Nick Ferarri humiliates Rachel Reeves in brutal five-word takedown | TV & Radio | Showbiz & TV

Nick Ferrari criticized Labor MP Rachel Reeves for allegedly ‘lying’ while hosting the LBC program on Monday (December 1). The Chancellor now faces multiple accusations that he misled the public before announcing his divisive Budget last week. “The hits keep coming,” the Express.co.uk columnist shared as he read newspaper headlines, all of which criticized Reeves at his pre-budget press conference on Tuesday, November 4.

During this conversation, Reeves discussed productivity, a measure of the economy’s output per hour worked, and how that affects the numbers, spreadsheets, and thus the calculations and tradeoffs he must make. This alone, he claimed, would make things more difficult for everyone. However, it was not noted that tax revenues were much better than expected and more than offset the decline in productivity growth.

Reeves said the OBR figures were clear there was “less fiscal space than is available” and that he had been “clear” in his decision-making. But Conservative leader Kemi Badenoch reiterated her call for the Chancellor to resign.

Asked about the issue during his BBC One show with Laura Kuenssberg on Sunday, Reeves said he “does not accept” that it was misleading. Badenoch, who attended the program, also said that he was not happy with the Chancellor’s denial.

The Conservatives accused the Chancellor of giving an overly pessimistic impression of the public finances to justify tax rises, while Badenoch claimed Reeves was “lying to the public”.

Reeves revealed OBR figures had been cut from £9.9bn in the spring to £4.2bn in the autumn, despite critics saying “I don’t have an extra £4bn to play with”.

Headroom refers to the amount of money left over after the Government has covered expected Budget costs within its fiscal rules, providing a fiscal buffer for unexpected spending.

Taking questions from the press on Monday, Keir Starmer was asked directly by a BBC reporter whether Reeves had misled the public by refusing to be “candid about what he knew” in his statements ahead of the Budget.

The Prime Minister shared that the OBR review ahead of the Budget showed it would be £16bn less than previously estimated.

He added that the government had made commitments to protect the NHS and public services, reduce borrowing costs and improve costs of living. “Therefore, it was inevitable that we would increase the revenue in this case. Therefore, there was nothing misleading in this,” Starmer said.