Spring Statement Special
Planet Normal
Louisa Wells
4.7 • 2.9K Ratings
🗓️ 24 March 2022
⏱️ 42 minutes
🧾️ Download transcript
Summary
It's a fiscal feast on this week's voyage, with a special episode all about the Chancellor's Spring Statement. And boarding the rocket of right thinking to give his expert take is Telegraph columnist Ben Wright.
So, as inflation hits a 30-year high and families face skyrocketing energy bills, did Rishi Sunak's 'mini-budget' deliver on easing the cost of living crisis? It's a resounding no from our co-pilots.
Resident economic expert Liam declares the Chancellor's statement 'politically tone-deaf.' He's concerned Rishi Sunak is playing political games rather than providing support for the most vulnerable.
And the reception isn't much warmer from Ben, who warns the Chancellor's announcement will end up pleasing nobody. He thinks the Labour opposition summed up the Spring Statement perfectly when they shouted: 'Is that it?!'
Also on the capsule of common sense this week, we mark two years since the UK went into lockdown with an extra special email.
Read more from Liam: https://www.telegraph.co.uk/authors/liam-halligan/ |
Read more from Ben: https://www.telegraph.co.uk/authors/b/ba-be/ben-wright/ |
Ben Wright: 'Is that really it, Chancellor?': https://www.telegraph.co.uk/business/2022/03/23/rishi-sunak-has-able-pay-paul-first-robbing-peter/ |
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Transcript
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| 0:00.0 | The Telegraph. |
| 0:10.8 | Hey, it's Adam Grant from Worklife, a podcast from TED. |
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| 0:44.5 | Learn more at freshworks.com. |
| 0:50.5 | The Telegraph Podcasts. |
| 1:04.9 | There's an extent to which this budget is politically toned deaf. |
| 1:08.6 | The Chancellor is playing lots of political games here. |
| 1:14.0 | I thought the measures were in total a bit meh, really. |
| 1:16.0 | It's that a technical term, business columnist? |
| 1:17.5 | Yeah, meer. |
| 1:24.5 | I think there were genuine cuts, but there was quite a lot of robbing Peter to pay Paul and smoke and mirrors. |
| 1:27.2 | It just felt a bit to me like the fiscal equivalent of your dad turning down the thermostat |
| 1:32.1 | and telling you to wear an extra jumper. |
| 1:33.5 | Put a hat on. Put a hat on, Ben Wright. |
| 1:35.6 | Yes, exactly. |
... |
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