4.2 • 4.3K Ratings
🗓️ 5 June 2025
⏱️ 44 minutes
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The Tory leadership - in the form of shadow chancellor Mel Stride - is setting out to remind voters how dangerous their own Liz Truss was. He's pledged in a speech this morning that their party will never again risk the economy with unfunded tax cuts, and admitted the credibility of the UK economic framework was undermined by her misplaced policies. Why is this coming now? And what does it say about the current Tory leadership difficulties and their challenge with Labour's narrative?
We talk to former chancellor Jeremy Hunt, author of a new book, 'Can We Be Great Again?' and we bring you the fight back that is Liz Truss.
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0:00.0 | The Newsagents podcast is brought to you by HSBC UK, opening up a world of opportunity. |
0:08.0 | This is a global player original podcast. |
0:11.7 | Nearly three years on from Liz Trusser's disastrous mini-budget, her party are determined to tell us it will never happen again. |
0:21.6 | Back then, the stakes were recognised and stability restored within weeks with a full backing |
0:28.6 | of my party. |
0:30.6 | But the damage to our reliability is not so easily undone. That will take time. And it also requires contrition. So let me be clear. |
0:43.3 | Never again will the Conservative Party undermine fiscal credibility by making promises that we cannot afford. |
0:52.3 | If you don't recognise that voice, it's Mel Stride. |
0:56.1 | He's the Conservative Shadow Chancellor, and he's out there making one thing very clear. |
1:01.4 | They deeply regret what Liz Truss did to the country, and moreover, to their party, |
1:07.3 | and they want to make sure it can never, ever happen again. And true to form, Liz Truss has |
1:14.3 | fired back at Melstride saying he is a creature of the establishment that he had been captured |
1:21.0 | by them. How do the Conservative Party move on when Liz Truss is still utterly convinced that she was right. Welcome to the |
1:31.1 | newsagents. The Newsagents. It's John. It's Emily. And Mel Stride was making |
1:40.9 | a speech in central London today, which has really taken the party, |
1:46.2 | as it is now, way beyond where they have previously been even further than Kemmy Badenock, |
1:52.6 | in terms of accepting the damage that Liz Trust did in 2022. Forty five billion pounds of |
2:00.5 | unfunded tax cuts and spending pledges you'll remember, |
2:04.4 | that really unraveled very badly. And he's gone out today to really try and, I guess, beyond the |
2:11.7 | front foot and say that they're never as a party going to risk the economy with unfunded tax cuts |
2:17.3 | like those |
2:18.1 | in list trusses mini budget. And I guess the reason that they feel they have to say this |
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