A BBC spokesperson said chairman Samir Shah has sent a personal letter to the White House to apologise for the editing of the speech in the Panorama programme, but added: “While the BBC sincerely regrets the manner in which the video clip was edited, we strongly disagree there is a basis for a defamation claim.” Oops…
Speaking at the Confederation of British Industry conference, CBI boss Rain Newton-Smith warned Reeves:
“This Budget is about credibility and about trust. You will never be able to tax your way to growth. Growth, not taxes, is the only way out of decline, and that starts with business.”