Do we have enough money now?
Beyond Today
BBC
4.6 • 1.1K Ratings
🗓️ 29 October 2018
⏱️ 21 minutes
🧾️ Download transcript
Summary
It’s Budget Day and the chancellor has been telling Parliament that austerity is at an end. As he scatters cash around the government, how confident should we be that we really do have enough money now? The BBC’s Evan Davies and Helen Miller from the Institute for Fiscal Studies tell us.
Transcript
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| 0:00.0 | BBC Sounds, music radio podcasts. |
| 0:08.6 | Hello, I'm Matthew Price and this is Beyond Today from BBC Radio 4. |
| 0:17.0 | We're a new daily news podcast presented by me and Tina Deheelie. |
| 0:21.0 | She'll be here tomorrow. |
| 0:22.7 | And every day we'll tackle one big question |
| 0:25.6 | about one big story. |
| 0:27.6 | Today we're asking, do we have enough money now. |
| 0:39.0 | It's an interesting day for us to launch. It's a huge moment in the political calendar. |
| 0:43.1 | The Chancellor's going to Parliament |
| 0:45.0 | to tell us how much money the government has |
| 0:48.1 | and what he's gonna spend it on. |
| 0:50.2 | And down here in the heart of the biggest newsroom in the country, the news machine is humming. |
| 0:54.7 | Everybody's busy with previews and briefings and reactions. TV crews are being dispatched to the |
| 1:02.1 | Houses of Parliament and Downing Street. |
| 1:05.4 | So it's a big news day. |
| 1:06.9 | Our colleagues are already busy of course giving you brilliant analysis and you can get |
| 1:11.2 | all the budget details in your news feeds. |
| 1:14.0 | But what we want to do here each day is to take a step back. We've had a decade of cuts. In 2008, when the banks collapsed, the government spent billions and billions saving the financial |
| 1:35.3 | system, and it's been trying to make that money back ever since. |
| 1:39.5 | It's done it by freezing pay for doctors and nurses, the police, teachers. |
| 1:45.0 | It's done it also by cutting budgets for local authorities, justice, defense. |
| 1:50.0 | But a few weeks ago, the Prime Minister announced that this austerity as it's known |
... |
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