Analysis: A Budget for the history books
Radical with Amol Rajan
BBC
4.5 • 919 Ratings
🗓️ 31 October 2024
⏱️ 36 minutes
🧾️ Download transcript
Summary
How will the first Budget by a female chancellor and the first from a Labour government since 2010 be remembered? Nick is joined by Stephanie Flanders, head of economics and politics at Bloomberg, and Professor Tim Leunig from the London School of Economics, who advised two Conservative chancellors. Together they dig deeper into the Budget following Nick’s interview with Rachel Reeves on the Today programme. Plus Amol takes a break from half term childcare to give us his reflections. The Today Podcast comes out once a week. It’s hosted by Amol Rajan and Nick Robinson who are both presenters of BBC Radio 4’s Today programme. Amol was the BBC’s media editor for six years and is the former editor of the Independent, he’s also the current presenter of University Challenge. Nick has presented the Today programme since 2015, he was the BBC’s political editor for ten years before that and also previously worked as ITV’s political editor. To get Amol and Nick's take on the biggest stories and insights from behind the scenes at the UK's most influential radio news programme make sure you subscribe on BBC Sounds. That way you’ll get an alert every time we release a new episode and you won’t miss our extra bonus episodes either. You can also listen to the latest episode of The Today Podcast any time on your smart speaker by saying “Smart Speaker, ask BBC Sounds to play The Today Podcast.” If you have a question you’d like Amol and Nick to answer, get in touch by sending us a message on WhatsApp to +44 330 123 4346 or email us Today@bbc.co.uk The senior producer is Lewis Vickers, the producer is Nadia Gyane, research and digital production from Joe Wilkinson. The editor is Louisa Lewis. The executive producer is Owenna Griffiths. Technical production from Gareth Jones.
Transcript
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| 0:00.0 | We get it. Life is busy. You want to keep up with the news, but there's just too much going on. |
| 0:06.9 | Which is where Newscast comes in. We do the work, and when you're ready to dig deeper into the day's news, you just pop us into your ears. |
| 0:14.8 | It does mean we have to put in the hard work, though. |
| 0:17.5 | Listen to Newscast every day on BBC Sounds. |
| 0:21.4 | BBC Sounds, music, radio, podcasts. |
| 0:25.2 | I've just come from presenting the today, but I'm just up one floor here in Broadcasting House. |
| 0:31.0 | And I'm mulling on the interview I've just done with the Chancellor, Rachel Reeves, about her first budget. |
| 0:38.4 | It's bigger than that, isn't it? |
| 0:39.9 | It's the first budget of a new era. |
| 0:41.9 | The first budget by a Labour Chancellor since 2010, the first budget meant to define the mission of this government, |
| 0:51.7 | to draw the political battle lines for many years ahead. |
| 0:55.3 | Now, if you care to, you can hear my interview with the Chancellor in full |
| 0:58.8 | in an episode of the Today podcast we published earlier, |
| 1:02.5 | and in this episode, we're going to chew over what she announced, |
| 1:07.9 | what she said, what her friends and allies and critics are saying about this |
| 1:13.1 | budget, why it matters and why it will be remembered. I think it will be one of the budgets |
| 1:19.3 | that we're still talking about in many years to come. Amel is away for reasons you'll hear in |
| 1:25.8 | just a few moments, but he has sent his thoughts, |
| 1:28.2 | some questions for me to address, but above all, for my guest this week to address. |
| 1:35.5 | Former BBC economics editor Stephanie Flanders, who is now head of economics and politics at Bloomberg, |
| 1:41.8 | and alongside her, is Professor Tim Looneck of the LSE, who is |
| 1:46.2 | a chief economist at Public First Consultants and has a rather grand new job at what's called |
... |
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