It’s been a tough few weeks for new Chancellor Rachel Reeves. In a speech to the House of Commons on Monday, Reeves declared that despite going in to government with gloomy prospects, the financial inheritance was much worse than she had expected. Naturally, this didn’t go down particularly well with the now Shadow Chancellor Jeremy Hunt, as the two traded barbs whilst invoking the opinions of THE name in British economics - Paul Johnson. Nish and Coco sit down with the man himself, Paul, to talk about how deep the budgetary black hole goes and solutions for how the Government might tax their way out of it, whilst still meeting the difficult manifesto commitment of “no new taxes on working people”. Pod Save the UK is a Reduced Listening production for Crooked Media.Contact us via email: PSUK@reducedlistening.co.ukWhatsApp: 07494 933 444 (UK) or + 44 7494 933 444 (internationally)Insta: https://instagram.com/podsavetheukTwitter: https://twitter.com/podsavetheukTikTok: https://www.tiktok.com/@podsavetheukFacebook: https://facebook.com/podsavetheukYouTube: https://www.youtube.com/podsavetheworld Guest;Paul Johnson, Director of the Institute for Fiscal Studies. Useful links:Pod Save the UK, Live! https://tickets.edfringe.com/whats-on/pod-save-the-uk-livePSUK YouTube: https://www.youtube.com/@PodSavetheUKAudio clips:Parliament.TVInstagram / James Cleveley Learn more about your ad choices. Visit megaphone.fm/adchoices