he's got jeremy, jeremy hunt and he produced this document here. es 19 page dossier from cchq passed around to journalists. you saw there labour's tax rises behind and in front of jeremy jeremy hunt when he spoke. and that's quite interesting isn't it. because normally you don't have such an obvious adopting of the opponent's name. it's normally my opponent. i don't say who they are, but they're being very clear. this is on laboun being very clear. this is on labour, labour, labour and he's saying that we will cut taxes. labour won't. well we do know from yesterday this my first steps. it says here, as we said yesterday on the programme, martin, that labour will keep taxes as low as possible but not cut them . the tories see cut them. the tories see a window there to say we will cut taxes and look at what we've done with national insurance. my questionnaire was to say, well, you've done all that. you've saved £900 off the average tax bill. nothing's happened. nothing has changed in the polls. will it work? and in fact, maybe people are saying, well,

chancellor jeremy hunt this morning.would surely raise them well. >> a gb news exclusive . and as >> a gb news exclusive. and as labour leader sir keir starmer, he launches his sixth key pledges with this, you know, short sleeves and everything, looking very tony blair esque. have they won you over? we'll bnng have they won you over? we'll bring you the results of the gb news people's poll. it might surprise you. >> and sickness, diarrhoea and fever. they're just some of the grim symptoms spread by a highly contagious virus in

jeremy hunt has built - otherwise. there is a problem. jeremy hunt has built in - otherwise.jeremy hunt has built in £19 billion worth of spending cuts into the public— worth of spending cuts into the public finances and i would be very difficult _ public finances and i would be very difficult if — public finances and i would be very difficult if labour get elected, and i difficult if labour get elected, and i was _ difficult if labour get elected, and i was a _ difficult if labour get elected, and i was a journalist covering staff with _ i was a journalist covering staff with a — i was a journalist covering staff with a tony blair and gordon brown government and they had to do much smaller— government and they had to do much smaller public spending cuts and there _ smaller public spending cuts and there were screams of pain from within— there were screams of pain from within labour ranks stop services have _ within labour ranks stop services have been— within labour ranks stop services have been squeezed very tightly and there's— have been squeezed very tightly and there's n

rachel reeves and jeremy hunt are both - and jeremy hunt are both desperately trying to square a veryoment. if there is going to be no tax increases over the next several years, then it will be desperately difficult to find enough moneyjust to avoid cutting spending on some brick services let alone finding money to increase them. this is how the liberal _ money to increase them. this is how the liberal democrats - money to increase them. this is how the liberal democrats will i how the liberal democrats will be getting from a to be during this election campaign, an echo of labour�*s promise from them too. of labour's promise from them too. ~ . , ., of labour's promise from them too. ~ ., ,., , ., too. we were also pledging not too. we were also pledging not to raise taxes _ too. we were also pledging not to raise taxes for _ too. we were also pledging not to raise taxes for ordinary - to raise taxes for ordinary people. people are paying far richard m sherman much tax... record amounts in this parliament and during the cost—of—living crisis that is hurting people really hard. abs, hur

for his seat but jeremy hunt, grant shapps at risk as well.time round. it is known who are definitely at risk this time round. it is interesting because you _ this time round. it is interesting because you must _ this time round. it is interesting because you must talk - this time round. it is interesting because you must talk about. this time round. it is interesting - because you must talk about labour and what happens but i remember the speculation during the year that jeremy hunt would not stand if the election went on so its important sometimes to say what was said that was wrong, many bright and political people said jeremy hunt when stant! he won't be sending! find people said jeremy hunt when stant! he won't be sending!— he won't be sending! and he always said i will stand _ he won't be sending! and he always said i will stand because _ he won't be sending! and he always said i will stand because i _ he won't be sending! and he always said i will stand because i care - said i will stand because i care about my constituency and seat and

chancellor jeremy hunt this morning. just a few minutes ago, pledged to further slash taxes if the conservatives win the next general election, while warning that labour would surely raise them well. >> a gb news exclusive . and as >> a gb news exclusive. and as labour leader sir keir starmer, he launches his sixth key pledges with this, you know, short sleeves and everything, looking very tony blair esque. have they won you over.7 we'll bnng have they won you over.7 we'll bring you the results of the gb news people's poll. it might surprise you. >> and sickness, diarrhoea and fever. they're just some of the grim symptoms spread by a highly contagious virus in devon's water. as hundreds fall ill and schools are forced to shut. i want to know, are we living in a third world country? >> it feels a bit like it. and a wall of silence. well, that's what former home secretary suella braverman and our very own patrick christys were greeted with as they confronted pro—palestinian protesters at cambridge. let's take a look. >> wh

