rachel reeves has riahtl overhaul the system? rachel reeves has rightly said _ overhaul the system? rightly said that _ overhaul the system? rachel reeves has rightly said that we _ overhaul the system? rachel reeves has rightly said that we will - overhaul the system? rachel reeves has rightly said that we will not - has rightly said that we will not set out plans that we can't explain how they're going to be funded. and we have done that across the board, whether that be in the nhs or in policing. we have explained how everything we say will be fully funded and that's really important. butjust funded and that's really important. but just on asylum funded and that's really important. butjust on asylum for example, at the moment today's figures show that 56,000 people are now in asylum hotels. that is 10,000 more than when rishi sunak promised to end asylum hotel use. that is a shocking figure and it is costing the taxpayer of £8 million a day. that is around £3 billion a year. we could save that money because we would end asylum hotel use and clear the asylum backlog. it would incl

rachel reeves has already stolen the _ soon. rachel reeves has already stolen the idea _ soon. you do strictly, like ed balls. will use try for your seat, because it will be close? it use try for your seat, because it will be close?— will be close? it will be a tough fiuht, m will be close? it will be a tough fight. my seat _ will be close? it will be a tough fight, my seat was _ will be close? it will be a tough fight, my seat was marginal i will be close? it will be a tough i fight, my seat was marginal when i run it in 2005, the boundaries have changed. i believe i can win it but i don't underestimate the challenge and i'm out knocking on doors every week. i have a fantastic team and to use that phrase, to do what it takes. ~ ., ., ., .., takes. we have that on the record, ou think takes. we have that on the record, you think you _ takes. we have that on the record, you think you will— takes. we have that on the record, you think you will win _ takes. we have that on the record, you think you will win but - takes. we have that on the record, you think you will win but it - t

, - labour signs up to that are not in the mind of rachel reeves, i - the mind of rachel reevesn a real— because i think public services are in a real state. i think we need to have _ in a real state. i think we need to have a _ in a real state. i think we need to have a proper conversation about tax and how _ have a proper conversation about tax and how we — have a proper conversation about tax and how we found that.— have a proper conversation about tax and how we found that. soumaya, some other figures — and how we found that. soumaya, some other figures on — and how we found that. soumaya, some other figures on migration, _ and how we found that. soumaya, some other figures on migration, how- and how we found that. soumaya, some other figures on migration, how do - otherfigures on migration, how do you think that's changed the government's mood? the you think that's changed the government's mood? the news story was much higher— government's mood? the news story was much higher migration _ government's mood? the news story was much higher migration numbers| was much higher mi

rachel reeves.y but they remain at a historic high. forthe today but they remain at a historic high. for the 1.5 million people looking — high. for the 1.5 million people looking to _ high. for the 1.5 million people looking to refinance their mortgages next year. _ looking to refinance their mortgages next year, that will mean an average an additional £220 every single month — an additional £220 every single month. so an additional £220 every single month. . an additional £220 every single month. , ., , ., , month. so interest rates are staying where they are- _ month. so interest rates are staying where they are. growth _ month. so interest rates are staying where they are. growth looking - month. so interest rates are staying where they are. growth looking like | where they are. growth looking like it's not going any higher. that's not looking good for the general election, is it, how are you going to grow the economy? the election, is it, how are you going to grow the economy?— election, is it,

rachel reeves. let's talk _ place at the next election. rachel reeves.ction. rachel reeves. let's talk to liz - place at the next election. rachel reeves. let's talk to liz gentle, l reeves. let's talk to liz gentle, labour shadow secretary of state for work and pensions to the chancellor says this is about getting people back into work and he says it's not an statement for growth or do you agree? an statement for growth or do you auree? ., , ., ., agree? no,, the statement laid bare how families — agree? no,, the statement laid bare how families are _ agree? no,, the statement laid bare how families are worse _ agree? no,, the statement laid bare how families are worse off _ agree? no,, the statement laid bare how families are worse off because l how families are worse off because the country is worse off. under this parliament, we now know that we will see the biggest fall in living standards since records began. and that, despite the announced tax cut, the tax burden is still going to be the tax burden is still going to be the highest for 70 years. th

we heard from rachel reeves, _ of us would hope.l reeves, shadow chancellor. pretty damning in her assessment of what she heard. she said this is the 11th economic growth plan, the fifth prime minister, the seventh chancellor, and the ninth business secretary, she says, does anything work better now than when the conservatives came to power 13 years ago. that will resonate with a lot of people? it ago. that will resonate with a lot of people?— of people? it well, it was odd she was saying _ of people? it well, it was odd she was saying this — of people? it well, it was odd she was saying this is _ of people? it well, it was odd she was saying this is an _ of people? it well, it was odd she i was saying this is an overstatement, the last gasp of a cynical government, but we will also keep everything announced, it was very good news that they said they would commit to the expensing policy, that gives businesses certainty to investor, no matter what has happened in the election. we have needed certainty since 2017, and certainty about

