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Finger pointing begins as Labour claim they found a "black hole" in public finances. On Monday, Chancellor Rachel Reeves announced changes to the Winter Fuel Payment and later said the new government would have to raise taxes due to the discovery of a £22bn "black hole" in the public finances from the last Government, which former Chancellor Jeremy Hunt strongly denies. Is this political theatre or was it a genuine surprise to the incoming government and related public finance bodies like the OBR? Is this austerity, as some opposition parties have claimed, or are the government actually spending more than previously? And what does this mean for the money coming to Scotland? Before Podlitical breaks for recess, the team untangle this week's news, and look ahead to what we can expect in September and beyond when the Parliaments return.
On Nick Ferrari at Breakfast, Chancellor Jeremy Hunt and Shadow Chief Secretary to the Treasury joins us live. Starmer denies Diane Abbott has been barred from standing for Labour. Nick speaks with the head of the BMA on the junior doctors calling for a five-day strike just before the election. All of this and more on the Nick Ferrari Whole Show Podcast.
On Nick Ferrari at Breakfast, inflation falls to 2.3% in April. Nick speaks with Chancellor Jeremy Hunt. Water companies in England and Wales want bills to increase by between 24% and 91% despite falling customer satisfaction. All of this and more on the Nick Ferrari Whole Show Podcast.
Ronald Reagan famously asked voters: 'are you better off than you were four years ago?' At the next election, the Tories face a public thinking over the last fourteen years. Chancellor Jeremy Hunt gave a speech today defending the UK's record tax levels and attacking Labour's economic plans. But who should we trust more on tax? Fraser Nelson and James Heale join Katy Balls to discuss. Produced by Megan McElroy and Patrick Gibbons.
Artist Jonathan Yeo has painted luminaries such as Tony Blair, David Cameron and most recently the King. He has also painted Giles (twice) and Esther's sister. As old friends of Jonathan, Giles and Esther are well placed to guide the philistines of Instagram through his artistic talents.Chancellor Jeremy Hunt is seeking to reassure the nation that all is well in the UK. Unfortunately, his lacklustre writing style is the least of his problems; he has an 800 year old tax rebate and a batty flautist to sort out first. A new carrot and carrot approach to the obesity crisis is showing positive results. Are incentives the way forward to change behaviours…? How much to make people pronounce semaglutide correctly…?Finally, Giles gets in touch with his feminine side in the swimming pool, once he has buried his acorns… Hosted on Acast. See acast.com/privacy for more information.
With parties gearing up for a general election, Chancellor Jeremy Hunt promises further tax cuts. Plus: We speak to Green Party co-leader Carla Denyer; and a British asylum housing tycoon hits the Sunday Times rich list. With Michael Walker and Aaron Bastani.
The UK is officially out of recession - Rishi Sunak and Chancellor Jeremy Hunt have been banging the drum of the 0.6% GDP growth in the Jan-March quarter, but are things actually getting better?George Monbiot drops into the studio to demystify Neoliberalism - the invisible economic doctrine that has influenced UK politics and policy since the Thatcher years. George also brings some fresh ideas for how citizens can move away from being consumers and recapture our democracy. Finally, Nish and Coco eviscerate Esther McVey's campaign to ban that most dreadful example of civil service impropriety - the rainbow lanyard. Pod Save the UK is a Reduced Listening production for Crooked Media. Contact us via email: PSUK@reducedlistening.co.ukWhatsApp: 07494 933 444 (UK) or + 44 7494 933 444 (internationally)Insta: https://instagram.com/podsavetheukTwitter: https://twitter.com/podsavetheukTikTok: https://www.tiktok.com/@podsavetheukFacebook: https://facebook.com/podsavetheukYouTube: https://www.youtube.com/podsavetheworld Guest:George Monbiot, activist and writer Audio credits:BBC LBC The Guardian Useful links:Come to see Pod Save the UK live at Edinburgh Fringe!The Invisible Doctrine: The Secret History of Neoliberalism (& How It Came to Control Your Life) by George Monbiot and Peter HutchisonThe Guardian - Latest GDP figures offer some better news – but boom-boom Britain it ain't
New arrangements for childcare payments come into force in April in England. How will the new arrangements affect parents? Are they going to be better or worse off?The Chancellor Jeremy Hunt announced extended support for parents of pre-school children in 2023. But many parents say the payments are still too low or that there aren't enough places available. Felicity Hannah is joined by Ellen Broome of the children's charity Coram, and Jonathan Broadbery, Director of Policy at the National Day Nurseries Association.Presenter: Felicity Hannah Producers: Will Harris and Neil Morrow Editor: Beatrice Pickup
The Standard podcast is in Westminster as we focus on the critical pound in our pocket.The Evening Standard's reports that disposable income for households in the capital is set to rise by a meagre £110 on average this year' with National Insurance cuts and stealth taxes.But South East England will be the hardest hit by the combination of Chancellor Jeremy Hunt's fiscal changes.Plus, Professor Tony Travers, of the London School of Economics, warns the Tories risk a “near death experience” in London following a shock poll showing the party having zero post-election MPs in the capital.For the latest political and economic insights, Mark Blunden is joined by Evening Standard political editor Nicholas Cecil at Parliament. Hosted on Acast. See acast.com/privacy for more information.
