i applaud kwasi kwarteng.— i applaud kwasi kwarteng. just on the oint i applaud kwasi kwarteng.out money. _ i applaud kwasi kwarteng. just on the point about money. no - i applaud kwasi kwarteng. just on l the point about money. no doubt in your mind it should go back? absolutely. and if this was different, if this was another political party, if this was a labour donor and labour is getting lots of donations from individuals, if the conservatives or a newspaper had dug up that a labour donor had made comments like this there would be a hue and cry about it and every conservative would be saying they back the money. i think what so many people find so distressing is that the language is terrific and we send our solidarity to diane abbott, what a horrible situation to be in by the idea of picking and choosing when you call out racism and weaponisation of some forms of racism and then turning a blind eye when it is your own side is so damaging to public life right now. thank you forjoining us here alive on verified alive. just a postscript to what we've been talking about because

kwasi kwarteng. lovely to see you you rning. kwasi kwarteng. lovely to see you you always.u always. good to see you. weren't in the budget >> why weren't you in the budget then. was watching, was then. why i was watching, i was watching my office. then. why i was watching, i was watright. my office. then. why i was watching, i was watright. and my office. then. why i was watching, i was watright. and the |y office. then. why i was watching, i was watright. and the reasonz. not >> right. and the reason i'm not in chamber that, you in the chamber is that, you know, don't want know, people i don't want to sort people to up my sort of people to pick up my reactions measures. reactions to certain measures. >> you liz >> so suggestion you and liz truss running scared? truss were running scared? >> no, i was scared of what >> no, no, i was scared of what i didn't understand that your own economic principles being sacrificed on the altar of a what i thought was a very labour light budget . well, it was very light budget. well, it was very centrist and very careful budget . yeah, bu

kwasi kwarteng has told us that he was just wrong. exception who, even after they'd done the car crash mini budget on friday afternoon in september, back in 2022, then went out and the markets had already started responding negatively on that friday afternoon, then went out, in fact was on your show... on the sunday when the markets were closed, but the tv studios were not told them there was more cuts to come. and in a surprise move, the markets got even worse on the monday morning. can ijust say, if you're listening to this rather than watching it, both paddy and thorsten were actually pointing the finger directly at me! someone needs to take responsibility for the collapse in confidence in britain! you're about to do it again! fit to your pointy fingers away! now i want to hear what you think, because i think it's your interview with the chancellor. so i think he is in the classic rock and hard place. the economy is worse than they hoped, so there's not very much money to spend. they've got the obr, the economic watchdog, marking t

kwasi kwarteng, the former conservative _ move on from that.ormer conservative chancellor, | the former conservative chancellor, disagrees. the former conservative chancellor, disaurees. . , ., the former conservative chancellor, disaurees. . . ., , disagrees. yeah, they are clearly racist and they _ disagrees. yeah, they are clearly racist and they are clearly - disagrees. yeah, they are clearly racist and they are clearly sexist. and i_ racist and they are clearly sexist. and i think— racist and they are clearly sexist. and i think diana was right to point out that_ and i think diana was right to point out that the call to violence, even in a flippant way, is really inappropriate. so they were very stupid _ inappropriate. so they were very stupid remarks. i don't know that they were — stupid remarks. i don't know that they were said because i haven't heard _ they were said because i haven't heard any— they were said because i haven't heard any independent corroboration. diane _ heard any independent corroboration. diane abbott was the first b

a cut in vat coutd _ do a kwasi kwarteng. a cut in vat could he _ do a kwasi kwarteng.nflationary because it would mean lower prices and both— because it would mean lower prices and both of— because it would mean lower prices and both of those will be popular measure — and both of those will be popular measure for what people will be scrutinising is whether he is being reckless _ scrutinising is whether he is being reckless with the public finances. andy _ reckless with the public finances. andy verity, thank you very much for explaining that slightly complicated concept of fiscal drag very clearly. we will be back with you throughout the day. the budget is expected to be the last before the next general election and voters across the country will be listening closely to whatjeremy hunt has to say. what are you hoping for and how will it affect you and your household budget? our cost of living corresponding connor smith has been to warrington. it might not be ramsay street, but in this quiet corner of warrington... mil ramsay street, but in this quiet corner of warringt