aren't rachel reeves . yours.e of the g7 when it comes to economic growth under the tories. we are more world following than world beating and let's look at how their record on growth compares to labour's record on growth under the conservative gives gdp growth has averaged 1.5% per yeah growth has averaged 1.5% per year. but with labour it grew an average of 2% a year. in the 13 years that we were last in office, it's had the economy continue to grow at the rate it did with labour, it would now be £150 billion bigger. so what is this government's economic record is lower growth and higher borrowing , with debt more higher borrowing, with debt more than doubling now at almost 100% of gdp. this is a product of their failures over 13 years. a tory government that has failed on growth, failed on debt , on growth, failed on debt, failed on levelling up and failed on levelling up and failed on levelling up and failed on the cost of living too . and now they expect the british people to believe that when they say they a

will pick up _ but don't worry, rachel reeves will pick up the — but don't worry, rachel reeves pick up the tab. it begs the question who wants to - pick up the tab. it begs the question who wants to win | pick up the tab. it begs the i question who wants to win the election. it is not home baked problems, the world economy is not stable. and they doubled down on that uncertainty. band stable. and they doubled down on that uncertainty.— stable. and they doubled down on that uncertainty. and that exposed the fact that _ that uncertainty. and that exposed the fact that the _ that uncertainty. and that exposed the fact that the economy, - that uncertainty. and that exposed the fact that the economy, coming | the fact that the economy, coming back to prepandemic levels until 2018. that is a big task. that is more than the term of a parliament. that is the thing, yeah, in some waysm — that is the thing, yeah, in some waysm i— that is the thing, yeah, in some ways... i don't think it is going to be a _ ways... i don't think it is going to be a 92 _ ways... i don't think it is going to

admire rachel reeves, she'd wonder whether, of people do admire rachel reeves, she'd be nder whether, she'd be a better leader of labour party than leader of the labour party than keir jerry no, it's keir starmer. jerry no, it's very difficult. >> you control a party >> how can you control a party like that? >> a female leader, by the way? >> yeah, there is absolutely. i'm you mentioned that i'm glad you mentioned that because it time labour had because it is time labour had a female leader. considering they specialise in identity politics. female leader. considering they spe(no,se in identity politics. female leader. considering they spe(no,se i|no. entity politics. female leader. considering they spe(no,se i|no.5ntity |minister but no, no, no. prime minister or colour or female or or leader of colour or female or a transgender leader. or leader of colour or female or a trwell, nder leader. or leader of colour or female or a trwell, that'seader. or leader of colour or female or a trwell, that's just r. matter of time. >> perhaps. perhaps that's another u—turn that can look another u—

admire rachel reeves, she'd wonder whether, of people do admire rachel reeves, she'd be nder whether, she'd be a better leader of labour party than leader of the labour party than keir jerry no, it's keir starmer. jerry no, it's very difficult. >> you control a party >> how can you control a party like that? >> a female leader, by the way? >> yeah, there is absolutely. i'm you mentioned that i'm glad you mentioned that because it time labour had because it is time labour had a female leader. considering they specialise in identity politics. female leader. considering they spe(no,se in identity politics. female leader. considering they spe(no,se i|no. entity politics. female leader. considering they spe(no,se i|no.5ntity |minister but no, no, no. prime minister or colour or female or or leader of colour or female or a transgender leader. or leader of colour or female or a trwell, nder leader. or leader of colour or female or a trwell, that'seader. or leader of colour or female or a trwell, that's just r. matter of time. >> perhaps. perhaps that's another u—turn that can look another u—

rachel reeves. the total amount of tax the government _ rachel reeves.up, taxes up, debt is up, and, mr speaker, their time is up. mr hunt was appointed chancellor by liz truss, to clear up after her disastrous mini budget. today, the government hope is a corner, economically and in the polls, can be turned. we will talk about some of the announcements injust a we will talk about some of the announcements in just a second with our political correspondent. as well as the tax and spending plans, we also have forecasts for how the economy will fare in the years ahead. during the speech, the chancellor revealed the latest forecast. these are from the independent office for budget responsibility. let me run you through the numbers. they have downgraded their forecasts. they say the economy will only grow by 0.6% this year, and by 0.7% next year. they have also said that inflation is forecast to fall, it will fall to 2.8%, they say, by the end of next year, falling to 2%, that is the target. but it won't do that until the year 2025. the office for budget respo

whether you jot of difference whether you have a conservative chancellor jeremy hunt, myself, rachel reevess, reeves, whoever it then it does, i'm afraid, bit a i'm afraid, become a bit of a pantomime. unelected pantomime. if these unelected bodies essentially ones bodies are essentially the ones driving there's no driving policy and there's no judgement it it judgement to it, is it that it becomes a formulaic process that the obr tells you what room you've manoeuvre? you've got for manoeuvre? >> things about bit. >> you move things about a bit. that's nigel lawson, that's right. but nigel lawson, who view is one of the who in my view is one of the great respect him, he didn't do that. they didn't. that. no they didn't. >> they had much wider range. but it's unfair. but but actually it's unfair. i think to the obe. if think, to pick on the obe. if you look across policy, i mean, the department that we both headed bays, all these departments constrained in a departments are constrained in a way by things like judicial review , all sorts worthy review, all sorts of worthy things, quangos , no