Fastest 12-month fall in inflation since 1978. Chancellor Jeremy Hunt hints at further National Insurance cuts. When will the Bank of England cut interest rates? Financial journalist Michael Hunter explains how significant the latest drop in inflation is, and what it means for our pockets. In this episode:How significant is this drop in inflation?What has caused it?How soon could the BoE cut interest rates?Why falling inflation doesn't mean an imminent drop in pricesFollow us on X or on Threads. Hosted on Acast. See acast.com/privacy for more information.
Radio 4 is revamping its schedule from the beginning of April. Andrea Catherwood talks to the station's controller Mohit Bakaya about why he's decided to press refresh. He also responds to listeners' questions about shifting the Archers omnibus by an hour on Sundays and explains the thinking behind Feedback being moved to Thursdays. Also, we hear the polarised views of listeners on Amol Rajan's feisty interview with the Chancellor Jeremy Hunt. Some say it was a breath of fresh air – others that it was bad-tempered and unprofessional. And the true crime series Lady Killers with Lucy Worsley has been getting the Vox Box treatment. Two history buffs give us their personal take on the programme and the Executive Producer, Kirsty Hunter, is on hand to respond to their thoughts.Presented by Andrea CatherwoodProduced by Leeanne CoyleA Whistledown Scotland production for BBC Radio 4
In this episode, Emma Tracey gets reaction to Chancellor Jeremy Hunt's spending plans from Fazilet Hadi of Disability Rights UK. Plus Stephen Kingdom from the Disabled Children's Partnership on the Budget announcement that £105 million is to be spent on building schools for students with Special Educational Needs and Disabilities. There's also an interview with Henry Fraser. Once an aspiring rugby player, he was paralysed from the neck down in a diving accident and has since become famous for painting using his mouth and a specially-adapted paint brush.The episode was made by Daniel Gordon with Niamh Hughes and Emma Tracey. The editor is Alex Lewis. Recorded by Hannah Montgomery. Sound design by Dave O'Neill. To get in touch with the team email accessall@bbc.co..uk or find us n X, @bbcaccessall. Don't forget to subscribe by finding us on BBC Sounds.
Chancellor Jeremy Hunt has delivered a £10bn tax-cutting Budget, promising to create a “new generation of investors” — but what does he actually have in store for our personal finances? Host Claer Barrett is joined by an expert panel to discuss tax changes coming in April, with higher-earning working parents set to see the biggest boost. Armed with direct guidance from HMRC, Miranda Green, the FT's deputy opinion editor and Rafe Uddin, FT politics reporter, talk us through changes to child benefit, and whether plans for a new “UK Isa” and a retail offering of NatWest shares this summer will really boost the fortunes of London's stock market — and of investors. They're joined by Carl Emmerson, deputy director of the Institute for Fiscal Studies, who sets out what people on different salary bands can expect to see from the second cut to national insurance — plus what tax policies the opposition Labour party might be thinking up after Hunt shamelessly borrowed some of its biggest ideas. For more tips on how to organise your money, sign up to Claer's email series 'Sort Your Financial Life Out With Claer Barrett' at FT.com/moneycourseIf you would like to be a guest on a future episode of Money Clinic, email us at money@ft.com or send Claer a DM on social media — she's @ClaerB on Twitter, Instagram and TikTok.Want more?For a full guide to tax changes, read this FT Weekend piece: Will the Budget leave you better off? Listen to more episodes, such as Tax cuts: will they or won't they?, When is a tax cut not a tax cut? The Autumn Statement digested and more.Presented by Claer Barrett. Produced by Tamara Kormornick and Persis Love. Our executive producer is Manuela Saragosa. Sound design by Breen Turner, with original music from Metaphor Music. Cheryl Brumley is the FT's global head of audio.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Ian & Simon take a look at Chancellor Jeremy Hunt's 2024 budget statement. Who are the winners & losers? Did it excite or alarm? Does it fix the problems facing tax payers? Will it help the economy? What could it mean for the timing of the General Election?
