After months of rumours, hypothesis and gossip, at the moment the chancellor lastly delivered her autumn finances — however not earlier than an unintended leak of the finances doc rendered the entire speech considerably pointless. Alongside billions of kilos of tax rises got here the long-awaited finish of the two-child profit cap.
However our public providers have been decimated by years of austerity, and the price of residing disaster hasn’t gone anyplace. It doesn’t appear to be this finances will rocket us into an period of pleasure and prosperity any time quickly.
So, did progressives get the wealth taxes they’ve been demanding? Will the bond markets be popping champagne this night? And why has the chancellor discovered it so exhausting to show our financial system round?
Hannah Peaker, deputy chief govt on the New Economics Basis, is joined by James Meadway, host of Macrodose, and Carys Afoko, host of Over the High Underneath the Radar, for a particular cross over episode.
Music by Lee Rosevere, Free Music Archive: freemusicarchive.org/m… used beneath Artistic Commons licence: creativecommons.org/licenses/by— nc/4.0/.