we heard from rachel reeves, shadow chancellor.e reaction as we start to be able to examine the detail of that autumn statement. joining me now is carla denyer, co—leader of the green party. 0ne one of the big headline announcementsjeremy hunt will be hoping gets a lot of pick—up is the idea of a cut in national insurance. he says it will make us feel better off. already, a lot of criticism that this is a tax cut that isn't really a tax cut. just explain? that's right, clearly, the tories are going for positive headlines around the cut to national insurance. because they have frozen the thresholds for both national insurance and income tax, it is not going to work out that way for the vast majority of working people. i'm sure the analysts are busy crunching the numbers right now, but based on the numbers right now, but based on the rumours that were around before this the resolution foundation said earlier this week that it is only the 20% highest income who are going to actually see this as a tax cut. for the remaining 80%, the va

however the shadow chancellor, rachel reeves , said chancellor, rachel reeves, said growth had hit aases worth the equivalent of a 10% increase in national insurance. >> so today's to be cut will not remotely compensate for their tax increases. already put in place by this conservative government. the fact is that taxes will be higher at the next election than they were at the last this is the legacy of the conservatives . conservatives. >> well, earlier the labour leader asked if the prime minister had forgotten the nhs as he took aim at the government's five pledges. sir keir starmer said the prime minister's talks of tax cuts, while more than double the population of wales. he said , population of wales. he said, were on the nhs waiting list in england . rishi sunak said he's england. rishi sunak said he's put record spending into the nhs . he's now away from politics. today. four men have been given life sentences with minimum terms to serve of between 41 and 47 years for the murder of a woman in liverpool 28 year old ashley dale was killed when james witham forced his way into h

here is rachel reeves. well, the truth is despite _ here is rachel reeves.hey i end of this parliament than they were _ end of this parliament than they were at— end of this parliament than they were at the _ end of this parliament than they were at the last _ end of this parliament than they were at the last parliament. i end of this parliament than they| were at the last parliament. and people _ were at the last parliament. and people can't— were at the last parliament. and people can't see _ were at the last parliament. and people can't see that _ were at the last parliament. and people can't see that in- were at the last parliament. and people can't see that in their. were at the last parliament. and i people can't see that in their bank balances — people can't see that in their bank balances. going _ people can't see that in their bank balances. going into— people can't see that in their bank balances. going into the _ people can't see that in their bank balances. going into the autumn i balances. going into the autumn statement — balances. going into t

claimed that mantle. ., ., , stopping rachel reeves claimed that mantle. .. .. , ., stopping rachelill be a change which isjust_ think there will be a change which isjust ridiculous _ think there will be a change which isjust ridiculous because - think there will be a change which isjust ridiculous because this - think there will be a change which isjust ridiculous because this is l isjust ridiculous because this is the fourth — isjust ridiculous because this is the fourth or— isjust ridiculous because this is the fourth or fifth _ isjust ridiculous because this is the fourth or fifth reshuffle - isjust ridiculous because this is the fourth or fifth reshuffle of l the fourth or fifth reshuffle of rashica — the fourth or fifth reshuffle of rashica make _ the fourth or fifth reshuffle of rashica make you _ the fourth or fifth reshuffle of rashica make you lose - the fourth or fifth reshuffle of rashica make you lose count. the fourth or fifth reshuffle of - rashica make you lose count. rishi sunak— rashica make you lose count. rishi sunak has— rashica make you lose count. rishi sunak

says has rachel reeves says growth has hit a dead end under the tories. all of that and much, much more. but first, the news with polly middlehurst . middlehurst. >> chris, thank you and good evening to you. well, our top stories tonight, a raft of tax cuts and benefits increases aimed at making 27 million people better off was announced today by the chancellor in the biggest change outlined in his autumn statement. jeremy hunt said national insurance will be cut from 12 to 10. the triple lock on pensions will be kept taking the state pension up by 8.5% to more than £220 a week, and taxes on alcohol will be frozen until august 1st next yean frozen until august 1st next year, meaning there'll be no increase in duty on beer, cider wines or spirits. >> instead, i'm going to go further and cut the main rate of employee national insurance by two percentage points from . 12% two percentage points from. 12% to 10. >> that change will help 27 million people. >> it means someone on the average salary of £35,000 will save over £450 for the average nurse . it's a sa

