Labour's Supermassive Black Hole

The Chancellor Rachel Reeves says it is time to ‘level with the public’ about the economic inheritance left by Tories after finding a £20 billion black hole in the public finances. So could this be setting us up for more tax rises?As Reeves is set to axe rail and road projects to plug the budget shortfall, Camilla and Gordon Rayner are joined by Andrew Griffith, Shadow Secretary of State for Science, Innovation & Technology, to react to the chancellor's plans.Plus we'll have the latest on the Conservative leadership race as Kemi Badenoch announces her bid. And after an Olympics double win, is Andy Murray Britain’s greatest athlete?Share your feedback on The Daily T podcast by taking our survey (here). To thank you for taking part, you’ll be entered into a prize draw to win one of four £50 John Lewis vouchers. £50 John Lewis voucher prize draw terms and conditions: Open to residents of the UK, ROI, Channel Islands and Isle of Man. 18+only. Entrants must complete and submit the survey before 23:59 on 25/08/24. [Terms and conditions]Producers: Georgia CoanSenior Producer: John CadiganExecutive Producer: Louisa WellsPlanning Editor: Venetia RaineyVideo Producer: Luke GoodsallStudio Operator: Meghan SearleSocial Media Producer: Niamh WalshEditor: Camilla TomineyOriginal music by Goss Studio Hosted on Acast. See acast.com/privacy for more information.