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it's been a rough week for the
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government first off the cost of
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borrowing Rose to its highest level
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since 1998 surpassing those seen even
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under Liz truss it raises the question
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which budget really crashed the economy
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the mini one which was swiftly reversed
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and from which we recovered or Reeves's
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debut which has pushed yields higher
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than in the Euro area boosted inflation
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slowed rate cuts and tanked business
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confidence amid the market turmoil
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Reeves flew out to Beijing in a move
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dbed by the shadow Chancellor Mel stride
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the peaking duck it's easy to criticize
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the government for coing up to a
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communist regime but China is the
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world's second biggest economy and
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Britain's fourth biggest trading partner
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which makes it all the more dispiriting
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that the chancellor managed to bring
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back just 600 million in deals from her
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trips which to put in context could fund
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the NHS for just 28 hours hardly
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surprising then that questions are being
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asked about the Chancellor's future with
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Star Sports even offering odds on her
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replacement the Prime Minister has said
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reef is doing a fantastic job and
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commands his full confidence but starma
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has a ruthless streak and Reeves might
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consider asking Jeremy Corbin Diane
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Abbott or Sue gray how much his word
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really means as if all that wasn't bad
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enough City Minister tulip sadik
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resigned following corruption probe over
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her links to the deposed Bangladeshi
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regime led by her aunt let's be honest
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most voters won't have heard of sadik
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and will consider this a row about a far
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away country of which we know little we
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should also be clear that the watch doog
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had said there was no breach of the
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ministerial code but handing such an
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important job to someone whose family
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ties were a clear reputational risk does
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raise questions about the prime
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minister's judgment having run such a
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competent election campaign just 6
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months ago unforced errors like this
1:29
make lab look worryingly unprepared for
1:31
government of course none of this will
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matter at the next election if people
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are feeling better off and though reefs
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would dealt a slight reprieve by a
1:37
droping inflation and Fallen guilt
1:38
yields figures Today Show that the
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economy grew by just 0.1% in November
1:43
and bearing in mind the population has
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grown GDP per capita has actually Fallen
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growth is this government's Central
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promise without it we will all be poorer
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so unless we see some bold moves soon to
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turn business confidence around this
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government will start to look if not
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quite the wet lettuce it was under Liz
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truss then perhaps a wilting chip