and jeremy hunt's been talking about inheritance tax, hasn't he?is morning. earlier gb news spoke to reform party spokesperson howard cox on their plans for the economy, both in the economy, everything is about taking money and spending and that's the sort of thing that reform is different. >> it's because we want to put more money into people's pockets, like starting when you go to work, you don't pay tax until £20,000. it's about 7500 pounds more than now. that would give people something like £30 a week more money in their pocket to spend in the economy, which would stimulate the economy. and you'll get more growth . you'll get more growth. >> think of that as a policy. no tax until you earn £20,000. >> well, i think, you know, like reform, the tories want to make sure that, you know, you keep as much money that you earn before paying much money that you earn before paying tax, but you've got to do it in a, in a pragmatic and sensible way that doesn't rock the economy. but i think, look, you know, that's why if you decide to vote reform and you

left recession growing by 0.6% in the first three months of the year that was ahead of the 0.4% jeremy hunt told sky news that the uk has turned a corner >> the uk economy is growing faster over the last quarter, not just in france or germany or italy, but faster than the united states. i think what's more encouraging is the longer-term data we are now seeing about the economy since 2010, we created more jobs in the uk than any other country in europe. we attracted more greenfield foreign investment not just anywhere in europe, but anywhere in the world apart from the united states and china. we have a huge technology sector the imf says we will grow faster than any european economy. for families having a really

jeremy hunt has cancelled an interview this evening on itv. number 10 has gone silent.k has stepped up. the prime minister's chief of staff today, unusually , was staff today, unusually, was wearing a suit and tie. senior ministers are doubling down on dividing lines and tory bosses held a meeting this week on how much money could be spent in an early general election. it all starts to add up to a bit of an alarming picture . good afternoon. britain. it's just coming up to 10 to 2. now. there is mounting tom moore. i've done that twice today. >> it's because. it's because this show is usually three hours. and today it's two hours. but it is 10 to 3. >> it's also because all the afternoon brains are completely scrambled. >> what an afternoon. >> what an afternoon. >> because of all of this speculation, all of this election speculation febrile, some are calling it. >> we're expecting this a cabinet meeting, a bit of an emergency cabinet meeting. it seems to be at about 4:00. some are saying 415, some are saying four. so it'll be around that time. could it be announced tha

and the fact that jeremy hunt wants to end in the civil service, that's fine.s not answerable to government. >> this is part of the problem because parliament can spend whatever money it feels like and the taxpayer just picks up the tab. >> so there's no proper control. it's why the, a victoria, not the victoria to the elizabeth tower had such an enormous overrun. it spends money like water because it can. >> i don't know how to answer that other than as a taxpayer . that other than as a taxpayer. i'm shocked, but the i cannot see that we need, you know, the uk workforce is incredibly diverse, and i think most of it has happened by accident rather than by design. and i really don't think we need these managers. >> all right. >> all right. >> now, the chief executive of centrica, the firm that owns british gas, has suggested that smart metres ought to be made mandatory when speaking to the energy select committee, chris o'shea explained the policy would help create a smart grid that would help keep costs low for everyone . except, of course, for everyone. except

so jeremy hunt said that out in a — scaring people?jeremy hunt said that out in a speech last _ scaring people? so jeremy hunt said that out in a speech last week. - scaring people? so jeremy hunt said that out in a speech last week. and | that out in a speech last week. and this is based on analysis by the treasury, which is being done in a fully costing each of the individual policies, but it speaks to a wider point about the choice of this election. between a party, the conservative party, who cares what many people's taxes devil soaked with it it takes a difficult decisions because of the pandemic and because of what's happened with energy prices that we spent £400 billion... u, energy prices that we spent £400 billion... _, , . billion... record level since the second world _ billion... record level since the second world war. _ billion... record level since the second world war. that's - billion... record level since the second world war. that's what| billion... record level since the | second world war. that's what i billion...

you know, if you take somebody like jeremy hunt, who's beenin somebody like jeremy hunt, who's been in's standing again, the chancellor . you've got years, he's standing again, the chancellor. you've got somebody like me who's only been in for parliament coming up to seven years. i'm standing again, that blend is, is what we've got. we've got a good team. the prime minister himself, as you know, is young and fresh and dynamic and in terms of the choice, what's exciting about this election is, is it's an end to all the speculation for weeks and months before it's framing the choice for the british people, which is clear. you either have a low tax , high either have a low tax, high growth, dynamic future, having got through some tough times with covid and, and, and, warren ukraine energy prices, we've had some tough times but that's the future that we offer low growth, low tax, high growth, dynamic future with a dynamic young leader or same old labour with french style union laws putting wages, putting wages down for people, low growth , high and people, low growth, high and ineffective

won't stand, jeremy hunt won't be standing. always said, i will stand. he always said i care about my constituency and i care about my seat. and he put lots of his own money into fighting his seat recently. and we'll see, because incumbency, as it's known, the sort of personal power, the personal connection that mps have with their constituents is also something that could be a very potent and very powerful. and of course, that's another problem for the tories, because, say, if incumbency gives you an extra kind of two or 3% at the ballot box, some number crunchers would suggest if all these swathes of mp are going, then that incumbency, that connection with the local mp also disappears and a new candidate turning up saying, hi, i'm your new conservative candidate. look at how great things have been going in this campaign. that's really, really tough. but there are things that are tough for labour as well. and i've got the document here because in a six week campaign, actually, what you're going to do for the country is the poi

