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Giles Coren Has No Idea

Now Tax The Coffee Shops!

Giles Coren Has No Idea

The Times

News & Politics, Unknown, News

4.31.1K Ratings

🗓️ 28 November 2025

⏱️ 28 minutes

🧾️ Download transcript

Summary


Giles and Esther have delayed the recording of the podcast so they can respond to Rachel Reeves much anticipated budget. Turns out they didn’t need to as the whole thing was leaked! With the mansion tax potentially looming large should people consider devaluing their houses? If so, how might one go about doing that…? And if the Chancellor is taxing milk shakes and lattes Giles thinks she should go a step further.

Is fame bad for your health? With some experience of the matter both Esther and Giles think so. But wonder if there is an element of chicken and egg about fame – does it attract a more fragile sort, or does it cause the fragility?

Finally, the case of Nigel Farage and the accusations of schoolboy racism. 


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Transcript

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0:00.0

Happy budget day.

0:01.9

It's the day we've all been waiting for.

0:04.3

It's a word for us, isn't it?

0:05.3

Because we normally record at 10.

0:06.5

We always record on a Wednesday when something happens on a Wednesday that we know is coming, which is usually the budget. Yeah. We go, ah, screw it. And we sort of say, well, hello, listeners. This is the day when the budget will happen later. But we'll talk about other stuff. We don't know what was in it because it hasn't happened yet.

0:20.4

And we think that's quite a relief because then listeners are...

0:24.0

Spared our fiscal analysis. Yes. But last week we thought, or just during the course of the week, I thought this is ridiculous. Let's see if it's all right with Neil, the producer, if we can maybe record after the budget. So we decided... Well, this is the most famous budget in the world, isn't it? This is the most overhyped, completely bonkers, U-turn-tastic, kite-flying, mad, lunatic rollercoaster, Frankenstein's monster of a budget. You've got to say pitch-rolling. Pitch-rolling, Frankenstein's monster of a budget. And we just thought we've got to wait until the budgets happen so that we know what the

0:56.2

world looks like.

0:57.1

And then they fucked us by just leaking it.

0:59.4

Yeah.

0:59.9

And here you go.

1:00.9

We could have done our bloody podcast earlier.

1:07.5

So the poor woman, Rachel Reeves.

1:09.4

The what?

1:10.5

The poor woman. Well, you don't like Rachel Reeves? I do not like Rachel Reeves, no. But I felt sorry for her because she had to stand up in front of the house. She's a volunteer. In what sense? She volunteered for this job. She doesn't have to do it. No, Keir said, I want you to be my chance from the exchequer. And she went out of my way. I'm a woman. No, she had to stand up with the whole thing leaked in advance. The whole of the Treasury, including Rachel Reeves, has been leaking parts of this budget for the last three months. So it was already quite embarrassing. Then she had to stand up with her authority completely undermined. Nothing. No rabbits to put out of the hat. No, because also, also the deputy speaker of the house, that nice lady who I was very impressed while, although I don't watch Parliament debates very often. But she, even before, even the leaking of the budget by the OBR, which has got nothing to do with Rachel Reeves, by the way, notwithstanding. She gave, she gave Rachel Reeves, and the whole of the table party a massive ticking off for how much leaking that they'd done from all of this to, I mean, the Financial Times is Rachel Roos is like a pet newspaper. She just, like, was good mates with the editor or something. And she's just been sort of dripping these, this kind of details to this newspaper. And the deputy speaker said, you're not supposed to do that. You're supposed to deliver news to Parliament first. And it's I felt a bit like she had to stand up and do the whole thing having been given a bollocking. Like when we have to do this podcast, if you give me a bo bollicking if we've had a big row and you've told me what a terrible bastard i am and then we go rolling yeah it happens quite a lot and i just felt sorry for her because why you didn't like her mostly because of what because she's thick and indestructible and she doesn't listen to anyone and she keeps on and on and on on about how everyone who criticizes her is a misogynist

2:51.9

and people mansplained to her and i just that this kind of behavior makes me i think it's so

2:58.8

incredibly disrespectful to women in positions of power or women who do big jobs who do not turn

3:06.8

around every time someone disagrees with them and says,

3:10.5

you're mansplaining to me, you just hate women.

3:13.0

I think it's unbelievably childish and amateurish and disrespectful.

3:17.8

I mean, you know, David, I mean, look, David Lammy is not the sharpest tool in the box,

3:23.8

but he doesn't, when he is criticized, he doesn't stand up and say, yeah, yeah, David Lammie is not the sharpest tool in the box, but he doesn't, when he

...

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