Friday, June 12, 2026

New Economics Podcast: Spring Budget Reactions


We're waiting longer than ever for hospital appointments, our children's schools are literally crumbling, and homelessness has risen dramatically in the past year. This week's Spring Budget is an important opportunity for Chancellor Jeremy Hunt to tackle the huge problems facing our country.

But instead of trying to solve any of our problems, the Chancellor announced cuts to National Insurance that will benefit the richest households twelve times more than the poorest.

So what does Jeremy Hunt's announcement mean for people across the UK? Why are the opposition talking about maxing out credit cards? What needs to be done to save our public services and improve living standards for all?

Ayeisha Thomas Smith joins Hannah Peaker, director of policy at the New Economics Foundation, and Lydia Prieg, director of economics at the New Economics Foundation

Music by Boddington Bear, used under a Creative Commons license: creativecoms.org/l​​ice​​e​s//bc/ 3.0/.



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