Austerity 2.0: can Reeves cut her way to growth?

Pod Save the UK

Crooked Media

News Commentary, News, Government, Politics

4.6 • 1.2K Ratings

🗓️ 27 March 2025

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

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Summary

First the good news: we might just manage to build a lot of new houses. And the bad news? Millions of people will be worse off and about fifty thousand children will be pushed into poverty by welfare reform. Nish and Coco unpack Rachel Reeves’ Spring Statement with the help of economist James Meadway, former advisor to John McDonnell. It was pretty bleak stuff from Reeves: the world is scary, growth is low and cuts are coming. All with a strong whiff of austerity 2.0.

Transcript

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0:00.0	Hi, this is Pod Save the UK. I'm Nish Kumar.
0:04.8	And I'm Coco Khan. So, Nish, you ever accidentally ended up in a top secret military messaging group?
0:11.0	Who amongst us has not accidentally added a journalist to a top secret military messaging group
0:18.5	where we're discussing plans to bomb another country.
0:21.7	Let he who is without sin launch to the first missile.
0:25.2	I can't say it's happening.
0:26.1	I've been in some hen party WhatsApp groups that feel like you're in the military.
0:30.5	Do you know what I mean?
0:30.9	10 a.m. Rose, you will enjoy it.
0:33.2	I can't say something I particularly relate to.
0:36.2	Oh, 200 hours.
0:38.0	You will be wearing a hat shaped like a penis.
0:41.0	Yeah, exactly, exactly.
0:42.8	What you're talking about is the biggest security fuck up in the US
0:46.7	where a journalist was invited into a group chat
0:49.1	where Trump officials were planning airstrikes on Yemen.
0:52.1	It's just mad, isn't it?
0:53.4	And not just that, can I say,
0:54.7	they were also slagging us off,
0:56.0	saying that we're freeloading Europeans.
0:58.5	Vice President J.D. Vance said that he hates failing Europe out again.
1:01.9	And Secretary of Defence, Pete Higgs has replied,
	...

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