Chancellor Jeremy Hunt's overriding message in his big pre-election Budget was that hard economic choices were paying off in the form of tumbling inflation, improved growth and the promise of more cuts to personal taxes. But his Budget also promises a brutal fiscal reckoning for whoever wins the general election expected later this year. Lucy Fisher discusses the Budget's implications with FT economics columnist Soumaya Keynes and Political Fix regulars George Parker and Stephen Bush.Follow Lucy on X: @LOS_FisherWant more? Free links:Chancellor's modest Budget giveaways set up fiscal pain for after electionLabour claims chancellor will create a £46bn fiscal hole with pledge to scrap NIThe 2024 Budget in briefSign up here for 30 free days of Stephen Bush's Inside Politics newsletter, winner of the World Association of News Publishers 2023 ‘Best Newsletter' award. Presented by Lucy Fisher. Produced by Manuela Saragosa with Leah Qiunn. Audio mix and original music by Breen Turner. The FT's head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.
Harriet and Producer Martin are joined by newly-elected threat to democracy George Galloway MP, who certainly tells them something. They also speak to Chancellor Jeremy Hunt about how he hopes this this budget will work out well for whoever happens to be in government after the next election, and Eshaan Akbar explains why more politicians should follow the example of Marjorie Taylor Greene and tell journalists to f*** off. Thanks to Jennifer Watson, Carol Jones, Shane McGill and Robert Harvey for signing up to our Patreon this week. They're getting ad-free episodes, exclusive videos, bonus podcasts and other things, and you can join them and help us pay our guests by going to patreon.com/NonCensored and lapping up all that delicious extra content. Keep your questions coming to the team by emailing noncensoredpodcast@gmail.com. Thanks to Rosie Holt (@RosieIsAHolt), Brendan Murphy (@notmurphy), Eshaan Akbar (@eshaanakbar), Mark Steel (@mrmarksteel), Will Sebag-Montefiore (@wsebag) and Ed Morrish. Tickets for Rosie's show, That's Politainment!, are available here. Tickets for Brendan's show, Buffy Revamped, are available here. Eshaan is going on tour with his show, Yum, in 2025, and tickets are available NOW. Mark Steel's podcast, What The F Is Going On?, is available here. Will Sebag-Montefiore's podcast, Legitimate Likes, is available here. Ed also produces Sound Heap with John-Luke Roberts, an excellent podcast that's now available on Maximum Fun. Show photography by Karla Gowlett (photoperspective.co.uk) and show design by Chris Barker (chrisbarkerprints.co.uk). Music and jingles by Paddy Gervers & Rob Sell (torchandcompass.com). NonCensored is a Lead Mojo production (leadmojo.co.uk). Learn more about your ad choices. Visit megaphone.fm/adchoices
As the dust settles on the Budget, Amol Rajan speaks to the Chancellor Jeremy Hunt about the plans he's set out for tax, public services and the economy.Listen to the Today programme on Radio 4 and BBC Sounds: 6-9am Monday-Friday; and 7-9am on Saturdays.
The Chancellor Jeremy Hunt hailed Wednesday's fiscal statement as a "Budget for Growth" - Will Bain hears from experts and businesses around the UK on what it could do for the UK economy.
The government's spring budget is getting a lukewarm response from many in rural communities - with more discussion of what wasn't in it, than what was. The NFU said it didn't go far enough to offer stability for agricultural businesses, growth in food production and decarbonising the sector. Friends of the Earth described it as: 'yet another missed opportunity to properly invest in building a strong, clean and prosperous future.' The Tenant Farmers Association said it was 'bitterly disappointed' that inheritance tax relief on farms hadn't been restricted only to those renting land out on a long term basis. While the Country Land and Business Association welcomed the extension of tax relief to land in environmental schemes, it said changes on taxing short term lets risked squeezing and stifling rural businesses. Chancellor Jeremy Hunt said it was all about long term growth and encouraging people back to work. We speak to Green Bank, Action on Communities in Rural England and a fruit grower to find out what they thought.We've been looking at lambing this week, and for those of us not involved it's a lovely time of spring, new life and hope. The reality on farms, particularly ones which rely on family labour is that lambing season is a test of endurance. We visit a sheep farmer near Exeter, who's nearly made it through the season.Presenter = Charlotte Smith Producer = Rebecca Rooney
It's budget day! And at time of record, Chancellor Jeremy Hunt had just dropped what the ladies hope will be the last Tory budget. Imagine that... Jemma and Marina give some initial reactions to Hunt's speech which opened with lies, continued with lies, and then finished with lies - because if there's one thing Hunt is good at, it's consistency. The ladies then move from the goings-on in Westminster to those in Rochdale with a lookback at George Galloway coming first in the Rochdale by-election, and Richard Tice's Reform candidate coming fourth - in a two-horse race, no less. Then it's onto that Sunak speech outside number 10 on a Friday at 5:30pm, which for all his faults, Boris Johnson would never have done - most probably because it would have eaten into wine-time Fridays. This week's underrated section is a buffet of delicious clips and tweets, including THAT Grazia interview with Rishi Sunak and his wife as they tried to convey themselves as totally normal, and came across as anything but. The ladies finish with a clip of Sky's Sophy Ridge that felt heaven-sent for The Trawl, plus a smash hits pudding from Munya Chawawa. Thank you for sharing and do tweet us @MarinaPurkiss @jemmaforte @TheTrawlPodcastPatreonhttps://patreon.com/TheTrawlPodcastYoutubehttps://www.youtube.com/@TheTrawlTwitterhttps://twitter.com/TheTrawlPodcast
We take a deep dive into all the housing and property related announcements from Chancellor Jeremy Hunt's Budget with India Block, The Standard's Homes & Property Deputy Editor. Stamp duty, non-dom status, capital gains tax, regeneration schemes and a crackdown on short-term rentals - they were all in there, but what exactly does it all mean for you?Follow us on X or on Threads. Hosted on Acast. See acast.com/privacy for more information.
