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Home > The Money Podcast > Ex-Chancellors Expose How Frozen Thresholds & £70B Grab Erodes Your Wealth
Podcast: The Money Podcast
Episode:

Ex-Chancellors Expose How Frozen Thresholds & £70B Grab Erodes Your Wealth
Category: Business
Duration: 00:27:50
Publish Date: 2025-12-02 14:29:00
Description:

Two former UK Chancellors, Jeremy Hunt and Kwasi Kwarteng, provide a brutal, emergency budget analysis, revealing how Labour’s policies are crippling the UK economy.

Discover the shocking truth about £70 billion in new taxes, how "fiscal drag" and frozen thresholds are making your money erode faster than ever, and why this is the biggest issue facing the country right now.

BEST MOMENTS

"I think that I felt a bit betrayed... growth was completely sacrificed to the internal Labour Party debate about welfare spend."

"The problem with the situation we're in... is that we've got welfare states that were created... 80 years ago... and we have a lot less money, a lot less growth."

"The dollar in 2020... is worth 25% more than it is today. So that's in straight-line terms, 5% depreciation every year."

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