rachel reeves with her thoughts on the new covenant to discuss all of that little more, i am joined byr bbc political correspondence. it is like musical chairs of political correspondence! if you moments ago, let us talk about the reaction from the other parties, we heard from rachel reeves and the lib dems yesterday, it is unsurprising that the opposition parties are going to be critical of a new cabinet because all parties, no matter who you are, criticise each other but what are the main concerns from the opposition parties about this appointment? i concerns from the opposition parties about this appointment?— about this appointment? i think the bi est risk about this appointment? i think the biggest risk for _ about this appointment? i think the biggest risk for rishi _ about this appointment? i think the biggest risk for rishi sunak - about this appointment? i think the biggest risk for rishi sunak is - about this appointment? i think the biggest risk for rishi sunak is that l biggest risk for rishi sunak is that he has been talking about being the change candidate which in a way

says has rachel reeves says growth has hit a dead end under the tories. all of that and much, much more. but first, the news with polly middlehurst . middlehurst. >> chris, thank you and good evening to you. well, our top stories tonight, a raft of tax cuts and benefits increases aimed at making 27 million people better off was announced today by the chancellor in the biggest change outlined in his autumn statement. jeremy hunt said national insurance will be cut from 12 to 10. the triple lock on pensions will be kept taking the state pension up by 8.5% to more than £220 a week, and taxes on alcohol will be frozen until august 1st next yean frozen until august 1st next year, meaning there'll be no increase in duty on beer, cider wines or spirits. >> instead, i'm going to go further and cut the main rate of employee national insurance by two percentage points from . 12% two percentage points from. 12% to 10. >> that change will help 27 million people. >> it means someone on the average salary of £35,000 will save over £450 for the average nurse . it's a sa

let's listen to shadow chancellor rachel reeves to get her perspective.ment is going to help them pay for the weekly food shop, pay the energy bills, get a doctor's appointment. and i think the answer is that this sort of out of touch, out of ideas conservative government and the changes brought in yesterday isn't really going to make a difference to people's day to day lives. it's not the change that our country is crying out for and that can only be offered by a general election and a fresh start with a labour government. going back four prime ministers ago and bringing the guy back who once promised stability but actually unleashed a decade of chaos, i am not sure that that is either competent or the change that rishi sunak promised the country, but he is failing to deliver. shadow chancellor rachel reeves saying this is more of the same, and almost the opposite of what rishi sunak was saying around the cabinet table, that this is a change cabinet. to discuss this further and joined in downing street by our political correspondent peter saull. as we li

the shadow chancellor of the exchequer, rachel reeves.al amount of tax the government is taking from the economy is still growing, as labour immediately pointed out. going into this statement, the government had already put in place tax increases worth the equivalent of a iop increase in national insurance. so today's 2p cut will not remotely compensate for the tax increases already put in place by this conservative government. whatjeremy hunt did not say was that official figures for how much the economy may grow next year and the year after have been revised — down. does anything in britain work better today than when the conservatives came into office 13 years ago? no! we all know that working people are worse off under the conservatives. with growth down, mortgages up, prices up, taxes up, debt is up, and, mr speaker, their time is up. mr hunt was appointed chancellor by liz truss, to clear up after her disastrous mini budget. today, the government's hope is a corner — economically and in the polls — can be turned. damian grammaticas,

the only thing i'd say about rachel reeves about this rachel reeves situation know situation is thaty plagiarism is what you'd say with a book. >> well, you controversial one. you would lift bit a you would indeed lift a bit of a lift a bit there. >> you know, wikipedia. >> you know, wikipedia. >> we call it, wikipedia. >> it's less time consuming than having to write yourself. having to write it yourself. >> i always try to >> but the point i always try to get over people that in a get over to people is that in a tory the chancellor tory government, the chancellor is member the is a pivotal member of the cabinet. it's true, cabinet. but surely it's true, isn't that a labour isn't it, that in a labour government great deal of the government a great deal of the finance is finance going into the party is not the cabinet, not controlled by the cabinet, it's controlled trade unions it's controlled by trade unions who are huge donors to the party, and those trade unions themselves will have a terrific influence on labour party policy, which rachel reeves will not really be able to hit bac

, is >> well, rachel reeves, is today's union jackass. well done, you. and thank you to everybody who's been and listening . been watching and listening. i'll you tomorrow i'll see you tomorrow at nine. hello again. a window of fine weather to come over the next 24 hours. that is once any further showers have eased overnight. a lot of cloud continuing at first, but then clearing skies are arriving from the north and northwest as a ridge of high pressure builds in from the northwest. >> but still, we've got low pressure close by. that's continuing to bring some cloud and some rain or showers, especially across eastern parts of the country. >> eastern scotland seeing those showers into eastern showers push into eastern england overnight. a lot of low cloud associated with these showers as well. showers showers as well. some showers continuing across and west continuing across north and west wales, southwest wales, parts of southwest england these will england as well. but these will ease. so for many, it's turning dner ease. so for many, it

