Business UK
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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Business UK
Reform UK’s Richard Tice in EXPLOSIVE clash with Christopher Hope over Farage’s by-election GAMBLE
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GB News Political Editor Christopher Hope delivers a withering challenge to Reform UK Deputy Leader Richard Tice, accusing the party of wasting public money by triggering a by-election through Nigel Farage’s own resignation, only for Farage to stand again in the same seat. With Reform already under scrutiny over its direction, Hope demands answers over what many are calling a costly and cynical political stunt.
#GBNews #UKNews #NigelFarage #ReformUK #UKPolitics #Politics
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Business UK
‘VIOLENT SOCIETY!’ | Ex-Aus Deputy PM John Anderson on radical Islam, the West and Britain’s decline
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Former Australian Deputy Prime Minister John Anderson joins Will Kingston on Fire at Will at the ARC Conference for one of the most candid and wide-ranging conversations you’ll see on the state of the West. From the Henry Nowak tragedy and radical Islam to the collapse of economic literacy, the housing crisis and the breakdown of trust between governments and young people, John pulls no punches. Warning that the world is beginning to resemble the build-up to 1914, John argues that the West is being eaten out from within, and that without a return to its founding values, civilisation itself is at stake.
#GBNews #UKNews #Australia #Politics #Immigration #Debate
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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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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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Business UK
Reform UK MP Sarah Pochin calls for a BAN on the BURQA in Britain during her first PMQs #GBNews
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