Austerity 2.0: can Reeves cut her way to growth?

March 27, 2025

Pod Save the UK

Pod Save the UK

105 Episodes

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In This Episode

First the good news: we might just manage to build a lot of new houses. And the bad news? Millions of people will be worse off and about fifty thousand children will be pushed into poverty by welfare reform.

Nish and Coco unpack Rachel Reeves’ Spring Statement with the help of economist James Meadway, former advisor to John McDonnell. It was pretty bleak stuff from Reeves: the world is scary, growth is low, and cuts are coming. All with a strong whiff of austerity 2.0.

The Chancellor says her fiscal rules are “non-negotiable”. But James has an alternative Spring Statement to banish the gloom and challenge the way we think about growth.

Plus, as the great Signal security cock up rumbles on in the US, Nish and Coco wonder why they’ve never been included in a top-secret military chat. It’s just not fair.

And it’s got the UK talking, but will the Netflix drama ‘Adolescence’ make a difference in the real world?

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Guests:

James Meadway

Audio Credits

Parliament TV

Pod Save the UK is a Reduced Listening production for Crooked Media.

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