Presenter apologises to subtitle viewers who thought finance commentator said the word 'bullocks'

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A hilarious Channel 4 clip has gone viral after a finance expert called Jacob Rees-Mogg’s reasoning behind economic crisis ‘b******s’ on air yesterday.

Speaking to BBC Radio 4’s Today programme, Mr Rees-Mogg yesterday insisted it was ‘speculation’ to blame the economic woe on the unfunded tax cuts the Chancellor announced three weeks ago.

In a fiery exchange with presenter Mishal Husain, the Cabinet minister suggested her questions were ‘not meeting the BBC’s requirement for impartiality’.

And on Channel 4 news last night, Gillian Tett – Chair of the Financial Times’ Editorial Board in the US – was asked on her views about the Business Secretary’s insistence that the Government’s mini-Budget fiasco was ‘not necessarily’ to blame for the meltdown on financial markets.

‘Well to use [a] non-technical term, that’s pretty much b******s,’ she said. ‘I think that for the most part it really was the budget and the way it was delivered…which sparked the beginning of the crisis…’  

To add to the mayhem, Krishnan Guru-Murthy later apologised to subtitle viewers who would have read it as ‘bullocks’ – meaning young male bovines.

A hilarious Channel 4 clip has gone viral after a finance expert called Jacob Rees-Mogg's reasoning behind economic crisis'b******s' on air yesterday (pictured,  Gillian Tett - Chair of the Financial Times' Editorial Board in the US)

A hilarious Channel 4 clip has gone viral after a finance expert called Jacob Rees-Mogg’s reasoning behind economic crisis ‘b******s’ on air yesterday (pictured,  Gillian Tett – Chair of the Financial Times’ Editorial Board in the US) 

To add to the mayhem, Krishnan Guru-Murthy (pictured) later apologised to subtitle viewers who would have read it as'bullocks' - meaning young male bovines

To add to the mayhem, Krishnan Guru-Murthy (pictured) later apologised to subtitle viewers who would have read it as ‘bullocks’ – meaning young male bovines

As Gillian wrapped up her analysis, the camera was back at the studio, where Krishnan said: ‘Not sure we’re allowed to say that so I’m sorry if you were offended.’

Later the broadcast showed the presenter as he perused regulator Ofcom’s rules regarding the word.

He said the ‘website describes it as medium language’, adding that it is ‘potentially unacceptable, less problematic when used to mean ‘nonsense”. 

Krishnan continued: ‘I should however apologise to people who were relying on subtitles, for whom it was spelt ‘bullocks’.’

Later, the broadcast showed the presenter as he perused regulator Ofcom's rules regarding the word

Later, the broadcast showed the presenter as he perused regulator Ofcom’s rules regarding the word

It came as yesterday, speaking to BBC Radio 4's Today programme, Mr Rees-Mogg insisted it was'speculation' to blame the economic woe on the unfunded tax cuts the Chancellor announced three weeks ago

It came as yesterday, speaking to BBC Radio 4’s Today programme, Mr Rees-Mogg insisted it was ‘speculation’ to blame the economic woe on the unfunded tax cuts the Chancellor announced three weeks ago 

Journalist Alan White shared the clip on Twitter, where it has now raked up some 2.5 million views and amassed more than 63,600 likes.

‘Incredible scenes on channel 4. Worth staying for the last five seconds of this,’ he wrote in the caption. 

Commenters rushed to express their views on Gillian’s overview and  laugh at the interaction.

‘A great moment,’ one user wrote. ‘Krishnan displays some brilliant comic timing. Nice to have something to laugh about for a change…’

The shared the clip on Twitter, where it has now raked up some 2.5 million views and amassed more than 63,600 likes

Journalist Alan White shared the clip on Twitter, where it has now raked up some 2.5 million views and amassed more than 63,600 likes – with many other users admitting they found the moment hilarious 

‘That last five seconds had me in stitches,’ another added. 

A third penned: ‘Wow. Absolute gold. Especially for those depending on subtitles, it seems.’

This week has seen fresh turmoil on the gilt market, along with continuing turbulence for pensions funds and in the price of the Pound.

And the Business Secretary stressed the economic chaos was ‘much more to do’ with the Bank of England’s failure to raise interest rates in line with the US, rather than Chancellor Kwasi Kwarteng’s actions.

In a fiery exchange with presenter Mishal Husain, the Cabinet minister Jacob suggested her questions were ‘not meeting the BBC’s requirement for impartiality’. 

The suggestion of BBC bias during his radio interview swiftly sparked a backlash.

Pat McFadden, Labour’s shadow chief secretary to the Treasury, posted on Twitter: ‘The Government’s tactics are clear: accept no responsibility for the economic chaos they’ve caused and blame anyone or anything else that they can.’

Liberal Democrat deputy leader Daisy Cooper said: ‘Jacob Rees-Mogg is denying economic reality, his bluff and bluster will do nothing to reassure people worried about their mortgages, pensions and living standards.’



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