Have the Tories trashed the economy? | The Daily T Podcast

Published 2024-07-30
The Chancellor Rachel Reeves says it is time to ‘level with the public’ about the economic inheritance left by Tories after finding a £20 billion black hole in the public finances. So could this be setting us up for more tax rises?

As Reeves is set to axe rail and road projects to plug the budget shortfall, Camilla and Gordon Rayner are joined by Andrew Griffith, Shadow Secretary of State for Science, Innovation & Technology, to react to the chancellor's plans.

Plus we'll have the latest on the Conservative leadership race as Kemi Badenoch announces her bid. And after an Olympics double win, is Andy Murray Britain’s greatest athlete?

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All Comments (21)
  • @karinburt8168
    Stop blaming the Torys it's embarrassing. Labour does not have the interests of its citizens at heart. Give all the money to foreign countries and immigrants, and go on to punish those who worked to give governments their money.
  • @1milliondogs
    No one should ever take a single thing seriously from a person that uses the word 'Holibobs'
  • @hughmungus8340
    How about instead of scrapping winter fuel payments for pensioners born here, we remove benefits on everyone here illegally, send economic migrants home and start defending our borders?
  • @vrabgaz9944
    Well the obvious next step is taxing the people who have gotten more wealthy by multiples over the last decade under the tories, but that isnt something your papers owners want to even put in the public mind as a viable option
  • @Historyfan476AD
    Tories or Labour both will end up taking it out on the poorest and most vulnerable in society, while of course looking after their rich mates and likely enriching themselves off government contracts.
  • @harryhill-es5jk
    A black hole but labour and going spend billions billions more 😂
  • @paulmorgan3600
    I wonder if £8 million pounds a day on illegal immigrants has anything to do with it ..and it was labour that opened the borders
  • @ed4270
    Lockdown and immigrants and Ukraine.
  • @benh715
    Yes, the Tories trashed the economy by locking down so hard during the pandemic. Labour would have gone harder.
  • @0tispunkm3y3r
    Economy has been trashed for a while, pretty much since the GFC in 2007/08. They chose to kick the can into the long grass with QE. Also the covid spend: Absolutely biblical amounts of money, a lot of it for nought, a lot of it pilfered away by people with low morals. But definitely the straw that's brought all those long kicked chickens home to roost a bit sooner than anyone wanted. Labour won't do any better, none of the political class are capable in this regard. And besides, I wouldn't be surprised to find their hands completely bound between rocks and hard places. Someone, at some point is going to have to do something really unpopular. Its like a game of pass the parcel, but the parcel is a bomb with a dicky timer. Our economy isn't performant enough, we're a low productivity country and the state requires vast sums of money to barely stand still. There is no chance of moving forward whilst we build a hollow economy of deliveroo riders and amazon warehouse operatives whilst we let the very same businesses syphon the money out of the country.
  • @karinburt8168
    Conservatives have the main challenge of making people believe them regarding immigration. 14 yrs of not tackling immigration will not be forgotten, and will be even more imperative after 4 yrs of Labour destroying the national population.
  • @mort421
    taking from our pensioners and giving to zelenski 👏👏👏
  • @KheranSmith
    Yeah and…. We already know That they screwed everything up… probably went on May’s shoes and dresses lmao 🤣
  • The economy has been trashed since labour left and left with a note saying "best of luck there's nothing left" Successive governments have let the populace down. I say politicians should fear for their lives.
  • the telegraph is the tory rag following the daily mail, why bother with finding new leader for the tories, they are a bunch of crooks,
  • @fighne
    Best read the OBR letter, she had the smoking gun!
  • In the famous words of Mandy Rice Davies. And she never said in the first place.