Rachel Reeves torn apart with just 9 words on GB News after humiliating ‘breaking news’.uk
Eamonn Holmes and Nana Akua spoke on the breakfast show on GB News about the latest inflation figures.
GB News presenter Nana Akua slammed Rachel Reeves and the Labour government following the latest inflation figures. It comes after inflation rose by 3.6% in the 12 months to June and went up by 0.2% from May, according to official figures. The numbers delivers a fresh blow to households already struggling with rising costs and puts more pressure on Rachel Reeves, who is already facing questions over her handling of the economy. The Chancellor had pledged to grow the economy while keeping inflation in check; however, the latest figures could have an impact on that balancing act.
On GB News, Nana slammed the government’s “incompetence” whilst speaking to a business and financial journalist, Geoff Ho, before saying in a brutal takedown: “If Rachel Reeves is the best, we’re in trouble.”
Eamonn Holmes and Nana Akua on GB News this morning (Image: X/GB News)
Eamonn and Nana also spoke to Shadow Chancellor of the Exchequer Mel Stride MP following the official numbers. Mel responded to being asked how he would do things differently from Rachel Reeves.
He replied, “That’s like somebody driving a car into a brick wall at 100mph and then asking me to take the wheel and get out of it.” Mel cited that: “It’s the wrong economic decisions that have led to higher inflation.” He then said the news is “deeply worrying for families” and “well above” the Bank of England’s 2% target.
On X he wrote: “Labour’s decision to tax jobs and ramp up borrowing is killing growth and stoking inflation – making every day essentials more expensive.”
There is mounting pressure on the Chancellor following the latest figures (Image: Getty)
Reacting to the figures, Rachel Reeves said: “That is why we have already taken action by increasing the national minimum wage for three million workers, rolling out free breakfast clubs in every primary school and extending the £3 bus far cap.”
She also confessed that there is “more to do”, adding that she is “determined we deliver on our Plan for Change to put more money into people’s pockets”.
Not all forecasters predicted a rise in inflation. Capital Economics expected inflation to drop to 3.3%. It also thinks inflation will rise further, to 3.7%, later this year.
