A Spring Budget haunted by the OBR
Planet Normal
Louisa Wells
4.7 • 2.9K Ratings
🗓️ 7 March 2024
⏱️ 54 minutes
🧾️ Download transcript
Summary
The Chancellor has revealed his Budget but the rocket of right-thinking has spotted a shadowy figure on the horizon heading towards Mr Hunt - the Office for Budget Responsibility.
Strapping into the rocket to help navigate the nuances is Helen Thomas from Blonde Money, a former advisor to then-Chancellor George Osborne. Helen thinks that the ghost of ignoring the OBR in the now infamous Autumn Budget of 2021 is haunting the current government, and making them over cautious.
Liam thinks the OBR is at loggerheads with the Treasury as the Chancellor wanted to give a big cut to grab headlines but he had to compromise with a cheaper option.
And Co-Pilot Pearson, aka Velma, also has some concerns about these spooky shenanigans - namely that the government has missed the mark by not addressing first time buyers and social mobility.
Plus, as ever, we delve into the bulging PN mailbag.
Read more from Liam: https://www.telegraph.co.uk/authors/liam-halligan/ |
Read more from Allison: https://www.telegraph.co.uk/authors/a/ak-ao/allison-pearson/ |
Read Allison: 'Stop being scared of Islamophobia. Start worrying about Anglophobia' https://www.telegraph.co.uk/columnists/2024/03/05/the-government-new-extremism-laws-needs-engage-muslim-women/
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Transcript
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| 0:00.0 | Five. |
| 0:04.0 | The Tories have not done nearly enough in this budget to move the political dial. |
| 0:09.0 | Four. |
| 0:10.0 | We do have growth. |
| 0:12.0 | Well, we don't have any growth actually. I was going to have a growth problem in the UK. We just don't have any growth. |
| 0:17.0 | That speech was too little, too late, too timid, too richy. |
| 0:24.4 | One is more vaguely compass |
| 0:28.1 | than the other. |
| 0:29.0 | That's what most people say about planet normal. |
| 0:31.0 | Who's Biden and can I be trouble? |
| 0:33.0 | Ha ha ha ha. |
| 0:35.0 | One. |
| 0:36.0 | We have lift off. |
| 0:41.0 | Welcome once again to Planet Normal, the Telegraph |
| 0:44.0 | podcast with Allison Pearson. |
| 0:45.6 | Hello, and me Liam Halligan. |
| 0:48.0 | So gorgeous George Galloway prevailed in the Rochstau by election. |
| 0:52.0 | He told Planet Normally he was |
| 0:53.7 | Odds on favorite to win and win he did. The victory of the former Labour |
| 0:57.6 | Firebrand turned pro-Palestine campaigner in the Greater Manchester constituency |
| 1:01.8 | provoked nothing less than a speech on the steps of number 10 |
| 1:06.0 | by Prime Minister Rishi Sunak, |
... |
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