, the government they >> but jonathan reynolds, the goverthat nt they >> but jonathan reynoldst they have they >> but jonathan reynolds, the goverthat they have had they >> but jonathan reynolds, the goverthat they have had a they >> but jonathan reynolds, the goverthat they have had a covid( here, that they have had a covid pandemic to deal with a war in ukraine and across the living crisis. that's why have crisis. and that's why we have taxes greater they were taxes are greater than they were in 2019? well i would say look at the performance of the government across the duration of its time in office. >> look at the whole 13, soon to be 14 years. it's been a story of low growth, of high taxes, taxes getting higher all the time, and that has been because growth is so low. so you don't get good public services. you get good public services. you get to cover if you like get that to cover if you like the costs that failure. and the costs of that failure. and it's same today . i it's the same story today. i mean, the rise in the tax burden for a conservative government is very, ve

, the government they >> but jonathan reynolds, the goverthat nt they >> but jonathan reynoldst they have they >> but jonathan reynolds, the goverthat they have had they >> but jonathan reynolds, the goverthat they have had a they >> but jonathan reynolds, the goverthat they have had a covid( here, that they have had a covid pandemic to deal with a war in ukraine and across the living crisis. that's why have crisis. and that's why we have taxes greater they were taxes are greater than they were in 2019? well i would say look at the performance of the government across the duration of its time in office. >> look at the whole 13, soon to be 14 years. it's been a story of low growth, of high taxes, taxes getting higher all the time, and that has been because growth is so low. so you don't get good public services. you get good public services. you get to cover if you like get that to cover if you like the costs that failure. and the costs of that failure. and it's same today . i it's the same story today. i mean, the rise in the tax burden for a conservative government is very, ve

jonathan reynolds says labour brings needed stability to our small firms.he mood of the uk? small business firms than gbs, news and business and economics editor i'll get there in the end. liam halligan with on the money he's right . here put your dentures right. here put your dentures back in. >> martin pharmacies. >> martin pharmacies. >> now, to be fair, you've been out with jonathan reynolds. he comes on the show a lot and he seems to have some pretty progressive ideas. in fact, a couple of things you were saying were brexit manifesto were brexit party manifesto pledges, scrap pledges, in particular the scrap thing of business taxes, a very progressive idea. >> so it's audacious of laboun >> they sent jonathan reynolds one of their benches, one of their front benches, shadow business secretary. as you say, the bloke that wants to replace kemi badenoch that job, quite big job. they send him quite a big job. they send him to basildon , which is very much to basildon, which is very much a tory stronghold. it's generally seat . john generally a tory seat. j

chancellorjeremy hunt at the cbi conference, that was also addressed by labour'sjonathan reynolds. tote also addressed by labour's jonathanm plan for national — reynolds. we need a long-term plan for national renewal. _ reynolds. we need a long-term plan for national renewal. that _ reynolds. we need a long-term plan for national renewal. that is - reynolds. we need a long-term plan for national renewal. that is the - for national renewal. that is the business environment we are proposing. you know that much of the policy that affects your firms isn't in the remit of the business department or the treasury. it requires a whole government approach. so when it come to your biggest asset, the people who work for you, biggest asset, the people who work foryou, labour's biggest asset, the people who work for you, labour's plan will see you have greater flexibility. it will seen more technical excellence colleges. so you've a pipe line of staff and our new deal is an economic policy to give you a more invested workforce that you can retain for longer. our green prosperity plan with the mission to deliver clean pow er is about p

the shadow business and trade secretary , jonathan reynolds is secretary, jonathan reynolds is addressingsex. he says ensuring invoices are paid on time and rolling out town centre. police patrols are important will patrols are important and will be introduced if the party wins the next general election . in the next general election. in and millions of pounds will be invested into additional national parks and community spaces. environment secretary steve barclay says the plans are designed to boost britain's access to nature ahead of the cop26 summit in dubai. the government promises further funding for existing protected landscapes and new projects covering over 200,000 hectares of land . you can get more on all of land. you can get more on all of land. you can get more on all of those stories by visiting our website. gbnews.com . for website. gb news.com. for stunning website. gbnews.com. for stunning gold and silver coins. >> you'll always value. >> you'll always value. >> rosalind gold proudly sponsors the gb news financial report . report. >> here's a quick snapshot of today's mark

