Interview with Chancellor of the Exchequer Philip Hammond...

The transcript discusses leadership candidates proposing tax cuts, with Mr. Rob, Mr. Johnson, and Savage Jarvis mentioned. The conversation shifts to the impact of resolving Brexit on economic stability, highlighting the potential to release fiscal reserves once a no deal Brexit is off the table. The speaker emphasizes the need to protect the economy and support businesses if a no deal Brexit occurs, using the fiscal reserves wisely.

Which leadership candidate is mentioned as proposing income tax cuts?

• Mr. Johnson

• Mr. Rob

• Mr. Savage

• Mr. Jarvis

What is the primary condition mentioned for considering tax cuts or increased spending?

• Approval from leadership candidates

• Increase in fiscal reserves

• Resolution of the Brexit issue

• Completion of public finance repairs

What is the potential risk mentioned if a no-deal Brexit occurs?

• Economic instability

• Increased borrowing

• Reduced public spending

• Higher taxes

What has the government achieved in terms of public finances?

• Increased borrowing

• Reduced borrowing faster than planned

• Maintained borrowing levels

• Increased fiscal reserves

Why is it important to have fiscal reserves according to the speaker?

• To increase public spending

• To support leadership candidates

• To cut taxes

• To protect the economy during a no-deal Brexit