Good evening and welcome to Tisky Saar. My name is Aaron Barstani and I'm filling in for Michael Walker

as we talk about the biggest stories that matter to you. On tonight's show I have the honour

of being joined by Ash Sarka Ash how are we? We're doing good Aaron I'm just so happy to be here

with you because we don't often get to the show together so there are other AA are in attendance

and in effect. This isn't the roadside service AA this is the this is the A team I'm Murdoch

your face that's probably a literary TV reference lost in our audience that's fine I'm showing my

age in any case we have some really really big stories today first of which concerns Liz Truss

we are just one week away from finding out which of these two complete lunatics frankly when it

comes we can with policy becomes next prime minister. Liz Truss is all but guaranteed to be the

next prime minister and that's really bad news why because her plans to deal with the cost of

living crisis looks set to completely crash the economy. Truss is reportedly planning to cut the

AT currently at 20% by a quarter in order to help British households with their rocketing energy

bills. According to the IFS the average household bill is set to jump by 80% from October after

off-gem raised the energy price cap that cap currently stands just under two thousand pounds per

year but it'll be about three and a half thousand from October. So what would a 5% VAT cut mean?

It would save the average household thirteen hundred pounds per year while costing the treasury

three point two billion pound a month. Since most basics including groceries and medication

don't have VAT charging them anyway this kind of cut will benefit wealthier households

more than poorer ones. Unless you're spending significant amounts on

on essential goods and services you won't feel it at all and the more you spend on on essentials

the more you'll benefit from the savings. So it's a regressive proposal when it's designed to

attract the wealthy Tories who make up Liz Truss's base. But the Times has reported that top economists

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