What is the point of Liz Truss now?
The News Agents
Global
4.1 • 5.4K Ratings
🗓️ 14 October 2022
⏱️ 31 minutes
🧾️ Download transcript
Summary
Liz Truss has sacked her Chancellor Kwasi Kwarteng, and u-turned on her corporation tax cut. But without him, and the economic policy which defined her premiership, what does she stand for now? How long will she survive as Prime Minister and will she lead the Conservatives into the next election?
Lewis is joined by Katy Balls, Deputy Political Editor of The Spectator, and Michael Jacobs, Professor of Political Economy at the University of Sheffield, and former Special Advisor to Gordon Brown.
Production: Ellie Clifford and Gabriel Radus
Deputy Editor: Tom Hughes
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Transcript
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| 0:00.0 | The Newsagents podcast is brought to you by HSBC UK, opening up a world of opportunity. |
| 0:08.5 | This is a global player original podcast. |
| 0:12.3 | These days, in British politics, chancellors are like buses. |
| 0:16.2 | And you'll be Chancellor and Liz Truss will be Prime Minister this time next month. |
| 0:19.6 | Absolutely 100%. I'm not going |
| 0:21.4 | anywhere. Today, I have asked Jeremy Hunt to become the new Chancellor. Quasi Quarteng is now our |
| 0:27.4 | fourth shortest serving Chancellor in history, one of four Chancellor of the Exchequer that Britain |
| 0:33.3 | has had since July. By contrast, in the 13 years of the last Labour government, we had only two, |
| 0:40.3 | three in 11 and a half of the Thatcher governments. It is a sad litmus test of the descent |
| 0:46.6 | of British politics to turmoil. The question now is whether Liz Truss is about to join |
| 0:52.6 | Kwase Quartang as a pub quiz question. As trivia, political |
| 0:57.6 | legacy as asterisk. It's Lewis here. On a day when the superlatives ran out, this is the newsagents. |
| 1:08.0 | The newsagents. If Partyate was a slow, lingering death, |
| 1:13.9 | this political crisis has been affiable |
| 1:16.4 | with a match lit by the Prime Minister |
| 1:19.0 | and her now former Chancellor. |
| 1:21.6 | We on this podcast have felt as if we've lived it, |
| 1:24.8 | charted it in real time. |
| 1:26.3 | Our episode titles are a catalogue of the chaos. |
| 1:30.7 | 30th of September is Liz Truss doomed. Third of October. The lady is for turning. Fourth of October, |
| 1:37.5 | 10 days to save Liz Truss. Funnily enough, published 10 days ago. There are so many questions now. It is difficult to know where to |
| 1:46.4 | begin. But perhaps the one exerting the strongest political gravity is this. What is the point of |
... |
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