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The Story

How the Tory budget could be a headache for Labour

The Story

The Times

News Analysis, In-depth Journalism, Uk News, Investigative Reporting, News, Audio Storytelling, Current Affairs, Global News, Politics, Daily News, Long-form Audio, Daily News Podcast, Exclusive Interviews

3.91.6K Ratings

🗓️ 21 November 2023

⏱️ 32 minutes

🧾️ Download transcript

Summary

Tomorrow, Chancellor Jeremy Hunt will present his Autumn Statement to the Commons. For a government down in the polls, it may offer the opportunity for giveaways - and the Prime Minister says his government “can and will” cut taxes. But, with an economic recovery precarious, and coming before a general election next year, could a future Labour government be left paying the bill?

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Guest: Mehreen Khan, Economics Editor, The Times.

Host: Manveen Rana.

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Transcript

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0:00.0

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guidance that helps clients thrive.

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0:26.0

Learn more at city.com slash we are city.

0:30.0

May I have your attention please you can now book your train tickets on Uber and get

0:38.3

10% back in credits to spend on your next Uber ride so you don't have to walk home in the rain again.

0:45.0

Trains, now on Uber.

0:48.0

T's and C's apply. Check the Uber app. back.

0:55.0

Tomorrow, like so many chancellors before him, Jeremy Hunt will leave 11 Downing Street for what must be the most

1:06.7

awkward photo op in Westminster, smiling while brandishing his red box.

1:13.0

But the autumn statement locked away inside the briefcase

1:17.0

is already causing controversy.

1:20.0

The Chancellor is expanding the restart scheme in job centres, providing intensive support for those who've been out of work for more than six months,

1:28.0

but he will remove benefits from anyone who refuses to accept a job or training after being unemployed for 18 months or more.

1:36.7

We believe that work is good for everyone. We don't think that sitting at home on benefits is good for anyone's mental health and

1:45.2

it's not fair to taxpayers either. Following rumors that there might be

1:50.4

potential tax cuts in the offing the Prime Minister confirmed that there might be potential tax cuts in the offing, the Prime Minister confirmed that there might be

1:54.6

some goodies on offer tomorrow.

1:56.8

Now that inflation is halved and our growth is stronger, meaning revenues are higher, we can

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