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Podlitical

Will Spending Save the Economy?

Podlitical

BBC

Government, News

4.6157 Ratings

🗓️ 9 July 2020

⏱️ 25 minutes

🧾️ Download transcript

Summary

What do Chancellor Rishi Sunak's new schemes mean for Scotland? The team returns to discuss whether his plans will help soften the economic blow caused by Covid-19.

Transcript

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0:00.0

BBC Sounds

0:02.4

You're listening to BBC Scotland

0:09.8

Hi, you're listening to Podlitical, BBC Scotland's podcast

0:16.3

that gives you an inside look at the biggest stories coming out of Holly Roads and Westminster.

0:21.1

It's about 20 past two on Thursday the 9th of July. I'm Lucy White. I'm a journalist and I'm based

0:26.4

in the Glasgow Newsroom. Today I'm joined by. I'm Lindsay Buse and Edinburgh. Nick Hurley at

0:31.3

Westminster. What are the Sunday at home? And Phil Sim also at home trying stay away from the rain, because it's so loud you can hear

0:40.6

it on the podcast, apparently.

0:42.5

And Matt is also working from home today, our producer.

0:45.6

So, guys, we had precisely one week off of our big summer break.

0:50.8

Did everyone have a nice time?

0:53.5

Big, big, long holidays here in Podlitical.

0:56.2

I think we've all been working anyway, right? Yeah, I know, I know.

0:59.1

Listen, we did say we were going to come back when sort of important things happened. So we've all gathered again today because yesterday, the Chancellor Rishi Sunak made his summer statement.

1:10.4

That's his bid to try to save the economy after the massive impact of the still ongoing coronavirus pandemic.

1:16.7

Mr Sunak has said the UK is entering one of the most severe recessions this country has ever seen.

1:23.1

So on that cheery note, Rajde and Nick, you were covering this yesterday, this statement.

1:28.6

Yeah, I mean, that makes it sound like it was really doom and gloom.

1:31.7

I feel like the doom and gloom arrived today.

1:33.8

Yesterday, I feel like it was a bit more.

1:36.0

He was trying to inject lots of hope, saying he wants people to have hope about their future jobs.

1:41.2

So they announced a bunch of things.

...

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