Transcripts For GBN Britains 20240703 : vimarsana.com

GBN Britains July 3, 2024

Of their state visit starmer eu, turn. The labour leader tries to turn. The labour leader tries to clarify his position on brexit after saying he wouldnt diverge from eu rules. Yes, very strange comments there from sir keir starmer. Let us know what you make about that. Were going to be talking about that a little bit later on. And about that a little bit later on. And also we want to know, are you still buying bovril and tinned peaches . Apparently, theyre the way and theyre on the way out and people buying balsamic people are buying balsamic vinegar instead. Vinegar and matcha tea instead. Is you do let us know. Is that you do let us know. Vaiews gbnews. Com. But first, lets get a newsflash in with Tatiana Sanchez. Tatiana sanchez. Ellie, thank you very much and good morning. This is the latest from the newsroom. Ministers would be forced to consult the economic watchdog before implementing major budget changes. According to plans by the labour party, the shadow chancellor says it will ensure the mistakes of liz trusss so called mini budget are not repeated. Rachel reeves cited the higher cost of mortgages, energy bills and everyday food items. Among the consequences of items. Among the consequences of the former Prime Ministers short lived economic reform. But minister for food , farming and minister for food, farming and fisheries, mark spencer , says fisheries, mark spencer, says the truss mini budget isnt to blame for soaring prices. I think global population is continuing to increase. On the back of that, weve got the challenges of Climate Change and then if you throw into the mix a Global Pandemic and a war in europe, thats whats really driven the price of energy and of food through the roof. We need to invest in our farmers, in our uk Food Producers to make sure that they have the best technology, the best stock, the best techniques and of course, taxpayer support to continue to produce this great food. Great food. The chancellor says very difficult decisions will make tax cuts virtually impossible. Tax cuts virtually impossible. Some of jeremy hunts Party Colleagues , including former colleagues, including former Prime Minister liz truss , are Prime Minister liz truss, are reportedly pushing for tax relief after better than expected economic news. Hunt says he wishes that there were an option, but the government must stick with its plan to bnng must stick with its plan to bring down inflation and Interest Rates. And end the Interest Rates. And end the staple foods such as rice, spaghetti, baked beans and teabags can cost more than three times their usual price if budget versions are not available. All Consumer Group available. All Consumer Group which found example aisles such as a large bag of asdas own brand rice is usually priced at around £1. 80. But if no own brand was available , the bens brand was available, the bens original version could cost almost £5. The cheaper options are often unavailable to shoppers who rely on local convenience shops , which is convenience shops, which is calling on supermarkets to ensure they stock their value ranges across all of their locations. For more on those locations. For more on those stories, you can visit our website, gbnews. Com. Now its back to tomanelli. Back to tomanelli. Good morning. The time is 933 and youre watching britains newsroom with me. And tom harwood. And before we get into todays program, we do want to ask you, are you still buying bovril . Because this is in the daily mail this morning. Its got us talking, hasnt it, steven and ann, a little bit earlier on, were talking about it as well. Apparently, were not anymore. Not buying bovril anymore. Not buying bovril. No, were not buying bovril. Were not buying corned beef. Condensed tinned condensed milk, spam or tinned peaches out of the shelves. Those into the shelves. Those go and into the shelves. Come quinoa , miso come matcha, tea, quinoa, miso paste seeds and balsamic vinegar. Are you guilty of that . Of are you guilty of that . Of that list . Ive got balsamic vinegar, but i dont stock my cupboards with seeds. So ill tell you who with seeds. So ill tell you who does. My mother. She has loads of shes a rabbit. Of seeds. Shes like a rabbit. Oh, in an affectionate way. Oh, in an affectionate way. I like rabbit. Yeah he does mean it. Oh, no. Im just sorry, but is that you at home . Is that what youre doing . Are you swapping out the classic items for perhaps a more modern twist . Yeah. Im the same as you. Got balsamic vinegar, you. Ive got balsamic vinegar, but milk, and but i love condensed milk, and i love peaches. Love tinned peaches. I have had miso paste in in the past. When im making something specific. But wont. Something specific. But i wont. I wont have sitting there. No, well there. no, no, no. Well do let us know if thats you. Vaiews gbnews. Com. But lets get our next story now. And get into our next story now. And the in the midst one the nhs is in the midst of one of most disruptive strikes of its most disruptive strikes yet with a joint strike with Junior Doctors consultants. Junior doctors and consultants. The Health Service is yes, the Health Service is facing chartered facing unsure chartered territory, thousands of territory, with thousands of patients appointed appointments expected to be cancelled. Expected to be cancelled. Well, joining us in the studio now is Junior Doctor bhasha mukherjee. Good morning bhasha mukherjee. Good morning to you. Very, very good to have you with us. So why have you personally decided to go on strike for the same reasons why all of the other Junior Doctors who are striking are doing the same is to protect the nhs , essentially. And we care about the patients as much as the other person. And ultimately, this is about the future of the nhs and protecting the nhs , retaining protecting the nhs, retaining doctors. And thats the same reason that were all doing this strike. I suppose a lot of people would think its hard to square that circle of an idea of