The Gamble on Growth

Podlitical

BBC

Government, News

4.6 • 157 Ratings

🗓️ 22 September 2022

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

The economic chips are down, and Prime Minister Truss looks set to bet on lowering tax. The Prime Minister and her Chancellor Kwasi Kwarteng will lay out their plans this week in a "mini-budget", with a focus on tax cuts, but critics say it isn't enough. As the Bank of England puts up interest rates, a potential recession looms (or may have already arrived), and living standards are dropping at the fastest rate in decades, the team discuss the new Prime Minister's massive to-do list, the opposition reaction, and the start of Conference season.

Transcript

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0:00.0	BBC Sounds
0:02.4	You're listening to BBC Scotland
0:09.5	Hi, you're listening to Podlitical, BBC Scotland's podcast that brings you an inside look at the big stories coming out of Hollywood and Westminster.
0:19.9	It is quarter past two on
0:21.5	Thursday the 22nd of September. I'm Phil Sim, a journalist based at the Scottish Parliament,
0:26.5	and today I'm joined by... I'm Lindsay Bues, a journalist also based at the Scottish Parliament.
0:32.5	I'm Rocheepsandthew, a journalist based in Westminster. I'm David Wallace Locker, a journalist also based at the Scottish Parliament.
0:39.3	You've got big Scottish Parliament vibes today.
0:42.2	I'm feeling a bit lonely and outnumbered.
0:44.7	Our office at Huller was as busy today as I think it's been since the pandemic.
0:49.0	It's been bouncing.
0:50.3	It's because...
0:51.2	Fighting for seats.
0:52.4	Politics is back again.
0:55.5	We were back and then we had to go off for a bit.
0:58.2	We had an enforced break.
0:59.9	But we are now, I think we're back and, you know,
1:03.3	Raddy may feel lonely down there,
1:04.6	but I think it's all happening down there, isn't it?
1:06.0	Rajee, we're getting a proper introduction to the Liz Trust government now.
1:10.3	Yeah, no, it is all happening.
1:12.0	Sorry, I felt lonely in a political sense, not in a, not an wider office sense.
	...

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