On Nick Ferrari at Breakfast, Chancellor Jeremy Hunt and Shadow Chancellor Rachel Reeves join me live. I take your calls on the Spring Budget and LBC's Henry Riley speaks to floating voters. Donald Trump's Republican rival Nikki Haley pulls out of the presidential race, clearing the path for a Trump and Biden rematch. All of this and more on the Nick Ferrari Whole Show Podcast.
On this week's podcast, Martin talks about the importance of financial education in schools for young people, something he's been campaigning on for a long time.Martin also reacts to the budget from Chancellor Jeremy Hunt which included a campaign win on Child Benefit, and cuts to National Insurance. He talks consumer rights and his experience with eBay telling him he should go to the manufacturer with a tech item he bought on the site that was faulty. And there's a surprise guest in the Martin's Mastermind chair.
In this bonus episode Harriet and Grahame discuss the abolition of Non-Dom announced on the 6th March by Chancellor Jeremy Hunt, some of the detail around trusts and the proposed FIG regime, and the transitional provisions. They have some comments for advisers and generally for Non-Doms. In addition they look at the changes to the Transfer of Assets Abroad Regime.
The Chancellor Jeremy Hunt has delivered the last Budget before the general election.Adam and Chris are joined by Dharshini David and Faisal Islam who discuss Hunt's measures, Labour's response, and what they mean for you. You can join our Newscast online community here: https://tinyurl.com/newscastcommunityhere Newscast brings you daily analysis of the latest political news stories from the BBC. It was presented by Adam Fleming. It was made by Chris Flynn with Miranda Slade and Sam McLaren. The technical producer was Daffyd Evans. The assistant editor is Chris Gray. The senior news editor is Sam Bonham.
Chancellor Jeremy Hunt will on Wednesday put a £10bn personal tax cut at the heart of his Budget, and China is setting a 5 per cent growth target for this year. Plus, the FT's Michael Stott sat down with Argentina's president Javier Milei to talk about the country's economy. Credit: APMentioned in this podcast:Jeremy Hunt set to cut national insurance by 2p in UK BudgetArgentina's Javier Milei says he doesn't need congress to save the economyChina sets ‘ambitious' 5% growth target and flags risks to economySingapore defends exclusive deal for Taylor Swift concerts in south-east AsiaThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. The show's theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Everything you need to know about the 2024 Budget and how it affects you. Chancellor Jeremy Hunt comes out swinging with billions of pounds of personal tax cuts to boost his party's electoral hopes - and box in Labour and the Liberal Democrats. The Standard's Political Editor, Nicholas Cecil, discusses whether or not it's a blockbuster Budget for the Conservatives, and if it's enough to win over voters ahead of the upcoming general election. Hosted on Acast. See acast.com/privacy for more information.
Former U.S. President Donald Trump dominates the GOP Super Tuesday races. NBC News projects he has won almost all of the 15 states voting in the primary contest. Wall Street stumbles for a second straight day with tech stocks weighing. The Dow is down ahead of Federal reserve Chairman Jerome Powell's testimony on Capitol Hill. We are live in Westminster ahead of Chancellor Jeremy Hunt's UK budget later today. Personal tax cuts set to top the agenda. And in IPO news, Swiss-American dermatology company Galderma plans to list in Zurich, aiming to raise $2.3bn. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In a shorter episode this week, Martin reacts to the budget from Chancellor Jeremy Hunt – which included a campaign win on Child Benefit, and cuts to National Insurance. And there's a surprise guest in the Martin's Mastermind chair. 1'22 – National Insurance Cut 5'57 – Child Benefit 10'32 - Scrapping the fee on debt relief orders 11'56 - Increase in the time you can pay back a Universal Credit budgeting advance loan 14'29 – Lifetime ISAs 16'09 – Mastermind 23'51 – What Martin didn't get to in the podcast
The Chancellor Jeremy Hunt has unveiled details of his long-awaited Budget, with tax cuts he's hoping will revive his party's ratings in the polls. Among the key measures: a two percentage point cut to National Insurance contributions, raising the threshold at which child benefit is taxed, abolishing the non-domiciled tax status and introducing a British ISA to encourage more investing in UK stocks. We bring you highlights from Hunt's speech, the response from Labour leader Keir Starmer, plus analysis from Stephanie Flanders, Head of Bloomberg Economics, and John Stepek, who writes Bloomberg's Money Distilled newsletter. Hosted by Stephen Carroll and Caroline Hepker. See omnystudio.com/listener for privacy information.
