Will the Autumn Statement break the Tory truce?
Coffee House Shots
The Spectator
4.4 • 2.2K Ratings
🗓️ 17 November 2022
⏱️ 12 minutes
🧾️ Download transcript
Summary
Produced by Cindy Yu.
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Transcript
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| 0:00.0 | This episode is sponsored by Canacord Genuity Wealth Management, experienced wealth planners and investment managers who offer unwavering support in challenging times. |
| 0:10.0 | Visit candowealth.com for more information. |
| 0:16.0 | Hello and welcome to Coffee House Shots, Spectators daily politics podcast. |
| 0:20.0 | I'm Isabella Harman and I'm joined by James Forsyth and Katie Bulls. |
| 0:24.0 | Well, Westminster is now digesting Jeremy Hunt's autumn statement. |
| 0:28.0 | James, just tell us how it's gone down. |
| 0:31.0 | So, at the moment, I think everything seems fairly calm. |
| 0:36.0 | It's not the drama that we had after the trust-quarting statement. |
| 0:41.0 | And that was really quite a lot of drama. |
| 0:44.0 | Yes. I mean, the pound is down a bit, guilty of the upper bit. |
| 0:48.0 | But this is going to whip in, they're going to realm of the expected. |
| 0:51.0 | I think Tory MPs are still chewing through what to think about it. |
| 0:56.0 | I think they sat there very quietly during the statement. |
| 0:59.0 | In part, because the news is just grim. |
| 1:03.0 | But I mean, the big question is, do they accept some of the tax rises, |
| 1:09.0 | and there are lots to be made of how high the tax burden is going, how do those go down, |
| 1:15.0 | and then also the kind of the politics of this, which is, I mean, |
| 1:19.0 | really enough is in terms of the country, I think the tax, |
| 1:23.0 | it's not going to be popular, but I think that people will kind of accept it, |
| 1:28.0 | given the bits of spending that are being protected. |
| 1:33.0 | And I mean, the biggest contrast with the mini budget is on the 45-P rate, |
| 1:37.0 | which Liz Trasson-Huyes-Quarting tried to abolish. |
... |
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