Summer EMQs: Was Austerity a Mistake?
Political Currency
Persephonica
4.1 • 1.5K Ratings
🗓️ 19 August 2024
⏱️ 38 minutes
🧾️ Download transcript
Summary
Should Labour have defended themselves better against the Tory claim that they’d caused the 2010 UK financial position? Ed Balls and George Osborne go head-to-head on who was to blame, and whether austerity was the answer in this special fiscal policy-themed edition of EMQs.
It’s not all debate though - Ed and George explain the concept of ‘running out of money’, and how much of a previous government’s economic policy is required to make its way into a new term.
Please keep sending us your questions to questions@politicalcurrency.co.uk
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Producer: Rosie Stopher
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Transcript
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| 0:00.0 | BP is working to bring more lower carbon energy to the UK, like developing offshore wind, |
| 0:06.1 | and we're keeping oil and gas flowing from the North Sea. It's and not all. That's how BP is backing Britain. Well today we're mostly in oil and gas. |
| 0:16.0 | We increased the proportion of our global annual investment that went into our lower carbon and other transition businesses from around 3% in 2019 to around 23% in |
| 0:26.0 | 2023. |
| 0:28.0 | B.com slash and not all. This episode is brought to you by G.S.K. |
| 0:35.0 | We're lucky to live in a time when many of us can access medicine when we become ill, |
| 0:38.5 | but even better than recovering from being unwell is not getting ill in the first place. |
| 0:43.2 | Yes, G.S.K believes that prevention is the best medicine and that's why they've built one of the |
| 0:48.2 | broadest vaccine portfolios in the world. |
| 0:50.6 | G.S.K. say that prevention to them means pioneering new medicines to reduce HIV transmission |
| 0:56.2 | or stopping chronic conditions from progressing to more serious complications. |
| 1:00.4 | That's because preventing disease is the best possible outcome for all of us and that's why G.S.K. |
| 1:05.8 | Unites science, technology and talent to get ahead of disease together. |
| 1:09.6 | Visit gsk.com to learn more. |
| 1:12.1 | The Chancellor of the Exchequer. |
| 1:14.3 | Getting a lesson from the Shadow Chancellor how to balance the books is like getting a |
| 1:18.1 | lesson from Dracula and how to look after a blood bank. |
| 1:20.4 | It's all. As steady as she goes budget. |
| 1:25.0 | What kind of ship does he think he's on the titanic? |
| 1:28.0 | They're married Celeste. |
| 1:30.0 | Welcome to EMQs from political currency. |
| 1:32.0 | With Ed balls and George Osby. |
... |
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