Election 2017: Young voters changed the economic game plan - and what the DUP can bring to the party

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This is Money

Business News, Business, Investing, News

4.1 • 650 Ratings

🗓️ 9 June 2017

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

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Summary

It was meant to be an election about Brexit but it turned into one about new young voters and what they wanted. They wanted change. What they got was a minority Government, a coalition between the Conservatives and Northern Ireland’s Democratic Unionist Party (DUP). But there are five more years until the next election and anyone 14, 15, 16, and 17 years old now will be able to vote in the next one. As well as some 13 year olds. They’re now part of the discussion like never before. Simon Lambert, Georgie Frost and Rachel Rickard Straus discuss how this is likely to affect our finances now and over the next five years. Can this Government even implement anything from their manifestos? How will they tackle impending debt and housing crises? What the hell will Brexit look like? Can they tackle the intergenerational inequality that the new voters clearly crave? Rachel explains the financial and economic plans in the DUP manifesto and how that’s likely to clash with Tory plans. You don’t get stuff like anywhere else. Enjoy.

Transcript

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0:00.0	Welcome to This Is Money podcast. I'm Georgie Frost and join me today is editor Simon Lambert and personal finance editor Rachel Rickard Strauss.
0:11.5	Don't forget to stay up to date on all the latest breaking money news. Go to this ismoney.com.
0:15.6	But on the agenda today, where else but a bruising result for the Tories in the general election?
0:21.6	The result, the markets feared.
0:23.6	The first few hundred jumps as sterling falls, but what will hung parliament mean for you, your
0:27.6	investments, pensions and that pound in your pocket?
0:30.6	What too?
0:31.6	For Brexit negotiations, meanwhile, as house prices continue to rise, property inflation shrinks
0:36.6	to a third of last year's
0:38.3	peak, given increased political uncertainty, are we further away from a strong and stable
0:42.9	situation for buyers and sellers with a comprehensive rundown?
0:47.2	But first, remember this.
0:49.1	Our opponents believe because the government's majority is so small that our resolve will
0:53.7	weaken and that they can
0:55.2	force us to change course. They are wrong. They underestimate our determination to get the job done.
1:05.9	And I am not prepared to let them endanger the security of millions of working people across the country.
1:13.2	Because what they are doing jeopardises the work we must do to prepare for Brexit at home.
1:20.3	And it weakens the government's negotiating position in Europe.
1:25.1	If we do not hold a general election now, their political game playing will continue,
1:30.3	and the negotiations with the European Union will reach their most difficult stage in the run-up to the next scheduled election.
1:38.3	Division in Westminster will risk our ability to make a success of Brexit
1:45.0	and it will cause damaging uncertainty and instability to the country.
	...

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