i'm really glad kwasi kwarteng has come out and name to this.ey are not naming this truthfully and they are not giving back that money. that is tainted money from somet —— some but was made somebody that has made disgusting comments. ., ., , somebody that has made disgusting comments. ., ~y , ., ., ., ., comments. that was ayesha hazarika a little earlier- — a little later this half hour, we will be talking to the mp abena 0ppong—asare, labour's ministerfor women's health and mental health. the bbc has contacted bbc conservative central office for an interview — we have been told no one has been made available —— we have contacted the conservative central office for an interview. medical staff in gaza have told the bbc they were detained, beaten and prevented from carrying out vital duties after a raid at their hospital last month. they've said that some detainees were stripped, kept in stress positions for several hours or had muzzled dogs set upon them. israel said it occupied the nasser hospital site believing it was used by hamas and that se

i'm really glad kwasi kwarteng has come out and named this. not giving back that money that is tainted money from somebody who“s made disgusting comments. if that was labour... on that point about money, no doubt in your mind it should go back. absolutely. and if this was different, if this was another political party, if this was a labour donor and labour is getting a lot of donations from individuals, if this if the conservatives or a newspaper had dug up that a labour donor had made comments like this, there would be a hue and cry about it. and every conservative would be saying, pay back the money. i think what so many people find so distressing, a, the language is horrific and we send our solidarity to diane abbott. what a horrible situation to be in. but this idea of picking and choosing when you call out racism, this weaponising of some forms of racism and then turning a blind eye when it's your own side is so, so damaging to public life right now. around the world and across the uk. this is bbc news. let's look at some other stories ma

you saw what happened when liz truss and kwasi kwarteng tried to circumvent the rules. i won't do that. making sure that the sums add up and we start to get debt on a downward trajectory is important. we separate current and day—to—day expenditure from capital expenditure. that is important, business investment is lower than any other g7 economy. we need that public investment to leverage the private sector. if we change our economy... that is why growth is the nmber one mission of a labour government. that is the way we improve living standards and get the money i know we need for public services. if you win, as you hope, and if you then get the economy growing, which is your ambition, what then if you have £7 billion that emerges, it could be a penny off income tax or £7 billion for colleges or courts. what is your instinct? i want taxes to be lower but you have to explain where the money comes from. what got me into politics was education and schools. i went to school in the 80s and 90s, the last time we had a long time of conservative government, and we had prefab h

. —— kwasi kwarteng. quasi-karting disagrees. -- kwasi kwartenu. , . . , kwarteng.ly racist. to call it out in a _ kwarteng. they were clearly racist. to call it out in a flippant _ kwarteng. they were clearly racist. to call it out in a flippant way - kwarteng. they were clearly racist. to call it out in a flippant way was i to call it out in a flippant way was correct _ to call it out in a flippant way was correct and — to call it out in a flippant way was correct and i_ to call it out in a flippant way was correct and i do not know if they were _ correct and i do not know if they were correct because i've not heard independent corroboration. diane abbott was _ independent corroboration. diane abbott was the _ independent corroboration. diane abbott was the first _ independent corroboration. diane abbott was the first black - independent corroboration. d —.ie: abbott was the first black woman independent corroboration. d —."ie: abbott was the first black woman to become an mp and has faced years of abuse. mr hester has tried to call her to apologise. she says she

and a kwasi kwarteng said, and quite a few other in that few of, other people in that inner said it that she would gone to big on. would have gone to big on. >> yes, actually the >> yes, though actually the civil deserves some civil service deserves some credit a bit because you discuss the of the gas price for the setting of the gas price for a long period. the civil service negotiator, who i very negotiator, who i work very closely with, was absolutely brilliant and quite brilliant and was quite determined. were not going to determined. we were not going to settle at a lunatic price costing billions of pounds , and costing billions of pounds, and there an element there was certainly an element of sure that things of making sure that things didn't happen too quickly and we didn't happen too quickly and we didn't get a ridiculous price. >> yes, but in that, did you feel that liz truss was pushing for a big deal? because, you know, as we describe in the book from you know, they from others, you know, they wanted a big two decades deal that of that was going to be tens of billions pou

