Tearing up the Conservatives’ fiscal orthodoxy
Political Fix
Financial Times
4.2 • 1.2K Ratings
🗓️ 11 September 2021
⏱️ 36 minutes
🧾️ Download transcript
Summary
This week we analyse prime minister Boris Johnson’s game on social care reform, what the plan involves and whether the Conservative party and its voters will swallow tax rises. Political editor George Parker and economics editor Chris Giles dissect the details.
Plus we look at how the UK government hopes to try to avoid another coronavirus lockdown this winter through vaccine passports and booster jabs.
With cases already running high, are hospitals about to be overwhelmed? Health editor Sarah Neville and science reporter Oliver Barnes will discuss.
Audio source: Institute for Government
Produced by Howie Shannon. The sound engineers were Breen Turner and Sean McGarrity.
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Transcript
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| 0:00.0 | Boris Johnson tore up conservative fiscal orthodoxy this week when he announced a whopping |
| 0:06.6 | tax rise to fix the UK's quick social care system after the pandemic. |
| 0:11.1 | They're having spent £407 billion or more to support lives and livelihoods throughout |
| 0:17.8 | the pandemic. |
| 0:18.8 | From furlough to vaccines, it would be wrong for me to say that we can pay for this recovery |
| 0:24.5 | without taking the difficult but responsible decisions about how we finance it. |
| 0:32.2 | Welcome to Payne's Politics, your essential insider guide to what's happening in British |
| 0:36.6 | politics from the Financial Times, with me Sebastian Payne. |
| 0:41.1 | This week we'll be analysing the Prime Minister's gamble on social care reform, what the |
| 0:45.9 | plan involves and whether the Conservative Party and its voters will swallow such big tax |
| 0:51.0 | rises. |
| 0:52.0 | Our political editor George Parker and economics editor Chris Chalves would dissect the |
| 0:56.2 | details. |
| 0:58.7 | And later, we'll be looking at how the government hopes to try and avoid another coronavirus |
| 1:03.0 | lockdown this winter through vaccine passports and booster jams, but with cases already running |
| 1:08.2 | high, our hospitals going to be overwhelmed. |
| 1:11.5 | Health editors Sarah Neville and science reporter Oliver Barnes will discuss. |
| 1:15.9 | With plans to dive into, let's get into the main topic of the week. |
| 1:26.9 | Outside Downing Street, on the morning after he was reelected Prime Minister, boys Johnson |
| 1:31.9 | pledged to solve the UK's creaking social care system once and for all. |
| 1:36.6 | He claimed to have an oven ready plan to happen sure the old and vulnerable would not |
| 1:40.7 | be left having to sell off all their worldly goods in order to pay for their care. |
... |
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