The Tories’ back-handed budgeting

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Crooked Media

News Commentary, News, Government, Politics

4.6 • 1.2K Ratings

🗓️ 23 November 2023

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week the attention of British political journalists was firmly fixed on Chancellor Jeremy Hunt, who unveiled big tax cuts in his much-anticipated Autumn Statement on Wednesday. The Conservative government’s cuts to National Insurance will put a few more pounds into UK payslips starting January– but at what cost? The Guardian’s Kiran Stacey joins Nish and Coco to explain what these cuts mean for public services (spoiler alert: it’s not good), and to explain why these proposals look like the work of a Chancellor who doesn’t plan to be in office much longer. While the Tories plot out a strategy for the next election– and its aftermath– the millions of people using food banks have other concerns. Helen Barnard, Director of Policy, Research & Impact at the Trussell Trust explains what the Autumn Statement means for people struggling with food insecurity and homelessness, and why tax cuts typically benefit the wealthiest members of society, not the poorest. She also lays out what kinds of structural changes could help end poverty.

Transcript

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0:00.0	This week we're taking a closer look at the autumn statement.
0:18.0	Less money, more problems. We'll examine what the chance for this what?
0:24.0	Not what I was expecting.
0:26.0	I wasn't ready for a big e-small reference.
0:30.0	We'll be examining what the chances of new plans tell us about the Tories election strategy.
0:36.0	We're here to dig into exactly what this is going to mean for your day-to-day life when the dust settles.
0:42.0	Hi Coco, how's your week been?
0:44.0	It's been retro.
0:46.0	What do you mean?
0:47.0	Well, as you know, Nish, we live in very retro times. David Cameron's back.
0:51.0	Big brother is on the tally.
0:53.0	People are wearing those absolutely horrible belts that are made out of discs that make you look like a gladiator.
0:59.0	They're selling them on Urban Outfitters for £35.
1:01.0	When I was wearing them from Dorothy Perkins for £3 in 2004.
1:07.0	Anyway, it's a very retro time.
1:09.0	And to top it all off last week, I went to a gig.
1:13.0	Yeah, you went to a gig.
1:14.0	Yeah, I went to a live music concert.
1:16.0	You went to see a band that I would say cleaves potentially more towards my taste of music than yours.
1:21.0	I do listen to music of the guitar variety.
1:24.0	Yeah, sure.
1:25.0	But I haven't actually been to a gig with the guitars for a really long time.
	...

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