Are we entering Austerity 2.0?

Tomorrow, our newest Chancellor Jeremy Hunt will announce his Autumn Statement. In previews, he's prepared the country for 'some pain' to fill a £50 billion 'black hole' in the public finances. If this means Austerity 2.0, what have we learned from the first one?

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Guest: David Smith, Economics Editor, The Sunday Times.

Host: Manveen Rana.

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