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Planet Normal

The Big Budget Breakdown

Planet Normal

Louisa Wells

News, News Commentary, Current Affairs, Telegraph, Society & Culture, Planet Normal, News And Current Affairs

4.72.9K Ratings

🗓️ 27 October 2021

⏱️ 53 minutes

🧾️ Download transcript

Summary

It’s Budget week, which means big announcements, big spending and big celebrations for Allison, who arrives for our recording with a big surprise for Liam: she’s only gone and won an award.

Our co-pilot may have a trophy, but she’s got more than a few questions for our resident economist, co-pilot Halligan who is on hand to explain why he thinks Chancellor Rishi Sunak might have earned himself the nickname ’Risky Rishi’  after delivering his third Budget. But do the sums really add up?

Also joining our co-pilots is Telegraph columnist Ben Wright, who tells Planet Normal why he felt as if he were watching a Labour chancellor instead of a Conservative one.

And did we mention Allison won an award?


Allison will be replying to comments beneath this article on Thursday 28th of October 11am-12pm: https://www.telegraph.co.uk/business/2021/10/27/planet-normal-big-budget-breakdown/ |

Read more from Allison: https://www.telegraph.co.uk/authors/allison-pearson/ |

Read more from Liam: https://www.telegraph.co.uk/authors/liam-halligan/ |

Read more from Ben: https://www.telegraph.co.uk/authors/ben-wright/ | 

Listen to Chopper's Politics: https://www.playpodca.st/chopper |

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Email: planetnormal@telegraph.co.uk |

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Transcript

Click on a timestamp to play from that location

0:00.0

Five.

0:03.0

The Tories have really painted Labour until corner, aren't they?

0:06.0

I mean, sort of, you know, calling for more money for Jörbils.

0:10.0

I mean, what, you know, what have they got left?

0:13.0

But sort of the longer it went on, the longer I was sort of waiting for a conservative chance

0:18.0

let us stand up.

0:20.0

For all his intelligence, his judgement may have let him down,

0:24.0

because he's taking a very big bet on growth.

0:28.0

And if that growth doesn't work out, he could come on stuck.

0:32.0

How many town leads have we got for planet normal?

0:35.0

Two million. That's two followed by six zeroes.

0:39.0

Hey!

0:41.0

What?

0:45.0

We have the dog.

0:48.0

Welcome to Planet Normal, the Telegraph podcast hosted by Alison Pearson.

0:52.0

Hello.

0:53.0

And me, Liam Halligan.

0:55.0

Well, Rishi Sunak's delivered his third budget, and he's looking beyond Covid and seeing an economy for a new age of optimism.

1:03.0

But will the Chancellor's shiny new growth assumptions, his slick PR operation and his boyish grin be enough?

1:10.0

For beyond the Whitehall echo chamber, where economic modelling is a dark political art,

1:16.0

rather than any kind of science, in the real world, the UK economy seems to be stalling.

1:22.0

But despite that, Rishi's relying on the economy growing by a very hefty 6.5% this year,

...

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