since before jeremy corbin became leader in 2015. we have really detailed data and information that one doesn't normally see about a political party. ah, a veteran anti racist campaigner. analyzes the documents. my mother was a holocaust survivor. he lost dozens of her own family primarily in auschwitz and to raise youngster. i am a former and he member of parliament from south africa where i served under nelson mandela and i have written and lectured including and outfits on genocide prevention. hundreds of party activists are suspended and expelled on the basis of evidence in these files. it consists largely of social media posts that are examples o genuine, clear anti semitism. you know, here isn't an example that says the enemy is not muslims of christians of judaism. the real enemy is rough ch

jeremy jump in. well, yeah, i think ultimately ukraine inviting their own destruction and you know, they, you know, they've carried out massive atrocities and terrorist activities. car bombings within russia. busy i think us intelligence admitted that ukraine was behind. somehow they're able to sustain some kind of moral high ground. that's one thing. i like to see people waving ukrainian flags and have the cranium flag in their house when it's a government that was voted. one of the most corrupt in europe is not the. busy world that carries a brazen terrorist activities. and that basically, sol, that's interest as a country to these foreign powers who have a very pernicious agenda. playing a very dangerous game as the other 2 guess, pointed out. yeah, because it has nothing to do with ukraine. it all has to do about somehow degrading rushes, power, humiliating, and miss. we have seen this playbook for 30 years since the end of the cold war on the is the special military operation in play? is it spec

jeremy hunter said he will increase it to 25 percent. but to by say, still going to be a giant black hole. how's he going to make the sams add up? well, that's what we have to wait for the 31st of october. what he has done is taken away some of those red lines if you'd like that. or if you choose to say that we're not gonna look at government spending and looking at more efficiencies and looking at raising tax as well. so these are more sensible approach which again the market will like. so we have to wait the 31st of october, but what we are going to see is more fiscal responsibility. and it says one thing of the conservatives of always been very, very proud of up until this moment, of course, has about fiscal responsibility. and that's why it's so critical for us to get back and repair that reputation. and where does this leave the u. k. in at fellow let you respond to my before i want to make it to this not vacant. now. the still for the financial statement, when there's a chaos taking place in the financial markets, the sensible thin

jeremy hunt the now the tax and spending measures 2 weeks earlier than planned. he says he won't borrow 2 fund tax cuts. so the basic income tax rate will remain at 20 percent indefinitely and confirm people in the u. k. will receive support to pay the energy bills until april, when it will become kept and targeted. the most important objective for our country right now is stability. governments cannot eliminate volatility in markets, but they can play that part. and we will do so. because instability affects the prices of things in shots, the cost of mortgages, and the values of pensions. there will be more difficult decisions, i'm afraid, on both tax and spending. as we deliver our commitment to get that falling as a share of the economy over the medium term, what will is ball the politics and the economies? this decision jehovah will be outside the bank of england to under simmons joins us live from westminster, where it's all happening a little bit later. jeremy hunt due to address parliament to the next hour or so. any sign of the prime minister? well a surp

share. - they are focusing on a jeremy hunt, they are focusing on a jeremy hunt, the recently appointedncellor of the recently appointed chancellor of the ex and the way in which he has you turned on at the mini budget to such an extent... apart from the national insurance like that was introduced earlier this year, and everything else has been your turned on. one senior tory mp has said she is in office, trustmark, while he is in power. that echoes those comments by moorman lamont in the early 1990s that the conservative party was giving the idea of being in office but not in power. the idea that liz truss mac's days are numbered. she and her team can barely bring themselves to look at the newspapers from monday to the next. the sunday times really on and taking control, his u—turns on certain elements of the budget. those i'm not sure those images really capture him being in control, that is certainly not the impression that i'm getting there. what impression did you get, annabel? ~ , , ., , annabel? well, i suppose it has the full spectrum _ annabel? well, i suppose it has the full s

