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Podcast: Beyond Currency
Episode: 13 October 2022 - Prime Minister defies OBR
Description: Prime Minister Liz Truss has somehow found Theresa May’s magic money tree as she claims that there will be no cut to public spending to balance the books following the recent announcement of tax cuts. She may simply be so drunk on power that she believes that she has an unlimited mandate.
So far, the latter has been proved untrue as she has been forced to U-turn over the abolishment of the top rates of income tax, faces a rebellion over a rise in the rate of benefits and is accused of a lack of basic economic skills.
Yesterday’s an...