Hunt hails National Insurance cut but Reeves says people still worse off
The interview between Hunt and Amol Rajan ends with some disagreement over the state of the UK economy.
Hunt’s asked whether his Budget has come close to meeting the scale of the challenges, at a time when the British economy is “ravaged by economic shocks, at best drifting, at worse stagnant”.
After praising his latest financial announcements as meeting those challenges, the chancellor takes issue with Rajan’s characterisation of the British economy – calling it both “unworthy of the BBC” and of Rajan (presenting the Today programme) himself.
Rajan says his listeners will know that the average wage won’t return to pre-pandemic levels until 2026 – they want “radical change,” he tells the chancellor.
“I disagree,” Hunt says, adding that Today programme listeners know the pandemic and Ukraine war were challenging for all Western economies.
And on that note, the interview comes to an end.
Published at Thu, 07 Mar 2024 05:58:32 +0000