become the face of jeremy hunt's administration?— become the face of jeremy hunt's administration?stration? even if she has the stomach for it, can _ administration? even if she has the stomach for it, can she _ administration? even if she has the stomach for it, can she survive - administration? even if she has the stomach for it, can she survive and | stomach for it, can she survive and what do you read into the fact that she has decided not to turn up to answer the urgent question that sir keir starmer has been granted? that makes perfect _ keir starmer has been granted? t'isgt makes perfect sense because it would have been embarrassing and she would have been embarrassing and she would have taken flak from her own mps. we will see the response from the backbenches to whatjeremy hunt will say later. will they vent? will they welcome him? will they welcome him in a way that they recognise our has shifted to him question mark she will be watching this right now, thinking, can i continue being the face of an administration that is not my own but which has repudiated the basis on wh

from what we know of jeremy hunt, for it. from what we know of jeremy hunt. what — for it.jeremy hunt, what you expect _ for it. from what we know of jeremy hunt, what you expect from - for it. from what we know of jeremy hunt, what you expect from him - for it. from what we know of jeremy hunt, what you expect from him as| hunt, what you expect from him as chancellor now liz truss has had her plan for economic growth been thrown out the window? we plan for economic growth been thrown out the window?— out the window? we will have to wait and see. understandably _ out the window? we will have to wait and see. understandably this - out the window? we will have to wait | and see. understandably this morning he was refusing to be drawn on policy specifics, pointing out he�*d only been on the job for 12 hours and it would have to look at the numbers and the treasury. if we step back, the only thing different from him beyond the tone which is a marked change, he takes the issue of balancing the books more seriously and recognises it will take tough decisions. the substance from l

to be jeremy hunt, someone who is a prudent— jeremy hunt, someone who is a prudent choice from the market'sas health secretary for six years, and then foreign— secretary for six years, and then foreign secretary for a year. any period _ foreign secretary for a year. any period in— foreign secretary for a year. any period in which looks like the global— period in which looks like the global economy is slowing down, and there may— global economy is slowing down, and there may be more of these international finance ministers summits, _ international finance ministers summits, he will be a steadying force _ summits, he will be a steadying force of — summits, he will be a steadying force. of course, he was a big backer— force. of course, he was a big backer of— force. of course, he was a big backer of rishi sunak, and to return slightly— backer of rishi sunak, and to return slightly to _ backer of rishi sunak, and to return slightly to my earlier point, lots of senior— slightly to my earlier point, lots of senior tory mps are scratching their— of senior tory mps are scratching their heads, we st

let _ i am jeremy, this is steve. pleased to meet you. let me _ i am jeremy, this is steve.et me get _ i am jeremy, this is steve. pleased to meet you. let me get out - i am jeremy, this is steve. pleased to meet you. let me get out of - i am jeremy, this is steve. pleased to meet you. let me get out of the j to meet you. let me get out of the wa . she to meet you. let me get out of the way- she is — to meet you. let me get out of the way. she is here _ to meet you. let me get out of the way. she is here to _ to meet you. let me get out of the way. she is here to help _ to meet you. let me get out of the way. she is here to help mark, - to meet you. let me get out of the way. she is here to help mark, anl way. she is here to help mark, an ex navy diver, now living with dementia. i navy diver, now living with dementia-— navy diver, now living with dementia. , ., ., dementia. i will get you a coffee. the clock is _ dementia. i will get you a coffee. the clock is ticking, _ dementia. i will get you a coffee. the clock is ticking, wendy - dementia. i will get you a coffee. the c

— they have not been converted by jeremy hunt's stepping in to try to step in— jeremy hunt's steppingd stabilise the market, equally, — step in and stabilise the market, equally, she is in danger of losing those _ equally, she is in danger of losing those people who stood by her initially— those people who stood by her initially and, there is a really small— initially and, there is a really small island now of loyalty around liz truss _ small island now of loyalty around liz truss and that spells trouble not just — liz truss and that spells trouble not just for her liz truss and that spells trouble notjust for her up liz truss and that spells trouble not just for her up at the conservative party at large. the front page. _ conservative party at large. the front page, this _ conservative party at large. tie: front page, this can be toxic conservative party at large. ti9 front page, this can be toxic for the conservatives. yes front page, this can be toxic for the conservatives.— front page, this can be toxic for the conservatives. yes indeed and it also means — the conservatives. yes i