. >> i mean, jeremy hunt made a comment, you know, this was relatively rare that i take anything jeremyt says seriously, but he did make a comment, which i thought was was quite pithy, which was if he can't deal with diane abbott, how is he going to deal with putin? yeah. and there is there is some there is some sense that you were furiously shaking your head , matthew, as christian was head, matthew, as christian was saying. yeah. >> because because it's absolutely not true to say that she is saying one thing to one group. he's not the lib dems and he's not the greens who literally say one thing to one group of voters and another thing to another group of voters. he's been nothing to anyone. that's not true at all. i mean, he's been attacked for, oh, that's a big that's a big. that's right. he doesn't. so what he's what he's been very clear on is the stance on gaza has been very clear. it has obviously evolved as the situation has evolved. it hasn't evolved to placate any voting group. it's evolved because of what he's thinking, what he's doneis what he's thinking, what he's done is ri

labour party understands as does jeremy hunt that labour party understands as doesjeremyds as does jeremy hunt that if you're doesjeremy hunt that if you're going to move business, if you're going to get investment on your side, you need to keep a prudent budget and a very come political backdrop. it is hoped that is what is going to provide the growth we get in the uk in the next few years. so as well as the electorates, the markets is watching as well. shane foley, thank you forjoining us. ——jane. so what do uk businesses want to see from the next government? alex hall—chen is a policy advisor at the bosses�* lobby group, the institute of directors. thank you forjoining us. there have long been calls to plug the skills gap, aid apprenticeships and raise employability skills. the question is can those reforms be delivered? you are absolutely right that skill shortages are a top issue for uk businesses. polly shows business leaders side skill shortages is having an impact. whoever forms the next government we hope will make this a key priority area. we are some relatively

jeremy hunt, this morning, capital out of all this.deal with diane abbott, how on earth is he going to deal with vladimir putin? the conservatives hope to capitalise on this. give the message you're not safe with labour party. stick with us. >> okay. katherine forster there for us in south wales. thank you very much indeed. >> all right. should we head to the south—west because our reporter jeff moody is there for us this morning gauging reaction from you about what matters to you in the upcoming election? morning, geoff. >> good morning. what i'm here in south molton talking to local residents about how they feel about the election, how it's gone so far, paul , let's start gone so far, paul, let's start off with you. thank you very much for joining off with you. thank you very much forjoining me. what are the main issues that affect you in this election , the cost of in this election, the cost of living, really, the economy , i living, really, the economy, i think this government are running around like headless chickens , i don't kno

we heard from ricky rishi sunak and the chancellorjimmy hunt in the daily telegraph ——jeremy chancellorjimmyto, where he said he would focus on tax cuts for working people. we've heard from both keir starmer and rachel reeves, the shadow chancellor for labour, talking about labour being viable for the economy. for the s and swinney has been campaigning on what they call it a day of action. 0ne swinney has been campaigning on what they call it a day of action. one of his main messages was against austerity. liberal democrat leader ed davey also talked about the economic situation and talked about the conservatives having given up in his words. what he was talking about there was an answer to a question around the senior conservative michael gove stepping down that you mentioned earlier. michael gove is this titanic figure of conservative politics over the last ten years. he not only had a reputation for being quite canny and getting policies through like free schools, but he also knew how to turn on the political theatrics. people might remember there was a moment where he supported brexit, w

oliver: of the people i spoke to , jeremy hunt was the last defender of the open market. cautioning even his allies against some of that protectionism. you think about that overcapacity argument and the u.s. throwing up barriers, the eus well, that leaves the u.k. vulnerable to extra overcapacity but the chancellor is not concerned he wants to preserve open lines of trade throughout the world. joumanna: it is the u.s. that is the key protagonist looking to pressure china. i also noticed the ukrainian finance minister was in attendance. i know that ukraine was one of the big topix discussed. namely because there have been conversations about what to do with those frozen russian assets. did anything come out of this summit? oliver: there was a lot of positive talk and a lot of talk about the will and initiative, and everybody in broad strokes, in agreement. but in terms of kneeling down backer texture -- nailing down the architecture of russian assets, that was not fully dealt with. i was a bit surprised how difficult the technical issues seem to have been. the g7 ministers

