Rishi Sunak’s #Budget2021: The Verdict With Lord Skidelsky, Danny Dorling & Andrew Pierce (E985)

On this episode of Going Underground, we speak to Lord Skidelsky who discusses why Rishi Sunak’s budget may cause the Bank of England to raise interest rates, why accusations have been levied that the budget hurts small businesses, why the Universal Credit uplift should be permanent, why he is sceptical of Boris Johnson’s government predictions of a quick post-COVID recovery, the prospect of the UK becoming a tax haven and much more! Next, we speak to Professor Danny Dorling of Oxford University who discusses why Conservative governments delude themselves into thinking they’re reducing inequality, why the government’s excuse for not making the Universal Credit uplift permanent is weak and more! Finally, we speak to Andrew Pierce, consultant editor at the Daily Mail. He predicts Johnson is gearing up for a general election in 2023 and discusses why he is willing to accept hikes on corporation tax in Sunak’s budget, why Johnson will likely stay on as Prime Minister, despite his alleged financial troubles and desire to go to the private sector, and much more!

We contacted the Hong Kong Economic & Trade Office about allegations in this show and they said: “Lord Skidelsky's comment on ‘oppressive regulations’ is wrong. Hong Kong has a proud tradition of the rule of law. Like any other jurisdiction in the world, Hong Kong has the obligation to safeguard national security, as well as to maintain law and order. The National Security Law targets universally unacceptable acts that undermine sovereignty and national security. It also contains specific provisions that uphold Hong Kong residents’ rights and freedom under our constitution and relevant provisions of international covenants on human rights. With its implementation, Hong Kong has become a safer and more stable city.”

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