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Nov 28, 2024
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you normally do not see this in a g7 economy. >> and yet, liz truss pulled it off, right? she sank the british economy overnights, just as critics said she would. the british pound plummeted to new lows against the dollar. bank and mortgage interest rates spiked, precisely as productive. there were huge protests. markets went crazy. efforts by truss's top financial advisor to calm the markets didn't cause much response. >> i know the plan put forth only then days ago has caused a little turbulence. i get it. i get. we are listening and have listened, and now i want to focus on delivering the major parts of our growth package. >> so this conservative economic program proved to be so unpopular, so fast, that the government plummeted in popularity over night, and as truss and her ministers kept doing what they said they were going to do, they were transparent about it. a british tabloid started live streaming a head of lettuce, asking viewers which would last longer, the salad vegetable or the prime ministership of liz truss. and 44 days after liz truss took office, the lettu
you normally do not see this in a g7 economy. >> and yet, liz truss pulled it off, right? she sank the british economy overnights, just as critics said she would. the british pound plummeted to new lows against the dollar. bank and mortgage interest rates spiked, precisely as productive. there were huge protests. markets went crazy. efforts by truss's top financial advisor to calm the markets didn't cause much response. >> i know the plan put forth only then days ago has caused a...
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Nov 2, 2024
11/24
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that's a whisker closer than it was between liz truss and rishi sunak in 2022. think a whisker closer than many people in westminster expected. but as we were saying, the truth is people didn't really know. i think it wasn't a shock result in the room, but it was felt as a significant result. because i was dashing in between the bbc two cameras and the room itself, i was standing right at the back with all the sort of conservative party staff members, and you could see that it wasjust a big moment for them finding out who their boss is going to be for most likely the next three, four, five years. and i think we shouldn't walk past the biggest significance of this, which is that it is overwhelmingly likely, though not certain, that at the next general election, kemi badenoch will be presented to the british people as one of two major candidates to be prime minister. it's always great to stand with the staffers where i used to like to stand as well, and that's where you get sort of raised eyebrows or eye rolls. but we in the office here in the bbc broadcasting hou
that's a whisker closer than it was between liz truss and rishi sunak in 2022. think a whisker closer than many people in westminster expected. but as we were saying, the truth is people didn't really know. i think it wasn't a shock result in the room, but it was felt as a significant result. because i was dashing in between the bbc two cameras and the room itself, i was standing right at the back with all the sort of conservative party staff members, and you could see that it wasjust a big...
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Nov 2, 2024
11/24
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— in 2022 when liz truss beat rishi sunak.ectorates, small moves of opinion— electorates, small moves of opinion can transform the result _ opinion can transform the result. the expectation of almost _ result. the expectation of almost every conservative mp i have _ almost every conservative mp i have spoken to including those backing — have spoken to including those backing robertjenrick is kemi badenoch will win. it does not mean — badenoch will win. it does not mean they are right. think back to the _ mean they are right. think back to the last — mean they are right. think back to the last round of mps when they— to the last round of mps when they chose candidates from three _ they chose candidates from three. everyone thought james cleverly— three. everyone thought james cleverly would come top. he is not here, — cleverly would come top. he is not here, not one of the candidates who knows? no one knows — candidates who knows? no one knows what will happen but somewhere right now, kemi badenoch and robert jenrick are findin
— in 2022 when liz truss beat rishi sunak.ectorates, small moves of opinion— electorates, small moves of opinion can transform the result _ opinion can transform the result. the expectation of almost _ result. the expectation of almost every conservative mp i have _ almost every conservative mp i have spoken to including those backing — have spoken to including those backing robertjenrick is kemi badenoch will win. it does not mean — badenoch will win. it does not mean they are right....
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Nov 1, 2024
11/24
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could boost inflation the moves we have seen so far haven't been as dramatic in the days following liz trussmini budget in 2022 let's get to the chief financial economist for jeffries thank you for joining us we have seen a similar reaction to the truss mini budget where we had a drop in the pound trade. so cables come off the boil and we see the rise in the ten-year gilt just spell out for us what you make of the market reaction and appropriate from the washout in the budget >> i think it is a combination of a few factors one, the market is right to be concerned about fiscal so, we've had an expansionary budget funded by tax raises. the point is, and more times questioning whether the tax increases are going to give you as much money as you hoped for and it is not obvious. so, that is a concern. second, the background is concerning on the fiscal side. we have u.s. elections coming up and the market is very worried about the u.s. elections and what happens on the fiscal side. it is not just the uk picture. it is globally, people are worried about fiscal deficit and issuance on top of it, it
could boost inflation the moves we have seen so far haven't been as dramatic in the days following liz trussmini budget in 2022 let's get to the chief financial economist for jeffries thank you for joining us we have seen a similar reaction to the truss mini budget where we had a drop in the pound trade. so cables come off the boil and we see the rise in the ten-year gilt just spell out for us what you make of the market reaction and appropriate from the washout in the budget >> i think...