and i think even jeremy hunt doesn't, quite frankly, believe his own hype.ou, what do you think to that? >> are you at home saying that you do want tax cuts, or do you share that sentiment that actually you're happy with your taxes as they are, as long as things perhaps start to improve ? things perhaps start to improve? >> just a quick one, because i'm i'm shocked. i'm actually agreeing with somebody on the left of politics, if you look at polling, what's fascinating to me is if you ask the brits, what do you want to happen with tax and spend? about a third, say, lower taxes, spend less on pubuc lower taxes, spend less on public services, about a third say, keep taxes and spending the same, and about another third, say, increase taxes so we can spend more on the nhs and schools and so on. now, when the conservative party talks endlessly and relentlessly about tax cuts, they're actually really only speaking to about a third of the country. two thirds are saying, well, hang on a minute , okay, tax cuts are fine. minute, okay, tax cuts are fine. but what about

this is done to damage your political opponent like a third world country would jeremy hunt, fox news, this is about one man alvin bragg and puts his politicization over the rule of law. >> and the judicial system new york as gotta do something about what's happening because you're looking judge, ignoring a look at judge kaplan, what they've done. it's disgraceful. everyone's laughing at the new york system in companies are leaving, people are leaving, but major companies with tremendous taxpayer dollars and employed employees millions of people literally people are leaving the taking the accompanies that they're all watching this case and they'll watch again, goran two they're watching kaplan thompson the biden democratic party and the sham trial and other abuses of trump our international scandal that harms american really does it really hard so i'm tom fitch are country's reputation is a shining city on the hill get star is now by political persecution of drunk now the whole world siso system is no better than theirs where a banana republic it's very sad story after story about how

rachel reeves wasn't as upbeat as jeremy hunt.longer in recession, but it's hardly cause for a victory lap. and if you look at the forecasts from the oecd, who look at the major industrialised economies, they say that, of those economies, of the g7 economies, the uk will have the second slowest growth rate this year and the lowest growth rate next year. i don't think that is a cause for celebration. my ambition for britain is so much greater than merely the economy not being in recession. so, rachel reeves talking about growth rates and you touched on this in terms of historic numbers, but how do these figures compare with the sort of growth we have seen in the sort of growth we have seen in the past? hat the sort of growth we have seen in the ast? ., , , the past? not very well, is the short answer. _ the past? not very well, is the short answer. for— the past? not very well, is the short answer. for the - the past? not very well, is the short answer. for the last - the past? not very well, is the short answer. for the last 15 l

in other news, the chancellor, jeremy hunt, has declined to give a cast iron guarantee of tax cuts whilensisting the tax burden would go down under a future conservative government but he warns that labour will be forced to raise taxes to pay for their spending pledges. as he reiterated his own commitment to eliminating national insurance. speaking a short while ago in london, the chancellor accused his shadow rachel reeves of resorting to playground politics with her criticism of the high levels of taxation on uk households. >> it comes to labour policies on jobs , welfare reform and tax. on jobs, welfare reform and tax. the difference if they are elected, will be profound and damaging for every family in the country. labour, like to criticise recent tax rises, thinking people don't know what caused them. the furlough scheme, the energy price guarantee and billions of pounds in cost of living support. but labour supported those policies , labour supported those policies, which is why it is playground politics to use those tax rises to distract debate from the biggest divide in british p

but jeremy hunt accused miss reeves of failing to make up her mind.hadow chief secretary to the treasury darren jones told gb news the chancellor isn't being upfront. >> i mean, that'sjust chancellor isn't being upfront. >> i mean, that's just not true. i mean, i kind of understand why jeremy hunt is trying to confect a story where, you know, the tories have scored a point against the labour party in the election campaign, but it's just not it's just not correct. i mean, rachel reeves, our shadow chancellor, has been consistently clear even before the general election was called, that we think the tax burden under the conservatives has become too high. it's the highest it has been in 70 years on working people, and we want that to come down because we want it to come down. we're not going to be increasing taxes on working people. >> sir keir starmer is in wales today to campaign alongside first minister vaughan gething, who's facing a no confidence vote next week. the labour leader is expected to recommit to investing in britain's steel industry amid

we also heard from jeremy hunt in the telegraph today, talking about tax cuts, presumably to nationalce, and also talking about inheritance tax, saying it is a profoundly conservative thing so the economy is the key battleground, i suppose for both parties —— inheritance tax is a profoundly unconservative thing. both parties will face a choice, given the state of the economy, between imposing tough spending cuts for department such as the courts or prisons, or increasing taxes or borrowing, so that's the reality of whoever wins the election. we will have a chance to speak to keir starmer about that later. ~ ,, to speak to keir starmer about that later. �* ,, ., to speak to keir starmer about that later. ~ ,, ., u, later. the afs have called the current financial _ later. the afs have called the current financial situation - later. the afs have called the current financial situation a i later. the afs have called the l current financial situation a dark cloud hanging over the election. i expect they will want to make a lot of how many tory mps are deciding not to stand at the election.