, who became is kwasi kwarteng, who became our first black chancellor, not very, very long, but of courserty on perceived merit. and he fell quickly perceived fell very quickly on perceived merit people would merit or however people would judge that performance. and there is a, uh, somebody who's political career rose and fell within the party to which i belong, based on what the perceptions of his merit were. and would say that's good and i would say that's a good thing british my thing in british society. but my point if you you can of point is, if you you can of course, say that the prime minister and sevilla braverman are not specifically black, but kemi badenoch, as james cleverly is the former chancellor is i mean, you start picking up these examples of people serving minorities and the prime minister's point about the diversity the cabinet diversity of the cabinet is right, it? no. right, isn't it? no. >> then i actually really be >> but then i actually really be glad that you made that comparison about sunak and comparison about rishi sunak and his community. is proud of him. all

i don't think anyone would be talking about doing anything quite as radical as liz truss and kwasi kwartengng to do, giving us an indication of what limits were possible. i don't think if the chancellor said he wanted to borrow another 15 billion over the next few years, that would massively spooked the markets. in fact when he is doing is the reverse of what you are describing, putting in place some very serious investment spending cuts. he has been quite tight on day-to-day spending, much tighter on investment spending, which he is looking to cut by tens of billions over the next few years. christian: really grateful for long day., i know you've had a appreciate you coming on the program. paul johnson there. on the other side of the break, will be joined by our political panel to discuss the economy. justin greaney, keir starmer's former policy director, and the u.k. economist at deutsche bank. we will be right back. for our u.k. viewers, let's look at some of the stories making news today. judges in england and wales have agreed a plan to end the worst delays on rate cases come to trial.

just oh no, wallace just think, oh no, ben wallace kwasi kwarteng javid, kwasi kwarteng sajid javid,any today on this international women's it's been great to women's day. it's been great to be you. be with you. >> yeah, it's been good, actually. >> you're back tomorrow together? it been together? yeah. it has been lovely to be together. >> tomorrow with martin. >> yeah. and then we're back together on sunday. what a treat. up is britain's treat. next up is britain's newsroom >> a brighter outlook with boxt solar sponsors of weather on . gb news. >> hello there. good morning and welcome to your latest gb news, weather update, dry weather for many of us through the rest of the day, but there'll still be cloudier and cooler conditions across the north—east coast. there's easterly breeze still there's an easterly breeze still dragging on, quite a lot of cloud and some drizzly rain that will fall as snow over the high ground of north eastern scotland. further south, though, it'll day across it'll be a fairly dry day across the and east. there'll be the south and east. there'll be more in

i remember a year ago asking kwasi kwarteng in new york city and just bait still being chancellor whenncellor having that on that flight. he has the same question of rishi sunak put up the same question of rishi sunak put up does he expect to be prime minister after the local elections, the very fact you are asking questions like that tells its own story, doesn't it? it questions like that tells its own story, doesn't it?— story, doesn't it? it does. they look at opinion _ story, doesn't it? it does. they look at opinion polls _ story, doesn't it? it does. they look at opinion polls labour- story, doesn't it? it does. they. look at opinion polls labour have been ahead for a very long time. there are lots of tory mps extremely nervous. some privately talk about the election being damaged, limitation is just a the election being damaged, limitation isjust a matter of the election being damaged, limitation is just a matter of keep the defeat down for a very long time. there are lots of tory mps extremely nervous. some privately talk about the election being damaged, limitation isjust a ma

markets are still a bit on edge - are still a bit on edge following the liz truss kwasi kwarteng mini., ., ., ., there? not a huge matter fear about that _ there? not a huge matter fear about that because _ there? not a huge matter fear about that because the - about that because the chancellor has made a point, a deliberate point, of not going down that route. but the markets will be focused on the extent to which the chancellor is prudent in the way that he is prudent in the way that he is funding the tax cuts, which we have all been primed to expect today. probably on national insurance, most likely national insurance, most likely national insurance. he has £13 billion worth of headroom. if he is to stick to his physical rule of reducing the amount of debt in the economy as a proportion of the size of the economy, within the five year forecast period. so he doesn't have a huge amount of headroom to deliver those tax cuts. i think the markets will be looking closely at the extent to which he does that in a prudent way and finds a way to raise the money to pay for those. . . raise th

the first to break ranks was former chancellor kwasi kwarteng they're clearly racist, and they're clearly, and i think diane was right to point out the call to violence even in a flippant way, is really inappropriate. so, they were very stupid remarks. i do not know that they were said because i've not had independent corroboration. some hours later, the business secretary kemi badenoch, who is also minister for women and equalities, posted on x that the alleged comments, if true, "were racist". "the idea of linking criticism of her to being a black woman is appalling." tonight dianne abbot reported frank hester to the parliamentary liaison and investigations team. it is a unit of the metropolitan police, and was set up following the murder of mp jo cox in 2016. it investigates alleged crimes against mps in their capacity as elected representatives. ms abbott is not doing any broadcast interviews. but in a statement said this. joining me now is jacqueline mckenzie, who is a human rights lawyer for leigh solicitors and fiyaz mughul, founder of organisation faith matters. faith matters and