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Nov 10, 2024
11/24
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tony blair and john major are there, gordon brown, david cameron, boris johnson with theresa may, liz trussl parties at westminster. and the various members of the government, who laid wreaths. well, soon we will have the wreath laying, the next formal wreath laying by the royal british legion which now takes over the event. that's the formal part over and the royal british legion, who have arranged all of this, take over. they themselves will be laying wreaths and then the veterans will start their march past. at this point let's rejoin sophie raworth. there are 11 world war ii veterans here today and we had six normandy the 20, the youngest is 98, the oldest is 101. henry rice, who served with the royal navy, you've been here before, what does it mean to be you can hear the quiet there has been over the last half—hour. that is to change, people starting to talk again. there is the march past, so important to so many groups. there is 10,000 veterans who are registered to march from more than 300 individual organisations. we have the newly formed uk afghanistan veterans. marching here for t
tony blair and john major are there, gordon brown, david cameron, boris johnson with theresa may, liz trussl parties at westminster. and the various members of the government, who laid wreaths. well, soon we will have the wreath laying, the next formal wreath laying by the royal british legion which now takes over the event. that's the formal part over and the royal british legion, who have arranged all of this, take over. they themselves will be laying wreaths and then the veterans will start...
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Nov 3, 2024
11/24
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and i said, well, you know, what was the truth about what went wrong with liz truss? at all, although she would engage on boris johnson. and she said, well, partygate was overblown, which i think some newscasters might find an interesting suggestion, and then she said there wasn't proper honesty around the chris pincher scandal. butjohn, newscast listener in devon, hello, john. thank you for listening. he says, thank you for grilling the new leader. as a lifelong conservative supporter, i'm saddened she didn't want to answer questions on what went wrong for the conservatives. defensive and arrogant, frankly, and i won't be supporting them again. so, you know, it's interesting. some politicians believe actually, if they kind of turn a question or try to turn an interview on the person in the opposite chair and say, well, i'm not going to get into that because i want to talk about something else, they think actually that plays well for the audience sometimes, because we're all well aware that sometimes our viewers and listeners are throwing things at the telly and sayin
and i said, well, you know, what was the truth about what went wrong with liz truss? at all, although she would engage on boris johnson. and she said, well, partygate was overblown, which i think some newscasters might find an interesting suggestion, and then she said there wasn't proper honesty around the chris pincher scandal. butjohn, newscast listener in devon, hello, john. thank you for listening. he says, thank you for grilling the new leader. as a lifelong conservative supporter, i'm...
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Nov 16, 2024
11/24
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two, the pandemic and political chaos and disaster and then liz truss.as there and then was blown off course by events and events and events, but it is well worth remembering that that plan, which was originally a borisjohnson and sajid javid deal was that, and that the money that was earmarked would have first of all, to begin with, would have gone to the nhs and then would go into social care. so even at the time people went, you know what, social care is never going to see that. so actually, just for the newscasters, i'm thinking, the royal commission business, where has that come from? because sometimes it is just too difficult for politicians to fix the issues that outlast governments, in the past the administrations have turned to the royal commission as an effort to get all the people in the room to say, look, guess what, i may not even be the prime minister... that's right. ..by the time this is sorted out. that's right. it's what you do if something has been put back by successive governments into the too hard to fix pile. and this has certainly
two, the pandemic and political chaos and disaster and then liz truss.as there and then was blown off course by events and events and events, but it is well worth remembering that that plan, which was originally a borisjohnson and sajid javid deal was that, and that the money that was earmarked would have first of all, to begin with, would have gone to the nhs and then would go into social care. so even at the time people went, you know what, social care is never going to see that. so actually,...
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Nov 28, 2024
11/24
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just as liz truss is overturning boris johnson, the gop seeks to overturn joe biden. >> that's the idea. the economy is down. you need shock therapy from a right wing policy apparatus to shock the country back into prosperity. to their credit, in england, they really did it. as soon as truss moved in, she put her budget plan into effect and within weeks, the results were clear. >> it sounds like you are saying crisis, what crisis. >> i'm not saying that at all. i think we are in a very serious situation. >> she was speaking for the first time since the mini budget last week. higher interest rates and extreme volatility on the financial markets. >> this is something you see in developing countries going through difficulties. you do not see this normally in a g7 economy. >> and yet she pulls it off right? she sank the british economy overnight just as critics said she would. the british pound plummeted to new lows against the dollar. bank and mortgage rates spiked. there were huge protests. market went crazy. effortsto calm the markets did not inspire much confidence. >> i know the plan p
just as liz truss is overturning boris johnson, the gop seeks to overturn joe biden. >> that's the idea. the economy is down. you need shock therapy from a right wing policy apparatus to shock the country back into prosperity. to their credit, in england, they really did it. as soon as truss moved in, she put her budget plan into effect and within weeks, the results were clear. >> it sounds like you are saying crisis, what crisis. >> i'm not saying that at all. i think we are...
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Nov 9, 2024
11/24
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what did john major, rishi sunak and liz truss have in common?sury, but i, who. ended up as prime minister and... some of them very bad prime ministers. that's not an ambition of mine, i can tell you. it tookjohn major three years, liz truss three years and rishi sunak two years. from having yourjob to being prime minister. how long will it take you? i doubt i'm going to be joining them in that list of chief secretaries to become prime minister in a few years. that's very, very unlikely indeed. darrenjones, chief secretary to the treasury, thank you very much forjoining me on political thinking. my pleasure. kiran. mrjones, there's a reason why chief secretaries to the treasury often rise to the top in politics is because theirjob means they have to get their heads around every department in government. they have to understand the trade offs, the choices, the priorities. they have to understand the detail to and be good at explaining what they're about. that's it from this edition of political thinking. thanks for watching. hello there. we're fin
what did john major, rishi sunak and liz truss have in common?sury, but i, who. ended up as prime minister and... some of them very bad prime ministers. that's not an ambition of mine, i can tell you. it tookjohn major three years, liz truss three years and rishi sunak two years. from having yourjob to being prime minister. how long will it take you? i doubt i'm going to be joining them in that list of chief secretaries to become prime minister in a few years. that's very, very unlikely indeed....
