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The Bunker – News without the nonsense

What’s left to cut?

The Bunker – News without the nonsense

Podmasters

News, Government, Politics, Society & Culture

4.61K Ratings

🗓️ 26 October 2022

⏱️ 25 minutes

🧾️ Download transcript

Summary

With Rishi Sunak keeping Jeremy Hunt in post as Chancellor, the prospect of a new era of austerity looms. But what is left to cut? From hospitals, to prisons and schools – public sector services are at breaking point. And with workers across struggling institutions already threatening strikes, how much worse can it get? Nick Davies from The Institute for Government think tank talks to Justin Quirk about where the government will make cuts and how to assess the damage. “We are looking at a lost generation of public services.” “Now is a very bad time to be unwell.” Written and presented by Justin Quirk. Lead Producer: Jacob Jarvis. Producers: Jacob Archbold and Jelena Sofronijevic. Assistant producer: Kasia Tomasiewicz. Audio production by Robin Leeburn. Music: Kenny Dickinson. Group editor: Andrew Harrison. THE BUNKER is a Podmasters Production.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

My name is Stan. I'm at. Nice to meet you. So you took up photography where? I've always loved

0:05.5

photography but I turn it into earning a living at 60. I enrolled on a day course.

0:11.8

Well college. I loved going to college. It's good you can retry. I'm enrolled on the day course. But college?

0:13.0

I loved going to college.

0:14.0

It's good you can retrain and do something.

0:16.0

Yeah, yeah.

0:17.0

Let's talk about working, learning, saving and making the most of living longer.

0:22.0

Phoenix Group is the UK's largest long-term savings and retirement business.

0:28.0

Search Phoenix Group living longer.

0:30.0

Pets brings so much joy.

0:32.0

From those happy greetings at the door to the warm cuddles on the sofa.

0:37.0

So give a little love back with Dental Life from Purina, a range of delicious chues made for dogs and tasty snacks for cats that help clean and support your pets, teeth and gums, essential for their overall well-being and a happy, healthy life. They give you plenty of smiles so look

0:55.5

after theirs with dental life. Pick up dental life in the pet food aisle. Hello and welcome back to the bunker daily I'm Justin Quirk.

1:11.4

Britain's economy is still reeling from then Chancellor Quasi Quateng's recent mini budget,

1:17.0

a series of announcements which in short order tanked the pound, sent guilt soaring, destroyed the country's economic credibility on the market,

1:24.8

and as we record today has just brought down PM Liz Truss and may still scuttle the entire government.

1:30.7

But while Quarting may be gone with Truss following hot on his heels, the damage they reaped on the economy remains,

1:36.0

namely a 40 billion pound hole in the public finances which needs to somehow be filled.

1:40.0

But while the Libertarian Right, to talk a good game about the need to find efficiencies and

1:44.6

savings, they're often remarkably coy about what this is actually going to mean for ordinary

1:48.9

people. In short, if we are going to repair the damage to this country's account, what is actually left to cut, and what would the country look like if it happened?

1:58.0

Joining me in the bunker today to answer these questions is Nick Davis of the Institute for Government,

...

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