This Is Money Show

Is the UK economy heading for stability or just more trouble?

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Sinopsis

There's a new Chancellor in town and he means business. Serious business. After Kwasi Kwarteng tried to spread some joy to get growth going with tax cuts for all, Jeremy Hunt and the fun police have stepped in to stop the markets freaking out. The fallout from Kwarteng's ill-fated mini-budget has now claimed his Chancellorship and Liz Truss's Premiership - with Britain achieving the rare feat of losing two Prime Ministers in less than four months. But with Hunt's stern reversal of the tax cuts in place and a firm commitment to not come up with any more cunning plans that might upset the markets, is Britain now on a firmer economic footing. Or will our quest for yet another Prime Minister spell more trouble ahead? On this podcast, Georgie Frost, Helen Crane and Simon Lambert look at Hunt's rapid reversal of Kwarteng's cuts and whether they will steady the ship and prove a good idea. The team also discuss the decision to stick with the triple lock - an expensive promise the Government decided to keep, but