some say rachel reeves should _ retail sales. some say rachel reeves should have - retail sales.es should have cancelled her trip to china, but the government may say that may have spooked investors further. their position it is not an emergency and no need for intervention and what difference would staying have made? i difference would staying have made? ~ ., , difference would staying have made? ~ . , ., difference would staying have made? ~' . , . . made? i think that is a fair assessment. _ made? i think that is a fair assessment. but - made? i think that is a fair assessment. but i - made? i think that is a fair assessment. but i think. made? i think that is a fair i assessment. but i think what she could have done is appeared herself in the house of commons yesterday to answer the urgent question with respect to the bond markets and not send her deputy. she is giving the impression of being missing in action and that is never a good look when your competence is in question. look when your competence is in cuestion. . ~ look when your competence is in cuestion. ., ~ , ., let

well, rachel reeves has gone to china.unny to see if anything she does there is in front of the same golden boat. well, certainly it's creating as many headlines, this trip, as that one you're talking about. so we'll discuss that on saturday's newscast. newscast. newscast from the bbc. hello, it's laura in the studio. and it's paddy in the studio. and it is saturday, and we are talking about china for a good, serious reason, because rachel reeves is off on her travels, trying to, you know, warm up the connections in order to do business with china, which is, you know, a massive mega economy that she believes very strongly the uk cannot ignore. it's the world's second biggest economy and the uk's fourth largest single trading partner. but she goes there at a pretty sticky time when her political opponents are saying she shouldn't have gone at all. yes, she says, "not engaging with china "is no choice at all." she's written her own article in the papers today, which i've read, and here is rachel reeves explaining why she's t

much more on rachel reeves' trip to beijing i rachel reeves' trip to beijing on our website. to minus 18.9 celsius on friday. it is the uk's code this january night in 15 years and the coaches january overnight temperatures since 2010, when the temperatures dropped below —15 degrees several times at various locations across the uk, including —22.3 on the 8th of january, in at the heart. across the uk, temperatures were widely around —42 —1010 on saturday morning with some freezing in parts of the east midlands and eastern england. is a very low temperatures if you experienced them, hopefully, your 0k. a real contrast to what is happening in the united states because we are continuing to monitor those devastating fires across los angeles, where firefighters are continuing to battle them at. absolute devastation and there is a night—time curfew on going there because it is the middle of the night. will have much more updates across bbc news so do stay with us. hello again. it was a bitterly cold night across many parts of the uk. temperatures widely below freezing and we had sc

reeves might say i have -ot rachel reeves might say i have got to— rachel reeves might say i have got might say i have got to china and managed - rachel reeves might say i have got to china and managed to i rachel reeves might say i havel got to china and managed to get £120 million. _ got to china and managed to get £120 million, per— got to china and managed to get £120 million, peryear_ £120 million, per year additional— £120 million, peryear additional injection. £120 million, peryear. additional injection into £120 million, peryear- additional injection into the uk economy _ additional injection into the uk economy. that - additional injection into the uk economy. that has- additional injection into the uk economy. that has to l additional injection into the i uk economy. that has to be additional injection into the - uk economy. that has to be set against — uk economy. that has to be set against 12— uk economy. that has to be set against 12 billion _ uk economy. that has to be set against 12 billion of _ against 12 billion of additional- against 12 billion of additional payment

and massively increasing the pressure on the chancellor rachel reeves.strategy at rabobank. it has been quite a start to the year for the likes of you and others within financial markets to follow the uk economy? it markets to follow the uk economy?— markets to follow the uk economy? markets to follow the uk econom ? . . , economy? it certainly has. it was... there _ economy? it certainly has. it was... there was _ economy? it certainly has. it was... there was a - economy? it certainly has. it was... there was a lot - economy? it certainly has. it was. .. there was a lot of- was... there was a lot of terminal last week and the uk government bond market, if you look at that, it ended the week off its was level so a little sign of stability but i think the market in the uk still quite nervous, still quite vulnerable if it were to get bad news. the market watching very closely. notjust bad news. the market watching very closely. not just the political developments but also the economic developments as well. the economic data that we have this week as well.

