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Jacob Rees Mogg explains BASIC economics to Labour as government threatens price caps on food

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Jacob Rees-Mogg warns that Labour’s reported plans to introduce price caps on basic foods could have devastating consequences for the UK economy. Speaking on the growing debate around government intervention in supermarkets, Rees-Mogg argues that controlling prices may sound appealing politically, but history shows it can quickly lead to shortages, panic buying, and economic disruption. “Let’s hope the government has the wit and wisdom to not follow this route,” he says.

The former Cabinet minister explains why interfering with market pricing could create “empty shelves” and “long queues” across Britain, drawing comparisons to failed economic policies seen in other countries. Rees-Mogg lays out what he calls “basic economics” as he criticises Labour’s approach to tackling the cost of living crisis and rising food prices. The discussion centres on whether government-imposed controls would actually help struggling households — or make matters significantly worse.

Economic journalist Mani Basharzad also reacts to reports that the Treasury is encouraging supermarkets to consider voluntary price caps on essential food items. Basharzad questions whether such measures would reduce inflation or simply create new problems for businesses and consumers alike.

#labour #pricecap #economy

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Will Kingston LAUGHS at Shabana Mahmood’s plan to MAKE MIGRANTS PAY BACK when they work

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Watch as Will Kingston laughs at Shabana Mahmood’s plan to make migrants repay their benefit allowance once they enter work.

The GB News panel debates whether this is plausible or whether it is another policy that Mahmood and Labour will fail to implement successfully in an attempt to ‘talk tough’.

#UKPolitics #Labour #Migrant #Benefit #GBNews

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Dewbs & Co | Wednesday 8th July

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Plain-speaking, straight-talking – Michelle Dewberry delivers her individual take on the day’s news. Keep up to date with the latest …

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Reform UK MP Sarah Pochin calls for a BAN on the BURQA in Britain during her first PMQs #GBNews

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Mark Dolan: ‘The sleaze row will not bring down the government.’

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Download the GB News App to watch live wherever you are, catch up with all our shows and get the latest news from the GBN …

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‘You don’t owe anyone an apology’ | Powerful message of PRIDE on England’s 1099th birthday

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GB News Presenter Alex Armstrong marks the 1,099th birthday of England, tracing its roots back to July 12th, 927 AD when King Æthelstan brought the nation together. Alex Armstrong delivers a powerful monologue on the profound global impact of English history, from common law and representative parliament to the industrial revolution and classic literature.

The panel quickly breaks out into a fiery debate over English identity today. They clash over whether patriotism and the St. George’s Cross are being unfairly demonised by leftist ideology, or if national symbols are sometimes co-opted for intimidation and division.

0:00 – The Global Influence and History of England

0:43 – Celebrating 1,099 Years: King Æthelstan’s Unification

1:47 – The Stigma Around English Pride and the National Flag

2:54 – Panel Introduction

3:25 – Promoting Patriotism in Schools and Public Spaces

4:50 – (AD) Private Internet Access

6:40 – The Ideological Battle Over History and Free Speech

8:15 – Accountability, Context, and Telling the Full Story

9:48 – Should England Have a Dedicated Bank Holiday?

10:48 – The Flag Clash: Local Councils and National Identity

11:31 – National Symbols Can Be Co-opted

12:46 – Heated Exchange Over Protests Outside Migrant Hotels

14:46 – Final Thoughts: Choosing a Standalone National Anthem for England

#england #birthday #flag #stgeorge #gbnews

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