Has Rachel Reeves lost the dressing room?
The News Agents
Global
4.2 • 4.3K Ratings
🗓️ 26 March 2025
⏱️ 41 minutes
🧾️ Download transcript
Summary
Today, the Prime Minister was asked to directly express his confidence in the Chancellor. He did so without missing a beat. But how much support does Reeves have more widely in government, in her party and in the country at large?
Later, as Trump's defence secretary insists no war plans were leaked when a group chat on the cusp of bombing Yemen accidentally invited a journalist to join. The journalist in question then publishes the war plans he received. Like shooting fish.
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Transcript
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| 0:00.0 | The Newsagents podcast is brought to you by HSBC UK, opening up a world of opportunity. |
| 0:09.0 | This is a global player original podcast. |
| 0:12.5 | At October last year, the chance had delivered a massive tax borrower and spend budget. |
| 0:17.2 | Now her plans have collapsed around her ears with an emergency budget to cut that spending. So has the time now come, Mr Speaker, for the Prime Minister to state in public that he has full confidence in the Chancellor? |
| 0:29.7 | I have full confidence in the Chancellor. Thank you. That vote of confidence from the Prime Minister comes on the day that the Chancellor was delivering |
| 0:38.2 | her fiscal statement. Don't call it a budget, it's just the thing that happens in March. |
| 0:43.4 | And she laid out the bare bones of the economy in terms of what we're expecting to happen next. |
| 0:49.6 | Will we grow? Will we shrink? And how will labour policies affect how we're all feeling? |
| 0:54.5 | And there is one headline above all others that stands out from it. This was a government |
| 1:00.0 | that came to power promising growth. Today, the Office for Budget Responsibility, the |
| 1:06.3 | independent marker of the British economy halved the amount of growth that will be in Britain |
| 1:13.1 | this year. What's going wrong? Welcome to the newsagents. The news agents. It's John. It's |
| 1:23.8 | Emily. And in a moment we're going to speak to the chief secretary, the Treasury, Darren Jones, |
| 1:27.2 | and ask him the question that you heard posed at the top. Yes, Kirstama has full |
| 1:33.0 | confidence in Rachel Reeves. But what about the rest of her party and what about the country |
| 1:38.2 | at large? Is she actually losing the dressing room? We'll come to that question. But let's hear now a bit of |
| 1:45.8 | Rachel Reeves in the Commons trying to put the rosiest gloss on a not very rosy picture. |
| 1:52.6 | This moment demands an active government, a government not stepping back, but stepping up. |
| 1:59.3 | A government on the side of working people helping Britain |
| 2:03.6 | to reach its potential. And Mr Speaker, we have the strengths to do just that as one of the |
| 2:11.1 | world's largest economy. |
| 2:12.4 | So that was Rachel Reeves in the Commons and you get a blizzard of numbers during a statement which is not a budget, |
... |
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