miss reeves will be the most senior british official to visit beijing in seven years.t by labour to build bridges with china and ties have been strained in recent years, with allegations of chinese hacking and spying and its jailing approach pro—democracy figures in hong kong. ms reeves �*s tavern �*rust�* travelling to china with the governor of the bank of england and the chair of hsbc. as for what is in it for china, one of the main goals is more cooperation on financial services. china is moving up the value chain and the uk could help given its expertise in services and financial services. china is expected to be at the sharp end of donald trump's aggressive trade policy, which could result in tariffs of up to 60% on all chinese goods. chinese officials are already contending with the rapidly declining currency and a stock market sell—off and a protracted property crisis. the uk is unlikely to be able to resist taking sides, rachel reeves and a delegation may be hoping for something of an opportunity amidst those tensions. opportunity amidst those tensions-_ tensi

we heard rachel reeves making _ in particular. we heard rachel reeves making the _ in particular. reeves making the case - in particular. we heard rachel reeves making the case the i in particular. we heard rachell reeves making the case the uk is not alone in suffering this surge in borrowing costs. what is your analysis of that as a defence?— is your analysis of that as a defence? . , . defence? verifiable defence. i would say _ defence? verifiable defence. i would say it — defence? verifiable defence. i would say it is _ defence? verifiable defence. i would say it is 80-20 - defence? verifiable defence. i would say it is 80-20 in - defence? verifiable defence. i | would say it is 80-20 in favour would say it is 80—20 in favour of their argument. most of the move has been because of strong us economic data on inflation and thejobs side, we have us economic data on inflation and the jobs side, we have also heard from president—elect trump about potential for tariffs which could be inflationary, all received badly by global bond investors and the uk isjust party badly by global bo

rachel reeves high. — rachel reeves announces high.reeves announces trade agreements worth £600 million during a visit to china, but is criticised for the timing of her trip. and america's topcoat appears poised to upload a law that bans tiktok over national security concerns unless its chinese parent company sells the platform. hello. i'm leila nathoo. let's start in los angeles, where strong winds that have spread wildfires over a wide area are likely to continue for several more days. we can bring you these live pictures, where firefighters are still battling to contain the devastating wildfires. they the devastating wildfires. began on tuesday across several they began on tuesday across several different parts of the city. we've heard from fire and community officials. these are the key points from a news conference earlier. at least 11 people have been killed and the number of homes and structures that have been destroyed stands at 12,000. thirteen people are missing. the evacuation zone has been expanded around the palisades fire

rachel reeves in beijing. rachel reeves in beijing.l reeves in beijing. rachel reeves in that trip to china which has been criticised given the uk public finances situation, the ongoing turmoil, uk borrowing costs hitting a 16 year high and we fall in the value of the pound as well. rachel reeves maintaining that decision, defending her decision, defending her decision to travel to china in order to, she spoke earlier to say that she wants to improve economic ties with china. and she wants to ensure that growth will be delivered which will make working people in every corner of britain better off, as she put it. she wants that relationship to be improved. any fallout we will bring about we're going back to the ongoing fires across los angeles. we have been watching the destruction of so many homes and we have this report. they got out. that's what matters most. amid the ash and ruin, a hug from dad promises everything will be all right. even if this family doesn't yet know how. when the fires tore through altadena in the dead of night,

what is rachel reeves to do?let me give you the big picture, the labour party really contrasted themselves with the conservatives by saying remember the specter of liz truss? rachel reed has put herself in a straitjacket, she said there will be no more tax rises, no austerity, one physical event in gear and she will stick to her fiscal rules of only borrowing to invest. she has really box herself in here. this is high risk because at the october budget she left herself a big margin for error, really relying with a hope and a prayer that the economy was going to grow. we know that growth has been in the doldrums, so then after the budget, she sat down and had the yield spike and pretty much the headroom was evaporating. now we've got the global bond rout and she is really boxed in. so what is she going to do? she tried to calm the market yesterday, she's off to beijing at the weekend. that's about the long-term to try to rustle up more investment for the future, but she needs to deal with this now. she was plannin

that may cause rachel reeves have to | cause rachel reeves have to change things.— cause rachel reeves things. exactly. at the moment there _ change things. exactly. at the moment there is _ change things. exactly. at the moment there is a _ change things. exactly. at the moment there is a lot - change things. exactly. at the moment there is a lot of - change things. exactly. at the i moment there is a lot of nerves displayed on the market. we see that as well being reflected in the sell—off in the pound which is down to the lowest level since april. obviously we are not where we were when we saw the reaction in the market with liz truss in 2022 but obviously there is a lot of comparisons being drawn and i think it is fair to say that we are not at the same level but there is a level of concern and that is being reflected. there are a few months to go but the government will need to think about moving and acting in order to calm the market. part ofthe order to calm the market. part of the problem _ order to calm the market. part of the problem as _ order to calm the market. part of the

