"Not only would that be politically suicidal - it would undermine the support on which Labour got elected." As Rachel Reeves faces criticism over the falling pound and rising borrowing costs, former shadow chancellor John McDonnell says any cuts in public services would 'turn a crisis into a recession'. #R4Today

The same John Mcdonnell who Ken Livingstone sacked for financial incompetence?

so @bbcr4today interviewing the irrelevant Mr McDonnell again who repeats his one policy - Tax the Rich Why? Everyone knows what he will say before he says it so one can only conclude they needed someone to attack Rachel Reeves

"The Democratic Party's actions had left many U.S. citizens feeling humiliated. Signs of a Trump victory were proclaimed well before Biden withdrew from the race. The voters had had enough." 📝 @KarinaLMariani

@BBCPolitics Would I be incorrect is summarising this as the only answers being…. Tax the wealthy and tax businesses? The last I checked, a tax on business is a tax on every single persons pay cheque !?

"The pound is crashing against the US dollar!" DOLLAR STRENGTH GB Pound down -4.24% over 1 year BUT Japanese Yen down -8.08%, Canadian dollar down -6.75%, Euro down -6.47% Australian dollar down -7.04%, Indian Rupee down -4.22%, Swiss Franc -6.4% Correct as of 14 Jan 07:00 GMT.

Why do socialists always think the answer to debt and deficit crises is to spend more? Absolute 🤡's.

UK billionaires' wealth has skyrocketed in recent years. ▪️2013: £246 Billion 📷2023: £684 Billion We don't need more cuts - we need to tax extreme wealth.

Listening to @johnmcdonnellMP it became clear that things could be a whole lot worse! #bbcr4today

He's spot on. Germany is a prime example.

Which reminds me, weren't we in a ' technical recession' back in spring 2024 under Sunak?

There seemed to be some fantasy figures, did he say 16 million in poverty?