so it may be also that jeremy hunt felt.ook, i won't have any room for manoeuvre for of a tax cuts later in the year. might as well go now, because it really can't get any worse. >> and how do you think sir keir starmer is feeling in labour hq today? how ready do you think they actually are for a general election? we saw those six pledges last week, didn't we? but we're lacking that meat on the bone and we don't see a manifesto yet . and there's also manifesto yet. and there's also labour sources saying there's still a handful of candidates to select. >> yeah, that that's absolutely right that the that there's a lot of work for labour to do particularly on the detail because the detail will come out in the manifesto . so you can in the manifesto. so you can expect to see that in a couple of weeks time , i think labour of weeks time, i think labour have been pretty much ready for a general election, from the beginning of the year that most people thought that the rishi sunak would go for may the 2nd, the same day as local ele

the chancellor, jeremy hunt, struck an optimistic tone, saying that wages are outstripping inflation. it could be an unhelpful sign for those hoping for a cut in interest rates. work and pensions secretary mel stride earlier said britain's jobs market remains resilient, but and openai has launched a new model of their artificial intelligence platform, chatgpt, this time one that can teach maths, sing and engage in conversation . the gpt four zero conversation. the gpt four zero is free for all users and will be rolled out over the next few weeks. meanwhile a rival called claude is already available across europe . it's being across europe. it's being developed by amazon backed start—up anthropic. developed by amazon backed start—up anthropic . the company start—up anthropic. the company says a special method of training means the technology is bound by a set of values to avoid doing harm, like spreading misinformation, bias or election interference . for the latest interference. for the latest stories, sign up to gb news alerts by scanning the qr code on your screen or go to gb news.

——jeremy hunt. grant shapps also in vision.binet who gathered this afternoon, after rishi sunak announced to the king that he was actually going to stand down and call in election. michael gove is well in the corner. the mood amongst the tory senior team will be very interesting. of course they will have to show support for the prime minister. his wife also in the audience. james cleverly is going to start with an introduction. let’s start with an introduction. let's listen in. thank _ start with an introduction. let's listen in. thank you, _ start with an introduction. let's listen in. thank you, thank- start with an introduction. let's| listen in. thank you, thank you. this is it! this is the moment, this is it. election has been called. elections are about choices. and we're going to present the british people with a choice. and it is a clear choice, it is a simple choice and it's a choice about leadership, about decisiveness, about integrity and it's a choice about what happens next for our country. that's what elections ar

the labour calculation is based on what jeremy hunt says he'd like to do.e treasury, doesn't it gets a load of, of labour party policies, wrong things. they haven't actually pledged . actually pledged. >> oh nigel, i should i should just say this is not the calculation from the treasury , calculation from the treasury, which was a much more mild figure. this was almost a joke that the conservative campaigners put out in response to the labour party's costings document, which included everything that they found labour shadow cabinet ministers saying they would like to do in the future, for example, reducing corporation tax to 12.5, unfreezing the personal allowance thresholds, cut, raising defence spending to 2.5. so they've included lots of things that labour haven't said that they'd explicitly do, whereas the treasury documents included things that the labour party said they would do. >> not all of them, i mean, that was fed in by, tory special advisers . and the treasury advisers. and the treasury officials came out with the same rubbish that went in, and

jeremy newsroom. your headlines, chancellorjeremy hunt has vowed chancellor jeremy hunt has vowed to compensate victimswith a £10 billion package. hunt claimed it was part of fulfilling a promise he made to a constituent who died after contracting hepatitis c. the scandal has been the subject of the biggest ever public inquiry in the uk , after tens of in the uk, after tens of thousands of people were infected with contaminated blood and blood products . infected with contaminated blood and blood products. nhs infected with contaminated blood and blood products . nhs staff and blood products. nhs staff will be told to work evenings and weekends under labour plans to slash waiting lists. hospitals will be asked to share staff and pool waiting lists as part of a £1.1 billion drive to provide an extra 40,000 appointments a week. shadow health secretary wes streeting also promised to protect whistleblowers and cut the nhs's reliance on migrant workers . a reliance on migrant workers. a 14 year old boy has died and a 13 year old boy is in a critical condition. after getting into difficulty in the river tyne