, is >> well, rachel reeves, is today's union jackass.done, you. and thank you to everybody who's been and listening . been watching and listening. i'll you tomorrow i'll see you tomorrow at nine. hello again. a window of fine weather to come over the next 24 hours. that is once any further showers have eased overnight. a lot of cloud continuing at first, but then clearing skies are arriving from the north and northwest as a ridge of high pressure builds in from the northwest. >> but still, we've got low pressure close by. that's continuing to bring some cloud and some rain or showers, especially across eastern parts of the country. >> eastern scotland seeing those showers into eastern showers push into eastern england overnight. a lot of low cloud associated with these showers as well. showers showers as well. some showers continuing across and west continuing across north and west wales, southwest wales, parts of southwest england these will england as well. but these will ease. so for many, it's turning dner ease. so for many, it's tur

>> i think rachel reeves would say to me, you can't write my budgets . steve mccabe but budgets.something we'd want to look at because it isn't fair and we know it isn't fair. >> can i ask you about how it's been over the last 4 to 5 weeks chairing the labour friends of israel group and obviously we've seen a lot of infighting within the labour party , see some the labour party, see some demands for a ceasefire on one side. keir starmer holding the line on resisting that, talking about humanitarian pauses, which to be fair, we've seen the results of this weekend , but is results of this weekend, but is it difficult to keep the labour party together on this really important issue? steve well, i mean, as you see, we have seen mean, as you see, we have seen some mean, as you see, we have seen some benefit outs in the last couple of days and i think we're all praying that that will lead to something better and that's certainly the strategy we've been supporting and i think it is difficult for labour mps who live in areas where there are larger muslim numbers of stituents. >> but i me

. >> the shadow chancellor, rachel reeves, says people have been waiting far too for long tax cuts. > the cost of living crisis has really hit working families. they've had more of their money taken in taxes. they've had more of their money taken in taxes . the highest tax taken in taxes. the highest tax burden in 70 years, 25 tax rises just in this parliament. inflation eating into wages as well , and inflation eating into wages as well, and higher mortgages and rents. so i want taxes on working people to be lower. but i would say to the prime minister and the chancellor, you've had 13 years. we've got the highest tax burden in 70 years. this is too little and too late . too late. >> boris johnson has been heavily criticised by his former chief scientific adviser. sir patrick vallance described the former prime minister as weak and indecisive in a daily diary entry and has told the covid inquiry he's not convinced there was an effective operation response to limit the spread of the virus . as he described the the virus. as he described the scale of test and trace facilities as inadeq

the truth is sir keir starmer and rachel reeves tried to block or opportunistically oppose almost everyrse, continuing the big government, big spending approach of the pandemic and promising to borrow a further £28 billion a year. this makes the same economic mistake as last year's mini budget, blowing tens of billions of pounds on unfunded spending isjust tens of billions of pounds on unfunded spending is just as dangerous as glowing tens of billions of pounds on unfunded tax cuts. it's taking the easy way out and the result is the same. higher inflation, financial and security and morejets inflation, financial and security and more jets for our children and grandchildren. you know i won't allow that to happen. i was willing to resign from the previous government over this. i was even willing to lose a leadership election over this. so you had better believe me when i say the difference is real. i will do what is necessary to get our debt down and provide financial security. the second decision that we are taking is to cut tax and reward hard work. i want to cut taxes. i believe in cut

speculation he might put them up by a lower rate to save money and that was put to the shadow chancellor rachel reevest she thinks should happen. in government i will use the september inflation to uprate benefits. you will always commit to using the september... it's the right thing to do. if you pick and choose year to year which inflation number is the cheapest thing to do what you see is the gradual erosion of people's incomes and half of the people who are claiming universal credit, around half of them are in work and this is to top up low pay an insecure work. i don't think the government should pick and choose for them. they have a responsibility to ensure that everybody can afford, in a civilised country, to put food on the table and pay their bills and sadly for too many people after 13 years of conservative government, they are worse off. i think it's fair to say listening to those interviews, the conversation has shifted from there it was a few months ago towards the conversation about tax cuts but exactly what form they will take over when they will come into play, whether this will be som

well the shadow chancellor, rachel reeves , says chancellor, rachel reeves, says people have been waiting far too long for tax cuts. >> the cost of living crisis has really hit working families. >> they've had more of their money taken in tax is the highest tax burden in in 70 years. 25 tax rises just in this parliament. inflation eating into wages as well, and higher mortgages and rents. so i want taxes on working people to be lower. but i would say to the prime minister and the chancellor , you've had 13 years. chancellor, you've had 13 years. we've got the highest tax burden in 70 years. this is too little and too late for men have been convicted of murdering a woman who was shot with a machine gun in liverpool. >> ashley dale died. she was found with a gunshot wound in her last year. her garden in august last year. the year old was killed when the 28 year old was killed when james witham forced his way into her and opened fire. sean her home and opened fire. sean zeiss nalbari and joseph pierce were also found guilty of her murder . the israeli city of tel murder. the israeli city of