rachel reeves- _ national interest. rachel reeves. to _ national interest. rachel reeves. - president biden has criticised this week's announcement from meta that it is closing its fact—checking operations. mr biden described it as shameful. he made the comments during a wide—ranging press conference intended to highlight his record on the economy. let's take a listen. the idea that, you know, a billionaire can buy something and say, "by the way, from this point on, we're not "going to fact check anything". and you know, when you have millions of people reading, going online, reading this stuff, it is — anyway... i think it's — i think it's really shameful. president biden there. let's head to the supreme court in washington now, where the future of tiktok in the us hangs by a thread. justices have indicated that they will support banning the social media app over national security concerns unless it severs ties with its chinese parent company, bytedance, before a deadline of the 19th of january. representatives from tiktok appeared before the court on friday as the us gov

rachel reeves reeves trying to assuage the markets, did it work? lizzy: the real test is today, tom, you heard her reiterating that she will meet fiscal rules at all times. another test will come in march when the office for budget responsibility assesses if she has gotten any headroom. she has signaled that if she hasn't, she will pick spending cuts over tax rises rather than breaking those fiscal rules although notably she did not say that yesterday in public. it raises the question of if she will cut spending, how will she maintain credibility? is she going to say she will do it down the line, let's say, after three years? and will that be enough for the market? we were speaking to the former chancellor george osborne's ex-advisor, and he said if she did that, it would be a stroke of the pen, changing numbers on the page not real action. this was not the only drama at the treasury yesterday. you saw the city minister quit. she had was possibility for anticorruption, ironically, it was over a corruption probe.that she was a close ally of the prim

what is rachel reeves hoping to achieve?the prime minister's spokesman was asked did she think about suspending the trip and it was not considered being and had given -- being and had been in the diary for so long. you go back to the pint glass clinking moment with president xi and david cameron and we are a long way from that. keir starmer wants to reset relations but that golden age is not what reeves is going for at all. clearly china also needs to make some friends right now at a huge part of this will be about a focus on opportunities for the financial sector. but it does not stop the fact that the timing is risky. we are just over a week away from doll from being inaugurated. you already had some members of his team expressing concerns that maybe this will show a weak point in the special relationship. we had peter mandelson chosen to be the new u.k. ambassador to washington. he's been a long advocate of better relations with china that might not endear him to the new u.s. administration. the european union is also try

rachel reeves hopes to address this this week. with the bank of findling governor and governing council member olli rehn live in hong kong. the opening trade is next. this is bloomberg. ♪ kriti: good morning from london, i am kriti gupta alongside guy johnson and lizzy burden another blowout sending yields of the dollar's ring as p

rachel reeves under quite a bit of pressure over this trip to china given what is going on in the ukaying the trip is important for uk trade & investment. china is a uk's fifth largest trading partner with $68 billion worth of trade going from china to the uk last year. miss reeves will be the most senior british official to visit beijing in seven years and as you mentioned there is a concerted effort by labour to build bridges with china. ties have been strained in recent years with allegations of chinese hacking and spying and its jailing of pro—democracy figures in hong kong. ms reid says travelling to china with senior financial figures including the governor of seniorfinancialfigures including the governor of the bank of england and the chair of hsbc -- bank of england and the chair of hsbc —— miss reeves. as for what is in it for china, one of the main goals is more cooperation in financial services. china is moving up the value chain. the uk could help, given its expertise in services and financial services. china is expected to be at the sharp end of donald trump's aggressive

rachel reeves becomes the most senior uk official to visit china for 7 years. she says that agreements reached with china are worth £600 million to the uk over the next five years. a french woman whose father was convicted last month in a mass rape trial tells the bbc he should never be released from jail. i was so close from my father, you can't imagine how hurt it is, it was a nightmare. firefighters in los angeles are still battling to contain the massive and devastating — wildfires, that are now known to have killed 11 people. these are some of the latest developments... california's governor has ordered a review into whether water shortages have worsened the crisis — with �*critical hydrants�* believed to have failed. president biden said the scenes in burned our areas resembled "a war zone" — warning the number of dead was "likely" to rise. about 10 thousand homes and buildings are either destroyed, damaged or at risk. a night—time curfew is in force in the worst—affected areas to protect abandoned homes. and police said anyone involved in what they calle