we heard from the business secretary jonathan reynolds. away questions on tax cuts and reticent to say whether labor could afford its plans and to make expenses permanent. that is the government's criticism of labor as we are talking about fiscal plans. that labor would have to borrow so much it would take us to a time like the liz truss era. kriti: we heard from andrew bailey. what do we get? >> rate hikes may not be done. he is trying to bat away talk of cuts saying that is premature, warning it could be a spike in price inflation, echoing the big dove. on the subject of one to cut interest rates i was talking to one official who said there watching the market curve. interestingly saying that markets have misinterpreted the language about data dependency, they're not watching every blip in the data, they're looking at long-term trends and it is this misinterpretation leading to volatility. they say that is the failure not just with bank but central banks. it will be interesting to see whether this comes up with the review of the bank of

shadow business secretary jonathan reynolds says ensuring invoices are paid on time and rolling out. the party wins the next election. in a gb news exclusive, he told our economic consultant liam halligan that the disparity between large companies and small businesses is growing legitimate concerns about the public sector and how it relates to late payments . it relates to late payments. >> so look, we will take that and put that into the plan. >> what we fundamental tried to do, however, is not just say the solution to this is particular targets or rights for smaller businesses, because they will tell us, well, look , you can tell us, well, look, you can have the right to enforce contractual terms on a on a larger business is such larger business if that is such an customer to you, an important customer to you, you're a position to do you're not in a position to do that. what we put that. and that's why what we put forward argument forward is this argument around transparency, having transparency, around having audh transparency, around having audit report on how audit committees re

i also spoke earlier to labour's shadow business secretary jonathan reynolds. policy platform stronger and better economic growth. in fact that is the only way we will see reasonable burdens in terms of taxation and reasonable funding of public services in the future. what was required in this budget, the chancellor said it would be a budget for growth, growth has been downgraded next year and the year after that in the year after that. so this is a step change in government policy. do you believe the obr is right on this? they have downgraded the growth forecast. there is no reason to doubt the obr's growth forecast. labour has already said that a labour government would borrow to invest but presumably you are going to have to borrow to fund day—to—day spending in the public sector as well? we have made very clear that the fiscal rules that we put forward will not allow for borrowing for day—to—day expenditure and we will bring down the burden of debt as a proportion of gdp over the term of the parliament. that should give us money to invest, that is part of o

plus later in the show, shadow secretary of state for business and trade jonathan reynolds gives hiseeves says has rachel reeves says growth has hit a dead end under the tories. all of that and much, much more. but first, the news with polly middlehurst . middlehurst. >> chris, thank you and good evening to you. well, our top stories tonight, a raft of tax cuts and benefits increases aimed at making 27 million people better off was announced today by the chancellor in the biggest change outlined in his autumn statement. jeremy hunt said national insurance will be cut from 12 to 10. the triple lock on pensions will be kept taking the state pension up by 8.5% to more than £220 a week, and taxes on alcohol will be frozen until august 1st next yean frozen until august 1st next year, meaning there'll be no

. >> reynolds, >> okay, jonathan reynolds, good to morning. thanks to see you this morning.the if you're struggling you you're struggling thing, you know, worth ringing your know, it's worth ringing your energy and saying, can energy supplier and saying, can you do a back billing task? >> okay. well, what happens ? >> okay. well, what happens? >> okay. well, what happens? >> because they get it wrong. you know, they do, actually. >> that's absolutely right. they over they over charge . over they over charge. >> and i know it all goes into your account. and then you look and you've built credit, and you've built up credit, which pays bill. when which then pays the bill. when you get the bill, i mean, how do they do it all? if you're on direct debit, that is. but i did it. mine didn't right. it. mine didn't look right. i thought, on earth is going thought, what on earth is going on? are you forking out all this money back? a back billing money back? did a back billing task yesterday. >> much did you save? >> how much did you save? >> how much did you save? >> they refunded me