have been picked up at the application stage, but of course as well, we've had liz trust and kwasi kwartengtruss. actually it's not an excuse further down the line either.— down the line either. reading the details, a tenth _ down the line either. reading the details, a tenth of— down the line either. reading the details, a tenth of the _ down the line either. reading the details, a tenth of the £105 - details, a tenth of the £10.5 billion has been spent, only a third handed out — i know you are committee asked michael gove and his department tojust bring committee asked michael gove and his department to just bring forward examples of what they had done and how they had done it. what did they actually produce? the? how they had done it. what did they actually produce?— how they had done it. what did they actually produce? they came forward with a handful _ actually produce? they came forward with a handful of _ actually produce? they came forward with a handful of examples, - actually produce? they came forward with a handful of examples, i - actually produce? they came forward with a hand

really not to spook the markets, not to do a liz truss and kwasi and to win and kwasi kwarteng and tomanaged back some voters. he's managed the i think it remains to the first. i think it remains to be seen whether he's managed the second and liam arrow emerging over the oil and gas industry, specifically with the windfall tax. >> indeed, just to respond slightly, momentarily to olivia, hunts would push back his people, would push back and say the reason the first cut in national insurance hasn't registered yet is because we've only had it in one pay packet. it came in in january, most people haven't been paid for february yet, so that's why it hasn't registered ? because it's hasn't registered? because it's only just come in, though. i agree with you completely. it is small beans and it is offset by the ongoing increase in personal taxation because those thresholds that we speak about all the time have been frozen. crikey. i've been in economics broadcast for a quarter of a century. never have so many of my colleagues been so keen for me to explain to them what fiscal drag is. it's b

i don't think anyone will be talking about doing anything quite as radical as liz truss and kwasi kwartengtion of the limits of what is possible. i certainly don't think that if the chancellor said that he was wanting to borrow another five, said that he was wanting to borrow anotherfive, ten, 15 billion a year of the next few years, that would massively spook the markets, in fact what he is doing is the reverse, because he is putting in place some really serious investment spending cuts, so he has been quite tight on a day—to—day spending, he has been a much tighter on investment spending, which he is looking to cut by tens of billions in the next few years. paul, really grateful for your time tonight. i know you have had a very long day, so we appreciate you coming on the programme. thank you. that was pauljohnson. the other side of the break, we will be joined by our political panel to discuss the budget. with us tonight, former communications director at number 10, guto harri, the conservative former economic secretary to the treasury, justine greening, keir starmer�*s former policy di

l z truss and kwasi kwarteng took a risk and it really backfired. it certainly did.y to budge both sets of numbers this week, but that's a tall order. next sunday, the woman who's afterjeremy hunt's job, rachel reeves, will be here. so do send your questions on her plans for the economy. catch anything again on iplayer, or me and paddy o'connell on bbc sounds later with this sunday's newscast. or i'll see you back here next sunday, same time, same place. live from london, this is bbc news mediators start arriving in cairo, to try to reach an agreement on a temporary ceasefire between israel and hamas. shehbaz sharif becomes pakistan's prime minister again — weeks after uncertain elections led to the formation of a coalition government and it's a record—breaking night at the brit awards, raye picks up six prizes best night of my life, hands down, without a shadow of a doubt. will it ever get better than this again? good morning. let's turn to the middle east. mediators are arriving in the egyptian capital cairo to try to reach an agreement on a temporary ceasefire bet

if i remember rightly, we tried that in 2022 with the kwasi kwarteng mini budget and quite rightly itelection by borrowing money to fund tax cuts. we have to show that we are in fact the party of prudent economic management and discipline and that is what the chancellor has shown today. sir keir starmer said — chancellor has shown today. sir keir starmer said in _ chancellor has shown today. sir keir starmer said in the _ chancellor has shown today. sir keir starmer said in the commons - chancellor has shown today. sir keir starmer said in the commons that l starmer said in the commons that conservatives should apologise and the chancellor should apologise for what happened in that 2022 liz truss budget. do you think that would help draw the line and what happened? many people make decisions about how they were going to vote in the autumn of 2022. shifting their position and that is a challenge but it's absolutely clear to me that you are not going to do it by taking reckless gambles with the british economy. but the chancellor has done today, sending signals of fiscal responsibility