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Nov 29, 2024
11/24
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tom: we are still haunted by that liz truss moment in the u.k. the analysis around what we are seeing around the avenues again. -- around the japanese yen. staying on france, marine le pen's national rally is demanding further changes to france's government and the budget bill. further concessions are being demanded from the kingmaker around this issue after the prime minister dropped plans to raise taxes on electricity in a key concession to the far right. let's get more with bloomberg's julia. where do we stand with the concessions with marine le pen and how much more the prime minister is willing to give up to get the budget across the line? >> as you said there was a relief rally yesterday on the assumption it was a breakthrough. now as we stand friday morning, it is not clear how much more they will have to give in or whether or not marine le pen is ready to make demand that are acceptable. at the moment we really do not know what is going to happen next week. will the government fall or not? there are a few votes in parliament that will dec
tom: we are still haunted by that liz truss moment in the u.k. the analysis around what we are seeing around the avenues again. -- around the japanese yen. staying on france, marine le pen's national rally is demanding further changes to france's government and the budget bill. further concessions are being demanded from the kingmaker around this issue after the prime minister dropped plans to raise taxes on electricity in a key concession to the far right. let's get more with bloomberg's...
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Nov 1, 2024
11/24
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liz truss said the world was safer and we need a strong america now more than ever. to many people in europe and in asia, and, you know, they may not want to say so publicly, but they see the weakness of the biden—harris administration as enormously destabilising. that's why they want trump back. fred fleitz, we're out of time, but thank you very much forjoining me on hardtalk. thank you. good to be here. hello there. our quiet weather story continues, but that has its own problems at this time of the year, with mist and fog. this is how we closed out oxfordshire on thursday evening, and that fog has become more dense and may take it's time to clear. that's because we've got light winds under this area of high pressure. slightly different story for the north and west. this weather front has been bringing some rain as it continues to move its way steadily southwards. the winds will fall light, but they are swinging around to more of a northwesterly, so it will turn colder as that rain starts to push its way steadily south. so, rain to start the day in the far north of
liz truss said the world was safer and we need a strong america now more than ever. to many people in europe and in asia, and, you know, they may not want to say so publicly, but they see the weakness of the biden—harris administration as enormously destabilising. that's why they want trump back. fred fleitz, we're out of time, but thank you very much forjoining me on hardtalk. thank you. good to be here. hello there. our quiet weather story continues, but that has its own problems at this...
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Nov 27, 2024
11/24
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was liz truss feeling guilty when she opened those negotiations?n't much difference between the two parties, really, is there? i hear your point about sovereignty, but then it sounds like you're also saying we can't exercise our sovereignty because it might hack off another sovereign country, in this case the united states. our military alliance with america is vital. and let's be frank, we get more out of it than they do. all right, it's a very, very good dealfor us — us being there as the number two in nato. onlyjust, given the shrinking size of our military. that for us, they give us more than we get from them. what we do not do, what we should not do, is to threaten their most important military base in the world. i've got to ask you, how much is this you wanting desperately to be the uk ambassador in washington? well, it's not going to happen, is it? you know, i mean... how much is this about...? no, no, no, no, no. i am not going to be the ambassador, even though trump would love it. it isn't going to happen — that's the gift of the incoming
was liz truss feeling guilty when she opened those negotiations?n't much difference between the two parties, really, is there? i hear your point about sovereignty, but then it sounds like you're also saying we can't exercise our sovereignty because it might hack off another sovereign country, in this case the united states. our military alliance with america is vital. and let's be frank, we get more out of it than they do. all right, it's a very, very good dealfor us — us being there as the...
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Nov 21, 2024
11/24
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many people might not know that he was the minister with responsibility for growth when, under liz trussflation was at 11.1% and growth flatlined, so we are doing much better than he did. >> alex burghart. >> well, i thank the right honorable lady for her standard charm. the truth is that the government are not doing anything to bring down inflation, this government are stoking inflation. first, we had above-inflation pay rises for the unions. then, we had a budget that the office for budget responsibility said would increase inflation -- >> order. i am going to hear the question. i suggest that we all hear it together -- then our constituents can understand the answer as well as the question. alex burghart. >> first, we had above-inflation pay rises for the unions. then we had a budget that the obr said was going to push up inflation. this morning, we had city economists -- real economists -- saying that next year inflation will hit 3%. does the right honorable lady agree that this government's decisions mean higher inflation for working people? >> i ask the honorable gentleman, 11.1% o
many people might not know that he was the minister with responsibility for growth when, under liz trussflation was at 11.1% and growth flatlined, so we are doing much better than he did. >> alex burghart. >> well, i thank the right honorable lady for her standard charm. the truth is that the government are not doing anything to bring down inflation, this government are stoking inflation. first, we had above-inflation pay rises for the unions. then, we had a budget that the office...
