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The Rest Is Politics: Leading

147. I Thought It Was a Prank - Then I Was Chancellor: Jeremy Hunt (Part 2)

The Rest Is Politics: Leading

Goalhanger

News, Government, Politics

4.6 • 3.2K Ratings

🗓️ 10 August 2025

⏱️ 50 minutes

🧾️ Download transcript

Summary

What was it like to be handed the reins to the economy following the Liz Truss mini-budget collapse? How did Jeremy Hunt feel fighting an election that he knew the Conservatives would lose? How would Thatcher have dealt with Trump?  Alastair and Rory are joined by former Chancellor Jeremy Hunt to answer all this and more.  TRIP Plus: Become a member of The Rest Is Politics Plus to support the podcast, receive our exclusive newsletter, enjoy ad-free listening to both TRIP and Leading, benefit from discount book prices on titles mentioned on the pod, join our Discord chatroom, and receive early access to live show tickets and Question Time episodes. Just head to therestispolitics.com to sign up, or start a free trial today on Apple Podcasts: apple.co/therestispolitics. Instagram: @restispolitics  Twitter: @RestIsPolitics  Email: restispolitics@gmail.com Social Producer: Celine Charles  Assistant Producer: Alice Horrell Producer: Nicole Maslen Senior Producer: Dom Johnson Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Thanks for listening to The Restis Politics. Sign up to the Restis Politics Plus.

0:03.6

To enjoy ad-free listening, receive a weekly newsletter, join our members' chat room and gain early access to live show tickets.

0:09.4

Just go to therestispolities.com. That's therestispolics.com.

0:16.1

Hello and welcome to the second episode of the Restis Politics Leading, where Alistair and I are talking to Jeremy Hunt.

0:26.8

And if you listen to episode one, you'll know that we talked a bit about Jeremy Hunt's early life and he's rise into politics and what he thought of some of the big figures in politics.

0:35.8

And in particular, his time with Cameron

0:38.1

and Osborne, London 2012 Olympics, and his time as Health Secretary. But now we're going,

0:43.4

moving into maybe more controversial times, foreign secretary and then chancellor under

0:48.8

Liz Truss, after he picked up the pieces of her mini-budget.

0:56.8

Jeremy, before we get into what sort of conservatory,

0:58.9

let's actually go straight to the Chancellor thing,

1:03.9

because that was an unbelievable period in British politics where Listruss-Truss beats Rishishinac for the leadership of the Tory party.

1:10.0

I don't need to ask who you voted for.

1:13.3

And it's just mayhem.

1:17.3

And we have this, she brings in quasi-quieting as Chancellor.

1:21.7

We've talked to him on the podcast before,

1:24.2

and even he seemed to think it was all a bit sort of weird and wacky.

1:29.2

And then he falls.

1:32.1

He becomes the sort of fall guy for the market.

1:34.0

It's going completely crazy on the back of the many budget that she was so proud of.

1:38.9

And then you're by now on the back benches and you get a phone call.

1:43.1

So just sort of talk us through it.

...

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