Guido joined the farmers’ protest today, alongside thousands of furious farmers pushing back against Rachel Reeves’ “ruthless” family farm death tax. Despite the rain, well over 10,000 had flocked to London from all corners of the country—some setting foot in the capital for the first time ever—all united in their rage at the government’s anti-farmer agenda. Guido was the first news website to raise the prospect of protests as he heard of rapid plans to descend on Westminster the day after Reeves’ tax-raising budget. You’re either in front of Guido…
Guido asked a few farmers about what’s at stake for their livelihoods, with one farmer telling Guido more protests will come if Labour don’t listen. As one farmer put it, “this needs to change, or else Starmer will find himself very hungry, won’t he”…
Former Treasury minister and adviser to Burnham in the Makerfield campaign Lord Jim O’Neill, who has turned down a role in his government, said Burnham’s first statement Commons was:
“The last thing investors wanted to hear… gilt yields have risen by a 0.25% in one day, which is a lot. We’ve not had that since Liz Truss days… If your country is under the focus of ‘can they come up with a sensible fiscal strategy’ on a day when the markets think ‘well no, you’re not showing any sign of it’ you’re going to have a tough day…if it stays like this your mortgage rate is going up.”