we cannot go back to the kind of decision making we saw with liz truss and kwasi kwarteng, because thatgnificant problem for households and for the and actually, the government. and actually, i think that argument for stability welcome. and stability is very welcome. and in to the in big contrast to the government how they government and how they have behaved last 14 years. behaved over the last 14 years. but upset unite, haven't but you've upset unite, haven't you, this? you, with all of this? >> rachel very much >> rachel reeves is very much wed to conservative wed herself to conservative principles, bringing around wed herself to conservative princases, bringing around wed herself to conservative princas a, bringing around wed herself to conservative princas a proportion ing around wed herself to conservative princas a proportion of| around wed herself to conservative princas a proportion of gdp. nd debt as a proportion of gdp. we've had the general secretary, sharon graham, if you sharon graham, saying if you stick fiscal stick to phoney fiscal rules, rule taxing wealthy and rule ou

we haven't had the liz truss and kwasi kwarteng budget.ffect what an incoming labour government can do. i have been working with businesses to look at how we can lavage in private sector investment to do the things we want to do and need to do to get our economy growing. unless we can grow the economy and boost productivity and investment, we have not got a chance to turn round their living standards that sharon white was just talking about. i am determined to be the chancellor that lifts living standards while investing again in public services. you said you had to be honest with people. i know that is what the us want. i am sure you are pleased that the tories took your plan to close loopholes. called non—doms. that decision byjeremy hunt easier to billion quid short for the nhs. where will that £2 billion come from? tt where will that £2 billion come from? , ., where will that £2 billion come from? , . ., from? it is humiliating that in the final budget _ from? it is humiliating that in the final budget of _ from? it is humiliating that

jeremy hunt is terrified of doing anything like what liz truss and kwasi kwarteng did , and possiblyar. the other way. didn't dare to be bold because of the risk of spooking the market. jeremy hunt has said over and over again that this is a responsible budget. he wants to show that the conservatives are the sort of safe pair of hands when it comes to the economy, so that sort of precluded him from doing anything bold . but of course, anything bold. but of course, you could argue that he ended up being too cautious, particularly as that national cut as that national insurance cut was trailed in advance. and of course, it's exactly the same thing as he did in november. and as we know, there was no boost to the tories fortunes in the polls when he did the same thing in november. you know, some people are saying it's the most obvious sign of madness, doing the same thing over and over again expecting different results. >> olivia, we know that he was he was taking notice of the office for budget responsibility , which had had. i know which had advised him in just in recent days that he d

the prime minister came out after i had said something after samuel kasumu had said something, kwasi kwartengkwarteng said something. then kemi it kemi badenoch said something. it was he was pushed was almost like he was pushed into when actually he into saying it when actually he should it straight should have said it straight away. not for black away. it's not for black conservatives to call out racism. all racism. it is for all conservatives to call racism i >> should diane abbott be brought back into the labour party? >> i think we're seeing a bit more a groundswell for diana, more of a groundswell for diana, but to be to the whip but to be to have the whip restored actually , i think it restored actually, i think it was angela rayner who indicated she'd quite like that. >> you know, i am going to read this out because diane abbott, this out because diane abbott, this week been given this entire week has been given it whole woe is me. but i it the whole woe is me. but i must say, in my opinion, diane abbott is one of the most divisive politicians. she is that has ever existed. i'm going t

— period under liz truss and kwasi kwarteng that wrecked the economy. went up lry— when you look at how much mortgage went up by and how much that contributed to the cost of living crisis. — contributed to the cost of living crisis, that is what people are living — crisis, that is what people are living through right now. we had this budget a couple of weeks ago which _ this budget a couple of weeks ago which wanted to sound like a sweetener with the cut in national insurance. — sweetener with the cut in national insurance, but people will not buy it. insurance, but people will not buy it at _ insurance, but people will not buy it at the — insurance, but people will not buy it. at the end of the day what we are seeing — it. at the end of the day what we are seeing is a budget that sets of £20 billion more in public spending cuts that— £20 billion more in public spending cuts that all of you will have to pay for. — cuts that all of you will have to pay for, through poorer public services — pay for, through poorer public services and through pressures on t

