Transcripts For GBN Breakfast 20240704 : vimarsana.com

GBN Breakfast July 4, 2024

Of wales uncle, Gary Goldsmith , of wales uncle, Gary Goldsmith, gives an update on her health dunng gives an update on her health during his appearance on big brother. But is he overstepping the mark . And in sport this morning, Manchester City comfortably through to the quarter finals of the Champions League. Max verstappen says his dads not a liar and england are playing india in the final test after meeting the dalai lama, so theyre spiritually at peace and currently 100 for one. Good morning. The best of the sunshine will be in the west today. But where will the sun shine tomorrow . Well, you can find out all the details with me a little later on. Good morning. Good morning. Im Ellie Costello and im ben leo, and this is breakfast on news. On gb news. So do you have a night of stress in your house last night . Well, i stayed up in london last night, so i was relieved of it. You avoided it . My. My wife is taking care of World Book Day. The costume that my day. And the costume that my four year will be four year old will be gallivanting into nursery with. You have children or well, if you have children or grandchildren, will be aware grandchildren, you will be aware of stresses world book of the stresses of World Book Day. Do have children, but day. I do not have children, but ihave day. I do not have children, but i have seen enough it on i have seen enough of it on instagram to scared of instagram to be very scared of this children have to this day. If children have to have a costume, they . Have a costume, dont they . Well, boy is going as well, my boy is going as batman, although doesnt have batman, although he doesnt have a book anything with batman a book of anything with batman in, kind of cheating. In, so hes kind of cheating. You have to take the so do you have to take the book you are the character book that you are the character from you . Book that you are the character frori you . Book that you are the character frori think ou . Book that you are the character frori think they just ask you in i think they just ask you in nursery anyway. They ask you about book you explain about the book and you explain a little bit about it. Oh, its so sweet. Its very cute. But it is a lot for the parents, isnt it, to put together a costume . I just saw so many stories on instagram last night of parents being like, children have come to p. M. To their bedroom at 10 pm. Going, hello, its World Book Day need a costume day tomorrow. I need a costume for send pictures in. For send your pictures in. Yes. For send your pictures in. Morning. Thats what you want this so all your this morning. So all your pictures, of world book pictures, please, of World Book Day children, day costumes, your children, your let us your grandchildren. Do let us know that little know if you had that little knock on the bedroom door last night. Question. Knock on the bedroom door last nig if. Question. Knock on the bedroom door last nig if we question. Knock on the bedroom door last nig if we did question. Knock on the bedroom door last nig if we did world n. Knock on the bedroom door last nig if we did World Book Day if we did World Book Day costumes here, what would you come us . Costumes here, what would you conso us . Costumes here, what would you conso urfavourite growing so my favourite book growing up witch. Okay. Up was the worst witch. Okay. And about a girl who went and it was about a girl who went to witch school and she was very bad witch. So youd come as a witch . So youd come as a witch . Id come as a witch. I think. Id come as a witch. I think. Come early. Yeah. Id come as a witch. I think. What come early. Yeah. Id come as a witch. I think. What would ome early. Yeah. Id come as a witch. I think. What would you early. Yeah. Id come as a witch. I think. What would you go rly. Yeah. Id come as a witch. I think. What would you go as, yeah. Id come as a witch. I think. What would you go as, maybe arsene former arsenal arsene wenger, former arsenal manager and what book is that . Dont maybe his biography. Oh, so youre cheating. There you thats your sons oh, so youre cheating. There you it thats your sons oh, so youre cheating. There you it from its your sons oh, so youre cheating. There you it from family. Your sons got it from family. Yeah, clearly. Yeah, clearly. Do send in your world book so do send in your World Book Day pictures, please. We would love to those. That day pictures, please. We would love make to those. That day pictures, please. We would love make us those. That day pictures, please. We would love make us very hose. That day pictures, please. We would love make us very hose. Tthis would make us very happy this morning. Course, do let morning. And of course, do let us your thoughts on the us know your thoughts on the budget yesterday toopi cut budget yesterday that toopi cut off insurance. No big off National Insurance. No big surprises from that surprises really from that budget quite budget yesterday didnt quite set alight. But do let set the world alight. But do let us what you think. Is that us know what you think. Is that enough vote . Tory, do enough for you to vote . Tory, do you better off or did it you feel better off or did it not far enough . Do let us not go far enough . Do let us know what you think. Gb views gb news. Com now are we going to see the end double taxation . See the end of double taxation . That the chancellor that is what the chancellor signalled during his Spring Budget yesterday. As he cut the Rate Insurance by rate of National Insurance by £0. 02 april the 6th. Rate of National Insurance by £0. Employee pril the 6th. Rate of National Insurance by £0. Employee nationalth. Rate of National Insurance by £0. Employee National Insurance employee National Insurance will be cut by another £0. 