rachel reeves announces trade agreements worth £600 million during a visit to china but is criticisedfor the timing of her trip. and america's top court appears poised to uphold a law that bans tiktok over national security concerns, unless its chinese parent company sells the platform. hello. let's start in los angeles, where strong winds that have spread wildfires over a wide area are likely to continue for several more days. these are live pictures, as firefighters battle to contain the fires, which began on tuesday in several different parts of the city. we've had updates from fire and community officials. these are the key points from their news conference. at least 11 people have been killed and the number of homes and structures that have been destroyed stands at 12,000. 13 people are missing. the evacuation zone has been expanded around the palisades fire, which has now burned more than 21,000 acres. it's now 11 percent contained. that's the area around which an effective barrier has been created, stopping it from spreading. there are now four and the forecast is for more of t

but what _ chancellor rachel reeves. but what we — chancellor rachel reeves.nment's borrowing costs _ and the government's borrowing costs which have been superhigh for multiple decades. it has eased — for multiple decades. it has eased up a little bit, but they still remain at levels that they— still remain at levels that they have been for decades. the pressure — they have been for decades. the pressure has certainly eased and with— pressure has certainly eased and with the interest rate cut expected, it does look as though— expected, it does look as though it is a bit of a brighter prospect for house—builders. we brighter prospect for house-builders. ~ ., ., house-builders. we have to leave it there. _ house-builders. we have to leave it there. thank - house-builders. we have to leave it there. thank you i house-builders. we have to l leave it there. thank you very much. we are just going to say goodbye to our viewers on bbc two. around the world and across the uk, this is bbc news. the biggest economy in the european union — germany — shrank last year — fo

rachel reeves has done a fantasticjob.he full confidence of the entire party. a stuttering economy, spiralling government borrowing costs, and plummeting approval ratings, it is little wonder that smiles in government take a little bit more work these days. wobbling markets can lead to wobbly politicians but downing street insistent tonight they are committed to rachel reeves asked the chancellor all the way until the next general election, what we are seeing here is the hard slog of a government dealing with an economy thatis government dealing with an economy that is flat lining, where it its critics are saying its decisions have made things worse, then that big picture of artificial intelligence, a revolution people say, the thing is with revolutions they up end things and there are losers, so the challenge set out today for the economy in the long—term, and the shorter term and they are big challenges indeed. chris mason our political editor thank you. 0ur chief economics correspondent dharshini david is here to tell u

rachel reeves has become the most senior official from the uk to visit china for 7 years.ive years. a french woman whose father was convicted last month in a mass rape trial says he should never be released from jail. caroleen darian — the daughter of gisele pelicot — spoke to the bbc in her first broadcast interview since the trial. hello. let's return to our top story and those fires in los angeles, where the authorities have declared a local health

this is a tricky time for rachel reeves.s, and she is under pressure over decisions she made in the budget, but there is no serious move to oust her, nor any suggestion she is at odds with the prime minister over strategy. but if those government borrowing costs stay high, there will will be tough decisions to make. on budget day, the chancellor surprised businesses with a big rise in their taxes. she said she won't do that again, so spending cuts could be on the cards if she needs to balance the books. you don't turn to cuts, certainly, because not only will that i think would be politically suicidal, it would undermine the political support on which labour got elected, but in addition to that you would be taking demand out of the economy, and you would be looking at, in doing that, turning a crisis into a recession. john mcdonald is currently suspended from labour, but his unease will be shared by some of his former colleagues. the chancellor is relying on growth, and will announce more details soon on how she hopes to mak

mil speaking about rachel reeves in china. , speaking about rachel reeves in china. �* , china.ppening in _ china. all sorts of things happening in the - china. all sorts of things i happening in the economy china. all sorts of things - happening in the economy this week, cost of borrowing has gone up. rachel reeves as a trainer to start discussions with the government there about how britain and china are improving their change and have attained about 600 millions, quite amount —— like a small amount of benefits. it should not be there with a cap in hand, as he pleaded. the trouble that government is facing on the economy is partly due to the difficult situation that they took over when they won the election. my chancellor, said that the previous government, liz truss and rishi sunak, what they did to the economy cannot be blamed. to the economy cannot be blamed-— to the economy cannot be blamed. , , blamed. the first thing they did when they _ blamed. the first thing they did when they came - blamed. the first thing they did when they came into - blamed. the first thing they i