. >> interest as a result, as it was of what liz truss and kwasi kwarteng did overnight. >> that's real impacted on so many lives and they're not going to be allowed off the hook i >> -- >> guy's complete fantasy mortgage interest rates are high. they're at the same level as they were under blair, by the way. we had artificially low interest rates from 2008 until recently, and that released inflation. eventually, mortgage rates have gone up in to order bnng rates have gone up in to order bring inflation down. that will be one of the five successes, because we will have brought inflation down even further by the end of the year. almost certainly. that's the one thing you can bank on in the five, of the five pledges. but the cost of that because inflation is a monetary phenomenon, is that you have to have higher interest rates. that's nothing to do with liz truss's budget . that's to do liz truss's budget. that's to do with a strategy for bringing inflation and and we've inflation down. and and we've succeeded in doing that. on the other things, though, it's going to be difficult for the

, matt hancock and kwasi kwarteng, that best that we haven't had the best experiences with. think experiences with. and so i think that party almost needs that the tory party almost needs to some time, take to take some time, maybe take a step back and regroup and actually out, you know, actually figure out, you know, what actual principles are what their actual principles are so know they even so that we know who they even are they're so divided are because they're so divided at the moment. >> do what it is about >> do you know what it is about penny think it might penny mordaunt? i think it might have coronation the have been the coronation and the sword, strikes me as sword, as she just strikes me as the that you the prime minister that you would an itv drama. would see on an itv drama. >> do you not think she looks prime ministerial? >> have been like cobra >> have you been like cobra wouldn't on sky? 100. wouldn't she on sky? yeah, 100. yeah yeah yeah. yeah yeah yeah yeah. >> i wonder if that >> so i mean i wonder if that carries over to the tory party what do you think

is important also for viewers to understand in other cases there was another labour mp, called kwasi kwartengd letter? i said a few months ago, i will frustrate _ word letter? i said a few months ago, i will frustrate you - word letter? i said a few months ago, i will frustrate you in - word letter? i said a few months ago, i will frustrate you in this i ago, i will frustrate you in this interview because you are asking me questions which i quite properly do not know the answer to. if it is an independent process, they are not going to be telling me as a politician the ins and outs of what is going on at every step of the way. i understand the frustration, i can well imagine viewers very frustrated, typical politician not answering the question. the simple truth is if you have an independent process, i do not get reports. the process, i do not get reports. the process has to be allowed to look into all of the matters without political pressure, as it does for every other case brought before it. do you find it frustrating having to answer questions about something that has dragged on for so lo

former chancellor kwasi kwarteng will be here in the studio to give us his verdict on his successors billion pounds the treasury has set aside for the nhs, as parts of london were declared a no go zone zone, no go zone forjews zone zone, no 90 zone for jews over zone zone, no go zone for jews over the weekend . lord john over the weekend. lord john mann, the government's anti—semitism tsar , will be anti—semitism tsar, will be weighing in on the gaza debate. ihave weighing in on the gaza debate. i have an exclusive interview later on in the show with andrew rosindell , the conservative mp rosindell, the conservative mp for romford, who has recently returned to parliament for the first time in almost two years after charges were dropped against him following a lengthy investigation by the met police. and stanley johnson will be to here tell us how he has been following in the footsteps of marco polo and giving us his thoughts on current state of thoughts on the current state of the since they booted out the tories since they booted out his son. are they in need of a bojo comeback? mak

wasn't the liz truss, because it wasn't the problem wasn't that she and kwasi wanted to spend kwasi kwartengspend wanted to spend a lot of money, obviously by cutting taxes, obviously by by cutting taxes, it was it wasn't seen as a it was that it wasn't seen as a responsible use of borrowing to do that. what we've seen time and time again over the years is that when governments have sensible for sensible plans for infrastructure investment, sort of the countries of plan to grow the countries from the from the ground up, actually, investors are relaxed about borrowing, increasing borrowing to pay for that. so if labour were to come up with some very sensible plans, such as they had over sort of green investment, green energy and that kind of thing, i think that actually away actually they could get away with it show that they with it if they show that they were and not profligate . were serious and not profligate. >> aubrey allegretti, a little bit of analysis you , bit of analysis from you, perhaps. how can it be that we are, speaking , seeing are, broadly speaking, seeing the opposite polic