Wednesday 6th of March, Chancellor Jeremy Hunt announced the Spring Budget for 2024. But what does it mean for blind and partially sighted people? Joining us with RNIB's response to some of the content from the budget is Policy Officer at RNIB Roisin Jacklin. Image shows: RNIB logo. On a white background RNIB written in bold black capital letters and underlined with a bold pink line.
The Chancellor Jeremy Hunt has announced the centre piece for his 2024 budget – a cut to national insurance contributions. We speak to senior researcher at Common Wealth Eleanor Shearer. Plus: TalkTV announce they are closing their terrestrial service and going online only; and Starbucks cut thousands of jobs as a result of boycotts over […]
Bosses at a bar in Ashford have made a U-turn on their decision to go cashless after some customers said they would not go back.The Glass House opened in the Lower High Street in 2018 and management recently announced the move on socials.A Kent homelessness charity is warning lives could be lost as funding for their services is set to be cut.Porchlight say they will be losing out on around a million pounds a year which could mean closing some of their hostels.The government's Rwanda bill has suffered five defeats in the House of Lords.It means it will now go backwards and forwards between both houses of Parliament while MPs and peers try to reach agreement. A leading Kent business expert has been telling us what he is hoping to hear from tomorrow's Budget.Chancellor Jeremy Hunt is due to announce the government's economic plans. which could include tax cuts and a reduction in the amount spent on some public services.And in football, Gillingham make the long trip north to Barrow in League 2 tonight.It follows their 2-0 win over Salford City at the weekend which moved them into the play-off places.
Today, we analyse Laura's interview with the Chancellor Jeremy Hunt ahead of the budget.Laura and Paddy are joined by Torsten Bell from the Resolution Foundation to shed some light on what goes into making a budget and whether the chancellor has any room to manoeuvre this week.And Mariano Janin, the father of Mia Janin, a teenager who took her own life talks to Laura. He believes his daughter was being cyber bullied on social media by her classmates. Mr Janin wants to use his platform to advocate for new cyberbullying laws. You can join our Newscast online community here: https://tinyurl.com/newscastcommunityhere Newscast brings you daily analysis of the latest political news stories from the BBC. It was presented by Laura Kuenssberg and Paddy O'Connell. It was made by Chris Gray with Joe Wilkinson. The technical producer was Jonny Baker. The senior news editor is Jonathan Aspinwall.
Two of Westminster's best-connected journalists, Sky News's Sam Coates and Politico's Jack Blanchard, guide us through their predictions of how British politics will play out over the next seven days. This week – Jack and Sam do their best to predict what Chancellor Jeremy Hunt has up his sleeve for his second, and possibly final, budget statement on Wednesday. They discuss if national insurance or income tax could be cut and what language Mr Hunt might use about money for public services. Away from the budget – is the toxic mood of Westminster likely to ease at all this week as George Galloway makes a return to the Commons? Plus, the Rwanda bill in the Lords and Super Tuesday in the US.Email with your thoughts and rate how their predictions play out: jackandsam@sky.uk or jackandsam@politico.co.uk
Chancellor Jeremy Hunt could either cut income tax, reduce the employee National Insurance rate or unfreeze the personal allowance in the Budget next week.
Following the Rochdale by-election, Sky's political Editor Beth Rigby, the Labour MP for Birmingham Yardley, Jess Phillips and former leader of the Scottish Conservatives Ruth Davidson discuss what George Galloway's win means for parliament. They examine the fall out of the by-election and ask why politics is not working for many people. They also look ahead to the budget – predicting what Chancellor Jeremy Hunt might pull out of the bag. A thought-provoking conversation with a healthy dose of fun. Email Beth, Ruth, and Jess at electoraldysfunction@sky.uk, Tweet Beth @BethRigby, or send a WhatsApp voice note on 07934 200 444. Warning: some explicit language.