jeremy hunt is de facto u.k.me minister at the moment, he calls shots on this number one issue, which is how the u.k. resource fiscal credibility, and all of the discretionary stuff that lists -- that liz truss wants to do is not really in her power anymore. manus: alex, good morning. how damaging was friday night's press conference in downing street? i was watching, it was someone who seemed like they did not know where to look or what to do. alex: i think it was very damaging. i think it demonstrated that u.k. leadership was not really on the same plane as some other folks, and you have to demonstrate a certain amount of competence. manus: they were brief, alex, the chancellor and liz truss were brief, and i can tell you that factually, they were briefed before they came out with this version of the budget. they were told not to do it this way. alex: i think they have spent too much time talking to a set of people that didn't necessarily get them to heed those warnings that they were being given. that fatal mis

the fire was put out by, by jeremy hunt. he came in, he took over darling street, really has had a prime minister in all all but certainly not in only a name because this trusts as basically have a job taken offered by a standing chancellor. and that, that, that, that role that sir, he played basically save the u. k. from going down on the can completely in terms of it, sir, standing in the markets. and so what is happening now, a process which is incredibly fast moving, much faster moving, believe it or not, than the, the crisis that we've seen over the past few weeks. this is just been an extraordinarily dramatic type of politics that the u. k has never seen before. some would say not only dramatic, theatrical, if not farcical in places indeed under it who knows what might happen in the next few days. i do stay with us. of course we're getting the latest from you in a moment for those either. joining us here on al jazeera english just a few moments ago sir ian graham brady. pardon me. the chairman of the 1922 committee wen

does jeremy want -- jeremy hunt have that long? lizzy: where is jeremy economically and geographically? we will have to wait for monday. if he doesn't make an attempt to look like he is carrying out the vision. the question will be laughed at. what point to have her at number 10 if she can't get her vision to the markets in the mp's is is it time for her to go? as she was repeatedly asked in that press conference. alix: we are seeing is slightly deeper curve. what kind of curve indicates more credibility. do we know that it's her yet? kristine: a lot of it will be featured on the long end of the curve, that 30 year sector. that was a key concern for the markets because the initial many budget kicked off a selloff about part of the curve and kicking off this whole ldi pensions crisis over here that we are still reeling from. a lot of the focus will be on that part of the curve, with yields coming down from the higher levels that we saw a couple of weeks ago. would potentially be a sign of credibility being restored in the public's p

whoever has got to be prime minister needs a good relationship with jeremy hunt.jeremy hunt were to be removed, the markets would see that is a very adverse move. a bit parochial and domesti, the overseas market and what the united states thinks, what europe and japan thanks. we are a highly respected country. our wheels have fallen off. we have a government of all the great cultures, not just breg sitters, levs -- brexiters, leavers,ut we have to pull very hard as long as this administration last. >> conservative party members may be involved again. we shall know by next friday. what will they me of liz truss's premiership? we have been finding out. >> shopping for a new leader. it and this traditionally safe conservative seat, party members and voters have been watching recent defense with consternation. simon robinson is the leader of russia cliff counsel in nottingham shire. how do you feel as leader of local counsel? >> disappointed, surprised. i've never seen anything like it. it has happened so quickly. not just the prime minister level, but other ministers

liz truss or jeremy hunt >> the markets are in charge. >> jeremy hunt is talking to the markets. >> willvant the central bank has to tighten. they have to cut spending. they may have to raise taxes >> same bosses told us not to use cdos >> it could be could be it was about that time it would have been about the same time with the current account deficit. >> we'll trade notes michelle, thank you. >> any of 25 people for me we will see you on "power lunch. thank you. >> no, you won't i'm not here for "power lunch. you're in a time warp, joe. >> all right whatever you say >>> bank of america is set to report in the next few minutes the numbers and reaction from wall street. we talk to jeremy siegel for his take on market volatility and the fed's xtne move. he is always interesting stay with us power e*trade's easy-to-use tools like dynamic charting and risk-reward analysis help make trading feel effortless and its customizable scans with social sentiment help you find and unlock opportunities in the market with powerful, easy-to-use tools power e*trade makes complex trading easier react to

