Labour’s big budget
Planet Normal
Theodora Louloudis
4.7 • 2.7K Ratings
🗓️ 31 October 2024
⏱️ 63 minutes
🧾️ Download transcript
Summary
As Labour unveils their first budget in 14 years, the rocket beams in for a bumper Budget special with not one but two stowaways! But what do the rocket’s incumbents make of Chancellor Rachel Reeves’s first big fiscal challenge.
Former Prime Minister Liz Truss explains why she thinks Chancellor Rachel Reeves might have ‘turbo charged taxes’ and could be about to ‘crash the car into the wall’.
Chief Economist at Net Wealth and former Chief Economic Advisor to Boris Johnson Dr Gerard Lyons, outlines the good, the bad and the uglier sides of the Budget.
Elsewhere on the podcast Allison explains why she has declared her allegiance to one particular candidate in the nearly finalised Tory leadership contest….
Read more from Liam: https://www.telegraph.co.uk/authors/liam-halligan/ |
Read more from Allison: https://www.telegraph.co.uk/authors/a/ak-ao/allison-pearson/
Need help subscribing or reviewing? Learn more about podcasts here: https://www.telegraph.co.uk/radio/podcasts/podcast-can-find-best-ones-listen/ |
Email: [email protected] |
For 30 days’ free access to The Telegraph: https://www.telegraph.co.uk/normal |
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Yes, I invest. I've got zero time to be an expert, but I like knowing I'm doing something with my money. |
| 0:06.0 | Yes, I invest. I felt like I was missing out. Like Invest a FOMO. I just wanted to be like, yeah, I do that. |
| 0:12.0 | Is now your time to start investing? |
| 0:14.4 | We've got you. With Lloyds Bank ready-made investments choose from three |
| 0:18.2 | investment options and our experts take care of the rest. Apply in minutes |
| 0:22.2 | and see it all in our app. |
| 0:23.7 | Search Lloyds Bank, ready-made investments. |
| 0:26.2 | Capital at risk, internet banking customers only account fees and charges apply. 5. I thought it was unbelievably divisive budget, class war budget. |
| 0:41.0 | If growth then starts to disappoint or indeed if inflation proves stubborn |
| 0:46.2 | then interest rates don't fall that much or not as much as the markets expect then |
| 0:50.4 | this debt problem is going to come back more to the fore. |
| 0:54.0 | There is no one around Rachel Reeves who really gets in their fingers and thumbs and bones |
| 0:59.5 | financial markets. |
| 1:01.5 | The basic issue is we have an economic establishment in this country that believes in |
| 1:08.0 | Keynesianism, it believes in more spending. One. |
| 1:15.0 | We have left off. |
| 1:17.0 | Welcome once again to Planet Normal, the Telegraph Podcast with Allison Pearson. |
| 1:21.0 | Hello? |
| 1:22.0 | And me, Liam Halligan. |
| 1:23.0 | Well, here we are co-pilot, a Planet Normal Budget Special. |
| 1:27.0 | Chancellor Rachel Reeves was up on her feet in the House of Commons on Wednesday afternoon, |
| 1:31.0 | delivering a budget statement that took one hour and |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Theodora Louloudis, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Theodora Louloudis and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.