The truth is taxes are still going up. People feel worse off because they are worse off. So this morning, we have one big question in what direction would labour drive the economy . The woman in charge of the partys calculator, Rachel Reeves, who wants to be the next chancellor is here. The budget promised extra cash to get more bang for taxpayers bucks in the Health Service. Well ask the health secretary, victoria atkins, what difference that will make. And whats it like when your body wont do the Amazing Things you used to do the lead singer of del amitri tells us how parkinsons hasnt stopped him taking to the stage. Morning, morning. Helping me out at the desk for the next 60 minutes, chef and green campaigner Hugh Fearnley whittingstall, john lewis boss dame sharon white, and lord michael howard, former conservative leader, and one time Shadow Chancellor, too. A very warm welcome to all of you. Making the news this morning. The sunday times says Boris Johnson went to venezuela, and Rachel Reeves unveiling her Big Business Squad including the former governor of the Bank Of England, mark carney. The observer and the Sunday Telegraph Trail ahead to the governments plans to redefine extremism. The Sunday Mirror shows esther ghey, briannas mother, starting her campaign for mindfulness in schools that she told us about in the studio a few weeks ago. And, finally, the Mail On Sunday has princess dianas brother, charles spencer, talking about his difficult childhood he will be with us next week. But what i reckon will be headlines everywhere in the next few hours. This picture released in the last half hour showing the princess of wales and her children, after weeks of frenzied speculation about her health and whereabouts. The bbc� s Daniela Relph can tell us more about that now. What has happened here . That photo ou are what has happened here . That photo you are looking what has happened here . That photo you are looking at what has happened here . That photo you are looking at has what has happened here . That photo you are looking at hasjust what has happened here . That photo you are looking at hasjust been you are looking at has just been posted on all of these social media accounts of the prince and princess of wales. The new image was taken in windsor earlier in the week. It is where the princess of wales has been recovering, at her home in windsor. The circle around her has been very small. No official photographer was brought in here. That photo of the princess with her children was taken by her husband, the prince of wales, in windsor. It is an informal image. The princess of wales appears to look well. She often releases a photo on mothering sunday. It was decided this was the moment for her to dip back into the public spotlight. Kensington Kensington Paris will be trying to prove what they have said all along, that she is doing well. She wants her recovery largely to happen in private. The guidance on when we will see her back in royal duty remains the same, but is after easter. ,. ,. ,. , easter. No doubt that picture, that imaae, easter. No doubt that picture, that image. Will easter. No doubt that picture, that image. Will be easter. No doubt that picture, that image, will be everywhere easter. No doubt that picture, that image, will be everywhere in easter. No doubt that picture, that image, will be everywhere in the i image, will be everywhere in the next few hours. Plenty of coverage on that gcioss the bbc for the rest of the day. The main event last week was jeremy hunt. You are a green campaigner, anything in it for you . An extension of the windfall tax on oil and gas companies. It is full of loopholes and encourages them not to pay the windfall tax by investing further in new gas and oil policy. It might mean something if required investments do not pay the tax were investments do not pay the tax were in renewables. They are not, they are in more gas and oil. While the rest of the economy is flatlining, the net to zero economy is growing, it is at 9 growth at the moment. I have never had the chancellor mentioning that. Still less to give a boost in the budget. Hugely disappointing. A boost in the budget. Hugely disappointing a boost in the budget. Hugely disa ointin. ~. ,. , ~ a boost in the budget. Hugely disa ointin. ~. r. , disappointing. What did you make of the budaet . Disappointing. What did you make of the budget . The disappointing. What did you make of the budget . The national disappointing. What did you make of the budget . The National Insurance| the budget . The National Insurance contributions the budget . The National Insurance contributions are the budget . The National Insurance contributions are the the budget . The National Insurance contributions are the biggest the budget . The National Insurance contributions are the biggest tax i contributions are the biggest tax cuts since contributions are the biggest tax cuts since the budget by nigel lawson cuts since the budget by nigel lawson in 1988. I Thinkjeremy Hunt did the lawson in 1988. I Thinkjeremy