coffey, you accept, i think, just about cover that is that tax—cutting budget of liz truss and kwasi kwartengry straightforwardly. what i am saying is that the prime minister, inflation did go up. that was primarily driven by the illegal invasion of ukraine. i'm conscious that some of these things that i have happened in the last four to five years, covid white on longer than expected. it's a combination of factors. and we should bear in mind that the uk economy has been growing faster than most of the g7. but that the uk economy has been growing faster than most of the g7.— faster than most of the g7. but we are in recession. _ faster than most of the g7. but we are in recession. it— faster than most of the g7. but we are in recession. it is— faster than most of the g7. but we are in recession. it is a _ faster than most of the g7. but we are in recession. it is a technical. are in recession. it is a technical recession- _ are in recession. it is a technical recession- they _ are in recession. it is a technical recession. they are _ are in recession. it is a technical recession. they are not

it was the shocking liz truss and kwasi kwarteng mini budget that sent interest rates rocketing highe started from here. ~ ., ., ., ., you here. what would you do now? you have to run — here. what would you do now? you have to run a _ here. what would you do now? you have to run a serious _ here. what would you do now? you have to run a serious economic- have to run a serious economic policy so inflation pressures go down. let me give you one example. if we existed more seriously in the nhs we would get people back into work who are stuck on waiting lists and that would relieve some of the inflationary pressure and the liberal democrats have said we should reverse the tax cuts the conservatives have given to the banks of the last few years worth £4 billion a year to the banks and we can invest the money in the nhs to get down the waiting list so people can get back into work.— can get back into work. inflation is redicted can get back into work. inflation is predicted to _ can get back into work. inflation is predicted to come _ can get back into work. inflation is predicted to come

. >> it was in hands of >> it was in the hands of somebody like kwasi kwarteng.and this and look at what he did and this is why i the penalty for that. >> but he was sacked. >> but he was sacked. >> yeah, he was sacked. okay. so if goes wrong, the politician if it goes wrong, the politician goes, yeah, lost his job. goes, yeah, but he lost his job. all but i'm sure he's all right. but i'm sure he's absolutely fine. he's doing much better can't better than the people who can't afford at the afford their mortgages at the moment. is the same moment. but this is the same argument people when argument that people have when they bank of they talk about the bank of england saying bank of england saying the bank of england saying the bank of england much power and england has too much power and but should but the bank of england should be independent and should be separate government. be independent and should be separat

was >> it was once a book that was co—authored by liz truss , kwasi co—authored by liz truss, kwasi kwartenghe phrase, britons are amongst the worst idlers in the world in them. it's quite a big issue . issue. >> in the last tory leadership election, liz truss got in a lot of trouble for saying we were lazy, didn't she? she said something about that. lazy, didn't she? she said sonlething about that. lazy, didn't she? she said soni don't about that. lazy, didn't she? she said soni don't think: that. all lazy , >> i don't think we're all lazy, but off of us that but kicked off some of us that are some of lazy . are lazy, some of us are lazy. >> i'm never no, never. >> i'm never lazy. no, never. >> i'm never lazy. no, never. >> always an earlier than >> you're always an earlier than i always earlier, know. >> always in earlier, you know. >> always in earlier, you know. >> that's even on >> well, that's even on international women's day. >> no lion for me. >> no lion for me. >> absolutely. and happy iwd. anyway we're going to be debating france's decision to make abortion a constitutional right

who's who i have seen come out who's actually said this racist was, was kwarteng on a bbc bbc was kwasi kwartengely disappointed by the conservatives that i've heard in the media. we like to talk about the media. we like to talk about the fact we have most the fact we have the most diverse cabinet history. diverse cabinet in history. where where is where is kemi badenoch, where is james cleverly, where is helen grant, where are they? i haven't heard them say anything about this issue. if this was a left wing politician who had said something that was anti—semitic or about someone who was jewish, everyone would have issued a statement. by now. suella braverman would be on the airwaves talking about how awful it was. >> we should say these are at this point , the only person i this point, the only person i have heard talk about this issue for what it is a racist comment. we should say they are alleged comments this stage, but comments at this stage, and but he has course apologised . he has of course apologised. >> but we should also perhaps say that he didn't say he hated diane abbott because of

