Broadcast overview

An AI-generated overview based on this broadcast's transcript.

At the start, a discussion considered Andy Burnham's wish to help with the cost of living, with a contributor saying he communicates well and understands ordinary people. The conversation then focused on UK government borrowing costs, which were said to have risen faster and further than other G7 countries since the US-Iran war began, with the UK paying over 5% for ten-year borrowing. Another speaker said the UK was not a basket case, but credibility, sticky inflation and investor confidence mattered; the government could not cut rates overnight but a credible plan would help. IMF comments were also mentioned.

The broadcast then crossed to Liverpool for Chancellor John Healey's speech to Labour conference. He paid tribute to former Chancellor Rachel Reeves, Keir Starmer, Treasury ministers and his wife, and set out a politics of hope based on fiscal discipline, growth and a new age of industrialisation. He listed Labour achievements, said the fiscal rules would be met and borrowing controlled to bring down inflation, criticised the previous government and Reform UK, and said the Budget in a month would put fiscal discipline at its core.

Healey went on to focus on young people not in employment, education or training, saying the number had risen to nearly one million under the Tories and that benefits should be a bridge to work rather than a trap. He announced an expanded local apprenticeship service led by mayors, backed by an extra £100 million from DWP savings, to deliver thousands more apprenticeships. He recalled the miners' strike and Orgreave, pointing to Rotherham's Advanced Manufacturing Park and young people working with high-tech systems.

On air

People and organisations this broadcast put on air during its news coverage. The channel's own presenters and reporters are not listed. Names as transcribed.

  • 3:25

    John Healey, Chancellor of the Exchequer

    “John Healey, Rawmarsh and Conisbrough CLP, GMB and Community Unions, Chancellor”
  1. 0:00
  2. 1:22

    Claim Chancellor John Healey pledges apprenticeships and shipbuilding cash as diesel hits record high

    UK borrowing costs have risen faster and further than other G7 countries since 28 February.

    BBC News, BBC News Now, 28 September 2026, 1:22-1:33

  3. 3:00

    Claim Chancellor John Healey pledges apprenticeships and shipbuilding cash as diesel hits record high

    John Healey received a standing ovation as he took to the stage.

    BBC News, BBC News Now, 28 September 2026, 3:00-3:11

  4. 5:46

    Claim Chancellor John Healey pledges apprenticeships and shipbuilding cash as diesel hits record high

    John Healey said Rachel Reeves's two Labour budgets cut NHS waiting lists and lifted half a million children out of poverty.

    BBC News, BBC News Now, 28 September 2026, 5:46-6:00

  5. 5:46

    Claim Chancellor John Healey pledges apprenticeships and shipbuilding cash as diesel hits record high

    John Healey praised Rachel Reeves as the first female Chancellor and credited her with fiscal discipline.

    BBC News, BBC News Now, 28 September 2026, 5:46-5:50

  6. 8:38

    Claim Chancellor John Healey pledges apprenticeships and shipbuilding cash as diesel hits record high

    John Healey framed Labour politics around hope, fiscal discipline, good work, and strong industries.

    BBC News, BBC News Now, 28 September 2026, 8:38-8:48

  7. 8:48

    Claim Chancellor John Healey pledges apprenticeships and shipbuilding cash as diesel hits record high

    John Healey gave a speech one month before the Budget, promising factory investments and apprenticeships.

    BBC News, BBC News Now, 28 September 2026, 8:48-9:01

  8. 15:16

    Claim Chancellor John Healey pledges apprenticeships and shipbuilding cash as diesel hits record high

    John Healey was under pressure to set out how he would address the cost of government borrowing ahead of the next budget, amid speculation about tax increases or cuts to public services.

    BBC News, BBC News Now, 28 September 2026, 15:16-15:24

  9. 16:43

    Claim Chancellor John Healey pledges apprenticeships and shipbuilding cash as diesel hits record high

    Healey said the cost of national debt reduces the amount that can be spent on public services.

    BBC News, BBC News Now, 28 September 2026, 16:43-17:01

  10. 17:09

    Claim Chancellor John Healey pledges apprenticeships and shipbuilding cash as diesel hits record high

    Healey said he and the Prime Minister were aligned on meeting fiscal rules and controlling Britain's finances.

    BBC News, BBC News Now, 28 September 2026, 17:09-17:20

Source: BBC NEWS, "BBC News Now", Monday 28 September 2026. Transcript excerpts and stills are shown only to support the analysis annotated alongside them. Search-result excerpts are distinct from the editorial annotations — see our copyright basis. The full broadcast is not reproduced.