How to plug a £40bn black hole

Political Currency

Persephonica

Business, Economy, George Osborne, Westminster, Politics, News, Money, Ed Balls

4 • 855 Ratings

🗓️ 17 October 2024

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

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Summary

How can Rachel Reeves solve her £40 billion budget gap without breaking Labour’s manifesto promise? Ed Balls and George Osborne take a deep dive into the tax hikes she has and hasn’t ruled out - and whether she can fairly class raising employer National Insurance contributions as manifesto-friendly.

Elsewhere, Labour continues to woo the business community - this time at its International Investment summit. But can an event like this overcome the very real barriers to growth that the UK faces?

And, with the passing of controversial SNP titan Alex Salmond, Ed and George look back on his legacy, and the state of his former party.

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Production support: Caillin McDaid

Technical Producer: Oliver Geraghty

Producers: Rosie Stopher, Miriam Hall and Danny Garlick

Executive Producers: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

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Transcript

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0:00.0	Hey guys, it's Abby Clancy here, the host of Exhibit A podcast, and we're currently sponsored by the new
0:05.6	Audible Original Podcast, Darren Brown's Boot Camp for Memory.
0:09.7	This podcast is so interesting because it's all about our memory.
0:14.3	I know we've all been in that situation where you go into the kitchen and think
0:17.8	what am I here for because I know I have.
0:20.0	Check out Darren Brown's Bootcamp for memory on Audible Now.
0:23.0	And if you haven't already, have a listen to other podcast in Darren's
0:26.1	Boot camp series while you're there too.
0:28.3	Listen now only on Audible.
0:29.8	Subscription required, see Audible.
0:31.9	co-dot UK for terms.
0:36.0	This episode of political currency is sponsored by the Financial Times.
0:40.0	It's a big year for politics.
0:41.0	We've just had the UK election and the US election is creeping up on us.
0:44.8	Yeah and I think what the key trends we're seeing in the lead up to these elections is the sheer amount of conflicting
0:49.9	information, I think you could say misinformation that you can find on social media.
0:54.3	But with so much information out there, how can you draw conclusions with conviction?
0:59.0	Well that's why it's so important to use reputable news sources and with the Times, you can form your own opinions based on unbiased and trusted reporting.
1:07.0	Their journalists tackle global issues with an impartial and rigorous mindset,
1:11.0	providing the facts and analysis you need to make up your own mind.
1:16.0	It was where I had my first job.
1:17.0	Well they've got even better since then, Ed.
	...

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