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Nov 14, 2024
11/24
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prime minister liz truss wrote that, and she joins me now. how can trump save europe? >> what is happening in europe and the name -- is that our economies are stagnating. britain's now $34,000 a years wither off than americans, the same is true in france and germany. we're overregulated, we're overtaxed. we've committed the net zero. it's been an economic disaster. energy costs are some of the the highest in the world, and president trump doing a trade deal with countries like the u.k. could turn page our economy but also help britain spend more on defense, help us move away from the european regulatory the system that has been so damaging and make us all stronger with respect to china. so i think it's a win-win. it's about exporting the successful american model that has made the economy grow. and i saw what president trump did in his first term with tax cuts, with deregulation, with drill, baby, drill. there's going to be more of that in the second term, and i think there's a huge opportunity for countries like britain and other countries i
prime minister liz truss wrote that, and she joins me now. how can trump save europe? >> what is happening in europe and the name -- is that our economies are stagnating. britain's now $34,000 a years wither off than americans, the same is true in france and germany. we're overregulated, we're overtaxed. we've committed the net zero. it's been an economic disaster. energy costs are some of the the highest in the world, and president trump doing a trade deal with countries like the u.k....
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Nov 13, 2024
11/24
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liz truss by trying to do too much before people can swallow what you're doing. >> yeah, i think a lotes have had to make some very harsh decisions in the run up to christmas, and so on. you hear about people being moved to fewer hours or even being let go. there's all kinds of implications with the national insurance. it is, again, that fear that people come into this kind of these responsibilities without having ever run a business and persuaded that they're almost infinitely elastic. >> oh , yeah. reeves is reeves is >> oh, yeah. reeves is reeves is she's she's not somebody who knows what she's doing. no. from from what i've seen. i mean , from what i've seen. i mean, businesses are getting hammered on so many. it's not just the national insurance, the minimum wage. and then, you know, with with farmers being hammered as well, the cost of food is going to is going to skyrocket. i reckon. i mean, if i was to scrape around and find some, some positives, i'd say it's going to it's going to nudge businesses to invest capital investment in technology and automate processes which american
liz truss by trying to do too much before people can swallow what you're doing. >> yeah, i think a lotes have had to make some very harsh decisions in the run up to christmas, and so on. you hear about people being moved to fewer hours or even being let go. there's all kinds of implications with the national insurance. it is, again, that fear that people come into this kind of these responsibilities without having ever run a business and persuaded that they're almost infinitely elastic....
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you know, they had a lettuce for liz truss.k ice or a lollipop stick and a dog turd or something. and see if it lasts longer than keir starmer. because. >> because the choc ice will melt. is that your point? >> it'll melt. yeah. yes. and the lollipop stick and the dog turd will eventually fall over. >> okay, there we go. well, interesting metaphors there. he should have done the poetry. that's the front pages licked. join us in a second to find out the latest weapon against the boats. what hole is lamy digging himself out of? and is trump a fascist? see you in a couple of minutes . welcome back to headliners. it's your first look at tuesday's newspapers. i'm andrew doyle, and tonight i've got josh and leo with me. we've got checking some of the tweets coming in. we've got one from mike. you're not allowed to bet on elections as media broadcasters. >> oh, in that case, i would like to take it back. we were joking. and unless i win. >> yeah, i could do with the money, to be honest. >> yeah. £10 is. yeah. yeah, that would be nice
you know, they had a lettuce for liz truss.k ice or a lollipop stick and a dog turd or something. and see if it lasts longer than keir starmer. because. >> because the choc ice will melt. is that your point? >> it'll melt. yeah. yes. and the lollipop stick and the dog turd will eventually fall over. >> okay, there we go. well, interesting metaphors there. he should have done the poetry. that's the front pages licked. join us in a second to find out the latest weapon against...
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Nov 20, 2024
11/24
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the republicans go so crazy that the deficits look like they will go through the roof, you have a liz trussave been talking about this. to a certain extent the bond market kind of disciplines how far they can push some of their agenda. the fed is on the others. if things slow down too much, the fed just eases. they have room to do that. the stock market has these two guardrails that i think on a long-term basis make it pretty attractive for investors. that does not mean there will be volatility. we keep a little cash on the side. we are overweight cash today, very modestly. we always keep a little cash on the side in this type of environment for opportunities. target getting crushed 20% today, not a huge fan of target but we like it and some of our dividend portfolios. it's a little overdone. you will get volatility like this for different reasons over the next couple of years. those will be opportunities. we will end up in a pretty good place. lisa: you can shrug off target as basically a one-off, maybe just overdone. if nvidia reported earnings like this, it would be a huge problem and we
the republicans go so crazy that the deficits look like they will go through the roof, you have a liz trussave been talking about this. to a certain extent the bond market kind of disciplines how far they can push some of their agenda. the fed is on the others. if things slow down too much, the fed just eases. they have room to do that. the stock market has these two guardrails that i think on a long-term basis make it pretty attractive for investors. that does not mean there will be...
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Nov 4, 2024
11/24
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we saw this with liz truss. you have seen it in emerging markets. i would say the u.s. is a little less vulnerable than the rest of the world because the dollar is still the safe haven currency. i do not think we can take it for granted, but the mod market -- bond market saying this is unsustainable. you have to do something. otherwise, interest rates will rise to the point where it chokes growth. jonathan: it is good to see you. we will see you again this week. vigilantes on the sidelines. we are down 10 basis points. with your bloomberg brief, here is dani burger. >> security fencing was added around key locations in washington, d.c.. the secret service erected new fences around the white house and vice president's residence. district authorities are preparing for potential unrest following the election. washington's police chief said he knew of no credible threats. the wife of j.p. morgan's top executive canvas voters in michigan in support of harris. jamie dimon has declined to public endorse either candidate, pledging he would work with whoever is elected. she is a
we saw this with liz truss. you have seen it in emerging markets. i would say the u.s. is a little less vulnerable than the rest of the world because the dollar is still the safe haven currency. i do not think we can take it for granted, but the mod market -- bond market saying this is unsustainable. you have to do something. otherwise, interest rates will rise to the point where it chokes growth. jonathan: it is good to see you. we will see you again this week. vigilantes on the sidelines. we...
