Rachel Reeves and the £22bn black hole
Today in Focus
The Guardian
4.6 • 5.9K Ratings
🗓️ 31 July 2024
⏱️ 29 minutes
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| 0:00.0 | This is the Guardian. |
| 0:02.0 | Today, Kearsharma's labour was supposed to be the party of builders. So why is his Chancellor starting with a demolition job? |
| 0:26.8 | Hello it's's Fern Cotton from a happy place here. That's the podcast where I talk to inspirational people about what happiness means to |
| 0:31.0 | them. The podcast is currently sponsored by British Airways |
| 0:35.1 | holidays who want you to take your holidays more seriously. But it's not just on the |
| 0:40.4 | Happy Place Podcast where British Airways holidays are collaborating with us. |
| 0:44.4 | They'll also be joining us this summer for our Happy Place festivals. |
| 0:48.5 | They'll be bringing audiences live recordings of the podcast and some special surprises too. |
| 0:54.8 | So whether it's your Happy Place Festival experience |
| 0:57.8 | or your next trip away that you want to take more seriously, |
| 1:01.2 | British Airways holidays have you covered. |
| 1:04.2 | To book your next adventure just head to B.A.com forward slash holidays at all protected. Larry Elliot has been the Guardian's economics editor for 30 years and when he was watching |
| 1:21.2 | Rachel Reeves give her first major parliamentary speech as Chancellor this week, |
| 1:25.0 | he got a distinct sense of deja vu. |
| 1:28.0 | All incoming governments try and take tough decisions early on in a parliament because that gets them out of the way quickly and they hope that voters will have forgotten by the time the next election rolls around. |
| 1:40.0 | So each government comes in and blames the other lot for the tough decisions that they've got to take. |
| 1:46.0 | Margaret Thatcher did it after she was elected in 1979. |
| 1:50.0 | The charge that we have been responsible for all are even most of the price increases since the election is thus blatantly false. |
| 2:00.0 | Gordon Brown did in 1997 when he was Chancellor. |
| 2:05.0 | We need to put the public finances, the people's money, in better order. |
| 2:09.3 | That's why today I took tough action, action that should have been taken earlier. |
| 2:13.6 | George Osbourne was arguably the master of the blame game. |
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