rachel reeves keeps using the word "pragmatic."cerns, but that brings up some serious issues, because china will bristle at the mention of any human rights concerns, at the mention of allegations that it's supporting russia's war in ukraine and allegations that it's spying on the uk. it seems the meetings went well. the total value of what we have agreed today is worth £600 million over the next five years for the uk economy. the uk imports more than twice as many goods from china than it sends here. this relationship is not one of economic equals, but the chancellor for now is betting on beijing in the hope it will eventually make britain better off. laura bicker, bbc news, beijing. there have been celebrations in parts of sudan — after the army captured the eastern city of wad madani from the paramilitary rapid support forces. the leader of the rsf acknowledged the loss, but vowed to continue fighting the sudanese army until victory, even if it took another 20 years. the rsf militia, which has controlled the city for the past yea

the former uk chancellor said reeves will need to take action after the selloff in gilts >> rachel reevesblem in the budget arithmetic. she did not have room on the autumn budget nalysis. clearly the increase of the cost of borrowing which has gone up more than other governments is going to wipe out that headroom. all other things being equal, she will either have to raise more taxes or she's going to have to cut spending. i think the problem for her is that raising more taxes is likely to have a damping effect on economic growth. >> reeves returns today. it was the highest profile visit by a british politician since theresa may's trip. the the. >>> the uk named ellam toledo efficiently to lead the bloc this year. let's discuss this with our next with guest. he is sir nigel, former british ambassador to the u.s. please tour have ure to have yo show. sir, i like to see how you view the comments and criticism on the chancellor for having gone to china at a time of market turmoil when she is also trying to do her job of boosting growth. how do you assess this criticism? >> i think it was exa

chaceller rachel reeves has been facing criticism, especially from the conservatives, for travellinga during financial market turmoil at home. shadow chancellor mel stride has been speaking about this to laura kuensberg. let's listen to that interview. when this government came into office, at their fastest growth in the g7, near record levels of employment, low level of unemployment, real wages rising in each of 13 consecutive months and were brought inflation down from over 11% at its peak right the way down to bandon 2%... its peak right the way down to bandon 296. . ._ bandon 296... after an absolutely _ bandon 296... after an absolutely horrible - bandon 296... after an i absolutely horrible time, record taxation, huge debts and liz truss blowing up the economy?— liz truss blowing up the economy? liz truss blowing up the econom ? ., , ., , , economy? the real story here is that the government _ economy? the real story here is that the government set - economy? the real story here is that the government set in - economy? the real story here is that the government set in the l tha

rachel reeves becomes the most senior uk official to visit china for 7 years. she says that agreements reached with china are worth £600 million to the uk over the next five years. a french woman whose father was convicted last month in a mass rape trial tells the bbc he should never be released from jail. i was so close from my father, you can't imagine how hurt it is, it was a nightmare. in los angeles firefighters are still battling to contain those massive devastating wildfires. they've been dropping water onto the fires. in the last few hours more mandatory evacuation orders have been issued as the palisades fire continued to burn toward the 405 freeway and san fernando valley. one of the warnings is in brentwood where the us vice president, kamala harris, has a home. at least 11 people are now known to have died, and about 10 thousand homes and buildings are either destroyed, damaged or at risk. a night—time curfew is in force in the worst—affected areas to protect abandoned homes. police have warned that anyone involved in what they called "despicable" l

please welcome richard reeves.cheers and applause] ♪ ♪ well, thank you for being here. >> thank you. >> desi: i sure appreciate it. this book, "of boys and men," is a reboot of "of mice and men." correct? >> correct. i thought i would go back to literary canon and turn it into a book with so many charts in it. if you remember, "of mice and men" did not have any charts in it. this has got lots of charts in it. so much better. >> desi: i was so happy you made that change and i always felt the problem was with the mice. so you corrected that. >> i am here for you. >> desi: i guess none of these questions will work. start from the beginning. you've spent most of your career researching gender inequality, poverty, family policy, and a lot of your research lead you to write this book, which was on obama's reading list over the summer. congratulations. [cheers and applause] no big deal. i never thought i would say this but could you mansplain this issue to me? >> absolutely, i would be very happy to. i should say, it was

