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The Bunker – News without the nonsense

The Budget that wasn’t – Hunt’s plans explained

The Bunker – News without the nonsense

Podmasters

News, Society & Culture, Politics, Government

4.61K Ratings

🗓️ 17 March 2023

⏱️ 28 minutes

🧾️ Download transcript

Summary

Tax breaks for the 1%, business giveaways that won’t make a difference, free child care that turns out to be a fraction of what’s needed, and nothing for public services. Does Jeremy Hunt’s Budget make sense? Is he loading the pain onto the next government because he knows it won’t be Conservative one? And can he put the post-Truss tax-cutting headbangers back in their box? New Economics Foundation chief exec and Bunker regular Miatta Fahnbulleh takes the Budget apart for Andrew Harrison.  Support us on Patreon: www.patreon.com/bunkercast  Written and presented by Andrew Harrison. Audio production by Jade Bailey. Assistant producer: Kasia Tomasiewicz. Lead Producer: Jacob Jarvis. Music: Kenny Dickinson. Group editor: Andrew Harrison. THE BUNKER is a Podmasters Production Instagram | Twitter Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

My name is Stan. I'm at. Nice to meet you. So you took up photography where? I've always loved

0:05.5

photography but I turn it into earning a living at 60. I enrolled on a day course.

0:11.8

Well college. I loved going to college. It's good you can retry. I'm enrolled on the day course. But college?

0:13.0

I loved going to college.

0:14.0

It's good you can retrain and do something.

0:16.0

Yeah, yeah.

0:17.0

Let's talk about working, learning, saving and making the most of living longer.

0:22.0

Phoenix Group is the UK's largest long-term savings and retirement business.

0:28.0

Search Phoenix Group living longer.

0:30.0

Pets brings so much joy.

0:32.0

From those happy greetings at the door to the warm cuddles on the sofa

0:36.7

so give a little love back with dental life from Purina a range of delicious chues made for dogs and tasty snacks for cats that help clean and support your pets, teeth and gums, essential for their overall well-being and a happy, healthy life. They give you plenty of smiles so

0:55.3

look after theirs with dental life. Pick up dental life in the pet food aisle. Hello, welcome to the bunker I'm Andrew Harrison. It's the day after Jeremy Hunt's budget, by many accounts the most

1:14.1

dense and perplexing budget of recent years. The measures are complex and they're hard to get a

1:18.6

handle on. Some 9 billion pounds of tax breaks for businesses, the controversial scrapping of the lifetime pension

1:25.3

cap for the well-off, five billion pounds on 30 hours a week of free child care for children

1:29.8

between nine months and three years old, a Brexit pubs guarantee, meaning that

1:34.4

Bea's duty and pubs will be 11% lower than elsewhere, and a dozen new

1:38.6

investment zones that could become 12 potential Canary Wharfs.

1:42.1

Just don't let him Google what happened to

1:43.7

Olympia and York in 1992. It usually takes a day or two for the dust to settle and

1:48.1

the real consequences of a budget to emerge. So now we're joined by

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