Keir Starmer to SACK Rachel Reeves? Markets 'TERRIFIED' as rumours swirl of Ed Miliband replacement

Welcome to Lee Anderson's Real World.

I'm Lee Anderson, the Reform UK member

of Parliament for Ashefield. And tonight

on the show, he's back after a bit of a

stayaway period. Steven, what's been

happening? Well, grandfather duties.

>> Grandfather duties. He's our left in the

corner. That's Steven Pound. And we got

the very lovely Laura Brown. You're the

um commissioning editor at The

Spectator. That's right. Yes. This week

there are there are rumors Stephen that

Saki Stormer after a difficult period is

thinking of of shuffling a few of his

cabinet members and I think the number

10 a spokesman for number 10 did say

after PMQ was on Wednesday that they got

full confidence in Rachel Reeves the

chancellor now we all know what that

means is it time for her to go

>> well you're thinking about the old

football manager thing I've got complete

confidence in the manager you know he's

going to get the tint tac first thing in

the morning look there could be nothing

more utterly disastrous and unpatriotic

than sacking the chancellor of the

exchecker today because it would put the

bond markets into turmoil. The bond

markets love stability. We do not want

to go back to the insanity of the Liz

trust budget. So at the moment there

probably will be a reshuffle after May

the 7th and who knows what's going to

happen after May the 7th. But the

reality is that for the moment to sack

the chancer would be bad for Britain.

>> Is it bad for Britain Laura or good for

Britain?

>> Well it's difficult here because almost

all of the outcomes are quite bad for

Britain. Steven's right. The bond

markets are terrified of Rachel Reeves

going and that's because they think

they'll get Ed Miller band instead.

>> And if there's one thing that's worse

than Rachel Reeves, it's Ed Milliband. I

also think if we look at the like a

number of the really bad calls that

Rachel Reeves has made in in office, the

U-turn on the winter fuel payment, the

family farm tax and the sort of changes

around that, her attempt to cut welfare

and then completely giving up on it at

the last minute. These aren't all her

mistakes. her MPs won't back sensible

policy and Karma has forced her into

U-turns. So, we got to be careful here.

I'm not sure you can lay too much blame

at just her job.

>> The reality is, you know, one one U-turn

is some one one person's U-turn is

another person's listening and changing

them. When the facts change, you change

your mind. The winter fuel payments, I

have to say initially the idea of having

it for every single person, the king of

England gets a winter fuel payment was

bonkers. And so, what we've done is

we've come up with a better scheme. So,

it wasn't the old universal system of

winter fuel benefit. It's a targeted

one. What could possibly be wrong with

that?

>> Because it's more expensive than the old

system giving everyone to fuel payments.

>> Apart from that, what could possibly be

wrong with that? So, whose fault is it?

>> Well, Star's fault and a pretty

lackluster cabinet's fault, I would say.

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>> A lackluster cabinet Steven and Storm's

for. Is he a weak leader? Yeah, he he's

he's a strong leader in some ways, but

the the reality the reality is that he's

a strong leader and the fact the reality

is he's there for the duration. There is

no way that the Labour Party is going to

dump him. We've never ever dumped one of

our leaders. We don't do that. So, he's

there for the time being. If he does go,

it'll be because he wants to.

>> Well, make your mind up, Stephen. He

says he's not going to go and the next

breath he might go.

>> No, no. I'm I'm saying if if it would

have to be he himself simply waking up

one morning said, "I can't hack it

anymore." We have to remember we're used

to conservative rule and the tries

govern by register. It's very very easy

for them to get rid of their prime

ministers. It is more difficult for

Labor because the only mechanism for it

to happen requires a lot of MPs. I think

it's 80 in the current parliament to get

behind one candidate and we have all

seen the factions on the left. I mean

you'll have the Burnham ticket, the

streeting ticket, the Raina ticket, the

Miban ticket probably. That being said,

>> I think he's so bad they're going to do

it. I think they're going to get so

nervous that they will eventually unite

behind one figure.

>> But Lee, the the reality is that anybody

who thinks that they're going to

actually keep their seats by changing

the leader is delusional. We've been

there before. The tourists went through

four prime ministers in five how many

under 10 years. It simply doesn't work.

So the the reality is that who knows

what it's going to be like.

>> Have you ever known, Stephen, a more

unpopular prime minister in your

lifetime?

>> Damn right mate. I was I was there in

the 80s when we had Margaret Thatcher

was loathed. this by the country.

>> Genuine polling would say that he is the

most unpopular prime minister since the

Second World War. Like he is more

unpopular than Thatcher. Whatever you

think personally that the facts bear

that out. The the crater in his polling

numbers is pretty unprecedented. He most

people become unpopular after 5 years,

after 9 years. People tire of them.

>> He was negative polling in the first few

months after the election.

>> You got you got to work up to that level

of unpopularity. It's not easy. But I

mean Harold Wilson was incredibly

unpopular if you remember what it's like

in the mid60s but then he know he won

two elections. It it does happen. I I

think what is different here is that in

some ways the the nightmare of the

Corbyn years have actually shown that

the pendulum in the Labour party has

swung too far in the wrong direction. I

was there during the Corbyn time. You

know you were around. We know what it

was like. And so what the Labour Party

wanted to do was to have the polar

opposite to Corbyn which they've done.

Unfortunately going from hard far left

to the right. We should have actually

had

>> Here's the thing though, Stephen. If um

if he did decide to sack the chancellor,

>> who would replace her?

>> Well, good question.

>> It is a good question. Who who would be

your choice? Your top tip, your your top