4.4 • 785 Ratings
🗓️ 29 September 2022
⏱️ 41 minutes
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0:00.0 | This episode is sponsored by Can Accord Genuity Wealth Management, experienced wealth planners and |
0:05.7 | investment managers who offer unwavering support in challenging times. Visit can-dowealth.com for more |
0:12.0 | information. Hello and welcome to the edition podcast, where each week we look at three pieces from the magazine with the writers behind them. |
0:27.9 | I'm Laura Prendergars, the Spectator's executive editor. |
0:31.0 | And I'm William Moore, the Spectator's Features Editor. |
0:34.0 | On this episode, we talk about the fallout from last week's so-called fiscal event, |
0:38.5 | the future of Sinn Féin in Northern Ireland, and the case against red kites. First up, |
0:44.7 | for her cover piece in the magazine, Kate Andrews looks at what could generously be described |
0:49.3 | as a tough week for Trussonomics, and she joins us now alongside Robert Colville, director for the think tank, |
0:55.7 | the Centre for Policy Studies. Kate, the cover image of the spectator this week shows Liz Truss |
1:02.0 | and Quasi Quatang nonchalantly sharing a drink while utter chaos ensues around them. I think we all |
1:09.9 | expected the fiscal event to ruffle some feathers, |
1:13.3 | but have you been surprised by the sheer extent of the fallout from Friday's announcements? |
1:19.5 | It's surprised everybody. I mean, it was remarkable what was announced. This was not a fiscal |
1:25.3 | statement. This was not even a mini budget. This was a |
1:27.7 | mega budget. And we did get indication it was going to be a lot larger when the Treasury published |
1:33.0 | the UK growth plan with this lovely design around it, definitely implying we were going to get |
1:37.9 | a lot more than originally thought. But what's interesting is that, well, you would expect |
1:42.3 | journalists, economists, commentators, |
1:46.1 | regular people, traders, the city to be very alarmed by what they're seeing with the markets in freefall. |
1:53.9 | I think the government is surprised too. |
1:56.2 | I mean, notably calm. |
... |
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