Criticism mounts following Labour’s £40Bn tax grab in the budget, with a new leader announced by the Conservatives is Kemi Badenoch the right person to return the party to power?
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00:00Clearly, Labour have the big problem. They went into the election, as did the Conservatives,
00:06saying that there wouldn't be tax rises. And of course, everyone knew that that was
00:10not possible. There were a lot of big cuts baked into the system. What we've got is the
00:15whole aspect of, do we need further rises to keep the public services, or at least to
00:22improve them, from the state that they're in. So obviously, we've had the budget. There
00:29are rises in many ways. Of course, it's meant to be clever. But of course, business believe
00:34that loading the cost onto them through the national insurance that they have to pay for
00:39their employers, and indeed, dropping the threshold from 9,100 down to 5,000, that's
00:45going to bring in lots of money. But certainly, from my perspective, I've heard a lot of concern
00:49from business who say it's going to be really difficult.
00:52The Conservative Party led for the first time by a black leader after an historic election
00:58victory, faces challenges in addressing the country's economic crisis, rebuilding trust
01:04amongst working class voters, and uniting a divided party base on key policy issues.
01:10Well, we have to give credit to the Conservative Party, because yet again, they have done something
01:16that no other party has done. Yes, it's their credit. But of course, I do get to the belief
01:24or I am of the belief now that we shouldn't be talking about skin colour. It's policies
01:28and what's good for the country.
01:30The question is whether the new Conservative leader can face off the challenge from Labour,
01:35but also from Reform UK for right-wing voters.
01:39Well, I mean, the thing about the Conservatives, they have a very long tradition, sometimes
01:45people regard as ignoble, of getting rid of leaders who are not up to the job. But many
01:51people, when Thatcher became leader in 1975, didn't sort of write her sort of abilities
01:55and as we know, people tend to sort of grow into it. We shall see.