we appreciate your time, jeremy hunt - i would like to go.rt. good morning. i really like emma hayes's delivery and straight talking. when she was asked how she was feeling about the team and she was saying, are you going to be taking them out for drinks, she said, no, that sounds frightening. i'd like a cup of tea. she has such a lovely personality even though she is now over in the states. b, a lovely personality even though she is now over in the states.— is now over in the states. a new challenge _ is now over in the states. a new challenge going _ is now over in the states. a new challenge going from _ is now over in the states. a new challenge going from club - is now over in the states. a new - challenge going from club management to taking charge of the us women's football team that didn't do so well at the last world cup but it's a very different lifestyle from day to day club management to taking over a national team where you only get them for certain spells but it does mean she will have more time to explore the us and have a norm

the express goes with jeremy hunt's warning that labour cannot be trusted with the economy.for as long as possible. let's take a look at some of the day's other news now... thejury the jury has begun thejury has begun its the jury has begun its deliberation in the donald trump hush money trial. continue its work on thursday after being sent home. the former president was sent home after deliberations began because hisjury sent a note with a lot of questions. mr trump is sent a note with a lot of questions. mrtrump is undera sent a note with a lot of questions. mr trump is under a legal order to present when the cases discussed. mr trump spoke to reporters outside the court, here's a little bit about what he had to say. it seems that there a lot of witnesses, _ had to say. it seems that there a lot of witnesses, a _ had to say. it seems that there a lot of witnesses, a lot _ had to say. it seems that there a lot of witnesses, a lot of people | lot of witnesses, a lot of people that they could call but they didn't call. they didn't call them because they were very bad witnesse

jeremy hunt sees the alarm bells ringing about how many are stepping away. yes.gy productive make you money for themselves they're making a lot of money— for themselves they're making a lot of money for the gdp and for the tax effects _ of money for the gdp and for the tax effects it _ of money for the gdp and for the tax effects it is — of money for the gdp and for the tax effects. it is an issue like that. i think— effects. it is an issue like that. i think what— effects. it is an issue like that. i think what happen psychologically is a lot of— think what happen psychologically is a lot of people were forced to pause during _ a lot of people were forced to pause during those lockdown times for the tax effects. it is an issue like that — tax effects. it is an issue like that i— tax effects. it is an issue like that. i think would happen psychologically is a lot of people were _ psychologically is a lot of people were forced to pause during those lockdown — were forced to pause during those lockdown times. a mega expensive house. _ lockdown times. a mega expensi

as jeremy hunt, who is the councillor or chancellor of the exchequer.uy who handles the money. he's that guy very skinny. a lot of these guys have very, very skinny and he says that the tories have, they because there's a 30 point lead over the over the, over the tories by labour that a lot of the tories are thinking, you know, or whatever. and they're right to think that because they're going to lose, they're going to lose . yeah. going to lose. yeah. >> he says that divided parties don't win elections. that's true. also parties that have destroyed a country over 14 years, they tend to not win elections as well. >> they tend not to. >> they tend not to. >> i don't think they've destroyed the country. they're on their way to destroying the country. josh. but i think they've done their best to destroy this. >> i don't think you're being generous enough there. >> give him some credit for the take it away from them. >> what else can rishi do to impress you? >> to impress me? he could. he could do what? there's nothing he could do. basically half of the tor

you know, we might have turned a corner like what jeremy jeremy hunt was saying. average person, it's like when they say, oh, inflation is going down and they want to take, you know, all the credit for it, but then you go shopping and you go into your local supermarket and pnces into your local supermarket and prices are still high food pnces prices are still high food prices especially. so i just don't think that, it kind of paints the picture that they want to paint. it's almost as if they're scrambling now, clutching at straws, trying to find some sort of good news story. but i think the public only care if the good news story actually translates into their shopping baskets and their wallets. >> well, in a way it would do, surely, john, the fact that if inflation is coming down, obviously not rising as fast as it was , although it's still it was, although it's still rising, but it's not as fast. that means more money in our pockets. that's got to be a good thing, surely. and one of richie's pledges, except, unfortunately, taxes going up over the next two years.

the chancellor , jeremy hunt, has chancellor, jeremy hunt, has vowed to compensate victims with a £10llion package, but victim aid goodyear told gb news it's not just about the money when the money is a part of this, obviously, because after 40 years with no insurance, mortgages and so on, lack of employment, finances do come into it. >> of course there are losses, but it's about contrition and justice today. we need things that we need delivered survivors to robustly recommend our justice, that we waited 40 years for , paymaster—general john for, paymaster—general john glenn told gb news. >> the compensation scheme won't be announced today, but that it is important as is. restoring trust within communities. >> is the day for those people who've bravely come forward. and i've met many of them, representatives of 40 of the organisations that have stood by these communities over recent years, and they want the focus to be on evaluating that report today. and i'm keen to honour that. we passed legislation through the house of lords on the 30th of april, just a few weeks ago . that obliga