02 from 10 to 8, and self employed National Insurance will be cut from 8 to 6. It means an additional £450 a year for the average employee, or £350 for someone self employed. Someone self employed. Yes, but opposition parties pred yes, but opposition parties ripped into the budget saying expected rises in council tax. And i know myself ive got my letter yesterday, will wipe out any benefits for households last desperate act of a party that has failed britain in recession. The National Credit card maxed out and despite the measures today , the highest tax measures today, the highest tax burden for 70 years, the First Parliament since records began to see Living Standards fall, confirmed by this budget today thatis confirmed by this budget today that is their record. It is still their record. Give with still their record. Give with one hand and take even more with the other. The other. The budget yesterday the Great British pub will also get a boost from a freeze on alcohol duty, and the child benefit threshold increases to £60,000 a year and the £0. 05 cut to fuel duty is locked in for another 12 months. But what do the people on the ground make of it all . We asked them to give us their reactions. Dont make a lot of a budget. To be fair, i think its a scummy attempt by the conservative party to try and regain any bit of ground that they can get. Really. People are starving out here. Weve got more food banks now than ever, before. What are than ever, ever before. What are you to do about it . You going to do about it . Tax here. There and they i think they should really help people. No its not enough. No. We need to see results on the nhs, seeing a gp, things that really matter, not beer duty. Youre out of order. Youve got to be out of power. Give someone else a chance. Okay. Lets speak to the chief economist for Panmure Gordon investment bank, simon french. Good morning to you, sir. Good morning. I was kind of expecting with this budget yesterday that towards the end hunt would pull some rabbit out of a hat to kind of save the ailing tories in the polls. But it never, from critics perspective, seemed to materialise. Materialise. Were so conditioned, arent we, at budgets to get final we, at budgets to get that final flourish. And actually what turned out that most of it turned out is that most of it had been leaked the media had been leaked to the media dunng had been leaked to the media during the weekend press, maybe that tells you little bit more that tells you a little bit more about where the conservatives are the political cycle, i. E. Are in the political cycle, i. E. They get maximum they want to get maximum exposure what theyre doing , exposure for what theyre doing, and to front run as and so trying to front run as much initiatives as they much of the initiatives as they can tax cutting. But it meant can on tax cutting. But it meant that there were very few surprises large extent, surprises to, to a large extent, i could have written the note that i wrote for clients back on monday morning. Monday morning. I mean, it was all pre briefed, wasnt it . It was all out there. You mean you might used to be a sacking offence . That really . Yeah. That really . Yeah. But no longer. Appears but but no longer. It appears to we now can can get to be that we now can can get access to that. And it looks like they want to manage the media cycle, not just on the budget but in full budget day, but in the full budget day, but in the full budget week. Actually. Yeah, you can yeah, i guess you can understand that would understand that you would want that also that sort of control, but also to fair to the government, to be fair to the government, they such little headroom, they had such little headroom, didnt play with didnt they, to play with perhaps surprise that perhaps its no surprise that that as, far as that is literally as, as far as they could go. Well, watching your well, i was watching your your vox pops there in the sort of public somewhat of public being somewhat underwhelmed by this, but that is of the that is a function of the fact that back in november, the last time we a fiscal statement, an we had a fiscal statement, an autumn statement, the chancellor left very little left himself with very little headroom billion. Headroom for just £13 billion. Sounds lot of money. But sounds like a lot of money. But in public finances terms, thats about his about 1 against his self imposed rules. So self imposed fiscal rules. So how much could he do yesterday . Not lot. And for a lot of not a lot. And for a lot of people, having seen overall pnces people, having seen overall prices go about 25 over the prices go up about 25 over the last three years, its still a very, very difficult backdrop for their personal finances. Very, very difficult backdrop for their personal finances. And for their personal finances. And theres very little sort of cavalry coming over the hill from the from the treasury. What do you think about these hints that National Insurance could be scrapped completely . Is that winner that an election winner potentially for the conservatives potentially for the con it rvatives potentially for the con it rvative if it potentially for the conit rvative if it knocked £50 it would if it knocked £50 billion, which is how much National Insurance still raises for the exchequer off the total tax bill. But that isnt going to mean , theres lots to happen. I mean, theres lots of predictions that are being nervous one. I can be nervous about that one. I can be certain wont happen now. Will it consolidated within income it be consolidated within income tax. The income rate tax. And the income tax rate goes as the income tax. As goes up as the income tax. As the National Insurance comes down, single payroll down, you have a single payroll tax. Yeah, thats entirely plausible. Overall plausible. But the overall burden of taxation is not is unlikely to fall in the next parliament. Its far more likely to rise