protecting the nhs when weve learned this morning that each striking doctor is costing £3,000 for the nhs for these replacements to come in and try and provide a basic level of service, ultimately we have to see this, that we are the employees and ultimately the taxpayer is paying towards the government who are in charge of where the money is spent. And at the moment the nhs is struggling and that is because of losing doctors every year were losing thousands of doctors every year. The strike is just to say this is enough is enough. Were losing doctors. The doctors who are staying behind are inevitably having to work harder and harder to fill those spaces. And actually its those spaces. And actually its just a failing system. Were just a failing system. Were just trying to uphold. And ultimately, were all getting burnt out. Lots of doctors are considering leaving and going abroad to work abroad and this this will just carry on. If we dont stop it here. And make it make it a reason , viable reason make it a reason, viable reason for people to stay behind and actually work in the nhs. I mean the nhs, as we always say, is a system on its knees, isnt it . And when tom talks about £3,000, a shift for a placement coven £3,000, a shift for a placement cover, is it moral to charge that much for cover for a system thats already on its knees . Well , ultimately, thats already on its knees . Well, ultimately, think about it. This should have been dealt with last year. This time last with last year. This time last yean with last year. This time last year, weve been having this discussion for years now about making it fair, and weve spent almost a billion this year on on just, you know, filling the gaps in the rotas for these strikes where thats about how much it would to , be you know, to give would to, be you know, to give the Junior Doctors the pay restoration essentially. So it restoration essentially. So it is actually the government that theyre making these choices. Theyre making these choices. And from just the conversation, you guys are having earlier, no ones what the mps ones happy with what the mps are doing and theyre not filling their roles properly. And you and ultimately, ali, if you think about the taxpayers and ultimately, ali, if you thirpayingt the taxpayers and ultimately, ali, if you thirpaying towards, axpayers and ultimately, ali, if you thirpaying towards, younyers and ultimately, ali, if you thirpaying towards, you know , are paying towards, you know, this lump sum and how much is being spent on mps £86,000. Mp you know, that is down in real terms over the last ten years. Mps if their pay had kept up with inflation, would be over £100,000 a year. But because inflation has been so high over the last over the last year or so, mps pay in real terms has been cut compared to where it was a decade receiving a 5 increase. Well, weve been receiving a 2 increase year with the 2 increase every year with the 9 inflation, but then mps get covering costs for their staffing , their office supplies, staffing, their office supplies, their. Travel all staffing, their office supplies, their. Travel all and various other things. We dont get those looking at where an mp salary might be £86,000 a year, which is around £20,000 less than it would be if it had kept up with inflation. Looking at where consultants earn , thats much more than mps. Earn, thats much more than mps. Mps on 86 consultants could be on 120, 130, 140. Who would you trust with your life . Life . So i think thats thats a thats a very fair point. But isnt it the case that a lot of these people going on strike are incredibly well paid . Some of the best paid people in the country . Its not about the individual amount its amount theyre being paid. Its about making it fair for everyone and stopping them from leaving the workforce essentially , were getting paid essentially, were getting paid much less as compared to other parts of the world for the same job. And essentially. What is job. And essentially. What is stopping the doctors from just leaving and going to these other countries . Weve its called the mass doctors mass exodus of Junior Doctors for reason , because thousands for a reason, because thousands of doctors are leaving the country. Why . Why would they stay . So we want to give them a reason to stay. This is why were striking. Thats were striking. Thats essentially it. Like your aim can do you feel like your aim can actually achieved, though, actually be achieved, though, when steve when you hear from steve barclay, the secretary barclay, the Health Secretary his latest statement , he spoke his latest statement, he spoke about doctors getting about Junior Doctors getting an average 10. 3, an average pay rise of 10. 3, an average pay rise of 10. 3, an average of 8. 8 at the lowest paid will get 10. 3, he said. Thats more than what most people in the uk are going to be receiving. If youre in the private sector, you might be lucky to get a 2 pay rise. What do you say to that . I would just say that its a case of, you know, meeting meets king. What were asking for , the king. What were asking for, the government hasnt even come forward to actually have a discussion with us and all these numbers are just flying around. But theres not been a formal discussion and a formal negotiation with everybody in the room to discuss how we can make the situation better. I suppose that that offer of over 10 for the lowest paid Junior Doctors over 8 on average. Its a similar deal that was offered to nurses of course, who accepted that deal, who have ended their strikes and who have ended their strikes and who are getting on to work. Why is it different for doctors than it is for nurses . I cant say i it is for nurses . I cant say i cant speak for the nurses of course, but i know that its taken a lot for 70 of the Junior Doctors in this country to strike for six months. And then , you know, weve and then, you know, weve balloted and chose to strike again and this shows that theres a solidarity amongst us. We all feel undervalued at work and i think we want