here's rachel reeves speaking in beijing — explaining the business reasons behind her visit.ke our country better offer. the's why i'm in china, to unlock tangible benefits for reduced businesses, exporting and trading around the world, to ensure that we have greater access to the second biggest economy in the world, and when we have these pragmatic conversations with chinese leaders, and indeed chinese businesses, we will always be acting in britain's national interest. as the uk makes an effort to work with china on trade, the us appears to be taking a more combative stance. american users are getting ready to say goodbye to the chinese—owned social media app tiktok. it's set to be banned here in just over one week — unless bytedance sells off the company in the us. tiktok�*s legal team gave theirfinal plea in hopes of overturing the ban at a us supreme court hearing on friday. they were joined by content creators, many of which rely on the platform as a means of income. president—elect donald trump has also argued against a ban. and while more than a third of americans use

five he was also speaking to laura kuenssberg and he was going after the rachel reeves who is at the on the economy this week, the cost of borrowing has gone up. rachel reeves has gone to china to try and start some discussions with the government there about how britain and china improve their trade. she's obtained about 600 million, which is quite a small amount in benefits over the next five years. mel stride said she shouldn't be there, cap in hand, as he put it, but it was put back to him that the trouble that the government is facing on the economy at the moment partly comes from the fact that they inherited a very difficult situation when they took over six months ago, won the election. and mel stride, the shadow chancellor, said that the previous governments, liz truss and rishi sunak and what they did on the economy could not be blamed for what is happening now and labour is dealing with. this is what he said. the first thing they did when they came into office was to talk the economy down in order to pitch roll, for reneging on the promises they made, particularly on tax an

for the chancellor rachel reeves it has been a tough couple of weeks and she will no doubt breathe aief. she says these are welcome figures but still too high for working families and she is fighting to put more money in the pockets of people. the tories say policies from the budget have killed growth stone dead. growth in gdp, we get that figure tomorrow, is the economy growing now? rachel reeves then goes to the snowy hills of davos for the world economic forum next week when there will be more financial animals and ski animals and she will have to convince them that her economic policies have not veered too far off piste.- veered too far off piste. thank ou, veered too far off piste. thank you. marc _ veered too far off piste. thank you, marc ashdown. _ survivors of a fatal dive boat sinking in the red sea allege that the subsequent investigation tried to cover up safety failings they believe contributed to the disaster. the sea story sank in november last year, with at least 11 people dead or missing. for more than a month, our correspondentjoe inwood has been speaking to people

the uk bond market crisis deepens — chancellor rachel reeves heads to china after the pound fell to ath low. the price of re—sale tickets for live events could be capped in the uk under the government's plan to clamp down on touts. jeff bezos�*s blue origin plans to launch its first orbital rocket on sunday — its long—awaited entry into the lucrative orbital launch market. back now to those devastating wildfires in los angeles, where it's been confirmed that at least 10 people have been killed — double the death toll previously reported. these are live pictures. the biggest fires are burning for a third night. the los angeles county sheriff says it hasn't been safe to reach many of the hardest—hit areas and the number of people who have lost their lives is definitely "going to change". weather forecasters are warning that more high winds may fan the flames further. around 180,000 people have been told to leave their homes under mandatory evactuation orders, though some peeople have ignored those orders stayed in their homes despite the dangers. let's get the latest from david willis.

the conservatives say rachel reeves budget policies have killed growth stone dead, but today's figureaction of the chief secretary to the. i think the planned change is working _ think the planned change is working and the fact that inflation is coming down is a sign — inflation is coming down is a sign of— inflation is coming down is a sign of that. it is good that inflation _ sign of that. it is good that inflation is broadly stable around _ inflation is broadly stable around the 2% target. it is good — around the 2% target. it is good that is starting to come down, — good that is starting to come down, but there is no denying the fact— down, but there is no denying the fact that many people at home — the fact that many people at home are still struggling with the cost — home are still struggling with the cost of living and we know we have — the cost of living and we know we have more work to do to help them _ we have more work to do to help them get — we have more work to do to help them get more pounds in their pockets — them get more pounds in their pockets at the end of each mon