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Nov 4, 2024
11/24
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you even elected liz truss. >> that was a mistake.ded not beating the cabbage, but it was a close call. i'm wondering as an outside observer, what do you think this race is looking like from everything you've seen? is the united states going to finally elect a woman as its leader? >> i think so. you have to keep talking about it and there's only a day to go. i think the reason why trump is behaving the way he is and the reason why he's doing this legal strategy and the reason why the lies are ramping up and musk is becoming more and more ridiculous is because i think know they've lost. i think it's women who take it over the line. i think the abortion issue has really cut throw. the other famous thing is joe biden didn't feel comfortable campaigning on it. they feel comfortable. the thing about trump -- he's fascinating. he does things every single day that would have disqualified any -- >> anyone. >> -- or any leaders in other countries. it's deeper than trump being men and women. it goes to what's happened to american culture. >> wh
you even elected liz truss. >> that was a mistake.ded not beating the cabbage, but it was a close call. i'm wondering as an outside observer, what do you think this race is looking like from everything you've seen? is the united states going to finally elect a woman as its leader? >> i think so. you have to keep talking about it and there's only a day to go. i think the reason why trump is behaving the way he is and the reason why he's doing this legal strategy and the reason why...
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>> i wonder how long the left are going to live off of liz truss. actually, i think the way that the labour government are trying to sell not only this budget but also their policies is persistently to not take responsibility for them themselves, but instead to blame themselves, but instead to blame the previous government, themselves, but instead to blame the previous government , to the previous government, to blame liz truss, to constantly point back to that, rather than actually being the adults in the room that they claimed they wanted to be, and just taking responsibilities for their policies. and i think, you know, with, with the whole situation, with, with the whole situation, with the budget, it's like watching a toddler tinkering with a complicated clock or something. i think that this is the whole thing is going to backfire horribly. the first, however many hundred days of labour governments so far have been a complete abomination. i really the more that i've looked into this budget, the more i think that appropriately, given that it thin
>> i wonder how long the left are going to live off of liz truss. actually, i think the way that the labour government are trying to sell not only this budget but also their policies is persistently to not take responsibility for them themselves, but instead to blame themselves, but instead to blame the previous government, themselves, but instead to blame the previous government , to the previous government, to blame liz truss, to constantly point back to that, rather than actually being...
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Nov 2, 2024
11/24
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_ after 2022 when they elected liz truss people _ after 2022 when they elected liz truss. after 2022 when they elected liz truss. people ask if they are - after 2022 when they elected liz. truss. people ask if they are wildly i’ilht truss. people ask if they are wildly right wing — truss. people ask if they are wildly right wing what _ truss. people ask if they are wildly right wing. what i _ truss. people ask if they are wildly right wing. what i think— truss. people ask if they are wildly right wing. what i think unites - truss. people ask if they are wildly| right wing. what i think unites tory members. — right wing. what i think unites tory members. they— right wing. what i think unites tory members, they are _ right wing. what i think unites tory members, they are tribal— right wing. what i think unites tory members, they are tribal tories . right wing. what i think unites toryl members, they are tribal tories and want somebody— members, they are tribal tories and want somebody they _ members, they are tribal tories and want somebody they think— members, they are trib
_ after 2022 when they elected liz truss people _ after 2022 when they elected liz truss. after 2022 when they elected liz truss. people ask if they are - after 2022 when they elected liz. truss. people ask if they are wildly i’ilht truss. people ask if they are wildly right wing — truss. people ask if they are wildly right wing what _ truss. people ask if they are wildly right wing. what i _ truss. people ask if they are wildly right wing. what i think— truss. people ask if they are...
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honestly, poor old liz truss is like warren buffett compared to this shower.o with government borrowing up interest rates up, the national debt up, taxes up, and the pound crashing down, has rachel reeves crashed the economy asking for a friend? there were so many needless victims in this halloween budget, which contained plenty of tricks, but absolutely no treats. especially family farmers who will struggle to pass on their assets to the next generation, leaving obese health guru and king of the jabs, bill gates, to buy up the british countryside. what could possibly go wrong now? labour got into a pickle about what a working person is before the budget. well, it turns out anyone with a job was spooked by this budget with the influential institute for fiscal studies clear that a hike in national insurance contributions on employers will largely be shouldered by ordinary working brits through lower wages. a drop in recruitment and redundancies . recruitment and redundancies. now, rachel reeves has been banging on endlessly about being the first female chancell
honestly, poor old liz truss is like warren buffett compared to this shower.o with government borrowing up interest rates up, the national debt up, taxes up, and the pound crashing down, has rachel reeves crashed the economy asking for a friend? there were so many needless victims in this halloween budget, which contained plenty of tricks, but absolutely no treats. especially family farmers who will struggle to pass on their assets to the next generation, leaving obese health guru and king of...
