

A special Business Podcast episode previewing UK Chancellor John Healy’s first budget, alongside a rapid news briefing. It focuses on how to spur economic growth amid geopolitical uncertainty and political resistance to public spending cuts, and whether businesses will face further tax “squeezes.”
Andy Haldane, President of the British Chambers of Commerce and former Chief Economist at the Bank of England; Claire Blackburn, PwC UK tax leader. Key claims/examples: Healy plans tariff cuts on foods (marmalade, gherkins, beans, chocolate) and oil/kerosene (kerosene tariff 4%, described as modest). Overall tariff savings cited as about half a billion pounds. Other notable news: RAF Fairford terror-plot charges; Israel election deadlock; Wales’ complex 12-bin recycling trial.
Written by AI. May contain mistakes.
Discussion on the Chancellor's upcoming budget cuts and their implications for the economy.
“Afternoon briefing on Tuesday 27th October.”
Examination of the Israeli elections and the complexities of forming a government.
“Some voters are describing these post-October 7th elections as the most consequential in the country's history.”
Overview of Wales' new recycling initiative involving an extensive bin system.
“And thousands of households in Wales now have 12 bins to choose from.”

Get the gist, explore an idea or ask about something said.
On Times Radio News Briefing, what are the key points of this episode?
Automatic transcript. May contain errors.
0:00Dominic O 'Connell and Hannah Previtt here from the Business Podcast. Join us for a special episode with President of the British Chambers of Commerce and former Chief Economist at the Bank of England, Andy Haldane, and PwC's UK tax leader, Claire Blackburn, as we look ahead to John Healy's first budget. We'll discuss the challenge he faces trying to get the economy growing, with an uncertain geopolitical backdrop and a party that's not keen on making cuts to public spending. We'll also ask what businesses are looking for, whether the government will be in a position to deliver, or if more tax squeezes are on the way.
0:34Listen to The Business wherever you get your podcasts.
0:42Welcome to The Times Radio. Afternoon briefing on Tuesday 27th October. Two men have been charged with offences under the National Security Act following a suspected terror plot at RAF Fairford last month. 24-year-old Mohamed Abdul Karim will appear in court, charged with assisting a foreign intelligence service. He'll appear alongside Newman Eskier, who's also 24, and accused of entering a prohibited place for a purpose prejudicial to the UK. The Chancellor, John Healy, will tomorrow cut tariffs on foods, including marmalade, gherkins, beans and chocolate, making them cheaper for shoppers in his budget.
1:19The Business Secretary, Jonathan Reynolds, has told Times Radio there will also be a cut in the price of oil, which some people use to heat their homes. The tariff that's currently levied on kerosene is not particularly high, it's 4%, and so this will not be a huge reduction in it. But it is all about finding and adding up the ways in which we can make a difference to people's lives. So if you take the British economy as a whole, we're not an economy that actually has quite high tariffs on products coming into it, but we're always looking at areas where we can release a little bit of pressure on people.
1:51And if you add up the overall package of tariff reductions in this case, and add it to the one we did earlier in the year. It's in the region of half a billion pounds of savings overall. Israelis are heading to the polls at the quickest pace in 45 years, according to reports. Some voters are describing these post-October 7th elections as the most consequential in the country's history. The governing coalition, headed by Prime Minister Benjamin Netanyahu, and the main opposition bloc, headed by Gadi Eisencott, are almost neck and neck, according to recent polling. Yakov Katz is a former editor-in-chief of the Jerusalem Post.
2:25He says the chances of a new government being formed are slim. The Eisenkot bloc has said they would not sit together in a government with the Arab parties. The Netanyahu parties have said they will not sit under Eisenkot. And the other parties in Eisenkot's coalition have said they would not sit under Netanyahu. So to make it less complicated, if there's going to be a government after the elections today, based on the polling, if that stays true, someone's going to have to break a promise. for Israel to have a government. And thousands of households in Wales now have 12 bins to choose from. Denbyshire County Council has brought in what's believed to be Britain's most complicated recycling system.
3:02Times Radio's Olly Cole has lifted the lid on this story. You get a box for paper. You get a box for your metals, plastic and cartons. You get a box for glass. You get a bag for your cardboard. There's then a caddy for food waste. You can have a wheelie bin for your general waste. There's a box on top for your small electricals. It comes with a clip-on box for batteries. Then there's a caddy for absorbent hygiene products. There's a bag for garden waste, a bag for textiles. And for 12 weeks only for 4 ,500 households, as a trial, there is a bag for flexible plastics. You can follow the Times Radio News Briefing on Spotify and listen live to Times Radio online.
3:44Dominic O 'Connell and Hannah Privet here from The Business Podcast. Join us for a special episode with President of the British Chambers of Commerce and former Chief Economist at the Bank of England, Andy Haldane, and PwC's UK tax leader, Claire Blackburn, as we look ahead to John Healy's first budget. We'll discuss the challenge he faces trying to get the economy growing, with an uncertain geopolitical backdrop and a party that's not keen on making cuts to public spending. We'll also ask what businesses are looking for, whether the government will be in a position to deliver, or if more tax squeezes are on the way.
4:19Listen to The Business wherever you get your podcasts. In 2011, a woman's body was found in a California vineyard. This is one of those types of murder investigations that you come across maybe once, maybe never. It appeared the killer tried to make the victim unidentifiable. Much more extreme than any other case I'd ever worked on. It haunted me. For over a decade, she was a Jane Doe. Then she finally had a name. But learning her identity is when the real mystery began. The killer knows who you are, but you don't know who the killer is. So be careful. Because that's not a one and done. I'm Olivia LaVoice, and this is Ada.
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