00:00The markets are clearly worried that we now have a Spent Thrift Prime Minister
00:04who wants to say yes to everyone but cannot tell us where the money is coming from.
00:09He needs to pay for all his new promises and he has a choice.
00:14Higher taxes, more borrowing or spending cuts.
00:17Yesterday he said change begins with honesty.
00:21So will he be honest and tell us?
00:23Is he preparing to raise taxes again, yes or no?
00:30Can I say to the right honourable lady, I've already indicated my first moves were to cut tax.
00:36But I'm not going to do what any Prime Minister has done and is write the budget here.
00:41That will be the matter for my right honourable friend.
00:45But can I also say to her that he and I took a deliberate decision to set an early date
00:53for the budget
00:54so that we reduce the period for prolonged speculation of the kind that she is wanting us to indulge in
01:01today.