to we have decided on that number together with the bma for a reason, and its reasonable because of the 26 overall pay regression that weve weve seen in the last ten years. And this is just to meet up to that ultimately , how up to that ultimately, how difficult of it was the decision for you personal, to go out on strike . I mean, you took a hippocratic hippocratic oath, didnt you . You didnt . No, we dont have to do that. No, we dont have to do that. You dont need to do that anymore. But you you ultimately care about Patient Safety and you about people. Thats, you care about people. Thats, of why you decided to of course, why you decided to become a doctor. So it must have been a very difficult decision to out. To decide to walk out. I care about my patients whilst care. Whilst theyre under my care. Ultimately , im an employee ultimately, im an employee and the nhs is an organisation. And the nhs is an organisation. Thats run by the government. They are in charge of the nhs. We are just employees. They are in charge of the nhs. We are just employees. We work we are just employees. We work for the hours that we work and we are responsible for our patients until theyre under our control. This is this control. Obviously this is this isnt just a case of, you know , isnt just a case of, you know, i cant be sitting here responsible for every patient everywhere at all times. And the everywhere at all times. And the strike motions there, you know, it is within our rights to for strike essentially, you know, were not happy with the conditions that were working unden okay. Bashir mukerjee, really good to see you this morning. Thank you so much for your company. Well, do let us know company. Well, do let us know what you make of that strike action this week by Junior Doctors and consultants. Yes, doctors and consultants. Yes, there is going to be disruption. Do let us know if that affects you. What side of this do you fall on . Vaiews gbnews. Com. Well, suppose, crucially, well, i suppose, crucially, should doctors and should Junior Doctors and consultants doing this consultants be doing this at precisely the same time causing the amount disruption . In other news, of course, but in other news, of course, the bank of england has raised their rates 14 times in a row up until this week. Their battle to until this week. Their battle to control inflation has been placed on pause , perhaps with placed on pause, perhaps with this hold on increases yes, the rate of inflation fell to 6. 7 in august, down from 6. 8 in july, which means overall prices are still rising , but the rate are still rising, but the rate of increase is falling. Well, of increase is falling. Well, joining us now is the economist juuan joining us now is the economist julian jessop, and julian , i julian jessop, and julian, i suppose, first of all, this was a bit of a surprise to economists that the bank of england chose not to raise rates to end that 14 rate rise streak i well, as you say, it was a surprise, but i think less of a surprise, but i think less of a surprise after those good inflation numbers. You mentioned inflation numbers. You mentioned the fall in the headline rate. The fall in the headline rate. If you look beyond the headlines and look at inflation, excluding food and energy, that fell a lot more sharply. Now, of course, im not saying that food and Energy Prices dont matter. I mean, theyre more important than income than most for low income households. But that is a better guide to the underlying trend. Guide to the underlying trend. And i think after those numbers, a thought a lot of economists thought maybe pause was on the cards. Maybe a pause was on the cards. Ive got say, though, its ive got to say, though, its come a moment too soon. I come not a moment too soon. I actually have paused on actually would have paused on interest time ago. Interest rates some time ago. And just had some and indeed, weve just had some some numbers out at 930, a very Important Survey of the of the british economy , which suggests british economy, which suggests that is now falling that output is now falling pretty sharply in the in the private sector. In september. So private sector. In september. So i its very important that i think its very important that the bank of england did put rates on hold to prevent us sliding into a deep and unnecessary recession over the next few quarters. I mean, julian, touching on that point, do you feel as though we did have a very, very quick succession , didnt we, of 14 succession, didnt we, of 14 increases in a row , do you feel increases in a row, do you feel as though the bank of england should have taken that time, perhaps paused a little bit earlier and allowed those increases to actually take hold. Well, these are always very difficult judgements and im not going to be overly critical of the bank of england, but i think it has got a number of things wrong. So first of all, we had a long period where Interest Rates were far too low and in particular england particular the bank of england continued print money, you continued to print money, you know, pumping money into the economy, the economy, which was the underlying pickup underlying cause of the pickup in inflation. So the bank left Interest Rates too low for too long. I didnt think it was too slow to raise them again. It should have responded more quickly to the signs that inflation was picking up. It tended to dismiss everything as transitory and but then again, more recently, we have seen signs of slowdown in the economy and the growth in the money and credit aggregates has dropped very sharply. Thats the best leading indicator for both of inflation. And whats happening inflation. And whats happening in the in the real economy. And i think the bank of england had missed that. Its had missed that. So its had a number of judgement calls to make think its tended to make and i think its tended to get wrong, probably get them wrong, but we probably ended up in the right place. I think Interest Rates are now at a suitable and sustainab

© 2025 Vimarsana