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Inside Briefing with the Institute for Government

Ready for Rishi?

Inside Briefing with the Institute for Government

Institute for Government

News, Politics, Government

4.6252 Ratings

🗓️ 28 October 2022

⏱️ 44 minutes

🧾️ Download transcript

Summary

Another podcast, another prime minister. Liz Truss is out after just 50 days in No.10. Rishi Sunak is in, with the former Chancellor avoiding a showdown with Conservative party membership after both Boris Johnson and Penny Mordaunt dropped out of the race. So what next for the UK’s 57th PM? The IfG podcast team, with guest Emilio Casalicchio of Politico, analyse Sunak’s first days in the job – and weigh up the tricky challenges coming down the track. Restoring the economy to rude health, or at least getting it out of intensive care, is top of Sunak’s in-tray. But where can he find the spending cuts needed to balance the books? A new IfG paper warns that a re-run of austerity will be more difficult – and damaging – than the 2010 era. The pod team crunch the numbers. Presented by Gemma Tetlow with Tom Pope and Cath Haddon. Produced by Candice McKenzie Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Hello and welcome to Inside Briefing, the podcast from the Institute for Government.

0:14.4

I'm Gemmetech, the IFG's chief economist and this week's podcast presenter.

0:19.4

Another week, another podcast, another prime minister.

0:23.1

After Boris Johnson dropped out on Sunday and Penny Morden followed suit on Monday,

0:27.3

Rishi Sinnak was duly elected as leader of the Conservative Party,

0:30.7

becoming this country's 57th Prime Minister.

0:33.6

He's the youngest PM in over 200 years,

0:36.2

the first British Asian and Hindu to hold the office,

0:39.3

and is also almost definitely the richest Prime Minister this country has ever had.

0:43.3

So now what?

0:45.3

Sunak has vowed to fix the mistakes made by Liz Truss, whose own premiership lasted for a record-breakingly short 50 days.

0:52.3

He's promised to govern with integrity, professionalism and

0:55.1

accountability at every level, and he says he will get the UK's troubled economy back into

0:59.4

route health, or at least just out of intensive care. To discuss the challenges that await

1:04.3

the latest document of number 10 and his first steps as Prime Minister, I'm joined by two

1:08.7

IFG colleagues whose professionalism and integrity can

1:11.6

never be questioned. That's senior fellow Kath Haddon and Deputy Chief Economist Tom Pope. Hi,

1:16.3

both.

1:17.3

Hi Gemma. Hello, Gemma. And I'm delighted to be joined by friend of the IFG show,

1:21.2

Emilio Casilicchio, International Trade and Politics Correspondent to Politico, and one of the

1:26.1

authors of the absolutely essential

1:27.5

morning playbook email. Hi, Amelia. Hi, thank you. Thanks very much. How has writing that memo

...

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