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Transcripts for BBCNEWS Breakfast 20240604 05:33:00

but we went too far and too fast. i ve acknowledged that i ve put in place a new chancellor with a new strategy to restore economic stability. and now what i m focused on is delivering for the public. let s be clear, though, and blunt. your very vision for britain is dead, isn t it? what i m focused on is delivering on energy supplies, on delivering new roads, new opportunities across our country. we have to make sure, though, that we have economic stability, and that has to be my priority as prime minister. i ve acted in the national interest. i remain committed to the vision. but we will have to deliver that in a different way. and that s what i m determined to do with the new chancellor, jeremy hunt. i do think it is the mark of an honest politician who does say, yes, i ve made a mistake, i ve addressed that mistake, and now we need to deliver for people what we ve said we will deliver.

Transcripts for BBCNEWS Breakfast 20240604 06:06:00

were being thrown out. all the prime minister could do was watch and listen, as policy after policy was scrapped in an attempt to restore financial stability and the government s credibility. labour say the prime minister s apology won t undo the damage she s done. it s unlikely to be enough on its own to secure herfuture in office. jonathan blake, bbc news. we re joined now by the shadow chancellor, rachel reeves. good chancellor, rachel reeves. morning. good chancellor, rachel reeves. mornini. ., wa nted good morning. good morning. you wanted to hear good morning. good morning. you wanted to hear from good morning. good morning. you wanted to hear from the good morning. good morning. you wanted to hear from the prime - wanted to hear from the prime minister, we have now heard from her, let s get your response, what has she had to say? the her, let s get your response, what has she had to say? her, let s get your response, what has she had to say? the problem is that the damage

Transcripts for BBCNEWS Breakfast 20240604 06:00:00

again a lot more cloud. it should stay mostly dry but there could be outbreaks of rain moving in from the south as we head through the afternoon. we have still got that easterly breeze and it is turning quite unsettled, but still mild for much of the rest of the working week. that s it from me. but if you re looking for some seasonal spooky entertainment have a look at bbc london s instagram. i m back in half an hour, see you then. good morning, welcome to breakfast withjon kay and sally nugent. our headlines today. we went too far and too fast prime minister liz truss apologises for her mini budget, as the new chancellor reverses almost all of the planned tax cuts. i do want to accept responsibility and say sorry for the mistakes that have been made.

Transcripts for BBCNEWS Breakfast 20240604 05:03:00

britain is dead, isn t it? what i m focused on is delivering on energy supplies, on delivering new roads, new opportunities across our country. we have to make sure, though, that we have economic stability, and that has to be my priority as prime minister. i ve acted in the national interest. i remain committed to the vision. but we will have to deliver that in a different way. and that s what i m determined to do with the new chancellor, jeremy hunt. a low tax, high growth economy was still the prime minister s vision, she said, but it would have to be delivered differently. what about the impact of her early moves in office? lots of people are facing massive increases in mortgage payments, and analysts say at least some of that is because of what you ve done in the last five or six weeks. what do you say to them? well, look, i understand it is very difficult for families across the country. and they re blaming you.

Transcripts for BBCNEWS Breakfast 20240604 05:02:00

in an interview with the bbc, ms truss apologised for what she called mistakes over the past six weeks but she insisted she would lead the conservatives into the next general election. asked about that last night, one tory backbencher said: well, we ll have to see . here s our political correspondent, jonathan blake. inside number 10 last night, after a day in which her programme for government was largely scrapped, liz truss sat down for an interview and offered an apology. i do want to accept responsibility and say sorry for the mistakes that have been made. i wanted to act to help people with their energy bills to deal with the issue of high taxes, but we went too far and too fast. i ve acknowledged that. i ve put in place a new chancellor with a new strategy to restore economic stability. your very vision for

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