Hunt did the most he could do. We have the war did the most he could do. We have the war in did the most he could do. We have the war in ukraine, these things have the war in ukraine, these things have to the war in ukraine, these things have to be the war in ukraine, these things have to be paid for. I think you did the most have to be paid for. I think you did the most he have to be paid for. I think you did the most he responsibly could. We have turned a corner and i think if we carry have turned a corner and i think if we carry on have turned a corner and i think if we carry on on this path and with this plan we carry on on this path and with this plan we can see more tax cut in future this plan we can see more tax cut in future. , this plan we can see more tax cut in future. ,. ,. ,. , future. That is what people on the conservative future. That is what people on the conservative benches future. That is what people on the conservative benches are future. That is what people on the conservative benches are hoping. | future. That is what people on the conservative benches are hoping. You are a very senior figure at the treasury. We are about to talk to Rachel Reeves. What you think the outlet for hermes after the statement byjeremy hunt this week . Whoever is chancellor the next election has one of the toughest jobs in the economy, one of the toughestjobs in politics. You compare it to 1997 with tax burdens rising and confirms about Public Services and also the worry about Living Standards. When you strip out the effect of inflation, Living Standards will not have recovered their 2008 level since 2025. That is extraordinary their 2008 level since 2025. That is extraordinary. We their 2008 level since 2025. That is extraordinary. We have their 2008 level since 2025. That is extraordinary. We have talked their 2008 level since 2025. That is | extraordinary. We have talked about it a lot in the studio and we have talked about it a lot with our viewers. We will be back to you will any few minutes time. The main event wasjeremy hunts budget. There he is with his red budget box the 15th Conservative Budget in a row. Its not since 2010 that theres been a labour chancellor alistair darling. There he was, one of the mentors of Rachel Reeves. She hopes it wont be too long before she gets the job. Lets talk to her about that and what she might do if labour wins the election, which is still an f. Election is a long way away, in political terms at least. Lets talk about the National Wealth fund. The idea is the government would stump up idea is the government would stump up £7 billion to encourage the private sector to start to put money in. You have the former bank of England Governor Mark carney and the Chief Executive of barclays. The National WealthChief Executive of barclays. Tue National Wealth fund Chief Executive of barclays. Tte National Wealth fund is Chief Executive of barclays. Tt9 National Wealth fund is a key component of our growth plan. Britain has never had a National Wealth fund before. The idea is to lavage in private Sector Investment, alongside a Government Endowment to invest in some of theirjobs and industries of the future, from Carbon Capture and storage to Green Hydrogen and steel. Areas where we can be a world leader and have good jobs paying a decent wage for britain. Start to bring energy bills down and also boost our Economic Security by boosting our Domestic Energy security. I am really pleased that what businesses can see is that labour has a serious plan. We are determined to getting that private Sector Investment. They want to work with me and the labour party on how we can get that up and running if we are fortunate enough to win the next election. ,. , are fortunate enough to win the next election. ,. ,. , election. You said this was about caettin election. You said this was about getting green election. You said this was about getting green energy and election. You said this was about getting green energy and jobs. L election. You said this was aboutj getting green energy and jobs. If thatis getting green energy and jobs. If that is what you are really trying to do, why did you ditch your big promise to spend £28 billion a year on that . ~. , ,. ,. On that . When i announce to cut Interest Rates on that . When i announce to cut Interest Rates by on that . When i announce to cut Interest Rates by zero on that . When i announce to cut Interest Rates by zero point on that . When i announce to cut Interest Rates by zero point 196. I on that . When i announce to cut i Interest Rates by zero point 196. We Interest Rates by zero point 1 . We havent had the liz truss and Kwasi Kwarteng budget. The damage the conservatives had done for the economy will affect what an incoming Labour Government can do. I have been working with businesses to look at how we can lavage in private Sector Investment to do the things we want to do and need to do to get our economy growing. Unless we can grow the economy and boost productivity and investment, we have not got a chance to turn