“The Department of No”: Inside the Number Ten-Treasury rivalry

Inside Briefing with the Institute for Government

Institute for Government

News, Politics, Government

4.6 • 252 Ratings

🗓️ 20 February 2020

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week on the podcast that ventures into the engine room of government, the Treasury vs Number Ten. War without end or grudging partnership of equals? Special guest TIM PITT was a SPAD at the Cabinet Office and senior Treasury advisor. As the Javid fallout settles, Tim tells us where the power really lies. Plus the Bank of England’s Chief Economist ANDY HALDANE on why our economy needs new metrics of success. And this year’s COP26 conference: Why remedying climate change is the ultimate 4-dimensional chess challenge for government. Will fixing the summit’s wobbles win Britain its first global leadership moment? And how to ace a job interview with Liz Truss. “Net Zero by 2050 is an easy commitment to make. The politicians making it are highly unlikely to be around by then. The challenge is to do those things now that will make net zero achievable then.” – Tim Pitt Hosted by Bronwen Maddox with Emma Norris, Gemma Tetlow and Gavin Freeguard. Audio production by Alex Rees. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Hello and welcome to Inside Briefing, the podcast from the Institute for Government.
0:14.2	I'm Bronwyn Maddox.
0:15.9	We're a week on from the reshuffle, three weeks to go to the budget.
0:19.5	After the surprise exit of Sajid Javid as Chancellor, the sudden promotion of his successor, Rishi
0:24.7	Sunak, the focus has been on what the reshuffle tells us about the power of number 10.
0:30.3	What does it mean for the Treasury? Is its power cut back? Is that a good thing?
0:35.3	What will this mean for government policy, what it really wants to do?
0:38.3	We discuss what really matters in the relationship between number 10 and the Treasury,
0:41.8	all the groundwork ahead of the budget, and those famous fiscal rules on public spending.
0:46.1	What's going to happen to those?
0:47.5	And in November, the world's eyes were turned to Glasgow as the UK hosts the Climate Change Summit, COP26.
0:53.0	We talk about what Boris Johnson needs to do to
0:55.3	preside over a successful summit and whether the omens are good. And as well, can the government
1:00.0	really deliver big improvements in the country's infrastructure? We talk to Andy Holden, chief
1:05.0	economist at the Bank of England and chair of the government's Industrial Strategy Council.
1:09.6	He spoke at the Institute for
1:10.8	Government earlier this week and afterwards he talked to Kath Haddon about what leveling up
1:15.1	the country really means and why economists still matter. We've got a great panel to give
1:19.9	us the full inside briefing this week. Emma Norris, our director of research, is leading a new
1:24.0	project looking at what a government plan to reach net zero carbon emissions
1:27.9	is going to have to look like. Emma, hi. Hi. Re-suffles always a frenetic week in government,
1:33.2	also at the IFG, where we look at what it means. The Chancellor aside, what else stood out for you?
	...

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