26/03/2025
Today in Parliament
BBC
4.4 • 162 Ratings
🗓️ 26 March 2025
⏱️ 28 minutes
🧾️ Download transcript
Summary
Susan Hulme reports on Chancellor Rachel Reeves's Spring Statement, Prime Minister's Questions, and more.
Transcript
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| 0:00.0 | BBC Sounds, music, radio, podcasts. |
| 0:04.8 | Order. Order. |
| 0:07.3 | Hello, I'm Susan Hume and this is the Today in Parliament podcast for Wednesday, the 26th of March. |
| 0:13.6 | Coming up, the Chancellor announces welfare cuts and more defence spending to balance her books in an uncertain world. |
| 0:20.6 | There are no quick fixes, but we have taken the right choices. defence spending to balance her books in an uncertain world. |
| 0:24.8 | There are no quick fixes, but we have taken the right choices. |
| 0:29.2 | But the Conservatives say she can't blame others for the fragile economy. |
| 0:31.9 | This is a consequence of her choices. |
| 0:37.1 | She is the architect of her own misfortune. |
| 0:37.5 | Also, a Ukrainian minister accuses Russia of abducting and brainwashing her country's children. |
| 0:43.6 | It erases their identity. So this is like cultural genocide. |
| 0:47.6 | But first, the Chancellor Rachel Reeves has signalled further cuts to welfare |
| 0:52.0 | in an economic statement, she said, would restore stability |
| 0:55.3 | to public finances. She's had to make changes since her budget in the autumn, thanks to higher |
| 1:01.0 | government borrowing costs eating up her financial wriggle room. The Chancellor blamed the turbulence |
| 1:06.3 | in world affairs for the more difficult economic picture. And although she didn't mention President Trump's |
| 1:12.3 | decisions explicitly, she said the world was changing before our eyes. The threat to Europe had been |
| 1:18.2 | transformed by Russia's invasion of Ukraine. It has since escalated further and they continue to |
| 1:25.2 | evolve rapidly. At the same time, the global economy has become |
| 1:29.7 | more uncertain, bringing insecurity at home as trading patterns become more unstable, |
| 1:36.3 | and borrowing costs rise for many major economies. |
| 1:40.3 | The job of a responsible government is not simply to watch this change. |
... |
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