round their Living Standards that sharon white was just talking about. I am determined to be the chancellor that lifts Living Standards while investing again in Public Services. You said you had to be honest with people. I know that is what the us want. I am sure you are pleased that the tories took your plan to close loopholes. Called non doms. That Decision Byjeremy hunt easier to billion quid short for the nhs. Where will that £2 billion come from . Tt where will that £2 billion come from . ,. , where will that £2 billion come from . ,. , from . It is humiliating that in the final budget from . It is humiliating that in the final budget of from . It is humiliating that in the final budget of the from . It is humiliating that in the final budget of the chancellor, i final budget of the chancellor, there have been 15 budget since the conservatives had come to office, it has taken them this long to abolish a gaping loophole in the tax system. Where are you going to get that money from . The where are you going to get that money from . Where are you going to get that mone from . , ,. , money from . The government made this Announcement Money from . The government made this announcement on money from . The government made this announcement on wednesday. Money from . The government made this announcement on wednesday. I money from . The government made this announcement on wednesday. I am announcement on wednesday. I am going through all the government documents to identify the Funding Stream to one of those commitments. That is to reduce Nhs Hospital Waiting List by 2 million a year, additional dental appointments as well as free Breakfast Clubs in Primary Schools. We will do that in an orderly way. Keir Primary Schools. We will do that in an orderly way an orderly way. Keir starmer says, brin the an orderly way. Keir starmer says, bring the election an orderly way. Keir starmer says, bring the election on an orderly way. Keir starmer says, bring the election on in an orderly way. Keir starmer says, bring the election on in may. An orderly way. Keir starmer says, bring the election on in may. He i bring the election on in may. He says that labour is ready. This plan was well trailed. You are not ready on it, are you . The was well trailed. You are not ready on it. Are you . Was well trailed. You are not ready on it, are you . The government made its announcement on it, are you . The government made its announcement on on it, are you . The government made its announcement on wednesday on it, are you . The government made its announcement on wednesday and l on it, are you . The government made | its announcement on wednesday and it is now sunday. I am doing the work properly and not plucking numbers out of the air. I was methodically going through all of the documents to identify the Funding Stream so all my friends add up. If there is one thing you and your viewers know about me, all of my manifesto will be fully costed and fully funded, including this pledge. I will be doing the work properly as i always doing the work properly as i always do to make sure my sums add up. Willie cut Capital Gains tax on second homes sales . Will you cut . The government is trying to do that to provide more homes for people. When reverse that if you end up in power . Tt when reverse that if you end up in ower . , , when reverse that if you end up in ower . L, when reverse that if you end up in ower . I. , power . If you look at the way the office for budget power . If you look at the way the office for budget responsibility l office for budget responsibility funds it, they say it brings in revenue. I will not undo a measure that brings in money. Revenue. I will not undo a measure that brings in money. When it comes to caital that brings in money. When it comes to Capital Gains. That brings in money. When it comes to Capital Gains, angela that brings in money. When it comes to Capital Gains, Angela Rayner that brings in money. When it comes to Capital Gains, Angela Rayner has l to Capital Gains, Angela Rayner has been facing questions about whether she should have pay Capital Gains when she sold her home in 2015. The chancellor made a jibe about it in the budget. She said she did nothing wrong. Have you talked to her about it . � , , wrong. Have you talked to her about it . , ,. , it . Angela is a friend and colleague. It . Angela is a friend and colleague. She it . Angela is a friend and colleague. She has it . Angela is a friend and colleague. She has madej it . Angela is a friend and colleague. She has made her representations on this. That is good enough for me. People are ready to move on from that. It is a bit rich from jeremy hunt, who owns multiple properties he rents out to make a jibe at Angela Rayner, who bought a Council House and later sold it. Tt bought a Council House and later sold it. , sold it. It is very different. One of her old sold it. It is very different. One of her old neighbours sold it. It is very different. One of her old neighbours has sold it. It is very different. One of her ol