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honestly, poor old liz truss is like warren buffett compared to this shower.o with government borrowing up interest rates up, the national debt up, taxes up, and the pound crashing down, has rachel reeves crashed the economy asking for a friend? there were so many needless victims in this halloween budget, which contained plenty of tricks, but absolutely no treats. especially family farmers who will struggle to pass on their assets to the next generation, leaving obese health guru and king of the jabs, bill gates, to buy up the british countryside. what could possibly go wrong now? labour got into a pickle about what a working person is before the budget. well, it turns out anyone with a job was spooked by this budget with the influential institute for fiscal studies clear that a hike in national insurance contributions on employers will largely be shouldered by ordinary working brits through lower wages. a drop in recruitment and redundancies . recruitment and redundancies. now, rachel reeves has been banging on endlessly about being the first female chancell
honestly, poor old liz truss is like warren buffett compared to this shower.o with government borrowing up interest rates up, the national debt up, taxes up, and the pound crashing down, has rachel reeves crashed the economy asking for a friend? there were so many needless victims in this halloween budget, which contained plenty of tricks, but absolutely no treats. especially family farmers who will struggle to pass on their assets to the next generation, leaving obese health guru and king of...
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it's anything like liz truss's budget.i mean, that said, well, the interest rates spiralling and the markets crashing and she was out of her job a few weeks later. so you can't slow motion in slow motion. i'm saying it's like it's like i think there are noises off. people like the national farmers union and so on complaining. but, you know, most of us are now going to get faster nhs treatment, 3 million workers are getting a pay rise. low paid workers get from the 1.5 billion national minimum wage. the potholes are going to get fixed. more money for send in our schools. we're going to get new school buildings to replace the crumbling concrete. you know, there's the infrastructure of the country, the sort of the things that matter to us all in our environments locally are the things that are going to be fixed by this budget. so yes, the nfu make a noise. they always hate labour governments. i can remember them demonstrating, being dismissive. >> to be honest with you, i can remember them coming out, you know, and demonstrat
it's anything like liz truss's budget.i mean, that said, well, the interest rates spiralling and the markets crashing and she was out of her job a few weeks later. so you can't slow motion in slow motion. i'm saying it's like it's like i think there are noises off. people like the national farmers union and so on complaining. but, you know, most of us are now going to get faster nhs treatment, 3 million workers are getting a pay rise. low paid workers get from the 1.5 billion national minimum...
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in fact, it's quite similar to what liz truss won back in 2022. the other issue is that the conservative party parliamentary party is also pretty split, whereas in previous contests, liz rishi sunak got a bigger majority than liz truss, among parliamentary among the parliamentary among the parliamentary party and boris johnson had the lion's share of the parliamentary party. this time 1502 00:09:27,0
in fact, it's quite similar to what liz truss won back in 2022. the other issue is that the conservative party parliamentary party is also pretty split, whereas in previous contests, liz rishi sunak got a bigger majority than liz truss, among parliamentary among the parliamentary among the parliamentary party and boris johnson had the lion's share of the parliamentary party. this time 1502 00:09:27,0
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Nov 23, 2024
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but but i've never understood what because liz truss was like so much growth.he hadn't thought it through. but this this i just don't understand how this i just don't understand how this was ever going to lead to growth. they care about big, big business, not small business, don't they? >> and i think they're, you know, at heart they're sort of socialist, really quite hard left socialist almost communist. they have this innate suspicion of business and private private enterprise and free markets. they think the only thing that should be trusted with anything is the state. the state should run your lives. the state should give you your job. but i mean, give you yourjob. but i mean, look how that worked out in the soviet union. >> well, whether it's ideological from that point of view or it's economically ideological, and this is how they think is the best way, and that there are gaps in our economy that need to be bolstered by doing this. >> maybe it's that we'll see. rachel reeves was not actually an economist, but just did some crazy. >> that's crazy talk. the
but but i've never understood what because liz truss was like so much growth.he hadn't thought it through. but this this i just don't understand how this i just don't understand how this was ever going to lead to growth. they care about big, big business, not small business, don't they? >> and i think they're, you know, at heart they're sort of socialist, really quite hard left socialist almost communist. they have this innate suspicion of business and private private enterprise and free...
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bond markets are approaching liz truss levels of chaos. pay will stagnate for two decades and the obr has downgraded growth targets. plus, mortgages are set to soar as rachel reeves crashed the economy and the farming community has blasted labour's budget inheritance tax raid as a kick in the teeth and a closure of the coal mines. on today's show , i'll speak to the show, i'll speak to the president of the national farmers union , who has called an farmers union, who has called an emergency meeting with labour's environment secretary on monday. can the government offer enough to call off a huge farmers protest that's planned for november the 19th.7 and the illegal immigrants who allegedly issued a chilling death threat to nigel farage has made it to britain in a dinghy. and i've got astonishing exclusive footage of how the afghan was escorted by the french navy by a warship and then taxied to britain by border force . and a britain by border force. and a 68 year old wolverhampton wonder gran, who's never stood in an election in her entire
bond markets are approaching liz truss levels of chaos. pay will stagnate for two decades and the obr has downgraded growth targets. plus, mortgages are set to soar as rachel reeves crashed the economy and the farming community has blasted labour's budget inheritance tax raid as a kick in the teeth and a closure of the coal mines. on today's show , i'll speak to the show, i'll speak to the president of the national farmers union , who has called an farmers union, who has called an emergency...
