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Sep 23, 2022
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so bigger than the bill of nigel lawson's 1988 budget. now bigger than that.would have been 30 billion and we had about a5 billion, so 50% bigger in tax cuts than perhaps we were expecting yesterday. that coupled with what you call the biggest government intervention in your lifetime, that is the package to help households and businesses pay the soaring energy costs. again, you said it was unsustainable and you thought it would be unsustainable. why? there's two separate things here. the energy cost support, hopefully is a one—off. it is enormous, but hopefully it's a one—off and within two years it will go because energy prices are back down. i do worry that we don't have an exit strategy here, that if energy prices don't go back down this becomes a very, very expensive long—term thing. but in terms of the a5 billion, there are no energy costs in there and we assume that is gone within a couple of years but a5 billion of tax cuts and a slowing economy which means we will be borrowing more than expected when the 0br did its last forecast, adding this to our mo
so bigger than the bill of nigel lawson's 1988 budget. now bigger than that.would have been 30 billion and we had about a5 billion, so 50% bigger in tax cuts than perhaps we were expecting yesterday. that coupled with what you call the biggest government intervention in your lifetime, that is the package to help households and businesses pay the soaring energy costs. again, you said it was unsustainable and you thought it would be unsustainable. why? there's two separate things here. the energy...
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Sep 23, 2022
09/22
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so bigger than the bill of nigel lawson's - announced on this scale. and middle—income families. what is your reaction to what you heard? ~ ., what is your reaction to what you heard? . . , . . heard? well we have 'ust heard an enormous heard? well we have 'ust heard an enemeus set h heard? well we have 'ust heard an enormous set of _ heard? well we have 'ust heard an enormous set of tax — heard? well we have just heard an enormous set of tax cuts - heard? well we have just heard an enormous set of tax cuts being - enormous set of tax cuts being announced, the biggest since the early 19705 and it's happening at a time when borrowing is already going up time when borrowing is already going up because of rising energy prices and rising interest rates, so the combination is the chancellor deciding to permanently loosen fiscal policy, increase borrowing for the greatest number on record and that is a big change in economic policy. and that is a big change in economic oli . �* ., ., policy. and with the goal of growing the economy _ policy. and with the goal
so bigger than the bill of nigel lawson's - announced on this scale. and middle—income families. what is your reaction to what you heard? ~ ., what is your reaction to what you heard? . . , . . heard? well we have 'ust heard an enormous heard? well we have 'ust heard an enemeus set h heard? well we have 'ust heard an enormous set of _ heard? well we have 'ust heard an enormous set of tax — heard? well we have just heard an enormous set of tax cuts - heard? well we have just heard an...
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Sep 2, 2022
09/22
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this campaign trail, but if you look at the front benches, from ken clark to heseltine, but also nigel lawsonpetent people running those big departments. that's what we need to go back to. that's what the country would like to see.— go back to. that's what the country would like to see. tobias, thank you very much- — and we'll find out how this story —— and many others — are covered in tomorrow's front pages at 10:30 and 11:30 this evening in the papers. 0ur guestsjoining me tonight are kevin schofield, who's political editor at huffpost uk, and the columnist for the article, ali miraj. do to be open on saturday, not gas has its detected an oil leak in it turbine under one pipeline and will have to stay closed for an indefinite period. it's been completely —— the russian energy giant gazprom says it has found a new problem in its key gas pipeline to europe, which had been due to reopen tomorrow. gazprom says it's detected an oil leak in a turbine on the nord stream 0ne pipeline, meaning it will remain closed for an indefinite period. the pipeline has already been completely shut down for thre
this campaign trail, but if you look at the front benches, from ken clark to heseltine, but also nigel lawsonpetent people running those big departments. that's what we need to go back to. that's what the country would like to see.— go back to. that's what the country would like to see. tobias, thank you very much- — and we'll find out how this story —— and many others — are covered in tomorrow's front pages at 10:30 and 11:30 this evening in the papers. 0ur guestsjoining me tonight...
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Sep 6, 2022
09/22
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requirement by all the leaders but i recall, the big beast that you had, michael heseltine, ken clarke, nigel lawsonould like to see with everybody able to support the prime minister. —— that is where i would like the country to now go. share minister. -- that is where i would like the country to now go. are you confident that _ like the country to now go. are you confident that is _ like the country to now go. are you confident that is what _ like the country to now go. are you confident that is what will - like the country to now go. are you confident that is what will happen? j confident that is what will happen? let's see what will happen over the next 2a, 48 hours, let's see what will happen over the next 24, 48 hours, but i'm not expecting a phone call myself, i should say. expecting a phone call myself, i should say-— should say. you should not talk ourself should say. you should not talk yourself down! _ should say. you should not talk yourself down! laughter i yourself down! laughter tobias ellwood there. he had his differences with borisjohnson who removed the conservative whip from him bu
requirement by all the leaders but i recall, the big beast that you had, michael heseltine, ken clarke, nigel lawsonould like to see with everybody able to support the prime minister. —— that is where i would like the country to now go. share minister. -- that is where i would like the country to now go. are you confident that _ like the country to now go. are you confident that is _ like the country to now go. are you confident that is what _ like the country to now go. are you confident...