well the shadow chancellor, rachel reeves , says chancellor, rachel reeves, says people have been waiting far too long for tax cuts. >> the cost of living crisis has really hit working families. >> they've had more of their money taken in tax is the highest tax burden in in 70 years. 25 tax rises just in this parliament. inflation eating into wages as well, and higher mortgages and rents. so i want taxes on working people to be lower. but i would say to the prime minister and the chancellor , you've had 13 years. chancellor, you've had 13 years. we've got the highest tax burden in 70 years. this is too little and too late for men have been convicted of murdering a woman who was shot with a machine gun in liverpool. >> ashley dale died. she was found with a gunshot wound in her last year. her garden in august last year. the year old was killed when the 28 year old was killed when james witham forced his way into her and opened fire. sean her home and opened fire. sean zeiss nalbari and joseph pierce were also found guilty of her murder . the israeli city of tel murder. the israeli city of

the shadow chancellor rachel reeves spoke on bbc breakfast earlier.te the announced tax cuts yesterday, working people are going to be paying more taxes at the end of this parliament than they were at and people can see that in their bank balances. going into the autumn statement yesterday there had been an equivalent of a 10p increase in national insurance through all of the fiscal drag, people being dragged into paying taxes, paying higher rates of tax, and the chancellor gave back 2p yesterday. people are still worse off because of tax increases, high inflation and higher mortgage payments as well. the chancellor has described changes to the benefits system as the "biggest set of welfare reforms in a decade". aidan wood from pentrebane in wales will receive £100 extra each month when the increase comes into effect, but had concerns about plans for "sanctions" for those struggling to work. 0ur social affairs correspondent michael buchahan has more. eden wood's passion is music. he has more time to indulge his hobby since losing hisjob in retail last

and so rachel reeves to be very, very reeves has to be very, very steady and cautious about the idearrowing and spending more money. now a lot of people on the left of her party think the whole point of government is to borrow and spend money. to borrow and spend more money. that's ideological that's their ideological preference the state to preference, is for the state to get but £2.6 trillion in get bigger. but £2.6 trillion in debt already and the tax burden at 70 year high, it's going to be tough. so at the moment, this is a honeymoon period for labour . the tories are self—imploding, labour are well ahead in the polls. certainly from my visits to conferences, the to the party conferences, the labour conference a labour party conference was a lot upbeat the lot more upbeat than the conservative party conference lot more upbeat than the con! i �*rvative party conference lot more upbeat than the consl thought'arty conference lot more upbeat than the consl thought'artyleader,ence lot more upbeat than the consl thought'arty leader, keir and i thought the leader, keir starmer, much be

meanwhile, the person who hopes to take his job after the next election — shadow chancellor rachel reevesbbc that the answer is more spending on the nhs to alleviate massive backlogs. here's our economics editor, faisal islam. ahead of a crucial autumn statement next week, there are a couple of economic facts the shadow chancellor and actual chancellor agree on. people in here will be admitted to hospital... the economy has a workforce problem related to health, and in turn, a growth problem. they disagree on the surgery required. we've got to fix our nhs to get britain working again. so you see a link between the long waiting lists and the difficulty to get people intojobs? absolutely, because, for so many people, their life is put on hold whilst they are waiting for the operation or the scan or the appointment. if we can clear that backlog in the nhs, we can help start getting people back to work again. that is about fixing our nhs so we can fix our economy. a different approach at a london job centre from jeremy hunt... and is it mainly anxiety and depression? ..announcing a new policy

the shadow chancellor, rachel reeves, meanwhile, told the bbc that the answer was more spending on thestatement next week, there are a couple of economic facts the shadow chancellor and actual chancellor agree on. people in here will be admitted to hospital... the economy has a workforce problem related to health, and in turn, a growth problem. they disagree on the surgery required. we�*ve got to fix our nhs to get britain working again. so you see a link between the long waiting lists and the difficulty to get people into jobs? absolutely, because for so many people, their life is put on hold whilst they are waiting for the operation or the scan or the appointment. if we can clear that backlog in the nhs, we can help start getting people back to work again. that is about fixing our nhs so we can fix our economy. a different approach at a london job centre from jeremy hunt... and is it mainly anxiety and depression? ..announcing a new policy, £500 million a year, on support for those sick and off work, including phone apps for mental health, but also slashing the benefits of some healt

business leaders here today, their number tos or they themselves also met with keir starmer and rachel reevesness editor. just to tell you in the last few minutes, one person in the uk has been confirmed to have a strain of flu similar to viruses spreading in pigs. officials at the cap total uk health security agency say it is the first time it has been detected in the country, and close contacts are being traced. the case was detected as part of routine flu surveillance after being tested by the gp. the person affected had a mild illness and has now fully recovered. for more than a decade, a labrador called reqs was a fire investigation dog, using his remarkable sense of smell to sniff out petrol and other inflammable substances at the scenes of majorfires. well, reqs is now retired, having taken part in many arson and murder investigations in which his efforts helped put criminals behind bars. reqs was britain's longest serving fire investigation dog and has been given a prestigious award for his work, as abigail smitton reports. fire investigation dog reqs closing down for the final time,

