meta_pixel
Tapesearch Logo
Log in
The New Statesman | UK politics and culture

Sunak, Truss and Starmer’s visions for the economy

The New Statesman | UK politics and culture

The New Statesman

News & Politics, Society & Culture, News, Politics

4.41.4K Ratings

🗓️ 1 August 2022

⏱️ 26 minutes

🧾️ Download transcript

Summary


With the Conservative leadership hopefuls offering competing promises of tax cuts, the New Statesman podcast looks at whether either has anything to say about Britain’s cost-of-living crisis.


Anoosh Chakelian is joined by Rachel Wearmouth, deputy political editor, and Emma Haslett from the New Statesman’s business desk to pick through the promises, and ask whether Rishi Sunak’s campaign is looking more and more desperate.


Then in You Ask Us, a listener asks if the shadow chancellor Rachel Reeves’s stance against nationalising utilities could put Labour’s plans for net-zero greenhouse gas emissions at risk.


If you have a question for You Ask Us, email [email protected]



Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hi, I'm Anouche, I'm Rachel, and I'm Emma.

0:06.6

And on today's episode of the New Statesman podcast, we discuss the economy and how it

0:11.4

comes into the Tory leadership race, and you ask us, is Labour's plan to ditch nationalising

0:16.4

utilities a threat to the net zero agenda?

0:27.0

So last time we spoke about the Tory leadership election, it was with Andrew Mahar, a couple

0:31.5

of episodes ago, and he was saying that each candidate represents a very different vision

0:35.4

for the future of the economy.

0:37.9

But now it looks like Rishi Suneak is scrabbling to change that he is trying to burnish his tax

0:43.3

cutting credentials, saying he'd cut the AT on energy bills, that's something he actually

0:47.0

refused to do as Chancellor.

0:48.4

And his latest announcement that we've just been reading about this morning is to stick

0:51.9

to cutting income tax by 1% from 2024, which he'd already pledged to do as Chancellor.

0:57.6

But then go further by cutting it by a 3P more.

1:00.6

So this is basically from 20P to 16P by the end of the next parliament, which could be

1:05.2

as early as 2028 or as late as 2030.

1:08.0

So we don't really know quite what the timeline is.

1:10.6

But the politics are quite telling, aren't they, Rachel?

1:12.4

The postal votes are going out to our members today, I think.

1:15.0

So he's running out of time if he wants to try and steal a march on trust.

1:18.4

Yeah, I think that's, I think that's right enough.

1:20.6

It feels like every time Suneak comes out and says, Rishi Suneak comes out and says,

1:26.0

here's another tax cut.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The New Statesman, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The New Statesman and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.