Article 38T5T Budget 2017: austerity continues – Politics Weekly podcast

Budget 2017: austerity continues – Politics Weekly podcast

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Presented by Heather Stewart with Sonia Sodha, Rob
from on (#38T5T)

Heather Stewart is joined by Larry Elliott, Sonia Sodha and Robert Colvile to discuss the second budget of the year. Plus we hear from Robert Chote - the man responsible for the drastic downward revision to Britain's economic growth forecasts - and the Resolution Foundation's Matthew Whittaker

It was billed as a "make or break budget" for the under-fire chancellor, so Philip Hammond put on a brave face and offered up tax cuts to first-time buyers, a bit more money for the NHS, tweaks to universal credit and a higher minimum wage.

But the major story from the second budget of the year came in the form of drastically revised economic growth projections from the independent Office for Budget Responsibility. Its director, Robert Chote, joins Heather Stewart to explain why he cut his forecast for Britain's economic output so suddenly.

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