rachel reeves has been lambasted to go to china on longer trade deelsz. deals.here is a case the media is smelling blood. there is more talk, of course, about tax rises. tax rises got us into the situation in the first place. so, i don't think we'll see the story go anywhere short-term. >> i want to share this comment from you. we have been hearing from companies and prepare the comments for the viewers. highlight the message. i found the narrative similar across all of the companies. if i take a look at what indeed said, ies slow more than similar countries. hiring headwinds. higher than the budget. this is after what the recruitment company told us earlier. when you hear all of these comments from the recruitment firms, what is the outlook, the economic outlook for the uk economy? with are we likely to see a recession this year? >> the story is the economy should pick up through the year. that is partly government spending coming in and attention on things like infrastructure and nouncements recently on a.i. were recently positively. i think these are indicati

explain to us the choices for chancellor reeves to lead to economic growth.he has been very focused on supporting growth, but where is it? >> flat lining, honestly, is where the latest data is and the forward indicators of growth from the con con federation of british industry to turn into q1. the chancellor laid out the stall in the second half of the year of the spending year concludes in june a lot of spending from the state sector. the larger part is the private sector. they are looking at the national insurance in april. i don't think at this stage the chancellor is thinking about reversing that or doubling down on tax increases. what i hear in the last few days is the treasury are looking at additional spending cuts at departmental level to try to hit those self imposed fiscal rules where the rise in gilt yields which is about 100 basis points in the curve knocks out the headroom it faced in october. >> it is a very difficult position when you think about what they are trying to do. they cornered themselves by saying they will respect their own fiscal t

this is a tricky time for rachael reeves.ver decisions she made in the budget, but there is no serious move to oust her, nor any suggestion she is at odds with the prime minister over strategy. but if those government borrowing costs stay high, there will be tough decisions to make. 0n budget day, the chancellor surprised businesses with a big rise in their taxes. she said she won't do that again, so spending cuts could be on the cards if she needs to balance the books. you don't turn to cuts, certainly, because not only will that i think would be politically suicidal, it would undermine the political support on which labour got elected, but in addition to that you would be taking demand out of the economy, and you would be looking at, in doing that, turning a crisis into a recession. john mcdonald is currently suspended from labour, but his unease will be shared by some of his former colleagues. the chancellor is relying on growth, and will announce more details soon on how she hopes to make that happen. vicky young, bbc new

. _ uk chancellor, rachel reeves, has addressed the commons for the first time since returning from hering the uk needs to go "further and faster" in search of growth. it follows days of nerves in the financial market with growing concerns over the falling pound and rising government borrowing costs. let's speak to our political correspondent, iain watson. the chancellor and a huge amount of pressure at the moment. what did she say in the house of commons? she moment. what did she say in the house of commons?— moment. what did she say in the house of commons? she is under ressure. house of commons? she is under pressure- not _ house of commons? she is under pressure. not least _ house of commons? she is under pressure. not least in _ house of commons? she is under pressure. not least in the - pressure. not least in the newspapers. the kind of speculation as to whether she can hold onto herjob as chancellor was doused down by damage to your site. the premise is that he had full confidence in her and of course a downing street official then said there would be working together right up un

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joining me now is richard reeves.s president of the american institute for boys and men and author of of boys and men why modern male is struggling, why it matters, and what to do about it. richard, nice to see you again. i cited some data. is there one data point, top of your mind, that you think kind of sums up the issue that we're here to discuss. >> yeah, for me, it's the fact that men in their 30s and 40s now who don't have a college degree, half of them don't have children in their home. and so this move towards having men in homes that don't have children in them, and particularly for working class men, it's like a very, very big change. and for me, rachel's essay and the data you've cited, it speaks to a change, an important change, which is the fact that these milestones aren't just being reached later. but for many people, they're not being reached at all. that we've gone from later, which in some ways can be a good thing to never, which is very rarely a good thing. right? taking a bit more time to get educa

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rachel reeves is doing a fantasticjob. entire party. a stuttering economy, spiralling government borrowing costs, plummeting approval ratings. little wonder smiles in government take a bit more work these days. chris is here along with our economics editor faisal islam. the prime minister is placing a lot of hope in this to boost economic growth? it of hope in this to boost economic urowth? . , , of hope in this to boost economic i rowth? ., , , ., of hope in this to boost economic urowth? ., , , ., , growth? it has been a dizzying turn around to seeing _ growth? it has been a dizzying turn around to seeing it _ growth? it has been a dizzying turn around to seeing it as _ growth? it has been a dizzying turn around to seeing it as the - growth? it has been a dizzying turn around to seeing it as the saviour l around to seeing it as the saviour of the economy and the prime minister was leaning into this. right now he faces economic wobbles and you can expect to see this in classrooms and gp surgeries and that should help to s

