This podcast is sponsored by Canacord Genuity Wealth Management,

award-winning Wealth Managers who go above and beyond to support and guide you.

Visit candewelth.com to start building your wealth with confidence.

Hello and welcome to Coffee House shots, the Spectators' Daily Politics podcast.

I'm Cindy Yu and I'm joined by Katie Bulls and James Forsyth.

So on the podcast yesterday we talked about the cost of living discussion that's happened at

Cabinet this week, James, perhaps you can give us a read out of what happened, what were the main

fault lines and suggestions that Cabinet Ministers came up with? I think the overwhelming

sense you get is that these ideas are all fine as far as they go, you know,

relaxing the childcare ratio, something that Liz Truss talked about when she was a minister in

the coalition government, is a sensible policy that would probably at the margins reduce the cost

of childcare. But these aren't going to solve the biggest problems that households face right

now, which is that energy and fuel costs are rising. I mean the danger for the government is

saying things like, oh, you only have to get your MOT done every two years rather than one year.

Again, given that modern cars are more reliable than their predecessors might well be a perfectly

sensible move, it looks like the government, that's the government solution, as one form of

accountants has said to me just now, you know, you look like you're throwing pennies at a

billion-pound problem. You know, oh great, you don't have to pay for your MOT this year,

and by the way, your energy bills up by the 50%. Now, the government has already spent

nine billion pounds on trying to help people with their energy bills. And so I mean the government

is stuck in this dilemma, but I think the cost of living issue is going to become sharper,

particularly as it interacts with the geopolitical situation. We've seen European gas prices

...