jeremy _ thought in august. in a statement last night, jeremy hunt _ thought in august.statement last night, jeremy hunt said... . it is clear that he plans to dump the taxcutting agenda liz truss suggested during the leadership contest. even the us president, joe biden, said he thought the original plan had been a mistake. but businesses here have defended the prime minister.— businesses here have defended the prime minister. what she is doing is deliverin: prime minister. what she is doing is delivering a — prime minister. what she is doing is delivering a broader _ prime minister. what she is doing is delivering a broader programme. i prime minister. what she is doing is. delivering a broader programme. she has reached the conclusion that doing all the tax cuts at the same time is too much for the markets to sustain in the short term because there are so many global disruptions. we are seeing every other country with inflationary rises and countries with much higher interest than we have. this is a global challenge that we'll have to tackle. but global challenge that

— government situation and it was jeremy hunt that when ford made others _ jeremy hunt that when fordisions and leg which was saying. li2— others decisions and leg which was saying, liz truss was just out there plinking he — saying, liz truss was just out there plinking he needs only been in the 'obs plinking he needs only been in the jobs and _ plinking he needs only been in the jobs and friday and so, that's absolutely extraordinary that liz truss _ absolutely extraordinary that liz truss had — absolutely extraordinary that liz truss had all this power ripped from her so _ truss had all this power ripped from her so suddenly and a container many budget— her so suddenly and a container many budget ripped to pieces —— mini budget — budget ripped to pieces —— mini budget. it's not really a sign of a leader_ budget. it's not really a sign of a leader to — budget. it's not really a sign of a leader to have your key policies that so — leader to have your key policies that so quickly. so, it seems we've gone _ that so quickly. so, it seems we've gone to— that so quickly. so, it seems we've

we've got jeremy colbin their ideas. now we can talk about freedom and equality and good social services and have papa national health service but not everyone in the party welcomes the new members. the are a borrow which is a 100 percent labor borrow, or there wasn't enough representation of the muslim community, especially books, funding community older than labor party leaders was from the why members of the community. do you want to have a change and under more of an f e. 2016. the name of party was quite small in u. m. and meetings were heathen smola. so people had positions. i think it became for many of them like a social club. a factional battle breaks out based on racial lines. a regional party organizer, carl maurice complains about muslim community leaders. morris and amy food have been concerned about south asian members. amy and i were elected to a gathering of predominantly asian men on the pavement. several a and party members are congregating waiting to attend the parties. annual general meeting call stat

jeremy hunt is considered — moved. how come? jeremy hunt is considered a _ moved. how come? has put in place the policies of rishi sunak and they liked rishi sunak. they gave him a lot of credence in the markets. the markets could potentially be afraid of who will be our next prime minister. but businesses like this drinks firm in sunderland have found the price instability hard to manage. for us clari and instability hard to manage. for us clarity and certainty _ instability hard to manage. for us clarity and certainty are _ instability hard to manage. for us clarity and certainty are the - instability hard to manage. for us| clarity and certainty are the things i think every business is struggling with. we have been through a cycle where we were getting a cost increase on raw materials every month and that needs to settle. idem; month and that needs to settle. very few businesses _ month and that needs to settle. very few businesses feel _ month and that needs to settle. very few businesses feel in a position to grow the economy which was and is the government's goal. so c

but decisions that face jeremy hunt ri . ht now. �* ., decisions that face jeremy hunt riaht now. �*these decisions now come at - well, won't there? sure, i think all these decisions now come at any l well, won't there? sure, i think all. these decisions now come at any cost because the markets have less trust and confidence in the government because there are so much uncertainty. i suppose the government can at least be reassured that the town is different. jeremy hunt went into parliament found to be more upfront with people that there will be at these trade—offs. it is a dramatic change of tone than when we saw this trust was elected. what happens when those traders are spelt out in a couple of months�* time? will the party back liz truss to stay on as leader? no markets will be watching this as well. is one thing to calm the markets, it is another to stabilise british politics right now and reassure voters that we saw from the polls this morning that trust in the government couldn�*t be lower. riff government couldn't be lower. of course, the question about more u—turns, more cho

