"Get A GRIP On Welfare Spending!" | Economist WARNS Burnham Over Budget
Description: Chief economist at WPI Strategy, Martin Beck, joins Ian Collins to discuss the pressure on Britain’s public finances and the difficult choices facing Labour ahead of the Budget.
Asked what the Chancellor should prioritise, Mr Beck says: “Get a grip on welfare spending.” He argues that rising spending and borrowing costs are limiting the Government’s room for manoeuvre, while the scope for further tax rises is limited.
The discussion also examines Labour’s resistance to welfare cuts, with Mr Beck saying its backbenchers “all want to spend more money, not less”.
#budget #economy #andyburnham
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Asked what the Chancellor should prioritise, Mr Beck says: “Get a grip on welfare spending.” He argues that rising spending and borrowing costs are limiting the Government’s room for manoeuvre, while the scope for further tax rises is limited.
The discussion also examines Labour’s resistance to welfare cuts, with Mr Beck saying its backbenchers “all want to spend more money, not less”.
#budget #economy #andyburnham
Have you got a story? Email tips@talk.tv
Click here for more from Talk https://talk.tv
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Subscribe on YouTube: https://www.youtube.com/talktv?sub_confirmation=1 Close description