site rachel reeves on a building site in stevenage, less.der hat. oh good. >> labour's plan to put economic stability at the heart of everything that we do and national wealth fund to invest alongside businesses in the jobs and the opportunities of the future and our reforms to the planning system, to get britain building are all about generating the economic growth and the improvements in living standards that, frankly, we haven't had for 13 years under the conservatives . the conservatives. >> i'll be honest with you, liam, i didn't listen to a word she said there because i was too busy looking at how ridiculous she looked. >> what a coincidence that she just to be on just happened to be on a building site all doing building site all day doing a bit pointing . and what do bit of pointing. and what do they that the time? they do that all the time? because because it's because it's because it's showbiz ugly people. showbiz for ugly people. patrick, now look, the patrick, you know, now look, the reality is the reality is here that the labour

we have heard from others including rachel reeves but have we heard anything from the labour party?hing from the labour party?— from the labour party? not keir starmer specifically, _ from the labour party? not keir starmer specifically, i _ from the labour party? not keir starmer specifically, i don't - from the labour party? not keir. starmer specifically, i don't think, but certainly the labour party jumping on the idea that rishi sunak is trying to talk about change, as he did at the top of the cabinet meeting, and yet he has brought back someone from the not—too—distant past and so it is difficult for him to make that argument they are also making the case that whoever is sat around that big green table in the building behind me, it doesn't matter in terms of what is happening out there in the country, what matters to voters is that after 13 years of the conservative party, peoples lives have got worse, public services or any worse state etc and these are the argument is we will hear continually over the next while towards the next general election. there's a concern about the

but in response to that, the shadow chancellor, rachel reeves, said growth in the uk had hit a dead ending into this statement, the government had already put in place tax increases worth the equivalent of a £0.10 increase in national insurance . so in national insurance. so today's to p cut will not remotely compensate for the tax increases already put in place by this conservative government . by this conservative government. the fact is that taxes will be higher at the next election than they were at the last. this is they were at the last. this is the legacy of the conservatives and the liberal democrat leader ed davey says tax payers will in fact be worse off. >> well, the conservatives have been pushing up business taxes by record amounts up until today . so i would have thought this is just another deception by the conservative ifs. they've said that they're cutting taxes for bafic that they're cutting taxes for basic rate taxpayers next year. actually, those tax payers are going to see a rise of £400 a year because of the huge rises in income tax under the conservatives. >> when

and i must just slightly push back on what rachel reeves said. confirm that the economy is going to flatline right into 2025, or even that it's likely to. the bank of england has been astonishingly gloomy, according the bank of gloomy, according to the bank of england. just six months ago, we were be in recession. were meant to be in recession. now, not saying economy now, i'm not saying the economy is gangbusters. it isn't now, i'm not saying the economy is all. gangbusters. it isn't now, i'm not saying the economy is all. we'vejbusters . it isn't now, i'm not saying the economy is all. we've had:ers. it isn't now, i'm not saying the economy is all. we've had 14; . it isn't now, i'm not saying the economy is all. we've had 14 interestt at all. we've had 14 interest rate rises. they are squeezing, borrowing that is squeezing household incomes through mortgage, higher mortgage payments. and the bank of england says hang on to your hats that only around half the impact those 14 interest rate impact of those 14 interest rate rises that we've had sin

we had the shadow chancellor rachel reeves coming out and citing 13 years of economic failure by theat actually the government has succeeded in bringing inflation down, carving inflation down, carving inflation by the end of the year. in fact it is forecast to drop a little more than that, than the original forecast, by the end of the year. nevertheless, it is really action by the bank of england and increasing interest rates thatis and increasing interest rates that is helping to move that dial but also of course easing inflationary pressures coming from outside the uk as well. but the very fact that those unfunded tax cuts were reversed, both ones brought in as suggested by liz truss, the fact that they were reversed has helped a little bit but certainly it is going to be a political football ahead i think. . ., ., ., think. indeed. what a game it will be. thank— think. indeed. what a game it will be. thank you _ think. indeed. what a game it will be. thank you very - think. indeed. what a game it will be. thank you very much | for joining forjoining us. finally, to a business that

he's rachel reeves deputy, effectively. mr jones, lovely to see you this morning.sure if you were able to hear what mr hunt was saying there. let's talk about labour's better off plan. i've got this press release in front of me. mr jones, you're saying that, first of make people better of all, you'd make people better off by £500 a year by insulating homes to make them more energy efficient? i can't quite understand the maths behind that, jones , who's paying that, mr jones, who's paying for the insulated and. the homes to be insulated and. >> well, good morning. the £500 a year saving doesn't come actually from the labour party. it comes from the energy company e.on. in evidence that they submitted to parliament. because obviously if you are able to insulate your the heat insulate your home, the heat that you produce predominantly via gas boiler, but maybe via other means , stays in your house other means, stays in your house for longer and you use less energy and so low . energy and so low. >> but you're saying that the taxpayer themselves will have to put the in

