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Im sally bundock. We start here in the uk, where the Chancellor Rachel reeves will pledge A Budget To Rebuild Britain in her speech to the Labour Party Conference in liverpool today. Shes under pressure to provide some optimism after labours gloomy messaging on the state of the economy they inherited from the conservatives. But her controversial decision to Axe Winter Fuel payments for 10 Million pensioners threatens to overshadow her speech, with a vote challenging the move also expected today. Lets get more now from joe nellis, whos economic adviser to mha a Uk Accounting Firm And Professor of Global Economy at cranfield university. Good morning. There good morning. There was good morning. There was a good morning. There was a lot good morning. There was a lot o ....
At the moment the uk spends about 2. 3 on defence so it will be interesting to see if John Healy the defence actually makes any mention of that at all, particularly given the wide economic context. We had from the Chancellor Rachel reeves this morning about public finances and the central labour we had in the Run Up to the election about them wanting to sustain fiscal discipline. There is escalating tension in the Middle East. Give us an idea of where the government is on this and what messages they are trying to put a cross on both lebanon and israel. We heard from both lebanon and israel. Heard from the foreign Secretary Yesterday in a pretty wide ranging speech when again he touched upon ukraine and continued support for ukraine. He said the escalating tension was worrying and i had to be an immediate ceasefire ....
From many labour mps. The Prime Minister and the chancellor visiting a Research Facility in liverpool have repeatedly stressed what they say is their dire inheritance, now, there is a shift in tone. Keir starmer was in the mood for celebration, at a scottish reception last night. Thank you so much, enjoy conference, enjoy the evening, and thank you again. Thank you. In her Conference Speech Today, Rachel Reeves will say there is a prize on offer, if, she say, they make the right choices now. What the chancellor will want to get across is good times we want to bring, look, sometimes you have to make difficult decision to give the stability, you dont want to repeat the disaster of Liz Truss in order do that, so where there has to be a tough decision it is f ....
Up had a Labour Chancellor Stand Up and set out their party for government in ia years. They have been in opposition. They have been in opposition. They have felt the frustration of not being able to enact the policies they want to, now it is the chance for labour and the chancellor to set out their vision for the country. When it comes to anything in politics, and there is a recognition of this in the party, they are talking about what they have donein talking about what they have done in government so far, but the thing that really matters is whether or not i makes a difference. Can they deliver on the promises they made during the promises they made during the election campaign, some of which are likely to hear repeated now. Will that make a difference to the pout in their pocket. Ican hear i can hear the music booming. I think that is the video introducing the Chancellor Ra ....
Shifted onto the bigger economic picture into the Labour Policy and direction and i think there is a sense, definitely a sense of celebration here that this is the first conference for labour in power in 15 years in the first one with the Labour Party of Prime Minister and 14, definitely that sense, but i would also say the stuff of last week around the freebies, the briefings around to Sue Gray and some important policy things like the Winter Fuel Payment have made this a bit more wobbly and labour would have liked in terms of its first conference and offer its and youre getting a sense that the people i have talked to throughout the day. People i have talked to throughout the da. ~ people i have talked to throughout theda. People i have talked to throughout theda. ~. the day. When i contrast it with one ear an, the day. When i contrast it with one year ago. The the day. When i contrast it with one year ago, the labour the ....