if anything, jeremy hunt by cutting taxes has worked in the opposite direction to that.the situation, but the vast majority of this has nothing to do with the government.— has nothing to do with the government. has nothing to do with the covernment. ., ., , ., government. 0k, go to get your take. government. 0k, go to get your take- thank — government. 0k, go to get your take. thank you _ government. 0k, go to get your take. thank you very _ government. 0k, go to get your take. thank you very much - take. thank you very much indeed. and just to say that when we do get those inflation numbers, which is in an hour and 20 minutes or so, we will update you on bbc news. staying in the uk, to mining now. shares in the australian extraction giant, bhp, have edged up, ahead of a deadline today for its proposed takeover bid of uk—based rival, anglo american. bhp has until the close of business today — 5pm — to lodge a formal bid for anglo american — who rejected a $15 billion dollar offer last week, and unveiled plans for a break—up. but bhp�*s takeover plan has, according to som

there was an attempt to try and paper over that a bit earlier, when jeremy hunt announced the production reduction in some taxes, but it didn't really take . most of those, taxes will be higher again next year. the impact was not really felt by most people in britain. it's really hard to pin your hopes on one piece of data and the events of two or three months when people can still feel the pain that they have done for the last 5, 6, seven years. i'm not sure that the message that things are going to get better is going to work quite so well for the tories. it might have been one thing if the voters did not have faith in the opposition, but it has been a long time since labor managed the british economy and people seem to think they should get that chance. sonali: thank you both so much for your time and experience covering these markets. of course, the best in bloomberg finance, economics, finance, and government affairs. stick with us, we will bring you the press conference from rishi sunak himself. stick with us through the break. this is bloomberg. ♪ how am i going to find a doctor w

so what specifically was jeremy hunt saying and offering to people? none really. he was asked about national insurance that the conservatives have brought down a couple of times in the last year or so and was asked if he was going to do it again and he did say that if the space was there than the conservatives would like to bring another national insurance got before the election. if we can afford to go further, responsibly, to reduce the double tax on work this autumn, that is what i will do because over time we make no apology for wanting to keep cutting the double tax on work until it is gone. but only when we can do so without increasing borrowing and without cutting funding for public services or pensions. so that was the chancellor on national insurance and interestingly when asked about another tax increase we have seen, the freezing of thresholds, it's quite complicated but as people's salaries go complicated but as people's salaries 9° up, complicated but as people's salaries go up, and you pay certain levels of tax and it is frozen, when salaries go tax

chancellor jeremy publication of the report. chancellorjeremy hunthancellor jeremy hunt has vowed to compensate victims with a £10 billion package, but victim aid goodyear told gb news it's not about the money. >> i mean, the money is a part of this, obviously, because after 40 years of no insurances, mortgages and so on, lack of employment, finances do come into, of course, for losses. but it's about contrition and justice today. we need things that we need delivered, survive to robustly recommend our justice that we've waited 40 years for paymaster—general john glenn told gb news. >> the compensation scheme won't be announced today, but that it is important, as is restoring community. >> trust is the day for those people who've bravely come forward, and i've met many of them , representatives of 40 of them, representatives of 40 of them, representatives of 40 of the organisations that have stood by these communities over recent years , and they want the recent years, and they want the focus to be on evaluating that report today. and i'm keen to hon

in other news, chancellor jeremy hunt has vowed to compensate victims for the infected blood scandalith a £10 billion package. hunt claimed it was part of a filling, a promise he made to a constituent who died after contracting hepatitis c. the scandal has been the subject of the biggest ever public inquiry in the uk, after tens of thousands of people were infected with the contaminated blood and blood products. one of the victims of infected blood, joan eddington, discussed the effect it's had on her. >> all have different and various physical, but it's the mental that's the anguish, of what we're going through . and what we're going through. and that in itself is the support. if you have a, you know , the if you have a, you know, the friends support, but also as mentioned that the red cross are there at the hearings and we can now go for counselling. and a lot of people i know, go for counselling and just, it's the uncertainty of your future, and what it's done to you, and it gives stability of your mind in a way. >> now, nhs staff will be told to work evenings and weekends under l

but but but but jeremy hunt has a cunning plan . jeremy hunt has a cunning plan.front of the telegraph today, inheritance tax is against tory values, says a man that's had 14 years to sort it out previously. so i mean , it out previously. so i mean, they keep going on about this. how big a deal is it, really? i mean, appealing to the middle classes, middle aged, who are mostly going to vote for them? in any case, is it really a big deal? tom >> they keep dangling this issue because this is you're right, this is not the first time that we've seen it on the front page of a national newspaper. it was around this time last year where they were also thinking about abolishing, inheritance tax, which is pretty high in this country compared to many european countries. but the yield , the yield is actually yield, the yield is actually about the same as france, which has about half the rate of inheritance tax. so there is quite a lot of, movement that could happen there within the bounds of reasonable fiscal policy. the trouble is that the treasury tends to think that actua

so what specifically was jeremy hunt saying and offering to people? none really. down a couple of times in the last year or so and was asked if he was going to do it again and he did say that if the space was there than the conservatives would like to bring another national insurance got before the election. if we can afford to go further, responsibly, to reduce the double tax on work this autumn, that is what i will do because over time we make no apology for wanting to keep cutting the double tax on work until it is gone. but only when we can do so without increasing borrowing and without cutting funding for public services or pensions.

