Autumn Statement of Intent?

Inside Briefing with the Institute for Government

Institute for Government

News, Politics, Government

4.6 • 252 Ratings

🗓️ 24 November 2023

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

Jeremy Hunt has framed the autumn statement as the biggest tax cut in British history, but do the chancellor's sums add up? The podcast team crunch the numbers and discuss what Hunt's big day in Parliament told us about the state of the economy, what the government is trying to do, and when the next general election might take place. Giles Winn, a former Treasury special adviser, joins the podcast team to reveal what really goes into planning a big fiscal statement - and trying to secure a set of positive headlines. Cath Haddon presents With Gemma Tetlow and Giles Wilkes Produced by Candice McKenzie. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Hello and welcome to Inside Briefing the podcast from the Institute for Government.
0:13.6	I'm Catherine Haddon, IFG Program Director and this week's presenter. After days, weeks and months
0:19.5	of speculation about what Jeremy Hunt might set out
0:22.3	in his autumn statement, this week the Chancellor finally revealed what might be the government's
0:27.4	penultimate fiscal statement before the next general election. So what did the Chancellor set out?
0:33.1	What does it tell us about the state of the economy? Will the Conservative Party be satisfied?
0:38.3	And how will the government's messages land with the electorate? And we might also discuss
0:43.3	what all of this might tell us about the date of the next general election, when it might be
0:48.5	thought and what it might be on. I'm pleased to be joined by two of the IFG's biggest economic brains here
0:56.6	with me in the studio. First, our chief economist Gemma Tetlow, hi Gemma. Hello, Kath. We've also
1:02.0	got our senior fellow, Giles Wilkes, a formal special advisor in Number 10 and the business
1:06.7	department. He's with us to Hi Giles. Hi, Kath. And I'm delighted that we are joined not just by
1:12.8	one, but by two Gileses today. Giles Wynne was a special advisor to former Chancellor Philip Hammond
1:18.6	from 2017 to 2019 and is now a specialist partner at Communications Consultancy, Pagefield. Thanks for
1:25.9	joining us. Thank you for having me, Kath.
1:28.2	Charles, when I'll turn to you quickly. Do you miss the big fiscal events like this, or is it
1:32.5	slightly better for the blood pressure to be on the outside? I mean, I've got to say, I love a fiscal
1:36.7	event. But working in Treasury, it's one of those things that never leaves you. So even having, you know, been gone now for a number of years, it's still, you still feel
1:44.6	that sort of energy and, you know, people sort of, you know, flatter me by asking my opinion
1:49.2	on things and you advise people about some of what it means. But, yeah, it never leaves you.
1:53.2	Let's talk a bit about the autumn statement and the background to it as well. This one has been
1:57.4	much trailed. We've been talking about it for a while. What's it like being on the inside?
	...

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