given the requirements on Public Services that are already quite stretched and the spending round the other side of the election for non protected services. Non Health Services. So non health non education non overseas development, it is very, very tight. Okay. Simon french, really good to get your thoughts. Thank you very much indeed. Well, lets get the political reaction now from commentator from the political commentator peter good to see peter spencer. Very good to see you this morning, peter. I mean, labour are describing this as a last desperate act of a failing tory party and they also mentioned the expected rises in council tax are going to wipe out any benefits for households. Out any benefits for households. What do you make of that . Well, i mean, the fact is that our overall tax burden is at a record high and this hasnt really dented that , particularly really dented that, particularly at all. I mean, i find this whole entity a creature of the most curious and extreme contrast, because on the one hand, we have a budget in which theyre knocking £0. 02 off employers, employees contributions and National Insurance, thats it. And that insurance, thats it. And that has been not only has it gone down like like a cup of cold, sick with with the electorate, as we gather from the box pops that youve just run, but its also gone down like a lead balloon with large sections of the tory party but on the other hand, there are mooting this idea of abolishing, National Insurance completely. And as simon says, were talking about £50 billion here. I mean, that is that is sort of on one level, its preposterous. Its certainly unavoidable. And but its sort of i mean, thats actually beyond desperation, if you ask me. And if they really you ask me. And if they really think that they can run with that and they claim it is their ambition, if they really think they can run with that, then quite frankly, theyve lost. Not only have they lost the election , theyve the plot as well. , theyve lost the plot as well. What do you make of peter, what do you make of the chancellors curious . Decision to award £1 million to a muslim war memorial, especially . He kicked off the budget with that announcement. Critics argue weve already got the cenotaph, which honours all faiths and none. Was he trying to troll sir keir starmer off the back of labours difficulties with their muslim base over the recent weeks . What was that about in your perspective . Perspective . Well, i would think that thats probably about trying to cool the tempo. Remember that that we have so many protests taking place in regard to whats happening in gaza right now. And we also have the very real fears about the security of members of parliament who are being targeted by extreme elements. Targeted by extreme elements. And i suspect that what this is actually about is simply to say, hey, listen, guys, just call it, were on your side. Really peter, do you think people are going to feel better off as a result of this budget and ultimately, the biggest question really is, is it enough for people to vote tory . Will it shift the dial . Youre asking me . And its a very valid question. I think the answer is absolutely not. I mean, theres ihave absolutely not. I mean, theres i have to draw to your attention a glorious quote from one time labour chancellor of the exchequer roy jenkins. And he said, well , exchequer roy jenkins. And he said, well, you exchequer roy jenkins. And he said, well , you see, the thing said, well, you see, the thing is that the leaves of dead budgets crumble very quickly. Budgets crumble very quickly. Really, peter, what do you make of the facts that there was nothing allocated to defence, beanng nothing allocated to defence, bearing in mind russias invasion of ukraine, the activity in the red sea with the Houthi Rebels . Mark francois said night that the said last night that the treasury had seemingly forgotten said last night that the treasuour ad seemingly forgotten said last night that the treasuour armed ningly forgotten said last night that the treasuour armed forces. Forgotten said last night that the treasuour armed forces. Was� tten said last night that the treasuour armed forces. Was hen right . Well, i mean, i would i would think that David Cameron, lord cameron , called me dave, who is cameron, called me dave, who is now the foreign secretary , will now the foreign secretary, will be spitting nails about that very thing, because hes been asked about the problems in the middle east and problems. They are indeed with a potential catastrophe looming. But he said, what really keeps me awake at night is ukraine pain and the very real fear that that putin will regard ukraine as his sudetenland. If you follow my historical reference here for and which reason, i mean, i would argue and i think many people in the know would argue, that actually not doing something about defence spending is an extremely bad move. Okay peter spencer, good to see you this morning. Thank you very much indeed. Do let us know what you think about that. Should there have been something allocated to defence . Curious, very curious decision. Perhaps thats still to come. Do let us know what you make of that, or indeed the budget as a whole. Will it impact you . Do whole. Will it impact you . Do you feel better off . Could more have been done . Do let us know what you think. Gb views at gb news. Com. Lets a news. Com. Lets news. Com. lets okay, lets have a look at some stories coming some other stories coming up into the this morning. Into the newsroom this morning. Lord David Cameron says hes appalled about the appalled to hear about the deaths three sailors appalled to hear about the deaths airee sailors appalled to hear about the deaths a houthi lors appalled to hear about the deaths a Houthi Missile on following a Houthi Missile on a vessel in the red s

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