214. Are Tory Cuts Credible?

The Rest Is Money

Goalhanger

News, Politics, Business

3.6 • 1.1K Ratings

🗓️ 8 October 2025

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

What is Badenoch’s new fiscal Golden Rule? How many vulnerable people would be hurt by their planned welfare cuts? Why would the Tories slash overseas aid again? At the end of Tory conference, Robert talks with Shadow Chancellor, Mel Stride. Find out more about how Google’s AI is helping fuel the UK’s growth and transformation and read the report at goo.gle/aiworks. Email: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠restismoney@gmail.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ X: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Instagram: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ TikTok: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@RestIsMoney⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://⁠⁠⁠goalhanger.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Assistant Producer: India Dunkley, Alice Horrell Producer: Ross Buchanan 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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1:02.5	Find out more at Zendesk.com. Hello and welcome to The Rest is Money with me, Robert Pest and
1:19.6	Steph's away today, but I'm delighted to be joined on the last day of Conservative Party conference here in Manchester by Mel Stride the shadow
1:27.6	Chancellor Mel very good to see you today your colleague your leader
1:34.8	Kemi Badenock is announcing a new rule that would apply to a new
1:41.4	conservative government which is that when you make public spending savings,
1:50.4	50% would automatically be applied to reducing the national debt with the other 50% going towards tax cuts.
2:00.8	Just talk me through how this would work. the national debt with the other 50% going towards tax cuts.
2:06.9	Just talk me through how this would work in slightly more practical terms.
2:12.8	Oh, you're talking about there'd be a new Act of Parliament that would make this absolutely sort of mandatory?
2:14.9	Is it just a rule of thumb that you would follow?
2:17.2	What's your thinking?
2:19.1	Well, I think it could have a legislative vehicle. Of course, it is the Chancellor of the day that
2:24.8	sets the fiscal rules and the fiscal framework, but it could have an underpinning of going
	...

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