we haven't heard from jeremy hunt yet. just to my right we are expecting him at any moment to arrive. the photographers are poised at the ready. this press conference from liz truss left more questions than it answered and you have to ask if the markets are going to be convinced by it. >> can liz truss keep her job? >> it seems like perhaps she will cling on but not for the right reasons. if she is replaced by rishi sunak and penny mordaunt as the times says the mps are planning to make happen, then even if there were a new leader, it would have such a deluded mandate that there would be massive pressure to call a general election. the polls suggest that labor would wipe out the tories. the tory party is the most successful political party in history because it can change its rules to change its leader like a snake shedding its skin, but it doesn't look like that's going to be what they choose to do right now because it would be like turkeys voting for christmas. >> what do we know about what jeremy hunt is likely to want

i was 07 just by jeremy colbin. i'm absolutely delight you this for anna rather read as our candidate to be liberals, man. it's great to have, you know, there's endorsements by public figures, but the most meaningful endorsements came from the people of liverpool. as far as i was away, it was then down. so the people have little to choose who they want to be. there comes a day when something unexpected happens. the next thing i got an e mail saying, we're gonna have to hold off and terms of the elections. the panel wants to invite the flea con states back to another interview. i didn't really understand what was behind a i just force it was just maybe they wanted a checks and fax. a letter arrived in the inbox of the new labor party general secretary, david evans. it comes from alan dean, a former labor counselor in liverpool, d. david, i been asked to contact you in relation to counselor, anna rothery, and hate on suitability sustan's as late as candidate for the position of elected. may liverpool and family of the

jeremy hunt has just made the statement. let's have a listen. 17 and 2021. the new vent, free shopping scheme for non u. k. visitors or the fries on alcohol duty rates. secondly, the government's current plan is to cut the basic rate of income, taxed 19 percent from april 2023. it is a deeply held conservative value, a value that i share, that people should keep more of the money they earn. but at a time when markets are rightly demanding commitments to sustainable public finances, it is not right to borrow to fund this tax cut. so i've decided that the basic rate of income tax will remain at 20 percent and it will do so indefinitely until economic circumstances allow for it to be kept. taken together with a decision not to cut corporation tax and restoring the top rate of income tax, the measures i've announced to day will raise every year around $32000000000.00 pounds. finally, the biggest single expense in the growth plan was the energy price guarantee. this is a landmark policy supporting millions of people through a difficult winter and today i want to

we are expecting jeremy hunt to make even more u-turns on trussonomics. it seems to be dead in the chancellor but it does not do much to balance the books. she needs to find another 24 billion pounds worth of revenue graces and savings in terms of spending cuts. it looks like trussonomics is being turned into sunakonomics and leaves a wide open door for keir starmer. it leaves mps asking what is the point of having her at 10 downing, more are asking if we should take a new leader now or wait until near certain wipeout in 2024? they will have a close eye on the market today, but she is the "peno" prime minister in name only. francine: as she tries to deal with the immunity -- mutiny within the conservative party, where does this leave the boe? >> we heard from the bank of england confirming what we already knew, that the emergency intervention has come to an end. we're also seeing that boe rate pricing is at its lowest since the mini-budget, 5.630% is now the peak rate for may. this after andrew bailey spoke over the weekend underscoring his message that t

the and jeremy hunt at the top at number ten and number 11.ue, the former conservative leader talking yesterday about the death spiral of the conservative party, and months and years ahead of absolute decline, if not wipe—out, so i think, this is really serious. senior tories are engaged in this frantic campaign to stop the boris comeback, because they are very, very alarmed by it. and the decline in public service, schools, health, defence, that is the side story in the observer splash, and the people talks about schools crippled by costs of living crisis. whichever person gets the crown, whichever party wins the general election, we are in for some very, very tough times. this general election, we are in for some very, very tough times.— very, very tough times. this is the real world — very, very tough times. this is the real world for _ very, very tough times. this is the real world for the _ very, very tough times. this is the real world for the government. - real world for the government. actuatty — real world for the government. actually