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Trussonomics: Is Trickling Down the new Levelling Up?

The new Chancellor, Kwasi Kwarteng, sacks the Treasury's top civil servant, while bankers expect unlimited bonuses.

The newly appointed Chancellor of the Exchequer, Kwasi Kwarteng, is facing criticism after he sacked Tom Scholar, permanent secretary at the Treasury since 2016, and following reports that he plans to scrap caps on banker bonuses. 

Anoosh Chakelian is joined by Harry Lambert, Freddie Hayward and Rachel Wearmouth to discuss what’s really behind the sacking of the Treasury’s most senior civil servant, and Prime Minister Liz Truss’s plans to encourage economic growth through tax cuts during a cost-of-living crisis.

Then, in You Ask Us, Rachel Cunliffe joins the team to answer a listener question on whether the police crackdown on anti-monarchy protestors is the result of the Police, Crime, Courts and Sentencing Act.

If you have a question for You Ask Us, email podcasts@newstatesman.co.uk

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