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Coffee House Shots

Have the Tories lost their way?

Coffee House Shots

The Spectator

News, Politics, Government, Daily News

4.42.1K Ratings

🗓️ 13 January 2017

⏱️ 24 minutes

🧾️ Download transcript

Summary

Katy Balls speaks to Fraser Nelson, James Forsyth, and Kate Andrews about Rishi Sunak's latest support package to aid with the cost of living, including the windfall tax on energy companies.

Transcript

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0:00.0

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0:04.4

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0:09.1

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0:13.6

Hello and welcome to special Saturday edition of Coffee House Shots.

0:25.0

I'm Katie Balls and I'm joined by James Assai of Kate Andrews and Fraser Nelson.

0:30.0

This week Ritchie Sunach announced a 21 billion pound package when it comes to dealing with the cost of living crisis.

0:38.0

This included a win-for tax, a decision that has split the Tory party, with many saying it goes against Tory values.

0:45.0

So has the Chancellor put the UK government and the country into his slippery slope?

0:51.0

Let's go to Fraser to find out his first take.

0:54.0

This was quite a moment for me, quite a depressing moment. I've always regarded Ruchy Sunak

0:59.3

as being a principal guy in a very difficult position that he inherited lots of

1:04.4

spending promises from Boris Johnson and he had spoken about his intention to

1:08.8

get the country in a path to lower taxation. His point was that to do that you need to control the spending,

1:14.6

he didn't want to put it on a deficit. I didn't quite agree with them there, but that was his intention.

1:20.0

I think this week we've seen a different sort of Conservative Party.

1:23.7

From what I gather in the cabinet meeting certainly there is, you know, this isn't something

1:28.4

to do with the regret. They were quite enthusiastic about the windfall tax.

1:33.2

It's being framed in language.

1:34.8

When I heard Richard Nick's speech,

1:37.1

this was language which I just remember

1:39.0

labor coming out with, talking about good companies

1:42.2

and bad companies, excess profits or extraordinary profits that you need to be taxed.

...

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