. >> we saw this week kwasi kwarteng and kemi badenoch come out before the prime minister and handleue of who he takes advice from rather than the man himself. >> emma, what do you think ? >> emma, what do you think? penny mordaunt yes, potentially. but this is not the right time. >> if they'd elected penny mordaunt over rishi sunak when they had the chance, that probably would have been a better choice. >> but the idea that they could impose choose another unelected prime minister on a country and that would improve their chances. >> that's just crazy . >> that's just crazy. >> that's just crazy. >> the country are already cross at the chaos, as shelby said , at the chaos, as shelby said, this is just not the moment rishi has to face the electorate at a sooner rather than later, in my opinion. but i think the tories have to go into the electorate with the leader. >> they've got. >> they've got. >> could could penny mordaunt though, heal the factions, though, help heal the factions, the very different factions that we now see within the tory party? so could she help their image, even

the liz truss and kwasi kwarteng crashed the economy, interest rates went through the roof, nationald _ now. i will send the plans to you. you can send them _ now. i will send the plans to you. you can send them to _ now. i will send the plans to you. you can send them to me, - now. i will send the plans to you. you can send them to me, you're welcome to do that, send me and vicki a copy as well. attach actually faisal is right, that was your grace plan, that's how actually faisal is right, that was y0ur grace plan, that's how you actually faisal is right, that was your grace plan, that's how you are going to wait while these problems that were going to be inherited and now you haven't got that corner pledge of your growth plan, the other parts of your plan, bulldozing through planning, getting a better deal with brexit, these are not easy, they may also be dumped by the wayside. let easy, they may also be dumped by the wa side. ., .. i~ easy, they may also be dumped by the wa side. . ~ j~ , ., wayside. let me take the 28 billion osition wayside. let me take the 28 billion position a

these were backed up former chancellor backed up by, former chancellor kwasi kwarteng and, and the primethat are totally unacceptable within the party. but diane abbott has responded to those comments today talking about racism in both parties, that it needs to be stamped out. and she herself is she's not a member, current member of the parliamentary labour party. she's had the whip withdrawn because comments that she's because of comments that she's made past, but she's made in the past, but she's essentially saying that she didn't, she was effectively shocked, but not surprised that it came from a tory party donor, and she thinks that that will play and she thinks that that will play a huge part within the next general election . general election. >> it's a it's a difficult one. she's the butt of a lot of jokes, isn't she? diane abbott ? jokes, isn't she? diane abbott? she's. she's not what you would call a popular figure amongst a group of people. would this have been as controversial if he hadnt been as controversial if he hadn't referred to the. i mean, he did refer to the fact she

disaster further down the we saw that, of the line, we saw that, of course, with liz truss and kwasi kwartengsn as somebody that made the right decisions, the wise decisions , decisions, the wise decisions, even if they're also not the most politically expedient decisions? so you look at chancellors like alistair darling or roy jenkins and people like that. and i suspect jeremy hunt is equivocating between two. he he's got to between the two. he he's got to please his own backbenchers . please his own backbenchers. he's to try and move the he's got to try and move the dial the country . dial politically in the country. but i suspect he's looking at this saying it's probably this and saying it's probably too task for me be able too big a task for me to be able too big a task for me to be able to do the right thing to do so. do the right thing rather the popular rather than the popular thing. >> you agree that, >> would you agree with that, james? say, i think james? i have to say, i think jeremy a jeremy hunt looks to me like a legacy person , somebody who's legacy person, somebody who's concer

kwasi kwarteng said it on a bbc kwarteng also said it on a bbc politics show.ut it. the prime minister well, he said something about it later on. >> later on in the day. yesterday spokesperson well, exactly. in exactly. and i am sure that in prime minister's questions today, come up today, the question will come up and have to give a and he will have to give a straight and honest answer, because will be because anything else will be unacceptable me. but as i unacceptable to me. but as i said on conservatives where said on the conservatives where we've arrived this, we got we've arrived on this, we got there the end on question there in the end on the question about the money about whether or not the money should given back, which should be given back, which i'm sure everyone wants to know whether not that is something whether or not that is something which done. i've been which should be done. i've been very on this. i don't very firm on this. i don't actually it should be actually think it should be given back. view is that the given back. my view is that the

did he want to go on quite a sort of brave path, like liz truss and kwasi kwarteng did in september 2022he wasn't so i think to some extent why, the budget was somewhat underwhelming for some viewers. is the nature of the economy where we find ourselves in post—pandemic post the war in ukraine and the big spike in inflation. >> one of the biggest issues facing this country is people of working age who aren't working. they're either choosing not to work they're ill. and work or they're ill. and actually, the obr said yesterday that some 9.3 million people are neither in work nor looking for a job. what's going on there? that's incredible numbers. >> it is. it's the highest in about 12 years. that had been quite a decent number for the government that had been coming down until the pandemic. but what we've is a spike of what we've seen is a spike of about half million the about half a million in the number long terms. sick, who number of long terms. sick, who for whom? an elongated, nhs waiting list, the disruption of their treatments during the pandemic as the health care system, you know