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Kiran Stacey

👤 Speaker
183 total appearances

Appearances Over Time

Podcast Appearances

Today in Focus
Defence secretary quits with ‘blistering’ swipe at Starmer - The Latest

So he's saying he's also weak.

Today in Focus
Defence secretary quits with ‘blistering’ swipe at Starmer - The Latest

So you've got weakness, indecision, a lack of commitment to the nation's security.

Today in Focus
Defence secretary quits with ‘blistering’ swipe at Starmer - The Latest

All of these things play into all of the doubts that Keir Starmer's critics have about him.

Today in Focus
Defence secretary quits with ‘blistering’ swipe at Starmer - The Latest

You know, people are now saying, ironically, that the Makerfield by-election might actually be giving Keir Starmer more time in post.

Today in Focus
Defence secretary quits with ‘blistering’ swipe at Starmer - The Latest

I mean, maybe only a week.

Today in Focus
Defence secretary quits with ‘blistering’ swipe at Starmer - The Latest

But this is the kind of thing that brings prime ministers down.

Today in Focus
Defence secretary quits with ‘blistering’ swipe at Starmer - The Latest

Frankly, nobody has said so in open terms.

Today in Focus
Defence secretary quits with ‘blistering’ swipe at Starmer - The Latest

The closest we've got for an explanation as to how you can bridge this gap is something that Andy Burnham used to say, but has since you turned on, which was you can borrow more.

Today in Focus
Defence secretary quits with ‘blistering’ swipe at Starmer - The Latest

You can issue specific bonds to pay for defense.

Today in Focus
Defence secretary quits with ‘blistering’ swipe at Starmer - The Latest

This is something Germany has been doing recently.

Today in Focus
Defence secretary quits with ‘blistering’ swipe at Starmer - The Latest

In recent weeks, Andy Burnham's, or at least Andy Burnham's allies have clarified that no, he doesn't intend to do that.

Today in Focus
Defence secretary quits with ‘blistering’ swipe at Starmer - The Latest

And he would stick to the fiscal rules as already set out by this government and not borrow any more than they allow.

Today in Focus
Defence secretary quits with ‘blistering’ swipe at Starmer - The Latest

That boxes him in to a certain extent.

Today in Focus
Defence secretary quits with ‘blistering’ swipe at Starmer - The Latest

The reality is he would have been boxed in anyway, because it's not actually the fiscal rules that hem the Chancellor in.

Today in Focus
Defence secretary quits with ‘blistering’ swipe at Starmer - The Latest

It's how much we are paying on our interest rates when the government borrows money.

Today in Focus
Defence secretary quits with ‘blistering’ swipe at Starmer - The Latest

And it's the markets who tell you how much you can borrow.

Today in Focus
Defence secretary quits with ‘blistering’ swipe at Starmer - The Latest

Not your own made up rules.

Today in Focus
Defence secretary quits with ‘blistering’ swipe at Starmer - The Latest

Your own made up rules are there to reassure the markets.

Today in Focus
Defence secretary quits with ‘blistering’ swipe at Starmer - The Latest

But essentially, if when you're going out to the market to borrow money, they're saying, OK, but you've got to pay five, six percent interest rates.

Today in Focus
Defence secretary quits with ‘blistering’ swipe at Starmer - The Latest

I mean, that's not what the government's paying.