You might have seen in the news a couple of days back that, to make Britain's unaffordable housing affordable, Chancellor Jeremy Hunt and the Treasury are considering a scheme whereby people can buy homes with a deposit of just 1% and get a 99% mortgage.Thus, in theory, you could buy a one million pound home with just a ten-grand deposit.(I expect they will cap it below that level, but you get the point).It has become a cliché of the internet, but we say it anyway: “what could possibly go wrong?” It's good to see the lessons from 2008 have been learned.Who would guarantee these loans should the buyer default? You would. You probably didn't know this, but you're already guaranteeing £4 billion under the existing mortgage guarantee scheme. You could soon be guaranteeing a whole lot more.Remember how they used taxpayer money to bail out the banks in 2008 and it was called “socialism for the rich”? This is the same thing, except this time they are bailing out the housing market. The Tories have this annoying (and mendacious) habit of leaking a policy to the press before it is actually policy to see how it goes down. I say mendacious because it is misleading. If they had any actual first principles by which they operated, then they would not do this. Instead, what sets policy is what Tories think might make them popular.In any case, I would hope this is another one of those test-the-water leaks, rather than something we will see come the next Budget in March, because it will send prices higher, just like its predecessor Help To Buy did, and that is the last thing we want. The solution to unaffordable housing is lower prices, not more debt.But regardless of whether the scheme gets the go-ahead or not, it still tells us all we need to know about how the Blob is going to fix Britain's housing crisis: it isn't. Instead, it's going to come up with increasingly innovative ways to bring more debt into the market and thereby send prices even higher.It was the same after the Global Financial Crisis in 2008. There was a chance to let the whole thing reset. Instead, we got suppressed interest rates, Quantitative Easing and then Help To Buy, all of which protected the already-haves at the expense of the have-nots. Labour won't make a jot of difference, by the way. It is just as bereft of first principles. That is how Keir Starmer is going to win the next General Election: by not standing for anything. Not that it matters who wins. The Blob still runs the place.The destructive effects of high house pricesIt makes me weep what high house prices have done to this country. I see an entire generation, if not two, psychologically damaged, almost beyond repair, because they cannot afford somewhere decent to live.They feel inadequate. They delay starting families, or have smaller families, or have no children at all because they cannot afford anywhere to house them. They then hate themselves because they have no children.The result of smaller families later in life is population decline. The Blob then says there aren't enough young people and opens the doors to mass immigration. Guess what happens then? Cheap imported labour pushes wages down, but increases demand for housing and essential services. State systems are too slow to adapt. Housing gets even more unaffordable. It is the most vicious of vicious circles.Locals are then told that priority in the workplace must be given to the newcomer because diversity. Complain and you are racist. Your history is bad, by the way. And you wonder why everything is such a clusterfook.Why do you think so many young people are so nihilistic? Because deep down they know they are never going to be able to afford anywhere decent to live, never mind pay off their student loans or have a family. They are, effectively, excluded from society. But stop drinking lattes and work harder.Who do you know who can afford to buy somewhere where they grew up? I know I can't, and I'm part of the One Percent. It's the opposite of progress. When people can't afford to live where they gre w up, they lose touch with their roots, their traditions, their culture, the very land. And you wonder why we have lost touch with who we are.All because of stupid house prices.Houses are not expensive to build. Look here's a 1,400 sq ft, 4-bed house with a 145 sq ft porch for £45,000. Delivery in six weeks.Looks nice, no?The issue is land, and it's a needless issue that goes all the way back to one of the most insidious and stupid bits of legislation ever enacted, The Town and Country Planning Act of 1947. When you create debt, you create money. The more money you bring into a market, the higher prices go. See student loans for more details. When that market is limited in how much it can expand, which is the case with UK housing because of restrictive planning laws, you get our situation where houses have gone up by three and half times more than wages.All the Treasury is doing with this policy is finding new ways to get more money into this market. There is only one way that will send house prices. It will only make things worse.The solution to unaffordable housing is lower prices. The Blob will not let that happen.By all means prop up the housing market. The cost will be your country.Further reading on the housing market:* Why Houses Cost So Much* What Really Causes Inflation* A Solution This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe
The Chancellor Jeremy Hunt has welcomed new figures showing annual inflation was stable at 4 per cent in January, avoiding an increase expected by economists. Bloomberg's Chief UK Economist Dan Hanson talks us through the political implications of the data. Also in the show: another Labour parliamentary candidate was suspended for controversial comments about Israel. Our senior reporter Alex Wickham has the details. Plus, ahead of tomorrow's two by-elections, our resident expert Yuan Potts joins us with a look at what to expect. Hosted by Stephen Carroll and Lizzy Burden. See omnystudio.com/listener for privacy information.