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it tanked the financial markets, kind of similar to what happened with liz truss, liz truss's budget.ing. so it's gone up. so now she's going to have to it's going to cost more to, to borrow money to, to pay for all the public services that she wants to do and really what she should have doneis and really what she should have done is said we're going to slash public services. obviously they're communist. they're never going to do that. but what she should have done is come out, you know, like like javier milei and being like, afuera, you know , and being like, afuera, you know, arts council gone. all this money we're spending on illegal immigrants gone. it's all going diversity and equity coordinators gone, all these local authorities gone. we're going to coordinate, coagulate them into one big authority. and this is supposed to be a one off budget. if you believe that socialists are going to put taxes down in the future, then i've got some magic beans to sell you. >> wouldn't that be the idea that they make it hard now and then in a few years time, they they can then be like, oh, loo
it tanked the financial markets, kind of similar to what happened with liz truss, liz truss's budget.ing. so it's gone up. so now she's going to have to it's going to cost more to, to borrow money to, to pay for all the public services that she wants to do and really what she should have doneis and really what she should have done is said we're going to slash public services. obviously they're communist. they're never going to do that. but what she should have done is come out, you know, like...
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Nov 24, 2024
11/24
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liz truss had actually ruined because they'd hit 4%. and now at 4.5.t apparently liz truss was the devil incarnate because because of the ruinous black hole left by the previous government black hole, they're actually getting to grips with it. >> and we're seeing results. we're seeing results . we're seeing results. >> whichever strategist came up with that phrase, the black hole deserves a raise because everyone's using it. it's quite a good line. >> i mean, it's i can repeat it again, a unique, you know, unique to this. >> they've been saying there are black holes in the accounts for years. indeed . i mean, tony's years. indeed. i mean, tony's just commented in renee and said, no, willie tonight. >> no willie. no, no, no, he let us down. >> yeah. he's not. we normally have just when we needed a willie. >> yes, david, you're a man that needs a willie. >> i wonder , could you talk >> i wonder, could you talk about the fact that i could talk about the fact that i could talk about that if you'd like. darren. let's not talk about that. that's after 9 pm.
liz truss had actually ruined because they'd hit 4%. and now at 4.5.t apparently liz truss was the devil incarnate because because of the ruinous black hole left by the previous government black hole, they're actually getting to grips with it. >> and we're seeing results. we're seeing results . we're seeing results. >> whichever strategist came up with that phrase, the black hole deserves a raise because everyone's using it. it's quite a good line. >> i mean, it's i can repeat...
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Nov 27, 2024
11/24
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former conservative prime ministers bofis conservative prime ministers boris johnson, theresa may and liz trussme out against the assisted dying bill ahead of friday's commons vote. opposition is growing with more than 1000 anglican clergy warning the legislation is , they warning the legislation is, they say, a dangerous threat to society . the cross—party, society. the cross—party, so—called wrecking amendment could see the bill scrapped before it even reaches a vote. meanwhile, sir keir starmer, the prime minister who once supported changing the law, is yet to reveal how he will vote. nhs dental services are in crisis, according to a new report, with treatment levels still millions short of pre—pandemic numbers . the pre—pandemic numbers. the national audit office says the government's dental recovery plan aiming for 1.5 million extra treatments this year, is now unlikely to meet that target. and even if it does, that's still 2.6 million fewer treatments each year than before covid critics, including mps and the british dental association, say that measures like mobile vans and dentist
former conservative prime ministers bofis conservative prime ministers boris johnson, theresa may and liz trussme out against the assisted dying bill ahead of friday's commons vote. opposition is growing with more than 1000 anglican clergy warning the legislation is , they warning the legislation is, they say, a dangerous threat to society . the cross—party, society. the cross—party, so—called wrecking amendment could see the bill scrapped before it even reaches a vote. meanwhile, sir...
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Nov 28, 2024
11/24
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it comes as three former conservative prime ministers boris johnson, theresa may and liz truss have comegainst the assisted dying bill ahead of friday's commons vote. opposition is growing, with more than 1000 anglican clergy warning the legislation is a dangerous threat to society. a cross—party, so—called wrecking amendment could see the bill scrapped before it even reaches a vote. meanwhile, sir keir starmer, who once supported changing the law, is yet to reveal how he will vote. several people nominated to roles in donald trump's incoming cabinet and administration have been targeted by bomb threats and swatting, according to the fbi. police are investigating the incident, which happened on tuesday night and this morning . tuesday night and this morning. karoline leavitt, a spokeswoman for trump's transition team, said several people have been targeted and law enforcement acted quickly to ensure their safety and ed davey is launching a bid for christmas number one with a charity single called love is enough. the liberal democrat leader is teaming up with bath philharmonia's young car
it comes as three former conservative prime ministers boris johnson, theresa may and liz truss have comegainst the assisted dying bill ahead of friday's commons vote. opposition is growing, with more than 1000 anglican clergy warning the legislation is a dangerous threat to society. a cross—party, so—called wrecking amendment could see the bill scrapped before it even reaches a vote. meanwhile, sir keir starmer, who once supported changing the law, is yet to reveal how he will vote. several...
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of the conservative party and remember, remember back when kwasi kwarteng became chancellor in liz truss'svernment? >> the labour mp? it'll come to you in a second, said he was a fake black rupa huq. >> it was rupa rupa huq, she said it about. she was suspended. >> she was suspended from the labour party over it. but no, this isn't happening to dawn butler, who's a black woman who's made this this criticism of badenoch a stupid thing to say. >> what does she mean, though? what does what >> what doe
of the conservative party and remember, remember back when kwasi kwarteng became chancellor in liz truss'svernment? >> the labour mp? it'll come to you in a second, said he was a fake black rupa huq. >> it was rupa rupa huq, she said it about. she was suspended. >> she was suspended from the labour party over it. but no, this isn't happening to dawn butler, who's a black woman who's made this this criticism of badenoch a stupid thing to say. >> what does she mean,...