jeremy hunt fair. joining us now is jane foley, head of foreign exchange strategy at rabobank.e, no rate cut, as expected, but some hints there as to when they might be coming? we are inching closer to two members of that nine member committee voting for a cut. of that nine member committee voting fora cut. . v of that nine member committee voting fora cut. . �*, .,, for a cut. that's right, there was definitely a _ for a cut. that's right, there was definitely a tone _ for a cut. that's right, there was definitely a tone of— for a cut. that's right, there was definitely a tone of optimism - for a cut. that's right, there was definitely a tone of optimism in | definitely a tone of optimism in this meeting that we perhaps haven't seen before, at least not for some years, so we are inching closer, but the very fact that the governor said that next month was not a fait accompli was actually quite encouraging, but it is really not... next month. he said it will be data —dependent. it is quite likely that we might have to wait until august, thatis we might have to wait until august,

. >> then for about 20 minutes, it all became about jeremy hunt quitting. they say that he'll lose his seat anyway. he hasn't got any money for tax cuts. so he's off. and we were about to get a cabinet reshuffle. and then it swung back round to being all about a general election again. there was an emergency cabinet meeting at 4:15 pm. last week. rishi sunak said book your summer holidays, we're going for autumn holiday , we're going for autumn holiday, so you need to let me know. >> family to come back and tell us when the election is. delighted to have you with us then. delighted to have you with us then . november, thank you very then. november, thank you very much for your holiday. >> thank you for sir. thank you. >> thank you for sir. thank you. >> book your holidays , he said. >> book your holidays, he said. but as the afternoon progressed, one date emerged. july the 4th, and it was all eyes on downing street. and then there we go. and then all eyes on the downing street door after that wasn't it? and out strides rishi sunak into the pouring rain to r

starting with the daily telegraph, labour tax rises as sure as night follows day, says the chancellor jeremy hunts meaning extra nhs cash wasted. —— bed blocker crisis. the guardian, ministers warned in 2021 about the carers scandal. the daily mail, don't betray our royal mail business secretary warming the firm's bosses she won't allow a 5.5 billion sale to a czech billionaire without guarantees on postal services. thanks for watching. faisal�*s here tomorrow. till then, goodnight. without donald trump's knowledge or approval. the defence can seek to try without donald trump's knowledge or approval. the defence can seek to try to without donald trump's knowledge or approval. the defence can seek to try to show without donald trump's knowledge or approval. the defence can seek to try to show that without donald trump's knowledge or approval. the defence can seek to try to show that donald without donald trump's knowledge or approval. the defence can seek to try to show that donald trump without donald trump's knowledge or approval. the defence can seek to try to show that donald trump did not kno

jeremy hunt.e speculation as to whether he was going to lose his job as chance chancellor, but no, he is there. and they're all there preparing to greet the prime minister. johnny mercer there, i think, too. all the members of the cabinet to, of course, gathered this afternoon. i think after it was announced to the king that he was going to stand down and call an election and i think that's michael -- as well in the corner. the mood amongst the tory senior team will be very interesting, of course, to watch. of course they'll have to show immense support for the prime minister. i think you saw his wife there as well also in the audience. james cleverly is going to start with an introduction. let's listen in. >> thank you, thank you! this is it! this is it. this is the moment. this is it. the election has been called. and elections are about choices. and we are going to present the british people with a choice and it is a clear choice. it is a simple choice and it's a choice about leadership. it's a

and then what does jeremy hunt done in his last budget?o, albeit leaving some convenient loopholes that you may not have seen. loopholes that you may not have seen . friends, you may not. seen. friends, you may not. >> you may not have seen where's. but there's actually reports out today that jeremy hunt is maybe reconsidering this on non—doms because he's been speaking to business leaders and the like, and they're worried that actually what we might see is, is those wealthy non—doms moving donors, his next door neighbour. well, it's important i want the facts. i want to know. i want to know whether scrapping non—dom status and these loopholes that you say you're going to clamp down on are actually going to raise enough money for 44,000 appointments a week, because thatis appointments a week, because that is a huge pledge, and it's something that people will be crying out for and very happy for you to say. but is the reality that you'll have to raise taxes across the board ? raise taxes across the board? >> no, in fact, that that's the app