4.1 • 650 Ratings
🗓️ 6 March 2021
⏱️ 55 minutes
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0:00.0 | Welcome to This Is Money podcast. I'm Georgie Frost and alongside me and editor Simon Lambert. |
0:04.7 | Today is assistant editor Lee Boyce and special guest, Pensions and Investment Editor Tanya Jeffreys. |
0:10.3 | And coming up, the budget. What else? What was innate? What wasn't? The winners, the losers, the present and the future. |
0:16.9 | We pick out some of the headlines, including a huge victory for This Is Money on behalf of |
0:20.9 | hundreds of thousands of elderly women. Don't forget, you can stay up to date with all the latest |
0:24.4 | breaking money news, just go to this ismoney.com.ukh, or download the app. But after much, |
0:30.2 | speculation, the Chancellor Rishi Sunak delivered his crucial speech outlining the state of the |
0:34.8 | economy and his plans for taxation and spending as |
0:38.0 | Britain recovers from the coronavirus pandemic. Now some things we knew before, grants for businesses, |
0:43.5 | a new mortgage guarantee scheme, some we pretty much knew extension to furlough and a stamp duty |
0:48.6 | holiday plus more help for the self-employed and, well, plenty that we didn't know. Simon |
0:53.6 | Lee and Tanya, your immediate, |
0:56.4 | holistic assessment of the budget and then we'll pick out some of the key measures. Simon, |
1:01.0 | I'll come to you first. I think it was a it was an okay budget. I don't really know what we |
1:07.6 | could we could expect in the sense of a good or a bad budget. |
1:12.9 | As widely predicted, Rishi didn't go all guns blazing with tax rises to start trying |
1:19.7 | to balance the books, the almost impossible task of balancing books that he faces. |
1:25.0 | And we'll go on to the debt and the deficit and the servicing |
1:28.3 | of such borrowing in a bit. There was the suggestion that there's some stealth taxes in there. |
1:35.3 | I mean, he was pretty upfront about it in all honesty. The freezing of the tax thresholds, |
1:41.3 | the personal allowance, corporation taxes going up, which is pretty low in this country |
1:45.5 | anyway, and it won't be that high compared to many other countries. It will be a lot higher |
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