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Coffee House Shots

What will Kwasi do?

Coffee House Shots

The Spectator

Politics, Daily News, News

4.42.2K Ratings

🗓️ 14 October 2022

⏱️ 9 minutes

🧾️ Download transcript

Summary

It's one of those flight tracker days here in Westminster as Chancellor Kwasi Kwarteng is about to land from a trip to the IMF in Washington, cut short last night. Is the government about to U-turn on its three-week-old mini budget? If so, will the Chancellor resign? Cindy Yu talks to James Forsyth and Fraser Nelson.

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Transcript

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0:00.0

This episode is sponsored by Canacore Genuity Wealth Management.

0:04.0

Experienced Wealth planners and investment managers

0:06.7

who offer unwavering support in challenging times.

0:09.8

Visit kandilwelfth.com for more information.

0:15.6

Hello and welcome to Coffee Health Shots,

0:17.1

the spectators' daily politics podcast.

0:19.2

I'm Cindy U and I'm joined by Fraser Nelson and James Forsyth.

0:22.2

So it's one of those flight tracker days here in Westminster.

0:24.8

As we watch Quasicarte and the Chancellor fly back from Washington

0:28.6

and cutting his trip short, James, why is he rushing back?

0:31.8

So he has come back from the IMF meeting a day early.

0:35.2

He's cancelled meetings.

0:37.1

I think given the optics, no one wishes to be seen to be dashing for the last flight

0:41.9

back to the airport to sign up for a serious situation.

0:44.3

I mean, there are three possibilities.

0:46.3

Possibility one is he is coming back to perform the U-turn that was much discussed yesterday

0:51.6

and to abandon the cancellation of a corporation tax increase.

0:55.6

The second is that he is coming back to make the case against that,

1:00.2

to urge this trust to stick to her guns, to say, look,

1:03.0

we came in to do things differently, we should carry on doing that.

1:05.6

And the third is he's coming back to do that,

1:08.0

but ultimately his red line is if number 10 wishes to proceed and ditch the centerpiece of his

...

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