. >> but i have to put to you what labour's shadow business secretary jonathan reynolds, is saying .s not a seriously joined up plan for the long term for our steel industry. and he's seriously concerned about the thousands of workers in scunthorpe who could be made redundant. here >> we've seen around the world any of the sectors that want to invest in new technologies are investing in electric arc furnace . yes, a regrettable furnace. yes, a regrettable there will be job losses, but we have to manage that transition and it doesn't come without risk . it doesn't come without difficulty. but that transition , difficulty. but that transition, as british steel has said today in its announcement, that they are not going to make those redundancies tomorrow or , you redundancies tomorrow or, you know, early next year, they're not to the blast not going to shut the blast furnaces until which that furnaces until which time that the arc furnaces in the electric arc furnaces in teesside and in scunthorpe are fully operating . and therefore, fully operating. and therefore, thatis fully operati

now shadow business secretary jonathan reynolds says the uk has hit the highest tax burden in 70 yearsancellor jeremy hunt says wednesday's autumn statement will go for growth whilst also addressing business leaders and senior politicians at the confederation of british industry conference earlier on. well, i'm joined again now by liam halligan, our economics and business editor joins me with on the money no sting , joins me with on the money no sting, right. so joins me with on the money no sting , right. so jeremy hunt, he sting, right. so jeremy hunt, he laid out his vision for growth, but he hasn't been specific yet about where those cuts are going to be. but you said he's got spnng to be. but you said he's got spring in his step. >> he has got a spring in his step because he seems to have got clearance from number 10 that he can finally do some tax cuts.i that he can finally do some tax cuts. i think instinctively, jeremy hunt is a tax cutter. a lot of people on the right of the conservative party will scoff at that because he has overseen a big increase in taxation in, you know,

jonathan, of the united states. >> all right. we're getting valuable insight from our friend, eddie glaude jr. of princeton university. >>> ahead, kim reynoldshappen if donald trump wins the nomination. >>> coming up on "morning joe," contentious testimony and battling with the judge. we'll break it down. >>> plus, democratic senators tim kaine and richard blumenthal will be guests. >>> also ahead, national security communication's john kirby will join us as the war between israel and hamas enters a new phrase. and hamas enters a new phrase (husband) no way they'd take this wreck. (carolers) ♪ yes, they will, and you'll get iphone 15 pro, ♪ ♪ aaannnnnddddd apple tv 4k, and apple one - ♪ ♪ all three on them! ♪ (wife) do that. (carolers) ♪ we tried to tell him but he paid us a lot... ♪ (husband) it was a lot... ♪ mhmmm ♪ (vo) this holiday turn any iphone, in any condition, into a new iphone 15 pro with titanium, apple tv 4k, and six months of apple one. all three on us. it's holiday everyday with verizon. with the freestyle libre 2 system know your glucose level and where it's headed without fingersticks. manage your diabetes with more confide

jonathan: foreign affairs, international politics. domestically, good news for republican presidential candidate ron desantis expected key endorsement from iowa governor kim reynoldsmaintains his lead across the republican field, the iowa caucus is around january 15. later this week, third debate taking place on wednesday. lisa: this is a theme the rest of this year and next year. are we going to get a rematch of trump versus biden or are we going to see new entrants? i think after a number of these debates, there will be question whether warmer president trump needs to take part in these debates and what the feasible outlook is for the selection with people who are electable, given the unpopularity of those two candidates. jonathan: greatest hits of stories that frustrate you. the third one, house lawmakers working over the weekend on a stopgap measure to fund the u.s. government beyond the november 17 deadline. johnson floated this new funding deadline of january 15. we are playing this game until this deadline in the number -- in the middle of november. lisa: i feel triggered. jonathan: this story may not have or may have been elaborate. lisa: this one is rust

. ♪ jonathan: live from new york, fed officials pouring cold water on the rate cut talk and we were going from $47 billion to bankruptcy and ron desantis getting a boost from governor kim reynolds