even rachel reeves who this decision. but the reason it's necessary is because the opr has downgraded growth. the u.k. may avoid recession, but it will be flirting with it all throughout next year. plus, they said the bank of england will reach its 2% target for inflation one year later. so, is this budget inflationary when the chancellor told us he would not do anything to stoke inflation elsewhere today, u.s. markets are closed due to the thanksgiving holiday. in europe we have a host of abide data do to drop this morning from france, germany, the euro area in the u.k.. at 8:30 a.m. u.k. time, sweden's bank will deliver its interest rate decision and you could get a round up of those stories on the daybreak newsletter. today they are leading with china properties as avril was talking us through. you have the dutch election on the turkish and swedish decisions coming up, we will take a look at africa's biggest economies and why central banks looks set to keep rates higher for longer. this is bloomberg. ♪ lizzy: welcome b

rachel reeves is correct in that sense. the economy is stagnant, but we have avoided a recession.rters of contracting gdp . we quarters of contracting gdp. we haven't even had one consecutive quarter. now as it happens a bit of schadenfreude. germany is in recession. in fact, the eurozone, as a whole is in recession now. almost certainly germany definitely is. it looks as if the uk is going to avoid that. >> so the eurozone is in recession. is that because of brexit? well i think germany was in the eu last time i looked, but let's not look. >> we the european union to >> we want the european union to do well. they're big trading partners of ours, aren't they? but it is interesting that the uk , it is outperforming, albeit uk, it is outperforming, albeit at a pretty low level. some of the major continental economies for now. yeah >> can i talk about apple? you can. this pertains to the european union because of course, apple moved to the repubuc course, apple moved to the republic ireland because of republic of ireland because of their favourable their very favourable corporation r

as former tory boost for labour as former tory chancellor ken clarke backs rachel and the daily rachel reeves the daily express. hate marches are a front to british values. we're going to get to that in just one moment. the guardian is leading with israel. rules out ceasefire until those until hostages are freed. those were front pages . right. were your front pages. right. we're going to kick off with saturday's express. lewis, you've got this. >> yeah. sunak says, quote unquote, hate marches are an affront to british values . sunak affront to british values. sunak wants planned protest on armistice day, which is . armistice day, which is. >> that's sunday. >> that's sunday. >> sunday. >> sunday. >> so we should clarify what are the marches? who whose marching? >> it's the people supporting hamas. it's free palestine from the jews and they want to walk they want to parade past the centre graph centre , the centre graph centre, the cenotaph, the cenotaph , which is cenotaph, the cenotaph, which is the holiest of holies for the wards. of course , many of the wards. of course, many of the peopl

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

labour's shadow chancellor, rachel reeves, has issued this statement.ing legacy on our country. as chancellor . he our country. as chancellor. he showed an extraordinary leadership and helped steward our economy during the global financial crisis . i will miss financial crisis. i will miss his advice and his counsel. but more than anything, i will miss his friendship, his kindness , his friendship, his kindness, his friendship, his kindness, his decency, his humour and his warmth. my thoughts are with maggie and their family today as they grieve their loss. the words there of rachel reeves, the shadow chancellor, and jeremy hunt has also posted on his social media account that it is a sad day . is a sad day. >> he wants to pay particular tribute to one of his predecessors, alistair darling, one of the great chancellors. he'll be remembered for doing the thing for the country he'll be remembered for doing th

but when you're growing at 1% or as now flat lining rachel reeves is right about that . type phrase, 0% growth, right . and when you've got 0% right. and when you've got 0% growth, it's very , very hard for growth, it's very, very hard for the government to make ends meet. the government has to borrow . that pushes debt borrow. that pushes up debt service . that's why it's the service. that's why it's the final thing i'll say and it is quite a shock on a day of generally good economic news, the government's now spending more tax revenue more than 10% of all tax revenue on service. quite on debt service. quite incredible . incredible. >> so is this why to some extent, rishi sunak can say , extent, rishi sunak can say, look, i made some decisions that led to this. there has been so many campaigners who've been saying give this group pay saying give this group a pay rise, give group rise, give this group a pay rise, give this group a pay rise, taxes here, increase rise, cut taxes here, increase spending there. if the if the chancellor had given doctors their 30% pay rise, i

so everybody wants to see growth up and the labour front bench rachel reeves is saying the same. political . and he's political decisions. and he's sort of pretending to have got tax down. well, he hasn't. tax is going up despite the cut in national insurance. there's a little bit here on deregulation. i welcomed around planning and those sort of things. he's got he's brought in the semblance of a back to work plan to make it harder to be on jobseeker's allowance forever. but it's pretty pretty thin gruel, really . and look i have i hold no torch for the obr. they're forecasts about what's going to happen to the economy are even worse than my forecasts about what's going to happen in football as football matches and about as scientific . but if you half scientific. but if you half believe the labour figures, well, we're nowhere near meaningful growth. we're not going annum going to cross the 2% per annum threshold at any point in the next five years. grim numbers , next five years. grim numbers, i'm afraid that's all i'm interested in your perspective here, because was saying we