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Politics Weekly UK

The Spring Budget: more cuts to come? – Politics Weekly UK

Politics Weekly UK

The Guardian

News, Politics

4.01.4K Ratings

🗓️ 6 March 2024

⏱️ 35 minutes

🧾️ Download transcript

Summary

The Guardian’s John Harris is joined by the former Conservative chief secretary to the Treasury David Gauke and the economist and Labour candidate Miatta Fahnbulleh to go through today’s budget announcements. Help support our independent journalism at theguardian.com/politicspod

Transcript

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0:00.0

This is the Guardian. Jeremy Hunt's budget didn't offer anything we hadn't read all week.

0:16.0

It is to unleash people power that we today put this country back on the path to lower taxes.

0:24.0

Kirstala, predictably enough, thought the Chancellor's speech amounted to the government's epitaph.

0:29.0

There we have it, the last desperate act of a party that has failed.

0:34.0

Meanwhile, away from all the Westminster Theatre, we're still faced with the prospect of

0:38.0

deep spending cuts after the election and the sense that no one has a plan.

0:42.0

I'm John Harris and you're listening to politics. and the sense that no one has a plan.

0:43.0

I'm John Harris and you're listening to politics with the UK for the go.

0:47.0

Joining me today, I'm meata Farm Buller, the Labour candidate for Peckham and former head of the New Economics Foundation and David Gork, the former Conservative

0:55.1

Cabinet Minister who held various ministerial roles in the Treasury between 2010 and 2017.

1:00.9

Hello to you both.

1:01.9

Hello? Hello. Hi. Hi right let's talk before we get into the sort of

1:06.8

of meat of the budget into a very remarkable or notable aspect of what's happened

1:11.6

over the last couple of days a A lot of what we heard today

1:14.0

was released beforehand, simply put. Now I'm old enough to remember 1947, ha ha,

1:19.8

when the famous Hugh Dalton, the Labour Chancellor at the time, resigned for telling a

1:24.8

lobby correspondent some of what was in the budget, there was nothing we heard today

1:28.6

that we hadn't heard already. Why do you think that was? What lies behind that, David, do you think? was what lies behind that David do you think?

1:33.4

Yeah it's a good question because even in my time in the Treasury

1:38.1

which wasn't that long ago when it came to sort of tax announcements, you know, that was forbidden.

1:43.8

There was quite a lot of pre-briefing on spending measures, but tax announcements, not so much.

1:49.3

And indeed, even forecasts for the state of the public finances.

...

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