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have you met keanu reeves? >> stephen: have i met keanu reeves? he is going to beat me, but i' really going to try. are you ready? >> stephen: i won't try. >> ben: have you ever seen "over-the-top" with sylvester stallone? >> stephen: 100%, yes. >> ben: have you? >> stephen: you don't know about the lock, you gotta lock it in. like that. that keeps you rooted like this. this or that. >> stephen! stephen! >> ben: help a little bit. for this man, can you cheer for me i just want one person to say ben. so start it off. no, just him. my name, ben. go for it. >> stephen: chant ben! >> ben: i can't get one person to say my name. in a universe filled with stephens, there is not one ben. >> stephen: i think you're doing okay. you're never invited back. >> ben: one, two, three. i'm going to win. i know i'm going to win. >> stephen: wait a second. you started like this. ready? right up here. >> ben: he is going to do it again. this is what over-the-top happens. >> stephen: what are you doing? how are you cheating already? >> ben: i will go limp until you te

joining us mississippi governor tate reeves. welcome back. good to see you. happy new year.oubt, i mean, was there any objection to any part of mr. trump's agenda as you talked to him last night? >> well, larry thanks for having me on again. it's always good to see you. i will tell you that audiology aside, for most of us republican governors we just sincerely appreciate the fact that president trump is willing to have dialogue, sit down and talk to us. the reality is that i just finished my fifth year in office and i spent more time in meetings and talking partially to president trump in my first year in office than the other four years combined with the current administration and so president trump, as you well know from your time working in the white house, respects governors of all stripes and so whether you agree with him or not he is willing to listen to other chief executives from around the country and that's going to go a long way towards the president himself understanding the issues that we're dealing within the states and we were very grateful to have been invite

today, sterling is down once again as pressure mounts on chancellor rachel reeves.

the uk chancellor rachel reeves is in china, where she will meet the country's finance minister. growing the uk economy. conservative mps said reeves had "fled to china" as borrowing costs hit a 16—year high — but the government has defended her trip. before we go, let's take you back to los angeles, we can show you live pictures of the scene there. you can see those fires are still continuing to burn, and of course that firefighting efforts still very active. 0n firefighting efforts still very active. on this exact image we have seen helicopters flying around the area, dropping water onto some of those fires that are still burning, of course there are still several fires, five of them, that are pretty much out of control, only about 8% contained, one of them, others around 7%, around 3% for the fire in the altadena neighbourhood. this is a very active firefighting seen. the other battle in los angeles has to do with safety concerns, there have been reports of looting in areas affected by these fires. the national guard has been called into some areas, there has also been a curfe

and that will be critical given some of the immediate pressures on government spending for rachel reeves on this. pressures on the government at _ timeline on this. pressures on the government at the - timeline on this. pressures on. the government at the moment timeline on this. pressures on . the government at the moment if you think back to this government when it was first elected they came in on a promise of growing the economy as the number one mission, they said they would stabilise the economy and then grow it and now the outlook is not looking great for them. not much growth forecast currently and in recent weeks, there have been theseissues recent weeks, there have been these issues in the bond markets which have pushed up the rates of borrowing in government that has happened and the pound has falling against the dollar and criticism of rachel reeves budget coming from some at home like the president of the confederation of british industry saying that her decision to raise national insurance for employers was also suppressing, not helping companies take on more people in supp

unexpectedly slowed in december, providing some welcome relief to the under pressure chancellor rachel reeveshief secretary to the treasury darrenjones told the bbc the economy is on the right track, but that more needs to be done. i think the plan for change is working and the fact that inflation is coming down is a sign for that. it's good that inflation is broadly stable around the 2% target, it's good that it's starting to come down. there's no denying the fact that many people at home are still struggling with a cost of living and we know we have got more work to do to help them get more pounds in their pockets at the end of each month, but also to make sure we maintain the stable approach to the economy in the years ahead. police in south africa say at least 60 bodies have been recovered from a disused mine south ofjohannesburg. the stilfontein mine has been under siege since august, with the authorities cutting off food and water supplies to force people to the surface as part of a wider crackdown on illegal mining. more than a hundred people were rescued, many of whom were then arrest