Interview: Rachel Reeves talks to Nick about the Budget
Radical with Amol Rajan
BBC
4.5 • 919 Ratings
🗓️ 31 October 2024
⏱️ 17 minutes
🧾️ Download transcript
Summary
In this episode we bring you Nick’s full interview with the Chancellor after she delivered the first Labour Budget since 2010.
Later Nick will be joined by former BBC economics editor Stephanie Flanders and economist Tim Leunig to unpick what was in the Budget and what she said in the interview. That will be available on Thursday afternoon.
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The Today Podcast is hosted by Amol Rajan and Nick Robinson, both presenters of BBC Radio 4’s Today programme, the UK’s most influential radio news programme. Amol was the BBC’s media editor for six years and is the former editor of the Independent, he’s also the current presenter of University Challenge. Nick has presented the Today programme since 2015, he was the BBC’s political editor for ten years before that and also previously worked as ITV’s political editor.
The senior producer is Lewis Vickers and the producer is Nadia Gyane. The editor is Louisa Lewis. The executive producer is Owenna Griffiths.
Transcript
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| 0:17.5 | Listen to Newscast every day on BBC Sounds. |
| 0:24.8 | BBC Sounds, music radio podcasts. |
| 0:30.6 | Hello, welcome to the Today podcast. We're doing things slightly differently this week, because on the morning after the budget before, I've been speaking to the Chancellor, Rachel Reeves, about her |
| 0:37.0 | big announcements |
| 0:38.0 | and boy they were big |
| 0:40.2 | and I wanted you to have the chance to hear that in full |
| 0:43.7 | before we record our main episode analysing that first budget by a Labour government since 2010 |
| 0:51.7 | one of the few budgets delivered in my adult lifetime, which I think the historians |
| 0:57.3 | will still be studying for many years to come, to see if it does deliver the growth that she promised |
| 1:02.7 | or just ushered in another era of squeezed living standards and struggling public services. |
| 1:10.5 | That main episode will be published on Thursday afternoon, |
| 1:14.2 | but first, here is the Rachel Reeves interview. |
| 1:35.2 | Thank you. Good morning, Nick. This was in many ways the first |
| 1:40.7 | budget of a new era. You had some very, very big decisions to take. |
| 1:46.7 | So how disappointed were you when the official forecasters came to you and said, |
| 1:51.8 | your policies are not increasing the growth rate of Britain? They are net making no difference at all |
| 1:58.6 | over the next few years. A chance that doesn't decide the circumstances in which they give a budget, especially their |
| 2:05.8 | first budget, because it's the inheritance from the previous government. |
| 2:09.7 | But I had some important choices to make yesterday. |
... |
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