Nick is joined by broadcaster and journalist Lydia Hislop to discuss the latest goings on in the world of racing. They begin with the revelation that Chancellor Jeremy Hunt has held an audience with a group of high level racing officials and members of the Lords in an eleventh hour bid to check the progress of affordability checks, and has asked questions accordingly. Also on today's show, Nicky Henderson on Shishkin and more, while Sporting Life's Dave Ord gives us some background on the Timeform squiggle and whether Shishkin might get it removed this season. Victor Dartnall and Alan Johns join the show to talk about Aurigny Mill's Betfair Hurdle chances, while Swanbridge Bloodstock's Liz Lucas tells us about buying further into the 'Vega' family at Goffs. Nick and Lydia also discuss the Milton Harris appeal and the Newcastle scheduling farce.
Nick is joined by broadcaster and journalist Lydia Hislop to discuss the latest goings on in the world of racing. They begin with the revelation that Chancellor Jeremy Hunt has held an audience with a group of high level racing officials and members of the Lords in an eleventh hour bid to check the progress of affordability checks, and has asked questions accordingly. Also on today's show, Nicky Henderson on Shishkin and more, while Sporting Life's Dave Ord gives us some background on the Timeform squiggle and whether Shishkin might get it removed this season. Victor Dartnall and Alan Johns join the show to talk about Aurigny Mill's Betfair Hurdle chances, while Swanbridge Bloodstock's Liz Lucas tells us about buying further into the 'Vega' family at Goffs. Nick and Lydia also discuss the Milton Harris appeal and the Newcastle scheduling farce.
Nick Robinson sits down with the Chancellor Jeremy Hunt in the dining room of No11 Downing Street. They discuss living nextdoor to the Sunaks, how much headroom he will have at the budget, and who he would invite to his dream dinner party
Hundreds of doctors - led by campaign group Long Covid Doctors for Action - are planning to sue the NHS over claims that inadequate PPE provision has left them with Long Covid, according to Sky News. One of those, Dr Nathalie MacDermott, joins Emma Barnett to discuss it. Emma is joined by the rapper Princess Superstar who, after a 30-year career, has finally hit the big time following her song, Perfect, featuring on the soundtrack for the blockbuster film Saltburn. Ahead of Holocaust Memorial Day, we speak to three Jewish women - one, a survivor who was born in a concentration camp - about how you keep teaching the lessons of the Holocaust as fewer and fewer survivors are around to tell their stories. The Chancellor Jeremy Hunt is facing pressure to fix "unfair" child benefit rules. Campaigners like Martin Lewis have called for it to be a focus of the Budget in March as he says single income families are being penalised. Emma talks to the chair of the Treasury Select Committee, the Conservative MP Harriet Baldwin, and Tom Waters from the Institute for Fiscal Studies.Presenter: Emma Barnett Producer: Emma Pearce
Chancellor Jeremy Hunt raised the prospect of the Bank of England reducing interest rates in 2024 in an interview with the FT, and Novo Nordisk's drugs for obesity could have a profound effect on healthcare, society and our relationship with food. Plus, part three or our three-part series on a changing India looks at the country's booming fertility industry. Mentioned in this podcast:FT Person of the Year: Lars Fruergaard Jørgensen of Novo NordiskJeremy Hunt raises prospect of Bank of England rate cuts in 2024Credit: Vogue.comCredit: Jimmy Kimmel LiveThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Breen Turner, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. The show's theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
This week the attention of British political journalists was firmly fixed on Chancellor Jeremy Hunt, who unveiled big tax cuts in his much-anticipated Autumn Statement on Wednesday. The Conservative government's cuts to National Insurance will put a few more pounds into UK payslips starting January– but at what cost? The Guardian's Kiran Stacey joins Nish and Coco to explain what these cuts mean for public services (spoiler alert: it's not good), and to explain why these proposals look like the work of a Chancellor who doesn't plan to be in office much longer. While the Tories plot out a strategy for the next election– and its aftermath– the millions of people using food banks have other concerns. Helen Barnard, Director of Policy, Research & Impact at the Trussell Trust explains what the Autumn Statement means for people struggling with food insecurity and homelessness, and why tax cuts typically benefit the wealthiest members of society, not the poorest. She also lays out what kinds of structural changes could help end poverty.Planned changes to the disability benefits program give Nish a villain for the week, while Coco celebrates the heroic campaigners of Stop MSG Sphere whose activism successfully halted plans to build a bulbous, pulsating light-polluting orb-shaped music venue in Stratford, East London.Pod Save the UK is a Reduced Listening production for Crooked Media. Contact us via email: PSUK@reducedlistening.co.ukWhatsApp: 07514 644 572 (UK) or + 44 7514 644 572Insta: https://instagram.com/podsavetheukTwitter: https://twitter.com/podsavetheukTikTok: https://www.tiktok.com/@podsavetheukFacebook: https://facebook.com/podsavetheukYouTube: https://www.youtube.com/podsavetheworld Guest:Helen Barnard, Director of Policy, Research & Impact at the Trussell TrustKiran Stacey, Political Correspondent, The Guardian Audio credits:UK Covid-19 InquirySky NewsITV News Londonparliamentlive.tv Useful links:Helen Barnard's book: www.waterstones.com/book/want/helen-barnard/9781788213974Visit our sponsors: auraframes.com/psuk, promo code: PSUKVisit crooked.com/store for Christmas present ideas
The Matheson iPad saga continues and Chancellor Hunt delivers the Autumn Statement. The team discuss the latest developments of Scottish Health Minister Michael Matheson's £11k iPad roaming bill, with the Scottish Conservatives threatening a vote of no confidence, but not yet following through in Parliament. In Westminster, Chancellor Jeremy Hunt has delivered the Autumn Statement, announcing tax cuts and more, with the fast-forwarding of his announced 2p National Insurance cut to January fuelling speculation around the timings of the next General Election.
