Can the Cabinet really solve the 'cost of living' crisis?
Coffee House Shots
The Spectator
4.4 • 2.2K Ratings
🗓️ 26 April 2022
⏱️ 13 minutes
🧾️ Download transcript
Summary
Isabel Hardman talks to Katy Balls and James Forsyth about how effective these plans could be and how they may be received by the voters.
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Transcript
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| 0:00.0 | This podcast is sponsored by Canacord Genuity Wealth Management, |
| 0:04.3 | award-winning wealth managers who go above and beyond to support and guide you. |
| 0:09.1 | Visit candewelth.com to start building your wealth with confidence. |
| 0:21.3 | Hello and welcome to Coffee House Shots, |
| 0:23.2 | Spectators Daily Politics Podcast. I'm Ms. Berhardman and I'm joined by James |
| 0:27.6 | Forsyth and Katie Bulls. Well, Cabinet often leaks, but today we have had a pre-briefing of |
| 0:34.7 | what Boris Johnson was going to say at Cabinet just to make sure that we all got the message. |
| 0:40.3 | James, what is the message that he wants us to know about? |
| 0:43.2 | So the message is that he's told the Cabinet to come up with ways to help ease the cost of living |
| 0:48.5 | crisis, to show the Government it's doing what it can. The catch is he's told to come up with |
| 0:52.9 | non-fiscal ways, so e.g. ways that don't cost any money. Because they're having their own |
| 0:57.4 | cost of living crisis. Exactly. Now, there are some things you can do. So, for example, |
| 1:04.0 | you can cut tariffs on food. At the moment, the Government is sticking to cutting tariffs on food |
| 1:09.1 | that the UK doesn't produce itself. So, think of things like rice, which obviously the climate |
| 1:13.0 | here is not suited to grow. More controversial, which David Frost, the former Brexit |
| 1:18.6 | Opportunities Minister, has called for, will be for the UK to start cutting tariffs on the food |
| 1:22.5 | it eats itself produces in an attempt to lower prices. They're not yet prepared to go that far. |
| 1:29.1 | And so, I think you see here the Government trying to say, look, we are trying to help, we're trying |
| 1:33.6 | to do things. I think the problem we need to talk to people in Government about this is that, |
| 1:38.3 | you know, yes, you can reduce the cost of reapplying for a driving license or things like that, |
| 1:43.6 | but that is not really what is causing people to feel concerned about their finances. |
| 1:48.5 | It's what's having to energy bills, whether Government has spent £9 billion, but people are still |
... |
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