0:00
But, you know, I think we've seen that, you know, there are tough decisions to be made, but the government's approach is already beginning to bear fruit, whether it's the five in interest rate cuts, the three trade deals, all the fact that wages have gone up more in the first 10 months of this government than they did in the last 10 years of the Conservatives
0:18
But look, none of that's to take anything away from the difficult situation that people face
0:23
And look, there will be really tough decisions to be made, not least because we also know with the budget
0:29
the Office of Budget Responsibility will be releasing its review of productivity
0:34
which will really expose the damage that the last government did to our economy and to living stands
0:43
But we're absolutely determined to bear down on that and to produce a budget for fairness
0:49
David, how much longer are you going to keep blaming the Tories and Liz Trust? That was almost like a game of Labour bingo. You're in charge now. You guys are in charge
0:58
Look in the mirror. Own it. Martin, Martin, Martin, Martin, stop a second
1:02
For a start, you know, many commentators, including yourself, I believe, was mentioning for years afterwards the global financial crisis
1:12
But secondly, and more importantly, the Office of Budget Responsibility at the cornerstone of this budget will be releasing their review of the impact of the last government on national productivity
1:23
And we know it's going to probably, you know, tell a bad picture
1:27
And we know that that going to be at the heart of some of the challenges we face That not rehashing issues That literally the core of what we being presented as a government Cleaning up the mess of 15 years doesn happen overnight but that is what we are doing
1:41
David, let me put this to you. You promised consistently not to raise taxes on working people
1:46
That's a lie, because you will increase taxes on working people at the budget when you freeze the tax threshold
1:53
You talk about rising wages. Great. But that drags more people into more tax
1:58
9 million people expected to pay after a tax as of Wednesday
2:02
And that's propping up a £15 benefits bonanza. You're not a party of working people
2:07
You're the party of people who are work shy. Absolutely not. And by the way, it's this government that's trying to also clear up the mess of the 3 million jobless that the last government left
2:18
And don't forget that it was under Mel Stride's leadership that we saw the biggest ever rise for a Secretary of State for Work and Pensions
2:26
The benefits bill went up by 33 billion quid on his watch
2:30
Well, we are the party of work and we're absolutely determined to turn that around. But as I say, it doesn't happen overnight
2:36
But the way you get Britain working and the way you get this economy moving is by ensuring economic stability
2:44
Why can't you give the benefits down? Which brings down interest rates. Why can't you give the benefits down? Economic stability
2:49
Hang on a second. Let me finish. Let me finish. by bringing in economic stability
2:54
and also by paying down the debt because we are currently paying one in ten pounds
2:58
of all of our revenue on debt. That's got to come down because that will open up
3:02
more money for our public services that we all deserve. But to break that cycle
3:07
we need to make the right decisions. That's exactly what this Chancellor will do
