00:00We have to look at the UK government at the moment because borrowing costs are so high at the moment.
00:07The pound that's down, sterling against all major currencies, especially the euro.
00:13It's not a pretty picture on the day that, as Lily said, we had the king's speech, pomp, pageantry and
00:20setting out the future of the country.
00:23Well, again, I do have a negative bias towards labour policies in general.
00:28I don't believe they can deliver on the promises.
00:32I don't believe their policies can increase the size of the economy, can improve employment, can attract investments by definition.
00:42But again, the Labour government came with very huge promises and with a very big win, as you said, and
00:51they are failing to deliver and the people are feeling this.
00:56On the other hand, we have to acknowledge that Starmer has been doing very well on the international level in
01:04terms of respect, in terms of communication with Europeans, with Washington, even with Asian countries altogether.
01:12He has been playing a very significant role.
01:15And I do...
01:16On to that, it doesn't matter for the local elections.
01:19The local elections are about, you know, the practicalities of things and mostly the economy in a broader sense.
01:28And because it is thousands and thousands of votes, I agree with what Lily said, that practically a win is
01:37a big win in local elections and the defeat is a big defeat in local elections.
01:41It will influence definitely the support that he has altogether.
01:45It will influence the support that he has to do with the support that he has to do with the
01:47support that he has to do with the support that he has to do with the support that he has
01:47to do with the support that he has to do with the support that he has to do with the
01:49support that he has to do with the support that he has to do with the support that he has
01:49to do with the support that he has to do with the support that he has to do with the
01:49support that he has to do with the support that he has to do with the support that he has
01:49to do with the support that he has to do with the support that he has to do with the
01:49support that he has to do with the support that he has to do with the support that he has
01:49to do with the support that he has to do with the support that he has to do with the
01:49support that he has to do with the support that he has to do with the support that he has
01:49to do with the support that he has to do with the support that he has to do with the
01:49support
01:49You
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