4.4 • 1.4K Ratings
🗓️ 30 October 2018
⏱️ 39 minutes
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Philip Hammond heralded the beginning of the end of austerity, blowing a multi-billion pound windfall on tax cuts and extra spending. But what was hidden in the small print, does it make an election more likely, and who will actually have more money in their pocket?
Matt Chorley is joined by Anne Ashworth, The Times money and property editor, Oliver Wright, The Times policy editor, and Richard Fletcher, The Times business editor, to answer these questions, and others sent in by Red Box newsletter readers.
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| 0:00.0 | This is a passenger announcement. You can now book your train on Uber and get 10% back in credits to spend on Uber eats. |
| 0:11.0 | So you can order your own fries instead of eating everyone else's. |
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| 0:20.0 | Imagine sweeping through green fields, floating five feet above ground, sun on your face as you slide by, on track to your |
| 0:35.0 | there. |
| 0:40.0 | the care in the world as you simply lean back. |
| 0:37.0 | And before you know it, you're there. |
| 0:40.0 | This is how travels should feel, |
| 0:42.0 | and on our trains it does. |
| 0:45.0 | Avanti West Coast feel good travel. Hello and |
| 0:57.0 | welcome to the Red Box Politics Podcast in The Times, I'm Matt Chorley. |
| 1:01.0 | It's the morning after the Budget Night Before and Philip Hammond could be forgiven for getting a bit giddy at all the positive coverage for his policies rather than his jokes. He held at the beginning of the end of austerity blowing a multi-million pound windfall on tax cuts and |
| 1:14.6 | extra spending but what was hidden in the small print does it make an election |
| 1:18.7 | more likely and who will actually have more money in their pocket. |
| 1:23.2 | Joining me to answer those questions and others posed by Times Red Box readers are a stellar |
| 1:27.3 | panel of Times experts who almost look like they might have recovered from covering the |
| 1:31.5 | budget yesterday. |
| 1:33.2 | Ann Ashworth is the Times Money and Property Editor. |
| 1:35.8 | Oliver Wright is the Times Policy Editor, but we begin with the economics and this is the Times |
| 1:39.8 | Business Editor Richard Fletcher. The Office for Budget Responsibility handed Philip Hammond a lifeline by reducing its boring |
| 1:47.0 | forecasts over five years and marginally raising growth forecasts, |
| 1:51.0 | but amid all the euphoria, little attention was paid to the fact the UK economy |
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