00:00First of all, we've got to be sure about what happened with the expenses scandal.
00:04As far as I'm aware, she absolutely denies that she was approached by anybody about the
00:09expenses scandal and the lady who was the director of HR at the time she was there said
00:16she knew nothing about an investigation and under financial, under the FCA rules, it would
00:23be expected that the head of HR would know about it.
00:27So I think there's still questions to be asked about what is going on and we'll see what
00:36happens.
00:37Right.
00:38So you agree that there are questions still remaining.
00:39I mean, Kemi Badenoch, the leader of the opposition, has tweeted this, the BBC's investigation
00:44raises serious questions for Rachel Reeves.
00:47Keir Starmer said, restoring trust in politics is the great test of our era.
00:52Still she comes clean, not just about her CV, which has been updated in terms of the
00:57dates of when she left the Bank of England and started at HBOS and also about, that was
01:03last year, what she did at HBOS in retail banking as opposed to being an economist.
01:10Not just about her CV, but about the circumstances in which she left HBOS.
01:14No one will take him seriously.
01:15Do you agree with her?
01:17Isn't that the same person who yesterday at Prime Minister's questions raised a question
01:23about the head of immigration control, who was working from Finland only for us to find
01:30out that actually he'd been working for the previous government for five years?
01:34Well, Kemi Badenoch may not have been completely right about that.
01:38I think we need to sort out what the facts are first before we jump to the conclusion
01:45that this is correct.
01:46Right. There was an expenses investigation, that we do know, into Rachel Reeves and two
01:51other senior managers.
01:52You are absolutely right that she left mutually agreed terms at the end of HBOS.
01:58But the very fact there was an investigation, would you like to see more work done on this?
02:04Well, I think that there's no point not wanting it because it's going to happen, isn't it?
02:09And I've known Rachel Reeves, whose birthday it is today, by the way, for a very long time.
02:16And I would say that she is one of the most hardworking, honest politicians that I have
02:21ever met in a very long career.
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