It's budget week on the rocket and the Chancellor Jeremy Hunt has some sizeable tax cuts to pull out of his fiscal stocking. But what do your co-pilots make of the Country's pre-christmas giveaway?Joining us to navigate this autumn budget is associate editor for the Telegraph Ben Wright, who gives his take on the Chancellor's statement.Liam thinks the Conservatives have buckled under pressure from the right of the party with sizable tax cuts, and questions where the funding for these cuts is coming from.Ben breaks down the figures behind the headlines, to conclude that there aren't actually sizable changes in this statement, and that it could all be smoke and mirrors. Is there a whiff of desperation in the air?Whilst Allison examines the other side of the bench and is full of praise for Shadow Chancellor Rachel Reeves' response to the statement. Could there be letters of no confidence once again making their way across the halls of Westminster?Read more from Liam: https://www.telegraph.co.uk/authors/liam-halligan/ |Read more from Allison: https://www.telegraph.co.uk/authors/a/ak-ao/allison-pearson/ |Find out more about Telegraph Money here: https://www.telegraph.co.uk/money/Need help subscribing or reviewing? Learn more about podcasts here: https://www.telegraph.co.uk/radio/podcasts/podcast-can-find-best-ones-listen/ |Email: planetnormal@telegraph.co.uk |For 30 days' free access to The Telegraph: https://www.telegraph.co.uk/normal |See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Chancellor Jeremy Hunt put a £20bn tax giveaway at the heart of his Autumn Statement. But will it be enough to win back disenchanted Tory voters? Whitehall editor Lucy Fisher is joined by the FT's consumer editor Claer Barrett and economics commentator Chris Giles to analyse the package on offer. Plus, Political Fix regular George Parker gives his take on whether voters will be wooed by personal tax cuts.Free links:Jeremy Hunt cuts national insurance but taxes head to postwar highWould Aussie rules boost UK pensions?Jeremy Hunt makes early move on tax as Tory poll slump continuesFollow Lucy on X on @LOS_Fisher, George @GeorgeWParker, Claer @ClaerB and Chris @ChrisGilesSign up here for 30 free days of Stephen Bush's Inside Politics newsletter, winner of the World Association of News Publishers 2023 Best Newsletter award. Presented by Lucy Fisher. Produced by Audrey Tinline. The executive producer is Manuela Saragosa. Audio mix and original music by Breen Turner. The FT's head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
The Chancellor Jeremy Hunt is finalising spending plans ahead of Wednesday's Autumn Statement. Laura's been speaking to him this morning, as well as his opposite number from Labour, Rachel Reeves. And Paddy's been hearing from people across the country who've told him what they would like to hear from the chancellor. Economics editor Faisal Islam is in the studio to talk it all through. You can join our Newscast online community here: https://tinyurl.com/newscastcommunityhere Today's Newscast was presented by Paddy O'Connell and Laura Kuenssberg. It was made by Chris Flynn with Josh Jenkins. The technical producer was Mike Regaard. The editors are Sam Bonham and Jonathan Aspinwall.
The Chancellor Jeremy Hunt is considering cutting inheritance and business taxes, the BBC has been told. He will present new economic policies in the Autumn Statement on Wednesday. Former Treasury minister, David Gauke, gives Laura and Paddy an inside look into how Autumn Statements are made. And they unpack another busy week of Westminster politics. You can join our Newscast online community here: https://tinyurl.com/newscastcommunityhere Today's Newscast was presented by Laura Kuenssberg and Paddy O'Connell. It was made by Chris Flynn with Joe Wilkinson. The technical producer was Mike Regaard. The senior news editors are Jonathan Aspinwall and Sam Bonham.