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Nov 17, 2024
11/24
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they gave boris johnson, liz truss and rishi sunak dogs abuse over these issues.n online archive shows that in 2009, when rachel reeves, our first woman chancellor, how embarrassing for women, was campaigning to be an mp, her website said the following. and this is the kicker rachel has spent her professional career as an economist, working for the bank of england, the british embassy in washington and at halifax bank of scotland. oh dear. the chancellor is an economist, all right. an economist with the truth . are you concerned about truth. are you concerned about these revelations of the chancellor's past? let me know your thoughts. gb news .com forward slash your say. but first tonight's top pundits, historian and fellow of the danube institute, david oldroyd , danube institute, david oldroyd, bolt editor at large at the mail on sunday, 1494 00:10:16
they gave boris johnson, liz truss and rishi sunak dogs abuse over these issues.n online archive shows that in 2009, when rachel reeves, our first woman chancellor, how embarrassing for women, was campaigning to be an mp, her website said the following. and this is the kicker rachel has spent her professional career as an economist, working for the bank of england, the british embassy in washington and at halifax bank of scotland. oh dear. the chancellor is an economist, all right. an economist...
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Nov 27, 2024
11/24
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three former conservative prime ministers boris johnson, theresa may and liz truss have come out against assisted dying bill ahead of friday's vote in the commons . opposition is also commons. opposition is also growing, with more than 1000 anglican clergy warning the legislation is , they say, a legislation is, they say, a dangerous threat to society. a cross—party, so—called wrecking amendment could see the bill scrapped before it even reaches a vote. meanwhile, sir keir starmer, who once supported changing the law, is yet to reveal how he will vote. nhs dental services are in crisis, according to a new report, with treatment levels still millions short of pre—pandemic numbers. the national audit office says the government's dental recovery plan aiming for 1.5 million extra treatments this year, is unlikely to meet that target. even if it does, that's still a 2.6 million fewer treatments annually than before covid. critics, including mps and the british dental association, say that measures like mobile vans and dentist bonuses have failed to improve access to dental care . to improve a
three former conservative prime ministers boris johnson, theresa may and liz truss have come out against assisted dying bill ahead of friday's vote in the commons . opposition is also commons. opposition is also growing, with more than 1000 anglican clergy warning the legislation is , they say, a legislation is, they say, a dangerous threat to society. a cross—party, so—called wrecking amendment could see the bill scrapped before it even reaches a vote. meanwhile, sir keir starmer, who once...
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Nov 25, 2024
11/24
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you've only got to look at liz truss. who said, we do not like this and therefore the economy tanked. they're [000:09:25;00] [000:09:25;00]
you've only got to look at liz truss. who said, we do not like this and therefore the economy tanked. they're [000:09:25;00] [000:09:25;00]
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not by tory mismanagement of the economy, and certainly not by liz truss's mini—budget two years ago,eckless government borrowing. it's what labour governments always do they tax, spend and borrow until they run out of money and have a financial crisis. gordon brown did it. harold wilson did it twice. attlee had to devalue the pound. and we all know what happened to ramsay macdonald. as ever, let me know your views via email @gbnews. com as you know, it's thursday, so i've got my most intellectual panel gb news senior political commentator nigel nelson, and the journalist and conservative peer paul goodman. paul, let me come to you first because there is an important difference between the reaction of the gilt markets now and when liz was prime minister, because when she was prime minister, interest rates were rising across the world to deal with the inflation. now they've tended to be falling longer. rates have risen a bit, but the overall trend has been down. so you wouldn't expect rates to be at a higher level than they were two years ago. >> first of all, i was watching rachel ree
not by tory mismanagement of the economy, and certainly not by liz truss's mini—budget two years ago,eckless government borrowing. it's what labour governments always do they tax, spend and borrow until they run out of money and have a financial crisis. gordon brown did it. harold wilson did it twice. attlee had to devalue the pound. and we all know what happened to ramsay macdonald. as ever, let me know your views via email @gbnews. com as you know, it's thursday, so i've got my most...
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Nov 11, 2024
11/24
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meanwhile, that wonderful budget for growth announced by rachel reeves, which makes liz truss's budgete a masterclass in economics by comparison, has seen the obr revise down britain's growth expectations . britain's growth expectations. how can a budget for growth immediately lead to lower growth? make it make sense? well, of course it doesn't. and this week the bank of england have said that inflation will now go up slightly and will have to wait a year longer than previously expected for prices to reach the target of 2%. how this is a win for the country is anyone's guess. meanwhile, farmers have been thrown under the tractor with an inherent inheritance tax rate that threatens future food supply . threatens future food supply. farming is one of the hardest and least financially rewarding industries out there. i truly adore jeremy clarkson, a total hero, but the only real money that he makes at diddly squat is the fat check that he receives from amazon prime, who make his fantastic tv show. our farmers. that's right. real farmers are true national heroes . and the true national hero
meanwhile, that wonderful budget for growth announced by rachel reeves, which makes liz truss's budgete a masterclass in economics by comparison, has seen the obr revise down britain's growth expectations . britain's growth expectations. how can a budget for growth immediately lead to lower growth? make it make sense? well, of course it doesn't. and this week the bank of england have said that inflation will now go up slightly and will have to wait a year longer than previously expected for...